5 must-read articles in the evening | Is CryptoPunks going to be acquired?

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Reprinted from jinse

01/16/2025·17days ago

1. A quick overview of the 21 winning projects of Solana AI Hackathon

On January 16, 2025, the results of the Solana AI Hackathon organized by SendAI were officially announced. After 15 days of competition, 21 winners were selected from more than 400 projects, with a total prize money of US$275,000. Click to read

2.Delphi Digital: Ten prospects for the encryption industry in 2025

BTC continues to align with Delphi's cyclical strategy, which predicts BTC hitting new highs in Q4 2024. So far, every new BTC high has coincided with a monthly RSI breakout >70. The previous bull market did not stop until the monthly RSI exceeded 90. According to the monthly price regression channel, BTC remains 1-2 standard deviations below the trend that indicates a top. Click to read

3. How can XRP achieve "a bear market that stays sideways for several

years and a bull market that rises for half a year" when it rises above $3?

Today, the price of XRP exceeded US$3 for the first time since 2018. As of press time, the price of XRP is now trading at US$3.17, with a 24h increase of 9.2% and an increase of more than 30% in the past week. The overall gains far outpaced the overall crypto market. Furthermore, XRP price is already very close to its all-time high of $3.4 set in January 2018. Click to read

4. In-depth analysis of Usual: the "tricks" behind USD0++ de-anchoring and

revolving loan liquidation

Recently, the de-anchoring of USD0++ issued by Usual has become a hotly discussed keyword in the market, and has also caused panic among many users. The project increased more than 10 times after being listed on the top CEX in November last year. Its RWA-based stablecoin issuance mechanism and Token model are quite similar to Luna and OlympusDAO in the previous cycle, plus French Congressman Pierre Person Endorsed by the government, Usual once gained widespread attention and heated discussion in the market. Click to read

5. Is CryptoPunks going to be acquired? Who is the intended buyer?

Yesterday, the floor price of CryptoPunks rose from 35 ETH to 42 ETH, with a maximum of over $135,000 in US dollars. Trading volume and sales surged by 321% and 285% respectively on the day. Click to read

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