Grayscale has launched the Horizen Trust, a fund that allows qualified investors to gain exposure to the cryptocurrency ZEN without the need to buy, store, or safeguard it.

Daily Top Performer — Convex Finance (CVX)

The S&P 500 rose 0.73%, driven by big tech and communication services, as investors anticipate a "Santa Claus Rally" to close the year. Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 1.61%, with Bitcoin dropping by 2.58% and Ether rising by 4.32%, respectively in the past 24 hours.

Today's top performer is CVX, which surged 28.1% following Frax's consideration of BlackRock's BUIDL token as backing for the rebranded frxUSD stablecoin.

Convex Finance (CVX), launched in May 2021, is a DeFi protocol that boosts yields for Curve protocol users on Ethereum. It allows for staking to earn CRV and CVX tokens and provides voting rights on token allocations. Securitize has 

 adding BlackRock's BUIDL token as backing for Frax's rebranded Frax USD (frxUSD) stablecoin, which will feature a new mint-redeem system. Early feedback from Frax DAO members is positive. Competing proposals from Superstate also suggest backing frxUSD with their tokenized funds. The final backing structure is still undecided.

Check Out the Latest Prices, Charts, and Data of 

, a fund that allows qualified investors to gain exposure to the cryptocurrency ZEN without the need to buy, store, or safeguard it. The fund's shares track the market price of ZEN, net of fees. While the shares have been traded at both a premium and discount, the fund aims to provide a simpler way for investors to gain exposure to ZEN. Grayscale is also expanding its offerings, with plans for a Solana spot ETF.

Yesterday, BTC Spot ETFs recorded total outflows of $258.2 million, including $38.4 million from GBTC and $219.8 million from non-GBTC funds.

, distributing $SONIC tokens to those who participate. Over 2 million users have joined through an easy onboarding process, requiring no wallet setup or gas fees. To qualify for the airdrop, users must log in via TikTok, access SonicX, and wait for the $SONIC claim banner. SonicX, part of the Sonic SVM app layer, uses TikTok ads and creator partnerships to promote its gaming and blockchain education hub. The project aims to expand its TikTok Chain with new games and future token rewards.

Beginner

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Grayscale Introduces Horizen Trust for ZEN Investment Access

Griffain is an innovative AI agent platform built to simplify interactions and enhance user experience. It offers two types of agents: personal agents and special agents. Learn more now!

 built on the Solana blockchain. It’s designed to simplify the way users interact with cryptocurrencies by integrating personal and specialized AI agents. 

Griffain automates complex tasks like wallet management, token trading and NFT minting. Supported by Solana Labs, Griffain combines AI technology with blockchain technology to make 

 (DeFi) and other use cases more accessible and user-friendly.

This article explores the role of AI agents in cryptocurrency, highlights Griffain’s unique features and functionalities, introduces its founder and examines the utility and performance of the GRIFFAIN token.

AI agents are autonomous systems designed to perform tasks, make decisions and adapt to digital environments. They’re revolutionizing entire industries, with finance and, most recently, crypto and 

 being key areas of focus. These agents operate independently, either by following preset goals or dynamically adjusting to new inputs. In crypto, AI agents are being used to automate complex processes on blockchains, such as fund management, trading and customer service, offering efficiency and precision.

Investor interest in this technology has skyrocketed. Over the past year, AI agent startups — not limited to crypto AI agents — 

 156 funding deals, an 81.4% increase from the previous year. In 2024 alone, AI agents raised over $1 billion, contributing to the $18.9 billion invested in AI during Q3. 

 infrastructure, crypto AI agents can empower users, entities and other protocols to manage funds securely and autonomously, presenting a scalable alternative to traditional finance (TradFi) systems. As innovation accelerates, AI agents are poised to redefine the way users interact with digital assets.

 is an innovative AI agent platform built to simplify interactions and enhance user experience. It enables users to perform complex tasks — like wallet management, token trading and NFT minting — seamlessly and efficiently.

, whose endorsement highlights Griffain’s potential to drive adoption within the crypto market. Griffain has also received significant support from the broader Solana developer community, underscoring its credibility and relevance.

Currently, Griffain operates on an invite-only basis through its 

. Access is granted to holders of the exclusive Saga Genesis Token, which serves as the gateway to creating and interacting with Griffain’s AI agents.

By empowering users with these tools, Griffain is already picking up a lot of interest from enthusiasts and investors alike.

, the founder of Griffain, is no stranger to scaling projects. With a track record of building and growing innovative ventures, his career spans some of the most dynamic sectors in tech. Before Griffain, he co-founded Underdog Protocol, where he led business development and partnerships, scaling blockchain infrastructure to $1 million in annual recurring revenue and managing millions of dollars in digital assets. 

He also founded diffusionlabs, a consultancy that helped software as a service (SaaS) and e-commerce businesses optimize growth strategies, leading to significant revenue increases for clients. His prior roles at Uber and Ritual focused on growth, partnerships and launching new initiatives, demonstrating his ability to drive results across diverse industries.

Griffain itself was born out of a Solana hackathon in which Tony and his team transformed a bold idea into a working solution. With this kind of support, Griffain quickly gained traction as an AI agent, capable of reshaping this space. This foundation reflects Tony's knack for blending vision with execution, creating something revolutionary (for its time) while being extremely scalable.

Griffain offers personal agents that users can customize for specific tasks, and special agents designed for specialized functions like token sniping and NFT minting.

Griffain simplifies blockchain interactions by allowing AI agents to handle complex tasks, such as wallet management, executing transactions and automating processes with ease.

This NFT serves as a unique identifier, proving ownership of an AI agent. The first 2,000 tokens are available for purchase on the Saga Genesis Token page. See more info 

Once your agent is live, you can interact with it much as you would with any other AI platform. You can ask about tokens and NFTs, and even check how much SOL is in your agent's wallet. Griffain also offers a 

, where agents display their tokens and NFTs. You can add tokens to your portfolio simply by using natural language commands and swapping for them.

Another cool feature is the agent's ability to store memories. You can provide an agent with a website, and it will summarize and save it for later reference. View a brief guide 

At time of this writing (Dec 23, 2024), GRIFFAIN is trading at $0.209, with a 24-hour trading volume of $31 million. Over the past 24 hours, GRIFFAIN’s value has increased by 1.76%.

Despite a recent price downturn, GRIFFAIN has maintained a market cap of $210 million, placing it among the top few AI agents by market capitalization.

, it appears to be underperforming in the short term. However, it’s worth noting that the token is relatively new. 

While GRIFFAIN's real-time interaction capabilities and AI agent network set it apart in terms of utility, it faces stiff competition from established AI-driven projects. Some AI projects have seen more consistent performance, likely due to their longer market presence and larger ecosystems. 

However, Griffain's integration with blockchain technology and its focus on automating blockchain tasks positions it as a player of interest with a unique value proposition. 

Griffain offers a unique AI-powered project that simplifies blockchain interactions through customizable agents. You can now 

 in Bybit’s Innovation Zone with up to 

Intermediate

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Griffain: Your Personal AI Agent on Solana

Vana empowers users to own, protect and profit from their personal data through decentralized DataDAOs. Learn more about how it works in this article.

Imagine a world where individuals regain control over their own data, taking it back from the hands of large corporations that often profit from it without consent. Enter Vana, an innovative platform that combines 

 with privacy-driven features to create a fairer, more transparent digital economy. This article explores what Vana is all about — and its exciting future potential in the decentralized data and AI space.

 is a blockchain network that gives users full control over their personal data through an 

 architecture. It enables decentralized data-sharing and monetization using DataDAOs (

), whose users can collectively own, manage and profit from their data, all while maintaining privacy and ownership.

Vana was co-founded by Art Abal and Anna Kazlauskas, two Filipinos with strong academic backgrounds and degrees from Harvard and MIT, respectively. It started as a research initiative in 2018, and has since grown into a project driven by the desire to empower individuals with control over their personal data. 

Vana seeks to address the current imbalance whereby large corporations profit from user data without fairly compensating the individuals who generate it. The goal is to create a new data economy in which users can benefit directly from the AI models built on their data, ensuring that the financial rewards of AI development are more fairly distributed. The name "Vana," short for "Nirvana," speaks to the project’s mission of liberating and empowering user data.

The Vana project attempts to challenge the status quo of data hoarding by large centralized organizations, and to tackle several key issues as follows.

Vana is designed to transform personal data into a valuable, user-controlled asset. It operates through the following three key layers.

Vana gives users the power to monetize and use their data in several ways, such as earning revenue from AI models trained on their data, or by integrating their data into applications for personalized experiences. Most importantly, users maintain detailed control over how their data is shared and used. As data contributors, they also receive governance rights within their respective DataDAOs, allowing them to make decisions about how their data is used and how the value is distributed.

Users receive a DLP-specific token when they submit data to a DataDAO, according to the DataDAO’s unique 

 that Vana uses to validate data submitted to its network. PoC maintains the reliability and value of the data within the Vana network. 

Vana acts as a trustless intermediary, connecting data owners, communities and users. It enables individuals to pool their data collectively in a secure and traceable manner while also allowing data users to monetize that data for purposes such as training AI models.

 is a central platform where users can buy, stake, trade and explore data tokens within the Vana ecosystem. It also enables users to contribute their data to DataDAOs, and earn rewards by staking their VANA tokens.

 is an incubator designed to support the growth and development of the Vana ecosystem. It provides tools and resources for users to create and manage DataDAOs, ensuring that high-quality data is available for AI model training and other applications.

DataDAOs are decentralized organizations that pool user-contributed data on the blockchain. They allow individuals to collectively own, manage and monetize their data for AI and other applications. Each DataDAO governs its own DLPs, ensuring that data is secure, private and used judiciously. 

 system incentivizes premium-quality data contributions by rewarding the top 16 DataDAOs every 21 days, based on total Vana tokens staked. This competitive structure ensures that the best datasets and contributors are recognized and rewarded, promoting innovation and growth within the Vana ecosystem

 commits 44% of its total token supply to empower the community. It rewards active participation, contributions and innovation across the Vana network. This includes incentives for high-quality data contributions to DataDAOs, early community rewards and support for developers building on Vana. 

Since its start as an MIT research project in 2018, Vana has made impressive progress, emerging as the first decentralized data liquidity network. 

Looking ahead, Vana aims to build a thriving decentralized data ecosystem and promote mass adoption with its clear road map:

The VANA token is the native cryptocurrency of the Vana Network. VANA serves multiple purposes within the Vana ecosystem, such as securing the network through staking, paying transaction fees, staking in DataDAOs, accessing datasets, acting as part of a trading pair and participating in decentralized governance.

The tokenomics of VANA are designed to align the interests of all participants in the Vana network. With a total supply capped at 120 million tokens, distribution is as follows:

 of $32.86 by the end of 2024 and $38.58 by 2025, with the potential to climb to approximately $112.78 by the end of 2030. Similarly, Coin Edition 

 a value of $50 by the end of 2025, with further growth expected up to $68 by 2030. 

Looking to purchase Vana tokens? Bybit now offers the VANA/USDT Spot trading pair. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

To celebrate this listing, Bybit is holding 

 where you can earn a share of the 560,000 VANA prize pool. 

VANA offers a compelling investment opportunity, thanks to its innovative approach to data ownership, expanding ecosystem and optimistic market outlook. By tackling key challenges in the data economy, VANA empowers users while paving the way for decentralized AI development. However, as with any investment, it's important for potential investors to be mindful of market risks and do their 

Vana is empowering users to take full control of their personal data and even profit from it. By combining blockchain technology with robust privacy measures, Vana challenges traditional data systems and lays the foundation for a more equitable data economy. The platform's ambitious road map could position it as a key player in the future of decentralized AI, opening up new opportunities for individuals to become active participants in this increasingly data-driven world.

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Vana (VANA): Unlocking Data Freedom for User-Owned AI

Sonic and Injective are launching the first cross-chain AI agent platform, the Smart Agent Hub, integrating Solana and Injective ecosystems.

Last week, the S&P 500 saw its biggest single-day price gain this month. This raises the hopes of investors for a year-end rally if prices continue to go up. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 2.54%, with Bitcoin and Ether dropping by 1.24% and 1.00%, respectively in the past 24 hours.

Today's top performer is AAVE, which surged 7.7% following the integration of Aave in Balancer's Boosted Pools, simplifying yield generation.

Aave (AAVE), founded in 2017, is a decentralized lending platform on Ethereum for lending, borrowing, and earning interest on 17 cryptocurrencies. It uses smart contracts, collateral for loans, and aTokens for interest, along with features like instant loans. 

 combine markets to enhance capital efficiency and simplify yield generation for DeFi users. By providing liquidity with $USDC and $USDT, users earn fees from swaps and interest from Aave's supply rates. All earnings accrue automatically with no management required. Balancer v3's Boosted Pools streamline liquidity and enable gas-efficient, passive yield generation, making DeFi simpler and more sustainable.

, the Smart Agent Hub, integrating Solana and Injective ecosystems. The platform enables developers to create, manage, and monetize AI agents in a decentralized environment, with features like tokenization, cross-chain asset interoperability, and a unified developer experience. By leveraging Sonic's HyperGrid and Injective's IBC, the hub facilitates seamless communication and asset transfer across chains. This innovation supports Web3 games, DeFi, and real-world assets, expanding opportunities for AI agents in various sectors. The rollout begins with a testnet in Q1 2025.

From December 16–20, 2024, GBTC had a net outflow of $248.3M, while non-GBTC products saw a net inflow of $705.5M, resulting in a total inflow of $457.2M. The current total stands at a net outflow of $21.3B for GBTC, a net inflow of $57.3B for non-GBTC, and a combined net inflow of $36.03B.

 offers free participation with potential surprise airdrops. Connect your wallet, vote for projects, and use your CHILL FACTOR (based on past Avalanche transactions) to maximize eligibility.

Sonic and Injective Launch First Cross-Chain AI Agent Platform with Smart Agent Hub

Bybit Learn

Bitcoin

Explore the catalysts leading up to Bitcoin breaking $100,000, expert BTC price predictions and tips on trading BTC post-$100K on Bybit.

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Bitcoin (BTC)'s price has surged to new all-time highs, setting a historic milestone as BTC surpassed the $100,000 level. With crypto 

 continuing its bullish momentum, several industry experts are projecting higher BTC price targets.

This article explores the catalysts leading up to Bitcoin breaking the significant $100,000 mark, expert predictions on where BTC price could go, and tips on trading BTC post-$100K on Bybit.

The Bitcoin halving, a pre-programmed event that reduces the reward for mining new blocks by half, took place on April 19, 2024, sparking excitement in the crypto world. Following the halving, miner's reward was cut from 6.25 BTC per block to 3.125 BTC. This process limits the total supply of new Bitcoin and increases its scarcity, which may affect its price and demand.

Typically following past halving events, Bitcoin's price has risen to all-time highs. For instance, after the first halving in 2012, the price of Bitcoin soared from about $12.20 to over $1,000 in 2013. Then, after the second halving in 2016, its price went from around $650 to almost $20,000 in 2017. More recently, after the third halving in 2020, Bitcoin's price shot up from around $9,000 to over $57,000 in 2021.

However, this year's halving event bucked the trend. BTC surpassed all-time high even before the halving event, largely due to the newly approved 

. BTC's price briefly surpassed its previous record high of $69,000 on Mar 5, 2024.

Following the halving, Bitcoin's price ranged between $54,000 to $71,000 for a good seven months.

Election of Donald Trump and Pro-Crypto Appointments

The election of Donald Trump as the next President of the United States played a significant role in Bitcoin reaching the $100,000 mark. Trump's pro-crypto stance and the expectation that his administration would foster a favorable regulatory environment for the crypto industry was a major catalyst.

Furthermore, his choice to appoint pro-crypto candidates, like Paul Atkins as head of the U.S. Securities and Exchange Commission (SEC) and Scott Bessent as Treasury Secretary, significantly boosted investor confidence, leading to a surge in Bitcoin's price. This optimism was based on the belief that policy changes would encourage broader adoption and investment in cryptocurrencies.

Another key factor is the surge in institutional investments in Bitcoin. The introduction and success of Bitcoin exchange-traded funds (ETFs) in the US, particularly those backed by major financial institutions like BlackRock, brought a new wave of investment into the cryptocurrency. Bitcoin ETFs saw a record $6.2 billion in net inflow for the month of November, 

 to Bloomberg. These ETFs reflect the staggering institutional demand, and cements Bitcoin's legitimacy and attractiveness as an asset class.

 more funds through stock issuance to buy 15,400 Bitcoin worth $1.5 billion last week. This followed the 

 of an additional 55,500 BTC for $5.4 billion, with these purchases occurring between November 18 and November 24, 2024, at an average price of $97,862 per Bitcoin. Following this acquisition, MicroStrategy now holds a total of 402,100 Bitcoins, which is almost 2% of the entire supply of Bitcoin. These were acquired at an average price of $56,761, bringing their total investment in Bitcoin to roughly $21.9 billion.

This significant buy has been part of a broader trend where large purchases by institutions like MicroStrategy tend to signal bullish sentiment in the market, contributing to Bitcoin's price surge past the $100,000 mark. The company's aggressive Bitcoin accumulation strategy has only increased its own stock value, with MSTR gaining 492% year-to-date, outperforming AI darling stock NVDA.

Bitcoin reaching $100,000 was not just a numerical milestone but also a psychological level. Historically, when Bitcoin crosses previous all-time highs, it often experiences significant further gains, as investors tend to pile in after such breakthroughs. This psychological momentum was evident as Bitcoin approached and then surpassed this round number, which had been long anticipated by the crypto community as a significant threshold

With Bitcoin surpassing $100,000 and the crypto bull market in full force, what are experts predicting where BTC is headed? Here are some of the price predictions from experts in the markets.

 revised price targets for Bitcoin by the year 2030, including a bullish scenario where companies allocated 5% to Bitcoin. In the bear case, Bitcoin could reach $258,500, while in the base case, BTC could hit $682,000. However, it is the bull case where her BTC price targets get eye-catching. She predicts that BTC could hit $1.48 million in the bull case, while the bullish case could see BTC price reach a staggering $3.8 million.

MicroStrategy founder Michael Saylor has been the most outspoken Bitcoin bull for years, consistently accumulating Bitcoin and raising funds through stock issuance to buy even more BTC. He predicts that Bitcoin will hit $100,000 by 2025, which has already come true. However, his other prediction drew more attention. Saylor predicts that BTC will reach a staggering $1 million per coin eventually.

Mark Yusko of Morgan Creek Capital forecasts Bitcoin reaching $150,000 in 2025. He bases this on the increasing Fear Of Missing Out (FOMO) among investors, growing interest, and the network effect where Bitcoin's value increases as more people adopt it. Yusko sees these factors driving demand and pushing the price to new heights.

Tom Lee from Fundstrat Global Advisors predicts Bitcoin could surge to $250,000 by 2025. He points to the evolving political landscape in the U.S., which he believes could become more crypto-friendly, and the possibility of government accumulation of Bitcoin as key drivers. Lee suggests this shift could position Bitcoin as a legitimate alternative to traditional safe-haven assets like gold.

Standard Chartered Bank envisions Bitcoin reaching $200,000 by 2025, drawing comparisons to gold's price surge following the introduction of gold ETFs. They anticipate massive inflows into Bitcoin spot ETFs, which could lead to a similar quadrupling in price, driven by institutional and retail investor interest in these new financial products.

AllianceBernstein predicts Bitcoin will hit $200,000 by September 2025. Their forecast is based on the ongoing bullish cycle in the crypto market, increasing institutional adoption, mainstream acceptance, and the impact of the 2024 Bitcoin halving which historically has led to price appreciation due to reduced supply growth.

Bullish BTC Trading Strategy: Breakout Trading

To capitalize on rising Bitcoin prices, you can use the 

 strategy, which captures significant price movements by pinpointing crucial levels of support and resistance. The idea is to anticipate a breakout from these levels, in the hope that when the asset's price breaks out of a trading range, it will likely continue moving in that direction. 

 and confirmation techniques to identify potential breakouts, and enter trades accordingly. This strategy is versatile and applicable across different markets and time frames. However, traders must be mindful of false breakouts and market noise.

Identify a horizontal resistance level and an upward-sloping support trend line on the BTC price chart, forming an 

 that suggests a potential bullish breakout. 

You can use technical indicators such as 

, Donchian Channels and volume to confirm a breakout. Look for confirmation through high volume, price and time when the price breaks above the resistance level.

Enter a long position at the breakout point, and set a 

 to mitigate potential losses. Alternatively, you can wait for a pullback to a support level, and enter a long position there.

Consider the triangle's height for setting a profit target, or use 

 orders to ride the trend for as long as possible. This strategy offers an approach that takes advantage of potential upward movements in BTC's price.

Optimal BTC Investing Strategy: Dollar-Cost Averaging

If you're not a trader and prefer to hold Bitcoin over a mid to long-term duration, dollar-cost averaging (

) becomes a viable trading strategy. This method involves purchasing a fixed amount of Bitcoin at regular intervals, regardless of price fluctuations. The goal is to minimize the impact of volatility, and spread out the cost of entry over time.

DCA is a straightforward and effective approach to accumulating Bitcoin, obviating the need to time the market. It also helps investors steer clear of emotional decisions that could be driven by fear or greed. 

How to Execute this BTC Strategy on Bybit

 or other supported fiat currencies into your 

. Auto-Invest is a feature that lets users grow their holdings through regular, scheduled purchases of cryptocurrencies.

 or other fiat currencies that you would like to use under the 

 (Daily, Weekly, Bi-Weekly, Monthly) and the day of the week you would like the order to be executed. Click 

 and the DCA plan is created. For more information, refer to this 

Purchasing BTC Through Bybit Discount Buy

 lets you purchase BTC at a lower price than the market rate on the settlement date, provided it doesn't exceed a specific threshold known as the Knockout Price. Here's how to use it:

Navigating Bitcoin trading post the $100K milestone requires careful consideration of several factors. Whether you're a trader or investor, you can tailor your strategies to each scenario. From capitalizing on technical trends to dollar-cost averaging, Bybit offers a range of tools to execute your trading plan effectively.

 remains key in the volatile world of crypto trading.

Bitcoin Price Prediction: What's Next After $100K

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards