[ad_1] The Artificial Superintelligence Alliance (ASI) kicked off phase 1 of its token merger process. The project recently announced the beginning of the migration process with the delisting of Ocean Protocol (OCEAN) and SingularityNET (AGIX) from crypto exchanges. However, FET is facing some pressure following its rebranding and supply update. Related Reading ASI Token Merger Phase 1 Begins On July 1, the ASI alliance and Fetch.AI (FET) announced the multi-token merger to unify OCEAN, AGIX, and FET. As part of phase 1, withdrawals and deposits with OCEAN and AGIX would close in preparation for the migration to FET. Additionally, the…
Author: dfrancis36
[ad_1] The Cardano Chang Hard Fork, although having not dropped on scheduled, continues to be the most bullish development for the ADA price currently. Expectations are that the completion of the hard fork will bring about an ADA price rally that could send it toward its previous all-time high of $3.1. However, the question remains of whether the expected rally will be as momentous as the 2021 rally that followed the Alonzo Hard Fork. The Legendary 2021 Cardano Rally In 2021, the Cardano Alonzo Hard Fork was one of the most important events in the crypto market, with the expectation…
[ad_1] Ethereum (ETH) price has encountered a setback after briefly surpassing the $3,500 mark on Monday, dropping once again to the $3,400 support level on Tuesday. The delay stems from the expected full approval by the SEC for Ethereum ETF applications, which have now been postponed to July 8. SEC Requests Revised Filings Analysts had initially anticipated approval by July 2, but the SEC has requested issuers to submit revised filings by July 8. Bloomberg ETF expert Erich Balchunas shared on social media that the SEC took additional time to provide feedback, resulting in a revised timeline. Balchunas stated: Unfort…
[ad_1] Bitcoin remains within an uptrend from a top-down preview, looking at the performance in the daily chart, especially in Q1 2024. Bulls appear to be taking over, with the coin floating above $60,000. There Is Oversupply In Bitcoin: Will Prices Fall? Not everyone is convinced that the uptrend will last, at least based on on-chain activities. Taking to X, one analyst pointed to developments in the Bitcoin spent volume lifespan chart. There, the analyst noted a 10X increase in BTC movements compared to previous highs. BTC increasing supply from Mt. Gox | Source: @caprioleio via X The massive influx,…
[ad_1] Fundstrat’s head of research, Tom Lee has doubled down on his initial Bitcoin prediction, strongly emphasizing that the pioneer cryptocurrency will surge to $150,000. The Wall Street strategist highlighted Bitcoin’s strong bullish outlook, believing that the cryptocurrency will eventually pull out of bearish trends soon. Bitcoin To Hit $150,000 In 2024 In a recent interview with CNBC Television, Lee expressed bullish optimism over Bitcoin’s future outlook, reaffirming his previous prediction that the cryptocurrency would reach new all-time highs of $150,000 by the end of 2024. Related Reading Earlier in May, Lee made a bullish forecast for Bitcoin, anticipating a…
[ad_1] Binance US is preparing for a legal battle against the Securities and Exchange Commission (SEC) after the District Court for the District of Columbia determined the SEC’s lawsuit would continue. The exchange remains confident in its case after Judge Amy Berman Jackson dismissed several “key claims” in the lawsuit. Binance Prepares For Legal Battle The American branch of crypto exchange Binance is getting ready to face the SEC as the regulatory battle continues. In an X post, the exchange informed users that the Court decided the SEC’s case would proceed. As stated in the post, Binance US was established…
[ad_1] Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of…
[ad_1] In an environmental assessment mandated by the emerging Markets in Crypto-Asset (MiCA) regulations, the Crypto Carbon Ratings Institute (CCRI) has released detailed sustainability indicators for the Cardano blockchain. CCRI has teamed up with the Cardano Foundation to work on the sustainability assessment which provides a granular look at the network’s energy usage, carbon emissions, waste production, and its broader environmental impact, serving as a compliance check against the European Securities and Markets Authority’s (ESMA) latest regulatory standards. Cardano Is MiCA Ready Cardano’s infrastructure, operating on a Proof of Stake (PoS) protocol named Ouroboros, shows a significant reduction in energy…
[ad_1] We said June would be a bad month…June Recap: WTF Happened to Crypto? The crypto market saw a lot of red during the month of June and while we expected June to be a slow month, it turned out worse than we have forecasted. There were a few significant and key events that took place during the month which contributed to the drop in the market. Key Factors Affecting Crypto in June:Interest Rates: The U.S. Federal Reserve did not lower interest rates in June which the market had been anticipating, contributing to a further decline in the market.Mt. Gox:…
[ad_1] The XRP price continues to remain suppressed under the heat of the Ripple vs. the United States Securities and Exchange Commission (SEC) legal battle. This suppressed price action has continued to discourage investors when its comes to the altcoin. However, not everyone has succumbed to the bearish pressure, as crypto analyst RLinda believes that the XRP price could be attempting a decoupling that could lead to a price breakout from here. XRP Price Decoupling Could Trigger Price Crypto analyst RLinda has forecasted a bullish picture for the XRP price where the altcoin could completely break out of its sluggish…