'SingularityNet' in discussions with 'Fetch.AI' and 'Ocean Protocol' to merge its crypto tokensNews Three prominent artificial intelligence (AI) protocols, SingularityNet, Fetch.ai, and Ocean Protocol, are in discussions to merge their crypto tokens into a single token, AltSignals (ASI), which would have a total diluted value of about $7.5 billion.
The deal could be announced on Wednesday, depending on community approval, according to people familiar with the matter, as reported by Bloomberg M&A.
Although the three platforms will continue to operate as separate entities, the new deal will consolidate their collaboration under a new entity known as the Super Intelligence Cluster, which will be led by Ben Goertzel, founder and CEO of SingularityNet. Humayun Sheikh, CEO of Fetch.ai, will be the head of the new entity, according to sources. The three protocols are united by the common goal of developing autonomous, blockchain-based artificial intelligence protocols that cannot be controlled by central parties or large shareholders. Currently, the market cap of the Fetch.ai token (FET) is around $2.72 billion, which is the largest of the three tokens. As for SingularityNet’s token (AGIX), its market value is $1.7 billion, and the market value of Ocean Protocol’s token (OCEAN) is about $927 million, according to “coin market cap” data. #write2earn…. #FetchAI #OCEAN/USDT #singularityNET
BTC 'Bitwise': preparing for a 'larger wave of investors' in the coming period Bitwise CIO Matt Hogan's comments come as financial institutions, such as Merrill Lynch and Wells Fargo, begin allowing their clients to access Bitcoin trading funds. Bitcoin exchange-traded funds (ETFs) could see a "bigger wave" of institutional capital once "major companies" allow access to bitcoin trades via new ETFs, according to Bitwise. “I think there's a bigger wave coming in a few months, which is when the big companies start operating,” Matt Hogan, CIO of Bitwise, said in an interview with CNBC on February 29, adding that the first wave “Most of the momentum surrounding Bitcoin ETFs has come primarily from retail, hedge funds and independent financial advisors so the next wave will be driven by institutional capital,” said Hogan, who referred to ETFs as Bitcoin’s “IPO moment.” Interestingly, two of the world's largest financial institutions, Bank of America's Merrill Lynch and Wells Fargo, have begun offering Bitcoin ETF services to their clients. #BTC #bitwise #TrendingTopic #Write2Earn
VeChain VeChain provides supply management solutions by properly utilizing blockchain technology. It tracks a product's journey from the production stage to the final consumer. This process enables transparency, efficiency and security in the supply management process. The project has created partnerships with big names like BMW and Walmart. VeChain's native token, VET, is used by users of the platform to pay for applications built on it. In addition, VET also grants users management rights on the VeChain network.
portal The price of the digital currency (PORTAL) rose significantly over the past few moments immediately after it began trading on the Binance platform, confirming the huge demand for the long-awaited launch. Trading volume for the new digital currency reached around $255 million in the past 24 hours, with a current price of $2.61 per token at the time of writing. The digital currency increased by more than 7,000% immediately after it began trading on the Binance platform, but it lost part of its gains and has now risen by only about 5,000%. The current price would put Portal's market cap at around $436 million, based on the initial circulating supply of 167.1 million tokens. This places the digital currency among the 200 largest cryptocurrencies in terms of market capitalization, and its market value is higher than the newly launched PIXEL token for the farming game Ronin Pixels, which has a market value of approximately $388 million as of Writing these lines. Portal is a blockchain gaming platform that aims to connect crypto games across different chains on a single platform using a shared token, single login, and unified asset management tools. It is scheduled to be integrated with networks such as Solana and Ethereum Scaling Network Polygon. #Portal #solana #solanausdt #Write2Earn
Fetch.ai (FET) Fetch.ai's utility token, FET, has been steadily climbing the market ladder, particularly among artificial intelligence (AI) tokens. By using FET, users gain the ability to create and launch their own digital twins on the network. Additionally, developers can leverage machine learning-based tools to train autonomous digital twins and implement collective intelligence across the network. These functions have pushed FET to the forefront with the increasing adoption of AI codes. The price of FET has been on a parabolic rise, recently reaching a new all-time high of $1.67. This represents a significant increase over the past four weeks. Furthermore, this upward trajectory saw a breakout from the $0.85 horizontal resistance area, pushing FET to a record high price today. #Fetch.ai #FETUSD #Write2Earn
Solana coin has become the latest altcoin to reach new annual highs amid a broader rise in cryptocurrencies, amid intense activity on the blockchain driven by a rush to buy the memecoin Dogwifhat. In the past 24 hours, Solana posted a 2.8% gain, quickly rising from $108 to reach a new yearly high of $134 at press time, up about 30% in the last 7 days. Solana's rise was preceded by a wave of buying activity for the Dojoifat (WIF) coin based on the Solana network, which saw its price rise by 26% in the last 24 hours to $1 during these moments of today's trading. (WIF) coin was launched on December 14, 2023, and it is a meme coin that contains an image of a dog, one of the developers. (Solana). He is wearing a hat #Write2Earn #solana #wif