Crypto is down, but FET and AI tokens are up — Here’s why

Bitcoin’s recovery bounce is losing steam, indicating that the bears remain active at higher levels.

Calls for an altseason continue to grow louder as the price action in the altcoin market has been on the rise for a few days. Meanwhile, Bitcoin continues to consolidate below its all-time high near the $62,000 support level. Oftentimes, moves in altcoins center around one specific sector of tokens such as meme coins or decentralized…

Two prominent research papers have shed light on the latest crime trends affecting the cryptocurrency community over the past two years.Crypto analytics companies Chainalysis and CipherTrace released reports at the end of January that unpack some interesting data on the methods that criminals have used to steal and defraud users within the cryptocurrency and blockchain…

Bitcoin (BTC) is gradually gaining ground on gold, the traditional store of value. Data shows that one ounce of gold can only buy 0.0352 Bitcoin as of Feb. 17, the lowest amount of BTC eve. This shows that Bitcoin has been rewarding its investors much more than gold. Bitcoin has massively outperformed gold over various time…

MMTC founder Julius Mwale and Akon are expected to be in attendance at next month’s major launch event that will unveil Akoin’s national rollout across Kenya. 163 Total views 5 Total shares Akoin, the cryptocurrency project developed by Senegalese-American singer Akon, has achieved success in its initial pilot testing at western Kenya’s Mwale Medical Technology…

It seems that the private sector is not satisfied with the country’s local fiat money. According to ArzDigital, Gholam Hossein Mozaffari, CEO of the Kish Free Zone Organization, hopes that the Iranian government will approve a proposal to use crypto funds, such as Bitcoin (BTC), to pay for car imports on Kish Island in Iran.The…

EToro, a United Kingdom-based exchange and social network for investors and traders, has rolled out trading support for Tezos (XTZ) on Aug. 5.As eToro tweeted today, Tezos, the 16th-top cryptocurrency by market capitalization, is now available for trading on the platform.According to a press release, Tezos has become the 15th crypto asset to join eToro,…

The Bitcoin futures market has a major expiry date on Dec. 25. 1714 Total views 12 Total shares In a Monday tweet, crypto data provider Skew reported that 102,200 Bitcoin options will expire on Dec. 25. Options contracts allow holders to buy or sell Bitcoin at a specific price, which is known as the strike price.…