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Today’s bullish momentum in the Fetch.ai (FET) market was at its peak, with the price jumping from a 24-hour low of $0.2619 to a new 7-day high of $0.2888. As of press time, the FET was trading at $0.2711, up 2.78% from its previous close. During the rise, FET’s market capitalization and 24-hour trading volume increased by 2.24% and 172.92%, respectively, to $220,889,816 and $89,326,433. If the bulls break over the $0.2888 resistance level, the next potential barrier level is $0.3111. However, if bears seize control and send the market below the $0.2619 support level, the next support level might be around $0.2396. FET/USD 24-hour price chart (source: CoinMarketCap) The Chaikin Money Flow (CMF) motion in the negative region with a value of -0.14 on the FETUSD 2-hour price chart implies that the bullish momentum may be losing pace. This movement in the negative region indicates increased selling pressure in the market, which might lead to a price corre...

The Origin Ether app deposits Ether into Curve, Convex, stETH, rETH and sfrxETH. A new yield farming app called Origin Ether has accumulated over $12 million in total value locked (TVL) just 14 days after launch , according to data from blockchain analytics platform DefiLlama. TVL is a metric that measures the dollar value of assets inside an app’s smart contracts. Origin Ether total value locked, May 9-30. Source: DefiLlama The app was launch ed on May 16, according to a representative from the development team. DefiLlama data shows the app already had $793,000 locked inside its contracts before the launch , which team members or other early partners may have supplied. Once the public launch occurred on May 16, deposits to Origin Ether (OETH) rapidly accumulated, leading to a TVL of over $13 million by May 30. This is a gain of approximately $12.6 million over 14 days. According to the app’s official documentation, Origin Ether generates yield from Ether (ETH) by depositing it int...

Join Our Telegram channel to stay up to date on breaking news coverage Over the weekend, around 200 influential individuals from the crypto, pharmaceutical, political, and academic sectors completed their two-month stay in Zuzalu. Zuzalu was an experimental “pop-up” community conceptualized by Vitalik Buterin, co-founder of Ethereum. The community was named “Up City Community.” Starting in March, a group called Zuzalans embarked on a unique journey. They temporarily put aside their regular lives and identities to become the first citizens of a new civilization. Their temporary home was a resort hotel and Airbnb in Lustica Bay, Montenegro. Their primary task was to imagine and shape a new future that they believed would benefit humanity. During Zuzalu, the participants talked about cryptocurrency, blockchain networks, and AI, which are currently popular topics in tech. In addition to discussing human longevity, they discussed a “network state”...

Bitcoin (BTC) price turned bullish over the weekend to record an intra-day high of $28,261 on May 28. Notably, this was the first successful retest of the $28,000 level since May 10 and comes with the right catalyst. On May 27, United States President Joe Biden directed both House and Senate to pass the debt ceiling deal immediately. This was after a 90-minute call with House Speaker and Republican Kevin McCarthy. Bitcoin Price Surges After Biden And McCarthy’s ‘Agreement In Principle’ Bitcoin (BTC) price is up almost 10% since Saturday, May 27 after US President Biden and Republican McCarthy engaged in a one-and-a-half-hour call. Reportedly the two political leaders reached an “agreement in principle” to raise the $31.4 trillion debt ceiling. Earlier this evening, Speaker McCarthy and I reached a budget agreement in principle. It is an important step forward that reduces spending while protecting critical programs for working people and growing the e...

Join Our Telegram channel to stay up to date on breaking news coverage Revolutionary web3 Recycle-to-Earn (R2E) platform ecoterra just introduced a fresh batch of major beverage brands into its eco system , including the likes of Coca Cola, Carlsberg and Evian, further boosting the environmentally conscious protocol’s utility. Users of the ecoterra application will be able to scan and recycle bottles from the above-mentioned brands plus a host more like Dr Pepper prior to recycling them via Reverse Vending Machines (RVMs), and be rewarded with cryptocurrency for doing so. 🌱🌍 ecoterra has partnered with numerous beverage brands, including Vittel, Dr Pepper, and Heineken, to integrate them into our innovative recycling system Together, we’re working towards a more sustainable future! Join our #Presale today ⬇️https://t.co/1fYkPOsPYG pic.twitter.com/HIevyimQjZ — ecoterra (@ecoterraio) May 6, 2023 The addition of further big-nam...

Join Our Telegram channel to stay up to date on breaking news coverage Coinbase will allow its users to trade the Osmosis (OSMO) decentralized finance (DeFi) altcoin. OSMO is a DeFi altcoin running on the Cosmos blockchain. Coinbase, which is the largest cryptocurrency exchange in the US by trading volumes, will support the OSMO altcoin under an “experimental label” designation. Coinbase to support OSMO DeFi altcoin Coinbase will be listing this token under the Experimental Label designation. This designation has been set aside for risky and low-liquidity tokens. The listing has attracted interest in the DeFi altcoin that runs on the Cosmos blockchain. Osmosis is an automated market maker protocol that has been created on the Cosmos software development kit (SDK). The AMM protocol supports cross-chain transactions when it utilizes inter-blockchain communication (IBC). The native governance token for the Osmosis ecosystem is known as OSMO. At the time of writing,...

Join Our Telegram channel to stay up to date on breaking news coverage Apple quietly raked in profits as the AI revolution surges, with OpenAI’s ChatGPT app captivating the crowd.  Amidst the cheers and applause, the tech giant stood out, not at the forefront of generative AI, but still taking a substantial share of the AI pie.  OpenAI Thrives on App Store Charts Amidst Apple’s “Apple Tax” Controversy OpenAI’s venture gained momentum by introducing an iPhone app for ChatGPT, propelling it to the top of the App Store charts. In a matter of days, the app secured the number one spot in the free apps category, with Apple endorsing it as a “must-have” app under its “Essentials” category. Introducing the ChatGPT app for iOS! We’re live in the US and will expand to additional countries in the coming weeks. Android is next! https://t.co/p3PfTtxL9i — OpenAI (@OpenAI) May 18, 2023 Apple imposes a 30% cut, kn...

Also Read: NVIDIA Near To Break Into $1 Trillion Club; Will Other AI Stock Rally? advertisement Bitcoin Price Ready To Move Upward? Bitcoin (BTC), the world’s largest cryptocurrency is trading under selling pressure as its price dropped below the crucial $27K on Wednesday. However, BTC price registered a marginal surge in the last 24 hours. Bitcoin is trading at an average price of $26,272, at the press time. According to an expert, Bitcoin price is expected to mirror the massive surge registered by NVIDIA in the last 24 hours. He mentioned that the Bitcoin price is forming an Inverse Head and Shoulders pattern on the chart similar to NVIDIA . He highlighted that BTC is in the middle of creating an iHS Structure which matches the NVIDIA price chart before it registered a whooping rally. Nvidia share price jumped by 27% on Thursday leading the chip maker firm’s market valuation to approach $1 trillion club. Recommen...

Join Our Telegram channel to stay up to date on breaking news coverage XRP began the day on a bearish note, with its price dropping to a low of $0.45 within the first hour. However, it found support at the First Major Support Level (S1), at $0.4515. Subsequently, XRP experienced a recovery and reached a peak of $0.46747 during the mid-morning session. Surpassing the First Major Resistance Level (R1) at $0.4665, XRP briefly dipped below $0.4550 but soon found additional support. Ultimately, XRP concluded the day at $0.46179. Here’s today’s XRP price prediction. Ripple Case and Debt Ceiling Crisis Drive XRP’s Fate For a second session, SEC v Ripple case chatter and U.S. debt ceiling-related news dominated, influencing XRP’s performance because of the lack of updates from the ongoing case. Over the weekend, Amicus Curiae attorney John Deaton shared Exhibit 220 from the SEC vs Ripple case, which acknowledges reasonable grounds showing that XRP does not sat...

Automated crypto trading , a term that elicits excitement among seasoned traders and novices alike, is revolutionizing the cryptocurrency market. But what exactly is it? In layman’s terms, automated crypto trading involves using specially programmed software (trading bots) to buy and sell cryptocurrencies based on predefined settings automatically. Importance of Automated Crypto Trading In the fast-paced world of cryptocurrency trading, every second counts. With prices fluctuating rapidly, keeping up can be a daunting task. This is where automated crypto trading comes in. It eliminates the need for constant market monitoring, allowing you to trade 24/7, and makes trading decisions without emotional bias. Traditional Trading vs. Automated Trading Unlike traditional trading where traders have to manually analyze market trends and execute trades, automated trading takes care of these tasks. It’s like having a tireless trader who works round the clock, making sur...