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…
Author: Crypto Flexs
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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…
I would like to add some security to my seed phrase storage for my existing wallet. I don’t want to make it absolutely secure, I just want to make it much harder for someone to access my funds if they find my seed phrase storage. I am considering these approaches: Convert seed phrase to entropy Entropy encryption with password Convert the encrypted entropy into a new (longer) seed phrase. Save your encrypted seed phrase Then, when necessary, we work backwards to retrieve the initial seed phrase. I’ve included JS code below to demonstrate it. It’s not needed for decryption since…
D8X will provide leverage to Polymarket bettors. The planned tools are expected to give the platform a much-needed boost. Despite these benefits, some in the community have expressed concerns that this new tool could be disastrous. 2024 was undoubtedly a breakthrough year for Polygon-based prediction market Polymarket. During the US election cycle, the platform’s popularity went beyond cryptocurrencies and into the mainstream. As interest in Polymarkets grows, Polygon zkEVM, OKX’s X Layer, and Arbitrum’s decentralized exchange D8X are looking to provide bettors with a way to leverage their positions and capitalize. Is this the missing feature in crypto’s killer app,…
The cryptocurrency market took another hit on July 25, with the total market cap dropping by over 3.5% to around $2.31 trillion. The plunge left many market participants questioning the key catalyst for this downturn and how much longer it will last. 24-hour performance of major cryptocurrencies. Source: Coin360Let’s take a look at the factors that have caused the cryptocurrency market to decline today.Cryptocurrency markets are in a downtrend due to risk aversion.Cryptocurrency markets are selling off, reflecting the weakness seen in U.S. stocks, which have lost a whopping $1.1 trillion in value in the past 24 hours. source: Kobe…