Bitcoin price has been on an upward trajectory for the past seven weeks. Currently, Bitcoin is trading in various ranges on various cryptocurrency exchanges. One thing to note is that all prices are heading towards $70,000. With that in mind, here is a BTC price review on Polymarket: “What will $BTC price be in July?” Bitcoin closes in on $70,000 Polymarket Betting has become a popular form of wagering, especially with US politics in November. Among the political bets, cryptocurrency traders have been betting on what price BTC will reach in July. There is a $1,167,176 bet expiring on July…
Author: Crypto Flexs
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Avalanche prices are likely to rise further in the coming weeks. Higher time frame price charts and liquidity pockets have highlighted potential areas for a trend reversal. Avalanche (AVAX) is starting to reverse the losses it suffered in May and June. Just a week ago, the move above $30 was a signal of bullish intent, and more gains were likely to come. However, the higher time frame trend may not be favorable for long-term investors right now. Fibonacci levels provide clues as to where price may move next and what may follow. AVAX bulls should prepare for profit taking. Source:…
Indian cryptocurrency exchange WazirX is facing a backlash. announce Plan for a “socialized loss strategy” on Saturday, July 18th Security Breach This resulted in a loss of about $230 million, or about 45 percent of the assets.On Saturday post According to X, WazirX co-founder Nischal Shetty outlined two paths the exchange could take following the breach: “Legal proceedings: It takes years and the result is the distribution of the remaining assets. Legal fees pile up and the matter drags on for years. By then, no one gets anything. The result is similar to socializing the loss structure. “Socialize…
Tony Kim 26 Jul 2024 04:14 New enhancements to Meta AI will allow students to get help with their schoolwork through interactive learning via WhatsApp and Messenger. Meta AI has announced significant improvements to its AI-powered learning buddy, FoondaMate, by integrating advanced conversational features powered by Meta Llama. The upgrade aims to support students by providing more interactive and useful responses to schoolwork-related questions on popular messaging platforms WhatsApp and Messenger.Strengthening educational supportOriginally designed to support students on their educational journey, AI learning buddy FoondaMate now benefits from Meta Llama’s sophisticated conversational capabilities. According…
Neiro, a Solana-based developer of Mimecoin, has made $2.85 million by apparently spreading false information.The developer wallet made $2.85 million in profit after generating over 5,169x its initial investment of 3 Solana (SOL) tokens worth $550.According to Lookonchain’s July 28 X post, the developers initially invested in a Solana-based memecoin when deploying the token contract.“He sold $68M Neiro for $15,511 SOL ($2.85M) through multiple wallets, resulting in a realized profit of $15,508 SOL ($2.85M). He also sent $10M Neiro to a dead wallet, leaving $19.5M Neiro ($1.8M), resulting in an unrealized profit of $1.8M!”Neiro/SOL, Developer Wallet Sale. Source: Look on…
According to the National Police’s communications department and local reports, a 29-year-old Bitcoin user was kidnapped and murdered in Kiev, Ukraine, a few hours ago. Four men, aged between 24 and 29, are currently in custody on suspicion of “carefully” planning to kidnap the victim and steal three Bitcoins worth approximately $207,000.“Information about the kidnapping of a man was received by the capital’s police at about midnight. Residents of a house in the Solomyansk district heard screams and saw several unknown people beating the man and forcing him into a car,” the police agency said. wrote in the statement (Translated…
Louisa Crawford 26 Jul 2024 04:55 According to an official press release, Anthropic took a position on SB 1047, highlighting its potential impact on AI development and ethical considerations. Anthropic, a leading AI research company, has publicly expressed concerns about SB 1047, a bill that could have a significant impact on the development and deployment of AI technologies. According to Anthropic, the company believes that while the bill is well-intentioned, it could create regulatory issues that could hinder innovation and ethical AI practices. Potential implications for AI development SB 1047 aims to establish comprehensive…
Coinbase opts out of migrationCoinbase has announced that it will not support the upcoming migration of Artificial Superintelligence Alliance (ASI) tokens, despite a $7.5 billion token merger that includes AI protocols such as SingularityNet, Fetch.ai, and Ocean Protocol. The merger, which is scheduled to take place in July, will see Ocean (OCEAN) and Fetch.ai (FET) tokens converted to ASI tokens. Coinbase users will not experience these assets being automatically migrated through the platform.Self-customized wallet for token migrationCoinbase Assets emphasized in an official statement that while they do not support migration, users can trade FET and OCEAN tokens as usual until…
US Spot Ethereum Ethereum +3.23% Last week saw a contrasting start to the year for exchange-traded funds (ETFs), with net inflows into most ETFs being outpaced by net outflows from Grayscale’s convertible fund, ETHE.Last Tuesday, nine new spot Ethereum ETFs from eight different issuers launched, following approval from the U.S. Securities and Exchange Commission in May.In the first four days of trading, BlackRock’s ETHA led the way, generating $442 million in net inflows, followed by Bitwise’s ETHW with $265.9 million and Fidelity’s FETH with $219.4 million. VanEck’s ETHV, Franklin Templeton’s EZET, Invesco’s QETH, and 21Shares’ CETH also generated net inflows…
Timothy Morano 26 Jul 2024 05:17 The Ethereum.org Translatathon is back, giving participants a chance to translate content and win $30,000 in prizes. The ethereum.org Translatathon returns this August, offering contributors a unique opportunity to translate Ethereum.org from English into their native language. The initiative not only aims to make Ethereum more accessible, but also gives participants a chance to compete for a $30,000 prize pool, the Ethereum Foundation Blog says. How to participate The application process is now open, and anyone interested can apply by August 9th to begin the translation period. From…