Bitcoin (BTC) continued towards the $100,000 mark, rising to a new all-time high of $99,314 before declining to its current level of $99,124. BTC is now up 45% since Donald Trump was announced as the winner of the US elections.
Rising TVL growth signals blockchain confidence, yet retail sell-offs weigh on INJ's price trajectory.
The Injective (INJ)Summit in Bangkok attracted nearly 1,000 attendees and featured over 30 industry leaders, showcasing pivotal innovations in finance.
The price of Fetch.ai (FET) has slipped below its critical 100-day Simple Moving Average (SMA), raising concerns about the potential for further downside toward the next support level at $1. This breach marks a pivotal moment for the asset, opening the door for negative pressure to take hold.
FET price has been underperforming compared to its closest competitors over the past week, down more than 8%. Despite being the second-largest AI cryptocurrency by market cap, it has struggled to keep pace with other major players in the sector.
Hex Trust expands its custody, staking, and trading services to the Injective (INJ)ecosystem, strengthening its role as a validator and supporting institutional investors.
The cryptocurrency market has seen a mix of sentiment lately, with many altcoins experiencing double-digit drops amidst broader market fluctuations. However, for savvy investors looking to capitalize on potential rebounds, there are key altcoins showing strong bullish recovery signs.
The price of FET, the native token of the Artificial Superintelligence Alliance, has experienced a significant decline over the past 24 hours, dropping by 18%. After peaking at $1.62 yesterday, FET's price has now plummeted to $1.30, triggering concerns among traders and investors about the token's short-term outlook.
Story Highlights The FET price hints at a 60% jump with a bullish reversal. BitTorrent's price adds 28%, and it is expected to hit $0.000001740. The Polygon price holds its value above $0.39 despite correction.
FET, the native token of the Artificial Superintelligence Alliance, is one of the top losers in the market today due to an 18% price decrease in the last 24 hours. This decline drove the FET crypto price from a peak of $1.62 yesterday to $1.28 at the time of writing.
Bitcoin (BTC) hit $90,000 for a brief, fleeting moment before dropping back to mid-$ $89,000. The crypto markets have declined over the past 24 hours as the ongoing bull run took a breather, with most major cryptocurrencies in the red over the past 24 hours.
FET, the cryptocurrency tied to the Artificial Superintelligence Alliance, has been showing considerable growth in both large transactions and active addresses, indicating a rise in investor engagement. Over the past 24 hours, the cryptocurrency experienced a dramatic 172.7% jump in large transactions—those valued at $100,000 or more.
FET large transactions surge by 172. 7% in 24 hours with active addresses hiking by 142.4% over the past week.
Injective Protocol's native token, INJ, has shown impressive bullish momentum lately. The token has gained 49.15% in the past week, followed by an additional 16.09% surge in just the last 24 hours.
November started off very well, with many cryptocurrencies, including Bitcoin, forming new all-time highs. Amidst the chaos, however, some altcoins are getting sidelined and hold the potential to note gains.
INJ has been on a steady long-term rally in the market. Can this positive momentum take the altcoin to $53?
FET is at a pivotal juncture, where a shift in derivative market sentiment could catalyze a breakout.
Fetch.ai (FET), the AI-driven blockchain platform, is attracting significant attention as it gears up for a potential rally. The token has displayed strong bullish signals, suggesting it could rise by 25% to reach the $1.80 mark.
Cardano (ADA) is up 15% in the past 24 hours to lead top gainers among the 100 largest crypto coins by market cap. Meanwhile, as Bitcoin price eyes the potential to flip to new highs after hitting $77k. Elsewhere, several altcoins look poised to tap the upside momentum.
An upside could be on the cars thanks to THIS pattern.
The Artificial Superintelligence Alliance (FET), the leading crypto-AI token is gaining significant attention from crypto enthusiasts following a notable 25% price surge in recent days. Despite this impressive performance, FET is poised for another rally as it has formed a bullish price action pattern on its daily time frame.
Injective (INJ)and Fetch.ai join forces with the Artificial Superintelligence Alliance to enhance AI-enabled finance on the Injective platform, marking a significant step in blockchain interoperability.
Bitcoin (BTC) surged to a new all-time high following Donald Trump's resounding victory in the US presidential elections. BTC surged to $76,460 hours following Trump's victory, as the crypto market surged to new highs.
The price of FET, the token of Artificial Superintelligence Alliance, has surged by 10% in the past 24 hours, signaling a potential recovery from the losses it incurred in October. The price increased from $1.10 to $1.25, marking a sharp rebound after a challenging month in which it saw a 13.39% decline.
Injective's October 2024 update reveals significant advancements in blockchain, ecosystem, and community sectors, aiming to merge traditional finance with decentralized finance.
After Trump's victory, Artemis Terminal shows that the crypto Fetch.ai (FET) and XRP are showing a performance superior to Bitcoin.
Artificial Intelligence tokens FET, TAO, RENDER, and NEAR recorded double-digit gains as NVidia, the world's largest chip maker surpassed Apple in market valuation.
Nvidia has surpassed Apple in market capitalization, reaching a historic $3.43 trillion valuation. This milestone is evidence of Nvidia's leadership in the artificial intelligence industry, which has also led to a significant increase in the number of AI themed cryptocurrencies.
Artificial Superintelligence Alliance (FET) is one of the top gainers today, registering a 10% increase within the last 24 hours. This FET recovery contradicts its performance in October, when its price decreased by 13.39%.
Story Highlights The live price of the AKT token is FET Price price could hit a high of $10 by the end of the year 2024. With a potential surge, the FET price may record a high of $120 during the year 2030.
AUSD is a “stablecoin”. It is a digital dollar that keeps a steady value.
Bitcoin (BTC) briefly fell below $68,000, plunging to a low of $67,574 on Sunday as buyers struggled to hold on to $68,000 following the emergence of mixed signals. The drop marks a significant pullback from above $73,500, with recent daily candles representing considerable selling pressure, indicating a bearish outlook.
The current downtrend is strong, and it could continue if there is no shift in demand.
Artificial Superintelligence Alliance (FET), the popular token in the Crypto AI sector is now poised for an upside rally after experiencing a price drop of over 35% in recent weeks. The reason for this bullish speculation is FET's positive price action and recent activity by whales.
Bitcoin (BTC) slipped below $70,000 as markets turned bearish after the world's premier cryptocurrency briefly teased a new all-time high earlier in the week. BTC is currently down over 4% and is trading around $69,300.
Agora launches AUSD, a US dollar-backed stablecoin, on the Injective (INJ)blockchain, enhancing liquidity between DeFi and TradFi markets, and supporting seamless financial transactions.
Injective, the DeFi-centric protocol, has recently made major moves. Besides boasting of high throughput and low fees while protecting traders from maximal extractive value (MEV) bots, the platform has been striking key partnerships.
Agora, co-founded by Nick Van Eck, is set to launch its US dollar stablecoin, AUSD, on Injective‘s blockchain, aiming to create a bridge for liquidity between decentralized and traditional finance markets. What Happened: Backed by VanEck's asset management and custodied by State Street, AUSD will be collateralized with a basket of cash, U.S. treasury bills, and overnight repurchase agreements, ensuring a 1:1 ratio with the US dollar.
TL;DR Injective has launched AUSD, the first US dollar-backed native stablecoin, developed by Agora to enhance DeFi efficiency. The stablecoin is fully collateralized and backed by cash, Treasury bonds, and repurchase agreements. AUSD has reached a circulation of over $65 million and a daily volume exceeding $15 million.
Agora's AUSD, a stablecoin backed by VanEck and held by State Street, now powers cross-market liquidity on the Injective blockchain. Injective (INJ) has added support for AUSD, a U.S.
Agora's USD stablecoin has gone live on Injective after making its debut on Ethereum, Avalanche and Sui Networks previously.
Fetch.ai, a Cambridge-based artificial intelligence company and member of the Artificial Superintelligence Alliance, has integrated Alibaba Group's cloud computing subsidiary Alibaba Cloud as a cloud provider. Artificial Superintelligence Alliance is a merger of SingularityNET, Ocean Protocol, and Fetch.ai, with the token trading under the FET symbol.
Fetch.ai successfully integrated with the CUDOS mainnet through a network upgrade, merging CUDOS tokens and enhancing decentralized computing capabilities.
Fetch.ai completed its CUDOS network integration while establishing a partnership with Injective, leading to increased trading volume and market optimism reflected in technical indicators.
Fetch.ai (FET) price has been experiencing challenges in holding above $1.71, with its latest attempts marking the second failure in three months. However, recent shifts in market conditions suggest that FET may be positioning itself for a potential recovery.
Fetch ai has successfully completed its network upgrade under Proposal 33, marking a pivotal moment for the decentralized AI-focused platform. The upgrade seamlessly integrates the Fetch ai mainnet with the CUDOS network, merging all CUDOS tokens and staked assets according to predefined token ratios and a three-month vesting schedule.
FET is facing strong downward pressure as bearish signals take hold, with the Relative Strength Index (RSI) suggesting further weakness could be on the horizon. Recent declines have pushed FET's price closer to key support levels, and the RSI's current reading hints at a continuation of the bearish trend.
Despite the lackluster performance of many cryptos this week, a few altcoins crypto whales bought and increased their exposure.