AI-themed cryptos rise; NFT lenders duke it out; US debt talks continue
Surge of interest in AI chipmaker Nvidia extends to crypto, Binance and Blur vie for top NFT lender spot, while uncertainty abounds over U.S. debt talks.
Surge of interest in AI chipmaker Nvidia extends to crypto, Binance and Blur vie for top NFT lender spot, while uncertainty abounds over U.S. debt talks.
Bitcoin and Ether fell during afternoon trading in Asia, along with all other top 10 non-stablecoin cryptocurrencies by market capitalization, excluding Polygon’s Matic token. Most Asian equities declined while most U.S. stock futures strengthened, despite Fitch Ratings placing America’s AAA rating on a negative watch, citing rising concerns that the government could default on its…
Analysts say the move could signal a bull run in cryptocurrencies.
All top 10 non-stablecoin cryptocurrencies fell, as investors assess macro sentiment.
Japan will introduce strict anti-money laundering rules on cryptocurrency transactions from June 1, the Southeast Asian nation’s cabinet decided on Tuesday.
Bitcoin dropped 2.33% to US$26,671. Ether lost 2.15% but traded above US$1,800.
Top 10 non-stablecoin cryptos traded mixed, while investors continue to assess U.S. debt talks.
Seychelles-headquartered cryptocurrency exchange Bitget announced on Tuesday that it successfully registered as a virtual asset service provider in Poland.
As U.S. regulators file lawsuits against cryptocurrency platforms, prompting some digital asset companies to seek more favorable jurisdictions, a fleet of cities in Asia are putting out the welcome mat, seeking to attract the jobs and investment that Web3 technologies promise. Right now, Hong Kong seems to be grabbing the limelight, but it has competition.
Bitcoin fell below US$27,000 on Sunday, dipping further Monday morning in Asia as wider macro developments continue to weigh.