After Trump's victory, Artemis Terminal shows that the crypto Fetch.ai (FET) and XRP are showing a performance superior to Bitcoin.
Artificial Intelligence tokens FET, TAO, RENDER, and NEAR recorded double-digit gains as NVidia, the world's largest chip maker surpassed Apple in market valuation.
Despite the remarkable network growth in Internet Computer Protocol, ICP price remained muted.
The price of NEAR Protocol (NEAR) has been facing headwinds recently, showing a significant 25% drop over the past month. Despite forming a bullish chart pattern, a series of technical and market indicators suggest that NEAR may be headed towards its 2024 low of $2.450 rather than experiencing a breakout.
Artificial Superintelligence Alliance (FET) is one of the top gainers today, registering a 10% increase within the last 24 hours. This FET recovery contradicts its performance in October, when its price decreased by 13.39%.
The DFINITY Foundation, the Swiss-based organization behind the Internet Computer blockchain, has released its 2024 Ecosystem Report, highlighting significant growth in the blockchain's interoperability technology.
Hedera was also among the top performers, rising 4.1% from Monday.
Bitcoin (BTC) is down just over 1% in the past 24 hours, declining after briefly flirting with the $70,000 mark. The current week is crucial in dictating market dynamics, with the US elections and Fed meeting set to commence.
NEAR is at pivotal price point right now, and the next few days could be key.
Bittensor is an innovative open-source project that aims to bridge the worlds of blockchain technology and artificial intelligence (AI) through its native token, TAO. This token allows users to interact with a decentralized network that facilitates machine learning, enabling them to extract valuable data while tailoring the network's operations to meet their needs.
Network activity across all Internet Computer protocols has increased 150% year-over-year, according to Dfinity.
Story Highlights The live price of the AKT token is FET Price price could hit a high of $10 by the end of the year 2024. With a potential surge, the FET price may record a high of $120 during the year 2030.
AUSD is a “stablecoin”. It is a digital dollar that keeps a steady value.
Bitcoin (BTC) briefly fell below $68,000, plunging to a low of $67,574 on Sunday as buyers struggled to hold on to $68,000 following the emergence of mixed signals. The drop marks a significant pullback from above $73,500, with recent daily candles representing considerable selling pressure, indicating a bearish outlook.
The current downtrend is strong, and it could continue if there is no shift in demand.
Artificial Superintelligence Alliance (FET), the popular token in the Crypto AI sector is now poised for an upside rally after experiencing a price drop of over 35% in recent weeks. The reason for this bullish speculation is FET's positive price action and recent activity by whales.
American statistician and writer Nate Silver on Friday described the 2024 U.S. presidential race is described as "a near coin flip," with Donald Trump narrowly leading Kamala Harris . What Happened: As of Oct. 31, Silver's forecast gives Trump a slight edge with a 53.4% chance of winning, compared to Harris's 46.2%.
Bitcoin (BTC) slipped below $70,000 as markets turned bearish after the world's premier cryptocurrency briefly teased a new all-time high earlier in the week. BTC is currently down over 4% and is trading around $69,300.
Agora launches AUSD, a US dollar-backed stablecoin, on the Injective (INJ)blockchain, enhancing liquidity between DeFi and TradFi markets, and supporting seamless financial transactions.
NEAR Protocol (NEAR) is currently capturing the attention of traders and investors. After enduring a challenging month, NEAR has recently demonstrated signs that it might be poised for a significant upward movement.
Bittensor (TAO), the leading AI coin, has risen 76.64% this year but currently faces bearish pressure. Its price has dropped below crucial support levels, with indicators pointing to continued challenges.
Injective, the DeFi-centric protocol, has recently made major moves. Besides boasting of high throughput and low fees while protecting traders from maximal extractive value (MEV) bots, the platform has been striking key partnerships.
Agora, co-founded by Nick Van Eck, is set to launch its US dollar stablecoin, AUSD, on Injective‘s blockchain, aiming to create a bridge for liquidity between decentralized and traditional finance markets. What Happened: Backed by VanEck's asset management and custodied by State Street, AUSD will be collateralized with a basket of cash, U.S. treasury bills, and overnight repurchase agreements, ensuring a 1:1 ratio with the US dollar.
TL;DR Injective has launched AUSD, the first US dollar-backed native stablecoin, developed by Agora to enhance DeFi efficiency. The stablecoin is fully collateralized and backed by cash, Treasury bonds, and repurchase agreements. AUSD has reached a circulation of over $65 million and a daily volume exceeding $15 million.
Agora's AUSD, a stablecoin backed by VanEck and held by State Street, now powers cross-market liquidity on the Injective blockchain. Injective (INJ) has added support for AUSD, a U.S.
Bitcoin (BTC) is teasing a record high after it peaked at $73,464 on October 30, bringing it within touching distance of its all-time high of $73,750. However, the cryptocurrency has registered a marginal decline during the ongoing session and is trading just above $73,200.
The cryptocurrency market continues to trend bullish on Oct. 31 as the latest developments point to further gains for Bitcoin (BTC). Meanwhile, Helium (HNT) and Internet Computer (ICP) are among the altcoins to pare gains following massive liquidations across the market. Bitcoin (BTC) near ATH Bitcoin (BTC) traded between $71,430.19 and $72,859.
Agora's USD stablecoin has gone live on Injective after making its debut on Ethereum, Avalanche and Sui Networks previously.
As the Decentralized Physical Infrastructure Network (DePIN) sector gains traction, November 2024 presents an opportunity for investors to capitalize on emerging altcoins in this space. These altcoins have been disrupting the crypto market by merging blockchain technology with real-world applications.
Fetch.ai, a Cambridge-based artificial intelligence company and member of the Artificial Superintelligence Alliance, has integrated Alibaba Group's cloud computing subsidiary Alibaba Cloud as a cloud provider. Artificial Superintelligence Alliance is a merger of SingularityNET, Ocean Protocol, and Fetch.ai, with the token trading under the FET symbol.
Bitcoin (BTC) soared past $73,000 earlier today as it rose to $73,544, reaching levels last seen when it posted its all-time high over eight months ago amid growing optimism in the markets, a potential Republican victory in the upcoming US elections, and positive technical indicators. Analysts believe BTC is poised to post a new all-time high as early as this week if current positive trends persist.
Bittensor made significant gains over the past day hiking by 7.12% surpassing other AI-themed altcoins. TAO's trading volume also surged by 104.58%.
NEAR could be on the verge of a significant upward move, but there are obstacles.
Fetch.ai successfully integrated with the CUDOS mainnet through a network upgrade, merging CUDOS tokens and enhancing decentralized computing capabilities.
Fetch.ai completed its CUDOS network integration while establishing a partnership with Injective, leading to increased trading volume and market optimism reflected in technical indicators.
Fetch.ai (FET) price has been experiencing challenges in holding above $1.71, with its latest attempts marking the second failure in three months. However, recent shifts in market conditions suggest that FET may be positioning itself for a potential recovery.
Fetch ai has successfully completed its network upgrade under Proposal 33, marking a pivotal moment for the decentralized AI-focused platform. The upgrade seamlessly integrates the Fetch ai mainnet with the CUDOS network, merging all CUDOS tokens and staked assets according to predefined token ratios and a three-month vesting schedule.
Bitcoin (BTC) faced a considerable slump on Friday, and registered a low of $65,700 on Saturday as escalating tensions in the Middle East spooked markets. However, it found support at this level and recovered to push back above $67,000.
FET is facing strong downward pressure as bearish signals take hold, with the Relative Strength Index (RSI) suggesting further weakness could be on the horizon. Recent declines have pushed FET's price closer to key support levels, and the RSI's current reading hints at a continuation of the bearish trend.
Despite the lackluster performance of many cryptos this week, a few altcoins crypto whales bought and increased their exposure.
The cryptocurrency market is known for its volatility, and Internet Computer (ICP) is no exception. Currently, ICP finds itself in a prolonged consolidation phase, lingering between key resistance and support levels.
NEAR tumbles to $4.55 after underperformance, but experts see a 225% rally ahead.
Injective (INJ) may soon join the Artificial Superintelligence Alliance (ASI) group, which comprises Fetch.ai, SingularityNET, and Ocean Protocol.
Bittensor (TAO), one of the leading artificial intelligence coins in the market, is currently showing signs of consolidation. Market indicators suggest indecision, with neither buyers nor sellers taking firm control.
NEAR will likely trend lower in the coming days, but bulls can rescue it soon.
Near Protocol token remains in a strong bear market after falling by almost 50% from its highest level this year. Near (NEAR) was trading at $4.62 on Oct. 24, as Bitcoin (BTC) and most altcoins remained under pressure.
Injective (INJ), a leading player in the decentralized finance (DeFi) space, is capturing the attention of traders and investors as it strives to reclaim the $35 mark. After consolidating above its previous all-time high set in 2021, INJ is at a pivotal point where its next moves could dictate significant price action in the near future.