As of September 19, 2024, TAO has distinguished itself as a leading AI coin within the expanding web3 and blockchain landscape. The recent price surge has been attributed to several factors, including broader market trends and positive earnings reports from major tech companies like Nvidia (NVDA), which have further fueled investor interest in AI-related assets.
With the US Federal Reserve cutting interest rates by 50 basis points on September 18, the crypto market is preparing for an upward thrust. However, a few top altcoins have already surged quite a bit in anticipation of the rate cuts.
Bittensor (TAO) is currently capturing the attention of traders as it forms a symmetrical triangle pattern, signaling a crucial moment for the cryptocurrency. With the broader market on the rise, speculations abound regarding whether a breakout above the pivotal resistance level of $340 could initiate a significant rally, potentially driving Bittensor beyond the $400 mark.
The cryptocurrency markets continued their recent uptick, with major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), Dogecoin (DOGE), and Toncoin (TON), in the green.
Bittensor gaining traction after over 12% returns, showing potential for higher prices soon.
Bittensor ($TAO) and several other leading AI coins are pumping today, despite a marketwide downturn that has shaven 0.4% from the now-$2.16 trillion crypto market.
All but two assets were trading lower as the index dropped 1.6%
PEPE, Polkadot, ImmutableX, and Bittensor stand out amid a heightened focus on the Federal Reserve meeting and persistent fear within the crypto fear and greed index. A detailed look into individual cryptocurrencies reveals intriguing trends and future price predictions. PEPE price paints a bullish setup Currently trading at $0.
As Bitcoin bulls reemerged to push the flagship digital asset above $61k for the first time in nearly three weeks, a few altcoins basking in upbeat sentiment rocked significant gains. In the top 100 coins by market cap, Immutable (IMX), Celestia (TIA), and Bittensor (TAO) jumped more than 14% each to lead.
Aptos (APT) price, a layer 1 cryptocurrency, is currently exhibiting an upward trajectory in its market trends. The APT price movement has entered a bullish phase, showing a noticeable recovery recently.
TL;DR Stacks Launches sBTC on Aptos Network: The integration of sBTC, a 1:1 Bitcoin-backed asset, will enable its use on the Aptos blockchain. Benefits for developers: Aptos will allow developers to use the Move programming language to build decentralized applications with Bitcoin.
Cryptocurrency prices were mixed as traders focused on the upcoming Federal Reserve meeting, with the crypto fear and greed index remaining in the fear zone.
Aptos Foundation has announced that Stacks, the Bitcoin Layer 2 protocol, will integrate Bitcoin into the Aptos ecosystem.
Uniswap (UNI) price appears to be on the cusp of a rebound, with early signs of bullish activity emerging. Recently, the cryptocurrency has faced a downward trend.
The integration of sBTC into Aptos could significantly expand Bitcoin's utility, enabling its use in diverse decentralized applications and smart contracts. The post Stacks to bring Bitcoin to Aptos network through sBTC integration appeared first on Crypto Briefing.
The Cross-Chain Liquidity Operator (CCLO) is like a magic bridge that helps Uniswap work better across different blockchain networks. Here's what you need to know about this development for Uniswap and Chainlink.
The integration "instantly makes Bitcoin highly capable beyond a store of value," said an Aptos exec.
The integration "instantly makes Bitcoin highly capable beyond a store of value," said an Aptos exec.
The integration allows Aptos developers to incorporate Stacks' sBTC into dApps and other real-world applications.
Uniswap ended its four-year unlocking schedule, while aiming for better UNI utility and the potential to share its significant fees. UNI tokens have been pressured by selling in the past years, but remain bullish for a revival of DeFi and DEX activity.
UNI fully unlocked! But only 25% are in circulation as big holders like a16z wait for a breakout.
BTC has struggled with adverse market conditions and a challenging environment, failing to regain momentum and trading largely between $53,000 and $60,000 for several weeks. BTC's failure to hold on to $60,000 indicates demand is drying up at higher levels, with investor hesitation peaking.
Despite full unlocking, only 25.83% of UNI tokens are actively circulating in the market. UNI is trading at $6.47 by 1.945 increase, with a market cap of $3 billion.
Bittensor (TAO) is on the verge of a significant price surge, with technical indicators pointing toward a potential 80% rally. The cryptocurrency has struggled to break through a crucial resistance level, but an ascending triangle pattern suggests that a breakout may be on the horizon.
Bitcoin Frontier Fund, the Stacks Foundation, and Tokensoft have announced a partnership aimed at helping Bitcoin-based startups launch more quickly and efficiently. The collaboration will bring Tokensoft's resources and expertise to startup founders building on Bitcoin, particularly those participating in programs like the N21 accelerator and Bitcoin Frontier Fund's startup accelerator.
The partnership enhances support for Bitcoin builders, streamlining compliance and accelerating project launches, fostering innovation in the ecosystem. The post Tokensoft partners with Stacks Foundation and Bitcoin Frontier Fund to accelerate Bitcoin builders appeared first on Crypto Briefing.
Bittensor (TAO) price has struggled to breach the $357 resistance level. Despite these failed attempts, the conditions for forming an ascending triangle pattern are becoming more apparent.
Here is how some of your favorite assets concluded the week.
A leading decentralized exchange built on the Ethereum blockchain, Uniswap is facing allegations that it accepts bribes to allow protocols on its platform. Hayden Adams, the CEO of Uniswap Labs, has addressed these claims, aiming to clarify the situation and reinforce the platform's commitment to a fair and transparent process.
Decentralized AI project Bittensor skyrocketed to the top of the weekly gainers' list, riding the wave of Nvidia's stock surge.
DIA's decentralized price oracles provide Stacks with transparent and dependable data. Developers now have free access to price feeds, which improves Stacks' DeFi ecosystem.
The crypto market resumes its bounce as sentiment turns bullish ahead of an anticipated rate cut. Kaspa (KAS), one of the week's top altcoin gainers, soared past $0.16 and has been tipped for a rally past $1. As one of the most bullish altcoins, it is a promising wave to take advantage of.
Uniswap Labs CEO Hayden Abrams has refuted claims that the platform charges $20 million for protocol deployments, calling them “completely false.” Abrams, who said he rarely engages with individuals seeking attention, explained that protocol deployments typically follow a governance vote.
Uniswap (UNI) price has recently experienced a surge, reflecting a bullish market trend. The cryptocurrency trades above a crucial support level, indicating a strong momentum shift.
STX experiences a 15.68% surge in the last seven days, leaving analysts excited for a 140% increase to $3.78.
Uniswap (UNI) investors are always on the lookout for the next big opportunity. Recently, many of these investors have turned their attention to the upcoming Mpeppe (MPEPE) gambling ICO, which is being touted as a project with massive growth potential.
September 2024 began on a tough note for several Artificial Intelligence (AI) Coins. However, as soon as the second week started, things changed, making the week a much better one than the last.
Bitcoin (BTC) saw a brief foray above $58,000 on Thursday following the release of US inflation data and Federal Reserve rate cut bets. US consumer prices bumped up slightly in August, but core inflation remained persistent, with the Core Consumer Price Index increasing by 0.28%, compared to an anticipated 0.2% increase.
Uniswap (UNI) is on the verge of a potential breakout as it trades within an ascending triangle pattern. This technical formation suggests that UNI could be gearing up for a significant price increase.
Uniswap Protocol CEO Hayden Adams challenged allegations that the decentralized cryptocurrency exchange takes bribes to allow deployments on its platform.
A recent controversy surrounding Uniswap's deployment costs erupted on Twitter, where allegations were made against Uniswap's financial dealings with Layer 2 (L2) platforms.
The reaction comes after users took to X to complain about Uniswap asking for as much as $20 million for protocol deployment.
The Stacks Asia Foundation will play a crucial role in advancing Bitcoin's decentralized finance (DeFi) capabilities through Stacks' Layer-2 solutions.
The DEX sector is thriving, as trading volumes hit $140 billion last month, highlighting the appetite for decentralized trading solutions.
Cryptocurrency prices and stock indices retreated slightly after the U.S. published encouraging Consumer Price Index data. Uniswap, ICP, AAVE rise, Bitcoin retreats Bitcoin (BTC) retreated to $56,600, while the total market cap of all cryptocurrencies fell to $2 trillion.
DIA, a decentralized oracle network focusing on customizable market data feeds, has joined forces with the Stacks (STX) ecosystem, based on the most recent data shared with Finbold on Wednesday, September 11.
As of September 2024, Uniswap's price stands at $6.53, with a market capitalization of approximately $3.92 billion. The circulating supply of UNI tokens is around 600 million, and its 24-hour trading volume is $100.11 million.
Bitcoin (BTC) briefly hit $58,000 early in today's session, but selling pressure forced the price back below $57,000. The world's largest cryptocurrency continues to face resistance at upper levels, causing bulls to lose momentum.