What are AI cryptocurrencies?

AI cryptocurrencies are tokens that power AI blockchain platforms such as The Graph and SingularityNET. Users spend tokens in order to use the platforms and the benefits of their integrated artificial intelligence. We’ve looked at the 10 biggest AI crypto projects according to their market caps to see how AI is being used within the sector.

Are crypto tokens utilizing AI technology on a tear?

Tokens utilizing AI technology have been on a tear in the past months. Some are sold on the hype, while some remain wary. Crypto markets are known to be fueled by narratives, and artificial intelligence (AI) is the latest trend.

Why have cryptocurrencies tumbled to two-month lows this week?

The leading cryptocurrencies tumbled to two-month lows this week thanks to concerns about market liquidity and a regulatory clampdown. Prices have been under pressure after crypto exchange Binance twice paused Bitcoin (BTC) withdrawals earlier this week.

Why are top crypto firms pulling back from digital asset trading?

Withdrawals were halted for approximately 90 minutes on Sunday and an additional two hours early Monday morning. According to a report from Bloomberg, top crypto firms Jane Street Group and Jump Crypto are pulling back from U.S. digital asset trading thanks to growing regulatory scrutiny.