AltSignals momentum swells as Fed’s Jerome Powell says crypto has “staying power”

AltSignals momentum swells as Fed’s Jerome Powell says crypto has “staying power”
фото показано с : invezz.com

2023-6-22 12:24

AltSignals news today is that the project’s presale has new momentum. This is after cryptocurrencies rallied amid comments by the US Federal Reserve Chair Jerome Powell that have added to the positive sentiment in the crypto market.

The market is also up after rallying earlier in the week, largely catalysed by BlackRock’s spot Bitcoin ETF filing. WisdomTree, Invesco, and Valkyrie have since applied to the SEC for spot ETFs. Crypto is buzzing and new coins like AltSignals could be big movers as investors eye the next bull cycle.

Fed Chair says crypto has staying power

On Wednesday, Fed Chair Jerome Powell remarked during a monetary policy testimony at the House Financial Services Committee that crypto has “staying power” as an asset class.

Powell also commented on the stablecoins market, noting that the Fed need to have a robust role in the regulation and oversight of the industry.  But he pointed out that the US central bank views stablecoins “as a form of money.” Bitcoin and other cryptocurrencies rallied following the comments.

In the grander scheme of things, SEC’s lawsuits against Binance and Coinbase are potentially impactful events on the horizon, although reports such as this suggest things could be better. The macroeconomics environment could be another factor, especially after the Fed hinted at further rate hikes in the coming months. But despite all these, the entry of Wall Street financial giants and Powell’s remarks that crypto has “staying power” as an asset class suggest that regulatory clarity could see crypto adoption hit the next level.

Similar moves in the artificial intelligence space, which saw the US Congress introduce a bipartisan bill for AI regulation this week, are welcome as authorities look to protect consumers. Given, these are scenarios that could favour the AltSignals project, which integrates blockchain technology, cryptocurrency and AI into a platform set to revolutionise the trading industry.

What is AltSignals?

AltSignals is a project that looks to give investors, traders and crypto enthusiasts a chance to benefit from a revolutionary AI trading algorithm. This is because AltSignals is building a new AI-powered algorithm to be offered via the ActualizeAI platform.

ActualizeAI integrates the power of blockchain technology and AI to give users access to a powerful trading signals tool, with the added benefit of investing via the native ASI token. Some of the benefits of holding ASI include exclusive access to the ActualizeAI ecosystem, members club, trading tournaments and DAO governance. There are also passive income opportunities, including staking.

More of what’s possible with AltSignals can be found here.

ASI price to jump 25% in next presale stage

The ASI token presale is currently open and in stage 1 where 95% of the available tokens have been sold. It means less than 5% of the tokens available at the current price of $0.015 remain. With interest in the project high as shown by the over $1 million that early investors have put in so far, the current stage is likely to be sold out in no time.

ASI price will increase by 25% when the current stage ends, with the token’s value at $0.01875. During this stage, the AltSignals team will look to raise $1,171,875. In all, the presale will take four stages, and ASI price will increase to $0.02274 in the final stage.

Key milestones in the AltSignals roadmap

AltSignals targets raising $5,480,600 by the end of the presale, with the funds going into the development and launch of ActualizeAI. Per their roadmap, the token will go live in the market in Q3. The team will also automate the current AltAlgo trading algorithm and launch the ActualizeAI Pass NFT Marketplace in the same quarter.

Governance and ActualizeAI Beta version are expected in Q4, 2023, while the ALPHA launch and live trading are projected for Q1, 2024. In Q2, 2024, AltSignals will launch their Mobile Application and add 2-click onboarding.

The post AltSignals momentum swells as Fed’s Jerome Powell says crypto has “staying power” appeared first on Invezz.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Emerald Crypto (EMD) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 4.67 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0095806 (-100%)

crypto altsignals powell jerome momentum reserve federal

crypto altsignals → Результатов: 44


AltSignals Has Investors Excited About The Prospect Of Crypto Gains In 2023. Will The New ASI Token Take Off?

With AltSignals’ ASI presale gaining traction, many investors are excited about its potential to offer them substantial crypto gains in 2023 – in more ways than one. In this article, you’ll find out why AltSignals has garnered so much hype in recent weeks and how its ASI token could change the game for investors and […] The post AltSignals Has Investors Excited About The Prospect Of Crypto Gains In 2023.

2023-4-20 22:15


Polkadot Price Predictions Set To Soar as AltSignals’ ASI Token Hits the Market. Will The New Crypto Asset Beat Polkadot?

Early 2023 has seen a long-term trend reversal in the crypto markets, as Bitcoin has started to reclaim previous price levels, and many altcoins have reached new highs. The Polkadot price prediction remains bullish over the coming years, while AltSignals (ASI), a new crypto asset launched during this period, has been attracting significant investment already.

2023-4-20 22:02


Фото:

AltSignals presale almost 50% sold out as Meta unveils “Segment Anything” AI tool

The AltSignals presale is continually gaining traction as artificial intelligence (AI) dominates both the tech and crypto industries. The most recent AI entrant is Meta’s “Segment Anything” AI image identification tool and it is expected to spur an additional AI focus, which is a selling point for other AI-lining projects like AltSignals.

2023-4-9 06:59


Crypto Traders Gear Up and Flock to AltSignals’ New Token, ASI

The Crypto markets can prove challenging to navigate due to the volatile nature of its response to Macro economic and political incidents which affect it. This volatility is further fuelled by the speculative nature of the projects to which cryptocurrencies are attached, with new and cutting-edge technologies being applied while in their infancy but with […] The post Crypto Traders Gear Up and Flock to AltSignals’ New Token, ASI appeared first on CoinJournal.

2023-3-31 20:48


AltSignals’ ASI Token Promises Real-Time Trading Signals To Give Investors an Edge. Could This Be The Best Crypto Newcomer of 2023?

AltSignals has recently announced its ASI token, a game-changing crypto that promises to help investors find their edge in the market through AI-powered trading signals. But could ASI’s innovative approach make it one of the best crypto newcomers in 2023? Read on to discover why many seem to think so.

2023-3-31 20:30


Фото:

Mike Novogratz says decentralized revolution is happening– what does this mean for AltSignals?

Bitcoin (BTC/USD) price rose beyond $27,000 on Friday, hitting a 9-month high as crypto bounced higher following this week’s turmoil in the US banking sector. Amid the rally to $27k for BTC and near $1,750 for ETH, Galaxy Digital CEO Mike Novogratz tweeted that it was time for crypto and that “the decentralized revolution is […] The post Mike Novogratz says decentralized revolution is happening– what does this mean for AltSignals? appeared first on Invezz.

2023-3-19 16:23


AltSignals Promises Low Risk and High Rewards for Its New ASI Token Presale. Is It Too Good To Be True?

A recent presale deemed low risk and potential high reward by many has caught the eye of crypto investors across the globe. The AltSignals ASI presale is now underway, and in this article, you’ll find out what AltSignals is, why investors are getting excited about the ASI token, and whether its promise of low risk […] The post AltSignals Promises Low Risk and High Rewards for Its New ASI Token Presale.

2023-3-17 22:19


Ethereum Creator Vitalik Buterin Has High Hopes for Ethereum’s Price in 2023 But AltSignals’ New Token Is Gaining Interest

The Ethereum price prediction is getting increasingly bullish after Vitalik Buterin’s recent comments about the network. However, it remains to be seen whether Ethereum can outperform the AltSignals ($ASI) crypto presale, as the new token is an exciting initiative that will serve a large existing Web3 project.

2023-3-11 16:03