Author: WebDesk

Luisa Crawford Jan 24, 2025 11:05 The Render Network’s AI Scouts kicked off their first weekly AMA, discussing AI, blockchain, and future collaborations. Key insights from AI experts Paul Roales, Danny Newman, and Nate Solomon were shared. In a significant event for the Render Network community, the inaugural weekly AMA session featuring the AI Scouts took place this week, marking the beginning of a series designed to foster engagement and innovation within the network. According to Render Network, the session brought together community members and AI experts to discuss the intersection of artificial…

Singapore court approves WazirX recovery plan, enabling token-based compensation for users affected by the $235M hack. WazirX collaborates internationally to recover stolen assets and initiates a token buyback for user compensation. In January 2025, the Singapore court has approved WazirX’s plan to repay users harmed by the $235 million hack. Of course, this approval represents a new route for the exchange in its attempts to rebuild public confidence and reduce the influence of the unwelcome event. 📢 Court Approval for Scheme Meeting Granted We’re pleased to announce that the Singapore High Court has granted us leave to convene a Scheme…

President Donald Trump, who is also being referred as ‘Crypto President”, signed an executive order yesterday that prohibits federal agencies from establishing, issuing, or even promoting central bank digital currencies (CBDCs). With this order now being passed, this move will have a significant impact on the decentralized alternatives as more opportunities will come up for the the decentralized stablecoins, and the main focus currently has been on Ripple’s RLUSD, which is pegged to the U.S. dollar. U.S. bans issuance, circulations, and use of CBDC, Ripple’s RLUSD to flourish? Ripple’s RLUSD To Take The Lead? Ripple’s RLUSD, a decentralized stablecoin operating…

Ali, a crypto analyst, points to Bitcoin’s potential support level at $97,530 as key in sustaining the current bullish momentum. The main support level to be monitored for Bitcoin is $97,530. Staying over this level is critical to keeping the current bullish momentum afloat, believes Ali. Bitcoin (BTC) has been trading in a tight range since hitting a new all-time high (ATH) of $109K on Jan. 20, 2025, and is now quoted at $105,128.95 as of Jan. 24. This reflects a 3.5% decline from the previous high, as per CoinMarketCap.  Understanding Bitcoin’s support level  In crypto trading, support levels are an important…

Iris Coleman Jan 24, 2025 10:03 Injective (INJ)is at the forefront of the real-world asset tokenization revolution, leveraging blockchain technology to offer innovative financial solutions and collaborations with major institutions. As the world of blockchain continues to evolve, Injective (INJ)is emerging as a significant player in the tokenization of real-world assets (RWAs). The platform is leveraging its blockchain optimized for finance to spearhead a revolution that is expected to reshape the financial landscape. According to Injective Labs, the sector is set for a boom in 2025, driven by clearer regulatory frameworks in countries…

Dogecoin is undoubtedly one of the most popular cryptocurrency tokens to explore at the moment. The token is gaining immense momentum and traction due to its association with Musk’s Department of Government Efficiency of D.O.G.E. With the Tesla chief assuming his official role as the head of the aforementioned department, the market has turned bullish for Doge, pushing the token to hit new highs. Will DOGE be hitting the $1 mark this year or next? Let’s find out.Also Read: Official TRUMP & MELANIA Coins Prediction For Early February 2025Dogecoin to Rise Higher Than Predicted Price ThresholdsSource: NewsBTCDogecoin is already aiming…

The crypto community is split over Donald Trump’s launch of the $TRUMP memecoin and First Lady Melania Trump’s $MELANIA token. Now, Changpeng Zhao (CZ), the founder of leading crypto exchange Binance, has joined the discussion with a diplomatic yet concise take, stating, “I can see both sides of the argument.” A day before his inauguration, President Trump launched $TRUMP, which skyrocketed over 400%, sparking heated debates within the crypto community. Earlier today, CZ, the former CEO of Binance, shared his perspective on the pros and cons of the controversial memecoin launch. I can see both sides of the argument. And…

The cryptocurrency market is currently experiencing bouts of joy and transformation as Donald Trump, the US president, has rescinded SAB 121, enabling banks to custody Bitcoin. This development is extremely bullish for the domain in general, allowing the traditional investor base to confidently interact with the crypto realm. Will such positive crypto activities help Ripple (XRP) and Shiba Inu (SHIB) surge to new highs? Let’s find out.Also Read: Solana: Can SOL Hit $300 By January-End 2025?Shiba Inu Price Prediction for Early FebruarySource: Watcher GuruShiba Inu is currently one of the top trending cryptocurrency tokens in the market. The token has…

CryptoQuant CEO and founder Ki Young Ju has stated that Chinese authorities have already liquidated a massive trove of BTC originally tied to the PlusToken scam. Posting on X (formerly Twitter) on January 23, Ju stated: “China sold 194K Bitcoin already, imo. PlusToken’s seized BTC in 2019 was sent to Chinese exchanges like Huobi. The CCP said it was ‘transferred to the national treasury’ without clarifying if it was sold. A censored regime holding censorship-resistant money feels unlikely.” He followed up with further details about the possible fate of these Bitcoins: “The seized BTC from the PlusToken scam was mixed…

“Bye, bye SAB 121! It’s not been fun,” says a post published in X by SEC Commissioner Hester Pierce after the US regulator withdrew the controversial accounting guidance of 2022, which required companies to report customers’ crypto assets on their balance sheets.The cryptocurrency industry has welcomed the move wholeheartedly. Many crypto enthusiasts have expressed their happiness openly on social media. Some think that it is a crucial point in the journey of the crypto sector toward success. Time to dive deeper. Ready? What Was SAB 121 and Why Was It Controversial? SAB 121 was introduced in 2022. It aimed to address risks…