Cryptocurrency

The move downwards pushed XRP’s market cap down to $33.46332B, or 1.98% of the total cryptocurrency market cap. At its highest, XRP’s market cap was $83.44071B.XRP had traded in a range of $0.51772 to $0.63917 in the previous twenty-four hours.Over the past seven days, XRP has seen a stagnation in value, as it only moved 1.52%. The volume of XRP traded in the twenty-four hours to time of writing was $1.40463B or 1.92% of the total volume of all cryptocurrencies. It has traded in a range of $0.5177 to $0.6569 in the past 7 days.At its current price, XRP is still down 84.26% from its all-time high of $3.29 set on January 4, 2018.Bitcoin was last at $40,888.3 on the Investing.com Index, down 6.59% on the day.Ethereum was trading at $2,127.25 on the Investing.com Index, a loss of 7.56%.Bitcoin’s market cap was last at $857.41562B or 50.80% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $277.61190B or 16.45% of the total cryptocurrency market value. More

The move downwards pushed Litecoin’s market cap down to $5.322B, or 0.32% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B.Litecoin had traded in a range of $66.061 to $73.597 in the previous twenty-four hours.Over the past seven days, Litecoin has seen a drop in value, as it lost 4.65%. The volume of Litecoin traded in the twenty-four hours to time of writing was $347.927M or 0.48% of the total volume of all cryptocurrencies. It has traded in a range of $66.0610 to $77.7636 in the past 7 days.At its current price, Litecoin is still down 84.27% from its all-time high of $420.00 set on December 12, 2017.Bitcoin was last at $42,439.6 on the Investing.com Index, down 6.59% on the day.Ethereum was trading at $2,209.95 on the Investing.com Index, a loss of 7.56%.Bitcoin’s market cap was last at $857.416B or 50.80% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $277.612B or 16.45% of the total cryptocurrency market value. More

The company conducted market research and discovered that there was a growing interest around bitcoin which was accelerated by the coronavirus pandemic and complex geopolitics. This informed our decision to allow customers to pay for our products and services using bitcoin, and to better meet the growing demand for Web 3 and Artificial Intelligence in the near future.”We’re always looking for ways to improve and expand our services. This move represents an investment in the company’s digital future in response to growing customer demand for more choice when it comes to payments”, said Denton Peng, Chairman and CEO of Phoenix Motorcars. More

Davos Space IoT and Cybersecurity Event: WISeSat and SEALSQ “Exploring the Final Frontier: Security in the Space IoT Era”SEALCOIN is designed as a groundbreaking solution for the emerging Machine-to-Machine (M2M) economy, facilitating seamless data and currency exchanges among billions of internet-connected devices. This innovative protocol enables IoT structures from various companies to autonomously interact and access a wide range of services, transcending conventional currency exchange to encompass a complex network of IoT-enabled transactions and services.While individual traders can engage with SEALCOIN similarly to other cryptocurrencies, its principal value lies in transforming the economic operations and communications within IoT devices. The introduction of SEALCOIN marks a pivotal moment in the evolution of M2M payments, reshaping the digital transaction landscape within the IoT sphere.The event will delve into the burgeoning Space IoT, combining the expansive potential of space exploration with IoT practicality. With satellites and space technologies increasingly integrating into our daily IoT networks, addressing cybersecurity challenges has become more urgent and complex. Esteemed experts from aerospace, cybersecurity, and satellite communications sectors will discuss strategies to protect these vital assets from cyber threats, ensuring data integrity, post-quantum safety, and secure communications essential to our modern lifestyle.Attendees Include:The event will be moderated by Carlos Moreira, founder, chairman, and CEO of WISeKey International Holding Ltd. (“WISeKey”) (WIHN, NASDAQ: WKEY), the parent company of SEALSQ. More

The main network layer of Ethereum has faced significant challenges in scaling to meet the demands of its growing user base and application field. High gas fees and network congestion have highlighted the limitations of the current infrastructure, making the need for efficient L2 solutions more pressing than ever. These L2 networks are designed to offload the burden from the mainnet, offering faster transactions and lower fees, making them an attractive alternative for developers.ETH/USD chart by This shift toward L2 networks does not just represent a stop-gap solution but is becoming integral to Ethereum’s future. It is reasonable to expect that the initial signs of a rally within the Ethereum ecosystem will emerge on these scalable platforms. They are set to be the breeding ground for innovation and the go-to space for new projects in DeFi, NFTs and beyond.The new road map, as outlined by Vitalik Buterin, underscores this transition. Key updates to the road map include the solidification of single slot finality (SSF) in post-Merge proof of stake (PoS) improvements, which aims to enhance the efficiency and security of the network. Buterin has also highlighted the importance of cross-rollup standards and interoperability as areas requiring long-term development. These would enable seamless communication and transaction execution across different L2 solutions, furthering the composability of the ecosystem.Further developments such as the redesign of The Scourge, the nearing readiness of Verkle trees for inclusion, and the shrinking of “state expiry” to reflect a broader consensus show a commitment to continuous improvement. Additions like deep cryptography, including obfuscation and delay-encrypted mempools, suggest a forward-looking approach to security and privacy within the network.This article was originally published on U.Today More

However, Bitcoin is not the only crypto asset that is performing well in the new year. Some of the crypto tokens related to artificial intelligence (AI) are also on a bullish run, outperforming the broader crypto market. Among them, Render (RNDR) andare two notable examples., the crypto token that powers the Render Network, has increased by about 9% in the previous 24 hours, reaching a high of $5.08 in today’s trading session. The token has a market valuation of $1.83 billion, ranking it 50th in terms of cryptocurrency market capitalization.The Graph (GRT) token, which powers The Graph Network, a decentralized protocol that enables users to query and index data from various blockchains — such as Ethereum, Solana and Polkadot — has risen 12% in the last 24 hours, reaching highs of $0.225 on Jan. 2, 2024.GRT and RNDR tokens were trading at $0.213 and $4.895, respectively, at the time of writing.According to an end-of-year study, artificial intelligence (AI) emerged as the most popular crypto narrative in 2023, accounting for 11.3% of crypto narrative interest in the past year.Following the debut of ChatGPT in November 2022, AI interest and related activities gained traction in the tech industry. This enthusiasm has spilled over into the cryptocurrency world, drawing attention to AI-related coins.Among AI tokens, Akash Network (AKT) rose the most, reaching an all-time high of 13 times its Jan. 1, 2023, price. Render (RNDR), the largest AI token by , followed next, with its price increasing by up to 12 times at its 2023 yearly high.This article was originally published on U.Today More

While Cramer’s question may not carry immediate consequences, enthusiasts, well acquainted with his bearish views on the digital asset, could not help but dissect the potential implications.Cramer’s skepticism has, in the past, given rise to the “Inverse Cramer” phenomenon, where investors often opt to take the opposite stance to his predictions. This contrarian strategy gained significant traction, leading to the creation of an Inverse Cramer ETF in October 2022 by investment firm TUTTLE.BTC to USD by Over the past calendar year, BTC’s capitalization has surged by an astonishing 277%, surpassing the half-trillion-dollar mark.As the crypto market watches Cramer’s skepticism play out, the question lingers: will the continue its upward trajectory in 2024, defying the doubts raised by one of its most vocal critics?This article was originally published on U.Today More

The main network layer of Ethereum has faced significant challenges in scaling to meet the demands of its growing user base and application field. High gas fees and network congestion have highlighted the limitations of the current infrastructure, making the need for efficient L2 solutions more pressing than ever. These L2 networks are designed to offload the burden from the mainnet, offering faster transactions and lower fees, making them an attractive alternative for developers.ETH/USD chart by This shift toward L2 networks does not just represent a stop-gap solution but is becoming integral to Ethereum’s future. It is reasonable to expect that the initial signs of a rally within the Ethereum ecosystem will emerge on these scalable platforms. They are set to be the breeding ground for innovation and the go-to space for new projects in DeFi, NFTs and beyond.The new road map, as outlined by Vitalik Buterin, underscores this transition. Key updates to the road map include the solidification of single slot finality (SSF) in post-Merge proof of stake (PoS) improvements, which aims to enhance the efficiency and security of the network. Buterin has also highlighted the importance of cross-rollup standards and interoperability as areas requiring long-term development. These would enable seamless communication and transaction execution across different L2 solutions, furthering the composability of the ecosystem.Further developments such as the redesign of The Scourge, the nearing readiness of Verkle trees for inclusion, and the shrinking of “state expiry” to reflect a broader consensus show a commitment to continuous improvement. Additions like deep cryptography, including obfuscation and delay-encrypted mempools, suggest a forward-looking approach to security and privacy within the network.This article was originally published on U.Today More