HodlX Guest Post Submit Your Post The exponential surge in demand for AI-powered applications in recent years has necessitated a new approach to data center design, configuration and management. Wall Street Journal estimates around 20% of the global data center capacity is currently used for AI purposes. However, with over 77% of companies already using […]
Cardano (ADA) has seen a remarkable performance over the week, surging over 10% and reentering the top ten cryptocurrencies by market capitalization list. Its recent price action has fueled a bullish sentiment among investors and market watchers, who believe the token might be near a rally toward $1. Cardano Breaks Out To Reclaim Top 10 […]
The US Fed’s decision to cut interest rates was just “catching up to market expectations,” as an analyst argues a lot of the added “juice” was already priced in the riskier assets.
TL;DR Fiamma has successfully integrated Babylon’s devnet, Euphrates, which represents a significant advancement in leveraging the full potential of the 21 million available Bitcoins. Through the implementation of the BitVM2 protocol, they will enhance the security of the Bitcoin network and allow for optimistic verification of zero-knowledge proofs (ZKPs). The goal is to create a […]
Caroline Ellison was sentenced to two years in federal prison on Tuesday for her involvement in the FTX fraud scandal. The 30-year-old was also ordered to forfeit $11 billion, which she earned through her association with the now-collapsed cryptocurrency exchange. Ellison’s Cooperation Judge Lewis A. Kaplan, who presided over the case, acknowledged the former Alameda […]
In a recent interview, Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, emphasized the significant role of hedge funds in gold’s ongoing price surge. McGlone shared his insights on the impact of macroeconomic factors, including China’s economic slowdown and the Federal Reserve’s monetary policies, on the commodities market. Gold Eyes $3,000 Mark Amid Hedge Fund […]
Popular meme coin Shiba Inu (SHIB) may be set for massive 283% surge this October, but will price history repeat itself?
Cryptocurrency, or crypto, has been making headlines for years. Now, it has even entered the 2024 presidential election. Surprisingly, "almost …
A popular crypto analyst thinks historical trends indicate Bitcoin (BTC) could be on the verge of a breakout. The pseudonymous trader known as Rekt Capital tells his 501,400 followers on the social media platform X that BTC has historically broken out from its re-accumulation range 154-161 days after its halvings. “It is 157 days after […]
The People’s Bank of China introduced policies, including interest rate cuts, more cash for banks, and housing incentives, to combat deflation and stimulate the economy. Bitcoin and other cryptocurrencies showed little response, with analysts noting that BTC is currently more influenced by US Federal Reserve policies. In related news, China’s (OTC) crypto market saw inflows […]
BlockDAG’s Sports Play Nets $76M, Tron and Kaspa Set for Explosive Growth! The cryptocurrency arena is alive with thrilling developments. BlockDAG is capturing the spotlight with its remarkable presale and strategic alliances with Europe’s premier soccer clubs. Simultaneously, Tron and Kaspa are poised for significant growth, showcasing their resilience and potential in the face of […]
Ethereum (ETH) price has outshined Bitcoin (BTC) over the last week since the US Federal Reserve (Fed) slashed interest rate by 50 basis points (bps) on September 18, 2024. Ethereum Gains On Bitcoin, Prelude To Altseason? Ethereum has had an impressive last few days as far as its price action is concerned. ETH has surged […]
BTC price “chop” is still the name of the game, with Bitcoin bulls yet to mount a charge at a $65,000 sell wall.
Bitcoin’s correlation with one of the oldest and arguably the safest investment instruments, gold, has risen to a five-month peak, according to data from IntoTheBlock. At the same time, Ethereum’s numbers point to precisely the opposite, even though ETH is supposed to be ultra-sound money following some of its updates in the past few years. […]
Curve Finance is evaluating a proposal to reduce its reliance on the stablecoin TUSD following the resolution of U.S. Securities and Exchange Commission (SEC) charges against Trusttoken Inc. and Truecoin LLC, the companies behind the dollar-pegged token. TUSD Faces Removal From Curve Finance Pegkeeper The proposal, authored by Wormhole Oracle, suggests slashing the debt ceiling […]
Bitcoin stash now worth $5,189,542, marking 11,507% increase
Brink, a non-profit focused on funding open source Bitcoin development published its annual report detailing over $1 million in donations to Bitcoin developers in 2023. It was founded in 2020 by renowned Bitcoin developers John Newbery and Mike Schmidt, aims to provide financial support and mentorship to promising developers working on open-source Bitcoin development. In the report […]
The founders of analytics firm Glassnode believe that the time is getting close for when altcoins will start to outperform Bitcoin (BTC). Jan Happel and Yann Allemann, who go by the handle Negentropic, tell their 63,200 followers on the social media platform X that altseason may arrive once Bitcoin breaks out of its all-time high […]
The Financial Services Commission (FSC) of South Korea announced today (Wednesday) that it has approved the creation of a nonprofit organization aimed at protecting virtual assets for consumers in the event that a cryptocurrency exchange goes out of business. FSC Establishes Asset Protection Foundation The organization, provisionally named the Digital Asset Protection Foundation, will be […]
TapSwap Daily Code is a widely popular tap-to-earn game accessible via Telegram, boasting millions of players. Users earn points by tapping a gold …
Chainlink whales are once again on the move in what seems to be a general reawakening. Large transactions on the blockchain network have ballooned recently, alongside a drastic increase in active addresses, hinting at a notable development. Therefore, in this report, we take a look at the significant increase in whale transactions and active addresses, […]
Hamster Kombat announced that it plans to buy back tokens and distribute them to players regularly.
At a finance summit, 70% of advisors showed interest in crypto, a significant increase from previous years. Despite their own crypto investments, few advisors report similar allocations for their clients. Bitwise’s Matt Hougan predicts client crypto investments will rise soon, following advisor trends with a 6-12 month lag. A shift towards crypto in traditional finance […]
Six hours ago, a Galaxy Digital-associated address withdrew 9.03 million ENA tokens from FalconX, valued at approximately $2.56 million USD. 六小时前 Galaxy Digital 关联地址从 #FalconX 提出 903 万枚 $ENA ,价值 256 万美金 随着大盘反弹,ENA 币价近七日涨幅达 32.51%,现价 $0.2762 看能不能稳住到第二期空投发放的时候 钱包地址 https://t.co/zdToxqXkJA pic.twitter.com/VJ27bPTJ0T — Ai 姨 (@ai_9684xtpa) September 24, 2024 This move comes as the market rebounds, with […]
TL;DR Shiba Inu (SHIB) surged 4% in an hour, reaching $0.00001542, and its market cap exceeded $9 billion. The rally could be potentially linked to reduced exchange supply and Shibarium’s milestone of processing 7 million blocks. Shiba Inu (SHIB) has gained momentum lately as its price continues to reach new local tops. It has spiked […]
The U.S. Securities and Exchange Commission (SEC) announced settled charges against crypto companies Trusttoken Inc. and Truecoin LLC. The charges allege fraudulent misrepresentations and unregistered sales of investment contracts related to the stablecoin trueusd (TUSD). U.S. Securities Regulator Charges Crypto Companies Trusttoken and Truecoin According to the SEC’s complaint released on Tuesday, Truecoin and Trusttoken […]
Prominent analyst Gert van Lagen predicts Bitcoin could skyrocket to $300,000, driven by powerful bull patterns and big price breakouts
A few days ago, a new initiative promoted by Prime Minister Netanyahu was announced – removing 200 shekel bills from circulation, as a first step to abolish cash altogether within a few years. The official excuse? fighting financial crimes and black money in the Arab society. As expected, this move – identical to India’s move […]
Layer-1 modular blockchain Celestia (TIA) is soaring after the project’s foundation raised $100,000,000 to support the ecosystem. According to the Celestia Foundation, the nonprofit group set up to support the TIA network, the $100 million fundraising was led by Bain Capital Crypto. Other groups contributing to the funding included Syncracy Capital, 1kx, Robot Ventures and […]
One of the top officials at the U.S. Securities and Exchange Commission (SEC) thinks the regulator needs to change course in terms of the way it approaches crypto. SEC Commissioner Mark Uyeda tells Fox Business that hasn’t laid out adequate rules to spur innovation in the sector. “We have not provided the rules of the […]
TL;DR INX and Backed expand their tokenized stock offering on the Polygon blockchain for non-US investors. Tokenized assets include companies like Tesla, Microsoft, and GameStop, backed 1:1 by real stock. New options, such as an S&P 500 ETF and Apple stock, will be added in the coming weeks. INX, a security token and real-world asset […]
TL;DR Ripple has issued two batches of its RLUSD stablecoin as part of its pre-launch testing. In total, 970 RLUSD were issued and 100 tokens were burned. Ripple aims to position itself in the stablecoin market, which could reach $2.8 trillion by 2028. San Francisco-based blockchain company Ripple continues to advance the development of its […]