A number of large tales and developments have occurred within the crypto area this week, together with Binance itemizing three AI agent tokens, Grayscale revealing 39 property 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 property spiked over 40%.
AIXBT, CGPT, COOKIE Worth Performances. Supply: TradingView
Many influential voices inside 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’s going to turn out to be a multi-trillion-dollar {industry}.
The efficiency of those three tokens showcases the rising hype of AI brokers all through the crypto group.
Grayscale Reveals 39 Altcoins For Funding Consideration
Grayscale, one of many main ETF issuers, revealed an intensive checklist 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 property. They fall into 5 classes: currencies, Good Contract Platforms, Financials, Client and tradition, and Utilities and providers.
“The checklist is topic to vary intra-quarter as some multi-asset funds reconstitute and we launch new single-asset merchandise,” Grayscale claimed.
Grayscale has beforehand added a blitz of recent 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 property, corresponding to KAS, APT, ARB, and TIA, have been on each lists. Different discrepancies between these two rosters reveal Grayscale’s altering priorities.
Up to now few months, Grayscale has evidently positioned a better precedence on AI brokers, however a number of sectors, corresponding to 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, will likely be internet hosting the first-ever Crypto Ball. This black-tie occasion bought out its lower-tier $2,500 tickets, highlighting the robust enthusiasm for the occasion.
A number of outstanding companies have backed it, together with Coinbase, Sui, Mysten Labs, Metamask, Galaxy, Ondo, Solana, and MicroStrategy.
“This unique occasion options $100,000 VIP tickets and $1 million non-public dinner packages with Trump. Main sponsors like Coinbase, MicroStrategy, and Galaxy Digital are backing the occasion, signaling a shift towards 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 present, the President-Elect shouldn’t be anticipated to personally attend, however different pro-industry officers will make an look. Trump can 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 a lot of adjustments within the broader crypto ecosystem. A number of XRP-based meme cash, corresponding to ARMY, PHNIX, and LIHUA, posted spectacular positive aspects resulting from XRP’s devoted base of supporters.
XRP ARMY Weekly Worth Chart. Supply: CoinGecko
XRP additionally outperformed different cryptoassets up to now week, contributing to this sense of optimism. Earlier at the moment, its buying and selling quantity topped $20 billion, fueled by hypothesis that Trump might assist a US reserve of a number of property, 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 might attain $14 billion. These analysts predicted that an XRP ETF can be the extra worthwhile of the 2 however concluded that each are prone to win SEC approval in 2025.
“The important thing query right here stays the uncertainty of investor demand for extra merchandise and whether or not 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 probably.
SEC Chair Gary Gensler is about to resign from his place alongside the CFTC chair, and each positions will likely be changed by {industry} advocates. Monetary regulation within the US is about to get much more pro-crypto.
