Author: AltCoinDrops.com
TrustStrategy, a fintech company that uses AI for digital asset management, has released its mobile app in the market for quant trading and algorithmic trading for crypto investors globally. Available for iOS and Android, the TrustStrategy app offers autotrade functionality, allowing users to access advanced AI strategies 24/7 to optimize their portfolios in the fast-paced crypto space. With over 9 million registered users in more than 100 countries, TrustStrategy is democratizing sophisticated investment tools for both new and experienced traders.According to TrustStrategy’s latest insights, algorithmic trading now accounts for more than 60% of the liquidity on major crypto exchanges, with…
Ethereum price retraced sharply as surging liquidations, whale selling, and a shift in market sentiment pushed the crypto market into fear territory. Summary Ethereum dropped below $4,200, down 6.8% in 24 hours, with volume surging 124% to $32.5B. Derivatives activity spiked, but open interest fell as $495M in positions were liquidated. Technicals show ETH testing support near $4,160, with resistance at $4,400–$4,500. As of this writing, Ethereum is down 6.8% over the past day, trading at $4,173. With a 7-day range of $4,206 to $4,659, the asset has lost 10% over the last week and 12% over the last 30…
In brief The UAE Ministry of Finance signed the Multilateral Competent Authority Agreement under CARF on Sunday, following its November 2024 announcement. Implementation begins in 2027, with the first international tax information exchanges expected in 2028. An eight-week public consultation launched on September 15 invites all crypto stakeholders to weigh in on potential impacts and compliance requirements. The United Arab Emirates has committed to automatic crypto tax reporting with global authorities, launching an industry consultation to hammer out implementation details before the 2027 rollout.The nation signed the Multilateral Competent Authority Agreement on the Automatic Exchange of Information under the Crypto-Asset…
Something new is bubbling up where artificial intelligence and blockchain collide – AI computing tokens. Forget thinking of them as just another cryptocurrency to trade. These digital assets are the actual fuel for a new kind of decentralized AI. A close look at frontrunners like Bittensor (TAO), Render (RNDR), and Akash Network (AKT) shows a tectonic shift in how we buy and sell computing power, putting them in a class of their own. Far from traditional AI stocks or other crypto assets. At their heart, these tokens are the local currency for online platforms that let anyone rent out their…
Big Tech companies are on course to be shut out of a new European Union market for financial data, despite warnings from Donald Trump that he will penalize countries that “discriminate” against US firms with higher tariffs. With Germany’s backing, EU negotiators are steering toward rules that would bar Meta, Apple, Google and Amazon from accessing a system meant to let third parties share bank and insurance data to build consumer finance tools. A move to block the US platforms from the Financial Data Access (FiDA) framework would mark a win for Europe’s banks as they try to fend off…
While tokens like XRP dominate headlines amid rising ETF approval speculations, the Cardano price is also gaining attention as market conditions slowly recover from bearish trends. New data from Changelly, a crypto exchange, has suggested that Cardano could be gearing up for a massive breakout. The big question now is whether the cryptocurrency has the momentum to reach a $100 milestone. Why A $100 Cardano Price Remains A Distant Goal Cardano’s price action has generated significant interest in recent months, as analysts from Changelly attempt to project its next big move. According to their forecasts, ADA remains a relatively low-priced…
Kalshi is pulling ahead in the prediction market race, capturing a dominant share of trading volume even as competitors like Polymarket push into regulated U.S. territory.From Sept. 11 to 17, Kalshi accounted for 62% of total volume in the on-chain prediction market sector, according to data from Dune Analytics, while Polymarket’s stood at 37%. The former’s weekly trading pace topped $500 million, with an average open interest of around $189 million.Prediction market volumes (Dune) Its volume is beyond that of Polymarket, which stood at $430 million, and its average open interest of $164 million, which implies “sticker positions on Polymarket…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. When people talk about web3 gaming, they usually think of tokens, economies, and speculation. But that’s missing the point. As many have pointed out, web3’s real magic for gaming is in going beyond play-to-earn. It’s about cryptography enabling fairness in ways web2 can’t. Web3 redefines what “fair play” means. Summary Vibecoding experiments show ZK’s potential — early tests with blackjack and slots revealed that while standard ZK proofs were slow, optimistic verification made real-time, provably fair gameplay…
Coinbase CEO Brian Armstrong has teased the idea of creating a full crypto-focused super app. According to Armstrong, the long-standing vision of the company still remains to replace traditional banks, and it will move a step closer to achieving this goal through the development. Speaking at a recent interview with Fox Business, Armstrong confirmed that the company has plans to offer a full range of financial services to its clients. These services will include payments, credit cards, and rewards, with all the services powered by crypto rails. “Yes, we do want to become a super app and provide all types…
FTX’s bankruptcy estate is set to release $1.6 billion of funds to creditors at the end of the month, marking the third major payout following the crypto exchange’s implosion nearly three years ago.The FTX Recovery Trust, which oversees the bankruptcy process, announced on Friday that payments will begin on September 30 for creditors who have completed verification steps on the FTX claims portal. Funds will be routed through service providers BitGo, Kraken or Payoneer and are expected to land in accounts within three business days.U.S. customer claims will receive 40% in the latest round, bringing their total recovery so far…