Artificial Intelligence (AI) and cryptocurrencies are both prominent tech trends that have caught the public’s attention in recent years. Now, the intersection of these technologies has led to the development of AI crypto projects, which use specialized tokens as the working currency for AI platforms based on blockchain. These tokens offer users the ability to…
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Joining the broader cryptocurrency market uptrend today, Render Token (RNDR) has exhibited bullish price action for most of the day. The RNDR price touched its 50-day moving average for the first time in almost two months earlier today. However, selling pressure has once again pushed the cryptocurrency back to its familiar consolidation resistance zone of…
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Two leading exchange-traded fund (ETF) providers have set their sights on launching the first spot Ethereum ETF in the U.S. after continued delays from regulators on approving a spot Bitcoin ETF. ARK Invest and asset manager VanEck filed proposals with the Securities and Exchange Commission (SEC) for Ethereum ETFs that would trade on CBOE Global…
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Financial markets are watching closely as Federal Reserve Chairman Jerome Powell prepares to speak at the annual Jackson Hole meeting this Friday. A vital calendar event for central bankers and market watchers, the meeting will offer a platform for discussing changes in monetary policies and economic directions, among other topics. In the lead-up to Powell’s…
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One of today’s biggest crypto news stories comes from Binance, the world’s largest cryptocurrency exchange by trading volume. On August 22, Binance announced the gradual launch of a new copy trading feature on its futures platform which went live at 6:45 AM UTC. In light of this development, what are the best cryptos to buy…
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Major cryptocurrencies are trading with a modestly positive bias on Monday, with the likes of Bitcoin (BTC) up close to 1% in the last 24 hours, and Ether (ETH) slightly in the green, with both still stuck within recent ranges. Volatility levels remain stuck at historic lows, with Bitcoin just above $29,500 and Ether still…
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Cryptocurrencies that boast a strong artificial intelligence (AI)-linked use case, such as Render Network (RNDR), SingularityNET (AGIX) and Fetch.ai (FET) have seen a pump on Wednesday amid positive AI news. Twitter, Tesla and SpaceX CEO Elon Musk announced on Wednesday that he had launched a new generative AI start-up called xAI…. Read More: AI Coins…
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The cryptocurrency industry is in turmoil, with Coinbase and Binance experiencing a massive outflow of over $4 billion in recent days. This is due to the allegations by the SEC of federal securities law violations, leading to a significant number of users leaving these exchanges. Given these circumstances, how might this impact the selection of…
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The minutes from the Federal Reserve’s early May meeting reveal a lack of consensus regarding future interest rate changes, bringing an air of uncertainty to markets today. Officials expressed indecision about whether to continue raising rates or maintain the status quo. In light of this uncertain macroeconomic backdrop, what are the best cryptos to buy…
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With the crypto markets seeing less trading volume, Bitcoin’s price fluctuations have mellowed lately. However, on-chain data shows that long-term Bitcoin holders are continuing to hold on to their positions. As a result, Bitcoin is presently trading within a tight price range. Given this, what are the best cryptos to buy now? Typically a very volatile…
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