Tether is integrating its USDT stablecoin into the Bitcoin Lightning Network using the Taproot Assets protocol.

The S&P 500 rose 0.53% on Thursday and is up 3.2% for the month, driven by positive tech earnings despite ongoing market volatility. Gold prices surged to a record high on Thursday due to safe-haven demand amid U.S. tariff threats. Spot gold rose 1.4% to $2,796.15 per ounce, while U.S. gold futures increased by 2% to $2,824. Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 1.01%, with Bitcoin and Ether rising by 0.65% and 3.31%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is AR, which surged nearly 20.9% following KYVE's archiving of 10TB of Web3 historical data on Arweave.

Arweave (AR), launched in June 2018, is a decentralized platform for permanent data storage. It uses its AR cryptocurrency to ensure data permanence, offers easy web access, and partners with the Internet Archive to secure data preservation. KYVE has 

 over 10TB of compressed, trustless data onto Arweave, including historical chain data from Ethereum, Osmosis, Celestia, and Archway, making Web3 history easily accessible.

Check Out the Latest Prices, Charts, and Data of 

 its USDT stablecoin into the Bitcoin Lightning Network using the Taproot Assets protocol. This partnership, announced at the Plan B conference, aims to expand Bitcoin's functionality and allow USDT payments on Lightning. Tether, with a market cap of $139.4 billion, processed $10 trillion in transactions in 2024 and operates across multiple blockchains. The integration is expected to benefit users in emerging markets and support future transactions between AI agents and autonomous vehicles.

Yesterday, the BTC Spot ETF saw a total flow of $266.6 million, all from non-GBTC sources.

D3 is developing a DomainFi network on the Doma Protocol and has raised $25M from top VCs. They are partnering with projects like Solana Foundation and Avalanche. To potentially qualify for an airdrop, you can buy a domain for $10/year. Payments can be made with Ethereum or the domain's respective chain. Participation carries some risk.

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Tether Brings USDT to Bitcoin Lightning Network

Our weekly crypto derivatives analytics report delves into macro events, the current state of crypto and trading signals from spot trading volume, as well as futures, options and perpetual contracts.

Markets faced a significant risk-off event early this week as DeepSeek's LLM announcement coincided with sharp declines in major indices and crypto markets. Despite the volatile sell-off in spot markets, open interest in perpetual swaps remained stable, with funding rates briefly turning negative before recovering. 

Options markets saw an increase in trading volume during the sell-off, although forward-looking volatility expectations declined. The period of positive funding rates for perpetuals ended due to bearish spot price action on Monday. In the options space, realized volatility fell below implied volatility, reflecting a small-scale repeat of the pre-inauguration term structure inversion. Notably, ETH options maintained a volatility premium over BTC options, while longer-dated volatility smiles exhibited a bullish skew toward out-of-the-money (OTM) calls.

Please check out the report’s highlights.

Options open interest data shows minimal change over the past week, except for the expiration and reopening of short-dated options. Despite the largest single-day trading volumes in call options this month — nearly $250M during the spot price sell-off — trade volume did not significantly impact volatility, which has declined for both realized and implied metrics. Positioning has split between short- and longer-tenor volatility smiles. Short-tenor options are exhibiting lower volatility and a neutral skew, while longer-dated volatility smiles are reflecting increased volatility expectations and a persistent bullish skew toward OTM calls, as has been the case since the election.

ETH options trading volume has surged over the past week, marking its strongest levels in a month. While late December 2024 and early January 2025 saw robust activity, recent data indicates a more active calls market, with open interest remaining heavily weighted toward calls. The early-week global market sell-off briefly shifted short-tenor ETH volatility smiles away from calls, reminiscent of the volatility term structure inversion seen before the inauguration. Despite ETH's spot recovery being weaker than BTC's, its options have maintained higher volatility levels.

Following last week's rally in spot price due to the launch of two presidential meme coins, Solana's price has retreated with the broader crypto market. However, positioning from the rally remains largely unchanged, with open interest in puts and calls remaining elevated and trading activity surpassing pre-rally levels. The stable levels of newly opened put options likely reflect protective buying intended to hedge profitable long positions in other instruments.

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Bybit X Block Scholes Crypto Derivatives Analytics Report (Jan 29, 2025): Options Market Recovers From Monday’s Sell-Off

Phantom wallet has officially integrated Sui, making it the first Move-based blockchain and third Layer 1 supported on the platform. 

The S&P 500 fell 0.47% amid Fed rate pause and mixed tech earnings. Gold fell 0.4% as the dollar and Treasury yields rose after the Fed held rates steady, offering little clarity on future cuts. Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 2.07%, with Bitcoin and Ether rising by 2.99% and 2.90%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is TAI, which surged nearly 38.6% following the unveiling of the Sona framework by TARS AI for cost-efficient AI computation.

TARS AI (TAI), launched in 2022, is a decentralized, multichain platform offering AI-powered tools to help web3 projects launch and manage tokens efficiently. Rebranded in 2023, it supports eight blockchains, including Ethereum and BNB Chain, with plans for expansion. TARS AI is set to 

 two custom frameworks in V1 of its AI Market, including Sona, a proprietary framework compatible with DeepSeek AI for efficient, low-cost computations. More details will be revealed in February.

, making it the first Move-based blockchain and third Layer 1 supported on the platform. This gives Phantom’s 15 million users access to SUI, enabling them to send, receive, swap, and interact with Sui-based tokens and dApps. Sui has rapidly grown, reaching over $2 billion in TVL and becoming a major destination for Ethereum outflows. Phantom's CEO praised Sui’s scalability and user experience, aligning with their multichain vision. The integration marks a significant step in expanding Sui’s adoption and accessibility.

Yesterday, BTC Spot ETFs recorded $120.4M in inflows, entirely from non-GBTC funds.

 tasks to boost Grass points, offering up to 30% in bonuses. Users can earn boosts by swapping $10K on Lifinity, trading meme coins on Fighthorse, or betting $1K on Skate x Polymarket. These points may play a key role in the Eclipse airdrop.

Phantom Wallet Integrates Sui, Expanding Access for 15 Million Users

Ondo Finance is deploying its tokenized U.S. Treasury fund, OUSG, on the XRP Ledger (XRPL) within six months, expanding institutional access to tokenized real-world assets. 

Daily Top Performer — Movement Labs (MOVE)

The S&P 500 rose 0.92%, rebounding ahead of the Fed’s rate decision. Gold climbed 0.8% to $2,762.02 as tariff uncertainties boosted safe-haven demand. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 0.32%, with Bitcoin and Ether dropping by 0.20% and 3.40%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is MOVE, which surged nearly 17.7% following the launch of Movement Network's Developer Mainnet, paving the way for the Public Beta.

Movement Labs (MOVE), founded in 2023, is a modular blockchain network powered by the Move language, aiming to enhance security, performance, and UX in decentralized networks. Its key products include Movement SDK, the M1 Layer 1 network, and M2, an Ethereum Layer 2 rollup. 

, allowing select developers to deploy apps and access new infrastructure. This phase builds on the Mainnet Beta and will run until mid-February. The next phase, Public Mainnet Beta, will introduce full permissionless app deployment and user onboarding. Movement Network is built for modularity, leveraging Celestia.

 its tokenized U.S. Treasury fund, OUSG, on the XRP Ledger (XRPL) within six months, expanding institutional access to tokenized real-world assets. Backed by BlackRock’s BUIDL fund, OUSG offers 24/7 minting and redemption via Ripple’s RLUSD stablecoin, enhancing liquidity and financial flexibility. The integration leverages XRPL’s institutional-grade infrastructure, compliance tools, and deep financial relationships to bridge DeFi and traditional finance, positioning XRPL as a key hub for tokenized assets.

BTC Spot ETFs saw a net outflow of $11.7 million, with no change in GBTC and all outflows from non-GBTC funds.

" quest is now live on Galxe, offering tasks to earn points that may be useful for a future airdrop. Participants can complete onchain transactions, explore dApps, join social activities, and more. Week 1 is already underway!

Ondo Finance Brings Tokenized U.S. Treasuries to XRP Ledger for Institutional DeFi

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KXLR NFT has strategized a long-term plan for the King Xolo NFT collection to leverage the strength of the founding partner's Web 2.0 business for web3 expansion. Learn how it works.

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 (NFTs) have gained mainstream recognition, changing how we perceive art, ownership and value. While there is speculation that this NFT trend is diminishing, you'll be surprised to learn that more newly launched NFT projects and collections exist. One is the King Xolo Locker Room Collection (Xolo NFT), which ingeniously integrates sports, history, gaming, blockchain technology, digital art, marketplaces and the realms of NFT and web3, forging a novel business and entertainment frontier teeming with adventure and infinite prospects.

This article explores the state of NFTs and how the King Xolo NFT may likely play out.

What Is the King Xolo Locker Room (KXLR) Collection?

 features 8,888 unique NFTs, each with its own distinctive traits and offering exclusive benefits to its holders. The Xolo NFT has developed this collection of NFT that seamlessly combines NFT gamification, decentralized finance and digital art to create an entirely new frontier of business and entertainment with a play-to-earn dynamic.

As the proud owner of a King Xolo NFT, you gain early access to projects and consulting services and even have the privilege of participating in community voting events. These NFTs stand out for their gamification and tokenomics system, making the user experience both enjoyable and rewarding.

The King Xolo Locker Room represents an NFT collection crafted in collaboration with the esteemed Mexican football club, Xolos. Established in 2006, Xolos boasts a massive following of 830,000 on Twitter and has been a champion in both Liga MX and Ascenso MX. This collection is a unique venture by the club's owner, specifically designed for our fans in Mexico, with extensive promotion through club channels, including the X space. 

The King Xolo Locker Room Collection aims to provide users with an ecosystem in which they can manage their NFTs and reap the benefits of being a part of the King Xolo community. The project captures the essence of Tijuana, Mexico, and the diverse, empowering and distinctive spirit of Mexican culture.

The collection comprises 8,888 Xolo dogs, each representing a unique aspect of Mexican culture. King Xolo NFTs not only portray the diversity of uniquely Mexican culture but also play a part in forging partnerships with renowned brands and artists to boost their credibility and reputation. Such strategic collaborations enhance the visibility and recognition of King Xolo NFTs, making them an attractive proposition for art enthusiasts and collectors alike.

The King Xolo founding partners have a prolific background in casino scenes, soccer teams, concerts, boxing matches and web3 events. In addition, the other founding partners of King Xolo come from a family in the large boating and fishing industry, with constant growth in global exports. Essentially, the King Xolo NFT collection can leverage the strength of the founding partners’ Web 2.0 business for Web3 expansion.

Based on the thesis that NFT holders want to have fun and reap the rewards of holding onto their cryptos or NFTs, the King Xolo NFT collection will integrate unique tokenomics to help grow the ecosystem. Users are required to complete quests to advance in levels, and once they reach the highest level, they can unlock passive revenue rewards that are airdropped to holders once each month.

Scenario: Two Level 6 King Xolo NFTs Required to Mint Each Golden Temple

Users can choose to send two King Xolo NFTs on quests to get them up to Level 6. Then, they can earn enough $XOLO from all of the King Xolo to send the chosen Xolos from the collection on a quest. By completing the quest, players can earn mint tokens on the Level 6 quest and combine two mint tokens in order to mint each Golden Temple.

Once the player has experienced enough expeditions to achieve Level 6 NFTs, they can unlock the Golden Temple Quest. Each King Xolo that completes this Level 6 quest will be awarded with one mint token.

Players must collect two mint tokens and 1 $SOL to mint one Golden Temple. Hence, players need to level up two King Xolo NFTs to Level 6, and then go on the Level 6 quest in order to mint 1 Temple.

: Not all King Xolo NFTs need to go on expeditions. All Xolo NFTs can earn $XOLO and, with enough of these tokens, you can send your chosen King Xolos on quests to level up your chosen Xolos, which will mint your Temples.

Owning a King Xolo NFT opens up a world of exclusive benefits, such as early access to projects, consulting services and participation in special events.

Let’s elaborate further on these benefits and how to unlock them.

The NFT will leverage a unique stake-to-earn gamified system that connects the Lore of King Xolo to questing holders in order to unlock unique access to monthly airdropped revenue rewards. By staking KXLR collection, users can lock their tokens for a specific period and receive rewards based on their participation, or can choose to go on a quest and upgrade their NFT level in the staking platform.

King Xolo NFTs are staked to earn $XOLO tokens. The amount of the $XOLO tokens starts at three per day and increases by 10 (to 15%) as the NFT advances in levels. Each Golden Temple earns a passive reward from the total amount airdropped from the treasury once a month. This passive reward is distributed as $XGOLD utility tokens to trade on the King Xolo proprietary token swap for $USDC.

Priority Pass for Multi-Chain Games Staking

Each holder of a Xolo NFT can access betas of various multichain games, where they can participate with tournaments, token farming, airdrops, mystery boxes and NFTs.

Privileged Access to the King Xolo Locker Room

Gaining access to the King Xolo Locker Room is a privilege reserved for holders of the 8,888 original and rare NFTs from the King Xolo collection. Inside the locker room, you’ll find exclusive features such as NFT airdrops, early token airdrops and a commemorative badge of honor.

King Xolo Locker Room distinguishes itself in the NFT realm by providing its members with a unique experience. As an exclusive member, you’ll have early access to collections, as well as the ability to display and interact with your XOLO NFTs and a platform to connect with like-minded enthusiasts.

While both $XOLO and $XGOLD are cryptocurrencies, they serve distinct purposes and functionalities within the King Xolo ecosystem. $XGOLD is a utility token to trade on the King Xolos proprietary token swap for $USDC. In comparison, $XOLO tokens are distributed as a reward by staking King Xolo NFTs.

King Xolo's tokenomics revolve around a mint funds allocation, as projected below.

: King Xolo will use 11% of the mint for a Neefter partnership, web3 events and business initiatives to raise awareness and promote the use of web3 in the Mexican decentralized finance market.

: Thirty-six percent of the mint will be used to reward owners, staff and those involved in helping mint the King Xolo NFT collection.

: Fifty percent of the mint funds will be allocated to major players in the ecosystem. The plan is to bring in between 8–10% per month in interest. The interest earned will then be used for gamification rewards and operating expenses.

For example, assuming there’s a revenue reward interest of $15,000 that will be airdropped to holders each month, the allocation for holders will be as follows.

Principal allocation from mint: 50% of mint projected daily earnings (per Golden Temple) is $0.22 to $0.50 daily. For example, two Level 7 King Xolo NFTs staked with one Golden Temple will reward the holder with 12 $XOLO per day paid in an $XGOLD token.

: The remaining 3% will be used for marketing costs to refine and expand community growth for the King Xolo Collection.

Holders who actively engage in the King Xolo NFT project will receive revenue rewards, fostering a sense of community and loyalty.

Beyond these plans, King Xolo has several forthcoming partnerships and collaborations in the pipeline, including participation in mystery boxes and a partnership with NewLand Web3. These alliances will expand the project's reach and provide exciting new opportunities for the King Xolo community. In addition, the King Xolo extended road map will include at least three additional NFT collections that will unlock more utilities and crypto-earning opportunities, including an NFT collection to support a custom-built play-to-earn dog-racing application, and a true second-generation collection that will unlock the gateway to more fun ways to gain crypto assets.

King Xolo believes that web3 alliances are essential to promote collaboration, establish standards, facilitate interoperability, and provide resources and expertise. This helps to foster innovation and trust in a decentralized environment, accelerating the development and adoption of advanced web technologies.

There are already open lines of partnership, such as those with SOREDI Web3, Mobaverse, SaaSGo, Club Tijuana and more.

The investment potential of KXLR NFTs largely depends upon factors such as rarity, demand and market conditions. The current mint price for KXLR NFTs is 1.5 $SOL. With partnerships and wide connections from the founding partners, investing in KXLR will grant you access to many perks, including discounts and rebates, exclusive access to the stadium tour and facilities, exclusive presale for season soccer tickets and more.

However, as with any investment, conducting comprehensive research and considering the associated risks is necessary before making any decisions. The projected demand for NFTs is likely to grow as the project advances, potentially resulting in an increase in the value of NFTs.

The King Xolo Locker Room Collection presents a distinctive mix of rarity, value and benefits driven by its community. With numerous earning and monetization strategies, exclusive benefits and a strong road map for the future, this project offers an exciting opportunity for those looking to enter the world of NFTs. So, why not take a leap into the captivating universe of King Xolo and discover its hidden treasures?

King Xolo NFT: A Deep Dive Into Rarity and Value

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards