Also: Is this the calm before the Bitcoin storm?
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GM. It’s time to mash the market’s lemons and turn them into blockchain lemonade: sweet, tangy, and worth the squeeze.
š¤ AI x DeFi Agents.
š News: Gary Gensler’s final bit of drama, Joe Biden’s final decisions and more
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š Taste of the market today
You know those cookie tins that always make you wonder: When I open it, will I really get cookies or will it be a sewing kit again? That’s what it feels like today. In fact, that’s what every day in crypto feels like.
The Fear & Greed Index remains stable at Greed at 70, while bitcoin It crossed $98k today.
Markus Thielen of 10x Research says that BTC is traded within a tapering wedge pattern, meaning its highs are going down and its lows are going up. This pattern usually leads to a breakout. either up or down.
Several factors could influence this breakup, one of which is the Consumer Price Index (CPI) Report which measures inflation. Expectations were leaning towards a higher inflation figure, but (!):
Additionally, in December, the U.S. The Producer Price Index (PPI) was below expectations – rose 0.2% month over month and 3.3% over the year.
What does all this mean? Inflation appears to be coolingwhich the market loves because it fuels our hopes that the Federal Reserve will not raise interest rates.
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Thielen expects Bitcoin will remain in its current range until mid-March.
However, once again, that wedge pattern hints at a breakout, and it is It will likely happen before the Federal Reserve meeting on January 29..
By the way, Thielen left some advice: Don’t try to guess the address. Follow the breakout when it occurs, keep positions small and play it safe.
And you know what? Even if it’s a sewing kit, maybe it’s a good opportunity to sew something useful. Like a huge wallet. Just in case.
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š„ Harvest of memecoins
Some chips not only look – They try to start their own solar system. š
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Name |
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24H change |
---|---|---|---|
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sora laboratories SORA |
ā² |
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DTRXBT by Virtuals DTRXBT |
ā² |
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toshi TOSHI |
ā² |
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Elisa ELIZA |
ā² |
Data as of 06:20 am EST.
Check out these memecoins and many more here.
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AI agents have been he We’ve been talking about crypto for quite some time (and for good reason). These are smart programs that They pretty much just do their own thing. – create applications, launch tokens, interact with humans, etc., etc.
AND everyone and their mom He believes that this year, the AI āāAgent narrative will be even bigger.
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in your predictions for 2025VanEck said they hope more than 1 million new AI agents;
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Franklin Templetona global asset manager, predicts that AI agents will revolutionize content creation on social media: they could become digital influencers, launching their brands and earning money from their ecosystems.
TL; DR: exciting things incoming.
Actually, cross out the “incoming”: AI agent projects are It is already giving energy to the main character. Franklin Templeton published a list of some of the most important projects and we pass the tea to you:
Name |
Market capitalization |
Description |
---|---|---|
Virtual |
2.4 billion dollars |
An AI agent launchpad on BASE that allows agents to be tokenized and governed through their token. |
ai16z |
1.1 billion dollars |
An AI-powered VC that enables AI agents to make investment decisions for themselves, built on their AI agent operating system, Eliza. |
pedocoin |
885 million dollars |
Meme that came from Truth Terminal, an AI agent. |
freysa |
435 million dollars |
A blockchain game in which participants try to decrypt an artificial intelligence agent to unlock a prize pool. |
More specifically, let’s take a quick look at Elisa (ai16z AI Agent OS). According to a white paperEliza is a framework created for seamlessly integrate Web3 applications into AI agent capabilities.
With projects like that, it will become ridiculously Easy to create wild AI agents. ridiculously soon… but why should we care?
Combine AI with DeFi – and you have something beautiful (call it DeFAI if you’re that crazy).
Daniele Sestafounder of Frog Nation, points out these three revolutionary use cases:
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AI as an interface for DeFi– No more endless clicks. Simply use commands like āExchange 3 ETH for USDCā and the AI āāwill do the work for you;
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Autonomous DeFi Agents– Agents who can manage your wallet and execute complex strategies from a single command. Example: You could say: “Plug my ETH into Base, exchange half of it for USDC, create a liquidity pool, and send it back to my wallet.” And booyaka, AI takes care of everything: safely, economically and efficiently;
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Investigation agents: Do you need the best performance strategy? The agent will pull insights from on-chain explorers, GitHub, market data, and more, and then deliver a clear plan.
Crazy, right? At this rate and with tools like these, all those Jarvis memes are starting to look less ha ha and more like a glimpse of tomorrow.
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š News falls
ā° Ripple CLO Stuart Alderoty confirmed that the SEC will not delay filing a brief in its appeal to overturn a previous court decision. The decision in question: certain sales of XRP do not count as securities. I guess Gary Gensler is making sure to stir the pot one last time before signing.
š Speaking of, SEC Chairman Gary Gensler, who is leaving office in six days, said the 2024 election was not influenced by crypto money. Of course, He also did not miss the opportunity to describe the industry as a highly speculative and non-compliant field.
š± President Joe Biden, who will leave office next week, signed an executive order to accelerate the development of AI in the United States. Directs federal agencies to lease land for private companies to build artificial intelligence systems focused on clean energy.
š°š Cambodia’s Huione Group, linked to a huge illegal online market, launched its own stablecoin, USDH. Its subsidiary, Huione Guarantee, operates a platform that criminals allegedly use for scams, money laundering and even human trafficking.
š Referral codes, sign up bonuses and other crypto benefits you didn’t know you needed ā we’ve got them all in one place. Take a look!
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š Juicy memes
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