Category: Market Insights

Robo Panda AI Kicks Off First Token Presale, Aiming to Revolutionize Crypto Trading

Summary

A new player on crypto market, Robo Panda AI is the platform that is a mixture of meme culture and trading and it has just dropped its token presale. From October 23, 2024, investors can join in on the ride that is all about flipping the script on how crypto trading is done.

Robo Panda’s main concern is to revolutionize the trading world with the combination of AI driven analytics and human intelligence plus, the fun elements of meme economy. The AI driven interface and features they provide will assist the users on trading more efficiently through advanced AI driven algorithms. It is a simple yet very powerful mission, which is to provide globally accessible and dynamic rewarding ecosystem for crypto enthusiasts. To learn about how things exactly work, one can read the Robo Panda AI’s official whitepaper. There lies the details about AI powered trading bot, deflationary tokenomics, staking, governance, and community engagement through meme culture.

Creators claim that through their autonomous trading systems, the platform can analyze market trends in real time and help execute trades with precision. On X, they are advertising the token being able of 200% return of investment annually with up to 90% trades winning. Is this really the AI powered meme revolution?

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Solana’s Performance Leaves DOGE Fans Quiet, While an AI Crypto Captures $1.5M in Backing and Steals the Spotlight

Summary

Solana is totally over the crypto scene, pulling off a rally so wild its leaving Dogecoin (DOGE) fans out of the radar. Meanwhile, IntelMarkets (INTL) is sparking its own hype, adding up to a massive $1.5M in its presale. Lets see why these two are blowing up recently.

Solana is giving off positive vibes right now, just recently it broke its ever so dreadful resistance zone, and surged to $175. This has given Solana holders a fresh hope and has made them ready for a potential bullish rally in the days to come.

Solana was heavily criticized for its low fees which made the chain unsustainable from a business standpoint. But Solana dodged hard from these, as in less than a year SOL has overthrown Ethereum in terms of miner extractable values as well as transaction fees. Additionally, Solana has taken memecoin community by a storm as more than half of the top eight memecoins by market capitalization are based on Solana network.

Despite this positiveness and predictions of memcoins booming, Dogecoin’s price has been growing slowly and consequently the trading volume has been declining. Because of this lack of motion and stale pricing, market sentiment is very unclear and largely negative. According to Coingecko, Dogecoin’s (DOGE) price has risen by only 22% in the last month, this is not an achievement as even less known coins performed very well during this time.

This new independent AI powered crypto project, IntelMarkets (INTL) is taking over the market. Its trending among the whales and is becoming the most talked about platform over the whole market. Its ongoing presale has recorded a milestone recently by surpassing the most anticipated $1.5M mark in funding from investors around the globe. The presale is rapidly selling out, currently in phase 4, offering INTL tokens for $0.04 each. Some features that make it stand out are its trading bot’s ability to give access to top notch trading strategies while handling high data volumes from multiple trading sources simultaneously, AI’s self learning capability makes them learn from their previous mistakes ultimately updating themselves automatically. Hence, these and many other feature makes INTL standout.

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Rollblock (RBLK) Surges Ahead, Outshining AI Cryptos with Its Breakthrough in Online Gambling

Summary

The online gambling market, currently worth over $500 billion soon looks to cross a trillion. Rollback (RBLK), a new crypto project is making tides in this industry and is gaining major attention from experts. They predict early investors could see returns of 100x or even more. It has far outpaced gains from other AI cryptos like NEAR and TAO. This article dives into why Rollblock is now among seasoned crypto investors.

Rollblock, a new addition to online gambling space has been catching major attention lately. This crypto casino reportedly offers, the safest, most secure gambling environment possible by making use of blockchain technology. Blockchain makes the whole process visible and immutable, as a result players are not able to cheat in anyway and play on a safe environment. With such reliable gambling environment, players from everywhere are seeking to hop in on it, thereby Rollblock taking the cake ultimately. This sets a strong stage for Rollblock to stay in. Furthermore, there is another reason why holding RBLK coins could be beneficial, a slice of revenue from casino generated each week is distributed among the coin holders. These revenue even includes VIP bonuses and rewards so the price is expected to be fruity. It is also predicted to survive in the market as new players are rolling on continuously due to its outstanding features.

Rollblock Price

As of 28th October 2024, Rollblock’s token RBLK holds a price of $0.03703 on Orca. This represents 0.74% price increase in the last 24 hour. Its 24 hour trading volume is reported to be about $1,389.85 with a total 21 transactions. This provides a positive outlook for investors as this is fairly new and has room for improvement.

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Vietnam Launches National Blockchain Strategy, Aiming to Lead Asia by 2030

Summary

Vietnam has finally revealed its National Blockchain Strategy, which aims to position itself as the leading decentralized country in Asia. This initiative focuses to put Vietnam as a future blockchain leader and a key-player in blockchain research, discovery, innovation and its application.

Blockchain Leadership Goals

On October 22, Vietnam launched its own Blockchain strategy. This carefully crafted plan aims to build atleast 20 globally reputable blockchain brands by 2025. The major motive behind all this by the government is to turn current Vietnam into a regional leader in decentralized technology with international influence in blockchain space.

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Building Blockchain Infrastructure

The key portion of the plan is the establishment of three blockchain testing centers in major cities. The testing centers’ main aim will be to enhance decentralization, digitalization, security, innovation and form a National Blockchain Network. If it is to workout exactly like the speculation, this will boost Vietnam’s ability to compete on global scale.

Vietnam’s 5-Point Blockchain Plan

The government outlined five main actions: improving legal frameworks, enhancing blockchain infrastructure, developing skilled human resources, promoting research, and encouraging global collaboration. Various ministries, like the Ministry of Information and Communications, will oversee these initiatives.

Collaboration and Innovation

To drive success, Vietnam will foster collaboration among local digital technology firms. The Vietnam Blockchain Association will also spearhead projects under the strategy to accelerate the country’s blockchain growth on the global stage.

Vitalik Buterin Calls Michael Saylor’s Bitcoin Comments ‘Insane’

Summary

Ethereum co-founder Vitalik Buterin directly criticized Michael Saylor, the chairman of MicroStrategy over his comment on Bitcoin’s recent activity. Buterin didn’t leave no crumbs and sharply called Saylor’s remarks “batshit insane” in a heated X (formerly Twitter) post.

Buterin Fires Back at Saylor’s Views

Vitalik Buterin took personal issue with the remarks made by Michael Saylor on his recent interview regarding bitcoin’s activity. The activity being the custody, where Saylor firmly believed that Regulated Finance Institutions. However, Buterin rejected this remark saying this goes against the decentralized ethos of crypto and calling out this action to be a push towards “regulatorty capture”.

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Crypto Leaders Side with Buterin

Several crypto famous leaders like Jameson Lopp and Eric Voorhees sided with Buterin. All of them shared the same view regarding involvement of third party on crypto space. Many believe this remark from Saylor as a direct contradiction to the whole concept of decentralization nature of blockchain.

Saylor’s Stance on Bitcoin Custody

In the interview, Saylor suggested the Bitcoin custody to be taken over by too Big to fail banks, believing it would protect assets from being seized. This seemed to contradict his previous vicious advocacy for self-custody. Just a year earlier, after the collapse of FTX, Saylor supported self-custody, stating that people should hold their own private keys. This hypocrisy surprised many, as he appears to favor institutional control over digital assets, a shift that Buterin and others find alarming.

Amid the formation of a bullish pattern, the CAT token gains 37%.

In conclusion, Simon’s Cat (CAT) meme coin recently saw a 37% increase after a bull flag pattern appeared on its daily chart. The increase in investor activity and the addition of new exchange listings could result in further gains for the token.

Bull Flag Pattern Indicates Potential Rally

According to trader Zak, CAT’s price has formed a classic bull flag pattern, often a sign of further upside. The token rose from $0.000024 to $0.000038 by Oct. 21, forming a flagpole before pulling back slightly. Consolidation between $0.000038 and $0.000044 was noted by another trader, Mr. Albert, indicating an impending breakout.

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Investor Activity and Market Performance

Due to a rise in daily trading volume to more than $60 million, CAT’s market capitalization increased from $166 million to $233 million over the past week.The meme coin’s listing on OKX and strong investor interest—including a whale purchase of $26,000 worth of CAT—has driven buying activity. The number of CAT holders also grew, reaching 235,666 by Oct. 28.

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Source: crypto.news

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Mixed Signals Are Shown by Technical Indicators

Technical indicators suggest a possible pause even though CAT’s upward momentum is still present. The MACD is showing a weakening trend, indicating potential short-term consolidation, and the Relative Strength Index (RSI) fell from overbought levels to a neutral 54.

Stripe Acquires Stablecoin Platform Bridge in $1.1B Deal

Summary

Stripe has reportedly accomplished acquisition of stable platform Bridge for $1.1 billion, as per the post done by TechCrunch co-founder Michael Arrington. However, the actual companies have yet to make an official statement.

Deal Confirmed, No Official Announcement Yet

The acquisition of Bridge, founded by former coinbase executives Zach Abrams and Sean Yu in 2022, follows alleged report from last week that the company were in final stage of negotiations. However, neither Stripe nor Bridge have released any official statement except X (formerly twitter) post by Michael Arrington.

Arrington’s Oct. 20 X post.

Bridge’s Role in Stablecoin Market

Bridge provides further features and facilities such as creation, transfer and storage of stablecoins making the system smoother for Stripe. A $40 million funding round for bridge was conducted in August which was conducted by major investing companies like Sequoia and Ribbit, which was followed by the negotiation deal.

Stripe’s Growing Crypto Ambitions

Stripe’s acquisition of Bridge fits its strategy to re-enter the crypto sector. After first introducing Bitcoin payments in 2014 and discontinuing them four years later, Stripe re-entered the market with stablecoin payments in 2024, citing demand for faster and cheaper blockchain transactions.

Rising Demand for Stablecoins

The use of Stablecoin is continously growing, reaching a market height of $173 billion in Q3 2024. This initiative positions Stripe on a favourable position to capitalize on the booming market, which has potential of hitting $3 trillion by 2030. Traditional Financial giants like Paypal and Visa have also started to enter this digital space.

Solana’s AI Crypto Flávia Hits $40M Market Cap Within 9 Hours of Launch

Summary

Flávia memecoin is making tides on the crypto scene as its market value has already exceeded 40 million US dollars in just nine hours of its launch.

Flávia is a solana-based AI memecoin is a recently added entity in the crypto market. It has been seeing constant increase in price since its release. It crossed an impressive 40 million USD in just nine hours of its launch. Reportedly, its current transaction volume has exceeded 64.8 million US dollars.

People believe this to be some sort of miracle, according to a report by LookOnChain, one guy turned $668 into $1.79 million in a matter of just 10 hours. That is a 2693 times return, this is nothing short of a miracle. Some believe this to be pure luck while there is also an argument of him being an insider. Reports also suggest Flavia being related to Trevor, the founder of virtual internet celebrity startup Brud, and may be a product trained by Trevor using Anthropic’s computer use.

According to solscan, top 10 Flávia holders collectively own 211,172,782.99 tokens which is 21.12% of the total available tokens. As of October 23 2024, the price of Flávia on Raydium is $0.04083 which indicates 61,364% increase in the last 24 hour. Its 24 hour trading volume is estimated to be around $89.44 million. It is interesting to see how far this token can reach.

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GT Protocol Enhances User Experience with Cutting-Edge AI Assistant Features

Summary

GT protocol is using advanced AI tech to level up its platform. It has made it easier and more functional for users. Additionally, they are also offering financial perks to bring in more users.

AI is becoming more and more mainstream following the success of OpenAI’s chatGPT, nearly every industry is investing on artificial intelligence intersections and integrations to drive interest. GT protocol is one of those platforms bringing AI and crypto together. Their platform allows users to trade and manage portfolios directly through an AI powered chatbot, making things a lot easier. After the impressive 150% surge in GTAI’s value in September 2024, the team has rolled out major updates aimed at improving user accessibility even further.

Reportedly, they disclosed that their project is about using AI model training tools like Google Vertex AI, IBM Watsonx Assistant, and Microsoft AI Builder and making it more accessible and robust. They announced new features such as speech-to-text which will allow users to talk with AI chatbot and image recognition which helps users make precise analysis using screenshots. The platform claims to be completely autonomous which can perform tasks while boasting better access to real-time data thanks to partnerships with several centralized exchanges and projects like Tron and Avalanche. Furthermore, the project also seeks to attract more users with its financial incentives.

GT protocol is also trying different tactics to make itself known in the crypto market. For one, the project has partnered up with AI powered decentralized physical infrastructure network (DePIN) project Shieldeum which will allow GTAI holders to receive points for project’s airdrop. Simultaneously, has disclosed plans to conduct a GTAI airdrop for CoinMarketCap users.GT Protocol CEO Peter Lonov expressed excitement about the project’s progress while hinting at more initiatives. However, despite this it is yet to see any improvements. At the time of writing, the project’s market capitalization is only about $27 million, making it the 735th-largest asset by market cap.

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Bitcoin, Ethereum Surge After Major Short Liquidations

Summary

Bitcoin and Ethereum are experiencing bullish momentum due to recent liquidation. Data provided by Coinglass states that over $138 million are in liquidation with $95 million coming from shorts position.

Ethereum Leads Liquidations and Gains

Ethereum showed exponentially good results at charts with $27.69 million in liquidation of which $23.84 million were from shorts position. This growth has also boosted ETH’s value by 3.1%, reaching $2,730. Ethereum’s trading value has also skyrocketed by 117% with grand total value of $17.4 billion as investors interest has been gathered. Notably, the largest single liquidation order was on Binance, worth $6.64 million in the ETH/USDT pair.

Bitcoin Follows Close Behind

Bitcoin saw $25 million in liquidations, with $21 million coming from shorts. This short squeeze helped BTC reach a four-month high of $69,460, though it corrected slightly and is now trading at $68,700. BTC’s daily trading volume spiked by 74%, climbing to $24 billion.

Broader Market Impact

The international crypto market has been on three-month high of $2.49 trillion. However analyst believe if this is to continue there’s a possibility of tides turning the other way, triggering sell-offs as traders and investors scramble to limit their potential loss. Conclusively, the surge of liquidation does shine a positive light on crypto space but further surge might cause potential problems.

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