Author: James Wilson

Elon Musk is progressing toward enabling payment functionality for X users, with the feature expected to launch in 2025. X CEO Linda Yaccarino announced that the social network will partner with web2 payments giant Visa to enable digital transactions directly within the platform, often referred to as the “online town hall.” Dubbed X Money, the initiative aims to advance Musk’s vision of an “everything app” by integrating digital payments into the social media platform. While rumors suggest X Money could include cryptocurrency features, neither Musk nor Yaccarino has provided confirmation. However, Visa’s extensive involvement in crypto and Musk’s established ties…

Polygon coin retreated and flipped a key support level as its ecosystem slowdown persisted. Polygon (POL) dropped to $0.3910 on Tuesday, marking a decline of 47% from its December 2024 highs. Nansen data shows that active addresses on the Polygon network have fallen by 12% in the last 30 days, dropping to 5.96 million. This figure is significantly lower than Base, the largest layer-2 network, which recorded 21.7 million active addresses in the same period. While Polygon’s transactions increased by 7% to 91.5 million, its fee revenue plunged 38% to $835,000. This underwhelming performance contrasts sharply with Base, which handled…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Dogecoin and Bonk struggle, Panshibi surges with $100k raised in four days, signaling a new era for meme coins with its smart features and high-yield staking. As the meme coin market heats up, competition is becoming fierce. Dogecoin (DOGE) and Bonk (BONK), both long-standing favorites, are facing potential price declines as the new contender Panshibi (SHIBI), continues to gain traction. With its presale already raising over $100,000 in just four days, Panshibi is gearing up to capture a…

Cardano, the popular layer-1 network, has seen little movement this year, but several fundamentals and technical patterns point to a potential bullish breakout. Cardano (ADA) was trading near the critical support level at $1 on Tuesday, down about 27% from its December highs. But, it may be on the verge of a significant bull run if certain technical patterns hold. First, ADA has entered the fourth phase of the Elliott Wave pattern. The first wave occurred between October 2023 and March 2024, followed by a corrective second wave from March to August. The third wave extended until November, during which…

The Arizona Senate Finance Committee has approved SB1025, also known as the “Arizona Strategic Bitcoin Reserve Act.” The Act was approved in a 5-2 vote. Co-sponsored by State Senator Wendy Rogers and Representative Jeff Weninger, the bill seeks to allow up to 10% of Arizona’s public funds, including state treasurer and retirement system reserves, to be invested in Bitcoin (BTC) and other digital assets. The bill will now proceed to the Senate Rules Committee, which will establish guidelines for debate and potential amendments on the Senate floor. If approved by the full Senate, the bill will advance to the Arizona…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Dogecoin’s volatility leaves investors uncertain, the 1Fuel presale gains momentum with its DeFi wallet and 100x potential for 2025. Dogecoin (DOGE) has experienced significant volatility due to political events and various influences impacting the crypto market. Currently, Dogecoin is trending towards a lower closing price compared to its opening price. While DOGE is sending mixed signals about its price direction, many investors are securing presale positions in a new token called 1Fuel (OFT). The presale for 1Fuel is…

With veteran investor Scott Bessent confirmed as treasury secretary, crypto markets are bracing for potential shifts in U.S. policy under Trump’s leadership. Scott Bessent, a billionaire hedge fund manager, has been confirmed by the Senate in a 68-29 vote as the new U.S. Treasury Secretary. With major responsibilities around tax cuts, inflation, and tariffs, his appointment could also bring big changes to how crypto is regulated, leaving many wondering what’s next. Deep ties with Wall Street Bessent got his political science degree from Yale back in 1984 and kicked off his career at Brown Brothers Harriman, among other places. He…

Terra Luna Classic price has continued its steep downward trend despite the network achieving a key burn milestone. Terra Luna Classic (LUNC) dropped to a low of $0.00007045 this week, marking its lowest level since August 2024 and a decline of 55% from its December highs. According to LUNCMetrics, the network surpassed the 400 billion burn milestone this week. Over 400.6 billion LUNC tokens have been incinerated so far, with the trend continuing. In the last seven days alone, 1.45 billion tokens were burned, leaving 6.5 trillion coins still in circulation. Terraform Labs, which filed for bankruptcy protection in 2024,…

Crypto giant Binance is under investigation in France for the second time, following an initial probe in 2023. French prosecutors have formally opened a judicial investigation into alleged crimes, including drug trafficking, money laundering, and tax evasion at Binance. The probe may also involve additional undisclosed charges, according to a Reuters report published on Tuesday, Jan. 28. The investigation could be an extension of the previous inquiry launched by French authorities in 2023, which focused on the platform’s suspected role in aiding money laundering and illicit financing activities, among other alleged violations. Indeed, 2023 harbored global scrutiny for crypto exchanges…

FTSE Russell, a leading global index provider, has partnered with blockchain data infrastructure firm SonarX to expand its digital asset offerings. This partnership will integrate data from over 100 blockchains, including network fundamentals, token supply, staking, and DeFi metrics, into FTSE Russell’s financial indexes and data products. The collaboration reflects a growing push to incorporate blockchain data into traditional financial systems. FTSE Russell plans to leverage SonarX’s data to create indexes specifically designed for institutional investors, addressing the rising demand for digital asset exposure. FTSE Russell, based in London, is renowned for creating indices that track various aspects of the…