HNT, the native token of the Helium ecosystem, has surged 21% over the past two days, outpacing the cryptocurrency market as Helium’s mobile subscriber base continues to grow.According to data from Cointelegraph Markets Pro and TradingView, the HNT price rose from a low of $7.5 on September 5 to reach an intraday high of $8.35, the first time this level has been reached since March 14, 2024. HNT/USD 4-hour chart. Source: TradingViewAccording to data from CoinMarketCap, the recent rally has put HNT at the top of the list of the top 100 cryptocurrencies by market cap.Top 10 gainers on September…
Author: Crypto Flexs
Read More
Jack Anderson September 5, 2024 17:49 The Hong Kong Monetary Authority (HKMA) has issued a warning about fraudulent social media pages impersonating the Bank of Singapore Limited, urging the public to be vigilant. The Hong Kong Monetary Authority (HKMA) has issued a public warning about fraudulent social media pages impersonating Bank of Singapore Limited. According to the HKMA, the warning was issued after the bank reported fraudulent activity to the HKMA. Fraudulent social media activity Fraudulent social media pages are designed to trick individuals into believing they are official channels of Bank of Singapore…
Floki partners with OG Esports to bring Valhalla to the competitive gaming arena Blockchain-based game Valhalla is set to expand its influence in the esports industry as it is selected as the OG Esports uniform sponsor. Floki has announced a partnership with OG Esports to promote their blockchain-based metaverse game Valhalla in the competitive gaming scene. The collaboration will feature Valhalla as a jersey sleeve sponsor for OG Esports and will be prominently displayed at all upcoming events. Valhalla, a massively multiplayer online role-playing game (MMORPG), combines open-world exploration with strategic turn-based combat, allowing players to earn rewards and unlock…
When speaking English, the word Animoca doesn’t roll off the tongue easily. Is it Japanese? A sweet treat? A trendy coffee? According to Robby Yung, CEO of London-based Web3 investment giant Animoca Brands, it is neither of the two, but rather a portmanteau that “bridges animation and mobile communications.” This means that Animoca is clearly focused on creating a Web3 environment that it wants to dominate, and on gaming. What that means and sounds like to outsiders, probably doesn’t make any difference to the company. Animoca Brands has come a long way since it was founded by Yat Siu and…
World Macroeconomics contrary wind rattle password marketS. Encryption price Recovery phase in the second half of the week. Macroeconomic factors continue to negatively impact the cryptocurrency outlook. This week, the cryptocurrency market faced renewed volatility as a wide range of economic factors weighed heavily on digital assets. The sell-off during the week brought the total market cap below $2 trillion, showing that the market is sensitive to external pressures. However, on Thursday, there was a modest recovery, with the total cryptocurrency market cap surpassing $2 trillion. This provided temporary relief, but it is unclear whether this momentum will continue or…
DeFi • September 5, 2024, 12:04 PM EDT Posted 1 minute earlier ~ in According to a press release published on Thursday, JOJO Exchange, a decentralized exchange (DEX) for perpetual futures trading that operates on the Base Network, has implemented Chainlink Data Streams as an oracle solution.Quoted Exchange Chain linkInfrastructure, sub-second price latency, and high data accuracy were cited as key reasons for the integration. The use of liquidity-weighted bid-ask spreads and the protocol’s emphasis on transparency and decentralization were also cited as deciding factors.“Chainlink Data Streams provide ultra-low latency bid and ask data to power the JOJO protocol, enabling…
Wang Long Chai 05 Sep 2024 16:40 Volvo’s new electric EX90 SUV, built on NVIDIA’s DRIVE Orin SoC, offers advanced safety and autonomous driving capabilities. Volvo Cars’ latest product, the all-electric EX90 SUV, is now rolling off the automaker’s assembly line in Charleston, South Carolina, and into dealerships across the U.S. The vehicle is built with cutting-edge NVIDIA technology to ensure advanced safety features and performance. Advanced Computing for Enhanced Safety The Volvo EX90 is equipped with the NVIDIA DRIVE Orin system-on-chip (SoC), which processes more than 250 trillion operations per second (TOPS). This…
A well-known cryptocurrency analyst and trader offers his opinion on the real-world asset (RWA) project that has surged more than 40x since December 2023. A trader known by the pseudonym Sherpa told his 222,500 followers on social media platform X that RWA blockchain MANTRA (OM) is a “powerful project.” “OM is still in the same trading range and has held up much better than most other altcoins. I am still in this cycle as a RWA bet and think we will see a bit more downside before the next upside.” Source: Altcoin Sherpa/X As of this writing, OM is trading…
Like Bitcoin, Ethereum has faced significant challenges in recent months, and has struggled to sustain a major price rally. After reaching a high above $4,000 in March, Ethereum has continued to decline and has not been able to break out of this bearish trend. The second-largest cryptocurrency by market cap has lost more than 5.9% of its value over the past two weeks and is currently hovering around $2,400. Ethereum, which is currently trading at $2,434, is down 2.4% over the past week and 0.4% over the past 24 hours. Will there ever be a rebound to $4,000? Despite this…
Bitcoin (BTC) hit $57,000 at the opening of Wall Street on September 5, as U.S. stocks rose following the release of macroeconomic data.BTC/USD 1-hour candlestick chart. Source: TradingViewU.S. jobs data boosts hopes for bumper rate hikeAccording to data from Cointelegraph Markets Pro and TradingView, the BTC price appeared to briefly reverse the downtrend that began after the previous day’s close.BTC/USD fell 2.3% on the day, with some relief coming from a rebound in U.S. stocks as macroeconomic data supported the possibility of an upcoming rate cut. Among the data released, there was a notable shortfall in private-sector payrolls, which rose…