In crypto news today, the global cryptocurrency market capitalization fell by 0.7% to $2.22 trillion over the past 24 hours. Despite this, the total crypto trading volume in that period amounted to $92.3 billion. While the market experienced some dips, there were several notable gainers and losers.
Helium (HNT) saw the most significant increase, rising by 8.2% to reach $7.56. Flare (FLR) followed with a 4% appreciation to $0.01601. On the flip side, Dogs (DOGS) experienced the most substantial decline, dropping by 7.6% to $0.001426. Arweave (AR) and Render (RENDER) also saw decreases of 6.5% and 6.2%, trading at $22.89 and $5.67, respectively.
Interestingly, despite some fluctuations, only two of the top 10 coins per market cap were down for the day. Solana (SOL) fell by 0.9% to $145.46, while XRP remained in the red with an insignificant decrease that kept its price steady at $0.57474. Conversely, Toncoin surged by 4.6% to $5.58, while ethereum (ETH) and bitcoin (BTC) appreciated by 2.5% and 0.9%, reaching $2,572 and $60,332, respectively.
Moreover, ethereum spot exchange-traded funds reported a net inflow of $5.8 million after nine consecutive days of outflows. Additionally, the ton blockchain network resumed operations following its second outage in two days.
Gameswift is First Gaming Project to Integrate Fetch.ai Agent Tech
Fetch.ai and web3 gaming team GameSwift recently announced a strategic partnership focused on integrating Fetch.ai’s AI technology into GameSwift’s core app, GameSwift Launcher. The collaboration aims to promote AI and blockchain adoption within the gaming sector and provide users with a platform to explore AI solutions, including NFTs and personalized voiceovers.
As part of the partnership, GameSwift Launcher users will host large language models (LLMs) locally, offering AI capabilities such as text transformation, voice generation, and document analysis through Fetch.ai’s agent infrastructure.
Furthermore, GameSwift has become the first web3 gaming partner to join the Fetch.ai Foundation, leading the gaming vertical within the foundation and enabling users to contribute GPU power towards AI development and earn profits in return.
Quai Secures $5M in Strategic Funding and Launches Devnet
Layer-1 network Quai recently closed a $5 million strategic funding round, with key investors including Cogitent Ventures, MH Ventures, TPC Ventures, Giga Chad Ventures, and DexCheck Ventures. This funding round, on top of the previous $10 million secured from Polychain Capital and Alumni Ventures, brings Quai's total funding to $15 million.
The funds will be utilized to accelerate Quai’s growth by expanding the team, enhancing research and development efforts, and investing in community engagement initiatives. Quai aims to introduce the first decentralized energy dollar on a scalable and programmable Proof-of-Work blockchain.
Additionally, Quai has launched its Mainnet-compatible Devnet, featuring workshares, unspent transaction output (UTXO) transactions, and dynamic sharding. This development paves the way for the fourth testnet of the protocol, allowing developers to build projects on the Quai Network with all necessary tooling and infrastructure provided.
bitcoin Miner GDA Reveals a Facility in Texas, USA, Powered by Wind
Genesis Digital Assets Limited (GDA), a bitcoin mining company, announced the operational status of its Rowdy Data Center in Texas, USA. The company plans to expand the site to support up to 400 MW, with the data center currently operating at 60 MW and utilizing grid power from renewable energy sources, specifically wind energy.
GDA estimates that 68% of the energy powering its facilities comes from clean energy sources, surpassing the industry average. The company's new facility has also created job opportunities, with 12 permanent positions and around 150 construction jobs generated.
By leveraging renewable energy sources and cutting-edge technology, GDA aims to contribute to the environmental sustainability of bitcoin mining operations. The company's expansion plans include establishing additional centers in different regions to further support the growth and security of the bitcoin network.
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