Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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BioMatrix Launches Proof of You (PoY) AI Tokens: The World’s First Free-For-Life AI Tokens
Newport Beach, California, United States, June 24th, 2024, Chainwire BioMatrix.ai, a pioneering force in the world of wealth distribution, is proud to announce the launch of Proof of You (PoY) AI Tokens the world's first free-for-life AI tokens. This groundbreaking initiative seeks to democratize access to digital assets, striving to make Universal Basic Income (UBI) a tangible reality for everyone, regardless of economic status. BioMatrix.ai’s mission is to eliminate barriers to entry in the digital asset space. Unlike traditional digital…
12 months ago
Crypto Researchers Identify These AI Altcoins For Quick Returns In July
The growing demand for AI altcoins in the crypto landscape is majorly driven by NVIDIA’s growth in the traditional market. In response to the growth of other AI solutions in traditional markets, crypto enthusiasts have turned to AI altcoins to benefit from the bullish sentiment. Crypto researchers have identified ETFSwap (ETFS), The Graph (GRT), and Fetch.ai (FET) as three AI altcoins promising quick returns in July. ETFSwap (ETFS) Promises Huge Returns Alongside New AI Altcoins ETFSwap (ETFS) is an emerging…
12 months ago
Filecoin Expands with GetBlock Support and New AI Partnerships
GetBlock now supports Filecoin, enabling easy hosting of smart contracts on the Filecoin Virtual Machine. Filecoin collaborates with Bagel and NVIDIA to develop privacy-preserving AI solutions, enhancing its technological offerings. As a leading participant in the decentralized storage market, Filecoin keeps growing its ecosystem through new collaborations and integrations. GetBlock has recently declared support for Filecoin (FIL), therefore securing its position as the biggest decentralized data storage system intended to build a reliable and effective basis for human knowledge. This…
12 months ago
Ÿ to Launch MVP with High-Quality Data Oracles for Crypto Investors
The Ÿ platform is transforming the way investors make sense of the complex data coming from the crypto sector. With their brand new AI technology and expertly curated data prediction oracles, Ÿ empowers users with unparalleled insights. The project's MVP will launch soon, offering a glimpse into the future of market analysis. With a strong focus on macroeconomics impact on the digital market , Ÿ is planning to change how users interact with Web3 and blockchain data. The Upcoming MVP…
12 months ago
The Useful Proof of Work (uPoW) Consensus Combines Security and Distributed Computing for Blockchain-Driven AI
Blockchain is now part of our daily lives, providing secure and decentralized solutions for finance, supply chain management, and more. At the heart of blockchain are consensus mechanisms, which keep the networks reliable and secure. These mechanisms, like Proof of Work (PoW) and Proof of Stake (PoS), validate transactions and the integrity of the network. A new concept, Useful Proof of Work (uPoW), takes it one step further. It uses the network's computational power for productive tasks, like training Artificial…
12 months ago
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AINEAR Foundation Kicks Off AI Incubation Program with Top AI Teams
NEAR Foundation launches AI Incubation Program to develop user-owned AI solutions and infrastructure. Six top-tier AI teams selected to innovate in the AI x Web3 ecosystem on NEAR. With great pleasure, the NEAR Foundation announces the six AI teams chosen for the inaugural NEAR Horizon AI Incubation Program, which began earlier this month. Through collaboration with elite AI teams constructing at the nexus of AI and Web3, the NEAR ecosystem will help to build the infrastructure—base models, model training, and…
12 months ago
Avenix Fzco’s Forexiro: Revolutionizing Gold Trading with Advanced AI
The post Avenix Fzco’s Forexiro: Revolutionizing Gold Trading with Advanced AI appeared first on Coinpedia Fintech News Success in the constantly evolving world of forex trading hinges on innovation. Avenix Fzco, a pioneering Dubai-based financial technology company, has raised the bar with the introduction of Forexiro, a revolutionary forex robot program. Using algorithms that maximize trading opportunities while minimizing risks, Forexiro is designed to trade the XAUUSD (gold) currency pair for the H1 timeframe. With its cutting-edge trend analysis…
12 months ago
AI Crypto Fetch.ai (FET) Makes ‘Big Bounce’ – Volume Spikes Over 200% Ahead Of Merger
Fetch.ai (FET), a leading artificial intelligence (AI) crypto, rocketed to the top of the gainers chart on Thursday. The 28% surge comes just days before FET’s scheduled merger with other AI tokens into the much-anticipated Artificial Superintelligence Alliance (ASI). Related Reading: Bitcoin Whales On The Move – Is A $100,000 Price Tag Coming? Bullish Brew: AI Market Momentum And Upcoming Alliance Fuel FET’s Rise The recent surge in FET’s price appears to be a confluence of positive factors. The general…
12 months ago
Orbitt MM: The AI Volume Booster for Solana Projects
The crypto world is fast-paced and highly competitive. For any project to succeed, liquidity and trading volume are essential. High liquidity ensures market stability, fair pricing, and quick transaction times, which are vital for any cryptocurrency asset. Orbitt, a comprehensive platform for the Solana ecosystem, offers solutions like Orbitt MM, an advanced AI-driven volume booster designed for Solana projects. This article will explore Orbitt MM's functionalities, its importance in the crypto ecosystem, and the advantages for Solana projects. The Growing…
12 months ago