NVIDIA, a leading name in artificial intelligence and hardware innovation, has unveiled Fugatto (Foundational Generative Audio Transformer Opus 1), a groundbreaking experimental AI model. Described as a “Swiss Army knife for sound”, Fugatto is designed to create audio files from textual commands. The name Fugatto draws inspiration from the musical term fugato, a compositional style involving polyphonic and repetitive melodies, emphasizing its polyphonic nature.
Polyphonic and Multilingual Capabilities
Fugatto is engineered to recognize and replicate sounds with a high degree of complexity, much like the way humans perceive and produce sounds. This AI model stands out for its ability to handle multiple accents and different languages, enabling it to cater to diverse global audiences. Developed by an international team of researchers, Fugatto bridges the gap between AI and natural human sound perception.
Mimicking Human Sound Understanding
Rafael Valle, NVIDIA’s Director of Applied Audio Research, highlighted the purpose behind Fugatto, stating:“We wanted to create a model that understands sounds in the same way that people understand and produce sounds.”
Fugatto is not limited to replicating sounds—it also opens doors for various real-world applications. Its versatility makes it a valuable tool for:
Prototyping musical ideas with different styles, instruments, and sounds.
Assisting language learners by offering voice samples in diverse tones and accents.
Supporting game developers in creating voice variations for character dialogue.
Adapting to new, untrained use cases with minor adjustments.
Potential Applications and Accessibility
With Fugatto, NVIDIA envisions creative and practical applications that extend beyond conventional uses. For example, users can experiment with song creation or tailor sounds for innovative projects. Moreover, its adaptability means it could be applied to entirely new fields with slight modifications.
However, NVIDIA has not yet disclosed whether Fugatto will be made publicly available. In the past, companies like Meta and Google have developed similar AI models, but Fugatto’s advanced features may give it a competitive edge.
NVIDIA’s Fugatto represents a significant step forward in the field of generative AI, offering unparalleled capabilities for audio creation and sound manipulation. Its potential to mimic human understanding of sound, coupled with its multilingual and polyphonic features, positions it as a cutting-edge tool for developers, creators, and researchers. Whether Fugatto will be accessible to the general public remains uncertain, but its introduction reinforces NVIDIA’s role as a pioneer in the ever-evolving world of artificial intelligence.
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Trust Wallet is a non-custodial cryptocurrency wallet designed for users to securely store, send, and receive digital assets.
This versatile wallet has gained significant popularity due to its ease of use, security, and support for a wide variety of cryptocurrencies. Here, we will explore what Trust Wallet is, how to use it, and its features, advantages, and disadvantages.
What is Trust Wallet?
Trust Wallet is a decentralized wallet application that allows users to manage their cryptocurrency holdings. It was acquired by Binance in 2018 and has since become one of the most trusted wallets in the crypto space. Trust Wallet supports a wide range of blockchains and tokens, including Bitcoin, Ethereum, Binance Smart Chain, and NFTs.
Key Features of Trust Wallet
Multi-Currency Support: Trust Wallet supports more than 4.5 million tokens and 65 blockchains, making it suitable for diverse portfolios.
NFT Storage: Users can store and view their non-fungible tokens (NFTs) directly in the wallet.
Built-in DApp Browser: Trust Wallet allows users to interact with decentralized applications (DApps) and perform DeFi activities like staking and swapping.
Staking Capabilities: Users can earn rewards by staking popular cryptocurrencies such as BNB, Solana, and Polkadot.
User-Friendly Interface: Its intuitive design ensures that even beginners can navigate and use the wallet effortlessly.
High-Level Security: Trust Wallet is a non-custodial wallet, meaning private keys are stored locally on the user’s device, ensuring full control of funds.
How to Use Trust Wallet?
Download the App: Trust Wallet is available on iOS and Android devices. Download it from the App Store or Google Play Store.
Create a Wallet:
Open the app and select “Create a New Wallet.”
Back up your 12-word recovery phrase and store it securely.
Confirm the phrase to finalize wallet creation.
Add Cryptocurrencies:
Tap on the “Receive” button to find your wallet address for different coins.
Copy the address and transfer funds from another wallet or exchange.
Send or Receive Crypto:
Use the “Send” or “Receive” buttons to transfer cryptocurrencies seamlessly.
Explore DApps: Access decentralized applications using the built-in browser.
Advantages of Trust Wallet
Free to Use: Trust Wallet does not charge any wallet fees.
Non-Custodial: Users retain full control over their private keys and funds.
Wide Asset Support: Its extensive compatibility makes it an all-in-one solution for crypto enthusiasts.
Staking Rewards: Earn passive income by staking supported tokens.
NFT-Friendly: Ideal for users who own and trade NFTs.
Privacy Focused: No personal information or KYC is required to use Trust Wallet.
Disadvantages of Trust Wallet
Mobile-Only: Trust Wallet does not have a desktop version, limiting its accessibility.
DApp Browser Restrictions: Certain features, such as the DApp browser, may be limited depending on regional policies (e.g., iOS restrictions).
Learning Curve for Beginners: While the interface is user-friendly, new users may find crypto jargon and concepts overwhelming.
Is Trust Wallet Reliable?
Trust Wallet is considered safe and secure for managing digital assets. However, its security largely depends on how users manage their private keys and recovery phrases. Always ensure:
Your device is secure.
Recovery phrases are stored offline and not shared with anyone.
You only download the app from official sources.
Trust Wallet is a reliable and versatile solution for crypto users looking for a secure, user-friendly, and multi-functional wallet. Its support for NFTs, staking, and a broad range of cryptocurrencies makes it an excellent choice for beginners and experienced users alike. However, its mobile-only limitation may be a drawback for those seeking desktop accessibility.
Trust Wallet offers a robust combination of features and security, making it a top choice in the world of cryptocurrency wallets. Always exercise caution when managing your crypto holdings and follow best practices for wallet security.
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Published: November 26, 2024 at 3:15 am Updated: November 26, 2024 at 3:15 am
by Ana
Edited and fact-checked:
November 26, 2024 at 3:15 am
To improve your local-language experience, sometimes we employ an auto-translation plugin. Please note auto-translation may not be accurate, so read original article for precise information.
In Brief
Synthetix has introduced a new product line, ‘Synthetix Vaults,’ to complement its decentralized derivatives platform and diversify the protocol’s revenue streams.
Decentralized finance (DeFi) platform Synthetix has introduced a new product line called ‘Synthetix Vaults’. These vault strategies are designed to complement Synthetix’s core offering—a decentralized derivatives platform—while also diversifying the protocol’s revenue streams. The initiative reflects Synthetix’s commitment to expanding its ecosystem with innovative financial products.
In the coming months, Synthetix plans to roll out a variety of vaults, starting with leverage token vaults and progressing to yield-generating strategies such as basis trade capture and funding rate arbitrage, alongside other actively managed approaches. This product line aims to enhance the platform’s functionality and attract a broader range of users by providing sustainable and efficient tools for revenue generation.
Synthetix has also announced plans to acquire TLX, a leveraged token protocol powered by the Synthetix v2x perpetuals platform on Optimism. If approved by both communities, this acquisition would represent the first step in offering a comprehensive suite of vaults, simplifying access to the Synthetix ecosystem. These vaults are positioned as a central element in Synthetix’s future strategy, offering composable, reusable financial products that integrate seamlessly across the broader DeFi landscape.
Synthetix highlights the growing role of vaults within DeFi, particularly in catering to one side of the market. Most DeFi protocols function as multi-sided platforms—pairing traders with liquidity providers or borrowers with lenders. Vaults provide an intuitive solution for retail participants who prefer a ‘fire-and-forget’ method of interacting with protocols, often mediated by professional managers. Synthetix has long been involved in this space, with over $100 million in SNX staked in its mainnet staking pool and 11 liquidity pools supporting its perpetual exchanges.
The concept of vaults addresses two critical needs: enabling community members to power the protocol using their own assets and earn risk-adjusted returns. This dual benefit fosters growth and strengthens community engagement. Synthetix vaults are designed to bolster the robustness of its perpetual markets, encouraging network effects and providing users with reliable, sustainable strategies to generate revenue.
Retail users often come to DeFi protocols with specific objectives, such as gaining price exposure to preferred assets, earning yield on stablecoins, or achieving higher returns by funding liquidations or providing risk backstops for protocols they trust. Vaults simplify these processes by abstracting away the complex mechanics and workflows required to meet these objectives. They offer a straightforward solution—delivering exactly what users seek with minimal friction. Moreover, the composable and transferable nature of vault tokens within Synthetix’s trust-minimized, decentralized system positions these products as potential cornerstones of the DeFi ecosystem.
Synthetix: What Is It?
Synthetix is a DeFi platform offering liquidity for various permissionless derivatives, including perpetual futures, options, and parimutuel markets. It operates across chains compatible with the Ethereum Virtual Machine (EVM), utilizing a network of composable and decentralized smart contracts.
The platform features a set of composable and decentralized smart contracts. Users can participate by staking collateral through the Synthetix staking decentralized application (dApp). By doing so, they provide liquidity to the platform and, in return, earn rewards such as weekly inflation incentives and a share of trading fees generated within the ecosystem.
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
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Alisa Davidson
Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
Published: November 25, 2024 at 11:05 am Updated: November 25, 2024 at 11:05 am
To improve your local-language experience, sometimes we employ an auto-translation plugin. Please note auto-translation may not be accurate, so read original article for precise information.
More than 50 Partners Gathered, Including TON Society, TOX, Yescoin, and MEXC, Converging in Bangkok
The TON Hacker House Bangkok, hosted by TONX, TON Society, and co-hosted by TOX, Yescoin, and MEXC, attracted more than 3,400 registered attendees, bringing together developers, innovators, and industry leaders. The event, which took place on November 14, showcased the strength and growth of the TON ecosystem and fostered collaboration within the Web3 community. The event was supported by over 50 sponsors, partners and more than 300 developers participating in the hackathon, with 70+ demo submissions.
TONX paper airplane ceremony (TONX)
Web3 Leaders Share Visionary Insights on the Future of the TON Ecosystem
The event kicked off with the iconic TONX paper airplane ceremony, led by key figures including Steve Yun, President of TON Foundation; Wego, Co-Founder of TONX; and Paul V., Managing Partner of Pantera Capital. Wego C., Co-Founder of TONX, emphasized, “As Telegram’s user base expands to 950 million users, the TON ecosystem is becoming increasingly vibrant. TONX is committed to supporting the ecosystem’s growth, driving mutual success for all.” Paul V. shared insights on Pantera’s strong confidence in TON, while Steve Yun highlighted TON’s potential in the PayFi and DeFi sectors.
Industry leaders gathered to discuss the future of the TON ecosystem, providing insights into upcoming opportunities and challenges for Q4 2024 and Q1 2025. Keynote speakers included Dr. Awesome Doge, Co-Founder of TONX; Ekin Tuna, Co-Founder of TON Society; Weiyi, Tech Lead of TONX API; Pako, Co-Founder of Televerse; John, APAC Lead at Yescoin; Sophia Rusconi, Head of Acceleration at Ton Accelerator; Inal K., Partner at TON Ventures; Diamond, BD Director at SoarFun; Mera, KOL Marketing Manager at MEXC; and Juakho, Head of BD at UMY.
Keynote Speakers (TONX)
Exploring the Trends of DeFi, Meme, and SocialFi
“Unlocking TON DeFi: Integration, Liquidity, and Cross-Asset Growth” explored the potential of DeFi within the TON ecosystem, featuring speakers like Tim Nugent (Senior DeFi Engineer at GSR), Calvin Chu (Core Builder at Impossible Finance), Oleg (CTO of Tonkeeper), and Halil Mirakhmed (CSO at TOP.co). Moderated by Birchnut, Founder of KTON, the session delved into the future of decentralized finance.
“Meme Revolution on TON: Redefining Community & Value” discussed the role of memes in the TON ecosystem, featuring speakers like Tyrelle (CTO Lead at TON CAT), Larry (CTO Lead at Sadmeow), and JH (Founder of Harpoon Web3). Moderated by Pukerainbow, Founder of Pukecast, the discussion explored how memes are shaping community engagement and value.
“Play, Social, Earn: The Synergy of Gaming, Memes, and DeFi Projects on TON” brought together key speakers such as John (APAC Lead at Yescoin), Wego (Co-Founder of TONX), Norbert (Global Growth at Nubit), and Paul Delio (Chief Business Officer at CARV). Moderated by Yy, Listing Head at MEXC, this session focused on the convergence of gaming, social interaction, and decentralized finance.
DeFi, Meme, and SocialFi Panel Discussion (TONX)
Unveiling TONX API Product Announcements: TOP 20 Partners and the 2025 Roadmap
TONX API, the leading provider of TON APIs & RPC infrastructure and a comprehensive development platform, has partnered with industry leaders across various sectors. These include Blum, Catizen, CoinGecko, Google Cloud, 98 Wallet, Alibaba Cloud, Deepcoin, All at Once, DuckCoop, WONTON, Yuliverse, Genopets, Yescoin, Tradoor, TonBit, Bitget Wallet, MEXC, Gate Ventures, Gamee, Footprint Analytics, and more.
Weiyi, Tech Lead of TONX API, unveiled its exciting roadmap for 2025, which includes the official launch of TONX API’s new version. This update introduces powerful features such as TONX.js, a JavaScript SDK, and an adapter to streamline development for both new and existing developers.
Key product highlights include:
Noah: A groundbreaking solution designed to ensure reliable transactions during TON blockchain crashes, offering peace of mind for developers and users alike.
League: A feature that will provide free and accelerated transactions across the TONX ecosystem, enhancing user efficiency.
Tontractor: An all-in-one developer tool that empowers creators and builders to easily develop decentralized applications (DApps) within the TON blockchain ecosystem.
These innovations signal an exciting future for the TON ecosystem as TONX API continues to drive the developer experience and support ecosystem growth.
TONX API announced TOP20 Partners (TONX)
Hackathon Demo: $1.2M Prize Pool and Global Developer Talent
The highlight of the event was the Hackathon Demo, showcasing the most innovative projects from developers worldwide. With a $1.2M prize pool, supported by TONX, TON Society,TON Ventures, SNZ Holding, Summer Ventures, HashKey Global, Footprint Analytics, Nubit, and MEXC Ventures, the Hackathon aimed to encourage groundbreaking Web3 development and technological innovation.
Key judges included Inal K., Partner at TON Ventures; Dr. Awesome Doge, Co-Founder of TONX; Issa; Alven Lin, Partner at Summer Ventures; Pei, CTO of TONX; and Issa, Investment Director at MEXC Ventures.
The hackathon attracted over 300 global developers, with more than 70 demo projects submitted. GameFi projects made up 45.1%, DeFi projects accounted for 39.4%, and SocialFi and Meme projects also represented a significant portion. The final demo featured 20 teams, including All At Once, Televerse, YuliGO, TBook, ForU AI, Monster Kingdom, UTONIC, Titan, Tonco, UStars, Ton.AI, WONTON, Power Network, BAYCMiner, Vanilla Finance, JAMTON, TonBags, Krypton, AEX, and TonOfTrades.
Community Partners: DA Capital, KTON, MAXX Capital, TMM Club, AlphaTON, 852web3, Starbase, TON Japan
About TON Hacker House Bangkok
TON Hacker House Bangkok, hosted by TONX and TON during Devcon, is an event where developers, projects and attendees get to immerse in a day where innovation meets freedom of expression.
TONs of projects will be able to apply for a chance to perform their project demos in front of key industry leaders, tier-1 venture capitals, and thousands of attendees to get the best exposure in Bangkok, Thailand.
About TONX
TONX is the cornerstone that empowers builders to scale applications with Telegram and TON. As the pioneering partner of TON, TONX offers an open platform that connects developers, investors, and users to shape the new economy. Their acclaimed TON Hacker House in 2024 fueled a wave of innovative Web3 projects. TONX API, a key product of TONX, is the driving force behind the 950 million-user Web3 SuperApp ecosystem.
Website | X | Telegram | TONX Event X | TONX Event Telegram
About TON Society
TON Society is a grassroots global movement supporting TON Community with growth systems and events. Connecting TON Community to the real world. TON Society is for the revolutionaries actively building a better internet. Connect, Grow, Contribute.
Website | X | Telegram
About TOX
TOX is unlocking DeFi opportunities on the TON ecosystem, serving as a key gateway for both newcomers and experienced traders. Designed for flexibility and ease of use, TOX allows users to access DeFi without the complexity, while providing powerful tools for advanced traders. As the TON ecosystem continues to grow, TOX is poised to become a core platform, driving adoption and making DeFi more accessible to millions.
Built by a team of engineers with experience in projects exceeding $1 billion in TVL and over $45 billion in trading volume, all without any security incidents, TOX is backed by TONX, Shu Tsuwei of HMX, Coral DeFi Capital, and Douro Labs.
X | Telegram
About Yescoin
Yescoin is one of the largest mini-apps on Telegram, committed to educating and guiding hundreds of millions of users into the Web3 world.
X | Telegram
About MEXC
Founded in 2018, MEXC is dedicated to being “Your Easiest Way to Crypto.” Known for its extensive selection of trending tokens, airdrop opportunities, and low fees, MEXC serves over 10 million users across 170+ countries. With a focus on accessibility and efficiency, our advanced trading platform appeals to both new traders and seasoned investors alike. MEXC provides a seamless, secure, and rewarding gateway to the world of digital assets.
Website | X
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
The partnership between German automotive giant BMW and robotics company Figure AI is set to transform the landscape of automotive manufacturing. Figure 02, the latest humanoid robot from Figure AI, has been operational at BMW’s production facility, showcasing significant advancements. In a recent update, it was revealed that Figure 02 now operates four times faster, marking a major leap in robotics performance.
Figure 02 Just Got Faster
According to a company statement, Figure 02 has achieved a 400% speed increase and a sevenfold improvement in accuracy on the production line. In a newly released video, the humanoid robot is shown placing 1,000 parts per day with remarkable precision. Brett Adcock, founder and CEO of Figure AI, highlighted that as more robots are deployed and more data is collected, the underlying artificial intelligence models will continue to improve, further enhancing the robot’s performance.
One of the video highlights includes Figure 02 autonomously placing a high-precision sheet metal on a pin post less than 1 cm wide. Adcock emphasized the complexity of this task, noting the need to reduce the processing time by four minutes and eliminate any margin of error during the operation.
“This task was at least ten times more difficult than the stationary tabletop manipulation tasks we had previously demonstrated,” Adcock explained. The robot demonstrated exceptional ability in gripping and precisely placing difficult-to-control metal parts without colliding with the fixing points.
The Advanced Features of Figure 02
Figure 02, introduced just three months ago, represents a significant redesign of both hardware and software. It integrates advancements in artificial intelligence, computer vision, batteries, electronics, sensors, and actuators. The robot’s human-like capabilities include:
Natural Language Communication: Equipped with built-in microphones and speakers connected to custom AI models developed in collaboration with OpenAI, enabling seamless interaction with humans.
Human-Scale Hands: With 16 degrees of freedom, these hands allow for a wide range of human-like tasks.
BMW and Figure AI Collaboration
The collaboration between BMW and Figure AI began earlier this year, with the first tests conducted at BMW’s Spartanburg factory. Figure 02 has already demonstrated its potential to streamline production processes, significantly increasing speed and accuracy in tasks that were previously deemed highly challenging.
As the integration of humanoid robots like Figure 02 continues, the partnership between BMW and Figure AI is expected to set a new standard in manufacturing efficiency and innovation.
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Published: November 25, 2024 at 7:00 am Updated: November 25, 2024 at 7:00 am
by Ana
Edited and fact-checked:
November 25, 2024 at 7:00 am
To improve your local-language experience, sometimes we employ an auto-translation plugin. Please note auto-translation may not be accurate, so read original article for precise information.
In Brief
Bitcoin nears $100K with strong institutional demand and record inflows, Ethereum sees growing adoption and dApp activity despite whale sell-offs, and Toncoin surges with major integrations and rising market prominence, all signaling continued bullish momentum in the crypto market.
Bitcoin News & Macro
As ever, Bitcoin is stealing the spotlight this week, turning heads all across the market. Spot Bitcoin ETFs pulled in a jaw-dropping $1.7 billion in fresh inflows, marking the sixth straight week of gains and pushing total assets under management to $95.4 billion. So, institutional demand is clearly on the rise.
Source: SoSoValue
At the same time, Bitcoin smashed through the $99,000 barrier, posting a record 40% monthly candle. The rally is largely driven by the promise of a crypto-friendly U.S. administration under President-elect Donald Trump. Analysts are buzzing with talk of six-figure valuations before the year wraps. Overall, liquidity is pouring into the market as stablecoin inflows hit a record $9.7 billion this month.
Source: Leon Waidmann
Regulators are also adding to the narrative. The Commodity Futures Trading Commission (CFTC) endorsed tokenized trading collateral in a recent report. This could make Bitcoin a game-changer for fixing inefficiencies in traditional markets.
Source: CFTC
Still, not everyone is jumping on the moonshot bandwagon just yet. On-chain metrics are flashing yellow, with elevated funding rates and large whale movements hinting at a possible local top.
Source: VanEck
The market’s mood remains upbeat, but seasoned traders know it’s wise to keep one eye on the risk dashboard as this rally unfolds.
BTC Price Analysis
In terms of price action, Bitcoin spent the week grinding just below the critical $100,000 mark, consolidating after the recent explosive rally.
Source: TradingView
On the daily chart, price action has been locked in a range between $96,500 and $99,000, with buyers consistently defending the $96,500 level. This support aligns with the 20-day EMA, highlighting bullish control of the trend. Last week’s breakout above $92,000 flipped a key resistance zone into support, setting the stage for a potential push into uncharted territory.
Source: TradingView
Zooming into the 4-hour chart, Bitcoin has carved out a horizontal channel, showing clear signs of accumulation around $96,500. The upper boundary at $99,000-$100,000 has acted as a magnet for profit-taking, but long lower wicks suggest dip buyers are stepping in aggressively. The consolidation has a bullish flag feel, hinting at another leg up if the $100,000 resistance is breached. However, lingering RSI divergence and a breakdown below $96,500 could spark a retracement toward $92,000. All eyes remain on whether the bulls can reclaim $100,000, a move that could ignite FOMO and send BTC soaring further into blue-sky territory.
Ethereum News & Macro
Ethereum also made waves this week, holding its ground despite a hefty $1.3 billion whale sell-off. The market’s vibe is clear: confidence in Ethereum’s upward momentum is building fast.
Source: Lookonchain
On the adoption front, Ethereum’s DApp ecosystem is on fire, with activity jumping 38% in just a month.
Source: DappRadar
This surge underscores growing traction across decentralized platforms, fueling chatter about a potential price breakout.
Adding fuel to the fire, ZA Bank – Hong Kong’s largest virtual bank – is now letting retail users trade Ether and Bitcoin. This move could channel fresh liquidity from Asia straight into the ETH market.
That said, the ride may not be smooth. Analysts warn a price correction could hit before Ethereum rallies to a projected $20,000 peak by 2025. Still, institutional and retail interest – dubbed “smart money” – is staying strong, giving ETH a sturdy foundation. While near-term volatility looms, the mid-term outlook paints a bullish picture.
ETH Price Analysis
Ethereum has also flexed its bullish muscles this past week, rallying from the $3,160 support after a tight consolidation phase.
Source: TradingView
Early on, ETH moved sideways between $3,160 and $3,200, signaling accumulation as buyers absorbed selling pressure. A breakout soon followed, with a bullish engulfing candle driving the price past $3,300 and up to $3,420. The move formed an ascending channel, showcasing a steady, controlled uptrend. Daily closes above the 20-EMA reinforced the bullish structure, while the 4H chart’s 50-EMA provided consistent dynamic support.
Source: TradingView
Now, ETH is testing resistance near $3,400-$3,420, consolidating with smaller-bodied candles as the market takes a breather. A daily close above this level could clear the path to $3,500 and higher, while a rejection might send prices back toward the $3,160-$3,200 zone. The RSI on the 4H chart remains bullish, leaving room for further upside without signs of exhaustion. With strong demand and limited sell-offs, Ethereum’s medium-term outlook remains upbeat, signaling that buyers are firmly in control.
Toncoin News & Macro
The TON ecosystem has been buzzing this past week. A standout move was the integration of TON’s on-chain data into Arkham, which is set to give traders and institutions sharper tools to dissect trading activity and track large transactions.
Source: Arkham
Another big headline came from NEUTON Protocol, a TON-based project backed by none other than NVIDIA. With a token presale kicking off at rock-bottom prices and upcoming listings on exchanges like BitMart, CoinDCX, and MEXC, this is a clear signal that heavyweight players are starting to take TON seriously. NVIDIA’s involvement lends credibility and could spark fresh demand for Toncoin as investors take notice.
Source: NEUTON
On the DeFi front, TONCO’s debut as the first decentralized exchange on TON marks a pivotal moment. Supported by Algebra Labs, it comes with concentrated liquidity pools and a lof of promise for the TON ecosystem.
Source: TONCO
Capping it all off, Toncoin claimed the fourth spot among the most trafficked blockchains globally – a testament to its rising prominence.
Source: CoinMarketCap
This surge in visibility reinforces TON’s credibility and could translate into stronger market sentiment.
TON Price Analysis
On the price front, TON had a breakout week, with bullish momentum reclaiming key levels and driving prices higher.
Source: TradingView
Early consolidation around $5.50 set the stage for an ascending triangle breakout on both the daily and 4-hour charts, sparking a rally that smashed through $6.00 and peaked at ~$6.40. Strong buying volume fueled the move, signaling real demand, while the daily EMAs confirmed the uptrend as the price stayed above both the 20-EMA and 50-EMA. After the rally, a textbook pullback retested $6.00 as support, holding steady and reaffirming buyers’ control.
Source: TradingView
Now, TON is consolidating near $6.20 in what looks like a bullish flag, hinting at a potential push toward the $6.40-$6.60 zone. The reclaim of $5.50 as support and the solid defense of $6.00 have flipped the market structure bullish, setting up a strong base for further gains. If $6.00 holds, the trend remains firmly in favor of the bulls, with dips likely to attract buyers. A breakout above $6.40 could ignite the next leg up, while a slip below $6.00 may invite retests of lower levels like $5.50 – but overall, the momentum is clearly leaning upward.
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Victoria is a writer on a variety of technology topics including Web3.0, AI and cryptocurrencies. Her extensive experience allows her to write insightful articles for the wider audience.
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Victoria d’Este
Victoria is a writer on a variety of technology topics including Web3.0, AI and cryptocurrencies. Her extensive experience allows her to write insightful articles for the wider audience.
The volatile world of cryptocurrencies offers investors a thrilling adventure, balancing the fine line between great risks and potential returns. In this article, we’ll explore the seven most significant market crashes in the history of the cryptocurrency world.
1.Bitcoin’s First Major Blow in June 2011
The year 2011 marked Bitcoin’s entry into the mainstream. Prices skyrocketed from $2 to $32, giving early investors a glimmer of hope. However, on June 19, Mt. Gox, the largest Bitcoin exchange at the time, announced that it had been hacked, resulting in the theft of hundreds of thousands of dollars’ worth of Bitcoin. The announcement sent shockwaves through the market, causing Bitcoin’s value to plummet below $1, leaving many investors devastated.
2.The Ponzi Scheme of August 2012
In 2012, a cleverly crafted Ponzi scheme promised investors an unbelievable 7% weekly return. The scammer behind the scheme managed to steal approximately 700,000 Bitcoins before disappearing. This incident fueled another wave of panic in the crypto markets, shaking investors’ trust in the ecosystem.
3.Bitcoin’s Success Leads to a Crash in April 2013
By 2013, Bitcoin was gaining traction in the media and attracting a surge of new investors. The price soared to $260, but the surge in demand overwhelmed the Mt. Gox exchange, leading to its technical collapse. Hackers took advantage of the chaos, causing the exchange to shut down completely. As a result, Bitcoin prices plummeted to $50 almost instantly.
4.China’s Bitcoin Ban in December 2013
In December 2013, the Chinese government officially banned Bitcoin, triggering a massive sell-off. The market experienced a dramatic 50% price drop, causing widespread losses and reinforcing the notion of regulatory risks in cryptocurrencies.
5.The 2017 Bubble Burst
Bitcoin reached an all-time high of $20,000 in December 2017, driven by unprecedented interest from retail investors. However, this rapid climb proved unsustainable. On December 27, 2017, the bubble burst, leading to a steep decline. Bitcoin’s value tumbled from $20,000 to below $12,000, marking one of the sharpest corrections in its history.
6.The Pandemic Crash in March 2020
The onset of the global COVID-19 pandemic in March 2020 caused widespread panic in financial markets, and cryptocurrencies were no exception. Over the course of just two days, Bitcoin lost half its value, dropping to as low as $4,000.
7.The May 2021 Sell-Off
In May 2021, Bitcoin reached an all-time high of $64,000. However, several factors, including Elon Musk’s Tesla announcing it would no longer accept Bitcoin payments, China’s tightened regulations, and debates over Bitcoin mining’s environmental impact, led to a sharp correction. Bitcoin’s value plunged by over 50%, sending shockwaves across the market.
Lessons from Crypto’s History
These crashes highlight the high-risk nature of cryptocurrency investments. While the potential for returns is undeniable, investors must remain vigilant and prepared for significant volatility. As history has shown, the crypto market’s highs can be meteoric, but its lows can be just as dramatic.
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Google has announced that it is equipping its artificial intelligence assistant, Gemini, with the capability to operate directly within applications. This groundbreaking feature, currently in development, is poised to significantly enhance the functionality of digital assistants. As part of this update, the Android 16 developer preview introduces a new “app functions” API, enabling Gemini to perform specific tasks within apps. This feature is similar to the “app intentions” API unveiled by Apple in iOS 18, which allows smart assistants to operate more efficiently. With these updates, Google Gemini will soon be able to interact with apps on behalf of users.
Google and Apple’s Rivalry in Empowering Smart Assistants
According to Google’s developer site, application functions are defined as “the functionality that an application offers to the system.” These functions are designed to integrate seamlessly with various system features. For instance, Gemini will allow users to order food from a restaurant without even opening the app. Meanwhile, Apple is also testing a comparable feature for its assistant Siri in iOS 18, set for release in 2025. Siri’s update will introduce capabilities like ordering food or completing app-specific tasks on behalf of users, ensuring direct competition with Gemini.
The Future of Smart Assistants
The advancements by Google and Apple signal a major leap forward in the functionality of smart assistants. These features aim to empower users by automating repetitive tasks and enhancing convenience. Both companies are paving the way for a future where AI assistants can perform a vast range of operations seamlessly within apps, redefining the user experience.
By integrating these innovative features, Gemini and Siri are evolving into indispensable tools that promise to revolutionize how users interact with technology.
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Published: November 22, 2024 at 11:00 pm Updated: November 22, 2024 at 11:17 am
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The recent predictions concerning the Shiba Inu price have excited SHIB holders. This is because market analysts are foreseeing the Shiba Inu price to rise past $0.5. However, they have identified another altcoin with even better prospects—WallitlQ (WLTQ). The WallitIQ (WLTQ) altcoin has been predicted to rally by 70,000% in the next few days— a quicker timeline compared to the Shiba Inu price.
Shiba Inu Price Prediction: SHIB To Break Past $0.5
The Shiba Inu price has achieved quite a milestone since its inception; its massive surge in 2021 is noteworthy. However, market sentiments have since affected the token, and it has considerably dropped over time.
The Shiba Inu price is set to see a huge value increase due to a couple of factors. The token is one that is driven by market sentiments. Hence, the recent crypto market recovery following the just concluded US elections has considerably affected activities in the SHIB market, which will, in return, push the Shiba Inu price.
Undoubtedly, the Shiba Inu price could see a move from its current value of $0.00002385. Market analysts are predicting slow but consistent growth that will lead to the Shiba Inu price breaking past $0.5.
The only roadblock to consider is that these factors are subject to change, especially for a long-term price point. The growth of the Shiba Inu price could be hindered by market volatility in the long run. This is where the new reliable altcoin, WallitIQ (WLTQ), comes in, offering investors huge returns within a short period.
WallitIQ (WLTQ) Offers Investors A Better Alternative With Its 70,000% Rally
The WallitIQ (WLTQ) altcoin is selling at a price of $0.0171 in its ongoing presale. This altcoin has been incredibly inexpensive to enable investors from all economic backgrounds to have a chance to buy the token. This cheap rate of the WallitIQ (WLTQ) altcoin is of huge benefit to crypto whales and investors, as it promises them a 70,000% return potential as demand for its token soars.
The WLTQ altcoin has an accompanying crypto wallet which highlights an inventive combination of artificial intelligence (AI) and machine learning (ML). This crypto wallet has caught a lot of attention for its user-friendly, hitch-free, and secure interface.
The WallitIQ (WLTQ) wallet has the most unique features and DeFi solutions a crypto wallet has ever offered. The crypto wallet is highlighted for its DeFi simplified nature, offering a platform for users at all experience levels. This makes a very conducive platform for beginners or more experienced crypto traders to navigate without being burdened by technicalities.
The intuitive interface is also a unique and eye-catching feature of the WallitIQ (WLTQ) crypto wallet. The interface is set to be fully customizable to meet individual preferences and needs. It has a dashboard that highlights the most relevant required information, such as charts, price updates or portfolio summaries. This will facilitate more efficient asset management on the platform.
Also, the smart suggestions feature, notably, offers real-time recommendations to users of the WallitIQ (WLTQ) crypto wallet. The crypto wallet studies user activity as well as market trends and conditions. Then, it predicts the best time to execute transactions and also helps identify viable opportunities in the crypto market.
These next-generation features attached to the WallitIQ (WLTQ) altcoin have increased its popularity in the crypto space. With the buzz currently surrounding it, undoubtedly, once it is listed on major exchanges, it will spike and possibly rally as high as the predicted 70,000%.
Conclusion
The Shiba Inu price has considerable potential, but indicators show that the WallitIQ (WLTQ) altcoin has even better potential. As a result, investors are more likely to record higher returns if they diversify their portfolio to accommodate the WallitIQ (WLTQ) altcoin. This can be done by purchasing WLTQ during its ongoing presale at its current inexpensive rate of $0.0171 before it spikes.
Join the WallitIQ (WLTQ) presale and community:
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Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
It’s no surprise that Roblox has become one of the top platforms for brands looking to expand their digital presence—with nearly 90 million daily active users, the gaming platform is prime real estate to get more eyeballs and build communities, especially among younger generations. As Roblox continues to grow as a virtual world where millions interact daily, brands have increasingly sought opportunities for collaboration within this space. Of all the custom brand activations on Roblox, one type of experience stands out when looking to maximize engagement: tycoon-style games.
What are Tycoon-Style Games & Why do they Resonate with Players?
Tycoon-style games have become a popular genre on Roblox, where players build and manage virtual businesses or empires, often aiming to generate wealth, expand their operations and achieve success. The genre encourages creativity and strategic thinking, as players build and optimize their businesses to maximize profits. The interactive nature of tycoon-style games underscores its impact on user engagement. In these games, players typically start with limited resources and work their way up by completing tasks, collecting items and managing in-game assets; the co-creation experience, sense of community and progression loop keep players coming back for more.
These games, with their engaging mechanics and rewards-based progression, have not only captured the interest of players but have also emerged as a powerful tool for brand engagement and marketing—players feel more connected to a brand, as they actively participate in its virtual world.
For example, Brooklyn-based haircare brand introduced this functionality into their Roblox world, the amikaverse. “Roblox is a natural place for us to continue building our community. It’s an ideal extension of our brand purpose, and a prime example of how we’re meeting our next-gen consumers where they are,” said Shannon Otto, Senior Director of Consumer Engagement at amika.
With the Salon Tycoon game, players step into the role of salon owners to design their own spaces, serving customers, earning amikabux and expanding their salons. Players could continue to decorate and upgrade their spaces, with higher salon ratings unlocking even more customizable pieces. As players evolve into true beauty business “tycoons,” they build long-term interest and investment in the game.
Tycoon-style games on Roblox offer brands on the platform a unique opportunity to connect with audiences in a fun, engaging and dynamic way. By tapping into the gaming platform’s vast community, brands can create memorable experiences and build long-term relationships with players. To learn more about creating custom Roblox activations for your brand, book a demo or email contact@obsessvr.com.
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