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
Ethernity Transitions to an AI Enhanced Ethereum Layer 2, Purpose-Built for the Entertainment Industry
[PRESS RELEASE – LOS ANGELES, United States, May 7th, 2024] Global brands and talent will be able to use Ethernity’s technology to store their IP on-chain and engage with their fans through next-generation content and experiences Ethernity, the renowned platform for authenticated and licensed NFTs with icons like Lionel Messi and Shaquille O’Neal, announces its groundbreaking evolution into a pioneering Layer 2 solution on the Ethereum blockchain. This evolution is poised to transform the web3 entertainment landscape, directly addressing the…
1 year ago
Worldcoin (WLD) Price Skyrockets Amidst AI Hype: Predicted to Hit $9 in May
Worldcoin (WLD) is riding on the AI hype, closing last week on a bullish note as it prepares to test recent resistance levels. WLD is building bullish momentum with investors eyeing the upper resistance level of $7.650 this week. Worldcoin (WLD) is flashing bullish signals that could see it rally to test key resistance positions in the coming days. The cryptocurrency industry has seen a resurgence in bullish sentiments after a volatile couple of weeks that preceded the Bitcoin halving.…
1 year ago
Solana (SOL) and Bittensor (TAO) Investors Back New AI Crypto Gem Raboo (RABT)
Investors familiar with Solana (SOL) and Bittensor (TAO) are turning their attention to a new contender in the AI crypto market—Raboo (RABT). Currently in its third stage of presale, Raboo has already attracted significant interest, amassing over $1 million, with more than 5,000 members and 1,800 token holders engaged. Priced at just $0.0042, RABT is forecasted to soar by 100x on launch day and achieve a 233% return during the presale. Let's dive into why analysts are bullish about Raboo's…
1 year ago
AI Coins Surge with Worldcoin, AIOZ Network, & eTukTuk Leading the Way
AI crypto projects are soaring as investors jump back on the bandwagon. Leading the charge are three players generating significant buzz – Worldcoin, AIOZ Network, and eTukTuk. These projects are capturing attention thanks to their innovative use of AI and blockchain tech, as well as their potential for price growth. Iris-Scanning Worldcoin Project Sparks Buying Frenzy Leading the charge in AI crypto’s latest bull run is Worldcoin (WLD), with its price rocketing 35% in the past week alone. The token…
1 year ago
Worldcoin (WLD) Price Surges As AI Hypes! WLD Price To Hit $9 In May?
The post Worldcoin (WLD) Price Surges As AI Hypes! WLD Price To Hit $9 In May? appeared first on Coinpedia Fintech News The cryptocurrency industry continues displaying bullish price action, indicating increased buying pressure within the crypto space. Moreover, top altcoins successfully recorded a bullish reversal in their respective charts, suggesting a positive outlook for the market this week. On the other hand, the WLD price has successfully concluded the previous week on a bullish note adding approximately 27% to…
1 year ago
Elliptic Taps Artificial Intelligence (AI) to Crack Down on Bitcoin Money Laundering
Blockchain analytics company Elliptic said that its researchers have made progress in leveraging artificial intelligence (AI) to detect money laundering in Bitcoin. A recent paper detailing this research was co-authored with researchers from the MIT-IBM Watson AI Lab. Elliptic revealed a successful identification of illicit proceeds deposited at a cryptocurrency exchange, new patterns of money laundering transactions, and previously unidentified illegal wallets upon utilizing a deep learning model. The firm said that findings are already being used to improve its…
1 year ago
Close to 1.7 Billion SHIB Coins Burnt in April; Promising AI Crypto Intends to Outshine Render
As memetic market sentiment continues to engulf the Shiba Inu network, SHIB’s burn rate is going through the roof since 1.69 million coins were burned in April. Meanwhile, Borroe Finance ($ROE) is materializing as a worthy Render competitor thanks to its real-world solution of taming the cash crunch issue in Web3 through its outstanding NFT-based and AI-driven marketplace. Borroe Finance is Materializing as a Remarkable AI Crypto As artificial intelligence (AI) takes the world by storm thanks to innovations like…
1 year ago
Crypto Market Continues to Traverse Greed Levels; Major Ripple Investors Eager for AI Crypto’s Launch
The post Crypto Market Continues to Traverse Greed Levels; Major Ripple Investors Eager for AI Crypto’s Launch appeared first on Coinpedia Fintech News As the crypto market witnesses bearish momentum that has seen Bitcoin drop below the psychological threshold of $60,000, it is still at greed levels and this might signal selling pressure is not yet done. Meanwhile, the much-awaited Borroe Finance ($ROE) launch is just around the corner because the network’s final presale stage is more than 72% done.…
1 year ago
Top Artificial Intelligence (AI) Tokens For 10x Profits In May!
The post Top Artificial Intelligence (AI) Tokens For 10x Profits In May! appeared first on Coinpedia Fintech News After displaying weak price sentiments for the first two months, the AI category has displayed a massive bullish price action by adding significant valuation to their respective portfolios. Moreover, with the rising AI hype, this category is predicted to hit a new high in the coming time. Thinking of investing in the Artificial Intelligence (AI) category? In this article, we have covered…
1 year ago