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The Daily Hodl
The Daily Hodl
Bank of America Suffers Massive Data Breach, Exposing Social Security Numbers, Addresses and Additional Sensitive Data To Hackers - The Daily Hodl
8 days ago
Cryptoo Man
Cryptoo Man
followers

Missed $TAO before 10x? Missed $NMT before 100x? AI is the future, and it's taking over now. Invest $100 in AI tokens today = $10,000 later Check out the list of AI Projects with 10-100x potential 👇🧵 @LayerAIorg - $LAI ($GPT on Bybit) LayerAI is the ZK Layer-2 blockchain that powers the AI revolution and lets you own the monetization of your AI data. $LAI token is the first of its kind multi-value gas token. Beyond gas function, $LAI stakers can validate the network and unlock discounts across a variety of ecosystem products. $LAI ❖ Price: $0.023 ❖ Market Cap: $4.22M @NetmindAi - $NMT NetMind Power is a platform for Machine Learning and AI training, fine-tuning, and inference aimed at democratizing AI computing power. $NMT is the native utility token of the NetMind Power ecosystem. $NMT ❖ Price: $3.49 ❖ Market Cap: $374.75M @autonolas - $OLAS Autonolas provides a unified platform for services such as automation, oracles, and co-owned AI. This AI platform operates and requires little to no input from humans by design - enabling true autonomy. $OLAS token is used for Oracles, Liquidity, Profit-Sharing, Staking, and Governance. $OLAS ❖ Price: $5.26 ❖ Market Cap: $259M @SleeplessAI_Lab - $AI Sleepless AI is building a Web3 gaming platform that blends AI with blockchain technology. $AI token is used for in-game item purchases and as the governance token in the SleeplessAI ecosystem. $AI ❖ Price: $1.77 ❖ Market Cap: $230.2M @zignaly - $ZIG Zignaly is a marketplace where over 500,000+ users connect with 150+ Top Traders hand-picked by AI. $ZIG is a DAO governance token for Zignaly, and income from ZigDAO is received in $ZIG tokens. $ZIG ❖ Price: $0.07 ❖ Market Cap: $100.6M @OpSecCloud - $OPSEC OpSec Cloud is an AI cloud computing platform for building, maintaining, and operating blockchain technology, ensuring security and privacy. $OPSEC token will be used in OpSec Ecosystem, including OpSecCloud Bot, OpSecure Mesh, OpSec Cloudverse, and DeepSec AI. $OPSEC ❖ Price: $0.57 ❖ Market Cap: $57.68M @AITProtocol - $AIT AIT Protocol is the world's first AI data infrastructure, placing significant emphasis on data annotation and AI model training. $AIT is the native and governance token of the AIT Protocol ecosystem. It's used for paying subscription fees, data processing, AI rental, and Launchpad. $AIT ❖ Price: $0.79 ❖ Market Cap: $40.08M @oraichain - $ORAI Oraichain is the world's first AI-powered blockchain oracle and ecosystem. They focus on building an advanced AI Layer 1 for the Data Economy and Oracle services — a foundation for smart contracts and dApps. $ORAI secures and powers the decentralized oracle network of validators within the Oraichain ecosystem. $ORAI ❖ Price: $8.66 ❖ Market Cap: $134.5M Like and Follow for more useful content $AI $BTC #InvestmentStrategies #tokens #TrendingTopic #Write2Earn

3 days ago
Cointelegraph
Cointelegraph
followers

Converting cryptocurrency to fiat has never been easy, so the recent collaboration announced between Web3 infrastructure firm Transak and credit card giant Visa is probably welcome news — particularly for users of crypto wallets like MetaMask, Ledger and Trust Wallet. As Cointelegraph reported in late January, “MetaMask users can now sell crypto directly to a Visa card.” Some 40 kinds of crypto can now be converted into local fiat currency at 130 million of Visa’s merchant locations across 145 countries. The numbers alone are daunting, but this may also be an inflection point. “Visa and Mastercard’s reengagement with the crypto sector marks a pivotal turn in the industry’s trajectory,” Antoni Trenchev, co-founder and managing partner at Nexo, told Cointelegraph recently. “It’s big news for people already using crypto to pay for things — now they have more options and, arguably, better options with how to make these types of payments,” Joanna Wasick, partner at law firm BakerHostetler, told Cointelegraph. That said, it wasn’t that long ago that Visa appeared to be stepping back from crypto. Almost exactly a year ago, Reuters declared that “Visa and Mastercard are slamming the brakes on plans to forge new partnerships with crypto firms” — though Visa later took issue with Reuters’ assertion. “This strategic recalibration is not surprising, even with Visa’s distancing itself from crypto a year ago,” said Trenchev last week. “With market uptake, especially with climbing Bitcoin prices, an approved Bitcoin ETF [exchange-traded fund] and an upcoming ‘halving,’ we’re witnessing the nascent stages of a bull market in crypto,” continued Trenchev. Visa and Mastercard don’t want to miss out, arguably. As dramatic and sudden as the announcement may have seemed, it is actually part of a larger process that has been going on for some time. “Visa’s decision to enable real-time card withdrawals is the latest step in the monetization of cryptocurrencies,” William Luther, associate professor in the Department of Economics at Florida Atlantic University, told Cointelegraph. A loss for centralized exchanges? Still, in a dynamic economy — where “creative destruction” is the norm — there are often losers and winners. What does this mean for centralized crypto exchanges like Coinbase and Binance? If Visa can convert a holder’s crypto directly into fiat, why does that individual even need a cryptocurrency exchange? “More users are choosing to directly engage with Web3 through decentralized applications rather than centralized exchanges,” or CEXs, Sami Start, co-founder and CEO of Transak, told Cointelegraph. Asked about the volume of recent crypto withdrawals to Visa cards, Start declined to provide segmented data, but he did say that the firm’s off-ramp transactions — including Mastercard and Visa transactions — “have experienced a growth of approximately 24.27% from December 2023 to January 2024.” Recent: CBDCs: User privacy problem or currency of the future? The threat to centralized crypto exchanges could be exaggerated, however. “The notion that this advancement might disadvantage CEXs and platforms is oversimplified,” said Trenchev. Visa and Mastercard’s involvement in decentralized finance (DeFi) is likely to promote broader cryptocurrency adoption — “which benefits the whole industry.” CEXs still have a play to role. They are “vital in scaling,” continued Trenchev, whose firm was a pioneer in offering a crypto-backed Mastercard in parts of Europe several years back. They provide a degree of reliability, accessibility and security that many DeFi platforms still don’t offer. He added: “The appeal of self-custody in DeFi is clear, but it comes with risks, such as lack of insurance.” Both DeFi and CEXs contribute to the growth of the blockchain ecosystem, Trenchev maintained, and “their successes are mutually beneficial.” Importance of network effects Clearly, there is much more discussion now about crypto as a medium of exchange, which was not the case in the depths of the crypto winter. The biggest hurdle that “would-be” monies face coming out of the starting gate is what economists call “network effects,” explained Luther. They’re not likely to be useful unless your trading partners are willing to use them, and at the outset, few parties are willing to do so, he said, adding: “Intermediaries like Visa have the potential to eliminate the network effect problem. By converting your preferred cryptocurrency on the fly to your trading partner’s preferred money, [they can make a new] medium-of-exchange much more useful.” Visa isn’t the first to take this step. Xapo began offering a Bitcoin (BTC) debit card in 2014. “But Visa supports more cryptocurrencies and boasts a very big network. That’s a big deal,” added Luther. Trenchev seconded this notion that traditional financial firms, including the credit card giants, have been building salients into the crypto world for some time. In 2021, Mastercard purchased CipherTrace — a leading cryptocurrency intelligence company — to enhance its crypto capabilities, while in June 2023, Mastercard announced its Multi-Token Network, an initiative “designed to make transactions within the digital asset and blockchain ecosystems secure, scalable and interoperable,” according to the firm’s executive vice president Raj Dhamodharan. We’re introducing Mastercard Multi-Token Network to make transactions within this ecosystem secure, scalable and interoperable as part of our commitment to support the wider #digital asset industry. https://t.co/Vb1JtnSTjx#blockchain pic.twitter.com/MwkkxbyAuk — Mastercard News (@MastercardNews) June 29, 2023 Visa began supporting the Circle’s USD Coin (USDC) in certain Visa cards in 2020 and followed up in September 2023 by supporting USDC payments settled on the Solana blockchain. Building new connections is what such firms are designed to do. “The core strategy of the payment rails like Visa and Mastercard is to be the network of networks, penetrating any and all venues where exchange takes place,” Lex Sokolin, managing partner at venture capital firm Generative Ventures, told Cointelegraph. “Integrating into the networks of Web3 is the most natural thing for these companies,” said Sokolin, “even less ‘risky’ than it is for asset managers to sell crypto as an investment product.” The question is no longer whether crypto will be a part of mainstream payments and financial services, but rather, how big a part crypto will play, Wasick observed, adding: “So while crypto might still be a relatively small part of payments and financial services — as compared to cash, say — crypto’s dent is getting deeper.” Betraying core principles? Much work still awaits. Some worry about security or loss of privacy. Others fear a growing trend toward financial centralization, which crypto was designed to counter. There are also compliance and tax questions. “I think the primary reason why crypto holders — at least American holders — balk at using crypto for payments is the same as it has been for years: United States tax law,” said Wasick. People don’t want to have to think about tax ramifications every time they purchase a cup of coffee. “But doing it directly with a payment platform like Visa is arguably easier than prior payment methods.” Some crypto purists may view the entry of credit card giants into the space as a further betrayal of the original promise of Bitcoin and other cryptocurrencies for decentralized money beyond the control of any single party, company or government. Luther gave voice to something along these lines. While welcoming the support of Visa and Mastercard, “I also think it is important to recognize the shortcomings.” Yes, they will make it easier to use cryptocurrencies to buy things, “but they do so at the expense of some of crypto’s promise.” More specifically: “They tend to reduce — and, in some cases, completely eliminate — the financial privacy and censorship-resistant features of cryptocurrencies.” Those features are important, Luther added, and he hopes that future developments “will make it easier to use cryptocurrencies in routine transactions while preserving a high degree of anonymity.” Instilling confidence? Finally, what does all this mean in terms of adoption? Crypto adoption is still relatively low — at least as a percentage of the world’s population. And those who own it are often “just holding cryptocurrencies in hopes of price appreciation,” Luther added. But there is another way of looking at things. In this view, crypto is already a part of mainstream payments and financial services. “Some institutional investors hold cryptocurrencies. We have access to crypto futures and ETFs,” said Luther, and a soaring number of payment apps are making sending and receiving cryptocurrencies easier than ever. Related: Is a US stablecoin bill just around the corner? Visa’s new collaboration is also significant because of the impact that it could potentially have on people who, until now, have been hesitant to embrace cryptocurrencies — i.e., not just current wallet holders. The giant credit card companies could give crypto fence-sitters the confidence to act. If so, a sort of virtuous cycle could emerge because as “people become more comfortable with payment solutions, those solutions become more ubiquitous,” said Wasick. “There’s still a long way to go,” Luther summarized. “But cryptocurrencies have come a long way already.”

3 days ago
Crypto Daily™
Crypto Daily™
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Major crypto tokens are trading in the red in today's trade, primarily influenced by diminishing expectations of early interest rate cuts from the Federal Reserve. Investors eye the coming minutes from the US central bank's last meeting which, many believe, will provide critical insights into future policy directions. Amidst this cautious backdrop, Bitcoin recently experienced a rollercoaster ride, surging to a new yearly high of $53,000, only to retrace back to $50,750. This fluctuation was attributed to a combination of peaking open interest and unfavorable funding rates for bullish positions. Although it rebounded to $51,000, it's Ethereum's resilience that caught the market's eye, with its price surpassing the $3,000 mark and holding steady, fueled by the anticipation of a spot ETF approval in the US and progress in its network upgrade. In this complex tapestry of market movements, DeFi blockchains Sei (SEI) and Sui (SUI) have not been immune to the market's vicissitudes, with both tokens experiencing a plunge of over 5% in today's trading session. However, in the midst of these broader market fluctuations, there's a growing buzz around ScapesMania (MANIA), a project that has recently concluded its presale stage. As the crypto community eagerly awaits its impending Token Generation Event (TGE) and anticipated DEX listing, there's a palpable sense of expectation that MANIA might open new avenues for a wider array of crypto investors. Ride The Wave of Innovation with ScapesMania The ScapesMania public sale wrapped up, becoming the talk of the crypto community. The project managed to secure over $6,125,000 at an unprecedented rate and there’s a strong probability that the token's value might increase exponentially in the future. The spotlight has shifted to the Token Generation Event (TGE) coming up on February 25 – March 09. The pool of tokens is smaller than it was before, the conditions are better than the market average, so the chance to maximize your potential returns is quickly diminishing. Letting it slip now would be a huge waste, especially since your chance to join is only a click away. Your Last Chance to Boost Potential Returns Post Listing The team behind ScapesMania, with years of expertise, has crafted a robust post-listing marketing strategy. Buyback, burn, staking, and all the perks for holders keep attracting new adopters while also ensuring a high level of community engagement. Through DAO governance, backers will be able to influence and benefit from a growing industry. Moreover, the token's utility is impressive. It's not another meme coin whose success relies heavily on trends and hype. ScapesMania ($MANIA) is a well-balanced, meticulously designed project that acts as a gaming ecosystem. As a player in the multi-billion casual gaming industry, it leverages the market's growth potential. Post-debut, holders can anticipate greater liquidity and easier trading. A solid token management plan will further increase longer-term growth potential.  The community's excitement about the project is evident so far: the follower count has reached 60K+. Also, the growing interest from crypto whales with deposits of $20,000+ might expedite ScapesMania's transition from niche to mainstream. ScapesMania's smart contract has received approval from prominent security-ranking firms, ensuring peace of mind for holders. Additionally, the PancakeSwap listing is on the horizon, with CEX listings still in the works. ScapesMania is also notable for a great cliff vesting structure to prevent token dumping, making sure that supply and demand are well-matched for potential growth. Make sure you don't pass up the opportunity to leverage all discounts and potentially beat the market with the TGE fast approaching. Be quick if you want to be the first one in line for all the post-listing opportunities, which might be quite lucrative. >>> TGE ALERT – Keep Up With Latest News <<< Sei (SEI) Price Analysis In a striking 24-hour period, Sei's (SEI) value witnessed a notable decline, dropping from $0.96 on February 20 to $0.87 amid the trend index's increased volatility and a downturn in trading volumes. The community is now closely monitoring the coming Sei v2 upgrade, slated for release in Q1 2024, which promises to enhance the Sei's (SEI) capabilities by allowing developers to integrate Ethereum protocols. So the anticipated upgrade is a focal point of interest and can determine SEI's future trajectory. Sei (SEI) Technical Outlook Currently, Sei (SEI) is trading between its first support level at $0.7347 and its first resistance level at $1.1132. Source: TradingView The Exponential Moving Averages (EMA) paint a moderately positive picture, with the 10-day EMA at $0.907 and the 50-day EMA at $0.8837 hovering just above the 200-day EMA at $0.7466. However, the Relative Strength Index (RSI) at 40.95, Stochastic %K at 20.03, and the Commodity Channel Index (CCI) at -164.59 signal a bearish sentiment, indicating potential overselling. The Average Directional Index (ADX) at 23.43 suggests a lack of strong trend, while the negative MACD level and declining Momentum reinforce a cautious outlook. Sei (SEI) Price Prediction Looking at possible scenarios, a bullish perspective might hinge on the SEI breaking above $1.1132. If this happens, it could signal a shift in investor sentiment and a potential run towards the $1.2645 resistance, or even the $1.643 barrier in a more optimistic case. On the flip side, the bearish scenario, as predicted by some analysts, could see Sei (SEI) breaking below $0.7347, possibly due to ongoing market pressures and the current negative sentiment. If this bearish trend persists, SEI might find itself testing lower supports at $0.5057 and potentially the critical $0.129 level. Sui (SUI) Price Analysis With an impressive 62% spike, Sui (SUI) outpaced established competitors like Cardano, NEAR Protocol and Aptos in terms of total value locked (TVL), now exceeding $584 million across various protocols. This remarkable growth was partly attributed to a substantial $310 million bridge from Ethereum to Sui (SUI) in the last 30 days, as reported by wormholescan.io, representing more than a doubling of its position since the start of the year, when the TVL was approximately $211 million. Despite initial challenges, including a 68% decline in SUI and accusations of token supply manipulation, Sui (SUI) made a significant comeback after adopting inscriptions, a method for recording data on the blockchain that gained prominence during Bitcoin's NFT era, leading to a surge in blockchain activity. Sui (SUI) Technical Outlook Technically, SUI is trading between its first support level at $1.6683 and its first resistance level at $1.9523. Source: TradingView The 10-day EMA at $1.6991 and 50-day EMA at $1.7484 are currently above the 200-day EMA at $1.5414, suggesting a potential bullish trend in the shorter term. However, the RSI at 35.38 indicates that Sui (SUI) might be approaching oversold territory. The Stochastic %K is at a low 24.1 and the CCI at -145.31 also point to potential overselling. The ADX at 23.33 suggests a lack of strong trend, while the negative MACD and Momentum could be indicative of a bearish momentum building up. Sui (SUI) Price Forecast For the bullish scenario, if SUI maintains its current momentum and innovation, particularly in embracing technologies like inscriptions, it could break past $1.9523, aiming for the more distant resistances at $2.1046 and $2.3886. This optimism is backed by the recent surge in TVL and the innovative approach of its team, comprising former Meta employees. On the bearish side, if the market sentiment turns negative or if Sui (SUI) fails to sustain its innovative edge, it could see a retraction towards $1.6683 or even lower towards the next supports at $1.5366 and $1.2526. The recent slip in SUI's value left many wondering if Sui (SUI) can withstand bearish pressure amid the negative trends and past hiccups that initially rocked its stability. Closing Thoughts In the midst of a fluctuating crypto market, where major tokens are experiencing downturns influenced by Federal Reserve policies, DeFi blockchains Sei (SEI) and Sui (SUI) are navigating through their own unique challenges and opportunities. SEI, on the cusp of a significant upgrade, faces a crucial period that could redefine its market position, while SUI, having recently surged in total value locked, confronts the test of maintaining its momentum amidst market uncertainties. Both platforms, emerging from their respective lows, are now at pivotal junctures, with their technical indicators suggesting potential paths but also hinting at the need for cautious optimism. As investors and traders closely watch these developments, the future of Sei (SEI) and Sui (SUI) hangs in a delicate balance, promising potential rewards for those who can adeptly ride the waves of these emerging DeFi contenders. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

3 days ago
CryptoVenom
CryptoVenom
followers

Could $JASMY Get Back to it's All Time Highs In 2024? ⚡️ Guys, you can check in my weekly post that I mentioned for you the coin to make crazy gains this week before they increased in price, especially $FET & $JASMY ⚡️🔥 Let's Talk more about JASMY, it's usage, Price Predictions for this year🔥💡What is JASMY💡Jasmy, a blockchain-based platform focused on data security & monetization, has garnered attention within the crypto space. But what exactly is it, & what potential does it hold?🔎The Core Idea🔎JASMY aims to bridge the gap between the physical world & the digital realm by securing & managing data ownership through blockchain technology. Their "Personal Data Locker" allows individuals to control & monetize their data, while businesses can gain access to valuable insights with user consent.💎Key Features💎🧮 Data Locker: Users store and manage data securely, controlling access & earning rewards for sharing.🪙 JasmyCoin ( $JASMY ): The platform's native token, used for data transactions & network governance.🔑 Security & Privacy: Secure data storage & user-controlled access prioritizes privacy & compliance.✨️Potential & Challenges✨️📊 Data Monetization: Empowering individuals with control over their data can unlock significant economic value.♻️ Enterprise Adoption: Gaining traction among businesses for data access & analysis is crucial for wider adoption.📝 Regulatory Landscape: Navigating evolving data privacy regulations is an ongoing challenge.💰Current vs Future Price Status💰The JASMY project boasts partnerships with major Japanese corporations like Mitsubishi & Sompo Japan Nipponkoa. JASMY increased crazy this week reaching $0.016 & expected to continue this Rally reaching an ATH of + $5 at the end of 2024.🔺️Conclusion🔺️ JASMY presents a unique approach to data ownership & monetization. While it holds promise, navigating regulatory hurdles & securing wider adoption are key factors to watch for its future success.💰 No, it's not too late to buy JASMY but I remind you to buy the dip & hold for the long run because this coin will make Millionaires 💰Follow & Like for MORE Exclusive News🥂 #Write2Earn‬ ‬ #TrendingTopic #JASMY 🖋 Written By @CryptoVenom

4 days ago
CryptoPotato
CryptoPotato
followers

TL;DR Bitcoin experienced significant price fluctuations in the past few days, soaring to nearly $53,000 before dipping below $51,000, with predictions of future increases based on on-chain metrics and the upcoming halving. Ripple continues to fight the SEC over XRP’s classification as a security, getting partial court victories and expanding globally. Shiba Inu’s Shibarium achieved a milestone in total transactions, hinting at a potential price rally for SHIB. BTC’s Volatility Despite staying well above the $50K milestone, the price of the primary cryptocurrency has passed through severe turbulence as of late. It plateaued at around $51,500-$52,000 over the past weekend and the beginning of the week before taking the offensive and soaring to $53,000 on February 20. The multi-year peak was short-lived, and BTC dipped below $51,000 the following day. Currently, it trades at around $51,500. Several on-chain metrics and upcoming events, though, suggest that the asset’s valuation might soon chart new heights. BTC exchange netflow has been predominantly negative in the past seven days, showing a shift from centralized platforms to self-custody methods. Such a trend is considered bullish since it reduces the immediate selling pressure. Another factor worth noting is the approaching halving. The event takes place approximately every four years and reduces the rate at which new BTC is mined. Historically, the halving has been followed by a massive Bitcoin bull run and a resurgence of the entire cryptocurrency market. Those willing to dive deeper into the matter, feel free to take a look at our dedicated video below: What’s New Around Ripple? The company’s recent developments are related to its lawsuit against the US Securities and Exchange Commission (SEC).  Recall that the regulator sued Ripple in December 2020, accusing it of illegally raising more than $1.3 billion in an unregistered securities offering by selling XRP. For its part, the firm argues that its native token should not be classified as a security, thus standing aside the Commission’s jurisdiction. The trial between the entities is scheduled for April 23, with Ripple seemingly being the top dog after securing three vital (yet partial) court wins last year. The SEC also achieved a small victory, with Judge Sarah Netburn ordering the firm to disclose important financial records for 2022 and 2023 (as insisted by the watchdog). Most recently, Ripple had to provide essential data included in the remedies-related discovery phase. The company had until February 12 to do so but requested an extension of the deadline with an additional eight days. Besides its efforts in the legal field, Ripple has been working on a global expansion. Earlier this week, one of the biggest financial institutions in Egypt – the Commercial International Bank (CIB) – partnered with the company “to implement blockchain technology, enhancing the efficiency of cross-border payments.” Shiba Inu’s Progress Shiba Inu’s L2 scaling solution – Shibarium – continues to make waves, recently blasting through another milestone. As CryptoPotato reported on February 19, daily transactions on the network reached 3 million, whereas total transactions surpassed the 360 million level.  The feature went live in August last year, aiming to service the needs of the Shiba Inu ecosystem by lowering transaction fees and improving speed.  Some experts have claimed that Shibarium’s advancement could propel a SHIB price rally. Nonetheless, the meme coin has not performed so well as of late, with its value being down 3% on a weekly scale. The post Important Ripple v SEC Development, Bitcoin (BTC) Brief Price Spike, and More: Bits Recap Feb 22 appeared first on CryptoPotato.

4 days ago
QK-空九
QK-空九
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Therefore, for ordinary people, it is best to have a basic academic qualification before the age of thirty as a springboard, because many professional titles and jobs are based on academic qualifications and age. You are too old. If you have this academic qualification, But you are overage, and he doesn’t want it either. Including first-level construction engineers and second-level construction engineers in the college entrance examination, there are requirements for academic qualifications and work experience. And we have talked about issues related to pensions some time ago, that is, the proportion of social security and medical insurance contributions continues to increase and expand. And the proportion of pension payments, the population audience and the size of retirees. The New Rural Cooperative Medical System was piloted in 2003, so it has been almost 21 years now. From the initial 10 yuan to the current 380 yuan, the price is even higher in some developed areas. And this is just the cost per person. If a family consists of three or four brothers and sisters, the cost is as high as three to four thousand yuan. For some rural areas, it is a very huge expense. Now many rural areas The elderly may not even earn 1,000 yuan a year. In addition to the commonplace topics in the past, raising a child from childhood to crawling, to walking, to graduating from college, to working, and successfully marrying a wife and having children requires nearly 50 or even more than 1 million in education and support expenses, not to mention some in Beijing, Shanghai and Guangzhou. The wealthy class has to pay for enrolling their children in various training courses, attending foreign language schools, studying abroad, etc. We won’t talk about that. That is to say, just take education, pension, medical care, and don’t add the issue of car loan, house loan, and housing. Then an ordinary adult, even if the monthly salary is 10,000 yuan, he can basically only make money. So how is it possible? Have other money to spend. So this is the process of social and economic development, and we are in a difficult situation at this stage. So if your current industry is not good, no one comes to your store to consume, you open a restaurant and close your hotel, and no one comes to stay. Many of your projects cannot be completed, or your decoration projects have also been cancelled. The population has shown negative growth in transactions, real estate data has declined, many buyers have been waiting to see a balance, and even their spending power has dropped significantly.There is a deeper reason, which I just understood. Some people also say that their decoration business is very easy to do. Because of the epidemic in about three years, many orders were backlogged from two to three years ago to this year, so you will find that some decoration companies are doing very hot business in 2023, but if you really look at it, Looking at the real estate market, the prices of many listings have been falling, and there are no buyers at all. Moreover, many industries have been affected by the epidemic, and everyone's consumption expectations have continued to decline. Some news has been saying that 35-year-olds are forced to lay off employees, and becoming a monk requires a bachelor's degree. When real estate is at a high level, everyone can earn money by buying a house. There is no such thing as a decline in real estate. Anyway, there is money but no money. Let’s buy a house. Buying a house with a loan is definitely faster than earning money by working hard. But buying a house No matter how you can't live in it, you have to renovate it. At the very least, you can rent a house and collect the rent. Nowadays, fertility issues, marriage issues, bride price issues, education and medical issues are all brought together. Even a top master's student with a monthly income of 50,000 and an annual income of 500,000 has a commercial housing in a first- and second-tier city in Beijing, Shanghai, Guangzhou, and Shenzhen. , I have to struggle for 10 years without food or water before I can barely live in a rough place. On the one hand, Pinduoduo has achieved the oligopoly effect, and on the other hand, it has also caused some ordinary factories to close down. Because the prices suppressed by Pinduoduo have no production profits at all, and even the circulation costs are not enough, so many traditional offline stores used to be able to Through farmers markets, wholesale markets. You can also sell and recommend products through local promoters. But at this stage, they are all monopolized by online platforms, and even many 60-year-old aunts use Douyin to place orders. Now that the Spring Festival is over, some people are laid off immediately. Some places even adopt the logic of canceling your benefits and lowering your salary by one level. They don’t tell you that you are laid off, but they increase your workload. If you feel troubled and painful, you will voluntarily resign, and then you will not be able to obtain n+1 and n+2 compensation from the entire company of a large enterprise. Last year, there were about 30 stores and more than a dozen stalls in the night market downstairs in the community. All of them were working for three months and then directly transferred to a prosperous shop. There was another one selling marinated ingredients, but they had been working for another two months. The business was transferred again.Another Jiao Ma Ji shop came, and after working there for less than a month, another one was posted for transfer. So which industry will make money in 2023? Those companies that recycle tableware, kitchen utensils, and second-hand fryers that engage in catering recycling kitchenware. I don’t know if you have ever been to Kangbaijia Pharmacy to buy medicine, or even the big pharmacies on the street. You will find that the slogans posted at their door are not about curing diseases and saving lives, but various offers of 20 off for purchases over 500, and a barrel of soybeans for purchases over 1,000. Vegetable peanut oil advertising and stickers. Every once in a while during holidays and various anniversaries, there will be lottery gift packages, eggs, milk and rice, and a large group of ladies and gentlemen standing in line at the door, leaning on crutches. A joke says that every 50 meters in the United States, there is a basketball court, stadium, and gym, and every 50 meters in China, there is a pharmacy. Of course, this is an exaggeration and has no factual basis, but in fact everyone can understand this meaning. Of course, there are some capital-operated chain pharmacies, which are actually intended to occupy the vast rural sinking market, and to cultivate store profits until they are listed. After the listing, they sell stocks, and they can directly expand other stores, or even There are other investors who continue to act as leeks to support their operations. There are some Chinese patent medicines. In fact, the real research and development costs of some technology companies in Jiangxi are only a few yuan. If you add a few pills of those messy plant ingredients, the price can increase 50 times. That is what they cost in pharmacies. Some salespersons are actually like supermarket salesmen, because they make more money by selling more. Some pharmacies are just like supermarkets selling vegetables. If you buy 500, they will give you paper towels, soybeans, peanut oil, rapeseed oil, laundry detergent, and large eggs. You can get as many as you buy. Even today’s medicines are amazing. For one cold medicine, there are 20 brands of cold medicines. Which one you choose will actually have the same effect, but the price difference is between a few yuan and dozens of yuan.

4 days ago
Cryptopolitan
Cryptopolitan
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Solana experiences a price dip, causing frustration among its investors. NuggetRush’s presale secured over $2.3 million, fueled by its unique blend of GameFi and adventure. NuggetRush, Cosmos, and Sui are top performers with significant growth potential.  The 2024 crypto market has not been favorable to Solana (SOL), as it faces a decline of 9%, reaching a $91.40 low. As the situation raised concerns among investors, industry analysts have selected three digital currencies as excellent solutions. These altcoins—NuggetRush (NUGX), Cosmos (ATOM), and Sui (SUI)—are praised for their unique tokenomics and impressive growth.  NuggetRush, in particular, has transformed the meme coin space by introducing a community-owned game. This top DeFi coin rewards investors through RUSHGEMS, a staking mechanism, and character non-fungible tokens (NFTs). By raising over $2.3 million in the ongoing presale, NUGX has exceeded investors’ expectations, ranking it among the top altcoins for substantial gains in 2024. This article explores the features of NuggetRush, Cosmos, and Sui as standout options amid the Solana price drop.  >> Buy NuggetRush Now <<   NuggetRush (NUGX): Redefining Meme Coins with Explosive Growth and Unwavering Security As Solana suffers a downturn, investors globally have shifted their focus to NuggetRush, enticed by its engaging play-to-earn game and presale advantages. Its crypto ICO follows a staged approach; the value at the fifth stage is $0.018. Below 13% of the tokens allocated for this level remain, demonstrating a high adoption rate. With over 186 million tokens sold during this period, NUGX emerged among the best altcoins in 2024.  NUGX is predicted to soar to $0.020 upon its official launch, marking a 100% price rise from stage one. This top DeFi coin aims to increase its value to a $100 million market capitalization. It achieves this aim by incorporating gold mining, cryptocurrency, and traditional mining into a P2E game. This altcoin’s gameFi structure makes it highly lucrative since it allows virtual assets to be exchanged for tangible rewards like gold and cash.  The growth observed in NUGX can be attributed to its transparent and safe nature. Because the project is built on the Ethereum blockchain, most users can access the ecosystem and play the game. These distinctive features and rapid advancement indicate that NuggetRush may soon surpass Solana. >> Buy NuggetRush Now <<   Solana (SOL): Facing Challenges Amidst Network Stability Concerns  The Solana platform has had a 9% price decline lately, which has created displeasure among holders. This condition can be attributed to a lack of confidence in the stability of the network. According to information from CoinDesk, SOL‘s blockchain experienced a five-hour outage, which caused its value to decrease from $96.00 to less than $94.00 in a matter of hours.  The market capitalization of Solana also decreased to $50,162,435,269. The general attitude toward its tokens appeared cautious, even though trading volume increased by 1.77%. Due to this unfortunate circumstance, many SOL users search the market for viable alternatives. Cosmos (ATOM): Empowering Decentralized Networks with Robust Governance Cosmos is a decentralized network that seeks to address the problems with interoperability and scalability that many blockchain networks encounter. This altcoin attracts attention because of its low transaction fees and fast speed. ATOM holders can vote on the platforms’ growth because of the firm governance structure. In a short while, Cosmos increased 3.3% to $9.49 amid market volatility. The current value of $9.24 has risen by 2.0% from the previous week’s consistent upward trend. All predictions support this development, presenting ATOM as a promising altcoin amid the Solana downturn.  Sui (SUI): Accelerating Blockchain Data Transfers for High-Performance Applications Sui is a layer-1 blockchain created to make data transfers within the blockchain network quick and safe. High-speed transaction throughput and instantaneous transaction finality are given priority. Because of this feature, SUI works effectively in applications involving gaming and money transfers.  The price of Sui increased to $1.81, giving its investors a weekly gain of over 20% as Solana’s momentum decelerates. Since the start of the year, its total value locked (TVL) has also significantly increased. This increase was caused by using SUI as a bridge in the approximately $500 million transfer from Ethereum to Wormhole.  Conclusion  As Solana’s growth slows, NuggetRush, Cosmos, and Sui have emerged as top substitutes. By participating in these top 3 alternatives, investors can see a spike in their portfolios in 2024. NUGX distinguishes itself with an impressive crypto ICO and a profitable community. You can join the rush by purchasing NUGX tokens for breakout growth and increasing your gains.  Visit NuggetRush Presale Website

4 days ago
深潮 TechFlow
深潮 TechFlow
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According to DeepChao TechFlow, the Ministry of National Security of China issued a document today saying that some overseas map companies use the method of collecting map data in exchange for virtual currency rewards to induce domestic personnel to purchase and use special equipment to "check in" maps and illegally collect sensitive geospatial information. The data is uploaded to overseas servers in real time, and high rewards are even offered for specific areas to attract "collectors" to focus on collection. Some people within the country have a weak awareness of national security and are tempted by the way of making money by checking in on maps. They are unknowingly used by overseas companies with ulterior motives and become "accomplices" in their illegal collection and theft of geospatial data. In response to the above situation, the national security agencies, together with relevant functional departments, investigated and punished domestic and foreign personnel and enterprises that collected and stole China's sensitive geospatial information data, promptly blocked the illegal export of relevant data, and eliminated the risk of relevant data leakage. ​

6 days ago
慢雾 SlowMist
慢雾 SlowMist
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With the start of the new year, the new version and upgrade of Slow Mist AML (https://aml.slowmist.com) is online. In the tide of the digital economy, money laundering crimes have become increasingly obscure, and have shown a trend of cross-regional, cross-industry, specialization and gang development. The ingenuity and concealment of criminal methods have posed severe challenges to anti-money laundering work. Due to the "information island" phenomenon, each institution can only rely on its own simple data for analysis, and it is difficult to accurately identify cross-institutional money laundering gangs. This undoubtedly brings greater difficulties to the tracking of digital assets. Based on this, SlowMist has fully upgraded and launched SlowMist AML (https://aml.slowmist.com), which is committed to better detecting the behavior of cybercriminals and further ensuring the security of user digital assets. While SlowMist AML ensures the security of digital assets, it also provides professional services in multiple fields: 1. Web3 industry: Promote industry compliance, help build trust, and protect companies from financial crimes; 2. Financial institutions: Help traditional financial institutions improve their anti-money laundering capabilities in the direction of cryptocurrency; 3. Regulatory units: Assist in formulating industry standards, establishing safe markets and maintaining financial stability; 4. Compliance department: Help discover and analyze financial risks on the chain and prevent cryptocurrency-related crimes. SlowMist has been deeply involved in the field of cryptocurrency anti-money laundering for many years, and has formed a complete and efficient solution covering the three aspects of compliance, investigation and audit, actively helping to build a healthy ecological environment for cryptocurrency

5 days ago
Crypto Daily™
Crypto Daily™
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Today's crypto market showed exceptional volatility, as Bitcoin was wavering in its attempt to solidify its position above the $52,000 threshold. Meanwhile, Ethereum briefly grazed the $3,000 mark, only to experience a minor setback. This uncertain dance of numbers led to a cautious approach from investors, who seem to be riding a short-term buying wave amidst an underlying bullish momentum. Adding to the intrigue, Ethereum's imminent mainnet launch of the 'Dencun' upgrade in March is drawing more attention than Bitcoin. This upgrade, tested meticulously on testnets, is expected to significantly smoothen the path for Ethereum's contribution to a promising Web3 future, thus creating a bubbling anticipation within the market. Amidst this whirlwind, other major players in the crypto space like Polygon (MATIC) and Cardano (ADA) were not immune to the market's fluctuations. MATIC recorded a minor dip of less than 1%, whereas ADA took a steeper plunge, dropping over 3%. This contributed to the overall crypto market cap slipping to $1.96 trillion. In contrast to these established coins, the emerging ScapesMania (MANIA) is stirring up its own wave of anticipation. Although its presale stage has concluded, the crypto community is eagerly awaiting its coming Token Generation Event (TGE) and DEX listing, expected to open doors for a broader spectrum of crypto investors to engage with MANIA. Ride The Wave of Innovation with ScapesMania The ScapesMania public sale wrapped up, becoming the talk of the crypto community. The project managed to secure over $6,125,000 at an unprecedented rate and there’s a strong probability that the token's value might increase exponentially in the future. The spotlight has shifted to the Token Generation Event (TGE) coming up on February 25 – March 09. The pool of tokens is smaller than it was before, the conditions are better than the market average, so the chance to maximize your potential returns is quickly diminishing. Letting it slip now would be a huge waste, especially since your chance to join is only a click away. Your Last Chance to Boost Potential Returns Post Listing The team behind ScapesMania, with years of expertise, has crafted a robust post-listing marketing strategy. Buyback, burn, staking, and all the perks for holders keep attracting new adopters while also ensuring a high level of community engagement. Through DAO governance, backers will be able to influence and benefit from a growing industry. Moreover, the token's utility is impressive. It's not another meme coin whose success relies heavily on trends and hype. ScapesMania ($MANIA) is a well-balanced, meticulously designed project that acts as a gaming ecosystem. As a player in the multi-billion casual gaming industry, it leverages the market's growth potential. Post-debut, holders can anticipate greater liquidity and easier trading. A solid token management plan will further increase longer-term growth potential.  The community's excitement about the project is evident so far: the follower count has reached 60K+. Also, the growing interest from crypto whales with deposits of $20,000+ might expedite ScapesMania's transition from niche to mainstream. ScapesMania's smart contract has received approval from prominent security-ranking firms, ensuring peace of mind for holders. Additionally, the PancakeSwap listing is on the horizon, with CEX listings still in the works. ScapesMania is also notable for a great cliff vesting structure to prevent token dumping, making sure that supply and demand are well-matched for potential growth. Make sure you don't pass up the opportunity to leverage all discounts and potentially beat the market with the TGE fast approaching. Be quick if you want to be the first one in line for all the post-listing opportunities, which might be quite lucrative. >>> TGE ALERT – Keep Up With Latest News <<< Polygon (MATIC) Price Analysis Polygon (MATIC) recently displayed remarkable resilience in the face of market volatility, successfully reclaiming the psychologically significant $1 mark. This achievement came on the heels of a nearly month-long rally, during which MATIC initiated a robust recovery trendline. Polygon's (MATIC) journey began in late January with a bounce back from $0.722, exhibiting a V-shaped recovery that is often interpreted as a strong indication of buyer dominance. This momentum propelled MATIC's price by nearly 40% within a month, breaching the $1.01 mark and effectively surpassing both the $0.945 resistance and the 61.8% Fibonacci retracement level of the previous correction. Polygon (MATIC) Technical Outlook Technically, Polygon (MATIC) is currently positioned between the first support at $0.8784 and the first resistance at $1.0604, suggesting a delicate balance in market forces. Source: TradingView The Exponential Moving Averages (EMAs) indicate a positive trend, with the 10-day EMA at $0.9921 slightly above the 50-day EMA at $0.94, and both well above the 200-day EMA at $0.8651, reinforcing the bullish sentiment. The Commodity Channel Index (CCI) at 30.07 aligns with a burgeoning bullish scenario, and the MACD level at 0.0193, though modest, supports this view. The Relative Strength Index (RSI) at 51.95 is hovering around the midline, suggesting a neutral market sentiment. However, the Stochastic %K at 67.26 points to a slightly overbought condition, while the Average Directional Index (ADX) at 25.21 indicates a lack of strong trend. Polygon (MATIC) Price Forecast In the bullish scenario, if MATIC maintains its foothold above the newly established support-turned-resistance level of $0.9458, we could witness a further ascent towards $1.0604, and potentially challenge the higher resistances at $1.1212 and $1.3032. The key to this scenario lies in the sustenance of buyer momentum and Polygon's (MATIC) ability to withstand any negative spill-over effects from Bitcoin's movements. Conversely, in a bearish outcome, if MATIC succumbs to the selling pressure, particularly influenced by Bitcoin's performance, it might retest $0.8784. A breach below this level could see the coin drift towards the lower supports at $0.7572 and $0.5752, potentially erasing the gains accrued in the recent rally. Cardano (ADA) Price Analysis Recently, Cardano (ADA) was on a path to potentially reclaim its previous support levels above the $0.65 mark. Despite a sluggish recovery over the past month, ADA's bullish momentum remained underpinned by active participation. Analyst Ali Martinez, a well-known figure in the crypto market, drew parallels between Cardano's (ADA) current chart patterns and those observed during the 2020 pandemic-triggered crypto market crash. Martinez's analysis suggested that if ADA replicated this 2020 pattern entirely, it could enter a consolidation phase that would last until April 2024. Consolidation is a phase where the cryptocurrency stagnates between two levels as the market exhibits indecision about its long-term direction. Cardano (ADA) Technical Outlook From a technical standpoint, Cardano (ADA) is currently trading between its first support at $0.544 and first resistance at $0.662. Source: TradingView The EMAs for 10, 50, and 200 days are $0.611, $0.597, and $0.551 respectively, suggesting a tussle between short-term volatility and longer-term stability. The RSI at 41.2, combined with a low Stochastic %K of 16.5, points towards potential undervaluation, signaling room for an upward price movement. However, the CCI at -246.4 and a negative Momentum of -0.028 imply bearish pressures. The ADX at 26 indicates a lack of strong trend, aligning with Martinez's consolidation theory. Cardano (ADA) Price Forecast In a bullish scenario, if ADA's patterns align closely with those from 2020, there's a chance for a significant upward trend, potentially reaching the $0.704 and $0.812 price levels. In the long run, Cardano (ADA) can even hit the elusive $8 mark for the first time this year, as per Martinez's analysis. Conversely, the bearish outlook is fueled by the current negative market sentiment, as highlighted by on-chain data. The overall crypto market, including ADA, is experiencing a more negative crowd sentiment than historical averages, as reported by Santiment. In this case, Cardano (ADA) could experience a downturn, pushing it to retest the next defense lines at $0.488 and $0.38. Bottomline In today’s volatile crypto market, Polygon (MATIC) and Cardano (ADA) have each charted their unique courses.  MATIC, demonstrating resilience, recently rebounded impressively, surpassing key resistance levels and showcasing strong bullish indicators in its technical analysis. The path ahead for Polygon (MATIC), though optimistic, isn't without potential pitfalls as it navigates the ebb and flow of market forces and Bitcoin's influence.  Meanwhile, ADA, currently fluctuating between significant support and resistance levels, faces a critical juncture. Cardano's (ADA) journey could mirror its 2020 pattern, potentially entering a prolonged consolidation phase, yet there's still room for an upward trajectory if market sentiment shifts. As investors and traders weigh these analyses of MATIC and ADA, the crypto market continues its unpredictable move, with each coin carving out its destiny in this dynamic financial landscape. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

5 days ago
ZyCrypto
ZyCrypto
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The U.S. Securities and Exchange Commission’s lawsuit lodged against Ripple in December 2020 is grabbing headlines, as today (Feb. 20) marks the deadline of the discovery phase. A crypto pundit has suggested we could see a settlement in the Ripple vs. SEC case in April. A Settlement On The Cards? A member of the XRP community has shared a crucial update on the ongoing legal dispute between Ripple and the U.S. SEC to clear up “some misconceptions”. Ashley Prosper observed that the discovery case in the XRP lawsuit was scheduled to end today. In the X post, Prosper captioned a court filing photo showing four important dates that the XRP community should look out for. The expert highlighted 4 key dates: February 20, March 13, April 12, and April 29. It’s pertinent to mention that today also marks the day Ripple is supposed to comply with the court order and hand over its audited financial statements and institutional sales contracts. According to Prosper, the community will not have information on the material submitted by Ripple until the SEC files its remedies-related brief on March 13. But, she advised the XRPArmy not to expect much in that development. Moreover, the analyst noted that the deadline for submitting final remedies is April 29, 2024. This is when the court is supposed to determine penalties for Ripple’s XRP sales to institutional customers. The securities regulator reportedly wants Ripple to pay a hefty $770 million for its securities violations. Prosper rebutted claims that Judge Analisa Torres’s final verdict on the lawsuit is due in April. She will likely make her decision in July or August. However, the pundit claims that Judge Torres could “take until next year” to give her decision. At the moment, it is expected that the long drawn-out lawsuit will come to a conclusion in April. In Prosper’s opinion, this will only happen if the two parties reach a settlement.  XRP Price Action Ripple, the fintech company whose founders created XRP, has had legal issues with the SEC since 2020. At the time, XRP was the third-largest cryptocurrency by market cap. Ripple, however, notched a major victory against the Commission in July 2023, with Judge Torres ruling that the XRP token is not a security when it comes to programmatic sales to retail investors. XRP climbed 6.5% in the past week. The coin was trading for $0.5614 per coin at publication time, according to data from CoinGecko. With a market cap of $30.6 billion, XRP is now the sixth-largest crypto. It remains to be seen whether XRP has enough strength to further its upswing and even cross the $1 threshold at some point this year.

5 days ago
Sefeoyin
Sefeoyin
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In the world of cryptocurrencies, Ethereum has been making waves with its recent surge in price. The second-largest cryptocurrency is on the rise, and experts predict that it may soon cross the $3,000 mark. This bullish outlook for Ethereum is driven by several factors, including the highly anticipated Dencun upgrade, an increase in staked Ether, and a reduction in circulating supply. In this article, we will explore these catalysts and delve into the Ethereum price prediction, speculating whether the price could reach $4,000. Ethereum's Recent Performance Ethereum has been outperforming Bitcoin in the crypto market, gaining significant strength in recent months. Despite Bitcoin's price stalling, Ethereum has managed to break through key resistance levels and touch the $3,000 mark for the first time since 2022. This impressive performance can be attributed to various factors that have contributed to the bullish trend of Ethereum. Catalysts for Ethereum's Bullish Outlook 1. The Dencun Upgrade One of the major factors driving Ethereum's price surge is the much-anticipated Dencun upgrade. This upgrade aims to introduce proto-danksharding, a feature that will reduce transaction fees and data availability costs for layer-2 chains. Additionally, the Dencun upgrade will implement Ethereum Improvement Proposals (EIPs) to enhance scalability, efficiency, and security. The fusion of the Cancun and Deneb upgrades will upgrade Ethereum's execution and consensus layers, respectively. The Dencun upgrade is expected to launch on the mainnet in March, and many analysts and investors believe that it will have a significant impact on Ethereum's price. 2. Increase in Staked Ether Another factor contributing to Ethereum's bullish trend is the increase in staked Ether. With the switch from proof-of-work to proof-of-stake, validators are now earning fees that are burned or taken out of circulation. This reduction in circulating supply, combined with the growing interest and participation in staking, creates a supply and demand imbalance that drives up the price of Ethereum. 3. Deflationary Nature after the Merge The upcoming Ethereum 2.0 upgrade, also known as the Merge, will further enhance Ethereum's deflationary nature. This upgrade will replace the current proof-of-work consensus mechanism with proof-of-stake, reducing energy consumption and transaction fees. As a result, Ethereum's circulating supply will continue to shrink, creating scarcity and potentially driving the price even higher. Technical Analysis and Price Prediction Technical indicators, such as moving averages and the Moving Average Convergence Divergence (MACD) indicator, support the bullish theory for Ethereum in both the short-term and long-term. The recent breakout above a key weekly resistance level suggests a stronger bullish outlook for Ethereum. Although the price has retraced slightly after touching $3,000, it has found support at the 0.5 Fibonacci level. Traders will closely monitor the daily and weekly closes above $3,000, as they could signal a continuation of the uptrend towards the next critical zones. Potential Price Targets and Resistance Levels In the event that Ethereum successfully moves and holds above $3,000, the next critical zones highlighted in yellow and red become the focus for traders. A successful retest of these levels could trigger FOMO (fear of missing out) among investors, leading to increased buying pressure. If the bullish momentum continues, Ethereum could potentially reach $4,000 and even set a new all-time high. However, in the event that Ethereum fails to move and hold above $3,000, it could be confined within the support range of $2,400 and resistance at $2,900. This consolidation phase could persist until the launch of the Dencun upgrade, which may provide the catalyst needed to push Ethereum's price higher. Expert Opinions and Market Sentiment Many analysts and investors are optimistic about Ethereum's future price potential, especially with the upcoming Dencun upgrade. Michaël van de Poppe, the founder of MN Trading Consultancy, believes that the strength of Ethereum will come from this upgrade, particularly if Bitcoin encounters a short-term peak. Van de Poppe suggests that Ethereum needs to reclaim the 0.06 level to further solidify its bullish outlook. Conclusion Ethereum's recent surge in price and its bullish outlook can be attributed to various factors, including the highly anticipated Dencun upgrade, the increase in staked Ether, and Ethereum's deflationary nature after the Merge. Technical analysis supports the bullish theory, and there is a growing market sentiment that Ethereum could reach $4,000 and set a new all-time high. However, as with any investment, it is important to conduct thorough research and consider market risks before making any financial decisions.

5 days ago
CryptoGuider
CryptoGuider
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Four AI Crypto Coins under $1 with 10X potential in 2024 to 2025 bull market Injective Protocol (INJ): The Decentralized Future Decentralized Finance (DeFi) has been one of the most influential crypto trends, reshaping the contours of the financial world. Injective Protocol is a formidable force in this arena. As a decentralized exchange protocol, it promises boundless trading with unparalleled speed, transcending traditional boundaries. It provides users with a completely decentralized ecosystem, where INJ is the token of exchange. Fetch.AI (FET): Where Machine Learning Meets Blockchain Fetch.AI operates at the intersection of machine learning and blockchain, presenting a dynamic combination that can reshape numerous industries. By creating decentralized digital representatives known as ‘Autonomous Economic Agents,’ Fetch.AI intends to automate various tasks, enabling machines to transact independently. Such innovation promises efficiency and optimization, hinting at a bright future for its utility token, FET. Ocean Protocol (OCEAN): Data Trading Revolutionized In today’s digital age, data is often compared to oil due to its immense value. Ocean Protocol aims to revolutionize how data is traded, ensuring that it’s done safely, securely, and transparently. By facilitating the sharing of private data without compromising security, Ocean Protocol is paving the way for a new era of data exchange, making it a hot pick for the upcoming years. SingularityNET (AGIX): Merging AI with Blockchain Another top altcoin making waves in the confluence of AI and blockchain is SingularityNET’s AGIX. The platform offers a decentralized marketplace for AI services, ranging from machine learning models to sophisticated AI algorithms. By making these services accessible to everyone, SingularityNET seeks to accelerate the global AI industry’s growth, positioning AGIX as a potentially valuable crypto #Write2Earn #TradeNTell #TrendingTopic #BTC #AICryptos

6 days ago
Coinpedia
Coinpedia
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The post Here’s Why AI Coins Fetch.ai, SingularityNET, And Scotty the AI Are Surging appeared first on Coinpedia Fintech News The recent rise of artificial intelligence (AI) in the blockchain space has sparked a massive surge in AI crypto projects and their native tokens. With the launch of OpenAI’s ChatGPT, generative AI, and machine-learning technologies, the potential for AI integration in blockchain is immense. The early months of 2024 have witnessed a remarkable increase in the value of AI coins, such as Fetch.ai (FET), the Graph, and SingularityNET (AGIX), which have soared by nearly 80% in just two weeks. AI Cryptos Surge Following OpenAI’s Sora Launch: Fetch AI Leads with 30% Gain The recent data from CoinGecko shows an average increase of nearly 5% in AI-related tokens over the past 24 hours. The enthusiasm in the AI space reached new heights following the launch of OpenAI’s text-to-video generator, Sora. This launch has fueled optimism among investors, who view AI as a promising avenue for growth in 2024. Fetch AI emerged at the top among AI-based cryptos, seeing a 30% surge on February 18, 2024. The token’s market cap reached $996 million by February 20, 2024, making it the 92nd largest crypto. FET’s upward trajectory continued post-Sora announcement, with its FET token hitting a two-year high of $1.03 on February 20.  After announcing a partnership with Deutsche Telekom, Fetch AI saw more momentum, marking a crucial corporate collaboration for the Fetch.ai Foundation. Additionally, Ethereum co-founder Vitalik Buterin’s endorsement of AI for auditing smart contracts has increased confidence in AI coins. Consequently, other AI cryptos have also seen impressive gains. The Graph (GRT) surged by nearly 43% in the last week, with a 60% increase over 15 days. AGIX also rose by 64% in the past week and 82% over the past month. As these cryptos have now started to show a slight downtrend from their immediate resistance levels, many investors are looking for early-stage AI cryptos like Scotty the AI with massive upside potential. Could Scotty The AI Surge Next After Raising $500k? Scotty the AI is a recently launched AI crypto project that blends AI with blockchain to increase security within the crypto space. It achieves this by analyzing blockchain data to identify risks and threats, ensuring a safer environment for users. At the heart of Scotty the AI is its native token, $SCOTTY. With a supply capped at 1.234 billion, the project offers 520 million tokens during its presale phase. To further incentivize token holders, Scotty the AI offers staking rewards, with up to nearly 250% APY at press time available for those who lock in their tokens. One of the project’s key features is its commitment to transparency. The creators have renounced ownership of the token contract, giving $SCOTTY token holders decision-making authority on the platform. Looking ahead, Scotty the AI has plans to introduce a token-swapping mechanism and develop an AI chatbot. The chatbot will interact with token holders, answering crypto-related queries and improving user experience. Currently, $SCOTTY is priced at $0.0053 in its presale, which has already raised over $510K. Interested users can stay updated by joining the Scotty the AI Telegram channel and following it on X (Twitter). Visit Scotty the AI

5 days ago
Crypto Ahmet
Crypto Ahmet
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🔥💥What is #JasmyCoin (JASMY)? What are the business goals of the #JASMY Project? The main business goal of the Jasmy project is to enable individuals to decide how to manage their own data, whether to share it, and with whom to share this data. It also plans to provide opportunities for individuals who want to make a direct profit from the data economy. Thus, it is ensured that users receive a fair share of the revenue generated from data sharing. Another goal of Jasmy is to ensure data security and privacy at the highest level by leveraging the power of blockchain technology. The platform aims to prevent its users from worrying about keeping their data secure. In short, Jasmy's main business goals include data democratization, fair income Decoupling and high-level data security. What are the Advantages of JASMYCOIN (JASMY)? JasmyCoin is seen as a great opportunity that should not be missed for many crypto exchange investors. So what are the biggest factors for JASMYCOIN to gain this image? Here are the most attractive aspects of JasmyCoin: It has attracted interest as a token that provides profit to its early investor. It has stable price performance. The earning potential is high in the long run. Jasmy is described as a reliable currency in the crypto field. For this reason, it is considered to be the right investment for the future. How and Where to Buy JasmyCoin (JASMY)? JASMY is traded on many large and reliable cryptocurrency exchanges. To purchase this token, you need to provide access to one of the exchanges where JASMY is traded. You should then open an account on one of these exchanges. What Is the Future Like for JASMIN? JASMY Coin experienced a significant increase after its launch. This rise turned it into one of the most popular investment vehicles and gave hope for the future periods. Analysts who evaluate daily Jasmy chart variables and trading volume say that Jasmy will also gain momentum in the future. #Write2Earn #binance

6 days ago
Todayq News
Todayq News
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In February 2024, the overall cryptocurrency landscape exhibits remarkable upward momentum. This substantial increase in the prices of various cryptocurrencies is attributed to ongoing developments in their respective projects and collaborations. Notably, on February 20, 2024, Filecoin’s FIL demonstrated a significant increase of over 16%, capturing the attention of many. Why Filecoin price is increasing? However, the major reason behind this significant price surge is caused by the recent integration of Filecoin and Solana. Solana’s integration with Filecoin marks a significant shift away from centralized storage solutions, signaling a substantial boost to the reliability and scalability of the Solana blockchain. By tapping into Filecoin’s decentralized storage capabilities, Solana aims to enhance the accessibility and usability of its block history for infrastructure providers, explorers, indexers, and anyone requiring historical access. This collaboration enables Solana to achieve data redundancy, scalability, and heightened security, aligning with its commitment to decentralization. However, the partnership highlights the potential of blockchain networks to build more robust and resilient ecosystems, benefiting both users and developers alike. With this integration, it is observed that the price of FIL has significantly surged by over 16%.  Furthermore, this substantial price surge occurred within just 24 hours. When examining FIL over a more extended period, in the last 7 days, the price of Filecoin’s FIL has seen an increase of over 37% in upside momentum. Meanwhile, over the past 30 days, FIL has witnessed a surge of over 38% in upside momentum. Filecoin technical analysis and price performance According to expert technical analysis, Filecoin’s FIL appears bullish as, on a daily time frame, it is trading above the 200 EMA (Exponential Moving Average). However, when examining the FIL chart on a weekly time frame, it is observed that there is no immediate resistance level until $10. Therefore, in the upcoming days, FIL’s price could surge by more than 30%. This potential surge is anticipated due to the positive sentiment prevailing across the cryptocurrency landscape and the ongoing bull run. In contrast to Filecoin’s FIL, Solana’s SOL has not shown any bullish signs in the last 24 hours, experiencing a 1% downside momentum. Looking at SOL over an extended period, in the last 7 days, SOL’s price recorded a negative 2% downside momentum. Meanwhile, over the past 30 days, SOL demonstrated a significant upside momentum of over 20%. Get Premium Crypto Trading Signals from Real Crypto Analysts. Join our official Waiting List at todayq.com.

6 days ago
CryptoMasterMindX
CryptoMasterMindX
followers

Four AI Crypto Coins under $1 with 10X potential in 2024 to 2025 bull market Injective Protocol (INJ): The Decentralized Future Decentralized Finance (DeFi) has been one of the most influential crypto trends, reshaping the contours of the financial world. Injective Protocol is a formidable force in this arena. As a decentralized exchange protocol, it promises boundless trading with unparalleled speed, transcending traditional boundaries. It provides users with a completely decentralized ecosystem, where INJ is the token of exchange. Fetch.AI (FET): Where Machine Learning Meets Blockchain Fetch.AI operates at the intersection of machine learning and blockchain, presenting a dynamic combination that can reshape numerous industries. By creating decentralized digital representatives known as ‘Autonomous Economic Agents,’ Fetch.AI intends to automate various tasks, enabling machines to transact independently. Such innovation promises efficiency and optimization, hinting at a bright future for its utility token, FET. Ocean Protocol (OCEAN): Data Trading Revolutionized In today’s digital age, data is often compared to oil due to its immense value. Ocean Protocol aims to revolutionize how data is traded, ensuring that it’s done safely, securely, and transparently. By facilitating the sharing of private data without compromising security, Ocean Protocol is paving the way for a new era of data exchange, making it a hot pick for the upcoming years. SingularityNET (AGIX): Merging AI with Blockchain Another top altcoin making waves in the confluence of AI and blockchain is SingularityNET’s AGIX. The platform offers a decentralized marketplace for AI services, ranging from machine learning models to sophisticated AI algorithms. By making these services accessible to everyone, SingularityNET seeks to accelerate the global AI industry’s growth, positioning AGIX as a potentially valuable crypto #Write2Earn

6 days ago
CoinEdition
CoinEdition
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SingularityNET, Fetch.ai, and Ocean Protocol demonstrate AI’s impact on blockchain functionality. Vitalik Buterin advocates AI for Ethereum security, citing bug detection and code verification enhancement. AGIX, FET, and OCEAN reflect recent bullish rallies, highlighting market interest in AI-blockchain integration. The co-founder of Ethereum, Vitalik Buterin, has openly stated his excitement concerning the AI technologies that can be used in the Ethereum system. This is in light of a growing discussion about the convergence of these two revolutionary technologies, with Buterin, in particular, noting the ability of AI to contribute to code verification procedures and bug detection, which he identifies as a key technical problem for Ethereum. One application of AI that I am excited about is AI-assisted formal verification of code and bug finding.Right now ethereum's biggest technical risk probably is bugs in code, and anything that could significantly change the game on that would be amazing. — vitalik.eth (@VitalikButerin) February 19, 2024 Role of AI in Ethereum Security Enhancement Ethereum’s Vitalik Buterin is especially interested in the possibilities of AI-assisted formal verification of code and bug detection. This space, he points out, is fertile ground for innovation as a result of the current weaknesses that are associated with code bugs. Such bugs put the integrity and security of the Ethereum network at great risk, and therefore, the need for more efficient and effective solutions is high. Buterin’s proposal of AI interventions offers a possibility that would enhance the dependability of smart contracts and, hence the entire Ethereum blockchain. Challenges and Opportunities in Code Verification The talk about the incorporation of AI into the Ethereum framework also has some technical challenges. Critics, like Wolfgang Grieskamp from Aptos Labs, argue that it is the intrinsic complexity of the Ethereum Virtual Machine (EVM) that makes verification difficult. Grieskamp emphasizes the challenges in dealing with the indirect branching of EVM, a characteristic that creates problems in the verification of control flow. Nevertheless, the story of AI aiding in more secure and robust blockchain ecosystems still sounds very attractive. Unfortunately the design of the EVM makes verification very hard. It's already difficult to discover simple control flow because of indirect branching. Not sure whether AI will help here. Formal verification of Move is easier and works today, AI can further boost it. — Wolfgang Grieskamp (@wgrieskamp) February 19, 2024 The operations of platforms, including SingularityNET, Fetch.ai, and Ocean Protocol, also add to the discussion of the intersection of AI and blockchain. These platforms are leaders when it comes to AI in improving the functionality of the blockchain, such as the creation and monetization of AI services, automation of business processes, and supporting the safe exchange of data. The benefits of AI incorporation are demonstrated in their achievements, offering a tiny window to a world where blockchain and AI collaborations promote innovation. SingularityNET: An AI Service Market SingularityNET is a key player in this domain, offering a platform that is based on blockchain technology, which helps in the development, sharing, and monetization of AI services. Its internal market allows users to buy various AI functionalities using AGIX, which is the native cryptocurrency. This model not only democratizes AI technologies but also shows real-life examples of AI and blockchain integration opportunities for a more interconnected and efficient digital ecosystem. AGIX/USD 24-hour price chart (source: CoinStats) Concurrently, in the last  24 hours, AGIX’s bullish momentum has had the upper hand after support at $0.4469 was established. As a result, bulls pushed the price to an intra-day high of $0.5674 at press time, a 24% from the support level. Fetch.ai: Automating Business Processes Likewise, Fetch.ai takes advantage of AI and machine learning to make processes run smoothly, especially when it comes to data processing and trading. Using FET, its native cryptocurrency, Fetch.ai rewards engagement in its network, demonstrating the AI’s mastery of automating and optimizing complex processes within and outside the blockchain world. FET/USD 24-hour price chart (source: CoinStats) FET has also had a notable bull rally in the past 24 hours, with the price soaring from an intra-day low of $0.8019 to a high of $0.9188 before facing resistance. Ocean Protocol: Safe Data Monetization Ocean Protocol has a different perspective as it is concentrated on safe data exchange and monetization. Running on the Ethereum blockchain, it enables persons and companies to exchange and earn money from data, preserving privacy and control. This measure points out the crucial role AI plays in improving data security and accessibility, further closing the gap between blockchain technology and AI progress. Concurrently, Ocean Protocol’s native cryptocurrency, OCEAN, has enjoyed a bullish rally, soaring over 20% in the last 24 hours, with its price at $0.7926 at press time. OCEAN/USD 24-hour price chart (source: CoinStats) During the rally, the price bounced between an intra-day high and low of $0.6473 and $ 0.8001, respectively. The post Ethereum Co-founder Backs AI: Don’t Miss the Green Wave in Big Data Tokens appeared first on Coin Edition.

6 days ago
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With a staggering 34% increase in value over the last twenty-four hours, Worldcoin (WLD), the cryptocurrency project that is being led by OpenAI CEO Sam Altman, is now trading at $7.90 as of the time of this writing. As a result, the value of Worldcoin has increased by 185% compared to the same point in time the previous week. A significant portion of the enthusiasm that occurred over the weekend was fueled by the company's debut of its text-to-video generator, Sora, which was a smash on social media. This launch took place on Friday. Worldcoin celebrated exceeding one million daily active users for its World App wallet within a single day of its introduction. Worldcoin's chart over the weekend shows strong optimistic price movement, with repeated cup-and-handle formations suggesting that the cryptocurrency's price still has more opportunity to climb in the short term. This is evident when the chart is examined more closely. In spite of the fact that the current Relative Strength Index (RSI) is 53, which shows that the relative price-driving forces are all priced in well at this point in time, a quick price depreciation that occurred over the last few hours is indicative of heavy selling activity. When taken as a whole, this indicates that a rally to $100 in the near future is probably not going to happen, despite the fact that such long-term chances do exist. As a result of its problematic onramp, Worldcoin had a mixed reception when it was first introduced in the previous year. In order to get some WLD, individuals must travel to a "Orb" (which can be located in Berlin, Dubai, London, Mexico City, Miami, New York City, San Francisco, Seoul, and Tokyo), where they will have their eyes photographed. In order to verify the identity of users prior to the distribution of coins to them, this biometric data is used in conjunction with the verification of government-issued identification documents. According to the website of Worldcoin, the company is in the process of constructing blockchain infrastructure in order to provide banking services to the unbanked people of the globe. This will allow everyone to "broadly share the coming technological prosperity." "Privacy comes first. This is the tagline that says, "Owned by everyone." However, many people are suspicious, including Vitalik Buterin, the developer of Ethereum. He was the one who made a blog post in which he listed his worries about the privacy, accessibility, centralization, and security of the protocol, and he said that it might take years for it to function. #WLD #Write2Earn #TrendingTopic

6 days ago

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