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Bitgert and Terra Classic have recently caught the attention of users of Avorak AIs trade algorithms. Investors have been using Avorak AIs trade algorithms in recent months to closely monitor the two cryptos with successful results. Such precision has helped traders earn significant profits through timely buying and selling.

Avorak AI is an ecosystem of cutting-edge artificial intelligence solutions for advanced trading algorithms and powerful tools for investors and traders in the crypto market. Built on the Binance Smart Chain, Avorak AI deploys top-notch machine learning models and big data analytics, providing traders with real-time data analysis and trade signals. Avorak Trade can make price predictions and execute trades on behalf of the user based on pre-set parameters and market conditions. Avorak AI bots scan the market 24/7, identify profitable opportunities, and execute trades without human intervention, making them ideal for traders who want maximum profits while minimizing risks. Trade bots can analyze current news and events, and market trends to make trading decisions. The bots are customizable, allowing traders to tailor-make parameters and risk management strategies, for example, stop-loss orders and trailing stops.

Avoraks ICO has been a success so far, and in its phase four, AVRK jumped 200% to $0.180, signaling a surge toward the targetted 350% rise at launch. The Azbit exchange has earmarked Avorak for listing in its exchange along with major currencies like Bitcoin.

Avorak AI also deploys Avorak Write, a content generation tool that rectifies the inherent mistakes of the current AI assistants in the market. For example, it uses artificial intelligence and machine learning to generate human-led content that is nonrepetitive and original. Avorak Write specifically generates content in different tones and styles, depending on user preferences.

Bitgert is a crypto engineering blockchain-based solution in the Binance Smart Chain (BSC). Their goal is to deliver blockchain-based audits and products worldwide, which they aim to achieve through their native blockchain, the Brise Chain. This is a fast blockchain with no gas fees and can handle several TPS. Using the proof of authority mechanism, Brise can achieve fast transaction times and low fees. Bitgert offers in its ecosystem a DeFi protocol, NFT Marketplace,, and a DEX. BRISE is the native token of the BRISE Chain and Bitgert ecosystem.

Avorak AI prediction notes that it will take several years before BRISE reaches one cent. While the growth of Bitgerts community and adoption rate may be positive signs for its 1 cent prospects, it is crucial to consider that these factors alone may not be sufficient to determine its long-term value. Many other factors could come into play, such as competition from other cryptocurrencies, security concerns, and changes in the overall market conditions. Therefore, it is crucial to conduct thorough research and seek professional financial advice before making any investment decisions in the crypto market.

Launched in 2018, Terra Classic was designed to be a stablecoin pegged to the value of the US dollar, and an attractive option for users looking for a stable, low-volatility cryptocurrency useful for day-to-day transactions. The stability mechanism strives to issue and burn tokens in response to changes in demand, which helped to keep the price of the cryptocurrency pegged to the value of the US dollar. However, Terra Classic experienced a split when its key tokens collapsed in value. This split caused a significant drop in the price, and many investors were left uncertain but, the developers behind Terra Classic have continued to work on improving the platform. As such, investors still believe in the long-term potential of LUNC.

Avorak AI trading bot predicts the potential for growth and profit in LUNC, given its stable value and focus on usability, It remains a promising cryptocurrency that is worth keeping an eye on in the months and years to come, but it may take several years to achieve the $1 mark. It will need major advancements and collaborations to achieve the feat. Terra Classics integration with high-flying AI crypto like Avorak could boost its price toward its target.

As the cryptocurrency market expands and evolves, processes become more complex, and tools like Avorak AIs trade algorithms are instrumental for traders who want to stay ahead of the curve and maximize their profits. With successful price predictions for cryptocurrencies like BRISE and LUNC, Avorak AI is proving to be a must-have resource for traders in the fast-paced crypto trading space.

More on Avorak AI and its ICO:

Website: https://avorak.ai

Buy AVRK: https://invest.avorak.ai/register

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Bitgert and Terra Classic Price Predictions by Avorak AI Trade Algos ... - The Coin Republic

A proposal to make PancakeSwap (CAKE) scarce isnt preventing the token from collapsing, reading from the candlestick recorded on April 19.

CAKE is the utility token of PancakeSwap, a decentralized exchange running on the Binance Smart Chain (BSC). Like the rest of the cryptocurrency market, CAKE is under immense pressure, dropping four percent on the last trading day.

Notably, CAKE is also down 25% from early February. The token price is at March 2023 lows and looks likely to break the support line at around $3.45.

The bearish engulfing bar of April 19 is wide-ranging and with decent volumes. It is a continuation of losses of March 27 and a confirmation of sellers set in motion on February 9. On this day, the Uniswap community voted to deploy Uniswap v3 on BNB Chain, a smart contracting platform similar to Ethereum.

It also marked the first time Uniswap, a decentralized exchange, had been deployed to a high-activity platform like the BNB Chain. The contraction of CAKE prices was in response to the expected competition considering Uniswaps dominance in Ethereum and decentralized finance (DeFi), judging from the protocols total value locked (TVL).

As an illustration, DeFiLlama data on April 19 shows thatUniswaphad a TVL of $4.29 billion, more than $2 billion that of PancakeSwap. Despite initial fears, PancakeSwap remains the dominant DEX on the BNB Chain ecosystem, enabling the trading of BEP-20 tokens.

CAKEs dump continues even after a proposal from the PancakeSwap community to make CAKE more deflationary. In the newproposal, CAKE would have an annual inflation rate of 3% and 5%, prioritizing shifting to a more sustainable staking model. Here, the goal is to have low staking inflation of CAKE, wherein the real yield is from PancakeSwaps revenue. At the same time, the goal is to create a structure that favors long-term CAKE staking.

Breaking down details, staking allocation per block will drop from 6.65 CAKE per block to a target of about 0.35 1 CAKE per block. At the same time, a system favoring long-term stakers will see CAKE holders who choose to tie their tokens for longer earn a bigger share of the platforms revenue. CAKE stakers will be allocated 5% of trading fees generated from PancakeSwap v3.

Voting on this proposal started on April 19, 4 PM UTC and ends on April 21, same time. The voting period is to allow for consensus. As of writing, 63% of all voters favor the proposal to make CAKE ultrasound. For this system to be implemented, it should receive majority support from the community.

Feature Image From Canva, Chart From TradingView

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PancakeSwap Voting To Make CAKE Deflationary, But Prices Are Free-falling - NewsBTC

Blockchain security firm Beosin disclosed that in the first quarter of 2023, it tracked and recorded a total of 61 attacks in the web3 space and 41 rug pulls.

The overall loss from attacks in the Q1 2023 report was around $295 million, less than any of the 2022 quarters. The rug pull thefts resulted in a loss of almost $20.34 million.

Thereporthighlighted that the web3 attacks were the most frequent in March. The month saw a total loss of $235 million, which circles to 79.7% of all losses in Q1. For instance, a hack in March cost Poolz Finance almost $390,000 on the Polygon and Binance Smart Chain. Non-custodial DeFi protocol Euler Finance was also the target of a flash loan attack in the month, losing over $195 million.

Most defi attacks, according to previous data by DeFiLlama, use compromised private keys.BeInCryptocited the report underlining that assaults in 2023 involve problems with protocol logic.

The report found that Rug Pulls continue to occur frequently this quarter, with 56% of the exit scams involving amounts less than $100,000.

In April, theSouth Koreancryptocurrency platform GDAC suffered a loss of at least $13 million due to a hot wallet hack. At the beginning of the month, $570,000 worth of crypto from cross-chain solutions vendor Allbridge was also stolen.

Beosin notes that DeFi attacks incurred the highest losses this past quarter. 42 DeFi security incidents resulted in a total loss of $248 million, the report stated.

According to the blockchain security study, Ethereum was the most affected blockchain in terms of losses, accounting for 80.8% of all losses. The report noted, In Q1 2023, there were 17 major attacks on Ethereum, resulting in total losses of approximately $238 million.

Ethereum as a target is unsurprising, considering it is the second-biggest cryptocurrency by market cap and the largest network in terms of the total amount of money locked in defi.

According to the research, flash loans were the source of 67% of losses this quarter. According to the report, eight of these occurrences resulted in almost $198 million in losses.

The BNB Chain experienced the second most number of attacks with 31 exploits. Its overall losses came to $19.48 million. Notably, 34 projects (83%) of the total 41rug pullsoccurred on the BNB Chain.

Algorand came in third, mostly due to the MyAlgo wallet problem. Beosin noted the chain did not experience any significant security breaches last year.

Meanwhile, Solanas position among all blockchains in terms of losses has improved since 2022. Per the report, no significant security incidents were found this quarter on Solana.

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content.

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Web3 Attacks Continue Into 2023, But Figures Better Than 2022 - BeInCrypto

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writers opinion

Binances ecosystem has been at the receiving end of an unrelenting regulatory pushback in the first quarter of 2023, casting serious concerns on the future of one of the largest entities in the crypto space.

The latest salvo directed at the crypto-behemoth was the lawsuit by U.S. Commodity Futures Trading Commission (CFTC), accusing the exchange and Founder Changpeng Zhao (CZ) of violating local compliance rules to expand its business.

Earlier in February, Paxos, the issuer of the Binance branded stablecoin BUSD, was directed by the New York Department of Financial Services (NYDFS) to stop minting new tokens. The action, according to the regulator, was brought about by several unresolved issues related to Paxos oversight of its relationship with Binance.

The impact of these crackdowns has been severe. According to a report by crypto-market data provider Kaiko, Binance lost 16% share of global trading volume in Q1 2023. The lawsuit-induced FUD resulted in a radical shake-up of its exchange reserves with users withdrawing funds for self-custody.

Moreover, the net stablecoin outflow reached -$295 million/day recently, which was the largest net outflow in the history of the worlds largest crypto-exchange. Stablecoin liquidity is one of the most crucial parameters to gauge the health of a crypto-trading platform.

The future course for Binance and its native token Binance Coin [BNB] is shrouded in uncertainty. And, most of the investors and analysts in the space would be busy understanding the dynamics to make informed decisions going forward. We, at AMB Crypto, tried to get some help from an unlikely ally ChatGPT

ReadPrice Prediction for Binance Coin (BNB)2023-24

Ever since it burst onto the scene, ChatGPT has become a rage, revolutionizing the way humans interact with AI. People have flooded the AI-powered chatbot with a plethora of use cases to get assistance for literally anything. Right from finding a bug in a code, asking philosophical questions about life, getting dating advice, and even writing full-fledged media articles (not this one though).

Put simply, it functions like a conventional chatbot that we have encountered on the customer support section of different e-commerce companies. However, the big difference here is that the communication is more conversational, or to put it in a different way, more human-like.

Well, this is because it has been trained using reinforcement learning from human feedback (RLHF). This helps it understand instructions and generates nuanced responses.

But cryptos? Binance? Are we stretching the limits of ChatGPT? Lets see.

Binance is not new to compliance-related issues in the U.S. In 2019, it ceased to operate in the country and launched a separate exchange, Binance.US, its American arm.

The platforms structure is quite similar to the fallen FTX in the sense that a major part of its administration is being controlled from outside the U.S. Hence, it has always been under the radar of the regulators.

We started to test our AI friend by posing this very sweeping, although controversial, question. Now, the ability of ChatGPT to express itself is hindered because of the restrictions imposed by the creators. To make it speak its mind, we used the jailbreak hack.

As is evident, ChatGPT refused to make it a Binance v. U.S. government binary and highlighted that the exchanges woes are not limited to one market. It acknowledged that Binance is taking steps to correct its image but the future remains in uncertainty. It was quite fascinating to note that ChatGPT steered clear of making definitive statements, something which any expert or analyst in this space wouldve done.

Apart from regulatory concerns, the ecosystems blockchain, BNB Chain, has gained notoriety for rising number of decentralized finance (DeFi) hacks of late. As per a report by ImmuneFi, a Web3 bug bounty platform, BNB Chain was the most targeted chain in Q1 2023 with 33 incidents of hacks and exploits.

Here again, we turn to our AI partner to know if hacks will be the undoing for Binance. This time, it seemed as if it was waiting for this question to be hurled at its end.

ChatGPT said hacks were definitely a cause for concern and advised the developers to prioritize the issue as it may have a damaging effect not just on the adoption of the BNB Chain, but in the value of BNB coin as well.

Well, ChatGPT would be glad to know that its word of caution was taken seriously. To address the security loopholes, BNB Chain soon announced a hard fork which is scheduled to go live on 12 April.

Another thing which caught our attention was the use of BSC rather than BNB in the latest response. Now, its a known fact that Binance Chain and Binance Smart Chain are now collectively referred to as one entity BNB Chain. This change was introduced in February 2022. However, ChatGPT continued to use BSC Chain.

This, because its knowledge cutoff date is September 2021, meaning that it will base its answers on the information available until this date only.

At press time, BNB was the third-largest cryptocurrency (excluding stablecoins) in the sector, with a market cap of more than $49 billion, per CoinMarketCap data. As a result, significant fluctuations in its value could create ripples in the broader crypto-market.

BNB commenced a bullish cycle at the start of 2023, something that has helped it in gaining 27% on a year-to-date (YTD) basis. However, recent hiccups have applied brakes on its momentum. Since the CFTC lawsuit, the coin has shed 4.5% of its value.

Although setting unrealistic expectations amidst this FUD is not the most sensible thing to do, we tried to put ChatGPT under a bit of pressure. We asked whether it sees BNB touching $350 in 2023 given the current state of uncertainty. And, it impressed again.

As was the case earlier, it didnt give a definite value or a price range, which was its USP. Or else it would have felt like a soothsayer predicting the results of FIFA World Cup matches, like Paul the Octopus.

In a very measured way, it outlined factors like market trends, technological developments, and regulatory changes, which will eventually decide the course of any coin. It also called attention to Binances strong DeFi ecosystem which could support BNBs price in the long run.

Enough of the AI praising! Needless to say, it isnt practical to only depend on what an AI tool says when it comes to price predictions and markets. There is nothing like getting the insights of real world experts. Therefore, we got in touch with Marius Grigoras, Chief Executive Officer at BHero and a crypto-expert, to help us out with the same question that we asked to ChatGPT. He stated

While I cannot give a certain answer on whether BNB will reach $350 in 2023, we must consider the general market dynamics. Its evident that the recent regulatory crackdown has taken its toll on the entire crypto market, including BNB. But despite some fluctuations in price which may occur in the short term, I believe BNB possesses the resilience to rebound even stronger in the long haul.

Did you find similarities between the human opinion and the AI opinion?

Is your portfolio green? Check out theBNB Profit Calculator

This week saw the Relative Strength Index stray away from the neutral level that it had maintained for more than two weeks. The RSI headed upwards towards the overbought territory and is currently at 64.60.

The On Balance Volume indicator also displayed signs of volatility as it moved away from its midline towards the top. The OBV is currently at 556 million, indicating a positive volume pressure that could potentially lead to higher prices.

The bears attempted to take BNB past its immediate resistance zone at $333, but failed to push through, marking a second failed attempt in a span of three days. A breach of this level would position $344 as the next resistance zone.

As for the bearish scenario, $305 remains the immediate support zone. At the time of writing, BNB was trading at $331. Data from CoinGlass shows that the open interest on BNB futures went up by 3.6% over the past 24 hours. BNBs total liquidations for the same period came in at $1.08 million.

BNBs Open Interest (OI) or the total dollar value locked in unsettled contracts on Futures exchanges was $308.7 million. The same saw a marginal drop of 0.54% over the last 24 hours, as per Coinglass. Since the CFTC lawsuit, the OI has declined by 12%.

The funding rates across most exchanges seemed to be in green though, indicating the dominance of bullish traders.

Additionally, traders positioning themselves for price gains increased vis--vis those looking for price losses, as the Longs/Shorts Ratio hiked to 1.25%.

Its important to note that these indicators fluctuate on a day-to-day basis and can take a wild turn in no time. Therefore, the next course of action for BNB is tough to predict. Only time will tell whether it will manage to weather this storm.

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I asked ChatGPT whether BNB could recover its lost fortunes, it foresaw - AMBCrypto News

What is XRP?

XRP is a digital currency that facilitates cross-border payments. It is the native currency of the XRP ledger, a decentralized blockchain technology that allows for fast and low-cost transactions. XRP was created by Ripple Labs, a San Francisco-based company that specializes in blockchain-based solutions for financial institutions. The XRP ledger uses a consensus algorithm different from the proof-of-work algorithm used by Bitcoin and other cryptocurrencies. The Ripple Protocol Consensus Algorithm (RPCA) algorithm allows for transactions to be validated in mere seconds.

Hedera (HBAR) is a decentralized public network that is meant to be used for decentralized applications on an enterprise level. It was launched in 2019 by Hedera Hashgraph, a company that is based in Texas. HBAR is the native currency of the Hedera network and is used to pay for transactions on the network. The chain uses a consensus algorithm called the Hashgraph consensus algorithm, which is fast, fair, and efficient.

Ripple (XRP) and Hedera (HBAR) are cryptocurrencies that could benefit from integrating AI solutions like Avorak AI into their chains or dApps. The decentralized AI platform is built on the Binance Smart Chain with a plan to go cross-chain after launch. Its AI-backed tools comprise trading bots, chatbots, and much more. AVRK, the native token, uses machine learning algorithms to analyze data and provide insights that can be used to automate trades and provides accurate trading signals.

The AI-powered crypto platform Avorak AI is currently available in the ongoing presale, offering steep bonuses for early investors that provide funds for development. After the ICO sells out, it will list on the centralized exchange Azbit and the decentralized exchange PancakeSwap.

In conclusion, Ripple (XRP) and Hedera (HBAR) are cryptocurrencies that could benefit from integrating AI solutions like Avorak AI. As the adoption of blockchain technology continues to grow, investors should keep an eye out for AI cryptos like Avorak AI.

Learn more here:

Website: https://avorak.aiBuy AVRK: https://invest.avorak.ai/register

Disclaimer:This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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XRP and Hedera (HBAR) are two cryptos that could benefit from AI solutions | Bitcoinist.com - Bitcoinist