AICoin Focus: Daily Hot Picks (October 16)

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6 days ago
  1. The Central Bank of the UAE has approved the launch of an AED stablecoin, marking further acceptance of cryptocurrency in the region.

  2. The probability of Bitcoin reaching an all-time high in 2024 on Polymarket has risen to 64%, indicating market optimism about future trends.

  3. ETF issuer Canary has submitted an application for a Litecoin ETF, demonstrating ongoing interest in the cryptocurrency ETF market.

  4. DWF Labs co-founder stated that the crypto market is in recovery, bringing confidence to investors.

  5. The Three Kingdoms Academy pointed out that Bitcoin's technical indicators are strong, and it may challenge $70,000 in the future.

  6. U.S. stocks closed mostly lower, with the Nasdaq down 1.01%, indicating increased market uncertainty.

  7. Grayscale transferred approximately 515 BTC, worth about $33.96 million, to Coinbase Prime.

  8. Blockstream has completed a $210 million financing round, which will accelerate the development of Layer 2 technology and expand Bitcoin reserves.

  9. The U.S. spot Bitcoin ETF has seen trading volumes exceed $2.1 billion for two consecutive days, showing heightened investor interest.

  10. Tether's CEO is hiring for its AI division, promoting advancements in AI and P2P technology.

  11. Vitalik Buterin outlined areas for improvement in the Ethereum protocol, driving further development of the network.

  12. The OKX Web3 wallet has completed a security upgrade, enhancing the protection of user assets.

  13. A wallet related to a certain "divine fish" has deposited a large amount of ETH and LINK into Binance, indicating movements from major players in the market.

  14. Azra Games raised $42.7 million in Series A funding to further advance its project development.

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