A trader known for well-timed altcoin calls believes that a Solana (SOL)-based meme token has started a new uptrend. Pseudonymous analyst Bluntz tells his 263,800 followers on the social media platform X that memecoin dogwifhat (WIF) has likely carved a bottom. According to the analyst, WIF is already flashing signs of a bullish reversal on […]
The post Crypto Strategist Says Bottom Is In for Solana (SOL)-Based Memecoin, Unveils Top AI Altcoin Pick appeared first on The Daily Hodl.
The CEO of artificial intelligence (AI)-focused Fetch.ai (FET) says its planned token merger will still take place despite not being supported by Coinbase. In a new thread on the social media platform X, Fetch.ai chief executive Humayun Sheikh says that the planned AI token merger between FET, Ocean Protocol (OCEAN) and SingularityNet (AGIX) is still […]
The post Fetch.ai CEO Says AI Token Merger Going Ahead Despite Coinbase Snub, Tells FET Holders To Do Nothing appeared first on The Daily Hodl.
Top US exchange Coinbase is not going to facilitate the planned merger of multiple artificial intelligence altcoin projects into a single new crypto. In an announcement via the social media platform X, Coinbase says that customers will have to initiate the merger on their own. “Ocean (OCEAN) and Fetch.ai (FET) have announced a merger to […]
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Several AI tokens, including Fetch.ai, Ocean Protocol, and SingularityNET, gain ground despite market challenges.
The post AI tokens FET, AGIX, OCEAN, and ARKM surge despite market sell-off appeared first on Crypto Briefing.
Deutsche Telekom’s plans and Web3 expansion follow its recently established position as a validator on Fetch.ai’s decentralized blockchain.
T-Mobile Deutsche Telekom announced that it intends to start mining Bitcoin (BTC), expanding upon its ongoing crypto-based activities.
The telecommunications firm has been operating a Bitcoin node since 2023 and is currently running Bitcoin Lightning Network nodes.
Speaking at BTC Prague, Dirk Röder, head of Web3 infrastructure and solutions at Deutsche Telekom, said:
The ASI Alliance, including Fetch.ai, SNET, & Ocean Protocol, has postponed the token merger to July 15 to ensure a smooth transition.
The post Fetch.ai, SingularityNET, and Ocean Protocol reschedule token merger for July 15 appeared first on Crypto Briefing.
The ASI Alliance merger finalizes, uniting Fetch.ai, SNET, and Ocean Protocol under a new $ASI token to foster decentralized AI growth.
The post Fetch.ai, SingularityNET, and Ocean Protocol unveil final details of $ASI token merger appeared first on Crypto Briefing.
AI crypto tokens are “quiet now,” bleeding red across the board, but a crypto trader says that won’t last.
Artificial intelligence-linked crypto tokens have declined over the past 24 hours amid Nvidia’s (NVDA) share price surging over 7% on May 28, but the downturn won’t last forever, says a crypto trader.
“NVDA surging, AI coins quiet now but don’t expect that to last,” trader Matthew Hyland wrote in a May 28 X post.
Nvidia produces computer chips that AI companies are increasingly using to run their AI models. Crypto traders see its stock price as an indicator of how AI tokens could move, with NVDA’s performance a gauge of the market’s AI sentiment.
Nvidia’s strong earnings report didn’t have the immediate effect on AI crypto tokens that traders expected.
The price of artificial intelligence (AI)-related cryptocurrency tokens briefly tumbled despite Nvidia’s impressive first-quarter earnings report, contrary to crypto traders’ expectations.
Nvidia — which produces chips companies use to train and deploy AI models — saw Q1 revenue jump 18% from Q4 2023 and surge 262% from a year ago, beating analyst estimates of $24.6 billion, Cointelegraph reported on May 23.
The earnings report was released after the New York Stock Exchange (NYSE) market closed on May 22. Nvidia spiked 6.06% in after-hours trading, reaching $1,007 at the time of writing, according to data from Yahoo Finance.
A closely followed crypto strategist is predicting an explosive rally later this year for one Ethereum (ETH) competitor. Pseudonymous analyst Altcoin Sherpa tells his 215,500 followers on the social media platform X that Solana (SOL) could soar 267% from its current value. “SOL: averaging into SOL is never a bad idea in my opinion. I […]
The post Trader Predicts One Blue-Chip Altcoin Will Explode 260%+ This Year, Updates Outlook on Fetch.ai and Render appeared first on The Daily Hodl.
