April 30, 2023

Bitget Betting Big on AI With $10M Investment in Fetch.ai Ecosystem

On April 27, Bitget announced it has pledged $10 million for the development of the Fetch.ai ecosystem. Bitget plans to provide a range of services to Fetch.ai, including marketing consultations and strategic directions. Fetch.ai provides a service automation infrastructure that is powered by an AI agent network. These autonomous agents perform various tasks, including data...
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Avalanche Transactions Mooned During USDC’s Temporary De-Peg in Q1 2023: Nansen

In Avalanche’s fourth-quarter report shared with CryptoPotato, data and analytics platform Nansen reported a heavily volatile daily transaction count on the Avalanche C-Chain. The Avalanche C-Chain is essentially short for contract chain – which is the default smart contract blockchain on Avalanche. It allows the creation of any Ethereum-compatible smart contracts and runs complementary to...
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UK Treasury Will Consult on DeFi Taxation: Report

The United Kingdom is gearing up for tax treatment of lending and borrowing on decentralized finance (DeFi) protocols. The country’s taxation division – HM Revenue and Customs – released a consultation document seeking views on modifying the tax treatment of DeFi lending and staking. The final decision on whether to proceed with legislative changes will...
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Core Market Makers Begin Longing Bitcoin and Ethereum At Current Levels According To Avorak AI

According to Avorak AI reports, core market makers are showing bullish sentiment towards Bitcoin and Ethereum, with many beginning to go long at current price levels. This indicates a growing confidence in the future of these two cryptocurrencies, despite recent market volatility. Bitcoin and Ethereum are the most widely traded cryptocurrencies, and positive market sentiment...
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Mastercard Teams Up With Aptos, Polygon, Avalanche, Solana to Strengthen Web3 Foothold

US payment giant Mastercard has dispatched a new Web3 solution that seeks to bring more trust to blockchain transactions. Dubbed ‘Mastercard Crypto Credential,’ the offering will establish a set of common standards and infrastructure that will “help attest to trusted interactions among consumers and businesses using blockchain networks.” Mastercard Crypto Credential In a blog post...
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Analysts Think that DigiToads (TOADS) Binance Coin (BNB) and Bitcoin Cash (BCH)  Could be the Best Investments of 2023

The world of cryptocurrencies is continuously expanding, and as investors seek out the best altcoins to boost their portfolios, analysts predict that DigiToads (TOADS), Binance Coin (BNB), and Bitcoin Cash (BCH) may emerge as the top investments in 2023. These cryptocurrencies have unique features that cater to different market needs, making them attractive investment opportunities...
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Capitulation? NFT Trading Volumes and Prices Plummet in the Last 30 Days

The past 30 days have seen a decline in trading volumes and prices of most non-fungible token (NFT) projects, likely due to the prolonged bear market of 2022 and the first quarter of 2023. According to data from blockchain analytics firm IntoTheBlock, only six of the top 20 NFT collections by market capitalization recorded increased...
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Ojamu Announces “Alphie” Launch – AI-driven Smart Tool for the Blockchain Industry Integrated with ChatGPT

[PRESS RELEASE – Singapore, Singapore, April 28th, 2023] “Alphie” bot currently specializes in the hot ZK & Optimistic Rollup sectors, with more to come Ojamu, the AI & Blockchain-powered intelligence platform geared towards providing insights into the blockchain & Web3 economy, announced its latest product today, with the launch of its ChatGPT integrated bot “Alphie”,...
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