A widely known crypto strategist is predicting a massive breakthrough for one decentralized finance (DeFi) low-cost altcoin. The Crypto Dog, an anonymous analyst, told his 810,200 followers on social media platform X that Synapse (SYN), a protocol that enables secure cross-chain communication, could soar by more than 75% from its current value. “I think I can see a dollar… It went down 10% and came back to the breakout level. I bought again. synonym“ Source: The Crypto Dog/X Synapse is trading at $0.566 at the time of writing, down 12.82% in the last 24 hours. This cross-chain network project was…
Author: Crypto Flexs
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Jessie A Ellis 21 Aug 2024 02:29 NVIDIA has released Nemotron-4 4B Instruct, a small-scale on-device language model, to improve game character interactions in Mecha BREAK. NVIDIA has announced the release of Nemotron-4 4B Instruct, the first digital human technology miniature language model that aims to revolutionize the conversational abilities of game characters. The groundbreaking model is being demonstrated in a new multiplayer mecha game. Mecha BreakAccording to the NVIDIA blog, the game was developed by Amazing Seasun Games. The Nemotron-4 4B Instruct is specifically designed to run on GeForce RTX AI PCs, giving…
Where are the new Web3 games this year? — Illuvium Founder Illuvium co-founder Kieran Warwick had an eye-opening realization this month of how few Web 3.0 games will be released in 2024. “There would have been more games out there by now,” Warwick told Web3 Gamer, but added that it takes a long time to make a good game. Warwick knows firsthand how long it takes, having spent the last four years creating the open-world fantasy combat and role-playing game Illuvium. The highly anticipated game launched in beta on July 25. “We’ve had our launch delayed several times, and we’re…
XRP leads after SEC settlement, achieves golden cross, and breaks multi-year triangle The altcoin is outperforming BTC and ETH, with quarterly price increases and monthly cash flows increasing. XRP was hit hard after the SEC settled its legal case against Ripple, following Judge Analisa Torres’ $125 million fine. This resolution has transformed XRP into a major player in global payments, with the UAE and India agreeing to use the alternative coin for oil transactions. As a result, it increasedA bullish trend is expected, especially as Ripple prepares to pay a fine to the SEC. These developments have led to noticeable…
Market • August 20, 2024 3:46 PM EDT Posted 1 minute earlier ~ in Open Interest (OI) for CME Long Positions Bitcoin -2.48% Futures trading by asset managers reached $4.97 billion two weeks ago, the lowest point for the indicator since early March and a significant drop from the all-time high of $6.74 billion seen in the first week of July.However, it has recently shown a rebound, with OI increasing to $5.64 billion last week.The recent decline suggests that asset managers are reducing their long exposure to BTC, which could be a response to recent market volatility or part of…
Meet Samuel Edyme, aka HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is a multi-talented individual. With a flair for words and a sense of trends, he has written for numerous industry publications including AMBCrypto, Blockchain.News, and Blockchain Reporter. Edim’s entry into the crypto world was nothing short of a movie. His journey began not with a successful investment, but with a scam. Yes, a Ponzi scheme using cryptocurrencies as a means of payment drew him in. Instead of retreating, he emerged wiser and more determined, concentrating his experience on more than three years of insightful market analysis.…
Terryl Dickey 20 Aug 2024 07:59 The Hong Kong Monetary Authority has warned the public about fraudulent social media accounts and phishing messages linked to Singapore banks. The Hong Kong Monetary Authority (HKMA) has issued a public warning about fraudulent social media accounts and phishing instant messages linked to Bank of Singapore Limited, according to the HKMA’s official website. The scam involves fraudulent messages and fake social media profiles aimed at obtaining sensitive information from bank customers. Details of fraudulent activity The HKMA emphasizes that fraudulent activity has been reported by Bank of Singapore…
During an interview on August 20th shock theory In a podcast, Nicole Shanahan, the 2024 running mate of independent candidate Robert F. Kennedy Jr., proposed a unified ticket with former President Donald Trump.The independent vice presidential candidate has flatly denied rumors that she is in talks with Kamala Harris’s campaign for a Cabinet position or endorsement, calling both “fake news.”Shanahan shifted the conversation to the Trump campaign, praising the former president for taking the Kennedy-Shanahan campaign’s concerns about chronic disease and the pharmaceutical lobby “seriously.” The independent vice presidential candidate hinted at the possibility of joining forces with Trump, telling…
Solana’s native token, SOL (SOL), has struggled to close above $150 since August 11. Despite consistent buying activity each time it tests the $125 support level, SOL is largely flat compared to four months ago. What is even more concerning is that while the Solana network has experienced significant growth in deposits and activity during this period, this expansion has not yet been reflected in the SOL price. Let’s take a look at what is keeping the SOL price below $150 and what needs to happen to get above this level.Solana’s Mimecoin craze seems to have died downSome market participants…
Re-staking startup YieldNest is tapping into the rapidly growing liquid staking derivatives market with a new token. Called ynLSDe, the system is designed to allow anyone who stakes ether on leading decentralized liquid staking platforms, including Lido, FRAX, Origin Protocol, and Mantle, to earn additional yields. Liquid Staking DeFi (LSD) is a tokenized representation of staked assets that can be used across a variety of DeFi protocols. Ethereum -1.48% Staking — the process of rewarding users for contributing to the security of the Ethereum network — is non-transactionable. LSD circumvents this by creating a proxy token that can be used…