As markets brace for major news events, analyst warns Bitcoin could see an “impulsive” rallyIn a July 26 post on X, popular trader Crypto Ed joined the growing number of voices warning about the recent Bitcoin (BTC) price surge above $67,000.Bitcoin bears can still sort out their “impulsive” moves.Bitcoin may have gained around 2% since its daily close on July 25, but not everyone believes the BTC price is bullish in the short term.For Crypto Ed, the bounce from the previous day’s local low of $63,430 was surprising, which is consistent with the price action from late last week.”It seems…
Author: Crypto Flexs
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Disclosure: This article does not constitute investment advice. The content and materials presented on this page are for educational purposes only. Toncoin (TON) and Avalanche (AVAX) investors are eyeing new opportunities like Rollblock (RBLK), which experts predict could deliver 200x returns by 2024. Investors in Toncoin (TON) and Avalanche (AVAX) have made impressive gains in the recent bull market, and many are now looking to spin their profits into new narratives and newly launched coins for the rest of the year. At the same time, Rollblock (RBLK) is attracting a huge number of buyers in its pre-sale as experts predict…
decision Ab +3.10% The DAO, the governance body that oversees the Arbitrum Layer 2 network, is currently voting on whether to expand the Orbit chain to networks other than Ethereum.The proposal from the Arbitrum Foundation is undergoing an initial “temperature check” vote in Snapshot and is scheduled to be finalized on August 1, 2024.The foundation proposed expanding the Arbitrum extension, which was previously limited to blockchains that derive their security from Ethereum (typically second-layer blockchains).The existing program allows entities to fork the Arbitrum codebase and launch EVM-compatible Orbit Chains, which are customizable blockchains built using Arbitrum’s software stack. Developers can…
Solana is likely to trade within a range over the next two weeks. The indicators were bullish, but one chart showed that the price could soon fall to $165. Solana (SOL) has seen significant volatility over the past five days. The altcoin bounced from $167 to $185, recording the most gains in a single day on Sunday, July 21. It has since reversed its gains on the charts. The increased volatility could be related to the approval and trading of the Ethereum (ETH) spot ETF that began on July 23. Pre-event speculation that SOL would be next led to positive…
Iris Coleman 26 Jul 2024 06:39 The Walking Dead: Empire introduces a new NFT hero, Maggie, who will be available for purchase starting July 26 at 7 a.m. PDT. In exciting news for both NFTs and The Walking Dead fans, Gala Games has announced that they are introducing Maggie as a new playable NFT hero in The Walking Dead: Empires. According to Gala News, this latest addition will allow players to integrate one of the series’ most iconic characters into their gameplay, and will be available starting July 26 at 7 a.m. PST. Maggie…
“If I had to sum up the Web3 games industry over the last six months, the expression ‘It’s not certain, but there’s no way to predict it exactly’ would be a good way to sum it up,” Kwon told the magazine. Mr Kwon said earlier this year that gaming tokens looked like they would be big winners. But now it seems like more attention is being paid to shitcoins. “Web3 games and game narratives were a hot topic early this year, but as the market evolved, the overall interest seemed to shift more towards memes in Q2,” she said, noting…
Key Points Grayscale’s Ethereum ETF saw net outflows of $346 million on its third day of trading. BlackRock’s iShares Ethereum Trust led the way with $71 million in inflows. Share this article Grayscale’s Ethereum ETF (ETHE) closed Thursday with net outflows of about $346 million, widening losses to $1.1 billion in the three trading days since the switch, according to data from Farside Investors. In three trading days, ETHE’s assets under management have plummeted from $9 billion to $7.4 billion, the largest drop since the launch of a U.S. spot Ethereum ETF.Source: Farside InvestorsMeanwhile, BlackRock’s iShares Ethereum Trust (ETHA) led…
Asia’s Largest Automaker Shows Interest in Ethereum Japanese automaker Toyota’s blockchain research division is exploring how Ethereum could contribute to its “mobility” campaign. The campaign focuses on the company’s futuristic concept of a connected transportation system where vehicles can drive fully autonomously and communicate with public infrastructure through data exchange. These autonomous vehicles are envisioned as public institutions that serve all users, including the disabled and elderly. Toyota envisions future vehicles as public institutions and infrastructure (Toyota Blockchain Lab) Toyota proposed implementing blockchain technology as part of its “mobility” concept in a research paper published on July 19. This is…
No one knows exactly why it is 92,000. Ethereum +2.38% The value of about $287.7 million was traded for the first time in seven years. Initial speculation linked the funds to the Ethereum Foundation, while others said the funds could be linked to early contributors to the organization. “This is not an EF wallet,” a source at the Ethereum Foundation told The Block.According to data from crypto data tracking platform Arkham, the wallet received 96,474 ETH (equivalent to $130,320) from the Ethereum Foundation on September 1, 2015 at 12:21:51 UTC. Seven years ago, the wallet sent the funds to an…
Terryl Dickey 26 Jul 2024 03:04 Anyscale and MongoDB join forces to reinvent multimodal search, delivering a scalable solution and improved search relevance for ecommerce platforms. Anyscale, a leading AI application platform, announced a collaboration with MongoDB to enhance multimodal search capabilities. The partnership aims to address the limitations of existing search systems and provide a more sophisticated search experience for enterprises that process large amounts of multimodal data.Problems with Legacy Search SystemsBusinesses often struggle with legacy search systems that can’t handle the complexity of multimodal data, including text, images, and structured data. Legacy…