Policy • July 21, 2024 2:22 PM EDT Posted 1 minute earlier In ~ Updated: July 21, 2024 2:37 PM EDT US President Joe Biden will not run for reelection in the upcoming 2024 US presidential election.Biden said in a statement Sunday that he believed it was in the best interest of the party and the country to step down. In a follow-up post on X, Biden expressed his “full support and endorsement” of Vice President Kamala Harris replacing him as the Democratic nominee. Biden has faced increasing pressure to drop out of the race in recent weeks. Several sitting…
Author: Crypto Flexs
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XRP is showing a strong bullish bias on the daily chart, and swing traders may look to enter long positions. In the short term, some degree of consolidation is likely to occur over the next 12-24 hours. Ripple (XRP) has seen a sharp increase in transactions. This may be due to the increase in micropayment transactions that are widespread on the XRP Ledger. Transaction volumes have also been high. In South Korea, XRP’s 24-hour volume was higher than Bitcoin (BTC) on July 17. Moreover, the bulls defended the previous resistance level as support, setting the stage for another impulsive uptrend.…
Tony Kim 18 July 2024 19:39 Learn how to optimize the IVF-PQ algorithm for vector search performance using RAPIDS cuVS, with practical tips on tuning hyperparameters and improving recall. In the first part of the series, we provide an overview of the IVF-PQ algorithm, the basis for the IVF-Flat algorithm, and the use of Product Quantization (PQ) to compress the exponent and support larger data sets. In the second part, we shift our focus to the practical aspects of IVF-PQ performance tuning, which is especially important for achieving optimal results when dealing with billion-size…
PEXX Raises $4.5M in Seed Round for Revolutionary Stablecoin-Fiat Payments Platform – Chainwire housenewsroomPEXX has raised $4.5 million in a seed round for its innovative stablecoin-to-fiat payments platform. We use cookies to make the Chainwire website a better experience. Cookies help us provide you with a more personalized experience, relevant advertising, and provide web analytics for us. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications via electronic communications networks. Technical storage or access…
Bitcoin (BTC) broke above $67,000 on the weekly close on July 21, setting the stage for a 10% rally in a “very explosive move.”BTC/USD 1-day chart. Source: TradingViewBitcoin Price Continues ‘Amazing Retest’BTC price action surged to new July highs over the weekend, according to data from Cointelegraph Markets Pro and TradingView.The largest cryptocurrency continued its recovery in after-hours trading, up 10.4% on a weekly basis and 6.6% in July as of this writing, according to monitoring firm CoinGlass.BTC/USD monthly returns (screenshot). Source: CoinGlassNaturally, market participants were optimistic about the outcome. Popular trader Benjamin Cowen expects the 20-week simple moving average…
Welcome to Finance Redefined, a weekly newsletter that provides essential insights into decentralized finance. This newsletter is designed to bring you the most important events of the past week.This week brought more negative news for the DeFi space, with hackers stealing $230 million worth of digital assets from Indian crypto exchange WazirX in the second-largest crypto heist of the year. Players of the viral Telegram-based clicker game Hamster Combat are also being targeted by malicious actors who are manipulating fake cryptocurrency airdrops.One of the biggest wins for the industry was the shutdown of the infamous cryptocurrency phishing app Angel Drainer…
“Golf is deceptively simple and yet endlessly complex. It satisfies the soul and frustrates the intellect. It is simultaneously rewarding and infuriating. And it is without a doubt the greatest game ever invented by man.” – Arnold PalmerThis quote from one of the greatest figures in golf is reminiscent of the Bitcoin journey in many ways. At first glance, these two inventions may seem completely unrelated, but they share some interesting similarities. The principles of golf can provide valuable insights into Bitcoin, and understanding Bitcoin can help you unravel the intricacies of golf.In both pursuits, reaching a certain limit of…
Felix Pinkston 21 Jul 2024 08:55 IBM Research is pushing the boundaries of science, mathematics, and computation through its Exploratory Science Initiative. According to IBM Research, IBM Research is embarking on a journey to answer some of the most fundamental questions in science, mathematics, and computation. Understand the world IBM researchers are working to gain a deeper understanding of how the world works. This initiative, called Exploratory Science, aims to use this knowledge to advance a variety of scientific disciplines. The research spans multiple disciplines and seeks to discover new insights and applications that…
Jessie A Ellis 21 Jul 2024 09:24 Binance has completed the Galxe (GAL) token swap, revaluation, and rebranding to Gravity (G) and is now open for trading. Binance has successfully completed the token swap, revaluation, and rebranding of Galxe (GAL) to Gravity (G), as announced on the official Binance website. This transition represents an important update for users holding GAL tokens. Deposits and Withdrawals Deposits and withdrawals for the newly rebranded Gravity (G) token are now open. Binance has also launched spot trading for G/.USDT and G/TRY pairs as of 2024-07-19 08:00 (UTC). Users…
A widely known cryptocurrency analyst and trader says one of the Ethereum (ETH)-based altcoins could be preparing for a double-digit rally. An analyst known by the pseudonym Credible Crypto told his 403,900 followers on social media platform X that the native token of stablecoin lending platform CurveDAO, CRV, could surge by more than 24% from its current value to as high as $0.37. The analyst says several indicators suggest a CRV breakout is imminent, including the token holding a key level near $0.26 as support. “We are holding the same levels as we covered in our last tweet on CRV,…