AI revenue and abilities haven’t lived up to the hype — but Wall Street and Big Tech have plenty of good reasons to stay ‘all in.’ Source: https://cointelegraph.com/magazine/ai-hits-trough-of-disillusionment-ai-bubble-not-over-ai-eye/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: August 2024
Investors Accumulate as Bitcoin Dips: Record Transfer to Long-Term Wallets
Despite bitcoin dipping more than 14% over the past week, insights from cryptoquant.com and the company’s founder and CEO, Ki Young Ju, reveal an intriguing trend: a large volume of bitcoin has been transferred to long-term holder addresses over the last 30 days. These recent statistics suggest that some investors are seizing the current price […] Source: https://news.bitcoin.com/investors-accumulate-as-bitcoin-dips-record-transfer-to-long-term-wallets/
Meme Coins Meet Layer-2 Tech With Pepe Unchained as Presale Passes $7.5M Mark
Pepe Unchained (PEPU) is going viral with its unique approach: combining the hype of meme coins with the power of layer-2 technology. This project has already passed $7.5 million in its presale, proving its ability not only to withstand weather market storms – but thrive in them. Pepe Unchained – The New Meme Coin with […] Source: https://news.bitcoin.com/meme-coins-meet-layer-2-tech-with-pepe-unchained-as-presale-passes-7-5m-mark/
TON Climbs 10% Ahead of Binance Listing
The largest cryptocurrency exchange by trading volume, Binance, is set to introduce toncoin (TON) trading pairs on Aug. 8, leading to a more than 10% increase in TON’s value against the U.S. dollar. Currently, TON is trading within a range of $5.36 to $6.41 over the past day, making it the eighth largest crypto asset […] Source: https://news.bitcoin.com/ton-climbs-10-ahead-of-binance-listing/
Franklin Templeton’s tokenized money fund launches on Arbitrum
It’s a stamp of approval for the layer-2 from United States regulators. Source: https://cointelegraph.com/news/franklin-templeton-tokenized-money-fund-arbitrum?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
CXT is live and available for trading!
We’re thrilled to announce that Covalent (CXT) is now available on Kraken! Funding and trading CXT trading is live as of 14:00 PM UTC today, August 8th, 2024. To add $CXT to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your tokens using the networks supported by Kraken. Deposits made…
Polymarket Bets Predict a Nail-Biter: Trump and Harris Dead Even in 2024 Race
According to prediction market Polymarket, former President Donald Trump and current Vice President Kamala Harris are now evenly matched in the 2024 election race. Initially, Trump led Harris following the announcement by President Joe Biden that he would not seek re-election in November. 2024 Election Odds: Trump and Harris Locked in Dead Heat As of […] Source: https://news.bitcoin.com/polymarket-bets-predict-a-nail-biter-trump-and-harris-dead-even-in-2024-race/
Blast Memecoin Pacmoon Migrates to Solana, Rebrands to ARMY
Blast meme coin Pacmoon (PAC) is migrating to Solana, less than four months after launching on the Ethereum layer-2 scaling network. The move will see the token renamed ARMY, as revealed by a promotional Twitter video. As per Pacmoon’s official site, users are encouraged to connect their Blast wallet, enter their Solana address, then burn their PAC tokens in order…
Solana’s first gaming SVM surpasses 1M monthly active users
Despite the significant milestone, Web3 gaming still needs more “soft” infrastructure for mass adoption, according to Sonic’s CEO Source: https://cointelegraph.com/news/solana-first-gaming-svm-1-million-monthly-active-users?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin price taps week-to-date high near $58.5K amid US jobs data miss
Bitcoin buyers step in as US jobless claims fall short of estimates, with Binance buy orders helping fuel a BTC price trip to week-to-date highs. Source: https://cointelegraph.com/news/bitcoin-price-week-to-date-high-58-5-k-us-jobs-data-miss?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound