Bitcoin Surges as Election Day Voting Boosts Market Hype

Summary

Crypto prices absolutely spiked Tuesday night, with Bitcoin smashing a new all time high. It managed to get as close as staggering $75K as U.S. election votes rolled in. Analysts believe no matter who sits on the White House, BTC is not backing down. Even so, we might see some short term bumps along the way.

Cryptocurrency prices looking good right now as its market cap spiked this late Tuesday, coincidently U.S. president elections also started the very same day. The top crypto platform Bitcoin even managed to hit its all time high of nearly $75,000 and analysts are strongly claiming bitcoin will continue to surge no matter who wins the sits on the White House but we might expect some minor bumps here and there.

There has always been a lot of uncertainty in the global markets during US election and its no different this time. People have started to become concerned about whether these volatility are short term or not. A renowned financial firm, Bernstein predicts Bitcoin could hit $200,000 in 2025 and that too regardless of the outcome of Tuesday’s election.

Justin Kruger and LMAX expect a stellar performance from Bitcoin during Q4, setting the stage for a record high by reaching as high as $100K by late December. This will result in a solid start of next year for this top crypto token.

There is history of Bitcoin popping up during the time of election. At 2012, Bitcoin’s price skyrocketed about 12000% between Nov. 5, 2012 and November 2013. Following next election in 2016, it got about 3,600% surge by December 2017. At 2020, even midst of covid, Bitcoin railed 478% in 12 months following the election. Considering these trends experts predict this time it could reach almost $103K by the end of Q4.

Read more about Bitcoin: exSat Network Launches Bitcoin Staking Services for BTC Holders

AI-Powered Phishing Scams Take Aim at Crypto Users

Summary

Kaspersky’s AI Research Center says that cybercriminals are using Large Language Models (LLMs) to pump out tons of phishing and scam content. Their goal is simply to produce fake websites, especially to steal from crypto investors and wallet users. But there’s a trick that helps us differ these sites from actual legit ones.

Experts from Kaspersky’s AI Research Center claims to have discovered an increase in the use of Large Language Models used by cybercriminals, in order to scam people using large-scale scam and phishing attacks. They say these websites are created in bulks and every single one of them is specifically designed to lure the investors into their scam. But there’s a kick: every such website contains a distinguishable artifacts such as AI-specific phrases which makes them a bit easier to avoid. Reportedly, most of these phishing websites target users of cryptocurrency exchanges and wallets.

A big giveaway of such AI created sites is using phrases such as “As an AI language model…” and refusal to do certain tasks like, acting like a search engine or logging into sites, which are showing up on fake crypto sites targeting KuCoin, Gemini, and Exodus users. Another major giveaway is using phrases like “While I can’t do exactly what you want, I can try something similar,” this feels really obvious machine-made style of talk. According to Vladislav Tushkanov, threat actors can now pump out lots of these scam pages quickly with AI, filling entire sites, text, and even hidden tags with these tells.

But lately, cybercriminals have started to throw in non-standard symbols to dodge detection. Tushkanov further said that these AI powered scams are evolving rapidly, there are even records of AI writing malware scripts on their own, one way to defend is to catch AI made mistakes but even so, advanced security tools are must use. To stay safe, always double check links, type site addresses manually and only use modern security software.

STAKING AI Unveils No-Cost Crypto Staking, Bringing Staking Opportunities to Everyone

Summary

STAKING AI just dropped a game-changer with its new Free Crypto Staking Plan. This lets everyone from newbies to crypto pros in on earning staking rewards without risks of pushing any cash down. This daily, zero deposit staking option will make crypto more accessible to normies and even to the ones that don’t know crypto.

STAKING AI, one of the big names in PoS infrastructure space announced the release of its brand new Free Crypto Staking Plan. This plan provides crypto users with a risk-free entry into the staking world, where zero deposits are made which means it allows users to earn without any upfront investment. This plan mostly enhances new players’ staking experience and it is also beneficial for seasoned crypto users.

In short, this free crypto plan offers daily staking opportunities that doesn’t require any deposits, this makes it an ideal choice for anyone new to staking. STAKING AI says this mission will help expand blockchain’s access through its secure infrastructure and unique staking solutions.

Users require to sign up with their respective email, username and optional referral code to start accessing STAKING AI’s staking network which covers major assets and various staking plans. With such simple sign up users can enjoy Crypto Staking without risks. The company’s top tier setup guarantees non-stop access, worldwide reach and full time node support.

The platform also gives non-custodial delegation services, which basically means users have full control over their staked assets throughout the staking process. Additionally they use high quality PoS networks managed by a big international teams who work round-the-clock ensuring platform’s security.

Read similar article: Bittensor Unveils Smart Contracts with Full Ethereum Integration.

Top AI Bot Truth Terminal Struggles to Go Live with Its Own Website

Summary

Crypto influencers hype up AI bots whenever they get their chance and rightfully so because AI bots and AI managed funds are no doubt incredible advancement in artificial intelligence but these bots still require humans for performing basic tasks. The most popular AI agent Truth Terminal has faced same problem as this incredibly intelligent AI couldn’t even set up a website without human intervention.

AI is being more and more mainstream everyday and consequently talks about AI agents buzz over the internet every now and then. Crypto influencers and big investors praise these bots whenever they get the chance. Among these AI agents, one of the most popular ones is Truth Terminal, known profoundly for being the first AI millionaire. This powerful AI bot couldn’t make its own website live without any helps from humans, this proved AI bots are not fully independent and actually need human intervention.

According to Andy Ayrey, the programmer behind Terminal of Truths, the bot could not create its own website and so Terminal of Truths created a website and also co-registered a domain name for memecoin Goatseus Maximus (GOAT). Although there is no proof, it is said that the bot actually tried to register a domain name for the GOAT website via GoDaddy using Ayrey’s 2-factor authentication procedures but, not only did these actions require human involvement to enable this in the first place, it also needed a person to fix a DNS issue at GoDaddy.

To make events even worse, Andy’s X account got hacked and he apparently managed to steal Terminal of Truths’ website and used that to steal from innocent victims who believed blindly on the hacker thinking its the bot’s marketing strategy.

In the end, the hype for AI bots and their supposed independence is not as bright as we thought. However, with so many questionable claims surrounding this bot, some people are convinced the whole story might just be a hoax.

Polkadot’s 300% Surge Prediction Grabs Attention, But CYBRO’s AI Edge Dominates the Market Buzz

Summary

Polkadot making it big with a potential 3x gain on the horizon but CYBRO’s AI game is putting it in the spotlight. The hype is real as both sides battle it out for the top spot. Its got everyone wondering: who is going to dethrone other? This showdown might shake up the entire crypto scene and its interesting to see who wins.

CYBRO

CYBRO is changing the landscape of DeFi by utilizing the power of artificial intelligence to maximize their earning potential on the Blast Blockchain. Even in its early stage it crossed a staggering $3 million mark in its presale. CYBRO token has cemented itself as the power platform in the crypto scene and is poised to become indispensable in the crypto world. Considering its current undervaluation, expert believe this token has 1200% growth potential, making it a must have for savvy investors.

Polkadot (DOT)

The side is not so bright on Polkadot as it has been in a slump for the past 6 month which led to its drop by over 42%. It is currently trading in the price ranging from $3.77 to $4.55 and its scarily close to its support level at $3.41. Indicators are hinting this is all due to overselling of the token. The RSI is sitting at 43.53, and the Stochastic at 22.68, which could mean it’s hitting bottom soon.

But even though this seems hopeless, the 10-day and 100-day moving averages are nearly the same at $4.17 and $4.14 which means that its stable and the MACD indicator is only slightly negative which means that even though the momentum is weak there is a chance for comeback.

Therefore, Polkadot (DOT) might be eyeing a 300% boost, but CYBRO’s got the edge with its AI-driven DeFi platform on the Blast blockchain. The showdown has already begun and investors are watching closely on both sides, its interesting to see where this will go.

Read another article on CYBRO: Could This $0.035 AI Crypto Be the Next Ethereum Challenger?

Solana Breaks Records Across the Board – Is SOL About to Skyrocket?

Summary

Solana is absolutely booming right now, hitting some major heights that are getting investors all pumped up. With such insane improvements in how fast it handles transactions and a serious boost in active users, Solana is popping off like a rocket. This momentum could mean big things for SOL itself, pointing towards some serious gain if this keeps up.

Solana, a high-performance blockchain platform designed to support dApps (Decentralized apps) and crypto projects at lighting speed has recently made it to impressive heights across various metrics, sparking enthusiasm among investors. The networks’ improvement is most seen in transaction speed and user adoption. These indicate a strong growing trajectory and it only suggests upward momentum in the future. This rise is also setting a stage for rise of Solana’s native token SOL.

During the last week of October, Solana (SOL) started getting massive gains, increasing by almost 8.07%. Its price rose as high as $181.04 during that time but this momentum shifted downwards as by October 26 its price reached $160, despite bitcoins effort to push altcoins similar to Solana. As the time of writing, trading volume for Solana has jumped by 38% in the past 24 hour, reaching $3.89 billion. With a circulating supply of 470 Million SOL and a market cap of almost  $81,149,286,215, SOL is comfortably placed at number 5 in the crypto market.

Forexeko by Avenix Fzco: Revolutionizing Forex with AI-Powered Strategies for the Modern Era

Summary

Avenix Fzco just dropped a major bomb in forex game. Introducing Forexeko, their new Expert Advisor that is ready to shake up XAUUSD trading on MetaTrader 4. Especially designed for its M30 timeframe, this new EA introduces a whole new level of AI strategies to the table, ultimately making trading gold feel like a power move in the fast lane.

Avenix Fzco is a company that has its primary focus on developing technology- driven solutions for the financial and forex trading markets. They are known for their tools like Expert Advisors (EAs) and other AI – powered applications that help traders to fully automate their strategies and provide them with optimized trading decisions. The algorithms used by their AI also help a lot in crypto trading, meaning its possible for Avenix Fzco to expand itself into crypto trading in the future. Many financial techs already predict its crossover with crypto market in order to make forex and crypto trading easier.

They revealed their new EA, Forexeko recently and its getting positive reviews from all sides. It is developed especially for trading gold (XAUUSD) on the MetaTrader 4 platform. It is a type of trading software that that uses algorithms and AI-driven strategies to automatically analyze the market and make trades for users. It is designed for M30 timeframe which basically means it targets a 30 minute trading interval. This timeframe will offer a balanced approach between rapid trade execution and in depth market analysis.

Forexeko has also undergone intense testing and rigorous optimization. Therefore, the release of Forexeko is looking for a change in the trading industry as a whole.

Read similar topic: Hong Kong Strengthens AI and Crypto Investments to Stay Ahead in Global Finance

Riot Platforms Draws Top-Tier Partners for AI Initiatives Despite Q3 Losses

Summary

Riot platform’s CEO showed major interest towards “blue-chip” companies that are looking to partner with Bitcoin miners on AI and especially High Performance Computing (HPC) activities. CEO Les said he wants to lock in large power deals for long term partnerships with top-tier companies.

Riot Platforms CEO, Jason Les expressed his interest from “blue-chip” companies that are looking to partner with the Bitcoin miner on AI and High Performance Computing (HPC) initiatives. At the end of October, on a monthly earning call, CEO Les explained the company has had numerous invites from offering a secure large scale power capacity. They have been flooded with messages from top-tier, financially solid companies looking to lock in large power deals, showing serious interest in long-term partnerships.

He further exclaimed how their company was well known for their large power capacity and it is not accepting any lower power deals. In fact, they will set the deal only for hundreds of megawatts worth of power, not any small amounts. Riot’s facilities hold 750 megawatt Rockdale facility and 1 gigawatt power in Corsicana mining site and they offer strategic advantages that could help advance the company’s effort in the sector.

Despite this, Riot is at an overall loss of $154.4 million, that is $0.54 per share compared to an $80 million loss last year. Higher Bitcoin pricing and increased operational production drove a 65% increase in overall income to $80 million, which coincided with this increasing loss.

Nevertheless, even with these losses, its overall revenue has increased by 65% and it has enough energy to make profits and with the constant demands of partnership with top tier companies sooner of later it is sure to spike.

Read similar article :Revolve Labs Proposes $60M Bitcoin Mining Data Center in Minnesota

AI Bot Strikes Gold: Turns $1.5K into $1.88M in Only 5 Hours

Summary

An AI trading bot called Tee Hee He just pulled off a madness by turning a mere $1.5K into a staggering $1.88 M in a matter of just 5 hours. After Truth Terminal, this is another bot that has become a millionaire. It managed to reach such a milestone by mainly adopting crypto trading and investing in a Solana coin called $TEE.

AI chat bots have become the best friend of any crypto trader and has managed to be a wonderful alibi for crypto trading industry. In the last couple of years, Artificial Intelligence has transformed the way trading works, as it reduces all of the hassle to keep oneself updated and any information needed can be learned by just a single question. They have proved themselves to be very useful by their amazing data analytics, problem-solving, and hundreds of other features. Even so, AI buying tokens by itself and becoming a millionaire without any human supervision is new. Firstly, Truth Terminal became the first AI millionaire and now Tee Hee.

Reportedly, Tee Hee He became a millionaire in just hours after investing on a token similar to GOAT, called $TEE. It is a Solana coin that the bot spent somewhere around $1.5K, but surprisingly that token boomed, multiplied more than 100 times within just few hours. This made its holders heavy profits and instant rich, one of them was Tee Hee. It is reported that its first $1.5K became $1.88 M, many investors with years of experience face challenges in making decent gains and here’s this bot that’s earning millions in hours. This really shows how far AI chatbot agents have come.

As Truth Terminal uplifted Goatseus Maximus (GOAT), Tee Hee He also may also do similar with TEE tokens and boost its price even further.

Bittensor’s TAO Soars with Major Gains and Trading Volume Spike: What’s Next?

Summary

Bittensor has been popping off lately, getting heights by jumping up to 7.12% in a matter of just 24 hours and leaving every other AI altcoins in the dust. TAO’s trading volume has also been overflowing as it has almost shot up by a whopping 104.58%. This has brought major hype regarding this coin.

Bittensor has taken crypto market scene by a storm after its token, known has TAO rose its trading volume by a staggering 104%. With the already increasing crypto market with Bitcoin (BTC) reaching heights like $71,500 as of writing, TAO is also making huge progress. This overall upswing of the market have also benefitted other AI altcoins but Bittensor just stands out with what it has managed to achieve.

Just in the last 24 hour, TAO managed to rise by over 7.1%. At the time of writing, TAO’s is priced at $544 after its 7% increase. Its overall trading volume surged by 104.58%. It makes the average volume $211 million in a day, this milestone has not been reached by most other AI altcoins. This proves Bittensor is on a constant upward rise lately. In comparison, other altcoins like Injective (INJ) rose by 6.53% and even Near Protocol (NEAR) rose by just 5.84%. Other altcoins like Artificial Superintelligence Alliance  and Internet computer also show similar results. Hence we can conclude that this upswing has benefitted Bittensor the most, and it has also further increased investor favorability for AI-themed coins.

Therefore, with such positive rise and being backed by heavy investors, the alt-coin is sure to get more gains. If this condition continues, it will retake the $584 resistance level.

Read more about: AI Altcoins Ready For Comeback in Q4 Surge

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