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The Daily: Sony's blockchain launch faces memecoin backlash, bitcoin analysts rethink Trump inauguration strategy and more

Today's newsletter covers Sony's blockchain launch, Trump’s inauguration effects, corporate bitcoin acquisitions, and Italy’s Intesa bank's first bitcoin purchase.

theblock.co • 14/01/2025 - 19:27 PM

The Daily: Crypto asset manager says 'post-US election honeymoon is over,' AI agent token prices break down and more

Global crypto investment products attracted modest net inflows of $48 million last week as macro and monetary policy reasserted themselves, according to asset manager CoinShares. AI agent tokens have gone from dominating market mindshare to being dumped on the proverbial crypto scrap heap in the space of a week, with prices halving in some cases. Tether, the world’s largest stablecoin issuer, is “about to complete all formalities” to relocate to El Salvador after acquiring a Digital Asset Service Provider license in the country. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 13/01/2025 - 20:01 PM

Fidelity sees Solana as a 'notable contender' but backs Ethereum's stronger fundamentals

Fidelity Digital Assets projects Ethereum's stability over Solana in the long run, emphasizing fundamentals and upcoming upgrades, while noting Bitcoin's potential and stablecoins' growth in 2025.

theblock.co • 09/01/2025 - 13:16 PM

The Daily: Bernstein sets out 10 crypto predictions for 2025, MicroStrategy buys another $101 million worth of bitcoin and more

Bernstein analysts predict strong crypto growth in 2025, MicroStrategy's bitcoin purchase, Ripple hires shift to U.S., GSR receives FCA approval, and Vitalik Buterin liquidates memecoins for charity.

theblock.co • 06/01/2025 - 19:06 PM

AnonCast founder rolls out fully anonymous social platform on Farcaster

Kartik Patel launched Anon World, a Farcaster-based platform for anonymous interactions, featuring community discussions, ERC20 token requirements, and zero-knowledge proof technology for user anonymity.

theblock.co • 03/01/2025 - 07:09 AM

The Daily: Kekius Maximus memecoin plunges after Elon Musk's profile change, Ethereum ETFs see record $2 billion monthly inflows and more

Elon Musk's profile change causes Kekius Maximus memecoin to plummet, while Ethereum ETFs see record inflows and the IRS delays new crypto reporting regulations.

theblock.co • 02/01/2025 - 18:50 PM

Kekius Maximus memecoin tumbles after Elon Musk reverts X profile name

Ethereum-based Kekius Maximus memecoin plummeted after Elon Musk reverted his profile name, losing over $300 million in market cap and impacting traders.

theblock.co • 02/01/2025 - 11:46 AM

MEMECOINS

How 2024 became the year of memecoins

Memecoins surged in 2024, driven by platforms like Pump.fun and fueled by political and AI themes, leading to significant market growth and controversies in the crypto space.

theblock.co • 01/01/2025 - 14:01 PM

Blockchain-powered AI agent 'ai16z' reaches $1.5 billion market cap

The AI project ai16z reached a market cap of $1.5 billion, partnered with Stanford, and enables AI development, despite volatility and no major exchange listings.

theblock.co • 29/12/2024 - 21:55 PM

Bitcoin holds above $96,000 while investors turn to AI and DeFi tokens for growth opportunities

Bitcoin holds steady above $96,000 as ETF inflows highlight growing institutional confidence in the digital asset sector, analysts said. Investors are turning to crypto-AI and DeFi tokens like HYPE and ai16z, signaling a shift toward emerging trends beyond major crypto tokens.

theblock.co • 27/12/2024 - 14:47 PM

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