Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems.

In two years of active crypto writing, Semilore has covered multiple aspects of the digital asset space including blockchains, decentralized finance (DeFi), staking, non-fungible tokens (NFT), regulations and network upgrades among others.

In his early years, Semilore honed his skills as a content writer, curating educational articles that catered to a wide audience. His pieces were particularly valuable for individuals new to the crypto space, offering insightful explanations that demystified the world of digital currencies.

Semilore also curated pieces for veteran crypto users ensuring they were up to date with the latest blockchains, decentralized applications and network updates. This foundation in educational writing has continued to inform his work, ensuring that his current work remains accessible, accurate and informative.

Currently at NewsBTC, Semilore is dedicated to reporting the latest news on cryptocurrency price action, on-chain developments and whale activity. He also covers the latest token analysis and price predictions by top market experts thus providing readers with potentially insightful and actionable information.

Through his meticulous research and engaging writing style, Semilore strives to establish himself as a trusted source in the crypto journalism field to inform and educate his audience on the latest trends and developments in the rapidly evolving world of digital assets.

Outside his work, Semilore possesses other passions like all individuals. He is a big music fan with an interest in almost every genre. He can be described as a “music nomad” always ready to listen to new artists and explore new trends.

Semilore Faleti is also a strong advocate for social justice, preaching fairness, inclusivity, and equity. He actively promotes the engagement of issues centred around systemic inequalities and all forms of discrimination.

He also promotes political participation by all persons at all levels. He believes active contribution to governmental systems and policies is the fastest and most effective way to bring about permanent positive change in any society.

In conclusion, Semilore Faleti exemplifies the convergence of expertise, passion, and advocacy in the world of crypto journalism. He is a rare individual whose work in documenting the evolution of cryptocurrency will remain relevant for years to come.

His dedication to demystifying digital assets and advocating for their adoption, combined with his commitment to social justice and political engagement, positions him as a dynamic and influential voice in the industry.

Whether through his meticulous reporting at NewsBTC or his fervent promotion of fairness and equity, Semilore continues to inform, educate, and inspire his audience, striving for a more transparent and inclusive financial future.

Crypto AI Agents were one of the most talked-about narratives in the crypto space, with projects like VIRTUAL and AI16Z reaching record valuations. However, the sector has struggled since mid-January, as sentiment shifted and DeepSeek’s influence further accelerated the ongoing correction.

As a result, market caps have plummeted, and investors are now reassessing the sustainability of AI-driven blockchain projects. While a rebound is still possible, the entire crypto AI sector needs renewed confidence to regain momentum.

Crypto AI Agents Coins Market Cap Is Now At $8 Billion

Crypto AI Agents were one of the hottest narratives in recent months, with tokens like VIRTUAL and AI16Z reaching record highs. The growing hype around AI-driven blockchain projects pushed their market caps to new levels, attracting strong investor interest.

However, the sector has faced heavy losses since January 15, especially after DeepSeek started affecting the broader artificial intelligence market, which impacted a correction that was already taking place even more. This shift in sentiment triggered a sell-off, wiping out a significant portion of recent gains.

In the last 24 hours, the Crypto AI Agents sector has been down 15%, with its market cap now at $8 billion. All 10 top tokens in the sector have declined, with AI16Z dropping 17.9% in the past day and 46.7% over the past month. The sell-off shows no signs of slowing down yet.

VIRTUAL Is Reaching Its Lowest Levels In Months

VIRTUAL is a prime example of the broader correction in crypto AI agent tokens. At its peak, on January 2, it briefly became the largest AI coin, surpassing TAO and RENDER, with a market cap of over $5 billion.

Launched on Base, VIRTUAL provides an easy way for users to deploy AI agents on-chain. As a result, the project gained massive hype, driving its price up by 4,236% between October 2024 and January 2025.

However, in recent weeks, VIRTUAL has faced a sharp decline, with its price dropping over 61% in the last 30 days, bringing its market cap down to around $1 billion, the lowest since November 2024.

Will Crypto AI Agents Recover Their Good Momentum?

AI recently dominated crypto mindshare, reaching over 70% a few weeks ago. However, its influence has sharply declined to just 32%, with Memes, DeFi, and ETFs now closing in as the second, third, and fourth most discussed sectors.

For AI agent tokens to regain momentum, the entire crypto AI sector needs a strong rebound. Meanwhile, many investors are questioning valuations and reassessing their positions, especially after DeepSeek’s impact on the market.

Without renewed confidence in AI-driven projects, recovery remains uncertain. A broader shift in sentiment and fresh catalysts will be necessary for AI coins to start rising again.

Kraken’s revenue surged significantly in 2024, reaching $1.5 billion—an increase of 128% year over year.

The US-based crypto exchange’s financial success aligns with a broader market upswing, which saw Bitcoin and other digital assets reach new all-time highs.

Kraken’s Trading Volume Hits $665 Billion

In 2024, the platform reported $380 million in earnings before interest, taxes, depreciation, and amortization (EBITDA), fueled by $665 billion in trading volume.

On average, Kraken generated over $2,000 per customer while holding approximately $42.8 billion in assets. The platform also managed 2.5 million funded accounts, becoming the fifth-largest centralized exchange in terms of daily trading volume.

Kraken attributes its success to a long-term growth strategy rather than short-term market trends. This focus has helped it dominate the stable-to-fiat on-ramp sector. The exchange managed over 40% of the global stable-fiat volume among major centralized exchanges.

The company also emphasized its commitment to seamless execution, reporting 2.5 billion trades since inception, 99.9% platform uptime, and sub-2ms round-trip latency.

Kraken Co-CEO Arjun Sethi reaffirmed the firm’s commitment to transparency while announcing plans to release quarterly financial reports that would include the exchange of proof-of-reserves disclosures.

“Today’s financial highlights are the first of many as we continue to prioritize transparency and accountability. We remain committed to publishing our Proof of Reserves regularly, ensuring our clients’ highest level of trust,” Sethi added.

While speculation about a 2025 initial public offering (IPO) continues, Kraken has not confirmed any plans. Instead, the firm stated that it maintains financial independence, having raised only $27 million in primary funding since its launch in 2011.

Regulatory Hurdles Persist

Despite its strong financial performance, Kraken continues to face significant regulatory hurdles in the US.

The exchange settled with the SEC in 2023 over its staking services, leading to the suspension of the product. However, it reintroduced staking for users in 39 states earlier this week while announcing to shut down its NFT marketplace in February.

Meanwhile, Kraken remains entangled in an SEC lawsuit, which alleges it has been operating as an unregistered exchange, broker, and clearing agency. The regulator claims Kraken facilitated unlawful crypto securities transactions since 2018, generating significant revenue.

However, a recent court ruling allowed the exchange to proceed with its “fair notice” and “due process” defenses, though its “major questions doctrine” argument was dismissed.