AI tokens see lowest weekly trading volume since January
Interest in AI-related cryptocurrencies appears to be waning, with Kaiko Research noting sharp declines in trading activity since the beginning of the year. Data released Thursday on the the top six AI coins by market capitalization — The Graph, Render, Injective, Oasis Network, SingularityNET and Fetch.ai — showed volumes reaching the lowest levels since January, signaling a dramatic decline in interest.
Interest in AI-related cryptocurrencies appears to be waning, with Kaiko Research noting sharp declines in trading activity since the beginning of the year. Data released Thursday on the the top six AI coins by market capitalization — The Graph, Render, Injective, Oasis Network, SingularityNET and Fetch.ai — showed volumes reaching the lowest levels since January, signaling a dramatic decline in interest.
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Coinbase Received Regulatory Approval To Offer Crypto Futures Trading In The U.S.
Coinbase will offer regulated derivatives products, allowing eligible US customers access to the crypto derivatives market in a safe and regulated manner. Customers can trade using margin, giving leverage and access to the market with less upfront investment.
Coinbase will offer regulated derivatives products, allowing eligible US customers access to the crypto derivatives market in a safe and regulated manner. Customers can trade using margin, giving leverage and access to the market with less upfront investment.
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ByBit Sees Massive Bitcoin Withdrawals Occupying 36% Of Total Reserves In 1 Day
Bitcoin (BTC) is displaying significant indications of whale accumulation, prompting substantial withdrawals from centralized exchanges. Notably, Bybit, a cryptocurrency exchange, witnessed a substantial withdrawal of 12,500 BTC, amounting to $320 million, a record-breaking figure for the platform, as reported by Bitcoin News.
Bitcoin (BTC) is displaying significant indications of whale accumulation, prompting substantial withdrawals from centralized exchanges. Notably, Bybit, a cryptocurrency exchange, witnessed a substantial withdrawal of 12,500 BTC, amounting to $320 million, a record-breaking figure for the platform, as reported by Bitcoin News.
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Visa Utilizes Solana Blockchain For High-Speed Stablecoin Settlement With 400 TPS
Visa, a global leader in payments, has announced that it is expanding its stablecoin settlement capabilities to the Solana blockchain, working with merchant acquirers Worldpay and Nuvei. Through live pilots with issuers and acquirers, millions of USDC have already been moved between VisaNet partners over the Solana and Ethereum blockchain networks to settle fiat-denominated payments.
Visa, a global leader in payments, has announced that it is expanding its stablecoin settlement capabilities to the Solana blockchain, working with merchant acquirers Worldpay and Nuvei. Through live pilots with issuers and acquirers, millions of USDC have already been moved between VisaNet partners over the Solana and Ethereum blockchain networks to settle fiat-denominated payments.
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Sushi Swims Beyond Ethereum To Layer 1 Aptos, Aims For Cross-Chain Glory
Leading decentralized exchange (DEX) platform Sushi is embarking on an expansion into the Aptos Network, marking a significant move as it ventures beyond the Ethereum Virtual Machine (EVM) ecosystem. The integration will see the DEX’s key components, including Sushi v2 AMM and SushiXswap, seamlessly integrated onto the Aptos Network.
Leading decentralized exchange (DEX) platform Sushi is embarking on an expansion into the Aptos Network, marking a significant move as it ventures beyond the Ethereum Virtual Machine (EVM) ecosystem. The integration will see the DEX’s key components, including Sushi v2 AMM and SushiXswap, seamlessly integrated onto the Aptos Network.
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Bitcoin Is Becoming More Compatible With Technology Stocks
Bitcoin is once again showing a strong correlation with technology stocks, particularly the Nasdaq 100 Index, in a development that could pique the interest of both equity investors and cryptocurrency enthusiasts. This revival of synergy comes after a period of divergence between these asset classes in June.
Bitcoin is once again showing a strong correlation with technology stocks, particularly the Nasdaq 100 Index, in a development that could pique the interest of both equity investors and cryptocurrency enthusiasts. This revival of synergy comes after a period of divergence between these asset classes in June.
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Tether Calls Out WSJ ‘Tabloid Style’ Reporting, States Outlet ‘Disregarded’ Reporting Banking Industry Woes
Tether, the company behind the issuance of USDT, the largest stablecoin in the crypto market, has called out the latest report of the Wall Street Journal (WSJ) on the rise of its loan portfolio. The company stated that traditional banking institutions were “not addressing the needs of their customers” while facing “significant challenges,” with the WSJ not reporting on this issue.
Tether, the company behind the issuance of USDT, the largest stablecoin in the crypto market, has called out the latest report of the Wall Street Journal (WSJ) on the rise of its loan portfolio. The company stated that traditional banking institutions were “not addressing the needs of their customers” while facing “significant challenges,” with the WSJ not reporting on this issue.
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Optimism Sparks Excitement with Security Council Announcement
Optimism has recently made an exciting announcement about its future plans, which involve the establishment of a security council. This security council is set to play a pivotal role in ensuring the integrity and decentralization of Optimism’s superchain network.
Optimism has recently made an exciting announcement about its future plans, which involve the establishment of a security council. This security council is set to play a pivotal role in ensuring the integrity and decentralization of Optimism’s superchain network.
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Paypal Selects Crypto.com as ‘Preferred Exchange’ for PYUSD Stablecoin
Crypto.com announced a partnership with Paypal that aims to establish the digital assets exchange as the preferred trading platform for the online payment provider’s new paypal usd (PYUSD) stablecoin. In a press release, the crypto firm highlighted it has already listed the new currency and is currently the exchange with the deepest liquidity for its trading pairs.
Crypto.com announced a partnership with Paypal that aims to establish the digital assets exchange as the preferred trading platform for the online payment provider’s new paypal usd (PYUSD) stablecoin. In a press release, the crypto firm highlighted it has already listed the new currency and is currently the exchange with the deepest liquidity for its trading pairs.
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SEC likely to approve all spot bitcoin ETFs at once, says former BlackRock executive
Martin Bednall, former managing director at BlackRock and now CEO of Jacobi Asset Management, said the Securities and Exchange Commission is likely to approve all spot bitcoin exchange-traded fund applications at the same time.
Martin Bednall, former managing director at BlackRock and now CEO of Jacobi Asset Management, said the Securities and Exchange Commission is likely to approve all spot bitcoin exchange-traded fund applications at the same time.
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Binance introduces copy trading feature for futures markets
Crypto exchange Binance has introduced a copy trading feature for futures products in selected markets. This addition is aimed at simplifying the trading process by allowing users to emulate the strategies and portfolios of experienced or “lead” traders.
Crypto exchange Binance has introduced a copy trading feature for futures products in selected markets. This addition is aimed at simplifying the trading process by allowing users to emulate the strategies and portfolios of experienced or “lead” traders.
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Ripple Institutional Investors are Attracted In Dubai
Ripple institutional investors continues to draw in Dubai, according to a new report from Sologenic, an XRP Ledger-based platform. Ripple institutional investors is making strides in Dubai and the MENA region, despite its legal battle with the SEC.
Ripple institutional investors continues to draw in Dubai, according to a new report from Sologenic, an XRP Ledger-based platform. Ripple institutional investors is making strides in Dubai and the MENA region, despite its legal battle with the SEC.
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G20 Calls for 'Swift and Coordinated Implementation' of IMF Crypto Roadmap
The G20 finance ministers and central bank governors have adopted the roadmap on crypto assets proposed by the International Monetary Fund (IMF) and the Financial Stability Board (FSB). “We call for swift and coordinated implementation of the G20 Roadmap,” the finance chiefs announced at their latest meeting.
The G20 finance ministers and central bank governors have adopted the roadmap on crypto assets proposed by the International Monetary Fund (IMF) and the Financial Stability Board (FSB). “We call for swift and coordinated implementation of the G20 Roadmap,” the finance chiefs announced at their latest meeting.
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Spot Bitcoin ETF Approvals Could Add $1 Trillion to Crypto Market Cap, CryptoQuant Says
Bitcoin will become a $900 billion asset, and the total crypto market will grow by $1 trillion, should the bitcoin spot exchange-traded funds (ETFs) be approved, data analytics firm CryptoQuant wrote in a recent report.
Bitcoin will become a $900 billion asset, and the total crypto market will grow by $1 trillion, should the bitcoin spot exchange-traded funds (ETFs) be approved, data analytics firm CryptoQuant wrote in a recent report.
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Polygon proposes 13-member 'protocol council' to supervise smart contract upgrades
Polygon Labs has introduced a new governance improvement proposal, designated as PIP-29, which seeks to form a Protocol Council to steer changes made to its core smart contracts. The Protocol Council is set to consist of 13 members charged with supervising modifications to Polygon’s system-level smart contracts.
Polygon Labs has introduced a new governance improvement proposal, designated as PIP-29, which seeks to form a Protocol Council to steer changes made to its core smart contracts. The Protocol Council is set to consist of 13 members charged with supervising modifications to Polygon’s system-level smart contracts.
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Polygon's POL cryptocurrency contracts deployed on Ethereum mainnet
Polygon Labs has deployed contracts for the project’s next-generation cryptocurrency, POL, on the Ethereum mainnet following a testnet deployment earlier this month. The development comes after a series of now-approved Polygon Improvement Proposals in September that detailed the specifications for the POL token.
Polygon Labs has deployed contracts for the project’s next-generation cryptocurrency, POL, on the Ethereum mainnet following a testnet deployment earlier this month. The development comes after a series of now-approved Polygon Improvement Proposals in September that detailed the specifications for the POL token.
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