December 20, 2024 – Singapore, Singapore Bedrock , one of the leading multi-asset restaking protocols, introduces brBTC – a transformative BTC derivative asset designed to redefine Bitcoin’s role in DeFi (decentralized finance). As Bedrock’s innovative LRT (liquid restaking token), brBTC maximizes Bitcoin yield by enabling holders to deposit a variety of Bitcoin derivatives and earn rewards through a curated selection of advanced restaking protocols. BTCFi 1.0 – A foundation with room to grow The evolution of BTCFi began with BTCFi 1.0, which laid the groundwork for Bitcoin’s integration into DeFi. This phase introduced staking protocols that allowed Bitcoin holders to generate yields, providing a glimpse of Bitcoin’s potential in DeFi. However, BTCFi 1.0 also revealed key challenges – liquidity was fragmented across platforms, restaking opportunities were limited and real-world applications remained largely untapped. A vision for BTCFi 2.0 The launch of brBTC marks the beginning of BTCFi 2.0 – a new concept aimed at addressing current key challenges in BTCFi, such as fragmented liquidity, limited restaking opportunities and a lack of real-world use cases. BTCFi 2.0 introduces a more unified and efficient ecosystem, providing sustainable yield strategies, enhanced security through layer-two solutions and integration with collaborative platforms. In sharing his thoughts on brBTC’s launch, Zhuling Chen, core contributor at Bedrock, said, “BrBTC will be the catalyst for driving BTCFI into its next phase, BTCFI 2.0. It will enable multi-source yield through interoperability and help to secure and unite the fragmented liquidity in the ecosystem.” Echoing this sentiment, Calvin Zhou, another core contributor at Bedrock, added, “By enhancing Bitcoin’s utility and staking capabilities, BTCFi 2.0 and brBTC not only unlock new financial opportunities but also strengthen the overall security and resilience of the decentralized ecosystem.” BrBTC – A game-changer for Bitcoin yield Launching initially on Ethereum and BNB Chain, with plans to expand to additional chains, brBTC empowers investors through three core features. Unified ecosystem BrBTC addresses the challenge of market fragmentation by integrating Bitcoin seamlessly across multiple DeFi platforms. By accepting a wide range of BTC derivative assets as collateral – including WBTC, FBTC, mBTC, cbBTC, BTCB and uniBTC – brBTC creates a cohesive and dynamic ecosystem. Collateral allocations are optimized across multiple staking protocols to ensure holders benefit from the most competitive yields. Enhanced yield strategies BrBTC offers diversified yield-generation options, extending beyond traditional staking by leveraging restaking protocols such as Babylon, Kernel, Pell, SatLayer, Mellow and Symbiotic. Furthermore, to further strengthen brBTC’s liquidity and expand sustainable yield opportunities, Bedrock partners with Thena and MEV Capital. These collaborations ensure a solid and well-supported ecosystem, empowering users to access competitive and scalable restaking solutions. With scalability in mind, additional protocols and partnerships will be introduced over time to enhance yield strategies and unlock even greater opportunities. Real-world applications Engineered with versatility in mind, brBTC bridges the gap between digital assets and tangible utilities. Its applications extend to collateral in financial products, enabling microtransactions, and supporting other real-world financial needs, enhancing Bitcoin’s relevance in both DeFi and TradFi (traditional finance). With BTCFi 2.0, Bedrock is pioneering a new era for Bitcoin holders, offering tools to maximize yield, navigate a more cohesive ecosystem and explore real-world applications. Driven by innovation and collaboration, brBTC is set to play a pivotal role in shaping the future of Bitcoin in DeFi. About Bedrock Bedrock leads the DeFi space with its unique offerings. As the first multi-asset restaking protocol, Bedrock supports BTC, ETH and IOTX liquid restaking. This capability allows users to unlock impressive yields, with some exceeding three digits – all while maintaining asset exposure. Bedrock has proven its dominance by providing the highest Babylon points in cap one and cap two. Backed by notable investors like OKX Ventures and Babylon’s co-founder, Bedrock ensures robust security and seamless cross-chain functionality. Official links Website | App | Docs | Blog | X | Discord | Telegram Contact Adam Wong , head of marketing at Bedrock This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility. Follow Us on Twitter Facebook Telegram Check out the Latest Industry Announcements The post Bedrock Launches brBTC, Introducing BTCFi 2.0 — The Future of Bitcoin Staking appeared first on The Daily Hodl .
Investors who bought the token that “Hawk Tuah” meme star Haliey Welch launched earlier this month are taking legal action against the people behind the project. The price of Welch’s Solana ( SOL )-based memecoin HAWK surged shortly after it went live earlier this month, but the token lost more than 95% of its value a few hours later, leading to accusations of a pump-and-dump scheme. A pump-and-dump scheme is a fraudulent practice in crypto that involves artificially inflating the price of a low-value token through hype and misrepresentation. Once the price of the coin goes up, those behind the scheme sell their holdings at a high price, crashing the price of the token. In a post on social media platform X, New York-based Burwick Law says it just filed a federal lawsuit on behalf of investors who bought the HAWK token. “This case involves claims related to investor protections under federal law and the HAWK TUAH memecoin HAWK launched on December 4, 2024.” According to Newsweek, investors are suing Tuah The Moon Foundation, which handled the proceeds from the sale of HAWK, the coin’s creator OverHere Ltd and its executive, Clinton So, and the token’s Los Angeles-based promoter, Alex Larson Schultz. The court filings say the lawsuit stems from the unlawful promotion and sale of the memecoin, which the defendants offered and sold to the public without proper registration. The plaintiffs claim that they were drawn to the project because of Welch’s involvement but sustained substantial damages after the rapid decline in the token’s value. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Law Firm Files Federal Suit on Behalf of Investors Who Bought Haliey Welch’s Ill-Fated HAWK Memecoin appeared first on The Daily Hodl .
Whales Bet Big on FX Guys: Could $2 Be Just Around the Corner? In the crypto market, whale investors hold the power to influence the price of tokens, and their actions can signal significant price movements. Recently, FX Guys (FXG) has been drawing the attention of big investors, sparking speculation that the price of $FXG could rise substantially shortly. With a growing ecosystem, a robust Trader Funding Program, and the potential for impressive staking rewards, FX Guys could soon be on track to reach $2 or even beyond. Here’s why whales place their bets on FX Guys and what this could mean for investors. >>>BUY $FXG TOKENS HERE 1. FX Guys’ Rising Popularity Among Whale Investors As the crypto market matures, more prominent investors, often called whales, seek projects that offer long-term growth potential. FX Guys has caught their eye due to its strong foundation in the decentralized finance (DeFi) and its $FXG token, which offers both growth potential and passive income opportunities. Whales are known to target projects with solid use cases and scalability, and FX Guys has proven itself as a Top PropFi Project with its innovative approach to Trade2Earn and staking. These key elements of the FX Guys ecosystem provide whales with opportunities to earn consistent returns while holding the token. By betting on FX Guys, whales are positioning themselves for future price increases, driving confidence in the broader market. 2. The Trade2Earn Model: A Game Changer for Investors One key factor that differentiates FX Guys from other projects in the DeFi space is its Trade2Earn model. This innovative mechanism allows users to earn rewards for trading within the ecosystem, incentivizing increased trading volume and liquidity. This model presents a unique opportunity for whales to leverage $FXG tokens while earning rewards through trading activities. The Trade2Earn feature has the potential to increase demand for $FXG tokens significantly, creating upward price momentum. As more traders and whales engage in the ecosystem, the demand for $FXG could rise, bringing the price closer to the $2 mark. 3. Staking for Passive Income and Long-Term Growth Another compelling reason whales are betting on FX Guys is the opportunity to earn passive income through staking. Staking allows token holders to lock up their $FXG tokens in exchange for rewards. This mechanism provides a way for investors to earn regular returns and helps secure the network. For large investors, staking offers an attractive way to gain exposure to $FXG while minimizing risk. By locking in their holdings, whales reduce market exposure while earning rewards that compound over time. As the staking pool grows and more investors participate, the price of $FXG could experience upward pressure, potentially reaching the much-anticipated $2 mark. >>>BUY $FXG TOKENS HERE 4. The Growing Ecosystem and Market Demand FX Guys is more than just a token; it’s a growing ecosystem with many features designed to attract traders and investors alike. From the Trader Funding Program to staking and Trade2Earn, FX Guys has created an environment where small and large investors can thrive. As the FX Guys ecosystem expands, more investors will likely be drawn to the platform. Increased adoption of $FXG tokens will likely lead to higher demand and, in turn, a rise in the token’s price. If the momentum continues, it’s entirely possible that FX Guys could hit the $2 mark sooner than expected. 5. Why $2 Could Be Just Around the Corner for FX Guys For FX Guys, the road to $2 is paved with solid fundamentals and an increasing user base. With whales betting on $FXG, the token’s potential for significant price appreciation is growing. Several factors point to $FXG reaching the $2 milestone: The success of the Trader Funding Program and staking incentives drive increased investor interest. Trade2Earn boosts demand for the token, increasing liquidity and market engagement. A robust ecosystem that continues to attract more traders and investors. As FX Guys continues to build its ecosystem, whales are not the only ones noticing. Retail investors also see the value in $FXG, making this token a potential breakout candidate for the coming years. With $2 on the horizon, now could be the perfect time to get involved in the FX Guys ecosystem. >>>BUY $FXG TOKENS HERE Conclusion: The Future of FX Guys Looks Bright As whales place big bets on FX Guys, it’s clear that the future of $FXG holds significant promise. With its innovative Trade2Earn model, attractive staking rewards, and a growing ecosystem, FX Guys is well-positioned to experience substantial growth. While the crypto market can be volatile, the strong fundamentals behind FX Guys make it a compelling investment opportunity. If the current trends continue, $FXG could be on its way to $2, bringing substantial gains to early investors. To find out more about FXGuys follow the links below: Presale | Website | Whitepaper | Socials | Audit Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here .
Lahore, Pakistan, December 20th, 2024, Chainwire O.XYZ , the leading decentralized Super AI project, announces the launch of OSOL100 , a first-of-its-kind AI index token designed to capture the cumulative value of Solana’s top 100 AI projects. This innovative token provides users with direct exposure to Solana’s AI infrastructure, agents, and meme tokens, all through one easily managed and fully transparent investment tool. OSOL100 simplifies investment strategies while enhancing portfolio diversification. It tracks and represents the performance of the top 100 AI-focused projects within Solana’s thriving ecosystem, offering accessibility to the most promising developments. Each OSOL100 token functions as a decentralized share of the fund, hosted on DAOS.fun, providing proportional exposure to its assets. Launched by O.XYZ, OSOL100, OSOLDOCS aligns with the company’s mission to create the world’s first Sovereign Super AI — an AI owned and governed by the community to benefit humanity. Powered by SuperMissO, the first AI CEO in development, OSOL100 embodies O.XYZ’s vision of an autonomous, community-led future. OBOT token holders gain exclusive access to OSOL100, enhancing the value and utility of their existing holdings. About O.XYZ O.XYZ aims to reshape artificial intelligence by developing systems independent of corporate control. It focuses on making AI technology accessible, transparent, and community-driven, ensuring superintelligence serves humanity's interests. O.XYZ's technical foundation centers on building an AI ecosystem designed to be shutdown-resistant and self-led. Their key initiatives include developing 'Sovereign Super intelligence,' creating decentralized infrastructure, and researching hyper-fast AI systems. The project operates under the O.Systems Foundation, led by Ahmad Shadid. Shadid, who previously founded IO.NET– a $3B Solana DePIN — brings his experience to O.XYZ's work on building an autonomous, community-led AI ecosystem. ContactVP Biz DevHassan TariqO.XYZhassan@o.xyz 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.
Lahore, Pakistan, December 20th, 2024, Chainwire O.XYZ , the leading decentralized Super AI project, announces the launch of OSOL100 , a first-of-its-kind AI index token designed to capture the cumulative value of Solana’s top 100 AI projects. This innovative token provides users with direct exposure to Solana’s AI infrastructure, agents, and meme tokens, all through one easily managed and fully transparent investment tool. OSOL100 simplifies investment strategies while enhancing portfolio diversification. It tracks and represents the performance of the top 100 AI-focused projects within Solana’s thriving ecosystem, offering accessibility to the most promising developments. Each OSOL100 token functions as a decentralized share of the fund, hosted on DAOS.fun, providing proportional exposure to its assets. Launched by O.XYZ, OSOL100, OSOLDOCS aligns with the company’s mission to create the world’s first Sovereign Super AI — an AI owned and governed by the community to benefit humanity. Powered by SuperMissO, the first AI CEO in development, OSOL100 embodies O.XYZ’s vision of an autonomous, community-led future. OBOT token holders gain exclusive access to OSOL100, enhancing the value and utility of their existing holdings. About O.XYZ O.XYZ aims to reshape artificial intelligence by developing systems independent of corporate control. It focuses on making AI technology accessible, transparent, and community-driven, ensuring superintelligence serves humanity’s interests. O.XYZ’s technical foundation centers on building an AI ecosystem designed to be shutdown-resistant and self-led. Their key initiatives include developing ‘Sovereign Super intelligence,’ creating decentralized infrastructure, and researching hyper-fast AI systems. The project operates under the O.Systems Foundation, led by Ahmad Shadid. Shadid, who previously founded IO.NET– a $3B Solana DePIN — brings his experience to O.XYZ’s work on building an autonomous, community-led AI ecosystem. Contact VP Biz Dev Hassan Tariq O.XYZ hassan@o.xyz
Japanese investment firm Metaplanet is pushing boundaries by leveraging debt to significantly expand its Bitcoin holdings, mirroring strategies from industry leaders. Despite shareholder skepticism, Metaplanet’s bold strategy reflects a growing
The U.S. economy is heading straight for a wall. All signs point to a recession in 2025. It’s not even subtle. Economists, analysts, and market watchers are connecting the dots, and the picture isn’t pretty. The Walmart Recession Signal is screaming danger. This signal tracks Walmart’s stock price against the S&P Global Luxury Index, and guess what? It’s at its highest point since the world shut down in 2020. Walmart shares jumped a whopping 83% this year, while luxury goods stocks flatlined. History shows us what happens when this gap widens this much: a recession. Every. Single. Time. Consumers are tapped out, and unemployment is creeping up Americans are out of money. That’s the reality. Pandemic-era savings? Gone. Those stimulus checks that once kept people spending like the party would never end? Spent. Consumer spending, which is the backbone of the U.S. economy, is starting to sag under the weight of exhausted wallets. Retailers are feeling it. Restaurants are feeling it. The entire economy is bracing for impact. Continuing unemployment claims are up 15% compared to pre-pandemic levels. While unemployment rates aren’t skyrocketing yet, the cracks are showing. Rising claims mean more people are losing their jobs, and fewer are finding new ones quickly. If this trend keeps up, it’ll only feed into the recession spiral. Wages? Sure, they’ve risen, but not enough to keep up with inflation. People might be earning more on paper, but in reality, they’re buying less. That’s how recessions start. And about inflation—it’s still here. It’s better than the nightmare 9.1% peak back in June 2022, but October’s 2.6% rate shows we’re far from out of the woods. Economic forecasts clash, but the risks are clear Experts can’t agree on just how bad it’ll get, but no one’s denying the risks anymore. BCA Research is practically betting on a recession for both the U.S. and Canada next year. Their argument? The labor market is too shaky, and consumer spending is falling off a cliff. It won’t be another 2008-style disaster, but it’ll hurt. Goldman Sachs, ever the optimist, says not so fast. They’re banking on 2.5% GDP growth for 2025 and put the odds of a recession at just 15%. They’re clinging to the hope that policy changes under the next administration won’t shake things up too much. But then there’s J.P. Morgan, throwing water on Goldman’s sunny outlook. They’re pegging the recession risk at 45%, citing a shrinking money supply and potential global shocks as key threats. Let’s talk numbers. GDP growth predictions for 2025 are all over the place. Goldman’s 2.5% is on the high end, while some estimates go as low as 1.9%. The unemployment rate? That’s expected to hover around 4.2%, but if inflation stays controlled, it could drop closer to 3.5%. And the Federal Reserve? They’re unlikely to cut interest rates more than twice next year, so inflation will likely fire up as early as January. Global tensions and Trump’s policies As if the domestic economy wasn’t fragile enough, global risks are piling on. The Russia-Ukraine war continues to mess with energy prices and supply chains. Meanwhile, China’s economy is slowing down, and that’s bad news for everyone. If Chinese demand for U.S. exports drops, it’ll hit American manufacturers and farmers hard. And let’s not forget the commercial real estate sector, which is already feeling the heat from higher interest rates. Rising vacancies and falling investments in this space could spill over into broader financial markets. Then there’s Donald Trump. His return to the White House in January 2025 will come with a new set of policies, and some of them could tip the scales. His plans for tariffs are already raising eyebrows. A proposed 25% tariff on imports from Canada and Mexico and a 10% tariff on Chinese goods could drive prices up across the board. Goldman Sachs estimates these tariffs alone could boost inflation by nearly one percentage point. That’s the last thing the economy needs. And trade relations? Those could get ugly fast. Tariffs tend to spark retaliation, and a full-blown trade war could wreck supply chains and kill growth. Businesses that rely on cross-border trade would take a direct hit, leading to layoffs and higher prices for consumers. Trump’s tax policies might provide a short-term boost but could also backfire. Extending tax cuts for individuals and corporations sounds great until you realize it’ll likely balloon the federal deficit. If the economy doesn’t grow fast enough to offset the lost revenue, we’re looking at higher borrowing costs and a potential loss of investor confidence. From Zero to Web3 Pro: Your 90-Day Career Launch Plan
Lahore, Pakistan, December 20th, 2024, Chainwire O.XYZ , the leading decentralized Super AI project, announces the launch of OSOL100 , a first-of-its-kind AI index token designed to capture the cumulative value of Solana’s top 100 AI projects. This innovative token provides users with direct exposure to Solana’s AI infrastructure, agents, and meme tokens, all through one easily managed and fully transparent investment tool. OSOL100 simplifies investment strategies while enhancing portfolio diversification. It tracks and represents the performance of the top 100 AI-focused projects within Solana’s thriving ecosystem, offering accessibility to the most promising developments. Each OSOL100 token functions as a decentralized share of the fund, hosted on DAOS.fun, providing proportional exposure to its assets. Launched by O.XYZ, OSOL100, OSOLDOCS aligns with the company’s mission to create the world’s first Sovereign Super AI — an AI owned and governed by the community to benefit humanity. Powered by SuperMissO, the first AI CEO in development, OSOL100 embodies O.XYZ’s vision of an autonomous, community-led future. OBOT token holders gain exclusive access to OSOL100, enhancing the value and utility of their existing holdings. About O.XYZ O.XYZ aims to reshape artificial intelligence by developing systems independent of corporate control. It focuses on making AI technology accessible, transparent, and community-driven, ensuring superintelligence serves humanity’s interests. O.XYZ’s technical foundation centers on building an AI ecosystem designed to be shutdown-resistant and self-led. Their key initiatives include developing ‘Sovereign Super intelligence,’ creating decentralized infrastructure, and researching hyper-fast AI systems. The project operates under the O.Systems Foundation, led by Ahmad Shadid. Shadid, who previously founded IO.NET– a $3B Solana DePIN — brings his experience to O.XYZ’s work on building an autonomous, community-led AI ecosystem. Contact VP Biz Dev Hassan Tariq O.XYZ hassan@o.xyz
Bitcoin (BTC) is currently worth around $94,000 after trading above $108,000 earlier this week. While traders continue to take profits, analysts believe the cryptocurrency still has room for growth. According to an X thread by Rafael Schultze-Kraft, the co-founder of the on-chain market intelligence platform Glassnode, over 20 charts and metrics suggest BTC has yet to form its top for this cycle. More Room for Growth The Market Value to Realized Value (MVRV) metric, which measures unrealized profitability, is currently hovering around 3. Historically, this indicator has signaled overheating above 7; hence, there is still room for BTC to grow. Also, the top MVRV Pricing Band, which is obtained from calculating the number of days the MVRV has traded at extreme levels, is currently at the 3.2 level. Schultze-Kraft mentioned that analyzing long-term holder (LTH) profitability metrics like the Relative Unrealized Profit and LTH Net Unrealized Profit/Loss can offer insights into the risks of profit-taking. These metrics just entered the euphoria zone, hitting the 0.75 level. In 2021, BTC rallied approximately 3x after the indicators entered this zone and topped when they hit 0.9+. Another metric to look at is the Yearly Realized Profit/Loss Ratio, which monitors coin spending among investors. The Glassnode founder disclosed that this indicator peaked above 700% in previous cycles, however, it is currently around 580%. One more indicator to watch is the Market Cap to Thermocap Ratio, which is not close to previous extremes. Historical data has shown that BTC tops occur when this metric reaches a multiple of 32-64; however, the metric currently hovers at the bottom of this range. The top band of this metric will put Bitcoin’s market cap above $4 trillion. BTC Top at $230K? Furthermore, the Investor Tool metric suggests BTC could top at $230,000. The Bitcoin Price Temperature indicator counters this suggestion but places a BTC top at $151,000. Moreover, the Value Days Destroyed Multiple, which compares near-term coin days destruction to the yearly average to determine increasing spending of older coins that eventually overpower demand, sits at 2.2. With previous extreme values above 2.9, the indicator suggests room for growth. Schultze-Kraft listed other metrics and charts, including the Mayer Multiple, the Cycle Extremes Oscillator Chart, the Pi Cycle Top Indicator, the LTH Inflation rate, the Sell-side Risk Ratio, and the Short-term Holder Spent Output Profit Ratio. While these indicators have placed bitcoin’s cycle top at different levels, they all suggest that the digital asset is only halfway through this bull run. The post These Metrics Suggest Bitcoin Still Has Room for Growth, According to Glassnode Founder appeared first on CryptoPotato .
Bitcoin (BTC) has been talked about for breaking records lately, but it has also been talked about for the sharp decline it has experienced in the last few days. The latest hawkish signals from the FED have put pressure on financial markets and pulled cryptocurrencies down. Analysts who stated that the decline in Bitcoin is a correction stated that the latest decline looks like year-end profit taking. While Bitcoin's recent price movements raise questions among crypto investors, a tweet by former Binance CEO Changpeng Zhao in 2020 became a trending topic again after 4 years. At this point, CZ's tweet on December 17, 2020, aimed at investors who were worried about the declines in the bull cycle, came to the fore again. “Waiting for new headlines: Bitcoin crashes from $101k to $85k. Save this tweet,” CZ said in 2020. When CZ made this post in December 2020, Bitcoin was around $20,000. Afterwards, BTC started a big rally and rose to $64,000 in April 2021. After that, BTC reached ATH by reaching $69,000 in November 2021. While CZ's tweet partially came true, it remains to be seen whether the declines will continue. *This is not investment advice. Continue Reading: Former Binance CEO CZ's Bitcoin (BTC) Post Became a Trending Issue Again After Four Years! He Said "Save This Tweet"!