Former Goldman Sachs executive Raoul Pal is expressing a bullish outlook on large-cap Ethereum (ETH) competitors. In an interview with Wall Street veteran Anthony Scaramucci, Pal said Solana (SOL) could soar to “probably $1,000 or more” by the end of the current cycle, implying a potential gain of at least 604% from current levels. “I think the range is… worst case $800, mid case $1,200. The upper end of the blow-off top is $2,500.” As of this writing, Solana is trading at $142. On whether Solana could surpass Ethereum in market cap, Pal said: “I don’t think so. I think…
Author: Crypto Flexs
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Holonym Foundation Raises $5.5M in Seed Funding to Provide Global Digital Personality via Human Keys – Chainwire housenewsroomHolonym Foundation Raises $5.5M in Seed Funding to Provide Global Digital Identity Through Human Key We use cookies to make the Chainwire website a better experience. Cookies help us provide you with a more personalized experience, relevant advertising, and provide web analytics for us. Technical storage or access is strictly necessary for the legitimate purpose of enabling the subscriber or user to use specific services explicitly requested by the subscriber or user, or for the…
Lawrence Jengar 17 Aug 2024 10:35 Andreessen Horowitz (a16z) has released an update to its investment portfolio, highlighting past and present investments, acquisitions and public offerings. Andreessen Horowitz (a16z), a renowned venture capital firm, has released an update on its investment portfolio, revealing the performance and status of its various investments. According to a16zcrypto.com, the firm states that the investments and portfolio companies mentioned do not represent all investments managed by a16z, and there is no guarantee that the investments will be profitable or that future investments will produce similar results.Investment Performance and Portfolio…
that Ethereum Network Popular market expert and Head of Research at the Onchain Foundation, Leon Weidman, continues to demonstrate his incredible position in the crypto space through scalability improvements and confidently declares that this is unstoppable, emphasizing his conviction that the network has the potential to revolutionize the sector. Ethereum scaling dominates market volatility In bold nameLeon Weidman, Senior Researcher at Onchain Foundation, has solidified his position in the blockchain space by declaring that the Ethereum network expansion development is unstoppable. His comments come amidst uncertainty and volatility in the market as a whole. Leon Highlights EthereumDespite challenging economic conditions…
Dogwhipheart (WIF), the fourth largest crypto coin by market cap, is looking to erase the recovery it made following the crypto market crash on August 5. WIF has fallen by about 30% from its August 9 high of around $1.95, falling to $1.36 as of August 17.WIF/USDT daily price chart. Source: TradingViewWIF crashes along with other Mimecoins. The price decline of WIF is accompanied by similar declines in other top memecoins, including Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE). For example, DOGE, the largest memecoin by market cap, has fallen by around 10% over the past nine days.Top memecoin…
The analyst believes that altcoins could continue to underperform Bitcoin as the market breaks away from its previous pattern. Solana may be the reason why altcoin market caps haven’t formed a lower low. Altcoins have underperformed Bitcoin (BTC) this year, including most of the top 10 altcoins. Binance Coin (BNB) and Toncoin (TON)It has not recovered its previous high. In fact, according to Andrew Kang, partner at Mechanism Capital, the market has not followed the previous pattern. Traditionally, whenever Bitcoin makes a new all-time high, altcoins follow suit. However, when BTC hit an ATH of $73,000 on the charts earlier…
Market • August 17, 2024 12:05 PM EDT Posted 1 minute earlier ~ in Investment firm Franklin Templeton filed Form S-1 with the U.S. Securities and Exchange Commission on Friday, proposing a new exchange-traded fund (ETF) that would hold both bitcoin and ether and trade under the ticker EZPZ. The ETF, called the Franklin Crypto Index ETF, would initially hold an as-yet-unspecified allocation of Bitcoin and Ether, weighted by the market capitalization of each digital asset. The proposed fund would use Coinbase as its digital asset custodian. According to the S-1 filing, the fund could add additional digital assets to…
Is there any difference between testnet and mainnet PSBT? Or is it enough to cover all edge cases for test vectors created on mainnet in unit tests?
Tony Kim 17 Aug 2024 10:55 AssemblyAI has updated its Speaker Diarization model for better accuracy and multilingual support, along with a new tutorial for developers. AssemblyAI recently released a significant update to its Speaker Diarization model, increasing accuracy by 13% and expanding support for five languages. According to AssemblyAI, these improvements are designed to more accurately identify speakers in audio recordings, making transcription and analysis more useful, especially in customer service applications.Feature Spotlight: Speaker DiaryThe updated Speaker Diarization model, released in June 2024, aims to streamline the process of distinguishing different speakers in…
Bitcoin (BTC) has been in a sideways price action for months, but that hasn’t stopped institutional investors from buying. According to K33 Research’s Chief Analyst, Beth Lunde, more than 262 new companies invested in U.S. spot Bitcoin exchange-traded funds (ETFs) in Q2 2024.It’s encouraging to see that institutional investors have largely maintained or increased their positions. Matt Hougan, Bitwise’s chief investment officer, wrote in a post on X that 44% of asset managers increased their Bitcoin ETF positions, while 22% kept them the same. Only 13% liquidated their positions, while the remaining 21% reduced their positions. Hougan called this “a…