ChatGPT-4o predicts XRPâs price after the launch of Rippleâs stablecoin
At its current trading value of $0.52, ChatGPT-4o suggested that XRP could follow two different paths depending on the unveiling of the stablecoin. If the stablecoin launch is successful, with increased liquidity and adoption along with positive regulations and a thriving crypto market, XRP might surge from $0.80 to $1.20 in the short to medium term.
Conversely, if the stablecoin launch fails to attract attention or if Ripple faces unfavorable regulatory decisions, XRP's price could drop to $0.30 to $0.40 in a bearish market or amidst negative news.
Dunes is a universal Liquid Restaking Token (LRT) protocol designed to create liquidity for otherwise illiquid assets that are deposited into restaking platforms, such as Karak Network. Dunes offers to unlock new levels of restaked capital efficiency, maximizing opportunities for its users while mitigating the risks and challenges found in the wider restaking ecosystem, still in its early stages.
Dunes has confirmed that it will launch its token âDUNEâ and has allocated an unspecified share of the total supply to reward early participants. Theyâve launched a points program called âSpices.â Stake assets on Dunes to start earning Spices. You can also get more Spices by getting your friends. Spices will get converted to DUNE tokens after the token goes live.
Step-by-Step Guide:
⹠Visit the Dunes dashboard.
âą Connect your Ethereum wallet.
âą Now stake assets such as wstETH, weETH, rsETH, ezETH, rswETH, and others.
âą You will start earning points in the form of âSpicesâ.
âą You will get an extra 5% extra Spices for using the above code in the first comment.
âą Also, get 15% of the Spices from each friend.
⹠You will also earn Karak XPs for staking on Dunes, thereby also becoming eligible for the Karak potential airdrop.
âą Dunes has confirmed that it will launch its token âDUNEâ and has allocated an unspecified share of the total supply to reward early participants.
âą Users who collect Spices will get an airdrop of the DUNE token when the token goes live.
ChatGPT-4o has a new prediction for XRP after Ripple vs. SEC case verdict
The lastest ChatGPT model from OpenAI, discussing XRP's potential price movement post the Ripple v. SEC ruling, suggests that a more lenient penalty could lead to a price increase for XRP.
A favorable outcome might push the price to $0.55 to $1.00, while an unfavorable one could drop it to around $0.50. However, actual market reactions could differ.
It's advisable for investors to conduct their own research and stay updated on XRP and Ripple news, lawsuit updates, and settlements instead of solely relying on AI predictions.
$BTC $ETH $USDC Deutsche Bank partners up with with Bitpanda to cause a seismic shift in the market
Deutsche Bank will work together with Bitpanda to process customer deposits and withdrawals for the Austrian crypto broker.
The crypto industry has previously struggled to find banking partners, particularly after the 2023 collapse of Silvergate Capital Corp, Signature Bank and Silicon Valley Bank, which had a high concentration of crypto-related clients.
Who doesn't like airdrops? What about AI ChatGPT airdrops?
*It's totally free to qualify and be eligible for the airdrop. No investment required at all. Not even $0.01
Well you have less than a week left to complete some simple tasks and be eligible for an AI ChatGPT airdrop. The token is called $Cookies.
It's part of a Cookie3 three-platform stack, creating a complete Cookie MarketingFi ecosystem. As the âGoogle Analyticsâ of Web3, Cookie3 helps create a mutually beneficial marketing ecosystem for businesses, creators, and users that reinforces the data ownership economy, and $COOKIE represents the $366 digital marketing value. #Megadrop #StartInvestingInCrypto #altcoins #Airdrops_free #DegenKongZ
Bitcoin's value has risen by 7.99% in the last month, adding $5,101.01 to its previous value and increasing the market cap to $1,358,321,419,371. It might be prudent to wait for a potential bear market before investing in BTC given the current bullish conditions. Over the last 90 days, Bitcoin has shown a bullish trend with a 2.51% increase in price. However, it has lost $67,255.32 from its previous value. Considering this recent bearish trend, it may be wise to wait for a market reversal before considering buying Bitcoin.
Advanced Machine learning algorithm predicts Bitcoin price for June 30, 2024
Cutting through recent sluggishness, Bitcoin's future appears optimistic, with machine learning models now forecasting potential gains for the leading decentralized asset.
The advanced algorithms suggest that Bitcoin might surpass significant price milestones in the upcoming weeks, potentially reaching $75,245.53 by June 30, 2024, as per data from crypto analytics acquired on June 3.
Binance has announced that they will delist and cease trading on all spot and margin trading pairs for the following token(s) at 2024-06-17 03:00 (UTC):
OmiseGO (OMG)
Waves (WAVES)
Wrapped NXM (WNXM)
NEM (XEM)
Please note:
The exact trading pairs being removed are: OMG/USDT, WAVES/BTC, WAVES/ETH, WAVES/TRY, WAVES/USDT, WNXM/USDT, XEM/USDT
Is Altseason incoming? Ethereum has just reclaimed the key trend line against Bitcoin
Since May 15, ETH has surged approximately 30%, compared to BTCâs modest 9% gain. This performance is reflected in the ETH/BTC ratio, which reached a two-week high of 0.05854 on May 23, marking a 31% increase.
The ETH/BTC ratio is reversing from a 7 year support trend line. Historically, when prices bounce from this line, altcoin prices tend to trend higher.
The New York Stock Exchange (NYSE) is considering implementing cryptocurrency trading, although the current regulatory framework prevents moving forward. Such an outcome would naturally have a positively impact on the demand for Bitcoin (BTC).
The AI model predicts a significant surge in price due to short-term speculation about a potential NYSE listing, estimating a 20% to 30% increase in price.
Looking ahead, OpenAI's main product is projected to be priced at $100,000 to $120,000 in the near future, factoring in factors like new investors, enhanced credibility, and wider acceptance over the next six to 12 months.
In the long run, the AI model anticipates Bitcoin's price to fall within the range of $150,000 to $200,000, making it the leading cryptocurrency in terms of value.
An address starting with â0x8EF73â bought 27.05 billion PEW with 3.2 ETH, worth $12,300. Lookonchain spotted and reported this crypto traderâs activity on May 31 in a post on X.
Notably, â0x8EF73â already sold 8.05 billion PEW for 83.5 ETH, worth $315,000âover $300,000 in realized profit. As of this writing, the monitored account holds 1 billion PEW worth $61,000.
Binance has just announced new trading pairs to expand the list of trading choices offered on Binance Spot and enhance usersâ trading experience, Binance will open trading for the NEAR/BRL and NOT/USDC trading pairs at 2024-05-30 15:00 (UTC).
Unlock the secret that helps Degens avoid losing money.
An analysis of coin launches on Binance shows a scary trend of launching tokens with Low Float and High FDV.
- FDV isn't a meme. It an important concept that is used to hold a coin back from mooning and allowing teams to use you as exit liquidity. - Token unlocks limit the entire potential upside -This is the main reason why most new launches only pump for a short while and then steadily decline for months. -Devs and some VCs end up milking your investment
Always check the FDV and the amount of tokens that are being held back.
BlackRock has made some changes to it's Ethereum ETF Application.
BlackRock has submitted an updated S-1 form for their planned ether ETF, providing additional details about the product that has been recently authorized for trading in the United States.
Analysts see this as a good sign and are hopeful of a launch in the near future.
Sam Altman, the founder of OpenAI, and Argentinian President Javier Milei recently had a meeting in San Francisco where they talked about potential investments in Worldcoin in Argentina, along with other topics.
The Worldcoin team's efforts to engage with global leaders advanced when Tools for Humanity co-founders Sam Altman and Alex Blania met with Argentinian President Javier Milei to explore potential investments in the country.
Donald Trump has floated a possible advisory role for the tech billionaire Elon Musk if he were to retake the White House next year, according to a new report from the Wall Street Journal.
If Trump wins the election you can be sure that it will have an effect on DOGE.
Top Events in the next few days that can affect the crypto market:
Macro: âU.S GDP on 30 May âU.S core PCE on 31May
Crypto: âEthena to announce a new CEX USDe integrations this week âSei v2 on 27 May âStargate v2 on 28 May âCrypto ETPs to start trading on London Stock Exchange on 28 May âSEC decision deadline for spot Bitcoin ETFs options â$ETC halving on 31 May âConsensus event 29-31 May âUniswap Voting to implement fee mechanism will go live on 31May
Mastercard has recently introduced peer-to-peer (P2P) crypto transactions in 14 countries, connecting Latin American and European regions through this innovative feature.
Degen tips, tools and tricks that will give you the Edge...
At some point in the future, altseason will occur. Utilizing on-chain analysis, as well as fundamental and technical analysis, can aid in decision-making and predicting market trends. This is important even for a degen. Just because you have a bigger appetite for risk doesn't mean you must FOMO in...
Are you ready?
Here goes.... The first tip is to make use of the little known Tether ratio channel.
Degen Tip #1
The Tether Ratio Channel is a smoothed relative strength index (RSI) that tracks the USDT supply ratio by comparing USDT's Market Cap with the overall Crypto Market Cap. This smoothed RSI is designed to respond slowly to sudden shifts but is more effective in revealing extended trends.
You read it just like you would read a standard RSI. High values indicate overbought while Low values indicate oversold. (Indicate being the key word)
What can you see? Share your thoughts in the comment section below.
*If you find this to be beneficial, follow so that you don't miss out on the rest of the degen tips.
Moon or Crash? - An analysis of recent Binance Listings.
A study of Binance listings suggests that many new cryptocurrencies do not perform well after being listed, leading some to believe that venture capitalists are selling off their holdings and leaving regular investors with losses.
Out of 31 new coins listed on Binance, only 5 have shown success in the past six months. To maximize profits from smaller market cap coins this season, it is advised to invest in them before they are listed on Binance to avoid potentially becoming part of the exit liquidity used by others to cash out.