Remember Tamagotchis, the pocket-sized virtual pets that had millennials glued to tiny screens in the 90s? Well, they’re back—sort of. A California-based startup called My TabAl, Inc. purchased the domain friend.com for $1.8 million to launch its entry in the rapidly burgeoning, virtual best-friend market: a $99 AI-powered necklace dubbed ‘friend’ (yes, lowercase). The device is expected to ship early…
According to pseudonymous crypto trader Mags, the altcoin market broke out after 525 days of accumulation and will likely resume an uptrend. Source: https://cointelegraph.com/news/whales-preparing-next-altcoin-rally-cryptoquant-founder?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin’s latest rejection at $70,000 has presented some support levels below where a BTC price downtrend might stop. Source: https://cointelegraph.com/news/how-low-can-the-bitcoin-price-go?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Polymarket, the decentralized prediction platform that allows anyone to create a market about essentially any question, has rapidly gained recognition in the lead-up to the 2024 U.S. presidential election. Now, users are pouring hundreds of millions of dollars into bets on the outcomes of a variety of political contests and questions. One of Polymarket’s draws is its simplicity: users bet…
The market capitalization of stablecoins increased by 2.1% to $164 billion in July, the highest level since April 2022. Source: https://cointelegraph.com/news/usdc-trading-volume-soars-july-mica-market-growth?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Recent analysis from QCP Capital highlights the intensifying macroeconomic volatility, driven by various factors including equity market sell-offs, unwinding currency trades, and fluctuating commodity prices. QCP Capital’s researchers foresee further turbulence ahead, particularly in light of upcoming Federal Reserve actions. QCP Capital Cites Heightened Volatility Ahead of Key Federal Reserve Decisions QCP Capital reports that […] Source: https://news.bitcoin.com/market-volatility-surges-amid-global-uncertainty-says-qcp-capital/
Two artists have taken legal action to demand clarification from the SEC over the status of NFTs. Source: https://cointelegraph.com/news/artists-sue-sec-nft-draftkings-exits-nft-market?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase’s layer-2 blockchain hosts approximately 80% of Uniswap’s monthly active traders. Source: https://cointelegraph.com/news/coinbase-base-hosts-80-percent-active-uniswap-traders-token-terminal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The Office is calling for the creation of a new law to deal with digital replicas. Source: https://cointelegraph.com/news/us-copyright-office-reports-urgent-need-protection-ai-law-deepfakes?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Lawmakers in Europe and California are worried about that open-source AI is “dangerous.” On the contrary — there is nothing dangerous about transparency. Source: https://cointelegraph.com/news/regulators-misguided-efforts-limit-open-source-ai?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
