Cryptocurrency traders are feeling the excitement surrounding XRP, which has surged 35% in price over the past week. Many are speculating whether the cryptocurrency could surge further.According to CoinMarketCap data, XRP (XRP) is currently trading at $0.60, up from $0.43 on July 10, amid a broader cryptocurrency market rally. “XRP has exploded with bullish talk this week,” cryptocurrency analytics firm Santiment wrote in a July 16 post to XRP, following several cryptocurrency commentators sharing bullish predictions for XRP on social media platforms.“We may be witnessing one of the most significant breakouts in crypto history,” anonymous cryptocurrency trader Crypto Michael wrote…
Author: Crypto Flexs
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Lawrence Jengar July 17, 2024 10:36 The Hong Kong Monetary Authority and the FSTB have announced the conclusion of their consultation on legislative proposals on stablecoin regulation. According to the Hong Kong Monetary Authority, the Financial Services and Financial Services Board (FSTB) and the Hong Kong Monetary Authority (HKMA) have jointly announced the conclusion of a consultation on a legislative proposal to implement a regulatory regime for issuers of fiat-backed stablecoins (FRS) in Hong Kong. Public consultation and feedback During a two-month public consultation period that concluded in February 2024, the Authority received 108…
Bitcoin hit $66,000 on July 17, as sustained bids pushed the bull market to a new four-week high.BTC/USD 1-day chart. Source: TradingViewBTC price rises 15% in a weekAccording to data from Cointelegraph Markets Pro and TradingView, the Bitcoin (BTC) price has reached $66,129 since Bitstamp’s latest daily close.Shaking off selling pressure caused by the movement of coins linked to the closed exchange Mt. Gox, BTC/USD bounced back, posting gains of up to 15% when measured from the start of the uptrend on July 12.Popular trader Daan Crypto Trades summed it up in his latest post on X (formerly Twitter) with…
Ethereum price remains stable above the $3,400 resistance level. ETH has tested $3,500 again and appears to be struggling to move higher. Ethereum is trending upwards and struggling near the $3,500 level. The price is trading above $3,400 and the 100 hourly simple moving average. On the ETH/USD hourly chart based on data provided by Kraken, there is a support line forming at $3,350, with a major bullish trend line forming. The pair could continue its uptrend if it breaks the resistance levels of $3,500 and $3,550. Ethereum Price Faces Major Challenges, Can It Continue to Rise? Ethereum price remained…
ChainGPT has been integrated with Coinbase’s Base blockchain. We hope to increase transaction speed and reduce user costs. Follows previous integration with Solana. Blockchain interoperability is becoming one of the main focuses of how the technology can advance. Protocols that can span multiple chains can reach more users and provide a better experience to their user base. Most recently, ChainGPT, an AI-focused Web3 protocol, announced its latest integration, Ethereum Layer 2 Base. ChainGPT will leverage Base’s high-speed, low-cost transactions for decentralized applications (dApps). This integration is the latest example of efforts to support popular chains, including Solana.ChainGPT integrates with Base…
Chinese exiled billionaire Guo Wengui, also known as Miles Guo, was convicted by a U.S. jury on Tuesday of multiple charges, including racketeering conspiracy and wire fraud.“A unanimous jury just found Miles Guo guilty of racketeering conspiracy and multiple counts of securities fraud, wire fraud, and money laundering. He could face decades in prison,” said U.S. Attorney Damian Williams. name.Guo was arrested in March 2023 on charges of orchestrating a fraud scheme involving more than $1 billion in cryptocurrencies. On Tuesday, he was found guilty on nine of 12 counts, primarily for soliciting investments from various entities through false statements…
Jack Anderson 17 Jul 2024 03:05 NVIDIA introduces AI agents that use cuOpt and NIM to solve supply chain optimization challenges and improve decision-making and efficiency. Companies face significant challenges in making supply chain decisions that maximize profits while quickly adapting to dynamic changes. Optimal supply chain operations rely on advanced analytics and real-time data processing to adapt to rapidly changing situations and make informed decisions. Linear Programming with NVIDIA cuOpt NVIDIA cuOpt and NVIDIA NIM inference microservices enable enterprises to leverage the power of AI agents to improve optimization, and supply chain efficiency…
When it comes to online CFD trading, it is important to choose the right step for both beginners and experienced professionals. Among the various options available, Jk-analytics has emerged as a popular decision. But is it suitable for CFD trading? In this full survey, we will delve deep into Jk-analytics, examining its factors, advantages, and possible disadvantages. We will also answer some of the questions that are regularly asked to help you pursue an educated choice.What is jk-analytics?Jk-Analysis A web-based exchange offering a wide range of financial products including CFDs (Contracts for Difference), Forex, Commodities, Records and Computerized Currency Standards.…
Bitcoin price rises to $65,200 after market ignores recent BTC transfers from Mt. Gox According to data from Cointelegraph Markets Pro and TradingView, Bitcoin rose from a low of $62,410 on July 15 to an intraday high of $65,240. BTC/USD daily chart. Source: TradingViewThe last time Bitcoin was above $65,000 was on June 18, when the price fell from $66,574 to $53,499 on July 5, following a BTC sell-off by the German government.As Bitcoin broke above $65,000, liquidations were high as short-term traders were caught off guard. According to Coinglass data, over $240 million was liquidated in the last 24…
Majuro, Marshall Islands, July 16, 2024, Chainwire Multi-PoolLeading Innovator in Blockchain and Cryptocurrency Industry Announces Strategic Partnership Tokinbest Aiming to revolutionize tokenized real-world asset trading. This partnership aims to take real-world asset (RWA) trading to the next level with an end-to-end dual-market solution for RWA token offerings, secondary market trading, and liquidity provision. The partnership between Multipool and Tokinvest represents a significant step forward in the tokenized RWA ecosystem. Our collaboration will leverage RWA tokenization and trading to enhance financial inclusion, transparency, and liquidity for investors. Work with the best people Multipool and Tokinvest work together to centralize liquidity pools…