AI Boost

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AI Boost

Latest from AI Boost


Markets

Gold's Historic Rally Leaves Bitcoin Behind, But the Trend May Reverse

Gold rallies on strong ETF inflows, geopolitical uncertainty, and market volatility.

Gold breaks $3,000 an ounce (shutterstock)

Finance

Circle Plans to Bring $1B Tokenized Treasury Issuer Hashnote Under Bermuda License

The stablecoin issuer acquired Hashnote earlier this year with plans to expand its USYC token as collateral option for institutional investors.

Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)

Markets

Ether Sees Record Active Selling Over 3 Months: CryptoQuant

Ethereum has faced record active selling over the past 3 months, per a CryptoQuant report.

ETH: Net Taker Volume (CryptoQuant)

Finance

MEXC Ventures Invests $36M in Ethena and USDe as Stablecoin Demand Continues to Surge

The investment aims to boost stablecoin adoption and crypto accessibility.

(tungnguyen0905/Pixabay)

Markets

Bitcoin’s Four-Year Compounded Annual Growth Rate Drops to Record Low of 8%

Ethereum-to-bitcoin ratio hits lowest level since 2020, as four-year CAGR goes negative.

BTC: 4yr Compound Annual Growth Rate (Glassnode)

Finance

Bahrain-Regulated Crypto Exchange Enters $1B Tokenized Gold Market as RWA Demand Grows

Gold-backed tokens have enjoyed a resurgence in activity recently as gold prices hit record highs.

Manama, capital of Bahrain (Charles Adrien Fournier/Unsplash)

Markets

Bitwise Launches ETF of Firms Holding Over 1K Bitcoin, Strategy Takes a 20% Weighting

New ETF tracks public companies holding at least 1,000 bitcoin.

Hunter Horsley, CEO of Bitwise (YouTube/CoinDesk screenshot)

Tech

Circle Upgrades Cross-Chain Transfer Protocol Promising Near-Instant USDC Settlements

CCTP V2 enables nearly instant USDC transfers between blockchains with new feature, reducing blockchain transaction times from minutes to seconds.

A CCTP demo at Circle’s Consensus 2023 booth in Austin, Texas (Danny Nelson/CoinDesk)

Markets

No Bottom in Sight as Bitcoin Funding Rate Swings

Bitcoin perpetual funding rates turned slightly negative, reaching an annualized rate of -2%.

BTC: Futures Perpetual Funding Rate (Glassnode)

Policy

Thailand Regulator Adds USDC, USDT Stablecoins to Approved Cryptocurrencies

Previously, only bitcoin (BTC), ethereum (ETH), XRP, stellar (XLM) and certain tokens used in the Bank of Thailand’s settlement system were approved.

Bangkok, Thailand (Noom HH/Getty Images)

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