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Bitcoin Soars Past $71K, Fueled by ETF Inflows and Bull Run Hopes Bitcoin (BTC) surged above $71,000 in the last 24 hours, marking a new high since May 21st. Ethereum (ETH) also rose 1%, reaching $3,800 as the broader crypto market rallies. ETF Boost Drives Bitcoin Price The key factor behind the surge is likely the sustained inflow of capital into spot Bitcoin exchange-traded funds (ETFs). These investment vehicles have attracted over $880 million in net capital inflows on Tuesday, marking their 17th consecutive positive day. This is the best day for inflows since March 12th and the second-best since BTC ETFs launched. Analysts like Eric Balchunas of ETF Bloomberg point to the impressive year-to-date total of over $15 billion in BTC ETFs, rivaling established funds like SPY and VOO. Altcoins Join the Rally The optimism extends to altcoins, with a broad-based market upswing. Uniswap (UNI) leads the pack, fueled by a recent cryptic message from Uniswaps Labs. Binance Coin (BNB) also surged nearly 12%, nearing its all-time high and exceeding a $100 billion market cap thanks to new launches on Binance Launchpool. Other notable gainers include toncoin (TON), shiba inu (SHIB), solana (SOL), dogecoin (DOGE), and avalanche (AVAX). XRP and Cardano (ADA) saw more moderate increases. Analyst Optimism and Ethereum's Future "The resilience of BTC ETFs after recent sell-offs is impressive," said Balchunas. "This surge feels like a turning point." While inflows slowed down after the initial Bitcoin explosion in March, they have averaged $140 million daily since May 16th, according to Farside Investors. The positive sentiment surrounding Bitcoin extends to Ethereum as well. Investors anticipate the launch of spot ETH ETFs, which could propel the leading altcoin to similar highs. A recent report by K33 Research predicts net inflows of $4 billion for ETH investment products in the second half of 2024, potentially leading to significant gains compared to Bitcoin. Market Outlook and Potential Risks.
Bitcoin Soars Past $71K, Fueled by ETF Inflows and Bull Run Hopes

Bitcoin (BTC) surged above $71,000 in the last 24 hours, marking a new high since May 21st. Ethereum (ETH) also rose 1%, reaching $3,800 as the broader crypto market rallies.

ETF Boost Drives Bitcoin Price
The key factor behind the surge is likely the sustained inflow of capital into spot Bitcoin exchange-traded funds (ETFs). These investment vehicles have attracted over $880 million in net capital inflows on Tuesday, marking their 17th consecutive positive day. This is the best day for inflows since March 12th and the second-best since BTC ETFs launched.

Analysts like Eric Balchunas of ETF Bloomberg point to the impressive year-to-date total of over $15 billion in BTC ETFs, rivaling established funds like SPY and VOO.

Altcoins Join the Rally
The optimism extends to altcoins, with a broad-based market upswing. Uniswap (UNI) leads the pack, fueled by a recent cryptic message from Uniswaps Labs. Binance Coin (BNB) also surged nearly 12%, nearing its all-time high and exceeding a $100 billion market cap thanks to new launches on Binance Launchpool.

Other notable gainers include toncoin (TON), shiba inu (SHIB), solana (SOL), dogecoin (DOGE), and avalanche (AVAX). XRP and Cardano (ADA) saw more moderate increases.

Analyst Optimism and Ethereum's Future
"The resilience of BTC ETFs after recent sell-offs is impressive," said Balchunas. "This surge feels like a turning point."
While inflows slowed down after the initial Bitcoin explosion in March, they have averaged $140 million daily since May 16th, according to Farside Investors.

The positive sentiment surrounding Bitcoin extends to Ethereum as well. Investors anticipate the launch of spot ETH ETFs, which could propel the leading altcoin to similar highs. A recent report by K33 Research predicts net inflows of $4 billion for ETH investment products in the second half of 2024, potentially leading to significant gains compared to Bitcoin.
Market Outlook and Potential Risks.
Devcon Southeast Asia 2024: Unlocking the Future of Ethereum in the Heart of Bang The Ethereum Foundation is set to ignite a groundbreaking spark in the vibrant city of Bangkok, Thailand, from November 12 to 15, 2024, as it proudly unveils Devcon VII, the much-anticipated Ethereum Developers Conference. This announcement not only reveals the date and location but marks a strategic move aligning with the region’s immense potential and the burgeoning adoption of cryptocurrencies. https://www.geekmetaverse.com/devcon-southeast-asia-2024/ #devcon #BlockchainEvents #Devcon7 #DC7SEA #web3 #ethereum #eth #EthereumETF #web3event #web3conference #bangkok #asia #Thailand #devconsoutheastasia #DevconVII
Devcon Southeast Asia 2024: Unlocking the Future of Ethereum in the Heart of Bang

The Ethereum Foundation is set to ignite a groundbreaking spark in the vibrant city of Bangkok, Thailand, from November 12 to 15, 2024, as it proudly unveils Devcon VII, the much-anticipated Ethereum Developers Conference. This announcement not only reveals the date and location but marks a strategic move aligning with the region’s immense potential and the burgeoning adoption of cryptocurrencies.

https://www.geekmetaverse.com/devcon-southeast-asia-2024/

#devcon #BlockchainEvents #Devcon7 #DC7SEA #web3 #ethereum #eth #EthereumETF #web3event #web3conference #bangkok #asia #Thailand #devconsoutheastasia #DevconVII
Crypto Sector Trends in 2024: A Deep Dive according to Binance Research Bitcoin's continued reign, a potential institutional influx via ETFs, and the ever-influential halving event paint a promising picture for 2024. But while the bull market whispers are tempting, uncertainty remains. Let's dive deeper into the trends that could shape the digital currency landscape: Bitcoin: Still King, Still Evolving 2023 was kind to Bitcoin, and 2024 could be even kinder. A US Bitcoin spot ETF approval could unlock a flood of institutional money, reshaping the market. Meanwhile, the upcoming halving promises to squeeze supply and potentially inflate value. Beyond Bitcoin: A Tapestry of Trends Ordinals and Inscriptions: These controversial features are carving their niche in blockchains, adding new possibilities and sparking debates. Stablecoins: Anchoring the Storm: Their crucial role in facilitating crypto trading ensures their continued evolution and importance. NFTs and DeFi: A Phoenix Rising: The NFT market rebounds, bolstered by growing interest and exciting innovations. DeFi, meanwhile, marches on, pushing the boundaries of decentralized finance. Protocol Fees: Cost-Cutting Crusade: Optimizing fees and strengthening network foundations are high on the agenda, ensuring smoother transactions and a more robust ecosystem. SocialFi: Blurring the Lines: DeFi meets social media in this nascent trend, bringing finance and social engagement closer than ever. #binance #BinanceResearch
Crypto Sector Trends in 2024: A Deep Dive according to Binance Research

Bitcoin's continued reign, a potential institutional influx via ETFs, and the ever-influential halving event paint a promising picture for 2024. But while the bull market whispers are tempting, uncertainty remains. Let's dive deeper into the trends that could shape the digital currency landscape:
Bitcoin: Still King, Still Evolving
2023 was kind to Bitcoin, and 2024 could be even kinder. A US Bitcoin spot ETF approval could unlock a flood of institutional money, reshaping the market. Meanwhile, the upcoming halving promises to squeeze supply and potentially inflate value.
Beyond Bitcoin: A Tapestry of Trends
Ordinals and Inscriptions: These controversial features are carving their niche in blockchains, adding new possibilities and sparking debates.
Stablecoins: Anchoring the Storm: Their crucial role in facilitating crypto trading ensures their continued evolution and importance.
NFTs and DeFi: A Phoenix Rising: The NFT market rebounds, bolstered by growing interest and exciting innovations. DeFi, meanwhile, marches on, pushing the boundaries of decentralized finance.
Protocol Fees: Cost-Cutting Crusade: Optimizing fees and strengthening network foundations are high on the agenda, ensuring smoother transactions and a more robust ecosystem.
SocialFi: Blurring the Lines: DeFi meets social media in this nascent trend, bringing finance and social engagement closer than ever.

#binance #BinanceResearch
Florida Mansion Sells for $11.2M, Includes Metaverse Version and NFTsThe real estate industry is witnessing a groundbreaking change as a luxurious Pinecrest home in Miami-Dade County, Florida, recently sold for a staggering $11.2 million. What makes this sale truly unique is that it not only included the physical property but also its digital metaverse counterpart and four non-fungible tokens (NFTs). The Metaverse in Real Estate The digital revolution is redefining the boundaries of the real estate market. In this groundbreaking transaction, the buyer not only acquired the tangible mansion but also a meticulously crafted digital twin inside The Sandbox metaverse platform. This digital replica provides an immersive experience, allowing the owner to virtually explore the mansion, relax on the couch, and even host virtual parties. The primary distinction is the inclusion of a virtual nightclub, specifically designed for hosting metaverse gatherings. This collaborative effort between Voxel Architects, the pioneering virtual architecture company, and Gabe Sierra, the director of operations for Sierra Developments, brought this remarkable concept to life. The metaverse home is an exquisite addition, setting the stage for potential innovations in the real estate industry. NFT Artworks Elevating Real Estate Notably, the sale of this Pinecrest home also encompassed four NFT artworks. These NFTs became the possession of the new homeowner during the property’s closing and now adorn the virtual mansion’s walls. This artistic inclusion signifies a significant shift in the real estate market. A Futuristic Real Estate Landscape The inclusion of the metaverse in real estate transactions suggests a promising future for the industry. While traditional homes have their charm, the metaverse offers a unique, virtual experience for homeowners. The ability to tour your home, invite guests, and even throw a digital party in a metaverse setting is a novel concept. Moreover, the addition of the nightclub in the virtual mansion hints at the entertainment potential that the metaverse brings to real estate. It may not replace the traditional real estate market, but it certainly offers an exciting alternative. The New Pinecrest Home The new homeowner is now the proud owner of a Pinecrest mansion in Miami-Dade County, located just over 10 miles south of downtown Miami. The property, inclusive of its digital counterpart, was acquired in a cash transaction for $11.2 million, marking a sales record for Pinecrest. The property includes an 11,000-square-foot American modernist-style main house with seven bedrooms, nine bathrooms, a one-bedroom guest house with laundry facilities, and a garage. The interiors are adorned with high-quality finishes and state-of-the-art appliances. Not to mention the wine cellar and the living and family rooms equipped with a wet bar. Outdoors, there’s a 40-foot resort-style pool, an infinity-edge hot tub, and a 60-foot-long outdoor lounge on a covered terrace, complete with an adjacent al-fresco kitchen. The property offers a luxurious and comfortable lifestyle for its new owner. The Digital Twin and NFTs The digital twin of the property, designed by Voxel Architects and Gabe Sierra, also features the added attraction of a nightclub. For metaverse enthusiasts, this means you can have a party right in your Sandbox property, without the need to travel to South Beach. The four NFT artworks included in the sale have added an artistic touch to the property. These artworks are displayed in different parts of the home, enhancing its appeal and uniqueness. The Future of Real Estate Marketing This innovative sale sparks an interesting question: Is this the future of home marketing? While creating a digital twin is an expensive and time-consuming endeavor, it adds a new dimension to real estate marketing. It not only appeals to potential buyers’ imaginations but also gives them a taste of what life could be like in their new home. The ability to visualize the space and experience it in a virtual world is an exciting prospect. While the digital twin may not be for everyone, it certainly has the potential to transform how homes are marketed and sold. Real Emotion in Real Homes In the end, what truly sold this home was the physical property itself. The real-world tour allowed potential buyers to experience the greatness of the space and the seamless integration of the outdoors with the house, offering the outdoor living that people expect in South Florida. It’s a home filled with emotion and character, which is something that’s hard to convey in the virtual world. The master suite, with its sitting room and spa-like bathroom, provides the new homeowner with a tranquil retreat at the end of the day. Real-Life Art in a Digital Concept The buyer’s interest in art was also a significant factor. This home is designed to showcase real-life art, with its soaring ceilings and impressive spaces. The buyer initially saw it as a digital concept, but the real-life experience left an even more lasting impression. The Expanding Metaverse This groundbreaking transaction is a testament to the metaverse’s growing influence in various industries. Real estate is no exception. As technology continues to advance, we can expect more creative and innovative approaches to buying and selling properties. Back in 2022, NTRY, a Canadian startup, introduced a virtual platform for showcasing and selling real estate properties in the virtual realm. The DAMAC Group also announced its plans to venture into the metaverse, further bridging the gap between the physical and digital worlds. The Convergence of NFTs and Real Estate The world of NFTs has seen significant developments in the real estate sector. Companies like Verse Estate have connected luxurious digital properties with NFTs, providing unique investment opportunities. Developers like Niecon and All Set have also tokenized and fractionalized real estate properties, making real estate investments more accessible to a broader range of investors. In conclusion, the sale of a Florida mansion for $11.2 million, including a metaverse version and NFT artworks, represents a significant milestone in the real estate industry. It demonstrates the potential for blending the physical and digital worlds, making real estate transactions more innovative and exciting.

Florida Mansion Sells for $11.2M, Includes Metaverse Version and NFTs

The real estate industry is witnessing a groundbreaking change as a luxurious Pinecrest home in Miami-Dade County, Florida, recently sold for a staggering $11.2 million. What makes this sale truly unique is that it not only included the physical property but also its digital metaverse counterpart and four non-fungible tokens (NFTs).
The Metaverse in Real Estate
The digital revolution is redefining the boundaries of the real estate market. In this groundbreaking transaction, the buyer not only acquired the tangible mansion but also a meticulously crafted digital twin inside The Sandbox metaverse platform. This digital replica provides an immersive experience, allowing the owner to virtually explore the mansion, relax on the couch, and even host virtual parties. The primary distinction is the inclusion of a virtual nightclub, specifically designed for hosting metaverse gatherings.
This collaborative effort between Voxel Architects, the pioneering virtual architecture company, and Gabe Sierra, the director of operations for Sierra Developments, brought this remarkable concept to life. The metaverse home is an exquisite addition, setting the stage for potential innovations in the real estate industry.
NFT Artworks Elevating Real Estate
Notably, the sale of this Pinecrest home also encompassed four NFT artworks. These NFTs became the possession of the new homeowner during the property’s closing and now adorn the virtual mansion’s walls. This artistic inclusion signifies a significant shift in the real estate market.
A Futuristic Real Estate Landscape
The inclusion of the metaverse in real estate transactions suggests a promising future for the industry. While traditional homes have their charm, the metaverse offers a unique, virtual experience for homeowners. The ability to tour your home, invite guests, and even throw a digital party in a metaverse setting is a novel concept.
Moreover, the addition of the nightclub in the virtual mansion hints at the entertainment potential that the metaverse brings to real estate. It may not replace the traditional real estate market, but it certainly offers an exciting alternative.
The New Pinecrest Home
The new homeowner is now the proud owner of a Pinecrest mansion in Miami-Dade County, located just over 10 miles south of downtown Miami. The property, inclusive of its digital counterpart, was acquired in a cash transaction for $11.2 million, marking a sales record for Pinecrest.
The property includes an 11,000-square-foot American modernist-style main house with seven bedrooms, nine bathrooms, a one-bedroom guest house with laundry facilities, and a garage. The interiors are adorned with high-quality finishes and state-of-the-art appliances. Not to mention the wine cellar and the living and family rooms equipped with a wet bar.
Outdoors, there’s a 40-foot resort-style pool, an infinity-edge hot tub, and a 60-foot-long outdoor lounge on a covered terrace, complete with an adjacent al-fresco kitchen. The property offers a luxurious and comfortable lifestyle for its new owner.
The Digital Twin and NFTs
The digital twin of the property, designed by Voxel Architects and Gabe Sierra, also features the added attraction of a nightclub. For metaverse enthusiasts, this means you can have a party right in your Sandbox property, without the need to travel to South Beach.
The four NFT artworks included in the sale have added an artistic touch to the property. These artworks are displayed in different parts of the home, enhancing its appeal and uniqueness.
The Future of Real Estate Marketing
This innovative sale sparks an interesting question: Is this the future of home marketing? While creating a digital twin is an expensive and time-consuming endeavor, it adds a new dimension to real estate marketing. It not only appeals to potential buyers’ imaginations but also gives them a taste of what life could be like in their new home.
The ability to visualize the space and experience it in a virtual world is an exciting prospect. While the digital twin may not be for everyone, it certainly has the potential to transform how homes are marketed and sold.
Real Emotion in Real Homes
In the end, what truly sold this home was the physical property itself. The real-world tour allowed potential buyers to experience the greatness of the space and the seamless integration of the outdoors with the house, offering the outdoor living that people expect in South Florida.
It’s a home filled with emotion and character, which is something that’s hard to convey in the virtual world. The master suite, with its sitting room and spa-like bathroom, provides the new homeowner with a tranquil retreat at the end of the day.
Real-Life Art in a Digital Concept
The buyer’s interest in art was also a significant factor. This home is designed to showcase real-life art, with its soaring ceilings and impressive spaces. The buyer initially saw it as a digital concept, but the real-life experience left an even more lasting impression.
The Expanding Metaverse
This groundbreaking transaction is a testament to the metaverse’s growing influence in various industries. Real estate is no exception. As technology continues to advance, we can expect more creative and innovative approaches to buying and selling properties.
Back in 2022, NTRY, a Canadian startup, introduced a virtual platform for showcasing and selling real estate properties in the virtual realm. The DAMAC Group also announced its plans to venture into the metaverse, further bridging the gap between the physical and digital worlds.
The Convergence of NFTs and Real Estate
The world of NFTs has seen significant developments in the real estate sector. Companies like Verse Estate have connected luxurious digital properties with NFTs, providing unique investment opportunities. Developers like Niecon and All Set have also tokenized and fractionalized real estate properties, making real estate investments more accessible to a broader range of investors.
In conclusion, the sale of a Florida mansion for $11.2 million, including a metaverse version and NFT artworks, represents a significant milestone in the real estate industry. It demonstrates the potential for blending the physical and digital worlds, making real estate transactions more innovative and exciting.
Animoca Brands’ Subsidiary Forj Unveils ApeCoin ($APE) AcceleratorForj, a subsidiary of Animoca Brands, has initiated the official launch of the ApeCoin Accelerator ($APE), marking a significant milestone for the ApeCoin ecosystem. This cutting-edge accelerator, supported by the ApeCoin DAO, aims to invigorate the Web3 community. On the 17th of October, 2023, Forj, a prominent Web3 technology endeavor under the Animoca Brands umbrella, unveiled the ApeCoin Accelerator, a community-driven Web3 accelerator that derives its funding from the ApeCoin DAO. This launch signals the opening of applications to the ApeCoin Accelerator program, presenting aspiring entrepreneurs with the opportunity to introduce their innovative Web3 ventures to an extensive ApeCoin community boasting over 200,000 members, commencing in Q4 of 2023. The inception of the ApeCoin Accelerator follows the successful ratification of AIP-209, a proposal originating from the ApeCoin DAO’s Idea Proposal (AIP) system. Tailored to fortify the ApeCoin ecosystem and amplify its utility for ApeCoin stakeholders, this accelerator is designed to endorse and inaugurate projects striving to augment the value proposition for ApeCoin holders. Ape token holders will enjoy the privilege of supporting approved ApeCoin projects via the Ape Launchpad ($APE Launchpad), permitting the acquisition of NFTs and alternative tokens. Additionally, they will be empowered to exercise their voting rights to determine the acceptance of project proposals. Harry Liu, the Chief Executive Officer of Forj, expressed his enthusiasm for this momentous launch, stating, “Today signifies the onset of a transformative era in innovation for the ApeCoin community. The ApeCoin Accelerator extends a warm invitation to any visionary entrepreneur with a compelling Web3 initiative to submit their applications now, joining us on our quest to enrich the ApeCoin ecosystem.”Yat Siu, the co-founder and executive chairman of Animoca Brands, reflected on the significance of community-driven endeavors like the ApeCoin Accelerator. He emphasized that APE token holders play a pivotal role in steering innovation within the ecosystem they belong to. Furthermore, he underscored the ApeCoin Accelerator’s potential to map out the future landscape of online ecosystem expansion, with eager anticipation for the emergence of remarkable new projects within the program. Entrepreneurs interested in applying for the ApeCoin Accelerator program are encouraged to visit the official ApeCoin Accelerator website and complete the dedicated application form. About Forj Forj, a subsidiary of Animoca Brands, is dedicated to delivering avant-garde Web3 solutions and technologies that curate distinctive fan experiences for content creators. As a comprehensive solution, Forj pioneers fan engagement by leveraging NFTs, metaverse protocols, and blockchain innovations to bring enthusiasts closer to their cherished creator brands in domains such as Music, Entertainment, Gaming, and beyond. The company’s impressive track record includes prestigious collaborations with notable figures, including the Grammy-nominated musician Lewis Capaldi. Forj’s portfolio encompasses the official ApeCoin launchpad, the $APE Accelerator, and the metaverse infrastructure endeavor known as Metaprints. About Animoca Brands Animoca Brands, an esteemed Deloitte Tech Fast awardee, a member of the Fortune Crypto 40, and a distinguished participant in the Financial Times’ High Growth Companies Asia-Pacific 2023 list, is a pioneering force in the Web3 domain. The organization harnesses blockchain technology to confer digital property rights to consumers worldwide, contributing to the establishment of an open metaverse. The company boasts a diverse product portfolio, featuring original games like The Sandbox, PHANTOM GALAXIESℱ, Life Beyond, and Crazy Defense Heroes. Moreover, Animoca Brands develops products that leverage the popularity of intellectual properties in sports and entertainment, with titles related to The Walking Dead, Power Rangers, MotoGPℱ, and Formula E. With numerous subsidiaries, Animoca Brands plays a pivotal role in the Web3 sector, making over 400 direct and indirect investments in Web3 initiatives through Animoca Ventures. These include notable investments in ventures such as Yuga Labs, Axie Infinity, Polygon, Consensys, Fireblocks, OpenSea, Dapper Labs, Yield Guild Games, Alien Worlds, and many others. To gain further insights, please visit www.animocabrands.com or follow the company on Twitter and Facebook.

Animoca Brands’ Subsidiary Forj Unveils ApeCoin ($APE) Accelerator

Forj, a subsidiary of Animoca Brands, has initiated the official launch of the ApeCoin Accelerator ($APE ), marking a significant milestone for the ApeCoin ecosystem. This cutting-edge accelerator, supported by the ApeCoin DAO, aims to invigorate the Web3 community.
On the 17th of October, 2023, Forj, a prominent Web3 technology endeavor under the Animoca Brands umbrella, unveiled the ApeCoin Accelerator, a community-driven Web3 accelerator that derives its funding from the ApeCoin DAO. This launch signals the opening of applications to the ApeCoin Accelerator program, presenting aspiring entrepreneurs with the opportunity to introduce their innovative Web3 ventures to an extensive ApeCoin community boasting over 200,000 members, commencing in Q4 of 2023.

The inception of the ApeCoin Accelerator follows the successful ratification of AIP-209, a proposal originating from the ApeCoin DAO’s Idea Proposal (AIP) system. Tailored to fortify the ApeCoin ecosystem and amplify its utility for ApeCoin stakeholders, this accelerator is designed to endorse and inaugurate projects striving to augment the value proposition for ApeCoin holders.
Ape token holders will enjoy the privilege of supporting approved ApeCoin projects via the Ape Launchpad ($APE Launchpad), permitting the acquisition of NFTs and alternative tokens. Additionally, they will be empowered to exercise their voting rights to determine the acceptance of project proposals.
Harry Liu, the Chief Executive Officer of Forj, expressed his enthusiasm for this momentous launch, stating, “Today signifies the onset of a transformative era in innovation for the ApeCoin community. The ApeCoin Accelerator extends a warm invitation to any visionary entrepreneur with a compelling Web3 initiative to submit their applications now, joining us on our quest to enrich the ApeCoin ecosystem.”Yat Siu, the co-founder and executive chairman of Animoca Brands, reflected on the significance of community-driven endeavors like the ApeCoin Accelerator. He emphasized that APE token holders play a pivotal role in steering innovation within the ecosystem they belong to. Furthermore, he underscored the ApeCoin Accelerator’s potential to map out the future landscape of online ecosystem expansion, with eager anticipation for the emergence of remarkable new projects within the program.
Entrepreneurs interested in applying for the ApeCoin Accelerator program are encouraged to visit the official ApeCoin Accelerator website and complete the dedicated application form.
About Forj
Forj, a subsidiary of Animoca Brands, is dedicated to delivering avant-garde Web3 solutions and technologies that curate distinctive fan experiences for content creators. As a comprehensive solution, Forj pioneers fan engagement by leveraging NFTs, metaverse protocols, and blockchain innovations to bring enthusiasts closer to their cherished creator brands in domains such as Music, Entertainment, Gaming, and beyond. The company’s impressive track record includes prestigious collaborations with notable figures, including the Grammy-nominated musician Lewis Capaldi.
Forj’s portfolio encompasses the official ApeCoin launchpad, the $APE Accelerator, and the metaverse infrastructure endeavor known as Metaprints.
About Animoca Brands
Animoca Brands, an esteemed Deloitte Tech Fast awardee, a member of the Fortune Crypto 40, and a distinguished participant in the Financial Times’ High Growth Companies Asia-Pacific 2023 list, is a pioneering force in the Web3 domain. The organization harnesses blockchain technology to confer digital property rights to consumers worldwide, contributing to the establishment of an open metaverse.
The company boasts a diverse product portfolio, featuring original games like The Sandbox, PHANTOM GALAXIESℱ, Life Beyond, and Crazy Defense Heroes. Moreover, Animoca Brands develops products that leverage the popularity of intellectual properties in sports and entertainment, with titles related to The Walking Dead, Power Rangers, MotoGPℱ, and Formula E.
With numerous subsidiaries, Animoca Brands plays a pivotal role in the Web3 sector, making over 400 direct and indirect investments in Web3 initiatives through Animoca Ventures. These include notable investments in ventures such as Yuga Labs, Axie Infinity, Polygon, Consensys, Fireblocks, OpenSea, Dapper Labs, Yield Guild Games, Alien Worlds, and many others.
To gain further insights, please visit www.animocabrands.com or follow the company on Twitter and Facebook.
Shiba Inu Ecosystem Partners with Fast Food Store WellyFriendsShiba Inu is a name that’s been making waves in the blockchain world. This intriguing ecosystem has been on a journey of growth, development, and innovation, and it recently made a significant move that’s capturing hearts worldwide. In a delightful twist of fate, Shiba Inu has teamed up with a beloved Italian fast food store, WellyFriends, to create something truly unique – a Shiba Inu-themed restaurant. The Shiba Inu Ecosystem Unleashed Shiba Inu, commonly known as SHIB, has proven its mettle in the blockchain realm. This ecosystem has evolved into a network with a myriad of utilities, consistently staying ahead with timely updates and successful business ventures. But let’s dive deeper into this exciting partnership. The Secret’s Out The news of this collaboration was shared with the world through the social network “X.” “WellyFriends,” a trusted partner of SHIB, has decided to unveil a long-anticipated Shiba Inu-themed restaurant, and the excitement is palpable. From Naples to the World “WellyFriends” first opened its doors in Naples, Italy, back in October 2021. Since then, it has embraced the essence of the Blockchain SHIB culture in its branches. The restaurant offers a delectable menu that includes everyone’s favorites – fries and cold drinks, meaty burgers, and even vegan options. NFTs, Anyone? What’s even more fascinating is that this fast food establishment ventured into the world of NFTs. With SHIB’s support, “WellyFriends” introduced its own NFT collections last year. This move is more than just a business decision; it’s a testament to the team’s passion for cryptocurrencies and decentralization. “We’re not just here to sell NFTs and grow our stores. We want the community to reap rewards too,” “WellyFriend” expressed on their Medium blog. The Unveiling Date One question that lingers on everyone’s mind is the reopening date of this Shiba Inu-themed haven. Unfortunately, “WellyFriends” has kept this detail under wraps. But the buzz in the cryptocurrency community suggests that it might happen this week, with speculations centering around October 19 and 20. Embracing a Decentralized Future “WellyFriends” is keen on being part of the decentralized future, and their partnership with SHIB is a testament to that commitment. SHIB is known for driving quality technologies, including “SHIB: The Metaverse” and “Shibarium,” a Layer 2 Blockchain that offers scalability, security, and innovation for a decentralized world – the perfect foundation for companies like “WellyFriends.”Stefano Guglielmini, a member of the “WellyFriends” development team, shared his perspective: “We live in an era where Web3 is not just a technology but a philosophy that is reshaping the way we collaborate and create. At “Wellys,” we see thousands of people from all over the world joining us every day with the same passion and a common goal, proving that the future belongs to decentralized collaboration.” A Bright Future Ahead The marketing team at “PB5,” responsible for “Wellys,” expressed their enthusiasm for this fast food venture and dubbed it “the first of many.” Shiba Inu’s Price Journey While other cryptocurrencies have experienced significant price surges, Shiba Inu has shown small daily rallies. According to CoinMarketCap, SHIB is currently trading at $0.000007103, with a weekly increase of 2.76%. It’s worth noting that SHIB holds the 19th position among the 8,895 active cryptocurrencies listed on CoinMarketCap. Expanding Worldwide To cap it all off, the SHIB team has disclosed their plans to expand “WellyFriends” globally. As they do so, they will customize the menu to cater to the unique tastes of each host country. However, the timeline for this global expansion is still a bit hazy. The partnership between Shiba Inu and “WellyFriends” is a shining example of how innovation and cryptocurrency are transforming traditional industries. As the world takes a bite of Shiba Inu-themed fast food, we’re witnessing a revolution – one where technology and collaboration are paving the way for an exciting future. Don’t miss out on this groundbreaking partnership! Keep an eye out for the grand reopening, and who knows, maybe you’ll be among the first to savor the delights of the Shiba Inu-themed restaurant.

Shiba Inu Ecosystem Partners with Fast Food Store WellyFriends

Shiba Inu is a name that’s been making waves in the blockchain world. This intriguing ecosystem has been on a journey of growth, development, and innovation, and it recently made a significant move that’s capturing hearts worldwide. In a delightful twist of fate, Shiba Inu has teamed up with a beloved Italian fast food store, WellyFriends, to create something truly unique – a Shiba Inu-themed restaurant.
The Shiba Inu Ecosystem Unleashed
Shiba Inu, commonly known as SHIB, has proven its mettle in the blockchain realm. This ecosystem has evolved into a network with a myriad of utilities, consistently staying ahead with timely updates and successful business ventures. But let’s dive deeper into this exciting partnership.

The Secret’s Out
The news of this collaboration was shared with the world through the social network “X.” “WellyFriends,” a trusted partner of SHIB, has decided to unveil a long-anticipated Shiba Inu-themed restaurant, and the excitement is palpable.

From Naples to the World
“WellyFriends” first opened its doors in Naples, Italy, back in October 2021. Since then, it has embraced the essence of the Blockchain SHIB culture in its branches. The restaurant offers a delectable menu that includes everyone’s favorites – fries and cold drinks, meaty burgers, and even vegan options.
NFTs, Anyone?
What’s even more fascinating is that this fast food establishment ventured into the world of NFTs. With SHIB’s support, “WellyFriends” introduced its own NFT collections last year. This move is more than just a business decision; it’s a testament to the team’s passion for cryptocurrencies and decentralization.
“We’re not just here to sell NFTs and grow our stores. We want the community to reap rewards too,” “WellyFriend” expressed on their Medium blog.
The Unveiling Date
One question that lingers on everyone’s mind is the reopening date of this Shiba Inu-themed haven. Unfortunately, “WellyFriends” has kept this detail under wraps. But the buzz in the cryptocurrency community suggests that it might happen this week, with speculations centering around October 19 and 20.
Embracing a Decentralized Future
“WellyFriends” is keen on being part of the decentralized future, and their partnership with SHIB is a testament to that commitment. SHIB is known for driving quality technologies, including “SHIB: The Metaverse” and “Shibarium,” a Layer 2 Blockchain that offers scalability, security, and innovation for a decentralized world – the perfect foundation for companies like “WellyFriends.”Stefano Guglielmini, a member of the “WellyFriends” development team, shared his perspective: “We live in an era where Web3 is not just a technology but a philosophy that is reshaping the way we collaborate and create. At “Wellys,” we see thousands of people from all over the world joining us every day with the same passion and a common goal, proving that the future belongs to decentralized collaboration.”
A Bright Future Ahead
The marketing team at “PB5,” responsible for “Wellys,” expressed their enthusiasm for this fast food venture and dubbed it “the first of many.”
Shiba Inu’s Price Journey
While other cryptocurrencies have experienced significant price surges, Shiba Inu has shown small daily rallies. According to CoinMarketCap, SHIB is currently trading at $0.000007103, with a weekly increase of 2.76%. It’s worth noting that SHIB holds the 19th position among the 8,895 active cryptocurrencies listed on CoinMarketCap.
Expanding Worldwide
To cap it all off, the SHIB team has disclosed their plans to expand “WellyFriends” globally. As they do so, they will customize the menu to cater to the unique tastes of each host country. However, the timeline for this global expansion is still a bit hazy.
The partnership between Shiba Inu and “WellyFriends” is a shining example of how innovation and cryptocurrency are transforming traditional industries. As the world takes a bite of Shiba Inu-themed fast food, we’re witnessing a revolution – one where technology and collaboration are paving the way for an exciting future.
Don’t miss out on this groundbreaking partnership! Keep an eye out for the grand reopening, and who knows, maybe you’ll be among the first to savor the delights of the Shiba Inu-themed restaurant.
Bitcoin Amsterdam 2023 HighlightsIn the heart of Europe, between October 12 and 13, 2023, something extraordinary happened. The 2023 edition of Bitcoin Amsterdam, one of the most significant cryptocurrency events on the continent, came to life. It was a symphony of innovation, inspiration, and a sense of community that transcended borders. A Gathering of Minds This year, Bitcoin Amsterdam 2023 didn’t just meet expectations; it exceeded them. The event attracted over 10,000 passionate participants from around the world. These were not just attendees; they were visionaries, enthusiasts, and pioneers of the digital age. The Voices of Change The speakers at this event were luminaries in the world of cryptocurrency. They were voices that carry weight, influencing the industry in profound ways. The event earned its reputation as the most crucial gathering in Europe, where ideas transformed into action. Building the Future The heart of this year’s event revolved around building from within and moving toward global bitcoinization. It wasn’t just about discussing the potential of cryptocurrency; it was about turning these possibilities into realities. Major Highlights Cryptocurrency Goes Mainstream: A significant focal point was the adoption of Bitcoin by major financial institutions. It’s a sign that digital currencies are no longer on the fringes but are being embraced by the mainstream.Infrastructures for the Future: The creation of internal infrastructures for the cryptocurrency sector was another crucial topic. To reach new heights, we must lay strong foundations.A Bridge to Traditional Finance: Discussing integration with traditional finance was pivotal. It’s the way to ensure that digital currencies become a part of our everyday financial lives.Regulation Conundrum: The regulation of virtual currencies was an unavoidable topic. It’s a divisive issue, but many see it as the key to global acceptance. The Innovation Dilemma One of the most intriguing discussions was around how regulatory measures might impact innovation. Could too much control stifle progress, or is it the necessary path toward mass adoption? Star-Studded Speakers The 2023 edition of Bitcoin Amsterdam boasted an impressive lineup of speakers. Stella Assange, the wife of Julian Assange, the journalist imprisoned for exposing US war crimes, took the stage. Her presence underlined the event’s commitment to truth and transparency. Edward Snowden, the renowned US whistleblower and Bitcoin advocate, also graced the event with his insights. These individuals are more than speakers; they are beacons of hope for those who believe in the transformative power of cryptocurrency. Visionaries of the Future Among the speakers, Sebastiaan van Erne, founder of Bitcoin Magazine, and Adam Back, co-founder of HashCash and Blockstream, brought their unique perspectives to the forefront. These are the minds that are driving the innovation that’s shaping our financial future. The organizers hailed this edition as a grand success. They’re already looking forward to the 2024 edition, anticipating it to be even more remarkable. Conclusion Bitcoin Amsterdam 2023 was not just an event; it was a revelation. It demonstrated that the world is rapidly evolving, and cryptocurrency is at the forefront of this change. It’s not just about money; it’s about revolutionizing the way we think about finance and freedom. So, if you missed out this time, make sure to mark your calendar for the next edition. The world of cryptocurrency is moving faster than ever, and Bitcoin Amsterdam is where you’ll find the pulse of this exciting journey.

Bitcoin Amsterdam 2023 Highlights

In the heart of Europe, between October 12 and 13, 2023, something extraordinary happened. The 2023 edition of Bitcoin Amsterdam, one of the most significant cryptocurrency events on the continent, came to life. It was a symphony of innovation, inspiration, and a sense of community that transcended borders.
A Gathering of Minds
This year, Bitcoin Amsterdam 2023 didn’t just meet expectations; it exceeded them. The event attracted over 10,000 passionate participants from around the world. These were not just attendees; they were visionaries, enthusiasts, and pioneers of the digital age.
The Voices of Change
The speakers at this event were luminaries in the world of cryptocurrency. They were voices that carry weight, influencing the industry in profound ways. The event earned its reputation as the most crucial gathering in Europe, where ideas transformed into action.
Building the Future
The heart of this year’s event revolved around building from within and moving toward global bitcoinization. It wasn’t just about discussing the potential of cryptocurrency; it was about turning these possibilities into realities.
Major Highlights
Cryptocurrency Goes Mainstream: A significant focal point was the adoption of Bitcoin by major financial institutions. It’s a sign that digital currencies are no longer on the fringes but are being embraced by the mainstream.Infrastructures for the Future: The creation of internal infrastructures for the cryptocurrency sector was another crucial topic. To reach new heights, we must lay strong foundations.A Bridge to Traditional Finance: Discussing integration with traditional finance was pivotal. It’s the way to ensure that digital currencies become a part of our everyday financial lives.Regulation Conundrum: The regulation of virtual currencies was an unavoidable topic. It’s a divisive issue, but many see it as the key to global acceptance.
The Innovation Dilemma
One of the most intriguing discussions was around how regulatory measures might impact innovation. Could too much control stifle progress, or is it the necessary path toward mass adoption?
Star-Studded Speakers
The 2023 edition of Bitcoin Amsterdam boasted an impressive lineup of speakers. Stella Assange, the wife of Julian Assange, the journalist imprisoned for exposing US war crimes, took the stage. Her presence underlined the event’s commitment to truth and transparency.
Edward Snowden, the renowned US whistleblower and Bitcoin advocate, also graced the event with his insights. These individuals are more than speakers; they are beacons of hope for those who believe in the transformative power of cryptocurrency.
Visionaries of the Future
Among the speakers, Sebastiaan van Erne, founder of Bitcoin Magazine, and Adam Back, co-founder of HashCash and Blockstream, brought their unique perspectives to the forefront. These are the minds that are driving the innovation that’s shaping our financial future.
The organizers hailed this edition as a grand success. They’re already looking forward to the 2024 edition, anticipating it to be even more remarkable.
Conclusion
Bitcoin Amsterdam 2023 was not just an event; it was a revelation. It demonstrated that the world is rapidly evolving, and cryptocurrency is at the forefront of this change. It’s not just about money; it’s about revolutionizing the way we think about finance and freedom.
So, if you missed out this time, make sure to mark your calendar for the next edition. The world of cryptocurrency is moving faster than ever, and Bitcoin Amsterdam is where you’ll find the pulse of this exciting journey.
Bitcoin Amsterdam 2023 Highlights In the heart of Europe, between October 12 and 13, 2023, something extraordinary happened. The 2023 edition of Bitcoin Amsterdam, one of the most significant cryptocurrency events on the continent, came to life. It was a symphony of innovation, inspiration, and a sense of community that transcended borders. https://www.geekmetaverse.com/bitcoin-amsterdam-2023-highlights/ #Bitcoin #BitcoinETF #BitcoinAmsterdam #BitcoinAmsterdam2023 #BTC #crypto #cryptonews #cryptocurrency #cryptocurrencynews #bitcoinnews #web3 #Amsterdam
Bitcoin Amsterdam 2023 Highlights
In the heart of Europe, between October 12 and 13, 2023, something extraordinary happened. The 2023 edition of Bitcoin Amsterdam, one of the most significant cryptocurrency events on the continent, came to life. It was a symphony of innovation, inspiration, and a sense of community that transcended borders.
https://www.geekmetaverse.com/bitcoin-amsterdam-2023-highlights/

#Bitcoin #BitcoinETF #BitcoinAmsterdam #BitcoinAmsterdam2023 #BTC #crypto #cryptonews #cryptocurrency #cryptocurrencynews #bitcoinnews #web3 #Amsterdam
How AI is Revolutionizing Bitcoin MiningIn current years, the fantastic upward push of Bitcoin and other cryptocurrencies has captured the arena’s attention. Central to the functioning of cryptocurrencies is the idea of “mining,” in which miners use powerful computer systems to resolve complex mathematical problems and validate transactions. However, as the mining manner will become more and more competitive and aid-in depth, the application of Artificial Intelligence (AI) has emerged as a game-changer. In this newsletter, we will explore how AI is revolutionizing Bitcoin mining and shaping the future of this transformative generation. What is Bitcoin Mining? Bitcoin mining is the method thru which new Bitcoins are created and transactions are confirmed and added to the general public ledger called the blockchain. Miners compete to solve cryptographic puzzles, and the first one to succeed is rewarded with a sure number of Bitcoins. This system no longer simplest guarantees the safety and integrity of the blockchain however also incentivizes miners to take part inside the community. Traditional Approaches to Bitcoin Mining In the early days of Bitcoin, mining could be executed using ordinary CPUs and GPUs. However, as the network grew, the mining difficulty increased, necessitating specialized hardware referred to as Application-Specific Integrated Circuits (ASICs). While ASICs supplied a sizeable performance increase, additionally they caused issues approximately centralization and excessive energy intake. The Role of AI in Enhancing Efficiency AI has emerged as a effective device to optimize numerous elements of Bitcoin mining. One of the important thing applications is in optimizing the choice of mining pools. AI algorithms can analyze real-time records on mining pool overall performance, permitting miners to make informed selections and maximize their mining rewards. AI-Powered Mining Hardware AI has also led to large improvements in mining hardware. Newer generations of ASICs are incorporating AI chips which can adapt to converting mining conditions and dynamically adjust strength intake. This not simplest improves efficiency but additionally contributes to the overall sustainability of the mining procedure. Smart Prediction and Optimization Techniques AI is revolutionizing Bitcoin mining via using state-of-the-art prediction algorithms to count on changes in mining trouble and Bitcoin costs. By as it should be predicting these elements, miners can optimize their techniques and increase their profitability. Energy Efficiency and Sustainability One of the most urgent concerns in Bitcoin mining is its electricity consumption. AI is being utilized to expand more power-green mining protocols and algorithms, lowering the carbon footprint of mining operations. Addressing Security Concerns with AI Blockchain networks are liable to various protection threats, inclusive of fifty one% attacks. AI-powered algorithms can detect and prevent such attacks in real-time, making sure the network’s protection and integrity. Impact on Mining Difficulty and Rewards The integration of AI in mining has impacted the general mining problem. As mining becomes more green and aggressive, the problem adjusts therefore, ensuring a stable and predictable issuance of recent Bitcoins. The Future of Bitcoin Mining with AI The future of Bitcoin mining looks promising with AI at the forefront. Advancements in AI technologies, including machine mastering and deep getting to know, are probably to make mining greater available to man or woman miners and promote decentralization. Potential Risks and Challenges While AI brings numerous benefits to Bitcoin mining, it additionally comes with risks. The centralization of AI-powered mining swimming pools may want to concentrate manage within the fingers of some, doubtlessly undermining the decentralized nature of cryptocurrencies. Regulation and Ethical Considerations The integration of AI in Bitcoin mining raises questions about law and moral use of this era. Policymakers and enterprise stakeholders want to collaborate to increase frameworks that make certain honest opposition and protect the interests of all individuals. Conclusion The creation of AI has revolutionized Bitcoin mining, making it more green, sustainable, and secure. AI-powered mining hardware, clever prediction strategies, and electricity optimization are transforming the mining panorama. However, stakeholders need to additionally address potential dangers and moral issues to maintain the decentralized essence of cryptocurrencies. FAQs How does AI impact Bitcoin mining’s power consumption? AI enables increase greater electricity-green mining protocols, decreasing the environmental effect of mining operations. Can individual miners benefit from AI-powered mining? Yes, improvements in AI technology are in all likelihood to make mining extra on hand to character miners. How does AI save you protection threats in Bitcoin mining? AI-powered algorithms can discover and save you protection threats, along with fifty one% attacks, in actual-time. What is the function of AI in optimizing mining pool selection? AI algorithms examine real-time facts on mining pool overall performance to assist miners maximize their rewards. How does AI are expecting changes in mining trouble and Bitcoin costs? AI makes use of state-of-the-art prediction algorithms to count on changes, permitting miners to optimize their strategies. Disclaimer: The information provided in this article is intended for informational purposes only. The content is based on research and analysis available up to the date of publication. As the cryptocurrency and technology landscape is constantly evolving, the accuracy, completeness, and relevance of the information may change over time.

How AI is Revolutionizing Bitcoin Mining

In current years, the fantastic upward push of Bitcoin and other cryptocurrencies has captured the arena’s attention. Central to the functioning of cryptocurrencies is the idea of “mining,” in which miners use powerful computer systems to resolve complex mathematical problems and validate transactions. However, as the mining manner will become more and more competitive and aid-in depth, the application of Artificial Intelligence (AI) has emerged as a game-changer. In this newsletter, we will explore how AI is revolutionizing Bitcoin mining and shaping the future of this transformative generation. What is Bitcoin Mining? Bitcoin mining is the method thru which new Bitcoins are created and transactions are confirmed and added to the general public ledger called the blockchain. Miners compete to solve cryptographic puzzles, and the first one to succeed is rewarded with a sure number of Bitcoins. This system no longer simplest guarantees the safety and integrity of the blockchain however also incentivizes miners to take part inside the community. Traditional Approaches to Bitcoin Mining In the early days of Bitcoin, mining could be executed using ordinary CPUs and GPUs. However, as the network grew, the mining difficulty increased, necessitating specialized hardware referred to as Application-Specific Integrated Circuits (ASICs). While ASICs supplied a sizeable performance increase, additionally they caused issues approximately centralization and excessive energy intake. The Role of AI in Enhancing Efficiency AI has emerged as a effective device to optimize numerous elements of Bitcoin mining. One of the important thing applications is in optimizing the choice of mining pools. AI algorithms can analyze real-time records on mining pool overall performance, permitting miners to make informed selections and maximize their mining rewards. AI-Powered Mining Hardware AI has also led to large improvements in mining hardware. Newer generations of ASICs are incorporating AI chips which can adapt to converting mining conditions and dynamically adjust strength intake. This not simplest improves efficiency but additionally contributes to the overall sustainability of the mining procedure. Smart Prediction and Optimization Techniques AI is revolutionizing Bitcoin mining via using state-of-the-art prediction algorithms to count on changes in mining trouble and Bitcoin costs. By as it should be predicting these elements, miners can optimize their techniques and increase their profitability. Energy Efficiency and Sustainability One of the most urgent concerns in Bitcoin mining is its electricity consumption. AI is being utilized to expand more power-green mining protocols and algorithms, lowering the carbon footprint of mining operations. Addressing Security Concerns with AI Blockchain networks are liable to various protection threats, inclusive of fifty one% attacks. AI-powered algorithms can detect and prevent such attacks in real-time, making sure the network’s protection and integrity. Impact on Mining Difficulty and Rewards The integration of AI in mining has impacted the general mining problem. As mining becomes more green and aggressive, the problem adjusts therefore, ensuring a stable and predictable issuance of recent Bitcoins. The Future of Bitcoin Mining with AI The future of Bitcoin mining looks promising with AI at the forefront. Advancements in AI technologies, including machine mastering and deep getting to know, are probably to make mining greater available to man or woman miners and promote decentralization. Potential Risks and Challenges While AI brings numerous benefits to Bitcoin mining, it additionally comes with risks. The centralization of AI-powered mining swimming pools may want to concentrate manage within the fingers of some, doubtlessly undermining the decentralized nature of cryptocurrencies. Regulation and Ethical Considerations The integration of AI in Bitcoin mining raises questions about law and moral use of this era. Policymakers and enterprise stakeholders want to collaborate to increase frameworks that make certain honest opposition and protect the interests of all individuals. Conclusion The creation of AI has revolutionized Bitcoin mining, making it more green, sustainable, and secure. AI-powered mining hardware, clever prediction strategies, and electricity optimization are transforming the mining panorama. However, stakeholders need to additionally address potential dangers and moral issues to maintain the decentralized essence of cryptocurrencies. FAQs How does AI impact Bitcoin mining’s power consumption? AI enables increase greater electricity-green mining protocols, decreasing the environmental effect of mining operations. Can individual miners benefit from AI-powered mining? Yes, improvements in AI technology are in all likelihood to make mining extra on hand to character miners. How does AI save you protection threats in Bitcoin mining? AI-powered algorithms can discover and save you protection threats, along with fifty one% attacks, in actual-time. What is the function of AI in optimizing mining pool selection? AI algorithms examine real-time facts on mining pool overall performance to assist miners maximize their rewards. How does AI are expecting changes in mining trouble and Bitcoin costs? AI makes use of state-of-the-art prediction algorithms to count on changes, permitting miners to optimize their strategies. Disclaimer: The information provided in this article is intended for informational purposes only. The content is based on research and analysis available up to the date of publication. As the cryptocurrency and technology landscape is constantly evolving, the accuracy, completeness, and relevance of the information may change over time.
Bitcoin: What will September be like for the BTC price? Analyst Ran Neuner predicts that the Bitcoin price will fall to a low of $20,000 this September due to the cryptocurrency's historically bearish trend this month. Neuner also mentions that low volatility in the cryptocurrency market has contributed to the prolonged bear market. He adds that the bulls are showing weakness and the bearish are quickly gaining momentum, which could lead to Bitcoin's price dropping to a low of $20,899 this month. The slowdown in cryptocurrency prices has led investors to hold on to their money and grow weary of the low movements in digital currencies. The Bitcoin market has been struggling in a bear market where billions of dollars have been lost due to price pullbacks after sudden rallies, such as the one that occurred after the victory of Grayscale's Bitcoin exchange-traded fund (ETF) in the case against the U.S. Securities and Exchange Commission (SEC). Neuner also mentions that the regulatory crackdown in the U.S. against crypto institutions and the SEC's reluctance to approve a Bitcoin ETF have affected the performance of the cryptocurrency market. According to the analyst, he expects the regulator to continue to reject the ETF until the March 2024 deadline. Despite this, the cryptocurrency community expects a market revival from April 2023, when Bitcoin is expected to halve its mining reward. Historically, this event has triggered a bullish rally in the Bitcoin price. In short, the Bitcoin price could fall to a low of $20,000 this September due to the cryptocurrency's historically bearish trend this month. Low volatility in the cryptocurrency market and bullish weakness also contribute to this prediction. Regulatory crackdown in the U.S. and the SEC's reluctance to approve a Bitcoin ETF have affected market performance. However, the market is expected to revive from April 2023 with the halving of the Bitcoin mining bounty.
Bitcoin: What will September be like for the BTC price?

Analyst Ran Neuner predicts that the Bitcoin price will fall to a low of $20,000 this September due to the cryptocurrency's historically bearish trend this month. Neuner also mentions that low volatility in the cryptocurrency market has contributed to the prolonged bear market. He adds that the bulls are showing weakness and the bearish are quickly gaining momentum, which could lead to Bitcoin's price dropping to a low of $20,899 this month.

The slowdown in cryptocurrency prices has led investors to hold on to their money and grow weary of the low movements in digital currencies. The Bitcoin market has been struggling in a bear market where billions of dollars have been lost due to price pullbacks after sudden rallies, such as the one that occurred after the victory of Grayscale's Bitcoin exchange-traded fund (ETF) in the case against the U.S. Securities and Exchange Commission (SEC).

Neuner also mentions that the regulatory crackdown in the U.S. against crypto institutions and the SEC's reluctance to approve a Bitcoin ETF have affected the performance of the cryptocurrency market. According to the analyst, he expects the regulator to continue to reject the ETF until the March 2024 deadline.

Despite this, the cryptocurrency community expects a market revival from April 2023, when Bitcoin is expected to halve its mining reward. Historically, this event has triggered a bullish rally in the Bitcoin price.

In short, the Bitcoin price could fall to a low of $20,000 this September due to the cryptocurrency's historically bearish trend this month. Low volatility in the cryptocurrency market and bullish weakness also contribute to this prediction. Regulatory crackdown in the U.S. and the SEC's reluctance to approve a Bitcoin ETF have affected market performance. However, the market is expected to revive from April 2023 with the halving of the Bitcoin mining bounty.
The Impact of Bitcoin on the Real Estate Market Before delving into Bitcoin’s influence on the real estate market, it is crucial to grasp the fundamentals of this cryptocurrency. Bitcoin operates on a decentralized network called blockchain, enabling secure peer-to-peer transactions without the need for intermediaries such as banks. https://www.geekmetaverse.com/the-impact-of-bitcoin-on-the-real-estate-market/
The Impact of Bitcoin on the Real Estate Market

Before delving into Bitcoin’s influence on the real estate market, it is crucial to grasp the fundamentals of this cryptocurrency. Bitcoin operates on a decentralized network called blockchain, enabling secure peer-to-peer transactions without the need for intermediaries such as banks.

https://www.geekmetaverse.com/the-impact-of-bitcoin-on-the-real-estate-market/
Opera launches Alteon LaunchPad: Create and Mint NFT with ease https://www.geekmetaverse.com/opera-launches-alteon-launchpad-create-and-mint-nft-with-ease/ #opera #crypto #nft
Opera launches Alteon LaunchPad: Create and Mint NFT with ease

https://www.geekmetaverse.com/opera-launches-alteon-launchpad-create-and-mint-nft-with-ease/

#opera #crypto #nft

Meet Block 3000: Blockchain Battle, One of Europe’s biggest-ever Crypto Events https://www.geekmetaverse.com/meet-block-3000-blockchain-battle-one-of-europes-biggest-ever-crypto-events/ #block3000 #blockchain #blockchainbattle #web3 #web3event
Meet Block 3000: Blockchain Battle, One of Europe’s biggest-ever Crypto Events

https://www.geekmetaverse.com/meet-block-3000-blockchain-battle-one-of-europes-biggest-ever-crypto-events/

#block3000 #blockchain #blockchainbattle #web3 #web3event
Walmart filed a Trademark Application for its Sam’s Club subsidiary to enter the Web3 World https://geekmetaverse.com/walmart-filed-a-trademark-application-for-its-sams-club-subsidiary-to-enter-the-web3-world/
 #web3 #Walmart #samsclub #web3community #nft
Walmart filed a Trademark Application for its Sam’s Club subsidiary to enter the Web3 World

https://geekmetaverse.com/walmart-filed-a-trademark-application-for-its-sams-club-subsidiary-to-enter-the-web3-world/
 #web3 #Walmart #samsclub #web3community #nft
London to be next stop for International Blockchain Economy SummitAs the most prodigious and largest Blockchain and Crypto conference hub, Blockchain Economy Summit just successfully completed its most global Blockchain event ever in Dubai, United Arab Emirates on October 4-5, 2022 with over 3000 deeply satisfied attendees from 74 countries around the world. Blockchain Economy Dubai Summit hosted dozens of sponsors such as GARI, Chingari, NAGAX, Codego, Point Network, Gton Capital, and many more in this amazing 5th Edition of Blockchain Economy Summit. The main stage of the conference welcomed many high-quality speakers who are experts in the blockchain and crypto industry such as Vas Modinos, Services Solution Lead at Microsoft and founder of Blockready, Ahmed Bin Sulayem, Executive Chairman and CEO of DMCC and guest of honor of the conference with his keynote address, Sumit Ghosh, CEO and founder of Chingari, Ivan Liljeqvist, founder of Moralis, Entrepreneur and Software Developer, Ramia Farrage, MC, Senior Producer and Presenter, Forbes, Benjamin Bilski, German Serial Tech Entrepreneur, Founder and CEO of NAGA, Forbes 30 Under 30, Alena Afanaseva, Co-Founder and CEO of BeInCrypto, Adrian ZduƄczyk, Chartered Market Technician, Founder of The Birb Nest and many more who shared their experience and expertise with an academic level speech. It would be incomplete without mentioning Titan the Robot, the Blockchain Economy Summit Ambassador, King of Robots, an impressive and imposing piece of technology who attracted the BE audience out of nowhere and made people cry with laughter with his hilarious antics at this Epic Round of the Blockchain Economy Summit in Dubai. The 6th Edition of the World’s Leading Blockchain and Cryptocurrency Event will be held on February 27-28, 2023 in London, UK. The much-anticipated event of the blockchain and crypto community is finally ready to welcome its enthusiasts to the center of the financial capital of the world. Those who are excited about the future of the world of finance and fin-tech will be at the UK’s largest-ever blockchain event that will bring together leading crypto industry players and experts to redefine the future of finance. The CEO of the Blockchain Economy Summit, Servi Aman quotes, “London has already proven its economic and financial value. The attraction of crypto companies will increase substantially as the UK government works towards a blockchain-based economy. It’s a great opportunity to showcase the strengths of the crypto & blockchain platform.” As the future approaches, people around the world, from ordinary citizens to experts, have their eyes on the industry’s progress. The main topics of the upcoming Blockchain Economy London Summit seem to be use cases and mass adoption of blockchain, cryptocurrencies, blockchain gaming, regulation of virtual assets/cryptocurrencies worldwide and in London/UK, Bitcoin, Web 3, NFT, Metaverse, De-Fi, mining, investment and trading of cryptocurrencies, implementation of blockchain technology in business and government, and many more. The expected attendance for the 6th edition of the Blockchain Economy Summit will exceed 3,000 participants from more than 65 countries.

London to be next stop for International Blockchain Economy Summit

As the most prodigious and largest Blockchain and Crypto conference hub, Blockchain Economy Summit just successfully completed its most global Blockchain event ever in Dubai, United Arab Emirates on October 4-5, 2022 with over 3000 deeply satisfied attendees from 74 countries around the world.

Blockchain Economy Dubai Summit hosted dozens of sponsors such as GARI, Chingari, NAGAX, Codego, Point Network, Gton Capital, and many more in this amazing 5th Edition of Blockchain Economy Summit.

The main stage of the conference welcomed many high-quality speakers who are experts in the blockchain and crypto industry such as Vas Modinos, Services Solution Lead at Microsoft and founder of Blockready, Ahmed Bin Sulayem, Executive Chairman and CEO of DMCC and guest of honor of the conference with his keynote address, Sumit Ghosh, CEO and founder of Chingari, Ivan Liljeqvist, founder of Moralis, Entrepreneur and Software Developer, Ramia Farrage, MC, Senior Producer and Presenter, Forbes, Benjamin Bilski, German Serial Tech Entrepreneur, Founder and CEO of NAGA, Forbes 30 Under 30, Alena Afanaseva, Co-Founder and CEO of BeInCrypto, Adrian ZduƄczyk, Chartered Market Technician, Founder of The Birb Nest and many more who shared their experience and expertise with an academic level speech. It would be incomplete without mentioning Titan the Robot, the Blockchain Economy Summit Ambassador, King of Robots, an impressive and imposing piece of technology who attracted the BE audience out of nowhere and made people cry with laughter with his hilarious antics at this Epic Round of the Blockchain Economy Summit in Dubai.

The 6th Edition of the World’s Leading Blockchain and Cryptocurrency Event will be held on February 27-28, 2023 in London, UK. The much-anticipated event of the blockchain and crypto community is finally ready to welcome its enthusiasts to the center of the financial capital of the world.

Those who are excited about the future of the world of finance and fin-tech will be at the UK’s largest-ever blockchain event that will bring together leading crypto industry players and experts to redefine the future of finance.

The CEO of the Blockchain Economy Summit, Servi Aman quotes, “London has already proven its economic and financial value. The attraction of crypto companies will increase substantially as the UK government works towards a blockchain-based economy.

It’s a great opportunity to showcase the strengths of the crypto & blockchain platform.” As the future approaches, people around the world, from ordinary citizens to experts, have their eyes on the industry’s progress.

The main topics of the upcoming Blockchain Economy London Summit seem to be use cases and mass adoption of blockchain, cryptocurrencies, blockchain gaming, regulation of virtual assets/cryptocurrencies worldwide and in London/UK, Bitcoin, Web 3, NFT, Metaverse, De-Fi, mining, investment and trading of cryptocurrencies, implementation of blockchain technology in business and government, and many more.

The expected attendance for the 6th edition of the Blockchain Economy Summit will exceed 3,000 participants from more than 65 countries.

Top 9 most capitalized AI-linked CryptocurrenciesAlthough AI burst into our everyday lives some time ago, the recognition of ChatGPT, the chatbot evolved through OpenAI and wherein Microsoft has simply invested vast sums of cash, has put AI within the highlight. In the cryptocurrency industry, AI can contribute significantly to transaction transparency and privacy, as well as to the optimization of applications and protocols and decentralization. 1. The Graph (GRT) The Graph is an indexing protocol created by Yaniv Tal, project leader, to query data on the Ethereum blockchain and the interplanetary file system (IPFS). Among the advantages listed by this protocol is the ability to create and publish open APIs to facilitate data access. The Graph’s open APIs, called subgraphs, allows data to be transformed, organized and shared between Web applications3. In order to ensure that anyone can query data with just a few clicks, the following APIs are available According to data from cryptocurrency price monitoring platform CoinMarketCap, The Graph’s native token, GRT, rose more than 20% this week. GRT’s price reached $0.092 and maintains a market cap of $812.4 million. The Graph is the leading artificial intelligence-focused cryptocurrency project by market value. 2. Ocean Protocol (Ocean) Ocean Protocol is a blockchain project that facilitates the secure exchange and monetization of data. On its website, it is presented as a next-generation tool designed to unlock the value of data on a large scale. Ocean Protocol allows developers to build a wide range of protocols and applications, ranging from blockchain marketplaces to decentralized, NFT services and more. With a marketplace cap of $220 million, Ocean Protocol’s local token, OCEAN, is located as the 0.33 largest AI token. OCEAN is really worth $0.36 at the time of this writing, showing 225% 12 months-to-date growth. 3. iExec (RLC) iExec is a platform based on confidential computing where project developers can create new Web3 applications and operate with computing assets while preserving privacy. Its main goal is to connect resource providers with resource users, to make room for the construction and development of the next generation of the Internet: Web3. The RLC token, from iExec, is currently trading above $1.69 per unit. In the closing week, the charge of this token has seen a growth of just about 9%. By market capitalization, $136 million, RLC is the fifth largest AI token available on the market. 4. SingularityNET (AGIX) SingularityNET is a network of decentralized AI services powered by the Ethereum blockchain. This network is designed to allow anyone to monetize AI and Web3 services, thus functioning as a decentralized AI marketplace platform. Through this platform, its creators need to facilitate access to AI offerings, at same time as supplying developers with innovative equipment to create new programs or put into effect custom algorithms that upload to the blockchain atmosphere. The AGIX token, SingularityNET’s utility token is one of the highest-performing tokens so far in 2023. According to CoinMarketCap data, AGIX appreciated 400% in January from trading above $0.045 to over $0.18 today. AGIX’s market capitalization is $215 million. 5. Fetch.ai (FET) Fetch.ai is a blockchain network developed to provide dapps with automation and artificial intelligence capabilities that optimize their design and operation. The Fetch network went live in 2019 as an Initial Exchange Offering on the Binance blockchain. On its website, Fetch.ai notes that it functions as a layer 1 network for Ethereum, while for other blockchains it serves as an interchain bridge where developers can create new platforms and services focused on artificial intelligence. Year-to-date, the FET token, native to Fetch.ai, grew by nearly 300%, trading at the time of writing at $0.27 per unit. FET’s market capitalization is $222.5 million. 6. Numerai (NMR) Built on the Ethereum blockchain, Numerai is a stock market prediction platform in which developers can create models with the use of Python scripts. This blockchain platform powers the NMR token, presently the 7th biggest artificial intelligence token in the crypto marketplace. NMR trades at $16.Eight, a fee that locations it as the very best unit value AI token within the Top 10. However, its marketplace cap stands at $ninety nine million at the time of writing. The NMR token serves to praise builders who forecast upcoming marketplace movements with their predictive models. 7. Covalent (CQT) Covalent is a blockchain protocol that gives a unified API capable of supplying visibility into billions of Web3 record points. This protocol has the vision of empowering Web3 users and pioneers through a robust blockchain data infrastructure. Among the possibilities it offers are the creation of crypto wallets, NFT galleries, DeFi projects, GameFi, and the creation of custom DAps to suit every need. With a weekly growth of 16%, the price of CQT, Covalent’s native token, trades above $0.119 per unit. As the tenth token on this list, CQT’s market capitalization is $55 million. 8. Phala Network (PHA) Phala Network is considered the first confidential smart contract built on Polkadot using the Substrate framework. It is a blockchain protocol designed to enhance privacy on Web3. Phala Network offers a high level of performance, low latency, and data confidentiality. This protocol won one of the parachain auctions on the Polkadot network, being implemented as a cloud computing service that preserves privacy within this blockchain. The native token, PHA, trades at $0.15. Its weekly growth has been 22%, driven by its potential and development within the Polkadot ecosystem. Its market capitalization is $69.7 million, 9. dKargo (DKA) dKargo is a blockchain protocol centered on solving believe troubles in the logistics industry. This protocol operates at the Ethereum blockchain and makes use of artificial intelligence to offer an open and optimized logistics platform capable of improving the relationship and relationship among members. Thanks to blockchain technology, token economy, and Web3, dKargo can create a collaborative-based logistics network that was considered impossible in the existing logistics industry. Its utility token, DKA, is currently the eighth-largest AI token by market capitalization, with a total value of $93.4 million. DKA was trading at $0.039 at press time.

Top 9 most capitalized AI-linked Cryptocurrencies

Although AI burst into our everyday lives some time ago, the recognition of ChatGPT, the chatbot evolved through OpenAI and wherein Microsoft has simply invested vast sums of cash, has put AI within the highlight.

In the cryptocurrency industry, AI can contribute significantly to transaction transparency and privacy, as well as to the optimization of applications and protocols and decentralization.

1. The Graph (GRT)

The Graph is an indexing protocol created by Yaniv Tal, project leader, to query data on the Ethereum blockchain and the interplanetary file system (IPFS).

Among the advantages listed by this protocol is the ability to create and publish open APIs to facilitate data access.

The Graph’s open APIs, called subgraphs, allows data to be transformed, organized and shared between Web applications3. In order to ensure that anyone can query data with just a few clicks, the following APIs are available

According to data from cryptocurrency price monitoring platform CoinMarketCap, The Graph’s native token, GRT, rose more than 20% this week.

GRT’s price reached $0.092 and maintains a market cap of $812.4 million. The Graph is the leading artificial intelligence-focused cryptocurrency project by market value.

2. Ocean Protocol (Ocean)

Ocean Protocol is a blockchain project that facilitates the secure exchange and monetization of data. On its website, it is presented as a next-generation tool designed to unlock the value of data on a large scale.

Ocean Protocol allows developers to build a wide range of protocols and applications, ranging from blockchain marketplaces to decentralized, NFT services and more.

With a marketplace cap of $220 million, Ocean Protocol’s local token, OCEAN, is located as the 0.33 largest AI token. OCEAN is really worth $0.36 at the time of this writing, showing 225% 12 months-to-date growth.

3. iExec (RLC)

iExec is a platform based on confidential computing where project developers can create new Web3 applications and operate with computing assets while preserving privacy.

Its main goal is to connect resource providers with resource users, to make room for the construction and development of the next generation of the Internet: Web3.

The RLC token, from iExec, is currently trading above $1.69 per unit. In the closing week, the charge of this token has seen a growth of just about 9%. By market capitalization, $136 million, RLC is the fifth largest AI token available on the market.

4. SingularityNET (AGIX)

SingularityNET is a network of decentralized AI services powered by the Ethereum blockchain. This network is designed to allow anyone to monetize AI and Web3 services, thus functioning as a decentralized AI marketplace platform.

Through this platform, its creators need to facilitate access to AI offerings, at same time as supplying developers with innovative equipment to create new programs or put into effect custom algorithms that upload to the blockchain atmosphere.

The AGIX token, SingularityNET’s utility token is one of the highest-performing tokens so far in 2023. According to CoinMarketCap data, AGIX appreciated 400% in January from trading above $0.045 to over $0.18 today. AGIX’s market capitalization is $215 million.

5. Fetch.ai (FET)

Fetch.ai is a blockchain network developed to provide dapps with automation and artificial intelligence capabilities that optimize their design and operation.

The Fetch network went live in 2019 as an Initial Exchange Offering on the Binance blockchain. On its website, Fetch.ai notes that it functions as a layer 1 network for Ethereum, while for other blockchains it serves as an interchain bridge where developers can create new platforms and services focused on artificial intelligence.

Year-to-date, the FET token, native to Fetch.ai, grew by nearly 300%, trading at the time of writing at $0.27 per unit. FET’s market capitalization is $222.5 million.

6. Numerai (NMR)

Built on the Ethereum blockchain, Numerai is a stock market prediction platform in which developers can create models with the use of Python scripts.

This blockchain platform powers the NMR token, presently the 7th biggest artificial intelligence token in the crypto marketplace.

NMR trades at $16.Eight, a fee that locations it as the very best unit value AI token within the Top 10.

However, its marketplace cap stands at $ninety nine million at the time of writing.

The NMR token serves to praise builders who forecast upcoming marketplace movements with their predictive models.

7. Covalent (CQT)

Covalent is a blockchain protocol that gives a unified API capable of supplying visibility into billions of Web3 record points.

This protocol has the vision of empowering Web3 users and pioneers through a robust blockchain data infrastructure.

Among the possibilities it offers are the creation of crypto wallets, NFT galleries, DeFi projects, GameFi, and the creation of custom DAps to suit every need.

With a weekly growth of 16%, the price of CQT, Covalent’s native token, trades above $0.119 per unit. As the tenth token on this list, CQT’s market capitalization is $55 million.

8. Phala Network (PHA)

Phala Network is considered the first confidential smart contract built on Polkadot using the Substrate framework.

It is a blockchain protocol designed to enhance privacy on Web3.

Phala Network offers a high level of performance, low latency, and data confidentiality.

This protocol won one of the parachain auctions on the Polkadot network, being implemented as a cloud computing service that preserves privacy within this blockchain.

The native token, PHA, trades at $0.15. Its weekly growth has been 22%, driven by its potential and development within the Polkadot ecosystem. Its market capitalization is $69.7 million,

9. dKargo (DKA)

dKargo is a blockchain protocol centered on solving believe troubles in the logistics industry.

This protocol operates at the Ethereum blockchain and makes use of artificial intelligence to offer an open and optimized logistics platform capable of improving the relationship and relationship among members.

Thanks to blockchain technology, token economy, and Web3, dKargo can create a collaborative-based logistics network that was considered impossible in the existing logistics industry.

Its utility token, DKA, is currently the eighth-largest AI token by market capitalization, with a total value of $93.4 million. DKA was trading at $0.039 at press time.
Dogecoin (DOGE) heading to $0.10? This is what the indicators are sayingThe price of dogecoin (DOGE) recorded a new monthly high at $0.09 this January, amid an ongoing uptrend in the bitcoin (BTC) cryptocurrency market. According to CoinMarketCap data, DOGE rose 23% in the last 14 days, after raising its price from $0.07 to $0.09. The meme coin suffered a slight setback of 0.36% in 24 hours, to place its value at $0.088 at the time of writing. But will it be able to resume its upward path and break $0.1? The crypto analyst known as Rekt Capital shared a chart on Twitter showing that the token is struggling to break a pattern, which is often followed by a price spike. He stated that DOGE’s price is moving within the “Falling Wedge” pattern, testing the top of the indicator and striving to break out. The “Falling Wedge”, or falling wedge, is a bullish formation pattern on price charts, very useful for predicting a future rise in the value of an asset. However, data from CryptoQuant revealed that the token’s relative strength index was in an overbought position, further increasing the chances of a price drop in the coming days. The whales behind dogecoin’s rise Dogecoin was on the list of the top 10 most bought tokens among the top 100 BSC (Binance Smart Chain) whales in the last 24 hours, according to WhaleStats. The largest BSC Chain holders collectively moved more than 500 million DOGE tokens in 48 hours. The largest cryptocurrency meme whale also participated in this massive operation and gathered 165 million dogecoins. Shortly after, another whale moved 150 million DOGE tokens valued at more than $13 million. The move follows Robinhood trading platform Robinhood’s announcement of the listing of dogecoin on its Robinhood Wallet self-custody app. Robinhood’s wallet address, “DPDLBA,” is the largest holder of Dogecoin, with about 34.76 billion DOGE tokens, representing 25.21% of the total supply. The figure equates to $3.1 billion worth of dogecoin in this single wallet alone. The second largest owner barely has 7.08 billion coins, representing 5.14% of the supply. Artificial Intelligence predicts the price of dogecoin The Digital Coin Price machine learning algorithm predicted bullish estimates for dogecoin in January and February 2023. According to the AI, DOGE would place its price at $0.10 sometime this month and peak at $0.19 by February. However, the AI forecasts that its price could pull back after the rally and plummet toward $0.07 again in late February or March.

Dogecoin (DOGE) heading to $0.10? This is what the indicators are saying

The price of dogecoin (DOGE) recorded a new monthly high at $0.09 this January, amid an ongoing uptrend in the bitcoin (BTC) cryptocurrency market.

According to CoinMarketCap data, DOGE rose 23% in the last 14 days, after raising its price from $0.07 to $0.09. The meme coin suffered a slight setback of 0.36% in 24 hours, to place its value at $0.088 at the time of writing. But will it be able to resume its upward path and break $0.1?

The crypto analyst known as Rekt Capital shared a chart on Twitter showing that the token is struggling to break a pattern, which is often followed by a price spike.

He stated that DOGE’s price is moving within the “Falling Wedge” pattern, testing the top of the indicator and striving to break out.

The “Falling Wedge”, or falling wedge, is a bullish formation pattern on price charts, very useful for predicting a future rise in the value of an asset.

However, data from CryptoQuant revealed that the token’s relative strength index was in an overbought position, further increasing the chances of a price drop in the coming days.

The whales behind dogecoin’s rise

Dogecoin was on the list of the top 10 most bought tokens among the top 100 BSC (Binance Smart Chain) whales in the last 24 hours, according to WhaleStats.

The largest BSC Chain holders collectively moved more than 500 million DOGE tokens in 48 hours.

The largest cryptocurrency meme whale also participated in this massive operation and gathered 165 million dogecoins.

Shortly after, another whale moved 150 million DOGE tokens valued at more than $13 million.

The move follows Robinhood trading platform Robinhood’s announcement of the listing of dogecoin on its Robinhood Wallet self-custody app.

Robinhood’s wallet address, “DPDLBA,” is the largest holder of Dogecoin, with about 34.76 billion DOGE tokens, representing 25.21% of the total supply.

The figure equates to $3.1 billion worth of dogecoin in this single wallet alone. The second largest owner barely has 7.08 billion coins, representing 5.14% of the supply.

Artificial Intelligence predicts the price of dogecoin

The Digital Coin Price machine learning algorithm predicted bullish estimates for dogecoin in January and February 2023.

According to the AI, DOGE would place its price at $0.10 sometime this month and peak at $0.19 by February.

However, the AI forecasts that its price could pull back after the rally and plummet toward $0.07 again in late February or March.
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