AI Tokens Surge Ahead of Bitcoin in Crypto Market

AI Tokens on the Rise With Bitcoin reaching record highs in March 2024, the crypto market is experiencing a bullish cycle. However, AI-based tokens are stealing the spotlight with remarkable growth. Why the Surge? ChatGPT’s GPT-4 launch in 2023 sparked interest in generative AI. Tech giants like Microsoft and Google invested heavily in AI initiatives….

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Solana Memecoin and Ethereum Rival Gain Analyst’s Favor

Solana-Based Dogwifhat (WIF) Analyst Bluntz believes the Solana-based memecoin WIF has bottomed out after hitting a low of $1.89. Bluntz predicts a potential rally based on the Elliott Wave theory, which suggests a bullish reversal after a corrective move. Ethereum Competitor Near (NEAR) Bluntz is also optimistic about Near, an Ethereum competitor that has corrected…

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Crypto Investment Firm Seeks $1 Billion Valuation

Hidden Road Partners, a crypto investment firm backed by Citadel, is reportedly raising funds in a Series B equity round that could value the company at nearly $1 billion. Rise of Prime Brokerages Hidden Road, founded in 2018, offers prime brokerage services for digital assets, precious metals, and foreign exchange. The popularity of prime brokerages…

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DEX Altcoin Set for a Surge, Says Analyst

Crypto analyst Kaleo believes PancakeSwap (CAKE) is poised for a breakout. He sees the decentralized exchange (DEX) altcoin as undervalued against Bitcoin (BTC) and the US dollar. Pattern Recognition Kaleo notes a repeating pattern in CAKE’s price action since November 2023. Each upward leg has been preceded by a sharp downward wick. He believes this…

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Bitcoin’s Price Journey After Halvings

Historical Halving Trends Bitcoin has undergone three halvings since its inception in 2009. In each case, the cryptocurrency’s price has reacted differently. 2016 Halving: BTC price dropped 30% after the halving, reaching $460. 2020 Halving: BTC price dropped 15% after the halving. Possible Price Movements Based on these historical trends, it’s possible that BTC’s price…

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Worldcoin’s Layer-2 Blockchain: World Chain

Worldcoin, a company focused on human authentication, has announced the upcoming launch of World Chain, an open-source Ethereum layer-2 blockchain. This new blockchain aims to enhance the Worldcoin protocol by providing a dedicated infrastructure for its users. Identity Verification with Worldcoin Worldcoin uses iris scanning technology to create encrypted numerical codes that represent unique human…

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Bitcoin’s Token Standards: A Growing Problem

While everyone’s talking about the Bitcoin halving and ETFs, there’s a serious issue brewing that could slow down Bitcoin’s growth: the explosion of token standards. Fragmented Token Standards A recent analysis pointed out the increasing number of different standards for issuing tokens on Bitcoin. BRC-20, Inscriptions, and the upcoming Runes are all competing for dominance….

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Shiba Inu’s Journey to $0.00028

Current Market Conditions Shiba Inu is facing challenges in the market, as Bitcoin’s price movements remain muted. This has led to a downturn in the crypto market, keeping prices low. Long-Term Outlook Despite the current dip, analysts remain bullish on Shiba Inu’s long-term prospects. Macro Third Wave Crypto analyst Crypto Cipher believes Shiba Inu is…

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