AI-Driven Crypto Market Suffers $1 Billion Value Decline in Just 90 DaysIn a span of approximately three months, the market value of 74 AI-driven digital currencies, which previously surpassed $4 billion, has plummeted by over $1 billion. The AI-centric crypto market suffered a significant loss in v

Over the past year, there have been notable shifts in the market dominance of stablecoins pegged to the United States dollar. Circle's USD Coin (USDC) has experienced a decline in market share, dropping from 34.88% to 23.05%. On the other hand, Tether's USDT has gained significant ground, with its m

Circle Financial, the stablecoin issuer, has recently announced the expansion of their euro-pegged crypto asset, EUROC, onto the Avalanche (AVAX) blockchain. This move has gained support from various decentralized finance (defi) protocols and projects, further enhancing the AVAX-issued EUROC asset.A

Brad Smith, the president of Microsoft, is the newest titan of the IT sector to demand improved risk management and regulation for AI.Source: www.wallpaperflare.comMicrosoft President Brad Smith has urged businesses and governments to move faster in the face of a sharp acceleration in the developmen

JPMorgan CEO Cautions: "Everyone Should Prepare for Higher Interest Rates"During JPMorgan Chase's investor day event, CEO Jamie Dimon cautioned that people should be prepared for higher interest rates, contrary to market expectations of a rate hike pause. Dimon also addressed concerns about the comm

1. Market TrendBetween May 22 and May 24, the BTC price fluctuated between $26,080.50 and $27,495,83, with a volatility of 5.42%. According to the 1-hour candle chart, at 9:00 am on May 23, the BTC price started to push towards $27,000 again. It reached a peak of $27,495, which marked the fourth tim

Stricter anti-money laundering (AML) measures for the cryptocurrency sector in Japan are set to be enforced starting from June 1, as reported by local media. These new regulations aim to align Japan's legal framework for cryptocurrencies with international standards, allowing the government to trace

The present macroeconomic uncertainty benefits bitcoin bearish, who hope to make $270 million if the price of BTC drops below $25,000 at that point.Source: theconversation.comOn May 23, Bitcoin's price failed to surpass $27,500 for the fourth time in 12 days. In absolute terms, the ensuing 24-hour r

Google and Microsoft Suggest Potential Involvement of Twitter and TeslaElon Musk, CEO of Tesla, believes that there should be another major player in the artificial intelligence (AI) race alongside Microsoft and Google. Musk suggested that Tesla and Twitter could potentially partner with an AI compa

According to EPFR Global, an insights company specializing in fund flow and allocation data, emerging market investors are increasingly favoring local currency-denominated bonds while moving away from dollar-denominated debt. The performance of currencies like the Brazilian real and the Mexican peso