Optimism (OP) price has surged 43.40% in the last seven days, showcasing strong bullish momentum in the market. The uptrend is supported by rising trend strength, with the ADX confirming growing momentum and EMA lines showing a bullish setup.
Ethereum layer 2 scaling solution Optimism ($OP) is riding the bull run after rallying 39% in just seven days. The bulk of those gains came in the last 24 hours, after the token surged 23% to trade at $2.18.
This week, we examine Ripple, Cardano, Optimism, Solana, and Dogecoin in greater detail. Ripple (XRP) XRP just had one of the best months in years, and its price increased by 74% this week alone, bringing it close to $1.5.
Optimism (OP) is experiencing an interesting market rally amid the ongoing cryptocurrency bull run. According to CoinMarketCap data, the protocol's native token OP is changing hands at $2.19, representing a 21.57% rise in the last 24 hours.
Cryptocurrency conglomerate Digital Currency Group (DCG) is making a big splash in the realm of decentralized artificial intelligence (AI), with a keen focus on the Bittensor (CRYPTO: TAO) ecosystem. What happened: Barry Silbert, the head of DCG and an early champion of cryptocurrencies, will lead the new venture called Yuma, aimed at supporting businesses that want to build and deploy AI models on Bittensor, according to a Wednesday press release.
Digital Currency Group (DCG) has unveiled Yuma, a new subsidiary dedicated to accelerating startups building decentralized intelligence projects using Bittensor's infrastructure. According to the firm's statement, the move is a strategic foray into converging crypto and artificial intelligence (AI), two sectors poised for exponential growth.
Digital Currency Group, the parent company of Grayscale and Foundry, has launched a new decentralized intelligence subsidiary named Yuma. According to a press release on Nov.
Crypto venture capital firm Digital Currency Group (DCG) is looking to promote the development of Bittensor (TAO), a decentralized Artificial Intelligence (AI) protocol. The firm aims to achieve this goal through Yuma Group.
DCG's Barry Silbert launches Yuma, a decentralized AI venture, to develop projects for Bittensor's innovative AI network. The post DCG's Barry Silbert unveils decentralized AI venture to fund Bittensor projects appeared first on Crypto Briefing.
Optimism (OP) has been gaining attention in the crypto market, with some analysts predicting a 60% rally if the token can break through a critical resistance level. Michaël van de Poppe, a well-known crypto analyst, has identified that once OP clears its $1.83 resistance, it could see a rapid price surge, potentially pushing the token toward higher price targets.
Barry Silbert will be the CEO of Yuma, a new DCG company focused on incubating and building new businesses within Bittensor's decentralized AI ecosystem.
Bitcoin (BTC) hit a new all-time high of $94,041 after BlackRock, the world's largest asset manager, officially launched the iShares Bitcoin Trust ETF (IBIT) for options trading. However, it declined after reaching this level and is currently trading at $92,114, up almost 1% over the past 24 hours.
Crypto analyst predicts 60% rally for Optimism (OP) after breaking key resistance at $1.83.
TAO was trading at $488.4, a zone that has previously triggered price reversals. Will the same happen this time around?
A widely followed crypto analyst says that one Ethereum (ETH) layer-2 scaling solution appears to be a cusp of a rally that would see it print gains of over 200%.
BlackRock announced on Wednesday that it is expanding its tokenized liquidity fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), to operate on multiple blockchain platforms.
Asset management titan BlackRock is announcing the expansion of its proprietary BUIDL, the company's on-chain money market fund, across five new blockchains.
Bittensor (TAO) has been gaining considerable attention in the cryptocurrency market recently, marked by a dramatic increase in trading volume and a noticeable rise in price action. As of November 13, 2024, TAO's trading volume soared to over $500 million within a 24-hour period, indicating robust market interest.
The tokenized money market fund will launch on nearly half a dozen new blockchain networks.
TAO nears a potential breakout with robust metrics, eyeing a target of $1,252.6.
An important pattern is pointing to a potential 340% increase to $7.20 in OP's price.
Optimism forms an ascending triangle, signaling a potential rally to $7.20.
Bitcoin (BTC) catapulted to another all-time high, reaching $89,604 before declining marginally, as bulls set their eyes on $90,000 and $100,000. The euphoria over Trump's win shows no signs of waning, and BTC could hit $100,000 before the end of the year if the bull run continues at its current pace.
During the U.S. trading session on Monday, the crypto market winessed an accelerated momentum as Bitcoin price spiked to a new high of $85,000. Most major altcoins are following the same pace and preparing to challenge their respective highs.
Bittensor (TAO) price is experiencing strong upward momentum, consolidating its position as the largest artificial intelligence (AI) coin in the crypto market today. Recent analysis using the Ichimoku Cloud highlights a bullish trend, suggesting that buying pressure remains strong.
Latest updates on the coins ATOM, MATIC, and TAO.
The artificial intelligence (AI) boom has put related startups, stocks, and cryptocurrencies in the spotlight and investors' portfolios in 2024. Now, looking at 2025 amid an expected altcoin bull rally, Finbold selected two AI-related cryptocurrencies to consider buying moving forward.
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.
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.
Bitcoin (BTC) is down just over 1% in the past 24 hours, declining after briefly flirting with the $70,000 mark. The current week is crucial in dictating market dynamics, with the US elections and Fed meeting set to commence.
Bittensor is an innovative open-source project that aims to bridge the worlds of blockchain technology and artificial intelligence (AI) through its native token, TAO. This token allows users to interact with a decentralized network that facilitates machine learning, enabling them to extract valuable data while tailoring the network's operations to meet their needs.
The cryptocurrency exchange Gemini, owned by the Winklevoss brothers, has just announced the listing of OP and the memecoins POPCAT and BONK.
Optimism (OP) is making waves in the cryptocurrency space, particularly as a prominent layer 2 solution for Ethereum. This technology is designed to enhance transaction speeds and lower costs, addressing some of the main challenges that Ethereum has faced, such as high fees and congestion during peak times.
Bittensor (TAO), the leading AI coin, has risen 76.64% this year but currently faces bearish pressure. Its price has dropped below crucial support levels, with indicators pointing to continued challenges.
Bitcoin (BTC) is teasing a record high after it peaked at $73,464 on October 30, bringing it within touching distance of its all-time high of $73,750. However, the cryptocurrency has registered a marginal decline during the ongoing session and is trading just above $73,200.
OP's charts have been building momentum recently.
As the Decentralized Physical Infrastructure Network (DePIN) sector gains traction, November 2024 presents an opportunity for investors to capitalize on emerging altcoins in this space. These altcoins have been disrupting the crypto market by merging blockchain technology with real-world applications.
Swell abandons its initial plans to use Polygon's CDK, selecting Optimism's OP Stack for its Layer 2 migration strategy.
Cryptocurrency exchange Kraken received 25 million OP tokens (worth $42.5M) from the Optimism Foundation to build its new layer-2 network Ink on the Superchain ecosystem, with the grant split between engineering funding and transaction-based milestones.
Swell is transitioning to Optimism's Superchain ecosystem and developing an optimistic rollup on the OP Stack.
Bittensor made significant gains over the past day hiking by 7.12% surpassing other AI-themed altcoins. TAO's trading volume also surged by 104.58%.
Optimism Foundation and Kraken closed a 25 million OP deal to bring the exchange's new layer-2 (L2) blockchain, Ink, to the Superchain ecosystem. According to CryptoSlate data, the deal is worth $43 million at OP's current price of $1.72.
Crypto exchange Kraken announced last week that it will build a layer-2 network atop Optimism's OP Stack blockchain framework. CoinDesk is first to report that the deal was reached early this year, involving a grant of 25 million OP tokens, at the time worth roughly $100 million.
Bitcoin (BTC) faced a considerable slump on Friday, and registered a low of $65,700 on Saturday as escalating tensions in the Middle East spooked markets. However, it found support at this level and recovered to push back above $67,000.
Optimism (OP) is currently in the spotlight as it shows promising signs of a potential price breakout. Recent data reveals significant increases in trading activity, especially among large investors known as whales.
A widely followed crypto strategist believes that a decentralized oracle running on Ethereum (ETH) is gearing up for a big market reversal. Analyst Michaël van de Poppe tells his 733,600 followers on the social media platform X that he's bullish on Chainlink (LINK).
Whale and trading activity have surged as Optimism consolidated for a potential breakout.