AI tokens market cap rebound 79.7% to $32B amid renewed investor confidence

Altcoins moved higher while a lack of buy volume prevented Bitcoin and Ethereum price from breaking out after the completion of a bullish inverse head and shoulders pattern. 645 Total views 3 Total shares On May 26 the the bullish momentum that had propelled Bitcoin and altcoins into a relief rally was somewhat subdued as…

India ranked first in Chainalysis’ 2024 Global Crypto Adoption Index, in addition to ranking second in the CSAO region in terms of crypto value received.

The Securities Commission (SC) of Malaysia has ordered an immediate halt to all promotional activities for the recently-launched Lavidacoin (LVC) pending further review, according to a September 5 notice on the SC’s website.According to local news outlet The Star, Lavidacoin was created by Malaysian cosmetics mogul and beauty guru Datuk Seri Hasmiza Othman, aka Dato’…

Blockchain can allow for the creation of a borderless economy, Massachusetts Institute of Technology (MIT) professor Silvio Micali claimed in a interview on Bloomberg’s Daybreak Asia, Jan. 21.Speaking on the show, Micali outlined three major properties of blockchain systems that must function simultaneously to enable a more inclusive and borderless economy — security, decentralization and…

Despite suspending service to some crypto ATMs during the early days of the pandemic, Bitcoin Depot has continued to expand. The largest Bitcoin ATM operator in the world has said it will be expanding into Circle K locations in the United States and Canada.Bitcoin Depot announced today that more than 700 of its Bitcoin ATM…

Investors are concerned about the stability of the cryptocurrency market after it was faced with a flurry of adverse news in the past few days.Fortunately, the markets have matured to the extent that negative news no longer provokes wild price swings like they once did in crypto’s early days.The current stability shows that institutional investors…

The Financial Conduct Authority (FCA), the United Kingdom’s primary financial regulator, has seen a 74% rise in crypto-related investigations in 2019 so far.A local law firm reveals the dataAccording to London-based law firm Pinsent Masons’ data, the number of the FCA’s investigations into cryptocurrency businesses has surged from 50 cases in 2018 to 87 cases…

Pat Gelsinger, the CEO of major cloud computing and virtual machine company VMWare, has condemned Bitcoin (BTC) as being “bad for humanity.”Fortune spoke to Gelsinger about Bitcoin prior to VMWare’s annual conference in San Francisco on Aug. 26. According to Gelsinger, one issue with Bitcoin is its purportedly high energy consumption, which contributes to climate…

Starting in 2023, the companies will have to obtain a new type of license to operate with crypto in the state. 198 Total views 3 Total shares Own this piece of crypto history Collect this article as NFTFrom Jan. 1, 2023, the term “virtual currency” will take its place in the money transmission regulations of…