According to the latest market trends, the artificial intelligence (AI) coin bittensor (TAO) has overtaken internet computer (ICP), now sitting as the second largest AI-focused coin, just below near protocol (NEAR). TAO’s 5.7% 24-Hour Jump Pushes it Ahead of ICP in AI Coin Market Kicking off the week, despite a general market slump, bittensor (TAO) …
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The crypto presale space is heating up as we enter the fourth quarter of 2024. Investors are eager to uncover the next low-cap gems before they take off, and October looks set to deliver some exciting opportunities. In this article, we’ll look at three promising crypto pre-sale projects that could bring serious gains next month. …
Analysts have begun to try to explain the weak performance of HMSTR, the Hamster Kombat official game token, since its token generation event and subsequent airdrop. Neomarkets chief analyst Oleg Kalmanovich assessed that one of the key problems for the projects included the dilution of HMSTR, calling its airdrop a time Ponzi scheme. Hamster Kombat …
Continue reading “Players Eye Lawsuits as Analysts Label Hamster Kombat a ‘Time Ponzi Scheme’”
The crypto economy had a fairly solid week, though Monday morning brought a bit of a dip. The market currently holds at $2.26 trillion, reflecting a 1.6% drop over the last 24 hours. Among the big winners, meme coin MOODENG took the spotlight, soaring by 400%, while ETHW snagged second place with an 82% rise …
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On Sept. 30, 2024, ethereum’s price showed consolidation near $2,630 after testing key support and resistance levels. The market exhibits mixed momentum, as oscillators point to neutrality while moving averages provide conflicting signals. Traders are closely watching whether the second leading crypto asset will break through resistance or test lower support zones, given the current …
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PRESS RELEASE. UBXS, the leading blockchain platform revolutionizing real estate tokenization, is proud to announce a strategic partnership with Chainlink, the decentralized oracle network powering hybrid smart contracts. Through this partnership, UBXS aims to integrate Chainlink’s secure and reliable oracles with an AI structure to enhance its tokenized real estate system, creating a more transparent, …
Bitcoin’s price has entered a critical juncture, with the leading crypto asset showing signs of consolidation after a sharp sell-off from its high of $66,000. On September 30, 2024, the price stabilized around $63,682, supported by mixed technical indicators across various timeframes. The potential for both short-term rebounds and further declines currently creates an uncertain …
Continue reading “Bitcoin Technical Analysis: Bearish Momentum Meets Critical Support”
An analyst known as a “Master Trader” on the crypto exchange Bybit believes October will be a bullish month for Dogecoin (DOGE). Pseudonymous analyst Bluntz tells his 276,900 followers on the social media platform X that top memecoin DOGE appears to be in the early stages of a five-wave rally. The trader practices Elliott Wave …
The stablecoin industry will have to weather significant losses in interest income following the Federal Reserve’s latest rate cut, a new report from CCData shows. In its latest report on stablecoins and central bank digital currencies (CBDCs), the digital asset data and index provider notes that the vast majority of the top five stablecoin issuers’ …
Closely followed economist and trader Alex Krüger says that Solana (SOL) exceeding the market cap of Ethereum (ETH) isn’t as farfetched as many investors believe. In a new discussion on the Unchained podcast, Krüger addresses Multicoin Capital managing partner Kyle Samani’s perspective that Solana will eventually flip Ethereum. Krüger says that he’s long-term bullish on …
Ethena Labs, the developer of the “synthetic dollar” USDe, revealed that the community is reviewing a proposal to launch a decentralized crypto exchange to drive the asset’s growth. Ethereal On Sept. 30, Ethena community member Fells0x proposed the launch of “Ethereal,” a decentralized exchange (DEX) on the Ethena network. According to the proposal, Ethereal V1 …
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Bankrupt FTX’s native FTT token has spiked by around 50% during the past day amid false rumors of upcoming credit repayments. Data from CryptoSlate shows that FTT peaked at $2.75—its highest value since March—but has slightly retraced to $2.14 as of press time. This represents a 56% increase over the past week and a 71% …
Continue reading “FTX creditors misled as token value jumps 50% on repayment rumors”
Ethereum co-founder Vitalik Buterin believes that integrating decentralization and cooperation is one of the most pressing social challenges in the Ethereum ecosystem. There is a diverse group of researchers and developers who are “all building toward their own visions of what Ethereum can be,” Buterin wrote in his blog on Saturday. He noted: “The primary …
The Canadian Securities Administrators (CSA) have announced an updated regulatory framework for stablecoins, also known as value-referenced crypto assets (VRCAs), with a new compliance deadline set for December 31, 2024. The updated regulations emphasize transparency and investor protection, requiring stablecoin issuers to maintain appropriate reserves with qualified custodians and to publicly disclose information about their …
Matrixport, a crypto financial services provider with $6 billion in assets under management, has completed its all-cash acquisition of Crypto Finance Asset Management AG, a licensed Swiss crypto asset manager previously part of the Deutsche Börse Group. Renamed Matrixport Asset Management AG, the unit will continue to provide institutional-grade crypto investment solutions, including managing the …
