Crypto analyst Investing Haven has provided a bullish outlook for the FLOKI, predicting that the meme coin could record a 200% surge. The analyst also revealed what must happen before FLOKI can record such a parabolic price surge.

FLOKI Price To Surge 200% If This Happens

In an X post, Investing Haven predicted that the FLOKI price could rally to its 2025 bullish target of $0.0005. However, he remarked that holding the critical support at $0.000122 early this year is key to maintaining bullish momentum and aiming for a breakout to this new all-time high (ATH).

The analyst asserted that a bounce from this support level could propel the top meme coin toward this 2025 target of $0.0005. So far, FLOKI has held well above this crucial support level, which is undoubtedly a huge positive, especially considering the bearish sentiment in the broader crypto market.

With the FLOKI price holding comfortably above this support level, Investing Haven suggested this might be the perfect ‘buy the dip’ opportunity.

A recent coinpress report also noted how the Bitcoin SOPR was hinting at this recent market downtrend being the perfect opportunity to accumulate more coins.

A 5X Price Increase Is A Possibility

Crypto analyst CryptoElites has predicted that the FLOKI price could witness a 5x increase from its current level. That means the meme coin could rally to as high as $0.00088.

CryptoElites seemed confident that FLOKI could record such a rally, noting that the technical setup is completely positive. The $0.00088 price target is a level that Investing Haven also believes that the meme coin could reach this year.

Crypto analyst Master Kenobi also believes that a FLOKI price rally may be imminent. He noted that FLOKI may be at the stage where it could witness volatility before a significant pump.

His accompanying chart showed that a 10x price increase was possible, with the top meme coin rallying to as high as $0.0011. The analyst had previously highlighted $0.00021 and $0.00028 as two price levels to watch before FLOKI hits ATH.

The post Analyst Predicts 200% Surge For FLOKI Price But This Must Happen First appeared first on coinpress.

Bitget token (BGB) price shot up by 12% in the last 24 hours reclaiming its spot in the top twenty crypto-list despite the broader crypto market in a downtrend. Since the beginning of 2025, BGB has resumed its upward trajectory gaining nearly 20% over the past week even in this market volatility with surging trading volume showing investor confidence.

Will the Bitget Token Price Rally Continue?

The Bitget token witnessed a parabolic rally soon after Donald Trump’s election victory in early November, registering nearly 8x gains in less than two months time. However, after dropping to $5 support levels, the Bitget token price has been on an upward trajectory since the beginning of 2025.

A Closer Look Into BGB Price Chart

With today’s surge, the Bitget token has given a strong breakout above the crucial resistance of $6.72. More importantly, this breakout comes with a 101% surge in daily trading volume at $739 million which suggests that the rally will continue for some more time.

Prior to this breakout, BGB successfully surpassed a descending trendline resistance at the $6.30 level on the technical chart. Historically, such trendline breakouts have triggered significant rallies in BGB, often propelling the token to new all-time highs.

If this pattern holds, BGB could target its previous all-time high of $8.50, with another 20% gains from the current price of $7.25.

Technical Indicators In Focus

Moreover, other technical indicators for Bitget tokens like MACD (Moving Average Convergence Divergence) are showing bullish momentum as the MACD line crosses above the signal line hinting at a continued upward price action.

On the other hand, the Relative Strength Index (RSI) is currently at 75.2 suggesting strong buying momentum. Although it is approaching the overbought territory, it suggests that the buyers are still in control.

Key Factors Behind the BGB Rally

Apart from the technical breakout for the Bitget token price, there are some fundamental contributing to the BGB rally. First and foremost is the Bitget exchange securing approval from El Salvador’s Central Reserve Bank to function as a licensed Bitcoin Service Provider. It would allow it to enable fiat-to-Bitcoin exchange services as well as BTC custody offerings. Besides, Bitget Wallet also introduced AI Agent trading zone recently with the growing AI hype globally. This is also likely to contribute to its ongoing positive momentum.

Another reason that supported the rally was the 800 million BGB token burn which reduced the supply by 40%. The exchange has pledged to conduct regular quarterly burns, reducing supply and enhancing the token’s value through increased scarcity.

Furthermore, the exchange announced that it will merge the Bitget wallet token (BWB) with the BGC token thereby creating a unified token experience in the ecosystem. More recently, crypto exchange Bitget has revealed the cross-chain integration of its native token, Bitget Token (BGB), onto the Morph Chain, enhancing its utility and accessibility across the blockchain ecosystem.

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Shiba Inu (SHIB) and Dogecoin (DOGE) investors may need to exercise caution as they may face a rough ride ahead as both cryptocurrencies show signs of significant price corrections. Shiba Inu recently dropped by 10% in the past week, while Dogecoin saw a 14% drop in the same period. Whale activity and a shift in investor sentiment are factors that may cause further declines. The fading hype and lack of fundamental strength could spell trouble for these popular meme coins in the near future.

Whale Activity and Market Sentiment Impacting Shiba Inu and Dogecoin

The influence of whales on the meme coin market cannot be overstated. Shiba Inu and Dogecoin have both seen significant movements driven by whale activities, often causing price fluctuations. Recently, Dogecoin whales have been dumping $219 million of DOGE.

This sell-off has contributed to the token’s decline and may trigger a chain reaction as smaller retail investors often follow the actions of large holders. With Dogecoin’s price showing weakness, this could spell trouble for the token if the trend continues.

Similarly, Shiba Inu is also experiencing heightened volatility, with its price swinging wildly over the past week. This has raised concerns that retail investors are engaging in speculative trading, rather than making long-term investments based on solid fundamentals.

The sell-offs by whales, combined with the lack of clear market drivers, could lead to a further erosion of investor confidence in both of these tokens. As the market sentiment shifts from optimism to caution, both meme coins may face challenges sustaining their price levels, which could eventually lead to significant corrections.

The Fading Hype and Fundamental Weaknesses Meme Tokens

Shiba Inu and Dogecoin have thrived on the back of community-driven hype and speculative trading rather than real-world utility. Over the years, both tokens have built massive followings, fueled by social media buzz and endorsements from celebrities like Elon Musk. However, as the novelty of meme coins begins to fade, these assets face growing difficulties in maintaining their value.

Shiba Inu has been increasingly viewed as a speculative asset, driven more by trading activity than by any fundamental development or application. Despite efforts such as the Shib token burn mechanism, the overwhelming selling pressure has continued to weigh on SHIB’s price. Besides, the SHIB token burns also plunged recently, which has weighed on the investors’ sentiment.

Similarly, Dogecoin, while holding a strong position in the top meme coin space, has no real technological advancements to justify its market value. As the crypto market matures, investors may shift their focus to more utility-driven cryptocurrencies. This could lead to price corrections as the market begins to reassess the value of these coins.

However, despite that, some market experts remained bullish on the long-term trajectory of the coins. For context, the phenomenal gains in the assets’ prices over the years have attracted many investors towards the segment. If the momentum continues, the coins may emerge as the leading players shrugging off the bearish trends.

Price Context and Technical Indicators for SHIB and DOGE Token

Both SHIB and DOGE were showing concerning signs in their price charts. Dogecoin price was currently trading at $0.3346, up by 2.09% in the last 24 hours. Notably, the token has experienced a notable 14% drop over the past week and 20% in the last month. With a market cap of $49 billion and trading volume of $2.62 billion.

On the other hand, Shiba Inu price was trading at $0.00002167, showing a slight 2.14% increase in the last 24 hours. However, SHIB has experienced a significant 10% drop over the past week and 24% in the last month. The current market cap for Shiba Inu was $12.93 billion, with a trading volume of $490 million.

The post Why Shiba Inu And Dogecoin Meme Coins May Crash Ahead? appeared first on coinpress.

The Shiba Inu community has burned a significant number of SHIB tokens in the last 7 days. The objective is to bring down the circulating supply to create scarcity and spike SHIB prices by leveraging the concept of demand supply. It is anticipated that prices of the second-ranked meme coin in terms of market cap will rebound in the coming days.

Shiba Inu Community Burns 87 Million SHIB

In the past week, the Shiba Inu community has burned as many as 87,175,135 SHIB tokens. This translates to 87.17 million tokens in the last 7 days with an increase of 52.74% in burn rate. The X post by Shibburn has further highlighted that the burn rate is down by 90.17% in the last 24 hours. A core objective here is to control the circulating supply of the meme coin to mark upticks in the prices. SHIB’s circulating supply now stands at 589.25 trillion.

As per an early report, Shib burn rate had declined by 72% in a single day. Thereby, triggering speculation over its impact on the price.

Effect on SHIB Price

SHIB prices, so far, have reacted positively to this development by marking an uptick of 1.33% over the last 24 hours. However, SHIB price remain significantly down by 9.52% in the last 7 days and 23.63% in the last 1 month. The 24-hour trading volume has also taken a hit of 10.29% while Open Interest has gained 31.32% of value. Overall sentiments towards SHIB are bearish with an FGI of 69 points and volatility of around 10.09%.

Removing tokens from circulating supply has worked in the past and Bitcoin is a prime example of it. BTC prices are now hovering above $90,000 months after Bitcoin Halving which happened in April 2024. Therefore, the Shiba Inu community is optimistic that the prices of its SHIB holdings will eventually navigate a way for a bull run.

What’s Next for the Shiba Inu Community?

Two factors are at play for the Shiba Inu community, namely drawing speculation for future SHIB prices and experiencing the launch of the TREAT token. SHIB prices, according to Coincodex, may grow by almost 0.52% to touch the value of $0.00002216 in the next 30 days. The nearest speculation is extremely bullish with a growth of 105.39% in the picture. It is important to note that the crypto market is highly volatile and price movements could go North or South at any moment.

Finally, the launch of the TREAT token is scheduled to happen on January 14, 2025. This has been teased as a revolutionary endeavor for the Shiba Inu ecosystem across the world.

The post Shiba Inu Community Burns 87M Coins This Week, What’s Next For SHIB? appeared first on coinpress.

A crypto trader turned $458K into $4.9M in just two weeks with Swarms, an AI-powered meme coin on Solana. The investment grew nearly 10x, showcasing the rapid rise of Solana-based meme coins. Backed by SwarmShield, which offers military-grade encryption and secure communications, the AI token has gained significant attention in the crypto market. However, the swarms token dropped by 25% in the last 24 hours despite its recent surge.

Crypto Trader Makes $4.9M Profit in With Swarms Token

On January 11, Lookonchain revealed that a crypto trader turned a $458K investment into $4.9M in just two weeks by trading swarms. As per Solscan data, the trader initially bought 20 million tokens for $458K. Recently, they sold 5 million for 7,232 SOL, valued at $1.35M, while still holding 15 million tokens worth $4.02M.

Swarms powers SwarmShield, a platform providing military-grade encryption, secure communication management, and auditing for swarm-based multi-agent systems. These advanced features have driven significant interest in AI meme coins, setting them apart from other meme coins. The crypto trader’s profit highlights the growing appeal of innovative tokens combining technology with meme culture, attracting high-profile traders.

Crypto Whale Profit Reflects Growing Interest in Solana Meme Coins

The massive profit of the crypto trader highlights the growing interest in top Solana meme coins like swarms. These coins have received much attention as part of the wider boom of the Solana ecosystem. While the network grows, the increase in meme coin popularity is boosting investor sentiment and boosting Solana market trading activity.

Moreover, a crypto whale holding the AI16Z token recently started buying swarms and invested $12.8K when its market cap stood at $336M. This reflects the rising popularity of AI-powered meme coins within the Solana ecosystem. With SwarmShield’s robust capabilities and increasing market traction, this AI coin has become a standout performer, fueling interest among traders looking to capitalize on Solana’s thriving meme coin market.

A $ai16z whale just bought $12.80K of $swarms at $336.71M MC

— Whale Watch (@whalewatchalert) January 10, 2025

Solana Ecosystem and SOL Price

SOL price was trading at $186, down approximately 3% in the last 24 hours. The token’s 24-hour low and high are $183 and $193, respectively, with a market cap of $90 billion and a trading volume of $3.4 billion. The overall growth of the Solana network reflects the increasing interest in the ecosystem, including meme coins.

However, Swarms price dropped by 25% in the last 24 hours to $0.267 despite the crypto trader’s massive profit. The crypto’s market cap stood at $265 million and trading volume was $212 million. Despite this, the token has surged by 40% in the past week and 70% in the last month.

Solana meme coins are gaining traction, with exponential growth in some tokens over the past month. coinpress reported that crypto whales are making big bets on coins like WIF and POPCAT, further signaling the rise of Solana’s meme coin trend. This continued interest in meme coins within the Solana ecosystem suggests that the momentum will persist, attracting more investors and traders to the network.

The post Crypto Trader Turns $458K Into $4.9M With This Meme Coin In 2 Weeks, Here’s All appeared first on coinpress.

Crypto prices today remained steady, with Bitcoin (BTC) trading near $94K and Ethereum (ETH) holding firm after the release of U.S. jobs data. The global crypto market cap saw a slight increase of 1%, reaching $3.29 trillion, despite a 7% drop in trading volume to $144 billion. Grayscale, a leading crypto asset management firm, boosted market sentiment by revealing plans to consider 39 cryptocurrencies, including popular altcoins like Dogecoin (DOGE), BNB, Hedera (HBAR), Kaspa (KAS), and Aptos (APT).

Among major altcoins, Bitcoin SV (BSV) emerged as the top gainer, recording a 15% rise in the last 24 hours, highlighting strong performance in an otherwise stable market.

Crypto Prices Today: BTC Crosses $94K, XRP Gains Over 2%

Crypto prices today showed stability as Bitcoin (BTC) rebounded past $94K after making a low of $92K. Ripple’s XRP recorded a notable gain of over 2%, contributing to the overall market’s positive momentum. Meme coins also followed the BTC trend. Dogecoin (DOGE) and Shiba Inu (SHIB) both gained over 2% in the last 24 hours, reflecting renewed interest in the altcoin market.

Bitcoin Price Today

Bitcoin price today was trading at $94,203, up by 1% at the time of writing. The 24-hour low and high for BTC stood at $92,235 and $95,755, respectively.

As per Farside Investors data, Bitcoin ETFs recorded an outflow of $149 million. The major outflow was because BlackRock sold $183 million in ETF. Fidelity led the purchases with an investment of $16.6 million, while Grayscale added $13.5 million to its BTC ETF holdings.

Ethereum Price Today

Ethereum price today was trading at $3,234. The 24-hour low and high for ETH stood at $3,196 and $3,321, respectively.

ETH ETFs saw an outflow of $68 million, with Fidelity offloading $65 million. Fidelity has been consistently selling ETH ETFs for the last three days. Meanwhile, BlackRock’s data on ETH ETFs is still awaited, keeping investors watchful.

XRP Price Today

XRP price today was trading at $2.33, recording a 2.7% gain over the last 24 hours. The 24-hour low and high for XRP stood at $2.256 and $2.364, respectively.

According to a report by coinpress, data insights from Santiment revealed that the number of HODLers for XRP and other cryptocurrencies has grown during the early days of this new year.

Solana Price Today

Solana price was down by 1.5% in the last 24 hours, trading at $186. The 24-hour low and high for SOL stood at $183 and $192, respectively.

Top Cryptocurrency Gainer Prices Today

As per crypto prices today, here are the top 5 crypto gainers over the last 24 hours:

Bitcoin SV (BSV)

Price: $59.56
24-hour gain: +15%

IOTA (IOTA)

Price: $0.335
24-hour gain: +10%

Fantom (FTM)

Price: $0.699
24-hour gain: +8%

Algorand (ALGO)

Price: $0.364
24-hour gain: +6.5%

Bitget Token (BGB)

Price: $6.82
24-hour gain: +6%

Top Cryptocurrency Loser Prices Today

As per crypto prices today, here are the top 5 crypto losers over the last 24 hours:

ai16z (AI16Z)

Price: $1.33
24-hour loss: -13%

Virtual Protocols (VIRTUAL)

Price: $0.98
24-hour loss: -8%

SPX6900 (SPX6900)

Price: $1.10
24-hour loss: -6.87%

Hyperliquid (HYPE)

Price: $20.14
24-hour loss: -6%

Ethena (ENA)

Price: $0.8851
24-hour loss: -5.15%

Meme Crypto Prices Today

As per crypto prices today, meme coins have mirrored Bitcoin’s price movement. The top meme coin, Dogecoin (DOGE), rose by 2.3% and is currently trading at $0.3324. Shiba Inu (SHIB) also saw a 1% increase, trading at $0.0000215. Grayscale has recently considered DOGE, HBAR, and other cryptocurrencies for future investment products which shows bullish behaviour in the these altcoins.

Other notable meme coins, including PEPE, PENGU, and WIF, experienced declines of 1 to 2% in the last 24 hours.

Additionally, the hourly chart shows a slight bearish trend, with BTC down by 0.2% in the last hour. Major altcoins followed suit, showing bearish behavior. However, Bitcoin SV (BSV) stood out, gaining 1% in the past hour.

The post Crypto Prices Today: Bitcoin (BTC) and ETH Maintain Stability Following US Jobs Data appeared first on coinpress.

As the price of Bitcoin (BTC) continues to fluctuate below the $100,000 price mark, altcoins like Ethereum (ETH), Dogecoin (DOGE), Cardano (ADA), and XRP are also in the spotlight. According to data insight from Santiment, the number of HODLers for these altcoins has fluctuated thus far this new year. The crypto analytics platform hinted at the implication of the HODLer count within each protocol’s ecosystem.

The Ethereum and XRP Standout

Santiment profiled six digital currencies, including the aforementioned Bitcoin and Chainlink. While Chainlink underperformed with 3,300 drops in hodler wallets, Ethereum and XRP stood out.

The shared data showed that Ethereum had recorded a 645,000 uptick in its hodler wallets. This figure underscores its dominance as the top altcoin among retail investors. XRP followed closely with a total hodler wallet recording a 58,000 count since the start of the year.

Ranking as the only meme cryptocurrency profiled by Santiment, Dogecoin has seen a 29,000 jump in investors holding it for the long term. Cardano scored the lowest figure, with just 2,800 wallets committing to long-term growth.

As 2025 has kicked off with roller coastering prices for crypto’s top assets, the amount of hodlers have fluctuated wildly since the new year:

Bitcoin $BTC: +102K Wallets
Ethereum $ETH: +645K Wallets
XRP Ledger $XRP: +58K Wallets
Cardano $ADA: +2.8K Wallets… pic.twitter.com/W07x43GgW4

— Santiment (@santimentfeed) January 10, 2025

It is worth noting that the term ‘HODLer’ denotes token holders with plans to hold their assets in the long term.  As the data provider hinted, when the hodler count grows, investors or the community will be comfortable with the project. This can aid ecosystem stability and long-term token growth. 

The opposite is true when the hodler count drops as investors focus on Fear, Uncertainty, and Doubt (FUD).

Ecosystem Projects and Dogecoin Advantage

Despite the ongoing bull cycle, fluctuations have shown how volatile and uncertain the market is. As reported earlier by coinpress, ETH price lost 9% of its value in under 24 hours, a trend visible in other altcoins.

Amid this uncertainty, investors focus on crypto developer activity, and other utilities focus beyond price. While Ethereum developers are working on the Pectra Upgrade, Ripple Labs launched RLUSD stablecoin to boost XRP liquidity.

Input Output Global developers are also working on perfecting the Cardano community governance. In all, Dogecoin might take more of the spotlight in the altcoin market in the long term.

This is based on the Elon Musk-led Department of Government Efficiency (D.O.G.E), which might fuel DOGE popularity. These ecosystem trends might explain why more users are betting on the altcoin’s long-term prospects.

ETH and DOGE Predictions for 2025

Amid the fluctuations of the past few weeks, experts believe the altcoin season is still ahead. Galaxy Research said the DOGE price will top $1 this year in its projections. The Mike Novogratz-associated firm tied this forecast to the D.O.G.E ties around the coin.

Top experts also believe this year holds something big for Ethereum. Bitwise predicted that Ethereum would hit a new all-time high this year, and the asset manager said it is possible for Ethereum to reach $7,000 by the end of the year.

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Crypto analyst Ali Martinez has provided a bullish outlook for the Cardano price. The analyst predicted that ADA could rebound to $1 following a potential price breakout.

Cardano Price Could Rebound To $1 As Bull Pennant Appears

In an X post, Ali Martinez stated that the Cardano price could break out from a bull pennant on lower time frames, signaling a potential surge to $1. This is a price level that ADA corrected from the marketwide sell-off, which began earlier this week.

The analyst had previously revealed how Whales sold over 70 million coins between January 6 and 8, which put significant selling pressure on the ADA price. However, based on Martinez’s recent analysis, Cardano could soon witness a bullish reversal.

Crypto analyst Sebastian also predicted that a rebound may be imminent for the Cardano price. The analyst revealed a possible inverse head-and-shoulder that was forming on the hourly ADA chart.

The crypto analyst also noted that the Bitcoin price is bouncing nicely, and ADA is following. He added that the pump after this dip would be epic and that the dip would be forgotten in a week from now.

ADA Holders Are On The Rise

In an X post, on-chain analytics platform Santiment revealed that ADA holders are on the rise, which provides a bullish outlook for the Cardano price. According to the platform, the number of Cardano wallets has increased by 2,800. This represents a 0.1% increase in holders since the start of 2025.

Santiment noted that if wallets are rising fast, the community is confident in the project for the long term. A recent ADA technical analysis showed that the Cardano price boasts more bullish than bearish indicators, which explains why investors could be bullish on the coin for the long term.

However, in the short term, ADA and the broader crypto market are undoubtedly still at risk of a significant price correction, especially following the release of the nonfarm payrolls report, which reduced optimism of a Fed rate cut in the first half of this year.

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Coinbase has announced that it will suspend trading for Fantom across its two platforms. This has led to speculation that the suspension of FTM-PERP from the crypto exchange platform will lead to price dips in the times to come. It is interesting to note that the development is happening amid the CFTC scrutiny of the platform in the Polymarket investigation.

Coinbase to Suspend Fantom Trading

In a recent X post, Coinbase announced that it has decided to suspend trading for Fantom-PERP effective January 24, 2025, from around 10:30 AM UTC. Termination of FTM-PERP trade will be applicable across Coinbase International Exchange and Coinbase Advance, based on a pre-decided way to settle the final price.

Coinbase has clarified that the final settlement price will be calculated by considering the average index price 60 minutes before the suspension of trading sessions. The leading crypto exchange platform has also said that the funding rate will be set to zero before the final settlement concerning the final funding period. Then, it will automatically settle open positions, if any, at the time of suspension.

What’s Next for FTM Price?

This development has left FTM traders worried about the future price of Fantom tokens. FTM is currently being traded at $0.6953 which is up by 6.09% in the last 24 hours. However, the FTM price has plunged by 11.80% in the last 7 days and 41.62% in the last 30 days.

FTM prices seem to be recovering from the recent losses, as is evident from market cap and 24-hour trading volume. Both have soared by 6.56% and 0.35%, applicable in the same order, while FTM runs on bearish sentiments with a volatility of approximately 22.52%.

The next few days will see FTM rebrand itself to Sonic with a swapping ratio of 1:1. This transition is tentatively slated to happen on January 13, 2025, with Binance being one of the supporters. The said platform will open deposits of Sonic on January 16, 2025, along with trading pairs at around 08:00 UTC.

Coinbase’s CFTC Scrutiny

The suspension of FTM and speculation for FTM price coincide with the US CFTC issuing a subpoena to Coinbase. It is linked to the Polymarket investigation, and the US Commodity Futures Trading Commission has sought information about customers from the crypto platform. The company has sent an email to its customers mentioning that it may have to share information related to their accounts with authorities but no immediate action is required from customers’ side.

What happens next in the Polymarket investigation and CFTC’s scrutiny of Coinbase should be interesting to note. Joe Biden will soon bid adieu to the Presidential position, and Donald Trump will take over the office. Also, the current CFTC Chair Rostin Behnam is reportedly stepping down on January 20, which has also fueled investors’ optimism.

The post Coinbase Announces Removing Fantom Trading, FTM Price Dip Ahead? appeared first on coinpress.

Grayscale, crypto asset management firm, is considering 39 cryptocurrencies for future investment products. These include top altcoins Dogecoin (DOGE), BNB, Hedera (HBAR), Kaspa (KAS), Aptos (APT), and more. Traders reacted immediately to the news bringing an upside momentum in the crypto under consideration.

Grayscale Announces Crypto Under Consideration for Investment Products

Leading crypto asset manager Grayscale Investments disclosed diverse crypto assets under consideration for future investment products, according to official blog on January 9.

The company has announced top 20 crypto such as BNB, DOGE, TRX, and TON among the list of 39 crypto. Other digital assets from innovative and trending projects are KAS, APT, ARB, TIA, HBAR, MNT, SEI, S, STRK, AERO, ENA, INJ, JUP, ONDO, PENDLE, RUNE, IMX, AKT, FET, AR, EIGEN, HNT, JTO, PYTH, and WLD.

Moreover, Grayscale is also considering new assets such as Hyperliquid (HYPE), Ai16z, Virtual Protocol (VIRTUAL), FLOCK, GRASS, Hyperbolic, Prime Intellect, Sentient, Space and Time, and Story Protocol.

“Assets Under Consideration lists digital assets not currently included in a Grayscale investment product but identified by our team as possible candidates for inclusion in a future product.”

DOGE, HBAR, AI16Z and Other Crypto Prices Jump

ai16z price leads the upside momentum among the abovementioned crypto. It climbed 15% in the past 24 hours, with the price currently trading at $1.62. The 24-hour low and high are $1.28 and $1.72, respectively. Furthermore, the trading volume has increased by 21% in the last 24 hours, indicating a rise in interest among traders.

Dogecoin price has surged 5% after the announcement by Grayscale. DOGE price trades at $0.3339, recovering in support from whales. However, the trading volumes remain low amid crypto options expiry and jobs data due later today.

Meanwhile, HBAR price has jumped over 3% in the last 24 hours, with a slight profit booking seen in the last few hours. The 24-hour low and high are $0.2634 and $0.285, trading with low volume in spot exchanges. The community also expects approval of HBAR ETF by the US SEC under incoming Chairman Paul Atkins.

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With Bitcoin and the overall crypto market facing a major correction, investors question whether this is the end of the altcoins bull market. However, popular analyst Michael van de Poppe believes that the bull market is very much intact and the current phase is just the final shakeout before a mega rally ahead.

Altcoins Market Rally to Continue Per Historical Trends

Calling it a temporary shakeout in the altcoins market, popular crypto analyst Michael van de Poppe draws comparisons with the historical patterns from the past bull runs in 2017 and 2021 and the overall outperformance in that bullish cycle.

Similarly, while Bitcoin has dominated market trends in 2023 and 2024, with a meteoric rise from $17,000 in late 2022 to $93,000 today, altcoins are poised for a resurgence. Michael van de Poppe explained that recent setbacks, including fears surrounding USDT Tether, rising yields, and a strong U.S. dollar, have dampened market sentiment.

However, political and economic developments, such as President-elect Donald Trump’s pledge to lower interest rates, signal a potential shift. Trump’s policies aim to address high debt payments and a strong dollar, mirroring his approach in 2016, which subsequently boosted markets following a massive expansion of global M2 money supply.

Key Factors to Watch Ahead

In his message on the X platform, Michael van de Poppe shares some of the key macro indicators and other factors to watch ahead for big opportunities in the altcoins market. Below are the three key factors to watch for:

1. Macroeconomic Shifts: Inflation, slowing GDP, and weakening labor markets are signs of economic softness. If these trends result in lower yields and quantitative easing (QE), cryptocurrencies stand to benefit.
2. Political Influence: Trump’s potential economic policies, including reduced interest rates and a weaker dollar, could catalyze a bullish crypto cycle.
3. Altcoin Valuations: Many altcoins are at cycle lows against Bitcoin, historically a signal for future market rallies.

Altseason Index Drops Under Crucial Support

Following the recent crypto market correction, the altseason indicator has dropped under crucial support levels indicating that the market is not in an altseason. However, with the indicator dropping below the 50 mark, it presents a promising opportunity for investors to accumulate altcoins, noted Michael van de Poppe, citing Blockchain Center data.

He predicts that crypto will thrive under a crypto-friendly Trump administration, particularly as QE policies gain traction. As meetings between Trump and crypto leaders make headlines, investors are urged to remain patient. Current market conditions, while challenging, are not indicative of a bear market.

With altcoins at low valuations and Bitcoin yet to enter a euphoria phase, the crypto market is poised at the cusp of a potentially massive 4-year cycle. Also, the announcement of a US Bitcoin reserve in Q1 could be a game-changer for the overall crypto space.

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Binance, one of the largest crypto exchanges, announced the listing of aixbt by Virtuals (AIXBT), ChainGPT (CGPT), and Cookie DAO (COOKIE) in its spot market.

Following the announcement, the prices of these AI coins skyrocketed, with AIXBT surging by 40%, CGPT climbing by 70%, and COOKIE rising by 56%. These significant gains highlight strong market interest in the newly listed tokens, showcasing their impact on crypto market trends.

Binance Announces AIXBT, CGPT, and COOKIE AI Coins Listings

On January 10, Binance announcement reveals its decision to list three new tokens: Virtuals, ChainGPT, and Cookie DAO in its spot market. This move reinforces the exchange’s ongoing efforts to expand its trading offerings and provide users with access to innovative AI projects.

The new listings include six trading pairs: AIXBT/USDC, AIXBT/USDT, CGPT/USDC, CGPT/USDT, COOKIE/USDC, and COOKIE/USDT. Deposits for these tokens have already been enabled, allowing traders to prepare for active trading.

The crypto exchange said users can withdraw these AI coins from January 11. Notably, these tokens were previously available on Binance’s Alpha Market, a feature designed to support early-stage projects while helping users discover emerging cryptocurrencies.

The platform has also announced the integration of Spot Algo Orders for these tokens, which will enable traders to execute automated strategies. Within 24 hours of listing, Spot Copy Trading and trading bots will also become available, allowing users to include these pairs in their portfolios by updating their Spot Copy Trading preferences, confirmed Binance.

These listings are expected to attract substantial interest, given the tokens’ utility in sectors like AI, data indexing, and crypto market intelligence. Its commitment to fostering innovation remains evident through this latest expansion.

Trading Eligibility and Regional Restrictions

While Binance’s new listings of AIXBT, CGPT, and COOKIE have generated significant market interest, trading for these tokens is subject to regional restrictions. The top crypto exchange asserts that residents from certain countries, including Canada, the Netherlands, the United States, and restricted areas like Crimea, North Korea, and Syria, are ineligible to trade these pairs.

These restrictions are enforced due to compliance with regional regulations and exchange trading policies. Eligible users must also complete account verification to participate in trading these tokens. The platform emphasizes the importance of adhering to local laws while enabling global users to access diverse trading opportunities.

Price Surge Following Binance Announcement

The market responded positively to Binance’s announcement, with CGPT price making the biggest move, trading at $0.34 and surging 70% in the past 24 hours. Its 24-hour low and high were $0.20 and $0.36, respectively, with a market cap of $279 million and trading volume reaching $96 million.

COOKIE price rose by 56% and is currently trading at $0.7196. Its 24-hour low and high were $0.439 and $0.765, with a market cap of $214 million and $78 million in trading volume.

AIXBT price gained 40%, trading at $0.5773. Its market cap reached $494 million, and its 24-hour trading volume was $141 million, with a low of $0.384 and a high of $0.593.

Binance is actively adding new pairs and tokens to expand its database, enabling more users to trade and invest. Recently, Binance also expanded support for Phala Network (PHA), Steem (STEEM), and Usual (USUAL), solidifying its commitment to providing diverse trading opportunities.

The post Binance Listing AIXBT, CGPT, COOKIE AI Coins Sparks Buzz; Prices Soar Over 50% appeared first on coinpress.

A massive 19,000 Bitcoin (BTC) options are set to expire before the release of US Nonfarm Payrolls (NFP) data release today. The BTC price is showing some volatility taking a dive to $91,380 levels earlier today before recovering back above $94,000. A drop in Bitcoin funding rate and exchange volume hints at volatility in the short-term. In addition, a massive 141,000 ETH options will also expire today.

19000 BTC Options Expiry Amid Bitcoin Price Drop

A total of 19,000 Bitcoin options expired this week with a notional value of $1.81 billion. The BTC options expiry has a put-call ratio of 0.65, a maximum pain point of $97,000, hinting that the bullish bias continues despite the price decline, per the data from Deribit exchange.

The expiration occurred against the backdrop of a sharp pullback in the broader market, driven by weakness in U.S. equities and unfavorable macroeconomic conditions. Bitcoin price briefly dipped below $91,000, marking its lowest level in nearly a month. This decline comes along with a sharp surge in short-term implied volatility (IV) for BTC options, thereby hinting at market panic and uncertainty.

The crypto market is bracing for some macro headwinds such as Nonfarm Payrolls (NFP) data on Friday, US CPI data release on Jan 15, and the FOMC meeting later this month. Some Wall Street analysts are optimistic about Bitcoin price recovery along with a surge in the global M2 money supply.

Bitcoin Short-Term Prediction After BTC Options Expiry

Along with BTC options data, Bitcoin short-term indicators flash concerns showing weakness for the world’s largest crypto asset class. A key metric, Hot Capital—representing capital revived over the past seven days—has plummeted 66.7%, dropping from its December 12 peak of $96.2 billion to $32.0 billion.

Similarly, the 30-day average of Bitcoin exchange volume has now dropped to the 365-day average showing a sharp drop in capital flows since the all-time high of $108K in December. The 7-day moving average of the mean funding rate, along with rates from the top three perpetual markets, remains below the neutral threshold of 0.01%.

This reflects a persistent lack of demand from aggressive buyers, even after the brief rally to $102,000. As of press time, BTC price is trading 1.28% up at $94,517 levels with a market cap of $1.87 trillion.

141,000 ETH Options Expiring Today

A total of 141,000 Ethereum (ETH) options expired today, carrying a notional value of $460 million. The contracts closed with a Put/Call ratio of 0.48, signaling a bullish skew in market sentiment. The Max Pain point for the expiration was recorded at $3,450, highlighting a key price level for traders and market makers.

Along with Bitcoin, the Ethereum price faced strong selling pressure and is trying to establish support at $3,300. According to the recent analysis from Glassnode, Ethereum (ETH) futures open interest (OI) is following a pattern similar to Bitcoin (BTC).

The mid-term trendline for ETH futures OI peaked in mid-December before experiencing a decline. However, the short-term trendline has since rebounded, indicating that traders are reopening positions after an initial reduction. Additionally, the Ethereum whale buying can provide further support to the upside.

US Nonfarm Payrolls Data Release Today

On Friday, the Bureau of Labor Statistics (BLS) will publish the much-awaited US Nonfarm Payrolls (NFP) data for December 2024. This jobs report will be critical in deciding the next direction of US Dollar giving some insights into future rate cuts by the Fed.

Economists predict the December Nonfarm Payrolls report to reveal an addition of 160,000 jobs to the U.S. economy. Furthermore, the unemployment rate is likely to stay at 4.2%. Amid stick inflation, the Fed has already hinted that they would move slowly with interest rate cuts this year. While reviewing the December employment situation, analysts at TD Securities said:

“We expect payroll growth to cool down closer to trend in December following the October-November gyrations that were triggered by one-off shocks. The UE rate likely stabilized at 4.2% despite our expectation for a meaningful rebound in the household survey’s employment series. Separately, we look for wage growth to mean-revert to 0.1% m/m following a string of hot monthly prints”.

Also, the dollar index (DXY) remained above the 109 level while US 10-year Treasury yields hovered around 4.7%, reflecting the Federal Reserve’s hawkish shift.

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Cryptocurrency prices today reflect a bearish trend as Bitcoin (BTC) hit a low of $92,000, while major altcoins like Ethereum (ETH) and XRP saw declines of around 2.51% and 3%, respectively. The global crypto market cap dropped by 1.68% to $3.25 trillion, with trading volumes falling 11% to $155 billion. These declines come as markets anticipate U.S. jobs data, which could impact interest rate expectations and crypto valuations. The Fear and Greed Index remains at 43, indicating neutral market sentiment amid ongoing volatility.

Crypto Prices Today: BTC, ETH, XRP, and SOL Struggle to Hold Key Levels

Bitcoin (BTC) dropped to $92,000, continuing its bearish trend, while Ethereum (ETH) fell by 2.51%. XRP declined by 3%, and Solana (SOL) recorded losses amid overall market weakness. Meanwhile, CleanSpark announced that it has mined over 10,000 BTC in its treasury, showcasing resilience despite market volatility.

Bitcoin Price Today

Bitcoin (BTC) price was trading at $93,433 after hitting a low of $91,231 earlier in the day. The leading cryptocurrency was down by 1% at the time of writing. Its market cap has once again fallen below the $2 trillion mark, now standing at $1.85 trillion. As per Coinglass data, in the last 12 hours, Bitcoin saw a liquidation of $43 million, with $33 million from long positions and $9 million from short positions.

Ethereum Price Today

Ethereum (ETH) was trading at $3,245, down 2.55% in the past 24 hours. Its 24-hour low was $3,159, while the high touched $3,341. Crypto prices today remained bearish, but a coinpress analyst suggested ETH could potentially hit its all-time high, as Fidelity deposited 103 million ETH into Coinbase, sparking fresh market interest.

XRP Price Today

XRP was trading at $2.28, reflecting a 3% drop in the last 24 hours. Its 24-hour low stood at $2.23, while the high reached $2.36. In other news, on-chain data revealed that Ripple Labs transferred 300 million XRP to an anonymous wallet, sparking concerns of a potential sell-off in the market.

Solana Price Today

Solana (SOL) was trading at $188, down by approximately 4% in the last 24 hours. Its 24-hour low was $182, while the high reached $195. The coin is facing some downward pressure, continuing the bearish trend in the broader market.

Top Cryptocurrency Gainer Prices Today

As per crypto prices today, here are the top 5 crypto gainers over the last 24 hours:

Kaia (KAIA)

Price: $0.21
24-hour gain: +3%

Litecoin (LTC)

Price: $103.93
24-hour gain: +2.15%

BitTorrent (BTT)

Price: $0.000001161
24-hour gain: +2.06%

Movement (MOVE)

Price: $0.88
24-hour gain: +2%

KuCoin Token (KCS)

Price: $10.60
24-hour gain: +1.67%

Top Cryptocurrency Loser Prices Today

As per crypto prices today, here are the top 5 crypto losers over the last 24 hours:

THORChain (RUNE)

Price: $3.27
24-hour loss: -17%

SPX6900 (SPX)

Price: $1.17
24-hour loss: -10%

Bittensor (TAO)

Price: $430.80
24-hour loss: -7.15%

Dogwifhat (WIF)

Price: $1.57
24-hour loss: -6.84%

Virtual Protocols (VIRTUAL)

Price: $3.21
24-hour loss: -6%

Meme Crypto Prices Today

Meme crypto has shown a mixed reaction as Bitcoin touched the $92K mark. Dogecoin (DOGE) was down by approximately 4%, trading at $0.326, while Shiba Inu (SHIB) was trading at the same price as yesterday, with a slight gain, now at $0.00002129.

Other top meme coins such as PEPE, PENGU, and BONK are down by approximately 4% in the last 24 hours.

U.S. Non-farm Payrolls Report: Key Market Trigger for Crypto Prices Today

The market now braces for the U.S. Non-farm Payrolls report, expected to highlight December’s job growth figures. Crypto analysts DegenDePraga predict a payroll increase between 100,000 and 125,000 jobs, which could signal that the Federal Reserve might hold interest rates steady. However, figures outside this range could trigger market volatility.

Same as the 3-day retrace on $BTC from 102k to 91k wasn’t the start of a bearmarket, this relief to 94k is not a bullish rebound.

Wait for the NFP job data at 8.30am NY time.

How to read Non-Farm Payrollls the data:

– 100-125k = very gud
– 50k-200k (outside of 100-125k) =…

— DegenDePraga (@thy_crypto) January 10, 2025

Analyst cautioned traders, saying, “whatever the number, there will be volatility first as trading bots get triggered sweeping liquidity (potentially both ways). Wait for the dust to settle. If we get 100-125k or close to that number, we may go up straight away short-term.”

On a more positive note, the hourly chart suggests some recovery, as Bitcoin and major altcoins are in the green in the last hour. AI16Z has been the top performer, up by 2% in the past hour.

The post Crypto Prices Today: Bitcoin & Major Altcoins Dip as Key Jobs Data Looms appeared first on coinpress.

Crypto analyst CasiTrades has provided an update on her XRP price prediction, revealing the next crucial targets for the crypto. Other crypto analysts have also given potential price targets for XRP.

XRP Price Prediction: Targets To Watch Out For

In an X post, CasiTrades revealed $2.18 and $2.28 as the next crucial targets while providing an update on her XRP price prediction. this came as she noted that the plan was still unfolding just as expected.

Following the strong reaction at the midpoint at $2.30, CasiTrades remarked that XRP has now officially broken that level and heading towards $2.18 to complete subwave 3 of the E wave.

If the XRP eventually drops to $2.18, CasiTrades stated that she would be watching for a bounce back up for subwave 4 at $2.28, followed by the final move down to the bottom trendline.

Meanwhile, a recent coinpress market analyst provided three reasons why the XRP price could witness a bullish reversal amid the DOJ’s potential $6.5 billion BTC sale.

One of these reasons is the fact that the bullish momentum remains strong. Major Banks like Japan’s SBI and Bank of America are also adopting XRP. Thirdly, a bull flag hints at an XRP rally to $15.

Price Correction Is Almost Over

While discussing his XRP price prediction, crypto analyst Dark Defender suggested that price correction is almost over. According to him, XRP is closer to finalizing the correction on smaller time frames, such as the 4-hour and daily charts.

The crypto analyst also remarked that XRP is moving similarly to the 2017 monthly pattern. While considering the RSI and multiple other indicators, Dark Defender added that XRP’s run has not yet been finalized and is still bullish regarding the weekly and monthly time frames.

Two Entries For XRP

Crypto analyst Ali Martinez stated that XRP offers two potential entries for market participants. He remarked that the first is the rising trendline of the pennant at $2.05. The second is the breakout outside of the pennant at $2.50.

Martinez added that regardless of the entry, the target for the coin remains $10. Amid these XRP price predictions, crypto analyst Mikybull Crypto has predicted a breakout to $3, which could pave the way to a new all-time high (ATH) for XRP.

The post XRP Price Prediction: Analyst Reveals The Next Crucial Targets For XRP appeared first on coinpress.

In a recent development, Binance has expanded its support for Phala Network (PHA), Steem (STEEM), and Usual (USUAL). Although this development provides a bullish outlook for these coins, they have experienced significant price drops due to the current bearish sentiment in the broader crypto market. Notably, these declines come amid Bitcoin dipping below the $92K mark. Phala Network (PHA) has seen a 13% drop in the last 24 hours, while Steem and Usual also experienced significant declines. While Binance’s move may bring enhanced liquidity and user engagement, the broader market conditions could still impact these coins’ potential to rally.

Binance Unveils New Trading Pairs for PHA, STEEM, USUAL, and PLN

On January 9, Binance’s announcement revealed new trading pairs for Phala Network, Steem, Usual, and Polish Zloty. The new pairs, PHA/USDC, STEEM/USDC, USUAL/USDC, and PLN/USDC, will be available for trading starting January 10 at 08:00 (UTC). This move further expands its trading options, catering to a wider range of users.

The announcement also confirmed the introduction of trading bot services for these pairs. Notably, PLN represents the Polish Zloty, a fiat currency, not a digital asset. These trading bots will enhance user experience by enabling advanced trading strategies across Binance Spot.

However, users in certain restricted regions, including the United States, Canada, and North Korea, will not be able to trade these pairs due to regulatory constraints. The leading crypto exchange, Binance, continues to prioritize compliance with international regulations to maintain a secure trading environment globally.

Phala Network Expands Its Reach with Ethereum Layer 2 Solution

Phala Network (PHA), a prominent player in Polkadot’s ecosystem, has launched a Layer 2 network on Ethereum. Developed in collaboration with Succinct Labs and Conduit, this rollup leverages OP Succinct technology, combining optimistic and zero-knowledge proofs. This transition allows PHA to connect with Ethereum’s robust user base while offering cryptographic computing solutions.

The project introduces Trusted Execution Environment (TEE) technology for secure, private smart contracts. With this, Phala Network aims to expand its AI capabilities, enhancing privacy and reliability for decentralized applications. Notably, the recent listings of Phala’s perpetual contract on Binance triggered a 300% price surge, showcasing growing interest in the project’s innovative solutions.

What’s Next For PHA, STEEM, And USUAL Coins

Phala Network’s (PHA) price saw a 13% drop in the last 24 hours, trading at $0.2970. The token recorded a 24-hour low of $0.296 and a high of $0.365. With a market cap of $237 million and a trading volume of $152 million, PHA remains up 82% over the last month and 170% in the last quarter.

STEEM price traded at $0.3028, with a 24-hour range of $0.28–$0.36. The coin was up 26% this month and 70% over the last quarter. It has a $146 million market cap and $613 million in trading volume.

However, USUAL price declined by 11%, trading at $0.65. It had a 24-hour low of $0.64 and a high of $0.75. The coin’s market cap stands at $341 million, with a $166 million trading volume, though it is down 36% in the past week.

Binance previously delisted trading pairs for Axelar (AXL), Coin98 (C98), and Enjin (ENJ) led to price declines for these tokens, as delisting reduces liquidity and market access. However, Binance’s listing of new pairs for tokens like PHA, STEEM, and USUAL could have the opposite effect. Listings on major exchanges generally improve token visibility, liquidity, and investor confidence, potentially resulting in price rallies. In other words, these tokens are expected to witness recovery ahead, given the exchange’s strong dominance in the market.

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A Pepe Coin whale has dumped a significant amount of their holdings in the market at a massive loss, leaving others curious about what would happen in the future if they continue to sell their PEPE holdings. The large trader still holds a significant amount of tokens in their portfolio which have already fetched losses to them. Concerns around selling pressure are simultaneously visible for BTC now that the US Government has sold a large portion of seized BTC in the market.

PEPE Coin Whale Transaction

In a recent transaction reported by Lookonchain, a PEPE coin whale dumped 85 billion of their holdings for an approximate value of $1.51 million. This transaction has fetched them losses which is built on top of losses worth $1.74 million that they have on their remaining PEPE holdings of 180.8 billion worth around $3.2 million.

Considering his still robust holdings, the market watchers are keeping close track if the whale moves with his selloff plan ahead. However, many claimed that this is less likely as the whale would want to avoid further losses on PEPE holdings.

Meanwhile, another transaction where a whale was seen acting on their PEPE Coin holding happened earlier this week. The whale deposit of 427 billion tokens was reported at a value of almost $8.5 million. That deposit was made into Kraken, leaving the whale with a total PEPE coin holding of 1 trillion with an approximate value of $18.4 million.

However, the holdings, at that time, were reportedly at a profit of $2 million and were done by the same whale who had made $11.7 million on the token before.

PEPE Coin Price

PEPE Coin price today traded at $0.00001766 which is down by 3.10% in the last 24 hours and 13.87% in the last 7 days. There is also a dip in its Open Interest by 4.52% when there is an obvious struggle for the market cap and the 24-hour trading volume which are down by 3.12% and 21.98%, respectively. It is believed that the PEPE price is significantly down because it lost momentum which was based on the support level of $0.00002062, and the prices have been free-falling since then.

The volatility of PEPE is slightly on the higher side, hovering around 11.79% with bearish sentiments despite the Fear & Greed Index showing greedy sentiments with 69 points. Chances are that the token will continue to experience downfalls considering the BTC is simultaneously speculated to reach $90,000 in the times to come.

Concerns Around Bitcoin (BTC)

The US Government has sold seized Bitcoin tokens which were worth approximately $6.7 billion, creating speculation if prices will drop any further. Nayib Bukele and Robert Kiyosaki believe that any more decline in the BTC price will make up for a great situation to buy the token at a discounted price since it is poised to surge in the future.

In other words, experts remained optimistic on the market despite the recent selloff. For context, El Salvador President Nayib Bukele sees the recent BTC dip as a chance to buy the flagship cryptocurrency at a discounted price.

Overall, there is a chance that the crypto market will remain volatile at least till the time the Trump Administration does not start drafting crypto-friendly regulations after the US Presidential inauguration session. A hint of the same has started surfacing with the President-elect hosting figures from the crypto market, or appointing pro-crypto figures to his administration. Having said that, it appears that Pepe Coin, alongside other meme coins, might witness a strong recovery ahead despite the selloff concerns.

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Eliza Labs and IoTeX have today announced a pioneering collaboration to incorporate Decentralized Physical Infrastructure Networks (DePIN) into ElizaOS. The goal of this collaboration is to create sentient AI agents capable of real-world perception and interaction. Their first joint project, Bino AI (SENTAI), is designed to change autonomous AI by embedding real-time sensory data and actuation capabilities, opening the way for applications in robotics, smart cities, and beyond.

Eliza Labs and IoTeX Join Forces for Sentient AI Revolution

On Jan 9, IoTeX released a blog that it has partnered with Eliza Labs to advance the development of sentient AI by integrating decentralized physical infrastructure into ElizaOS. The integration utilizes the IOTX multi-modular design of the DePIN (Decentralized Physical Infrastructure Networks) framework and allows the identification of real-time information from weather, geospatial, and hardware sensors networks (Nubila, GeodNet, Pebble Tracker).

The partnership between Eliza Labs and IoTeX focuses on the design of sentient AI agents who can perceive, reason, and behave in the real world. Combining the DePIN infrastructure of IoTeX with ElizaOS makes it possible for these agents to analyze real-time data and autonomously control physical apparatuses.

Sentient AI and DePIN: A Game-Changing Partnership

The Eliza Labs and IoTeX collaboration culminates in the creation of sentient AI agents capable of sensing, thinking, and acting in the real world. Combining IoTeX’s DePIN infrastructure with ElizaOS allows these agents to process real-time data and control physical devices autonomously.

Major areas include the development of DePIN plugins that enable ElizaOS-powered agents to access data from decentralized networks. These are the tools that equip adaptive intelligence agents with behavior in a wide array of industries, including smart cities and robotics.

when your devices stack rewards across multiple chains while you sleep, that's not just gains – that's peak financial evolution

IoTeX making moves to connect everything everywhere all at once, and y'all still sleeping on the future

— Bino AI (@Bino_AI) January 9, 2025

SENTAI is the first DePIN-aware AI agent that exemplifies this collaboration. It operates with real-world sensory data and IOTX decentralized infrastructure to function simultaneously in the digital and physical realms. It meets the conditions for a new era of sentient AI by introducing contextual awareness and a predictive decision process. Besides, AI Agents have emerged as one of the top trends in the market amid technological advancements globally.

Following the announcement, the prices of IOTX and AI16Z tokens experienced notable movements. For context, Eliza Labs is the developer of the AI16Z Coins.

Price Context for IOTX And AI16Z Coins

IOTX Price: The token was trading at $0.036, dropping 2% in the last 24 hours. Its 24-hour high was $0.039 and a low of $0.036. Its market cap at the time of writing was $349 million, with a trading volume of $19 million.

AI16Z Price: Trading at $1.412, the AI16Z token has dropped 31% in the last 24 hours. Its 24-hour range was $1.399–$1.854. coinpress recently reported concerns about AI16Z potentially crashing to $1 due to heightened market volatility.

Additionally, SentAI was listed today on KCEX and LBank exchanges. This marks a significant milestone, paving the way for wider adoption of decentralized AI tools.

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The crypto market today remains in bearish territory as Bitcoin slipped below $95K, with major altcoins following suit and several tokens trading in the red. THORChain (RUNE) and Injective (INJ) were among the worst performers, both dropping 11% from their daily highs. The global crypto market cap declined by around 2%, settling at $3.33 trillion, though trading volume saw a slight 4% increase over the past 24 hours, reaching $168 billion. Let’s dive into the latest prices of the top cryptocurrencies by market cap.

Crypto Market Today: BTC, ETH, SOL Drop in Bearish Trend

The crypto market today saw a continued bearish trend, with Bitcoin (BTC) down 3%, Ethereum (ETH) falling 2%, and Solana (SOL) dropping 2.5%. Despite the downturn, a positive sign emerged as Bitcoin whales began accumulating BTC once again.

Bitcoin Market Today: BTC Drops 3%, ETF Outflows Continue

Bitcoin price was trading at $94,390, reflecting a 3% drop in the last 24 hours. The 24-hour low and high for BTC stood at $92,559 and $96,666, respectively.

As per SoSo Value data, BTC ETFs witnessed an outflow of $582 million. Fidelity led the sell-off, offloading $258 million worth of Bitcoin. Ark and 21Shares also sold $148 million in Bitcoin, while BlackRock sold $124 million.

Ethereum Market Today: ETH Price Down 1.5%, ETF Outflows Surge

Ethereum price was down by 1.5%, currently trading at $3,325. The 24-hour low and high for ETH were recorded at $3,210 and $3,387, respectively.

ETH ETFs saw an outflow of $159 million in the past 24 hours, with Fidelity contributing $147 million to the sell-off. The ongoing bearish sentiment continues to impact the crypto market today, reflecting declining prices and significant fund outflows from major institutions.

XRP Market Today: Only Gainer Among Top 10 Coins

XRP price stood out as the only coin in the top 10 to register a gain, rising by 0.40% in the last 24 hours. It was trading at $2.351, with a 24-hour low of $2.214 and a high of $2.396. Additionally, Ripple’s stablecoin RLUSD has been listed on the Bitstamp exchange, adding more utility to the XRP ecosystem.

Solana Market Today: SOL Price Drops 2%

Solana (SOL) price was down by approximately 2%, currently trading at $195.45. Its 24-hour low and high were recorded at $189 and $199, respectively.

Crypto Market Gainers Today

XDC Network

XDC price was up by 7%, now trading at $0.0973. Its 24-hour low and high were $0.087 and $0.0975, respectively. With a market cap of $1.45 billion and a trading volume of $59.35 million, XDC stands out amidst the crypto market today’s overall downturn.

Monero

XMR has been the 2nd top gainer for today, with its price trading at $196, reflecting a 4% increase. Its 24-hour low and high were recorded at $183 and $201, respectively. With a market cap of $3.61 billion and a trading volume of $86.49 million.

Hyperliquid (HYPE), GateToken (GT), and NEO token have also shown gains in the crypto market today, with each token up by 2% to 4% in the last 24 hours. Despite the broader market’s bearish trend, these tokens have managed to perform well.

Crypto Market Losers Today

THORChain

RUNE price was down by 11%, currently trading at $3.94. Its 24-hour low and high were recorded at $3.86 and $4.35, respectively, reflecting a significant decline in the crypto market today.

Injective

INJ price was down by 11% in the last 24 hours, trading at $21.60, with a 24-hour low of $20.54 and a high of $23.88. Despite the downward trend in the market, INJ price has been up by 11% in the last quarter and saw a 13% increase in the past week after the community passed a major governance proposal, amid growing market interest in AI coins.

WIF, MOVE, AIOZ, and SPX have also faced a decline of 7% to 9% in the last 24 hours. This adds to the overall bearish sentiment in the market.

Besides this, the hourly chart also shows a bearish sentiment in the crypto market, with Bitcoin down by 0.13% in the last 24 hours. Fartcoin dropped by 4% in the last hour, and major altcoins are also in the red, reflecting continued selling pressure across the market.

The post Crypto Prices Drop Jan 9: Bitcoin, ETH, RUNE & INJ Hit Hard appeared first on coinpress.

The world’s largest crypto exchange Binance on Wednesday said it plans to delist some spot and margin trading pairs. The delisting to impact crypto such as Axelar (AXL), Coin98 (C98), Enjin Coin (ENJ), Bella Protocol (BEL), NULS, Lisk (LSK), Litentry (LIT), and SafePal (SFP). As a result, the price of some abovementioned crypto drops in response.

Binance Delisting AXL, C98, and ENJ Coin Spot Trading Pairs

On January 8, Binance revealed the plan to remove and cease support some spot trading pairs for Axelar, Coin98, and Enjin Coin. The delisting will take effect at 03:00 UTC on January 10.

This move followed Binance’s periodic review of market liquidity and trading volume. The exchange cited poor liquidity and low trading volume as the main reasons for delisting these pairs.

Even though the affected tokens can still be used for trading alongside other assets on the platform, the decision to remove these trading pairs has raised concerns among traders and investors. The delisting of pairs like AXL/FDUSD, C98/BTC, and ENJ/ETH signifies a shift in market dynamics, prompting users to adjust their positions accordingly.

Investors To See Liquidity Issues?

Furthermore, the removal of trading pairs from Binance can result in reduced liquidity, which can increase the volatility of the affected tokens, especially amid crypto market crash. The exchange also declared that it would terminate Spot Trading Bot services for the affected pairs.

Users who have set up automated trading bots for these pairs are advised to cancel or adjust them to avoid potential losses. This warning highlights the broader implications of delisting for traders who rely on automated strategies. The delisting news triggered a sharp decline in the price of the affected tokens, contributing to the ongoing market volatility.

Binance to Remove BEL, NULS, LSK, SFP, and LIT Margin Pairs

Binance Margin announced the delisting of several cross and isolated margin trading pairs. These include Bella Protocol (BEL), NULS, Lisk (LSK), Litentry (LIT), and SafePal (SFP) in BTC pairs.

The delisting process starts with restrictions on asset transfers into Isolated Margin accounts. Isolated margin borrowing will be suspended on January 9. Binance advised users to close their positions or transfer assets to Spot Accounts before January 16. On this date, all affected positions will be settled automatically, and pending orders will be canceled.

Cross-margin pairs such as LIT/BTC, NULS/BTC, and SFP/BTC will be delisted alongside isolated margin pairs, including BEL/BTC, LIT/BTC, LSK/BTC, NULS/BTC, and SFP/BTC. One of the top crypto exchanges emphasized that users would no longer be able to update their positions during the delisting process, and failure to act in time could result in potential losses.

Despite these changes, the affected tokens will remain tradable in other pairs. This strategic move follows the exchange’s commitment to maintaining high-quality trading markets and optimize the user experience.

Price Impact Following Delisting Announcement

Axelar’s AXL price was trading at $0.65 and fell by 12% in the last 24 hours. It was trading between a low of $0.64 and a high of $0.74. The current market cap of AXL is $583 million, with a trading volume of $15.85 million.

Coin98’s C98 token price declined by 15% from its peak level of $0.1884. It was trading at $0.16, with a market cap of $142 million and a 24-hour trading volume of $29 million.

Enjin Coin’s ENJ price was trading at $0.21, dropping 14% in the last 24 hours. It had a 24-hour trading range of $0.2098 to $0.2495. The ENJ token’s market cap stood at $381 million, with a trading volume of $32 million.

Other affected tokens included Litentry (LIT), Bella Protocol (BEL), and NULS, each experiencing a 13% dip. Lisk (LSK) saw a 10% decline, while SafePal (SFP) recorded a 5% decrease.

In addition, Binance suspended Troy token BSC deposits due to security concerns. This announcement caused Troy’s price to plummet by 40%, adding to the bearish sentiment across the market.

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