Author: Anmol Khatiwada

EigenLayer unveils Protocol Council to enhance decentralized governance efforts

EigenLayer introduces the Protocol Council to enhance security and community-driven growth, while rewarding voters with $EIGEN tokens.



EigenLayer just dropped big news: they’ve formed the Protocol Council to boost security and keep the protocol running smoothly. The council’s main job is to review and approve upgrades to the EigenLayer system, making sure everything aligns with long-term goals and supports decentralized growth. And it’s not just about tech—this move opens up more opportunities for the community to get involved.

If you don’t know, EigenLayer is a protocol built on Ethereum that’s all about restaking. Basically, if you’ve staked ETH to help secure Ethereum’s network, you can also use that staked ETH to back other decentralized services like oracles, sequencers, and data availability layers. This helps secure a bunch of decentralized applications, opening the door for more cool projects to thrive.

To keep the community in the loop, EigenLayer launched the Eigen Council Telegram group. This is where anyone can vote on proposals, share ideas, and even get rewarded with $EIGEN tokens for being active voters.

On top of that, EigenLayer also supports using any ERC-20 token for restaking, letting you use assets like AVS, stablecoins, or even Bitcoin-denominated tokens to secure more networks and earn rewards. Big moves for decentralized growth!

Also Read: Court Sides with Coinbase in SEC Crypto Regulation Dispute

Crypto Market Surges Following US CPI Data Release: What Lies Ahead?

Bitcoin hit $99K, altcoins soared as lower core CPI fueled Fed rate cut hopes, but inflation risks still linger.



Bitcoin smashed through $99K for the first time since Jan 7, climbing 10% from its monthly low. This crypto glow-up wasn’t just Bitcoin flexing—altcoins joined the party too. Virtuals Protocol skyrocketed by 25%, ai16z surged 17%, and Algorand jumped over 13%.

But the hype isn’t limited to crypto. Wall Street got its own glow-up: Dow Jones futures popped 700 points, S&P 500 futures climbed nearly 100 points, and bond yields dipped. The 10-year, 30-year, and 5-year yields are now chillin’ at 4.66%, 4.90%, and 4.48%.

What’s the tea? U.S. core inflation dropped from 0.3% to 0.2% last month, and yearly, it’s down from 3.3% to 3.2%. This got everyone hoping for juicy Fed rate cuts—maybe more than two this year. Core CPI is a big deal since it skips food and energy prices and is the Fed’s main squeeze.

Still, it’s not all sunshine. Inflation is above the Fed’s 2% goal, and some wildcards could stir the pot—like LA fires pushing up costs or Trump-era policies hiking inflation.

TL;DR: Crypto’s thriving, markets are vibing, but keep an eye on inflation drama—it’s far from over.

Also Read: BlackRock Unveils Bitcoin ETF for Canadian Investors

JP Morgan predicts XRP ETF could draw $8 billion in investments

JPMorgan predicts XRP ETFs could pull $3-8B. Ripple’s CEO sees approval soon, especially with SEC shakeups and crypto buzz.

JPMorgan’s dropping some serious predictions—XRP could bring in anywhere between $3 billion and $8 billion if it gets its own spot ETF. This is based on how well Bitcoin and Ethereum ETFs did last year, with Bitcoin’s ETFs already owning around 8% of its market value and Ethereum ETFs taking a smaller chunk at 3%. The big question? Could XRP join that lineup soon?

Monica Long from Ripple is betting on it. She thinks once Bitcoin and Ethereum ETFs are fully approved, XRP will be next. And it’s not just Ripple that’s pushing for this—big players like Bitwise and WisdomTree are already trying to get their own XRP ETFs out there.

Top ETF analyst Nate Geraci is also calling it—XRP’s spot ETF might get approved this year. In fact, users on Polymarket give it a 59% chance of happening by 2025. And the buzz is real, with some saying there’s even a 50% chance it gets approved by July 31.

Ripple CEO Brad Garlinghouse is all in on XRP ETFs, though he thinks the SEC might approve Litecoin ETFs first. But with a new pro-crypto administration on the horizon and SEC chair Gary Gensler stepping down, it’s looking promising for XRP.

Ethereum Dips Under $3000: What’s Driving the Slide?

ETH tanked to $2991 amid rising U.S. bond yields, inflation fears, and whale dominance, leaving traders worried about recovery vibes.



Ethereum (ETH) just got absolutely wrecked. It somehow managed to drop by 8% to $2991 before clawing back to $3017. Traders are trolling, “Is recovery even a thing now?”

The chaos started last Friday when unexpected U.S. interest rate data hit, sparking inflation fears. The Fed might not cut rates anytime soon, so crypto investors are feeling the squeeze. Plus, the U.S. job market added 256K jobs instead of the expected 160K, signaling a strong economy. While that’s great for traditional markets, it sent U.S. bond yields soaring, making risky investments like crypto way less attractive.

Ethereum’s been in a slump, falling from $3332 to $3196, and hasn’t stopped sliding. Analysts like Ali Martinez say resistance is heavy between $3360-$3450, with support hanging at $3066-$3160. Fun fact: three whale wallets control 43% of ETH’s supply, so they’re probably low-key steering the ship.

Meanwhile, whales are still stacking ETH. One just pulled 10K ETH (around $30.7M) from Binance, while large transactions spiked 70%. But with ETH supply creeping back to pre-merge levels and tight liquidity everywhere, ETH’s struggles are real.

TL;DR: Bond yields and whale games got ETH on thin ice. Will it bounce back, or is this the start of another dip?

Also Read: TON Blockchain Eyes US Growth Amid Trump Administration Policies

TON Blockchain Eyes US Growth Amid Trump Administration Policies

TON Blockchain plans a U.S. expansion under Trump, with investor Manuel Stotz as president, aiming to thrive amid crypto-friendly regulatory hopes.

The TON Blockchain is making big moves, setting its sights on the U.S. market. With Manuel Stotz stepping in as president, this isn’t just a low-key plan—it’s a full-on power play. TON is riding the wave of potential crypto-friendly vibes that came with policies from the Trump era, and they’re not holding back.

The blockchain scene in the U.S. has been heating up, with the demand for decentralized systems going off. TON, with its Telegram-powered roots, thinks it’s the perfect time to slide in and show what it’s got. The focus? Building trust and creating a space where crypto can flourish without feeling like it’s breaking all the rules.

Manuel Stotz, a well-known name in the crypto investor circle, is hyped about steering TON into this next phase. The plan is all about making TON the go-to blockchain for people looking for security, speed, and simplicity.

So, why does this matter? With the U.S. being a major player in the crypto world, TON’s entry could shake things up big time. Keep an eye on this—it’s giving major main-character energy in the blockchain game.

Also Read: Singapore Blocks Polymarket: A Tough Stand on Crypto Betting

Solana’s Gas Fees Overtake Ethereum’s in the Past Week

Solana’s gas fees hit $32.2M, surpassing Ethereum, driven by rising transactions, memecoin trading, and DEX usage.

Solana has been making big moves lately. Just recently it surpassed Ethereum in gas fees. Nansen CEO Alex Svanevik recently shared that Solana brought in around $32.2 million in fees, while Ethereum made $25.5 million. This shows Solana’s growing popularity and potential to compete with Ethereum.

So, what’s behind this spike? Well, Solana’s been processing more transactions than ever before. It’s becoming pretty much the go-to platform for smart contracts, and more people are using it daily. Memecoins have also created a lot of buzz on platforms like Pump.fun, driving up transaction volume.

Additionally, decentralized exchanges (DEXs) like Raydium are seeing more activity, contributing to the rise in fees. With Solana handling about 718.65 million transactions in just seven days—around 87 times more than Ethereum—it’s clear that Solana is becoming a major player in the blockchain space.

These higher transaction counts are causing more network congestion, leading to occasional transaction failures and higher gas fees. If this trend continues, Solana could challenge Ethereum’s dominance in the blockchain world.

You might want to read: Ripple and MoonPay Donate $50K RLUSD to Support LA Firefighters

Twin Protocol Debuts $TWIN Token on BitMart Exchange

Twin Protocol drops $TWIN on BitMart! Trade globally, create AI Twins, monetize skills, and keep data secure with blockchain.

Twin Protocol is taking its mission to the next level by launching its native token, $TWIN, on the global crypto exchange BitMart. Starting January 13, 2025, users worldwide will be able to trade $TWIN, gaining access to the platform’s unique AI tools designed to create digital replicas of users, known as AI Twins.

In other words, AI Twins are a whole new, innovative way of knowledge sharing, customer service improvement, and monetizing expertise. Special digital versions of users can even model their very own personality traits, skills, and knowledge. It is a very powerful tool for mentoring, customer support, and beyond. One can train an AI Twin as easily as just uploading documents, recordings, or other data. When trained, the AI Twins can be shared publicly or via the soon-to-launch Twin Marketplace, where users can monetize their expertise in the form of $TWIN tokens.

Twin Protocol’s partnership with SingularityNET, a leading decentralized AI platform, ensures that data security and personalization are at the forefront. By leveraging blockchain technology, Twin Protocol gives users full control over their AI identities, making the platform secure and empowering.

This BitMart listing follows $TWIN’s launch on Uniswap in 2024 and marks another step toward making Twin Protocol’s tools widely accessible. With AI expected to drive massive economic changes in the coming years, Twin Protocol is giving individuals and businesses the tools to stay ahead while keeping their data safe.

Also Read: Pro-XRP Advocate John Deaton Pushes SEC to Publish Hinman Documents

MicroStrategy Adds 2,530 BTC, Reaches 450,000 Bitcoin Milestone

MicroStrategy boss Michael Saylor flexed with 2,530 new Bitcoin buys, now holding 450K BTC worth $40.8B, up $12B profit!



Michael Saylor, the Bitcoin boss, just dropped some major crypto news! His company, MicroStrategy, snagged 2,530 more BTC worth $243M between January 6 and 12. That’s a massive boost to their stash, which now stands at a jaw-dropping 450,000 Bitcoin.

Here’s the tea: MicroStrategy scored these coins at an average of $95,972 each. With Bitcoin sitting around $92K now, their total holding is valued at $40.8B, giving them a solid $12B profit on their $28.2B investment.

This move cements MicroStrategy as the biggest Bitcoin whale in the corporate world, afterall it owns about 2.1% of all BTC. They’ve been on a 10-week buying streak, all part of their “21/21 Plan,” aiming to raise $42B through shares and bonds to stack even more BTC.

Oh, and they’re still hustling! They sold 710K shares in January for $243M and have $6.5B worth of shares ready to fund future buys.

While Bitcoin’s price dipped 9% recently to $90.5K, Saylor’s faith hasn’t wavered. People think upcoming events, like Trump’s inauguration, might give crypto the boost it needs.

Also Read: Ripple and MoonPay Donate $50K RLUSD to Support LA Firefighters

Pro-XRP Advocate John Deaton Pushes SEC to Publish Hinman Documents

John Deaton gives SEC 10 days to release the Hinman report. This urged transparency on XRP and Ripple’s legal drama.



John Deaton, the lawyer repping XRP holders, just dropped a huge ultimatum on the SEC. In a recent live video, he told SEC Chairman Gary Gensler to release the controversial Hinman report within 10 days. Why the rush? The report includes the infamous 2018 speech from former SEC official William Hinman, where he said Ethereum wasn’t a security. This speech is a big deal for XRP holders, and Deaton believes releasing the report would clear up some major questions and help both sides move forward.

Deaton’s call for transparency isn’t coming out of nowhere. Empower Oversight, a watchdog group, has been pushing for an investigation into possible conflicts of interest tied to Hinman’s speech. The investigation wrapped up, and the results were sent to Gensler—but the public still hasn’t seen them. Deaton’s frustrated with the delay, saying the report is key to understanding the SEC’s stance on Ripple and the broader crypto market.

He’s not just asking the SEC to release the info—he’s urging XRP holders to apply pressure by contacting the SEC. Deaton believes public pressure could push the government to act and finally shed light on the Hinman report. This could really have a major impact on the Ripple case.

Read Similar Article: Ripple vs. SEC: Court Grants Request to Seal Critical Documents

Pi Network Urges Community to Gear Up for Mainnet Launch

Pi Network’s Q1 this year mainnet launch is coming! Pioneers: finish KYC, migrate, onboard dApps, and hype Pi payments globally!


Pi Network’s mainnet launch is finally happening, and the hype is real! The Pi Core Team is gearing up for the big moment, expected in Q1 2025, and they’re calling on Pioneers to lock in their contributions for a smooth launch.

In their latest post, the team reminded everyone about the January 31 deadline for KYC verification. If you’re in the Pi fam, make sure you’ve completed all the steps to migrate your account. Got a squad? Make sure your downlines are sorted too—it’s a team effort!

For businesses, now’s the time to level up. The Pi team is urging merchants to explore ways to accept Pi as payment in both physical stores and online platforms. With over 20 dApps already approved for the mainnet, it’s about to be lit for developers. If you’re building, finalize your work and get ready to deploy.

Over 9 million Pioneers have already made the jump to the mainnet, and the numbers are climbing fast. Communities like Pi GCV are taking things next-level by hosting events across India and beyond.

It’s official—Pi Network is going global. If you’re not hyped yet, you’re missing out!

Also Read: Meta Pressured to Incorporate Bitcoin into $72B Treasury Holdings

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