Crypto.com

You know what it’s always been. #FFTB

💸 Latest data shows that US spot #Ethereum ETFs had a total net outflow of $469M and a daily net inflow of $48M on 17 October. 💸 Latest data shows US Spot #Bitcoin ETFs with a total net inflow of $20.73B and a daily net inflow of $471M on 17 October. GBTC saw the second largest inflow of $46M since launch.

🔬AI agents’ capabilities have widely expanded with the rise of generative AI and LLMs. This report looks into AI agents and their applications in the cryptocurrency realm. 💡 Our key findings include: ✅ An AI agent is a system that can autonomously operate or perform tasks on behalf of a user or another programme. Globally, the AI agents market is expected to grow from US$5.1 billion in 2024 to $47.1 billion by 2030, representing a 45% CAGR, according to MarketsandMarkets™. ✅ Users first send their intents. Depending on the actions required, one or more AI agents are involved to gather the information needed. The LLM generates a response to address the user’s enquiries, who can either approve or provide input to refine the outcome. ✅ The current landscape of AI agents in crypto include Agent Creation, Trading, Smart Wallets/Payments, Gaming, Art/NFT, and Security. ✅ Crypto.com recently released an AI Agent SDK, which processes natural language and executes instructions. The current version handles functions like calling chain data, wallet management (transfer), and basic smart contract interactions (swap). ✅ Application of AI agents in crypto is in the early stages, but it could evolve into a multi-agent agent network and intent-based interactions — where users can type in any commands, and multiple agents would work together to provide verifiable, reliable, and secure outcomes. Check out the complete report for key insights and more: Decentralised Perpetuals Market Review https://lnkd.in/gtKdmMBt

The Weekly DeFi Update: 💰 14.6% of Polymarket wallets have profted ⛓️ Uniswap Labs unveils its own Layer-2 network 💱 Avalanche negotiates to repurchase 1.97 million AVAX from Terra's LFG https://lnkd.in/gshzxCnF

With more traditional investors warming up to crypto, it’s yet another significant step towards achieving our vision: cryptocurrency in every wallet. And that’s not just our opinion, we’ll let the numbers speak for themselves. A recent survey of 100 AIMA and PWC traditional hedge funds shows that 47% of them invested in cryptocurrency, up from 29% in 2023. Several factors could have contributed to this rise, including increased clarity around regulation and the launch of spot crypto ETFs.

👀 Get all the insights on current market movements, latest news, and upcoming catalysts in this week’s Crypto Market Pulse: 📈 Solana dominates 2024’s token launches 🇧🇭 Bahrain launches its first BTC investment fund 🪙 Stripe allows customers to pay in USDC And if you need a quick refresher… 💵 Price index — average market price of crypto on major exchanges. 📈 Volume index — sum of all transactions of crypto assets. 🔥 Volatility index — how much the price of crypto has moved up/down. Read the full Crypto Market Pulse newsletter here 👇 https://lnkd.in/gmJrAMYF

We are proud to announce a collaboration with The BENEFIT Company, exploring ways to expand the digital assets and fintech ecosystem in Bahrain. Full details 👉 https://lnkd.in/g2bC5Jba

While past trends can never guarantee future performance, interesting patterns do emerge: ⬆️ BTC price increased by 7% in September this year— the highest since 2013. ⬇️ September recorded negative returns eight times between 2013 and 2024, earning the ominous name ‘Rektember’. ⬆️ On the flip side, October is referred to as ‘Uptober’ for the nine years of positive returns between 2013 and 2023. ⬆️ The average return between those nine years? 22.9%.

Crypto.com Snapshot vol. 175 🔹 Crypto.com achieves an industry-first card payment security standard. 🔹 Crypto transactions to be VAT-free in the UAE. And more…

Here are all the top stories you may have missed. Starting this month, we’re delivering everything you need to know about crypto in the past month — all in a 5-minute read.