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Showing posts with the label altcoin news

Could Move-To-Earn Be the Economy of the Future?

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Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. The last decade has supercharged the investment into and development of Artificial Intelligence (AI). Modest predictions estimate the industry to have a 20.1% annual growth rate, with current forecasting seeing AI tech reach a market size of 1394.30 billion by 2029 .  Even across 2022 alone, AI funding increased by 24% from Q1 to Q2 of this year, demonstrating the current excitement that’s bubbling away in this field. One of the leading causes for the sudden gravitation to AI tech is the sheer flexibility of what can be achieved with advanced AI. While talking robots might be the first thing that comes to mind, this is far from the only thing occurring in AI. Everything from creating AI art to automating the workforce is spanning from artificial intelligence. As more funding pours in, the future potential of this...

Explore the Possibilities of the Metaverse and Take Your Gaming Experience to the Next Level – Best Presale in 2023?

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The metaverse, a term coined by tech visionaries to describe a virtual reality where people can socialize, play, and work, is gaining significant attention and investment from top tech companies, governments, and financial institutions. The space is predicted to be worth up to $13 trillion by 2030 and has the potential to change the way we interact, work, and play. With the growing potential of the metaverse, projects in the space could be some of the best presales in 2023. Web3 metaverse projects like The Sandbox, Axie Infinity , Decentraland, and Internet Computer, among others, are leading the way by incorporating decentralized governance and economic elements into the metaverse experience, but there are many more second generation platforms, like RobotEra, that show even more promise. Even more attention has come to the metaverse space recently as The Sandbox, a metaverse gaming platform, announced an MoU with Saudi Arabia's Digital Government Authority (D...

Bitcoin Prices and Ethereum Prediction; Could The Weekend See BTC & ETH Breakout?

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Bitcoin and Ethereum prices have been steady despite experiencing significant volatility in the past few weeks. Bitcoin is maintaining a narrow range between $22,350 and $23,350, while Ethereum is trading choppily within a tight range of $1,550 to $1,630.  As we enter the weekend, many investors are wondering if this could be the time for a breakout. The answer to this question lies in the Analysis of Bitcoin and Ethereum prices over recent days. By looking at the historical trends of these two leading cryptocurrencies, investors can get an idea of whether or not this weekend could see BTC & ETH break out from their current ranges.  Furthermore, by understanding the underlying factors that influence Bitcoin and Ethereum prices, investors can make informed decisions about their investments. Cryptocurrency Market Overview: The Fundamentals Of An Upcoming Boom A cryptocurrency bullish rally was sparked by the previously released Personal Consumption Expen...

Shiba Inu Price Pumps 20% to $0.00001262 - Why its Shibarium Layer 2 Launch is Such a Big Deal

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Source: TradingView The Shiba Inu price has risen by as much as 20% today, buoyed by the imminent arrival of layer-two network Shibarium. At $0.00001210, it's currently 15% up in the past 24 hours and by 31% in a week, with the meme token also posting a return of 41% in the last 30 days. Shibarium is a layer-two network specifically for Shiba Inu, and it's excited the market precisely becuase its launch will help the Shiba Inu become faster and cheaper. And combined with the long-awaited SHIB: The Metaverse, its arrival promises to make 2023 a very profitable year for SHIB holders. Shiba Inu Price Pumps 20% to $0.00001262 - Why its Shibarium Layer 2 Launch is Such a Big Deal SHIB's chart seems to suggest that the altcoin has gone more or less parabolic, with its relative strength index (purple) about to reach 90. Likewise, its 30-day moving average (red) has turned upwards and is likely to overtake its 200-day average, signalling a breakout to a new long...

Here's Why Decentraland MANA Price is Up 20% to $0.7 And $1 is On The Horizon

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Decentraland, the Ethereum-based virtual reality platform, has introduced new Features for its users recently, leading to a significant spike in the value of its token, MANA. MANA's price is currently trading close to $0.7 with a 1.14% decrease in the past 24 hours and closed the previous weekly candle with an 83% gain. The new Features , which include the ability to link profiles, differentiate nametags, and highlight avatars, have been well-received by users if the token's price is any indication. Decentraland (MANA) Price Prediction and Technical Analysis Decentraland's MANA is in a strong bullish trend with MANA's price trading above the 20-day, 50-day, and 100-day EMAs, indicating that the short to long-term trend for this cryptocurrency is bullish providing the wider market conditions allow. With the recent market rally beginning to slow down, investors should be cautious. The MACD indicator suggests that the token is in an uptrend, however. T...

Fight Out's Move-to-Earn Crypto Project is Generating a Lot of Buzz – Find Out Why

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Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. New move-to-earn project Fight Out is generating huge buzz in crypto circles having already raised more than $2.5 million of investment during its presale. The project is set to revolutionize the M2E space with the development of its new fitness app and plans to build real-world gyms that are kitted out with Web3 Features . As CryptoNews revealed last week, Fight Out is also offering new investors up to 50% in bonus FGHT tokens during the presale and is holding a $250,000 token giveaway. Buy FGHT Tokens Now What is Fight Out? As mentioned above, Fight Out is a move-to-earn project that has just launched the first stage of its FGHT token presale. Investors have been flocking to purchase their tokens early, not only to take advantage of up to 50% in bonuses, but because the project is already gunning to be the top M2E projec...

Bitcoin Price Prediction as $15 Billion Trading Volume Comes In – Where is BTC Headed in 2023?

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During the US session, Bitcoin price prediction is neutral as it's trading in a narrow range of $16,450 to $16,750. Lightspark's CEO and co-founder David Marcus disillusioned investors with his forecast for the industry in the next years. The damage done by "unscrupulous players" to Bitcoin and other cryptocurrencies, he said, would not be repaired until at least 2024. On December 30th, he tweeted his thoughts to the world. The fallout from the FTX catastrophe has continued to disturb mood and price performance nearly two months after the event. Marcus was of the opinion that they will continue to be a problem for the crypto business well after 2023. While he didn't specifically name FTX, he did say that "unscrupulous participants" will extend the market's underperformance into 2023. BTC Volatility Caused 0.39% of Elon Musk's $200B Loss According to Bloomberg News, Elon Musk lost $200 billion, making him the first person in hi...

FightOut Move-to-Earn Crypto Presale Raises Nearly $2.5 Million, 50% Bonus Ends Soon – Is This the Next 25x ICO?

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Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Revolutionary new move-to-earn crypto project FightOut has already raised n early $2.5 million during its presale - with early investors also able to earn a 50% bonus on FGHT tokens. The project has ambitious plans to develop an exciting new fitness app as well as build and develop Web3-integrated gyms in key locations around the world.  Locations for the first gym are already being scouted and earlier this week, FightOut announced it has already partnered with three world-class athletes to act as ambassadors. The first presale stage is almost 50% complete - with a target of $5m - and once that is reached bonus tokens will no longer be available to investors, while FGHT tokens will also increase in price after stage 1 is complete. Tokens are currently on sale for $0.0166 each and will then increase every second to a ...

This New Metaverse Crypto Is Poised for Big Gains – Here’s Why

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Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com The crypto space is one of the first to capitalize on the metaverse wave and its profitability potential. RobotEra, a new metaverse crypto project, is poised to positively impact the market with its innovative and interesting Features . An Introduction to RobotEra  RobotEra is a new metaverse gaming platform with massive potential and a significant opportunity for investors to make gains. RobotEra has an interesting storyline. A battle erupted on the planet Taro between two warring factions, an army of invading robots and the planet’s native people. While the robot army triumphed, it was at the expense of the world and its inhabitants. With nowhere else to go, these robots are now tasked with reconstructing the world. RobotEra allows players to pick avatars representing different robots. They can choose between se...

Experts Explain Why Do Kwon May Be in Serbia

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Source: Ljubomir Žarković/Unsplash South Korean legal experts have been giving their thoughts on why the missing Terraform Labs co-founder Do Kwon may have chosen to take up residence in Serbia. Earlier this month, South Korean prosecutors said they believed that Kwon was now resident in Serbia – and understood that he had traveled to the nation via the UAE. South Korea’s Department of Justice has reportedly spoken to its Serbian counterpart in an attempt to obtain an extradition order. Kwon’s South Korean passport has been revoked, which – in theory at least – means he is unable to travel abroad from his current location. An arrest warrant has been issued for him and a number of other Terraform executives, and Interpol has issued a Red Notice, calling upon international police officers to arrest Kwon. Kwon is wanted on charges of violating the Capital Markets Act and committing fraud – charges that he denies and has call...

Crypto Whales Just Snapped Up These Altcoins – Find Out Why

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Crypto whales are people or groups who hold a large amount of a given cryptocurrency--and they're always on the hunt for ways to increase the ROI of their crypto portfolios. One way they do this is to buy promising cryptos early in their development and during presales, which allows them to get more alt coins before demand increases and prices go up. But what is it about certain cryptos that make these whales take notice? An experienced investor knows how to spot a successful project before the crowds. One way to do this is to spot the momentum a given project has in generating buzz. For example, FightOut a new project with significant financial backing, has already managed to generate quite a bit of interest in its private sale and public presale, having raised over $2.1 million in just a few days. They are planning on opening gyms, partnering with celebrities, and launching AI-powered fighters -- taking advantage of multiple key trends that have a high chance...