Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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AlibabaAptos Foundation and Alibaba Cloud Launch Alcove: Asia’s First Move Developer Community
The Aptos Foundation has partnered with Alibaba Cloud to enhance Japan’s Web3 ecosystem and boost regional accessibility in the Asia-Pacific (APAC) region by launching Alcove. As part of the Alcove initiatives, Aptos Foundation, alongside OKCoin Japan and Alibaba Cloud, will host a series of events including a Move developer meetup and hackathons to empower developers. The Aptos Foundation has announced a strategic partnership with Alibaba Cloud, the digital technology and intelligence backbone of the Alibaba Group, to enhance Japan’s Web3…
11 months ago
AIOZ Network Makes Strides in Asia, Partners With Alibaba
AIOZ Network has joined forces with Alibaba Cloud, marking a pivotal moment for Web3 capabilities within the region. The partnership focuses on the Alibaba Cloud Singapore Innovation Accelerator. It designates AIOZ Network as the main blockchain partner, focusing on providing technological and financial support to selected Web3 projects. AIOZ Network Joins Forces With Alibaba The collaboration aims to extend beyond financial and technical assistance. Strategic plans aim to establish a DePIN Alliance in Southeast Asia. This initiative seeks to improve…
1 year ago
Alibaba Vice-Chairman Says ‘I Like Crypto’
Billionaire and vice chairman of Alibaba like crypto. Joe Tsai, a billionaire with a net worth of $8.7 billion and Alibaba vice-chairman, shared a cryptic tweet. The tweet wrote, "I like crypto". https://twitter.com/joetsai1999/status/1475705992964763655 At first glance, the statement doesn't sound that interesting. However, Joe Tsai is the executive vice-chairman of Alibaba Group, one of the largest e-commerce corporations in the world. Alibaba Group is a firm based in China, a country that does not hesitate to pressure private companies. China has…
3 years ago
BTC Hits New All-time High, and Becomes The 9th Most Capitalized Asset
Bitcoin (BTC) is on a roll, breaking record after record since it surpassed the $20k milestone less than three weeks ago. The leading crypto asset recently crossed $35k today and is now in the top 10 most capitalized assets globally. Bitcoin (BTC) crosses $35,000 Bitcoin continued its bullish run in the New Year, surpassing the $30,000 mark on January 2nd. After making a massive surge to $34k, the leading coin suffered a major dip on January 4. The retracement caused…
4 years ago
224 Blockchain Ventures Approved By Chinese Cyberspace Regulators
According to China’s Office of the Central Cyberspace Affairs Commission (OCCAC), the third round of blockchain projects towards approval by the Chinese regulators is taking off. The latest addition to the commission’s registry is 224 distributed ledger technology (DLT) ventures and it includes leading technology companies Alibaba, Baidu and China Mobile. It seems that the news was first revealed by a Twitter user AliceolaCrypto on April 26: “#China has just announced the 3rd batch list of #blockchain filings, 224 projects approved…
5 years ago
Blockchain Domains Starter Guide: What Are They and How do They Work?
Since the introduction of blockchain, technology has disrupted various sectors and industries. With blockchain having some commendable success in supply chain management, health care, and others, experts seem keen to explore other areas where innovation could come in handy. One such area is domain name registration. Although the internet has been evolving, web hosting and domain registration haven't changed for years. However, software companies now want to change the industry using blockchain domains. Blockchain domains are still a new concept. However,…
5 years ago
Ant Financial Plans to Unravel Its Enterprise Blockchain Platform
Based on recent reports, the Enterprise Blockchain platform's launch has been confirmed following its launch by Ant Financial. The platform's primary focus is directed at enterprises and is termed as "Ant Blockchain Open Alliance," which is generally an Alibaba affiliate. Comments by the Ant Financial Group Vice President Following the Ant Financial Group vice president's review, Jiang Guofei made it on the 8th of January. He stipulated the full operational chain's expected to launch that was presided by the beta version launch…
5 years ago