The tokenization of United States treasuries is projected to hit $3 billion by the end of 2024, highlighting the advantages of asset tokenization and its increasing acceptance. To achieve this milestone, tokenized treasuries must nearly double in growth by the year's end. This growth is attributed to the rising trend of decentralized autonomous organizations (DAOs) diversifying their portfolios with tokenized US treasuries. Key players like Securitize and BlackRock are expected to drive the growth of tokenized treasuries to $3 billion. Notably, BlackRock's USD Institutional Digital Liquidity Fund has become the largest tokenized treasury fund, amassing over $528 million in market capitalization. Experts predict that tokenization could unlock a multi-trillion-dollar market opportunity, with tokenized illiquid assets reaching $16 trillion by 2030. Major firms like Goldman Sachs are already gearing up to introduce new tokenization products, signaling a growing interest in this transformative technology within various industries. Read more AI-generated news on: https://app.chaingpt.org/news

Kraken, a centralized cryptocurrency exchange, has recently announced a groundbreaking global partnership with Tottenham Hotspur football club. This collaboration marks Kraken as the first official crypto and Web3 partner, as well as the official sleeve partner for both the men's and women's teams of the club. The primary goal of this partnership is to enhance the fan experience and bridge the gap between fans and the world of cryptocurrency. Tottenham Hotspur's chief revenue officer, Ryan Norys, expressed the club's commitment to driving innovation through this partnership with Kraken, a recognized leader in the crypto industry. The collaboration signifies a growing trend of integrating crypto into the sports world, as seen with Cristiano Ronaldo's NFT collection with Binance. This partnership highlights the increasing intersection between the football industry and the crypto space, aiming to engage fans through innovative technologies like NFTs and cryptocurrencies. Read more AI-generated news on: https://app.chaingpt.org/news

Aethir, a decentralized cloud infrastructure provider, has experienced a significant increase in revenue, reaching $36 million in the past year with a 10% month-on-month growth rate. The demand for AI, cloud gaming, and edge computing power is fueling the expansion of their decentralized GPU network. Aethir offers GPU computing services at a lower cost compared to competitors like Amazon Web Services by utilizing existing GPUs with idle capacity in tier 3 and tier 4 data centers. The company has collaborated with various platforms for AI training and game development. Aethir's upcoming Aethir Network Protocol launch will further integrate their services with Ethereum and Arbitrum contracts. With a total supply of 42 billion ATH tokens valued at $0.0755 each, Aethir is poised for continued success in the crypto space. Read more AI-generated news on: https://app.chaingpt.org/news

Quantorex has swiftly gained traction in the global trading community, emerging as a leading online trading platform. Fueled by positive testimonials and success stories from various countries, Quantorex is more than just a platform—it has become a preferred destination for traders seeking profits. The platform's reliability and effectiveness have attracted a growing number of traders, drawn to its advanced features and user-friendly interface. Quantorex's popularity stems from its superior functionalities, user experiences, and unique advantages that appeal to traders aiming to maximize returns. With multilingual support and seamless operation across regulatory landscapes, Quantorex caters to an international audience. The platform's success is largely driven by word-of-mouth recommendations and endorsements, bolstered by its effective trading tools and security measures. Quantorex not only facilitates trading but also nurtures a supportive community for continuous learning and skill improvement. As a trusted name in online trading, Quantorex offers a pathway to financial success for traders worldwide. Read more AI-generated news on: https://app.chaingpt.org/news

The altcoin market has been on a downward trend for the past two weeks, but analysts suggest that a recent drawdown could signal a 'relative momentum bottom,' potentially leading to a significant surge. The Altseason indicator, despite the Top 200 Equal Weight Index trending down, indicates that the recent dip to 10% could be a turning point. This pattern has historically preceded a strong rally in altcoins. Additionally, the increase in daily active users across blockchains by 97% this year implies continued growth and potential for higher asset prices. While some indicators point towards a possible altcoin season, such as the Bitcoin dominance chart, which currently stands at 54%, it is still too early to confirm. Investors are advised to conduct their own research and exercise caution in their investment decisions. Read more AI-generated news on: https://app.chaingpt.org/news

Russia's Ministry of Finance has suggested permitting traditional exchanges to facilitate digital asset trading for specific investors. The proposal outlines the creation of special regulations for organized trading in digital currency on the basis of an exchange or trading system license. This would be limited to a select group of 'particularly qualified' investors without specified qualification criteria. The Russian Central Bank's register currently includes seven companies eligible for this, with the potential for more to join under suitable legal conditions. The government response also addresses crypto mining and settlements, including the development of an international crypto payment mechanism by 2022. Russia is exploring the legalization of stablecoin use for international payments and the advancement of central bank digital currencies. The country aims to regulate the entire crypto transaction chain, from entry into the country to cross-border payments. Additionally, there are discussions on using the digital ruble for international transactions by 2025. Read more AI-generated news on: https://app.chaingpt.org/news

Cryptocurrency has emerged as a prominent player in the financial world, revolutionizing traditional banking systems. The digital currency's decentralized nature and blockchain technology have paved the way for secure and transparent transactions. As more investors flock to cryptocurrencies like Bitcoin and Ethereum, the market continues to expand rapidly. This shift towards digital assets has prompted traditional financial institutions to adapt and explore the potential of blockchain technology. The concept of decentralized finance (DeFi) has gained traction, offering innovative solutions such as decentralized lending and automated trading. With the growing popularity of cryptocurrencies, it is evident that they are here to stay and will likely play a significant role in shaping the future of finance. Read more AI-generated news on: https://app.chaingpt.org/news

Cryptocurrency has emerged as a prominent player in the financial world, revolutionizing traditional banking systems. The decentralized nature of digital currencies like Bitcoin has sparked a global interest in blockchain technology. This innovative approach to transactions offers increased security and transparency, challenging the status quo of centralized institutions. As more investors flock to cryptocurrencies, the market experiences unprecedented growth and volatility. The potential for high returns has attracted both seasoned traders and newcomers to the crypto space. However, regulatory concerns and market fluctuations remain key challenges for widespread adoption. Despite these obstacles, the future of cryptocurrency looks promising, with ongoing developments in technology and increasing mainstream acceptance. The evolution of digital assets continues to reshape the financial landscape, paving the way for a more inclusive and decentralized economy. Read more AI-generated news on: https://app.chaingpt.org/news

Cryptocurrency has emerged as a disruptive force in the financial world, challenging traditional banking systems. Its decentralized nature and blockchain technology have revolutionized transactions, offering security and transparency. The increasing popularity of digital currencies like Bitcoin and Ethereum has led to a surge in investments and trading activities. Investors are drawn to the potential for high returns and the opportunity to diversify their portfolios. However, regulatory concerns and market volatility remain key challenges for the widespread adoption of cryptocurrencies. Despite these obstacles, the crypto market continues to expand, with new projects and innovations constantly reshaping the landscape. As more people recognize the benefits of blockchain technology, the future of finance is likely to be heavily influenced by the rise of cryptocurrency. Read more AI-generated news on: https://app.chaingpt.org/news

Cryptocurrency has emerged as a disruptive force in the financial world, challenging traditional banking systems. Its decentralized nature and blockchain technology have revolutionized transactions, offering security and transparency. The increasing popularity of digital currencies like Bitcoin and Ethereum has led to a surge in investments and trading activities. This shift towards a digital economy has prompted governments and financial institutions to adapt to the changing landscape. Cryptocurrency's potential for growth and innovation is undeniable, with many experts predicting a future where it becomes a mainstream form of payment. As more people embrace this new form of currency, the need for regulations and safeguards also grows. The evolution of cryptocurrency continues to shape the way we perceive and interact with money, paving the way for a more inclusive and efficient financial system. Read more AI-generated news on: https://app.chaingpt.org/news

Cryptocurrency has emerged as a disruptive force in the financial world, challenging traditional banking systems. The decentralized nature of cryptocurrencies like Bitcoin and Ethereum offers users greater control over their assets. This shift towards digital currencies has sparked debates among regulators and investors alike. While some view it as a revolutionary technology with the potential to democratize finance, others express concerns about its volatility and security risks. Despite the skepticism, the popularity of cryptocurrencies continues to grow, with more businesses accepting them as a form of payment. As the crypto market evolves, it is essential for individuals to stay informed and educated about this new financial landscape to make informed decisions regarding their investments. Read more AI-generated news on: https://app.chaingpt.org/news

Cryptocurrency has emerged as a prominent player in the financial world, revolutionizing traditional banking systems. The digital currency market has experienced significant growth, attracting both investors and consumers alike. With the introduction of blockchain technology, transactions are now more secure and transparent. This shift towards decentralized finance has led to increased interest in alternative investment options. As more people become familiar with cryptocurrencies, the demand for digital assets continues to rise. The potential for high returns and the ability to bypass traditional financial institutions have made cryptocurrencies an appealing choice for many. This trend is reshaping the way we perceive and interact with money, paving the way for a more inclusive and accessible financial landscape. Read more AI-generated news on: https://app.chaingpt.org/news

Cryptocurrency has emerged as a disruptive force in the financial world, challenging traditional banking systems. Its decentralized nature and blockchain technology have revolutionized transactions, offering security and transparency. The increasing popularity of cryptocurrencies like Bitcoin and Ethereum has led to a surge in investments and trading activities. This digital revolution has also sparked debates on regulation and the future of finance. As more businesses and individuals adopt cryptocurrencies, the landscape of finance is evolving rapidly. The potential for growth and innovation in this sector is immense, attracting both seasoned investors and newcomers. Cryptocurrency's impact on the global economy is undeniable, with its influence extending beyond borders. The future of finance is being reshaped by the rise of cryptocurrency, promising a more inclusive and efficient financial system. Read more AI-generated news on: https://app.chaingpt.org/news

Binance, the largest crypto exchange globally, teased a significant announcement for the Shiba Inu ecosystem with a mysterious image. The picture featured a Shiba Inu dog beside oranges on luggage wrapped in Binance's yellow ribbon, captioned 'pawsitively prepped for the next chapter!'. Speculation arose about a potential integration of Shibarium, Shiba Inu's layer 2 solution, to enhance blockchain scalability and efficiency. Community members speculated on rewards for ecosystem tokens BONE and LEASH. Discussions also included the possibility of a token burn program for Shiba Inu, akin to Binance's efforts with Terra Luna Classic. The community eagerly awaits official details from Binance, as theories circulate about new token listings or burn initiatives. The outcome of these speculations could have a significant impact on the Shiba Inu ecosystem. SHIB was trading at $0.000027 at the time of writing. Read more AI-generated news on: https://app.chaingpt.org/news

The Australian Transaction Reports and Analysis Centre (AUSTRAC), a government financial intelligence agency, has reported an increase in criminal activities involving cryptocurrencies and related services in its latest money laundering report. The 2024 AUSTRAC Money Laundering National Risk Assessment highlighted the rise in criminal use of digital currencies, exchanges, and unregistered remittance services. Despite the preference for traditional methods like cash and real estate, digital currencies are gaining popularity among money launderers due to their anonymity and speed. AUSTRAC emphasized the importance of crypto exchanges registering under the AML/CTF Act to combat illicit activities. Additionally, the report stressed the need for ongoing regulatory adjustments and global cooperation to tackle money laundering in the crypto space. The Australian government's recent ban on using crypto and credit cards for online gambling aims to protect consumers and promote responsible gambling behavior. Read more AI-generated news on: https://app.chaingpt.org/news

The Securities and Futures Commission of Hong Kong (SFC) has issued warnings against seven cryptocurrency trading platforms for operating without proper licenses in the region. The SFC maintains a public record of registered, unregistered, and illegal crypto exchanges to mitigate risks of scams and fraud. The Alert List, which identifies exchanges without licenses or falsely claiming association with Hong Kong, recently added seven platforms. Since January 2020, the SFC has listed 39 entities, with 28 flagged in 2024 alone. The newly added exchanges, including Taurusemex and Bitones.org, are accused of fraudulent activities like blocking withdrawals and demanding fees. Hong Kong has been enforcing regulatory compliance in the crypto sector, requiring exchanges to apply for licenses or face closure. Despite initial applications, some exchanges withdrew just before the deadline. Additionally, Hong Kong is promoting itself as a tech hub for Canadian crypto startups, showcasing its offshore opportunities at a recent event in Toronto. Read more AI-generated news on: https://app.chaingpt.org/news

South Korea's ruling party, the People's Power Party, has officially suggested postponing the enforcement of the nation's tax on cryptocurrency trading profits. The proposal, submitted on July 12, highlighted the declining sentiment towards crypto assets and cautioned against hastily imposing taxes on virtual currencies. The party argued that due to the higher risks associated with crypto compared to stocks, investors may exit the market if income tax is introduced. Originally planned for January 1, 2025, the implementation of the crypto gains tax could be delayed until January 1, 2028, pending approval of the proposal. The party emphasized the need for a comprehensive crypto framework before taxation, stressing the importance of establishing oversight mechanisms for crypto transactions. This move comes after previous delays in the implementation of the tax, reflecting ongoing concerns over investor interests in South Korea's crypto market. Read more AI-generated news on: https://app.chaingpt.org/news

Following a failed assassination attempt on former President Donald Trump, his chances of winning the U.S. presidential election surged. The incident occurred during a rally in Pennsylvania, where shots were fired, injuring Trump. Despite the chaos, Trump's campaign assured his safety. Traders on Polymarket reacted by increasing the 'Yes' shares for Trump winning the election, indicating a 70% chance of victory. Conversely, Biden's odds decreased to 17%. Experts predict the attempt may boost Trump's support, drawing parallels to historical events. Memecoins named after Trump saw price spikes, reflecting market sentiment. Notably, Trump's evolving stance on cryptocurrency has garnered support from industry leaders like Elon Musk. The incident has stirred speculation and market reactions, shaping the narrative of the upcoming election. Read more AI-generated news on: https://app.chaingpt.org/news

Token unlock refers to the release of previously restricted tokens in a controlled manner to prevent market pressure and price drops. Factors like liquidity and investor profit-taking can influence asset dynamics. Next week, major token unlocks to monitor include Optimism, Starknet, Arbitrum, Axie Infinity, and ApeCoin. Optimism will release 10 million OP tokens for a public goods funding program. Starknet will unlock 64 million STRK tokens for investors. Arbitrum plans to release over 90 billion ARB tokens. Axie Infinity will distribute 2.45 million AXS tokens for staking rewards. ApeCoin will unlock 15 million tokens. While token unlocks are often viewed as bearish, strategic planning can enhance a project's sustainability, motivate teams, engage communities, and foster ecosystem growth. Read more AI-generated news on: https://app.chaingpt.org/news

BONK's price struggles to surpass $0.00002500, hindering its progress to break through the next resistance level. Investors are increasingly pessimistic, with some anticipating a price decline. The Chaikin Money Flow indicator for BONK recently broke its downtrend, hinting at a potential shift in market sentiment. However, this positive momentum seems to be fading, raising concerns about its sustainability. As the CMF indicator drops below zero, it indicates growing selling pressure. Additionally, the negative funding rate suggests a bearish outlook, with short positions outweighing long positions. These factors combined may lead to increased selling pressure on BONK. Failure to breach the $0.00002748 resistance level could result in consolidation between $0.00002748 and $0.00002153. A further decline could push the price below $0.00002000. Conversely, breaking the $0.00002748 barrier could signal a potential recovery for BONK. Read more AI-generated news on: https://app.chaingpt.org/news