AI startup Atoma announced that it is integrating its AI inference network with the Sui blockchain, with the goal of providing developers with enhanced capabilities in a variety of areas including decentralized finance (DeFi) and gaming. According to the Sui blog, this integration is expected to empower builders by allowing them to leverage AI in their applications. AI integration to strengthen the Sui ecosystem Atoma’s choice to integrate with Sui stems from the blockchain’s strong scalability and performance. Generative AI has gained significant attention in recent years, but its application in consumer-facing apps is still…
Author: Crypto Flexs
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A widely respected cryptocurrency analyst believes one altcoin project focused on artificial intelligence (AI) will outperform the broader market. Pseudonymous cryptocurrency trader Altcoin Sherpa tells his 216,400 followers on social media platform X that the decentralized GPU rendering blockchain Render (RNDR) has a strong market structure. “RNDR: In my opinion, RNDR is still a great place to buy and hold. I think this will be a strong one in the coming weeks. However, due to the lack of volatility, it is not a good option for active trading.” Source: Altcoin Sherpa/X Looking at the chart, traders suggest that Render is…
Bitcoin price began a recovery in the $67,000 range. BTC is currently struggling to clear the $68,800 and $69,500 resistance levels. Bitcoin held steady above $67,000 and recovered higher. The price is trading above $68,000 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), a breakout occurred above the main bearish trendline with resistance at $67,800. A stabilization above the $68,800 level could provide bullish momentum. Bitcoin price faces resistance Bitcoin price extended its downward correction below the $68,000 level. BTC tested the $67,000 area and recently began a recovery. The…
The U.S. spot Bitcoin exchange-traded fund (ETF) recorded net inflows for the 13th consecutive day on Thursday, hitting $48.71 million. Yesterday, major fund movements were discovered in two Bitcoin funds: Fidelity and Ark Invest and 21Shares. Fidelity’s FBTC led net inflows worth $119 million, while Ark’s ARKB recorded net outflows worth nearly $100 million. data From SoSoValue. ARKB’s outflow on Thursday marked its largest since its debut in January.BlackRock’s IBIT, the largest spot Bitcoin fund by net assets, recorded net inflows of $2 million. Grayscale’s GBTC, which recently became the second largest, has zero flow. Bitwise’s BITB added $26 million…
I understand that blockchains have been forked in the past (e.g. BCH, etc.). Can a single miner do this? How exactly does this happen?
London, UK, May 29, 2024, Chainwire Memeinator, the new viral meme coin, is continuing its upward trend following a successful pre-sale of $7.7 million and confirmed today that it will list its MMTR token. May 29, 3:00 PM (UTC) On both MEXC and Uniswap. Popular with both novice traders and experienced investors, MEXC has listed several meme coins that will see significant growth in 2024, such as MEME and BONK. The exchange currently has over $1.6 billion in trading volume and serves over 10 million users in over 170 countries, making it a powerful platform for the Memeinator community and…
Robert F. Kennedy Jr., speaking on stage after a New York jury delivered sweeping guilty verdicts against former President Donald Trump and independent U.S. presidential candidate, said they were both on the same page, at least when it comes to cryptocurrencies. I am concerned.“I’m glad he’s doing that,” Kennedy said recently when asked about Trump’s stance on cryptocurrencies.“More politicians and even (SEC Chairman) Gary Gensler have come forward to create an Ethereum ETF, and I think that’s promising,” he continued. “Are they politically driven? Probably so. But I will not delve into their motives. I’m glad they’re doing it.”The approval…
Mistral AI announced the launch of Codestral, a groundbreaking generative AI model designed specifically for code generation tasks. This innovative model aims to empower developers by simplifying and accelerating the coding process through advanced features. According to Mistral AI, Codestral is an open model that helps developers write and interact with code through shared instructions and completion API endpoints. Model fluent in over 80 programming languages Codestral is trained on a variety of datasets covering more than 80 programming languages, including popular languages such as Python, Java, C, C++, JavaScript, and Bash, as well as…
Mastercard has launched a peer-to-peer network for cross-border digital asset transfers. The P2P network, known as Mastercard Crypto Credential, targets users in Europe and Latin America. Mastercard launched the Mastercard Crypto Credential on May 29th. It enables cryptocurrency trading by allowing users to send and receive cryptocurrencies using simplified aliases instead of complex blockchain addresses. Mastercard dives deeper into cryptocurrency Mastercard Crypto Credential verifies interactions between consumers and businesses on a blockchain network, ensuring that users meet verification standards and that the recipient’s wallet supports the transferred assets. This system simplifies the process of finding out which asset or chain…
BNB price began its recovery from the $585 support zone. Bulls need to clear the $600 resistance area to push the price into positive territory in the near term. BNB price extended losses and tested the $585 support area. The price is currently trading below $600 and the 100-hour simple moving average. On the hourly chart of the BNB/USD pair (Binance data source), a breakout occurred above the main bearish trendline at the resistance level of $595. If it stays above the $585 support, the pair could start a fresh increase. BNB price maintains support After a significant rally, BNB…