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LUNC’s New Block Entropy AI App Although details are pretty vague at the moment, Kim mentioned that the TestNet playground — a simulation tool that allows users to test and explore — will go public sometime next month and will only support a limited number of “machine-learning inference tasks” like AI image diffusion, text language models, and even be able to generate music. advertisement Read More: Elon Musk Unveils New Twitter Feature That Could Benefit Crypto Influencers While a full release of the whitepaper is expected to happen soon, Kim highlighted that advancements in distributed training mechanisms, Python APIs, SNARK verification methods and further fine-tuning modules for generating better results would not be released initially and are slated to launch in subsequent phases. Accessing Block Entropy’s Testnet However, access to TestNet is not free for all. A user must first send real LUNC tokens to a distinct burn address and then submit

Shiba Inu (SHIB) could experience a fall to the $0.000009 price level as it continues to struggle at its current support. Moreover, the meme coin has been hovering around this position for an extended amount of time, setting the stage for a potential fall. The digital asset is facing a host of factors that could signal a downturn on the horizon. Specifically, a combination of its status amid its support level and market volatility that saw Bitcoin (BTC) lose 9% of its value could spell danger for SHIB.  Shiba Inu Heading for Continued Downtrend? Source: Nasdaq The digital asset industry has experienced a lot of volatility in recent weeks. Additionally, that could set the stage for Shiba Inu (SHIB) to see a fall in its price to the $0.000009 level. Currently, the asset is down 1.28% over the last 24 hours and trading at $0.00001023, according to CoinMarketCap. Several factors, including its continuous consolidation and inability to maintain support, could lead to concern

After a 24-hour plunge to a low of $87.78, Litecoin (LTC) market bears were victorious. Having bottomed out at this point in the trading day, the bulls have since taken control, pushing the price to a high of $90.36 before running into some resistance. The price is consolidating around this level, with LTC valuing $89.82 as of press time, a 0.92% surge. The LTC’s market capitalization increased by 1.02% to $6,541,931,221, demonstrating rising investor confidence in the LTC market and the possibility of more price gains soon. The 24-hour trading volume, on the other hand, plummeted by 47.29% to $465,341,657, indicating that the current price spike may not be sustainable in the medium term and that traders may be taking gains off the table. LTC/USD 24-hour price chart (source: CoinMarketCap) On the LTC/USD price chart, the linear movement of the Bollinger band indicates a high degree of volatility, with prices expected to change significantly within the upper ($92.3131

In a recent interview with Fox Business, Dogecoin Foundation Board member Marshall Hyner said that DOGE could eventually be among the top 3 cryptos. Moreover, referring to the assets “memetic power,” Hyner laid out fairly comprehensive reasoning for his proclamation. Conversely, the market is still led primarily by the undeterred power of both Bitcoin (BTC) and Ethereum (ETH). Yet, there is a world in which time could prove Hyner correct. Subsequently, we take a look at Hyner’s statements, and what could set the stage for Dogecoin ’s eventual place among the top 3 cryptos.  Dogecoin and its “Memetic Power” The rising prevalence of meme coins has been an undeniable facet of the digital asset industry. Yet, there are always those who suggest these assets bear a fairly small ceiling and immense risk. Conversely, Dogecoin Foundation board member Marshall Hynes believes otherwise, as he laid out why DOGE could eventually be a top 3 crypto in due time. Hyner stated, “I th

The move by Binance is expected to push DOGE price above $1 in a sudden rally as it leads the market when it comes to Dogecoin trading. Traders didn’t immediately respond to Binance’s DOGE/TUSD pair listing. advertisement Binance Adds Dogecoin TUSD Trading Pair According to an official announcement on April 27, Binance will add Dogecoin with TUSD trading pair. The trading for the DOGE/TUSD trading pair will open at 08:00 UTC on April 28. In addition, Binance has also added USDT/ARS and WBTC/USDT. Further, the crypto exchange announces that it will enable the Binance Spot Grid for the DOGE / TUSD and WBTC/USDT trading pairs within 2 days of opening trading for the pairs. TrueUSD team took to Twitter to reveal yet another effort by Binance to boost the market presence of TUSD stablecoin. After the BUSD crackdown by the U.S. regulators, Binance has switched to the lesser-known TUSD . The exchange now only offers zero-fee trading in the TUSD pair, after it en

The integration is built on DSNP, a protocol created by Project Liberty. Social network MeWe will integrate with the Frequency Blockchain network , a parachain of Polkadot, according to an April 26 announcement at Consensus 2023. The announcement added that the company will begin moving its users ’ accounts over to the network during this quarter. Just in from #Consensus 2023 - Polkadot parachain @one_frequency has announced a major partnership with social networking app @mewe to connect its 20 million users to Polkadot and the Social Web, giving each of them a social identity and full control over their own data. pic.twitter.com/O39RNtEhDy — Polkadot @ Consensus 2023 (@Polkadot) April 26, 2023 MeWe was launched in 2012 and has been touted as a “Facebook alternative” with allegedly better privacy protections. An Axios report in September stated that the network had over 20 million users. Frequency launched as a Polkadot parachain in November. At a Consensus 2023 panel called “La

BRICS is an acronym for five of the leading economies in the world: Brazil, Russia, India, China, and South Africa. Together, the nations are looking to establish their own currency, BRICS , in order to decrease the influence of the US in the global trade market by means of de-dollarization. New countries are already in line to join the organization, including Pakistan . Source: Reuters Could Pakistan Join BRICS? Recently, Pakistan placed its first-ever order to purchase Russian crude oil, and the shipment is expected to arrive at a Pakistan i port next month, according to Reuters. This can be an indicator of the potential interest of Pakistan to join BRICS . However, the South Asian nation is in the middle of an economic crisis, which would make it difficult for the adoption of a whole new currency. Currently, Pakistan is looking to revive its International Monetary Fund (IMF) loan program worth $6.5 billion to address the situation. However, until it solves its balance of pa

The U.S. dollar has been put under the limelight for an array of reasons. BRICS undoubtedly tops the list after its De-dollarization initiative. Amidst this, Stanley Druckenmiller, a billionaire investor, disclosed that he has shorted the U.S. dollar. He believed the Federal Reserve would soon need to lower interest rates due to a setback in the economy. In what he described as the most uncertain phase of his career, he claimed the move is his lone confident trade while speaking at an event. He added, “One area I’m comfortable with is I’m short the US dollar. Currency trends tend to run for two or three years. We have had a long [run] higher.” The investor believed that the dollar would continue to decline. Druckenmiller pointed out that Fed will take action to counteract the impacts of a downturn in the economy. However, if interest rates decrease the value of the dollar will tag along. While it is certainly bad for the dollar, Bitcoin [BTC] and other investments

A machine-learning algorithm has given out a Shiba Inu price prediction for May 1, 2023. The forecast indicates that SHIB might not rally during the last week of April. Therefore, SHIB will remain trading with four ‘zeroes’ in the indices and might not add or delete a ‘zero’ in the coming days. SHIB is currently trading at $0.00001021 and is down nearly 1.5% in the last 24 hours. It’s also down close to 10% in the last 14 trading days. Also Read: Shiba Inu: An Unbelievable Story of ‘Memes to Millions’ Source: Coingecko Shiba Inu: What Could Its Price Be on May 1, 2023? Source: Unsplash ‘Price Predictions‘, a machine-learning algorithm predicted that Shiba Inu’s price could be $0.000010 on May 1, 2023. According to AI’s prediction, SHIB’s price could trade sideways in the next seven days. Therefore, no significant movements in the indices could be recorded for SHIB from today to May 1. The dog-themed token could most likely remain stagnant in the charts delivering little t

Many major cryptocurrencies are facing double-digit falls over the week, including Solana. SOL, the native token of Solana, faced a tumble of 16.08% in just seven days. Moreover, SOL is currently trading at $20.99, after plummeting by 1.67% in 24 hours. Looking at the charts, SOL is currently trading in the red region and continues to fall. However, the question whether SOL will continue to fall or experience a trend reversal this week is yet to be analyzed. SOL chart (Source: CoinMarketCap) The short-term and long-term trend, currently, has contradicting views when it comes to SOL. For instance, the candlesticks are trading below the 200MA, which is considered a bearish signal for the long term. Meanwhile, the MACD line is trading above the signal line, which confirms that SOL would experience a bullish trend in the short-term period. However, the short-term trend’s statement may not be accurate. SOL/USDT 4-hour chart (Source: TradingView) The MACD line is almost tou