$528 million was pulled out of digital asset investment products last week, the first decline in four weeks. According to a recent analysis from CoinShares, the flight is thought to be a reaction to growing worries about a possible US recession, which are exacerbated by geopolitical unpredictabilities and the ensuing mass liquidations across a variety…
AI Acquires All of Its Knowledge from People. Will AI Teach Humans Anything, Too? One of the best go players in the world, Lee Sedol, was defeated by an artificial intelligence program named AlphaGo in 2016, taking the lead in four out of five games. By seeing how human players play the game and competing…
Among exchanges that support USD, Crypto.com held the largest market share in spot cryptocurrency trading volume in July. The Block Data Dashboard reports that Crypto.com, with a 38.5% market share in spot cryptocurrency trading volume, ranked #1 for the first time in more than two years. Coinbase came in second place with 35.8% of the…
The decentralized lending startup Morpho Labs acquired $50 million in investment, with Ribbit Capital leading the round. According to an announcement from Morpho Labs, additional funders included a16z crypto, Coinbase Ventures, Variant, Pantera, Brevan Howard, BlockTower, Kraken Ventures, Hack VC, IOSG, Rockaway, L1D, Semantic, Mirana, Cherry, Fenbushi, LeadBlock Bitpanda Ventures, Robot Ventures, and others. Paul…
Later this month, the Stock Exchange of Hong Kong (HKEX) is expected to introduce Asia’s first-ever Bitcoin inverse product.The fund, known as CSOP Bitcoin Futures Daily (-1x) Inverse Product (7376:HK), is intended to offer inverse exposure to the fluctuations in the price of BTC. Important Fund Information The next Bitcoin inverse product is scheduled to…
Kaspa accumulation phase continues with a 70% volume increase while exhibiting a noticeable bull run in motion. Following the breach of the above trendline, $KAS is poised for a massive 25% surge.In contrast to the majority of popular altcoins, Kaspa has shown steady growth over the last several months. Disregarding the bearish trend in the…
In its case against Binance, the US Securities and Exchange Commission (SEC) sought a ruling from a court regarding the classification of some tokens as securities. However, the SEC has now withdrew this request. In a document filed on July 30, the SEC asked to have its complaint about “Third Party Crypto Asset Securities” amended…
& AND WHICH ARE THE BEST It might seem like we’re favoring an exchange because we mention Binance first….?Without favoritism, the truth is that Binance is one of the most powerful exchanges in the crypto world.WHY??Binance is hands-down the world’s largest crypto exchange by trading volume, with tens of billions of dollars worth of crypto…