AI crypto market cap doubles to $25 billion in 20 days
AI crypto market cap doubles to $25 billion in 20 daysThe same AI tokens had a market cap of just $10 billion three weeks ago.
Happy Friday!The global crypto market cap is $2.63 trillion, with a 24-hour volume of $127.06 billion. The price of Bitcoin is $68,981.75, and BTC market dominance is 52.2%. The price of Ethereum is $3,964.54, and ETH market dominance is 18.3%. The best-performing sector is Deflationary, which gained 25%. The Crypto Fear & Greed Index is currently Greed (81). Top News
AI crypto market cap doubles to $25 billion in 20 daysThe same AI tokens had a market cap of just $10 billion three weeks ago. Tesla and SpaceX’s Bitcoin holdings unveiled by Arkham IntelligenceTesla is currently the third-largest public corporate holder of Bitcoin. Tether co-founder believes Bitcoin could hit $300K based on historic patternsQuigley clarified that his analysis is not a prediction but a possibility based on historical patterns and current market conditions. Latest InsightsMore NewsEthereum edges near $4000 as EigenLayer becomes second-largest DeFi protocolEthereum's recent price rally has coincided with EigenLayer surpassing Aave in total value locked. Montenegro decides to extradite Do Kwon to South Korea in retrialThe embattled South Korean had fought his extradition to the United States over several months. Uzbekistan taps Tether to boost crypto, blockchain development and regulationA primary focus of the collaboration is to support the creation of a legal framework and regulatory policies conducive to the growth of crypto and other digital assets in Uzbekistan. Proof of Stake cut $21 billion ETH from circulation as deflation falls to 1.4%Over 5.5 million extra ETH would be in circulation under proof of work, inflation rate falls to -0.23%. Optimism Foundation sells $90M in tokens amid market rally and token unlock anticipationOptimism's OP price reached a new all-time high of $4.86 during the past week.
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CFTC chair urges Congress to issue legislation for crypto regulations
Thursday, March 7, 2024
Rostin Behnam also told Congress that Bitcoin and Ethereum can only be considered commodities under the current regulatory frameworks. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin and gold are becoming increasingly correlated in conservative investment strategies
Wednesday, March 6, 2024
Market trends suggest that investors are turning to gold and Bitcoin as a hedge against uncertain global conditions. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
BlackRock looking to include Bitcoin exposure in other funds
Tuesday, March 5, 2024
The asset manager has filed an amendment to include Bitcoin exposure in its Strategic Income Opportunities Fund (BSIIX). ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin passes $66k as liquidations surge and halving approaches
Monday, March 4, 2024
With a year-to-date high, Bitcoin inches closer to surpassing its record value before the upcoming 'halving' event. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Why has Bitcoin reached its ATH against major currencies but not USD?
Sunday, March 3, 2024
Exploring Bitcoin's performance against major fiat currencies and the reasons behind its failure to exceed the previous all-time high in US dollars. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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