BTC whales have been on a buying spree with MicroStrategy adding 3,000 Bitcoins to its kitty on Monday. Bitcoin ETF trading volumes hit all-time high.
The investment expands Microsoft’s reach in the AI industry beyond ChatGPT creator OpenAI.
The change in market sentiment towards Ether is in stark contrast to previous months when institutions were more bullish on Bitcoin.
Cultural Universe is designed to showcase digital twins of the attractions and activities on offer during the IRL Founding Day, such as a History Walk that educates visitors on milestones in Saudi Arabia’s rich history.
Leveraging sophisticated software, Ritual’s sovereign chain will support decentralized inference, model marketplaces, and heterogeneous proofs, along with modular tools to bridge AI to on-chain workloads.
Saylor and MicroStrategy appear to have concluded that the benefits inherent in the BTC acquisitions far outweigh any potential risks.
While Bitcoin remains the focal point for many investors, other cryptocurrencies have also experienced notable inflows.
One of the main topics of discussion will be whether NFTs should be legally considered virtual assets in South Korea.
CoinGecko data reveals a substantial drop in BitForex’s trading volume from $2.5 billion to $1 billion between February 22 and 24 before stabilizing. However, scrutiny of normalized data suggests an overstatement of volumes by up to 100 times.
Since its mainnet launch in July last year, the Mantle Network has experienced substantial growth, currently ranking as the seventh largest Layer 2 chain with a TVL exceeding $217.5 million.
Locking FXS tokens grants users veFXS tokens, preserving their utility and governance rights. Users can stake veFXS tokens on Ethereum or Frax Finance’s layer 2 solution Fraxtal.
An analyst from Grayscale argued that the crypto market is anticipating Ethereum’s transaction throughput and cost reduction through the Dencun upgrade more, making it more competitive with other layer-1 blockchains.
RiskOnBlast was endorsed by the official Blast ecosystem’s X account, terming its potential as “undeniable”.
The CEO noted that beyond the eToro IPO, the firm has prioritized product enhancements in 2023, focusing on advanced trading experiences and technical analysis features for its user base.
Despite the positive development, Novogratz acknowledges the lack of clear regulations surrounding cryptocurrencies.