Crypto News Today: DeepSnitch AI Surges to $720K After a Series of Development Updates, BlackRock Applies for a Staked Ether ETF

BlackRock applied for a listing of an ETF tied to staked Ether in a bid to expand its cryptocurrency product offerings.

If approved, the ETHB fund will be one of the first staked cryptocurrencies to trade on Nasdaq.

However, the biggest crypto news today in the retail sector was DeepSnitch AI entering Stage 3 of its presale after amassing $720K.

With an AI-powered analytics and prediction suite at its core, DeepSnitch AI started trending after releasing a series of development updates and revealing plans to make the key features available to early investors.

BlackRock’s bets on Staked ETH

BlackRock filed a registration statement for a new Staked Ether ETF. The iShares Staked Ethereum Trust exchange-traded fund (ETHB), if approved by the SEC, will represent one of the first ETFs tied to staked cryptocurrencies.

The latest bid by the company coincided with a series of bullish remarks by Larry Fink, co-founder and CEO.

Despite the market struggling in the tail end of Q4, Fink revealed that his stance on crypto has shifted heavily since 2017, when he implied money laundering was one of the key drivers behind the crypto bull run.

Yet, he still refers to BTC as an “asset of fear”.

On the retail front, the crypto news today noted a small recovery of the market, and DeepSnitch AI’s rapid surge toward $720K.

Crypto news updates and price predictions: Best altcoins in Q4

1. DeepSnitch AI: Why did DSNT take the daily crypto headlines by storm?

DeepSnitch AI hit the crypto news today after entering Stage 3 of presale and surging past $720K. While the presale has been live since August, the team behind DeepSnitch AI recently released a series of developmental updates that effectively pushed it closer toward the $1M milestone.

DeepSnitch AI is a retail-centric project that utilizes five AI agents organized in a central prediction and analytics suite to provide traders with actionable analytics. This includes predicting sentiment shifts, FUD storms, whale moves, and scanning tokens for rug pull risks, to name just a few.

The first three agents that support core functionalities are already up and running and will be available as early access to presale participants.

These core fundamentals could provide the DSNT token, priced at just $0.02682, with a sizable upside potential. Although it’s impossible to quantify it, most of the community believes that DeepSnitch AI has clear 100x potential.

Plus, the two coupon codes valid until January 1 will provide investors with extra value. DSNTVIP50 gives you a 50% bonus on investments above $2K, and DSNTVIP100 unlocks 100% for purchases over $5K.

2. Ethereum: Will ETH stay above $3K?

According to CoinMarketCap, ETH held the $3.1K zone on December 8.

In addition to market stories today that outlined Ether’s institutional adoption, Vitalik Buterin’s suggestion for an on-chain prediction market for securing gas prices could mitigate transaction cost swings on the Ethereum network.

Even without these developments, Ethereum’s price action is bullish, with technical indicators such as RSI leaning neutral, indicating buyers are in control. Analysts also believe that the current chart indicates a breakout toward $5.5K.

While the confirmation of the bullish narrative will ultimately depend on macroeconomic factors, Ethereum will likely stay in the green for the remainder of Q4.

3. Bittensor: Will the halving boost TAO’s price?

TAO traded in the $289 area on December 8, according to CoinMarketCap.

Trending crypto news today reveals that the Bittensor Network’s anticipated halving event on December 18 will reduce the daily issuance of the TAO token from 7.2K to 3.6K. Despite more modest rewards, the slash in supply could enhance the value, as evidenced by Bitcoin’s historic cycles.

TAO’s technical analysis reveals that the stage is set for a bullish continuation.  With a bullish triangle forming, there’s a strong possibility that the upside pressure will strengthen in the coming days.

If TAO holds above $280, the likely targets are $350 and $370.

Final words

Crypto news today was brimming with bullish updates, sparking hope of the bull market extending into 2026. DeepSnitch AI is thus perfectly positioned for astronomical growth in the continuation of the bullish run.

Not only is it releasing in January, but the set of AI tools designed for retail traders and the fast development of the aforementioned tools only strengthen the 100x narrative that so many community members are proposing.

As an extra, partaking in the presale before January 1 can also allow you to gain more value for your money. The DSNTVIP50 and DSNTVIP100 codes provide huge bonuses for fast investors. The former gives 50% on $2K+ purchases, and the latter ensures you gain a 100% bonus on purchases above $5K-

Make the moment count by participating in the DeepSnitch AI presale ASAP and stay on top of the latest news via X and Telegram.

FAQs

1. Why is DeepSnitch AI trending in crypto news today?

DeepSnitch AI surged to $720K after development updates and entering Stage 3 of its presale, with early-access AI tools boosting investor interest.

2. What is BlackRock’s new Staked Ether ETF proposal?

BlackRock applied for the ETHB ETF, one of the first staked ETH products potentially trading on Nasdaq, expanding its institutional crypto offerings.

3. What makes DSNT a potential 100x token?

DeepSnitch AI’s five-agent analytics suite, rapid development, presale momentum, and low entry price contribute to its community-driven 100x narrative.

The post Crypto News Today: DeepSnitch AI Surges to $720K After a Series of Development Updates, BlackRock Applies for a Staked Ether ETF appeared first on Blockonomi.