Bitcoin (BTC) increased volatility on June 30th as traders braced for an “interesting” BTC price move.BTC/USD 1-hour chart. Source: TradingViewBitcoin bids are expected to be under $60,000.Data from Cointelegraph Markets Pro and TradingView followed BTC/USD with Bitstamp hitting an intraday high of $61,668.The pair recovered from the previous day’s local low of $59,950, which led to a fresh drop below the key $60,000 level amid uncertainty over BTC price support.Now, with a few hours left until the weekly, monthly and quarterly candles close, bids have appeared below the spot price.Popular trader Daan Crypto Trades wrote in a post on X…
Author: Crypto Flexs
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index While big names like Cardano (ADA) have found their feet, newcomers like Cosmic Kittens (CKIT) are changing things up with fresh ideas.So the question is: Can a beginner like CKIT with its Play to Earn concept beat the well-known Cardano (ADA) and enter the top 20 cryptocurrencies? Let’s compare what each project brings and see who performs better.>>>Click here to Learn more about Cosmic Kittens (CKIT)>Click here to Learn more about Cosmic Kittens (CKIT)
The Floki Inu memecoin project has warned its users and the wider cryptocurrency community about ongoing scams involving unauthorized tokens that are falsely associated with its brand. Fraudulent tokens have appeared on the Solana and Base blockchains, misleading investors.The official Floki Inu X account took to social media to warn its followers about the scam tokens. It emphasized that the legitimate Floki Inu (FLOKI) tokens can only be used on the BNB Smart Chain and the Ethereum network. Floki has listed the Ethereum address “0xcf0c122c6b73ff809c693db761e7baebe62b6a2e” and the BNB Smart Chain address “0xfb5b838b6cfeedc2873ab27866079ac55363d37e” as the correct contract address for the token…
Zambia has started the process of establishing an AI framework and is working with the Tony Blair Institute to develop an AI strategy. Sarah Luyele Njamu said Zambia could leverage AI for economic growth, improved healthcare, improved education and sustainable development. Zambia Cybersecurity and Crime Laws Revamp Zambia’s government (…)
Chainlink (LINK), a decentralized oracle network, is leading all ERC-20 projects in terms of recent development activity, according to new data released by cryptocurrency analytics platform Santiment. Santiment points out that Chainlink has registered 560.6 notable GitHub events over the past 30 days. Status (SNT) came in second place with 385.97 events. Status aims to provide users with a secure messaging app, cryptocurrency wallet, and web3 browser through open source, P2P protocols, and end-to-end encryption. Ethereum (ETH) itself ranked third on the Santiment list, registering 314 notable events. Source: Santiment/X The analytics firm notes that it does not count routine…
Strategic shift to Agentic AI solutions According to adept.ai, Adept AI has announced significant updates to its strategy and company structure. The company, known for developing general-purpose AI tools for enterprises, will now focus solely on agent AI solutions. These changes aim to increase productivity by delegating tedious computer tasks to AI agents, freeing employees to focus more on strategic and creative efforts. Partnership with Amazon AGI In a pivotal move, Adept AI’s co-founders and some of its team will join Amazon’s AGI organization. Amazon will also license Adept’s agent technology, multi-modal models, and datasets.…
The price of Ethereum has fallen more than 3% over the past seven days. Key indicators suggest ETH is undervalued, hinting at a recovery on the charts. Ethereum (ETH) The price action on June 28 turned bullish, giving investors hope that they could recover from past losses. Unfortunately, this bullish trend did not last long, as the coin soon recorded a price correction. This caused both the weekly and daily charts to flash red. Ethereum faces rejection Following the aforementioned price increase, ETH’s downtrend has intensified once again, sending the altcoin price down by more than 3%. At the time…
According to The Sui Blog, closed-loop tokens (CLTs) are emerging as a major innovation in the blockchain space, offering enhanced security, compliance, and customization for specific applications. The need for closed-loop tokens The open-ended nature of the Sui Coin standard makes it useful for many use cases, but falls short in scenarios that require specific constraints. For example, certain applications may require tokens that can only be used for specific purposes, approved accounts, or within designated marketplaces. Loyalty programs, in-game currencies, and restricted markets often benefit from controlled environments where tokens cannot be traded or…
People • June 28, 2024 11:04 AM EDT Posted 1 minute earlier In ~ Updated: June 28, 2024, 11:28 AM EDT Former PayPal CEO and Founders Fund co-founder Peter Thiel has confirmed that he still holds Bitcoin, reiterating previous comments that he wished he had bought more earlier.Asked by CNBC’s Andrew Ross Sorkin at the Aspen Ideas Festival on Thursday whether he had sold any bitcoin, Thiel said, “I still have some. I just haven’t bought as much as I should have.”However, Thiel does not seem so optimistic about Bitcoin’s price potential, adding, “I’m not sure it’s going to go…
21Shares filed an S-1 application with the Securities and Exchange Commission on June 28 for a physical Solana exchange-traded fund (ETF). The fund will be called the 21Shares Core Solana ETF. This is the second application the SEC has received for a physical SOL ETF, following VanEck’s filing on June 27.The proposed ETF will be traded on the Cboe BZX Exchange. Coinbase will act as custodian for the fund’s privately secured Solana (SOL) holdings. The fund’s assets are stored in a separate wallet on the Solana blockchain. The fund does not participate in SOL verification or staking. The intraday value…