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XRP has garnered significant attention in recent months. Following the recent crypto market resurgence caused by Bitcoin’s recent surge, many traders hold onto the hope that XRP will finally reclaim its past glories. However, despite these positive indicators, XRP has underperformed, falling 3.68% over the past 24 hours to $0.542. While the broader crypto market witnessed a surge, XRP is lagging. In 2024 alone, the digital token has even dipped by almost 14%. Many investors are still bullish despite the appalling performance, with one Bitcoin investor recently picking up $500,000 worth of XRP. Faced with this mixed bag of signals, We sought insights from PricePredictions, a platform utilizing AI-driven machine learning algorithms to forecast cryptocurrency prices. The analysis focused on XRP’s potential performance over the next 10 days. AI Hints at Short-Term Climb According to PricePredictions’ algorithms, XRP might finally inch upward in the coming days. The prediction model suggests an increase to $0.553549 by March 1, 2024. Furthermore, the AI anticipates this uptrend to continue into mid-March, with XRP potentially reaching $0.570682, representing a 5.29% increase within 30 days from its current price. However, a closer look at technical indicators based on XRP’s recent performance paints a contrasting picture. The token’s short-term outlook leans towards selling. It should be noted that Oscillators and moving averages predominantly signal a sell recommendation, particularly based on the last 24 hours of trading. This discrepancy between AI predictions and technical indicators underlines the uncertainties associated with cryptocurrency price movements. While AI algorithms analyze vast amounts of historical data and market trends, they cannot account for unforeseen events or sudden shifts in investor sentiment, both of which can significantly impact prices. Other factors could also impact XRP in the short term. The most significant of these is the ongoing legal battle between Ripple and the SEC. This lawsuit has hampered XRP’s price and adoption in the U.S. since it began in December 2020, and unforeseen outcomes could significantly affect XRP. Beyond the legal battle, broader market forces also play a crucial role. The overall health of the cryptocurrency market, particularly Bitcoin’s performance, can significantly impact XRP’s price movement. Ultimately, predicting XRP’s long-term price trajectory remains a challenging endeavor. However, a Ripple executive has revealed that the company prioritizes utility and adoption over short-term price movements, showing that the company has bigger plans for the digital asset. ⚠️Disclaimer This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. #xrpbullish

3 days ago
币圈大柱子
币圈大柱子
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As seen in the recent market madness, retail investors also have power. As layoffs increase, more talent and capital may flow into the cryptocurrency space, amplifying its growth. So, will you seize the opportunity or wait and see? Here are analysts' top 10 picks for this bull cycle.​ Gala Games (GALA): Starting with GALA, he said it is active in the gaming field; Gala Games has shown promise with a solid concept and active development, making it a potential winner in the gaming crypto space. Beam: As an infrastructure token for crypto gaming, Beam has shown promise and potential for significant growth, especially given its low entry point. Immutable X: Immutable X provides scalability solutions for gaming and NFT projects and has huge growth potential due to its compatibility and role in facilitating transactions in the gaming space. Heroes Amavia: Heroes Amavia is positioned as a gaming token that has demonstrated significant growth potential, supported by strong partnerships and large market capitalization. Arkham Intelligence: Arkham Intelligence provides artificial intelligence services for research in the cryptocurrency space, providing an undervalued opportunity with significant support and unique services. Render: Render focuses on the field of AI and has a strong community and

3 days ago
Coinpedia
Coinpedia
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The post Top 10 Altcoins to Surge 10x By Bitcoin Halving appeared first on Coinpedia Fintech News It’s time for a once-in-a-lifetime opportunity in crypto, according to an industry insider and Youtuber Brian Jung. His expert analysis reveals that this year’s bull run is the final chance for massive gains in the market. Why? Regulation is looming, institutions are accumulating, and the landscape is changing fast.  In his latest YouTube video, he unveils key dates and reasons why this cycle will be unlike any other. With big players like Fidelity jumping in and major events like the Bitcoin halving on the horizon, the stage is set for Bitcoin to hit new all-time highs, possibly reaching $100,000 or even $200,000. Event S&P 500’s surge aligns perfectly with the crypto market’s trajectory.  But it’s not just institutions; retail investors have power too, as seen in recent market frenzies. As layoffs increase, more talent and capital could flow into crypto, amplifying its growth. So, will you seize the opportunity or watch from the sidelines? Here are the top 10 picks of the analyst for this bull cycle.  Gala Games (GALA): Starting with GALA, he said it is active in the gaming sector; Gala Games shows promise with solid concepts and active development, making it a potential winner in the gaming crypto space. Beam: It is Serving as an infrastructure token for crypto gaming, Beam has shown promise and potential for significant growth, especially considering its low entry point. Immutable X: Offering scalability solutions for gaming and NFT projects, Immutable X has significant growth potential due to its compatibility and role in facilitating transactions within the gaming sector. Heroes Amavia: Positioned as a gaming token, Heroes Amavia has demonstrated potential for significant growth, backed by strong partnerships and a large market cap. Arkham Intelligence: Providing AI services for research within the crypto space, Arkham Intelligence presents an undervalued opportunity with notable backing and unique services. Render: Operating in the AI sector, Render has growth potential with a solid community and compatibility, catering to the increasing demand for rendering services in various industries. Rio: Focused on real-world asset tokenization, Rio has gained attention with strong partnerships and backing from VC firms, making it a potential candidate for growth. Multi-Bit: A high-risk, high-reward play, Multi-Bit has shown resilience and potential for recovery, making it attractive for risk-tolerant investors despite its speculative nature. Dog With Hat: A meme coin leveraging viral marketing and community engagement, Dog With Hat presents short-term potential for gains but requires caution due to its speculative nature. Pandora: Representing the meme coin phenomenon, Pandora has surged in price, attracting investors seeking short-term gains, although caution is advised due to its speculative nature. Furthermore, the analyst bets that by the end of the cycle, investors will look back and realize that many of these altcoins have experienced remarkable growth, potentially reaching multiples of 20x, 30x, 40x, or even achieving the coveted 100x return on investment. This statement reflects the analyst’s optimism and conviction in the transformative power of the crypto market, where significant gains are not only possible but anticipated. We are excited to see these top-notch coins rolling high, are you?

3 days ago
Coinstages
Coinstages
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Worldcoin [WLD] nearly triples in value driven by interest in AI, reaching an all-time high of $8.59.Despite the growth, privacy and regulatory concerns challenge Worldcoin, with active investigations in several countries. Worldcoin [WLD], has nearly tripled in value in the past week, driven by enthusiasm generated by OpenAI’s text-to-video generation model, Sora. At the time of writing, WLD is trading at an all-time high of $8.59, according to CoinMarketCap data observed by ETHNews. Downtrend Ends This rally ends a long downtrend during which WLD fell 47% from its previous high of $4.2. This renewed interest in Worldcoin is also reflected in the daily usage of the World App, the wallet designed for the Worldcoin project, which surpassed 1 million users on February 18, setting a new record. ETHNews, upon further investigation with data from Santiment, noted an increase in other blockchain indicators. Daily transactions experienced a tenfold increase in the last week, while the rate of new address creation skyrocketed 16 times. Positive Market Sentiment In addition, the currency became a hot topic of discussion in social circles, with a dramatic increase in the number of mentions on major social media channels. Market participants began to view WLD optimistically, as the Weighted Sentiment rose above the negative region after a long time. Linked to the creators of disruptive AI projects, WLD has somehow become the tokenized representation of the broader AI market and emerging trends. Thus, the frenzy created by Sora soon began to be reflected in the coin’s market value. Challenges for Sam Altman Co-founded by OpenAI CEO Sam Altman, Worldcoin is a cryptocurrency project that seeks to become the world’s largest identity and financial network. The onboarding process involves iris scans, which, according to its creators, confirm the user’s humanity and eliminate the involvement of bots. In return, users receive free WLD tokens. However, data privacy concerns have limited the project’s growth. Several countries have launched investigations into the project’s biometric data collection, with Kenya even suspending the token in its jurisdiction. ⚠️Disclaimer This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. #Worldcoin #WLD

3 days ago
Mastering Crypto
Mastering Crypto
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Unveiling the Top 5 New Binance Coins: Primed for Success Before the Bull Run! 🐃 In the ever-evolving realm of cryptocurrency, Binance stands as a beacon for emerging coins ready to take the market by storm. Join us as we dive into the depths of innovation and uncover five tokens that are garnering attention ahead of the much-anticipated bull run. 1. ALTLAYER: Pioneering Scalability - Breaking barriers with innovative layer 2 scaling solutions. - Tackling the pressing issue of blockchain scalability head-on. 2. MANTA: Safeguarding Privacy - Championing privacy and security as its core tenets. - Offering a sanctuary of anonymity in the turbulent sea of transactions. 3. XAI: Illuminating Transparency - Shedding light on the enigmatic world of Artificial Intelligence. - Fusing blockchain with AI to unveil the secrets of transparency. 4. AI: Revolutionizing Decentralization - Empowering decentralized applications (DApps) with the gift of intelligence. - Promising a future where DApps thrive on the brilliance of AI-driven features. 5. NFP: Navigating NFTs - Charting a course through the flourishing landscape of Non-Fungible Tokens (NFTs). - Unveiling the provenance of uniqueness in the realm of digital assets. Conclusion: 🌐 Brace yourselves for the ascent of ALTLAYER, MANTA, XAI, AI, and NFP—five coins poised to make waves in the turbulent seas of cryptocurrency. Remember, diligence and research are your compasses as we navigate the exciting journey ahead. The bull run awaits, and these tokens are primed for success on Binance's stage! 🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice. #Write2Earn #TrendingTopic #StrkScam

3 days ago
Coinpedia
Coinpedia
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The post Top Reasons Why AI-Based Altcoins Are Best Bet For 2024 – Here’s Why! appeared first on Coinpedia Fintech News The Artificial Intelligence tokens have displayed a significant uptrend this week, indicating a massive bullish sentiment for these tokens in the crypto industry. Further, eight tokens have secured a spot in the top ten gainers of the day, highlighting a positive price action for this category in the coming time. Despite a mixed sentiment in the crypto space, with top tokens recording constant fluctuations in their respective portfolios, the AI tokens have gained significant attention from the market with impressive short-term returns.  Investors are curious to dig out the prime reason “why are AI tokens pumping?” AI Tokens Surge Post News Of Sora! The category gained significant price action after the news of OpenAI released a new technology called Sora, which allows users to create hyper-realistic videos from text-based prompts. The samples which were released by the company, showed the limitless potential this application possesses in them. This new application has caused massive excitement among users, resulting in AI-based tokens experiencing significant inflow. Category Performance In The Upcoming Weeks! The top tokens from this category have added massive gains over the past week, with some tokens multiplying their valuation. The AI tokens are predicted to record a significant uptrend in the upcoming months, with major tokens possibly recording a new high. Tokens such as Fetch.ai, The Graph, and SingularityNET have added 68.32%, 58%, and 118.57% over the past week, making them the top potential tokens for the upcoming market rally. Conclusion: Overall, this category has displayed a significant price action over the past few weeks, indicating a massive inflow from investors. Further, the investors are concerned about the future price action of these tokens resulting in creating a FOMO-like situation in the market. NOTE: Investing in cryptocurrencies is highly risky as the market is highly volatile. Make sure to do your own research before investing in any digital asset and preferably keep a stop loss to minimize your losses during the times of a market dump.

3 days ago
ilkerryildiz
ilkerryildiz
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Artificial intelligence technologies are improving day by day. Following ChatGPT, this technology has become even more significant, sparking a competition that will greatly benefit those of us who believe in this technology and have invested in it. The announcement of Sora by OpenAI in recent days led to significant gains for cryptocurrencies in the AI field. Following this development, Nvidia, set to be one of the major power providers in the field of artificial intelligence, continued this upward trend with its earnings surpassing expectations. We Are Just at the Beginning of AI Technologies Despite the significant gains in recent times, we are still at the early stages of AI technologies. This technology has already started to fascinate us, yet we can see there is still a long way to go. Below are future predictions about the market size of AI technologies from different sources. According to Statista, the value of the artificial intelligence market is expected to reach approximately two trillion US dollars by 2030, nearly twenty times its current value. With a value of about 100 billion US dollars as of 2023, this indicates significant growth potential. In the MarketsandMarkets Report, the size of the global artificial intelligence market was valued at 150.2 billion US dollars in 2023 and is expected to grow at an annual growth rate of 36.8% until 2030. According to Bloomberg Intelligence, generative artificial intelligence is expected to create a market worth 1.3 trillion US dollars by 2032, with this new industry expected to grow at an annual rate of 44.5%. Looking at all these reports, research, and analyses, we can see that we are still at a very early stage of AI technologies. As indicated by the Nvidia CEO in the image above, this field is as significant a revolutionary area as computers and the internet. It will shape our entire lives. #Write2Earn‬ #AI #ArtificialInteligence $FET $RNDR $AGIX

3 days ago
CoinDesk
CoinDesk
followers

This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day. Latest Prices Top Stories Artificial intelligence (AI)-related tokens surged after chipmaker Nvidia (NVDA) beat its already lofty fourth-quarter earnings expectations. Nvidia on Wednesday reported earnings per share of $5.16, topping the average analyst estimate of $4.59, according to FactSet data. The chipmaker also posted revenue of $22.1 billion, higher than Wall Street's expectation of $20.4 billion. AI tokens surged: SingularityNet (AGIX) gained 37% on Thursday, FetchAI (FET) added more than 15% and Render (RNDR) rose 20%. The Graph, a protocol for indexing and querying data stored on blockchains, which said it plans to add AI-assisted querying with large language models, saw its token rally 21% after the report. Worldcoin’s WLD jumped 33%. The overall market cap of AI tokens has surpassed $17 billion, according to CoinGecko data. Ethereum’s native token, ether (ETH), may have found a path to a record high of $5,200 after breaking out an “ascending triangle” price pattern, according to technical analysis by Kraken OTC. ETH, the second-largest cryptocurrency by market value, topped the $3,000 mark early this week, establishing a foothold above the horizontal trendline connecting August 2022 and April 2023 highs. The trendline, along with the upward-sloping bottom line connecting June 2022 and November 2022 lows, comprised an ascending triangle formation on the weekly price chart. In other words, bulls have pushed through a long-standing resistance, regaining market control after a series of higher lows showing a gradual decline in bears’ strength. Bitcoin (BTC) may have stalled over the past week, but FundStrat head of research Tom Lee doubled down on his bullish outlook and said the largest cryptocurrency could reach as high as $150,000 this year. "You have demand improving with the new ETFs, you have supply shrinking with the halving, and if monetary policy eases, which we expect, that's supportive for risk assets," Lee told CNBC on Wednesday. Lee's comments came as bitcoin's rally appeared to lose some steam following a 35% gain over the past couple of weeks to $53,000, its highest price in 26 months. BTC was recently changing hands at $50,900, down 1.8% over the past 24 hours, holding up slightly better than the broader-market CoinDesk20 Index's (CD20) 3% decline during the same period. Chart of the Day The chart shows the total FIL deposited in the storage network Filecoin's decentralized finance ecosystem. Net deposits continue to climb and now sit above the 27.5 million mark. FIL, the native token of Filecoin, has been on a tear, gaining 30% in the past seven days. Source: fvm.starboard.ventures - Omkar Godbole Trending Posts England's Law Commission Seeks Views on Draft Legislation to Label Crypto as Property South Korea’s Most Populated Province Traces and Collects $4.6M From Crypto Tax Evaders Vitalik Buterin Floats Idea of AI-Based Code Audits, Ethereum Project Developers Back Him Up

3 days ago
CryptoMaestroking
CryptoMaestroking
followers

Top 5 New Binance Coins Revealed: Poised for Success Ahead of the Bull Run! 💰🚀 In the ever-evolving field of cryptocurrency, Binance serves as a beacon for emerging coins ready to take the market by storm. Join us as we dive into the depths of innovation and discover five coins that are grabbing attention ahead of the highly anticipated bull run. 1. ALTLAYER: pioneering scalability - Breaking barriers with innovative Layer 2 scaling solutions. - Tackle head-on the pressing issue of blockchain scalability. 2. MANTA: Privacy Protection - Defend confidentiality and security as fundamental principles. - Provide a sanctuary of anonymity in the turbulent sea of ​​transactions. 3. XAI: illuminating transparency - Shedding light on the enigmatic world of Artificial Intelligence. - Merge blockchain with AI to unlock the secrets of transparency. 4. AI: revolutionizing decentralization - Give decentralized applications (DApps) the gift of intelligence. - Promising a future where DApps thrive on the brilliance of AI-powered features. 5. NFP: Navigating NFTs - Charting a path through the burgeoning non-fungible token (NFT) landscape. - Unveil the provenance of uniqueness in the field of digital assets. Conclusion: 🌐 Prepare for the rise of ALTLAYER, MANTA, XAI, AI and NFP, five coins ready to make waves in the turbulent seas of cryptocurrency. Remember, diligence and research are your compasses as we navigate the exciting journey ahead of us. The bull run awaits, and these tokens are poised for success on the Binance stage! 🚀 ❤️ If you found this journey informative, consider supporting our effort via the Binance Tipping feature. Your generosity fuels our quest to provide quality content to other adventurers like you. 🙏🏿 #Write2Earn #Portal #strk #TrendingTopic

3 days ago
Mbeyaconscious
Mbeyaconscious
followers

Unveiling the Top 5 New Binance Coins: Primed for Success Before the Bull Run! 💰🚀 In the ever-evolving realm of cryptocurrency, Binance stands as a beacon for emerging coins ready to take the market by storm. Join us as we dive into the depths of innovation and uncover five tokens that are garnering attention ahead of the much-anticipated bull run. 1. ALTLAYER: Pioneering Scalability - Breaking barriers with innovative layer 2 scaling solutions. - Tackling the pressing issue of blockchain scalability head-on. 2. MANTA: Safeguarding Privacy - Championing privacy and security as its core tenets. - Offering a sanctuary of anonymity in the turbulent sea of transactions. 3. XAI: Illuminating Transparency - Shedding light on the enigmatic world of Artificial Intelligence. - Fusing blockchain with AI to unveil the secrets of transparency. 4. AI: Revolutionizing Decentralization - Empowering decentralized applications (DApps) with the gift of intelligence. - Promising a future where DApps thrive on the brilliance of AI-driven features. 5. NFP: Navigating NFTs - Charting a course through the flourishing landscape of Non-Fungible Tokens (NFTs). - Unveiling the provenance of uniqueness in the realm of digital assets. Conclusion: 🌐 Brace yourselves for the ascent of ALTLAYER, MANTA, XAI, AI, and NFP—five coins poised to make waves in the turbulent seas of cryptocurrency. Remember, diligence and research are your compasses as we navigate the exciting journey ahead. The bull run awaits, and these tokens are primed for success on Binance's stage! 🚀 ❤️ If you've found this voyage enlightening, consider supporting our endeavor through the Binance Tipping feature. Your generosity fuels our quest to deliver quality content to fellow adventurers like yourself. 🙏🏿 #Write2Earn #Portal #strk

3 days ago
CRPTOHOLICS
CRPTOHOLICS
followers

🛑LIST OF 5 COINS WHICH TURN YOUR 10$ INTO 1000$ THIS BULL RUN?? 👉1. ScapesMania (MANIA): ▫️ Project Focus: Crypto gaming disrupting the industry by integrating gaming and real-world rewards. ▫️ Community: Boasts a vibrant community of over 60,000 backers. ▫️ Funding: Secured over $6 million in funding. ▫️ Post-Listing Strategy: Implements buyback, burn, staking, and DAO governance for sustained growth. 👉2. Jupiter (JUP): ▫️ Project Features: Facilitates community collaboration and token value enhancement through decentralized application (dApp) creation on its blockchain platform. ▫️ Community: Active community of over 20,000 members. ▫️ Partnerships: Collaborations with reputable organizations like Microsoft, IBM, and NASA. 👉3. Celestia (TIA): ▫️ Project Niche: Blockchain solution for the space industry, offering secure and affordable access to space data and services. ▫️ Investor Interest: Strong investor interest, raising over $5 million in funding. ▫️ Partnership: Strategic partnership with SpaceX, a leading aerospace company. 👉4. Dymension (DYM): ▫️ Project Concept: Utilizes artificial intelligence (AI) and blockchain for a decentralized platform focusing on data monetization and analysis. ▫️User Benefits: Allows users to earn rewards by sharing data and insights. ▫️ Growth Potential: Positive growth forecasts post-launch. 👉5. Cosmos (ATOM): ▫️ Project Focus: Well-established project emphasizing interoperability and scalability among different blockchains. ▫️ User Functionality: Enables creation, connection, and value exchange across diverse blockchain networks. 👉Remember, while these details provide insights, investing in cryptocurrencies carries risks, and market conditions can change rapidly. It's crucial to conduct thorough research and consider professional financial advice before making any investment decisions. #Write2Earn #TrendingTopic #BTC

3 days ago
Bitcoinworld
Bitcoinworld
followers

The global crypto sector’s market capitalization is currently at $2 trillion and the industry is projected to grow by around 8% over the next five years. The impressive set of figures underlines the fast pace at which crypto assets are now entering mainstream finance.  Developments like the launch of crypto ETFs in the US have helped democratize access to these blockchain-driven assets. However, a large part of the world is still shying away from exploring cryptocurrencies due to a myth – cryptocurrencies are expensive.  A simple web search can bust this myth and provide multiple budget-friendly options. These options include coins like InQubeta (QUBE), Dogecoin (DOGE), Shiba Inu (SHIB), Tron (TRX), and Stellar (XLM). These are some of the best altcoins that you will find in the market today and can even offer the benefits of diversification. To know more about why these tokens are so highly recommended, here’s a description of the key features of these interesting ecosystems.   1. InQubeta: Strengthening the network of AI startups InQubeta is an Ethereum-based platform where startups can find resources for business growth and scale their AI projects. These resources can help them find funding opportunities, seek guidance from experienced professionals, and create the right buzz for their brand. By leveraging InQubeta, startups can work on new AI-led projects without being concerned about how they can fund them. To avail of any feature of the platform or make a transaction, buyers will need to use its native cryptocurrency known as the QUBE token.  The QUBE token’s supply has a cap of 1.5 billion and around 65% of it is meant for sale. It was launched in 2023 and was among the top ICOs of the year. Its ICO has so far raised over $9.7 million.  The token is not only a model of payment but also a tool of empowerment for both crypto users and startups. The token can be staked to earn passive income. By staking their assets, token holders contribute to the blockchain’s growth.  In exchange, they receive passive income for as long as their token remains locked in InQubeta’s liquidity pool. The staking rewards are paid from a separate pool that’s financed by tax collections. QUBE is used for investing in startup projects through InQubeta’s NFT marketplace. The NFTs traded at the portal are created from the offers submitted by startups in need of funds.  These offers will have all information about the project and how it will benefit the investor.   NFT buyers can choose to purchase either the whole asset or a fraction of it.  The token is built on a deflationary model which means its returns do not plummet when the market is in red. A deflationary asset’s supply is regulated according to market conditions to minimize price fluctuations and keep its value stable. If there is an uptick in inflation, the supply is reduced and crypto users will find it difficult to buy the QUBE token. The scarcity also boosts its price, even if the returns on other assets are dipping. Any increase in the supply in such times is countered by burning unwanted tokens. InQubeta finished 2023 on a high note, thanks to its stellar cryptocurrency ICO. After ensuring a dream start for the project, the team is now busy planning for the future. In its roadmap, the team has outlined several new initiatives that will ramp up the platform’s reach.  These projects include a new staking dApp to make staking services more accessible. Another initiative on the cards is getting the QUBE token listed on centralized exchanges. Join InQubeta Presale   2. 400 million Dogecoin tokens moved to Robinhood Dogecoin is a meme coin inspired by dogs. Its native token is DOGE and the network is secured with the proof-of-work consensus protocol. The token is simple to use and is likely to end your worries about which crypto to buy today for the long term.  The peer-to-peer platform has an open-source code and its network is maintained by a network of nodes.  The meme coin recently hit the headlines after a whale transferred around 1 billion DOGE tokens to multiple platforms including brokerage firm Robinhood. According to data collected by WhaleAlert on February 15, 2024, an anonymous crypto trader moved 1,081,987,848 tokens to different addresses in around six transactions. Of the lot, 400 million DOGE tokens – worth around $34,000,000 – were sent to Robinhood.    3. Shiba Inu’s lead developer outlines major upgrades Shiba Inu is an animal-themed cryptocurrency that cashes in on the popularity of the Japanese dog breed Shiba Inu. For all transactional purposes, the team has created the SHIB token but for governance, the BONE token is used. A third token, LEASH, has also been created to reward long-time supporters of Shiba Inu.  One of the most popular offerings by the Shiba Inu team is an NFT series ‘Shibosis’. The series comprises 10,000 NFTs inspired by dogs and each one has distinct characteristics. These creatures will be playing a pivotal role in Shiba Inu’s upcoming ‘Shiboshi Game’. The team has been in the news because of its Ethereum-based Layer 2 blockchain ‘Shibarium’. The platform uses the BONE token for all kinds of payments which are confirmed with the proof-of-stake consensus algorithm. Shiba Inu has made it to 2024’s list of best altcoins with a vibrant ecosystem. It’s no longer just a meme coin but a rapidly expanding network of DeFi products.  Its team of developers is also coming up with new upgrades that can make Shiba Inu more accessible. The platform’s lead developer Shytoshi Kusama recently unveiled some key upgrades that will be implemented on multiple projects. Announcing the upgrades in Shib Magazine’s latest edition, Kusama delved into progress made after the meme coin collaborated with D3 Global to roll out the Shib Name Service.    4. Tron founder unveils roadmap for Bitcoin-based Layer 2 solution Tron has been designed to facilitate the decentralization of the Internet with blockchain-based solutions. The Tron ecosystem has multiple offerings which include a Web 3.0 wallet, a crypto exchange, and a blockchain explorer, among others.  Its native token TRX is used for availing these services or settling payments on the platform. All TRX transactions are authenticated with the proof-of-stake consensus protocol. Its code architecture has three levels – storage, core, and application layers. The three-layer architecture enables developers to create diverse and customized dApps. Tron has been able to outperform several new altcoins by incentivizing user participation through its super representatives (SRs) program. All TRX holders are eligible to become SRs and their partners. These token owners produce blocks and bundle transactions together. In exchange, they get voting rights and block rewards. Using their voting rewards, SRs can initiate proposals for protocol changes. A reason why Tron is considered to be a leading blockchain network is that it’s always evolving with the times. In a recent development, Tron founder Justin Sun posted a roadmap for building a Bitcoin Layer-2 solution.  The announcement comes at a time when Bitcoin ETFs are a rage. These financial products were rolled out in the US in January. Despite concerns about the legal aspects of BTC ETFs delaying their launch, these funds opened to record investor flows. In his post on X, Sun shared that he aims to promote decentralization and integration of different tokens within the Tron and Bitcoin ecosystems. The project would boost Tron’s interoperability and tap into the Bitcoin-based stablecoin sector which includes names like Bitcoin ordinals.   5. Yellow Card to introduce USDC on Stellar  Widely regarded as one of the top cryptos to invest in this year, Stellar is a public blockchain where developers can find tools to create solutions for the real world. The dApps and DeFi solutions powered by Stellar serve the purpose of cash in a digital-first world.  It has an edge over other blockchain systems in terms of speed, cost-effectiveness, and energy efficiency. Using its tooling, in-depth documentation, and community support, developers can deploy powerful dApps. Its native token is XLM and it’s the official medium of exchange within the Stellar ecosystem. It’s a good crypto to buy as developers can use it to create solutions for different user groups. The blockchain can power online payments that are secure, cheap, and can be finalized instantly.  It also has a network of global anchors which facilitates seamless exchange between crypto assets and fiat currencies. The anchor network comprises over 180 nations which can be leveraged for exchanging more than 20 assets. The network can be used for international payments and on and off-ramps. Developers and businesses can explore Stellar’s tokenization services. It can be used for creating and managing digital assets like stablecoins. Stellar has been able to drive global impact through its series of partnerships and initiatives. Recently, Yellow Card announced that it will introduce USDC on the Stellar blockchain. The move would boost the popularity of USDC, a stablecoin pegged to the US Dollar. Yellow Card is the biggest licensed stablecoin on/off ramp in Africa. The integration can pave the way for faster and easier transactions with cryptocurrencies. Experts claim that the availability of USDC on the Stellar network can drive crypto adoption in the African region. Issued by Circle, every USDC token is backed by a dollar which is maintained in reserves by regulated financial institutions.    Conclusion These five budget-friendly cryptocurrencies have busted the myth that one needs a big bank balance to explore cryptocurrencies. These tokens are among the top crypto coins that buyers can find in today’s market and have user-friendly interfaces that draw people from different backgrounds.  Tron and Stellar are considered developer-friendly tokens, but meme coins like Shiba Inu and Dogecoin reflect the innovative and quirky side of the crypto market. InQubeta is powering the future of AI innovation and has been included in analyst-recommended presales. These five cryptos can be added to build a well-balanced portfolio for the long term.  While the crypto market is an attractive space, users should always research a token before making a purchase. Due diligence can help them understand potential risks and make well-informed decisions. Visit InQubeta Presale  The post 5 Budget-Friendly Cryptos appeared first on BitcoinWorld.

3 days ago
CryptoNewsLand
CryptoNewsLand
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In 2021, lucky Shiba Inu investors saw their $1000 investment turn into millions, thanks to SHIB’s meteoric 53,241,775% price increase that year. Now, one of those early SHIB investors is moving his winnings into a new cryptocurrency called Retik Finance (RETIK), hoping lightning will strike twice. Retik Finance: The Next Millionaire-Maker?   Retik Finance offers a suite of DeFi products, including debit cards, a wallet, payment processing services, P2P lending, and derivatives trading. According to the SHIB millionaire investor, who wishes to remain anonymous, Retik Finance shows the same early signs of hyper growth potential that first attracted him to Shiba Inu. “I got lucky once with Shiba Inu, but it wasn’t just luck,” he says. “I could tell from the community excitement that it had enormous growth ahead, even if the token lacked real utility at the time. Retik Finance gives me the same vibe – plus real-world use cases to back up the hype.” At the time of writing, Retik Finance’s RETIK token is selling for $0.12 in its 10th presale stage, up from $0.02 at launch. The token will list for $0.15, representing a potential 25% gain for presale buyers when it lists on exchanges. And that’s just the start, hopes the SHIB investor.  DeFi Gamechanger? What makes Retik Finance so special in the eyes of investors? As a one-stop DeFi ecosystem, Retik aims to make cryptocurrency more accessible for real-world use. Features like cheap payments, crypto-backed debit cards, and a user-friendly mobile interface could enable mainstream adoption beyond typical crypto speculation. Specifically, Retik’s features include: – DeFi Debit Cards: Allow users to spend crypto anywhere major credit cards are accepted, online and offline, with additional rewards. – Payment Gateway: Enables merchants to accept crypto, expanding payment options.   – Non-Custodial Wallet: A secure multi-chain wallet giving users full control over assets. – Swap Aggregator: Finds optimal swap rates across DEXs to maximize returns. – P2P Lending: AI-powered lending platform connects borrowers and lenders.  – Perpetual Futures & Options: Enables derivative trading directly within the app. This comprehensive suite of user-friendly DeFi products distinguishes Retik Finance from other crypto projects focused on just one vertical. And it’s attracting major attention from investors hunting the next parabolic success story. Of course, as seasoned crypto investors know, explosive growth is never guaranteed. But for those willing to risk a small sum like $200 for the chance to turn it into a fortune, Retik Finance presents an intriguing speculative opportunity. At the very least, Retik’s ecosystem of usable DeFi solutions gives its RETIK token real long-term utility potential, unlike pure meme coins. Only time will tell whether Retik Finance can deliver Shiba Inu-like returns to bold early investors. However, for our lucky SHIB millionaire, the chance to repeat his life-changing success is well worth taking. Conclusion As speculative manias for meme coins like Shiba Inu cool off, investors are searching out fundamental utility to drive the next wave of hypergrowth crypto assets. Retik Finance, with its comprehensive suite of DeFi solutions for payments, investing, and financing, hopes to be one such fundamental player. Early investors like our SHIB millionaire see Retik as having similar profit potential to those incredible but fleeting meme coin gains. While nothing is guaranteed, bold investors may want to research Retik’s ecosystem and consider taking a small position ahead of the listing. because, as we all saw in 2021, parabolic rallies do happen, and fortunes stand to be made for those brave enough to seize the opportunity early. Click Here To Take Part In Retik Finance Presale Visit the links below for more information about Retik Finance (RETIK): Website: https://retik.com Whitepaper: https://retik.com/retik-whitepaper.pdf Linktree: https://linktr.ee/retikfinance The post Early Shiba Inu Investor Who Turned Millionaire in 2021 Moves to an Emerging Crypto at $0.12, Anticipating Similar Gains to SHIB’s Historic Rise appeared first on Crypto News Land.

3 days ago
CoinDesk
CoinDesk
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Nvidia's fourth-quarter earnings could trigger a broader correction for equities and crypto if it fails to live up to the hype. AI-related tokens such as OCEAN and FET may also trade off Nvidia's earnings and outlook for the sector. The bitcoin {{BTC}} and the broader crypto rally could come to a halt if Nvidia's {{NVDA}} fourth quarter earnings fail to live up to the lofty Wall Street expectations, Singapore-based QCP Capital said in a recent note. "A key event today that could trigger a wider correction is Nvidia earnings which will be released after the US close," QCP wrote in a note. "As a major part of the S&P500 Index, Nvidia's performance could set the tone for US equities in the near-term." Nvidia, the GPU giant that designs chips necessary for the AI revolution, is set to report its earnings on Wednesday after the market closes in the U.S. The chip-maker's stock is up nearly 220% over the last year. The market will be sharply focusing on the potential for the stock to sustain the face-melting rally. In fact, the rally has been so hot that Goldman even called it "the most important stock on planet earth" as options traders are betting on a move in either direction of 11%. "Nvidia is currently trading at 90x P/E and Q4 earnings expectations have been adjusted higher recently," QCP said. For comparison, Amazon.com (AMZN) currently trades at 52.4x and Tesla (TSLA) at 57.7x price-to-earning (P/E) ratio, according to FactSet data. With such a high valuation, the margin of error is very slim. "At these valuation multiples and high expectations on earnings, any disappointment could see a sell-off. That would certainly put a drag on U.S. equities and crypto prices as well," QCP continued. Another crypto sub-sector that could see a volatile trading session from Nvidia's earnings is the artificial intelligence (AI) -related tokens such as Ocean Protocol’s OCEAN and Fetch.AI’s FET. Given the influence the chip maker has on the sentiment of the AI industry, crypto traders will be keeping an eye on assessing Nvidia's outlook on the sector and trade accordingly. Read more: AI Tokens Rally as OpenAI’s Sora Brings Renewed Hope to the Sector Analysts also stress how much of Nvidia's growth relies on the server industry at the core of the AI revolution. Data from IDC shows that the global PC market is facing short-term challenges, with 2023 shipment volume expected to decline by 13.8% after a 16.6% drop in 2022, marking two consecutive years of double-digit declines. However, IDC forecasts a rebound starting in 2024, driven by factors such as a commercial PC refresh cycle, AI integration, and recovery of the consumer installed base, leading to a projected growth of 3.4% in 2024 and a compound annual growth rate of 3.1% from 2023 through 2027. Meanwhile, Taiwan-based Digitimes Research recently wrote that the computing sector's growth will plateau due to saturated PC and notebook demand, but emerging data centers are key to the future of chip companies like Nvidia, boosting server shipments and HPC chip demand. Nvidia's stock is down 7% in the last week and is currently trading around $680. The majority of the Wall Street analysts have a buy rating on the stock with an average 12-month price target of around $751, according to FactSet data. Bitcoin is trading at $51,200, down 0.4% in the last 24 hours, according to CoinDesk Indicies data, while the CoinDesk 20 Index (CD20), which measures the performance of the largest 20 digital assets, is down 1.9%. Read more: Bitcoin Options Trader Takes $20M Bet to Hedge Against Prices Dropping to $47K

4 days ago
Cryptopolitan
Cryptopolitan
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In the realm of AI stocks, Nvidia stands at the forefront, poised to continue its remarkable trajectory of earnings growth. As Wall Street anticipates the chipmaker’s earnings call this week, expectations are high, with analysts projecting revenues nearing $20 billion for the quarter. Nvidia’s pivotal role in the burgeoning generative AI space has not only solidified its position but also ignited investor enthusiasm as its stock surges. Earnings projections and market dominance Nvidia’s forecasted revenues of approximately $20 billion for the quarter have captured the attention of investors worldwide. Analysts foresee the potential for Nvidia to surpass these projections, continuing its impressive track record of outperforming expectations. The company’s stronghold in the generative AI sector, driving advancements in language models, data analytics, and cybersecurity, underscores its significance in the tech landscape. Amidst heightened demand, particularly from tech giants like Meta, formerly Facebook, Nvidia’s data center and AI business have emerged as dominant revenue drivers, surpassing its traditional graphics card segment. This exponential growth trajectory has propelled Nvidia’s stock to unparalleled heights, marking it as the hottest stock on the S&P 500 index. Nvidia’s unparalleled strategic alliances and synergistic collaborations have served to exponentially fortify its unparalleled eminence within the market sphere. Through concerted partnerships with preeminent technological titans and esteemed research entities, Nvidia has adeptly propelled itself to the vanguard of the industry, thereby cementing its indisputable status as a trailblazer in the realm of artificial intelligence technology. AI stocks competitive landscape and future outlook As Nvidia continues to lead the charge in AI innovation, competitors like AMD, Intel, and Tesla are racing to develop their own AI chip solutions. Despite the looming competition, Nvidia’s established presence and technological prowess position it favorably in the market. The sustained demand for AI chips, coupled with Nvidia’s robust product offerings and strategic partnerships, signal a promising outlook for the company’s future growth prospects. While the tech landscape evolves with new entrants and innovations, Nvidia remains steadfast in its commitment to driving advancements in AI technology. Nvidia’s unwavering dedication to the pursuit of groundbreaking research and development endeavors stands as a testament to its steadfast commitment to delivering a constant influx of state-of-the-art offerings, meticulously tailored to cater to the ever-evolving requisites of the burgeoning AI landscape. Through its relentless drive to incessantly push the envelope of ingenuity, Nvidia proudly maintains its unparalleled position as a pioneering force driving transformative technological progressions. The future of AI stocks hangs on Nvidia’s earnings call As the eagerly anticipated moment approaches for Nvidia to unveil its earnings report, investors are poised with bated breath, eagerly anticipating a comprehensive glimpse into the company’s operational efficacy and prospective trajectory. With prognostications forecasting unprecedented revenue surges and unabated supremacy within the dynamic AI domain, Nvidia’s stock symbolizes a guiding light of hope amidst the perpetually shifting currents of the market milieu. Against a backdrop of escalating competition and fluid industry dynamics, the pressing inquiry arises: Can Nvidia persist in its current trajectory and unequivocally reshape the contours of AI technology’s future landscape? In light of Nvidia’s unparalleled growth trajectory and market dominance, the implications of its earnings call extend far beyond financial metrics, shaping the narrative of AI innovation and technological advancement for years to come.

5 days ago
The Defiant
The Defiant
AI + Crypto: It’s Time To Pay Attention - The Defiant
5 days ago
CaptainAltcoin
CaptainAltcoin
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The cryptocurrency markets experienced notable price fluctuations over the past 24 hours, with leading assets like Bitcoin and Ethereum seeing decreases. According to CoinMarketCap data, the total crypto market capitalization currently stands at $1.96 trillion, down 0.89% daily. Bitcoin’s price dropped 1.62% to $51,206 during this period. As the most prominent digital currency, Bitcoin often sets the tone for overall market sentiment. Other altcoins has also witnessed single digit price loss in the last 24 hours. Bitcoin seems to have cooled down its rally, while Ethereum dropped after regaining the $3,000 level. Likewise, second-ranked cryptocurrency Ethereum retreated modestly by 0.17% to trade at $2,913. This capped a week of rangebound action for ETH around the key $3,000 support level. Investors managing positions Multiple factors appear to be responsible for the recent crypto retracement. Investors and traders managing positions amidst inherent volatility in the nascent asset class remain one driver. Additionally, anticipation surrounding the upcoming Nvidia earnings report seems to be impacting valuations. Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger! The key? Getting in early, especially during the IDO phase. Get in on NuggetRush now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the current ICO prices! Show more +Show less – As a leading technology hardware manufacturer, Nvidia’s quarterly results will provide clues around AI chip demand. This connects with the recent explosion of interest in AI-driven cryptocurrencies since the recent OpenAI video chatbot launch. So crypto markets may see sensitivity to tech sector developments ahead of Nvidia’s financial disclosures. Overall, today’s downturns underscore the complex array of variables now influencing digital tokens. Sentiment and risk appetite fluctuate dynamically across investor types. Macroeconomic conditions and traditional tech sector performance also correlate more closely with crypto as adoption advances. Bitcoin and Ethereum serve as bellwethers for these complex forces colliding. Their stability near recent support levels, along with the ability to recover losses, will indicate whether bearish convictions persist on the margins. But as always with decentralized assets, surprises abound on both the upside and downside. You may also be interested in: ‘Ethereum Will Likely Outrun Bitcoin (BTC) This Week’, Analyst Forecasts Next Leg Up for ETH Japan’s Jasmycoin Price Soars Amid Whale Movements: Can JASMY Hit New ATH? Pay Attention To This Metric BlockDAG’s $2 Million Giveaway and 5000x ROIs Pull in Investors from ScapesMania and Solana Check NuggetRush ($NUGX) Sponsored: Invest Responsibly, Do Your Own Research. Buy NUGX Today Being in its ICO stage, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices A unique play-to-earn gaming platform in the memecoin market The platform combines artisanal and gold mining with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience Fosters a strong community by encouraging physical meetups among members NFT Integration with Prominent Characters The post Why Is The Crypto Market Down Today? appeared first on CaptainAltcoin.

4 days ago
The Cryptonomist
The Cryptonomist
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Polygon (MATIC) seems to be showing some negative performance compared to its crypto rivals. In the last 12 months, in fact, MATIC is down -32%, while other layer-2 coins rivals, such as IMX, OP and SKL are all up in price. Polygon (MATIC) and its negative performance compared to rival layer-2 cryptos According to what observed, it seems that Polygon (MATIC) is showing a rather negative price performance compared to its rival layer-2 cryptos. And indeed, the price chart of MATIC shows a dump of -32% in the last 12 months. At the time of writing, MATIC is worth $0.95, compared to $1.38 a year ago.  As is well known, Polygon is the layer-2 of Ethereum, known for its low costs and higher scalability compared to Ethereum’s main blockchain. However, some argue that the crypto MATIC was overvalued during the 2021 bull run and that these are the real results.  Not only that, compared to Polygon, there are also other layer-2 cryptos that seem to be experiencing price pumps in the last 12 months. An example is the cryptos IMX, OP, and SKL, which have increased by +216%, +46%, and +50% respectively. MATIC, which remains in 14th place for market capitalization, is not even following the general trend of cryptocurrencies anymore. In fact, the price of Bitcoin (BTC) is now up +108% compared to a year ago, and Ethereum (ETH) itself is up +75%.  Polygon (MATIC): the crypto loses market share and interest compared to its 2021 The loss of interest in Polygon by traders compared to the trend of 2021, could be based on the effect of the Ethereum Dencun update, scheduled for March 12th. This upgrade favors ZK-rollup technology, but will not allow Polygon to reduce costs, unlike the other L2 solutions Arbitrum and Optimism.  In this regard, Katie Talati, research director at the digital asset management company Arca, emphasized the reasons why Polygon is underperforming: The upcoming Ethereum Dencun update will reduce costs for Layer 2 to send data to the Ethereum mainnet. Although Polygon will benefit from the update, other L2s like Arbitrum and Optimism, which use optimistic rollups, will see more significant cost reductions, causing a rally in these L2s. Most of the costs for optimistic rollups come from forwarding transaction data to Ethereum (which is what Dencun will reduce), but they hardly publish fraud proofs. On the other hand, Zk rollups publish fraud proofs much more frequently and therefore would not see the benefits of reduced transaction data costs. The second reason for underperformance is that Ryan Wyatt, the former president of Polygon, left last year to become Head of Business Development at Optimism. Many believe Wyatt was responsible for Polygon’s major partnerships and his departure was a blow to Polygon’s growth efforts” Staying on the topic of competitors, for Kenny Hearn, chief investment officer of SwissOne Capital, MATIC is in dump also due to the emergence of Arbitrum (ARB), especially in DeFi trading.  Partnerships will continue even in 2024 Despite MATIC crypto not performing for over a year, Polygon Labs continues to forge new partnerships even in this 2024. Here are some.  At the beginning of the year, Polygon announced its collaboration with Fox Corporation to introduce Verify, an innovative multimedia platform based on blockchain. This is a solution that tracks multimedia content and facilitates the negotiation of licensing agreements with AI companies. Not only that, the famous crypto company Immutable launched at the end of January, a new ZkEVM network based on Polygon, which aims to be the only blockchain designed and developed for Web3 gaming. Even Friendzone, a promising social market, is getting ready to start its operations on the Polygon PoS blockchain from February 26th. In practice, here, Polygon will serve to build social apps. Friendzone has also announced its intention to expand its scope to Polygon zkEVM.

4 days ago
Si_Angel
Si_Angel
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Trader Turns $137 Into $176,000 With SORA Token; Here’s How An unidentified cryptocurrency trader managed to turn $137 into over $176,000 by trading the SORA token. At the current exchange rate. According to the cryptocurrency transaction tracker Lookonchain on its X account (formerly Twitter), the trader achieved a total gain of 1,280 times. The investor reportedly spent a total of 0.049 ETH, or $137, to purchase 16 million SORA tokens. They then sold 12.36 million tokens for a total of 36.57 ETH, equivalent to $102,492. Thus, with the remaining 3.64 million SORA tokens worth $74,000, the trader made a total profit of approximately $176,000. Trader Profits 1,280 Times Investing in SORA Token The SORA token, launched shortly after OpenAI's announcement of the innovative Sora model, a sophisticated text-to-video generator capable of producing realistic visual content based on textual prompts, saw an increase in interest and value. Despite being launched after OpenAI's announcement about Artificial Intelligence, the SORA token is not affiliated with the development team. It is not an underlying asset of the AI project. The recent release of OpenAI's Sora model catalyzed a resurgence of interest in AI-related tokens. Following the launch, several AI tokens appreciated in value. The LPT token from the Livepeer project, a decentralized video streaming protocol, surged by 60% after the release. AGIX, the token powering the blockchain-based Artificial Intelligence platform SingularityNET, saw a 30% increase. The trading volumes of these tokens also spiked, stirring excitement in the community. Always do your own research!! #CryptoNews🔒📰🚫 #crypto2024

5 days ago

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