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The cryptocurrency market has recently experienced a downturn, but a recovery appears to be on the horizon for many altcoins. This shift in sentiment is creating opportunities for certain cryptocurrencies to achieve significant market cap milestones.  In this context, Finbold has identified two crypto currencies, Uniswap (UNI) and Aptos (APT), with the potential to surpass the $5 billion mark by August.  Both are nearing this milestone, with their trajectory influenced by the continuation of the bull run and factors like supply inflation. Uniswap and Aptos are leveraging strong fundamentals, and strategic partnerships, positioning them for substantial growth. Picks for you Here's how gold will kickstart Bitcoin's bull run, according to analyst 13 mins ago ...

U.S. politicians have developed a reputation for being exceptionally savvy traders in no small part thanks to the immensely successful and widely publicized stock market activity of Nancy Pelosi and the incredibly successful portfolio of Brian Higgs. Nonetheless, Congressional trading is both a bipartisan activity and not one that always leads to success, as exemplified by a very poorly-timed investment made in late June by Marjorie Taylor Greene. Indeed, on June 27, the Representative reported a purchase of CrowdStrike (NASDAQ: CRWD) stock that she made three days earlier. Picks for you Paddy Pimblett’s net worth revealed: How rich is the Scouse MMA star? 40 mins ago How much money does MrBeast make a second? ...

In partnership with BNB chain, the leading smart contract blockchain, Playbux has launched the “Train Your Bux Like a Champion” campaign to celebrate the Summer 2024 Olympics spirit. Participants can join Playbux’s engaging challenges to compete for over $250,000 in prizes, making the most of this festive period. Running from July 24 to August 14, the “Train Your Bux Like a Champion” campaign is perfectly timed to coincide with the enthusiasm and zeal of the Summer 2024 Olympics. Through this challenge, users can connect with fellow members, earn unique rewards, and ride the wave of Olympic excitement. By joining, participants get a prime opportunity to become part of the lively Playbux community, which boasts over 640K active users. It promises to be an exhilarating and rewarding experience for both new and seasoned members. Olympic Excitement Meets Blockchain Breakthroughs The “Train Your Bux Like a Champion” campaign is p...

The Bitcoin open interest is a good indicator of how investors are viewing the cryptocurrency and what bets they’re making. This is why the metric hitting a new all-time high is a big deal, carrying serious implications for the market. Once again, the Bitcoin open interest has set a new record and this could spell doom for the digital asset, even if just in the short-term. Bitcoin Open Interest Sets New Record In an interesting turn of events, the Bitcoin open interest has now risen to a new all-time high. After hitting a record high of $39.03 billion back in May, the open interest had declined for a while, even dropping below $30 billion back in May. Related Reading Ethereum Poised To Break $4,000 As Price Tests Crucial Levels; Analyst 7 hours ago Following this, the Bitcoin open interest fluctuated for a few months, taking the price al...

In a highly anticipated keynote address at the Bitcoin 2024 conference, Michael Saylor , the Co-Founder of MicroStrategy , forecasted that Bitcoin (BTC) could reach a staggering $13 million per coin by 2045. This projection, delivered on July 26 in Nashville, marks a significant increase from his previous $10 million estimate in June. Saylor’s bullish outlook is underpinned by his belief that Bitcoin could see an annual return of 29% over the next 21 years. “For Bitcoin to achieve a $13 million value by 2045, it would need to grow at an average annual rate of 29%,” Saylor explained. This ambitious target would elevate Bitcoin’s market capitalisation to $280 trillion, representing 7% of global wealth. $13M is the #Bitcoin Base Case. pic.twitter.com/0Wz60P2C5n — Michael Saylor️ (@saylor) July 27, 2024 Saylor’s Vision for Bitcoin’s Longevity Saylor’s presentation also touched on the comparative longevity of physical versus digital assets. He argued t...

The Node AI price surged 19% in the last 24 hours to trade at $1.24 as of 4 a.m. EST on trading volume that skyrocketed 98% to $2.1 million. The project’s pump comes as the crypto market collectively started seeing a recovery, led by Bitcoin’s 3% jump in the last 24 hours. Node AI far outperformed BTC, and it used the new wave of attention to state its mission — capturing the demand of two fast-growing industries: Blockchain and AI. In a recent post on X, the project stated that it empowers developers and enterprises to leverage cutting-edge technology for AI applications by providing a robust, decentralized GPU network. It also noted that it offers innovative solutions to bridge the gap between these two revolutionary fields, ensuring scalability, efficiency, and security. NodeAI has positioned itself to capture the demand of two fast-growing industries: blockchain and #AI. By providing a robust, decentralized $GPU network, we're empowering developers and enter...

In today's fast-paced world, where inflation progresses faster than a blink, the question of how to protect your savings becomes increasingly pressing. This concern applies to both fiat money and crypto assets. In traditional banking, interest-earning accounts are designed to generate yields for depositors. However, current bank rates often fail to keep pace with inflation. For instance, the European Central Bank's deposit facility rate is only 3.75%. In the realm of Decentralized Finance (DeFi), a parallel exists between interest-earning accounts and crypto staking. Unlike traditional bank deposits, crypto staking offers greater opportunities for higher yields, as many crypto projects provide generous rewards. For example, Orbit Protocol offers the annual percentage rate (APY) of around 17%.   For cryptocurrency owners, staking can be a way to put their assets to work and generate profits rather than collect dust in their crypto wallets. However, selecting staking...

1. Avail DA Mainnet and AVAIL Token Launch, Supporting AVAIL Staking link The modular blockchain project Avail has announced the launch of its Avail DA mainnet and AVAIL token. Avail DA is a modular blockchain solution designed to optimize Data Availability (DA), enabling highly scalable and customizable rollups. The AVAIL token will serve as the native asset of the Avail network, used for paying DA fees and ensuring network security through staking. Additionally, AVAIL holders will be able to start staking their AVAIL tokens. Avail has raised a total of $75 million, supported by investors such as Founders Fund, Dragonfly Capital, and Cyber Capital. Two significant developments in progress include the interoperability layer Avail Nexus and the security network layer Avail Fusion. Avail DA supports various blockchain architectures, including Validiums, Optimiums, Sovereign Rollups, and BTC L2s, and has secured over 70 partnerships, which will gradually integrate with Avail DA. 2. U.S. P...

Solana ETF and XRP ETF hope to face a big setback as BlackRock’s head of digital assets, Robert Mitchnick, doubts their approval. At the Bitcoin Conference 2024, Mitchnick’s words sparked debate in the crypto community, challenging the hope that followed recent Bitcoin and Ethereum ETF approvals. Solana -and- xrp - ETF s-market-effects-and-sec-rules">BlackRock’s View on Solana and XRP ETF s: Market Effects and SEC Rules Source: news.bitcoin.com ETF s">Robert Mitchnick’s View on Altcoin ETF s Mitchnick says that altcoins like Solana and XRP lack the needed maturity and liquidity for ETF s. He stresses the market dominance of Bitcoin and Ethereum, stating: “If you think of Bitcoin, today it represents about 55% of the market cap. ETH is at 18%. The next possible investible asset is at, like, 3%.” This gap in market share is seen as a big hurdle for potential altcoin ETFs. Regulatory concerns also play a key role in Mitchnick’s view. The SEC...

In a very short time, Non-Fungible Tokens have grown from a niche interest into something sweeping the mainstream to change the digital landscape. Unlike bitcoins or other forms of cryptocurrency, NFTs are distinct digital representations that, by being verified on the blockchain, have become of very significant value in their applications to art, gaming, and entertainment. NFTs had their first wide media appearance in early 2021 when digital artist Beeple sold an NFT work at Christie’s for $69 million. That was truly a defining moment, really showing how much value digital creation could have. Artists and creators viewed this new application for NFTs as revolutionary in monetizing their work, since it provided provenance and proof of ownership in a way traditional methods couldn’t. It is true that even the gaming industry has adopted NFTs, whereby players can own and trade in-game assets that help create new models for economies existing in virtual worlds. Not to mention, c...

DeFi will continue to evolve rapidly in 2024. As we enter the second half of the year, key trends are transforming this innovative sector. This article examines significant developments, offering insights into the future of blockchain-based financial services. Also Read: What is DeFi Staking? defi -trends-for-the-second-half-of-2024">Analyzing DeFi Trends for the Second Half of 2024 Resurgence of Growth and Market Sentiment The DeFi ecosystem is seeing constant and great growth. Will it set new records? Julian Deschler, the co-founder of Web3 privacy protocol Elusiv, had this to say to Cointelegraph: Total Value Locked (TVL) in DeFi platforms has reached $91.76 billion, indicating renewed investor confidence. Regulatory Landscape and Transparency Regulation is shaping the DeFi space. Decentralized projects have the advantage of promoting transparency and compliance, which supports mainstream adoption. Also Read: Bitcoin ETF Flows: Navigating the Latest DeFi Market Trends defi ...

Vice President (VP) Senator Kashim Shettima stated that Nigeria is not only catching up with global advancements but is likely to rise to the top, both economically and technologically, as per the latest updates shared with Finbold on July 25.  The statement was issued during the launch of the AI Expertise Blockchain and Technology Training and Outsourcing Initiative in Dutse, the capital of Jigawa State. Nigeria’s digital leadership strategy As part of Nigeria’s strategy for regional digital leadership, Shettima also launched the 4th edition of the Expanded National Micro, Small and Medium Enterprises (MSMEs) Clinic.  Picks for you ChatGPT4-o mini predicts Gold price for end of 2024 54 mins ago INTMAX announces the leading d...