AKT.X

Akash Network

The demand for computing power, autonomous agents, and open markets for models is exploding, while centralized players (Big Tech & Clouds) concentrate the supply. The crypto market is trying to respond with decentralized architectures that reward the contribution of resources (GP...

Key Insights: The global AI token market is sitting at $27.5 billion, but it’s down more than 3% in the last 24 hours. While most AI-related coins have cooled off, the recent U.S. approval for OpenAI, Google, and Anthropic to offer AI services to civilian government agencies has ...

Cosmos Hub’s ATOM token suffered a steep decline over the past 24 hours, falling from $5.08 to $4.82 as institutional participants intensified liquidation activity. The 5.1% drop was accompanied by a surge in trading volume, with a peak of 7.73 million tokens changing hands during a particularly heavy sell-off between 09:00 and 14:00 UTC on July 23. The sharp move reinforced resistance around the $5.07-$5.13 range, while accumulation interest surfaced in the $4.78-$4.88 zone, offering tentative support. However, persistent breakdowns below the $5.00 threshold highlighted ongoing distribution pressure that could challenge recovery attempts without sustained buying momentum. During the final hour of trading on July 23, ATOM experienced pronounced volatility. The price tumbled from $4.90 to a session low of $4.78 before rebounding to $4.81. This recovery, while notable, came on declining volume—potentially signaling exhaustion among short-term buyers. Akash Network (AKT), another Cosmos-based project, continues to show strength in long-term forecasts, with a potential target of $6.19 in 2025, contrasting ATOM’s current technical fragility. Technical Analysis Highlights 24-Hour Movement: ATOM fell 5.1% from $5.08 to $4.82 with a total range of $0.35 (6.8%). Peak Liquidation: July 23, 09:00-14:00 UTC saw volumes surge to 7.73M, well above the 1.11M average. Critical Support: $4.78-$4.88 zone showing accumulation on elevated volume. Intermediate Resistance: $4.98-$5.00 level faced multiple rejections. Institutional Pressure: Sustained breakdown below $5.00 signals distribution activity. Intraday Volatility: July 23, 13:10-14:09 UTC saw a sharp dip from $4.90 to $4.78, followed by a rebound to $4.81. Rebound Weakness: Recovery to $4.81 occurred on declining volume, suggesting possible exhaustion. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

Explore Akash Network's strategy emphasizing decentralized cloud growth over speculative price predictions. Led by CEO Greg Osuri, the network prioritizes democratizing computing resources. Read original article on marketbit.io

BitcoinWorld DePIN Project dKloud Secures Revolutionary $3.15M Funding Boost In the rapidly evolving landscape of Web3, innovation is the currency of progress. A significant development is currently making waves, signaling robust investor confidence in the future of decentralized...

This cycle’s spotlight is swinging toward plumbing-level projects that unlock new activity: Bitcoin-settled DeFi, cheap GPU compute, and bulletproof validator stacks

AI Crypto Tokens Hit Hard: AIOZ, Aethir, Akash, and Livepeer see double-digit losses as bearish sentiment dominates the top AI and Big Data token by market charts. Volume Stays High, Prices Drop: Despite strong trading activity, AI-focused tokens experience widespread price decli...

In crypto news today: Crypto market is red today Mythical Games FIFA Rivals Launches Worldwide TeraHash Appoints ex NEAR and Cosmos Counsel Nathan Cho as Head of Legal Disney Pinnacle by Dapper Labs Launches Quest for Rarest Pins __________ Crypto market is red today The global cryptocurrency market capitalization has decreased by another 5.2% over the past 24 hours to $3.38 trillion. At the time of writing, the daily crypto trading volume is at $173 billion, the highest we’ve seen it in a few days. Moreover, all but one top 10 coin per market capitalization saw their prices fall today. Bitcoin (BTC) is down 2% and below the $105,000 mark, currently trading at $104,930. Furthermore, Ethereum (ETH) decreased by 7.3%, the second-highest on the list, now changing hands at $2,533. The category’s biggest drop is 7.9% recorded by Solana (SOL) , which now trades at $145. At the same time, the only increase is Tron (TRX)’s 0.5% to $0.273. Meanwhile, four of the top 100 coins are up at the time of writing. WhiteBIT Coin (WBT)’s rise of 5% is the highest one within this category, currently standing at $34.4. LEO Token (LEO) appreciated 2.1% to the price of $9.06, while the other two coins are up below 1%. On the other hand, SPX6900 (SPX) , yesterday’s highest gainer, fell the most today: 20.4% to $1.31. Twelve other coins recorded double-digit increases. Mythical Games FIFA Rivals Launches Worldwide FIFA and gaming technology studio Mythical Games have announced the worldwide launch of FIFA Rivals , the officially licensed arcade-style mobile football game. According to the press release, FIFA Rivals is available on the App Store and Google Play Store. It’s here. FIFA RIVALS is now live! An officially licensed FIFA mobile title, built for bold moves and big football moments Master your supers Build your dream squad Own the pitch from day one Download now on iOS & Android pic.twitter.com/Ebcz8rVKGJ — FIFA Rivals (@FIFARivals) June 12, 2025 FIFA Rivals enables gamers to build their teams and attempt to “dominate their rivals” by competing in live events and PvP leagues. The global launch follows a successful soft launch and introduces novel features, fast-paced multiplayer, enhanced gameplay, and digital ownership, the team says. FIFA Rivals highlights include fast-paced PvP gameplay designed for mobile users worldwide, skill-based progression with real-time events and competitive leagues, player collectible ownership and trading through blockchain, PVE Scenarios Mode, and access to Mythical Marketplace. You may also like: FIFA Partners with Mythical Games to Launch Free-to-Play Soccer Game ‘FIFA Rivals’ on Mobile FIFA, the global governing body for soccer, has partnered with blockchain gaming studio Mythical Games to develop "FIFA Rivals," a free-to-play soccer game set to launch on iOS and Android in the summer of 2025.The game promises real-time arcade gameplay, allowing players to manage their own soccer clubs and compete against others worldwide.Mythical Games described FIFA Rivals as an opportunity for players to "build their squad, dominate the competition, and create their... TeraHash Appoints ex NEAR and Cosmos Counsel Nathan Cho as Head of Legal The TeraHash Bitcoin mining protocol announced that it has appointed Nathan Cho, a legal veteran from NEAR Protocol , Cosmos , and US Bank , as its new Head of Legal. Per the press release, Cho has over 15 years of legal leadership. He previously served as General Counsel of All in Bits (Cosmos) and Deputy General Counsel of NEAR Foundation, and he held senior roles at multiple fintech startups and US Bank. Source: TeraHash, Twitter Cho “brings deep expertise in building legal frameworks for decentralized and blockchain-based ventures,” the team says. In his new role, he will oversee TeraHash’s legal strategy, ensure compliance with global regulations, and build a comprehensive risk management process to support the protocol’s innovative mining-as-a-service model. You may also like: Tether’s Open-Source Mining OS Could Shatter Barriers – Will Public Miners Lose Their Edge? Tether, the issuer of the USDT stablecoin, is preparing to open-source its Bitcoin mining operating system, a move that could shake up the mining industry and lower barriers for new entrants.Announced by CEO Paolo Ardoino, the initiative seeks to provide smaller or independent miners with tools that typically require expensive third-party software or infrastructure. The software, known as the Mining Operating System (MOS), is designed to scale from small, DIY setups to large,... Disney Pinnacle by Dapper Labs Launches Quest for Rarest Pins Disney Pinnacle by Dapper Labs , the digital pin collecting and trading platform, has announced the Genesis Keys quest. Fans around the world can now claim free Genesis Keys every four hours on the quest for one-of-one Genesis Editions , the first digital pins minted on the platform. The event started on 12 June and will end once all three Genesis Capsules have been unlocked. Read the full details on how everything works here: https://t.co/uulwS3mtor — DisneyPinnacle (@DisneyPinnacle) June 12, 2025 The blog post says that Genesis Editions are the rarest digital pins in Disney Pinnacle by Dapper Labs . They are all single-variant 1-of-1s, making each one unique. They’re also historic as they’re the first digital pins ever minted in the app. Every collector will have the chance to chase, unlock, and secure one of the three Genesis digital pins. The Genesis Keys campaign is the first phase of Disney Pinnacle by Dapper Labs’ rollout, “gearing up for more action throughout the summer.” As the community claims Keys at the 100,000, 200,000, and 300,000 milestones, Genesis Capsules containing ultra-rare digital pins will be released. Each Genesis Pin is uniquely serialized and features iconic Disney moments, says the announcement. You may also like: Disney Invests $1.5 Billion in Epic Games to Create New Virtual World tied to Fortnite Entertainment giant Disney and video game developer Epic Games have joined forces to build a new immersive virtual universe tied to Fortnite.In a recent press release, Disney said it also plans to invest $1.5 billion to acquire an equity stake in Epic Games alongside the multiyear project.While specific details about this metaverse-like venture remain scarce, Disney has provided some insights into their plans.The forthcoming persistent universe will not only offer a world-class... __________ Bookmark this page and subscribe to our newsletter for the latest crypto news updates! The post What’s Happening in Crypto Today? Daily Crypto News Digest appeared first on Cryptonews .

Ronin’s 18.44% spike in trading volume reflects rising interest in blockchain gaming as macro conditions trigger investor repositioning. Fasttoken’s $54.63M volume and $1.92B market cap show liquidity strength, providing a hedge against upcoming economic volatility. Akash Network...