What Happens in the Metaverse, Stays in the Metaverse, on Vegas Island

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Ray Speers
February 07,2022

Aftermath Islands launches adult playground for entertainment, gaming, parties and more.

TORONTO, ON and BRIDGETOWN, BARBADOS / ACCESSWIRE / February 3, 2022 / Oasis Digital Studios Limited ("Oasis"), a wholly owned subsidiary of Liquid Avatar Technologies Inc. (CSE:LQID)(OTCQB:LQAVF)(FRA:4T51) ("Liquid Avatar Technologies" or the "Company"), a global blockchain and fintech solutions company, focused on Digital Identity, integrated Avatars and the Metaverse, is pleased to announce that its controlled subsidiary, Aftermath Islands Metaverse Limited ("Aftermath Islands") together with seasoned, industry, and entertainment executive Howard Lefkowitz, who led Vegas.com from its rise from $360,000 in annual sales to over $400 million annually over a 10-year period, have launched Vegas Island, a premium destination in the Aftermath Islands Metaverse, an age restricted virtual island that will allow participants to buy virtual themed land, interact, and experience entertainment, gaming and High Roller experiences. Given the premium nature of the island and the planned programs, a limited amount of virtual land is available for sale to the public, starting at USD $100 per 1000 m2 and ranging in price to USD $5,200 for a mega 100 plot parcel.

Vegas Island will use age verification technologies and verifiable credentials available from the Liquid Avatar mobile wallet to confirm access without providing any personally identifiable information or personal data. Liquid Avatar Technologies' digital identity solution will be used throughout Aftermath Islands providing credentials for key access to Estate Islands, private islands, restricted events and venues, and will be available to other Metaverse properties to reduce identity fraud and bad actors. Participants will be able to use their Liquid Avatar mobile wallet to also opt-in to permission-based loyalty, engagement, and other brand programs to receive online and offline incentives.

From comedians, to lounge acts, live performances, magicians, adult-theme reviews and more, Vegas Island is planning to create an entertainment, gaming, limited housing, and playable areas, to bring the spirit of Las Vegas to Aftermath Islands.

"We're inviting everyone to join the party and enjoy outrageous events and activities as Vegas Island is planning to be loaded with hip hotels, shows of all kinds from headliners to stage reviews, restaurants with power-up foods, and delivery of all imaginable items to your real-world front door. Virtually walk the famed Vegas Island Strip where you'll frolic in bars with real lounge acts, nightclubs, day-clubs, adult clubs with VIP rooms and be surrounded by beautiful avatars! Vegas Island is for everyone, of age, of course," said Howard Lefkowitz. "Vegas Island Stadium is expected to host e-sporting events, rodeos, and bands that fill real-life stadiums around the globe. Other planned events include world-class shopping for the virtual and actual worlds, live cams of actual lions, tigers, and pools (oh my), and of course condos, homes, and mansions too. Lest we forget the beach club on the ocean! Since Baby ALWAYS needs a new pair of shoes, there will be gaming! Vegas Island is expected to offer play-for-fun gaming or licensed, legal by age and jurisdiction gambling too! Plus, ways to earn and win free high-roller trips to Vegas and more. Come join us at the truly happiest damn place in the metaverse&hellipVegas Island."

Additional premium theme islands are planned for release. Aftermath Islands Metaverse is working with brands and agencies and welcomes the opportunity explore partnerships that will create new and interactive virtual experiences for players.

For information on Aftermath Islands and to receive updates from Oasis Digital Studios, please click here

If you would like to join our mailing list and receive updates from Liquid Avatar Technologies, please click here

About Howard Lefkowitz

Howard Lefkowitz has had a career as a change agent inside and outside organizations around the globe.

During his 25+ years as an executive for companies such as Vegas.com, EarthLink, Home Shopping Network, Row 44, and board positions encompassing the tech, media, and health care industries, Lefkowitz has been innovating, operating, changing, and building. By merging marketing, content, and product with new and legacy technologies, he finds new and profitable business.

Mr. Lefkowitz was CEO of VEGAS.com for ten years. He started with a 19-person team and a content-based Web site with $100,000 monthly, unique visitors and re-engineered it into the most visited city website in the world that received more than 2.5 million visitors each month and was supported by 400 employees. Lefkowitz established strong consumer branding while focused on multiple revenue streams. Lefkowitz also spearheaded development of mission-critical, back-of-house systems used by most Las Vegas hotels, including payment gateways for credit card processing, box office and show ticket operations, systems integration, product development, concierge desks and retail systems and operations. The company went from $360,000 per year in sales to nearly $400 MIL annually under his leadership and became a globally renowned brand.

These efforts have won numerous honors and awards, including the Odyssey Award for Best Domestic Marketing Campaign from The Travel Industry Association (TIA), more than 14 gold, silver, and bronze awards from the Hospitality Sales and Marketing Association International (HSMAI) and Editor & Publisher's EPpy Award for Best Internet Shopping Service. Vegas.com was also a finalist for the Codie Award for Best Online Software Service by the Software and Information Industry Association (SIIA). Lefkowitz has 9 hospitality technology patents in the US, Canada, China, India, and other global jurisdictions.

A highly regarded leader and innovator, Lefkowitz has been featured in hundreds of magazines, newspapers, and television segments, including NBC Nightly News, ABC News, The Today Show, The New York Times, Los Angeles Times, Inc. Magazine, USA Today and many others. He has appeared as a public speaker at dozens of industry trade shows and universities, including the Haas Business School at University of California Berkley, San Diego State, and the University of Nevada, Las Vegas among others.

Currently Mr. Lefkowitz is involved with a few promising startups in healthcare, blockchain and crypto currency, and ecommerce, including Liquid Avatar Technologies, Oasis Digital Studios and Aftermath Islands.

About Aftermath Islands Metaverse Limited - www.aftermathislands.com

Aftermath Islands Metaverse Limited is a Barbados corporation which is 50% owned and is controlled by Oasis Digital Studios Limited, a wholly owned subsidiary of Liquid Avatar Technologies Inc.

Aftermath Islands as first described in the initial whitepaper published in 2017 and then subsequently updated, was based on the premise of a water-world with islands that represented destinations in a global virtual game. Since then, the Aftermath Islands metaverse has evolved and now represents exciting themed based islands, communities, and estates where players can experience a wide range of adventures and opportunities.

In Aftermath Islands' virtual world, users can buy, develop, trade, and sell Virtual Land (VL), property and assets, like buildings, crafted items, transport, and other items all through NFTs, a non-fungible token that represents the ownership of virtual and other assets. Each plot or parcel of VL is unique and owners get to choose what content they want to publish on their VL. This can range from simple scenery and structures to an interactive game, store, warehouse, dwelling, facility, or destination. Users can purchase VL as well as all other goods and services in Aftermath Islands with CREDITS, the current code name for in-game currency, fiat and other authorized currencies, coins, and tokens.

Aftermath Islands is a shared virtual world, much like the Metaverse described by author Ernest Cline in his science-fiction novels Ready Player One and Ready Player Two. Expected to launch mid-2022, Aftermath Islands will allow users to connect and interact with each other, create content, craft, participate in activities and quests and play games. Aftermath Islands will have a virtual economy where users can engage in a myriad of in-world economic transactions as well as monetize the content, items, quests, and applications they build.

For more information about Aftermath Islands, please visit www.aftermathislands.com

About Oasis Digital Studios Limited - www.oasisdigitalstudios.com

Oasis Digital Studios Limited ("Oasis") brings together leading individuals and organizations in blockchain technology, computer graphics, augmented reality, entertainment, art, sports, gaming, music, media, comic book, memorabilia, and pop culture arenas to support the fast-paced and growing digital collectible and NFT marketplace. The Oasis business model is to create storytelling, experiential and collectible partnerships with artists, sports personalities, talent, brands, and commercial enterprises to create digital offerings and digital / physical product programs via digital collectibles and NFTs. Oasis uses multimedia, cinematics, animations, and other techniques to create unique products together with the latest Augmented Reality and virtual technologies to tell the Artist and Talent stories providing immersive experiences for Digital Collectibles and NFTs. The Oasis AR Enhanced NFT experience, powered by ImagineAR, will be available exclusively through the Liquid Avatar Mobile App, which features the ability for users to create digital icons that allow them to manage, control and create value from their biometrically verified digital identity, and is available on Google Play and in the Apple App Store.

About Liquid Avatar Technologies Inc. - www.liquidavatartechnologies.com

Liquid Avatar Technologies Inc. focuses on the verification, management and monetization of Self Sovereign Identity, empowering users to control and benefit from the use of their online identity.

The Liquid Avatar Mobile App, available in the Apple App Store and Google Play is a verified Self Sovereign Identity platform that empowers users to create high quality digital icons representing their online personas. These icons allow users to manage and control their digital identity and Verifiable Access and Identity Credentials, and to use Liquid Avatars to share public and permission based private data when they want and with whom they want.

The Liquid Avatar Verifiable Credentials Ecosystem (LAVCE) has been developed to support all participants in a digital credential ecosystem, including the Holder, Issuer and Verifier, using state-of-the-art blockchain and open standards technologies initially as a node on the Indicio Network. The Company is a voting and steering committee member of the Trust over IP Foundation, founding and steering committee member of Cardea, a Linux Foundation Public Health project, member of the Good Health Pass collaborative, DIACC, the Covid Credentials Initiative ("CCI"), The Linux Foundation and a founding member of the Lumedic Exchange.

The Company has a suite of early-stage revenue generating programs that support the Liquid Avatar Mobile App program, including KABN KASH, a cash back and reward program that has over 500 leading online merchants and is working to release its own branded network payment card.

The Company's subsidiary, Oasis Digital Studios, is a creative and development agency that supports a wide range of artists, talent, and enterprises with Non-Fungible Token (NFT) solutions and has acquired 50% and control of the Aftermath Islands Metaverse program.

Liquid Avatar Technologies Inc. is publicly listed on the Canadian Securities Exchange (CSE) under the symbol "LQID" (CSE:LQID).

The Company also trades in the United States, on the OTCQB under the symbol "LQAVF" and in Frankfurt under the symbol "4T51".

If you have not already joined our mailing list and would like to receive updates on Liquid Avatar Technologies Inc., please click here to join!

For more information, please visit www.liquidavatartechnologies.com

For further information, please contact: 

David Lucatch
Chief Executive Officer
647-725-7742 Ext. 701
ir@liquidavatar.com

US and Canadian Media Contact:

Nicole Rodrigues
NRPR Group
nicole@nrprgroup.com

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

All websites referred to are expressly not incorporated by reference into this press release.

Forward-Looking Information and Statements

This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved".

The forward-looking information and forward-looking statements contained herein include, but is not limited to, statements regarding the future launch of in-game activities, sales of digital and physical collectibles, Non-Fungible Tokens and other related products through Oasis Digital Studios and / or its clients, partners and other service providers, statements regarding the future capabilities of LAVCE or the operation of an Indicio Network Node, expected geographic expansion, the ability of the Company to generate revenues, roll out new programs and to successfully achieve business objectives, and expectations for other economic, business, and/or competitive factors.

By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance, or achievements of the Company to be materially different from those expressed or implied by such information and statements.

Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws.

SOURCE: Liquid Avatar Technologies Inc.







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February 06,2025

MicroStrategy Rebrands To Strategy As Bitcoin Acquisition Continues

On February 5th, 2025, MicroStrategy officially rebranded to Strategy with a Bitcoin-focused marketing approach. The company remains the largest corporate Bitcoin holder with 471,107 BTC.

 

High Investor Demand

Besides MicroStrategy, other companies like Metaplanet, Semler Scientific, and Rumble have also adopted Bitcoin (BTC) as a treasury asset. BlackRock in particular is expanding its Bitcoin offerings with a Bitcoin ETP in Europe, following the success of its IBIT ETF in the US.

Elsewhere, the South Korean Financial Investment Association (KOFIA) is advocating for crypto ETF approval due to high investor demand both locally and internationally. Rumble also recently committed $20 million to Bitcoin as a hedge against inflation, purchasing its first Bitcoin earlier this year.

 

Bitcoin As A Lifeline
Following the rebranding, MicroStrategy will continue its focus on business intelligence software and Bitcoin treasury strategy. Co-founded by Bitcoin advocate Michael Saylor, it holds 471,107 BTC, valued at over $45.6 billion.

Saylor often points to how Bitcoin can help companies with limited financial flexibility. To that end, Metaplanet adopted a Bitcoin reserve strategy in April 2024 and plans to hold 10,000 BTC by 2025. Semler Scientific, which adopted Bitcoin in 2024, saw a 30% surge in its stock price. Both companies were struggling financially before adopting Bitcoin as a treasury asset.

February 06,2025

Legal Watchdog Calls For Investigation Into TRUMP Meme Coin

Public Citizen, a U.S.-based non-profit, has called for a federal investigation into President Donald Trump and his promotion of the TRUMP meme coin.

The complaint, submitted to the Department of Justice (DOJ) and the Office of Government Ethics (OGE), claims Trump may have violated laws prohibiting the solicitation of gifts by the public.

 

Unlawful Gift Solicitation

The TRUMP token, mostly owned (80%) by CIC Digital LLC, a Trump Organization affiliate, has raised concerns about enabling untraceable foreign transactions. Public Citizen argues that the U.S. President blatantly promoting it could be considered an unlawful gift solicitation under federal laws, including 18 U.S.C. § 201 and 5 C.F.R. § 2635.

The official complaint cites a January 2024 tweet by Trump promoting the token, where Public Citizen notes that while the President can accept gifts, soliciting them for personal gain is prohibited. They argue that the tweet and promotion through Truth Social ask for money in exchange for a digital receipt with no tangible product.

 

Concerns About Foreign Influence

Experts have criticized the token as lacking value, with the complaint likening the transaction to a donor sending a check for digital confirmation. Public Citizen also raised concerns about foreign influence, citing the difficulty of tracking cryptocurrency transactions.

They have also urged the DOJ and OGE to investigate whether these actions violate the Emoluments Clause, which restricts government officials when it comes to accepting gifts by foreign entities. The non-profit is calling for immediate action if the promotion of the meme coin is deemed an illegal solicitation.

 

February 06,2025

TIGER 21 Invests Up To $6B In Crypto

TIGER 21, a network of high-net-worth investors, has allocated up to $6 billion in crypto within its $200 billion portfolio.

 

The Importance Of Bitcoin

According to Michael Sonnenfeldt, the founder of TIGER 21, the company has allocated a maximum of 3% of $200 billion in digital assets. He noted that Bitcoin is gaining recognition as a store of value, similar to gold, and serves as a hedge against instability in countries like Argentina and Lebanon.

Additionally, Sonnenfeldt mentioned that nearly 80% of the portfolio is invested in real estate, private equity, and other long-term assets, with its cash position dropping to under 10% for the first time in 17 years.

 

Growing Institutional Interest

TIGER 21 operates on an invitation-only model, with a minimum of $20 million in investable assets required to join. Since its founding in 1999, the network has grown to over 1,600 members across 53 global cities.

In any case, the $6 billion crypto position reflects the rising institutional interest in digital currencies, particularly as the U.S. regulatory environment becomes clearer. The total crypto market cap is currently at $3.3 trillion, with Bitcoin dominance at 61.42%.

February 06,2025

Hacker Exploits Jupiter X Account To Promote Fake Meme Coins

Jupiter was recently hit by a major security breach that compromised its X (formerly Twitter) account. As of this writing, the Solana-based DEX aggregator is still trying to control the situation.

 

Damage Control

The hacker exploited Jupiter to promote a fake meme coin, $MEOW, causing widespread panic among the community. The scam reportedly tricked unsuspecting traders into purchasing the fraudulent token, leading to millions of dollars in losses within minutes.

Jupiter Mobile quickly issued a warning to its users, urging them to avoid clicking on any links shared through the compromised account. Despite these efforts, the hacker continued to post about another suspicious token, $DCOIN.

 

Increasing Concerns

Unfortunately, many users reported losing their hard-earned tokens, highlighting the severity of the breach and the vulnerability of assets in the DeFi space. The hack also sparked a wave of criticism by the crypto community, with many questioning how a platform handling billions in liquidity could fail to secure its social media accounts.

With the breach still unresolved and the X account remaining compromised, concerns about the overall security of crypto platforms have only deepened, and it is the community which continues to suffer.

 

February 05,2025

Block Production Temporarily Halted By XRP Ledger

The XRP Ledger experienced a rare disruption on Tuesday, halting block production for about an hour before recovering spontaneously. The network froze at ledger height 93927173, but validators quickly investigated and confirmed that no assets or transactions were lost.

 

Back Online

The XRP Ledger is now fully operational, and transactions have resumed as normal. David Schwartz, CTO of XRPL, explained that while consensus was running, validations were not being published, causing the network to drift.

He also suggested the network recovered on its own without major changes by UNL operators. Although the incident raised concerns about transaction safety, Schwartz clarified that no assets were at risk. The disruption is part of ongoing technical challenges faced by the XRP Ledger, including previous node failures and emergency patches in 2024.

 

Key Changes

In January 2023, the XRPL Foundation reduced the validator influence of Ripple by removing one of its operated validators, dropping its control to 2 out of 34. The UNL was later expanded to 36 validators in March 2023.

Despite concerns by critics, Daniel Keller, CTO of XRPL node operator Eminence, confirmed that all 35 validators were actively proposing. XRP Ledger also made changes to its fee structure, reducing the account activation reserve requirement to just 1 XRP.

 

February 05,2025

Moonray To Launch On Xbox And PS5 This Year

Ethereum (ETH) is getting ready to launch their game, Moonray, on both Xbox and PS5. Blockchain-based games will not achieve widespread adoption without mainstream platforms, says Moonray Studios CEO Rodrigo Etcheto.

Although exact release dates are still to be confirmed, the porting process is underway, and the team plans to begin playtests in mid-2025.

 

Reaching A Larger Audience

Moonray is an Ethereum-based multiplayer battle arena game. It has been available on PC through the Epic Games Store since last July. The game is slated to launch on Xbox Series X and PlayStation 5 later this year.

Blockchain-based games will not achieve widespread adoption without mainstream platforms, says Moonray Studios CEO Rodrigo Etcheto. He stated that most gamers are already on platforms like PlayStation, Xbox, and Steam, so to bring gamers into Web3, it is important to meet them where they are.

Without engaging with players on their terms, he added, blockchain games will struggle to reach a large audience.

 

Working Within The System

Moonray becomes the second Web3 title to make its way to mainstream consoles, following the early-access release of the first-person shooter Off The Grid on Xbox Series X and PlayStation 5 in October.

Etcheto believes Moonray has successfully struck the right balance between cross-platform gameplay to engage as many players as possible, while still adhering to the guidelines of each platform. This was especially tricky for Epic Games as they do not support cryptocurrencies.

In fact, for crypto games specifically, working within these guidelines has not always been straightforward. In October 2021, Valve, the company behind Steam, banned blockchain-based games on its platform as well as any crypto or NFT-related content.

 

February 05,2025

Semler Scientific Becomes 10th Biggest Bitcoin Holder

Semler Scientific recently acquired over $88 million worth of Bitcoin (BTC), with a reported paper gain exceeding 150%.

In a press release on February 4th, the healthcare technology and software company stated that it purchased a total of 871 BTC between January 11th and February 3rd for $88.5 million, which translates to an average purchase price of $101,616 per Bitcoin.

 

Massive ROI

Besides the paper gain, the company also reported a cumulative yield of 152% between July 1st, 2024, to February 3rd, 2025, following the implementation of its Bitcoin treasury strategy. It also highlighted a 22% yield for the year thus far.

As of February 3rd, Semler holds 3,192 BTC, purchased for a total of $280 million. The company funded its cryptocurrency acquisition using a senior convertible notes offering and the liquidation of part of its minority stake in Monarch Medical Technologies.

 

10th Biggest BTC Holder

Eric Semler, Chairman of Semler Scientific, says he is excited about the progress the company is making in increasing their Bitcoin reserves. He also expressed satisfaction with the partial monetization of the Monarch Medical investment to facilitate additional Bitcoin purchases.

According to Bitcoin Treasuries, Semler is now the 10th-largest corporate holder of Bitcoin, as institutional adoption continues to grow.

 

February 05,2025

U.S. SEC Finally Reduces Crypto Oversight

The U.S. Securities and Exchange Commission (SEC) is downsizing its crypto enforcement unit, reassigning over 50 staff members. Meanwhile, SEC Commissioner Hester Peirce is now leading a new crypto task force to create clearer regulations.

 

Reducing Government Intervention

According to The New York Times, several crypto unit members have been moved to other departments, and at least one senior lawyer was removed within the enforcement division, which some insiders see as an unfair demotion.

This shift aligns with President Trump pushing to reduce government intervention in crypto, aiming to make the U.S. a global leader in digital assets. Hester Peirce has repeatedly criticized the past approach which the agency has taken, calling it legally vague and impractical.

 

Complete Overhaul

The restructuring also raises concerns about ongoing SEC lawsuits, such as the one against Coinbase, which the SEC claims operates as an unregistered securities platform. Under former SEC Chair Gary Gensler, the agency faced backlash for its unclear regulatory stance on crypto.

This overhaul is part of the broader Trump administration effort to reform crypto regulations, including repealing the controversial SAB121 policy and rejecting the creation of a central bank digital currency (CBDC).

 

February 04,2025

Crypto Market Recovers After Trump Delays Tariffs

The decision by U.S. President Donald Trump to temporarily pause tariffs on Mexico and Canada gave the cryptocurrency market a much-needed boost, following sharp losses after his initial tariff proposal.

 

Market Reacts

The move, which came after discussions with Canadian Prime Minister Justin Trudeau, also saw the announcement of a $1.3 billion border security plan between the U.S. and Canada. Meanwhile, tariffs on Mexico were similarly delayed, with both governments agreeing on a series of trade and security measures.

The crypto market quickly rebounded, with Bitcoin (BTC) climbing past $100,000 and Ethereum (ETH) recovering to $2,800 after significant drops. Speculation also grew about potential Bitcoin investments after Trump signed an executive order exploring a U.S. sovereign wealth fund, which was also supported by Senator Cynthia Lummis.

 

Big Leadership Changes

Treasury Secretary Scott Bessent was appointed acting director of the CFPB after Trump removed Rohit Chopra, though the reasons behind the change remain unclear. Trump also recently fired former SEC Chair, Gary Gensler, after years of Gary waging a one-man war on the crypto industry.

Trump has also been busy positioning his preferred candidates in leadership roles at major U.S. financial regulatory bodies, contributing to an overall shift in sentiment that saw the Crypto Fear & Greed Index rise into the Greed zone.

 

February 04,2025

U.S. Parents Are Choosing Bitcoin Over 529 College Plans

An increasing number of American parents are no longer choosing 529 college savings plans, instead opting for Bitcoin (BTC), viewing it as a long-term investment and inflation hedge.

Despite its volatility, Bitcoin has outperformed traditional investments like stocks. Some use it as a full replacement for 529 plans, while others see it as a way to diversify, trusting their children will have time to manage market ups and downs.

 

Setting Up For Life

Financial expert Rajat Soni said that investing $10-$100 of Bitcoin per month for 18 years will set your kids up for an excellent life, claiming it will massively outperform the rest of the portfolio. BTC nearly hit $110,000 this year, which has increased investor confidence, with some predicting further growth.

However, it should be mentioned that opting for Bitcoin over 529 plans means losing tax benefits like tax-free withdrawals for education expenses. Still, many feel this is worth the risk.

 

Bitcoin Keeps Growing

Bitcoin adoption is also growing among institutional investors, with over 70 publicly traded companies now holding more than 600,000 BTC. Political figures like President Trump have shown their support, with some countries, such as the Czech Republic and Hong Kong, exploring Bitcoin reserves.

Experts like Travis Kling, founder of Ikigai Asset Management, argue that the decentralized nature, fixed supply, and global accessibility of Bitcoin make it a stronger financial asset. He predicts Bitcoin could reach a market cap of $15 trillion by 2035, potentially surpassing U.S. Treasury bonds.

 

February 04,2025

Over $20M Liquidated As PEPE Continues To Struggle

Pepe (PEPE) was trading around $0.00001 on Tuesday, following a 23% drop last week. The recent correction has caused over $20 million in liquidations within two days. On-chain metrics also show weakness, with negative funding rates and a sharp decline in the Network Realized Profit/Loss (NPL) indicator, suggesting further downside.

 

Massive Liquidations

PEPE fell 11% on Sunday, hitting a low of $0.000007 on Monday before a brief recovery. This triggered the aforementioned $20 million in liquidations, raising concerns about increased selling pressure. On-chain data shows more traders betting on further declines.

Meanwhile, the OI-Weighted Funding Rate is negative at -0.0059%, indicating bearish sentiment. Additionally, the NPL indicator dropped sharply, showing that holders are realizing losses, which could lead to additional selling.

 

Price Outlook

After facing resistance on January 18th, PEPE fell 47% and is now below its 200-day EMA. If it closes below $0.000010, a further 40% drop is possible, potentially revisiting its August low. The RSI remains at 32, signaling more room for decline before reaching oversold conditions.

Still, the meme coin has managed to gain some semblance of price improvement over the past 24 hours, increasing by nearly 10%, although it is down by over 24% on a weekly basis.

 

February 04,2025

Sygnum Bank Remains Skeptical About AI Agents

A recent report by Sygnum Bank suggests that AI agents, while popular, remain highly speculative. Despite these challenges, the sector remains promising, and projects with real utility may lead future AI-driven crypto advancements.

 

Utility Over Hype

In its quarterly outlook, the Swiss crypto bank noted growing interest in AI-driven crypto initiatives, particularly AI agents. Despite their traction, these agents have yet to prove their value beyond speculation.

Meanwhile, infrastructure projects like Bittensor (TAO), the Artificial Superintelligence Alliance (FET), and Phala Network are tackling more practical challenges by integrating AI with decentralized applications (dApps).

 

Widespread Adoption

In any case, AI agent tokens have grown rapidly over the last few years, with their total market cap surpassing $15 billion by Q4 2024. Agentic AI, which automates decision-making, is a key driver behind this growth and is valuable in areas like trading, social media, and DeFi.

Industry leaders like Sam Altman and Mark Zuckerberg predict that AI agents will become entirely mainstream by the end of 2025. However, Sygnum cautioned that these agents are still vulnerable to external factors, such as cheaper AI technologies like DeepSeek, which recently triggered a U.S. stock market crash.