Matter Labs CEO announces company restructuring, layoffs
Matter Labs is the creator of the Ethereum layer-2 scaling solution ZKsync.
Loading
Welcome at World Crypto Global. This portal is packed with useful content and resources to built out your own crypto skills. WorldCrypto is a site member of Gabriel Vega Network.
Matter Labs is the creator of the Ethereum layer-2 scaling solution ZKsync.
GeForce NOW adds 'GreedFall II: The Dying World' to its expansive game library, alongside new member rewards and updates. (Read More)
FINAL FANTASY XVI and Frostpunk 2 headline seven new games available for streaming on GeForce NOW this week. (Read More)
Paul Brody, EYs global blockchain leader, highlights how privacy is the missing piece for blockchain adoption in businesses and provides potential solutions to enterprise concerns.
The Rollup Coaster #31 delves into Ethereum's advancements, focusing on rollups, zero-knowledge proofs, TEEs, MEV/PBS, and more, according to Taiko. (Read More)
Merlin Chain and BitcoinOS join forces to deploy the Grail Bridge, introducing zero-knowledge proof (ZKP) for secure cross-chain transactions.
GeForce NOW celebrates over 2,000 games in its cloud gaming library, adding new titles and demos, including 'Visions of Mana'. (Read More)
Taiko's Rollup Coaster #28 delves into Ethereum advancements, covering rollups, zero-knowledge proofs, TEEs, MEV/PBS, and more. (Read More)
GeForce NOW adds 'Visions of Mana', 'Star Wars Outlaws', and 'Call of Duty: Black Ops 6' Open Beta to its cloud gaming library. (Read More)
In Part 2 of The Agendas one-year later episode, CryptoHarlem, OriginTrail and The Blockchain Socialist share their thoughts and plans for 2025.
Learn how Snowflake's AI Data Cloud platform uses large language models to transform data into actionable insights and applications. (Read More)
NVIDIA's GeForce NOW introduces Xbox automatic sign-in and expands its game library with major titles like Civilization series and Black Myth: Wukong. (Read More)
GeForce NOW unveils 'Black Myth: Wukong' and 'FINAL FANTASY XVI Demo' at Gamescom 2024, enhancing cloud gaming experience. (Read More)
The Rollup Coaster #29 dives into Ethereum's latest rollup and zero-knowledge proof advancements, with insights from industry experts. (Read More)
GeForce NOW collaborates with CurseForge to bring mod support to 'World of Warcraft: The War Within' in the cloud. Explore new addons and features. (Read More)
New developments make voting with decentralized tech a more realizable goal.
In the wake of the market crash of recent weeks, crypto analyst Michaël van der Poppe has provided an analysis of the trajectory of Bitcoin and its impact on altcoins. His remarks centered around Bitcoin dominance and the readiness of the altcoin markets, especially in sectors like Artificial Intelligence (AI) and decentralized finance (DeFi), for a potential rebound and significant growth. Van der Poppe started his analysis by discussing Bitcoin dominance, a metric that reflects Bitcoin’s market capitalization relative to the entire crypto market. The analyst noted that contrary to popular belief, the current state of Bitcoin dominance does not herald the beginning of a bear market. “Bitcoin dominance is not at the start of a bear market but it is at the end of the bear market and potentially the start of a bull market,” he stated. This observation is critical as it suggests that Bitcoin’s market sway is stabilizing, potentially setting the stage for an altcoin rally and capital flows into low-cap cryptocurrencies. Best Altcoins To Buy Now Focusing on strategic investment opportunities post-crash, Van der Poppe underscored the importance of selecting altcoins based on sector strength and market recovery potential. He pointed out that AI and DeFi are two sectors where growth could be most explosive due to underlying technological advancements and increased use cases. Within these sectors, he identified specific tokens that exhibit characteristics of resilience and high growth potential. #1 TAO TAO, a token within the AI sector, is highlighted by van der Poppe for its robust performance in recent weeks, showing a remarkable 70% rebound from its lows. “TAO is a super strong asset within the AI sector and has shown a 70% bounce from its lows,” he noted. Related Reading: SUI Leads Crypto Market With 78% Weekly Uptick: Heres Why This rebound is significant as it reflects growing investor interest and confidence in AI technologies within the blockchain space. Van der Poppe projected an optimistic future for TAO, suggesting, “This is one that could be doing another 5x to 10x from here,” based on its current trajectory and market interest. #2 AAVE Shifting his focus to the DeFi sector, Van der Poppe recommended AAVE, a token that has shown significant strength against Bitcoin and USDT. “AAVE is having a pretty standard or beautiful accumulation against Bitcoin; it’s making new highs against USDT and just consolidating before a big breakout.” He emphasized the relative undervaluation of AAVE by comparing its total value locked (TVL) to its market cap. “If we look at TVL versus the market cap, then the market cap of a is $1.5 billion and the TVL is around $10.3 billion which means that that valuation is 0.5. For ONDO it’s 15. It’s 100 times bigger so 0.5 is heavily undervalued where the regular valuation should be around 0.5 to 1 which means that there’s a lot of momentum to be made in,” he explained. Related Reading: Crypto Scam? PolitiFi Token RTR Plummets 95% After Trump Family Denies Link #3 RENZO In addition to AAVE, Van der Poppe brought attention to RENZO, another DeFi asset that, despite being in a downtrend, shows signs of reaching a lower valuation boundary that could attract speculative interest and potential upside. He described RENZO as a higher-risk investment compared to AAVE but noted that the asset’s significantly lower valuation in relation to its TVL could present a compelling buy opportunity for risk-tolerant investors. I want to show you RENZO which currently has a market cap of $50 million, fully diluted $440 million, but the TVL which we can see on DefiLama is $1.3 billion. So in that aspect that valuation is even lower than AAVE but there is also more risk implied by investing in such an asset, the analyst said. #4 AEVO Finally, Van der Poppe turned his attention to decentralized exchanges, specifically AEVO. He described AEVO’s unique position in the market, offering sophisticated trading options such as prediction markets, options, and hedging. “AEVO is very likely making a bullish divergence and a falling wedge, and is likely going to reverse from here,” he assessed, indicating potential upcoming growth potential. These are my primary bets that I want to take going forward in this market and in the next few weeks, van der Poppe concluded. At press time, TAO traded at $294.22. Featured image created with DALL.E, chart from TradingView.com
GeForce NOW announces the addition of 18 new games in August, including 'Star Wars: Outlaws' and 'Visions of Mana'. (Read More)
Ethereum layer-2 fragmentation may require a ZKP fix in the future, but interoperable L2s are the surest fix in the meantime.
GeForce NOW adds 22 new games to its cloud streaming service in July, including popular titles and new releases. (Read More)
World Crypto Global opens the door to digital freedom for everyone.
Manage your free WCG Coins securely—where simplicity meets global accessibility.
FREE CRYPTO COINS
AVAILABLE FOR RESERVATION
ALREADY ALLOCATED
No fees. No catch. Your crypto journey starts here.