Author: AiCryptoSource.com

Posted: September 16, 2024 AI Tokens have seen more growth than memecoins in the last few weeks. Memecoins still hold more market capitalization despite declines. Artificial Intelligence tokens have shown notable growth in the last few weeks, rivaling the explosive trends that memecoins experienced earlier this year. The surge in interest in AI-driven projects has significantly boosted the market capitalization of these tokens, indicating a shift in investor attention. AI tokens see a boost in market capitalization In recent months, AI Tokens have witnessed a substantial uptrend, reflecting increasing confidence in the sector. Investors are now looking at AI-based projects…

Ever looked at a price chart and wondered, “Where is this market going next?” You’re not alone. Every trader, whether new or experienced, faces this question daily. The good news? There’s a simple yet powerful tool that can help you make sense of price movements – trend lines and channels.Mastering these tools can be the difference between making confident trades and feeling lost in a sea of candlesticks. So, let’s break it down step by step in an easy-to-follow, no-nonsense way.Understanding Trendlines: The BasicsThink of trendlines as your market GPS. They help you see the overall direction of price movements.…

Key Takeaways DAT premiums kept compressing as MicroStrategy’s BTC buys slowed. Meanwhile, NYDIG warned shrinking premiums, driven by supply unlock fears, cloud their usefulness as market cycle indicators. Publicly traded companies holding significant amounts of cryptocurrencies like Bitcoin [BTC], Ethereum [ETH], and Solana [SOL], aka the Digital Asset Treasury (DAT) sector, are facing mounting pressure despite Bitcoin’s rally to fresh highs in August. Data as of press time, from IntoTheBlock revealed that Bitcoin-heavy treasuries are seeing sharper declines in stacked market capitalization compared to their ETH and SOL counterparts. Source: IntoTheBlock Premiums of DAT firms decline According to the New…

Have you ever heard of someone spending thousands of dollars on a digital picture of a cat or a pixelated punk? Sounds crazy, right? Welcome to the fascinating world of NFTs! If you’ve been curious but don’t know where to start, this guide will walk you through everything you need to understand about NFT marketplaces.What Are NFTs, Anyway?Before we explore marketplaces, let’s get the basics down. NFT stands for Non-Fungible Token. That’s a fancy way of saying it’s a unique digital item that can’t be replaced with something else. You can think of it like a one-of-a-kind baseball card or a…

Crypto exchange Binance is set to launch a high-leverage futures contract just a week after listing the token for spot trading. Summary Binance Futures has launched the WLFIUSDC perpetual contract on Sept. 8, offering leverage up to 75x and support for Multi-Assets Mode. The move expands WLFI trading tools, following last week’s spot listing and a wave of public attention. WLFI price remains under pressure, down over 8% intraday with bearish indicators like MACD confirming continued downside momentum. Key support lies at $0.2000 and $0.1860, while recovery above $0.2200 is needed to trigger a potential bounce. Binance has announced the…

TLDR: Crypto.com introduces on-chain staking on its web platform with rewards of up to 19.07% p.a. on idle assets. Over 30 tokens, including ETH, SOL, and CRO, are now supported through the new desktop-friendly staking interface. Users can access staking with a QR code login, creating a seamless connection between the app and web accounts. The platform supports both on-chain and liquid staking, giving users flexibility while engaging in DeFi ecosystems. The race for staking services just got tighter. Crypto.com has launched on-chain staking on its web platform, expanding access beyond its mobile app. The move comes as investors look…

Imagine you’re driving on a long road trip. You’ve been seeing nothing but flat roads and cloudy skies. But then, suddenly, the sun starts peeking through the clouds, and the road ahead begins to slope upward. That’s the moment you realize—you’re headed toward something better.That’s exactly how the Golden Cross feels in trading. It’s a moment when the market shifts gears, signaling the potential for a strong upward trend. But what exactly is it? And more importantly, how can you use it to make better trading decisions?Let’s dive in.What Is the Golden Cross?The Golden Cross is a bullish signal that…

TLDR: The SEC announced a new Cross-Border Task Force to investigate fraud tied to foreign-based companies harming U.S. investors. The task force will target pump-and-dump schemes and manipulation tied to overseas entities entering U.S. capital markets. Enforcement will also extend to auditors and underwriters acting as gatekeepers for foreign companies seeking U.S. listings. SEC Chairman Paul S. Atkins stressed that bad actors cannot use borders to evade protections for U.S. investors. The Securities and Exchange Commission has launched a new unit focused on cracking down on cross-border financial fraud. Regulators say the effort will strengthen enforcement against foreign companies that…

There was a sharp rise in phishing scams involving cryptocurrency during August, with losses exceeding $12 million as hackers began to leverage Ethereum EIP-7702-based exploits. Scam Sniffer reported that over 15,000 victims were affected by these phishing scams, an increase of 67% compared to July’s figures. Crypto Phishing Scams Surge: Ethereum-Focused Exploits on the Rise […] Source link

Key Takeaways Will the crypto market cap hit $50 trillion by 2030? Wall Street ETFs, DeFi, and AI could fuel a massive boom—but major risks could derail the dream. A $50 trillion crypto market by 2030 sounds like pure fantasy, but it’s a number being thrown around by serious players. Big names like Ark Invest are betting on it, imagining a world where a single Bitcoin [BTC] is worth $2.4 million. They believe a perfect storm of growth is on the horizon. Still, getting there means dodging major bullets, from unpredictable regulators to the ever-present threat of hackers and tech…