🚀 News Flash 🔥

KIP Protocol 🤝 Ultiverse Partnership Revealed!

We’re excited to announce a strategic collaboration with #Ultiverse , an AI-driven gaming platform designed to build a vast, immersive digital realm 🌟
By integrating with Ultiverse's ecosystem of over 300 games and a vast global network of over 7 million users - including 1 million Web3-native enthusiasts - a community of 10,000+ content creators, we aim to create an AI-powered gaming environment that is dynamic, responsive, and enriched by AI - one with novel gameplay and monetization opportunities built on solutions powered by #KIP .

Through this dynamic partnership, we aim to redefine the gaming landscape by harnessing the transformative power of decentralized AI and cutting-edge blockchain technology 🕹️

This collaboration is set to enhance immersion and drive innovation, setting new standards for the gaming experience.⚡

Read the full announcement here 👉 https://www.kip.pro/blog-posts/ultiverse-partnership

Stay tuned as we expand the #KIP ecosystem, focusing on harnessing the power of decentralized AI in through strategic partnerships with leading AI and Web3 projects 🚀

💎 Exclusive Community Nodes WL Offer for
- Genesis Pass NFT holders
- #KIP100X holders You’ve earned this.
Do not miss it!

And also👇

Solana (SOL) Stands Out: Ranked as the Fastest Blockchain on CoinGecko, Beating Ethereum at 46X Speed.

*Smart contract platform Solana (SOL) is moving up CoinGecko's fastest blockchain list.
*According to a new post from CoinGecko, Solana is a staggering 46x faster than its rival #Ethereum (ETH). This makes it the fastest major blockchain on the market.
*“Solana has proven to be the fastest among major blockchains, reaching an average daily transaction speed of 1,504 on April 6 during the meme coin craze.”

Discover Solana's remarkable speed and impact on the blockchain ecosystem in our detailed analysis.
Solana's performance metrics are impressive, with a peak capacity of 1,053.7 transactions per second (TPS), significantly outpacing Ethereum's 22.70 TPS. This comparison highlights Solana's advanced technology and potential for scalability with global transaction volumes.

Challenges and Limitations Despite Its High Speed
Despite its high transaction speed, #Solana achieved only 1.6% of its theoretical maximum speed of 65,000 TPS. This difference indicates areas of potential growth and the need for further optimization to reach its full capacity.

Following the release of these statistics, Solana has seen a 7.63% increase in its market price and is trading at $172. This market reaction underscores investors' confidence in Solana's technology and its future in the crypto market.

Solana's transaction speed analysis not only positions it as a leader among blockchain technologies, but also highlights the need to evolve to reach its full potential. As the blockchain landscape evolves, Solana's innovations could set new standards for speed and efficiency in the industry.
$BTC $SOL

🧙‍♂️Today at 22:30, FED President POWELL will give a speech and evaluate the latest situation.

Famous CEO Speaks: Fed and US Government Can Ignite BTC! How Many Dollars is 1 Bitcoin?

Galaxy Digital's CEO Mike Novogratz, who does not refrain from commenting on cryptocurrencies, warned that it is not possible for Bitcoin (BTC) to reach its all-time high (ATH) unless there is a change in macro conditions. Making new statements in Galaxy's podcast, the famous billionaire states that Bitcoin will probably move horizontally until interest rate cuts are made by the Fed, and then the rise for #BTC may begin.

There's a resurgence of 'Oh my God, the economy is slowing down' narrative, which will help. Unless the Fed acts or makes a major regulatory breakthrough, I don't think Bitcoin will hit its previous high of $73,000. These are both probably low delta.
I think we're in the $55,000 to $75,000 range. That's a pretty wide range. Probably closer to $57,000 to $73,000. We've probably identified the low and the high. I believe the next move will be up because I think we're getting closer to the election and Federal Reserve Chairman Jerome Powell will want to lower interest rates.

Novogratz emphasizes that another factor that could trigger the rise in Bitcoin could be the US federal government's spending and the increasing amount of debt. He expresses the opinion that this situation in the #USA may push more people to invest in BTC as "digital gold".

I'm talking about two things right now: crypto regulation and debt. And these contradict each other. If we had an administration like Biden or Trump addressing 26% of the federal budget, which should be 20% of GDP, that would not be good for Bitcoin.
It's great for my net worth that there are truly terrible policymakers, wasteful spenders, and populists in Washington. This is just the story of Bitcoin. Bitcoin is rising for the same reason that gold is rising. It's rising faster because we're a newer technology, a newer commodity, and so the adoption cycle happens faster.
$BTC $ETH $BNB

$Agıx📢Important Developments:

🧙‍♂️Zilliqa (#ZIL ) network upgrade will take place on Monday, May 20th.

🧙‍♂️On Monday, May 20, IRISNet (#IRIS ) will release Mainnet 3.0.

🧙‍♂️On Monday, May 20, Moonbeam (#GLMR ) will launch Moonrise.

🧙‍♂️US Treasury Secretary Jannet Yellen will give a speech on Tuesday, May 21 at 11:00.

🧙‍♂️On Tuesday, May 21, Chiliz (#CHZ ) will perform the Dragon8 hard fork.

🧙‍♂️Fed FOMC minutes will be published on Wednesday, May 22 at 21:00.

🧙‍♂️US Unemployment Benefit Applications will be announced on Thursday, May 23 at 15:30.
Expected: 221K •Previous: 222K

🧙‍♂️The SEC is expected to make a decision on Ethereum ETFs on Thursday, May 23.

🧙‍♂️On Friday, May 24, #ASI token, a combination of #FET, #OCEAN and #AGIX tokens, will be launched.
$AGIX $CHZ $FET

Target is $18! Analyst Saying 3,000 Percent Rise in XRP Shared a Chart!

In addition to the lawsuit between Ripple and the SEC, which has been going on for years, community expectations continue to put great pressure on the XRP network. Despite the decline in value in the market, the XRP community has been dreaming of profitability for a long time and attention is drawn to the opportunities where the XRP price can recover. Recently, an analyst made an overly optimistic and perhaps wishful prediction that XRP could rise 3000% to $18. The analyst's prediction attracted the attention of not only #XRP investors but also the entire crypto market. So, let's see how the price can increase by 3000 percent according to the analyst.
Following an increase of over 2% on XRP's weekly outlook, the price is at $0.5211 and is trading at a relatively good point. However, despite the increase, this region where XRP has been stuck for years emerged after a general price decline despite the weekly rise.

Although Ripple's #XRP Token experienced a remarkable rise in a very short period of time in March, it became one of the cryptocurrencies that most clearly reflected the downward wave in the market and quickly retreated and returned to the point where it started. Besides, a cryptocurrency analyst called the situation as the last price drop before the XRP price increase.

Analyst named Coinskid stated that before a possible rise in the XRP price, there may be a decline to $ 0.40 due to the five-wave price movement.
Dark Defender, which attracted attention with its analysis on XRP, made a prediction of 3000% after performing an analysis on the XRP / USD charts in its monthly time period review. The analyst noted a distinct bull flag pattern that could trigger a sharp increase in price before consolidations occur.

One Week Left Until the Big Day: Analysts Update Their Expectations for Ethereum Spot ETF Decision

There is only one week left for the fate of spot ETFs that will directly hold Ethereum to be determined by the SEC.

Investment companies eager to introduce the first Ethereum-based ETFs face potential disappointment. The U.S. Securities and Exchange Commission (SEC) has not yet indicated it is ready to approve such products.

After months of silence, the US regulator is expected to announce its decision next week on at least one application for an ETF that invests directly in Ethereum, the world's second-largest cryptocurrency. Some fund companies are expecting a rejection, citing less robust private dialogues with the #SEC than before the spot-Bitcoin ETFs were approved in January.

In the weeks leading up to the approval of the Bitcoin ETFs, fund companies submitted multiple versions of revised paperwork to address the SEC's concerns, a process that significantly contributed to their final approval. However, spot ETH ETF filings have seen much less activity.

“Most people generally expect a rejection,” said Katherine Dowling, general counsel at Bitwise, which filed for a spot ETH ETF in March. He added: “You're not seeing the kind of public activity that you would see if there were to be an approval.”

The SEC, which postponed decisions on fund applications for several months, has until May 23 to approve or reject VanEck's application. #ETH's value fell nearly 20% in April as approval hopes faded.

“If the SEC does not approve #ETH ETFs now, it may be because the line the SEC has drawn is that they will not approve any spot crypto product without an actual court order,” said Jeremy Senderowicz, an attorney specializing in investment services at law firm Vedder Price.

Universal basic income' proposal from the father of artificial intelligence

A 'universal basic income' proposal came from Geoffrey Hinton, known as the father of artificial intelligence. Concerned that artificial intelligence will increase unemployment and deepen inequality, Hinton suggests giving money to every citizen to cope with the increasing impact of this technology.

"Computer scientist Geoffrey Hinton, considered the "father of artificial intelligence", said AI should create a universal basic income to tackle its impact on inequality.

Professor Geoffrey Hinton, a pioneer of neural networks that form the theoretical basis for the current boom in artificial intelligence, told the BBC that a welfare reform that gives every citizen a fixed amount of cash would be needed because he was "very concerned about AI taking over too many ordinary jobs"

The concept of universal basic income means that the state pays a certain salary to all individuals, regardless of their income. Some experts say this would be extremely costly and would not help reduce poverty and would divert resources away from public services.
$BTC $ETH

Uplifting XRP Report Amid Ripple Lawsuit.

The first quarterly report of the year containing important details for XRP and XRP Ledger (XRPL) has been published by Ripple. While the legal fight between Ripple and the SEC has reached a new stage, the report contains uplifting details. Some important parts are as follows:
*During the reporting period, the daily transaction volume of XRP Coin increased by 40 percent. Binance, Bybit and Upbit are responsible for 70 percent of the total transaction volume.
*Speculative interest in XRP was quite strong in the first three months of 2024. Spot trading volume and strong demand in futures were highly correlated with overall market activity.
*Transactions in XRPL increased 2 times in the first quarter of 2024 compared to the previous quarter.
*The number of XRPL transactions was at 121 million in the 4th quarter of 2023 and increased to over 251 million in this quarter.
*At the end of March, the average #XRPL transaction fee decreased to $0.000856.

Ripple (XRP) is among the largest cryptocurrencies, but it is not comparable to its competitors in terms of applications that generate benefits on the network. The team is working hard to improve network capabilities, as it is extremely important for the future of the project. XLS-30 was introduced for DeFi developers and users in the last quarter. It is an automatic market maker (AMM) and improves trading capabilities.
“More XRPL support – I'm particularly excited about native AMM going live in Q1, arguably one of the biggest updates for the XRP Ledger.”

A small comment about the case was also included;
“In terms of next steps, both parties will wait for the Judge to make a decision on final remedies – likely in the coming months. Ripple remains confident that the Judge will approach the resolution phase fairly.”
$BTC $ETH $BNB

🧙‍♂️The Securities and Exchange Board of India (SEBI) and the Reserve Bank have presented different stances to government panels on cryptocurrency regulation.

🧙‍♂️The central bank still supports banning stablecoins and the group plans to finalize its report in early June. (Reuters)

💫Performances of 31 tokens listed on Binance in the last six months

🔶The ones with the biggest increases compared to when they were listed:

🔸#ORDI +261.9%
🔸#JTO +62%
🔸#JUP +58%
🔸#WIF +117%

🔷Those with the biggest decline:

🔹NFP -62%
🔹PORTAL -69%
🔹AEVO -68%
🔹SAGA -63%
🔹DYM -55%
$ORDI $WIF

Big profit period from small language models in artificial intelligence

Microsoft, Meta, and Google have released new versions that have fewer parameters and are cheaper to build and train. Companies make huge profits from these small language models.

Artificial intelligence companies, which spent billions of dollars to create large language models to power their artificial intelligence products, have now turned to small language models to increase their revenues.

Apple, Microsoft, #Meta , and #Google have recently released new #AI models with fewer parameters but still powerful capabilities.

In general, the higher the number of parameters, the better the performance of the AI ​​software and the more complex and nuanced its tasks can be. OpenAI's latest model GPT-4o and Gemini 1.5 Pro, which Google announced this week, are estimated to have more than 1 million parameters, and Meta is training a 400 billion-parameter version of the open-source Llama model.

Good news for Ripple (XRP) investors: Critical data has been announced!

According to Ripple's latest market report, XRP Ledger (XRPL) saw more than double the number of transactions in the first quarter of 2024 compared to the previous quarter, and the average transaction cost was almost halved.
According to the report published on May 17, XRPL onchain transaction activity increased by 108 percent, with approximately 251.39 million in the first quarter of 2024, compared to a total of 121.03 million in the last quarter of 2023. Additionally, the average cost per transaction decreased by 45 percent to approximately $0.000856.

XRP trading volume distribution among cryptocurrency exchanges remained stable in the first quarter of the year; Binance, Bybit and Upbit account for more than 70 percent of the total trading volume. Additionally, it was stated that the volume traded through fiat pairs in the 1st quarter decreased from 15 percent to 11 percent in the 4th quarter.
The report also discussed ongoing litigation against the United States Securities and Exchange Commission (SEC); A lawsuit filed by the SEC in December 2020 alleges that executives conducted an initial public offering of XRP, deeming it an unregistered security.

On April 22, Ripple responded to the SEC's $2 billion settlement request and did not accept this request. Ripple argued that the law does not allow the SEC to demand refunds or interest unless it can prove someone was harmed. “In terms of next steps, both parties will wait for the Judge to make a decision on final solutions – likely in the coming months,” Ripple said.

“Ripple remains confident that the Judge will approach the resolution phase fairly,” he added.
$BTC $ETH $BNB

🇹🇷Happy 19 May Commemoration of Atatürk, Youth and Sports Day.

Important Developments of the Next Week

Tuesday, May 21

- 11:00 US Treasury Secretary Janet Yellen will give a speech.

Wednesday, May 22

- 21:00 FOMC minutes will be published.
- 23:05 NVIDIA earnings reports will be announced. (Expected $24.53 billion)

Thursday, May 23

- The Central Bank of the Republic of Turkey (TMC) will announce its interest rate decision. (Previous 50.00%)
- SEC decision deadline for VanEck Ethereum ETF.

Friday, May 24

- SEC's decision deadline for the ARK 21Shares Ethereum ETF.
- Fetchai, SingularityNET and Ocean Protocol will merge and launch the ASI token.

🔓 Token Unlocks

May 20: $925 million $PYTH
May 22: $354 million $AVAX
May 22: $14 million $ID
May 25: $31 million $ALT

Person who stole 2 million dollars from Solana meme coin application: They were going to go bankrupt anyway

While the Pump.fun application, which allows the issuance of meme coins on the Solana network, had $2 million worth of SOL tokens stolen yesterday with an inside intervention, the former employee who committed the theft said, "It was a place that was poorly Managed and harmed people. I'm not afraid of going to jail either. "If it happens, let it happen," he said.

While the Pump.fun application, one of the most used applications of the Solana network recently and through which meme coins can be issued, lost 2 million dollars, the person who committed the theft said that he did not regret what he did.

It was determined that the attacker, who targeted the accounts on Pump.fun that enabled the transfer of liquidity in tokens of a certain level to Solana's decentralized exchange Raydium, stole $2 million worth of SOL tokens from there.

Everyone calm down, this is a robbery. I will change the course of history. Then I will rot in prison. Am I smart? No, I'm pretty good. Actually, not much. Do I want something? No, even my mother died and came back to life.”

“They were managing poorly”

Later, speaking in an X Space broadcast on the subject, the attacker complained about the mismanagement of the company and said, “I had a personal stance against the company managers. I was complaining about them. "They were horribly bad managers," he said.

“I wanted to bankrupt the company.”

The attacker, who used very clear expressions and was announced to be a Canadian citizen, said: “I wanted Pump.fun to go bankrupt and end. They were going to sink anyway. They have been doing evil to people for a long time. This had to be done. I only accelerated their progress. "They were going to finish themselves off anyway," he said.
$BTC $SOL

Google I/O 2024: A new era in the world of artificial intelligence and technology

The place of artificial intelligence in the technology agenda has become much stronger after OpenAI introduced its new artificial intelligence modeling GPT-4o (Omni) the other day. #Google , one of the leading technology giants, organized an event where it introduced its new technologies one day after OpenAI.

One of the most striking innovations of the event was "Project Astra". This revolutionary #AI agent has the potential to redefine the way we interact with technology. It was also announced that Google Search is now powered by cutting-edge generative AI technology, promising a smarter and more intuitive browsing experience.

There was exciting news for Android users too. With the Android 15 update, game-changing features such as the “Circle to Search” feature were announced, which will make the mobile experience easier than ever before.

Google also put forward its claim in its competition with OpenAI. #Google has once again proven that they are at the forefront of innovation, exceeding expectations with a spectacular showcase of their AI capabilities.

This assistant has the potential to redefine how users interact with technology. It was also stated that Google Search is now supported by generative AI technology to offer a smarter and more intuitive search experience.
OpenAI's GPT-4o model is an artificial intelligence model that can process text, audio and image in real time and provide a smooth transition between these models. GPT-4o stands out as being faster and 50% cheaper than previous models. It also offers significant improvements in text and code in languages ​​other than English, and appears to be superior to existing models, especially when it comes to image and audio understanding.

The event also highlighted that Google offers developers and businesses opportunities to create their own transformative products and services with AI, with tools such as AI Studio and Gemma.
$BTC $ETH $BNB

Ethereum Approaches the $3,200 Level! Is There a Bull Season Ahead?

ETH is heading towards breaking a long-term resistance level. If this move is successful, the leading altcoin will rise towards the $3,200 price level. Currently, ETH is trying to break above the resistance and the bulls are supporting this uptrend with a series of signs spotted on the daily chart. Altcoin Ethereum (ETH) is poised to break above the upper line of its descending channel, indicating a decrease in selling pressure.

Currently at $3,140, ​​the value of the coin has increased by almost 10% in the past week. This growth reflects the rise in the overall crypto market over the past seven days. The total value of the global cryptocurrency market increased by 9% during this period.

When the price of an asset continues to make lower highs and lower lows, a descending channel is formed, indicating a broad downtrend. #ETH started trending within this channel on March 12, causing its price to drop by 20% since then.

The market has witnessed a surge in new liquidity inflows as the cryptocurrency moves towards the upper line of the channel, which has formed a resistance level since March. Confirming this was ETH's Chaikin Money Flow, which recently broke above the zero line and is in an uptrend at the time of writing. This indicator measures the flow of money into and out of the coin market.

When an asset's #CMF rises like this, it indicates that there is more buying pressure than selling pressure in the market. This is usually because the asset's price makes new highs due to an increase in trading volume. According to data from Santiment, ETH's daily trading volume increased by 40% in the last seven days.
$BTC $ETH $BNB

Billionaire Mike Novogratz Identifies the Key Macro and Regulatory Changes Needed for Bitcoin (BTC) to Reach Record Highs.

*Mike Novogratz, CEO of Galaxy Digital, discusses the potential for Bitcoin to reach new all-time highs under certain economic conditions.
*Novogratz emphasizes the importance of appropriate cryptocurrency regulations and possible Federal Reserve steps to increase the value of Bitcoin.
*“Bitcoin may maintain its current range until we see a rate cut from the Fed,” Novogratz said in his latest podcast.

Explore the complex dynamics between macroeconomic policies and Bitcoin's price trend as discussed by industry experts.
According to Mike Novogratz, #Bitcoin will likely fluctuate between $55,000 and $75,000, with certain movements expected as certain political and economic events develop.
The Impact of United States Economic Policies on Bitcoin
Novogratz cites the United States' federal spending and rising national debt as potential drivers of Bitcoin's rise, comparing it to "digital gold."

Considering that the crypto regulatory environment is still evolving, significant developments could push Bitcoin to new highs.

Willy Woo's Analysis on Global Liquidity and the Future of Bitcoin. Willy Woo predicts a bull market for Bitcoin based on analysis of global liquidity trends and suggests that he expects a big jump by October 2024.
$BTC $ETH $BNB