On Monday, Bitcoin (BTC) saw a temporary dip below $90,000, causing concern among investors due to market turbulence. However, it swiftly regained its footing, reaching $92,500 before ascending further to its current price of $95,400. Despite the decline, Bitcoin has managed a slight increase of 1.01% in the past day. In summary, the value of … Read more
In the emerging field of AI, known as AIFi (Artificial Intelligence Foundations) or DeFAI (Decentralized Artificial Intelligence), a definitive term to encapsulate the sector hasn’t been agreed upon yet. However, it is evident that the amalgamation of web3 technologies and artificial intelligence is underway on a massive scale and will significantly impact both on-chain and … Read more
The data on creating stablecoins indicates a decrease in the conversion of traditional money (fiat) to cryptocurrencies, which may be due to the more aggressive stance taken by the Federal Reserve affecting market transactions, as warned by Matrixport. According to Matrixport, a digital asset company based in Singapore, it’s expected that the price of Bitcoin … Read more
The Commodity Futures Trading Commission (CFTC) is currently deliberating if they should conduct a 90-day assessment on Crypto.com’s sports betting futures contracts, which allow individuals to wager on the winners of significant football matches like the Super Bowl. Based on a Bloomberg article published on January 14th, it’s been suggested that a five-member federal committee … Read more
The user base for cryptocurrencies has grown to approximately 300 million people, which is almost twice as fast as the internet and three times faster than the global smartphone market. What key elements could be driving this swift growth? A recent study by BlackRock reveals that it took only 12 years for cryptocurrency adoption to … Read more