XRP price is struggling to recover above the $0.520 resistance level. A break above the $0.50 support level could see the price gain bearish momentum. XRP is attempting a fresh increase and is facing a hurdle near $0.520. The price is currently trading near $0.5150 and the 100 simple moving average (4-hours). There is a major bearish trendline with resistance forming at $0.520 on the 4-hours chart of the XRP/USD pair (data source from Kraken). A close above the $0.520 resistance line could give the pair some bullish momentum. XRP price aims for an upward reversal. Recently, XRP price broke…
Author: Crypto Flexs
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The Web3 game is over. Long live the game: SKALE CEO Ethereum scaling network Skale CEO Jack O’Holleran is confident we won’t hear any talk of Web3 games in the next five years. “I feel very strongly that the term Web3 gaming will no longer exist,” he told Web3 Gamer (hence the column’s name change by 2029). He doesn’t expect it to fail due to technical issues. Instead, he thinks it will become a victim of its own success. “The reason is that once we all successfully integrate the value proposition of blockchain into games, every game in the world…
Posted 1 minute ago In ~ BlackRock’s USD Institutional Digital Liquidity Fund had $375 million in assets under management.The fund, known as BUIDL, beat its closest rival, Franklin Templeton’s FOBXX, by nearly $8 million, according to data from Dune Analytics. FOBXX is a U.S. registered mutual fund using the Polygon and Stellar blockchains, with over $368 million in assets under management as of April 30.According to the FOBXX website, “The Fund invests more than 99.5% of its total assets in U.S. government securities, cash and repurchase agreements collateralized by U.S. government securities or cash.” “The fund seeks to preserve shareholders’…
Santa Clara, CA, April 27, 2024, Chainwire CARV, the largest modular data layer for gaming and AI, today announced the sale of its highly anticipated debut node. This is another important milestone toward CARV’s mission to maximize data innovation while ensuring individuals can share in the value created by a user-owned Internet. Starting May 13, users around the world will be able to become part of CARV’s decentralized data network and run lightweight validation nodes, contributing to the redistribution of value and earning rewards. What are nodes and why? Imagine a future where your data is truly yours – a…
Former Goldman Sachs executive Raoul Pal believes that two digital asset subsectors could witness exorbitant valuations when the market reaches the “crypto summer” phase of the current cycle. pal says One million followers on social media platform “Crypto summer” usually means rising prices and increased trading volume. Pal said, “But the cryptocurrency summer and fall will be chaotic because everything will have a story and be euphoric. This is when memes get really stupidly priced, unsubstantiated narratives like AI or RWA get stupid ratings, etc.” That too Believe During this period, Ethereum (ETH) may outperform Bitcoin (BTC) and Solana (SOL)…
join us telegram A channel to stay up to date on breaking news coverage Kronos Price rapidly increase It is up more than 4% in the last 24 hours, trading at $0.1326 as of 7:15 a.m. EST, as investors participate in the CRO accumulation phase. The recent increase in altcoin prices is Crypto.com It is the work of American rapper Marshall Mathers, who goes by the name Eminem. A recent commercial video featuring the rapper’s voice shows a man preparing for a fight. At the end of the video, Crypto.com’s slogan ‘Fortune favorites the Brave’ appears on the screen, and…
CARV Announces Decentralized Node Sale to Revolutionize Data Ownership in Gaming and AI – Chainwire housenewsroomCARV announces decentralized node sale to revolutionize data ownership in gaming and AI We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or access is necessary…
Ethereum transaction fees are at their lowest since October 2023, according to on-chain data. Here’s how this affects cryptocurrencies: Ethereum transfer fees recently dropped to $1.12. According to data from on-chain analytics firm st tly, the average fees on the Ethereum network have recently fallen to low levels. The fee here naturally refers to the amount of money that every sender must attach to the transaction as compensation to the blockchain for processing the movement. The fee that investors need to add to expedite the transfer depends on the network situation at the time. During periods of high activity, competition…
Palo Alto, CA, April 30, 2024, Chainwire The collaboration focuses on solving key Web3 challenges through data-driven insights, AI-based development tools, and zero-knowledge proofs. Sui, a layer 1 blockchain and smart contract platform created and launched by the core research team responsible for building Facebook’s Libra and Diem projects, is working with Google Cloud through a partnership with Mysten Labs to power the future of Web3. This joint effort will focus on improving security, scalability, developer tools, and user experience across a variety of Web3 and AI-based applications. Key initiatives of this partnership include: Data-driven dApps Google Cloud has strengthened…
Bitcoin (BTC) hit a two-week low around the Wall Street open on April 30, amid disappointing results from new cash exchange-traded funds (ETFs).BTC/USD 1-hour chart. Source: TradingViewBTC price suddenly changed to target $60,000.Data from Cointelegraph Markets Pro and TradingView showed that BTC/USD fell sharply after the Asian trading session, with the pair losing support at $61,000.Liquidations occurred quickly across cryptocurrencies, totaling $275 million in 24 hours, per data from monitoring resource CoinGlass.Cryptocurrency liquidation (screenshot) Source: CoinglassThe already cautious mood turned decidedly bearish after it was revealed that the first day of trading volume for Hong Kong’s new Bitcoin ETF was…