updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131hustle domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131wpforms-lite domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131AI-linked cryptocurrencies surged on Nov. 24 as Amazon confirmed a landmark plan to invest up to $50 billion in new AI and supercomputing infrastructure for US federal agencies. The initiative will deploy nearly 1.3 gigawatts of high-performance computing capacity across AWS Top Secret, AWS Secret, and AWS GovCloud regions, beginning construction in 2026.
According to the press release, the investment will expand US agencies’ access to AWS’s full AI stack, including SageMaker, Bedrock, Nova, Anthropic Claude, open-weights foundation models, and AWS Trainium chips.
Federal agencies will now be able to process decades of national security data in real time. Amazon stated the expansion will also support autonomous systems, satellite imagery, and scientific research under the Trump Administration’s AI Action Plan.
AWS CEO Matt Garman expressed expectations for the investment to transform how federal agencies leverage supercomputing to enable critical workloads without computational limitations.
Already serving more than 11,000 agencies, the announcement reinforces Amazon’s position as the leading cloud service provider to the US government.
Amazon’s supercomputing announcement arrived barely 24 hours after Elon Musk revealed a breakthrough in Tesla’s internal AI chip manufacturing efforts, setting AI adjacent markets up for a bullish opening on Nov. 24.
The tailwinds have also lifted crypto AI tokens, with Coingecko data showing sector capitalization rising 5.2% to $20.7 billion on Nov. 24.
Crypto AI tokens rally to $20.7 billion on Nov. 24 | Source: Coingecko
Cumulative intraday volume reached $3.3 billion, reflecting deeper liquidity as traders rotated into AI-adjacent assets. NEAR Protocol
NEAR
$1.94
24h volatility:
4.6%
Market cap:
$2.48 B
Vol. 24h:
$365.32 M
led gains with a 5.7% increase, supported by rising developer activity and strong L2 interoperability flows. Internet Computer
ICP
$4.21
24h volatility:
2.7%
Market cap:
$2.27 B
Vol. 24h:
$198.14 M
and Render [NC] followed, each posting 4% gains as investors priced in growing demand for decentralized computing.
However, traders remained selective. Bittensor
TAO
$294.8
24h volatility:
2.2%
Market cap:
$2.83 B
Vol. 24h:
$222.35 M
, the sector’s largest token by market cap, dropped 2.7% amid profit-taking and recent sell pressure from miners. Story Protocol
IP
$2.49
24h volatility:
1.8%
Market cap:
$822.89 M
Vol. 24h:
$63.78 M
and Artificial Superintelligence
FET
$0.28
24h volatility:
0.5%
Market cap:
$731.68 M
Vol. 24h:
$122.41 M
also remained flat, while seven of the other top 10 ranked AI tokens traded in profit.
As Amazon’s $50 billion investment boosts market sentiment, strategic traders are switching focus to early-stage AI-driven projects like Best Wallet.
Best Wallet Presale
Best wallet offers secure storage, staking rewards, and integrated multi-chain access, combining self-custody and passive income opportunities.
Best Wallet presale has now raised $17.4 million. Early participants have less than 24 hours to secure BEST tokens at $0.026 via the official Best Wallet website before the next price tier unlocks.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Ibrahim Ajibade is a seasoned research analyst with a background in supporting various Web3 startups and financial organizations. He earned his undergraduate degree in Economics and is currently studying for a Master’s in Blockchain and Distributed Ledger Technologies at the University of Malta.
The crypto market remained hot on Monday as Bitcoin hit historic highs of $123,000.
While altcoins enjoyed substantial breakouts, AAVE stole the show with a crucial milestone.
Aave has become the first decentralized lending protocol to surpass $50 billion in net deposits.
That confirms increased confidence in not only the AAVE ecosystem but the entire DeFi landscape.
Aave’s steady growth has grabbed attention as it demonstrates resilience, soaring mainstream relevance, and consistent growth in a sector often criticized for short-term hype and wild volatility.
The platform that debuted to experiment with on-chain lending has turned into a financial force helping the masses to access capital without depending on banks.
What is fueling the protocol’s rapid growth?
Aave has established itself as a secure, community-led, and transparent blockchain.
Innovative functionalities like collateral swapping, rate switching, and flash loans attracted users as they enjoyed heightened flexibility and control.
Key ecosystem integrations and institutional interest ignited interest in AAVE.
Recently, the protocol added Ripple’s stablecoin RLUSD to support borrowing and lending.
Meanwhile, the latest deposit milestone signals confidence in Aave’s ecosystem.
Diverse users, from DeFi power users to seasonal investors and even institutional participants, trust Aave’s platform to safeguard their funds as they enjoy smooth borrowing options and lucrative returns.
The eye-catching $50 billion figure reflects the massive user conviction.
Moreover, Aave has maintained a healthy user base despite volatile market conditions.
The platform has likely become the go-to option for decentralized finance enthusiasts.
The current outlook aligns with Aave’s objectives of prioritizing real-world asset integration.
Moreover, the $50 billion net deposit milestone indicates a flourishing DeFi niche, with users confident to lock substantial funds into these protocols.
Also, it testifies to the prevailing shifts from traditional finance (TradiFi) to blockchain-based options.
Besides the historical record, Aave has validated the DeFi space.
The blockchain is now at par with mid-sized financial enterprises in AUM (assets under management).
Notably, that’s without intermediaries, physical infrastructure, or bureaucracy.
Furthermore, the deposit landmark signals a future where decentralized codes, not banks, power global borrowing and lending.
The altcoin gained over 8% in the past 24 hours to trade at $328.
AAVE holders have seen their portfolios increase by nearly 15% the previous week.
Its daily trading volume has surged over 100%, suggesting renewed interest in Aave.
Short-term technical indicators support the upside trajectory.
For example, the Moving Average Convergence Divergence demonstrates a buyer resurgence with an upside crossover and green histograms.
Also, the Chaikin Money Flow has recovered from July 6 at -0.31 to 0.10 at press time.
That indicates money entering the AAVE ecosystem.
Nevertheless, the Relative Strength Index hints at overbought conditions as it reads 67 on the 4H timeframe.
Potential profit-taking could spark short-term corrections for AAVE.
Nevertheless, the altcoin boasts a healthy ecosystem as Aave democratizes the DeFi lending and borrowing marketplace.
That positions the native token for tremendous growth in the upcoming times.
Bitcoin price is falling again after it started making a positive turn at the beginning of July. The entrance into the second half of 2022 seemed to revive most cryptocurrencies. There was a sudden rise in value for several tokens, with the world’s largest crypto asset almost taking the lead.
Bitcoin hit the $25,000 level within the past few weeks, but such performance is not sustainable. On consecutive days this week, BTC lost hundreds of dollars in value as the price crawls back to around $23,000.
The broader market is struggling through the downward path as many altcoins are dipping. The cumulative market cap lost up to $50 billion through the price drop from digital assets.
During last week, BTC dipped to the $22,000 mark. Then, it suddenly regained the momentum to cross the $25,000 level. Finally, Bitcoin even traded above $25,200, which stood as its highest price for over two months.
While the price couldn’t make a further upward move, it stalled on the level for several trading hours. But it later dipped to $24,000 after losing $1,000. After that, the BTC price swiveled around within the level and later gained slightly to move to $24.400. It’s at this point that the bears take over.
BTC gradually dropped till it lost $1,000 again to hit its weekly low of $23,000. At the time of writing, Bitcoin has lost some value in its market cap, which is now $450 billion. Also, the token is trading slightly above the $23,000 mark.
Bitcoin is not the only cryptocurrency in deep. Some major altcoins have plunged as well. Though the weekend was a bit of an impressive price rallying for some of the altcoins, they are already in red as the week rolls by.
The second largest cryptocurrency, Ethereum, lost about $200 after reaching as high as $2,050. The previous multi-month high was due to positive sentiment surrounding its upcoming upgrade, the Merge. ETH is trading at around $1,850 after dipping by more than 2% in the last 24 hours.
Other coins such as Ripple, Binance Coin, Polkadot, Dogecoin, Polygon, and Cardano have their share of losses. However, data for the more prominent capped altcoins indicates that Solana, Avalanche, and Shiba Inu are on the top as losers. Within 24 hours, they lost about 6% or more in their prices.
The trend is not different for the mid-cap and lower-cap altcoins as they also had huge losses. The overall effect has pushed the crypto market cap to lose up to $50 billion. The data is currently standing at $1.1 trillion as the cumulative value.
Featured image from Pixabay, Chart from TradingView.com
The Bitgert BRC20 blockchain is still causing ripples across the crypto industry. The idea that blockchain users can now trade on a blockchain that costs them zero gas fee is exciting to many. That’s why Bitgert has been skyrocketing non-stop since the BRC20 blockchain was launched.
But the question of where Bitgert might reach in terms of price and market capitalization growth is now arising. This is in comparison to some of the biggest cryptocurrencies that have so far been proven inferior to Bitgert. Shiba Inu is one of them. Read more about why Bitgert might hit a $50B marketcap.
When compared with most of the cryptocurrencies doing very well in the crypto market, Bitgert has proven to be superior in terms of product delivery and the quality of these products. The Bitgert blockchain is one product that has shown how powerful this project is. The chain has eradicated the big problem of the costly gas fee as well as providing the fastest chain right now.
With that, Bitgert has the potential to hit $50B with the current development. This is the only gasless blockchain in the market, and at the same, it has also managed to offer the fastest chain. The quality of the projects, like the Startup Studio and the upcoming CEX, is superb and will increase Bitgert chain adoption. Bitgert is far more superior than Shiba Inu, and if Shiba Inu can reach $0.00001, then Bitgert has got nothing to prevent it from hitting a $50B marketcap.
The Centcex project will continue to attract the crypto community because of its exciting features. Centcex is on the list of the crypto projects that are designed to make investors rich and, at the same time, solve key blockchain problems. The Centcex team is developing an unlimited number of products that solve major problems in the industry, including security and user experience.
Therefore, this is a platform that will attract millions of blockchain users. With a huge collection of products and millions of users, Centcex will generate a lot of revenue. With staking rewards being 100% APY, Centcex will be one of the best rewarding platforms. It might outperform the Shiba Inu marketcap.
The Shiba Inu team has been achieving a lot in developing products for its ecosystem. Since the coin started transforming from a meme coin to a more utility token, the team has been working on a range of products. The ShibaSwap is up and working, and more products are coming. Important to note is the Shiberse, which is an upcoming metaverse product.
But Shiba Inu is still miles behind Bitgert in products delivery. In fact, it will take some time to reach Bitgert’s products delivery. This includes building its own blockchain, which has not yet been mentioned by the Shiba team. Therefore, the adoption of the Bitgert project might outperform Shiba Inu, especially with the launch of the upcoming CEX.
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