Kategorie: Crypto Markets

• Tech giant Microsoft and cross-chain protocol Axelar have partnered to advance blockchain technologies.
• Axelar has joined Microsoft’s Azure marketplace.
• The partners will leverage the Azure cloud technology to enhance user experience across Web3.

Microsoft and cross-chain protocol Axelar have announced an enterprise partnership that will see the two collaborate on interoperability and Web3 integration across Web2 systems. 

The tech giant and the crypto platform will work towards developing blockchain onramps to support all types of users, from global enterprises to Web3 startups.

Axelar joins Microsoft’s Azure markeplace

In an announcement on July 11, Axelar said the partnership will also explore how to integrate artificial intelligence (AI) within the public blockchains ecosystem. The collaboration sees the blockchain company join Microsoft’s Azure marketplace.

Axelar and Microsoft are pleased to announce a partnership for better integration of Web3 & traditional internet systems. The partnership will explore ways public blockchains can can help secure trust and speed integration of artificial intelligence (AI) in mainstream use cases. pic.twitter.com/XfKat1PIT0

— Axelar network (@axelarcore) July 11, 2023

As a result of this partnership, Microsoft customers can use the Azure marketplace to access Axelar’s blockchain solutions. Thousands of Microsoft’s cloud computing partners use the Azure Marketplace for software discovery and integration.

Microsoft and Axelar also eye hybrid blockchain initiatives, including ones targeted at connecting private and public blockchains. The plan is to leverage the Azure OpenAI services to bring new experiences to Web3 users.

Daniel An, the director of business development at Microsoft Web3 & AI, noted that the collaboration will boost further adoption of blockchain technology. He said:

“We are excited to collaborate with Axelar to accelerate blockchain integration and deliver valuable solutions to our customers. By leveraging our strengths and expertise, we can empower organizations to embrace blockchain technology and transform their operations.”

The post Axelar and Microsoft partner to advance an intelligent Web3 appeared first on CoinJournal.

• AltSignals’ presale has raced to 50% sold out in stage 2 already.
• The ActualizeAI layer will tap into Artificial Intelligence to boost accuracy of trading signals.
• Meanwhile, Netflix is seeing the use of AI in green screen technology as a game-changer.

Artificial Intelligence (AI) application across various industries and sectors continues to gather speed even as regulators push for rules to streamline growth.

Google, Microsoft and Meta lead the AI gold rush, but other companies like Nvidia and Netflix are quietly tapping into the technology to revolutionise their own industries. TechCrunch reports that in Netflix’s case, the new AI-enabled technology could be a game-changer for VFX artists.

In the crypto space, one AI-powered application that could potentially disrupt the trading industry is AltSignals. The project is edging closer to the launch of its own AI-powered layer, and is currently seeing huge interest with its token sale already 50% sold out.

Netflix reveals AI-powered green screen

The film and television industry have seen a fair share of revolutionary features from streaming giant Netflix. The company just added to that list with the debut of its Magenta Green Screen (MGS) – an application powered by artificial intelligence to change the visual effects space.

Researchers at the company say MGS makes VFX more realistic compared to legacy green screens. This is because an algorithm refined via machine learning gives colours near ground truth than models using simple algorithms.

Among the game-changing capabilities this new technology brings to the film and television industry is the ability for VFX artists to work with intricate details that have been extremely challenging. Observers say the use of generative AI provides for a major flip in filming, and Netflix is betting big on the possibilities that MGS could offer.

It’s such capabilities that have so excited the trading community when it comes to AltSignals. And if big companies like Netflix see the future in AI-powered systems, investing in the AltSignals presale could offer an opportunity investors might want to take. Here’s a bit more about this project.

What’s AltSignals?

AltSignals is an online trading platform that offers access to trading signals for its user community. The signals cover most markets, including cryptocurrency, stocks, forex and CFDs and are currently powered by a proprietary algorithm called AltAlgo.

Traders leverage signals offered by the trading tool to enter or exit trades, with an average success rate of around 64%.

An improvement on this score has seen the AltSignals team look to artificial intelligence. The project is developing an AI-powered layer that will leverage machine learning and natural language processing to increase win rates to an average of 80%.

ActualizeAI is that new platform that will be powered by a native utility token ASI. 

According to details in their whitepaper, the project says tapping into AI will see ActualizeAI analyse data from virtually every corner of the market, including news, sentiment and price indicators. Optimising this data for best buy or sell prices is expected to add to the overall profitability of trades.

Strong AI-narrative sees AltSignals presale register huge interest 

AlltSignals’ presale began with the ASI token priced at $0.012. The price has since increased in two subsequent stages, with ASI available at $0.015 in the first stage before rising to $0.01875. The AI-related token will eventually rise to $0.02274 in the last stage of the presale, giving early buyers significant returns.

The trading community is largely optimistic of ActualiseAI’s capabilities and features as shown by how fast the presale has progressed. 

Investors are also see ASI as a potentially interesting token to hold, particularly around the broader benefits that could come with its utility, including ecosystem governance, staking and participating in tournaments.

What’s the AltSignals price outlook? ASI to $1 in 2024?

Price predictions for AltSignals’ native token suggest a rally to new highs when it goes live on exchanges later in the quarter. Key short term price targets would be at $0.5 and $1. Exchange listings and ActualizeAI launch could possibly combine with positive market conditions to push ASI higher.

The reason for such a bullish view for AltSignals is that it’s already a trusted platform. The number of users has quickly grown into one of largest trading communities and the numbers could explode when the presale ends. 

Amid this outlook, investors might still want to focus on what happens with the AI-powered signals layer. Success could be a huge booster for ASI price.

Read more on AltSignals here.

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• Shiba Menu is a new Shiba-themed AI-powered cryptocurrency project.
• It is currently conducting a presale for its native token Shiba Menu (SHMU).
• One SHMU is currently going for $0.012250, however, it is only a matter of hours before that price increases to $0.012475.

Shiba Menu, a new cryptocurrency project taking advantage of the meme coin and artificial intelligence hype has launched its token presale, which has attracted quite a huge number of investors within the first few days.

The Shiba Menu presale has already raised in excess of $294,961 and the price of SHMU tokens is expected to rise in the next 2 hours.

What is Shiba Menu?

Shiba Memu is a ground-breaking cryptocurrency token that combines blockchain and AI to produce an unstoppable, fully independent marketing powerhouse. It is a brand-new and ground-breaking meme token.

Shiba Menu will develop its own marketing strategies, write its own PR, and advertise itself in pertinent forums and social networks, in contrast to other meme tokens that depend heavily on human teams’ marketing efforts to gain traction.

Shiba Menu’s native token SHMU is a distinctive and alluring investment because of its self-sufficient marketing abilities, which are supported by AI technology.

How Shiba Menu works

The Shiba Menu platform uses blockchain and AI technologies to generate content including press releases, social content, and marketing materials. The platform’s AI continually analyzes data and then self-publishes the generated content across relevant forums and social platforms.

The Shiba Menu interactive AI dashboard responds to user inquiries and channels data from every newly developed insight into conversations it holds with real people across forums and social channels.

Besides blockchain technology, Shiba Menu uses AI-powered Natural Language Processing (NLP), Sentiment Analysis, Image and Video Recognition, Predictive Analytics, and Personalization.

Shiba Menu pegs its success on its self-sufficient marketing and promotion solutions that make it a low-maintenance crypto project. It is powered by a cross-chain token called SHMU token, which operates on both Ethereum and Binance Smart Chain (BSC).

85% (850 million) of the total SHMU tokens in circulation supply are currently up for grabs in the ongoing token presale that will see 350 million tokens sold on BSC and 500 million tokens sold on Ethereum.

Why invest in Shiba Menu?

The meme token has witnessed parabolic growth in recent years just like the artificial intelligence (AI) market that has seen a lot of hype since the launch of ChatGPT. According to Coinmarketcap, the meme token market grew by over $20 billion in two years between 2020 and 2022.

The success of meme tokens like Shiba Inu (SHIB) and Dogecoin (DOGE) has prompted the development of an array of meme tokens most of which hit the ground running. For instance, the PEPE and KEKE mem coins which were recently launched are now among the most trending cryptocurrencies after witnessing a huge surge in trading volumes.

Going by the recent trends, the demand for meme tokens is only expected to grow even further in the years ahead, offering a great market opportunity for Shiba Menu (SHMU) meme token. The self-sufficient, AI-powered marketing capabilities make SHMU a compelling, highly attractive opportunity for investors.

The post Presale of the new AI-powered Shiba Menu project attracting huge investor attention appeared first on CoinJournal.

• Bitcoin inflows over last week was $133 million, compared to Ethereum’s $2.9 million.
• Total inflows into crypto asset products was $136 million, with this the third consecutive week of inflows.
• Altcoins such as XRP, Solana, Polygon, Litecoin and Aave saw minor inflows.

Inflows into crypto investment products was $136 million this past week as the confidence in the digital assets investment space continued to build momentum.

According to data from crypto asset management firm CoinShares, last week marks the third consecutive week of inflows. With investors putting over $470 million into various crypto products, the 3-week period has resulted in a full correction of the outflows recorded over the previous nine weeks.

CoinShares’ report highlighting the digital asset investment market puts the year-to-date flows at a net positive of $231 million.

Bitcoin saw $133 in inflows

With Bitcoin mostly bullish in the past few weeks, institutional investors’ focus has largely been predominantly on Bitcoin products. That is explained by the inflows of $133 million for Bitcoin over the week, masively dwarfing Ethereum’s $2.9 million. Short-bitcoin products indeed saw outflows of $1.8 million to reinforce this perspective.

Leading altcoins such as XRP, Solana, Polygon, Litecoin and Aave recorded minor inflows. Even then, the signal is investors have a mostly positive outlook for the flagship crypto asset compared to altcoins.

Bullish crypto market after BlackRock ETF filing

This has come at a time when sentiment across the broader crypto market has largely flipped bullish and spot prices ticked up for most cryptocurrencies.

Numerous spot Bitcoin ETF proposals, led by top asset manager BlackRock, helped bulls push to new YTD levels. [Read more]

However, the uptick in inflows has come amid reduced trading turnover. The past week had a total investment products volume of $ 1 billion, compared to an average of $2.5 billion over the two weeks prior. Per CoinShares, low volumes seen over the week are likely due to seasonal effects – a scenario typically observed between July and August.

The post Crypto investment products hit 3-week streak of inflows appeared first on CoinJournal.

• So far, the AltSignals presale has raised $1,124,969.8875.
• At the current stage, one ASI token is going for $0.01875.
• Stage 2 of the presale is 50% sold out less than 10 days after it was started.

The AltSignals presale is gaining steam amid the increased artificial intelligence (AI) hype. While the first two presale stages (Beta sale and Stage 1) took slightly longer to sell out, Stage 2 seems it could sell out in a week’s time.

The price of the new AltSignals’ ASI token has been rising across the presale stages and it has so far increased by 56.25%. At the start of the presale, the ASI token was worth $0.01200 and it is now worth $0.01875.

AltSignals AI initiative

AltSignals has become a market leader in the trading platform industry and is currently attracting a lot of attention from the cryptocurrency technology industry. Since its launch in 2017, AltSignals has established a reputable name for itself and amassed a sizable user base of more than 50,000 devoted members.

AltSignals’ initial trading tool AltAlgoTM has been key in assisting traders looking to identify opportunities with the accuracy required for maximum profits. However, it is not resting on its laurels but rather making strides with the introduction of a game-changing AI innovation dubbed ActualizeAI that will be powered by ASI cryptocurrency.

ActualizeAI is designed as a modern trading platform that seamlessly integrates artificial intelligence and blockchain technology to expand the functionality of AltSignals’ already top-notch trading tools. Machine learning is what makes ActualizeAI unique because it enables the system to quickly analyse a vast amount of market data, including investor sentiment and numerous indicators vital for predicting price movements.

ActualizeAI promises to be a game-changer by offering traders, regardless of their level of experience, precise and timely trading signals to maximise their investment returns.

Why invest in the new ASI cryptocurrency?

The ASI tokens will allow holders access to the ActualizeAI toolkit, which will be at the cutting edge of trading technology, once it is released. This is like having an all-access pass to a collection of cutting-edge tools and intriguing possibilities.

Additionally, AltSignals’s DeFi services are accessible through ASI tokens. These consist of staking opportunities, giving users the chance to receive rewards for using the network, and encouraging long-term holding. By participating in governance proposals through voting, ASI token holders can also have a say in the platform’s future direction, ensuring a decentralised and community-driven approach to decision-making.

The ASI token also offers exclusive access to the AI Members Club which offers even greater opportunities for the ASI token holders. This elite club is a unique community for astute and discriminating traders and investors, not just a regular neighbourhood. Members have exclusive access to early-stage investment opportunities in crypto technology projects, giving them a head start on potentially game-changing endeavours. Another essential component of this club is access to new tokens during presales and private sales.

The AI Members Club also serves as a hub for social interaction and competitive online trading tournaments where members can test their trading prowess and compete for sizable cryptocurrency prizes. Being able to test and use AltSignals’ most cutting-edge trading tools before they are made available to the general public is probably one of the most coveted benefits of being a member of the AI Members Club. Members are able to stay on the cutting edge and in the know thanks to this exclusive access.

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