Amidst the ups and downs of cryptocurrencies, Akash Network’s native token, AKT, has experienced a notable surge of over 40% in the past week. Akash Network (AKT) is trading at $3.20, up nearly 15% in the last 24 hours and has made an impressive jump of 41% over the past week, giving it a market capitalization of over $718 million, per CoinGecko data. AKT has proven its power with an incredible rise of over 1,400% in just one year. As soon as AKT surged, its social dominance also grew significantly after August 2023. Akash Network is an open source and…
Author: Crypto Flexs
Read More
Cryptocurrency analytics firm Santiment said peer-to-peer payment network Litecoin (LTC) is flashing numbers that could lead to a price spike. st tly note Litecoin, decentralized finance (DeFi) protocol Maker (MKR), and liquid staking service provider Lido DAO (LDO) are all seeing a rapid increase in address activity. According to the analytics firm, on-chain signals are typically “accompanied by an increase in market capitalization.” Santiment also points out that Litecoin is showing a bullish differential, which is a technical signal that suggests the asset is poised for a price surge. Source: Santiment/X As of this writing, Litecoin is trading at $65.52,…
In a significant step forward toward the potential approval of a spot Bitcoin exchange-traded fund (ETF) in the United States, applicants have overcome a pivotal hurdle, marking a significant milestone in the process of seeking regulatory approval from the U.S. Securities and Exchange Commission (SEC). .As reported by Bloomberg, applicants seeking approval for the eagerly anticipated spot Bitcoin ETF have successfully passed a critical step in their regulatory journey. The applicant addressed key concerns raised by the SEC and signaled progress in resolving regulatory issues at the heart of the approval process, according to sources close to the matter.Securities and…
In an announcement on 4 December 2023, Italian Prime Minister Giorgia Meloni outlined Italy’s key priorities during this year’s G7 presidency. The G7, an organization of the world’s major developed countries, is chaired by Italy from January to December 2024, and under Meloni’s leadership, Italy is set to tackle several important global challenges. One of the key topics of Italy’s G7 presidency is artificial intelligence (AI) regulation. This focus is not unexpected, given Italy’s proactive stance on AI in recent years, including a temporary ban on OpenAI’s ChatGPT in 2023, subject to compliance with data processing restrictions, and its subsequent…
In a series of recent tweets, Yann LeCun, a prominent figure in the field of artificial intelligence, said: shared His experience and insight into the development of the DjVu image compression format and its profound impact on the machine learning (ML) and AI communities. LeCun started the DjVu project at AT&T Labs in the mid-1990s with the goal of creating an efficient way to distribute high-resolution scanned documents over the Internet. Later released in the late 90s/early 00s, the DjVu format was adopted by platforms such as the Internet Archive. LeCun’s plan to scan and distribute the entire Neural Information…
Bitcoin ETF: This is the ‘calm before the storm,’ says ETF analyst.Bloomberg Senior ETF Analyst Eric Balchunas joins Farokh Sarmad, Michael Anderson, and Ovie Faruq on FOMO Hours, the latest on the looming approval of a spot Bitcoin ETF, and what happens when the disparate worlds of TradFi and crypto collide. We share the latest information on what may be happening. SEC Chairman Gary Gensler’s unique and strategic language, his insights into “Genslish.”
Tron price maintains an upward trend above the $0.1050 support level against the US dollar. TRX is outperforming Bitcoin and could rise further above $0.1105. Tron is rising above the $0.1050 resistance level against the US dollar. The price is trading above $0.1065 and the 100 simple moving average (4-hours). On the 4-hours chart of the TRX/USD pair, there is a major ascending channel forming with support at $0.1052 (data source from Kraken). The pair may continue to rise towards $0.1105 or even $0.1200. Tron price is showing strength again. Recently, Bitcoin and Ethereum have fallen significantly below $43,500 and…
Posted 1 minute ago In ~ The wait for approval for an exchange-traded fund (ETF) that trades Bitcoin directly, known as Spot Bitcoin ETF, could end as early as next Wednesday.According to a report from Fox Business, BlackRock, the world’s largest asset manager and one of the companies vying to bring a spot Bitcoin ETF to the market, expects its application to be approved next Wednesday. BlackRock is one of several companies that filed updated 19b-4 filings on Friday for a proposed spot Bitcoin ETF, along with Grayscale Investments, Valkyrie, ARK 21Shares and Invesco. The Cboe BZX exchange also filed…
join us telegram A channel to stay up to date on breaking news coverage Over the past 24 hours, the cryptocurrency market has seen a variety of movements, with approximately 10% of listed cryptocurrencies showing positive trends. ConstitutionDAO the most important upswing, recorded a gain of 38.30% during this period. Analyzing last year’s performance, Injective leads the way with an impressive gain of 2,781.31%. Biggest Cryptocurrency Earners Today – Top List Looking back, Bitcoin’s performance in 2023 has made notable progress due to a variety of factors. Expected position approval Bitcoin exchange trading The emergence of innovative applications such as…
When it comes to user activity, BNB Chain surpassed Ethereum last month. Demand continues to drive the BNB rally on the weekly chart. BNB Chain (BNB) has surpassed Ethereum (ETH) in terms of user activity over the past month, data from a blockchain analytics firm shows. DappRadar showed it Across all decentralized applications (dApps) listed on the BNB Chain, a total of 4.18 million unique active wallets completed at least one transaction in the last 30 days, representing a 29% increase in user count. During the same period, only 1.28 million active addresses were traded on Ethereum, a 13% decrease…