2025 will be the year of AI agents, Web3 execs say

December 21, 2024 Coin Telegraph

agentic ai

By 2025, more than 1 million AI agents could populate Web3, with staking and trading as likely early use cases, industry execs told Cointelegraph.

Artificial intelligence agents will transform Web3 in 2025, with cryptocurrency staking and onchain trading emerging as early use cases, industry executives told Cointelegraph.

Agentic AIs — machines pursuing complex goals autonomously — are already reshaping the digital economy, building Web3 applications, launching tokens and interacting with humans autonomously.

In 2025, “AI agents are expected to take on a more prominent role within decentralized communities,” J.D. Seraphine, a Web3 AI developer at Raiinmaker, told Cointelegraph.

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Ethereum DApp volumes gain 38% in a month — Will ETH price follow?

November 19, 2024 Coin Telegraph

bnb

Everything but ETH seems to be rallying, even though Ethereum’s DApp volumes are surging. What gives?

Ether (ETH) price has struggled to maintain levels above $3,200 between Sept. 13 and Sept. 19. However, onchain metrics have improved, particularly when compared to some of Ethereum’s direct competitors. Traders are now questioning how long it will take for Ether to resume its bull run, given its dominance in fees and network deposits.

Blockchains ranked by 30-day DApps volumes, USD. Source: DappRadar

No blockchain comes close to Ethereum's $149.9 billion in onchain volumes over the past 30 days. The second-largest competitor, BNB Chain (BNB), reached only $26.6 billion, 82% smaller despite offering much lower transaction fees. More importantly, Ethereum’s activity grew by 37.7% over the past month, while BNB Chain saw a 6% decline in volume.

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Solana rally follows Bitcoin price as SOL data points to traders’ $200 target

November 5, 2024 Coin Telegraph

Bitcoin

Solana gains alongside Bitcoin’s US election-related rally, and data hints that SOL price could hit $200.

Solana’s native token SOL (SOL) opened the day with a 5.3% gain to trade slightly above $167. The move accompanied Bitcoin’s (BTC) US election day rally to $70,550, and for many traders, the desired target for SOL rests closer to $200.

Currently, onchain data and derivatives market metrics suggest that SOL’s rally could continue in the short-term.

Solana continues to lead in decentralized exchange (DEX) volumes, a clear indicator of user activity and transaction fees, both of which are crucial for fostering sustainable growth and encouraging further project and trader adoption.

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Buterin pitches solutions to Ethereum’s staking, block production issues

October 21, 2024 Coin Telegraph

51% attack

Buterin recommended capping the amount of Ether a user can stake and limiting staking penalties to 12.5% of staked Ether.

Ethereum co-creator Vitalik Buterin pitched several solutions to help Ethereum minimize block production and staking centralization through the “Scourge” phase of Ethereum’s technical roadmap.

In an Oct. 20 post, Buterin expressed concern that economies of scale within staking have resulted in small staking pools leaving for larger pools, while two entities built 88% of Ethereum blocks over the first two weeks of this month.

Buterin stressed that staking centralization poses “one of the biggest risks” to Ethereum and could lead to a higher risk of transaction censorship and “other crises.” He said:

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Ethereum price shows strength, but a 23% drop in DApps activity raises concern

October 15, 2024 Coin Telegraph

Balancer

Declining DApp activity and lackluster demand for the ETH ETFs could limit Ethereum’s recent price rally.

Ether (ETH) price surged 9.4% between Oct. 10 and Oct. 15, reaching its highest level in two weeks at $2,687. However, despite these recent gains, Ether remains down 25% over the past three months, reflecting investor disappointment with the recently launched spot Ether exchange-traded funds (ETFs) and the overall lack of demand for ETH, despite Ethereum's focus on prioritizing layer-2 scaling solutions.

In the past 7 days, the Ethereum network saw a 23% decline in onchain decentralized applications (DApp) volumes and this downturn has sparked speculation that Ether's price could follow suit.

While various factors have negatively affected Ether’s price since mid-July, it is particularly striking that the overall cryptocurrency market capitalization remained relatively flat over the same three-month period.

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Solv Protocol Raises $25M in Total Funding to Drive Bitcoin Staking Adoption, Potentially Unlocking $330B in Value

October 15, 2024 Bitcoin.com

Solv Protocol Raises M in Total Funding to Drive Bitcoin Staking Adoption, Potentially Unlocking 0B in Value

binance Labs

Solv Protocol has raised $11 million in a strategic funding round, bringing its total funding to $25 million at a valuation of $200 million. This capital will advance the company’s mission to revolutionize Bitcoin staking through its Staking Abstraction Layer (SAL). The funding round attracted participation from prominent investors, including Laser Digital, Blockchain Capital, and […]

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Restaking via EigenLayer is now available on Kraken!

October 15, 2024 Kraken

We’re constantly innovating to give our clients access to new technology. Today, we’re thrilled to announce the launch of Ethereum restaking via EigenLayer, a revolutionary new way to secure decentralized applications (dApps) with your staked ETH and earn additional staking rewards. What is Ethereum restaking and how does it work? Earning rewards is no longer […]

The post Restaking via EigenLayer is now available on Kraken! appeared first on Kraken Blog.

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Tezos Founder Josh Jarrett and Spouse Launch New IRS Lawsuit Over Staked XTZ Tokens

October 11, 2024 The Daily Hodl

Altcoins

The founder of Tezos (XTZ) and his wife are taking the IRS to court once again over the agency’s treatment of their staked XTZ tokens. In a new complaint filed with a Tennessee Federal court, Josh and Jessica Jarrett contend that newly minted tokens from staking should only be treated as taxable if they are […]

The post Tezos Founder Josh Jarrett and Spouse Launch New IRS Lawsuit Over Staked XTZ Tokens appeared first on The Daily Hodl.

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Boerse Stuttgart Unveils Insured Ethereum Staking on Bison Platform

October 9, 2024 Bitcoin.com

BaFin

European exchange group Boerse Stuttgart has announced a major step into Ethereum staking, offering users a secure, insured way to earn passive income through its Bison trading platform. By partnering with top German firms, Bison enables staking for as little as 0.005 ETH with weekly rewards. The service, currently only in Germany, promises annual returns […]

Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Robinhood Crypto Launches Crypto Transfers for European Users

October 2, 2024 Bitcoin.com

Bitcoin

Robinhood Crypto has introduced a major new feature for European users, allowing them to deposit and withdraw over 20 different cryptocurrencies. The new crypto transfer service includes a limited-time 1% deposit match. With this launch, the platform also reinforces its focus on self-custody, security, and decentralized finance (defi) accessibility. Robinhood Crypto Rolls Out Crypto Transfers […]

Staking

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