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Over this week, the crypto industry is at risk due to the back-to-back lawsuit from SEC against the major crypto

The News Crypto

Australian Commonwealth Bank Made a Checkmate for Crypto Payments

Regulatory concerns continue to impact the entire crypto market and this week’s BTC options expiry could play a decisive role in pushing Bitcoin price under $26,000.

CoinTelegraph

Bitcoin rebound falters amid SEC crackdown on exchanges, raising chance of a BTC price capitulation

Hong Kong is consistent with banks and all businesses and will not set higher thresholds for virtual asset platforms alone.

Chaindd

Hong Kong Will Not Set Higher Bank Account opening thresholds for Virtual Asset Platforms

Heath Tarbert will serve as the company's chief legal officer and head of corporate affairs, bringing experience with all three branches of government.

Circle hires former CFTC, US Treasury executive as chief legal officer

HBAR Price Prediction 2023-2032 Hedera Hashgraph is a trending cryptocurrency focused on providing a sustainable, enterprise-grade blockchain. The asset has been performing extremely well recently, prompting investors everywhere to search for a Hedera Hashgraph price prediction. So that is a heads-up in crypto winter despite the doom which tends to pull everyone else connected to ... Read more

Cryptopolitan

HBAR Price Prediction 2023-2032: Hedera Hashgraph Soon to Retest its ATH?

More downward pressure could be likely for LTC after rejection from an FVG zone alongside a weak BTC.

AMB Crypto

Why Litecoin might falter at this bearish zone

The intersection of artificial intelligence (AI) and cryptocurrency has opened up exciting possibilities for investors. As AI continues to revolutionize various industries, AI-focused cryptocurrencies have emerged as potential game-changers. In this article, we will explore five AI coins that have the potential to transform investors' financial lives. 1. Fetch.ai (FET): Fetch.ai aims to create a decentralized network that enables machines to exchange data, services, and value autonomously. By combining AI, blockchain, and multi-agent systems, Fetch.ai facilitates the development of intelligent decentralized applications (DApps). With its focus on autonomous machine-to-machine communication and economic transactions, Fetch.ai presents a compelling investment opportunity in AI. 2. InQubeta (QUBE): InQubeta combines the power of AI and blockchain to create a unique ecosystem for AI startups and investors. With its NFT marketplace and crowdfunding platform, InQubeta enables investors to back and invest in promising AI projects. By leveraging QUBE tokens, investors can participate in the success of AI startups and benefit from their growth. InQubeta's focus on AI and its innovative approach to crowdfunding makes it an intriguing investment opportunity in the AI coins space. InQubeta is also currently in its presale, with the project raising more than $300,000 within a few weeks of launch. Interested participants can purchase the token using popular tokens like Ethereum, Bitcoin and USDT on the presale portal. In addition, the minimum presale amount is pegged at $50, making it accessible to all types of investors. Visit InQubeta Presale 3. SingularityNet (AGI): SingularityNet envisions a global AI marketplace where developers, businesses, and individuals can access and exchange AI services. By leveraging blockchain technology, SingularityNet aims to create a decentralized network that democratizes access to AI. With its AI-as-a-Service platform, SingularityNet enables developers to monetize their AI algorithms and allows users to benefit from diverse AI capabilities. 4. Injective Protocol (INJ): Injective Protocol is a decentralized exchange (DEX) that enables the trading of synthetic assets, including AI-related financial products. By leveraging layer-2 technology, Injective Protocol offers fast and secure trading with near-zero gas fees. As the demand for AI-related financial instruments grows, Injective Protocol provides a unique investment opportunity in the AI coins market. 5. The Graph (GRT): The Graph is an indexing protocol that allows developers to efficiently access blockchain data. By providing APIs and a query language, The Graph simplifies the process of extracting and utilizing blockchain data for building decentralized applications. With the increasing adoption of blockchain technology and the need for efficient data processing, The Graph has the potential to become a critical infrastructure in the AI and blockchain ecosystem. Visit InQubeta Presale Bottom Line In conclusion, the emergence of AI-focused cryptocurrencies has opened up new avenues for investors. Fetch.ai, SingularityNet, Injective Protocol, The Graph, and InQubeta are five AI coins that hold the potential to revolutionize the AI industry and change investors' financial lives forever. Investing in these AI coins comes with both potential rewards and risks. It is crucial for investors to conduct thorough research, assess the fundamentals of each project, and evaluate market trends before making investment decisions. Additionally, staying updated with the latest developments and news in the AI and cryptocurrency sectors is essential to make informed investment choices. Visit InQubeta Presale Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Crypto Daily

Top-5 AI Coins That Might Change Investors' Financial Lives Forever!

Cryptocurrency exchange Kraken has officially launched its NFT marketplace out of beta testing, supporting over 250 NFTs across the Ethereum, Solana and Polygon blockchains.

CoinDesk

Kraken NFT Marketplace Launches With Support for Ethereum, Solana and Polygon Collections

A long-dormant Bitcoin whale has resurfaced after 10 years, amassing an astounding profit of around $38 million.

ZyCrypto

10-Year Dormant Bitcoin Whale Emerges, Rakes In Astonishing $38 Million Profit

The post Breaking: Binance CEO Issues Open Letter to Tackle SEC’s ‘Absurd’ Use of Leaked Chats as Evidence appeared first on Coinpedia Fintech News In the midst of a storm stirred by a lawsuit from the Securities and Exchange Commission (SEC), Binance CEO Changpeng Zhao (CZ) has penned an open letter to his employees. The letter, a beacon of transparency and resilience, addresses the allegations head-on, clarifies misconceptions led by recent leaked chats, and reaffirms Binance’s unwavering commitment to …

coinpedia

Breaking: Binance CEO Issues Open Letter to Tackle SEC’s ‘Absurd’ Use of Leaked Chats as Evidence

Bitcoin saw a small pop this morning on weaker-than-expected weekly initial jobless claims, rising from under $26,500 to at one point above $26,800. Claims jumped to 261,000 last week, up from 233,000 a week earlier, marking the second-highest reading of the year. While 261,000 initial claims in one week isn’t a disastrous number, it is another sign that momentum in the US labor market, which has been strong up until this point, is starting to wane.... Read More: Bitcoin Reverses Post-US Jobs Data Upside as SEC Chair Gensler Lambasts Crypto Indsutry – Where Next for BTC Price?

cryptonews

Bitcoin Reverses Post-US Jobs Data Upside as SEC Chair Gensler Lambasts Crypto Indsutry – Where Next for BTC Price?

The request to upgrade to v2.1.0 Parity put out by the core development group Joint L1 Task Force (L1TF) was

Terra Classic Community Unanimously Approves Upgrade to v2.1.0

Cardano blockchain builder Input Output Global (IOG) has rejected the U.S. Securities and Exchange Commission’s (SEC) claims that ADA is a security.

Cardano Devs Vigorously Dispute SEC’s Classification of ADA as a Security as Robinhood Mulls Delisting Coin

Bittrex owes $29 million on penalties for sanctions violations and may still face penalties in a case brought by the SEC.

US DOJ opposes bankrupt Bittrex’s plan to repay customers ahead of credited fines

Some experts believe the Singularity could occur within the next decade, although the implications for this event are broadly unknown and speculative.

Decrypt

What Are the Dangers of AI?

As the cryptocurrency market continues to grow and more coins enter the market, it is easy to lose track of which coins you should invest in due to the many options available. But in 2023, you don’t need to worry about where to put your money for the best returns. Filecoin, Toncoin, and DigiToads are …

CryptoNewsZ

The crypto market trio to watch in 2023: Toncoin, Filecoin, and DigiToads

Ray Dalio – a billionaire and the founder of Bridgewater Associates – has never been a big bitcoin fan. He doesn’t seem to care for it, and he also doesn’t really seem to understand it. Ray Dalio Isn’t Quite Feeling It When It Comes to BTC Per his latest interview, it becomes apparent that this ... The post Ray Dalio Still Doesn’t Think Much of Bitcoin appeared first on Live Bitcoin News .

Live Bitcoin News

Ray Dalio Still Doesn’t Think Much of Bitcoin

The Cardano (ADA) price experienced a decline, breaking below the $0.33 level. This downward movement has resulted in bears gaining control of the market. ADA has lost around 4% of its value in the past 24 hours and has seen a weekly plunge of approximately 10%. The technical outlook for ADA indicates a bearish intent for the altcoin. Demand and accumulation have significantly decreased on the chart, reflecting a lack of buying interest. The overall market sentiment has remained negative, with Bitcoin also exhibiting volatility. Most other altcoins have followed a similar downward trend. For ADA to initiate a recovery, it would require renewed buying interest in the upcoming trading sessions. Otherwise, there is a possibility that ADA may reach a multi-month low. The recent news of the SEC suing Coinbase and Binance US has had a notable impact on market sentiment, fueling further selling pressure. Related Reading: Shiba Inu Breaks Below This Formation: Signals Potential Further Losses The overhead resistance for ADA is crucial, and breaching that level would be necessary for the altcoin to revive its price. The decline in the market capitalization of ADA suggests that sellers are dominating the market currently. Cardano Price Analysis: One-Day Chart As of the time of writing, ADA was trading at $0.32. In recent trading sessions, ADA broke below the long-standing support line at $0.33, suggesting a potential continuation of the downtrend. The key overhead resistance at $0.33 becomes important for ADA to regain bullish momentum and surpass $0.38. However, if ADA fails to sustain its current price level, there is a possibility of a further decline below $0.30, potentially revisiting its March low of $0.29. The trading volume for ADA in the last session is already lower, indicating weaker buying strength in the market. Technical Analysis As ADA broke below the crucial $0.33 support line, buyers’ confidence diminished, leading the coin to hover around the oversold zone. The Relative Strength Index (RSI) is currently below the half-line and near the 30-mark, indicating nearly oversold conditions. If sellers exert further pressure, ADA may enter the oversold territory. Additionally, ADA is trading below the 20-Simple Moving Average (SMA), indicating that sellers are driving the price momentum in the market. In alignment with other bearish indicators, ADA formed sell signals on the one-day chart. The Moving Average Convergence Divergence (MACD), a momentum indicator, displayed red histograms that are associated with sell signals for the altcoin. Related Reading: Chainlink Bulls Must Uphold This Critical Support Line For Potential 8% Rally This suggests a weakening bullish momentum. The Bollinger Bands, which measure volatility, have diverged significantly. This indicates the potential for price fluctuations and increased volatility in the upcoming trading sessions. Featured Image From UnSplash, Charts From TradingView.com

NewsBTC

Cardano Price Threatens Multi-Month Low Unless Bulls Defend This Support

Shiba Inu and Matic show surprisingly similar performance

U.Today

Cardano Announces Launch of Project Catalyst: Details

XRP stays above $0.50 despite SEC lawsuits; Ali Charts warns of social media impact and potential downside for XRP’s price. Following the recent lawsuits filed by the US Securities and Exchange Commission (SEC) against major crypto exchanges Binance and Coinbase, the price of XRP has stayed above $0.50, in contrast to the widespread dip that The post Top Analyst Says This Sign May Not Be Good For XRP first appeared on The Crypto Basic .

The Crypto Basic

Top Analyst Says This Sign May Not Be Good For XRP

Venezuela’s independent news site, Efecto Cocuyo (EC), has launched a collection of Non-Fungible Tokens (NFTs) to fundraise and shed light on digital censorship it faces in the country. Founded in 2015, EC is now considered one of Venezuela’s top news…

nft.news

Venezuelan News Site uses NFTs to highlight Government Censorship

Just a day after filing a 136-page complaint against Binance, the U.S. Securities and Exchange Commission (SEC) filed a motion for a temporary restraining order to freeze assets tied to the US arm of the world’s largest crypto exchange. On Monday, the SEC filed 13 charges against Binance and its CEO Changpeng Zhao over what The post SEC Seeks To Freeze Binance.US Assets Hours After Filing Lawsuit Against the Crypto Exchange appeared first on The Daily Hodl .

The Daily Hodl

SEC Seeks To Freeze Binance.US Assets Hours After Filing Lawsuit Against the Crypto Exchange

Kraken, one of the largest cryptocurrency trading platforms, has formally transitioned its NFT platform from Beta to an official launch. Kraken NFT is being touted as a comprehensive hub for buying, selling, and learning about Non-Fungible Tokens (NFTs). Kraken expanding…

Kraken officially launches final version of its NFT marketplace

The United States House of Representatives Energy and Commerce convened on June 7 for an insightful discussion on the future

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