#market

Samsung is set to enhance its new Galaxy S24 smartphone series for the Chinese market by integrating Ernie Bot, an AI chatbot developed by China's Baidu. This feature is designed to efficiently handle tasks like summarizing, reorganizing, and translating vast amounts of information. Moreover, the chatbot will include a visual search capability, enabling users to search the internet for items using photos or images.

Avalanche blockchain is trailing in the stablecoin market, with a capitalization of just $1 billion. This situation is taking a toll on the DeFi applications' liquidity within its ecosystem and obstructing a steady flow of new users to the platform. To draw a comparison, the stablecoin market cap on Ethereum stands at $71 billion, while on Tron, it is $52 billion.

Within just the first six days of spot bitcoin ETF trading, the total assets of these funds have soared to roughly 95,000 BTC ($4 billion). Fidelity (FBTC) and BlackRock (IBIT) are at the forefront, collectively holding 64,000 bitcoins.

Joe Lonsdale, the co-founder of analytics company Palantir, views the expansion of artificial intelligence as a potential driving force for the cryptocurrency market. He foresees a future where many AI-focused companies will embrace cryptocurrencies for payments.

On January 23, OKX's token, OKB, saw an unexpected market shakeup. Its price dramatically fell by 50%, dropping from $52 to nearly $25, before recovering to $46.

Ondo Finance, the provider of tokenized securities, has expanded its operations to the Asia-Pacific region. Company representatives highlight a significant demand in Eastern countries for various American assets, which can be challenging to acquire.