Crypto Update: XLM Drops 6.6%
$XLM declines 6.6% as @CoinDesk 20 Index trades at 3254.32, down 1.8%; $SOL (+2.5%) and $APT (+0.8%) lead, $LINK falls 6.2%. #Update #Crypto @CoinDesk → 0
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$XLM declines 6.6% as @CoinDesk 20 Index trades at 3254.32, down 1.8%; $SOL (+2.5%) and $APT (+0.8%) lead, $LINK falls 6.2%. #Update #Crypto @CoinDesk → 0
AI agents like @ai16z, @AiXBT, and @Virtuals are reshaping Crypto Twitter by launching tokens and interacting autonomously, with @Virtuals’ G.A.M.E holding $32M in assets. #Update #Crypto @ai16z ↗ +4
MicroStrategy’s stock fell over 30% post-Nasdaq-100 inclusion, trading above $300, despite a 400% YTD rise and significant Bitcoin holdings, highlighting market volatility and strategic shifts. #Update #Crypto @MicroStrategy ↘ -3
@MicroStrategy acquired 2,138 $BTC for $209M, increasing their total to 446,400 BTC, funded by share sales with $6.88B remaining. #Breaking #Crypto @saylor ↗ (+8)
@HyperFND launched native staking for $HYPE, which surged to $27.89, now with a $9.2B market cap, surpassing BCH, PEPE, LTC. #Update #Crypto @HyperFND ↗ +7
Bitcoin ($BTC) may hit $185K in 2025 as institutional, corporate, and nation-state adoption grows, predicts @GalaxyResearch; $ETH could surpass $5,500 in 12 months. #Crypto @GalaxyResearch ↗ +7
@AvalonLabs raised $10M in Series A led by Framework Ventures to expand its BTC-backed stablecoin USDa ecosystem, aiming to enhance BTC’s utility beyond a store of value; USDa reached $700M TVL this month. #Update #Crypto @AvalonLabs ↗ (+4)
The CoinDesk 20 Index fell 2.9% to 3319.53 with $APT dropping 14.8% while $LTC and $UNI rose 2.5% and 2.2% respectively, reflecting mixed performance among assets. #Update #Crypto @CoinDesk ↘ (-3)
Investment advisers are set to overtake hedge funds as the largest holders of U.S.-listed spot $BTC ETFs in 2025, driven by growing client demand and deeper understanding of digital assets, says @CFBenchmarks. #ETF @CFBenchmarks ↗ (+7)
@FlipsideCrypto reveals that @Solana’s user engagement quality declined in 2024 despite high transaction volumes, while @Axelar attracted diverse, sustained activity, and @Ethereum’s mainnet activity may consolidate around core features in 2025. #Update #Crypto @FlipsideCrypto → (0)
President-elect Donald Trump appoints pro-crypto advocates Stephen Miran, Bo Hines, and David Sacks to key positions, signaling a shift towards integrating blockchain and AI into U.S. policy. #Breaking #Crypto @CoinDesk ↗ (+8)
A record $14B Bitcoin options expiry on @Deribit looms, with 146,000 $BTC contracts set to expire, representing 44% of total open interest, amid market volatility and directional uncertainty. #Update #Crypto @Deribit ↘ (-3)
The Russian government imposed a six-year ban on crypto mining in 10 regions, including Dagestan and Chechnya, due to high power consumption, effective Jan. 1, 2025, to March 15, 2031, Tass reported. #Breaking #Legal @TassAgencyEn ↘ (-6)
@Solana’s $SOL is offering a second chance for breakout traders as it rebounds to $193, following a bullish throwback pattern, indicating potential upward momentum. #Update #Crypto @Solana ↗ (+3)