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The CEO of artificial intelligence (AI)-focused Fetch.ai (FET) says its planned token merger will still take place despite not being supported by Coinbase. In a new thread on the social media platform X, Fetch.ai chief executive Humayun Sheikh says that the planned AI token merger between FET, Ocean Protocol (OCEAN) and SingularityNet (AGIX) is still slated to happen. “OCEAN and AGIX are merging into FET. Centralized exchanges (CEXs) don’t need to delist or relist FET. It is there already. If you hold FET, do nothing. We are working hard to resolve any issues please bear with us. The timeline has not changed. Coinbase has only announced that the swap will be via custodial wallets. All exchanges have their own reasons and methods but the merger is going ahead and we are seeing huge support from all.” Earlier this week, top US-based crypto exchange Coinbase announced that it would not be supporting the token merger between the three altcoins. At the time, Coinbase

BRICS aims to launch a new currency that will be backed by gold as a counter to the US dollar. A common currency will make the alliance usher into a new financial era and become a cornerstone for further developments. The upcoming summit in 2024 will shed more light on the policies that are aimed to topple the US dollar. Also Read: BRICS Outperforms the US: Becomes Top Exporter of Copper Reports suggest that BRICS could back their new currency with gold and not the US dollar or other local currencies. The alliance aims to get back to the gold standard and maintain a multipolar world for all trade and transactions. The World Gold Council reported that BRICS has been the largest buyer of gold since 2022 and is accumulating tonnes worth of the precious metal in the reserves. Also Read: BRICS De-Dollarization Agenda Fails: US Dollar Supremacy Intact BRICS: A New Gold-Backed Currency Could Be Announced in 2024 Summit? Source: Watcher Guru The formation of a new BRICS currency backed b

US Congressman Matt Gaetz has introduced a bill that would allow federal income tax to be paid in Bitcoin. The Florida representative introduced the legislation that amends the Internal Revenue Code of 1986 to allow taxpayers to use the leading cryptocurrency for tax payments. The amendment would require the Treasury to “develop and implement a method to allow for the payment with Bitcoin of any tax imposed on an individual,” under the specified title. The bill would be a massive step to increase adoption of the cryptocurrency in the United States. JUST IN: Congressman Matt Gaetz introduces bill that would allow federal income tax to be paid in #Bitcoin — Watcher.Guru (@WatcherGuru) June 25, 2024 Also Read: Bitcoin Can Still Hit $1 Million by 2025, Samson Mow Assures New US Bill Would Allow Federal Income Tax Payments in BTC Throughout 2024, Bitcoin has taken a massive step forward regarding its prevalence in the US. It became the first crypto-based ETF in the country, with institutio

The fastest-growing online casino globally, TG.Casino is on fire as football tournaments, airdrop news and booming revenues powers the token 20% higher in the past 24 hours. Currently priced at $0.178, iGaming coins like $TGC are proving themselves to be among the big winners in early summer crypto price action, as major football tournaments send wagering activity through the roof. Proving the point, $TGC competitor Rollbit Con ($RLB) is higher over the past seven days too, advancing 22%, although not the 38% put on by $TGC over the same period. TG.Casino was the first ever licensed Telegram-based casino and sportsbook to come to the messaging app, which is in the midst of successfully pivoting to become a super app, in the wake of clicker game successes such as Hamster Kombat and Notcoin. Telegram is hugely popular with crypto market participants, and so it is proving a smart move by the team at TG.Casino to target the platform, although TG.Casino is also ava

There’s been a recent trend brewing among many Cardano and AEVO holders. They are now steering towards fresher pastures in search of recovery from recent downturns. The $RABT presale is now emerging as a beacon for these investors, offering a promising rebound opportunity. This presale is not just another event in the crypto calendar; it’s a pivotal moment for those looking to recoup losses and capitalize on $RABT’s unique market position. Continue reading as we discuss why the $RABT presale is catching the eye of savvy investors and standing out in a sea of opportunities. Cardano holders placing their eggs in other baskets Cardano has recently faced some market challenges, with its price fluctuating around $0.3805, reflecting a 18.23% decrease over the past month. This performance indicates instability, pushing investors to seek more lucrative or stable opportunities in the rapidly evolving crypto landscape. As a leading blockchain platform known for its strong fou

The Blast price surged 14% in the last 24 hours to trade at $0.02506 as of 4.30 a.m. EST on trading volume that reached $717 million. The token’s price surged after it went live yesterday, June 26. This was when the project’s first phase ended, and its community was notified that it had 30 days to claim its BLAST airdrop. Meanwhile, Blast kicked off Phase 2, which is called “Enter the Fullstack Chain.” $BLAST is now LIVE You have 30 days to claim your Phase 1 airdrop👇 Phase 2 now begins: Enter the Fullstack Chain. Our mission is to UNBANK THE BANKED. Join us and earn Native Yield + BLAST in Phase 2! pic.twitter.com/tU1Tsqpkbp — Blast (@Blast_L2) June 26, 2024 The project claims that its mission is to Unbank the Banked, in a sense where it seeks to accelerate the market’s transition from an off-chain economy to an onchain economy. Blast further explained that in only four months, its community grew to reach over 1 million people, while Blast itself became the 6th-largest onc

Have you decided on what coin you will invest in during the best presale in 2024? If you are still unsure, simply listen in on the current hot topics in the crypto world. For example, crypto fans are now excited over the MoonBag (MBAG) staking rewards, while others are debating whether it's wise to invest in MoonBag crypto rather than other coins like Polkadot (DOT) and Cardano (ADA). Fortunately, crypto analysts have made these debates easier by looking into all the above coins and have discovered that the MoonBag presale might be the highlight of the best meme coin presale this year! After the coin accumulated over $2.9 million within the first month since the start of its presale, who wouldn't want to participate in the MoonBag presale? Polkadot Succumbs to a Series of Setbacks To investors still finding it difficult to move away from coins like Polkadot (DOT), crypto analysts have found out that Polkadot is going through a series of setbacks and has to offer valu

Cryptocurrency traders constantly seek out the top-performing coins to purchase each day, and this article highlights some with high potential. With an anticipated bull market on the corner, the significant increase in some altcoins suggests that investors are diversifying their portfolios. During this consolidation phase, investors should remain vigilant as it presents an opportunity to invest in a potential upward trend. This allows investors to take positions in promising tokens such as Beam, VeChain, and WEMIX. Best Cryptocurrencies to Invest in Right Now This article examines several tokens investors should monitor and possibly add to their portfolios for potential returns. Among these, Mantle recently partnered with Arkham to integrate AI-driven blockchain analytics into its platform.  Furthermore, Base Dawgz achieved a notable milestone by surpassing $2 million shortly after its Initial Coin Offering (ICO). Additionally, VET has partnered with Concordium to improve transpar

Alex The Doge (ALEX) , Dogecoin (DOGE)'s biggest threat, has announced 'Miracle Verse', a platform bridging DeFi with real-world usability. This article explores the project's details, and unique features and provides a comprehensive look at Alex The Doge (ALEX)'s groundbreaking venture in the cryptocurrency market. 'Miracle Verse': A New Frontier for DeFi and Meme Coins The announcement of 'Miracle Verse' marks a significant milestone for Alex The Doge (ALEX). This ambitious project aims to create a comprehensive metaverse where users can engage in a variety of activities, from gaming and trading to socializing and earning rewards. Built on the Ethereum blockchain, 'Miracle Verse' leverages the strengths of DeFi to offer seamless transitions between gaming credits and digital assets, facilitating everyday use. One of the standout features of 'Miracle Verse' is its play-to-earn (P2E) model, which allows users to earn Alex Th

U.S. spot Bitcoin ETFs (exchange-traded funds) saw nearly $1.3 billion leave their reserves collectively over the last 2 weeks, marking the largest spate of outflows since April.  Around $1.298 billion has flowed out of these investment products throughout the past fortnight, data from Farside Investors shows.  Grayscale’s GBTC suffered the most, recording $517.3 million out flows during the same period. Meanwhile, BlackRock’s IBIT was the only fund that recorded net in flows over the last 2 weeks, with $43.1 million added to its reserves. Spot Bitcoin ETFs Suffer Seventh Consecutive Day Of Outflows U.S. spot Bitcoin ETFs suffered their seventh consecutive day of out flows yesterday, after investors withdrew $174.45 million from the funds. Once again, GBTC led the onslaught after registering $90 million out flows , SosoValue data shows. Fidelity’s FBTC was the second biggest loser with its $35 million out flows . Meanwhile, Franklin Templeton’s EZBC recorded its first negat

Bitcoin miners sold more than 30,000 BTC worth $1.83 billion this month, the fastest sell-off rate in over a year. According to IntoTheBlock, Bitcoin miner reserves stood at 1.94 million BTC at the beginning of June. By June 22, the BTC reserves had dropped below 1.91M, the lowest level in over 14 years. 🚨 Bitcoin miners have sold over 30k BTC (~$2B) since June, the fastest pace in over a year. The recent halving has tightened margins, prompting this sell-off. pic.twitter.com/dy289bu7p4 — IntoTheBlock (@intotheblock) June 22, 2024 While reserves are at record lows, the fiat value of the holdings stands at around $118 billion, which is a record high following BTC’s notable price increase in the last decade. Bitcoin Miners Sell to Meet Production Costs The recent sell-off stems from the Bitcoin halving event that tightened miner margins. The halving event occurred in April, slashing rewards from 6.25 BTC to 3.125 BTC. A Coinshares report published in April detected that the ave

Sui token has demonstrated resilience amid market volatility, rebounding from $0.76 to its current price of $0.83 over the past week. Despite external market conditions, analysts remain optimistic about Sui token’s future prospects. With its market capitalization previously reaching an all-time high of $2.67 billion, there is potential for further growth beyond this milestone. Although recent token releases have diluted its value, likely influencing its current valuation, historical price patterns and technical indicators suggest a promising outlook. SUI Token – Governance, Staking, and Recent Market Trends Sui introduces a new wave of blockchain technology with its innovative approach to managing data and transactions. Engineered for scalability and speed, Sui allows developers to build interactive and responsive applications that can revolutionize sectors like gaming and the digital economy. The $SUI token is the native currency of the Sui Network ecosystem, used for transaction