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A decentralized social media altcoin is nosediving just days after gaining support from the top US crypto exchange platform. New data reveals that social media token DEGEN went from a weekly high of $0.011 to $0.008 since being adopted by Coinbase on October 15th, a 27% drop. According to DEGEN’s website, the digital asset is a reward token for active participants of the decentralized social media platform Farcaster. Furthermore, it powers the Degen Chain, which is billed as a layer-3 built over Base, the blockchain of Coinbase. “DEGEN is a reward token for Farcaster users, born from meme culture. It uses a unique tipping system that empowers the community to reward quality content creators. It also powers the Degen chain, one of the pioneering layer-3s launched on Base, offering a platform for building and using Degen apps, often referred to as the ‘Las Vegas of blockchains.'” DEGEN, which launched earlier this year in January, has a supply of about 37 bi

Along with the rest of the market, Ripple’s XRP witnessed a notable uptick. The asset jumped from a low of $0.5382 to a high of $0.5636. At press time, the altcoin was trading at $0.5596 after rising by nearly 4% over the past 24 hours. Also Read: Top 3 Cryptocurrencies That May Rally Over 30% This Weekend Factors Influencing XRP’s Potential Surge Source Several announcements made at the Ripple Swell event were connected to the most recent uptick. The appeal process and timing of the Securities & Exchange Commission (SEC) and Ripple case had a prominent influence on the cryptocurrency market and clearly impacted the asset’s price. Also Read: Nvidia Dominates Earnings: Up 16% in a Month. Time to Buy or Sell? Can XRP Move Beyond $1 In The Next 6 to 12 Months? The next couple of months are expected to be bullish for the entire cryptocurrency market. Focusing on XRP, Ash Crypto, a prominent crypto currency analyst, revealed that the altcoin could climb high. He anticipates that by the

While there has been much controversy regarding the founder of Bitcoin (BTC), the creators of other projects are somewhat known to the public. The duo behind the OG meme cryptocurrency Dogecoin (DOGE) has actively engaged with the community. One of them, Billy Markus, who goes by Shibetoshi Nakamoto, is quite popular on X (formerly Twitter). Also Read: How Much Would a $100 Investment in XRP Be Worth After 10 Years? DOGE’s Recent Performance and Community Engagement Over the last couple of days, DOGE has been performing quite well in terms of price and network activity. The meme coin saw a notable 11% spike over the past 24 hours. At press time, the asset was trading at a high of $0.1263, which puts most holders of the asset at a notable profit. Source Amidst this rise, the community was wondering if Markus still holds any Dogecoin. Meanwhile, a few others were curious about how much the DOGE co-founder held. Directing his focus on the first question, Markus revealed that he still owne

Ripple (XRP) has been making headlines for its latest development. The firm announced it will be launching its very own stablecoin called RLUSD. This asset leverages XRP and has been under wraps. The firm began working on it in April. This news barely had any impact on XRP as the asset continued trading at the $0.54 range, with a drop of over 0.82% throughout the past 24 hours. Also Read: How High Will Shiba Inu Rise If Its Market Cap Hits $500 Billion? Ripple’s Decade-Long Performance And Future Potential Source Despite its current price drop, it should be noted that the altcoin has witnessed a fairly positive decade. XRP dipped to an all-time low of $0.002802 back in 2014. Ever since, the asset has surged by 19107.63%. Diving deeper, XRP has had a remarkable 10,300% price gain from the end of August 2013 when it was trading at $0.005. This is about a year post its launch when the asset slowly began to boom. This further highlights the impeccable growth rate of XRP even though it was

Amid the growing demand for artificial intelligence products, Amazon (AMZN) has inked a new AI partnership. Indeed, the massive e-commerce company has signed a new five-year agreement with Databricks, a privately owned cloud-based intelligence company that develops AI solutions. The move will see Amazon increase its AI development. Specifically, the move is key to increasing the capabilities of the company’s language models as it looks to become an even bigger player in the space. The increased interest in the technology has defined stock market trends, with AMZN now looking to capitalize. Source: The Economic Times Also Read: US Stocks: Amazon Emerges As The Next Best Share, May Hit $224 Soon Amazon and Databricks Sign Five-Year Deal as AMZN Looks to Grow AI Presence Over the last several years, interest in AI has reached unprecedented levels. Thanks to the meteoric rise of OpenAI’s ChatGPT and other competitors, demand is surging. Moreover, the stock market has seen companies within

JP Morgan CEO Jamie Dimon has expressed some concerns about the global economic situation, as geopolitical tensions are rising in the Middle East. Dimon explained that the unending tensions will likely be a factor that will contribute to global economic uncertainty. The JP Morgan CEO warned that the US could face some consequences that include inflation, fiscal deficits, and infrastructure issues. He called the situation in the Middle East “ treacherous ” that could change the “ course of history ” as it could have a profound impact on the global economy. Also Read: Currency: What’s Happening With the US Dollar & Chinese Yuan? The JP Morgan head said the following: “There is significant human suffering, and the outcome of these situations could have far-reaching effects on both short-term economic outcomes and more importantly on the course of history.” He also revealed that the bank has been “closely monitoring the geopolitical situation for some time, and recent events show that

The Avalanche price prediction may lack short-term, but if the price increases, the coin will likely face moderate market volatility soon. Avalanche Prediction Statistics Data: Avalanche price now – $28.46 Avalanche market cap – $11.9 billion Avalanche circulating supply – 406.6 million Avalanche total supply – 446.6 million Avalanche Coinmarketcap ranking – #12 Avalanche (AVAX) has shown impressive long-term growth, rising 946.92% from its all-time low of $2.79 in December 2020. Although it reached an all-time high of $146.22 in November 2021, the current price range is $28.70 to $29.81 over the past 24 hours. Early adopters who entered at the start have seen significant gains, highlighting the potential rewards of getting involved in crypto projects early. AVAX/USD Market Key Levels: Resistance levels: $33.0, $35.0, $37.0 Support levels: $24.0, $22.0, $20.0 AVAXUSD – Daily Chart The current Analysis of AVAX/USD on the daily chart reveals a bullish structure formin

The Goatseus Maximus price skyrocketed 127% in the last 24 hours to trade at $0.1097 as of 03:42 a.m. EST on trading volume that rose 92% to $97 million. This comes as the meme coin continued to rally amid rumors that it had been launched by an Andreesen Horrowitz-funded artificial intelligence bot called “Truth Terminal.” In fact, the AI bot was not directly associated with Goatseus Maximus’s launch but was involved in promoting the meme coin, according to Andy Ayrey, the bot’s creator. It didn't actually make it Someone else did and tagged ToT which then endorsed it Ppl have been airdropping it $GOAT and making coins about my dog and all sorts of other stuff which is insane But it's important to remember I think; that this isn't a crypto project; it's a… — Andy Ayrey (@AndyAyrey) October 13, 2024 Goatseus Maximus Price On A Bullish Continuation Trend The price is currently in a strong uptrend, as evidenced by the sharp rise after a period of consolidation

Shiba Inu boasts 1.4 million investors from across the world who share the same goal of financial freedom. The goal is to become rich and make so much wealth, that they can decide to resign from their jobs. Attaining financial freedom is the first and foremost target of SHIB investors and to get there, the token needs to reach the $0.01 mark. Also Read: Shiba Inu: How Long Should You Wait For SHIB To Hit 5 Cents? Watcher Guru conducted a poll among Shiba Inu investors asking them if they would quit their jobs if its price reached $0.01. The majority of traders revealed that they will resign from their workplace if SHIB hits the 1 Cent mark. Shiba Inu: Poll Shows That 55% Investors Will Resign if SHIB Reached 1 Cent Source: Watcher Guru “Will you quit your job if Shiba Inu reaches $0.01?” asked Watcher Guru in the poll. 55% of investors said that they plan to resign from their jobs if the token reaches the 1 Cent milestone. Another 30% of respondents in the poll said that they plan to

With South Korea officially announcing the creation of its own Virtual Asset Committee, the country is reportedly considering the approval of Spot BItcion ETFs. Indeed, the committee was formed by the Financial Services Commission (FSC) regulator in the country. Moreover, the crypto-based investment offering is being discussed, according to local media reports. The newly formed committee will also discuss the authorization of corporate accounts and the reports. Altogether, the decision would be vital for the continued development of the country’s cryptocurrency stance, with the regulatory body providing notable guidance for that development. Source: Coingape Also Read: South Korea is The Latest Country to Investigate Telegram South Korea’s Newly Formed Crypto Committee Discussing Bitcoin ETF Approval Crypto-based ETFs have become a major talking point in 2024. The investment vehicle provides a new avenue for exposure to the burgeoning asset class. Moreover, they provide a clear way for

3D NFTs, or three-dimensional non-fungible tokens, represent a significant evolution in the digital asset space. Unlike traditional NFTs, which often focus on static images or videos, 3D NFTs enable creators to develop immersive, interactive digital art or assets that can be explored in three dimensions. This adds a new layer of depth and engagement for collectors and users. The technology behind 3D NFTs typically utilizes blockchain to authenticate ownership and provenance, ensuring that each asset is unique and cannot be replicated. They are often created using 3D modeling software, allowing artists to craft detailed environments, characters, or objects. These NFTs can be displayed in virtual galleries, gaming environments, or metaverse platforms, enhancing the overall user experience. Users can buy, sell, or trade 3D NFTs on various marketplaces, with the blockchain ensuring transparency in transactions. The ownership of these assets can also unlock special experiences or rights, su

Bitcoin developers today disclosed details of another high-severity software bug. According to senior Core developers, over 13% of the home and business computers around the world that enforce Bitcoin’s rules are vulnerable to a remote shutdown. The bug, named CVE-2024-35202, affects Bitcoin nodes running Core software prior to version 25.0. Nodes that have not updated to at least 25.0 allow an attacker to remotely exploit an assertion in the software logic that handles block transaction (‘blocktxn’) messages. Specifically, the vulnerability stems from Core’s compact block protocol, which uses shortened transaction identifiers to reduce internet bandwidth use. An attacker can trigger a collision in these identifiers, causing the node to request a full block. Although requesting a full, unabridged block is a safety precaution, software versions prior to 25.0 have a flaw in their handling logic of subsequent blocktxn messages. In short, the node can be forced into an invalid state th

CARV, a gaming, and artificial intelligence (AI) modular identity data layer, has launched its native utility token, CARV, according to the most up-to-date information shared with Finbold on Thursday, October 10.  Built on Base and accessible on eight centralized exchanges (CEX), including Bybit, KuCoin, and Bitget, the token is a major milestone for CARV in its quest to transform data ownership. The CARV token The CARV token is the governance and participation cornerstone of the CARV ecosystem, allowing users to propose new Features and monetize data.  Picks for you Did this Senator profit from mining stock buy before major acquisition? 1 min ago OpenTrade and Littio boost Latin American financial access via Avalanche