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The Graph (GRT) price is seeing some recovery as the Artificial Intelligence (AI) token market rises ahead of Nvidia's Q1, 24 earnings report. Nvidia earnings and price outlook for AI tokens As Invezz highlighted earlier today, the sentiment around the chipmaker's much anticipated earnings report saw crypto tokens such as Render and Akash Network soar.
Despite the crypto market experiencing a significant correction, and Bitcoin price dropping below $70K. The Artificial Intelligence (AI) category has successfully regained momentum, resulting in top tokens recording significant price action over the past few days.
Artificial Intelligence (AI) chip manufacturer, Nvidia has released its Q1 2024 earnings posting gains beating market expectations. In a May 22 release, Nvidia disclosed a $26 billion revenue in the first three months of the year, an 18% jump from last quarter and a 262% rise in the last 12 months.
In this article we report the latest most relevant news regarding the crypto ecosystems of The Graph, Litecoin and Bonk.
With its high daily active users, accumulation trends, and rising prices from the recent lows, one of the AI coins had a moderate advantage.
As we move forward in 2024, the cryptocurrency landscape is constantly evolving , with many projects competing for attention and investment. An example of such a project is The Graph (GRT), a decentralized protocol designed to efficiently index and query data from blockchains.
As the Bitcoin price stagnates close to the $66K mark, the altcoins are on the verge of massive moves. Amidst such tokens, the GRT price shows a post-retest rally ready to spring into action and surpass multiple resistances.
Bitcoin is hogging all the limelight, but SOL, AR, GRT and FTM are also trying to move higher.
Amid increased price volatility in the crypto market, the star crypto, Bitcoin price has successfully reclaimed the $65K mark. Moreover, top altcoins have recorded a significant jump in their respective portfolios, highlighting an increase in the bullish influence.
As Bitcoin makes a bullish comeback this week, with an intraday jump of 2.44%, the altcoins market is ready for a reversal. Amidst the rising coins, the GRT price trend shows an intraday rise, teasing a bull cycle for a breakout run.
Artificial Intelligence (AI) technology continues to expand its utility across several segments including blockchain. AI is used in blockchain to enhance security, optimize smart contracts, improve mining efficiency, automate trading, detect fraud, manage data, personalize user experiences, and ensure regulatory compliance, among other things.
The cryptocurrency market has gained around $50 billion amid a wider recovery that has seen the price of Bitcoin bounced back after dropping to the $60,000 resistance level to now trade above $63,000, while altcoins including Dogwifhat (WIF) and Toncoin (TON) saw double-digit gains.
The crypto market continues to display a mixed sentiment amid increased price volatility in the cryptocurrency industry. Moreover, the market leader, Bitcoin price, continues hovering close to its resistance/support level of $62,000, indicating uncertainty in future price action.
Here are the leading AI cryptocurrencies that could make the headlines this month.
A recent YouTube video analysis by Crypto Banter notes Bitcoin's current struggle to break through key resistance levels despite trading at $63,000. The inability of Bitcoin to reclaim $67,000 was highlighted as a concern for the broader market sentiment.
With the compilation of the 4th Bitcoin Halving, the volatility in the crypto industry is on a significant rise. Moreover, the transaction fees for Bitcoin have recorded a multi-year high post-halving, resulting in reduced transactions in the crypto market.
There's no shortage of AI cryptocurrencies for investors to choose from, but here are three of the most promising options to consider.
In this article we will see what news there are for the crypto projects The Graph (GRT) and Shiba Inu (SHIB).
After Bitcoin's record-breaking all-time high (ATH), the price of the cryptocurrency market saw a notable correction in its value, causing the top altcoins to reflect this same. In the meantime, many altcoins with sluggish surges looking to explode soon.
After registering heavy losses in the past few days, most cryptocurrency assets led by Bitcoin (BTC) and Ethereum (ETH) have signaled an inevitable rally in the coming weeks. The total cryptocurrency market cap gained 10 percent to about $2.65 trillion in the past 24 hours leading to Thursday during the early London session.
The Artificial Intelligence (AI) tokens continue to gain significant momentum over the past few weeks, indicating a rise in investor's interest in it. Further, the top AI token have added massive valuation to their respective portfolio with some recorded a returns of over 100% during this time.
With new tech like the upgraded Indexer, The Graph now supports over 40 top blockchains and L2s. This expansion offers developers vast opportunities across many chains, including Arbitrum, AVAX, Celo, and newcomers like Base and NEAR.
The indexing layer is also expanding to Avalanche and Celo.
The Nvidia GPU Technology Conference (GTC) on March 18-21 will be a major push for artificial intelligence (AI) as the world's leading technology company Nvidia goes for transformative moment on AI. With blockchain and crypto companies available in the conference, Nvidia will unleash the power of AI with its AI supercomputer, generative AI, Nvidia Picasso,
