Cardano drops out of the top | Vitalik Buterin's AI vision | Cryptocurrency news for August 20

#cryptonews #cryptocurrency #cardano #bitcoinnews
==========================================
📢⚡ Subscribe to our Telegram Channel and stay updated on all the latest cryptocurrency news: @TU Crypto News (EN)
==========================================
Video key moments
00:00​ - Start
00:20​ - Vitalik Buterin's AI vision
00:41 - Memcoin boom on the Tron blockchain
01:14 - Goldman Sachs: recession risks reduced to 20%
01:42 - Cardano drops out of the top
==========================================
📣 Vitalik Buterin's AI vision
✔️ Ethereum co-founder Vitalik Buterin has registered the domain name dacc.eth. It is a reference to the concept of ‘defensive accelerationism’.
Buterin advocates responsible technological and AI progress, criticising the OpenAI approach. In his opinion, the focus should be on privacy and decentralisation.

📣 Memcoin boom on the Tron blockchain
✔️ Launched last week, the SunPump platform has been very popular with developers and TRX holders. More than 7,000 memcoins have already been deployed on it.
✔️ Tron founder Justin Sun believes that the main advantage of his network is the huge liquidity centred in USDT (TRC-20). It sets the stage for the growth of meme tokens.
Justin Sun expects the first memcoins to appear on the Tron blockchain with a capitalisation of over $1 billion in the near future.

📣 Goldman Sachs: recession risks reduced to 20%
✔️ Analysts at Goldman Sachs have revised their assessment of the probability of recession in the US downwards. According to them, recession before the end of the year is possible with a probability of only 20%.
Consequently, the Fed's rate cuts may also not be as significant.
ℹ️ Experts believe that the latest macroeconomic data adds uncertainty to the markets and favours a sideways trend in the crypto market.

📣 Cardano drops out of the top
✔️ Cardano drops out of the top 10 cryptocurrencies by capitalisation
Once one of the most promising coins recently shows abysmal results
==========================================
🔔 Don't forget to like this video and subscribe to our channel