Investors have shown a strong interest in artificial intelligence (AI) stocks, contributing to significant gains in major stock indices like the S&P 500, Nasdaq, and Dow Jones. Companies like Nvidia and Palantir Technologies have emerged as top performers in this space, benefiting from the increasing adoption of AI technologies. Experts believe AI has the potential ...
The CGPT token experienced a remarkable 90% surge in value following its listing on Binance, pushing its Market cap to $335 million. The overall Market for AI agents has doubled since late November 2024, now exceeding $14 billion. ChainGPT, launched in April 2023, aims to improve blockchain and web3 project efficiency by integrating AI agents. ...
As interest in digital assets grows, more publicly traded companies are adopting Bitcoin as a treasury asset, following MicroStrategy’s lead. Since MicroStrategy began this strategy in 2020, its share price has soared nearly 2,500%. In 2024, several firms, including KULR Technology Group, Metaplanet, and Semler Scientific, announced similar moves, with KULR purchasing $21 million worth ...
On the first trading day of the year, Bitcoin and Ethereum exchange-traded funds (ETFs) experienced significant outflows, exceeding $310 million. Bitcoin-focused ETFs saw a $242.3 million decline, with BlackRock’s iShares Bitcoin Trust facing its largest outflow ever, totaling $332 million. Despite these losses, it still leads in assets under management at nearly $53.5 billion. Competitors ...
As Bitcoin breaks past $100,000 in 2024, excitement grows around the future of cryptocurrencies, especially with pro-crypto policies expected from the upcoming Trump administration. After a rough patch in 2022, optimism is back as industry experts anticipate friendlier regulations, especially with potential appointments like former SEC commissioner Paul Atkins. On the tech front, AI tools ...
Bitcoin is experiencing a decline as 2024 comes to a close, dropping nearly 5% in December, despite significant purchases from MicroStrategy. However, January is historically a strong month for Bitcoin, averaging a 3.35% increase since 2013 and nearly 57% gain in first quarters over the same period. This downturn isn’t unique to Bitcoin; the broader ...
In 2024, the number of long-term Ether holders has notably increased, rising from 59% in January to 75% by the year’s end, reflecting growing confidence in Ethereum. In contrast, Bitcoin holders have declined, raising questions about the cryptocurrency’s future. Meanwhile, discussions around the US adopting Bitcoin as a financial reserve face skepticism, with experts pointing ...
In 2024, more people are holding onto Ether (ETH), increasing from 59% to 75% of long-term holders, while the number of long-term Bitcoin (BTC) holders dropped from 70% to 62%. This rise in Ether holders indicates growing confidence in the cryptocurrency as we move into 2025. In December, Ether ETFs saw a significant boost in ...
In this edition of Crypto NFT Today, we explore key developments in the blockchain, cryptocurrency, and NFT sectors over the past two weeks. With predictions highlighting crypto as a major catalyst for tech stocks in 2024, Bitcoin is currently trading around the $97,000 mark, showing resilience after recent volatility. The upcoming launch of six Bitcoin ...
The cryptocurrency Market is booming, with unusual coins like a meme-based $HAWK peaking at nearly $500 million before losing value, and even a coin called Fart Coin nearing $1 billion. Bitcoin has skyrocketed beyond $100,000, prompting long-term holders to cash in on their investments. This surge is largely attributed to Donald Trump’s acceptance of cryptocurrencies, ...
