ai16z’s token soared more than 50% on November 18 after top executives of the token’s namesake venture firm a16z acknowledged the project in a post on the X platform.ai16z boasts a decentralized autonomous organization (DAO) led by an artificial intelligence (AI) agent named Eliza. Although the name references the famous startup a16z, the company is not directly related. On November 18, an Shaw, one of the founders of ai16z, posted a message on X asking people to contact a16z. Lazzarin immediately responded, “Check out (the direct message),” hinting at his openness to working with the DAO publicly. According to CoinGecko,…
Author: Crypto Flexs
jack anderson November 18, 2024 21:20 NVIDIA has unveiled the ALCHEMI NIM microservice to enhance sustainable materials discovery and accelerate renewable energy solutions such as EV batteries and solar panels. NVIDIA announced ALCHEMI NIM, a groundbreaking microservice aimed at accelerating the discovery of sustainable materials. According to NVIDIA, the innovation was unveiled at the Supercomputing 2024 conference in Atlanta, highlighting its potential to transform the renewable energy sector. Accelerating materials innovation ALCHEMI NIM is designed to optimize AI inference for chemical simulations, a critical step in the development of efficient and sustainable materials. These…
Bitcoin (BTC) has been trading within a narrow 7% range since November 12, signaling a period of consolidation around $91,000. Nonetheless, derivatives indicate that professional traders remain confident in the bull market. Additionally, multiple attempts to break above the $92,000 level suggest strong buying demand beyond multiple MicroStrategy BTC acquisitions.Deribit’s Bitcoin 30-day options skew (put call) is 25%. Source: Laevitas.chBTC options delta skewness has fallen to its lowest level in four months, indicating that the market is pricing put options at a discount. A level below -6% suggests bullish sentiment and reflects confidence in the $87,000 support level, especially from…
Bitcoin is still on a multi-week uptrend. Market enthusiasts believe that altcoin season is just around the corner. Certain altcoins have already started to become active. The cryptocurrency market has been overheated over the past few weeks, with Bitcoin exploding to new all-time highs. The parabolic rise, which recently surpassed $90,000, has captivated investors and raised expectations of better performance, raising hopes that the long-awaited bull market has finally arrived.However, unlike the general rally trend in Bitcoin’s wake, the surge and surrounding optimism has not yet translated into truly bullish sentiment for most altcoins, and there is no word on…
The blockchain game aims to increase cryptocurrency users in the UAE. Floki’s Valhalla, a blockchain-based play-to-earn massively multiplayer online role-playing game (MMORPG), has partnered with Dubai’s Mall of the Emirates for a month-long branding campaign. The collaboration, announced on November 13, aims to strengthen Valhalla’s position in one of the world’s fastest-growing cryptocurrency markets. From November 15 to December 12, Valhalla’s brand will be showcased across 93 digital screens at Mall of the Emirates, a high-traffic shopping destination with more than 111,500 visitors daily. This strategic move provides Valhalla with the opportunity to reach a diverse range of residents and…
just alvin 18 November 2024 18:17 VeBetterDAO strengthens decentralized governance by introducing an innovative endorsement mechanism to enable economic and X node holders to actively participate in platform decisions. According to VeChain official, this week VeBetterDAO unveiled its latest initiative to strengthen decentralized governance within the ecosystem. The newly introduced ‘endorsement’ mechanism is designed to empower the economy and X node holders by allowing them to play a more significant role in the platform’s governance decisions. Why Warranties Matter The assurance mechanism is a pivotal step toward decentralizing decision-making within the Better ecosystem, a…
Closely followed analyst Benjamin Cowen says Cardano (ADA) will most likely see another decline against Bitcoin (ADA/BTC) before the end of 2024. Cowen told his 889,100 followers on social media platform Cowen notes that what is consistent with the 4-year ADA/BTC pattern is that monetary policy remains relatively restrictive and the U.S. dollar is rebounding. These are generally two bearish conditions for risky assets such as cryptocurrencies. “I think ADA/BTC will fall once more before EOY (year-end) and then rise in 2025. Showing some statistics for comparison… Lowest November 2020: 583 SaturdayHighest November 2020: 995 SaturdayLowest December 2020: 503 Saturday…
This article is also available in Spanish. Ethereum price began a downward correction below the $3,150 area. ETH is currently consolidating near $3,120 and may attempt a fresh hike. Ethereum has begun a short-term downward correction below the $3,150 area. The price is trading below $3,200 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a short-term contraction triangle forming with resistance at $3,120. If it holds steady above the $3,040 area, the pair could start a fresh increase. Ethereum Price Eyes Fresh Increase Ethereum price failed to start a new rise above…
Bitcoin (BTC) price has set a new weekly high for the second week in a row after rising 12% over the past seven days. The cryptocurrency asset is up 31% for the month as prices continue to consolidate near the all-time high (ATH) range. Bitcoin 1 week chart. Source: TradingViewWith technical analysis showing a bullish outlook across all time frames, one analyst believes a further 40% rise could unfold in the coming days. Bitcoin “Daily Pennant” Target $125,000Between November 4 and November 13, Bitcoin rose 40% after its price discovery began after $80,000. After ATH reached $93,450, its value fluctuated…
CSPR has had one of the highest gains over the past 24 hours. We are seeing the highest trading volume in months. The Casper cryptocurrency (CSPR) captured the attention of the cryptocurrency community with a dramatic 90% price surge over the past 24 hours, pushing its market capitalization past $422 million, an impressive 653% increase. The 6x increase in price and sudden surge in trading volume highlights the renewed interest in this token. Casper Cryptocurrency: From Consolidation to Explosive Surge Over the past week, the Casper cryptocurrency has shown signs of consolidation around the $0.007 level as trading volume has…