Author: finance

Stepping into the realm of cryptocurrency technology, an evolution has been observed where the integration of artificial intelligence (AI) has gained commendable momentum. Several projects within this domain are aligning their fundamentals with AI technology, thereby creating a new wave of investment opportunities. The central principle of the cryptocurrency industry—decentralization—has sparked numerous innovative projects that strike a balance between blockchain and AI technologies. The renowned Binance Research, in its report “Fundamentals of Decentralized AI” for February 2025, has spotlighted key initiatives for investors who are in search of decentralized AI projects. The basis for this selection includes a solid technological…

Immerse yourself in the advancement of the Avalanche (AVAX) ecosystem, pioneered by the Avalanche Foundation, hand-in-hand with Rain, a noted financial technology (Fintech) company. They have unveiled the innovative Avalanche Card, a revolutionary initiative in the crypto world, as reported to Finbold earlier this week. A Penchant for Crypto-Friendly Shopping with the Avalanche Card The Avalanche Card is both a physical and digital mode of payment, designed to bring your cryptocurrency holdings into the mainstream marketplace. By enabling transactions anywhere Visa is accepted, it blurs the boundaries between digital currency and conventional payment modes. As it stands, the card is…

As we delve into the candidature announcement of Pro-Bitcoin Congressman Byron Donalds for the Florida governorship, we uncover his vision to transform the Sunshine State into a global financial hub, with potential plans to incorporate cryptocurrency into the state’s official portfolio. This announcement made live on Fox News’ Hannity reinforces the growing interest in cryptocurrencies within the institutional sphere. Florida Gubernatorial Candidate Embraces Cryptocurrency Byron Donalds has been clear about his comprehensive platform aimed at reducing Florida’s insurance costs, bolstering the state’s education standards, and enhancing environmental protections. However, the highlight of his announcement was his active interest in the…

The artificial intelligence (AI) data platform Pundi AI is pushing boundaries to boost data accessibility and decentralization. This is being achieved through a strategic alliance with partners Monad, T+ Wallet, and Numbers Protocol, as per the details shared with Finbold on Tuesday, February 25. The joint effort is expected to lead to significant enhancements to Pundi AI’s tools, which in turn would contribute to the expansion of its user base and the evolution of AI data capture and leverage. Developing a Decentralized AI Ecosystem Pundi AI’s main objective is to establish a decentralized AI ecosystem. To this end, the company…

The renowned business intelligence company previously known as MicroStrategy, now operating as Strategy, is currently enduring a turbulent period. Following a November zenith of $475, the entity’s stocks have plummeted more than 55%, sparking scepticism about the future feasibility of their innovative Bitcoin-focused business model. With Bitcoin’s recent volatility, culminating in a 9% drop to a low of $86,000, the sustainability of Strategy’s approach comes under scrutiny. Strategy and Unfavorable Market Circumstances The business design of Strategy is pivoted on an audacious plan that transformed the firm from a standard software company to a dominant player in the Bitcoin market.…

The world of cryptocurrency experienced a significant turbulence on the 25th of February, with a drastic decline in market value wiping hundreds of millions of dollars off the board. For the first time since November, Bitcoin (BTC) plummeted below $89,000 and Ethereum (ETH) dipped under $2,400, a low not seen since October. Not escaping the wrath of this market turmoil is the renowned XRP token, known for Ripple Labs’ ongoing legal tussle with the SEC. Over the last seven days, XRP has plunged by a staggering 18.50%, descending to an unsettling price of $2.11. Could XRP be on the brink…

Fetch.ai Inc., a pioneer constituent of the Artificial Superintelligence (ASI) Alliance, has taken a bold step towards promoting autonomous agent workflow with the release of ASI-1 Mini, the premier Web3-native large language model (LLM). This innovation, unveiled on Tuesday, February 25, carves an exciting path for the ASI:<Train/> initiative. Its mission is to provide widespread access to crucial artificial intelligence (AI) technologies and offer users the chance to invest in, train, and establish ownership over their self-created models. This groundbreaking model thrives on the power of the FET token and the integration of the ASI wallet. Fetch.ai’s new innovation sets…

The digital asset market has been turbulent recently, but investors’ faith in Ethereum, the second-largest cryptocurrency, seems to be solidifying. Key indicators point to considerable accumulation of Ethereum, highlighting its role as a standout performer in this cycle. Is A Shift in Market Dynamics Underway Despite Ethereum’s CBD Dip? Despite enduring a struggle to reclaim key resistance levels, Ethereum is experiencing a shift in its market dynamics. Glassnode, a reputable on-chain data analytics and financial platform, has reported a declining trend in Ethereum’s Cost Basis Distribution (CBD). Typically, a dip in cost basis distribution hints at a significant alteration in…

Let’s delve into recent news from the world of decentralized finance (DeFi). Finances Zippy, a prominent name in the cryptocurrency domain, brings you up to speed with the latest updates on Uniswap Labs. Previously under ongoing scrutiny by the U.S Securities and Exchange Commission (SEC), the company has just received a green signal from the regulatory body, indicating the closure of its investigation. In this piece, we’ll explore all the details of this intriguing development. Taking a Breather: Uniswap Labs and the SEC Decision The spotlight landed on Uniswap Labs back in April when the SEC issued a Wells Notice,…

Cryptocurrencies, in particular Ethereum (ETH), have experienced a significant decline in value in the past 24 hours, with ETH dropping around 10%. This slump from $2,721 to $2,313 has set the alarm bells ringing, with crypto analysts highlighting the importance of the $2,300 support level. If ETH fails to retain this level, it could potentially lead to further losses. Waves of Decline Hit Ethereum Amidst General Crypto Market Downslide The entire digital currency domain experienced a blow recently, with a near 10% fall. Approximately $300 billion of the total market cap was wiped out in this market turbulence. Amidst this…