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  • iDEGEN hits public shelves with momentum as crypto prices crash

    iDEGEN hits public shelves with momentum as crypto prices crash

    Bitcoin dump

    AI meme crypto market has grown to a market cap of $2.4 billion, and iDEGEN is set to take its rightful position on the table. After three months in the presale stage, it has hit the public shelves with the same viral momentum. 

    Its early adopters are set to continue reaping big from the project as the uncensored AI agent revolutionizes the crypto space. In addition to the 300,000% gains already locked in, its value may surge by at least 10X in coming months. This is despite the selling pressure current felt across the crypto majors.

    Ripple price chart pattern hints at further selling pressure in the short term

    After trading steadily above the support zone of $2.5000 in the past one week, Ripple price has plunged by about 16% since Monday. Similar to other crypto majors, the altcoin is under pressure as extreme fear grips the broader market. 

    A look at its daily chart points to the formation of a bearish death cross pattern as the short-term 25-day EMA crosses the 50-day EMA to the downside. In the near term, the range between $2.0000 and $2.3357 is worth watching. For a firm trend reversal, the bulls will need to gather enough momentum to rebreak the resistance at $2.5500.

    XRP Price
    XRP Price

    iDEGEN debuts on Raydium with the same viral momentum

    iDEGEN has hit the public shelves as promised; ending the three-month-long presale. It has debuted on Raydium, a Solana-based DEX and is set to also list on BitMart on 4th March.

    What started on a blank slate ready to learn from the crypto degens on X has grown into an ultra-popular AI crypto with the potential to compete with other AI meme coins like AI16Z, Hamster Kombat, and Fartcoin. 

    In three months, it has managed to raise $25 million. This has been made possible by its aggressive community, apt timing, and booming AI crypto market. If the presale is anything to go by, its viral momentum is set to yield growth of atleast 10X in the coming months. At its last stage price of $0.038, its early adopters are already enjoying returns of upto 300,000%. 

    Bitcoin spot ETF records streak of outflows as tariff jitters persist

    Bitcoin price

    Concerns over the impact that Trump’s trade policies will have on the US economy have triggered a shift in the market sentiment. Compared to last week’s neutral level of 49, the crypto fear & greed index is now at an extreme fear level of 10. 

    With the resultant plunge in Bitcoin price, Bitcoin spot ETFs have seen persistent outflows as its institutional demand falls. According to SoSoValue, Bitcoin spot ETFs recorded daily total outflows of $754.53 million on Wednesday. Notably, the trend has been on for 7 sessions in a row. 

    On its daily chart, the bearish death cross pattern points to continued selling pressure in the short term. At its current level, the bulls will be keen on defending the support at $81,600. A subsequent correction may have it rebound past $85,000 to find resistance at $90,000. 

       

     

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  • Bitcoin Pepe’s presale hits $2.77M as survey shows memecoins’ rewards outweigh risks

    Bitcoin Pepe’s presale hits $2.77M as survey shows memecoins’ rewards outweigh risks

    Bitcoin Pepe’s presale hits $2.77M as survey shows memecoins’ rewards outweigh risks

    • Bitcoin Pepe presale hits $2.77M as momentum builds.
    • Enthusiasts believe the LIBRA scandal calls for clearer memecoin regulation.
    • Kraken survey shows 76% of investors see memecoin rewards outweighing risks.

    Bitcoin Pepe, heralded as the world’s only Bitcoin Meme ICO, has made headlines by raising $2.77 million out of its $2.85 million presale target in its fourth presale stage.

    The Bitcoin Pepe presale is structured in such a way that the BPEP token price increases as the presale stages progress. For instance, with the fourth stage almost completed, the price is expected to rise from the current price of $0.0243 per token to $0.0255 in the fifth presale stage.

    Notably, the Bitcoin Pepe project aims to bring Solana-like technology to the Bitcoin blockchain, introducing concepts like a Meme Layer-2 for BTC with instant transactions and ultra-low fees. The initiative also includes the launch of a new token standard, PEP-20, allowing for meme coin creation directly on Bitcoin, which they argue is the only blockchain that will “live forever.”

    Regulatory challenges highlighted by the LIBRA scandal

    While Bitcoin Pepe seems to be a success, the memecoin market was recently thrown into confusion following the rug pull of LIBRA, which was expected to be a successful crypto project after it was endorsed by Argentine President Javier Milei.

    Following the LIBRA debacle, which is partly blamed on possible insider trading, Nic Puckrin from Coin Bureau has criticized US regulators for failing to provide a framework that could prevent such incidents.

    According to Puckrin, this vacuum has allowed for fraudulent schemes to proliferate, leading to calls for agencies like the SEC or CFTC to step in. However, there’s a counterargument, with some like Christopher Perkins suggesting that memecoins already enjoy a degree of regulatory clarity under commodity laws, though the broader legal landscape remains grey for these digital assets.

    76% of memecoin investors believe rewards outweigh risks

    Despite the risks associated with meme coins, a recent Kraken survey reveals a surprisingly positive outlook on memecoins.

    According to the survey, an overwhelming 76% of investors believe that the potential rewards of investing in memecoins justify the risks involved. This sentiment is backed by 85% of US crypto holders who have ventured into the memecoin market, driven by factors like price volatility, FOMO, and social endorsements.

    Interestingly, while both genders invest in memecoins at similar rates, the survey shows that women tend to be more cautious, generally allocating a smaller portion of their portfolio to these high-risk assets.

    The survey also highlights that while many are optimistic about memecoins’ performance in 2025, the majority still approach these investments with caution, dedicating only a small fraction of their portfolio to memecoins. This cautious optimism reflects a broader understanding of memecoins’ role in the crypto ecosystem, not just as speculative assets but also as a source of entertainment and diversification.

    With that said, the Bitcoin Pepe (BPEP) memecoin leverages Bitcoin’s security and Solana’s speed, offering investors a compelling memcoin alternative that will possibly outshine previously launched meme coins.

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  • Remittix (RTX) hits $4m presale as XRP holders take notice

    Remittix (RTX) hits $4m presale as XRP holders take notice

    With the cryptocurrency market eyeing a stellar 2025 amid a new wave of optimism, new crypto project Remittix (RTX) is trending.

    The altcoin looks to have stolen the shine off XRP (XRP) early on as its presale hits $4 million. But what’s driving the interest in this project? Could the new era for crypto under President Donald Trump be the catalyst that pushes RTX to the top of the payments finance, or PayFi world?

    What is Remittix (RTX)?

    XRP and Stellar (XLM) have stood out as crypto solutions aim to revolutionize the remittances and cross-border payments space. XRP’s massive traction in the space means its recent bounce in the market may continue as traditional players adopt crypto.

    Remittix (RTX) is entering this ecosystem with a new Ethereum-based payments network targeted for individuals and businesses.

    The project aims at allowing anyone to benefit from the growing adoption of cryptocurrencies with a novel crypto-to-fiat payments solution. With Remittix, users can send crypto and see their recipients get fiat in their bank account.

    The project taps into the blockchain technology’s features of faster, cheaper and transparent transactions to let users send money across borders. Unlike traditional banking apps and solutions, Remittix provides a  multi-currency wallet that lets users easily send over 50 cryptocurrency pairs. It supports more than 30 fiat currencies.

    Native token RTX attracts $4 million in presale

    Interest in Remittix has picked momentum as the crypto market celebrates the inauguration of Donald Trump as the 47th President of the United States. Notably, the presale for the native RTX token raced to over $4 million in under 30 days.

    RTX will power Remittix’s payments ecosystem, providing for governance, staking and rewards. Of the limited supply of 1.5 billion RTX, 50% of it (750 million) has been allocated to the community via a presale. The presale soft cap is $18 million and hard cap is $36 million

    Remittix is celebrating Trump’s inauguration with a 30% bonus that runs to Jan. 28. Presale participants can use the promocode TRUMP30 to unlock the bonus.

    With crypto poised for a bullish reset in 2025 and beyond, the presale offers Remittix buyers a chance to get in early. An environment that supports innovation and regulatory clarity means Remittix could be on the cusp of completely redefining cross-border payments.

    Remittix (RTX) presale price

    So far, savvy crypto investors have scooped nearly 230 million RTX, raising more than $4.1 million as the RTX price jumps to $0.0228.

    The next price increase will push Remittix presale value to $0.0239. RTX presale is 70% sold out in the current stage, which means interested early adopters have a chance to get it at a bargain before price rises.

    Find out more about Remittix and what makes the project stand out by visiting the official website.

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  • Bitcoin hits $109,000 ahead of President-elect Donald Trump’s inauguration

    Bitcoin hits $109,000 ahead of President-elect Donald Trump’s inauguration

    • Bitcoin’s new high surpasses its previous all-time high of $108,000 reached in December
    • President-elect Donald Trump was once critical of Bitcoin, claiming it seemed “like a scam”
    • On the eve of his inauguration, Trump and Melania Trump launched their memecoins

    Bitcoin soared to new heights, hitting over $109,000 ahead of President-elect Donald Trump’s inauguration.

    The number one crypto asset reached its all-time high on January 20 as market sentiment remains optimistic about Trump’s plans for the crypto industry. The new high surpasses its previous record of more than $108,000 achieved in December.

    Data from TradingView shows Bitcoin topped $109,036 around 6:55 am before dropping to $107,000 a few minutes later.

    BTC/USD Chart by TradingView

    Trump mentioned Bitcoin in a Sunday speech, highlighting its record performance since the US election.

    “Since the election, the stock market has surged and small business optimism has soared a record 41 points to a 39-year high,” Trump said. “Bitcoin has shattered one record high after another.”

    Support for crypto

    Once critical of Bitcoin who said that it “seems like a scam” a few years ago, Trump has since embraced crypto, showing his support for it during his presidential election.

    During his campaign trail, he vowed to make the US the “crypto capital” of the world and has appointed several crypto-friendly candidates into his incoming administration. Some familiar names include Paul Atkins as the next US Securities and Exchange Commission (SEC) chair and crypto czar David Sacks.

    Trump is also expected to sign an executive order prioritizing crypto when he enters the White House today.

    On the eve of Trump’s inauguration, he launched his $TRUMP memecoin, which, at one point, was valued at $75 per coin, according to data from CoinMarketCap. At the time of publishing, it’s trading at $51 with a market cap of more than $10 billion.

    Incoming First Lady Melania Trump also launched her memecoin, $MELANIA, which was trading at a high of $13. It has since dropped to $10 with a market cap of over $2 billion.

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  • Bitcoin hits $100k for the first time as bull run continues

    Bitcoin hits $100k for the first time as bull run continues

    An image of a Bitcoin in front a background with arrows pointing up
    • Bitcoin reached the milestone on December 5
    • Over the past 30 days, Bitcoin has increased in value by nearly 50% and 140% in YTD value
    • It comes as President-elect Donald Trump named Paul Atkins as the next US SEC chair

    Bitcoin has reached a new all-time high, hitting $100,000 for the first time, continuing its bull run since the start of November.

    On December 5, Bitcoin broke the $100,000 milestone after getting within touching distance of the psychological level on November 22, at over $99,000. Data from CoinMarketCap shows Bitcoin reached more than $103,500 around 04:05 this morning.

    At the time of publishing, Bitcoin is trading at around $101,000. Over the past 30 days, the crypto asset has risen nearly 50% in value while its year-to-date value has increased by 140%.

    While there are underlying factors relating to Bitcoin’s price rise, Donald Trump’s presidential victory last month has given the asset a significant push. It also hasn’t hurt Bitcoin that Trump announced pro-crypto Paul Atkins as the next chair of the US Securities and Exchange Commission.

    Trump has also picked Scott Bessent and Howard Lutnick to head the US Secretary of Treasury and Commerce departments.

    Taking to X, Michael Saylor, CEO of MicroStrategy, said “there’s going to be a $100k party.”

    Earlier this week, Saylor urged Microsoft to adopt Bitcoin saying it represents “digital capital.”

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  • iDEGEN hits $1.6 million as AI tokens bid to join altcoin party

    iDEGEN hits $1.6 million as AI tokens bid to join altcoin party

    The birth of iDEGEN: a new era of community-powered AI

    iDEGEN has hit the crypto market running, riding a major bullish mood engulfing the entire market.

    This comes as traders cheer Bitcoin’s massive and record monthly green candle. As the benchmark crypto looks to break the sell wall at the $100k level, several altcoins are toying with levels that have traders excited.

    Amid the market-wide buzz is an aggressive positioning across the artificial intelligence related space. Some of the best performing tokens in the last few months have been AI tokens, which has analysts pointing to the real upside as one ahead.

    Does this make iDEGEN the biggest opportunity among AI tokens as the bull run shapes up? Here’s more.

    Altcoins eye rally

    While Bitcoin has struggled with the sell wall at $100k, bulls remain upbeat amid a rising supply shock. Demand for the flagship cryptocurrency has seen multiple publicly-listed companies announce major moves to buy BTC.

    The bullish predictions for Bitcoin have also extended to top coins Ethereum, XRP, Solana and Cardano.

    However, analysts are most bullish about small caps and gems in emerging crypto market segments. In 2025, the most profitable tokens are likely in AI. Notably, it’s AI agents that have the market in alert mode. This subsector of the AI and crypto merge has received massive traction after platforms like Terminal of Truth made Goateus Maximus a bull market sensation.

    According to crypto analyst Miles Deutscher, the industry has yet to hit even 0.01% of what these projects can offer.

    “From Adobe to Expedia, many top corporations have built & integrated AI Agents in the past 1-2 years. This trend is only going to increase,” Deutscher said.

    iDEGEN races to $1.6 million presale raise

    iDEGEN’s freelance operation with its launch based on zero knowledge is purely dependent on the real time interactions with users on X. Currently in its presale phase, the iDEGEN token has raced to over $1.6 million.

    This comes as tokens sold in the past week surges to over 385 million, adding to IDGN token’s viral spike after raising over $1 million in just over 72 hours.

    IDGN is “sentient” and “degenerate”.

    Ideally, iDEGEN is an AI project that engages the crypto community through X, tweeting every sixty minutes as its learning evolves. The design starts with a blank AI, but degens have the opportunity to teach it and help it take over crypto twitter.

    As an AI powered “born and raised” agent, iDEGEN has the potential to grow into what the crypto degen community wants. The native token IDGN could evolve similarly, following this trend to surpass GOAT and others.

    iDEGEN will launch in January, and investors have a chance to buy early into a sector at the cusp of a major breakout. Top industry players are making moves that mean the whole sector is only getting started.

    At $0.0201, IDGN is still a relative bargain for a token that could go 100x or more in the next bull cycle.

    Do you want to learn more about iDEGEN or how to buy IDGN? Visit the official presale page.

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  • BlackRock’s spot Bitcoin ETF hits $40 billion, sets new record in 211 days

    BlackRock’s spot Bitcoin ETF hits $40 billion, sets new record in 211 days

    blackrock ceo larry fink crypto digitalising gold
    • BlackRock’s IBIT reached a new record in 211 days, surpassing iShares Core MSCI Emerging Markets ETF’s previous record of 1,253 days
    • BlackRock’s new record comes two weeks after it hit $30 billion in net assets at the end of October
    • BlackRock is now in the top 1% of all ETFs by assets and is bigger than all the ETFs launched in the past 10 years

    BlackRock has done it again. This time its IBIT spot Bitcoin exchange-traded fund (ETF) has hit a record of over $41 billion in net assets in 211 days.

    News of the milestone comes two weeks after BlackRock reached $30 billion in net assets in 293 days at the end of October.

    Posting on X in October, Bloomberg analyst Eric Balchunas, said what BlackRock has achieved is an “all-time record,” adding “the old record was $JEPI which did it in 1,272 days. $GLD took 1,790 days. Unreal.”

    With BlackRock’s new achievement, it’s surpassed the previous record of 1,253 days held by iShares Core MSCI Emerging Markets ETF, according to Balchunas.

    In a post on X, he said: “[BlackRock’s] now in Top 1% of all ETFs by assets and at 10mo old it is bigger than all 2,800 ETFs launched in the past TEN years.”

    Now, BlackRock holds more than 467,000 Bitcoin, valued at $41.8 billion, according to iShares data.

    Reaching new heights

    The new record comes as Bitcoin reached an all-time high of over $93,000 on November 13 in a continued rally that’s showing no signs of slowing.

    The upward trajectory is partly due to Donald Trump being re-elected as US President earlier this month. Following news of his win, Bitcoin broke the $75,000 mark. It then passed $82,000, and continued to $84,000, before pushing to $87,000 earlier this week.

    In September, Bernstein analysts predicted that Bitcoin would surge to between $80,000 and $90,000 if Trump won the US election. With that prediction having now passed, Bernstein analysts believe Bitcoin could reach $200,000 in 2025, urging investors to “buy everything they can.”

    It remains to be seen how far Bitcoin will go, but for now, it’s showing no signs of slowing down.

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  • Over 40,000 BTC leave exchanges as Bitcoin hits $82k

    Over 40,000 BTC leave exchanges as Bitcoin hits $82k

    • Bitcoin rose to a new all-time high above $82 on November 11, 2024
    • Over 40,000 Bitcoin valued at nearly $3.28 billion have left exchanges in the past week.

    The price of Bitcoin (BTC) has climbed to a new record high above $82,000 as the momentum that pushed cryptocurrencies higher continues to dictate sentiment.

    On Monday, BTC reached highs of $82,329 across major exchanges to put the flagship digital asset up more than 20% over the past week.

    The gains have also impacted altcoins, with notable performances for Ethereum that has crossed above $3,100 and Solana that’s eyeing a new year-to-date high. Cardano, BNB and meme coins Dogecoin and Shiba Inu are also trading higher.

    Over 40,000 BTC leave exchanges

    According to crypto analyst Ali Martinez, Bitcoin’s spike to the new ATH comes as the amount of BC leaving exchanges surges.

    In the past week, Ali noted via X, bullish BTC holders have withdrawn over 40,000 bitcoins from exchanges. This represents nearly $3.3 billion worth of Bitcoin exiting from exchanges. Exchange balances for Bitcoin have plummeted in the last seven days.

    Bitcoin exiting exchanges has increased this past week. Chart by Ali Martinez on X

    The bullish sentiment across the market could be driving this trend. Donald Trump’s US election victory and interest rate cuts are two major catalysts. Meanwhile, institutional demand amid spike in spot ETF inflows has also helped BTC past the $82k mark.

    What next for Bitcoin price?

    BTC price forecasts suggest a surge to $100k is possible before the end of the year. With this outlook in place, a huge number of traders taking a short term bearish view after recent gains have lost significant amounts of money.

    Per Coinglass data, the past 24 hours have seen the crypto market a staggering $270 million in liquidations.

    However, longs expecting an even sharper spike for Bitcoin have recorded a $361 million liquidations. In total, more than 208,800 traders have been liquidated in the past 24 hours, the total liquidations comes in at $632.57 million, with $124 million in Bitcoin shorts.

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  • Bitcoin hits new ATH as Fed cuts interest rates by 25 bps

    Bitcoin hits new ATH as Fed cuts interest rates by 25 bps

    • Bitcoin spiked to a new all-time high above $76,600 on Thursday amid bullish sentiment around Donald Trump’s election victory.
    • The Federal Reserve’s decision to cut interest rates by 25 basis points and indicate further tightening also buoyed markets.
    • Analysts say the influx of ‘cheap capital’ could strengthen the bull market.

    Bitcoin rose for the third day in a row to hit a new all-time high above $76,000.

    Per data from CoinGecko, the flagship cryptocurrency touched highs of $76,677 across major exchanges on Nov. 7. This comes after BTC broke to a new all-time high above $75k on Nov. 5 with news of Donald Trump winning the US presidential election.

    The top crypto also moved higher to break above $76k as Kamala Harris conceded defeat and as US president Joe Biden confirmed he’d hand over power to the incoming 47th president.

    On Nov. 7, Bitcoin price made a new all-time high above $76.6k as the Federal Reserve announced a 25 basis points interest rate cut. The news coming on the back of Trump’s win added to the positive buzz across the risk asset markets.

    Fed’s rate cut is the second one after the 50 bps cut in September. The move follows slowing inflation data and a cooler jobs market. The market is likely to rally higher given Fed’s rate cut and Chair Jerome Powell’s remarks. Is “cheap capital” set to enter the market? Investor and entrepreneur Anthony Pompliano thinks so.

    BTC led cryptocurrencies in a brief pump, with Ethereum, Solana and BNB recording some notable gains.

    ETH for instance crossed the $2,880 mark with an intraday surge from $2,717. SOL broke into the top four by market cap after surging to near $198, flipping BNB with its market cap above $92.8 billion.

    Meanwhile, BNB crossed $600 for the first time since late October as it hit highs above $610. The coin’s market cap as of writing was $87.3 billion.

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  • BlackRock’s spot Bitcoin ETF hits $30 billion, sets new record in 293 days

    BlackRock’s spot Bitcoin ETF hits $30 billion, sets new record in 293 days

    BlackRock launches Ethereum ETF on the B3 stock exchange in Brazil
    • BlackRock takes the lead reaching $30 billion in 293 days. JEPI took 1,272 days and Gold managed it in 1,790 days
    • Spot Bitcoin ETFs could reach one million Bitcoin, surpassing Satoshi Nakamoto by mid-December

    BlackRock’s spot Bitcoin exchange-traded fund (ETF) has hit $30 billion in assets setting a new record of 293 days, showcasing rising interest in crypto investments.

    The milestone from BlackRock comes 10 months after the company launched its spot Bitcoin ETF in January. Then, it was reported that BlackRock had traded $7.5 million shares within the first 10 minutes of launching.

    Now, BlackRock holds more than 417,000 Bitcoin, valued at $30.4 billion, according to iShares data.

    Taking to X, Bloomberg analyst Eric Balchunas, said what BlackRock has achieved is an “all-time record,” adding “the old record was $JEPI which did it in 1,272 days. $GLD took 1,790 days. Unreal.”

    Balchunas also noted that Bitcoin ETFs could reach one million Bitcoin soon. At the time of publishing, the number sits around 983,000. If such a milestone is reached Balchunas believes that the combined spot Bitcoin ETFs could surpass Satoshi Nakamoto’s wallet, which holds 1.1 Bitcoin, by mid-December.

    “That said, anything can happen, eg a violent selloff and all this is delayed albeit still inevitable,” he added. “On flip, if prices keep going up, Trump wins, we could see FOMO could kick in and it all happens faster. Stay tuned.”

    Decentralized prediction market platform, Polymarket, and, more recently, Robinhood, an investment app, have launched data predicting who will win the US Presidential election on November 5.

    At the time of publishing, Polymarket shows former US president Donald Trump in the lead at 67% with Vice President Kamala Harris behind at 33.1%.

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