Crypto adoption soars in Asia as China leads coin trading

Asia dominates the global cryptocurrency market, accounting for 60% of global cryptocurrency users and contributing the largest share of global liquidity. New research from Foresight Ventures and Primitive reports these findings. Five Asian countries, including India, Indonesia and Vietnam, rank among the top 10 in the 2024 Global Crypto Adoption Index. Asia Leads Global Crypto…

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Why SoundHound AI Stock Is Plummeting Today

AI SoundHound (HER -9.98%) The stock is seeing heavy selling during Tuesday trading. The conversational artificial intelligence (AI) company’s stock price was down 8% as of 11:45 a.m. ET and had fallen as much as 11% earlier in the session. Meanwhile, the S&P500 the index was down 0.5%, and the Nasdaq Composite the index was…

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Ukraine targets Russia’s crypto payments with new sanctions

Ukraine has declared “sanctions and other solutions” to stop unwanted cryptocurrency transfers from Russia. Vladyslav Vlasiuk, advisor to the Ukrainian president, announced that the country is preparing sanctions and other measures to prevent Russia from using cryptocurrencies like Bitcoin for international payments. Russia began using cryptocurrencies for commercial purposes after Western sanctions made it more…

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