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DevDay event in San Francisco, California on November 6, 2023.Getty Images A few days ago, some interesting news was announced in the field of Web3/Crypto Artificial Intelligence (AI). Three AI projects – SingularityNETAGIX, Fetch.aiFET, and Ocean Protocol – have announced their intention to merge their tokens and create a megaproject together, the SuperIntelligence Alliance. In my view, this represents an effort by the Web3 AI project to challenge the Web2 AI companies. This challenge is currently extremely difficult, as the combined market value of these projects is just over $7 billion, while Nvidia alone has a market value of $2.25…

Disclosure: The views and opinions expressed herein are solely those of the authors and do not represent the views and opinions of crypto.news editorial. In recent months, the crypto sector has been abuzz with anticipation of the upcoming Bitcoin halving event. We are witnessing the most significant pre-halving price rally ever recorded, with Bitcoin hitting all-time highs much earlier than planned based on four-year cycle theory. This surge had a noticeable impact on the altcoin market, especially in the Web3 gaming sector. While meme coins and AI projects once dominated the altcoin narrative, capital is now shifting to his GameFi…

The crypto market will be in the spotlight this week, with major data points and keynotes scheduled. Expectations markets will look to see how economic data develops to ultimately assess what the Fed's interest rate trajectory will ultimately be.Of all the data points, the top three data points that the market focuses on are:Fed official lectureMarket expectations are currently high regarding an interest rate cut by the US Federal Reserve (Fed). A number of Fed officials are scheduled to speak this week, and investors will be watching all of them closely. The possibility of a sooner-than-expected rate cut has sent…

Last week, a mainly bullish trend occurred among the top cryptocurrencies in the sector, mainly due to the rise in Bitcoin (BTC) prices. Altcoins such as Shiba Inu (SHIB) and ORDI (ORDI) have experienced significant gains riding on Bitcoin's momentum. This excitement observed in the market culminated in a 4.3% increase in the global crypto market capitalization, with $11 billion of capital flowing into the market, rising to $2.66 trillion on March 31st. did. Here we analyze some of their performances. BTC, SHIB, ORDI prices – March 31st | Source: Santiment Bitcoin regains $70,000 Last week was one of Bitcoin's…

Gamza Khanzadaev Ethereum defies expectations, holders surge to all-time highs as hidden bullish on-chain signals emerge Read U.TODAY google news Recent data from Santiment shows that Ethereum rebounded significantly over the weekend as the cryptocurrency soared above $3,600. This upward trajectory follows a brief slump in which his ETH price fell by up to 25% between March 11th and 19th. Despite this setback, Ethereum's resilience is evident as it continues to perform well.A notable development contributing to the bullish outlook for Ethereum is the rapid increase in the number of ETH addresses holding the coin, reaching an all-time high of…

Mushmirbat SHA-256 collision coincides with a pivotal moment for the crypto market Read U.TODAY google news Recent advances in cryptographic research have raised serious questions about the security of Bitcoin (BTC) and other digital assets that rely on the SHA-256 algorithm. Tweet from cryptocurrency wallet solution provider OneKey, Says “SHA-256 Collision Breakthrough: Is Cryptocurrency Invalid?” went viral along with an image from a conference presentation, sparking intense debate and concern.Discussion about the development intensified following a tweet from co-founder Anatoly Yakovenko. Solana (SOL), “I'm back,” he quipped, alluding to the cyclical nature of such groundbreaking news in the cryptocurrency industry.…

The cryptocurrency market is expected to see a massive influx of assets in April, with over $1.7 billion worth of tokens set to be released. Notable among these are Aptos, Axie Infinity, Arbitrum, and Ronin tokens. Token unlocking is gaining traction as a strategy to gradually introduce locked assets to the market over a predefined period of time. Proponents argue that this method aligns incentives between project investors and stakeholders. However, it often leads to short-term volatility and price declines. Top Tokens Unlocked in April CryptoRank, a leading cryptocurrency research and analysis platform, has identified the top 10 token unlocking…

The CEO of Lightning Network Wallet Strike says the US government's rapid debt accumulation will be the catalyst that takes Bitcoin (BTC) to greater heights. In a new interview with Bloomberg Technology, Jack Mallers said the United States has no way to pay off its record $34.578 trillion in debt. Mallars said he expects the government will eventually turn on the money printing presses and print more dollars to meet its fiscal obligations. “Our government is in debt. Traditionally, if I owe you $20, I have two choices. I have to default on it, one… and the other. One is…

U.S. and British authorities have stepped up their crackdown on entities linked to terrorist financing through cryptocurrencies following the October 7 attack on Israel. As such, the US Treasury Department's Office of Foreign Assets Control (OFAC) and the UK Office of Foreign Sanctions Enforcement (OFSI) announced earlier this week that two individuals and three imposed new sanctions on the group. , Hamas. Pro-hamas group faces sanctions The sanctioned companies include Gaza-based social media company Gaza Now and two London-based companies, Al-Qureshi Executives and Aakhirah Limited. Gaza Now founder Mustafa Ayash and head of London operations Aozma Sultana were also targeted.…

But de Bitcoin (Cryptocurrency: BTC) Despite soaring to new heights and renewed enthusiasm around new spot Bitcoin exchange-traded funds (ETFs), the cryptocurrency industry still struggles to attract new investors. According to The Motley Fool Ascent's 2024 Crypto Investor Trends Study, the core demographic in crypto remains young men from the Gen Z and Millennial generation.This is especially surprising given that we keep hearing about cryptocurrencies finally going mainstream. Even more surprising, one of the reasons skeptics don't invest in cryptocurrencies is that they are too expensive. That's simply not true. Here's why:bitcoin sticker shockThere are different ways to interpret cost…