The 150 largest SHIB custodians added a cumulative 6.54T SHIB during the month. The plummeting exchange reserves show a new trend among SHIB holders. The launch of the Ether Spot ETF is expected to help SHIB’s recovery process. Shiba Inu (SHIB) stood out from the rest of the altcoins this past weekend. As the new week began, SHIB provided relief to investors with a mini-rebound rally of 5% over the past 24 hours.SHIB Exchange Reserves Reduced by 5.53 TrillionSHIB has yet to recover the $0.00002 support level due to its strong price correlation with Bitcoin (BTC). The major digital asset…
Author: Crypto Flexs
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According to Paige, the first company to provide FDA-approved tools for cancer diagnosis, generative AI is poised to revolutionize the healthcare industry, particularly in cancer diagnostics. In a recent episode of NVIDIA’s AI Podcast, host Noah Kravitz spoke with Paige co-founder and chief scientific officer Thomas Fuchs. Fuchs, who is also the dean of Artificial Intelligence and Human Health at the Icahn School of Medicine at Mount Sinai, shared insights into how AI could dramatically improve patient outcomes. Paige’s AI-based approach Paige uses AI to improve the accuracy and speed of cancer diagnosis. Paige’s tool…
Bitcoin closed above $57,000 for the week of July 7 as markets recovered from a “massive bearish divergence.”BTC/USD 1-hour chart. Source: TradingViewTraders See ‘Positive Signals’ in BTC Price Daily CloseBitcoin (BTC) price action is solidifying a range that is about 8% above its weekly low of $53,500, according to data from Cointelegraph Markets Pro and TradingView.This price was recorded after the market closed on July 5th and represents the lowest level for BTC/USD since late February.However, despite the “after-hours” weekend trading, Bitcoin bulls managed to recover some of the lost ground, leaving the lows as an exception as of this…
ONDO showed a 14% gain but faced an upside barrier near the $1 level. Despite the recovery, overall market sentiment towards ONDO remained weak. As with the overall market, ONDO (On Temperature Finance) followed Bitcoin (BTC) It has rebounded and recorded a recovery gain of more than 14% since July 8. Ondo Finance, a leading issuer of tokenized securities, posted a 4% gain on July 10. This is the Pyth network complete. This partnership will allow Ondo’s USDY/USD price feed to be available on over 60 blockchains. So, with gains of over 10% since Monday, can the ONDO bulls take…
The rise of generative AI has ushered in a new era of technological innovation, challenging our understanding of creativity and its unique relationship to human characteristics. A.I (AI) systems are constantly evolving, and the capabilities and limitations of AI in the field of creative expression are becoming increasingly important. In particular, interest is growing in artificial general intelligence (AGI), which is expected to be commercialized soon. The essence of creativity Creativity is a fascinating aspect of intelligence, allowing us to generate new ideas, solve complex problems, and express ourselves through art, literature, and innovation. Creativity…
A weekly roundup of news from the East Asia region, highlighting the most important trends in the industry. SGX CEO Says Singapore ‘Not Ready’ for Bitcoin ETF While several countries have approved the listing of cryptocurrency-based exchange-traded funds (ETFs), Singapore, a major financial hub in Asia, appears to be unprepared. SGX CEO Chye speaks at Reuters’ NEXT conference. (Reuters) Singapore Exchange (SGX) CEO Loh Boon Chye said at a conference hosted by Reuters on July 9 that SGX does not currently allow cryptocurrency listings. “I don’t think the Singapore ecosystem is ready for such a product right now,” Law said.…
Canadian computer programmer and co-founder of Ethereum Vitalik Buterin With the recent large-scale ETH transactions being executed, there has been increased interest in the destination of those funds. Buterin Donates 100 ETH to Ethereum-Centric Organizations July 6, Buterin Sent Approximately 99.9 ETH tokens, worth approximately $300,000, were transferred to a Gnosis Safe Proxy wallet address beginning with 0x82. The transaction, discovered by blockchain analytics platform Arkham Intelligence and confirmed with on-chain data, was executed using one of Buterin’s primary wallet addresses. report The 100 ETH is believed to be headed by the 2077 Collective, a community-driven organization. Interestingly, Buterin donated…
A weekly roundup of news from the East Asia region, highlighting the most important trends in the industry. SGX CEO Says Singapore ‘Not Ready’ for Bitcoin ETF While several countries have approved the listing of cryptocurrency-based exchange-traded funds (ETFs), Singapore, a major financial hub in Asia, appears to be unprepared. SGX CEO Chye speaks at Reuters’ NEXT conference. (Reuters) Singapore Exchange (SGX) CEO Loh Boon Chye said at a conference hosted by Reuters on July 9 that SGX does not currently allow cryptocurrency listings. “I don’t think the Singapore ecosystem is ready for such a product right now,” Law said.…
Ethereum price extended its uptrend above the $3,120 resistance level. ETH may soon move above the $3,200 resistance level. Ethereum is slowly rising above the $3,080 level. The price is trading above $3,080 and the 100 hourly simple moving average. According to data provided by Kraken, the ETH/USD hourly chart shows a support line forming at $3,070, forming an uptrend line. A close above the $3,200 resistance zone could see the pair continue its upward trend. Ethereum price is better than Bitcoin Ethereum price extended the recovery wave above the $3,050 resistance zone. ETH also rose above the $3,150 resistance…
According to an official statement from Binance, as part of an important measure to strengthen the security of corporate accounts, Binance has announced the launch of multi-validator withdrawal verification for all corporate accounts that have successfully completed Know Your Bank (KYB) verification. Enhanced security measures The new feature is designed to provide an additional layer of protection against unauthorized transactions. Multi-verifier verification requires multiple approvers to verify all withdrawal requests within a specified time period, preventing one person from executing an unauthorized withdrawal. This enhancement is especially important for enterprise accounts that require complex roles…