Author: coindesk-wp-admin

A recent study by a team of researchers from Europe and Asia explored the possibility of predicting positive outcomes in crypto market trading using emoji sentiment on social media. The researchers discovered a correlation between emojis associated with positive sentiment and subsequent positive market movements, suggesting that optimistic social media discourse can act as a barometer for market sentiment. In a recent research, the team said they turned to X to analyze social media posts related to cryptocurrencies and featuring emojis. They utilized GPT-4, the underlying artificial intelligence system powering ChatGPT, to parse large datasets of cryptocurrency posts and determine sentiment…

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Airdrops have become a popular way for those involved in digital currencies to receive extra tokens, essentially free money, just for being part of a cryptocurrency community. They work by distributing new tokens directly into the wallets of active participants as a reward or promotional boost, without any cost to the recipients. Let’s dive into the top five airdrops happening right now that you won’t want to miss. 5 – Marinade       Marinade is a liquid staking protocol on Solana. Liquid staking is a service where users can lock up tokens and take advantage of already-staked tokens to participate in…

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Ethereum layer-2 scaling protocol Starknet launched an airdrop of its native network token STRK today. According to an X post, over 140 million tokens have been claimed so far by around 128,000 users at the time of writing. The Starknet Airdrop More than 45 million STRK tokens were claimed within the first 90 minutes of the airdrop launch. STRK began trading on several exchanges as well. The token briefly reached $7 on Binance and surpassed $5 on KuCoin within hours of its initial launch. The STRK price is currently at $2.01, according to data from CoinMarketCap, with the token’s market capitalization valued…

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The Stellar Development Foundation (SDF) has announced the successful deployment of smart contracts on the network, a development they believe will revolutionize their tech stack. In a Tuesday blog post, the SDF revealed that the Stellar (XLM) network validators had successfully implemented the “Protocol 20” upgrade, enabling the activation of smart contracts and initiating the phased rollout of their smart contract platform, Soroban. “Stellar network validators voted to upgrade Mainnet to Protocol 20, kicking off a new era for the Stellar smart contracts tech stack, which delivers a secure, batteries-included developer experience built to scale and for real-world use,” the announcement read. Smart…

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Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ MEXC Listings: FACT0RN (FACT) Trestle (TRESTLE) Rain Coin (RAINCOIN) ApeDoge (APEDOGE) Meme AI (MEMEAI) Unigraph (GRPH) XPAYMENT (PAY) SEIYAN (SEIYAN) Loong (LOONG) Starknet (STRK) BambooBounty (PAN) Forward Protocol (FORWARD) Eldarune (ELDA) Lynex (LYNX) Tanpin.io (TANPIN) Terivto Protocol (TRV) MeMusic (MMT) Crystal Diamond (CLD) MOG Coin (MOG) MAGA (MAGA) Pixels (PIXEL) SoundProtocol (SOP) Sora AI (SORA) Key Stake (KTK) Nuson…

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Markets are facing slight bear activity as seen from the global market cap’s drop as majority of tokens correct from yesterday’s pump. The total cap stood at $1.97T as of press time representing a 0.09% drop in the last 24 hours. Bitcoin Price Review Analysing charts, we see the price is currently above the SuperTrend line, indicating a bullish trend. The Relative Strength Index (RSI) is around 54, which is neutral. This means that the market is not showing signs of being overbought or oversold. The Bitcoin price has been in an uptrend, as evidenced by the higher lows…

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As Presidents’ Day is celebrated in the United States, it prompts speculation about whether previous leaders of the country would have been interested in Bitcoin (BTC). While the current President Joe Biden and his predecessor Donald Trump have shown skepticism towards cryptocurrency, there are historians who believe that some former presidents may have embraced it. Luke Nichter, a presidential history expert from Chapman University, identified three names from earlier eras who could have been open to Bitcoin. Three US Presidents Most Likely Bought Bitcoin Nichter clarified that he doesn’t believe any US president would have recognized Bitcoin as an official currency, as introducing…

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Galaxy Asset Management’s global head Steve Kurz expects top wirehouses to increase their involvement in spot Bitcoin (BTC) ETFs within the next year. “I’d be surprised in the next year if the top 10 wirehouses are not involved in this… We will probably see institutional FOMO,” he told FOX Business on February 19 during the Exchange ETF Conference in Miami Beach, Florida. The statement came as companies offering spot Bitcoin ETFs have been inundated with queries from financial advisers during the event. Some Advisors Are Banned From Recommending Bitcoin ETFs The report noted that some advisers are currently prohibited from recommending spot Bitcoin ETFs…

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A Virginia Senate Committee has put forward a recommendation for an annual combined fund allocation of $39,240 to support two recently established commissions focused on artificial intelligence (AI) and cryptocurrency. The proposal, presented by a Subcommittee of Virginia’s Senate Finance and Appropriations Committee on February 18, allocated over $23.6 million to various legislative departments. Among these allocations, the Blockchain and Cryptocurrency Commission (SB 439) and the Artificial Intelligence Commission (SB 487) received proposed funding amounts for the years 2025 and 2026. Blockchain and Crypto Commission to Get $17,000 The Blockchain and Cryptocurrency Commission, formed in January 2024, is set to receive a…

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Asian family offices are gearing up for higher investments in cryptocurrencies, as Bitcoin extends an uptrend streak. DealStreetAsia reported on Monday that wealth managers found offices that are already invested in crypto intend to dive even deeper. Revo Digital Family Office’s Zane Kwan told the outlet about growing curiosity among previously hesitant investors. These people are now exploring how crypto allocations could mitigate portfolio risk or boost returns. Family office crypto exposures wouldn’t be limited to direct investments. They would extend to diverse channels like crypto funds, structured products, and even private equity ventures. Seeking Alpha with Crypto Hedge Fund Exposure With…

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