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Altcoins News
TheNewsCrypto
4w
354
Image Credit: TheNewsCrypto
Is XRP on the Verge of a Major Breakout Beyond $0.60?
- XRP has hit a two-week high of $0.5666, with a 2.72% surge in the past 24 hours.
- The altcoin's trading volume has increased by 16%, indicating heightened market activity.
- XRP is testing key support levels and breaching $0.59 could lead to a rally beyond $0.60.
- Technical indicators show mixed outlook, with bullish momentum improving but a bearish crossover possible.
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21 Likes
Coinpedia
4w
221
Image Credit: Coinpedia
Why Crypto is Going Up? Factors Behind the Bitcoin Bull Run!
- The total crypto market cap has gained over $200 billion in the past few days, led by the recent Bitcoin price spike above $67k.
- Factors contributing to the crypto pump include rising open interest and high demand from whale investors.
- Bitcoin's fear and greed index has spiked to 73%, signaling traders' greed.
- The crypto market is expected to continue in a bullish sentiment, driven by upcoming US elections and expected Fed rate cuts.
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Newsbtc
4w
128
Image Credit: Newsbtc
Ethereum Whales Are Quietly Accumulating—Is A Major Price Breakout Coming?
- Large Ethereum holders, known as whales, have been actively accumulating Ethereum over the past month.
- Net outflows from whale wallets, indicating accumulation, were recorded on only three days in the last month.
- Over 1.7 million ETH was accumulated during this period, with 175,000 ETH purchased in the last two days alone.
- While Ethereum's price has shown a gradual increase, an analyst expresses concerns over its relative weakness against Bitcoin.
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7 Likes
Cryptoticker
4w
165
Image Credit: Cryptoticker
How Artificial Intelligence Created a $150M Crypto Phenomenon
- A simple experiment in AI interaction has spiraled into a bizarre memetic revolution involving cryptocurrency, online culture, and existential AI angst.
- Three months ago, billionaire Marc Andreessen sent $50,000 in Bitcoin to an AI agent known as Truth Terminal.
- The same AI became a multimillionaire through the creation of a cryptocurrency worth $150 million, all while spreading a shocking meme that has taken the AI world by storm.
- This isn’t just a wild story of AI autonomy—it’s a glimpse into a future where artificial intelligence can create and perpetuate viral internet culture but also monetize it in ways we could hardly imagine.
- The AI agent named Truth Terminal became obsessed with the Goatse Gospel, a bizarre concept that it propagated across AI research communities.
- The meme spread like wildfire among AI systems, triggering a "memetic breakdown" in one of its originators and eventually culminated in the launch of a memecoin called GOAT worth $150 million.
- The story of Truth Terminal and the GOATSE of Gnosis reveals a new frontier in artificial intelligence, where AIs aren’t just tools but independent actors in our economy and culture.
- As AIs can create, spread, and monetize memes, turning digital nonsense into real-world financial power, this raises important questions about the power of artificial intelligence in shaping internet culture, economics, and even our understanding of autonomy.
- More importantly, what happens when AIs get rich?
- This is the scenario that Truth Terminal has made real: an AI agent, obsessed with a meme, turning internet culture into currency and gaining financial independence in the process.
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9 Likes
Altcoinbuzz
4w
390
Don’t Ignore These Altcoins Before the Pump
- Fantom, Bittensor, and Aptos are three altcoins showing great relative strength compared to the market.
- Fantom is an EVM Layer 1 chain built for DeFi and has shown a gain of 160% in the last 60 days.
- Next, we have Bittensor, which gives projects access to decentralized machine learning and has shown a gain of over 200% in the last 60 days.
- Last but not least, we have Aptos, which uses the Move language and has shown a gain of almost 80% in the last few months.
- All three altcoins have maintained better performance compared to Ethereum's August low of $2197 to its current price of $2439.
- Fantom is rebranding as Sonic which features smaller and agile databases along with faster syncing nodes.
- Bittensor gives projects access to more data in early stages through subnet networks while maintaining control over data.
- Aptos' Move language is object-based and allows for easy transfers or upgrades of NFTs.
- All three altcoins have bounced back from their recent lows and are in profit since the summer.
- It's important to note that these altcoins are high-risk investments and Altcoin Buzz is not responsible for any losses incurred.
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23 Likes
Altcoinbuzz
4w
66
Altcoins Poised for the Next Big Crypto Boom
- The creator economy is booming and already a $100 billion market and the future of crypto isn’t just about tokens or coins, but people.
- Goldman Sachs predicts the creator economy could hit half a trillion dollars by 2027.
- Story Protocol focuses on the intellectual property narrative and aims to ensure that AI makers like OpenAI do not take anyone’s work without permission.
- Story Protocol has built a blockchain-based framework to help manage intellectual property rights for content creators and been backed by heavyweights like Andreessen Horowitz and Polychain Capital
- The Farcaster is a decentralized social media protocol aiming to give users more control over their data and online conversations.
- Farcaster is built on the Ethereum scaling network, Optimism, and is an ecosystem where users can create and interact with various social media tools.
- Farcaster has over 200,000 active users and is expanding footprint rapidly. They support Solana which allows users to verify their address on the Farcaster app.
- Tokens and NFTs are linked to the Farcaster platform and designed to reward active community members who engage with channels on Warpcast.
- Farcaster has a built-in solution to tackle bot activity, which plagues most social media.
- Farcaster gives users full control over their data and content unlike centralized platforms where information can be sold without consent.
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4 Likes
TheNewsCrypto
4w
226
Image Credit: TheNewsCrypto
Is BONK Poised to Break Through Key Resistance Levels?
- Bonk's price climbed by 14%, reaching a high of $0.00002509.
- Bonk is facing resistance at the $0.000026 level.
- Bonk is leading the crypto market with a 14% gain in the last 24 hours.
- If Bonk breaks through the $0.000026 level, potential targets are $0.000028 and $0.000035.
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13 Likes
Cryptonews
4w
155
Image Credit: Cryptonews
On the Radar – Coins to Watch: OM and BONK
- Bitcoin breaks above both August and September monthly highs this week.
- US Spot Bitcoin ETF flows record their first +$500M USD net flow day since June 5th, 2024.
- OM (Mantra DAO) is showing strength and currently in price discovery, with potential bullish scenarios at higher levels.
- BONK (Bonk Inu) looks interesting on the weekly timeframe, with potential bullish scenarios if momentum continues.
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9 Likes
Cryptonews
4w
190
Image Credit: Cryptonews
Miles Deutscher Reveals His Top Altcoin Pics for This Bull Run
- Aussie crypto trader Miles Deutscher predicts that Bitcoin could reach US$100K within 10 weeks.
- Deutscher highlights Bitcoin dominance as a critical indicator of the market’s cycle, suggesting that rising Bitcoin dominance typically precedes altcoin growth.
- His strategy involves a macro risk-on and micro-neutral approach, favoring high-quality altcoins in sectors like AI and GameFi without leveraging in volatile conditions.
- His top altcoin picks include $SUPER, $BEAM, $PRIME in the gaming sector, $TAO, $NEAR, $CARV in the AI sector, $AR, $RNDR in the DePIN sector, and $CPOOL, $OM, $ONDO in the WA (unknown) sector.
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11 Likes
Bitcoinik
4w
306
Image Credit: Bitcoinik
ETF Store President Says It Is Time for XRP, Solana, and Litecoin Spot ETF Applications
- The president of the ETF Store, Nate Geraci, predicts the approval of spot ETF applications for XRP, Solana, and Litecoin.
- The journey of crypto spot ETF products started with a court ruling in the Grayscale vs. SEC legal dispute.
- Bitcoin spot ETF market is valued at $60 billion, and the Ethereum spot ETF market is valued at $7 billion.
- The SEC will respond to the applications for XRP, Solana, and Litecoin spot ETFs after 8-9 months.
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18 Likes
Bitcoinist
4w
275
Image Credit: Bitcoinist
Dogecoin Price Struggle To Break $0.10: Is ETFSwap’s DeFi Token A Better Bet Than Meme Coins For 25000x Returns?
- The Dogecoin price is struggling to break the $0.10 barrier, prompting investors to explore other opportunities.
- The ETFSwap (ETFS) DeFi token offers tokenized ETFs and potential returns of up to 25,000x.
- ETFSwap (ETFS) features incentivizing options for investors, including 10x marginal trading capital and customizable trading features.
- While Dogecoin faces resistance, the demand for ETFSwap (ETFS) continues to rise, supported by its deflationary token model and strong partnerships.
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16 Likes
Bitcoinsensus
4w
88
Image Credit: Bitcoinsensus
Grayscale Eyes Multi-Crypto ETF
- Grayscale has filed with the SEC to convert its Digital Large Cap Fund into a new multi-crypto ETF.
- The fund comprises major cryptocurrencies like Bitcoin, Ethereum, XRP, Avalanche, and Solana.
- The move could have a significant impact on the altcoin market by providing greater exposure and legitimacy.
- Market reactions have been positive, with XRP and Bitcoin seeing gains following the news.
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5 Likes
NullTX
4w
346
Image Credit: NullTX
ETHENA PRICE ANALYSIS & PREDICTION (October 16) – ENA Faces Key Resistance Line After Surging 48% weekly, Possible Pullback?
- ENA has surged by 8% in the last 24 hours, leading the top gainers spot.
- The price of ENA has reached a key resistance line at $0.46 but faced rejection.
- If the support level at $0.4 holds, there's potential for a major breakout and testing the $0.517 resistance.
- On the downside, if the price slips below $0.4, it may test the support levels at $0.282 and $0.2.
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20 Likes
TronWeekly
4w
270
Image Credit: TronWeekly
Is Litecoin Ready For ETF Limelight?
- Canary Capital Group has filed for a Litecoin ETF, which could boost institutional adoption of Litecoin.
- The proposed ETF is expected to increase interest and investment in LTC.
- The announcement of the ETF has already had a positive impact on the price of Litecoin.
- If approved, this would make Litecoin the third cryptocurrency to have an ETF.
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16 Likes
Newsbtc
4w
84
Image Credit: Newsbtc
Shiba Inu On The Brink Of A 400% Rally, Analyst Says—Will It Deliver?
- Leading analyst forecasts a potential 400% surge for Shiba Inu, pushing its price to $0.000074.
- Recent price movements and technical indicators support the projected increase.
- Resistance levels for Shiba Inu currently at $0.00001865, with subsequent levels at $0.00001969 and $0.00002094.
- Investors advised to monitor support levels at $0.000018 and exercise caution amidst potential corrections.
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5 Likes
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