AI hits ‘trough of disillusionment’ but AI bubble not over yet despite correction: AI Eye
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.’
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Marathon Digital mines $16M in Kaspa to diversify from Bitcoin
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Ethereum Network Hashrate Hits 20-Month High as DeFi Tokens Rally
New data from glassnode and Etherscan show Ethereum’s hashrate has risen to a 20-month high and this has led some optimistic traders to suggest Ether price will continue to rise to new highs in 2020.The explosive increase in Ethereum’s hashrate appears to be heavily influenced by the rapidly growing Decentralized Finance (DeFi) sector and at…
What is total value locked (TVL) in crypto and why does it matter?
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‘Historic week’ as stablecoin, self-custody bills advance to House floor
The bills aim to create a regulatory framework for payment stablecoins and enshrine rights for crypto users to self-custody digital assets. 291 Total views 2 Total shares The House Financial Services Committee has advanced another two landmark crypto bills previously under consideration — with one aiming to better regulate stablecoin issuers and another seen as…
US House Financial Services members scold Fed’s Powell for stablecoin bill obstruction
The committee members suspect the Fed is trying to hold up Congressional efforts to pass stablecoin legislation by restricting banks’ actions. 253 Total views 5 Total shares The Federal Reserve is seemingly running interference with congressional efforts to regulate stablecoins, according to a letter recently sent to Fed Chairman Jerome Powell. The letter came from…
Crypto Markets See Sharp Decline as Total Market Cap Drops $12 Billion in One Hour
Wednesday, September 5: crypto markets have suffered a sharp decline within one hour, with total market cap down $12 billion and almost all of the top 100 coins by market cap in red, according to Coinmarketcap.Market visualization from Coin360Major cryptocurrency Bitcoin (BTC) has again dipped below the $7,000 point today, according to Cointelegraph’s BTC price…
Celsius Joins Major Cryptocurrency Firms Using Simplex’s Fiat Onramp
Cryptocurrency businesses worldwide are continuing to integrate fiat onramps into their operations in an effort to make it easier for customers to jump into crypto.United Kingdom-based cryptocurrency lending startup Celsius Network has launched in-app crypto purchases via a new partnership with Simplex, according to a Feb. 18 announcement. Simplex, a popular fiat-to-crypto payments provider servicing major…