• XCM version 3, a feature of Polkadot’s blockchain ecosystem, has been merged after 15 months of development.
• XCM works across chains, smart contracts, and non-fungible tokens (NFTs). It also enables communication between networks with different consensus mechanisms, like between Bitcoin and Polkadot.
• Polkadot founder Gavin Wood announced the merge of XCM v3 on Tuesday, 17 January 2023.

The Polkadot blockchain ecosystem has taken a giant leap forward with the successful merge of XCM version 3. XCM, or cross-consensus message, is an interoperability blockchain designed to allow different consensus systems to communicate. The merge of XCM v3 was announced on Tuesday, 17 January 2023, by Polkadot founder Gavin Wood.

XCM has been in development for fifteen months, and it has been designed to work across chains, smart contracts, and non-fungible tokens (NFTs). It also enables communication between networks with different consensus mechanisms, like between Bitcoin and Polkadot. This will help to create a more seamless experience between different blockchain platforms.

XCM also offers instructions on how to compose, send, and interpret messages across chains. The destination chain is the one that executes the instructions, with support for multiple consensus algorithms and specialized native contracts. This helps to ensure that the message reaches its intended destination in a secure manner.

The merge of XCM v3 is a major milestone for the Polkadot project, and it marks a new era for the blockchain ecosystem. The new feature will make it easier for developers to create applications that span multiple blockchain platforms, and it will also help to bridge the gap between different consensus systems.

Gavin Wood, who also founded Kusama, Ethereum, and Parity Technologies, said that the merge of XCM v3 is a “major milestone” for Polkadot. He also said that it will “enable bridges, cross-chain locking, exchanges, NFTs, conditionals, context-tracking and more.”

The merge of XCM v3 is a major step forward for the Polkadot project, and it has the potential to revolutionize the way that blockchain platforms interact with each other. This will enable developers to create more powerful applications that have an even broader reach.

• Cryptocurrency prices had a strong week as investors reacted to the FTX bankruptcy proceedings and the latest American inflation data.
• This crypto price prediction will look at what to expect with AGIX, Aptos, and MULTI.
• AGIX price prediction suggests that the token is about to have a major pullback.

The cryptocurrency market had a promising week as investors reacted positively to news of the FTX bankruptcy proceedings and the latest American inflation data. The week was significant for cryptocurrencies as the FTX bankruptcy proceedings revealed that the exchange had found more than $5 billion in liquid assets that could be sold. This news was followed by the release of data from the US Bureau of Labor Statistics showing that inflation was cooling.

As a result of this news, investors turned to the cryptocurrency market for a safe haven and the prices of various coins surged. This article will provide a cryptocurrency price prediction for three coins – AGIX, Aptos, and MULTI.

AGIX is the native token for SingularityNet, a rapidly growing AI platform built on Cardano. The AGIX crypto price surged to a high of $0.130 this week, the highest point since October 14. It has jumped by more than 253% from the lowest point in 2022. It is unclear why the token rose but a likely reason is that it was in sync with other AI-focused coins. Turning to the daily chart, we see that the token went parabolic this week. As it rose, it moved above the important resistance point at $0.072, the highest point on December 13. The coin managed to move above all moving averages and is now approaching the important resistance point at $0.136 In the same period, oscillators like the Relative Strength Index (RSI) and the MACD have all surged. Therefore, I suspect that SingularityNet’s token is about to have a major pullback. If this happens, the next key support level to watch will be at $0.10, which is about 25% below the current level.

The cryptocurrency Aptos, which is the native token of the Aptos blockchain, had a promising week as well. The Aptos crypto price surged to a high of $0.75 this week, the highest point since December 11. It has jumped by more than 35% from the lowest point in 2021. It is unclear why the token rose but a likely reason is that it was in sync with other blockchain-focused coins. Turning to the daily chart, we see that the token went parabolic this week. As it rose, it moved above the important resistance point at $0.50, the highest point on December 13. The coin managed to move above all moving averages and is now approaching the important resistance point at $0.80. In the same period, oscillators like the Relative Strength Index (RSI) and the MACD have all surged. Therefore, I suspect that Aptos’s token is about to have a major pullback. If this happens, the next key support level to watch will be at $0.65, which is about 25% below the current level.

Finally, MULTI, the native token of the MultiChain blockchain, had a strong week as well. The MULTI crypto price surged to a high of $2.01 this week, the highest point since December 8. It has jumped by more than 95% from the lowest point in 2020. It is unclear why the token rose but a likely reason is that it was in sync with other blockchain-focused coins. Turning to the daily chart, we see that the token went parabolic this week. As it rose, it moved above the important resistance point at $1.30, the highest point on December 13. The coin managed to move above all moving averages and is now approaching the important resistance point at $2.05. In the same period, oscillators like the Relative Strength Index (RSI) and the MACD have all surged. Therefore, I suspect that MultiChain’s token is about to have a major pullback. If this happens, the next key support level to watch will be at $1.75, which is about 25% below the current level.

Overall, the cryptocurrency market had a promising week as investors reacted positively to news of the FTX bankruptcy proceedings and the latest American inflation data. This article provided a cryptocurrency price prediction for three coins – AGIX, Aptos, and MULTI. AGIX price prediction suggests that the token is about to have a major pullback. Aptos price prediction suggests that the token is about to have a major pullback. And finally, MULTI price prediction suggests that the token is about to have a major pullback. Investors should keep an eye on these coins as further news develops.

• The US Securities and Exchange Commission (SEC) has filed charges against Genesis and Gemini accusing the two of selling unregistered securities through the Gemini Earn product.
• The Gemini Earn product was introduced in February 2021 and allowed Gemini customers to earn yield by lending their crypto assets to Genesis, with returns of up to 8%.
• Genesis has been having liquidity issues after FTX’s collapse and has paused withdrawals to date.

The US Securities and Exchange Commission (SEC) has filed charges against crypto firms Gemini and Genesis, accusing them of selling unregistered securities. The SEC alleges that Gemini and Genesis misrepresented their business model by advertising returns of up to 8% to customers, without first registering the partnership as a lending partnership with the relevant authorities.

The Gemini Earn product was introduced in February 2021 and allowed Gemini customers to earn yield by lending their crypto assets to Genesis. The product ran until January 8 2022 and saw Gemini and Genesis earn billions of dollars from investors. Unfortunately, Genesis has had liquidity issues since the collapse of FTX, and has had to pause withdrawals to date.

The SEC has accused both firms of violating the Securities Act of 1933, which requires companies to register securities offerings with the SEC prior to selling them to investors. The charges against both firms also include a cease-and-desist order, which requires them to cease and desist from violating the securities laws in the future.

The SEC also stated that any investors who purchased the unregistered securities from Gemini or Genesis may be eligible for compensation in the form of a rescission offer, which would allow them to receive a refund for the securities they purchased.

The SEC’s action against Gemini and Genesis serves as a reminder to crypto investors that they should always do their due diligence and make sure that crypto companies are compliant with the relevant regulations before investing. It also highlights the importance of understanding the legal and regulatory framework of the crypto industry, and the need for crypto companies to ensure that they comply with all applicable laws.

The SEC’s action against Gemini and Genesis is the latest in a series of regulatory actions taken by the agency against crypto companies in the US. It is likely that the SEC will continue to take a firm stance on crypto companies that do not comply with the applicable laws and regulations.

• AGIX price has surged by over 200% since its lowest point in 2022.
• SingularityNET is a blockchain project that seeks to incorporate concepts on artificial general intelligence (AGI).
• The platform is built on top of Cardano’s blockchain and its ecosystem includes projects in industries like DeFi, gaming, arts, and enterprise AI.

In the past few days, AGIX, the cryptocurrency token of SingularityNET, has defied gravity, surging to its October high. The coin has jumped by more than 204% from its lowest level in 2022 and is now trading at $0.10, with a market cap of more than $115 million.

SingularityNET is an ambitious blockchain project that seeks to incorporate concepts related to artificial general intelligence (AGI). The project is built on top of Cardano’s blockchain, which has been gaining traction in the crypto market, and its ecosystem has been growing significantly. The platform has established various partnerships with entities such as Ocean Protocol, Cisco, and Binance Connect, and there are some interesting applications built on top of its network.

One of the most important projects in the SingularityNET ecosystem is SingularityDAO, a decentralized portfolio management protocol designed to enable anyone to safely and easily manage their crypto assets. The platform also offers distributed computing and storage solutions through Nunet, which provides infrastructure for decentralized networks.

In addition, SingularityNET has achieved some major milestones in 2022, including the training of AI models and the launch of the Desi project, which is an open-source platform designed to enable the development of AI agents.

Overall, the future looks bright for SingularityNET and its AGIX token. The platform has established itself as a leading player in the AI space and the recent surge in its price is a testament to the potential of the project. With its expansion into new industries and the development of new applications, SingularityNET is well-positioned to become a major player in the blockchain space.

– Bonk is a meme token launched on Solana on Christmas Day that has surged close to 2,500%.
– Solana has been struggling due to multiple top projects fleeing the blockchain, repeated outages, and its association with Sam Bankman-Fried.
– Despite the struggles, Solana has bounced back a little in conjunction with the surge in Bonk.

As the crypto market revives from the holiday lull and traders look for new opportunities, a meme token issued on the Solana blockchain has emerged as the hottest new asset. Bonk was launched on Christmas Day, and it has surged close to 2,500% since then.

The movement of Bonk’s price has coincided with Solana’s rise in the market. The blockchain has been going through a tough phase recently, as multiple top projects have exited the blockchain and repeated outages have caused massive problems. It is also facing the brunt of its association with Sam Bankman-Fried, the CEO of FTX, which has been pulling down the price. Despite all these issues, Solana has managed to bounce back a little in the market, with the surge in Bonk playing a major role. The token’s price increase in the last hour has been as high as 150%.

Looking at Coinglass data, there has been close to $20 million in trading volume for Bonk in the last 24 hours. This has been driven by the “FOMO” (fear of missing out) surrounding the token, as traders rush to get a piece of the action. But, our analyst warns that this is not the climate for memecoin hysteria, and investors should be careful of doggy tokens and remember the lessons learned from previous meme token bubbles.

• The Blockchain Association’s Kristin Smith believes that proper crypto regulation could make consumers more comfortable using cryptocurrency and attract institutions to the industry.
• There were three congressional hearings on the collapse of FTX, but lawmakers walked away with more questions than answers.
• Smith does not believe that more laws are needed for the sector, as FTX was an old-fashioned crime that does not need to be addressed by modern policy.

The Blockchain Association, an entity that advocates for peer-to-peer technology that puts power in the hands of consumers and creators, recently spoke to CNBC’s Squawk Box Asia about the state of the cryptocurrency market and how regulation can make consumers more comfortable using cryptocurrency. Kristin Smith from the Blockchain Association commented on the importance of regulation in the industry.

Smith believes that proper crypto regulation can make consumers more comfortable using cryptocurrency and can also attract institutions to the industry. She mentioned that the collapse of FTX drew attention to the state of the market and how to prevent similar things from happening in the future. After the incident, there were three separate congressional hearings on the matter, but lawmakers walked away with more questions than answers. Smith said that the sector needs more regulation on stablecoins and spot markets.

When asked if more laws were needed, Smith responded that FTX was an old-fashioned crime, and not something that needs to be addressed by modern policy. She believes that it is now up to Congress to figure out what the gaps are that need to be filled.

The benefits of regulation in the cryptocurrency industry are clear, as it could provide the security and stability needed to attract more users and institutions. However, it is important that lawmakers do not overburden the industry with unnecessary laws and regulations, as this could have a negative impact on the industry. It is now up to the government to figure out how best to regulate the cryptocurrency market in order to protect consumers while also allowing the industry to thrive.