Aurelia Butler

The latest BitDAO price analysis shows a strong bullish trend for today as more investors are entering the market and amplifying buying pressure. The bullish rally has pushed the crypto’s price to reach a new high of $0.5733 with an increase of 1.80% in the last 24 hours.The BIT/USD pair is trading along a bullish trajectory, with a market cap of $1.19 billion, and is ranked 43 on CoinMarketCap’s list of top 100 cryptocurrencies by market cap.The market cap has also surged by nearly 1.88 percent in the last 24 hours. The trading volume of the pair was seen at $15 million, indicating strong investor interest in the token. The buyers should remain cautious as the coin has recently faced multiple resistance levels that may cap its current gains. The more buying pressure that is seen, the higher chances that it will break through these levels. BIT/USD price chart, Source: Coin market cap The daily chart for BIT/USD also highlights the upward trajectory of the price and further increases in momentum may be seen over the course of the day. However, there is still some resistance on the upside around $0.5779. On the downside, strong support has been established for around $0.5622, which could prove to be a good entry point for those looking to buy the dip.Looking at the daily chart for the altcoin, the price is moving above the 20-day simple moving average (SMA) and the 50-day SMA. This indicates that buyers are in control of the market and the uptrend is likely to continue.The volatility in the market is also increasing and this sentiment could be seen the Bollinger bands widening The upper Bollinger band is at $0.6130, which could be a significant target for traders in the near future, while the lower Bollinger band is at $0.5196 which could act as a support level if the price retraces.BIT/USD daily price chart, Source: TradingViewThe relative strength index (RSI) score has advanced near the overbought territory at 57.07, signaling that the bullish momentum is strong. The RSI is moving parallel to the horizontal axis, which is a positive sign for the BIT/USD pair.Overall, with buyers firmly in control and the price surging to new monthly highs, it appears that the bullish trend will remain intact in the near term. Furthermore, support at $0.5622 should be noted for those looking to enter the market, while resistance at $0.5779 should be kept in mind for those who are taking a short-term approach.Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk, Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.The post BitDAO(BIT) Token Surges to New High as Buying Pressure Increases appeared first on Coin Edition.See original on CoinEdition More

The famous Twitter Bitcoin analyst with the online identity PlanB predicts that Bitcoin price will climb above $100,000 after the next halving event. The actual range estimate by PlanB is that Bitcoin price will be between $100,000 and $1,000,000 by 2025.PlanB’s analysis and prediction came after a poll that he conducted on Twitter to gauge the Bitcoin community’s expectations for the upcoming halving event. From 24,831 poll participants, 58.8% expect the Bitcoin price to pump after the next halving.Those who think the market has already priced in the 2024 Bitcoin halving were 11%, while 30.1% claimed not to know what the outcome would be.PlanB’s analysis agreed with the popular votes on the conducted poll. He believes that the next Bitcoin halving will bring about increased scarcity in the eyes of investors. According to him, the 2024 halving will be his guidance for the next three years in the Bitcoin market.To measure scarcity, PlanB deploys the Stock-to-Flow (S2F) model, which currently stands at 110. He notes that Bitcoin’s S2F is at a similar level to what it was during the previous halving events in 2012, 2016, and 2020, the result of which was significant bull runs that pushed Bitcoin price to new levels.Bitcoin halving is an event that cuts Bitcoin mining rewards in half. It is part of the original algorithm of the Bitcoin protocol that counteracts inflation by checking scarcity. Bitcoin halving occurs after every four years. The first halving happened in 2012 when the mining reward slashed from 25 BTC to 12.5 BTC. In 2016, Bitcoin experienced a second halving, which reduced the mining reward to 6.25 BTC. The last halving happened in 2020, with the mining reward further reduced to 3.125 BTC. Bitcoin is preparing for its fourth halving event, which will happen in March 2024. It will reduce the mining reward to 1.5625 BTC. The halving process reduces the rate of introducing new Bitcoins into the network. Hence, the inflation control and scarcity check. Bitcoin halving will continue until the last of all 21 million created Bitcoins is mined. Users expect this to happen around the year 2140.The post Bitcoin to Trade Between $100K and $1M After 2024 Halving: PlanB appeared first on Coin Edition.See original on CoinEdition More

The cryptocurrency exchange carried out a global survey in the lead-up to the annual romantic holiday, with 2,600 participants weighing in on the importance of an interest in crypto in potential partners. If the data is to be believed, having an avid interest in the space could be an important factor in a relationship with like-minded partners.Continue Reading on Coin Telegraph More

SingularityNET (AGIX) is a blockchain-powered platform that allows anyone to easily “build, share, and monetize” Artificial Intelligence services. SingularityNET’s marketplace encourages users to browse, evaluate, and purchase AI services using SingularityNET’s native token, AGIX.The SingularityNET team pioneered the evolution of Artificial Intelligence, which is known as Sophia, the most expensive robot in the world. SingularityNET’s goal is to enable Sophia to comprehend human language and consistently develop “OpenCog completely.” Open Cog is an Artificial Intelligence framework and a diverse grouping of cognitive algorithms, with each algorithm symbolizing their innovation.If you are interested in the future of AGIX and want to know its predicted value for 2023, 2024, 2025, and 2030, keep reading!SingularityNET is a blockchain-powered platform that, through its globally accessible AI marketplace, enables anyone to easily “create, share, and monetize” AI services.Users can browse, test, and purchase a wide range of AI services via the SingularityNET marketplace using the platform’s native utility token, AGIX. Furthermore, the marketplace provides an outlet for AI developers to publish and sell their AI tools, as well as easily track their performance.The SingularityNET team pioneered the development of Sophia, the “world’s most expressive robot,” according to the company. SingularityNET’s goal is to enable Sophia to fully understand human language and to continue developing “OpenCog” — an AI framework that is hoped will eventually achieve “advanced general intelligence,” i.e. human-level intelligence.SingularityNET is the first platform that allows developers to easily sell their AI tools and libraries and allows buyers to test any AI service provided on the marketplace before making a payment.Furthermore, those who need specific AI services can access SingularityNET’s extensive community of AI specialists via the Request for AI portal (RFAI), which allows customers to easily commission a new AI tool while developers earn AGIX tokens by filling these requests.The AGIX token’s utility has evolved alongside the development of the SingularityNET ecosystem. SingularityNET launched its SingularityNET Enhancement Proposal (SNEP) feature in October 2020, allowing AGIX holders to vote on changes to the network’s operations.AGIX is an ERC-20 token, supported by the Ethereum PoW consensus algorithm and a battle-tested network of tens of thousands of nodes and miners. The Ethereum network has never been successfully attacked and is regarded as one of the most secure networks currently in operation.SingularityNET’s team has hinted that it may move to another blockchain in the future, and it recently announced that it was investigating the possibility of launching on the delegated proof-of-stake (dPoS) Cardano blockchain.A crypto analyst tweeted that the altcoin, AGIX has more room to pump which is giving more hope to hodlers.According to CoinMarketCap, SingularityNET (AGIX) is hovering over $0.424 at the time of writing, with a total of 1,204,086,731 AGIX in circulation. AGIX has a 24-hour trading volume of $326,604,673, with a 108.88% increase. And during the past 24 hours, the price of AGIX increased by 3.57%. The most popular exchanges to trade SingularityNET (AGIX) are Binance, KuCoin, Uniswap, CoinEx, and Bitrue. Let’s continue with our AGIX price research for 2023.By market capitalization, AGIX ranks 81st on CoinMarketCap’s list of the biggest cryptocurrencies. Will SingularityNET’s most recent improvements, additions, and modifications help the AGIX price rise? First, let’s focus on the charts in this article’s AGIX price forecast.SingularityNET (AGIX) Price Analysis – Keltner ChannelAGIX/USDT 1-Day Chart Showing Keltner Channel (Source: TradingView)When volatility bands are positioned on either side of an asset’s price, it is possible to determine a trend with the help of the Keltner Channel. SingularityNET (AGIX) price can be predicted using the Keltner Channel indications for AGIX/USDT. The price is in the first half of the channel, meaning people are buying AGIX rather than selling. For a better risk-free scenario, we should wait for a downturn or a better entry point to improve the reward-to-risk ratio.SingularityNET (AGIX) Price Analysis – Relative Strength IndexAGIX/USDT 1-Day Chart Showing Relative Strength Index (Source: TradingView)During uptrends, the RSI tends to remain more stable than during downtrends. It makes sense, considering that the RSI tracks gains and losses. During an uptrend, there are more significant gains, maintaining a higher RSI.In contrast, the RSI tends to linger at lower levels. The Relative Strength Index (RSI) is at the level of 62.08, indicating that sooner or later, it will reach the RSI level of 70 and is expected for a few price retracements soon.SingularityNET (AGIX) Price Analysis – Moving AverageAGIX/USDT 1-Day Chart Showing 200-MA and 50-MA (Source: TradingView)Above is a 1-Day SingularityNET (AGIX) 200-day and 50-day Moving Averages (MAs) chart. Looking at the chart above, AGIX is going bullish after a golden cross formed at the start of 2023. Moreover, the AGIX 50-day MA is above the 200-day MA (long-term), indicating that the market is bullish.However, the distance between the two moving averages is getting wide after crossing, indicating that there is more place for the market to rise. For an excellent risk-to-reward ratio, it is better to wait for a few reversal patterns for crypto investors to lower the risk. AGIX/USDT 1-Day Chart (Source: TradingView)Looking at the daily chart of AGIX/USDT, the AGIX price was swinging from $0.1613 to $0.6637 within the past 30 days after going to its lowest of the month at $0.1613. Bouncing back from the support level, AGIX is now trading above the 200-MA after breaking out of it and trading above since the start of 2023.Meanwhile, our long-term AGIX price prediction for 2023 is bullish if it cannot break the support level. We can expect AGIX to reach $3.27 this year.SingularityNET (AGIX) Price – Resistance and Support LevelsAGIX/USDT 1-Day Chart (Source: TradingView)The chart above shows that the price of AGIX has increased in the past few weeks. Moreover, at press time, AGIX has been up by 3.71% in the past 24 hours. Suppose this price increase is the initiative for the bull run. It might be breaking its $0.63432 resistance 1 level and increasing above $1.5.If AGIX cannot break the $0.63432 resistance 1 level, the bears may seize control and dethrone AGIX to a downtrend stance. In simple terms, the price of AGIX might fall to almost $0.16546, indicating a negative signal from the previous support level.There will be Bitcoin halving in 2024, and hence we should expect a positive trend in the market due to user sentiments and the quest by investors to accumulate more of the coin. Since the Bitcoin trend affects the direction of trade of other cryptocurrencies, we could expect AGIX to trade at a price not below $7.135 by the end of 2024.We should expect the price of AGIX to trade above its 2024 price due to the possibility of most cryptocurrencies breaking more psychological resistance levels due to the Bitcoin halving over the previous year. Hence, AGIX could end 2025 by trading at around $10.9410.Since the maximum supply of AGIX is approached by 2026, the bearish market that follows a solid bullish run impacts its previous price due to the entrance of more institutional investors to its platform. With this, the cost of AGIX could break the usual trend and trade at $14.5 by the end of 2026.Investors expect a bullish run next year, 2028, due to Bitcoin halving. Hence, the price of AGIX could consolidate on the previous gains and even break more psychological resistance levels due to investors’ positive sentiment. Therefore, AGIX could trade at $18.19 by the end of 2027.In 2028, there will be Bitcoin halving. Hence, the consolidating market in 2027 could be followed by a bullish run. This is due to the impact of news surrounding any year of Bitcoin halving. It is, therefore, possible that the market could attain higher high values. SingularityNET (AGIX) could hit $21.81 by the end of 2028. By 2029, there could be much stability in the price of most cryptocurrencies that had stayed for over a decade. This is due to implementing lessons learned to ensure their investors retain the project’s confidence. This impact, coupled with the price surge that follows a year after Bitcoin halving, could surge the price of AGIX to $25.4423 by the end of 2029.The cryptocurrency market experienced high stability due to the holding activities of early investors so as not to lose future gains in the price of their assets. We could expect the price of SingularityNET (AGIX) to trade at around $29.06 by the end of 2030, irrespective of the previously bearish market that followed a market surge in the earlier years.According to our long-term AGIX price estimate, AGIX prices could reach a new all-time high this year. If the current growth rate continues, we could anticipate an average price of $69 by 2040. If the market turns bullish, the price of AGIX could go up beyond what we predicted for 2040.According to our AGIX forecast, the average price of AGIX in 2050 might be above $153. If more investors are drawn to AGIX between these years, the price of AGIX in 2050 could be far higher than our projection.AGIX might reach $3 in 2023 and $29 by 2030 if investors decide that AGIX is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.What is SingularityNET (AGIX)? SingularityNET is a blockchain-powered platform that, through its globally accessible AI marketplace, enables anyone to easily “create, share, and monetize” AI services.Users can browse, test, and purchase a wide range of AI services via the SingularityNET marketplace using the platform’s native utility token, AGIX. Furthermore, the marketplace provides an outlet for AI developers to publish and sell their AI tools, as well as easily track their performance.The SingularityNET team pioneered the development of Sophia, the “world’s most expressive robot,” according to the company. SingularityNET’s goal is to enable Sophia to fully understand human language and to continue developing “OpenCog” — an AI framework that is hoped will eventually achieve “advanced general intelligence,” i.e. human-level intelligence.How to buy AGIX tokens? AGIX can be traded on many exchanges like other digital assets in the crypto world. Binance, KuCoin, Uniswap, CoinEx, and Bitrue are currently the most popular cryptocurrency exchanges for trading AGIX. Will AGIX surpass its current ATH? Since AGIX provides investors with several opportunities to profit from their crypto holdings, it seems to be a good investment in 2023. Notably, AGIX has a high possibility of surpassing its current ATH in 2024.Can AGIX reach $10 soon? AGIX is one of the few active crypto assets that continue to rise in value. As long as this bullish trend continues, AGIX might break through $5 and reach as high as $10. Of course, if the current market favoring crypto continues, it will likely happen.Is AGIX a good investment in 2023? AGIX is expected to continue its upward trend as one of the fastest-rising cryptocurrencies. We may also conclude that AGIX is an excellent cryptocurrency to invest in this year, given its recent partnerships and collaborations that have improved its adoption.What Is the lowest price of AGIX? The lowest AGIX price is $0.007497, attained on March 13, 2020, according to CoinMarketCap.Which year was AGIX launched? AGIX was launched in 2018.Who are the co-founders of AGIX? Dr. Ben Goertzel co-founded AGIX.What is the maximum supply of AGIX? The maximum supply of AGIX is 2,000,000,000 AGIX.How do I store AGIX? AGIX can be stored in a cold wallet, hot wallet, or exchange wallet.What will be the AGIX price in 2023? AGIX price is expected to reach $3 by 2023.What will be the AGIX price in 2024? AGIX price is expected to reach $7.315 by 2024.What will be the AGIX price in 2025? AGIX price is expected to reach $10.9410 by 2025.What will be the AGIX price in 2026? AGIX price is expected to reach $14.5 by 2026.What will be the AGIX price in 2027? AGIX price is expected to reach $18.19 by 2027.What will be the AGIX price in 2028? AGIX price is expected to reach $21.81 by 2028.What will be the AGIX price in 2029? AGIX price is expected to reach $25.88 by 2029.What will be the AGIX price in 2030? AGIX price is expected to reach $29.06 by 2030.What will be the AGIX price in 2040? AGIX price is expected to reach $69 by 2040.What will be the AGIX price in 2050? AGIX price is expected to reach $153 by 2050.Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.The post SingularityNET Price Prediction 2023-2030: Will AGIX Price Hit $3.5 Soon? appeared first on Coin Edition.See original on CoinEdition More

Crypto influencer Lark Davis recently tweeted about the hype of AI cryptocurrencies and the insane gains of these coins. Davis also digs deep into the utilities of these AI coins, apart from the recent ChatGPT buzz.The Graph (GRT) is the top AI coin, according to CoinMarketCap, with a gain of 18.5% in the last 24 hours and 109% in the last 30 days. GRT is a data indexing protocol that works across 26 networks. SingularityNET (AGIX) comes in second, with a 12.54% gain in the last 24 hours and a 137% gain in the last 30 days. AGIX has an AI marketplace that is currently working on OpenCog Hyperon and can revolutionize the AI realm.Oasis Network (ROSE) comes third on the list and has had a gain of 16% over the last 24 hours and 60% over the last 30 days. Oasis is a layer 1 blockchain that has even partnered with Facebook (NASDAQ:META) to assess its AI products.Davis mentioned in his tweet thread that the AI hype is real and that we all could be looking at a massive AI bubble forming in the coming years. With Microsoft (NASDAQ:MSFT) and ChatGPT creating the hype and Google (NASDAQ:GOOGL) diving into it, the AI game is just getting started.Davis also cautioned investors to be cautious when chasing the hype and to take the time to look for discounts rather than buying at the peak. He also asked investors to evaluate the token models to see if they could provide long-term value.Davis stated:The crypto analyst also added that owning a token is not even close to the same as owning a stock in most cases.The post Crypto Analyst Points Out Major AI Crypto with Insane Gains appeared first on Coin Edition.See original on CoinEdition More

As the devastating impact of what was perhaps the most deadly earthquake in recent times unfolds in Turkey and neighboring countries, collective aid is pouring in from all corners of the world. The crypto community, known for its timely response to disasters, evidenced by its efforts during the Ukraine-Russia war, has banded together to offer its help to the victims of the heart-wrenching crisis.Among the influx of humanitarian aid are STRMNFT’s recent efforts. Through a campaign titled, “Pray for Turkey,” the NFT marketplace aims to gather and subsequently lend its contributions to the victims of the earthquake that has now killed over 40,000 and left countless homeless. This emergency initiative consists of 10,000 NFTs minted on the STRMNFT marketplace for the purpose of donating to trusted organizations to aid the people of Turkey.All proceeds from the Pray for Turkey NFTs will be directed toward the relief efforts. Priced at only 800 STRM, these NFTs do not incur royalty fees; neither are they resalable. Owning these NFTs, however, denotes users’ contribution to easing the burden on survivors and their families.Launched early last year, the STRMNFT Marketplace is known for being the home of the Lady Ape Club NFT collection. Since its inception, the platform has seen a flood of new users actively trying out the platform’s features and services.STRMNFT is one among several organizations in the crypto space that have rallied to offer help to the inhabitants of Turkey, a country that was already ravaged by double-digit inflation even before the earthquake. Binance has arranged for a total of $5 million and Avalanche has donated $1 million to disaster relief efforts. Justin Sun, reportedly contributed TRON tokens worth $60,000 and the Ethereum chain has procured $1.2 million in donations. These form only the tip of the iceberg as donations continue to pour in.Although donations are being rushed in from several humanitarian groups and organizations, the complexities of logistical challenges, frigid weather conditions, and the dangers of rebel-posed threats plague rescue efforts. One such challenge for crypto donations is the regulatory hurdles in the region. To counteract this obstacle, blockchain bodies in Turkey have signed a petition, asking authorities to make crypto-donations acceptable in Turkey.The post Pray for Turkey: Nonprofit NFTs by STRMNFT to Help Quake Victims appeared first on Coin Edition.See original on CoinEdition More

The Ripple blockchain has said it will donate a $1 million humanitarian fund in crypto to support non-governmental organizations (NGOs) providing relief to the earthquake victims in Turkey and Syria.Ripple announced this intention early today on Twitter, stating the $1 million offering will be in two parts. The first will be $250,000 in XRP tokens, while the $750k left will be to match other donations from the crypto community in a ratio of 2:1.Ripple also noted that the fund support would be shared equally among four NGOs — CARE.org, Mercy Corps, and International Rescue Committee (IRC), as well as World Central Kitchen, which works with local chefs and restaurants to feed survivors and first responders.Notably, other blockchains like Avalanche and Ethereum have also contributed to humanitarian support in Turkey and Syria.In the last six days, major crypto exchanges, including Binance, Bitfinex, OKX, and Kucoin, have pledged over $9 million in donations to aid the victims of the massive earthquakes that hit Turkey and Syria early this month.Binance, the largest crypto exchange, airdropped $100 in BNB, or 1,883 in Turkish lira, to its users in the Turkey earthquake regions. According to official reports, the total donation was $5 million, equivalent to 94 million Turkish lira.In a related development, the Ukrainian government and NGOs supporting the military have raised over $63 million through more than 120,000 crypto asset donations since the start of the Russian invasion.The post Ripple Plans To Double Crypto Donations to Turkey, Syria appeared first on Coin Edition.See original on CoinEdition More