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Tether Announces Expansion of Strategic Focus to AI | Cryptocurrency Trends

Aaron, Bitget Research
2024/03/27
Tether Announces Expansion of Strategic Focus to AI | Cryptocurrency Trends

1. Mainstream Exchange Trends:

  • The daily trading volume on Coinbase International Exchange surged to an all-time high of $6.23 billion in March. Coinbase's stock price surpassed $279, its highest since December 27, 2021.
  • OKX Web3 Wallet kicks off the Merlin Super Season, allowing users to earn rewards for exploring the Merlin ecosystem with the wallet.
  • Binance to add BONK, FLOKI, and other spot trading pairs and trading bot services.
  • BNB Chain partners with Binance Academy to launch a developer education program.
  • The HTX liquid restaking campaign adds another $20,000 worth of HTX rewards.
  • Bitget Wallet adds a Solana App section to its Quotes page.

2. Cryptocurrency Trends:

  • The London Stock Exchange will begin accepting applications for Bitcoin and Ethereum ETNs on April 8.
  • Part 1 of the Frax Finance Singularity Roadmap proposal is now open for community voting.
  • Bitcoin spot ETFs saw total net inflows of $15.7 million yesterday, breaking a five-day trend of net outflows.
  • Zeus to distribute airdrops to Jupiter voters and zuPoint and Dappie Gang NFT holders.
  • The SuperAI conference will be held on June 5–6 in Singapore, covering topics such as AI and Web3.
  • Tether announces the expansion of its strategic focus to AI.
  • BadgerDAO partners with Lido to launch eBTC, with Lido airdropping 15 stETH.

3. Financing Trends:

  • OKX Ventures makes a strategic investment in StakeStone, an omnichain liquidity infrastructure project.
  • MyPriz, a crypto gaming project, raises $13 million in a funding round led by Dragonfly and Boxcars.
  • Gunzilla Games, a crypto game developer, raises $30 million in a funding round led by CoinFund and others.
  • ALEX raises $10 million in a strategic funding round led by Spartan Capital.
  • 0G Labs, a Web3 infrastructure company, raises $30 million in a funding round led by Hack VC.
  • Reya, a XXX L2 developer, raises $10 million in a funding round with participation from Coinbase Ventures and others.

4. Regulatory Trends:

  • The U.S. SEC asks a judge to impose $2 billion in fines and penalties on Ripple Labs.
  • EU market regulator ESMA publishes its final report on MiCA regulatory measures.
  • Portugal's data regulator bans Worldcoin from collecting biometric data for 90 days.
  • The U.S. Attorney's Office indicts KuCoin and two of its founders.
Disclaimer: This content includes third-party opinions, and we do not guarantee its accuracy. Cryptocurrency prices are highly volatile, so please conduct your own research and make judgments accordingly.