Cryptocurrency Analysis and News Portal
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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The US Commerce Department’s recent shows that economic growth and GDP have slowed even as Bitcoin struggles to regain $30,000. The price of Bitcoin (BTC) has remained relatively stagnant for about a week as the US gross domestic product (GDP) is slowing. Currently trading at $28,870 according to CoinMarketCap data, BTC
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ALGO, an altcoin by the Algorand blockchain with a market cap of $1.18 billion, continues to feel the effects of the intense selling pressure that caused its price to crash last month. After trading within a narrow region from May to November that saw it establish $0.28 as its range low,
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"There are many risks, including from macro markets and the risk perceived in holding crypto on an exchange, post-FTX. Moving to stablecoins is a most defensive posture, vs. moving into BTC, which is still a volatile asset in the end," Rosenblum told CoinDesk when asked if stablecoins have replaced BTC
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While Bitcoin (BTC) has hogged the majority of the mainstream limelight when it comes to the recent bullish action seen in the crypto market, the altcoin XRP has also surged over the past month, breaking out of a multiyear downtrend to regain some previously lost momentum. For example, in March,
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Searches on Google for the term “Bitcoin Halving” are much more common than they were four years ago. This has led one cryptocurrency analyst to conclude that the top will be much higher than those seen during previous bull markets.Although Google search volume is up for the term this time
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In a flip flop scenario, the China-based crypt mining hardware manufacturer Canaan Creative has suffered a sharp decline in its stock price amid a consistent wave of pressure on the price of Bitcoin.On November 21, the first day the company began being traded on the NASDAQ, Canaan’s stock was priced
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Liquidity providers are not rushing in. To measure market makers' enthusiasm for bitcoin, we turn to network data: the aggregate balances of exchange wallets, as a percentage of bitcoin's total supply. This measure of exchanges' bitcoin flows shows some responsiveness to volatility. Year-to-date highs were set in late May and
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