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AI Agent Market Tanks 77%, But a Comeback May Be Near

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The artificial intelligence (AI) agents crypto sector is facing continued losses, with its total market capitalization dipping below $5 billion amid a broader decline. 

The ongoing slump has raised concerns about the sector’s stability, sparking debate regarding its long-term potential. 

AI Agents Face Major Market Slump

This downturn follows a period of rapid growth. The majority of the top AI agent tokens saw substantial gains, peaking between December and January. Nonetheless, that momentum has now reversed.

ai agent
AI Agents Market Performance. Source: CoinGecko

The decline has affected nearly all AI tokens, with most following a similar trajectory in the crypto market. 

“The sector has declined 77.5% from its peak,” Whale Insider posted on X.

According to the latest data, the sector suffered a 6.8% loss in the past 24 hours alone, bringing its total market capitalization down to $4.4 billion. Additionally, all of the top 10 AI tokens have recorded double-digit losses over the past week, signaling a widespread correction.

Further insights from Cookie Fun reveal that the downturn is spread across multiple blockchains. Solana’s (SOL) AI Agents sector has seen a 4.3% decline over the past day. Its market capitalization stood at $1.1 billion.

Similarly, Base’s AI sector has dropped to $736.6 million, marking a 5.8% loss over the same period.

Other blockchain networks hosting AI-related tokens have been hit even harder, with their collective market cap shrinking to $722.2 million, down a staggering 15.2% in the last 24 hours. 

The Future of AI Agents: Still a Game-Changer?

While the sector’s sharp decline has raised concerns about its long-term viability, Guy Turner, founder of Coin Bureau, argues that it is still too early to dismiss the potential of AI Agents.

“With the right catalyst, not only could it recover, but it could even surge to new heights,” Turner said.

He believes AI Agents could see renewed interest as AI technology advances, drawing fresh adoption. Turner pointed to retail engagement, regulatory clarity, and institutional investment as key growth drivers. 

According to him, support from governments, tech firms, and financial institutions could legitimize the sector, shifting it from speculation to a major market force.

That’s not all. Turner also acknowledged the possibility of a meme coin resurgence acting as a short-term catalyst. While AI Agent tokens are sometimes dismissed as “meme coins with a chatbot attached,” he believes this perception oversimplifies their true potential

“AI agents are clearly a disruptive force, and we don’t yet know exactly how much value they can provide but you can bet your bottom dollar that tech companies everywhere are going to do whatever it takes to find out,” he added.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Paul Atkins Confirmed as SEC Chair, Crypto Rules to Ease

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The US Senate has confirmed Paul Atkins as the new chair of the Securities and Exchange Commission. Senators approved the appointment on Wednesday with a 52-44 vote. 

Atkins is expected to shift the agency’s approach to financial oversight. He plans to ease regulatory requirements, scale back corporate disclosure rules, and continue the commission’s new pro-crypto stance. 

SEC Has a Pro-Crypto Chair

Since last week’s Senate hearing, there have been some doubts about Paul Atkins’ appointment. This was largely due to his significant crypto exposure as an investment leader. 

However, the Senate has decided today with a tight vote.

The leadership change follows a period of major transition at the agency. Mark Uyeda, who served as acting chair after Gensler’s departure, launched a fast-paced overhaul of crypto policy. 

“Confirmed, 52-44: Confirmation of Executive Calendar #61 Paul Atkins to be a Member of the Securities and Exchange Commission for the remainder of the term expiring June 5, 2026,” wrote the Senate Cloakroom.

Under Uyeda, the SEC dismissed several major enforcement actions tied to digital assets. The agency also declared that certain crypto sectors — including stablecoins, proof-of-work mining, and meme coins fall outside its jurisdiction.

Some of these areas have financial links to the Trump family. Their ventures include meme coin projects and connections to World Liberty Financial, a firm backing its own stablecoin

Atkins is expected to formalize these regulatory shifts and oversee any new standards that may follow from pending legislation.

“Atkins may have made history tonight as the first SEC commissioner to get confirmed by the Senate three times. Once in 2002, then again in 2003, and now in 2025,” wrote Eleanor Terrett.

The SEC has already begun loosening several other rules. Uyeda delayed implementation deadlines for policies introduced during Gensler’s term. 

He also revised rules on shareholder proposals, making it harder for activists to force issues onto corporate ballots. 

The agency withdrew its defense of rules that required companies to disclose climate-related risks and emissions.

Atkins will take over a smaller agency. Around 500 staff have accepted voluntary resignations or buyouts. This has been part of the Trump administration’s broader effort to shrink federal agencies.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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XRP Primed for a Comeback as Key Technical Signal Hints at Explosive Move

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XRP’s recent recovery has sparked fresh optimism among traders, but what’s happening behind the scenes tells an even more compelling story. This isn’t just a typical bounce; the charts reveal a calculated shift in momentum. Technical indicators like the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) are beginning to align, suggesting that XRP is approaching a crucial decision zone. 

Following the recent downturn in the market, the price is now on a bullish recovery after testing the $1.7 key support level with increasing conviction. If the current momentum continues and resistance zones give way, XRP could be on the verge of a significant breakout. However, failure to build on this momentum could trap the token in another consolidation phase or a deeper retracement.

MACD Signals Brewing Bullish Pressure For XRP

In a recent post on X, crypto analyst Javon Marks pointed out that XRP’s MACD is approaching a critical breaking point, potentially signaling a shift in market momentum. He emphasized that this MACD indicator is showing signs of a bullish crossover, which could mark the start of a strong upward movement.

Coupled with this, Marks highlighted that XRP is currently holding a key Regular Bullish Divergence, where the price has been making lower lows while the MACD is showing higher lows. This indicates a weakening of bearish pressure, setting the stage for a potential reversal.

XRP

Marks suggested that this technical setup could be the catalyst for the bulls to take control, potentially leading to a powerful move that breaks through current resistance levels. With this convergence of bullish signals, XRP may be primed for a rally back toward the $3.30+ range, continuing its previous uptrend.

Key Levels to Watch: The Exact Breakout And Rejection Zones That Matter

In order to fully understand the future movements of XRP, it’s crucial to pinpoint the key levels that will either drive the price higher or cause a reversal. Firstly, the breakout zone for the altcoin lies around the $1.97 resistance level. 

If the price manages to surpass this threshold with strong volume, it could trigger a surge towards higher levels, including $2.64 and $2.92. This breakout would likely confirm the upward momentum suggested by the MACD and the regular bullish divergence.

On the other hand, a rejection at the $1.97 resistance level might signal a lack of buying interest. Should the asst fail to break above this level, the price could pull back toward lower support levels like $1.7 or even $1.34. A failure to hold these support levels would trigger the potential for a more substantial downturn, with bears regaining control.

XRP



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SEC Approves Ethereum ETF Options Trading After Delays

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After several delays, the SEC approved options trading on BlackRock’s iShares Ethereum ETF. This effort was initiated by Nasdaq last summer, and today was the Commission’s final deadline to confirm or reject it.

Ethereum’s price grew more than 14% today and this bullish development could help sustain these unrelated gains for the foreseeable future.

Ethereum ETF Gets Options Trading

Since the Ethereum ETF first won approval, it’s had a large impact on crypto markets. As the market has matured, several issuers have spent the last few months trying to get options trading approved as well.

After the SEC’s previous delay, the Commission had to make a firm decision by today’s deadline, and it decided to approve these options.

“The Commission is publishing this notice to solicit comments… from interested persons, and is approving the proposed rule change… on an accelerated basis,” the SEC’s release claimed.

Options are financial derivatives that grant the holder the right, but not the obligation, to buy or sell an underlying asset at a predetermined price before a specified expiration date.

In the context of the iShares Ethereum ETF, options trading enables investors to speculate on or hedge against the price fluctuations of BlackRock’s Ethereum Trust without directly transacting in the ETF itself.

Options trading can attract a broader range of investors. This includes institutional players seeking sophisticated instruments to manage risk and exposure in the crypto market.

Nasdaq filed this particular application in the summer of 2024, but it has faced a series of delays. Still, this formal approval aligns fairly well with the market’s expectations.

ethereum price chart
Ethereum Daily Price Chart. Source: BeInCrypto

The price of Ethereum hardly budged after this announcement. The announcement was largely overshadowed by Trump’s tariff pause, which caused gains of over 14%.

That isn’t to say that Ethereum ETF options trading is insignificant, of course. This approval will bring several key advantages to Ethereum, like institutional legitimacy, liquidity, and investor access.

Tariff fears recently pulled over $3 million from the altcoin’s spot ETF market. So, this development might encourage a bullish resurgence.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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