The recent incarceration of Luigi Mangione, the suspect in the murder of UnitedHealth Group CEO Brian Thompson, highlights the intertwining of crime and the high-profile world of finance. Arriving at
The suspect in the murder of UnitedHealth Group CEO Brian Thompson, Luigi Mangione, is sharing a facility with fellow high-profile inmates.
George Town, Grand Cayman, December 20th, 2024, Chainwire Gud Tech , Zircuit’s first multichain AI platform for automated finance, is thrilled to announce the success of its $GUD token launch. Built on Zircuit, the AI-powered blockchain for secure DeFi and staking, $GUD is reshaping token distribution with a community-first approach, prioritizing inclusivity and decentralization. In its first week, the $GUD launch has seen over 127M $ZRC tokens staked, locking a total of $9M USD in value. These early results underscore the community’s enthusiasm for a more equitable token economics model and decentralization. The Future of AI on Zircuit is Community-Owned Community-Centric Distribution $GUD tokens are earned by staking $ZRC, Zircuit’s native token, allowing participants to actively engage with the ecosystem. The first distribution phase allocated 2% of the total token supply to participants within the first week, with weekly rewards continuing throughout the fair launch period. A Fair Launch for All Unlike traditional launches, 40% of the $GUD supply was made available on Day 1 through decentralized exchanges on Base and Zircuit. This approach fosters a more equitable distribution, aligning with Gud Tech’’s vision of becoming a truly community-owned AI platform. No Presales or VC Involvement Gud Tech has consciously excluded presale or venture capital funding, ensuring the $GUD token remains in the hands of its users, not institutional investors. This model empowers the community and strengthens decentralization. Users can stake $ZRC tokens to earn weekly $GUD rewards and actively engage in the Gud Tech ecosystem. For more information, users can visit gud.tech . About Gud Tech Gud Tech is the AI platform for automated finance on Zircuit, the world's most secure AI-powered blockchain. At launch, Gud Tech delivers actionable market intelligence. Over time, Gud Tech aims to be the leading platform for AI-powered decentralized finance with new features such as a risk engine and algorithmic strategies. Powered by $GUD, Gud Tech is built on Zircuit, the AI-powered blockchain. To learn more about Gud Tech, users can visit gud.tech , and follow Gud Tech on Twitter/X @gudtech_ai ContactCommunications LeadJennifer ZhengGud Techjen@gud.tech Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Shiba Inu (SHIB) could be on the cusp of a major lift-off following a groundbreaking partnership with Chainlink (LINK), a leader in blockchain interoperability. Announced on Thursday, this collaboration marks a pivotal moment for the Shiba Inu ecosystem, with its Shibarium network now integrating Chainlink’s Cross-Chain Interoperability Protocol (CCIP). Notably, this integration establishes CCIP as the “canonical cross-chain infrastructure” for the Shiba Inu ecosystem, allowing SHIB, BONE, and LEASH tokens to operate seamlessly across 12 different blockchains. Per the announcement, the partnership also promises to open new opportunities for DeFi applications and enhance cross-chain functionality, expanding Shiba Inu’s presence in the broader blockchain ecosystem. For context, the CCIP integration employs a lock-and-mint mechanism for token transfers between Ethereum and other blockchains, while a burn-and-mint mechanism will facilitate transfers across an even wider range of networks. By leveraging Chainlink’s decentralized oracle networks (DONs), Shiba Inu can tap into robust security, which is crucial for safeguarding transactions within its ecosystem. Following the partnership, Shibarium , designed to enhance transaction scalability, speed, and cost-efficiency, is set to benefit even further. Notably, with the integration of Chainlink, Shibarium will unlock new functionalities, including secure cross-chain token transfers and access to real-time, high-frequency market data, which are critical components for driving DeFi markets forward. That said, Johann Eid, Chainlink’s Chief Business Officer, expressed enthusiasm about the collaboration, stating, “ We’re excited to partner with Shiba Inu and help grow its ecosystem. The integration of Chainlink CCIP will enhance its capabilities and drive widespread adoption.” Shiba Inu’s Tech Wizard, Kaal, also praised the development, calling it a “bold new course” to set the stage for broader adoption and multi-chain applications. Elsewhere, in a tweet , the network’s lead developer, Shytoshi Kusama, called the partnership “HUGE news” for SHIB, BONE, and LEASH holders. Lucie, the project’s marketing lead, further highlighted how this partnership would enable Shibarium to connect with major blockchains like Ethereum, BNB Chain, and Avalanche, significantly boosting the exposure and utility of Shiba Inu assets. Meanwhile, the “SHIB army” has expressed excitement and optimism over the partnership, viewing it as a boon for SHIB’s price following a year of largely stagnant performance. Notably, SHIB has faced a steep decline this week, mirroring the broader crypto market downturn. Despite the recent decline, SHIB’s price has reached a critical multi-year support zone near $0.000020. Analysts like “Crypo Latit” anticipate this level will serve as a strong support area, attracting significant buy orders and potentially triggering a robust rebound. At press time, SHIB was trading at $0.00002166, reflecting a sharp 1.7% decline in the past 24 hours. However, trading volume surged by 46.31% during this period to $2.09 billion, indicating heightened interest in SHIB following the partnership announcement.
The Securities and Exchange Commission (SEC) approved two exchange-traded funds (ETFs) tracking indexes that include ETH and BTC, offering exposure to both cryptocurrencies in a single place. The applications by the Hashdex Nasdaq Crypto Index US ETF and Franklin Templeton’s Franklin Crypto Index ETF are the first crypto index funds of this kind approved by the agency. Both funds indicated in the applications that they would like to add other cryptocurrencies to their indexes, with Hashdex specifying Avalanche’s AVAX, Chainlink’s LINK and Litecoin’s LTC. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
George Town, Grand Cayman, December 20th, 2024, Chainwire Gud Tech , Zircuit’s first multichain AI platform for automated finance, is thrilled to announce the success of its $GUD token launch. Built on Zircuit, the AI-powered blockchain for secure DeFi and staking, $GUD is reshaping token distribution with a community-first approach, prioritizing inclusivity and decentralization. In its first week, the $GUD launch has seen over 127M $ZRC tokens staked , locking a total of $9M USD in value . These early results underscore the community’s enthusiasm for a more equitable token economics model and decentralization. The Future of AI on Zircuit is Community-Owned Community-Centric Distribution $GUD tokens are earned by staking $ZRC, Zircuit’s native token, allowing participants to actively engage with the ecosystem. The first distribution phase allocated 2% of the total token supply to participants within the first week, with weekly rewards continuing throughout the fair launch period. A Fair Launch for All Unlike traditional launches, 40% of the $GUD supply was made available on Day 1 through decentralized exchanges on Base and Zircuit. This approach fosters a more equitable distribution, aligning with Gud Tech’’s vision of becoming a truly community-owned AI platform. No Presales or VC Involvement Gud Tech has consciously excluded presale or venture capital funding, ensuring the $GUD token remains in the hands of its users, not institutional investors. This model empowers the community and strengthens decentralization. Users can stake $ZRC tokens to earn weekly $GUD rewards and actively engage in the Gud Tech ecosystem. For more information, users can visit gud.tech . About Gud Tech Gud Tech is the AI platform for automated finance on Zircuit, the world’s most secure AI-powered blockchain. At launch, Gud Tech delivers actionable market intelligence. Over time, Gud Tech aims to be the leading platform for AI-powered decentralized finance with new features such as a risk engine and algorithmic strategies. Powered by $GUD, Gud Tech is built on Zircuit, the AI-powered blockchain. To learn more about Gud Tech, users can visit gud.tech , and follow Gud Tech on Twitter/X @gudtech_ai Contact Communications Lead Jennifer Zheng Gud Tech jen@gud.tech
Market experts have been heavily fixated on two altcoins awaiting their bullish trajectories. These are Dogwifhat (WIF) and IntelMarkets (INTL), which also draw in XRP investors. The bearish price trajectory of Ripple has compelled XRP investors to shift to these altcoins as they promise better gains than Ripple. Dogwifhat (WIF) is set to provide massive gains while INTL’s presale raise of $5 million acts like a magnet. Ripple News: Is XRP Still A Good Investment? Ripple’s native cryptocurrency, XRP, has been a standout performer in the crypto market, surging nearly 500% from $0.50 to $2.60 in recent months. Despite this remarkable growth, Ripple has come under fire in a video titled “Everything That’s Wrong With XRP,” sparking debate within the crypto community. The author argued that XRP’s original role as a bridge currency for cross-border payments has been overshadowed by stablecoins, which offer more stability. Ripple’s recent launch of its stablecoin, RLUSD, has added fuel to this claim. Ripple currently holds over 38 billion XRP tokens and has been selling them to fund operations. This centralization, according to the author, poses risks to XRP’s long-term value. The recent slump in the Ripple price has pulled the XRP token down by over 5%, making the experts believe that the XRP token is going to touch the $2 level. Dogwifhat (WIF) Could Bounce From Support Dogwifhat (WIF) is currently trending bearish, with key support levels at $3.00 and $2.89 and resistance zones at $3.20, $3.29, and $3.40. Technical indicators show Dogwifhat’s (WIF) Relative Strength Index (RSI) is at 43.2630, which is considered neutral. WIF’s Commodity Channel Index (CCI) stands at -105.3984, signaling a buying opportunity for Dogwifhat (WIF), while its momentum is at −0.6793 and MACD level of −0.0634, hinting sell indications. Meanwhile, Dogwifhat’s (WIF) growth to 100% depends on the coin’s ability to sustain bullish momentum, amplify its strong market interest, and ride the positive sentiment around Solana’s market performance. Some analysts suggest that with Trump’s incoming administration in January 2025, the new term could most likely give a significant boost to the cryptocurrency market, as the president-elect is reportedly taking a pro-crypto stance. Meme coins like Dogwifhat (WIF) have already proved they are strong contenders in the market, and with the potential “meme supercycle” approaching next year, Dogwifhat (WIF) could unlock more possibilities. IntelMarkets (INTL): The AI Marketplace on Everyone’s Radar IntelMarkets (INTL) is one of the most innovative projects this year through its AI-powered platform. IntelMarkets leverages artificial intelligence to bring traders real-time insights, predictive analysis, and automated strategies in trading. The Intell-M self-learning trading robots will allow users to process high volumes of data across multiple asset classes, giving them the edge over their competitors. With features like up to 1000x leverage trading, automated robots, and exclusive trading opportunities, IntelMarkets is positioned as a powerhouse for traders looking for advanced solutions. Additionally, by using the INTL token, traders can get access to exclusive deals and copy trades from experts while paying lower fees. One of the best performers in the year’s second half has been IntelMarkets. With over $5 million raised in the ongoing presale, its community of traders and investors is growing at a rapid pace. It exploded 700% from the initial price of INTL tokens, $0.009, to $0.073 in the 8th presale stage, outperforming other new ICOs. The platform’s AI-driven marketplace could transform the $264 billion crypto trading industry, with some experts predicting a 5x rally post-launch. Discover More About IntelMarkets: Presale: https://intelmarketspresale.com/ Buy Presale: https://buy.intelmarketspresale.com/ Telegram: https://t.me/IntelMarketsOfficial Twitter: https://x.com/intel_markets
George Town, Grand Cayman, December 20th, 2024, Chainwire Gud Tech , Zircuit’s first multichain AI platform for automated finance, is thrilled to announce the success of its $GUD token launch. Built on Zircuit, the AI-powered blockchain for secure DeFi and staking, $GUD is reshaping token distribution with a community-first approach, prioritizing inclusivity and decentralization. In its first week, the $GUD launch has seen over 127M $ZRC tokens staked , locking a total of $9M USD in value . These early results underscore the community’s enthusiasm for a more equitable token economics model and decentralization. The Future of AI on Zircuit is Community-Owned Community-Centric Distribution $GUD tokens are earned by staking $ZRC, Zircuit’s native token, allowing participants to actively engage with the ecosystem. The first distribution phase allocated 2% of the total token supply to participants within the first week, with weekly rewards continuing throughout the fair launch period. A Fair Launch for All Unlike traditional launches, 40% of the $GUD supply was made available on Day 1 through decentralized exchanges on Base and Zircuit. This approach fosters a more equitable distribution, aligning with Gud Tech’’s vision of becoming a truly community-owned AI platform. No Presales or VC Involvement Gud Tech has consciously excluded presale or venture capital funding, ensuring the $GUD token remains in the hands of its users, not institutional investors. This model empowers the community and strengthens decentralization. Users can stake $ZRC tokens to earn weekly $GUD rewards and actively engage in the Gud Tech ecosystem. For more information, users can visit gud.tech . About Gud Tech Gud Tech is the AI platform for automated finance on Zircuit, the world’s most secure AI-powered blockchain. At launch, Gud Tech delivers actionable market intelligence. Over time, Gud Tech aims to be the leading platform for AI-powered decentralized finance with new features such as a risk engine and algorithmic strategies. Powered by $GUD, Gud Tech is built on Zircuit, the AI-powered blockchain. To learn more about Gud Tech, users can visit gud.tech , and follow Gud Tech on Twitter/X @gudtech_ai Contact Communications Lead Jennifer Zheng Gud Tech jen@gud.tech
The entire crypto market has been riddled with a notable decline in the past 24 hours, led by Bitcoin’s break below the $100,000 price level again. Dogecoin wasn’t left out of this decline, which saw its price crashing by almost 15% and eventually reaching below $0.31. However, technical analysis suggests that this price decline is very natural in Dogecoin’s current trajectory. This technical analysis offers a silver lining for Dogecoin enthusiasts, as it frames the pullback as a natural phenomenon within the broader ongoing bull cycle. Weekly Golden Cross And Its Implications For The Dogecoin Price Crypto analyst Kevin (Kev_Capital_TA) took to the social media platform X to highlight the significance of Dogecoin’s weekly golden cross amidst the ongoing market downturn. According to Kevin, Dogecoin experienced a weekly golden cross back in early November, coinciding with the US election period. Historically, such technical indicators signal strong bullish momentum to the upside. However, Kevin noted that the current pullback aligns with past patterns where Dogecoin underwent significant corrections following golden crosses. Related Reading: Bitcoin Price Crash Below $100,000 Not The End As Analyst Predicts Another 52% Jump He pointed out that in previous cycles, Dogecoin faced three separate 50% corrections on its path to conclude at a cycle top. This historical behavior provides context for the recent crash to $0.31, which, according to Kevin, is a typical bull market pullback. He emphasized that this kind of retracement is not only expected but also essential for maintaining the market’s bullish structure. Support Levels And The Golden Pocket Zone Kevin’s technical analysis further looks into Dogecoin’s key support levels that could determine the meme coin’s next move. To get these support levels, he outlined the macrostructured support zone and the golden pocket, which is a Fibonacci retracement zone widely regarded as a strong support area. Based on his assessment, a 45% correction from Dogecoin’s recent high would align with these levels and could set the stage for a resumption of the uptrend. Related Reading: Dogecoin Trading Volume Rises Over $6.5 Billion As Liquidations Cross $31 Million, What’s Going On? With that in mind, the recent Dogecoin price high is just around $0.48, a price point that it achieved in early December. Should Dogecoin tap into this golden pocket zone without closing below the $0.26 level on a weekly basis, this should be enough to keep the bullish market structure intact. However, breaking below support at $0.26 could spell trouble for Dogecoin, and cause a shift in its price trajectory in the broader trend. At the time of writing, Dogecoin is trading at $0.3179, marking a steep 12% decline in the past 24 hours and an even more significant 22% drop over the past seven days. This recent decline places Dogecoin at its lowest level since early November, breaking below the $0.35 threshold for the first time in over a month. Nevertheless, the $0.26 support level will remain a focus in determining whether Dogecoin’s bull run is still valid. Featured image created with Dall.E, chart from Tradingview.com
If market conditions support, Bitcoin might double its price in 2025!