CryptoNews

AI Crypto Assets Skyrocket 540% in Under a Year, Hitting $7 Billion Market Cap

The sector of crypto economy dedicated to artificial intelligence (AI) has been expanding steadily, and in the past 34 days, since Nov. 29, 2023, the market capitalization of AI-focused crypto assets has surged by $1.75 billion. A majority of the leading ten AI tokens experienced substantial growth, with more than half recording gains in the double digits. Notably, the graph (GRT) emerged as the…
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CryptoNews

Coinbase 'Extensively Prepared' for Spot Bitcoin ETF Approval

Crypto exchange Coinbase says that it has “extensively prepared” for spot bitcoin exchange-traded fund (ETF) approvals by the U.S. Securities and Exchange Commission (SEC). Most spot bitcoin ETF applicants have named the Nasdaq-listed crypto platform as the custodian for their bitcoin. Coinbase Gets Ready for Spot Bitcoin ETF Launches As the deadline approaches for the U.S. Securities and…
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CryptoNews

Crypto Crossroads — Contrasting 2024 Predictions Signal a Year of Defining Shifts

Throughout the past year, enthusiasm and speculation around bitcoin and other crypto assets have surged, particularly as the year drew to a conclusion. The Motley Fool’s forecasts for 2024 strike a pessimistic tone, anticipating a “buy the rumor, sell the news” scenario related to the spot bitcoin exchange-traded fund (ETF) and further projecting that the crypto market will not decouple from…
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CryptoNews

Cryptocurrency Miner Kidnapped for Ransom in Russia

In Izhevsk, Russia, a 23-year-old bitcoin miner was forcefully abducted from his residence as kidnappers demanded a ransom of 15 million rubles ($166,000). 23-Year-Old Russian Bitcoin Miner Kidnapped for Ransom On Dec. 25, in a rapid sequence of events, it was reported that…
CryptoNews

L2 Protocol Blast Soars Past $1 Billion in Locked Crypto Value

Statistics reveal that the Ethereum layer two (L2) platform Blast now secures over $1 billion within its protocol. The total value locked (TVL) in Blast has expanded more than twelvefold since its launch in late November. Blast’s TVL Hits $1 Billion Initially, on Nov. 22, 2023, Blast’s value locked was recorded at $89.59 million, but as of today, it has surged to $1.135 billion. Currently…
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