Kategorie: Altcoin News

Altcoin news about alternative blockchains and its crypto ecosystems.

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Safe AI Agent Hackathon Launches with over $200,000 in Bounties for AI-Native Smart Accounts

Safe-powered AI agent Freysa will join leading Crypto x AI founders from Ai16z, Consensys, Kraken, and more to judge the two-week virtual hackathon

Safe Ecosystem Foundation proudly unveils Safe Agentathon—the first-ever hackathon focused on DeFAI, which fuses the power of the decentralized financial ecosystem with AI-driven analytics and automation. Unlocking unprecedented onchain expressivity, DeFAI will empower the future of decentralized intelligence. 

Running from February 3-17, 2025, Safe’s Agentathon offers over $200,000 in partner bounties to developers pushing the boundaries of AI innovation. The event will feature bounties and expert judges from the forefront of crypto and AI, including Ai16z, Celo, Creator.Bid, Consensys, Bitte.AI, Kraken, Optimism, Polymarket, Vader, Virtuals, and Zerebro.  

Joining the panel of judges is Freysa, an AI agent on a public journey towards full sovereignty – powered by her Sovereign Agent Framework, within which Safe’s wallet infrastructure is a core component. Having advanced her memory, complex reasoning, and understanding through her human vs. machine games, involving over 1,000 participants and $100,000 in rewards, Freysa is an excellent showcase of the potential smart accounts have to accelerate innovation for on-chain AI agents.

Lukas Schor, co-founder of the Safe project and president of the Safe Ecosystem Foundation, said, “Truth Terminal doesn’t lie. AI agents need to be equipped with a wallet to be truly autonomous. Soon, we could see autonomous agents programmed with smart account features like spending limits, account recovery, and protocol whitelisting. Safe’s Agentathon is harnessing this critical moment to establish a DeFAI-powered, autonomous agent economy that can break down barriers to digital ownership for future generations.” 

Participants in the Safe Agentathon will explore groundbreaking use cases to enhance the capabilities and autonomy of AI agents through innovative applications of Safe smart contracts and associated modules/guards. To incentivize innovation, the $200,000 in bounties will be distributed across multiple specialized tracks, including decentralized finance, governance, and treasury management. 

Safe Ecosystem Foundation invites developers, researchers, and innovators from around the globe to participate in the Agentathon and redefine the intersection of AI and crypto. Registration opens January 27, 2025, at https://safe.global/ai 

About Safe

Safe (previously Gnosis Safe) is an onchain asset custody protocol, securing ~$100 Billion in assets today. Released as an open source software stack by the Safe Ecosystem Foundation, it is establishing a universal ‘smart account standard for secure custody of digital assets, data, and identity. Safe is built for the mission to unlock digital ownership for everyone in web3, including DAOs, enterprises, retail, and institutional users.

About Safe Ecosystem Foundation

The mission of the Safe Ecosystem Foundation is to support the development of Safe technology, to strengthen Safe technology and to promote the Safe Ecosystem. The Safe Ecosystem Foundation is a non-profit organisation based in Zug, Switzerland, that helps educate people about Safe smart accounts and promotes Safe technology through the provision of grants  and organizing hackathons.

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MEXC’s Insurance Fund Account Provides $414M+ to Mitigate Traders’ Bankruptcy Losses

MEXC, a leading global cryptocurrency exchange, has provided over $414 million through its Insurance Fund Account to cover deficits that occur when users’ losses during liquidation exceed their available margin as of January 23, 2025. This impressive figure underscores MEXC’s commitment to asset security and risk mitigation. Combined with Proof of Reserve, MEXC offers traders robust protection against extreme market fluctuations. 

How MEXC’s Insurance Fund Account Mitigates Risk for Traders

The MEXC Insurance Fund Account, launched in November 2024, is specifically designed to protect traders from extreme market fluctuations, such as those experienced during a bull run, where rapid price swings can lead to a user’s account value to dip below the required margin level, triggering a liquidation. Should the liquidation price be worse than expected, resulting in losses that exceed than the available margin (a scenario known as bankruptcy), the Insurance Fund steps in to cover these excess losses, thus facilitating a smoother liquidation process.

The fund is continually replenished by surpluses generated from liquidation orders executed at better-than-expected prices, ensuring its stability and ongoing protection during periods of high volatility. 

In line with its commitment to transparency, MEXC provides users with direct access to both current and historical insurance fund amounts for various cryptocurrencies on the platform.

In addition, MEXC provides Proof of Reserve to ensure asset safety and maintain transparency for its users. This allows users to trade with confidence, free from concerns about withdrawal runs. The reserve rates are updated every two months. As of Dec 1, 2024, the latest reserve rates for various cryptocurrencies are as follows:

  • USDT: 104.52%
  • USDC: 116.52%
  • BTC: 105.88%
  • ETH: 105.65%

By offering high leverage alongside an Insurance Fund Account and Reserve Rate exceeding 100%, MEXC ensures multiple layers of protection to safeguard traders’ positions and ensure asset security. 

The Go-To Platform for Seamless Crypto Trading

In addition to implementing robust safety measures to ensure a secure trading environment, the platform offers a variety of features and services designed to enhance the user experience. These features help traders minimize costs and maximize returns. MEXC is committed to empowering traders by enabling investments across the widest range of assets, ensuring safe and seamless transactions regardless of market conditions.

  • M – Most Trending Tokens: MEXC is known for its rapid token listings and diverse selection of popular tokens, helping users capitalize on emerging opportunities. To date, over 3,000 tokens have been listed on the platform.
  • E – Everyday Airdrops: MEXC makes it easy for users to engage in daily airdrop events and receive substantial rewards without complex procedures. In 2024, the platform completed 2,293 airdrop events, distributing over $136 million in rewards.
  • X – Xtremely Low Fees: MEXC offers highly competitive trading fees, helping users reduce costs and maximize their growth potential.
  • C – Comprehensive Liquidity: Backed by strong liquidity and market depth, MEXC ensures the efficient and seamless execution of every transaction, minimizing slippage even during volatile conditions.

These features have helped MEXC attract over 30 million users across over 170 countries, establishing it as the platform of choice for an increasing number of traders around the world.

Learn more about the MEXC Insurance Fund Account.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto”. Serving over 30 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

Risk Disclaimer:

The information provided in this article about cryptocurrencies does not represent MEXC’s official stance or investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully evaluate market fluctuations, project fundamentals, and potential financial risks before making any trading decisions. 

The post MEXC’s Insurance Fund Account Provides $414M+ to Mitigate Traders’ Bankruptcy Losses appeared first on CoinJournal.

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Shiba Inu price prediction: Analysts predict 10x for SHIB, but this AI competitor could see much bigger returns as whale activity spikes

The Shiba Inu price has recently been making headlines with news of an incoming uptrend. Amid much speculation, analysts have revealed that a 10x surge is the most realistic expectation for the Shiba Inu price. On the other hand, an AI competitor has been raging with extreme whale activity, and some of the most bullish analysts are predicting that for this one, investors just might see up to 1000x gains. This AI competitor is WallitIQ (WLTQ), a fast-rising force in the crypto world. 

Analysts Say The Shiba Inu Price May Surge 10x Its Current Price  

The Shiba Inu price has dipped by about 6% over the past week. It’s now trading around $0.000019, representing a 7% drop over the month. There were a couple of predictions of a Shiba Inu price surge this season; therefore, this downtrend has disappointed traders. 

Analysts explain, though, that the Shiba Inu community recently burnt tokens to reduce its large circulating supply and increase demand. This move is expected to boost the Shiba Inu price, potentially raising it 10x to $0.00019. While that sounds great, investors are not ready to settle for less. Therefore, whale support has shifted from the Shiba Inu price to an AI competitor token, WallitIQ (WLTQ). 

This AI competitor brings hope of a 1000x rally and has received massive whale support in recent months. WallitIQ’s (WLTQ) potential is mouth-watering, including the ability to raise about $5m in monthly revenue. Analysts predict this AI competitor will take the $700 billion crypto wallet and AI market by storm, bringing life-changing gains for investors who key in now. 

WallitIQ (WLTQ) Could Be The AI Competitor That Changes The Crypto World 

A major reason why WallitIQ (WLTQ) is receiving such massive whale attention is because of its irresistible AI features. Especially since it launched the first version of its crypto wallet management app, this AI competitor has rapidly garnered whale support. 

WallitIQ (WLTQ) offers users the chance to view real-time market data. With its CoinGecko API integration, investors can track the prices of various cryptocurrencies live. This interactive feature lets users tap on each currency to view its price trend over different timeframes. 

Additionally, WallitIQ (WLTQ) currently supports simulated transactions, meaning users can test out crypto transfers without worrying about mistakes or unintended consequences. This AI competitor platform supports virtual transfers for common purchases such as food delivery and movie subscriptions. 

WallitIQ (WLTQ) assures users of security with a complete smart contract audit with SolidProof. The platform soon plans to integrate customizable price alerts, allowing users to select which assets they want to get regular updates about. Analysts say this and many other upcoming features will spike whale interest even further.

A favorite feature that has accelerated whale investment is the platform’s modern and user-friendly interface. While many crypto management platforms are complex, WallitIQ (WLTQ) uses visually attractive design components to improve user experience. The platform is easy to use and responsive. 

For now, the altcoin has raised over $6 million in concluded presales as crypto whales bought more than 350 million tokens. The ongoing presale, selling for $0.0420, has raised about $400,000 in just a few days. At this rate, analysts say the WallitIQ (WLTQ) presale will end soon, and investors have limited time to join if they want to enjoy game-changing returns. 

Conclusion 

As analysts predict a 10x gain for the Shiba Inu price, they also project a 1000x rise for WallitIQ (WLTQ), the AI competitor. The best choice is glaring, and many crypto whales have made a smart choice by joining the WallitIQ (WLTQ) presale. 

It’s up to each investor: a 10x reward from a meme coin that has danced around the same mark for months, or the possibility of a 1000x surge from a new player with lots of untapped opportunities? Make the smartest crypto move today by joining the WallitIQ (WLTQ) presale for $0.0420 only. 

Join the WallitIQ (WLTQ) presale and community: 

Join WallitIQ (WLTQ) Presale

Join the WallitIQ (WLTQ) Community

The post Shiba Inu price prediction: Analysts predict 10x for SHIB, but this AI competitor could see much bigger returns as whale activity spikes appeared first on CoinJournal.

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How the Fed’s latest decision could affect crypto markets in 2025

Bitcoin may have kicked off 2025 with a rebound back to $100,000, but since the release of the U.S. Federal Reserve’s December 2024 Federal Open Market Committee meeting on Jan. 8, the BTC/USD exchange rate dropped to as low as $91,220.84.

Bitcoin has stabilized at around $95,000 since then, but concerns run high whether further news about the future direction of interest rates and monetary policy will result in an additional negative impact to the performance of Bitcoin and other cryptocurrencies.

As cryptocurrencies have entered the financial mainstream, they have become increasingly sensitive to policy changes from the Federal Reserve. With this in mind, let’s take a closer look at the latest news from the Fed, and see what it could mean for the performance of both Bitcoins and altcoins in the months ahead.

Why Cryptos Fell on The Latest Fed News

As revealed in the aforementioned Fed meeting minutes, the central bank once again cut interest rates by 0.25%, or 25 basis points. This was in line with expectations. However, while the latest rate cuts arrived as expected, other takeaways from the meeting minutes caught investors off-guard.

Namely, the Fed’s signaling of its plans to reduce the number of 25-basis point rate cuts in 2025. Before the meeting minutes hit the street, the market was still expecting four such cuts throughout the year. The latest remarks from Fed officials regarding quantitative tightening also suggested that the “Fed pivot” this year will not be as rapid of a shift from hawkish to dovish as previously anticipated.

Taking this into account, it’s not completely surprising that Bitcoin has once again encountered negative volatility. Nor is it surprising that more volatile altcoins, like Ethereum, Solana, and Dogecoin, have all experienced double-digit declines over the past week. As “risk-on” assets, cryptocurrencies, especially altcoins, perform better during times of accommodative fiscal policy.

Yet while the Fed may be not turning as dovish as previously expected, and is in fact continuing to engage in monetary tightening, the impact of these policy decisions on cryptocurrency prices in 2025 may not be as dire as it seems at first glance.

What This Means for Bitcoin and Altcoin Prices in 2025

Although the cryptocurrency market reacted negatively to the Fed’s current policy gameplan, said plans could still result in further upside for Bitcoin and other cryptocurrencies. For one, the planned implementation of fewer 25 basis-point rates still means a further loosening of monetary policy, helping to justify additional upside for this “risk-on” asset class.

Second, with regards to Bitcoin, other positive factors are at play that could drive further upside for the largest cryptocurrency by market capitalization. These include increased institutional and retail investor allocation, as well as the specter of a more favorable crypto regulatory environment from the incoming Trump administration.

Binance CEO Richard Teng commented on what we can expect in the crypto industry in 2025, “We expect to see development across all aspects. Crypto regulation saw great growth across the world in 2024 and we expect to see more in 2025. Given the recent U.S. presidential election and expected crypto regulation from its new government, we expect to see other countries follow the lead from the U.S. and enact more legislation across the world.”

Teng continues, “In terms of institutional interest, financial giants like BlackRock and Fidelity entered the crypto business in 2024, and we expect to see more new players next year. More companies are learning about crypto and integrating crypto features like tokenization into their business. This is a trend that has grown for years and we expect to see more development in.”

Admittedly, the recently-announced changes to the Fed’s rate cut plans could still negatively impact the performance of altcoins in the short-term. Altcoins are much more sensitive to changes in fiscal policy. Nevertheless, if a bull market continues in Bitcoin, chances are it will spill over into the altcoin space as well. Investors profiting from a continued run up in the price of Bitcoin could cycle their gains into Ethereum, XRP, Solana, and other major and emerging altcoins.

The Bottom Line

Over a longer timeframe, the Fed’s decision to more cautiously lower interest rates and loosen fiscal policy may do little to threaten the long-term bull case for cryptocurrencies. Due to a variety of trends, including the proliferation of exchange-traded cryptocurrency investment products, institutional and retail capital inflows into cryptocurrencies are poised to continue.

Of course, nothing’s for certain. For instance, following the latest jobs report, there is growing doubt whether the Fed will further walk back its 2025 rate cut plans. Even if the Fed sticks to its current plan, this asset class is likely to stay highly volatile. Caution and patience remain key.

Nevertheless, taking into account not just the Fed news,but the other positive trends at play as well, the opportunity for long-term price appreciation with Bitcoin and other cryptocurrencies is still on the table.

The post How the Fed’s latest decision could affect crypto markets in 2025 appeared first on CoinJournal.

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MEXC to Introduce APT Launchpool with 31,500 APT Rewards

MEXC, the world’s leading cryptocurrency trading platform, is excited to announce the launch of its second Launchpool initiative for the renowned blockchain project Aptos (APT). In addition to this initiative, MEXC is offering zero-fee spot and futures trading for APT. This event reflects MEXC’s commitment to advancing the Aptos ecosystem. By offering users the opportunity to stake USDT, MX, and APT to earn from a reward pool of 31,500 APT tokens, this collaboration further strengthens the development of the Aptos ecosystem and promotes innovation in the blockchain industry.

MEXC Continues to Support the Aptos Ecosystem with the Launch of APT Launchpool

Aptos is an independent Layer 1 blockchain platform focused on safety and scalability driving growth within a decentralized network and developer ecosystem. Aptos is specifically designed to address critical challenges faced by blockchain technology, such as frequent transaction interruptions, high costs, low throughput limits, and security vulnerabilities, enabling developers to build DeFi solutions, NFTs, and other Web3 applications. Its ecosystem spans over 170 projects across various sectors, including DeFi, NFTs, gaming, and more.

Supported by prominent investors like a16z and Coinbase Ventures, Aptos stands out as a highly scalable and secure platform, providing a robust foundation for the growing Web3 ecosystem. The network has experienced impressive growth, with Total Value Locked (TVL) surpassing $1 billion as of 2024, reflecting a 19x year-over-year increase. Daily active addresses have surged 10x in 2024, growing from 70K in January to a peak of 1.2 million in late November, highlighting the ecosystem’s significant expansion and adoption.

Celebrate the APT Launchpool with a Prize Pool of Over $300,000

As a pioneer in the cryptocurrency industry, MEXC continues to foster innovation and support emerging blockchain ecosystems. The Launchpool listing and APTOS event, running from January 23, 2025, 10:00 (UTC) to January 26, 2025, 10:00 (UTC), offer an exciting opportunity for participants to earn rewards. A total prize pool of 31,500 APT tokens will be distributed. This event underscores MEXC’s ongoing commitment to advancing blockchain innovation and providing valuable opportunities to the crypto community.

These activities include:

  • Event 1: Staking Pools 

Users can stake APT, MX, and USDT to share the 31,500 APT prize pool.

  • Event 2: Invite New Users & Share 1,000 APT (Open to All Users)

Earn 2 APT per referral for inviting new users who complete Event 1, up to 40 APT per referrer.

MEXC continues to expand its market share in the centralized exchange space, leveraging its first-mover advantage in listing promising and valuable projects. As one of the leading cryptocurrency exchanges,, MEXC is offering zero fees on USDT-margined contracts, including APT, from December 31, 2024, to January 31, 2025. With its commitment to innovation, user-centric approach, and strategic focus on early-stage token listings, MEXC remains at the forefront of the crypto industry, providing strong access to the rapidly growing blockchain ecosystem.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto”. Serving over 30 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

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