
Bank executives are feeling a newfound optimism, setting up the broader crypto market for a potential bull run. A week after President Trump took office, Wall Street executives started to warm up to crypto and blockchain. At the World Economic Forum at Davos-Klosters, Morgan Stanley CEO Ted Pick said that banks, as highly regulated institutions, can always act as new crypto transactors. This favorable sentiment, plus President Trump’s pro-crypto agenda, is electrifying the general investing public looking for new digital assets to invest in. Three new cryptocurrencies are making noise in a crowded market: Aave, Rollblock , and Jupiter. Aave sets to recover Aave (AAVE), a leading money market protocol, is poised for recovery after sustaining almost sideways movement for most of 2024. From April to October, AAVE traded below $200. By November, the popular money market platform surged, eventually breaching the $300 mark. The project’s 7-day price range found support at around $280, and market analysts are bullish on its short-term performance. Investors’ bullish sentiment on AAVE is backed by its RSI of 52, which indicates increased buying pressure. Finally, on-chain data suggests that most traders and investors are on the long side, as reflected by the asset’s Long/Short ratio at 1.13. This metric indicates that for every 1.13 Aave long positions, there’s one short position, which reflects a bullish sentiment. Jupiter (JUP) is primed for a breakout Jupiter (JUP), a DEX aggregator, is headed for a breakout days after the project announced its token burn mechanism and a $600 million JUP token buyback program. According to its founder, ‘Meow,’ the token-burning initiative aims to remove up to 3 billion digital assets in circulation, which can enhance the token’s importance and lower its fully diluted valuation (FDV). These latest developments reflect a change in investors’ sentiment, potentially expanding its price action. Currently, JUP is looking at a 0.382 Fibonacci retracement level of $1.16. If JUP breaches this level, the market can expect a decisive price breakout, creating a new trend. If this fails, JUP holders can expect another corrective price action, with lower support at $0.94 or a 0.5 Fibonacci retracement. Rollblock (RBLK) Rollblock (RBLK) , currently in presale, is set on upending the GameFi segment. With an eye on innovation, Rollblock aims to enhance the traditional gambling experience by integrating crypto, blockchain technology, and its native token as on-site currency. This new crypto project doesn’t just power an online casino; it aims to create a community where players become active participants and reward earners. Expectations among investors run high, owing to the project’s commitment to a potentially lucrative rewards share program. 30% of its weekly generated revenue will be shared with its holders. Rollblock will use two mechanisms for its rewards system: buyback and burn and staking. The buyback and burn program rewards sellers and reduces the number of circulating tokens. Then, its staking program aims to reward stakers and holders. On-site, Rollblock players earn rewards such as rakeback and VIP bonuses, which enhance the crypto betting experience. Aave and Jupiter are both viable investment prospects, but Rollblock is racing towards its listing date like a GambleFi project on a mission. It has already raised over $9.8 million, is available for $0.052, and the next price increase is coming up rapidly. Discover the exciting opportunities of the Rollblock(RBLK) presale today! Website: https://presale.rollblock.io Socials: https://linktr.ee/rollblockcasino 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 .
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Nvidia-backed CoreWeave To Acquire AI Developer Platform Ahead of IPO

Cloud computing firm CoreWeave has plans to acquire AI developer platform Weights & Biases as it seeks to bolster its infrastructure offerings in the fast-expanding AI sector. The deal, which is expected to close in the first half of 2025, cost CoreWeave $1.7 billion, according to a report by The Information. Weights & Biases, which in 2023 was valued at $1.25 billion, has become a staple in the AI development community, with researchers and engineers using its tools to manage complex machine learning workflows. By acquiring the company, CoreWeave aims to integrate its cloud computing services with Weights & Biases’ tools, offering a more seamless experience for AI developers. The acquisition comes just days after the cloud computing provider filed for an initial public offering (IPO) on Tuesday, with the company expected to raise $4 billion with a valuation of more than $35 billion. CoreWeave also tapped bitcoin miner Core Scientific (CORZ) to build 500 megawatts (MW) of infrastructure for AI-related purposes. NullTx

Bitwise Director Matt Hougan Explains Possible Effects of Donald Trump`s Crypto Reserve Plan! Here Are the Details
Bitwise Chief Investment Officer Matt Hougan believes the crypto market misread US President Donald Trump’s announcement of the US Crypto Strategic Reserve, arguing that the proposal is ultimately bullish on digital assets despite its flaws. Bitwise CIO: Market Misunderstood Trump`s Crypto Reserve Plan, Calls for Bullishness After Trump announced his directive to create a crypto reserve, the crypto market initially surged, sending Bitcoin (BTC) up 6.81%, Ethereum (ETH) up 10%, and other major assets like XRP, Solana (SOL), and Cardano (ADA) up 15%, 25%, and 70% respectively from last week’s lows. However, these gains were quickly erased as Bitcoin fell over 10% and ETH fell over 15% following Trump’s tariff announcement on Canada, Mexico and China. The sharp reversal was reminiscent of the infamous Bitcoin rally and crash under President Xi in 2019. But it happened even faster. Hougan: Only Bitcoin Reserve Could Be More Bullish Hougan suggested in a note to clients that the market overreacted because the proposed reserve included multiple assets rather than just Bitcoin. “If it was just Bitcoin reserves, prices would probably be higher,” he said. He also questioned the inclusion of more speculative assets like Cardano, calling it “more calculating than strategic.” Bitwise CEO Hunter Horsley echoed these concerns, aligning himself with industry leaders like Coinbase’s Brian Armstrong and the Winklevoss twins who advocate for a Bitcoin-only reserve. “I imagined a strategic reserve would just be Bitcoin. That makes the most sense to me,” Horsley says. “There’s value in many crypto assets, but this is not an investment portfolio, it’s a reserve, and Bitcoin is the undisputed store of value for the digital age.” Key Questions: Financing, Execution, and Political Viability While the announcement has generated excitement, significant uncertainties remain. The biggest questions revolve around how the reserve will be funded and whether it can be implemented without new legislation from Congress. “The Federal Reserve and the Treasury Department would probably need new legislative authority to move forward,” Hougan said, adding that there are doubts about how realistic the plan is in the near term. *This is not investment advice. Continue Reading: Bitwise Director Matt Hougan Explains Possible Effects of Donald Trump`s Crypto Reserve Plan! Here Are the Details NullTx