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…
AI
Invest in These AI Cryptos Today to Generate 5-10X Returns in July
The post Invest in These AI Cryptos Today to Generate 5-10X Returns in July appeared first on Coinpedia Fintech News The bull run of 2024 has brought fresh opportunities in the crypto market. Certain AI-driven cryptocurrencies are poised for remarkable growth by July. This provides a unique chance for substantial returns. Readers eager to discover which cryptocurrencies have the potential for a 5-10X increase should dive into this analysis. Jumpstart Your Portfolio with CYBRO’s DeFi Presale Join the ranks of…
12 months ago
Crypto to Dominate in The AI Age: US Entrepreneur Balaji Srinivasan Thinks So
The post Crypto to Dominate in The AI Age: US Entrepreneur Balaji Srinivasan Thinks So appeared first on Coinpedia Fintech News In a rapidly evolving world driven by AI and robotics, the concept of money is undergoing a transformation. Balaji Srinivasan, an American entrepreneur and author of “The Network State: How to Start a New Country,” believes that cryptocurrency will be the cornerstone of the new era. Here is why he thinks crypto is the future of money. Cryptocurrency: The…
12 months ago
Crypto Weekly Roundup: Trump Is “Crypto President,” Tether Eyes AI, & More
This week, Republican presidential candidate Donald Trump backed digital assets, calling himself the “crypto president.” Tether also announced plans to invest up to $1 billion in AI, Financial Infrastructure, and Biotech. StarkWare also announced plans to expand its scaling technology to the Bitcoin network. Bitcoin StarkWare, the entity behind Starknet, will expand its scaling technology to the Bitcoin network. It added that bringing its scaling technology to the Bitcoin network will not lead to Starknet being forked or the creation…
12 months ago
Bitwise Forecasts $20 Trillion Boost To Global GDP From Crypto And AI By 2030
The intersection of artificial intelligence (AI) and crypto is poised to unleash a notable wave that could add a staggering $20 trillion to the global gross domestic product (GDP) by 2030, according to a recent report by Bitcoin ETF issuer Bitwise. The study by analyst Juan Leon highlights the potential magnitude of this synergy, which is expected to surpass current expectations. The annual Consensus conference in Austin further underscored the significance of this trend, with industry experts discussing its wide-ranging…
12 months ago
AI Coins Pumping As Fetch.ai, Injective, WienerAI See Gains
The post AI Coins Pumping As Fetch.ai, Injective, WienerAI See Gains appeared first on Coinpedia Fintech News AI coins have resurfaced as one of crypto’s top-performing asset classes today, with projects like Fetch.ai and Injective booking solid gains. Meanwhile, the new presale AI project WienerAI is also showing bullish momentum, with its total raise approaching $6 million. AI Cryptos Boom as Market Selloff Halts The crypto market has found its footing after a week of selling pressure, providing AI coins…
12 months ago
Tether To Invest $1B In AI, Biotech, And Financial Infrastructure
Tether, the issuer of the USDT stablecoin, is planning to invest a staggering $1 billion in technologies such as biotech, financial infrastructure, and artificial intelligence (AI). Tether has already spent around $2 billion through its VC arm on technologies such as artificial intelligence (AI) and alternative financial infrastructure. Tether Plans Significant Investment According to Tether CEO Paolo Ardoino, the company will invest at least $1 billion through its VC arm. Ardoino stated that Tether has a growing team that evaluates…
12 months ago
Tags
AITags
AIAzuro Steps Into AI Using Olas to Predict Sports Event Results
Lisbon, Portugal, June 12th, 2024, Chainwire Azuro, the leading liquidity layer for onchain predictions, is using Olas, the principal network for autonomous AI agents, to leverage their AI stack for the development of an autonomous agent capable of operating across the Azuro ecosystem. Azuro is the frontrunner infrastructure layer for sport and entertainment prediction markets within EVM chains. Over 25 apps are operational on the protocol, with many others already in the works. Its innovative liquidity pool design, sophisticated tooling…
12 months ago
Tags
AITags
AIDoggy AI Presale Reaches Over $101,000 Shortly After Launch
London, United Kingdom, June 12th, 2024, Chainwire Doggy AI (DOGYAI)has swiftly accumulated over $101,000 in its presale shortly after launch, and the DOGYAI team sees this as an encouraging start in the meme coin market. Built on the Ethereum blockchain, Doggy AI combines meme culture with advanced AI technology. It aims to attract a broad community by offering daily staking rewards, with the potential for participants to enhance their holdings efficiently. Presale Achievements and Allocation The presale of Doggy AI has…
12 months ago
Crypto and AI Could Add $20 Trillion To Global GDP By 2030
The post Crypto and AI Could Add $20 Trillion To Global GDP By 2030 appeared first on Coinpedia Fintech News According to Bitwise, the crypto and AI industries could add a combined $20 trillion to global GDP by 2030. Bitwise’s senior crypto research analyst wrote that the intersection of AI and crypto is going to be even bigger than people imagine. One of the collaborative opportunities between the two industries is an emerging partnership between Bitcoin miners and AI. He…
12 months ago