Cryptocurrency

McGlone pointed out that odds are that gold may also draw investors from the stock market and “have the upper hand,” “especially if Bitcoin has peaked” this year.He also noted that gold will attract investors from crypto, including Bitcoin, in 2025.As reported by U.Today earlier, top cryptocurrency analyst Michael van de Poppe has named the Tether FUD that is currently circulating the crypto market as the main reason why the Bitcoin price is unable to go back above $100,000.On Dec. 30, the European authorities implemented new crypto regulatory rules that assume strong compliance, and many expect Tether’s stablecoin, USDT, not to fit into these new regulatory rules. Therefore, many are spreading speculation that the most popular stablecoin would be delisted from European exchanges. However, Tether CEO Paolo Ardoino has refuted those rumors, assuring that Europe will not call USDT illegal on its markets.This article was originally published on U.Today More

Ahead of its anticipated mainnet launch, Plume Network today announced its pre-deposit vaults have reached $64.4M in total deposits following the successful completion of its latest campaign with Nest, the flagship RWA staking protocol. The Nest campaign attracted $28.6M in deposits, following StakeStone’s earlier pre-deposit campaign, demonstrating significant demand for RWA-backed DeFi offerings.The Nest RWA staking campaign saw more than 20,000 users participate for early access, highlighting strong interest in the protocol’s innovative approach to real world asset yield generation. Nest, built exclusively on Plume, will provide depositors first access to its staking vaults, offering a variety of yields backed by institutional-grade real world assets, top crypto assets, or stable treasuries.Pre-deposits in USDT and USDC gave early users access to Nest’s vaults with boosted reward rates before mainnet. Through Nest’s ecosystem on Plume, users gained permissionless access without middlemen to yield opportunities from institutional assets typically restricted to traditional finance.”We designed this campaign with our community in mind,” said Teddy Pornprinya, Co-founder at Plume. “When our initial vault filled within 20 minutes, we listened to our community who had asked us to expand previous vaults, and opened access beyond our initial $10M cap. We’re committed to our early supporters – not only are we preserving their rewards, we’re actually increasing the total reward pool to match the additional deposits.”The strong response to these campaigns reinforces Plume Network’s position as a leading platform for RWA protocols and DeFi users. With its EVM-compatible infrastructure and full-stack tokenization architecture, Plume has already attracted over 180 projects to its ecosystem, while Nest provides asset issuers unparalleled distribution to Web3 users.Nest’s launch will feature three key vaults: a flagship RWA Vault offering liquid access to yields from established asset managers like Blackstone (NYSE:BX), Carlyle, and Pimco; a Treasuries Vault providing stable returns through AAA-rated assets managed by Plume’s partners M^0, Mountain, and Anemoy; and a High Yield Vault for users seeking growth opportunities through blue-chip crypto assets.”Each vault is designed for different user preferences while maintaining core principles of security and liquidity,” said Alex Palmer, Head of Product at Plume. “Whether users choose the RWA, Treasuries, or High Yield vault, they can easily deposit and withdraw while earning high-quality yields. Looking ahead, we’re exploring additional vaults that could include exposure to AI infrastructure, GPUs, government bonds, and real estate.”Nest’s vaults are secured by multiple audit firms including SlowMist, risk assessment by Cicada Partners, and an additional audit to be completed by Trail of Bits.The success of both pre-deposit campaigns signals growing institutional and retail demand for real world assets, establishing Plume Network as a cornerstone of the emerging RWAfi ecosystem.About Plume NetworkPlume is the first fully integrated L1 modular blockchain focused on RWAfi, offering a composable, EVM-compatible environment for onboarding and managing diverse real-world assets. With 180+ projects on its private devnet, Plume provides an end-to-end tokenization engine and a network of financial infrastructure partners, simplifying asset onboarding and enabling seamless DeFi integration for RWAs.For more information, visit https://plumenetwork.xyz and https://x.com/plumenetwork.About NestNest is the flagship staking protocol on Plume enabling users to earn institutional-grade yields through real world assets. The permissionless protocol allows fund managers and issuers to create structured offerings, while giving users access to traditionally restricted assets and opportunities. Audited by SlowMist and risk-assessed by Cicada Partners, Nest leverages Plume’s infrastructure to democratize access to institutional yields.For more information, visit https://nest.credit and https://x.com/NestCreditContactPlume [email protected] article was originally published on Chainwire More

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As the crypto market looks ahead to 2025, Galaxy Research has unveiled its predictions for the upcoming year. In its report, the investment management firm, led by crypto enthusiast Mike Novogratz, highlighted key drivers and potential targets for major cryptocurrencies Bitcoin (BTC), Ethereum (ETH) and Dogecoin (DOGE).These projections provide a view into Galaxy’s optimistic outlook for the coming year, which is driven by anticipated developments in blockchain technology, market adoption and macroeconomic shifts.As the curtain closes on 2024, crypto enthusiasts and investors are keeping a close watch on the developments that might shape the market in the year ahead, laying the groundwork for what might be an explosive 2025.Galaxy predicts Bitcoin to cross $150,000 in H1 and test or exceed $185,000 in Q4, 2025. “A combination of institutional, corporate, and nation-state adoption will propel Bitcoin to new heights in 2025. Throughout its existence, Bitcoin has appreciated faster than all other asset classes, particularly the S&P 500 and gold, and that trend will continue in 2025. Bitcoin will also reach 20% of Gold’s market cap,” Alex Thorn, Galaxy’s head of research, wrote.Ethereum, the second largest cryptocurrency by market capitalization, is anticipated to trade above $5,500 in 2025, as regulatory headwinds for DeFi and staking are expected to ease, propelling Ethereum to new all-time highs.Thorn predicts that new partnerships between DeFi and TradFi, possibly undertaken within new regulatory sandbox environments, will finally allow traditional capital markets to experiment with public blockchains in earnest, with Ethereum and its ecosystem receiving the lion’s share of attention. Corporations will increasingly experiment with their own layer-2 networks, which are mostly based on Ethereum technology. Some games that use public blockchains will discover product-market fit, and NFT trade volumes will significantly increase.Galaxy predicts that Dogecoin will finally hit $1, with the world’s largest and oldest meme coin reaching a $100 billion market cap.This article was originally published on U.Today More

Floki has partnered with the Kings World Cup Nations, a football tournament set to merge traditional football with Esports. This collaboration expands Floki’s presence on the global stage, following its success with Kings League Infojobs in Spain last year.The Kings World Cup Nations, created by Gerard Piqué, will feature 16 national teams in a 7-a-side format that blends competitive football with digital entertainment. The tournament will take place from January 1 to 12, 2025 in Italy, with the final held at the Allianz (ETR:ALVG) Stadium in Torino.The tournament boasts a lineup of high-profile players and celebrities, including Mario Götze, Jake Paul, Iker Casillas, Ibai, Chicharito Hernández, and Kun Agüero. Representing countries from Europe, the Americas, and beyond, the competition is set to draw international attention.Floki’s presence will appear throughout the tournament with premium LED match board visibility, backdrop banners, overlay banners, commentator mentions, and exclusive sponsorship of matchday results across X and Instagram. Floki also has exclusive VIP access at the events, which will be used to run promotions for the Floki community.The tournament is expected to generate 600 million video views and 20 million hours watched across platforms like Twitch, YouTube, X, and TikTok.Floki is the people’s cryptocurrency and utility token of the Floki Ecosystem. Focused on utility, community, philanthropy, and strategic marketing, Floki is working toward becoming the world’s most recognized and used cryptocurrency. With over 490,000 holders globally, Floki has already established a strong brand presence. Users can learn more at floki.com.YouTube | Telegram | Instagram | TikTok | Discord | Facebook (NASDAQ:META) | Reddit | Twitch | ValhallaContactCommunity Relations OfficerPedro [email protected] article was originally published on Chainwire More

Open (also known as webisOpen on X, collective includes RSS3) is transforming virological research and decentralized science (DeSci) through its innovative Open Virtual Machine (OVM). This technology, integrated with the Compute Wormhole, facilitates the on-chain analysis of genetic similarities between two viruses: SARS-CoV-2 (sequenced in Wuhan, 2019) and SARS-CoV (sequenced in Toronto, 2003).This analysis is performed fully on-chain using Open’s Open Virtual Machine (OVM) within a Trusted Execution Environment (TEE) (together known as Open’s Compute Wormhole) utilizing and bridging decentralized compute from Hyperbolic Labs, to ensure integrity, immutability, determinism, and resistance to tampering. Additionally, OVM guarantees verifiability through on-chain transactions, promoting transparency and trust in the results.This demo and experiment of Open Desci Platform Alpha and its record on-chain (on Open Chain) has also been released to the public to showcase the power of OVM to the public. Users can check out this link for more information.The Research Challenge Decoding the genetic fingerprints of viruses has traditionally required expensive supercomputers and extensive infrastructure—resources often out of reach for many researchers. For years, virologists have been constrained by financial and logistical challenges, forcing them to focus more on acquiring equipment than advancing scientific discovery. Moreover, the reliance on private or centralized computing resources has limited peer reviews, making it difficult to reproduce results and raising concerns about the integrity, reliability, and trustworthiness of the findings.Entering the OVM Revolution The Open Virtual Machine (OVM) offers a high-performance, decentralized, and verifiable compute layer, designed to democratize access to advanced computational resources. Its implementation begins with a demonstration and experimental applications on Open Chain, showcasing its capabilities in bridging decentralized computation with the immutability of blockchain technology. By bridging powerful decentralized computation with blockchain immutability, OVM is a Data Wormhole for innovations like verifiable and transparent AI and DeSci. The Open collective includes @RSS3_, @_RSSHub, and @openinfo.RSS3 is a decentralized network indexing and structuring data, delivering accessible and valuable Open Information to the next X (prev. Twitter), Google (NASDAQ:GOOGL), OpenAI, and beyondfor AI and decentralized science (also known as DeSci).Key Features of OVM in Decentralized ScienceThe Bridge Between Blockchain and Beyond OVM’s architecture introduces a framework that integrates blockchain’s on-chain immutability with scalable, decentralized computing resources, including GPU support for demanding computational tasks. This design enables efficient execution of compute-intensive applications, such as:Democratizing Research, Unlocking Discovery (NASDAQ:WBD) OVM enables researchers worldwide to access advanced computational resources without reliance on costly infrastructure. By prioritizing accessibility, the platform emphasizes scientific innovation over financial constraints. This approach fosters global collaboration, empowering researchers to address critical challenges such as pandemics and climate change.Open and Modular by Design OVM’s modular architecture allows decentralized applications to tap into scalable computing power through partnerships with decentralized providers like Hyperbolic, Gensyn.ai, and Aethir Cloud, or virtually anyone with spare computational resources. This design supports the creation of an open and transparent ecosystem for research and development, accessible globally and at any time. Exploring OVM-Powered Genomic Analysis (Coming Soon on Mainnet)The OVM-powered infrastructure will enable users to analyze the genetic sequences of:The Future of Compute is Open Available now on Open Chain for demo purposes, with support for more platforms on the horizon, OVM is ushering in a new era of decentralized science. By bridging the gap between blockchain and advanced decentralized computation, OVM unlocks the true potential of the Open Web and DeSci, paving the way for breakthroughs in Science, AI, and beyond. OVM removes infrastructure barriers, enabling scientific progress to be driven by creativity and innovation. This approach represents a significant step forward in the evolution of open science.About Open (aka webisOpen on X, coll. Incl. RSS3)Open is a series of endeavors aimed at propelling the Open Web forward. Collectively, Open is the Data and Compute Wormhole for innovations like verifiable and transparent AI and DeSci. The Open collective includes @RSS3_ @_RSSHub & @openinfo_. webisOpen.RSS3 is a decentralized network indexing and structuring data, delivering accessible and valuable Open Information to the next X (prev. Twitter), Google, OpenAI, and beyond.ContactMarketing LeadKM KMOpen [email protected] article was originally published on Chainwire More

Decentralized Science (DeSci) aims to tackle systemic inefficiencies in traditional scientific research, such as bureaucratic funding processes, underfunded breakthrough opportunities, and limited retail access to longevity investments.SUI Desci Agents, a platform empowering retail audience to invest in longevity research breakthroughs, is poised to become a leading project at the forefront of the upcoming trend.BIO Protocol’s Binance Listing On December 23, 2024, Binance posted a tweet announcing the launch of BIO Protocol’s launchpool.Now users can stake their BNB and FDUSD to earn BIO airdrops over 10 days, with a Binance listing of BIO Protocol scheduled for January 3, 2025.SUI DeSci Agents at the Forefront of DeSciSUI Desci Agents is a platform for launching DeSci assets, automatically growing their audience with AI agents, and generating liquidity with mechanics inspired by pump.fun. It aims to democratize access to longevity research investments for retail users.$DESCI offers a variety of features that make the project unique: The Number of DeSci Supporters Keeps GrowingThe number of DeSci supporters keeps growing and includes prominent web3 leaders and big web2 VC firms:In November 2024, pump.science launched two tokens, Rifampicin and Urolithin A, which have since attracted attention in the market. Their market capitalizations reached approximately $125 million and $45 million, respectively, within a few days of their introduction.The decentralized science (DeSci) sector continues to expand, with SUI DeSci Agents establishing itself as a potential leader. The project is developing a platform where retail audience can invest in tokenized longevity compounds. They are also working on AI-powered B2C wellness tools that would help SUI Desci Agents to onboard more users into the ecosystem.As an interest in decentralized approache to science grows, $DESCI aims to contribute to the evolution of scientific innovation.About SUI DeSci AgentsSUI DeSci Agents is a platform designed to launch DeSci assets, grow their audience with AI agents, and create liquidity through advanced mechanics inspired by pump.fun.With a hot ticker $DeSci, the project aims to democratize access to longevity research investments, empowering retail audiences to actively participate in scientific advancements.ContactCEOOlha ZubarievaSUI Desci [email protected] article was originally published on Chainwire More

FLock.io, the private AI training platform, has announced the official launch of its mainnet on Base. This launch coincides with the Token Generation Event (TGE) for its native token, FLOCK, which will serve as the utility token of the FLock ecosystem by incentivizing and rewarding community participation.The FLOCK token will debut on Bybit, offering participants in the incentivized testnet an airdrop of tokens at today’s TGE. Users have an opportunity to earn FLOCK by engaging in decentralized AI training through the platform, which is accessible via train.flock.io. These tokens will play a role in enabling collaboration among data providers, training nodes, and compute providers within FLock.io’s ecosystem.FLock.io’s platform has gained traction, with nearly 20,000 AI models created to date, with the ecosystem supported by over 600 training nodes, 1,000 validators, 63,000 delegators, and 700,000 end users of models. The platform’s products include AI Arena, a competitive AI development environment; FL Alliance, a federated learning collaboration platform; and the AI Marketplace, which enables users to interact with and deploy trained models.FLock.io’s platform ensures data ownership while facilitating community engagement through on-chain rewards to promote transparency and active participation. With over 30 advanced models, FLock.io has processed over 2.5 million model and validation submissions. FLock.io’s business partners include Morpheus, IOnet, and Aptos.As the only AI infrastructure project to receive the Ethereum Foundation Academic Grant in 2024, FLock.io represents a shift toward privacy-preserving, community-driven AI development, reducing dependence on centralized systems and empowering its global network of users. The mainnet launch and TGE pave the way for FLock.io’s next phase of privacy-focused, community-driven AI development on Base.Users can now find FLOCK on Bybit and CoinGecko exchanges. To learn more, users can visit flock.io.About FLock.ioFLock.io is a community-driven platform facilitating the creation of private, on-chain AI models. By combining federated learning with blockchain technology, FLock.io offers a secure and collaborative environment for model training, ensuring data privacy and transparency. FLock.io’s ecosystem supports a diverse range of participants, including data providers, task creators, and AI developers, incentivizing engagement through its native FLOCK token. Users can learn more at [email protected] article was originally published on Chainwire More