AI, Big Data, $200M in Political Donations, and More: News of October 22, 2024
On October 21, spot BTC ETFs experienced a net inflow of $294.3M, up from $273.7M the previous session. Meanwhile, ETH ETFs saw a net outflow of -$20.8M, contrasting with the previous inflow of $1.9M, according to Farside data.
AI and Big Data Projects Leading in Developer Activity: Santiment Reports
Recent data from Santiment reveals that projects focused on artificial intelligence (AI) and Big Data are showing the highest levels of developer activity, further highlighting the growing synergy between blockchain technology and cutting-edge AI advancements.
U.S. Presidential Elections See Nearly $200M in Crypto Donations: CNBC
Cryptocurrency donations for the 2024 U.S. Presidential elections have reached nearly $200 million, marking a significant shift in political fundraising. With increasing adoption of digital currencies, candidates are looking to tap into the crypto community's support, CNBC reports.
PumpFun Hits $78M in SOL Fee Revenue
PumpFun, the popular meme platform built on Solana, has generated $78 million in SOL fees so far, reflecting its booming user engagement and the growing popularity of Solana's ecosystem.
MetaMask Partners with Space ID to Simplify Crypto Transactions
MetaMask has partnered with digital identity provider Space ID, aiming to streamline user experience and enhance crypto transaction security. According to The Block, this partnership reflects the growing focus on digital identity solutions within the crypto space.
Michael Saylor on BTC’s Growth Potential: $13M BTC in 21 Years?
Michael Saylor, founder of Microstrategy, emphasized that the main driver of Bitcoin’s growth is institutional adoption. He predicts that BTC could see an average annual growth rate of 29% over the next 21 years, potentially reaching a staggering $13 million per Bitcoin. Saylor's bullish outlook is shared by many Microstrategy shareholders who remain optimistic about BTC's long-term trajectory.
Top Gainers: MEW, BEAM, JUP, TIA, WBTHave a nice trading week, traders!
