TL;DR Donald Trump announced a historic $500 billion private investment in artificial intelligence infrastructure and advanced technological development. A joint venture named Stargate will be created, led by OpenAI, SoftBank, and Oracle, with ambitious plans to build 20 data centers. The investment promises to generate 100,000 jobs, transform the U.S.
FET prices have surged 20% since retesting a key support level fueled by surging whale and trading activity.
Render Foundation introduces AI Scouts Program, aiming to support AI startups with its decentralized GPU network. Key figures include Nate Solomon and Paul Roales.
In the past month, the cost of Render cryptocurrency fell by about 6.7%. But, in the last week, the token has started to pick up again, adding close to 8%.
Bitcoin (BTC) surged to a new all-time high earlier today, surpassing $105,000 to reach $109,350 as the US readies for Donald Trump's inauguration. BTC has risen nearly 4% over the past 24 hours as optimism in the markets builds ahead of the inauguration.
FET profited from the rest of the market's bullishness, but is there more they can do?
Bitcoin (BTC) briefly reclaimed $100,000 after registering a jump of almost 3%, making a strong recovery after plunging below $90,000 a day prior. The increase can be attributed to fresh inflation data and regulatory developments considered bullish for the flagship cryptocurrency.
AI agents could launch their own brands, products, music and movies, driving value to social media platforms, the researchers wrote.
Ripple (XRP) was the lone gainer, rising 1.4% from Friday.
The total market cap for AI coins shows a decrease of nearly 22% over the past month, recording a value of $48.07 billion. The total trading volume of the tokens has also followed the same downward token, with a steep decline of nearly 50% to $2.88 billion.
Supply distribution of MANA showed that some of the larger cohorts of holders were accumulating the token since late November.
As cryptocurrencies close the week with a bearish note, attention has switched to specific segments, and artificial intelligence seems poised to dominate crypto trends in the coming weeks and months. Fetch.ai joined the top-trending alts this week after launching an accelerator fund to support AI startups.
After three torrid days of sharp downward price action, the market is beginning the recovery on Friday. Among the frontrunners so far are Sui (SUI), Render (RENDER), and Fantom (FTM).
Cryptocurrencies remained downbeat on Thursday, with most assets reflecting significant losses on their daily charts. While the crypto Fear & Greed Index switched from greed to neutral, Fetch.ai, Dogecoin, and Toncoin topped altcoin trends for various reasons. Let us find out more. Fetch.ai launches startup fund Crypto AI firm Fetch.
Fetch.ai's accelerator could significantly enhance global AI and tech innovation, fostering cross-border collaboration and commercialization. The post Fetch.ai launches startup accelerator to boost AI and emerging tech innovation appeared first on Crypto Briefing.
Fetch.ai has launched a $10 million accelerator program to empower startups in AI agents, quantum computing and high-performance technology.
Render (RNDR) has seen an impressive 29% surge in just seven days, catching the attention of both retail and institutional investors. At press time, RNDR is trading at $8.73, marking a 3% gain in the last 24 hours.
While American bond yields have surged this week, cryptocurrencies offer investors a good way to benefit from price movement and staking yields. With some Ethereum tokens yielding above 10%, these assets are doing better than bonds and dividend stocks.
Every year, some altcoins manage to outshine others with their unique technology and strong market demand. These standout performers can give life-changing gains to early backers and showcase exponential growth. In the past, projects like Cardano (ADA) and RENDER have gone from a $10 million market cap to become multi-billion projects.
From all the options, Altura ($ALU), Fetch.ai ($FET), and SingularityNET ($AGIX) look like the top picks. Here's a simple breakdown of why these coins are worth watching.
An MVRV ratio of 1.48 also suggests that Render is in the early stages of a bull market cycle.
AI tokens are struggling to perform despite bullish sentiment around AI stocks in traditional markets.
Render Token ($RENDER) has once again caught the eye of cryptocurrency analysts by forming a notable bullish chart pattern known as the cup and handle. This pattern, identified on the daily chart, has a neckline set at around $10, which is a critical resistance level for the token. Currently trading at $8.
The Render (RENDER) price has successfully regained momentum by displaying a strong bullish outlook. Reportedly, this Artificial Intelligence (AI) token has soared over 21%, indicating an increase in the adoption process of this technology in real-world applications.
The cryptocurrency market often thrives on unpredictability, and Fetch.ai's FET token has become a beacon of intrigue in recent days. Amid market turbulence, FET has stood out, delivering a 7.5% gain in the past 24 hours.
With current market sentiment, FET could soar by 30% to reach the $2.05 mark.
Artificial Superintelligence Alliance (FET) has displayed a recovering price pattern on its chart, posting a 25% gain this week. While the uptick might seem encouraging, underlying bearish cues suggest the cryptocurrency could be preparing for a significant drawdown.
Both $AVAX and $RENDER are following Bitcoin's lead by being in the green on Monday. Can both of these altcoins continue to copy Bitcoin by getting back to their all-time highs?
Bitcoin (BTC) has seen a marginal uptick after spending most of the weekend below $98,000. The world's largest cryptocurrency has climbed above $99,000 and is currently trading around $99,100 as bulls set their sights on reclaiming $100,000.
Render prices are testing the $8 resistance zone after a 32% price surge over the last two weeks.
Fetch AI, now the Artificial Superintelligence Alliance (ASI) after merging with Ocean Protocol and SingularityNET, is poised for growth amid recent developments. The planned burn of 5 million FET tokens in January 2025 aims to reduce supply, sparking optimism among investors.
TAO rallies with a 20% surge, signaling potential for extended bullish momentum.
Bittensor (TAO) price is up 15% in the last 24 hours, as it continues to challenge RENDER for the second spot among the largest AI-focused cryptos, with VIRTUAL firmly holding the top position.
Are you trying to figure out which altcoins could make a difference in your portfolio this week? The crypto market is packed with opportunities, but knowing where to look is key. With innovation driving fresh projects forward, there's always something worth considering if you want to make smart investment choices.
Render Network's 2024 achievements include token upgrades, expanded 3D tool support, AI integrations, and significant community growth, setting the stage for 2025.
The $7 level is acting as strong resistance. If Render breaks above this level, it could indicate a bullish reversal.
Bitcoin (BTC) continued to slide despite signs of an attempted recovery reaching an intraday high of $94,804 during early trading hours before a rapid decline dropped it to a low of $91,788. BTC is trading at $92,317, down almost 1.33% in the past 24 hours.
The cryptocurrency market is buzzing with anticipation as Fetch.AI (FET) edges closer to a significant breakout. With growing network activity and promising technical indicators, FET might be on the brink of a remarkable 20-30% rally.
FET's growing network activity and bullish setup could trigger a significant 20-30% rally.
The cryptocurrency market continues its recovery, one asset that's catching the attention of traders and investors alike is RENDER, the native token of the Render network. After showing promising signs of upward momentum, many are speculating that the token could be poised for a substantial rally.
Bitcoin (BTC) didn't bring much holiday cheer to investors as it remained under $100,000. BTC has been marginally down over the last 24 hours and is trading at around $98,100.
RedTeam platform emerges as a groundbreaking solution to combat AI-driven bot threats, offering crypto rewards to ethical hackers for security contributions.
RENDER is doing well, but can it do even better soon?
The story of a successful crypto token characterized by several speculative bull.
Hyperliquid's HYPE, following its billionaire airdrop, surged to a new all-time high on December 21 before entering a steep correction. Meanwhile, RENDER, the leading AI-focused token, has seen a sharp 20% decline over the past week, with its market cap falling to $3.7 billion.
Bittensor's native cryptocurrency, TAO, has quickly become a significant player in the blockchain space, particularly with its focus on creating a decentralized market for artificial intelligence (AI). The project's unique approach has garnered attention, and TAO's price has experienced notable growth in recent months.
While last week's dip tested RNDR's resilience, the altcoin has strongly bounced back, reclaiming investor confidence in a short span.