Top 5 AI & Big Data Tokens by Market Capitalization In June 2022

Advanced analytics and information streamlining underpin the field of computer science known as artificial intelligence (AI). By 2025, the worldwide AI market will be worth $390. 9 billion. This results from AI’s broad potential for use, even in the Robotics field, as we’ve reported earlier.

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Crypto AuM at lowest point as investors buy the Bitcoin dip

Crypto investment products saw $39 million in outflows during the week of June 13, bringing the value of assets under management (AuM) in the industry to $36 billion — its lowest point since February 2021, CoinShares reported.

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Twitter board asks shareholders to approve Elon Musk’s $44 billion bid

Twitter’s board unanimously recommends that shareholders vote for Elon Musk’s $44 billion bid to take over the social media company, a June 21 SEC filing shows. The post Twitter board asks shareholders to approve Elon Musk’s $44 billion bid appeared first on CryptoSlate.

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Bitcoin investors see record realized loss of $7B amid downturn

Bitcoin hodlers lost over $7 billion to the market crash between June 16 to June 18 as investors scrambled to sell coins they bought for higher prices, according to a Glassnode report. The post Bitcoin investors see record realized loss of $7B amid downturn appeared first on CryptoSlate.

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DOGE, Shiba Inu, and LINK Price Analysis: 18 June

Cryptocurrency markets across the globe have crashed to a new low as of 18 June 2022. The market capitalization of global crypto fell below the $1 trillion mark to rest at $844.17 billion, at press tiThe post DOGE, Shiba Inu, and LINK Price Analysis: 18 June appeared first on AMBCrypto.

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The A to Z of ETH 2.0 deposit contract seeing new ATH amidst...

More than $1 billion worth of digital assets were liquidated on 16 June in the face of the crypto crash. Moreover, around $480 million was wiped out on centralized exchanges over the past 24 hours.

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Crypto Companies Downsizing During Bear Market, But Binance And Kraken on Hiring Spree

In June 2022, the cryptocurrency market dropped below the $1 trillion mark —$890 billion at the time of writing. This is the first time since January 2021 that the market… The post Crypto Companies Downsizing During Bear Market, But Binance And Kraken on Hiring Spree appeared first on CoinCentral.

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Tether aims to decrease commercial paper backing of USDT to zero

Tether expects to reduce USDT’s commercial paper backing to $8.4 billion by the end of June 2022 and eventually completely remove it.

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Top 5 Most Traded NFT Collections in June 2022

NFTs have grown over the years and are now a significant part of the General Cryptocurrency Sector. By 2027, the worldwide NFT market is projected to grow from $3 billion in 2022 to $13. 6 billion five years later.

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Last Week [in] Crypto: Recession Forces Hiring Rethink, Terra’s Community Remains Optimistic, US Citizens Lose Over $1 Billion in Crypto

Your weekly dose of all the leading stories in the cryptocurrency ecosystem compiled by Be[in]Crypto from May 30 to June 5. The post Last Week [in] Crypto: Recession Forces Hiring Rethink, Terra’s Community Remains Optimistic, US Citizens Lose Over $1 Billion in Crypto appeared first on BeInCrypto.

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Solana Blockchain Surpasses $2 Billion in All-Time NFT Sales

Solana surpassed $2 billion in all-time NFT sales volume in 2022. This makes Solana one of the biggest chains by NFT sales volume, as of June. The post Solana Blockchain Surpasses $2 Billion in All-Time NFT Sales appeared first on BeInCrypto.

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Top 3 NFT Marketplaces by Volume (June 2022)

NFTs have gained in popularity in recent years, with the market reaching a $40 billion valuation in 2021 and continuing to grow in 2022. This article will go over the top 3 NFT platforms in the sector by volume in June 2022 and explore the finest NFT marketplaces in depth.

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Cardano price prediction for June 2022: Will Ada soar to $1?

Cardano price has made a slow recovery in the past few weeks. ADA/USD has jumped by more than 50% from its lowest level in May this year. It is now trading at $0. 59, bringing its total market cap to about $19 billion.

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Will June 2022 be a good month to invest in cryptocurrencies?

May has been a rough month for the cryptocurrency market, and according to data from TradingView, the crypto market has lost approximately $500 billion in market value so far in May. Bitcoin’s value fell by more than half its value since its November 2021 peak, which caused the entire cryptocurrency market to collapse.

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Secretum: Riding Africa and Asia’s Crypto and Messaging Boom

When it comes to the growth of crypto adoption, Africa and Asia lead the world: Of the top 10 countries ranked by crypto adoption in 2021, six are in either Africa or Asia. A total of $105. 6 billion worth of crypto assets were traded in Africa between July 2020 and June 2021, a growth rate of 1,200% year-on-year.

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Crypto Market Tanks: Bitcoin Correlation with S&P 500 Reaches 2021 High & USD Longs at Highest Level since June 2019

In the past 24 hours, 417,654 traders were liquidated for $2.58 billion, with Binance leading at 28% of its share despite underreporting, and now, CME is leading Bitcoin OI at $3.72 bln. The post Crypto Market Tanks: Bitcoin Correlation with S&P 500 Reaches 2021 High & USD Longs at Highest Level since June 2019 first appeared on BitcoinExchangeGuide.

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Stablecoin Supply Grows at the Fastest Rate Since June, 6.55 Billion Added in First 10 Days of November

Stablecoin supply is back on the rise after staying mostly flat for some time. In the first five months of the year, as the crypto market rallied, the supply of stablecoins increased significantly.

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Africa Receives $100 Billion Bitcoin

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Remittance and Fiat Devaluation Drives 1200% Growth in Africa’s Crypto Market: Chainalysis Report

Africa, the smallest crypto-economy, which received $105.6 billion worth of cryptocurrency between July 2020 and June 2021, saw a growth of more than 1200% by value received in the last year. According to a report by Chainalysis, the region is seeing some of the highest grassroots adoption in the world, with Kenya, Nigeria, South Africa, […] The post Remittance and Fiat Devaluation Drives 1200% Growth in Africa’s Crypto Market: Chainalysis Report first appeared on BitcoinExchangeGuide.

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Hedera Hashgraph price forecast: break and retest expected

The Hedera Hashgraph price has continued to defy gravity. HBAR/USD jumped to an all-time high of $0. 5800, bringing its gains from June 22 to more than 320%. Its total market capitalization rose to more than $5 billion, making it the 33rd biggest cryptocurrency in the world.

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Fractions of the Original $4 Million Doge NFT to be Sold For Over $70 Billion

The NFT depicting the original Doge meme, which was sold for around $4 million in June, is slated to be fractionalized into ERC-20 Tokens. This would allow every Dogecoin advocate to own a piece of the digital art once it is auctioned off in pieces.

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Moore Cayman: Tether (USDT) Stablecoins Fully Collateralized

Moore Cayman has confirmed that the USDT stablecoins being issued by Tether are fully backed by the firm’s cash and cash equivalents. In an independent report released on August 10, 2021, auditing firm Moore Cayman, stated that Tether had a total of nearly $63 billion in assets as of June 30, 2021.  USDT Fully BackedRead More

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Tether Fully Backed with Reserves Also Held in Digital Tokens and Precious Metal: New Assurance Report

Tether Holdings Limited has released an assurance report by Moore Cayman on Monday for the period ending June 30, as per its continued commitment to transparency. As of writing, with a market cap of almost $63 billion, USDT accounts for 57% of the stablecoin market share.

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Chainalysis: Chinese sent $2.2 billion worth of cryptocurrency to fraudulent addresses

Chinese addresses sent more than $2.2 billion worth of cryptocurrency to addresses linked to illegal activities between April 2019 and June 2021, according to the latest report from analyst firm Chainalysis.

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MicroStrategy pledges to buy more BTC despite paper loss on its holdings of $424.8M in Q2

As of June 30, 2021 MicoStrategy held an approximated 105,085 BTC with a carrying value of $2.051 billion, at a total impairment loss of $689.6 million since acquisition of the digital asset.

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Bitcoin, XRP and Cardano Price Analysis: July 28

The latest jump in the crypto market came right after Tesla’s June quarter earnings revealed that it still holds $1.3 billion worth of Bitcoin. Bitcoin surged to reach the $40,000 level. XRP flashedThe post Bitcoin, XRP and Cardano Price Analysis: July 28 appeared first on AMBCrypto.

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Dogecoin price prediction: buy the dip or sell the rip?

The Dogecoin (DOGE/USD)  price declined for the third consecutive day as the overall crypto universe crashed. The coin declined to $0. 1650, which was the lowest level since June 22.   It has a market value of more than $21 billion, making it the eighth biggest cryptocurrency in the world.

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Cardano price prediction: ADA cruises below 200 EMA

The Cardano (ADA/USD) price declined sharply as wary investors exited their cryptocurrency investments. ADA declined for the second consecutive day and fell to the lowest level since June 22. The decline brought its total market capitalisation to more than $33 billion.

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Ethereum price prediction: towards a 40% dip to $1,000?

The Ethereum (ETH) price crashed to an important support as the cryptocurrency sell-off intensified. The coin is trading at $1,730, which was the lowest it has been since June 26. It has a market capitalisation of more than $201 billion, which is about 60% below its all-time high.

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DeFi Bounces to Outperform Shitcoin Index; Compound Kickstarting Round 2 of DeFi Summer?

Decentralized finance (DeFi) space is enjoying some greens again. The total market cap of DeFi is now recording a bounce at over $74. 4 billion, up from just under $61 billion in late June. However, it has a long way to go as on May 12; the peak was at almost $143.

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Finance Redefined: The $500 million bet on ETH 2.0 making waves! June 24-July 1

We don’t know the identity of the whale that’s deposited a half billion into Ethereum, but a look at the chain tells us a whole lot about them.

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Morgan Stanley’s Bitcoin Exposure Through Grayscale’s GBTC Is Worth Nearly a Million Dollars

Banking giant Morgan Stanley is already exposed to Bitcoin through the largest digital asset managed, Grayscale Investments, which has $29 billion in assets under management (AUM). According to a June 28 filing with the US SEC, the bank’s Morgan Stanley Europe Opportunity Fund Inc.

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Bitcoin, Ether, Major Altcoins – Weekly Market Update June 28, 2021

The total crypto market cap added $19 million from its value for the last seven days and now stands at $1,368 billion. The top 10 coins were all in red for the same time period with all of them posting double-digit losses.

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Bitcoin and Ether Market Update June 24, 2021

Total crypto market cap erased $14 billion from its value for the period since Monday and now stands at $1. 34 trillion. The top ten coins showed mixed results for the last 24 hours with ether Dogecoin (DOGE) adding 8.

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Bitcoin Cash, THETA, Filecoin Price Analysis: 23 June

The global crypto-market cap was $1.41 trillion at press time, having seen a hike of 4.3% over the last 24 hours. What's more, the total crypto-market volume had climbed to $135.89 billion over the saThe post Bitcoin Cash, THETA, Filecoin Price Analysis: 23 June appeared first on AMBCrypto.

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3iQ’s Public Bitcoin Fund (QBTC) Now Trading on Nasdaq Dubai 

Canada’s 3iQ public Bitcoin Fund has officially launched on the Nasdaq Dubai exchange, according to an official statement on June 23, 2021. 3iQ Live on Nasdaq Dubai  After several months in the pipeline, 3iQ, Canada’s largest digital asset investment fund manager with more than CAD 2.

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XRP, Cardano, Dogecoin Price Analysis: 22 June

Following Bitcoin’s freefall starting 21 June, the market's alts fell significantly and made lower lows. The total market capitalization came down by 16% at press time and stood at $685 billion.

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Hong Kong-based Amber Group hits a $1B valuation after fresh funding

Amber Group, a Hong Kong-based crypto financial services company has hit a valuation of $1. 00 billion (£0. 72 billion). A report unveiled this news on June 20, noting that the firm reached this milestone after securing $100.

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Bitcoin, Ether, Major Altcoins – Weekly Market Update June 21, 2021

 The total crypto market cap erased $309 billion from its value for the last seven days and now stands at $1,305 billion. The top 10 coins were all in red for the same time period with all of them posting double-digit losses.

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Ethereum, Solana, MATIC Price Analysis: 17 June

Total market capitalization rose by almost 3 percent within the last 24 hours after losing $108 billion between June 15 & 16. Ethereum gained some limelight after Goldman Sachs announced their plaThe post Ethereum, Solana, MATIC Price Analysis: 17 June appeared first on AMBCrypto.

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Bitcoin and Ether Market Update June 17, 2021

Total crypto market cap erased $64 billion from its value for the period since Monday and now stands at $1. 62 trillion. The top ten coins are all in red for the last 24 hours with ether (ETH) losing 2.

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Bitcoin, Ether, Major Altcoins – Weekly Market Update June 14, 2021

The total crypto market cap added $17 billion to its value for the last seven days and now stands at $1,687 billion. The top 10 coins were mostly in red for the same time period with some of them posting double-digit losses.

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DeFi locked funds up 5000% in a year

The value of funds locked in DeFi apps has risen over 5000% in 12 months from just over $1.1 billion in June 2020, to more than $60 billion today.

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Chainlink, Bitcoin Cash, Uniswap Price Analysis : 13 June

The last 24 hours had been significantly bearish for the market. The 24-hour trading volume fell by 15% to $79.1 billion. Bitcoin along with almost every other altcoin was trading in red including ChaThe post Chainlink, Bitcoin Cash, Uniswap Price Analysis : 13 June appeared first on AMBCrypto.

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Ethereum's $1.5B options expiry on June 25 will be a make-or-break moment

Bulls and bears are equally nervous about the possible outcome of the June 25 $1.5 billion Ethereum options expiry.

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Block.one Settles its Class Action Lawsuit for $27.5 Million

Block. one has made a $27. 5 million settlement to resolve the class-action lawsuit launched by the Crypto Assets Opportunity Fund. The lawsuit was related to the company’s token sale that took place between June 2017 and June 2018, in which it raised the biggest ever initial coin offering (ICO) funding of $4 billion and various subsequent […] The post Block.

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Bitcoin and Ether Market Update June 10, 2021

Total crypto market cap lost $30 billion to its value for the period since Monday and now stands at $1. 66 trillion. The top ten coins are all in green for the last 24 hours with Polkadot (DOT) leading the pack with a 10.

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Victory Capital with $157 Billion AUM to Enter the Cryptocurrency Market

NASDAQ-listed Victory Capital Holdings plans to delve into crypto, a press release on June 9 states. Victory Capital Strikes an Exclusive Agreement with Hashdex Victory Capital is a global asset management firm that’s diversified, managing over $157 billion, according to the latest financial statements in late April 2021.

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Polkadot, Uniswap, VeChain Price Analysis: 08 June

The market witnessed a significant dip on June 7 which took a toll on every coin. Bitcoin fell by 9. 75% and the total market capitalization dropped by 10. 46% and lost over $171 billion in 12 hours.

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