Crypto M - Crypto News

🚀 Bank of America Revises Economic Forecasts Amid Global Tensions Bank of America has adjusted its economic forecasts for the United States and the Eurozone, citing the impact of ongoing global conflicts. According to Jin10, the bank's report on Friday indicated a downward revision of the U.S. growth forecast for this year by 50 basis points to 2.3%. The direct impact of the conflict accounts for approximately three-quarters of this adjustment. Additionally, the overall inflation forecast has been revised upward by 70 basis points, with core PCE expected to be 30 basis points higher than previously predicted, reaching 3.1% by the end of 2026. In the Eurozone, Bank of America has lowered its growth forecast by 60 basis points and increased its inflation forecast by 160 basis points to 3.3%, with core inflation projected at 2.3%. These adjustments reflect the bank's response to the evolving economic landscape influenced by geopolitical tensions. #BankofAmerica#EconomicForecast#USGrowth#Eurozone#Inflation#GeopoliticalTensions#CorePCE#EconomicAdjustment#GlobalConflicts#FinancialForecast

🚀 Binance Alpha to Debut Genius Foundation (GENIUS) Token on April 13 According to Binance Wallet's post on X, Binance Alpha will be the first platform to list Genius Foundation (GENIUS), with trading scheduled to open on April 13. Eligible users will be able to claim an airdrop using Binance Alpha Points on the Alpha Events page once trading commences. Further details are to be announced. #BinanceAlpha#GeniusFoundation#GENIUS#airdrop#cryptocurrency#blockchain#Binance#April13

🚀 Sign Partner Sarah to Attend Hong Kong Forum on Crypto and Smart Economy Sign partner Sarah is set to participate in the 'Crypto 2026: From Cryptocurrency to Smart Economy' forum in Hong Kong on April 19. According to ChainCatcher, she will join a roundtable discussion at this event, which is organized by ChainCatcher in collaboration with RootData and is part of the Hong Kong Web3 Carnival. Sign is developing a global distribution platform for premium services and assets. Its first product, EthSign, enables users to sign legally binding agreements using public keys, creating verifiable contract consent records on the blockchain. The second product, TokenTable, assists Web3 projects in efficiently executing, tracking, and managing token distribution processes. The forum will focus on the paradigm shift resulting from the deep integration of AI technology and crypto networks, with in-depth discussions on AI Agent economy, smart payments, RWA, and crypto infrastructure. Positioned at the intersection of technological transition and economic restructuring, this forum aims to provide insights into the current state of the industry and offer forward-thinking perspectives on the future of smart economic systems. #Crypto2026#SmartEconomy#Web3#AI#Blockchain#Cryptocurrency#SmartPayments#TokenDistribution#EthSign#TokenTable#CryptoInfrastructure#HongKongForum#AIAgentEconomy#RWA#TechnologicalTransition#EconomicRestructuring#ChainCatcher#RootData#Web3Carnival

🚀 Bittensor Co-Founder Addresses Covenant AI Incident and Future Plans On April 12, Bittensor co-founder Jacob Robert Steeves responded to the Covenant AI incident, expressing his shock over recent developments. According to BlockBeats, Steeves accused Covenant AI founder Samuel Dare of actions that severely harmed the protocol and community, betraying the trust of investors and users. He apologized to those affected by the incident. Steeves stated that Bittensor was designed to combat greed and selfishness by enabling collective ownership of AI through a permissionless mechanism. He acknowledged that the incident exposed vulnerabilities in the system but also highlighted the opportunity to strengthen the protocol and community's resilience. Looking ahead, Steeves proposed advancing a "Locked Stake" mechanism, introducing a "time + stake" commitment dimension at the protocol level to enhance transparency and investor protection, thereby reducing similar risks. He noted that this plan was initially designed with Samuel Dare's involvement. Furthermore, Steeves mentioned that the development of subnets 3, 39, and 81 will continue under community leadership, with no changes to their overall functionality and vision. He emphasized that Bittensor remains one of the most decentralized AI protocols and will continue to promote open AI development, with plans to advance towards training larger-scale models, including a trillion-parameter model in the future. #Bittensor#CovenantAI#JacobRobertSteeves#SamuelDare#AI#Blockchain#DecentralizedAI#InvestorProtection#LockedStake#AIProtocol#CommunityLeadership#OpenAI#FuturePlans#TrillionParameterModel#TAO

🚀 RAVE Surges Over 40% Before Settling at $2.40 RAVE experienced a significant price increase, surging over 40% to reach $2.97, according to NS3.AI. The cryptocurrency later adjusted to a trading price of $2.40. #RAVE#cryptocurrency#priceincrease#NS3AI#surge#trading

🚀 RAVE Experiences Significant Short-Term Surge RAVE has experienced a notable increase in its value, with a short-term surge of over 40%, reaching a peak of $2.97. According to Odaily, the current price stands at $2.4. #RAVE#StockSurge#CryptoNews#MarketUpdate#ShortTermIncrease

🚀 XChat to Launch on App Store with Enhanced Privacy Features XChat is scheduled to debut on the App Store on April 17, following nearly a year of testing and development. According to NS3.AI, the app emphasizes user privacy with features such as end-to-end encryption, no advertisements, and no tracking. #XChat#AppStore#PrivacyFeatures#EndToEndEncryption#NoAds#NoTracking#NS3AI#AppLaunch

🚀 Ethereum's Upcoming Glamsterdam Upgrade Progresses Amid Development Challenges Ethereum Foundation has released its latest development update, indicating steady progress in the upcoming Glamsterdam upgrade. According to Foresight News, while the implementation of ePBS (protocol-level PBS) is complex, the related development network is stabilizing, and the block-level access lists (BALs) development network is advancing smoothly. The current goal is to launch the first generalized Glamsterdam development network next week if the ePBS development network remains stable, followed by client releases, security audits, and test network testing. Additionally, EIP-7954, aimed at increasing the maximum contract size, is likely to be prioritized. The subsequent Hegotá upgrade has selected FOCIL (EIP-7805) as the core feature for the consensus layer, while the proposal for account abstraction (AA), EIP-8141, remains in a pending introduction (CFI) status due to lack of consensus. Non-core feature proposals for Hegotá were initiated on April 9. Regarding the network gas limit, the current benchmark target is set at 60 million, with higher limit testing ongoing. As for the upgrade timeline, Glamsterdam is unlikely to go live in the second quarter, and the progress of Hegotá will largely depend on the completion of the former. #Ethereum#Glamsterdam#ePBS#BALs#EIP7954#Hegotá#FOCIL#EIP7805#AccountAbstraction#EIP8141#Blockchain#Crypto#Upgrade#Development#ETH

🚀 Whales Accumulate TRUMP Tokens Ahead of Trump Luncheon On April 12, two significant cryptocurrency holders have been accumulating TRUMP tokens in anticipation of a luncheon with U.S. President Donald Trump. According to BlockBeats On-chain Detection, Whale 8DHkza has withdrawn 850,488 TRUMP tokens from a centralized exchange over the past two days. Meanwhile, Whale 7EtuAt extracted 105,754 TRUMP tokens from another centralized exchange 17 hours ago, bringing their total holdings to 1.13 million TRUMP tokens. #Whales#TRUMPTokens#DonaldTrump#Cryptocurrency#Blockchain#CryptoWhales#Luncheon#OnChainDetection#CentralizedExchange

🚀 XRP Declines 1.7% as Analysts Debate Future Price Movement XRP experienced a 1.7% decline over a 24-hour period, dropping from $1.36 to $1.33 in a matter of minutes during late trading. According to NS3.AI, this movement has positioned $1.35 as a new resistance level. Analysts are divided on whether XRP will face further declines or begin a broader recovery. #XRP#Cryptocurrency#PriceMovement#MarketAnalysis#CryptoTrading

🚀 Bitcoin and Ether Prices Could Signal Sustainable Growth, Says Analyst Macro analyst Jordi Visser has suggested that Bitcoin surpassing $76,000 and Ether exceeding $2,400 might indicate the beginning of a sustainable upward trend this year. According to NS3.AI, Visser expressed confidence in the market's resilience, noting that he does not foresee a recession. Additionally, data from the United States Bureau of Labor Statistics revealed that the Consumer Price Index (CPI) for April increased by 3.3% compared to the previous year. #Bitcoin#Ether#Cryptocurrency#MarketAnalysis#SustainableGrowth#MacroEconomics#CPI#Inflation#BTC#ETH

🚀 Stablecoin Transaction Volume Projected to Surge by 2035 Chainalysis has projected a significant increase in the inflation-adjusted real economic transaction volume of stablecoins, estimating a rise from $28 trillion in 2025 to $719 trillion by 2035. According to NS3.AI, this growth could see stablecoin payment processing volumes reaching parity with Visa between 2031 and 2039. #Stablecoin#TransactionVolume#Crypto#Blockchain#Finance#PaymentProcessing#Visa#EconomicGrowth#NS3AI#Chainalysis