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The venture division of the cryptocurrency exchange Coinbase has published an article examining the convergence of blockchain and AI. Experts argue that this integration could fuel economic growth and potentially lead to the emergence of an Agentic Web, a future network driven by intelligent agents. “The future of AI may be built on blockchain, as cryptography enables greater accessibility, transparency, and utility of this technology. The convergence of cryptography’s vast potential with AI’s programmability could transform how people engage with the digital economy,” Coinbase Ventures states. The Emergence of the Agentic Web This convergence is expected to yield several examples…
Open positions in the Bitcoin options market on Deribit show that the probability of seeing the asset above $100,000 is 9.57%, noted CoinDesk analyst Omkar Godbole. “Options are derivatives that give the buyer the right, but not the obligation, to buy or sell the underlying asset at a predetermined price on or before a specific date. A call contract represents a bullish bet (to buy), while a put protects against downward price movements,” the expert reminded. According to him, the stated estimate “only seems strange.” In reality, most market participants expect the first cryptocurrency to move toward levels around $80,000,…
An Ethereum ICO participant sold Ethereum worth $7.64 million. They received 254,908 ETH for about $79,000. The whale currently holds a balance of 37,070 ETH. A participant in the initial coin offering (ICO) of the Ethereum project sold 3,000 ETH for $7.64 million. This was reported by analysts at Lookonchain. Experts noted that the last time the whale sold 7,000 ETH was on July 1, 2024, after which the coin’s price plummeted by nearly 15%. According to analysts at Lookonchain, the Ethereum holder received 254,908 ETH during the ICO for about $79,000. Currently, he holds 37,070 ETH, which is valued…
The American cryptocurrency exchange has introduced a blockchain project called Ink. The network is designed for trading, lending, and other operations in the DeFi segment. Ink will utilize technology similar to Coinbase’s Base blockchain. The team at cryptocurrency exchange Kraken has announced the launch of its own blockchain called Ink. The network is aimed at the DeFi segment and enables trading, lending, and borrowing of assets. According to available information, the testnet for the Layer 2 solution Ink will be launched by the end of 2024, with a full product release expected in the first quarter of the following year.…
The Pennsylvania House of Representatives has passed a bill aimed at clarifying the regulation of digital assets, FOX Business reported. This bill received support from members of both the Democratic and Republican parties in the U.S. Journalists noted that approximately 12% of the state’s residents own cryptocurrencies. The Pennsylvania House of Representatives has passed a bill that establishes regulatory clarity regarding digital assets, according to FOX Business. The bill is designed to protect residents’ rights to self-custody of digital assets and ensure the use of Bitcoin as a medium of exchange. Additionally, it includes clear guidelines for the taxation of…
Key Takeaways: What Is Popcat? POPCAT is a meme coin inspired by a viral meme that emerged in October 2020. This meme featured two images of a domestic short-haired cat named Oatmeal: one with its mouth closed and another with its mouth exaggeratedly open in an ‘O’ shape. Users can interact with Oatmeal by clicking to open and close its mouth, accompanied by a humorous pop sound. Additionally, Oatmeal is often featured in Instagram music videos, giving the impression that the cat is singing. While the meme coin is not directly linked to its creator, it encourages community engagement. POPCAT…
Everything You Need to Know About Stablecoins: How They Work and Their Advantages Among the vast array of cryptocurrencies, there are tokens that occupy a distinct place in the portfolios of traders and investors: stablecoins. These coins are pegged to fiat currencies, which allows them to maintain a stable price and be less susceptible to the volatility of the crypto market. They provide greater opportunities for risk management, portfolio management, and the creation of flexible trading strategies. In this article, we will explain what stablecoins are, how they work, and how they differ from one another. What Are Stablecoins? A…
Dogecoin was initially created as a joke, but after 11 years, the token has gained popularity among merchants for payment purposes. Bloomberg explored the features of this popular meme coin. The journalists noted that the average transaction fee on the network is less than $0.01, which is about 79 times cheaper than on the Bitcoin blockchain. Transactions are processed in under a minute. DOGE is suitable for money transfers, where fees can reach 7% due to intermediaries. Dogecoin’s fame is fueled by its humorous nature and endorsements from celebrities like Snoop Dogg, Lil Yachty, Elon Musk, and Mark Cuban. In…
Since its inception, the blockchain industry has experienced numerous changes. Some older assets have lost relevance, making way for new projects. Despite this, a few of the market’s “veterans” continue to hold top positions in market capitalization. One of these is Litecoin (LTC), which we’ll explore in this material. What is Litecoin (LTC)? Litecoin is a cryptocurrency operating on a decentralized, open-source network of the same name, with a capped supply of 84 million LTC. It is regarded as one of Bitcoin’s earliest forks due to its modified codebase. LTC is also one of the earliest altcoins. Litecoin’s History On…
A representative from Messari stated that meme coins have become a kind of “Trojan horse” for the adoption of crypto assets. According to the company, these coins are an important part of the market. Messari anticipates that meme coins may transform into a separate asset class in the future. Meme coins are considered an essential part of the digital asset market, according to Messari’s Vice President of Research, Martie Bus. In her view, these coins have become a unique “Trojan horse” facilitating better penetration of the crypto industry into the masses, as reported by The Block. Experts believe meme coins…