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The Ethereum co-founder argued that AI could help solve the blockchain network "biggest technical risk."
Digital-asset investment products witnessed record inflows last week, adding nearly $2.5 billion globally.Assets under management at the funds are now back to December 2021 levels.
Chain development kits (CDKs) are expanding the universe of possibilities open to developers on the Ethereum network.
The project’s growth coincides with the launch of Sora, a text-to-video tool enabling users to create video clips from text prompts.
Increased inflows into bitcoin ETFs could, in the long term, pose a threat to gold’s position as a primary store-of-value, according to an analyst.The price of bitcoin has increased by almost 10% in the past week, according to The Block’s Price Page.
Quick Take AltLayer raised $14.4 million in a strategic round to expand its rollup infrastructure. The round was co-led by Polychain Capital and Hack VC, with participation from OKX Ventures, HashKey and others.
Check out why some popular analysts believe XRP is poised for a 250% rally during 2024.
MATIC and OP are among the top performers from the larger-cap alts.
Quick Take: The proposed revision to existing law, if enacted, could be a huge opportunity for Web3 startups in Japan, one local expert said.
While retail crypto traders want to get on the bullish bandwagon, the series of exchange bankruptcies in 2022 has taught them to be cautious.
- 04:49Citibank: October non-farm data will significantly slow down, market focus will not return to economic recessionThe Federal Reserve has not yet declared victory in the fight against inflation, but policymakers have shifted some attention to the maximum employment part of their dual mandate. Citi economist Veronica Clark said in a recent report, "October non-farm data will be an important confirmation or denial of stronger September data, but it may not be enough to shift market attention back to the risk of a US economic recession," However, October's data will reflect the ongoing impact of Boeing strikes and hurricanes. Clark estimates that these factors could reduce employment by 70-80 thousand. Citi's view on non-farm employment data is more moderate than generally expected, predicting an increase of 90 thousand people and a slight rise in unemployment rate to 4.23%. In addition, Citi stated that any downward adjustment to September's data could be more significant than usual.
- 04:47In the past 13 hours, a certain whale has withdrawn 5 million US dollars from CEX to bet on the US election in PolymarketAccording to Onchain Lens monitoring, in the past 13 hours, a certain whale has withdrawn $5 million from CEX and placed bets on Polymarket about who will win the US election. They bought shares of "YES" for Trump and "NO" for Harris. This whale traded in six markets and still holds $907,000 worth of USDC available for betting.
- 04:44Analyst: Bitcoin market warning, high leverage triggers a drop in volumeAccording to Crypto Hunter on X, after the author reminded investors not to be blindly optimistic in yesterday's market analysis, the Bitcoin (BTC) market quickly showed a trend of sharp decline. The current daily chart has formed a dusk star pattern, which is a typical top reversal signal. From the perspective of coin-based holdings, Bitcoin's holdings have not significantly decreased and the market leverage is still at a high level. The market currently lacks positive signals and it is not advisable to rush to buy at low prices. Effective market turning signals include significant improvements in macro liquidity, significant reductions in leverage rates, and noticeable weakening of sell orders.
