Ethereum (ETH) Price Tanks 7.8% A Day After Dencun Upgrade, What’s the Next Support?
CoinGape (RSS)
The world’s second-largest cryptocurrency Ethereum (ETH) has come under very strong selling pressure a day after the successful implementation of the Dencun upgrade. At press time, the Ethereum (ETH) price is down 7.8% at a price of $3,669 with a market cap of just under $450 billion. Also, the daily trading volume in Ethereum has surged by 45% to $32.29 billion.
Ethereum (ETH) Price Levels to Watch Ahead
The Ethereum price faced resistance at the $4,000 level and initiated a downward correction, mirroring Bitcoin’s movement. ETH dipped below crucial support levels at $3,920 and $3,850, signaling a short-term bearish trend.
It briefly dropped below the $3,680 support area, reaching a low of $3,625 before consolidating losses. Currently, a s...
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CoinGape (RSS)
The world’s second-largest cryptocurrency Ethereum (ETH) has come under very strong selling pressure a day after the successful implementation of the Dencun upgrade. At press time, the Ethereum (ETH) price is down 7.8% at a price of $3,669 with a market cap of just under $450 billion. Also, the daily trading volume in Ethereum has surged by 45% to $32.29 billion.
Ethereum (ETH) Price Levels to Watch Ahead
The Ethereum price faced resistance at the $4,000 level and initiated a downward correction, mirroring Bitcoin’s movement. ETH dipped below crucial support levels at $3,920 and $3,850, signaling a short-term bearish trend.
It briefly dropped below the $3,680 support area, reaching a low of $3,625 before consolidating losses. Currently, a s...
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OKX Secures Landmark Investment In AI & DePIN Project
CoinGape (RSS)
In a momentous leap forward for AI infrastructure, OKX Ventures has sealed a groundbreaking investment deal with the DePIN project. This strategic alliance not only signifies a significant milestone in the realms of AI technology and decentralized networks but also heralds a new era of innovation and collaboration.
This partnership marks the convergence of OKX Ventures, a stalwart in the cryptocurrency and blockchain arena, with the DePIN project, a visionary in decentralized infrastructure. Together, they embark on a journey to revolutionize AI infrastructure by leveraging the power of decentralized networks.
The infusion of resources and expertise from OKX Ventures into the DePIN project underscores the profound significance of this investment. It represents a concerted effort to propel AI infrastructure forward,...
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CoinGape (RSS)
In a momentous leap forward for AI infrastructure, OKX Ventures has sealed a groundbreaking investment deal with the DePIN project. This strategic alliance not only signifies a significant milestone in the realms of AI technology and decentralized networks but also heralds a new era of innovation and collaboration.
This partnership marks the convergence of OKX Ventures, a stalwart in the cryptocurrency and blockchain arena, with the DePIN project, a visionary in decentralized infrastructure. Together, they embark on a journey to revolutionize AI infrastructure by leveraging the power of decentralized networks.
The infusion of resources and expertise from OKX Ventures into the DePIN project underscores the profound significance of this investment. It represents a concerted effort to propel AI infrastructure forward,...
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XRP Whales Move 67 Mln Coins Amid SEC vs Ripple Lawsuit Relief
CoinGape (RSS)
In a riveting turn of events witnessed recently, following the easing up of regulatory tensions in the SEC vs Ripple lawsuit, burgeoning XRP whale activity recorded over the past 24 hours nabbed significant attention among traders and investors across the global crypto realm. These transactions, showcasing roughly 67 million coins relocated, gradually gained immense traction as the crypto landscape recently witnessed a massive crash, pulling nearly all crypto prices down.
Meanwhile, with XRP trading in the negative territory today, these transactions additionally stirred a whirlpool of speculations among crypto market enthusiasts globally, as XRP recently rode the bullish market wave of a potential run to $1. F...
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CoinGape (RSS)
In a riveting turn of events witnessed recently, following the easing up of regulatory tensions in the SEC vs Ripple lawsuit, burgeoning XRP whale activity recorded over the past 24 hours nabbed significant attention among traders and investors across the global crypto realm. These transactions, showcasing roughly 67 million coins relocated, gradually gained immense traction as the crypto landscape recently witnessed a massive crash, pulling nearly all crypto prices down.
Meanwhile, with XRP trading in the negative territory today, these transactions additionally stirred a whirlpool of speculations among crypto market enthusiasts globally, as XRP recently rode the bullish market wave of a potential run to $1. F...
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SuperRare Expands into Bitcoin Ordinals, Unveils 'No Brainers' NFT Collection
Cointelegraph.com News (RSS)
SuperRare Labs' Zack Yanger said being able to help artists connect with a new class of collectors is “a massive win.”
Cointelegraph.com News (RSS)
SuperRare Labs' Zack Yanger said being able to help artists connect with a new class of collectors is “a massive win.”
Bitcoin Layer-2 Project BVM Gains Traction With Promise of 'Juicy' Airdrops
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The platform lets users start their own networks on Bitcoin and is offering developers millions of dollars as grant rewards.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The platform lets users start their own networks on Bitcoin and is offering developers millions of dollars as grant rewards.
Mike Novogratz’s Galaxy Digital Should Be a ‘Core Holding’ for Digital Asset Investors, Stifel Says
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
There are a number of key catalysts for the company, and these include ETF net inflows, the development of GalaxyOne and a potential Nasdaq listing, the report said.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
There are a number of key catalysts for the company, and these include ETF net inflows, the development of GalaxyOne and a potential Nasdaq listing, the report said.
Democrats Ask SEC's Gensler to Block Approval of More Crypto ETPs
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Senators say that retail investors face "enormous risks" from such products because thin order books for some cryptocurrencies.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Senators say that retail investors face "enormous risks" from such products because thin order books for some cryptocurrencies.
All aboard as Indian Railways rolls out NFT train tickets
Cointelegraph.com News (RSS)
The Indian Railway Catering and Tourism Corporation (IRCTC) will provide train tickets in the form of NFTs to the passengers of two newly launched semi-high speed trains.
Cointelegraph.com News (RSS)
The Indian Railway Catering and Tourism Corporation (IRCTC) will provide train tickets in the form of NFTs to the passengers of two newly launched semi-high speed trains.
Elon Musk Predicts AI Superiority by 2025
Cryptopolitan (RSS)
Renowned entrepreneur Elon Musk has stirred discussions with his bold prediction that artificial intelligence (AI) will surpass human intelligence by 2025. Musk’s assertion, made during a podcast interview, has sparked debate about the potential implications of advancing AI technology.
Elon Musk predicted in a provocative statement that has reignited discussions around the future of artificial intelligence (AI). The tech billionaire’s comments came during a recent interview on the Joe Rogan Experience podcast.
AI supremacy in four years?
“AI will be vastly smarter than humans and amplify its lead at an astonishing rate,” Musk declared, projecting AI could match human intelligence next year and leave humanity’s collective wit in the dust by 2029. His bold forecast aligns with past projections from futurist Ray Kurzweil, who envisioned the pivotal AI “singularity” by the end of this decade.
While ambitious timelines for tr...
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Cryptopolitan (RSS)
Renowned entrepreneur Elon Musk has stirred discussions with his bold prediction that artificial intelligence (AI) will surpass human intelligence by 2025. Musk’s assertion, made during a podcast interview, has sparked debate about the potential implications of advancing AI technology.
Elon Musk predicted in a provocative statement that has reignited discussions around the future of artificial intelligence (AI). The tech billionaire’s comments came during a recent interview on the Joe Rogan Experience podcast.
AI supremacy in four years?
“AI will be vastly smarter than humans and amplify its lead at an astonishing rate,” Musk declared, projecting AI could match human intelligence next year and leave humanity’s collective wit in the dust by 2029. His bold forecast aligns with past projections from futurist Ray Kurzweil, who envisioned the pivotal AI “singularity” by the end of this decade.
While ambitious timelines for tr...
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This Shiba Inu (SHIB) And Dogecoin (DOGE) Rival Is ‘One Of The Most Bullish Tokens In 2024,’ Top Analyst Says
Cryptopolitan (RSS)
A new player has entered the quickly changing cryptocurrency market, competing for the interest of both fans and investors. Retik Finance is causing a stir with its novel approach to decentralized finance (DeFi). It is frequently referred to as the challenger of Dogecoin (DOGE) and Shiba Inu (SHIB). Retik Finance is expected to be among the most optimistic tokens in 2024, according to analysts, because of its distinctive qualities and encouraging advancements.
Introducing Retik Finance (RETIK)
Retik Finance (RETIK) is not just another cryptocurrency; it’s a comprehensive decentralized finance (DeFi) ecosystem aiming to revolutionize the global financial landscape. At its core, Retik Finance seeks to decentralize the banking sector, providing individuals and businesses with innovative DeFi solutions. The platform offers a range of features designed t...
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Cryptopolitan (RSS)
A new player has entered the quickly changing cryptocurrency market, competing for the interest of both fans and investors. Retik Finance is causing a stir with its novel approach to decentralized finance (DeFi). It is frequently referred to as the challenger of Dogecoin (DOGE) and Shiba Inu (SHIB). Retik Finance is expected to be among the most optimistic tokens in 2024, according to analysts, because of its distinctive qualities and encouraging advancements.
Introducing Retik Finance (RETIK)
Retik Finance (RETIK) is not just another cryptocurrency; it’s a comprehensive decentralized finance (DeFi) ecosystem aiming to revolutionize the global financial landscape. At its core, Retik Finance seeks to decentralize the banking sector, providing individuals and businesses with innovative DeFi solutions. The platform offers a range of features designed t...
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How Will the EU’s AI Legislation Influence the Fashion Industry?
Cryptopolitan (RSS)
Europe’s strides in AI legislation have reached a historic milestone as the European Parliament greenlights the AI Act, setting a global precedent for comprehensive regulation in artificial intelligence development and use. This landmark legislation not only shapes the future of technology within the European Union but also holds significant implications for various sectors, including the fashion industry.
The AI Act’s impact on Fashion industry – Regulatory framework and compliance
The AI Act’s passage introduces a robust regulatory framework that categorizes AI systems based on risk levels, thereby guiding their development and usage. High-risk applications such as biometric surveillance and predictive policing face outright bans, reflecting a commitment to safeguarding individual rights and privacy. For fashion brands leveraging AI in personalized recommendations or styling advice, compliance enta...
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Cryptopolitan (RSS)
Europe’s strides in AI legislation have reached a historic milestone as the European Parliament greenlights the AI Act, setting a global precedent for comprehensive regulation in artificial intelligence development and use. This landmark legislation not only shapes the future of technology within the European Union but also holds significant implications for various sectors, including the fashion industry.
The AI Act’s impact on Fashion industry – Regulatory framework and compliance
The AI Act’s passage introduces a robust regulatory framework that categorizes AI systems based on risk levels, thereby guiding their development and usage. High-risk applications such as biometric surveillance and predictive policing face outright bans, reflecting a commitment to safeguarding individual rights and privacy. For fashion brands leveraging AI in personalized recommendations or styling advice, compliance enta...
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Profitability Of The Graph (GRT) Soars As Near Protocol (NEAR) Expands; Algotech (ALGT) Presale Sees Buying Frenzy
Cryptopolitan (RSS)
Rejuvenating all the market bulls, Algotech’s (ALGT) presale has set several success records. The new project has entered the market with an irresistible uniqueness and attraction. Therefore, its presale has sold over 53 million ALGT tokens in just a matter of days. This article will focus on The Graph (GRT), Near Protocol (NEAR), and Algotech (ALGT) to help you make the best investment.
The Graph (GRT) Investors Are In The Money
The Graph (GRT) has been moving upward for the past many weeks. Consequently, the market value of The Graph (GRT) has risen by 142% on the monthly chart. At the time of writing, The Graph (GRT) is trading at $0.40.
Subsequently, the profitability of The Graph (GRT) has also surged. The data from IntoTheBlock shows more than 66% ...
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Cryptopolitan (RSS)
Rejuvenating all the market bulls, Algotech’s (ALGT) presale has set several success records. The new project has entered the market with an irresistible uniqueness and attraction. Therefore, its presale has sold over 53 million ALGT tokens in just a matter of days. This article will focus on The Graph (GRT), Near Protocol (NEAR), and Algotech (ALGT) to help you make the best investment.
The Graph (GRT) Investors Are In The Money
The Graph (GRT) has been moving upward for the past many weeks. Consequently, the market value of The Graph (GRT) has risen by 142% on the monthly chart. At the time of writing, The Graph (GRT) is trading at $0.40.
Subsequently, the profitability of The Graph (GRT) has also surged. The data from IntoTheBlock shows more than 66% ...
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AI-Powered Mobile Phone Revolutionizes Access to Information for Visually-Impaired Nigerians
Cryptopolitan (RSS)
In a groundbreaking development, visually impaired individuals in Nigeria are experiencing newfound access to information thanks to an innovative AI-powered mobile phone service. Spearheaded by Canada-based organization Viamo, this service harnesses artificial intelligence to provide offline accessibility, catering to communities even in the most remote areas without internet connectivity.
Empowering accessibility through AI technology
The service, which operates offline, eliminates barriers to information for individuals like Kehinde Olutubosun, a geography and animal enthusiast who previously struggled due to the absence of a smartphone. Leveraging traditional handsets and local mobile networks, users can interact with the AI system via SMS or voice calls, making it particularly accessibl...
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Cryptopolitan (RSS)
In a groundbreaking development, visually impaired individuals in Nigeria are experiencing newfound access to information thanks to an innovative AI-powered mobile phone service. Spearheaded by Canada-based organization Viamo, this service harnesses artificial intelligence to provide offline accessibility, catering to communities even in the most remote areas without internet connectivity.
Empowering accessibility through AI technology
The service, which operates offline, eliminates barriers to information for individuals like Kehinde Olutubosun, a geography and animal enthusiast who previously struggled due to the absence of a smartphone. Leveraging traditional handsets and local mobile networks, users can interact with the AI system via SMS or voice calls, making it particularly accessibl...
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BlockDAG Enters Batch 3 With $4.4M Raised in Presale, Ethereum Price Surges while Cronos Follows Suit
Cryptopolitan (RSS)
BlockDAG presale’s groundbreaking venture into the blockchain sphere has swiftly moved into its third presale batch, having already garnered a staggering $4.4 million from its initial offerings. This financial triumph underscores the market’s strong faith in BlockDAG’s innovative fusion of Proof-of-Work consensus and Directed Acyclic Graph technology, promising a new horizon in blockchain efficiency and scalability. Meanwhile, the broader cryptocurrency landscape is witnessing significant movements, with Ethereum’s price experiencing a notable surge, signalling a buoyant market sentiment. In parallel, Cronos is making its ascent, closely mirroring Ethereum’s upward trajectory. This dynamic period marks a pivotal chapter in the digital currency domain, highlighting the relentless pursuit of technological advancement and financi...
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Cryptopolitan (RSS)
BlockDAG presale’s groundbreaking venture into the blockchain sphere has swiftly moved into its third presale batch, having already garnered a staggering $4.4 million from its initial offerings. This financial triumph underscores the market’s strong faith in BlockDAG’s innovative fusion of Proof-of-Work consensus and Directed Acyclic Graph technology, promising a new horizon in blockchain efficiency and scalability. Meanwhile, the broader cryptocurrency landscape is witnessing significant movements, with Ethereum’s price experiencing a notable surge, signalling a buoyant market sentiment. In parallel, Cronos is making its ascent, closely mirroring Ethereum’s upward trajectory. This dynamic period marks a pivotal chapter in the digital currency domain, highlighting the relentless pursuit of technological advancement and financi...
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Is Bitcoin’s bull run over? ETF inflows drop, prices slide
Cryptopolitan (RSS)
Bitcoin Exchange-Traded Fund (ETF) inflows witnessed a staggering decline of 80.6% within 24 hours, marking a substantial shift in investor sentiment towards the cryptocurrency. The drop was reported by a cryptocurrency analytics platform, highlighting a net inflow of $133 million into Bitcoin ETFs. This sharp decrease comes after a record-breaking inflow of $1.05 billion just two days prior.
Impact on Bitcoin price
The decline in ETF inflows has a direct correlation with the movement of Bitcoin prices. Following the drop in inflows, Bitcoin’s price experienced a notable reversal, slipping below the $67,000 mark.
Cryptopolitan (RSS)
Bitcoin Exchange-Traded Fund (ETF) inflows witnessed a staggering decline of 80.6% within 24 hours, marking a substantial shift in investor sentiment towards the cryptocurrency. The drop was reported by a cryptocurrency analytics platform, highlighting a net inflow of $133 million into Bitcoin ETFs. This sharp decrease comes after a record-breaking inflow of $1.05 billion just two days prior.
Impact on Bitcoin price
The decline in ETF inflows has a direct correlation with the movement of Bitcoin prices. Following the drop in inflows, Bitcoin’s price experienced a notable reversal, slipping below the $67,000 mark.
Chainlink’s CCIP revenue jumps 180% amid growing adoption
Cryptopolitan (RSS)
Chainlink’s Cross Chain Interoperability Protocol (CCIP) has experienced a substantial revenue increase of 180% over the past two months, demonstrating a significant uptick in its adoption. According to data from Dune Analytics, CCIP’s fee revenue jumped from around $61,000 in January to more than $171,000 in the first half of March. This growth brought the total cumulative revenue of the protocol, launched in July 2023, to $377,724.
The CCIP has been designed to allow smart contracts to securely access data from any external API or system, facilitating seamless data connectivity between blockchains and off-chain systems. This protocol operates through Chainlink’s decentralized oracle network, aiming to enhance interoperability across the blockchain ecosystem.
Network fees in CCIP \ Source: Dune Analytics
Key Contributors and Revenue Sources
Ethereum’s layer-2 protocol, Arbitrum, has been identi...
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Cryptopolitan (RSS)
Chainlink’s Cross Chain Interoperability Protocol (CCIP) has experienced a substantial revenue increase of 180% over the past two months, demonstrating a significant uptick in its adoption. According to data from Dune Analytics, CCIP’s fee revenue jumped from around $61,000 in January to more than $171,000 in the first half of March. This growth brought the total cumulative revenue of the protocol, launched in July 2023, to $377,724.
The CCIP has been designed to allow smart contracts to securely access data from any external API or system, facilitating seamless data connectivity between blockchains and off-chain systems. This protocol operates through Chainlink’s decentralized oracle network, aiming to enhance interoperability across the blockchain ecosystem.
Network fees in CCIP \ Source: Dune Analytics
Key Contributors and Revenue Sources
Ethereum’s layer-2 protocol, Arbitrum, has been identi...
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Bitcoin mining difficulty hits all-time high as BTC price tumbles
Cryptopolitan (RSS)
On March 14, the cryptocurrency market watched as Bitcoin mining difficulty skyrocketed to an unprecedented 83.95 trillion hashes. This shows that miners are getting more and more competitive as they try to solve the hard puzzles that keep the Bitcoin network running. And guess what? This happened right when Bitcoin’s price decided to play its own game of snakes and ladders, soaring to an all-time high before taking a nosedive that has got investors feeling not-so-peachy right now.
The Never-ending Battle of Hashes and Cash
Let’s be for real. Mining Bitcoin has never been for the weak. It’s a battle of wits, energy, and who has the most advanced piece of machinery on the block. So the recent surge to 83.95 trillion hashes from February’s 79.35 trillion is a clear sign that the arena ...
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Cryptopolitan (RSS)
On March 14, the cryptocurrency market watched as Bitcoin mining difficulty skyrocketed to an unprecedented 83.95 trillion hashes. This shows that miners are getting more and more competitive as they try to solve the hard puzzles that keep the Bitcoin network running. And guess what? This happened right when Bitcoin’s price decided to play its own game of snakes and ladders, soaring to an all-time high before taking a nosedive that has got investors feeling not-so-peachy right now.
The Never-ending Battle of Hashes and Cash
Let’s be for real. Mining Bitcoin has never been for the weak. It’s a battle of wits, energy, and who has the most advanced piece of machinery on the block. So the recent surge to 83.95 trillion hashes from February’s 79.35 trillion is a clear sign that the arena ...
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