Posted 1 minute ago In ~ Semler Scientific, a medical device manufacturer and health technology company, announced Tuesday that it plans to purchase Bitcoin with its cash reserves, sending the company’s stock price up 27% almost immediately.Semler Scientific’s Board of Directors “adopted Bitcoin as its primary treasury reserve asset” and “purchased a total of 581 Bitcoins. 40 million dollarsThe company said, “This amount includes fees and expenses.”After closing at $23.32 per share on Friday (U.S. markets are closed on Monday), Semler Scientific’s stock price soared 27% on Tuesday, reaching $29.50 per share at one point, according to Yahoo Finance. So…
Author: Crypto Flexs
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After a significant week for Ethereum, a technical candlestick arrangement shows that ETH price could be poised for a sharp rise in the coming weeks and months. One analyst points out the incident in the monthly chart. note The ETH/BTC ratio is reversing from its multi-year support trend line. In general, the analyst went on to say that when prices bounce from this line, altcoin prices tend to react and rise. ETH/BTC rises from important support trend line ETH/BTC is a ratio closely monitored by technical analysts. Compare the performance of the world’s 1st and 2nd most valuable coins. Bitcoin…
Torque Drift 2 adds iconic car models and integrates with Motorverse. According to a recent announcement from Animoca Brands, gaming studio Grease Monkey Games (GMG) has released the official 0.9 update for its premier drift racing simulator, Torque Drift 2 (TD2). This update, available for PC from the Epic Games Store, includes new features and improvements that enhance your overall gaming experience. New car models and features The version 0.9 update brings a variety of new car models from iconic brands such as Nissan, Toyota, and Honda. Players can now drive the Nissan R33, Toyota…
The EU plans to limit MEV in cryptocurrencies to minimize ‘market abuse’. Industry analysts have mixed opinions on this proposal. The European Securities and Markets Authority (ESMA) plans to limit the Maximum Extractable Value (MEV) utilized by miners and validators. Commenting on the plan, Patrick Hansen, Circle’s Head of Strategy and Policy for the EU Region, said: decided The EU aims to make MEVs ‘illegal’. ‘MEVs are treated as a clear example of illicit market abuse by the EU draft standard setting out the MiCA rules.’ The MEV limits are part of ESMA’s implementation guidance for various rules included in…
XRP price has struggled to continue rising above the $0.540 resistance level. It is currently consolidating near $0.5320 and could target a bullish reversal. XRP still faces many hurdles near the $0.5420 region. The price is currently trading near $0.5320 and the 100-hourly simple moving average. On the hourly chart of the XRP/USD pair, there is a bullish trendline connecting with support near $0.5265 (data source from Kraken). If the bulls remain active above the $0.5220 area, the pair could start a fresh increase. XRP price maintains support Over the past few sessions, XRP price has been trading in positive…
May 28, 2024 – (St Peter Port, Guernsey) – TVVIN announces a groundbreaking platform that revolutionizes the tokenization and trading of real-world assets (RWA). Combining cutting-edge blockchain technology and innovative financial solutions, TVVIN is set to transform the way investors interact with precious metals and other tangible assets. TVVIN tokenizes real-world assets such as gold, silver, platinum, and palladium, providing a unique platform to trade and manage these assets in digital format. TVVIN leverages the power of blockchain to improve transparency, accessibility, and efficiency in asset management. The TVVIN platform’s omnichain architecture allows integration with multiple blockchain networks, including Ethereum,…
Mt Gox funds, once consolidated into a single address holding more than $9.6 billion in Bitcoin, were now distributed across three separate addresses as of Tuesday morning, according to on-chain metrics. Mt Gox Funds Redistribution An investigation into the on-chain transfer of Mt Gox Bitcoin Cash revealed that funds had been allocated (…)
Cryptocurrency will be a decisive topic in the upcoming US presidential election in November. A new survey sponsored by cryptocurrency asset manager Grayscale has revealed important insights into how US voters perceive cryptocurrencies in relation to the upcoming election and their political significance.This survey was conducted by Harris Poll on behalf of Grayscale from November 27 to 29, 2023. A survey was conducted among 1,759 people (18 years of age or older) who were interested in voting in this election. The survey highlighted the growing importance of cryptocurrencies in the minds of voters.The importance of cryptocurrencies this election season is…
Bitcoin (BTC) falling to multi-day lows does not go against the broader BTC price upward trend, new analysis shows.Trading company QCP Capital dismissed recent “supply instability” in its latest market commentary sent to Telegram channel subscribers on May 28.QCP Capital: BTC price decline is a “blip” in the uptrend.QCP Capital argues that Bitcoin bulls have little to worry about with the rising BTC price trend.Mt. defunct exchange sparked a 2% drop in BTC price overnight. The movement of coins from wallets belonging to Gox does not guarantee stock on the market trajectory.Analysts said, “This morning Mt. Gox cold wallet triggers…
The crypto industry has several unique approaches to smart contract execution and decentralized applications (DApps). These innovations are driven by the need for scalability, security, and efficiency, allowing developers to build increasingly sophisticated applications. Yet, what is so different between the smart contracts on different blockchains? Which is the smartest smart contract platform?Turing completeness is a key aspect of smart contracts. Turing completeness is a concept from computational theory that refers to a system’s ability to perform any computation given enough time and resources. It is named after the British mathematician and logician Alan Turing, who developed the concept in…