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Author: SAM McRay
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Grayscale Adjusts Crypto Fund Portfolios: Livepeer, Curve, and SUI Added as AI, DeFi, and Smart Contract Funds Evolve
Grayscale Investments, a leading asset management firm specializing in cryptocurrency, has announced significant changes to its multi-asset funds as part of its Q4 2024 portfolio review. The adjustments impact several of Grayscale’s key funds, including those focused on Artificial Intelligence (AI), Decentralized Finance (DeFi), and Smart Contract platforms. These strategic modifications are seen as vital…
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Cardano Whales Accumulate 10 Million ADA Amid Price Dip: What’s Behind the Surge and Market Correction?
Cardano (ADA) whales have been notably active in recent days, accumulating over 10 million ADA tokens within just 24 hours, as the price of the cryptocurrency experienced a significant drop. According to on-chain analytics from Santiment, shared by crypto analyst Ali Martinez, this buying spree took place on January 7, coinciding with a broader downturn…
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Is Pi Network’s Mainnet Launch Worth the Wait? Delays, Stats, and What Pioneers Can Expect in 2025
The Pi Network, a mobile mining cryptocurrency platform, has announced a new timeline for its long-anticipated mainnet launch, now slated for February or March 2025. This delay has sparked mixed reactions from its global community of over 9 million users, fondly known as “Pioneers.” Since its inception in 2019, Pi Network has drawn millions with…
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Pi Network IoU Token Price Flat as Mainnet Launch Nears: Support at $50 and Potential for Surge to $100 – What’s Next for Pi Coin?
The price of Pi Coin, also known as the Pi Network IoU token, has remained stagnant at a key support level as developers work towards launching the long-awaited mainnet. Currently trading around the psychological level of $50, Pi Coin is significantly lower than its November high of $100, primarily due to delays in the mainnet…
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Ripple’s CEO Meets Trump at Mar-a-Lago: A Strategic Dinner Marking Key 2025 Growth for Ripple and XRP
Ripple’s CEO Brad Garlinghouse, Chief Legal Officer Stuart Alderoty, and former President Donald Trump recently met for a dinner at the Mar-a-Lago Resort on January 7, 2025, setting a promising tone for the company in the new year. The dinner, which was shared on social media by Garlinghouse and Alderoty, marked a significant moment for…
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Bitcoin Investor Ordered to Surrender Crypto Keys in Historic Tax Evasion Case
An early Bitcoin investor in Texas, Frank Richard Ahlgren III, was ordered to surrender his cryptocurrency holdings and access keys as part of his sentencing for tax fraud. Ahlgren, who was convicted in December 2024, faces a two-year prison term for underreporting over $3.7 million in Bitcoin sales between 2017 and 2019. The IRS has…
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Solayer Labs Unveils InfiniSVM: The Next-Gen Blockchain to Revolutionize Scalability and Performance in 2025
Solayer Labs, a staking protocol on the Solana blockchain, is set to transform blockchain technology in 2025 with its groundbreaking project, Solayer InfiniSVM. This hardware-accelerated blockchain introduces a robust architecture to address scalability and performance challenges that have long hindered traditional systems. InfiniSVM: Redefining Blockchain Performance At its core, InfiniSVM employs a unique Shared Virtual…
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Pepe Price Faces Downward Pressure: Whale Sell-Off, Bearish Sentiment, and Market Oversupply Weigh on PEPE
Pepe (PEPE) has been on an impressive upward trajectory, rising by 13.07%. This surge has provided significant profits for long-term holders, particularly whales, who have taken the opportunity to capitalize on the gains. One such whale sold a massive 217 billion Pepe tokens, worth approximately $4.54 million, through Kraken. After the sale, the whale secured…
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RLUSD’s Rapid Growth Signals Major Shift in Stablecoin Market: Will Ripple’s New Stablecoin Take the Lead?
Uphold, a major cryptocurrency exchange and staunch ally of Ripple, has recently spotlighted the extraordinary rise of Ripple’s RLUSD stablecoin. Within weeks of its debut, RLUSD saw a trading volume surge of over 100%, securing its position as the seventh most traded stablecoin by 24-hour volume. With its meteoric rise, RLUSD is now positioned to…
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Nasdaq Proposes 900% Increase in IBIT Options Limits to 250,000 Contracts as Bitcoin ETF Sees $37.31B Inflows
The cryptocurrency market is abuzz as the U.S. Securities and Exchange Commission (SEC) reviews a proposal to increase position and exercise limits for BlackRock’s iShares Bitcoin Trust (IBIT) options. Proponents argue that this move could create a more liquid and competitive trading environment, offering significant benefits to market participants. The SEC has 45 days to…
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