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A16z: Cryptography could play a key role in AI challengesBlockchain technology could be the key to democratizing AI development, according to a recent report titled “State of Crypto 2024” by leading venture capital firm a16z. According to the analysis, crypto projects with AI capabilities increased from 27% in 2023 to 34% in 2024.Meanwhile, the cryptocurrency industry is accelerating innovation as the cost of developing artificial intelligence rises and power potentially consolidates among a small number of big tech companies. This report demonstrated how blockchain technology is removing traditional barriers to AI development and opening it up to a wider range…

Workers at a resettlement housing construction site in Huai’an City, Jiangsu Province, China, June 17, 2024. Photo | Future Publishing | Getty ImagesSINGAPORE — Most markets in Asia-Pacific fell on Thursday after a press conference from China’s Ministry of Housing failed to impress investors and the country’s real estate stocks plunged.The CSI 300 real estate index, which was up more than 5% on Wednesday, fell nearly 8%, with the benchmark CSI 300 index down 1.13% to 3,788.22.Hong Kong’s Hang Seng index fell 1.3% to 20,030 in the final hours of trading following a number of policy announcements by Hong Kong’s…

As major digital assets continue their bullish momentum, crypto market sentiment is undergoing a major shift. According to data provided by CoinMarketCap, the cryptocurrency fear and greed index entered the 60 zone today, indicating a somewhat greedy market situation. BTC Price and Crypto Fear and Greed Index – October 17 | Source: CoinMarketCap This is the first time in six weeks that the crypto market has reached the greed zone, the last time it was seen on July 31st. The big drop occurred in early August, when Bitcoin (BTC) price fell below $54,000. The recent market-wide rally occurred on the…

Stripe is reportedly in talks to acquire stablecoin provider Bridge, five months after announcing it would allow U.S. merchants to accept USDC payments again. Multinational payments company Stripe is said to be in talks with Texas-based stablecoin payments hub Bridge to expand its portfolio of crypto services. According to a report by Bloomberg, the parties are still negotiating and no final decision has been made yet. As of this writing, neither Stripe nor Bridge have issued any public comments on this matter. If the acquisition goes ahead, Stripe could strengthen its position in the cryptocurrency market as it seeks to…

Dogecoin (DOGE) has emerged as a standout performer among major cryptocurrencies, driven by Elon Musk’s growing political influence and speculation surrounding a potential government initiative to share the cryptocurrency’s name. , soared 12% to $0.1264.DOGE/USD Market Performance and Technical AnalysisThe original meme coin has outperformed the broader cryptocurrency market, posting an impressive 18% gain over the past week. This rise has made DOGE the top performer among the 40 largest cryptocurrencies by market capitalization, with its value now at $18.5 billion.Technical indicators suggest strong momentum: Price decisively broke above the $0.1200 resistance level Trading well above the 100-hour simple moving…

Analysts predict that ETH/BTC will bottom in Q4 2024 and Ethereum will face a short-term downturn before potentially recovering in 2025. Ethereum price is at a key point testing the $2,700 resistance zone after rising more than 10% over the past week. This important milestone has attracted the attention of analysts predicting potential price movements. Despite recent price gains, market watchers expect Ethereum to face further declines by the end of 2024. Benjamin Cowen, CEO of Into the Cryptoverse, focuses on the long-term movement of the ETH/BTC pair. ETH/BTC breakdown and historical similarities Cowen has been vocal about the relationship…

Cryptocurrency prices showed mixed trends on Thursday. Bitcoin (BTC) remained volatile, but managed to stay above $67,400, while Ethereum (ETH) continued to hover around $2,600. Solana (SOL) and Shiba Inu have experienced a slight dip in the past 24 hours.As of 11:41 PM IST, Bitcoin was trading 0.6% higher at $67,433, having previously touched a high of $68,375. Ethereum rose 0.17% to $2,623.Other major cryptocurrencies such as BNB, XRP, Dogecoin, and Tron rose by up to 4%. Conversely, Solana, Toncoin, Cardano, Avalanche, Polkadot, and Shiba Inu fell by up to 2.5%.“Bitcoin stabilized around $67,500 after testing the $68,000 resistance level.…

9 hours 15 minutes ▪ 4 minutes read ▪ Written by Luc Jose A The world of cryptocurrencies, known for its high volatility, has once again proven its unpredictable nature. In just 24 hours, over $287 million was liquidated on major exchange platforms. This number resonates as a warning to leveraged traders who are exposed to sudden and brutal market fluctuations. Bitcoin and Ethereum, two pillars of the crypto market, are not spared from this new wave of liquidations, and their valuations are being severely impacted. Big tremors in the virtual currency market In the past 24 hours, over $287…

blockchain identity management industry summary:● The global blockchain identity management market size reached USD 1,467.8 million in 2023.● The market is expected to reach USD 1,701,501.2 million by 2032, registering a growth rate (CAGR) of 67.6% from 2024 to 2032.● By region, the market is segmented into North America (United States, Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, etc.), and Europe (Germany, France, United Kingdom). , Italy, Spain, Russia, etc.), Latin America (Brazil, Mexico, etc.), the Middle East and Africa.● Based on component, the market is segmented into platforms and services.● Based on provider, the market is…

This post is an excerpt from our 2024 Geography of Cryptocurrency Report. Download your copy now! Like previous years, North America remains the largest cryptocurrency market globally, with an estimated $1.3 trillion in on-chain value received between July 2023 and June 2024, representing about 22.5% of global activity. North America’s dominance in the cryptocurrency market is largely fueled by institutional activity — more so than any other region. Approximately 70% of the region’s crypto activity consisted of transfers exceeding $1 million, reflecting the growing influence of major financial players in the region’s crypto market. The overwhelming majority of this activity…