The crypto market has shown consistent growth over the past few days, helping altcoins alongside Bitcoin to recover. However, relying solely on broader market cues or momentum will not sustain price growth.
The Near Protocol token rose for five consecutive days, crossing a crucial resistance level as its active addresses and transactions increased. Near (NEAR) rose to a high of $2.30, up by 25% from its lowest point this month.
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
Over the past few days, the FET taker buy/sell volume has been almost exactly equal.
Here is how some of your favorite assets concluded the week.
Top artificial intelligence tokens were among the best performers this weekend, as investors bought the dip following a key report from CoinGecko. AI Companions (AIC) tokens jumped by over 40% to $0.
The cryptocurrency market was relatively mixed during the Easter weekend, with volume remaining low. Bitcoin was stuck between $84,000 and $85,000, while Ethereum was hovering near its lowest point in months. This article provides a forecast for some of the top-performing coins like JasmyCoin (JASMY), Fartcoin, Artificial Superintelligence Alliance (FET), and Gala Games (GALA).
TL;DR Renewed investor interest in AI-related tokens has triggered strong price increases for assets like TAO (+14.19%), (+9.67%) and FIL (+6.47%). This surge is linked to Nvidia's recent visit to China and Bitcoin's current market stability.
Demand for AI-themed tokens soars, as it captures 35% of global interest throughout Q1 2025.
NEAR is showing signs of a potential bottom after weeks of aggressive selling. A falling wedge formation on the daily timeframe, combined with extreme oversold conditions and RSI divergence, points toward a possible bullish reversal targeting the $4.
Stanford lab, focused on AI research, will use the decentralized cloud computing platform Theta EdgeCloud for its work on LLMs. The decentralized cloud could be the solution for AI's vast computing needs.
Bitcoin (BTC) is still up on Thursday despite Fed Chair Powell's hawkish remarks on Wednesday. This has had the effect of a small lift in the crypto market.
NEAR Protocol is hovering just above the psychological $2 support, with price showing early signs of strength after a prolonged downtrend. A reclaim of $2.80 as support could confirm that the bottom is in.
AI crypto tokens are facing renewed pressure after Nvidia warned of a massive financial hit due to new U.S. export restrictions on chip sales to China.
Even while stock markets are mired in uncertainty, AI tokens continue to mount a rebound. Behind the scenes, the crypto AI sector is exploding after fresh announcements from OpenAI and NVIDIA.
Mantra is under scrutiny following the recent collapse of its OM token, which experienced a sharp decline on April 13.
Blockchain analysts have identified large-scale token transfers by major Mantra investors in the days leading up to the sharp collapse of the OM token, raising questions about insider activity and the stability of the project.Laser Digital, a strategic Mantra investor, reportedly cashed out large portions of Mantra (OM) tokens before the cryptocurrency collapsed on April 13, onchain data suggests. At least two wallets linked to Laser Digital were among 17 wallets that moved a combined 43.6 million OM tokens — worth about $227 million at the time — to exchanges before the crash, according to blockchain analytics platform Lookonchain, citing Arkham Intelligence data.
Update (April 14, 1:15 pm UTC): This article has been updated to add comments by Mantra CEO John Mullin from an AMA event hosted by Cointelegraph.Update (April 14, 4:33 pm UTC): This article has been updated with data from Arkham Intelligence.Mantra CEO John Mullin denied reports suggesting large-scale token transfers by major Mantra investors in the days leading up to the sharp collapse of the OM token, while speaking in an AMA hosted by Cointelegraph on April 14. “The Mantra association, our key investors, our advisers — no one has sold, and we are going to categorically deny and also provide verifiable proof onchain proof that this is the case,” Mullin stated in the AMA.
Top gainer, rising demand, breakout setup — is $0.34 FET's launchpad for a high-conviction R/R play?
NEAR might be approaching a key breakout as technicals aligned with rising retail and liquidation momentum.
Prominent crypto analyst Ali Martinez has shared a bullish prediction on the NEAR market suggesting a potential 15% gain is on the horizon. Amidst a major downtrend, Martinez's latest forecast reveals the altcoin could soon see a significant market rebound.
TL;DR Cross-Chain Breakthrough: Injective's IBC Eureka bridges Bitcoin liquid staking tokens into Cosmos, creating new opportunities for seamless cross-chain interaction. Enhanced DeFi Opportunities: The upgrade enables rapid, secure transactions that empower advanced yield farming, lending, and staking options in the Cosmos ecosystem.
The crypto market lost momentum over the past 24 hours, as cryptocurrencies, including Bitcoin (BTC), registered notable declines. As a result, the crypto market cap shrunk by just over 1%, falling to $2.58 trillion.
This new development opens the door for seamless onboarding of Bitcoin Liquid Staking Tokens (BTC LSTs). For example, Lombard Finance's $LBTC, from Ethereum to Injective.
In a compelling evening that brought together Web3 leaders, technologists, and innovators, Decentral House welcomed over 100 participants for a deep dive into the convergence of AI and blockchain, two of the most transformative technologies shaping the future.
Fetch.ai has announced the partnership with the luxury automotive industry pioneer Mansory, to integrate ASI-1 Mini into the vehicles. It is the world's first Web3-native language model (LLM) specifically built for agent-based AI. Fetch.ai, software company for decentralized and autonomous AI agents, has announced the new strategic partnership with Mansory, a pioneer in the luxury automotive sector.
Despite a series of major initiatives in the first quarter of this year, Injective has seen its price continue to trend downward, now sitting in the deep oversold zone.
Crypto prices were mixed last week as most investors remained in the sidelines as the fear and greed index moved to the extreme fear zone of 4. Bitcoin rose by about 1% during the week, while other tokens like Cardano, XRP, and BNB were barely moved as US stocks plunged.
The crypto market registered a marginal uptick over the past 24 hours despite several altcoins crashing on April Fools' Day. Despite the altcoin crash, the crypto market cap is up 0.50% and currently sits at $2.7 trillion.
Artificial intelligence (AI)-linked cryptocurrencies climbed sharply on Tuesday after OpenAI secured a $40 billion capital injection from Japan's Softbank, Microsoft, and other investors. With this latest round, OpenAI's valuation now stands at $300 billion.
This move brings enterprise-grade infrastructure to the Injective ecosystem. It makes it easier for developers to build, launch, and scale applications.
TL;DR Google Cloud becomes an official validator for Injective to enhance the security and decentralization of the blockchain network. INJ gains access to advanced tools and educational resources through Google Cloud's Web3 portal, facilitating dApp development. Injective and Google Cloud launch a hackathon focused on AI innovation in financial applications.
Google Cloud has officially become a validator for Injective, an interoperable layer-1 blockchain, further strengthening the network's security and decentralization. The move aligns Google Cloud supporting Injective's (INJ) ecosystem, according to a company release.
Google Cloud is now a validator for the Injective network, boosting the blockchain's security, reliability, and credibility. The post Google Cloud Becomes a Validator for the Injective Network appeared first on Cryptonews.
Google Cloud's role as a validator for Injective could significantly boost blockchain security, decentralization, and developer innovation. The post Google Cloud becomes a validator for Injective blockchain appeared first on Crypto Briefing.
This update makes it easier than ever for Telegram users to dive into Injective without needing extra apps. Telegram's built-in wallet has already supported major cryptocurrencies like Bitcoin (BTC) and Toncoin (TON).
The crypto market has made a strong start to the week, with cryptocurrencies registering substantial increases. As a result, the crypto market cap has jumped almost 3% and currently sits at $2.83 trillion.
Bitcoin (BTC) bulls are trying to make a comeback by maintaining the price above the 200-day simple moving average ($84,899) over the weekend. Bitget Research chief analyst Ryan Lee told Cointelegraph that Bitcoin needs to close above $85,000 this week to signal strength and “prevent a drop to $76,000.
Fetch.AI (FET) is turning heads as it steadily regains momentum after a strong rebound from the $0.452 level. This key support held firm, allowing bulls to regain control and drive prices higher.
The crypto market rallied after the Federal Reserve decided to keep interest rates unchanged between 4.25% and 4.50% after the Federal Open Market Committee (FOMC) meeting. The Federal Reserve also stated it sees two rate cuts coming in 2025.
The New Jersey Devils have launched “Bott Stevens,” a custom AI chatbot designed to enhance digital fan engagement.
This marks a game-changing moment in the world of DeFi. It offers users the ability to trade fully onchain stocks 24/7 with no middlemen.
Right now, NEAR Protocol is going through a tough time, with its token on the decline.
The crypto market remained flat for most of the day after a brief rally following better-than-expected inflation data quickly lost steam. Bitcoin (BTC) briefly rose above the $84,000 mark after the US CPI Report but fell flat later in the day, dropping below $84,000.
FET sellers have no intent of relinquishing their grip on the market.
Bitcoin and crypto are currently seeing a relief rally on Tuesday. Is this short-term, or could this be the start of something bigger?
MoreMarkets aims to create yield opportunities from XRP, DOGE and other non-EVM tokens on different DEXs without having to leave their original network.
NEAR could be preparing for a major move on the price charts soon.