CryptoNews

2023: The Year AI Cryptos Soared, Then Faltered – Altcoins Bitcoin News

At the outset of the year, artificial intelligence (AI) cryptocurrencies embarked on a rising journey, recording substantial gains and witnessing a surge in global trade activity. However, as we now traverse the course of time, the AI crypto landscape has undergone a significant downturn. According to insights from Kaiko, the weekly trading volume linked to tokens associated with AI has notably…
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CryptoNews

'Islamic Coin's Legitimacy as a Sharia-Compliant Cryptocurrency Is Proven by Its Fatwa' — Co-Founder – Interview Bitcoin News

According to Mohammed AlKaff AlHashmi, the co-founder of “Islamic Coin,” Muslim scholars will increasingly view cryptocurrencies as being “Shariah-compliant” if they function as a store of value or are used as a medium of exchange. Alhashmi added that Islam’s “robust” ethical framework already “accommodates modern technological advancements such as the blockchain and…
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CryptoNews

CFTC Commissioner Proposes 'First-Ever' US Pilot Program for Crypto Regulation – Bitcoin News

A commissioner with the Commodity Futures Trading Commission (CFTC) has proposed the “first-ever” pilot program in the U.S. “to support the development of compliant digital asset markets and tokenization.” The regulator emphasized: “Our principles-based framework is built for innovation in technology, new products, and market structure.” ‘Time-Limited CFTC Pilot Program’ for…
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CryptoNews

Fourth Consecutive Week of Decline: NFT Sales Dip 6.75%  – Markets and Prices Bitcoin News

Non-fungible token (NFT) sales took yet another dip this week, marking the fourth consecutive week of decline, albeit a slight one, with a decrease of 6.75%. From September 2, 2023, to September 9, the total sales for this week amounted to approximately $80.69 million, with a notable chunk of $42.61 million originating from the Ethereum blockchain. NFT Sales Drop 6.75% in Weekly Decline NFT sales…
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