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MANTRA coin is the native cryptocurrency of Mantra, a vertically integrated ecosystem and pioneering innovating approach to digital token trading.
It is the first layer 1 RWA blockchain, capable of adhering to and complying with real-world regulatory requirements.
The permission less network empowers developers and makes life easier for users by reducing both costs and process complexities.
Omniverse Mantra's broad ecosystem is called OMniverse. It is divided into four subgroups, which encompass a variety of products and services: Mantra Nodes, Mantra Chain, Mantra Finance and Mantra DAO. Read more details below.
-Mantra Nodes is the most important part of the ecosystem. The goal is to generate revenue and offer more profitability across multiple blockchains. The operation is similar to that of an IaaS (infrastructure as a service), allowing transactions from validator nodes for individuals and legal entities.
-Mantra Chain is the blockchain that has interoperability with other networks in the Cosmos ecosystem and compatibility with Ethereum. Through it, it is possible to develop a series of solutions, such as decentralized applications (DApps) and Web3 games.
Mantra Finance Mantra Finance is the DeFi (decentralized finance) element of the ecosystem. The goal is to bring more speed and transparency to financial services, allowing users to trade, issue and profit from crypto assets.
Mantra DAO Mantra DAO is the network’s governance protocol. From the beginning, the objective was to create and maintain an engaged community, which actively participated in decision-making and project administration.
Looking for alternatives in microchips and semiconductors, CREDO artificial intelligence is one of the best choices after the partnership with Apple.
82% of increase on stocks price in 1 year.
Credo Technology Group is a leading provider of high-speed connectivity solutions, focusing on breaking bandwidth barriers in data infrastructure. Founded in 2008 and publicly traded on Nasdaq since 2022, Credo has established itself as an innovator in the semiconductor industry. Their product offerings include integrated circuits, Active Electrical Cables (AECs), and SerDes Chiplets, all of which are based on their proprietary Serializer/Deserializer (SerDes) and Digital Signal Processor (DSP) technologies. These solutions are optimized for various Ethernet applications, catering to the growing demands of data centers, AI, and 5G deployments. Credo's connection to Apple comes through its advanced connectivity technologies, which are essential for high-performance devices. As Apple continuously seeks to enhance the performance and efficiency of its products, including iPhones, partnerships with companies like Credo help to ensure that their devices remain at the forefront of technology. Credo's innovations in power efficiency and bandwidth capabilities are crucial for supporting the sophisticated needs of modern smartphones.
5. Developer-Friendly Nervos Network provides a comprehensive suite of developer tools and resources. The platform supports a wide range of programming languages, making it accessible to a larger pool of developers. This has the potential to accelerate the development of applications on the Nervos Network. 6. Strong Partnerships and Ecosystem Growth Nervos has established partnerships with several major players in the blockchain space, including China Merchants Bank International (CMBI) and Huobi. These partnerships enhance Nervos’ credibility and adoption prospects. The ecosystem is also growing rapidly, with numerous projects and dApps being developed on the platform. 7. Active Community and Governance Nervos boasts an active community and a decentralized governance model. This allows token holders to participate in the decision-making process, fostering a sense of ownership and involvement in the network's future direction. 8. Long-Term Vision Nervos is focused on creating a sustainable and scalable blockchain that can support a wide range of applications in the future. Its long-term vision includes addressing the limitations of existing blockchain technologies and providing a robust platform for the next generation of decentralized applications.
Investing in Nervos Network (CKB) presents a compelling opportunity for several reasons: 1. Interoperability Nervos Network is designed to be an interoperable blockchain platform, which allows different blockchains to communicate and interact with each other. This is a critical feature as the blockchain ecosystem becomes more fragmented, and the need for cross-chain transactions increases. Nervos achieves this through its Common Knowledge Base (CKB), which acts as a universal public ledger. 2. Layered Architecture Nervos uses a unique layered architecture to balance scalability, security, and decentralization: Layer 1 (CKB): Provides security and decentralization. It’s designed to store any type of crypto-asset with the highest security.Layer 2: Enhances scalability by handling transactions off-chain and only recording the final state on the Layer 1 blockchain. 3. Store of Value and Smart Contracts CKB combines the benefits of Bitcoin and Ethereum by offering a secure store of value (like Bitcoin) and support for smart contracts (like Ethereum). This makes it versatile for a range of applications from DeFi to NFTs. 4. Economic Model Nervos has an innovative economic model that ensures long-term sustainability. The CKB token is used to pay for storage and can be recycled, creating a self-sustaining ecosystem where value circulates and is preserved over time. This model aims to avoid the inflation issues faced by other blockchains.
In July 2024, Cardano (ADA) has been experiencing notable developments. The total value locked (TVL) in Cardano's DeFi ecosystem reached $450 million, contributing to a 17% jump in ADA's price (CoinDesk). However, the ADA market has faced some challenges. The daily number of ADA transactions worth between $1 million and $10 million has decreased by 33%, and transactions over $10 million have declined by 24% in the last 30 days. This decline in large trades has raised concerns about liquidity and market sentiment (CryptoLists). Technically, ADA has weakened from $0.49 to $0.35 since June 2024, with current prices around $0.39. Analysts suggest that ADA might struggle to hold above $0.35 and could potentially test support levels at $0.30 if the downward trend continues (CryptoLists). For more detailed information, you can visit CoinDesk and Crypto Lists.
As of July 11, 2024, Bitcoin is experiencing some significant developments. The price of Bitcoin has seen a recent decline to around $57,723.87. This drop comes amid various market dynamics, including a significant sell-off by the German government, which transferred a large amount of Bitcoin to crypto exchanges. Despite this, Bitcoin's price remains relatively resilient given the scale of the sell-off (The Crypto Times) (MarketBeat). In other news, the upcoming Bitcoin halving event in 2024 is expected to influence the market significantly. Halving events typically reduce the number of new bitcoins created and potentially lead to price increases due to reduced supply. This year's halving is anticipated to bring both challenges and opportunities for miners and investors (Blockworks). Moreover, Bitcoin ETFs are seeing substantial inflows, with recent approval of spot Bitcoin ETFs in the US expected to bolster investor confidence and market stability (MarketBeat). Stay updated with the latest Bitcoin trends and market analysis:
The U.S. Securities and Exchange Commission (SEC) is expected to approve several spot Ethereum ETFs, potentially starting as early as mid-July 2024. Bloomberg's senior ETF analyst Eric Balchunas initially predicted a July 2 launch but now suggests mid-to-late July due to additional SEC comments and requested revisions. The SEC's review process has included relatively minor feedback, which suggests that approval is imminent.
The approval of these ETFs could significantly impact the market, increasing institutional adoption and providing broader market access to Ethereum. This development follows the successful introduction of spot Bitcoin ETFs, which have already shown positive market effects.
Bitcoin Price Fluctuations: Bitcoin's price recently fell below $55K, resulting in significant liquidations amounting to $685M in just 24 hours. This volatility is partly due to ongoing repayments by Mt. Gox, which has started distributing Bitcoin and Bitcoin Cash as part of a $9 billion payout (The Block) (BTCNEWS). Government Actions: The German government sold $361M worth of Bitcoin, despite positive predictions for Q3. This sell-off has drawn criticism, with some lawmakers arguing that it wasn't a sensible move given the optimistic outlook for Bitcoin prices (Crypto News) (BTCNEWS). Security Concerns: In Q2 of 2024, the crypto space saw losses totaling $688M due to 184 on-chain security breaches. This highlights ongoing security challenges within the blockchain and cryptocurrency industry (Crypto News). Regulatory Developments: The global banking regulators have approved a new framework requiring banks to disclose their crypto exposure. This is a significant step towards more transparency and regulation in the crypto market (Crypto News) (BTCNEWS). Market Movements: Ethereum ETFs have seen significant inflows, recording $295M in a single day, marking the highest inflow in 21 days. This indicates growing investor interest and confidence in Ethereum-based financial products (BTCNEWS). Industry Innovations: Companies like DWF Labs are launching substantial funds to support blockchain projects, with a recent $20M fund aimed at Chinese projects. Such initiatives are crucial for the growth and development of new blockchain technologies and applications (Crypto News).
The IO cryptocurrency, part of the decentralized AI computing network io.net, aims to revolutionize access to scalable distributed computing clusters. It offers a unique capability of creating clusters of tens of thousands of GPUs, which helps reduce costs significantly for AI and machine learning engineers compared to centralized services. This project stands out for its ability to maintain low latency for deployers, making it a powerful tool in the AI/ML ecosystem. With a growing market cap and increasing adoption, IO is positioned as a major player in the AI and big data sectors of the crypto market.
The global NFT market has experienced rapid growth, driven by the increasing interest in digital art, collectibles, and virtual assets. NFTs, or non-fungible tokens, offer unique ownership rights to digital items, creating new opportunities for artists and creators. In 2021, the market saw a surge in high-profile sales and mainstream adoption, with platforms like OpenSea and Rarible leading the way. Despite fluctuations, the NFT market continues to evolve, integrating with various sectors such as gaming, fashion, and entertainment. This dynamic market is characterized by innovation and expanding applications, attracting diverse investors and enthusiasts worldwide. #NFTRewards #NFTArtists #NFTCollection #NFTdrop #nftcommunity
Click here and follow me @Galaxy_Fontana Here are the top AI crypto projects making significant strides in 2024: The Graph (GRT): Known as the Google of blockchain, it excels in data indexing and querying, enhancing decentralized applications.Injective (INJ): This project offers a fully decentralized exchange platform optimized by AI, enhancing security and transaction efficiency.Render (RNDR): Utilizing distributed GPU rendering technology, it streamlines digital content creation with AI optimizations.Fetch.ai (FET): Creates autonomous agents for automating tasks like financial trading and smart energy management.SingularityNET (AGIX): Provides an AI service ecosystem for developers to create, share, and monetize AI services.Ocean Protocol (OCEAN): Facilitates secure and privacy-preserving data sharing and monetization, empowering AI-driven analysis.Filecoin (FIL): Offers decentralized storage solutions, crucial for vast AI data storage and access.Chainlink (LINK): Integrates real-world data into smart contracts, essential for AI applications requiring accurate external information.Oasis Network (ROSE): Focuses on privacy-enhanced blockchain solutions, making it ideal for secure AI applications.Nosana (NOS): Provides cost-effective GPU grids for AI workloads, significantly reducing resource costs for AI companies #AIProjects #aicrypto #aitcoinsboom #CryptoNewss
Nervos Network's CKB (Common Knowledge Base) is a layer-1 blockchain protocol designed to be a foundational layer for a universal public network. CKB enables the storage of any crypto asset with security, immutability, and decentralized governance. It aims to solve scalability and interoperability issues in blockchain technology. CKB's unique layered architecture separates computation from storage, enhancing its efficiency and flexibility for developers and users alike. #CKBCoin #NervosNetwork #nervosckb #ckbhalving #binance
MAGA, a meme coin inspired by political movements, has experienced notable price volatility recently. Its value often reflects the shifting political sentiments and debates surrounding it. Despite bearish trends, there are opportunities for price rebounds. The coin's movements are closely watched by investors looking to capitalize on its unique position within the meme coin market #MAGACoin #Memecoins🤑🤑 #BinanceTrendingTokens #NFT
Meme coins continue to attract attention in the crypto world. Recently, MAGA and BODEN coins have shown notable price movements, reflecting the influence of political climates and public sentiment. While MAGA faces bearish trends, there are opportunities for price rebounds. BODEN, on the other hand, is navigating political debates, causing fluctuations in its value. PEPE, built on Ethereum, benefits from the anticipation of the Ethereum ETF launch, maintaining a bullish outlook. POPCAT, a Solana-based meme coin, is gaining traction due to its community support and market performance. Meanwhile, Myro and MOG coins are also showing significant potential with recent surges in their values
DeFi, or decentralized finance, is a revolutionary technology in the world of cryptocurrencies. It eliminates the need for intermediaries like banks by using blockchain technology to facilitate peer-to-peer financial transactions. DeFi platforms offer services such as lending, borrowing, and trading, providing greater accessibility, transparency, and control over financial assets. With smart contracts, DeFi ensures secure, automated, and trustless transactions, making financial services more efficient and inclusive. This innovation is rapidly transforming traditional financial systems, paving the way for a more decentralized and equitable financial future. #defi #CryptoInvestment #CryptoAssets #DefiArt