According to a prominent crypto analyst, deep-pocketed investors are suddenly buying up one of the top 10 altcoins. Cryptocurrency strategist Ali Martinez told her 66,200 followers on social media platform X that whales had been swiping up the native tokens of layer 1 blockchain TONcoin (TON) in the past week. “Whales bought over 45 million TON coins last week, worth about $346.5 million!” Source: Ali Martinez/X At the time of writing, Toncoin is trading at $7.77, up about 2% over the last 24 hours. The analyst then said that the Tom DeMark (TD) Sequential indicator, which traders use to gauge…
Author: Crypto Flexs
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Edgeless Systems has launched Continuum AI, a pioneering generative AI (GenAI) framework designed to maintain encrypted prompts at all times through confidential computing. According to the NVIDIA Technology Blog, this innovative solution combines confidential virtual machines (VMs) with NVIDIA H100 GPUs and secure sandboxing. Data Privacy and Security Guarantee The launch of Continuum AI represents a significant step forward in AI deployment, allowing enterprises to leverage powerful large-scale language models (LLMs) without compromising data privacy and security. Edgeless Systems is working with NVIDIA to help organizations across a wide range of industries securely integrate AI.…
Bitcoin price is recovering from its June downtrend, but on-chain data suggests it could face resistance at the $65,000 level.According to data from Cointelegraph Markets Pro and TradingView, Bitcoin (BTC) is trading at $62,288, down 0.5% in the last 24 hours and 8.6% in the last 30 days. This follows a prolonged downtrend in June that reversed all gains made in May. According to Coinglass data, when Bitcoin is negative in June, it tends to bounce back strongly in July. In fact, BTC had an average return of 7.98% in July, with a median return of 9.60%.Bitcoin monthly returns. Source:…
XMR has surged 4.39% over the last 7 days. XMR could rally to $190 as it recovers from delisting and regulatory hurdles. Over the past six months, Monero (XMR) has struggled with delistings from various exchange platforms. In February, Binance (BNB) announced plans to delist XMR from its exchange. Following this, Kraken announced on June 10 that it would delist Monero in Ireland and Belgium, following the UK. The move by Kraken and Binance to delist XMR, a privacy-focused coin, highlights the regulatory challenges cryptocurrencies face. Within Europe, privacy coins will disappear from the market as AMLR passes. With these…
Blast, an Ethereum Layer 2 network created by the founder of NFT marketplace Blur, has announced details of its second-phase rewards for users.The project announced in a blog post that the second phase of user rewards (similar to the first round) will be split into Blast Points and Blast Gold, with 10 billion tokens allocated. Blast has allocated 17 billion tokens to the first phase of rewards, which began last week. “The primary purpose of Phase 2 is to support the development of mobile dapps and incentivize users to use those dapps through the Blast app,” Blast said in the…
According to the LangChain blog, New Computer significantly improves the memory search system by integrating LangSmith, achieving 50% higher recall and 40% higher accuracy compared to previous baselines. About the new computer New Computer is the team behind Dot, the first personal AI designed to truly understand its users. Dot’s long-term memory system evolves by observing linguistic and behavioral cues, providing timely and personalized support to create a perception of true understanding. A brief overview of Dot’s Agentic Memory The innovative agent memory system developed by New Computer dynamically generates or precomputes documents for future…
American actress Sydney Sweeney’s X account was hacked and now-deleted posts appeared, containing a pump-and-dump scheme promoting a cryptocurrency token bearing her name.SWEENEY, a Solana-based token, surpassed $10 million in trading volume within two hours of its launch on July 2, supported by several promotional posts from Sweeney’s X account.“Well I guess it’s about time… $sweeney is now getting 100mc,” Sweeney wrote in one of his now-deleted X posts, which Cointelegraph could not independently verify.One of Sweeney’s X posts promoting the SWEENEY token. Source: IoaChimbiju/XThe price of SWEENEY fell by nearly 90% in the span of just over an hour…
Every now and then, headlines will appear about $100 million or more worth of Bitcoin (BTC) and cryptocurrency futures contracts being liquidated, with novice traders and non-expert analysts pointing the finger at excessive leverage by retail traders as the cause. Aggregated Crypto Futures 24-Hour Settlement, USD. Source: CoinglassGamblers are undoubtedly responsible for a significant portion of risky gambling, especially when liquidations are concentrated on retail-focused exchanges like Bybit and Binance. However, not all futures liquidations are due to reckless use of leverage. Not all futures liquidations are due to leverage.Some trading strategies used by professionals may be liquidated when there…
Cryptocurrency Trader Duncan He explained the reason for the “very long” Ethereum (ETH) crypto token. Recently dropped to around $3,400He emphasized. Spot Ethereum ETFHe believes this could lead to a significant upside for ETH. A ‘significant upside revaluation’ for Ethereum could be on the horizon. Duncan mentioned on X (previous Twitter) post He believes there is a market. It’s too weak There is currently a possibility of a “significant upward revaluation” for Ethereum. Spot Ethereum ETF inflows “It’s far from terrible,” he added, explaining why he thinks the Spot Ethereum ETF will be a huge success, contrary to what some…
Developers of mini-applications for messaging platform Telegram can now exchange Telegram Stars for: Toncoin ton +3.94% Native tokens of The Open Network or discounted Telegram advertising. The move comes nearly a month after Telegram first introduced Stars, a redeemable virtual point, in early June. Users buy a certain amount of Stars with fiat currency to use within their mini-apps, and now developers have a way to exchange them for cryptocurrency. “Bot developers offering digital goods and services, and creators monetizing their channels with paid posts, can now use the Telegram Stars they’ve earned to get rewarded with Toncoin or buy…