Author: Crypto Flexs

Iris Coleman 16 Aug 2024 04:05 NVIDIA is powering live media applications with the launch of Holoscan for Media, an AI-powered platform that enables live video pipelines to run on the same infrastructure as AI. NVIDIA has announced the launch of its latest innovation, Holoscan for Media, a software-defined AI-enabled platform designed to power live media applications. According to the NVIDIA Technical Blog, the new platform allows live video pipelines to run concurrently with AI on the same infrastructure, significantly simplifying the development and deployment process for media developers. Innovation in live media development…

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What was previously a solid support level has now become a major resistance level for ADA. However, markets remain divided and uncertainty is the dominant sentiment. Cardano (ADA) has not been affected by the broader market downturn like many other cryptocurrencies. In fact, at the time of writing, ADA is trading within a margin of $0.3348 after a 1.8% drop in the last 24 hours. Can ADA Break $0.3449 Resistance? ADA attempted to break above the resistance level of $0.3449, which was its support level before crashing on August 11, but failed. However, after three failed attempts, a bearish continuation…

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Bitcoin (BTC) has been stuck in a tight range since August 8, failing to break above $62,000 while consolidating at $58,000. This consolidation reflects growing uncertainty among traders, especially as the BTC futures funding rate remains negative, indicating low demand leverage for buyers. The question arises as to whether this indicator alone can determine the direction of the cryptocurrency market, or whether past patterns suggest that an uptrend is imminent.S&P 500 and gold near all-time highs while Bitcoin fails to maintain momentumThe main concern for Bitcoin investors is the positive performance of the S&P 500, which is currently 2.5% below…

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Coinbase analysts expect crypto market participants to remain cautious, with Ether and Solana showing higher betas. According to Thursday’s Coinbase Weekly report, these altcoins have increased sensitivity to market movements and may react more strongly to changes in the broader crypto market.”We expect market participants to remain cautious about their risk exposures in the coming weeks. Ethereum -3.34% and brush -1.41% Coinbase analyst David Duong said, “They are currently showing greater sensitivity to the overall crypto market with higher betas of around 0.85 and 0.83 respectively.” The Coinbase analyst noted that Solana and Ether have been the main “beta plays”…

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Bitcoin donations secure Asanji’s releaseWikiLeaks co-founder Julian Assange was freed after a 14-year fight against extradition to the United States, thanks to a generous anonymous Bitcoiner. The 8 Bitcoin donation, worth about $500,000, helped Assange’s family pay off the debts they incurred due to travel and settlement expenses. This financial support was crucial in Assange’s last-ditch effort to secure his freedom.Asanji’s strategic move to avoid US territoryAccording to Bitcoin News, on June 24, Asanji was released from Belmarsh Prison in the UK and quickly departed on a private plane for Saipan in the Northern Mariana Islands, a U.S. territory. Asanji,…

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We round up the weekly news from across Asia, highlighting the most important industry trends. The Korean Metaverse is Shutting Down Amid Scandals and Indifference Korea’s tech-savvy population, high-speed internet, and deep-rooted gaming culture make it an ideal testbed for metaverse applications. Despite these advantages, some of Korea’s top metaverse platforms are now closing their doors. The latest victim is 2nd Block, a metaverse built by Dunamu, which operates South Korea’s largest cryptocurrency exchange Upbit. Dunamu announced that it would be shutting down its metaverse service on September 9 due to weak participation as the pandemic eased. Naver’s Zepeto is…

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Ted Hisokawa 14 Aug 2024 15:28 According to CoinGecko, the Ethereum (ETH) price prediction for 2024 highlights significant upside potential, fueled by ETFs and technological advancements. According to CoinGecko, Ethereum (ETH) is expected to see a significant upside in 2024 due to the potential approval of an Ethereum ETF and advancements in blockchain technology. Despite lagging behind Bitcoin (BTC) in recent performance metrics, analysts are optimistic about Ethereum’s future price trajectory. What is the Ethereum price prediction for 2024? Top analysts and financial outlets have predicted that Ethereum could hit an average of $6,404…

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We round up the weekly news from across Asia, highlighting the most important industry trends. The Korean Metaverse is Shutting Down Amid Scandals and Indifference Korea’s tech-savvy population, high-speed internet, and deep-rooted gaming culture make it an ideal testbed for metaverse applications. Despite these advantages, some of Korea’s top metaverse platforms are now closing their doors. The latest victim is 2nd Block, a metaverse built by Dunamu, which operates South Korea’s largest cryptocurrency exchange Upbit. Dunamu announced that it would be shutting down its metaverse service on September 9 due to weak participation as the pandemic eased. Naver’s Zepeto is…

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Encryption Market capitalization is a measure of a project’s dominance and popularity. TronMarket capitalization has appeared Resilience Recently Market confusion. TronClosed due to continued strength. CardanoIn the 10th place CoinMarketCap. The market capitalization of a cryptocurrency is a key indicator of its dominance and popularity. It is calculated by multiplying the current price by the circulating supply. However, due to the volatility of cryptocurrency prices, these rankings can change rapidly, reflecting the dynamic and unpredictable nature of the industry.Cryptocurrency prices have fluctuated significantly in recent weeks due to macroeconomic factors and geopolitical tensions. Despite these upheavals, Tron (TRX) has shown…

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Social Platforms • August 15, 2024 1:55 PM EDT Posted 1 minute earlier ~ in Quick take The channel name, “The Defiant Ones,” matches a recent trademark registration. Last week, Donald Trump Jr. and Eric Trump shot down rumors that the cryptocurrency project would be a memecoin. Donald Trump Jr. launched a Telegram channel on Thursday, with the sons of Republican nominee Donald Trump further teasing the former president’s foray into decentralized finance. “There are a lot of rumors going around about our crypto project,” he wrote in a post on X. “To hear the real story and get the…

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