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Meta is making NFT tools and that's sent a few notable cryptocurrencies sharply higher today.

Arweave (AR) price predictions are worth checking on Thursday after an NFT storage deal with Meta (META) sent the token soaring.

In this crypto analysis article, we look at the top 3 gainers of the past 24 hours. Will they continue to rise till the end of this week?

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), the two most valued cryptocurrencies in the world, traded lower on Thursday after the US Federal Reserve increased interest rates by 75 bps at its latest meeting. Fed Chairman Jerome Powell, meanwhile, said it's very premature to think about pausing rate hikes.

Web2 giant meta interrogates Arweave for storing digital collectibles on their social media platform Instagram causing a massive inflow in AR price. Moreover, this perpendicular growth assisted buyers in forming a bullish reversal pattern called the double bottom.

Meta shares might be on a continual death spiral, but news of a major NFT integration in the pipeline has sent two cryptocurrencies to the top of the trending charts. Meta announced on Tuesday that users of its Instagram and Facebook social media platforms will soon be able to create and sell NFTs directly to fans via the platforms.

Meta shares might be on a continual death spiral, but news of a major NFT integration in the pipeline has sent two cryptocurrencies to the top of the trending charts. Meta announced on Tuesday that users of its Instagram and Facebook social media platforms will soon be able to create and sell NFTs directly to fans via the platforms.

Meta has integrated decentralized data storage protocol Arweave to permanently store digital collectibles from Instagram. The post Meta to use decentralized data storage protocol Arweave to store NFTs from Instagram appeared first on The Block.

The Arweave (AR) price increased considerably after positive news from Meta. It is in the process of reclaiming the $15.80 horizontal area.

Like Reddit, Instagram turned to Polygon for its NFT plans, while attempting to offer users permanent storage through Arweave.

Arweave is partnering with Meta to store non-fungible tokens (NFTs) on Instagram, the protocol's CEO and co-founder Sam Williams announced on Twitter. The post Arweave teams up with Meta for NFT storage, AR token spikes 61% appeared first on CryptoSlate.

Bitcoin bulls have a fight on their hands to keep the world's largest cryptocurrency above the US$20,000 support line. So far so good, but having dipped a further 0.8% to US$20,300 in the past 24 hours, nothing is a given.

Arweave (AR) skyrockets 60% on Instagram integration news

The combined crypto market cap was down 0.31% and pegged at $921 billion. With the seemingly bearish trend, here is a brief rundown of altcoins entering the new week with an impressive weekly performance.

Crypto projects are now a dime a dozen. Which ones are truly innovating and providing real-world value?

Decentralized Storage Networks run on the blockchain which offers a better, cheaper, and more secure mechanism for storing information.

Uniglo's share price is projected to rise rapidly in the near future, while Arweave, Holo, and Bitcoin Gold are all losing key levels.

The cryptocurrencies are in a downtrend and have fallen to the bottom of the chart. The weakest altcoins have revisited the previous support levels.

The altcoins drove the crypto market today to close above $1.1 trillion despite the disappointing results of Coinbase's Q2 Earnings report.

The crypto market stood just where it was yesterday, losing no more than a few million dollars, valued at $1.04 trillion.

It's a brutal bear market for crypto investors as we see prices tumbling down the drains. The negativity can be challenging to escape amid declining portfolio values, and it can be an uncomfortable experience even for the best.

The market is frequently introduced to audacious blockchain projects that are underdeveloped and frequently miss the criteria necessary to cater to an educated investment pool. But Arweave brought a fantastic blockchain idea that enables people to bet favourably on its potential value in the cryptocurrency market.

This post is all about the top 5 cryptocurrencies that performed well in the last seven days. At the time of writing this, the BTC price is sitting at $21,281.50.

The Merge could lower costs and make these tokens more valuable.