December 20th Are AI agents the future of digital assets? Posted at 14:38h education by admin The convergence of artificial intelligence (AI) and digital assets is transforming cryptocurrency systems, and AI agents are being researched for tasks such as transaction execution and wallet management to improve efficiency and scalability. Partnerships like Eliza Labs and Stanford University’s Future Digital Money Initiative are advancing this intersection, while projects like AI16z highlight the potential of decentralized autonomous AI agents to optimize blockchain networks. However, as evidenced by AI manipulation incidents, vulnerabilities expose serious risks that require robust safeguards to maintain trust in these…
Author: Crypto Flexs
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Solana staking pool Jito generated more than $100 million per month in preferential fees and tips in November and December, according to a December 26 report from cryptocurrency researcher Kairos Research. Kairos said that in 2024, Jito’s validators increased their tip revenue by an average of 32% per month. Monthly income peaked in November at about $210 million. Jito’s growing tip revenue reflects the soaring popularity of the Solana network. It also marks an increase in a validator’s income by prioritizing certain transactions over others. This is a practice known as maximum extractable value (MEV). source: Kairos Studiesrelevant: DeFi TVL…
Strive, an asset management company started by Vivek Ramaswamy, is looking to launch an ETF that would invest in convertible bonds issued by MicroStrategy and other companies that buy Bitcoin. The company filed its application with the SEC on December 26. Bitcoin demand continues to grow among retail investors. According to the filing, the ETF aims to provide investors with exposure to “Bitcoin bonds,” which are convertible bonds issued by companies like MicroStrategy that use the money to buy bitcoin. Strive will either invest directly in these bonds or actively manage ETFs using financial instruments such as swaps and options.…
The U.S. Bitcoin spot exchange-traded fund (ETF) experienced withdrawals for four days in a row, with notable outflows occurring on Christmas Eve.Data from SoSovalue as of December 24 showed a total outflow of $338.4 million from ETFs on Christmas Eve.BlackRock’s iShares Bitcoin ETF led the decline, recording the largest daily outflow of $188.7 million. Fidelity’s Bitcoin ETF recorded $83 million in withdrawals, while Ark and 21Shares’ Bitcoin ETFs recorded net outflows of $75 million.Bitwise’s BITB fund was the only ETF to record positive net inflows, adding $8.5 million. The remaining funds were inactive during the day.Meanwhile, after a sustained positive…
Since retesting the $2 psychological support on December 20, XRP (XRP) has consolidated between $2.40 and $2.13 over the past week, heading toward a breakout in either direction. While the High Time Frame (HTF) structure remains bullish, one analyst explained why the altcoin should close positions above $2.30 in the near term. The analyst says XRP has a “buy barrier” to $2.23.CW, an anonymous cryptocurrency data analyst, said that with XRP oscillating between narrow price gaps, short-term buying barriers currently support the altcoin. This buy wall was between $2.20 and $2.23 and further declines may occur as the altcoin is…
Crypto investors are heavily drawn to meme assets in 2024, according to a new study. CoinGecko said in a research paper that most of the cryptocurrency interest in 2024 will be driven by the memecoin sector, which has expanded from dog-themed tokens to other animal- and personality-themed digital assets. “The most popular cryptocurrency story in 2024 was by far the memecoin story, which accounted for a combined 30.67% of global investor attention across major memecoin stories and 25 memecoin trends. That said, as the market quickly expanded from dog-related memecoins to other animal- and personality-themed memecoins, nearly a third of…
Hopes for a surge in Ethereum are fading as the price of the top altcoin has fallen significantly over the past four days. Between October 20 and 23, the price of ETH fell 9.6% after experiencing rejection at the $2,700 resistance level. This price drop wiped out any Ethereum profits made over the past 10 days. Currently, the price of ETH has stabilized at the $2,500 level. At the time of writing, ETH is trading at $2,519 ETH/USDT. to Gate.io exchange. However, in the last 24 hours its value has fallen by 2.2%. However, looking at the year-to-date chart, we…
BonkDAO’s token burn reduced supply by 1.8%, but BONK faced resistance at $0.00003517. Market sentiment remained bearish due to high short-term interest rates and weak technical indicators for BONK. BonkDAO’s decision to burn 1.69 trillion won BONK As part of the “BURNmas” event, the token gained attention in the cryptocurrency community. With $54.52 million worth of tokens removed from circulation, BONK’s total supply decreases by 1.8%. This could have a significant impact on the market. At press time, BONK is trading at $0.00003144, down 6.50% over the last 24 hours. Considering these deflationary measures, the following questions arise: Will this…
Jason Zhao was working as a product manager at DeepMind, Google’s cutting-edge AI division, when he realized there was a serious problem with generative AI, which remixes existing content into new content. He has since been proven right. AI is now reading and regurgitating news articles without paying for them from services like Perplexity, threatening the business model of journalism. AI is also being used to replicate artists’ vocals, like Drake and The Weeknd on their viral track “Heart on My Sleeve.” The track came out shortly before Recording Academy CEO Harvey Mason Jr. was nominated for a Grammy Award…
Jason Zhao was working as a product manager at DeepMind, Google’s cutting-edge AI division, when he realized there was a serious problem with generative AI, which remixes existing content into new content. He has since been proven right. AI is now reading and regurgitating news articles without paying for them from services like Perplexity, threatening the business model of journalism. AI is also being used to replicate artists’ vocals, like Drake and The Weeknd on their viral track “Heart on My Sleeve.” The track came out shortly before Recording Academy CEO Harvey Mason Jr. was nominated for a Grammy Award…