UAE Blockchain and AI Startup Sentient Labs Secures $85 Million in Seed Funding

July 17, 2024 Bitcoin.com

UAE Blockchain and AI Startup Sentient Labs Secures Million in Seed Funding

Sentient Labs, a UAE-headquartered startup, has successfully raised $85 million in seed funding. The funding round was spearheaded by billionaire Peter Thiel’s Founders Fund and Pantera Capital, with additional participation from Framework Ventures. Sentient Labs stands out by merging decentralized blockchain features with cutting-edge AI technology, aiming to challenge existing norms and create a more […]

Salvadoran Basic Goods Basket Rose to Historic Highs in June

Crypto Rankings Shift Over Year: New Entrants and Price Surges

July 9, 2024 Bitcoin.com

bitcoin.com

Every few months, the rankings of the top ten crypto assets shift, and a year ago, the leading digital currencies were different from today. Some assets have moved to new positions, new entrants have emerged, and some have dropped out of the top ten. Yearly Crypto Market Update Reveals New Entrants and Price Fluctuations In […]

Salvadoran Basic Goods Basket Rose to Historic Highs in June

2024 Republican Platform Defends Bitcoin Mining and the Right to Self-Custody Crypto

July 8, 2024 Bitcoin.com

2024 election

The Republican Party has integrated cryptocurrency issues into its 2024 platform titled “Make America Great Again.” The document outlines the party’s intention to “end Democrats’ unlawful and unAmerican crypto crackdown” on law-abiding citizens. Republican Party Integrates Cryptocurrency Into 2024 Platform As the 2024 U.S. general election nears, cryptocurrency and blockchain topics have become significant policy […]

Salvadoran Basic Goods Basket Rose to Historic Highs in June

Analyst Outlines Tough Conditions for a ‘Face Melting’ Altcoin Season Rally

June 22, 2024 Bitcoin.com

altcoin season

The landscape for altcoins appears notably bleak, with most experiencing consistent declines since March and with bitcoin’s dominance escalating, it diminishes the likelihood of a resurgence altcoin run-ups. On June 20, the X account ‘Altcoin Sherpa’ highlighted two prerequisites for an ‘Altcoin Season’ to emerge. Crypto Analyst Altcoin Sherpa Foresees Challenging Times for Altcoins The […]

Salvadoran Basic Goods Basket Rose to Historic Highs in June

Ghana Central Bank Partners With Singapore Regulator to Demonstrate Use of Digital Credentials in Global Trade

June 14, 2024 Bitcoin.com

Africa

The Ghanaian central bank recently collaborated with the Monetary Authority of Singapore (MAS) to demonstrate the use of digital credentials in international trade. The second phase of Project DESFT culminated in the execution of cross-border trade between the West African nation and Singapore in April 2024. Ghana’s CBDC to Streamline Cross-Border Trade The Bank of […]

Salvadoran Basic Goods Basket Rose to Historic Highs in June

Global Crypto Ownership Reaches 562 Million: 6.8% of World Population Now Own and Use Digital Currencies

June 1, 2024 Bitcoin.com

Africa

A new report reveals that 562 million people globally now own digital currencies, an increase from 420 million in 2023, making up 6.8% of the world’s population. Asia is at the forefront of this growth, with North America close behind. Overall, cryptocurrency adoption is rising worldwide, with notable increases seen across all continents. ‘562 Million […]

Salvadoran Basic Goods Basket Rose to Historic Highs in June

ECB’s Joachim Nagel Urges Central Banks to Evolve: ‘We Need to Work on Our Business Model’

May 9, 2024 Bitcoin.com

Bank for International Settlements

Joachim Nagel, President of the Deutsche Bundesbank and Member of the Governing Council of the European Central Bank (ECB), has raised concerns about central banks’ business model. “If part of your core product is loosening attractiveness then you have to think about another new core product,” he stressed. ‘We Need to Speed up on All […]

Salvadoran Basic Goods Basket Rose to Historic Highs in June

Hong Kong central bank forms community to explore asset tokenization

May 7, 2024 Coin Telegraph

asset tokenization

Regulators like HKMA and SFC united with local private sector firms like HSBC and HashKey to support the tokenization market in Hong Kong.

The Hong Kong Monetary Authority (HKMA), the financial regulator and central bank of Hong Kong, is collaborating with the industry to explore asset tokenization.

HKMA officially announced on May 7 that it will form a special community comprising industry representatives and regulators to develop tokenization standards.

Called “Project Ensemble Architecture Community,” the community aims to supervise and support the development of tokenization projects in Hong Kong.

Salvadoran Basic Goods Basket Rose to Historic Highs in June

Stablecoin Market Hits $160 Billion, Reaching Heights Not Seen Since Terra’s Crash

April 22, 2024 Bitcoin.com

Stablecoin Market Hits 0 Billion, Reaching Heights Not Seen Since Terra’s Crash

Altcoins

This week, the value of the fiat-pegged cryptocurrency economy has climbed to $160 billion, a peak last observed in May 2022, shortly before Terra’s UST detached from its intended $1 parity on May 9, 2022. In the past month, various stablecoins have experienced an increase in supply, with Ethena’s USDE at the forefront, registering a […]

Salvadoran Basic Goods Basket Rose to Historic Highs in June

Stablecoin Market Climbs $2.81B in a Week, Nearing $160B Valuation

April 19, 2024 Bitcoin.com

Stablecoin Market Climbs .81B in a Week, Nearing 0B Valuation

Altcoins

Over the past seven days, the stablecoin sector has expanded by $2.81 billion, bringing the dollar-pegged cryptocurrency market close to a total valuation of $160 billion. A significant portion of this growth, exceeding $2 billion, is attributed to the increase in USDT’s market capitalization, which reached $109.38 billion by Friday at 1:00 p.m. Eastern Time. […]

Digital Currencies

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