Robbie Mitchnick, the digital assets lead at BlackRock, a firm overseeing $11.5 trillion in assets, recently emphasized in a Bloomberg video interview that Bitcoin adoption remains nascent. Mitchnick pointed out
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JUST IN! Binance Announced That It Would Delist This Altcoin, The Price Dropped Sharply!
Binance, the world`s largest cryptocurrency exchange, started the day with an altcoin announcement. At this point, Binance announced that it will delist the altcoin REEF from futures. “Binance Futures will close all positions in the REEF/USDT perpetual contract and perform an automatic settlement on 2025-01-22 09:00 (UTC). Once the settlement is complete, the REEF/USDT contract will be delisted. Users are advised to close open positions before the exchange exit time to avoid automatic closing. Users will not be allowed to open new positions for the REEF/USDT contract as of 2025-01-22 08:30 (UTC).” After the Binance announcement, REEF price dropped by 15%. *This is not investment advice. Continue Reading: JUST IN! Binance Announced That It Would Delist This Altcoin, The Price Dropped Sharply! CoinOtag
$AIOS Trader Turns $570K Loss Into $755K Profit Amid Token Surge
A sharp market turnaround has allowed a trader to flip a $570K unrealized loss into a $755K profit in just two days. This investor initially spent 6,357 $SOL ($1.19M) to acquire 11.49M $AIOS tokens. Although the value of the holdings dropped, leaving the trader at a loss, the recent surge in $AIOS’s price has pushed their portfolio’s worth to $1.95M, yielding a substantial gain. The trader who spent $1.19M to buy $AIOS 2 days ago has now turned a $570K loss into a $755K profit. This trader spent 6,357 $SOL ($1.19M) to buy 11.49M $AIOS 2 days ago and lost $570K during the period. This 11.49M $AIOS is worth $1.95M currently, with an unrealized profit of… pic.twitter.com/ucMs7Uc6Tj — Lookonchain (@lookonchain) January 14, 2025 $AIOS Listing Fuels Price Momentum The token’s resurgence followed its listing on MexC and BingX’s Innovation Zone. Currently trading at $0.01331 ($AIOS/USDT) on the Solana network, $AIOS boasts a market cap of $67.6M and a total supply of 1 billion tokens. Developed by the AIOS Foundation, this AI Agent OS aims to simplify agent development by addressing key challenges like task scheduling through its Kernel and SDK, known as Cerebrum. Token Burn Sparks Investor Confidence The recent price surge can be attributed to the foundation’s decision to burn nearly 64% of the total $AIOS token supply, significantly reducing available tokens and boosting demand. This strategic move has drawn attention from investors and created momentum in the market. $AIOS Token: The $AIOS token is drawing attention following a major price surge. This came after the team decided to burn all foundation-owned $AIOS tokens, amounting to nearly 64% of the total token supply. — andrewwwww ( , ) (@andrewtalksdefi) January 14, 2025 AIOSChain: Building a Sustainable Ecosystem The AIOS Foundation is also building AIOSChain to establish a sustainable ecosystem for AIOS-Agent development. Upon AIOSChain’s mainnet launch, $AIOS tokens on the Solana network will be eligible for migration. Burnt tokens on Solana will be proportionately minted and permanently locked for staking on AIOSChain, ensuring long-term value for token holders. $AIOS @aios_foundation has been migrated to to the Innovation Zone, with a market cap now exceeding $100M! Trade $AIOS spot https://t.co/zlFS7c1GUe Trade $AIOS futures https://t.co/yrBGG0NlRU pic.twitter.com/lDi1gpMUtV — MEXC (@MEXC_Official) January 14, 2025 Conclusion With innovative technology, strategic tokenomics, and strong market performance, $AIOS is positioning itself as a promising player in the AI agent development space, making it a project to watch in the coming months. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! CoinOtag