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Cardano Founder Charles Hoskinson Speaks Up on Which is the Best Blockchain for AI

Artificial intelligence has been one of the hottest topics in the cryptocurrency industry (and well beyond it) for more than a year now, and many teams are looking for ways to leverage their tech stack and build off of AI. Charles Hoskinson, the founder of Cardano, recently took to X to share his thoughts on which network might be the best for AI-based applications. Under the hood, Algorand’s tech combined with a useful proof of work turned to AI interface would make it the...

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AAVE Outperforms All Cryptos by Market Value in the Past Four Weeks

AAVE outshined every crypto in the market, rising by 48% in the past month. New proposals brought to the protocol by its governance participants have kicked off the token’s rally. DeFi protocol Aave’s native token AAVE has caught the industry off guard, outperforming every top 100 crypto asset in the past four weeks. Its price has risen by over 48%. To put how impressive that is into perspective, the runner-up–Helium’s HNT–token has witnessed a price increase of 21%. AAVE’s price at the time...

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Super Bullish Ripple (XRP) Price Prediction, But Some Worrying Signs Appear

The cryptocurrency market exploded in the past 24 hours. Almost all of the cryptocurrencies are trading in the green, and Ripple’s XRP is no exception. Now, a popular analyst has come up with a rather bullish price prediction, but some other metrics are also worth watching. Ripple (XRP) Price Can Go Crazy According to DustyBC, a well-known analyst with over 150,000 followers on X and across other channels, the XRP price could go “crazy.” His chart, although rather simple,...

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Bitcoin Demand Still Weak, But Stablecoin Liquidity is Increasing: CryptoQuant

Historical on-chain data shows that high bitcoin (BTC) demand often precedes price recoveries and rallies; however, this is not the case at the moment. Current market dynamics suggest that such price movements are unlikely in the near term because BTC demand growth has remained at low levels. A recent report from CryptoQuant revealed that bitcoin demand has slowed significantly since early April, when the crypto asset hovered around $70,000. This is seen in the slow daily...

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Bitcoin Exploded to $65K While Solana and Shiba Inu Gained 6% Daily (Weekend Watch)

Bitcoin’s positive price actions on Friday evening continued in the past 12 hours or so and the asset touched $65,000 for the first time since August 3. Several altcoins have produced impressive gains as well within the same timeframe, with SATS surging by 25%, followed by FET (19%), and SUI (15%). BTC on the $65K Road The end of this business week was quite different than the previous one when BTC slumped to $56,000 on Thursday but managed to recover some ground on Friday...

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We Asked ChatGPT if Tron (TRX) Can Hit an ATH This Year

TL;DR TRX surged to over $0.16 earlier this week, becoming the 11th largest cryptocurrency, likely boosted by activity from the SunPump protocol. The token’s price is gradually approaching its all-time high, with further growth dependent on market conditions and potential partnerships. TRX’s Impressive Rally TRX – the native token of Tron – has been among the top-performing cryptocurrencies lately. Earlier this week, its price exceeded $0.16 for the first time since April...

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Malaysian Authorities Are Destroying Bitcoin Mining Rigs, Here’s Why (Report)

The Malaysian police are destroying Bitcoin mining rigs as part of a broader crackdown on crypto miners who steal electricity for their operations. A report from local media, Malaysia Gazette, disclosed that the police headquarters in the Perak District crushed 985 mining rigs worth RM1.98 million ($452,500) earlier this week. A video on the platform’s X account showed the machines being crushed with a steamroller with local officials present. Malaysian Authorities Destroy...

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