Cryptocurrency

In today’s tweet, Kiyosaki revealed a feature that sort of makes silver similar to Bitcoin: low supply.The financial guru expects the silver price to surge, as he tweeted: “Silver is going to take off. Supply low…demand up.” He urged his followers to start purchasing it before the price goes through the roof: “Buy now before the price of silver goes up.”However, the similarity to Bitcoin regarding its supply is arguable since Bitcoin can only exist in the form of 21 million coins, while silver can be mined any time once new deposits are found in the ground. Kiyosaki has tweeted many times about silver in the past, saying that it is widely used in various strategic industries, and the demand for it is unlikely to fall in the near future.He has also, many times, urged his followers on the X platform to start buying silver coins, which are affordable to many people, and thus store physical silver, which one can also use as currency in case the world faces a collapse in the future.This price prediction was slightly lower than the ones voiced by Kiyosaki at the end of last year. In December, the author of books on finance and investment tweeted that he expected Bitcoin to hit $350,000 this year, while he believes that the lowest it can reach is $175,000 per coin.This article was originally published on U.Today More

Bybit, the world’s second-largest cryptocurrency exchange by trading volume released the latest weekly crypto derivatives report in collaboration with Block Scholes. The report provides one last bird’s eye view of movements and signals in the derivatives market in the run-up to Trump’s inauguration. The overall found its pace in the absence of major news events, with the spot market treading steadily in the second week of the year.Data highlighted that realized volatility has caught up with implied volatility following the winter break lull, indicating a more energized market. Trading volumes in perpetual contracts have normalized, though participants appear to be awaiting clearer crypto-specific catalysts for more decisive positioning.Key Insights:Funding Rates Signal Long Position Strength: Perpetual swap funding rates maintained positive territory despite spot price fluctuations, indicating sustained demand for long positions. While BTC and ETH lead market direction, CRV showed consistently bullish rates, contrasting with ATOM which dropped 30% from monthly highs.BTC Options Reflect Long-Term Optimism: BTC’s realized volatility has recovered to match implied levels after the holiday lull. While short-term options show increased hedging activity, longer-dated contracts maintain a bullish skew with high implied volatility in the 50s range, supported by balanced open interest between calls and puts.Volatility Patterns Turn Bullish Post-CPI: Recent CPI data triggered a shift in BTC and ETH volatility smiles, with OTM calls showing higher implied volatility than puts near BTC’s $100K level. This marks a reversal from the previous week’s bearish short-term sentiment, highlighting market sensitivity to macro factors.Sources: Bybit, Block ScholesThe full report, including a detailed analysis of volatility trends, funding rates, and options market dynamics, is available for download.#Bybit / #TheCryptoArk / #BybitResearchAbout BybitBybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.For more details about Bybit, please visit Bybit PressFor media inquiries, please contact: media@bybit.com For updates, please follow: Bybit’s Communities and Social MediaDiscord | Facebook (NASDAQ:META) | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | YoutubeContactHead of PRTony AuBybittony.au@bybit.comThis article was originally published on Chainwire More

DeFi Agents AI (DEFAI) has raised $1.2M, supporting its efforts to improve the way users interact with decentralized finance. With the trading tool powered by AI, the platform aims to transform how users interact with decentralized finance, offering innovative tools and enhanced accessibility.DEFAI: Decentralized Finance Meets Artificial IntelligenceDEFAI (Decentralized Finance & Artificial Intelligence) represents an emerging sector with significant potential. Experts anticipate that the DEFAI market could grow to $20 billion, positioning it as a key trend within the crypto industry.By leveraging AI, DEFAI simplifies trading, automates complex tasks, and improves accessibility, making decentralized finance more approachable to a broader audience.DeFi Agents AI: Combining AI and DeFi for Smarter TradingDeFi Agents AI is an AI-powered trading assistant designed to empower traders with innovative tools, including automated trading, and real-time market insights. The platform offers intuitive solutions for navigating the fast-paced crypto market, catering to both experienced traders and newcomers.With support from notable launchpads such as GameFi.org, eesee.io, and SETAI Agents, DeFi Agents AI is positioned as a notable participant in the emerging DeFAI movement, as the platform prepares for its token launch on Base Network.The upcoming launch of $DEFAI further solidifies DeFi Agents AI’s commitment to scalability and innovation. By leveraging Base Network’s high throughput and low transaction costs, DeFi Agents AI seeks to deliver efficient and accessible trading solutions for its users.Over 11,000 DAU from Alpha App VersionDeFi Agents AI has onboarded over 11,000 active users, reaching 720,000 interactions within two weeks of the Alpha launch. These notable milestones reflect the platform’s adoption and appeal to newcomers.With $5M in assets under management and $2.3B in trading volume generated, DeFi Agents AI is setting a high standard in the DeFAI sector. Backed by a diverse network of top-tier investors, leading VCs, influential KOLs, and blockchain pioneers, the platform continues to demonstrate its potential to lead and define new trends in decentralized finance.DeFi Agents AI’s Unique FeaturesDeFi Agents AI distinguishes itself with its ability to automate trading while maintaining a user-centric design. Its advanced AI algorithms analyze real-time market data to predict trends and execute trades efficiently. The platform integrates with major exchanges, including Binance, OKX, and Bybit, allowing users to execute transactions securely and seamlessly without transferring funds to third-party platforms.Future Developments for DeFi Agents AIAs the Mainnet launch draws closer, DeFi Agents AI is preparing to introduce new features aimed at enhancing the decentralized finance experience.One key advancement is the introduction of the first-ever restaking layer, where users can stake $DEFAI to potentially benefit from profit sharing and additional rewards. Through staking, users will also receive AI training tickets, enabling them to contribute to the system’s development and create fully automated trading tools customized to their unique preferences.About DeFi Agents AIDeFi Agents AI (DEFAI) is an AI-powered trading assistant that integrates automation, advanced analytics, and secure access to major exchanges to redefine how users engage with decentralized finance. With a mission to make crypto trading smarter and more accessible, DeFi Agents AI is set to define the next wave of innovation in blockchain technology.Website: https://defiagents.ai.Twitter / X: https://x.com/AIDeFiAgentsTelegram: https://t.me/defiagentsaiContactCMOOliver GreenDeFI Agents AIoliver@defiagents.aiThis article was originally published on Chainwire More

Reppo Labs, a Crypto x AI company spun out of Protocol Labs Venture Studio in March 2024, has successfully raised $2.2 million in funding to develop critical infrastructure that enables permissionless collaboration on niche datasets between data owners/warehouses and AI developers and agents. Using Reppo as a connective tissue, AI agents can directly relay needs and negotiate data access from owners across the spectrum without intermediaries, unlocking price discovery and demand for data that would otherwise remain siloed. To facilitate this, the team is building an intent-centric Data Exchange, powered by Anoma and secured by Gateway Protocol.Reppo’s unique approach leverages programmable IP co-ownership as the incentive mechanism to ensure fair use and compensation for data owners—who may not know the immediate value of their data—to benefit from downstream revenue generated by derived IP and its usage.Raghav (RG) Rmadya, CEO and Founder of Reppo Labs, commentedBrad Holden, Partner at Protocol VC, said,The $2.2 million funding included participation from Protocol Labs, CV VC, CMS Holdings, and a significant portion was raised on Echo.xyz, the first allocation being sold out in less than 10 minutes. Notable angel investors include Charles Songhurst, Lincoln from MH Ventures, Dieter Fishbein from Anoma, Thomas France (Ledger co-founder), Nicolas Pinto (Cygni Labs) and more.About ReppoReppo is the permissionless coordination layer for AI Systems to collaborate with Data, Infra, and Capital, democratizing access to resources and empowering developers and agents to build whatever they desire. Headquartered in Cayman Islands, the team comprises global talent with deep expertise in AI/ML, blockchain, crypto, and Web3 ecosystem.Users can learn more at https://reppo.xyz/ and follow Reppo on Twitter (X) and LinkedIn.ContactCEORG RmadyaReppo Labsrg@reppo.xyzThis article was originally published on Chainwire More

Bitcoin rose 2% to $101,372.1 by 01:01 ET (06:01 GMT). In the lead-up to President-elect Donald Trump’s inauguration on January 20, Bitcoin has experienced a significant surge, recently reaching a record high of $108,244. This upward trajectory is largely attributed to the anticipation of crypto-friendly policies under the incoming administration.Trump is preparing to sign an executive order making cryptocurrency a national policy priority and granting industry leaders a significant role in shaping regulations, Bloomberg reported on Friday citing sources.Notably, the order may create a national Bitcoin stockpile using the government’s $20 billion in confiscated Bitcoin holdings, the report stated. Trump’s campaign promises, including the potential creation of a strategic reserve and the appointment of cryptocurrency advocates to key regulatory positions, have bolstered investor confidence in the digital asset.The appointment of Paul Atkins, a known crypto advocate, as the prospective chair of the Securities and Exchange Commission (SEC) is particularly noteworthy. Republican officials at SEC are expected to start revising the agency’s cryptocurrency policies, possibly as soon as next week when Trump assumes office, Reuters reported on Wednesday citing sources.In the broader cryptocurrency market, most altcoins jumped much more than Bitcoin, reflecting an increased risk-on sentiment. World no.2 crypto Ether gained 0.2% to $3,374.21.World no.3 crypto XRPjumped 8.7% to $3.0616.Solana climbed 5%, and Polygon rose 2.3%, while Cardano surged 7.7%. Among meme tokens, Dogecoin gained 2.7%.Litecoin surged 16% after rising more than 10% a day earlier, amid growing optimism over the possible approval of an LTC-focused exchange-traded fund (ETF).The rally comes after Canary Capital amended its S-1 registration form with the SEC on January 15. Analysts view the amendment as a significant step toward engaging with regulators.Such filings often suggest that feedback has been received from regulators, with the updates potentially offering insights into the review process.If approved, the proposed ETF would make Litecoin the third cryptocurrency, alongside Bitcoin and Ethereum, to secure a U.S.-approved spot ETF. More

The move could reshape how the U.S. government approaches digital assets, marking a sharp turn from the current administration’s enforcement-heavy strategy.The forthcoming order, expected as early as Monday, aims to elevate cryptocurrency to a national imperative. It may establish a crypto advisory council to advocate industry-friendly policies, signaling a warmer stance after years of regulatory crackdowns, the report stated.Bitcoin was 0.4% higher at $100,285.5 as of 19:34 ET (00:34 GMT).Federal agencies under President Joe Biden filed over 100 enforcement actions against crypto firms, including Binance and Ripple, and tightened restrictions on banking access for the sector following scandals such as FTX’s collapse.Key measures under consideration include a review of existing digital asset policies by all federal agencies and a potential pause on litigation against crypto firms, Bloomberg said, citing unnamed sources familiar with the plans.Notably, the order may create a national Bitcoin stockpile using the government’s $20 billion in confiscated Bitcoin holdings, the report stated.Trump, who actively supported crypto during his campaign, has pledged to make the U.S. the global leader in digital assets.The executive order, if issued, would build on momentum from private industry. Major financial players like BlackRock (NYSE:BLK) and BNY Mellon (NYSE:BK) launched crypto products, while Cantor Fitzgerald announced a Bitcoin financing venture, according to the report.Bitcoin has rallied significantly since Trump’s election in November, reaching a record high above the $108,000 mark last month, bolstered by optimism surrounding his pro-crypto stance.The executive order remains under discussion and could change, Bloomberg added. More

Bitcoin historian Pete Rizzo recently shared on X (formerly Twitter) a statement made exactly 16 years ago by the Bitcoin creator, on Jan. 16, 2009: “I might make some sense just to get some in case it catches on.””Satoshi Nakamoto on Bitcoin when the price was $0, exactly 16 years ago. Legendary,” Rizzo wrote, highlighting Bitcoin’s creator statement.This comment came days after Bitcoin launched and saw its first transaction. On Jan. 3, 2009, Satoshi Nakamoto mined the first block of the Bitcoin blockchain, known as the Genesis Block. On Jan. 12, 2009, Satoshi Nakamoto sent 10 BTC to computer scientist Hal Finney in the first-ever peer-to-peer Bitcoin transaction.Many in the cryptocurrency world believe Satoshi’s suggestion to “get some in case it catches on” was prophetic. Bitcoin has not only gained popularity but also established itself as a cornerstone of the cryptocurrency sector during the last 16 years.Bitcoin was worth $0 at the time, but its value has since surged. At the time of writing, Bitcoin was trading at $99,332, having reached an all-time high of $108,268 on Dec. 17, 2024. Bitcoin has a current market valuation of $1.96 trillion, having reached $2 trillion in December.Sixteen years later, Satoshi Nakamoto’s words and vision are still relevant, demonstrating the timeless nature of these insights and Bitcoin’s expanding influence.The digital asset blipped around the six-figure threshold in the early Thursday session, reaching highs of $100,880 and maintaining a more than 3% increase spurred by Bureau of Labor Statistics data the day before.The report pointing to falling core consumer prices revived bets on another Fed rate cut in July, boosting equities as well as cryptocurrencies.This article was originally published on U.Today More

Interestingly, the price of XRP has not soared in line with the rest of the crypto market but in contrast to it. In the last few hours, the popular alternative cryptocurrency has seen its prices literally tear apart its main rivals in the face of Bitcoin (BTC) and Ethereum (ETH), with a stunning 16% rise from today’s lows against both leading cryptocurrencies. As a result, the price of XRP reached a valuation of 0.000033 BTC and 0.00099 ETH. This is still far from the all-time highs against both Bitcoin and Ethereum, with up to 657% and 269% room for growth, respectively. Where will all this liquidity go after a turnover in XRP? Into beta plays like HBAR or XLM? Or perhaps the rest of the altcoin spectrum can enjoy some of the new money flows?Consider too that XRP’s dominance on the crypto market is now estimated at 5.5%, and that figure was down 77% in October alone. Thus, we will definitely see some sort of reallocation, but when and where remains an open question.This article was originally published on U.Today More