DETROIT – General Motors on Thursday revealed a new $80,000 performance version of its all-electric Cadillac Lyriq, as the Detroit automaker targets becoming the top-selling luxury EV brand this year in the U.S.
Cadillac expects to achieve that target with an expanding lineup of electric vehicles such as the performance Lyriq-V, Escalade IQ SUV and upcoming entry-level Optiq crossover.
“We are going to position Cadillac to be the bestselling luxury EV nameplate in the U.S. for 2025. Again, let me repeat that: bestselling luxury EV [brand] in 2025,” Cadillac Vice President John Roth said during a media briefing. “The sky’s the limit on what we’re going to be able to do in the luxury EV space.”
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But the “luxury” space may not be as clear as it appears. Cadillac, following Roth’s comments, said it is not including Tesla as a “luxury” manufacturer, despite several products being priced in the same range as some of Cadillac’s offerings. A brand spokeswoman said Cadillac is including names such as Audi, Mercedes-Benz and others as its core competitors.
2026 Cadillac Lyriq-V
Cadillac
“There’s a handful of models within the Tesla lineup that probably qualify as luxury, but they continue to do some interesting elements with the brand,” Roth said.
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Excluding Tesla, which leads the U.S. EV market by a wide margin, Cox Automotive reports Cadillac’s nearly 30,000 EVs sold last year trailed only BMW’s roughly 51,000 units. Audi and Mercedes-Benz were also close to Cadillac. That compares with estimated U.S. sales of EVs by Tesla at more than 633,000 EVs last year, according to Cox.
Historically, the automotive industry has been made of “mainstream” brands such as Chevrolet and luxury ones such as Cadillac. But many brands, including Cadillac and Tesla, now offer vehicles across a broad price range.
Tesla’s pricing ranges from roughly $42,500 for the Model 3 sedan to roughly $100,000 for vehicles such as the Cybertruck and Model S Plaid. That compares with Cadillac’s EVs that, once available, are expected to range between $54,000 for the Optiq to more than $150,000 for the Escalade IQ. Cadillac also offers a more than $300,000 bespoke car called the Celestiq.
For context, Kelley Blue Book reports the average transaction price for a new electric vehicle to end last year was $55,544. That does not include consumer EV incentives such as the federal tax credit of up to $7,500.
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Cadillac is expected to have five EVs on sale by the end of this year, up from three currently. That would match Tesla on the number of EVs from the brand, but Tesla was still estimated to achieve nearly 50% of EV market share last year in the U.S.
Regarding the Lyriq-V, Cadillac said the vehicle will have an estimated 615 horsepower, 650 foot-pounds of torque and 285-mile range when fully charged. It’s expected to achieve 0-60 mph in as little as 3.3 seconds.
The Lyriq is Cadillac’s first production EV to be included in its performance V-Series lineup of vehicles. The Lyrq-V is largely similar to the regular model, but includes unique badging and enhanced performance parts and other accessories to improve driving dynamics.
GM said the Lyriq-V, starting at $79,995, will be sold in the U.S., Canada and other countries, with production starting in early 2025 at GM’s Spring Hill Manufacturing plant in Tennessee.
Senator Elizabeth Warren said Donald Trump’s memecoin could raise “the specter of uninhibited and untraceable foreign influence over the US president.”
China’s exports of polysilicon used by the solar industry exceeded imports last year for the first time, as panel manufacturers shifted more operations overseas to contend with a glut at home.
Autograph, the NFT company co-founded by Tom Brady, is merging with the digital fitness company Future. As part of the merger, Brady will join the board of directors of Future and serve as co-chair of the company.
Brady co-founded Autograph in 2021 to find ways to connect athletes and artists with fans, ultimately launching an NFT marketplace and raising more than $200 million valued at $3.1 billion, according to PitchBook. The company relaunched late last year, without the NFT component, as a platform that tracks fan engagements and rewards them for it. It counted the likes of Naomi Osaka and Tony Hawk on its board of advisers and was backed by Andreessen Horowitz and Lightspeed Venture Partners.
Future, meanwhile, connects people with digital fitness coaches and builds personalized fitness routines for users.
Autograph faced some challenges, especially after the crypto market crashed and the NFT market cooled. In 2023, the company had layoffs and at one point was down to 30 people, as reported by Fast Company.
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Rishi Mandal, co-founder and CEO of Future, made the announcement on LinkedIn. Speaking to TechCrunch, Mandal said he and Brady met through Richard Rosenblatt, co-founder of Autograph, and discussed partnerships but ultimately decided they should be one company, he said. While all parties are calling this a merger, not an acquisition, the company will retain the name Future. Mandal said it was too early to announce new products but said that Future will look to combine Autographs’ celebrity connections with Future’s athletic mission. The goal is to find a way to let people train with top athletes and receive expert coaching.
Future has raised more than $100 million and was last publicly valued at $275 million, according to PitchBook.
This story was updated to clarify how Mandal and Brady met.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Arbitrum, Avalanche, and Solana are gearing up for significant moves in 2025, with the emerging meme coin Catzilla also joining the ranks.
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The crypto market is showing strong signs of recovery, bringing excitement and optimism among investors. Arbitrum (ARB), Avalanche (AVAX), and Solana (SOL) are catching attention with their potential for significant moves this year. As the market shifts, these cryptocurrencies stand out as intriguing prospects, sparking curiosity about their future paths and encouraging investors to explore their potential.
Catzilla: A new era in meme coins
Catzilla, the ultimate hero in the world of DeFi, is here to take on corrupt systems and promote financial opportunities for all. With a spirit of innovation and community, Catzilla aims to bring together crypto enthusiasts, meme fans, and investors in a collective pursuit of financial growth.
The project is committed to long-term value and growth. While others may offer empty promises, Catzilla seeks to provide substantial potential with a structured presale starting at $0.0002 and progressing to $0.0016 over 14 stages. Early participants are able to grab the CATZILLA token with an 88% discount.
The CATZILLA token offers multiple utilities to enhance the crypto experience:
Governance – Participate in shaping Catzilla’s future through community decisions.
Incentives – Earn rewards for engagement and support.
Staking – Hold and stake CATZILLA tokens to potentially earn passive income.
Catzilla aims to create a new environment for those eager to join a collaborative and transformative crypto community. For experienced investors, fans of memes, and those who enjoy combining fun with financial opportunities, Catzilla offers a platform where creativity meets potential.
Arbitrum’s current price floats between $0.68 and $0.83 and has been falling over the last month. But with an RSI at 39.77, the coin is near oversold territory, suggesting a possible price rebound.
The nearest resistance is just over $0.91, and breaking this could push ARB toward the $1.09 level, marking a potential growth of around 30% from its current range. Although recent months have seen declines, this sets up an interesting opportunity for those expecting a turnaround. Traders are keeping an eye on the support levels, especially $0.5457, as breaking this could signal further price drops.
AVAX eyes breakout
Avalanche is currently trading between $34.71 and $42.01. The coin has been on a declining trend, with a drop of close to 10% in the past week. However, a stronger long-term picture emerges with a 22% uptick over six months.
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Near-term, AVAX faces its first challenge at the resistance level of $45.75. The coin’s RSI level at 32.78 indicates it might be oversold, suggesting potential for a bounce. If momentum shifts, AVAX could break past the $45 mark and aim for the next significant level at $54.75. However, it should stay above the strong support line at $27.77 to sustain any upward move.
Solana’s path
Solana is battling within a tight price range of $213 to $294. The coin has shown promise with a 28% rise in the past month and over 33% growth in 6 months. Its nearest resistance sits at $320, a challenging but achievable target if momentum continues.
The current RSI at 38 hints at potential upward movement from an oversold position. However, surpassing the $491 mark requires more steam. Solana’s current price is below its simple moving average, but the recent month’s positive change shows potential for a surge. If Solana can break the $320 barrier, it could see a significant increase, possibly over 40%.
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Conclusion
While Arbitrum, Avalanche, and Solana show promise, their short-term potential is limited. In contrast, Catzilla emerges as the ultimate meme coin hero, offering a remarkable 700% ROI during its presale. With governance features, rewards for loyalty, and staking options, it looks to unite crypto enthusiasts, meme fans, and anime lovers in the quest for financial freedom.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.
From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation. As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.
In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions.
Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he’s trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences.
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Aayush’s journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department.
At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he’s poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush’s unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe.
In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.
Insomniac is still keeping quiet on the release date for Marvel’s Wolverine
Insomniac’s co-head Chad Dezern said there is “pent-up excitement” around the project, but couldn’t offer any more details
Marvel’s Wolverine was announced back in 2021
Four years after its initial announcement, we still have no idea when Marvel’s Wolverine is launching, and Insomniac Games still can’t confirm if it will be released in 2025.
News recently broke that Insomniac’s founder and CEO Ted Price will be stepping down from the role after more than 30 years. Following the announcement, the studio’s new co-chiefs Ryan Schneider, Chad Dezern, and Jen Huang sat down with Variety to discuss the switch in leadership as well as what’s in store for the company.
While Chad Dezern did touch on Insomniac’s next superhero game, Marvel‘s Wolverine, the co-head was still unable to offer any juicy details about it or an idea of when players can expect to get their hands on it.
“We’ve announced Wolverine, and we’d love to talk more about Wolverine, but we have to be like Logan today, and remain very stoic until it’s time to pop the claws down the road,” said Dezern.
“As much as we’re as much as we have pent-up excitement, we got to hold on to it. So that’s, that’s about as much as we could say about our upcoming projects today.”
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Marvel’s Wolverine was announced in 2021 alongside a short teaser trailer but development updates have been quiet since. Following a cyber attack in December 2023 which resulted in a number of leaks, the studio did release a statement about the situation while also confirming that the game “continues as planned” and “is in early production and will no doubt greatly evolve throughout development, as do all our plans.”
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Indian cryptocurrency exchange WazirX has won approval from the Singapore High Court to restructure after the $230 million hack last year.
The High Court has allowed WazirX to convene a scheme meeting with users in a “significant step” towards distributing funds lost in the attack and reviving the platform’s operations, the exchange announced via email on Thursday.
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Should the restructuring plan be approved, funds would then be distributed to creditors within 10 business days.
The Court has found that there was no evidence of wrongdoing by WazirX in the attack, despite suggestions from some users that WazirX’s parent company Zettai had some involvement.
Massive investors in Solana are turning their attention to a new asset, CATZILLA, which promises impressive gains. With the current market trend showing strong upward momentum, excitement is building over potential skyrocketing returns. This development is catching the eye of many, sparking curiosity about what could be the next big opportunity in the crypto world.
Catzilla: Roaring Into the Meme Coin Arena With Unmatched Profit Potential
In the ever-evolving world of meme coins, new contenders constantly emerge, and Catzilla is positioning itself as an ambitious player. Drawing inspiration from successful tokens like Dogecoin (DOGE), Shiba Inu (SHIB), and PEPE, Catzilla aims to blend viral meme culture with significant financial growth. What sets Catzilla apart is its unique storytelling—a giant, Godzilla-like cat wreaking havoc, which taps into the chaotic energy of Japanese kaiju culture. This game-based narrative not only engages gamers but attracts crypto investors looking for the next big thing.
With a fiery combination of anime-inspired chaos and a rebellious mission, Catzilla is rallying crypto enthusiasts and cat lovers, and anime fans to join its movement for a more equitable, decentralized crypto space.
💣Catzilla is Ready to Disrupt the Market! 💣
Unlike many meme coins that burn bright and fade away, Catzilla is here for the long haul, offering investors real potential with a massive 700% ROI. Catzilla’s presale offers a 14-stage process, giving investors multiple opportunities to buy in early. With each stage, the token price gradually rises.
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⚡Unlock Triple Value for Maximum Gains⚡
Catzilla operates on a threefold value proposition: epic gameplay, a unifying mission, and a vibrant community. Players can enjoy a thrilling game experience while earning rewards, all while being part of a growing movement that merges the fun of meme culture with the potential for financial freedom.
🚀 Join the Catzilla Revolution 🚀
Catzilla positions itself as a symbol of resistance against the greed and manipulation often seen in the crypto world. By embracing its bold and monstrous persona, Catzilla seeks to restore the playful, decentralized nature of meme coins while ensuring a fair and transparent ecosystem for its users.
Solana is a blockchain platform that focuses on scalability and speed. It supports decentralized applications (dapps) and competes with others like Ethereum. Solana’s architecture allows for quicker transactions using a system that avoids sharding. This attracts many developers and investors. SOL is the native cryptocurrency of Solana. It is used for transactions, running programs, and as rewards for network participants. The coin is key to the ecosystem’s function, offering access to various projects. Its unique approach makes it attractive, especially for high-activity services. In the current market, Solana’s scalability and potential for hosting innovative products enhance its appeal.
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Conclusion
While coins like SOL may offer less short-term potential, Catzilla stands out as the ultimate meme coin hero aiming to bring financial freedom to everyone. With a remarkable 700% ROI during its presale and triple utility features, it invites crypto enthusiasts to join the fight against crypto villains and achieve new heights together.
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
The Bank of Japan raised its key policy rate Friday to the highest level in 17 years. Waseda University Professor of Economics Masazumi Wakatabe, a former deputy governor of the central bank, speaks to Bloomberg’s Shery Ahn about the move, how Trump’s looming tariffs impact policy and prospects for the yen. (Source: Bloomberg)
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