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The price of Shiba Inu (SHIB) has seen an increase of 2.74% over the past 24 hours, reaching $0.000026. This surge aligns with a broader positive trend in the cryptocurrency market. Over the past week, SHIB has risen by 9.30%, reversing a previous monthly decline of 3.93%.

U.S. Senate Votes to Overturn SEC's Crypto Accounting Policy The U.S. Senate, in a notable bipartisan move, voted 60-38 to repeal the SEC's Staff Accounting Bulletin No. 121 (SAB 121), a policy mandating that companies holding customers' cryptocurrencies include them on their balance sheets. This vote followed a similar decision by the House of Representatives, despite President Biden's threat to veto the resolution.

Pepe Coin (PEPE) has recently reached a new all-time high, with its price soaring to $0.00001039, marking a 19% increase in just one day. Over the past week, PEPE has gained 42.39%, and its value has surged by an impressive 108% in the last month.

As artificial intelligence (AI) continues to revolutionise industries around the world, it appears that crypto traders are also leveraging AI's capabilities; with some having already reported enhanced analytical depth and operational efficiency. However, AI in crypto trading goes beyond just operational efficiency and analytical depth, and what some crypto traders and engineers are currently working on is the development of AI models to predict future price movements.

UAE Adopts Regulatory Flexibility to Boost Crypto Investment The United Arab Emirates (UAE) continues to make strides in embracing the crypto industry, with recent reports highlighting its adoption of accommodative regulatory policies to encourage further investment. Aiming to capitalise on the potential of Web3 applications, the Dubai Multi Commodities Centre (DMCC) has outlined opportunities within the decentralised digital infrastructure, including cryptocurrencies, DeFi, and the metaverse.

Ever since the emergence of artificial intelligence (AI) as a public resource, many industries and operations have greatly benefited from AI's powerful automation and analytical abilities, including healthcare, design and social media; to name a few. When it comes to finance, one area that has greatly benefited is portfolio management, as financial professionals can now automate a lot of manual tasks in order to free up their time.

The Dogecoin price has encountered a slight dip of 5.26% over the past 24 hours, settling at $0.1482 as the broader crypto market experiences a 2% downturn. Despite this, DOGE has sustained an 18.6% increase over the past week, although it has faced a 27% decline over the last month.

April Crypto Market Recap In April, the cryptocurrency market experienced a notable pullback after reaching all-time highs in March. Bitcoin, which soared above $73,000 fueled by inflows to new spot Bitcoin ETFs, saw a correction, finishing the month just above $60,000. Similarly, Ethereum, which surged to over $4,000 in March, retreated below $3,000 as hopes for spot Ethereum ETF approval lingered.

NEO (NEO) is a prominent cryptocurrency associated with the NEO blockchain, often dubbed as the "Ethereum of China." Established as an open-source decentralised platform in 2014, NEO facilitates the creation of decentralised applications (Dapps) and smart contracts. Unlike traditional cryptocurrencies, NEO operates on a dual-token mechanism, separating governance rights from network usage rights.