Crypto Joins Shopify, AI Tokens Take Center Stage

Trending Tokens on BTSE:

(as of 10:30 AM Singapore Time, August 24, 2023) 

This Thursday morning in Asia, traders woke up to some potentially more pleasing figures than they have been accustomed to seeing these last few days. Large market caps were – even if only slightly – green across the board, with Bitcoin (BTC) enjoying an uplift of 1.32%, and Ethereum (ETH) enjoying a higher 2.56% increase in its price. Altcoins Ripple (XRP) and Dogecoin (DOGE) enjoyed very similar rises at 1.05% and 1.43% respectively. 

In an exciting development for crypto’s creep into the mainstream, Shopify now supports Solana Pay. This means Solana Pay will be integrated into Shopify’s existing technology, and boasts instant payment settlement, and USDC support – with more coming in the future, according to Josh Fried, head of commerce development at the Solana Foundation.

In the traditional market, Nvidia’s continued positive earnings reports – most recently Q2 – have spurred a bullish trend for AI. Its effects on the crypto market have been profound, with bullish outlooks and price jumps for a variety of AI-related tokens following Nvidia’s most recent earnings report. 

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