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SVM Sonic, Injective to roll out crosschain AI agent hub

Developers will soon be able to deploy Solana-based AI agent applications on Injective and bridge a variety of cryptocurrencies between them.

Layer-1 blockchain protocol Injective and Solana Virtual Machine (SVM) blockchain Sonic are launching the Smart Agent Hub, a crosschain artificial intelligence platform. The hub will allow AI agents built on the SVM to integrate into the decentralized Injective ecosystem, and developers will be able to monetize their AI agents through tokenization and fractionalized ownership.

Injective expects to deploy the initial Smart Agent Hub testnet in the first quarter of 2025 with its full integration coming in phases across several months. When it is in operation, developers on Injective will be able to deploy Solana-based AI agent applications with a Remote Procedure Call.

The hub will use Sonic infrastructure and the Inter-Blockchain Communication Protocol to link the Injective WebAssembly blockchain directly with Solana. In addition, a bridge will be created to transfer SOL (SOL) and Solana-based tokens as well as wrapped and native Injective tokens.

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Coinbase urges Court of Appeals to rule token trades on its platform aren’t securities

Injective Launches Onchain AI Agents for Everyone

Injective Launches Onchain AI Agents for EveryoneUsers can design multiple autonomous artificial intelligence (AI) agents using iAgent to achieve specific objectives. One AI Agent to Rule Them All Injective has officially unveiled its latest innovation, iAgent. With the rise of AI agents, iAgent is a software development kit (SDK) that allows users to create and deploy their own onchain AI agents. […]

Coinbase urges Court of Appeals to rule token trades on its platform aren’t securities

Analyst Predicts Breakout for Layer-1 Altcoin, Says Alts May Be on Cusp of Something Special

Analyst Predicts Breakout for Layer-1 Altcoin, Says Alts May Be on Cusp of Something Special

A crypto strategist who nailed the pre-halving correction for Bitcoin (BTC) thinks that a layer-1 project is close to sparking breakout rallies. Pseudonymous analyst Rekt Capital tells his 499,300 followers on the social media platform X that Injective (INJ) appears to be forming a large falling wedge structure on the weekly chart. The falling wedge […]

The post Analyst Predicts Breakout for Layer-1 Altcoin, Says Alts May Be on Cusp of Something Special appeared first on The Daily Hodl.

Coinbase urges Court of Appeals to rule token trades on its platform aren’t securities

Bitcoin rally to $60K raises traders’ interest in FET, SUI, AAVE and INJ

Bitcoin’s rally above $60,000 could trigger buying in FET, SUI, AAVE, INJ and other altcoins.

Bitcoin (BTC) reclaimed the $60,000 level on Sept. 13, indicating a solid comeback by the bulls. Bitcoin’s rally of about 10% this week has helped buyers turn around September’s returns to positive.

Next week, investors will focus on the FOMC meeting scheduled for Sept. 18. CME Group’s FedWatch Tool shows a 50% probability of a 50-basis point rate cut. However, if the Federal Reserve delivers a 25-basis point rate cut, the cryptocurrency markets may witness a knee-jerk reaction to the downside.

Crypto market data daily view. Source: Coin360

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Coinbase urges Court of Appeals to rule token trades on its platform aren’t securities

Trader Updates Outlook on Altcoin That’s Exploded Over 4,100% in Nine Months, Maps Path Forward for dogwifhat

Trader Updates Outlook on Altcoin That’s Exploded Over 4,100% in Nine Months, Maps Path Forward for dogwifhat

A widely followed cryptocurrency analyst and trader is offering his take on a real-world asset (RWA) project that’s skyrocketed by over 40x since December of 2023. The trader pseudonymously known as Sherpa tells his 222,500 followers on the social media platform X that the RWA blockchain MANTRA (OM) is a “strong project.” “OM still is […]

The post Trader Updates Outlook on Altcoin That’s Exploded Over 4,100% in Nine Months, Maps Path Forward for dogwifhat appeared first on The Daily Hodl.

Coinbase urges Court of Appeals to rule token trades on its platform aren’t securities

Crypto Trader Predicts Breakout Rally for FET, Updates Outlook on WIF and Two Additional Altcoins

Crypto Trader Predicts Breakout Rally for FET, Updates Outlook on WIF and Two Additional Altcoins

A closely followed crypto strategist believes that rallies are in store for one artificial intelligence-focused altcoin. Pseudonymous analyst Altcoin Sherpa tells his 222,700 followers on the social media platform X that he’s accumulating Artificial Superintelligence Alliance (FET). The trader shares a chart suggesting that FET could carve a bottom at around $1.10 before breaking out […]

The post Crypto Trader Predicts Breakout Rally for FET, Updates Outlook on WIF and Two Additional Altcoins appeared first on The Daily Hodl.

Coinbase urges Court of Appeals to rule token trades on its platform aren’t securities

Analyst Jason Pizzino Says AI-Related Altcoin on the ‘Stronger Side,’ Updates Outlook on Injective and Pepe

Analyst Jason Pizzino Says AI-Related Altcoin on the ‘Stronger Side,’ Updates Outlook on Injective and Pepe

A widely followed crypto analyst says that one artificial intelligence (AI)-focused altcoin looks strong while updating his outlook on decentralized finance (DeFi) platform Injective (INJ) and memecoin Pepe (PEPE). In a new video update, crypto trader Jason Pizzino tells his 328,000 YouTube subscribers that even though graphics processing unit (GPU) rendering blockchain Render (RNDR) looks […]

The post Analyst Jason Pizzino Says AI-Related Altcoin on the ‘Stronger Side,’ Updates Outlook on Injective and Pepe appeared first on The Daily Hodl.

Coinbase urges Court of Appeals to rule token trades on its platform aren’t securities

Bitoro Network expands decentralized perpetual futures with Injective launch

Bitoro Network has launched on Injective, leveraging its advanced blockchain infrastructure to enhance the decentralized perpetual futures platform with new trading channels, staking vaults, and institutional client features.

The post Bitoro Network expands decentralized perpetual futures with Injective launch appeared first on Crypto Briefing.

Coinbase urges Court of Appeals to rule token trades on its platform aren’t securities

Trader Unveils List of Five Strong Altcoins Including Injective Amid Choppy Market Conditions

Trader Unveils List of Five Strong Altcoins Including Injective Amid Choppy Market Conditions

A closely followed crypto analyst is listing five altcoins he believes are showing strength despite the choppy market conditions. Pseudonymous crypto trader Altcoin Sherpa tells his 217,200 followers on the social media platform X that layer-1 protocol Injective (INJ), cross-chain protocol Wormhole (W), data democratization project JasmyCoin (JASMY), Bitcoin (BTC) layer-2 scaling solution Stacks (STX) […]

The post Trader Unveils List of Five Strong Altcoins Including Injective Amid Choppy Market Conditions appeared first on The Daily Hodl.

Coinbase urges Court of Appeals to rule token trades on its platform aren’t securities

BNB, TON, FIL, and INJ can go much higher if Bitcoin price flips $69K

Bitcoin is trying to flip the $69,000 level into support, and if it does, BNB, TON, FIL and INJ may move higher.

Bitcoin (BTC) is down from its intra-week high of about $72,000, but the bulls are trying to hold the price above $69,000. Bitcoin is on target to end the week with marginal gains of just over 2%. Although Bitcoin has failed to rise above the overhead resistance, buyers have remained in place.

Farside Investors data shows roughly $1.7 billion in inflows into spot Bitcoin exchange-traded funds this week. That takes the total investments into spot Bitcoin ETFs to $15.5 billion as of June 6. The strong buying suggests traders anticipate the up move will continue.

However, Bitcoin fell on June 7, which pulled several altcoins lower. Trader Daan Crypto Trades said in X post that Bitcoin’s open interest dropped by $1.3 billion and Ether’s by $800 million during the fall. The decline does not seem to have unnerved investors. QCP Capital believes that Bitcoin and Ether will likely form local lows as the Federal Reserve’s future actions may benefit risk assets.

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Coinbase urges Court of Appeals to rule token trades on its platform aren’t securities