Lưu trữ cho từ khóa: Partnership

Dune unlocks Stellar insights with on-chain analytics integration

Stellar, the blockchain network for cross-border payments and real-world asset solutions, is now live on the crypto ecosystem’s top on-chain data platform, Dune.

The Stellar (XLM) and Dune integration was announced on Oct. 15 at Meridian 2024, a three-day annual conference focused on the Stellar blockchain. This year’s conference, held in London, United Kingdom, runs between October 15 and 17.

With the integration, Dune users can now leverage the platform’s analytics tools to explore the Stellar ecosystem. Access to data will allow developers, analysts, and other users to unlock new insights related to the cross-border payments network.

In September, Dune announced integration with over 50 parachains across the Polkadot (DOT) ecosystem. Support brings real-time data to investors, developers and data analysts. The web3 platform also partnered with Worldcoin on October 11, 2024 in a collaboration that will see Worldcoin (WLD) users access real-time on-chain data on the upcoming blockchain World Chain.

In its latest partnership, Dune will help expand Stellar’s reach within the payments and tokenization market.

Users can now get and analyze the market’s data on Stellar in terms of metrics such as total transaction volumes, network health or smart contracts interactions, Dune co-founder and chief executive officer Fredik Haga noted.

The integration will also be vital in the growth of decentralized finance applications.

“With the integration of Stellar into Dune, we’re offering the community a chance to explore on-chain data that are crucial for understanding the dynamics of global payments and asset tokenization. Communities can now analyze key metrics, including transaction volumes, token transfers, and smart contract interactions, helping them refine use cases in areas like remittances and DeFi,”

Fredik Haga

Stellar on Dune is available via an official dashboard. Users can also create custom dashboards and access pre-built dashboards that visualize key metrics for the blockchain network.

Tổng hợp và chỉnh sửa: ThS Phạm Mạnh Cường
Theo Crypto News

NEAR, FET, TAO surge following Alibaba, Nvidia partnership

Artificial intelligence-related cryptocurrencies have recorded impressive gains after Nvidia teamed up with Alibaba.

According to data provided by CoinGecko, AI tokens recorded a 5.9% surge over the past day. Their cumulative market cap is currently sitting at $28.9 billion with a daily trading volume of $2.77 billion. 

Top 5 AI-related cryptocurrencies by market cap | Source: CoinGecko

NEAR Protocol (NEAR) is leading the category with a $5.3 billion market cap after its 9.3% rise in the past 24 hours. NEAR is currently trading at $4.85. 

Artificial Superintelligence Alliance (FET) also gained almost 5% over the past day and is trading at $1.66 at the time of writing. 

Bittensor (TAO) emerged as the top gainer among the leading 100 cryptocurrencies with an 18% rally in the past 24 hours. TAO is trading at $538 with a market cap of just under $4 billion.

TAO 1-hour chart, Sept. 16-23 | Source: crypto.news

The surge in AI token prices came two days after semiconductor giant Nvidia and Alibaba Cloud teamed up to improve the autonomous driving industry within China. The technology backbone of Alibaba has integrated its large multimodal models into Nvidia’s Drive AGX Orin platform for driverless vehicles. 

AI-related crypto tokens have usually shown bullish movements after major announcements from Nvidia. This time was no different.

It’s important to note that the Nvidia stock price closed Friday, Sept. 20, with a 1.59% decline and traded at $116. The tech giant could potentially record gains today as the partnership with the Chinese e-commerce giant has brought positive sentiment to the market.

In addition to Nvidia’s bullish catalyst for AI tokens, Democratic presidential candidate Kamala Harris also hinted at creating “an opportunity economy” for AI — as well as “digital assets” — in the U.S. This was the first time that Harris publicly shared her stance on the crypto industry.

Tổng hợp và chỉnh sửa: ThS Phạm Mạnh Cường
Theo Crypto News

BlackCardCoin rises as creators hint of a ‘game-changing’ partnership

The BlackCardCoin token rose for three consecutive days, reaching its highest point since July 13.

BlackCardCoin (BCCOIN) jumped by over 115% on Aug. 14, making it one of the best-performing cryptocurrencies in the industry. It has risen by over 400% from its lowest point this month, giving it a market cap of over $32 million. However, it remains 90% below its year-to-date high.

The main catalyst for the rally was an X post in which the developers teased a game-changing partnership with a leading financial institution.

In most cases, cryptocurrency prices rally ahead of a major announcement. For example, this week, Trump-themed tokens like TrumpCoin and MAGA jumped ahead of his X interview with Elon Musk. 

BlackCardCoin’s price also went parabolic after the developers injected $600,000 in liquidity into PancakeSwap (CAKE), the biggest DEX in Binance. These funds included $300,000 worth of Tether (USDT) and 100,000 BCCOIN. 

Additionally, several exchanges like BigONE and Biconomy have listed the token. In most cases, crypto tokens tend to rally after being listed by major exchanges.

Meanwhile, the developers made a surprise token burn this week, a move intended to reduce supply. In an X post, they noted that they had burned 93% of the total supply. According to its tokenomics document, the total supply of BCCOIN was 150 million. 

In its litepaper, BlackCardCoin aims to bridge the gap between traditional finance and decentralized finance. The developers are working on a debit and credit card that will allow people to transact globally. Therefore, there is speculation that the partner may be a company like Visa or Mastercard.

Still, BCCOIN could experience a “buy the rumor, sell the news” situation. In this scenario, the token could continue rising ahead of the news but suffer a pullback once the partner is revealed. For example, tokens like TrumpCoin, MAGA, and TRUMP all retreated sharply after the interview.

Tổng hợp và chỉnh sửa: ThS Phạm Mạnh Cường
Theo Crypto News