Aurelia Butler

Consequently, this surge to $61,386 is considered a bullish move from Bitcoin, and it may be the start of a major price rally. Analysts are also giving bullish Bitcoin price predictions after seeing this significant recovery. For instance, prominent crypto analyst Jelle has predicted that BTC can hit $140,000 by the end of this year.Jelle concluded his tweet by predicting that the final target of this BTC cycle remains around the $140,000 level. According to estimates, the BTC price will need to surge almost 128% to hit this target from the current levels. While this may seem like a major target to achieve, BTC has already surged 109.2% over the last year.Hence, this 128% is also achievable by the leading crypto on the market. However, it may take some additional time to achieve. While this target may not come by the end of this year, it can still happen at some point in 2025. Moreover, if the broader financial scenario improves in the near future, then Jelle’s prediction may be prove right.The market impact of recent developments, like the launch of Bitcoin spot ETFs and the Bitcoin halving event, are also not cashed in yet. Many have predicted that the bullish impact will be made manifest over the long term. Consequently, it can be assumed that Bitcoin can claim a new all-time high (ATH) in the near future.This article was originally published on U.Today More

Matrix.One, the decentralized protocol accelerating the development of human-like AI characters, is thrilled to announce that their flagship product, Avatar.One, has surpassed 120,000 monthly active users worldwide since it launched earlier this year, with many of the users spending over three hours chatting with their personalized AI companions. Built on Solana, with more than 100,000 connected Solana wallets, Avatar.One enables users to easily create their ideal 3D AI companion to help fight the loneliness epidemic worldwide.Avatar.One’s avatar maker allows users to define the AI companion’s personality, choosing from hundreds of thousands of variations, and even giving it a live AI-generated voice. Users get to chat unfiltered with their characters, flirt, receive selfies and videos, and create memories together. They can even further develop the AI character’s personality by adding memories.Last year, the World Health Organization (WHO) declared loneliness a “global public health concern” that could be as bad for people’s health as smoking 15 cigarettes a day. Among the older adults, loneliness is associated with a 50% higher risk of developing dementia and a 30% increased risk of stroke.According to a Harvard University survey, 61% of Americans aged 18 – 24 experience severe loneliness. Another Harvard study conducted this year suggests that interaction with AI companions reduces loneliness on par with interacting with another human. Further studies have also revealed AI Companions can assist in social and emotional skill development.Mark Studholme, Co-Founder of Avatar.One and Matrix One, said, “I envision a future where every living person can own an AI character they define. These AI characters can help them with daily tasks, whether that be reminding you of your mom’s birthday, watching Netflix (NASDAQ:NFLX) with you on the couch, or even paying your taxes.”The loneliness epidemic is a significant problem. But with the rise in AI technology and its rate of development, it’s possible to build a future where everyone has a full-time 3D companion to help with everything from conversation to advice on cooking, reminders about important events, submitting taxes, financial management, and more. The quality of the chat experience is constantly improving and better able to emulate real human interactions as AI models get more refined.Avatar.One is powered by Matrix One’s custom built decentralized protocol, which boasts a character studio, avatar maker, and a vast library of LLMs. From this technology, 3D AI characters can be integrated with game engines such as Unreal, Unity and Three.js. Matrix One allows fully animated AI powered characters to be delivered across many different mediums including web, mobile, VR, AR and more. As a result, all avatars are downloadable for use in over 200 games and applications.Avatar.One prioritizes user safety and privacy. All interactions and user data are stored in an encrypted database using SSH and kept confidential, never to be shared with third parties. It also uses passwordless authentication to ensure that a user’s password cannot be stolen.The user growth milestone comes as Matrix.One prepares for its upcoming token generation event (TGE) on Polkastarter, Seedify and ChainGPT in the weeks before the token’s listing on centralized exchanges. The $MATRIX token enables participation and transaction within the Matrix One network, allowing users to access, create, and interact with AI characters, besides giving holders governance rights.Avatar.One is available to anyone above the age of 18 who feels AI companions can alleviate their loneliness. The platform plans to make on-chain characters available soon, allowing users to fully own their character and interaction history.About Avatar.OnePowered by Matrix.One’s custom-built decentralized protocol, Avatar.One is a 3D AI companion platform. Its mission is to deliver users the most human-like virtual companion experience possible, by using cutting-edge 3D and AI technologies.For more information, visit: Website | X | YouTube | TikTok | InstagramContactPress ContactJazz MeyerMatrix [email protected] article was originally published on Chainwire More

In his new post, the writer warned of a potential “crash landing” of the economy, suggesting that it could be the worst market downturn in history. In particular, he is concerned about the economic strategies currently being implemented by U.S. officials, whom he believes are not up to the task of dealing with the impending crisis.At the same time, it is clear from Kiyosaki’s message that he sees a big market crash, followed by a depression, as a great opportunity for those who are prepared for it. His mission, he says, is to advocate strategic financial preparation, drawing on his past experiences, including his time in Vietnam, to show that being prepared for hardship is key.He even believes that the cryptocurrency could reach a value of $1,000,000 in the near future.Kiyosaki’s prediction of a severe market crash shows that more and more investors are looking for stability in uncertain times, and they are, like him, turning to Bitcoin as a safe haven.This article was originally published on U.Today More

The Budapest-based blockchain project will be connected to Polkadot for roughly 96 weeks, from July 3, 2024, to May 8, 2026, during which it will benefit from Polkadot’s economic security and interoperability through the XCM protocol.The parachain slot was won with a placeholder runtime that will be upgraded as development progresses. Mosaic Chain plans to launch its testnet soon, which will beta-test new features, including an NFT-based Consensus Mechanism. The testnet will allow for refining these features before they are implemented on the mainnet.Mosaic Chain also plans to launch ‘Mosaic Alpha V2,’ its first decentralized application (dApp), offering decentralized portfolio management through Token Baskets that integrate tokens from Ethereum, Binance Smart Chain, and Polkadot ecosystems.Attila Vidákovics, CEO of Mosaic Chain, highlighted the importance of having a dedicated blockchain for financial services. He pointed out that existing universal blockchains often struggle with transaction processing due to competition, resulting in delays and increased costs. “When designing the Mosaic Alpha platform, extensive research revealed the lack of an ideal home for DeFi apps. Universal blockchains like Ethereum and Binance Smart Chain, while suitable for various applications, often fall short for finance due to competition for transaction processing capacity, leading to potential delays and increased costs,” said Attila.“Recognizing the need for a more reliable solution, Mosaic Chain was developed specifically for financial service providers in both Traditional Finance and Web3. This blockchain aims to create an optimal environment for financial projects to flourish and bridge the gap between the two worlds.”The intense activity and high traffic during the Polkadot auction further validate the candle auction process, a method designed to prevent last-minute sniping. The winner is chosen through the candle auction process, which randomly picked a block from the past seven days. At that moment, Mosaic Chain was in the lead.Built using the Substrate framework, Mosaic Chain will offer features such as decentralized on-chain governance, trustless interoperability, forkless runtime upgrades, and light-client support. The project’s goal is to improve the capabilities and interoperability of decentralized networks for both developers and users. More