Wednesday, December 18, 2024
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AI token trading volume stagnant despite Worldcoin buzz – Kaiko data

While the debut of Worldcoin drew attention to artificial intelligence-powered tokens(AI-tokens), recent trading data from Kaiko indicates that these AI tokens have shown resilience despite the controversy surrounding Worldcoin's launch.According to recent Kaiko data, the trading volume of AI-related tokens remained stagnant during the past month. The examination revealed a

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Crypto Markets ‘Highly Dependent’ on Stablecoins Lacking Transparency, TrueUSD TUSD Poses Risk, Kaiko Says

The largest stablecoins have all endured periods of turmoil in the last few months. In February, New York state regulators ordered Paxos to halt minting Binance USD (BUSD), the third largest stablecoin at the time. Next month, the collapse of Silicon Valley Bank (SVB) temporarily froze a sizable portion of

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Tether USDT Trading Volume Falls to Multi-Year Lows, Market Cap Rise Is ‘Questionable,’ Kaiko Says

As trading volumes are falling, and assuming that trading is the dominant use case for stablecoins, a respective decline in market capitalization would be anticipated, according to Clara Medalie, Kaiko’s research director. USDC and BUSD stablecoins’ market caps have shrunk in tandem with trading volumes. “But we are not seeing

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CEX trading volumes decline in April after months of growth: Kaiko

Centralized crypto exchanges have seen a dip in trading volumes in April for the first time in three months as digital assets cool off from a hot first quarter. According to blockchain data provider Kaiko, trading volumes on centralized exchanges have fallen back following three consecutive months of gains.April’s volumes were

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