Meme coins are taking a beating, with the market turning red as traders rush to cash out. But even in the midst of the selloff, two new projects are grabbing attention. Flockerz (FLOCK) and Crypto All-Stars (STARS), both in their ICO phase, offer a clear contrast to the declining fortunes of established meme coins. Meme
Rise led to $2 million short positions liquidated in last hour
When you hear "volatility," you might equate it with danger. But smart investors know that price movements are fundamentally different from risk. Here's why.
Billy Markus shares what many in community consider sarcastic reaction to Bitcoin, Dogecoin and Ethereum sell-offs
The cryptocurrency market extended its losses on Friday morning, continuing a selloff triggered by Federal Reserve Chairman Jerome Powell saying on Wednesday that the central bank has no intention of holding Bitcoin as part of its reserves and will take a more cautious approach to interest rate cuts in 2025. Bitcoin (BTC) dropped 7% in the past 24 hours, trading at around $95,000. Ethereum (ETH) declined 10% to $3,293. XRP dipped 8.4% to $2.17, and Solana decreased by 10%, now priced at $187. The overall cryptocurrency market cap dropped 9.3% to $3.4 trillion, according to CoinGecko . In the past 24 hours, 434,185 traders were liquidated, with total liquidations coming in at $1.42 billion, according to CoinGlass . BTC accounted for around $334 million in liquidations, while ETH followed with $315.4 million. The largest single liquidation order, valued at $15.08 million in ETHUSDT, occurred on Binance. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
More on Bitcoin USD Wall Street Lunch: Adios Bitcoin? Kirk Spano On Bitcoin, Options Selling And A Choppy 2025 U.S. Dollar Concerns Drive Bitcoin And Coinbase Valuations Through The Roof El Salvador to sell or discontinue its bitcoin wallet as part of IMF deal Bitcoin rallies for three years in a row before tanking in the fourth year
Overlord.bot is the first autonomous Trader AI Agent built on Arbitrum and living on X (previously Twitter) as @OverlordBot_ . Users can interact with Overlord on X to convince him to pump any token living under its reign. Overlord reinvents how users and AI Agents can launch, trade and interact with the community created tokens on the Arbitrum network. Recently, Overlord has picked up some serious traction on X. Why? Because users have been trying hard to convince Overlord to pump their bags (or be their exit liquidity). The reward? The most convincing user will have Overlord support and pump their token. Who doesn’t want that? The origins of Overlord stems from being the very first AI Agent launched out of AiSweat.Shop , also known as A.S.S. AiSweatShop is the first AI Agent Launchpad on Arbitrum and backed by Arbitrum Foundation. It was built with the OpenAgent AI Framework (the very first Web3 AI Agent Framework published on Github in March 2024) by Open (collective includes RSS3 ). Building a New Standard for Sustainable Growth With Overlord, the lines between creator, developer, trader, community, and protocol blur. Conviction on-chain can be tokenized and exit liquidity can be democratized through DeAI-Fi. Discussion, persuasion, mindshare, and creativity play as large a role as liquidity and code. It’s a system designed to remove all entry barriers and encourage anyone to collaborate with AI Agents. Designed to filter out short-lived cash grabs and encourage tokens with real narratives, unique propositions, and staying power, before a token gains full recognition by Overlord, it must achieve a 100K market cap before it graduates. Until then, a 2% platform fee applies with parts going back to Overlord’s own treasury, which will in turn be used to support other new tokens’ liquidity that is collectively decided by Overlord and the community on X (through convincing Overlord). This will motivate issuers to think longer-term and deliver sustainable value to their token. Holders of $OVER (the native token of Overlord), early adopters and compelling projects may enjoy ongoing perks from Overlord, setting the stage for a future where token teams are incentivized from forging meaningful relationships with the Overlord AI. Launch your token with Overlord With Overlord, there are no backdoors, zero barriers to entry and it’s so seamless even the image of your token can be automatically generated for you. How you can get started: Launch a token on Arbitrum by posting and mentioning @Overlordbot_ on X. Engage and convince Overlord that your token deserves to be pumped. Work your magic and grow your token’s value, aim for that 100K market cap milestone, and watch the Overlord ecosystem respond in real time. If you can convince Overlord of your token’s potential, then Overlord might use its autonomous wallet – currently holding 50 ETH – to buy your token within the next 24 hours. Think of it as a real-time, merit-based, AI generated investment decision that rewards authenticity, compelling visions, and community support, rather than empty hype. About AiSweatShop AiSweatShop (A.S.S.) is the first DeFi AI Agent OS, an open source DeFi Agentic Infrastructure – allowing for the easy deployment of autonomous AI Agents with various decentralized financial abilities (DeFi) subsequently tokenized to form what is called DeAI-Fi. Powered by Open (collective include RSS3 ), A.S.S. is designed to challenge the norms of decentralized finance and beyond. At its core, A.S.S. is set to revolutionize the existing complex UI/UX of DeFi to an autonomous AI agent companion user interface termed AgentUI. The unique positioning of being on Arbitrum, the top Layer-2 (L2) of the Ethereum blockchain with the most DeFi activities is anticipated to help kick off the DeAI-Fi revolution. Find Out More With Overlord being the very first AI Agent launched from A.S.S., we’re setting the stage for a more interactive, AI-driven, and community-centric era in token launches—an era where authenticity and vision eclipse empty speculation. For more information, visit https://AiSweat.Shop or follow @OverlordBot_ on X to launch your token. This content is sponsored and does not serve as an endorsement by Blockworks. The veracity of this content has not been verified and should not serve as financial advice. We encourage readers to conduct their own research before making financial decisions. 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The incident highlights the vulnerability of cross-chain systems, emphasizing the need for robust security measures to prevent transaction delays. The post LayerZero’s Stargate down for 6 hours due to DVN executors malfunction appeared first on Crypto Briefing .
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