Ethereum (ETH) whales have caught the attention of the market by accumulating 330,000 ETHworth approximately $1 billionover the past two weeks. Analysts speculate this could signal Ethereums potential to surpass the $5,000 price mark. On-Chain Data Highlights Whale Activity On January 23, Cointelegraph reported that Ethereum, the native token of the Ethereum blockchain, has been the only top-10 cryptocurrency by market capitalization to post negative returns over the past 30 days. However, on-chain data suggests a possible price rebound. According to crypto analyst Max Payne, addresses...

As of 8:30 AM, the cryptocurrency market is experiencing a downward trend. Bitcoin (BTC) is trading at $103,362, reflecting a 1.99% decrease from the previous day. Ethereum (ETH) stands at $3,246.12, down 2.33%. Other notable movements include Solana (SOL) at $255.22, up 1.33%, and XRP at $3.16, down 0.94%. CME Group Plans XRP and Solana Futures Launch The Chicago Mercantile Exchange (CME) has announced plans to introduce futures contracts for XRP and Solana (SOL) on February 10, pending regulatory approval. The proposed offerings include standard and micro-sized contracts, providing traders...

The cryptocurrency market is experiencing a downward trend. As of 8:30 AM on the 23rd, according to TokenPost Market, Bitcoin is trading at $103,882 (approximately 149.13 million KRW), down 1.99% from the previous day. Ethereum, the second-largest cryptocurrency by market capitalization, is priced at $3,244 (approximately 4.65 million KRW), reflecting a 2.33% decrease from the previous day. Among major altcoins, movements are mixed: XRP is up 0.49%, Solana has increased by 2.75%, BNB is up 0.58%, while Dogecoin and Cardano have declined by 2.15% and 2.08% respectively. Tron has risen by...

Analysis Reveals Concentration of TRUMP and MELANIA Tokens Among Few Addresses Blockchain analytics firm Chainalysis reports that while most wallets holding the TRUMP meme coin belong to individual investors barely breaking even, approximately 50 large holders, or whales, have realized profits exceeding $10 million. Additionally, although the majority of addresses hold less than $100 worth of TRUMP or MELANIA tokens, some possess holdings exceeding $100 million. Notably, over 80% of addresses with less than $1,000 in assets on the Solana (SOL) network include TRUMP or MELANIA tokens,...

Palo Alto, CA PIP Labs, the developer behind the blockchain-based intellectual property (IP) platform Story Protocol, has announced a strategic partnership with STR8FIRE, a project dedicated to tokenizing Hollywood-level entertainment IPs. This collaboration aims to merge fan engagement with blockchain technology, facilitating transparent and efficient tokenization and monetization of entertainment assets. STR8FIRE enables fans and investors to own, trade, and profit from their favorite movies, comics, games, and more by tokenizing these assets on-chain. Story Protocol supports this...

Artificial Intelligence (AI) models are no longer a novel concept. The global AI market size, estimated at $135.9 billion in 2023, is projected to grow to $826.7 billion by 2030, with an annual growth rate of about 30%, according to Statista. As a result, many consumer tech companies, applications, and platforms are integrating AI components or agents into their software to harness tailored AI capabilities. As AI continues to lead the world, the boundary between reality and artificiality is expected to blur. Tools for Humanity (TFH), a technology company developing solutions for the World...

The Trump familys recent launch of meme coins has raised concerns over potential regulatory tightening by the U.S. Securities and Exchange Commission (SEC), posing fresh challenges for the cryptocurrency industry. On January 22, Cointelegraph reported that former President Donald Trump introduced the official TRUMP meme coin on January 18, followed by the MELANIA token on January 19, both built on the Solana blockchain. While these tokens garnered significant attention from retail investors, they have also sparked debate about regulatory scrutiny. Blockchain expert Andy Lian noted, The launch...

Bitcoin maintained its position above $106,000, buoyed by a weakening U.S. dollar and a rally in American equities, as investors balanced their optimism and uncertainty regarding President Donald Trumps anticipated cryptocurrency policies. On January 22, Cointelegraph reported that Bitcoin (BTC) rose 3.8% the previous day, reaching $107,240, partially recovering from recent losses. Although the price fell short of its all-time high of $109,588 recorded on January 20, market sentiment remained cautiously optimistic. While some investors expressed disappointment over the absence of...

Jeremy Allaire, CEO of stablecoin issuer Circle, has called for the immediate repeal of regulations that hinder the cryptocurrency industry. Speaking at the Reuters Global Markets Forum during the World Economic Forum, Allaire specifically criticized the SECs Staff Accounting Bulletin (SAB) 121, urging the Trump administration to eliminate policies that obstruct the integration of digital assets and traditional finance. SAB 121 mandates that publicly traded companies classify cryptocurrencies held on behalf of others as liabilities. Critics argue that this guideline prevents banks from...

Bitcoins daily trading volume soared past $46 billion, marking the fifth-highest daily total in the cryptocurrencys history, according to FalconX research head David Lawant. On January 20, Lawant shared on X (formerly Twitter) that Bitcoin spot trading volume had surpassed $46 billion, stating, This is the largest daily volume ever recorded on a holiday or weekend. The metric was calculated using the 7-day moving average of trading volumes on reputable exchanges such as Binance and Coinbase. The surge coincided with President Donald Trumps inauguration as the 47th U.S. President and the...