Beyond Contradictions: How Blockchain and AI are Shaping the Future Together
As the boundaries of what AI could achieve expanded exponentially, it became evident that AI was the new frontier, captivating the imagination of the tech industry and beyond, and leaving blockchain and other technologies in its wake.
Asia Crypto: Is Hong Kong Rising?
Now that Hong Kong has established “regulatory clarity”, the lack of which is so often bemoaned by the crypto community, it appears poised to establish itself as an Asian crypto center.
Bitcoin, Ether, Other Crypto Fall as SEC Waves Big Stick; Dogecoin Gains; U.S. Equity Futures Flat
Bitcoin fell by 1.61% to US$29,376 in Asia trading, while Ether dipped 0.38% to US$2,074. Dogecoin, Polkadot, and Litecoin gained despite the regulatory crackdown by the US SEC that sued Bittrex on Monday. The market capitalization of cryptocurrencies dropped by 1.03% to US$1.25tn. Solana dropped 2.02% to US$24.41, while the Grayscale Solana Trust opened for public trading on OTC Markets. The Forkast 500 NFT index rose 0.11% to 4,052.59. The Dow Jones Industrial Average dipped 0.03%, while the S&P 500 futures inched 0.05% lower, and the Nasdaq Composite Index dropped 0.12%. China's GDP grew by 4.5% YoY in Q1 2023, beating forecasts of 4%, but the stock markets in the region showed little response. (forkast)
Bitcoin: The Absolut Dominance
Bitcoin dominance is currently 46.80 % of total market capitalization.
NY Financial Regulator Adopts Virtual Currency Assessment Rule
The New York Department of Financial Services (NYDFS) has adopted a new regulation for how crypto companies will be assessed for costs associated with their supervision.
Why the Collapse of CeFi Institutions Proves Crypto’s Core Pillars
The collapse of centralized finance (CeFi) institutions, such as traditional banks and financial institutions, can potentially demonstrate the importance and resilience of cryptocurrencies and its core pillars, which include decentralization, transparency, and security.
Dubai Cryptocurrency Traders’ Guide on Buying and Selling
Cryptocurrencies are not recognized as legal money in the United Arab Emirates, and the Central Bank of the UAE really hasn’t issued any licenses for their use. Cryptocurrency assets, meanwhile, are not restricted in any way and may be exchanged freely on dedicated markets.
Q1 Liquidity Ranking for Crypto Assets
In this article, I’ll provide an update to the liquidity ranking model, highlighting any big movers from last quarter in the process.
Bitcoin Dips Under US$30,000; Ether Takes a Breather; Binance, Solana Lead Gainers
Bitcoin dipped in early Monday morning trading in Asia to move just below the US$30,000 mark, down 1.47% in the 24 hours to 09:00 a.m. in Hong Kong, but still up 5.13% for the week. Ethereum also dipped 0.40% to US$2,082. Meanwhile, Solana gained 3.01% to US$24.91, while Binance's BNB led the winners and rose 3.07% to US$343.33. The total crypto market capitalization dropped 0.76% in the past 24 hours to US$1.26 trillion. In the NFT market, the Forkast 500 NFT index added 0.91% to 4,053.99 in the 24 hours to 09:00 a.m. in Hong Kong. U.S. equity futures moved higher after gains last week, though they lost some steam on Friday amid a mixed outlook for the economy. (forkast)
Elon Musk's Tweet Ignites Aptos (APT) Frenzy: Unraveling the Innovations Behind the APT Token and Its Ecosystem
Aptos (APT) serves as the fuel that powers the Aptos blockchain and enables key features such as staking, governance, and interoperability.