Memecoins will continue to lose market share to AI agent coins: Dragonfly VC

Consensus, the annual crypto and blockchain conference, attracted over 15,000 attendees, 220 sponsors and 410 speakers to its 2023 edition in Austin, Texas, despite recent regulatory struggles around cryptocurrency adoption in the United States. The turnout at Consensus 2023 demonstrated that U.S.-based companies and international organizations are still very much interested in implementing Web3 technology into…

The total cryptocurrency market capitalization dropped by 24% between Nov. 8 and Nov. 10, reaching a $770 billion low. However, after the initial panic was subdued and forced future contracts liquidations were no longer pressuring asset prices, a sharp 16% recovery followed.Total crypto market cap in USD, 2-days. Source: TradingViewThis week’s dip was not the…

1200px"},{"size":"md","label":"Medium devices","breakpoint":"> 992px"},{"size":"sm","label":"Small tablets","breakpoint":"> 768px"},{"size":"xs","label":"Smartphones","breakpoint":"> 480px"},{"size":"xxs","label":"Extra small devices","breakpoint":"< 480px"}],"position":1,"status":true},"twitter":{"url":"https://twitter.com/intent/tweet?text=%TEXT%","icon":"twitter","title":"Twitter","position":2,"status":true,"sizesAllowed":[{"size":"xxs","label":"Extra small devices","breakpoint":" 480px"},{"size":"sm","label":"Small tablets","breakpoint":"> 768px"},{"size":"md","label":"Medium devices","breakpoint":"> 992px"},{"size":"lg","label":"Large devices","breakpoint":"> 1200px"}]},"telegram":{"url":"https://t.me/share/url?url=%URL%&text=%TEXT%","icon":"telegram","title":"Telegram","position":3,"status":true,"sizesAllowed":[{"size":"xxs","label":"Extra small devices","breakpoint":" 480px"},{"size":"sm","label":"Small tablets","breakpoint":"> 768px"},{"size":"md","label":"Medium devices","breakpoint":"> 992px"},{"size":"lg","label":"Large devices","breakpoint":"> 1200px"}]},"linkedin":{"url":"https://www.linkedin.com/shareArticle?mini=true&url=%URL%&title=%TITLE%","icon":"linked-in","title":"LinkedIn","position":5,"status":true,"sizesAllowed":[{"size":"xxs","label":"Extra small devices","breakpoint":" 480px"},{"size":"sm","label":"Small tablets","breakpoint":"> 768px"},{"size":"md","label":"Medium devices","breakpoint":"> 992px"},{"size":"lg","label":"Large devices","breakpoint":"> 1200px"}]},"copy":{"url":"%URL%","icon":"copy","position":7,"title":"Copy Link","sizesAllowed":[{"size":"xxs","label":"Extra small devices","breakpoint":" 480px"},{"size":"sm","label":"Small tablets","breakpoint":"> 768px"},{"size":"md","label":"Medium devices","breakpoint":"> 992px"},{"size":"lg","label":"Large devices","breakpoint":"> 1200px"}],"status":true},"whatsapp":{"url":"https://wa.me/?text=%TITLE% %URL%","icon":"whats-app","title":"Whatsapp","sizesAllowed":[{"size":"xxs","label":"Extra small devices","breakpoint":" 480px"},{"size":"sm","label":"Small…

Crypto.com aims to offer derivatives and futures products to its U.S. customers with the acquisition of Nadex and the Small Exchange. 612 Total views 15 Total shares Global crypto exchange Crypto.com is looking to strengthen its foothold in the United States with the acquisition of IG Group's stakes in two exchange platforms.Crypto.com announced that it…

Former Twitter CEO Jack Dorsey highlighted that a solution to Twitter’s censorship issues is making a platform resilient from corporate or government control. 1212 Total views 6 Total shares Own this piece of crypto history Collect this article as NFTWith the internal investigation led by Elon Musk identifying censorship-related issues on Twitter, the social platform’s…

Bitcoin ETFs are back in the spotlight after several companies filed with the SEC. This week’s episode of Market Talks discusses why approval would be a big deal for Bitcoin. 444 Total views 1 Total shares In this week’s episode of Market Talks, Cointelegraph welcomes Natalie Brunell, a podcast host, educator and media commentator in the…

According to a 2024 analysis by the Federal Reserve, 7% of adults in the United States currently hold or have used crypto in the past.

Hedge funds are adopting crypto investments, but one asset manager says it is all a speculative play. 474 Total views 3 Total shares Not all hedge fund managers are sold on crypto as Man Group CEO Luke Ellis has compared cryptocurrencies to tulip bulbs.Speaking to the Financial Times, Ellis remarked that the utility of crypto…

Bitcoin (BTC) starts a new week with traders still digesting the impact of the last — a major price drop that at one point saw $41,900.A modest recovery is now competing with some formidable resistance, first of which is $50,000.As a sense of déjà vu pervades markets, analysts are coming to terms with the fact…