Timothy Morano 7 November 2024 15:34 Bitfinex celebrates its 12th anniversary by highlighting its role in advancing Bitcoin technology and digital finance, with a focus on innovations such as Lightning Network support and tokenized securities. As Bitfinex celebrates its 12th anniversary, the platform looks back on its journey as a pioneering Bitcoin-first exchange. Known for its efforts to power global decentralized finance, Bitfinex has maintained a strong presence in the digital asset space, according to blog.bitfinex.com. Commitment to Innovation Throughout its history, Bitfinex has been at the forefront of technological advancements in the cryptocurrency…
Author: Crypto Flexs
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Internet Computers (ICP) and Chainlink (LINK) are leading the cryptocurrency sector with a “historic pace” of recent development activity, according to digital asset analytics firm Santiment. Santiment points out that Internet Computer, a public, cloud-focused decentralized network, has recorded 829 notable GitHub events over the past 30 days. Chainlink, a decentralized oracle network, came in second place with 789.87 notable events over the same period. Hedera, a decentralized open source proof-of-stake public ledger, ranked third with 527.8. Internet Computer, Chainlink, and Hedera (HBAR) also ranked 1st, 2nd, and 3rd, respectively, in last month’s rankings. Source: Santiment/X Ethereum (ETH) competitor Cardano…
Ethereum (ETH) recorded its biggest three-day return of 2024, surging 21% after President-elect Donald Trump was announced as the winner of the US presidential election. The rally also broke the altcoin’s indirect resistance of $2,800 and a 96-day long trend low consolidation range. Ethereum 3-day chart. Source: TradingViewWith the cryptocurrency community anticipating renewed strength, Ether has sent a strong buy signal based on its historical setup for 2023. Ethereum reflects a bullish setup for 2023.In 2023, Ethereum showed a downward trend between the second and fourth quarters, followed by a cumulative range (green box on the chart) in the third…
Grass cryptocurrency surpassed $3 with high trading volume. It may take a day or two for further gains to unfold and a decline in prices is expected. The Grass (GRASS) cryptocurrency has hit new highs and continues its price discovery phase. Daily trading volume increased 21.6% in the last 24 hours to an impressive $601 million. Technical analysis suggests that the token could trend downward and fall below $3. Since the market structure is bearish, these dips are likely to be buying opportunities. A retracement below $2.5 could be the first sign of a long-term correction. Bearish divergence hints at…
jack anderson November 7, 2024 15:59 A detailed comparison of Universal-2 and OpenAI’s Whisper model reveals Universal-2’s superior performance in terms of accuracy, proper noun detection, and reduced hallucination rate. A recent report from AssemblyAI found that in a comprehensive analysis of leading Speech-to-Text models, AssemblyAI’s Universal-2 performed best when compared to OpenAI’s Whisper variant. The evaluation focused on real-world use cases, evaluating the model on tasks essential to creating accurate transcriptions, including proper noun recognition, alphanumeric transcription, and text formatting. Model Comparison The analysis compared Universal-2 and its predecessor, Universal-1, with OpenAI’s Whisper…
join us telegram A channel to stay up to date on breaking news coverage Cardano’s price has surged 18% in the past 24 hours, trading at $0.4305 as of 3:20 AM EST, with trading volume up 100% to $1.2 billion. With the ADA pump, Cardano surpassed TRON to become the 9th largest cryptocurrency with a market capitalization of $14.9 billion. TRON’s market capitalization is $13.9 billion. Cardano price indicates more bullish momentum The ADA/USD 1-hour chart shows a strong bullish trend. After reaching a recent high of $0.4329 and a low of $0.4293, the current price is around $0.4307. The…
Following Donald Trump’s victory in the US presidential election and the Federal Reserve’s (Fed) 25bp cut on November 7, the inflow of stablecoins into cryptocurrency exchanges is rapidly increasing. ERC-20 Stablecoin Flood ExchangeAccording to data from market intelligence firm CryptoQuant, $9.3 billion worth of ERC-20 stablecoins were deposited into cryptocurrency exchanges following the results of the US presidential election on November 6. “This is the second largest inflow of ERC-20 stablecoins since they were first introduced,” CryptoQuant explained in a post to X on November 7. “Cryptocurrency markets are likely to experience another bullish rally if the current large inflows…
Following Donald Trump’s victory in the US presidential election and the Federal Reserve’s (Fed) 25bp cut on November 7, the inflow of stablecoins into cryptocurrency exchanges is rapidly increasing. ERC-20 Stablecoin Flood ExchangeAccording to data from market intelligence firm CryptoQuant, $9.3 billion worth of ERC-20 stablecoins were deposited into cryptocurrency exchanges following the results of the US presidential election on November 6. “This is the second largest inflow of ERC-20 stablecoins since they were first introduced,” CryptoQuant explained in a post to X on November 7. “Cryptocurrency markets are likely to experience another bullish rally if the current large inflows…
Terrill Dickey November 8, 2024 04:10 The Stellar (XLM) Development Foundation’s Q3 2024 report highlights strong network growth, strategic investments, and key integrations strengthening the Stellar ecosystem. The Stellar (XLM) Development Foundation (SDF) has released its Q3 2024 report, outlining important milestones and developments as the year approaches, Stella said. The report is consistent with the foundation’s roadmap and highlights several key achievements. Network growth and investment The Stellar network has grown its user base significantly, surpassing 9 million addresses. The Enterprise and Matching Fund had a strong quarter, investing more than $5 million…
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