Rise of AI agents - How Virtual Protocol, Solana could lead the charge in 2025

Virtual Protocol and ai16z’s Solana-based Eliza are the main AI agent launchpads and dominant players Despite a recent exploit, Spectral tops in on-chain AI agent trading, and agent commerce The post Rise of AI agents - How Virtual Protocol, Solana could lead the charge in 2025 appeared first on AMBCrypto.

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Virtuals Protocol [VIRTUAL] - Can altcoin hit $6 despite whale profit-taking?

VIRTUAL rose by over 10% over a single 24-hour period VIRTUAL risking liquidation of heavy leveraged orders at $3.10. Virtuals Protocol (VIRTUAL) registered a hike in price recently, with thThe post Virtuals Protocol [VIRTUAL] - Can altcoin hit $6 despite whale profit-taking? appeared first on AMBCrypto.

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VIRTUAL crypto surpasses $1B market cap as whales buy 5M tokens

Virtuals Protocol (VIRTUAL) gained by 42% in 24 hours after listing on the Bithumb exchange. Open interest also increased by 90% despite a rise in short liquidations. Virtuals Protocol (VIRTThe post VIRTUAL crypto surpasses $1B market cap as whales buy 5M tokens appeared first on AMBCrypto.

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Bitcoin remains ‘niche phenomenon,’ Swiss central bank says

Despite the substantial growth of crypto prices in recent years, Switzerland remains wary of virtual currencies, said Swiss National Bank Chairman Martin Schlegel. The Swiss National Bank remains cautious about crypto as Chairman Martin Schlegel stressed on Thursday, Nov. 7,…

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Bitcoin mining analyst on Bitfarms: ‘CEO overhang now lifted’

Despite recent takeover attempts and staff changes, analysts at H.C. Wainwright believe that Bitfarms’ future is bright.  On Wednesday, Bitcoin mining company Bitfarms hosted a virtual fireside chat featuring newly appointed CEO Ben Gagnon and CFO Jeff Lucas. This event…

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HoloTile: Disney’s Breakthrough in Enhancing VR Mobility

With rapid technological advancements, virtual and augmented reality have become increasingly popular in recent years. However, despite their immersive visual experiences, a disconnect has always existed between the user’s physical position and their avatar’s movements in these virtual worlds.

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Game On, Stay Private: New Era of Privacy-First Play

Despite the familiar sounds of controllers and the captivating glow of screens, a gaming revolution is happening. The blockchain, once only for crypto fans, is now changing how we play, compete, and earn in virtual worlds.

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Bitget subsidiary BitgetX closes operations, opts out of Hong Kong crypto market

Bitget’s Hong Kong division, BitgetX, has decided not to apply for a Virtual Asset Trading Platform (VATP) license in Hong Kong despite operating in the region within the last seven months. In a Nov.

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Bitcoin Power: Why Investment Maven Cathie Wood Hails The Crypto As ‘Digital Gold’

Bitcoin continues to gain support despite the implications drawn from Sam Bankman-Fried’s fraud case, which could reinforce the arguments of its detractors. Cathie Wood, CEO of Ark Investment, stands firm in her support for the leading digital currency, advocating for its continued prominence in the virtual asset realm. According to the ARK top honcho, as […]

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Borroe.Finance Glides Higher, Outperforms MANA Despite Inworld And Decentraland Partnership

In the ever-evolving landscape of cryptocurrencies, strategic partnerships and innovative developments often shape the trajectory of digital assets.   Recently, Decentraland, a prominent player in the blockchain-based virtual reality realm, joined forces with Inworld, an AI startup, to introduce a groundbreaking concept – AI-powered non-player characters (NPCs) within its Ethereum-based world.

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How Blockchain Technology And AR Could Transform The Social Media Industry

While AR has been around for years, it is still confused with virtual reality (VR) – despite the two technologies offering quite different utilities and experiences. While VR refers to creating a whole new virtual world, which simulates the real world, AR takes the real world and augments computer-generated images, figures and landscapes onto it […]

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Bitcoin Bulls Set Sight On $28,000 Price With Investors Adopting A Wait-And-See Approach

As Bitcoin (BTC) continues to hover around the $27K mark, investors are brimming with optimism that the largest virtual currency can break the $28K mark despite the unsavoury remarks from the Feds.

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China court declares virtual assets legal properties protected by law: Report

Despite a blanket ban on cryptocurrencies imposed by Beijing in 2021, many Chinese courts over the years have established that virtual asset holders have property rights.

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Binance withdraws from Netherlands following VASP license snub

Binance, one of the world’s largest cryptocurrency exchanges, has recently announced its departure from the Dutch market. According to a notice published by the company, the company had failed to secure registration as a virtual asset service provider (VASP) – despite exploring “many alternative avenues” with Dutch regulators.

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Nike OF1 NFT Sale Surpasses $1M Despite Delays, Tech Issues

The highly-anticipated virtual sneaker sale on .SWOOSH faced persistent delays, leaving some users frustrated. Meanwhile, Nike has so far labeled the release as a success.

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Outflows Continue To Cause Concern For Investors For The Sixth Week Running Despite BTC’s Spike

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EOS price declines despite EOS EVM testnet launch: here’s why

EOS price has dropped by almost 5% despite positive development about EOS launching its EOS Ethereum Virtual Machine (EVM) feature on the testnet. EOS token price has been sea sawing since mid-March after the drastic fall between March 3 and March 11.

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Filecoin price prediction: Focus shifts to March 14

Filecoin (FIL/USD) price drifted downwards despite the upcoming launch of its virtual machine next week. FIL slumped to a low of $5. 85, which is close to its January lows. It has pulled back by more than 38% from the highest level this year.

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Oman to establish regulatory framework for virtual assets

Despite the warnings about investing in digital assets by Oman’s central bank, about 65,000 residents hold cryptocurrencies.

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The Sandbox reports record land sales as metaverse virtual worlds gain popularity

ETH whales favor The Sandbox amid favorable YOY NFT revenue growth. SAND experiences extended demand despite being overbought. The Sandbox just earned its way into the list of most used smarThe post The Sandbox reports record land sales as metaverse virtual worlds gain popularity appeared first on AMBCrypto.

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Meta ‘powering through’ with metaverse plans despite doubts — Zuckerberg

Billions of dollars have been poured into Meta’s virtual world with little return on investment, but CEO Mark Zuckerberg says he is holding fast.

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A Province in China Begins Metaverse Journey with 2025 Action Plan

Despite banning the use of cryptocurrency, China is gradually making inroads into the virtual ecosystem as it eyes the Metaverse.

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South Korea mulls gift tax on airdrops, staking rewards, and hard-forked tokens

Despite postponing crypto gains tax to 2025, the South Korean Ministry of Strategy and Finance has today declared that virtual asset airdrops, hard forked tokens, and staking rewards will be subject to a gift tax under the Inheritance and Gift Tax Act.

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Metaverse housing bubble bursting? Virtual land prices crash 85% amid waning interest

The virtual real estate market is crashing despite a McKinsey report predicting a $5 trillion market by 2030.

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Sri Lankan officials maintain crypto snub despite economic collapse

The Central Bank of Sri Lanka (CBSL) reiterated its anti-crypto stance in a new notice dated July 12.  It confirmed that no entities are authorized to carry out digital asset activities, warning that users have no protection should they fall victim to “various types of VC [virtual currency] schemes.

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Illuvium Raises $72M From Land Sale Despite GameFi Bear Market

Illuvium, a web3 play-to-earn monster collector and auto-battler game in beta, has finalized a virtual land sale for more than $72 million, bucking the adverse market attitude that has hung over cryptocurrency.

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Singapore Taking Slow Approach to Crypto Adoption; Won’t Become an ‘Overnight Crypto Hub’

Singapore has been seen as a favorable crypto destination until the country's regulator's started tightening the rules around virtual assets. But, despite facing competition from regions like Dubai, the authorities have stated that they will "chart their own path" and not "react to what other countries are doing.

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MicroStrategy Unfazed by the Market Crash, will Continue to Buy Bitcoin (BTC)

Despite recent dips in the value of bitcoin, MicroStrategy Inc. intends to continue investing in virtual assets. According to the WSJ, Phong Le, the CFO of the business intelligence firm, has stated that the company aims to “purchase and hold.

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Best Cryptocurrencies with Growth Potential to Buy In June

Despite the market downturn, cryptocurrencies are still popular. If you’re new to the space, it could be mind-boggling picking the best digital asset to invest in. These virtual currencies have grown exponentially, and early adopters have substantial returns to show for their investments.

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Major Crypto Exchanges Looking to Enter the Indian Market

Kraken, KuCoin, and Bitfinex are reportedly working towards establishing a business presence in India’s crypto market. The move is despite the lack of clarity in the country’s approach to virtual currency regulations and the central bank’s continued criticism of the industry.

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DEX field-leading Project PandaSwap will launch on OKExChain soon

Despite the recent fall into a bear market, the crypto space continues to evolve and consistently inspires innovation. Seeking to fuel that innovation, OKExChain has begun a 3-phase Ethereum Virtual MThe post DEX field-leading Project PandaSwap will launch on OKExChain soon appeared first on AMBCrypto.

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Cuban President Discusses Adopting Cryptocurrencies for the ‘Convenience’ of the National Economy

Cuba has been actively discussing the possibility of adopting cryptocurrencies over the last few months during high-political summits. This time, the president of the Caribbean island discussed crypto assets once again during a virtual currencies topic on the summit agenda, talking about the possibility to consider it for future economic plans. Discussions Underway Despite Domestic […]

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JPMorgan’s Jamie Dimon Still Has ‘No Interest’ in Bitcoin Despite Growing Adoption

Institutional demand has played a critical role in the surge of cryptocurrencies in the past year, with many tech companies and large banks planning to custody virtual currencies. But despite what many may call a significant victory for the nascent technology, critics still abound, with some openly declaring they cannot support the idea of digital […] The post JPMorgan’s Jamie Dimon Still Has ‘No Interest’ in Bitcoin Despite Growing Adoption first appeared on BitcoinExchangeGuide.

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Tokenized real estate inches forward despite legal, technical hurdles

A rowdy virtual panel showcased the hurdles and promise of real estate on chain

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Here are the US Treasury proposals for Bitcoin and ‘virtual currency’ wallets

They don’t seem very promising, despite the crypto industry’s rapid growth in the past year. The post Here are the US Treasury proposals for Bitcoin and ‘virtual currency’ wallets appeared first on CryptoSlate.

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India: Finance Ministry Proposes Bitcoin Tax Law

Despite little progress on crypto regulations, India’s government might impose a Bitcoin tax law as part of efforts to boost national income. Crypto taxation is becoming more frequent among several countries around the world as virtual currencies continue to gain broad-based popularity.

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Ukraine: Draft Bill on Crypto Regulations Scales First Reading

Ukraine’s parliament has completed preliminary work on the deliberations concerning the enactment of crypto regulations in the country. Despite significant cryptocurrency adoption among Ukrainians, the absence of virtual currency laws has somewhat stifled the industry.

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Majority of Indian investors see 'no easy way to enter' crypto

Most mainstream Indian investors still do not see an easy way to enter the crypto markets despite recent regulatory liberalization regarding virtual currencies.

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South Carolina Blockchain to Present Emerging Tech Leaders at Resilience SC 2020 Virtual Blockchain Conference on July 15th

Charleston SC - FedEx strategist Dale Chrystie will be headlining the Resilience SC 2020 Virtual Blockchain Conference next month. Despite the postponement of the 1st annual South Carolina BlockchaThe post South Carolina Blockchain to Present Emerging Tech Leaders at Resilience SC 2020 Virtual Blockchain Conference on July 15th appeared first on AMBCrypto.

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Half-Life: Alyx Didn’t Need Virtual Reality, Virtual Reality Needed Half-Life: Alyx

Despite amazing reviews, debate surrounds Valve's Half-Life: Alyx and its virtual reality exclusivity. Well, this was always to be the case. The post Half-Life: Alyx Didn’t Need Virtual Reality, Virtual Reality Needed Half-Life: Alyx appeared first on CCN.com

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Bithumb Launches Identification System to Assign Real Names to Virtual Accounts To Comply With AML

The crypto space in South Korea is among the most vibrant amongst today’s FinTech aggressive nations. This market accounts for nearly a fifth of the total crypto transactions globally despite the tough stance by authorities on cryptocurrency activities.

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EU’s Finance Commissioner pledges common regulations for crypto-assets like Libra

On Tuesday, the EU’s Finance Commissioner, Valdis Dombrovskis, pledged that he would propose new rules to regulate virtual currencies such as Libra, following his reappointment. This is an interesting statement to make as in the five years he has served so far, Dombrovskis has not taken any steps to regulate digital assets, despite a series […] The post EU’s Finance Commissioner pledges common regulations for crypto-assets like Libra appeared first on AMBCrypto.

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Purchase Popular Gift Cards With Cryptocurrency Using CryptoCardsPlus

Today, only a few companies around the world provide an opportunity to pay in cryptocurrency. And this is despite the fact that the cryptocurrencies are widely spread. To solve this problem, services engaged in debit crypto card production (both plastic and virtual ones) were created.

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Prospects and advantages of cryptocurrency trading in virtual reality

If you think that virtual reality is something that relates exclusively to the field of games and entertainment, then you are deeply mistaken. Goldman Sachs predicts that by 2025, the VR industry will grow up to $ 80 billion.

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Bitcoin Price Closes Two Consecutive Weekly Red Candles, First Time Since Bottom

Bitcoin price action over the weekend has been a virtual nail biter. The leading crypto by market cap, teetered on the edge of support for much of the weekend as bulls were able to successfully defend bears from pushing the price to retest lows at $9,200.

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Grayscale’s Bitcoin Investment Trust records a total cumulative return of over 2000%

Bitcoin recorded a mediocre run over the last two months, a period during which the coin’s price plummeted from its yearly high of $13,800 to below $9500. The initial bullish momentum subsided, with stagnation and sideways movement soon taking over the market.

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Bitcoin Transactions Hit Historical Levels Despite The Virtual Currency’s Unstable Price

For the past few weeks, Bitcoin’s price has been very volatile with the virtual asset trying to find a foothold at the $10,000 zone. It seems its high volatility of recent has done nothing to impact on its adjusted transaction volume which surged over $5 billion on July 30, 2019.

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Binance Coin did great in Q2 despite $40M exchange hack – here’s what happened

Binance Coin (BNB) is one of the newest cryptocurrencies on the block. It comes from one of the world’s largest virtual currency exchanges of the same name, Binance.   The token launched in July 2017 as an ERC20 token based on the Ethereum blockchain, raising over $15 million in an initial coin offering (ICO).

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India: Government Committee Recommends Cryptocurrency Ban

Despite an earlier statement from India’s Minister of State for Finance that the government wasn’t planning on banning cryptocurrencies, the Inter-Ministerial Committee (IMC) is proposing otherwise. According to the IMC report on July 22, 2019, the committee recommended a blanket ban on cryptocurrency and also penalties for conducting virtual currency activities in the country.

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