A number of large tales and developments have occurred within the crypto house this week, together with Binance itemizing three AI agent tokens, Grayscale revealing 39 belongings to be included in its funding merchandise, and Donald Trump’s Inaugural Crypto Ball.
XRP additionally soared to a six-year excessive with cascading impacts on the crypto market, and JPMorgan predicted a $14 billion market from potential XRP and Solana ETFs.
Binance Lists Three AI Agent Tokens to Nice Success
Binance, one of many world’s main crypto exchanges, listed three new AI agent tokens on January 10. The agency additionally allowed zero-fee buying and selling on the three tokens: aixbt by Virtuals (AIXBT), ChainGPT (CGPT), and Cookie DAO (COOKIE). Instantly after the itemizing befell, all three belongings spiked over 40%.
Many influential voices throughout the crypto {industry} have gotten more and more bullish on AI brokers. Yesterday, for instance, OKX Ventues recognized them as a key funding space for 2025, and Nvidia’s CEO claimed it would develop into a multi-trillion-dollar {industry}.
The efficiency of those three tokens showcases the rising hype of AI brokers all through the crypto neighborhood.
Grayscale Reveals 39 Altcoins For Funding Consideration
Grayscale, one of many main ETF issuers, revealed an in depth listing of potential new crypto funding choices, together with meme cash and AI tokens.
In complete, the agency is contemplating including 39 altcoins to its lineup of investible digital belongings. They fall into 5 classes: currencies, Good Contract Platforms, Financials, Client and tradition, and Utilities and providers.
“The list is subject to change intra-quarter as some multi-asset funds reconstitute and we launch new single-asset products,” Grayscale claimed.
Grayscale has beforehand added a blitz of latest crypto choices on this method. For instance, it posted 35 tokens final October, however not all of them made it to an official listing.
A number of of those belongings, reminiscent of KAS, APT, ARB, and TIA, had been on each lists. Different discrepancies between these two rosters reveal Grayscale’s altering priorities.
Prior to now few months, Grayscale has evidently positioned the next precedence on AI brokers, however just a few sectors, reminiscent of meme cash, RWAs, and DePINs, are additionally rising in prominence.
The First-Ever “Crypto Ball” Will Take Place Forward of Trump’s Inauguration
David Sacks, Trump’s newly appointed AI and Crypto Czar, can be internet hosting the first-ever Crypto Ball. This black-tie occasion offered out its lower-tier $2,500 tickets, highlighting the robust enthusiasm for the occasion.
A number of distinguished companies have backed it, together with Coinbase, Sui, Mysten Labs, Metamask, Galaxy, Ondo, Solana, and MicroStrategy.
“This exclusive event features $100,000 VIP tickets and $1 million private dinner packages with Trump. Major sponsors like Coinbase, MicroStrategy, and Galaxy Digital are backing the event, signaling a shift toward a pro-crypto US administration,” Mario Nawfal wrote on X (previously Twitter).
Since his election victory in November, Trump has promised a sweeping array of pro-crypto reforms within the US. At the moment, the President-Elect will not be anticipated to personally attend, however different pro-industry officers will make an look. Trump can also be anticipated to signal a pro-crypto govt order on his first day in workplace.
XRP Surged to an All-Time Excessive at $3.39
Ripple’s altcoin, XRP, soared to its highest value in over seven years, prompting plenty of modifications within the broader crypto ecosystem. A number of XRP-based meme cash, reminiscent of ARMY, PHNIX, and LIHUA, posted spectacular beneficial properties attributable to XRP’s devoted base of supporters.
XRP additionally outperformed different cryptoassets prior to now week, contributing to this sense of optimism. Earlier immediately, its buying and selling quantity topped $20 billion, fueled by hypothesis that Trump could assist a US reserve of a number of belongings, not simply Bitcoin.
JPMorgan Predicts XRP, SOL ETF Market at $14 Billion
Analysts from main funding financial institution JPMorgan claimed that the ETF marketplace for XRP and SOL may attain $14 billion. These analysts predicted that an XRP ETF could be the extra worthwhile of the 2 however concluded that each are prone to win SEC approval in 2025.
“The key question here remains the uncertainty of investor demand for additional products and whether new crypto ETP launches will matter,” JPMorgan analysts together with Kenneth Worthington claimed.
Earlier this yr, Ripple CEO Brad Garlinghouse claimed that an XRP ETF is inevitable, and this prediction is wanting more and more seemingly.
SEC Chair Gary Gensler is about to resign from his place alongside the CFTC chair, and each positions can be changed by {industry} advocates. Monetary regulation within the US is about to get much more pro-crypto.
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