In contrast to last week’s performance, altcoins saw a notable uptick in the second week of July. While there were some surprising entries, some lived up to broader expectations. According to BeInCrypto’s observations, Notcoin (NOT), Celestia (TIA), and MANTRA (OM) are the top three gainers. This analysis explains how this happened and points out several others in the same tier. Notcoin (NOT) has broken out of the descending triangle. Notcoin (NOT), a Telegram-based project, has seen its biggest gains this week, rising 42.25% over the past seven days. Currently NOT is trading at $0.014. Between June 4 and July 5,…
Author: Crypto Flexs
Read More
Dune Catalyst, a prominent blockchain analytics company, has announced a strategic partnership with Conduit, a company specializing in blockchain infrastructure, to integrate BOB L2. According to dune.com, the move is aimed at expanding Dune’s product offerings and enabling faster adoption of more blockchain networks. The importance of partnerships The collaboration between Dune and Conduit is expected to bring significant advancements in blockchain analytics. BOB L2, a layer 2 scaling solution, will be integrated into Dune’s platform, enhancing its ability to support a wider range of blockchain networks. This integration will allow Dune to process data…
The native token of the Solana network, SOL (SOL), has not surpassed $145 since July 3. This underperformance can be partly explained by the declining investor interest in cryptocurrencies, which has caused the sector’s total market cap to drop by 5% over the nine-day period. Despite this, SOL underperformed its competitors between July 3 and July 12, falling by 7.8%, while BNB (BNB) and Ether (ETH) fell by 6.5% over the same period.Traders are now concerned that SOL’s bearish momentum will continue, even as the broader crypto markets recover some of their losses. However, Solana’s on-chain metrics and SOL’s derivatives…
ADA has surged 21.35% over the last 7 days and 2.5% over the last 24 hours. New developments such as whale activity and the Chang hard fork have changed market sentiment. After a sustained downtrend, Cardano (ADA) has surged once again. At the time of writing, ADA has surged 21.35% over the past 7 days, with trading volume up 26.85% over the past 24 hours to $324 million. According to CoinMarketCap, Cardano’s market cap has increased by 2.36% in 24 hours, reaching $14.3 billion. The question on every trader’s mind is why the sudden reversal occurred. What’s Driving the Surge…
Company • July 12, 2024 2:17 PM EDT Posted 1 minute earlier In ~ It’s Friday! In today’s Daily, the SEC has launched another investigation, this time into Hiro’s Stacks blockchain. Plus, some companies are getting away with the agency’s controversial cryptocurrency accounting disclosures, and ZAP has reached a $100 million valuation. Let’s begin. SEC Drops Investigation into Hiro’s Stack Another SEC cryptocurrency investigation has been dropped, this time into Hiro’s stack, a Bitcoin scaling layer for smart contracts, according to a regulatory filing published Friday. In a Form 1-U filing that companies use to report material changes, Hiro…
According to OpenAI, OpenAI and Los Alamos National Laboratory have announced a collaborative research partnership aimed at developing safety assessments to evaluate and measure biological capabilities and risks associated with frontier models. Partnership Goals The primary purpose of this partnership is to strengthen safety protocols for advanced AI systems, especially those that interact with biological data. The collaboration aims to create a robust methodology for assessing the potential risks and benefits of these systems, ensuring they operate within safe and ethical boundaries. Focus on the frontier model Frontier models at the cutting edge of AI…
XRP (XRP), which hit a four-year low, appears to be on the verge of a comeback against its Bitcoin (BTC) trading pair. Fueling this bullish reversal is the appearance of a classic bullish pattern, a triple bottom formation.XRP Aims for 30% Rebound Against BitcoinA triple bottom pattern is formed when price makes three distinct lows, all reaching similar price levels, indicating strong support. A triple bottom trend reversal is illustrated.After the third low is recorded, the price breaks through the neckline resistance level formed between the two lows and, according to the principles of technical analysis, rises to the maximum…
Many people do not realize that DePIN applications will emerge just as quickly. There will be more opportunities to monetize resources, whether CPU, GPU, or GPS records. There is no reason why these developments should be in conflict with each other. In fact, they should be developing simultaneously. DePIN can help AI development become energy efficient and climate friendly. In the AI era, GPU is the new oil, and we should treat it as such.
XRP (XRP), which hit a four-year low, appears to be on the verge of a comeback against its Bitcoin (BTC) trading pair. Fueling this bullish reversal is the appearance of a classic bullish pattern, a triple bottom formation.XRP Aims for 30% Rebound Against BitcoinA triple bottom pattern is formed when price makes three distinct lows, all reaching similar price levels, indicating strong support. Triple Bottom Trend Reversal ExplainedAfter the third low is recorded, the price breaks through the neckline resistance level formed between the two lows and, according to the principles of technical analysis, rises to the maximum distance between…
Cardano price started to rise steadily above the $0.3850 resistance level. ADA is now trying to gain bullish momentum by closing above $0.40. ADA price is on an upward trend again, trading above $0.3880. The price is trading above $0.390 and the 100 hourly simple moving average. There is a major bullish trend line forming with support at $0.3935 on the hourly chart of the ADA/USD currency pair (data source: Kraken). This pair could gain bullish momentum if it closes above the $0.40 area. Cardano price expected to rise steadily Over the past few sessions, Cardano has started a significant…