Cryptocurrencies are digital tokens — not coins or cash — but digital money that allow people to
make payments directly to each other through an online system set up to allow
peer-to-peer transactions without needing a bank.
Block Matra is privileged enough to work with the best and brightest in cryptocurrency, blockchain and Bitcoin and bring to you some crypto news today:
- Robinhood Markets Inc. agreed to buy the artificial-intelligence research platform Pluto Capital Inc. to bring more tailored investment strategies and analysis to the retail brokerage’s users.
- The U.S. Treasury Department finalized a rule on Friday requiring cryptocurrency brokers, including exchanges and payment processors, to report new information on users’ sales and exchanges of digital assets to the Internal Revenue Service.
- Stablecoin issuer Tether has minted another 1 billion USDT tokens on the Tron network, bringing the total USDT minted in the last year to $33 billion.
- Cryptocurrencies’ accessibility across all income brackets was also very evident in a survey, which found a minimal gap among high-income, mid-income, and low-income crypto investors. Notably, even individuals earning less than Rs 5 lakh annually invest in cryptocurrencies, highlighting their increasing accessibility and adoption across income brackets
- According to data provided by CoinMarketCap, XRP is up 6.16% over the past 24 hours. This makes it the second best-performing in the top 100 (behind only Aave’s AAVE token). Neo (NEO), Tron (TRX), and Sui (SUI) have also recorded impressive gains
- In another crypto news today, the meme coin market has witnessed some significant moves on the Asian market. In a notable twist, Pepe Coin (PEPE) has made the list of South Korea’s largest cryptocurrency exchange, Upbit. The exchange announced the addition of USDT trading pairs for two meme coins.
- WienerAI (WAI) is a new meme coin that has become an instant sensation. WAI’s allure lies in its AI superpowers, which radically set it apart from the crowd of hollow meme coins. Both AI cryptos and meme coins are hot this year, hinting at a turbocharged price action for $WAI on its initial exchange launch.
- The world’s first AI trading bot designed to revolutionize the financial markets is now available. Nexus AI combines cutting-edge AI algorithms with advanced quantum computing capabilities to deliver unparalleled speed, accuracy, and profitability.
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