The number of total crypto wallets holding Dogecoin (DOGE) has just hit the 5 million mark, which can be considered a remarkable milestone for the blockchain. This milestone coincides with a huge increase in Dogecoin’s user activity. Dogecoin Sees Both Adoption And Usage The Dogecoin network is blossoming.  According to on-chain data aggregator IntoTheBlock, the number of crypto addresses holding DOGE has reached 5 million for the first time. Usually, an increase in the number of wallets holding a token suggests that the ecosystem is growing in terms of adoption, and this is no different for Dogecoin. This 5 million wallets milestone comes as Dogecoin user activity heats up. Notably, the number of active addresses on the network has more than doubled in the last day to 168,000, reaching the highest level of involvement since March 2022. Although the total number of addresses with a DOGE balance does not precisely translate to the number of holders, it offers a reasonable estimate of the number of people who own the leading meme coin. Further, Dogecoin has seen an astounding surge in the number of confirmed transactions as they soared to the highest since June. This number has rocketed by a staggering 1,000% in the last 10 days. DOGE Price Prediction: Can it Reach $1? Dogecoin has been on the radar of many top cryptocurrency pundits in recent weeks because its technical indicators have been flashing bullish for the longest time. The coin has also enjoyed bullish fundamentals, including the announcement from the team that a physical DOGE token is being sent to the moon in a December mission by space payload transporter Astrobotic. However, DOGE has underperformed top-ranking cryptocurrencies like Bitcoin so far in 2023. The coin is down 15.7% YTD, compared to BTC’s 135% gains in the same period. On Nov. 28, DOGE’s price jumped over 4.2% to $0.080644, as per CoinGecko data. The 10th-ranked coin by market capitalization might be gearing up to achieve $0.10, or even the highly coveted $1 mark. Considering the high levels of adoption and usage that the canine-themed crypto is experiencing at the moment, the odds are certainly looking in favor of the bulls. Notably, DOGE needs an 88.95% rise to reclaim its May 2021 high of $0.7315.

The post 7 Top Cryptocurrency Coins To Invest In For 2024 That Holders Could See Explode appeared first on Coinpedia Fintech News Cryptocurrency investing has become an extremely profitable activity for investors who can pick the right coins. However, with over 10,000 token in existence and more launching each day, it can be challenging to identify the top crypto performers. This article will highlight seven promising cryptocurrencies investors may wish to buy and hold through 2024. 1. Meme Kombat (MK) One of the top crypto coins that could explode in 2024 is Meme Kombat (MK), a gaming platform built on the Ethereum blockchain. Meme Kombat’s main feature is a battle arena where users can watch AI-powered fights between meme characters and bet on their outcomes. Prizes are paid out in MK, Meme Kombat’s native ERC-20 token, which can also be staked to earn high yields. Due to its meme coin branding and unique features, Meme Kombat has attracted massive attention in its presale and raised over $2.2 million. Early investors can buy MK tokens through the presale for $0.214 before their DEX launch in January. 2. Bitcoin ETF Token (BTCETF) Next is Bitcoin ETF Token (BTCETF), designed to speculate on the potential market impacts of a spot BTC ETF being launched in the US. Due to the seismic nature of a spot ETF launch, many early backers believe the BTCETF price could soar – especially given its unique tokenomics setup. Every time an ETF approval milestone is reached, such as an official launch date, 5% of the total BTCETF supply will be burned. In addition, a 5% transaction tax will be implemented on BTCETF transfers, further reducing the total supply over time and potentially enhancing value. Although not yet available on exchanges, would-be investors can buy BTCETF tokens for $0.006 ahead of its IEO through the presale at btcetftoken.com. 3. TG.Casino (TGC) TG.Casino (TGC) is a top crypto casino integrated directly into the Telegram app, allowing users to play casino games and bet on sports markets anonymously. Offering fast deposits/withdrawals and boasting a gaming license from Gaming Curacao, TG.Casino seeks to set itself apart from other projects in the GambleFi space. The casino’s native token, TGC, can be staked to earn impressive yields and is also part of a buyback-and-burn mechanism designed to reduce the total supply. TG.Casino users who gamble using TGC will even receive 25% cashback on their losses. The TGC presale has already raised over $3.1 million in funding, with early investors able to buy TGC tokens at the discounted price of $0.17. 4. Bitcoin Minetrix (BTCMTX) Bitcoin Minetrix (BTCMTX) is another cryptocurrency that could explode in 2024 due to its unique Stake-to-Mine feature. This feature allows users to stake BTCMTX, the ecosystem’s native token, to earn cloud mining credits. These credits can then be burned to earn mining power – used to mine Bitcoin virtually and earn recurring rewards. Users can also stake their BTCMTX tokens to earn yields of 132% per year, thereby creating a dual-earning approach that could prove fruitful over the long term. Like the three projects mentioned previously, Bitcoin Minetrix is still in its presale phase, yet interested investors can buy BTCMTX tokens during the current stage for  5. Solana (SOL) Solana (SOL) is already a top crypto that investors may wish to watch in 2024 due to its potential in the blockchain space, and deep correction from its all-time high ($260 in Nov 2021, now $60 as of late 2023). Boasting fast transaction speeds, low fees, and immense scalability, Solana has become the go-to blockchain for many DApp developers. Additionally, Solana has obtained partnerships with companies like Visa, helping boost credibility and adoption. If integration and innovation continue at their current rate, Solana could be poised to compete with Ethereum next year – which might be great news for the SOL price. 6. Immutable (IMX) Investors seeking a top crypto project may also wish to consider investing in Immutable (IMX), given that it acts as a layer-2 scaling solution for NFTs. Immutable offers benefits like instant trade confirmation, zero gas fees, and carbon-neutral minting. Moreover, Immutable has forged partnerships with the likes of GameStop, helping boost its visibility and create new use cases. With the IMX token now listed on an array of Tier-1 exchanges, there’s a chance it could continue growing in 2024 as layer-2 solutions become more widely used. 7. Celestia (TIA) Lastly, Celestia (TIA) is a modular blockchain network that addresses scalability issues by decoupling execution from consensus. This approach is designed to help Celestia solve the scalability issues facing major chains like Ethereum. Using Celestia, developers can build custom blockchains themselves while benefiting from the security of the main consensus layer. In Q4 2023 TIA has already ranked among the top trending crypto projects, thanks to its recent Coinbase listing. As more developers use Celestia to build, there’s likely to be increased demand for the native TIA token – which could see it explode in 2024. 

Forex liquidity and currency swaps are hard to access for many in Africa, which limits the use of United States dollar-based services in the continent’s import-dependent economies. This creates a vacuum that decentralized finance (DeFi) could solve, leveraging cryptocurrencies, blockchain networks and services, according to the CEO of Canza Finance, Pascal Ntsama IV. Speaking with Cointelegraph, the CEO and co-founder of Canza Finance — a neobank enabling decentralized cross-border payments for Africans — said that Canza’s new DeFi technology, Baki, aims to address this challenge by providing decentralized foreign exchange (FX) for African currencies, enabling slippage-free swaps at central bank rates. It also seeks to create a hub for businesses to participate in intra-African and FX trades at a reduced cost. When exchanging local African fiat currencies, funds exit Africa, causing inflation in the dollar value and increased costs due to currency slippages. Baki addresses this by enabling traders to swap currencies without loss, trading at official central bank prices. DeFi in Africa is projected to show an annual growth rate of 21.99% and reach over half a million users by 2027. However, industry experts have argued for revisions to these projections as grassroots penetration of blockchain products continues to record new highs. In response to whether Baki’s services would work in countries like Nigeria, where blockchain technology has yet to be broadly adopted even after approval, Ntsama said Baki is built to work with the current regulatory climate as it leverages existing user behaviors to tackle problems with blockchain technology. He maintained that a positive shift in regulation would bring more industrial and institutional adoption for Baki. Ntsama said that in a conventional FX swap, the agent assumes local currency risk until they can recycle the position, necessitating the pricing of that risk for the buyer. Baki reduces these risks by swapping similar currencies at the official rate, enabling the agent to swap again with minimal slippage when entering U.S. dollar positions. According to Ntsama, users and entities providing liquidity for Baki earn yield from the 80 basis points fee charged on every currency swap in the system. This yield is split 50% to the liquidity providers, 25% to Canza Finance native tokenholders and 25% to Canza Finance itself. Magazine: Bitcoin in Senegal: Why is this African country using BTC?

💲 BTC price stands at $38,000, while the US GDP grew by 5.2% in the third quarter of 2023. 📅 Since the beginning of November, the price of Bitcoin (BTC) has approached $38,000 several times in attempts to rise above $40,000. 📉 Despite the golden crossover of the 50 and 200-day moving averages (MA) during the day, Bitcoin's price is likely to return to the support range between $31,000 and $32,000 in the short term to attract more buyers. Additionally, over the past three weeks, the flagship crypto asset has been forming a bearish daily Relative Strength Index (RSI). 💹 The price of Bitcoin has significantly benefited from rising interest rates in the United States last year. The banking crisis earlier this year was a manifestation of institutional investors and retail traders flocking to Bitcoin. However, the Biden administration has tightened its monetary policy to control the cryptocurrency's wild speculation, aiming to support Gross Domestic Product (GDP). 📈 According to the latest data from the US Bureau of Economic Analysis (BEA), real Gross Domestic Product (GDP) in the third quarter increased by 5.2% annually. 📊 The third-quarter GDP surge represents a significant increase compared to 2.1% in the second quarter, signaling a revision towards an initial estimate of 4.9% published last month. Consequently, the country's real GDP is nearly recovering its previous peak recorded in the fourth quarter of 2021. 🔮 What to expect from the market in the near future? It is expected an increase in capital inflow into cryptocurrency investment products is expected, as the first half of 2024 will witness the fourth halving event, which is expected to stimulate macroeconomic indicators' growth. Furthermore, gold is on the verge of a historic breakthrough that will accelerate the transition to quality in the coming quarters. Additionally, market experts believe that the US dollar is in the final stage of global dominance as the world's reserve currency amid the rise of the BRICS alliance and the adoption of Bitcoin. 🚀💹📊📈 #cryptocurreny #Bitcoin2024

Web3 has been gaining momentum. However, with general understanding remaining low, the burning question becomes—is the adoption of web3 a reality or merely hype? The internet has become ubiquitous in people’s everyday lives, molding their reading choices, shopping preferences, entertainment options, and communication methods.  A Sandvine global internet report from earlier in the year revealed that the average person spends as much as eight hours on online apps. However, there has been growing unease about the access and control of people’s intimate information. Large tech firms have increasingly come under the cosh for their handling and potential misuse of personal data and their substantial influence over the internet due to their market supremacy. Per the Sandvine report, nearly half (48%) of the total internet traffic was directed through titans like Microsoft, Alphabet (Google), Meta (formerly Facebook), Amazon, and Apple, a group commonly referred to by the acronym MAMAA. For this reason, there has been a conscious push to reclaim power from big tech, giving birth to the idea of web3. This is the latest evolution of the internet, which, if its proponents are to be believed, is poised to democratize online spaces. Web3 traces its origins back to 2014 when Ethereum (ETH) co-founder Gavin Wood first coined it. The idea builds upon previous iterations of the internet, namely Web 1.0 and Web 2.0. Web 1.0 offered users static, read-only webpages, while Web 2.0 ushered in more interactivity.  While web3 has been a topic of discussion for several years, it gathered significant momentum in 2021, fueled by the rise of blockchain technologies, the expansion of non-fungible token (NFT) markets, and the influx of venture capital investments. Current state of web3 adoption Recently, Consensys released a report on the state of web3 adoption, which looked at use cases, popular mechanics, results, and barriers to entry.  According to the report, while cryptocurrency has made its mark worldwide, with a notable percentage of the global population acknowledging their familiarity with it, the understanding of web3 remains startlingly low, with only 8% of respondents to the study expressing a solid grasp of the concept. Interestingly, despite the limited knowledge, web3’s fundamental principles still resonate with many. Half of the respondents on the Consensys survey believe these principles enrich the internet’s value, while 67% firmly believe in the right to own what they create online. Privacy concerns were also a dominant issue, with 83% of respondents prioritizing data privacy. Furthermore, 70% believed they should receive a portion of the profits from their data, and a similar percentage desired enhanced control over their online identities. Another study carried out by Coinbase revealed that most people’s awareness of web3 use cases revolved around crypto payments for goods and services. According to the data, 30.8% of participants had used at least one web3 service in the past, with usage being more widespread in emerging markets.  Further, 45.8% of respondents from emerging markets had used at least one web3 service, compared to 22% in developed markets. The disparity might stem from the versatility of digital currencies, especially in contexts where access to stable traditional currencies is restricted. Interestingly, per the Coinbase study, high awareness of web3 services did not guarantee high adoption. Despite being third and fifth on the awareness scale, trading on centralized exchanges (CEXs) and blockchain gaming were the most used services. Conversely, staking for returns, a lesser-known service, secured the third spot on the adoption chart. CEXs remain the preferred choice in developed markets, offering a familiar touchpoint for those accustomed to traditional financial systems. The data also revealed that web3 gaming has seen a surge in popularity in emerging markets, given the minimal initial investment and potential for crypto rewards. For instance, crypto gaming and metaverse participation in Thailand are prevalent, whereas, in France, no web3 use case exceeded a 4% adoption rate. The Coinbase study showed about 40% of crypto users engaged with multiple web3 services in the last year, reflecting the interconnected nature of these platforms.  Services cluster into three categories: payments, trading, and other web3 services, reflecting their interdependence. For example, gaming and NFTs correlate highly because many gaming tools are stored as NFTs on the blockchain.  Similarly, staking for returns requires interaction with a centralized or decentralized exchange, explaining the high correlation between these service categories.    The current state of web3 adoption indicates a dynamic, evolving landscape, differing significantly across markets and use cases.  However, as awareness and understanding of crypto services continue to grow, the adoption patterns may shift, further molding the future of the web3 world. For instance, 46% of respondents in the Coinbase survey plan to adopt at least one form of web3 services in the future.  Indeed, companies like ivendPay, which have been integrating cryptocurrencies into banking terminals across Europe, have shed light on the changing consumer behavior toward using cryptocurrencies for purchases.  Speaking to crypto.news, ivendPay chief business development officer (CBDO), Eugene Tkachevsky, revealed that the company initially catered mostly to crypto enthusiasts. However, they have noticed an expansion in their consumer base that now shows more interest in using crypto as a payment method. Tkachevksy credited this change to their instant crypto-to-fiat conversion system which enables merchants to reach a wider, technology-driven audience ready to spend their crypto assets, effectively attracting new customers and presenting more opportunities for consumers to utilize their cryptocurrency. You might also like: Staying safe in web3: your guide to dapps security Factors influencing web3 adoption People’s fascination with web3 stems from growing concerns over data privacy and the desire for power democratization. There’s also a greater appreciation of decentralized systems, which promise fair power distribution. However, the transition from Web 2.0 to web3 is a significant shift that requires understanding and adapting to new concepts, technologies, and ways of interaction.  Several factors have influenced web3 adoption, including utility, ease of use, compatibility, reliability, cost, regulation, and marketing and promotion. Utility: For web3 to grow, it must provide a noticeable benefit for users. For example, crypto drew people because of the promise of making money; however, this motive is fading as speculation decreases.  Like the dot-com bubble, web3’s value would not last without solid use cases and improvements beyond the existing systems. Therefore, the technology must identify new ways to add value, create markets, and enhance digital ownership and peer-to-peer exchanges. Ease of use: Buying crypto from a centralized exchange like Binance may be simple; however, understanding the intricacies of blockchain technology, including the different chains, layers, and consensus mechanisms, is more challenging.  For web3 adoption to continue, ease of use is crucial. It’s essential to strike a balance between usability and depth of understanding. Compatibility: Web3 must be compatible with existing technologies to allow easy integration into pre-existing processes.  Accessibility and integration with other technologies without significant hurdles are also vital. Builders of web3 systems should ensure they are compatible with wallets and IoT devices and make the transition between fiat and crypto more efficient. Reliability: Web3 technology must be robust, have minimal downtime, and be secure against hacks and scams. While protocol-level security seems adequate, the technologies built on top need significant improvements. Affordability: This also plays a significant role in web3 adoption. Proponents claim web3 is not only openly accessible but has few entry barriers since it’s built on top of legacy systems. They also claim it has the potential to bring down costs and fees for services and ensure cost efficiency outperforms existing mechanisms. Regulation and marketing: Effective marketing and regulation can popularize web3 and clear any regulatory obstacles in its adoption. However, the marketing strategy should focus on the technology’s potential and use cases rather than price fluctuations and market cycles.  As for regulation, collaboration with regulatory bodies is necessary for web3’s widespread adoption, especially on the money crypto side. Future prospects of web3 Web3 is reshaping the landscape of the digital era, with features like NFTs and decentralized finance (defi) leading the way. While NFTs are primarily famous as quirky JPEGs, they are finding new uses, paving the way for unique digital asset ownership in several fields, including social media, gaming, and metaverses. Similarly, defi is revolutionizing the financial sector, with its potential to provide services to more than 1.7 billion unbanked people worldwide.  Meanwhile, web3 gaming stands to be boosted by play-to-earn models and blockchain incorporation. Statistics show about 20% of NFT sales and 49% of crypto activity came from games. Further to that, decentralized autonomous organizations (DAOs) are showing promise in revolutionizing management systems. DAOs operate autonomously through smart contracts, and some proponents of the system have suggested they have the potential to go beyond cryptocurrencies to replace traditional banking and judicial systems. Looking further ahead, there are expectations that web3 infrastructure will improve due to competing blockchains, that developers will increasingly adopt NFTs, and that significant publishers will incorporate web3 into their games. Additionally, industry watchers believe new web3 users will save tokens in defi protocols as an alternative to traditional banking, while DAOs are likely to see more experimentation. The observable shift in consumer behavior suggests a growing acceptance of web3 technologies, according to ivendPay CBDO Eugene Tkachevsky. “With the rise of web3, we’re seeing blockchain slowly becoming a part of our daily lives. This process is being sped up as governments are getting involved and working on rules for regulation. This shows that web3 and blockchain aren’t just passing trends; they’re becoming integral parts of our future, impacting everything from gaming and NFTs to local finance and international payments.” Eugene Tkachevsky, CBDO ivendPay While some critics suggest the excitement about web3 is technologically motivated rather than user-driven, Tkachevsky offered a contrasting perspective.  He believes users are at the heart of everything. Without them and their faith, technologies like the internet, NFC payments, or Bitcoin (BTC) would not exist as we know them.  He also noted the significant rise of non-tech-savvy individuals joining the industry, suggesting that the power of web3 should not be underestimated, even as observers remain cautious about its future. Read more: Ready for changes? Anticipating the web3 revolution in 2024 | Opinion

Which cryptocurrencies have gained or lost the most in the past 30 days?   The cryptocurrency market is dynamic and November 2023 was no exception. While some cryptocurrencies saw significant gains, others experienced sharp declines. Understanding the factors that drive price movements is crucial for investors seeking to navigate the market effectively. November 2023 marked a period of significant shifts in the cryptocurrency landscape, with certain coins experiencing remarkable gains while others faced notable declines. As the cryptocurrency space continues to mature and attract institutional attention, the factors influencing price movements are becoming increasingly complex. While supply and demand remain fundamental drivers, broader economic conditions, technological advancements, and regulatory developments play increasingly significant roles. Additionally, the actions of large investors, known as whales, can have a substantial impact on prices, particularly in less liquid markets. Understanding the interplay of these diverse factors is essential for making informed investment decisions in the cryptocurrency market. By carefully analyzing market trends, conducting thorough research, and adopting a risk-averse approach, investors can navigate the volatile waters of the crypto space with greater confidence and potentially reap the rewards of this burgeoning digital frontier. As per data on Binance , the top crypto gainers and losers of November are as follows: Top Crypto Gainers The top five gainers in November were: FTX Token (FTT): FTT is the native token of the FTX cryptocurrency exchange. It saw a significant gain of over 200% in November, likely due to the exchange's growing popularity and the launch of its new venture capital fund, FTX Ventures.Celestia (TIA): TIA is a layer-1 blockchain platform that aims to make it easier to build decentralized applications (dApps). It saw a gain of over 180% in November, likely due to growing interest in its technology and the launch of its new mainnet.Kaspa (KAS): KAS is a new cryptocurrency that uses a novel proof-of-work algorithm. It saw a gain of over 150% in November, likely due to its unique features and the growing popularity of proof-of-work mining.THORChain (RUNE): RUNE is the native token of the THORChain cross-chain liquidity network. It saw a gain of over 120% in November, likely due to the growing popularity of decentralized finance (DeFi) and cross-chain bridges.Sei (SEI): SEI is a new DEX that is built on Cosmos and uses a stablecoin-only order book. It saw a gain of over 100% in November, likely due to its unique features and the growing popularity of Cosmos. Top Crypto Losers The top five losers in November were: Bitcoin Cash (BCH): BCH is a fork of Bitcoin that aims to improve scalability and transaction speed. It saw a loss of over 9% in November, likely due to the overall bearish market sentiment and the fact that it has failed to gain widespread adoption.Conflux (CFX): CFX is a layer-1 blockchain platform that is backed by the Chinese government. It saw a loss of over 7% in November, likely due to the overall bearish market sentiment and concerns about its centralized nature.Bitcoin SV (BSV): BSV is another fork of Bitcoin that aims to restore the original Bitcoin protocol. It saw a loss of over 6% in November, likely due to the overall bearish market sentiment and its controversial founder, Craig Wright.Quant (QNT): QNT is the native token of the Quant Overledger platform, which connects different blockchains and networks. It saw a loss of over 5% in November, likely due to the overall bearish market sentiment and the fact that it is a relatively new and unknown project.Aptos (APT): APT is the native token of the Aptos blockchain platform, which is still under development. It saw a loss of over 2% in November, likely due to the overall bearish market sentiment and the fact that it is not yet fully launched. Conclusion The cryptocurrency market is volatile, and investors should always do their own research before investing. The top gainers and losers in November are just a snapshot of the market, and past performance is not indicative of future results.

Bitcoin (BTC), the oldest and most valued cryptocurrency in the world, managed to climb above the $38,000 mark early Thursday. Popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), Litecoin (LTC), and Dogecoin (DOGE) — landed in the greens across the board. The SEI token, which was the biggest gainer on Wednesday, turned out to be the biggest loser today morning, with a 24-hour dip of over 12 percent. IOTA, on the other hand, became the biggest gainer, with a 24-hour jump of nearly 43 percent. The global crypto market cap stood at $1.43 trillion at the time of writing, registering a 24-hour jump of 0.08 percent.Bitcoin (BTC) Price TodayBitcoin price stood at $38,061.35, registering a 24-hour gain of 0.41 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 33.30 lakh.Home Business Cryptocurrency Cryptocurrency Price Today: Bitcoin Rises Above $38,000, IOTA Gains Nearly 43%Cryptocurrency Price Today: Bitcoin Rises Above $38,000, IOTA Gains Nearly 43%Cryptocurrency price on November 30 quick take: The global market cap stood at $1.43 trillion.Cryptocurrency Price Today: Bitcoin Rises Above $38,000, IOTA Gains Nearly 43%Bitcoin price stood at $38,061.35 on Thursday. ( Image Source : fabrikasimf/Freepik )NEXTPREVBitcoin (BTC), the oldest and most valued cryptocurrency in the world, managed to climb above the $38,000 mark early Thursday. Popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), Litecoin (LTC), and Dogecoin (DOGE) — landed in the greens across the board. The SEI token, which was the biggest gainer on Wednesday, turned out to be the biggest loser today morning, with a 24-hour dip of over 12 percent. IOTA, on the other hand, became the biggest gainer, with a 24-hour jump of nearly 43 percent. The global crypto market cap stood at $1.43 trillion at the time of writing, registering a 24-hour jump of 0.08 percent.Bitcoin (BTC) Price TodayBitcoin price stood at $38,061.35, registering a 24-hour gain of 0.41 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 33.30 lakh.Ethereum (ETH) Price TodayETH price stood at $2,041.37, marking a 24-hour dip of 0.49 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 1.78 lakh.Dogecoin (DOGE) Price TodayDOGE registered a 24-hour gain of 1.39 percent, as per CoinMarketCap data, currently priced at $0.08177. As per WazirX, Dogecoin price in India stood at Rs 7.10.Litecoin (LTC) Price TodayLitecoin saw a 24-hour jump of 0.38 percent. At the time of writing, it was trading at $70. LTC price in India stood at Rs 6,125.20.Ripple (XRP) Price TodayXRP price stood at $0.6091, seeing a 24-hour dip of 0.52 percent. As per WazirX, Ripple price stood at Rs 52.80.Solana (SOL) Price TodaySolana price stood at $60.67, marking a 24-hour jump of 3.41 percent. As per WazirX, SOL price in India stood at Rs 5,249. Top Crypto Gainers Today (November 30)As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:IOTA (IOTA)Price: $0.248624-hour gain: 42.94 percentInjective (INJ)Price: $17.7924-hour gain: 7.58 percentTHORChain (RUNE)Price: $6.4524-hour gain: 6.03 percentKuCoin Token (KCS) Price: $8.2224-hour gain: 4.27 percentTerra Classic (LUNC)Price: $0.000122824-hour gain: 4.19 percentTop Crypto Losers Today (November 30)As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:Sei (SEI) Price: $0.24624-hour loss: 12.79 percentUniswap (UNI)Price: $5.9924-hour loss: 5.45 percentKlaytn (KLAY)Price: $0.190624-hour loss: 5.12 percentBlur (BLUR)Price: $0.509924-hour loss: 4.80 percentAxie Infinity (AXS)Price: $6.4224-hour loss: 3.96 percentWhat Crypto Exchanges Are Saying About Current Market ScenarioMudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin's trading activity has centred around the $37,800 level in the last 24 hours, aligning with Swiss asset manager Pando Asset's application to enter the Bitcoin Spot ETF competition in the US as the 13th participant. The addition of another established global player enhances the prospects of a favourable decision on the spot ETF. To maintain its positive momentum, Bitcoin will need to breach the resistance at the $38,100 level or risk finding support around the $37,700 level. Meanwhile, Ethereum remains above the $2,000 level.”Rajagopal Menon, Vice President, WazirX, said, “Bitcoin stands resilient amidst market fluctuations and currently holds a market cap of $740.47 billion, with a dominance of 49.7 percent. Notably, Bitcoin's current price is approximately $37,800, showcasing its sustained strength and growing adoption as a reliable store of value. Altcoins demonstrate diverse movements, underscoring the need for vigilance in this dynamic crypto landscape."Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “The current Bitcoin (BTC/USD) technical outlook on a 4-hour chart indicates key levels to monitor. The pivot point at $37,161 establishes a baseline, while immediate resistance is observed at $38,684. Further resistance lies at $39,933 and $41,395, serving as potential targets for bullish momentum. Solid support is evident at $35,912, with additional cushions at $34,419 and $33,140. The Relative Strength Index (RSI) at 60 suggests a tempered bullish sentiment, and the Moving Average Convergence Divergence (MACD) at 93.89 hints at a cooling bullish trend. Bitcoin's price above the 50-Day Exponential Moving Average (EMA) of $37,333 supports a short-term bullish narrative, with an ascending triangle pattern suggesting potential upward movement upon breaching the $38,000 resistance. In summary, the trend remains bullish above $37,333, with the short-term forecast eyeing a test of $38,684 resistance. Market dynamics and sentiment will likely influence the narrative in the coming days.”Shivam Thakral, CEO of BuyUcoin, said, “The crypto market remained flat over the past 24 hours with BTC and ETH trading at $37,889.93 and $2,036.21 respectively. The possibility of a rate cut by the Fed will keep the market sentiment positive as any rate cut may spark economic activity and cheer the global financial markets in the long term. As we approach the end of this year, 2024 looks promising with sustained growth for the digital asset market.” CoinDCX Research Team noted, "BTC retraced from the $38,000 resistance level following the Wall Street open on November 29, influenced by better-than-expected U.S. gross domestic product (GDP) figures. Despite the prior push above $38,000, BTC fluctuated around that level and eventually dropped after the release of U.S. macro data. Currently, BTC is hovering near that resistance level."

In a groundbreaking survey conducted by the International Federation of the Phonographic Industry (IFPI) as part of their Engaging With Music 2023 research, a resounding majority of music fans worldwide have expressed their belief that the use of artificial intelligence (AI) in music creation should be subject to restrictions. With responses from over 43,000 individuals across 26 countries, this comprehensive survey is the largest of its kind, shedding light on the sentiments and concerns of music enthusiasts in the digital age. Overwhelming support for human creativity The survey revealed that 79% of participants firmly believe that “human creativity remains essential to creating music.” This resounding endorsement of the irreplaceable role of human creativity in music underscores a prevailing sentiment among music aficionados. AI mimicry sparks concerns One of the key issues explored in the survey pertained to generative AI’s ability to mimic the music of existing artists. An overwhelming 76% of respondents believed that AI should not be permitted to use an artist’s music or vocals without obtaining explicit permission. This demonstrates a strong desire among music fans for transparency and respect for the intellectual property rights of artists. Reservations about AI cloning Additionally, 74% of those surveyed agreed that AI should not be employed to clone or impersonate artists without proper authorization. The concern over AI-generated music replicating the unique styles and voices of established artists reflects the importance placed on preserving the authenticity of the art form. Support for restrictions on AI Most participants, totaling 70%, advocated for restrictions on what AI can do in music creation. This sentiment highlights the need for clear boundaries and ethical guidelines to govern the use of AI in music production. Furthermore, 64% of respondents believed that governments should play a role in establishing and enforcing these restrictions, emphasizing the importance of regulatory oversight in this rapidly evolving field. IFPI CEO acknowledges fans’ stance Frances Moore, Chief Executive Officer of the IFPI, acknowledged the survey’s findings, stating, “While music fans worldwide see both opportunities and threats for music from artificial intelligence, their message is clear: authenticity matters.” She emphasized that fans strongly believe that AI systems should only use music with pre-approved permission and should be transparent about the material they incorporate. Divisive topic in the music industry AI in music remains a divisive topic within the music industry, with conflicting opinions among musicians and creators regarding its adoption in the creative process. These survey results are timely reminders for policymakers as they grapple with implementing standards for responsible and safe AI use in the music domain. AI-created music eligible for Grammy awards Interestingly, this survey comes on the heels of a significant development in the music industry. Just four months ago, it was revealed that AI-created music is now eligible for nomination at the Grammy Awards, following recent guideline changes. This change underscores the growing influence of AI in the music landscape. YouTube’s AI experiment and artist secrecy Furthermore, the music world has witnessed recent innovations in AI technology. YouTube launched an experimental feature called “Dream Track,” enabling select users to create music pieces using AI voice clones of renowned artists. However, in contrast to the survey findings, a separate survey conducted by Pirate Studios this month found that over half of artists using AI in their music-making process would not disclose their use of AI to the public. The IFPI’s Engaging With Music 2023 survey has unveiled a resounding call from music fans worldwide for restrictions on the use of AI in music creation. These findings underscore the importance of preserving human creativity and protecting artists’ intellectual property in the evolving landscape of music technology. As policymakers and industry stakeholders navigate the complex terrain of AI in music, these insights will undoubtedly shape the ongoing discourse surrounding AI’s role in the creative process.

Shiba Inu: How Much Money Can You Earn if SHIB Reclaims Its ATH? Shiba Inu’s value has faced challenges recently, but the growing adoption of the Shibarium network and improved market sentiment might propel the meme coin’s price. SHIB’s remarkable price surge of 1000% back in October 2021 had given hope to SHIB holders. This was when the asset reached its all-time high of $0.00008616. It has now been 23 months since that milestone, and SHIB has encountered ongoing difficulties in reattaining that position. However, the bets on the asset continue to grow. This article will explore the potential earnings from a $1,000 investment today, should Shiba Inu achieve its previous all-time high. It should be noted that SHIB is currently trading at $0.000007343, with a daily drop of 0.34%. The asset’s market cap is currently $4.33 billion. From $0.00000734 To $0.00008616: How much can a $1000 investment in Shiba Inu rake in? To attain this milestone, the initial requirement is to shed one decimal place. Presently, the asset aims to trim its fifth decimal digit. Nevertheless, accomplishing this task is challenging due to the rather subdued state of its ecosystem. Even with the introduction of Shibarium, there was minimal impact on the asset’s performance. Given its current price, SHIB would need to surge by 1071% to reach its all-time high. Investing $1,000 at the current price of $0.00000734 per SHIB could result in investors acquiring 136 million tokens. Should Shiba Inu surpass its all-time high in the future, the $1,000 investment made today could potentially grow to $11,747. While this isn’t a life-changing amount, it should be noted that SHIB is no longer in its ‘Halycon Days.’ Whether Shiba Inu can reach its previous peak hinges on a range of factors, such as the broader performance of the cryptocurrency market, investor enthusiasm, and the achievements of SHIB-related initiatives or projects. Therefore, it is crucial to undertake comprehensive research and assess the inherent risks of cryptocurrency investments. #SHIBFuture #BinanceTournament

Sony and Microsoft, two of the biggest names in gaming, have been making significant moves towards blockchain technology in recent years. This is an important development, as it has the potential to not only revolutionize the gaming industry but it could be the Trojan horse that makes blockchain a mainstream possibility. Sony has filed a patent for a system allowing players to transfer digital assets between PlayStation titles using blockchain technology. This would enable unified progress and asset ownership across different games rather than having assets locked to individual games. Sony has also explored tokenizing in-game assets, allowing players to sell and trade them on secondary markets. Leaked documents show that Microsoft is planning to add crypto wallets to Xbox. This would allow players to trade assets across different platforms securely. Microsoft's goals in annual reports also align with this, as they are pursuing the acquisition of Activision Blizzard and acquiring Savage Game Studios for mobile. This suggests that Microsoft is serious about expanding its gaming presence and that blockchain could play a role. Blockchain gaming is a significant opportunity, so it's no surprise it is gaining attention from two gaming leaders. Estimates suggest the market’s value in 2025 could be up to 10% greater than in 2022. The main drivers of the growth of the blockchain gaming market include the increasing popularity of play-to-earn games, the growing demand for more immersive and engaging gaming experiences, and the increasing adoption of blockchain technology by game developers and publishers. The gaming market could grow by more than 10% between 2022 and 2025, according to some estimates. Source: Newzoo. But why blockchain in the first place? The traditional gaming industry primarily generates revenue through game sales, in-game purchases, and subscriptions, often limiting player ownership of in-game assets and focusing monetization strategies on microtransactions and downloadable content (DLC). While tokenization has been in games since the advent of the in-app purchase, the unique properties of blockchain offer true ownership of in-game assets, new revenue streams for players and creators, and more transparent and secure game economies, including the possibility for players to earn real-world value, community governance where players can influence game development decisions, and dividend-like payouts or staking rewards distributed to token holders. Ownership of characters, items, and currency also means that you can trade or sell those assets on secondary markets or use them in other blockchain games. Could game consoles make blockchain mainstream? This wouldn't be the first time Sony has brought previously niche, cutting-edge technology to the masses. In the early 2000s, Sony was one of the leading proponents of the Blu-ray disc format. Blu-ray eventually won the format war over HD DVD and is now the standard for high-definition optical discs. By partnering with other major companies, Sony created a critical mass of support for Blu-ray, which helped it become the dominant format. But including a Blu-ray player in the PlayStation 3 — followed by the PS4 and PS5 — put a cost-effective, high-definition movie cinema in over 239 million homes worldwide. The year before the launch of the PS3, the average cost of a Blu-ray player was more than $1,000 — and it didn't play games, unlike the $500 console. Today is a good day to play. We officially welcome Activision Blizzard King to Team Xbox. Together, we’ll create stories and experiences that bring players together, in a culture empowering everyone to do their best work and celebrate diverse perspectives. https://t.co/KBCESknYYh https://t.co/jTHOeH48Wx — Phil Spencer (@XboxP3) October 13, 2023 But the Japanese gaming giant has also dropped the ball several times. The Sony Aibo was arguably the best home robot ever created, and it seemed apparent to many that a PlayStation connection, which could play games with that capable metal dog and reprogram it, would have created the economy of scale needed to make it a must-have purchase. And many have commented on how PlayStation Home could be leagues ahead of anything Meta and others are creating to try and bring the metaverse to the home and office, yet it strangely disappeared when the PS4 came to life. Existing blockchain gaming hardware Of course, Sony and Microsoft aren't first to market in the blockchain gaming niche. There are several existing blockchain gaming hardware products on the market, including the Oculus Quest 2 and HTC Vive Pro 2 VR headsets that have blockchain games available for play today, and various high-end gaming laptops are available, such as the Alienware x17 R2 and Asus ROG Zephyrus G15. All of those devices, however, feel like those early Blu-ray players in terms of cost and inaccessibility to all. However, there are some options on the other end of the price scale. WOWCube is a 3D puzzle game console that allows players to interact with the digital world by twisting, shaking, and tilting the device, reminiscent of a Rubik's cube, and the company behind it has announced that they are working with developers to create blockchain games that can be played on the device. In 2021, Atari released a new version of its iconic VCS designed for blockchain gaming. It has a built-in wallet and support for multiple blockchains and comes pre-loaded with many blockchain games, including Atari Pong, Atari Breakout, and Atari Asteroids. It is also possible to sideload additional blockchain games onto the VCS. And the Anbernic RG552 is a handheld retro gaming console also released in 2021. While it targets those who want to play retro games, including games from the Atari 2600, Nintendo Entertainment System, and Super Nintendo Entertainment System, it can also be used to play blockchain games via the open-source RetroArch emulator. The road ahead is hashed with gaming gold Sony and Microsoft's move towards blockchain is a significant development for the gaming industry. Blockchain has the potential to revolutionize the way that games are designed, played, and monetized. There are challenges ahead, of course. Web3 games are excluded from significant gaming platforms and marketplaces to prohibit applications that issue or allow the exchange of cryptocurrencies or nonfungible tokens (NFTs). However, those hurdles could be lowered or eradicated with the might of two major gaming powerhouses pushing the agenda. Significant players like Sony, Microsoft, and Nintendo dominate the gaming console market. However, these platforms have yet to offer decentralized game development or digital asset ownership. On the other hand, various blockchain-based games exist. Still, no unified hardware platform optimizes the gaming experience for blockchain-native games, and all games are limited to personal computer use. If Sony and Microsoft change the landscape, or if any existing up-and-coming solutions become wildly popular, gaming — not financial services, real estate, voting, or NFTs — could successfully bring blockchain to the masses and even significantly impact the global technology landscape and cultural landscape. Maybe, as with Blu-ray, gaming is the way to put it in the hands of the general public and not just the technologically gifted. Olga Vorobyeva is the founder of Vox Consulting, a blockchain advisory firm, and a former head of marketing at SwissBorg, a crypto wealth management platform. She is a founding member of the Swiss Blockchain Association and advisor to startups in Switzerland's "Crypto Valley." She also serves as a mentor to the Alchemist startup accelerator. She holds a master's degree from the Plekhanov University of Economics and a certificate in management from The Wharton School of Business. This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

The price trajectory of TerraClassicUSD (USTC), an algorithmic stablecoin, has emerged as a hot topic for debate among crypto enthusiasts and analysts. The usual belief among most crypto advocates has always hinged around USTC boasting the potential to attain price levels in the range of $1. However, the timeline for such price movement to play out remains unidentified.  For context, USTC is valued at approximately $0.04365. An increment to the highly speculated $1 would imply a spike of about 2,190%. Notably, UTC’s all-time high (ATH), according to CoinGecko, was revealed to be $1.09, implying that the speculated $1 price projection is not far-fetched. With all of the above in mind, we deemed it fit to enquire from ChatGPT, one of the leading artificial intelligence (AI) models with diverse applications, especially in crypto price analyses and predictions.  ChatGPT’s insight – Is USTC $1 Price Target Imminent?  Per the artificial intelligence chatbot, predicting a specific price target, which includes a potential timeline, has always been a highly complicated task. ChatGPT noted that most cryptocurrency prices, including USTC, are highly unstable because of some underlying factors.  These factors were highlighted to include the interplay of market dynamics, adoption rate, technological advancements, regulatory changes, and global events.  In addition, the AI model did not downplay the roles of historical trends in offering a practical timeline for digital assets’ price trajectory.  In what sounded like a warning, ChatGPT noted that the above factors are mainly speculative and could be subject to change. Reasons Why USTC To $1 Seems to Be Growing Stronger  Per one of our previous reports, we revealed that USTC spiked by over 390% within a three-day interval. This unusual price movement re-ignited the almost damping hope of USTC attaining significant price levels.  Notably, USTC skyrocketed to about $0.066 within the period of the 390% surge. However, based on current standings, the token appeared to have shed off most accumulated gains. Other Relevant USTC Market Statistics Statistics provided by CoinGecko revealed that USTC is fluctuating heavily, as evidenced by its 24-hour maximum and minimum prices, which were $0.046 and $0.0365, respectively.  The crypto asset boasts a market capitalization of $391,027,370 and a trading volume of $424,199,391. The crypto asset is currently ranked 129, implying that the token still has a long way to go to compete with the top cryptocurrencies. 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.