Caroline Bishop 15 Aug 2024 02:44 IBM Research is a leader in computer science, focusing on groundbreaking advances in automation, information processing, and computation. IBM Research is a key player in computer science, driving significant advances in automation, information processing, and computation. According to IBM Research, their ongoing efforts are aimed at improving human performance and contributing to social progress. Focus on automation and information processing IBM’s research initiatives are focused on achieving breakthroughs that can streamline automation processes and improve information processing capabilities. These advances are expected to transform the way industries operate,…
Author: Crypto Flexs
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One popular cryptocurrency believes that Solana (SOL) has the potential to rise by over 850% before the current cycle ends. Anonymous analyst Kaleo told his 643,700 followers on social media platform X that Solana appears to mirror Ethereum price action in late 2020, just before ETH surged to its all-time high (ATH) of $4,878. “If Solana can manage similar growth from its previous ATH during this bull run as ETH did in the last cycle, $1,000 SOL is a reasonable target.” Source: Kaleo/X However, Kaleo points out that Solana could go even higher if it truly follows ETH’s 2020 script.…
On August 15, Bitcoin fell further as selling pressure mounted due to new BTC transfers from the US government.BTC/USD 1-hour chart. Source: TradingViewBitcoin sellers fuel sell talkAccording to data from Cointelegraph Markets Pro and TradingView, the lowest price for Bitcoin (BTC) in recent days was $57,816.The largest cryptocurrency reacted negatively after the U.S. government confiscated 10,000 BTC ($581 million) from exchange Coinbase this year, the largest amount so far, according to data from cryptocurrency intelligence firm Arcam.The event nullified any sense of relief over the US macroeconomic developments, with lower consumer price index (CPI) figures failing to boost BTC price…
The U.S. spot Bitcoin exchange-traded fund (ETF) shed $81.36 million on Wednesday, ending a two-day run of positive activity.BlackRock’s IBIT, the largest spot Bitcoin ETF by net assets, saw net inflows of $2.68 million. data At SosoValue, Franklin’s EZBC recorded its first net inflow since July 22, with $3.42 million in inflows. It was the only two funds to report inflows on Wednesday.Grayscale’s GBTC reported the largest outflow among the funds, with a net outflow of $56.87 million, followed by Fidelity’s FBTC with $18.05 million, Ark and 21Shares’ ARKB with $6.77 million, and Bitwise’s BITB with $5.78 million.The other six…
The price of Maker (MKR), the governance token of the MakerDAO protocol, has increased by 7.47% in the last 24 hours. This increase comes after Grayscale announced the launch of the MakerDAO Investment Trust on Tuesday. Since this disclosure, Maker has also experienced other positive changes, which we will discuss in this analysis. New Investment Vehicle Brings a Buzz to MakerDAO On August 13, major cryptocurrency asset manager Grayscale announced the launch of MakerDAO Trust. This is the second consecutive launch in a matter of days, following its investment in two other altcoins last week. According to the company, the…
Rebecca Moen 15 Aug 2024 03:20 Offchain Labs introduces Tandem, a partner studio that aims to solve blockchain’s toughest challenges through collaboration and investment. Offchain Labs has announced the launch of Tandem, a new partner studio designed to support selected partners in overcoming some of the most critical challenges in the blockchain space. According to Offchain Labs, Tandem aims to provide both financial investment and in-depth collaborative support.Mission and VisionKnown for its work on Arbitrum, Offchain Labs has always focused on solving the most complex technical problems in blockchain. Through Tandem, the company plans…
Senate Majority Leader Chuck Schumer has said he plans to pass legislation regulating cryptocurrencies by the end of the year. “Congress has a responsibility to provide common sense and sound regulation,” the New York Democrat said at a Crypto4Harris town hall Wednesday night. “My goal is to get it through the Senate by the end of the year and become law, and I believe we can do that,” Schumer said. “I think we need to strike a balance between encouraging innovation and providing common-sense protections for cryptocurrencies.” Lawmakers in Washington are drafting several bills to regulate cryptocurrencies, but they have…
USDT minting has reached a total of $16 billion since Bitcoin peaked at $74,000. Whale activity increases as Bitcoin and USD liquidity become correlated. Tether Treasury minted 1 billion USDT on Ethereum and sent 183.2 million USDT to Cumberland for exchange deposits in the last 13 hours, according to what SpotOnChain observed on X. After the August 5 cryptocurrency market crash, Cumberland received 953 million USDT from Tether and invested 906.7 million USDT in various exchanges, including Coinbase, Kraken, OKX, Binance, and Bullish.com. Source: SpotOnChain Additionally, Tether ($USDt) was integrated into the TON blockchain, driving USDT’s market cap to an…
Web3 Foundry Burnt announces the launch of the XION Foundation, a non-profit organization that will oversee the development and expansion of XION, a proof-of-stake blockchain. The venture-backed platform also unveiled $XION, the native token for its Layer 1 blockchain. Burnt shared the news of this milestone in a blog post published on August 14. XION Launches Native Token The XION Foundation will focus on democratizing access to Web3 across financial services, the digital economy, and ownership. $XION will help achieve these goals and provide utility within the L1 blockchain ecosystem. In addition to network security, the token is responsible for…
Jorg Hiller Aug 15, 2024 04:29 Bitfinex has released version 7.0.0 of its mobile app, which includes a new widget, additional language support, and major fixes. According to blog.bitfinex.com, Bitfinex has announced the release of version 7.0.0 of its mobile app, which brings a number of new features, improvements, and important fixes. New features One of the most notable updates in this release is the addition of a price tracking widget for both Android and iOS users. This feature aims to improve the user experience by providing real-time price tracking right from the home…