Bitcoin (BTC) hit $67,000 on October 26 after a news event caused BTC price to drop nearly 5%. BTC/USD 1-hour chart. Source: TradingViewBitcoin open interest is to blame as BTC price falters Data from Cointelegraph Markets Pro and TradingView tracked Bitstamp’s local low of $65,530 through the daily close on October 25.This comes alongside new geopolitical instability and unsubstantiated reports surrounding the illicit use of the largest stablecoin, Tether (USDT).The conflict between Israel and Iran has heightened risk-aversion, although the latter was quick to dismiss the accusations in the Wall Street Journal.However, for Bitcoin market observers, there has been a…
Author: Crypto Flexs
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A widely respected cryptocurrency analyst and trader is taking a bullish stance on the larger Ethereum (ETH) rival as he outlines the future path for the Goatseus Maximus (GOAT) memecoin. Ethereum’s rival, an analyst known by the pseudonym Sherpa, told his 228,300 followers on social media platform “SOL: This will definitely hit an all-time high and considering all the on-chain activity over the past two weeks, this is predictable.” Source: Altcoin Sherpa/X Solana is trading at $174 at the time of this writing, and would need to rise more than 49% to surpass its all-time high of $260 hit in…
jack anderson October 25, 2024 05:04 NVIDIA introduces Hephaestus, a generative AI framework to automate software test case creation, improve efficiency, and reduce manual work for developers. NVIDIA has unveiled Hephaestus (HEPH), a revolutionary generative AI framework designed to automate software test case creation to streamline the software development process. This development, reported on the NVIDIA Technology Blog, aims to reduce the labor-intensive nature of test case creation, which has traditionally been handled manually by software engineers. Hephaestus Overview Developed by NVIDIA’s DriveOS team, Hephaestus leverages Large Language Models (LLMs) to automate the design…
At press time, LINK was showing signs of a potential breakout, supported by bullish technical indicators. Foreign exchange reserves have declined and long-term clearing has highlighted strong bullish sentiment. Chainlink (LINK) has made significant progress recently through technological innovation and notable improvements in overall market performance. After launching CCIP private transactions for banks and integrating with Bitcoin, Chainlink is establishing itself as a leader in cross-chain tokenized asset payments. With ANZ’s pilot program and AI-driven initiatives to manage unstructured financial data, LINK has recorded a 4.46% price surge in the last 24 hours. Trading at $11.79 at press time, LINK…
join us telegram A channel to stay up to date on breaking news coverage Crypto assets staged a strong comeback, with Bitcoin leading the way towards $68,100. The CoinDesk 20 Index showed surprising strength, with an overall gain of over 2.7%. Uniswap and Bitcoin Cash were notable performers, rising more than 5% each. Ethereum traded just below $2,500, ahead of options expectations, as it struggled to maintain pace. Solana continued its impressive run by setting a new record for the relative value of Ethereum. This market momentum has sparked renewed interest in emerging tokens, attracting investors. Seeking opportunities. New cryptocurrency…
Louisa Crawford October 25, 2024 05:33 Numbast improves Python developers’ access to CUDA power by introducing an automated pipeline that converts CUDA C++ APIs into Numba bindings. According to the NVIDIA Technology Blog, the skills gap between Python developers and the CUDA C++ ecosystem will be significantly reduced with the introduction of Numbas. This innovative tool automatically converts CUDA C++ APIs to Numba bindings, increasing performance features accessible to Python developers. Bridging the gap Numba has long enabled Python developers to write CUDA kernels using a C++-like syntax. However, an extensive array of CUDA…
Ethereum (ETH) price fell 7.5% over the week after Bitcoin (BTC) and other major altcoins failed to recover. However, one analyst believes that the long-term market structure for ETH is bullish as the price enters a key demand zone. Ethereum remains in the “buy zone”.Web3 expert and independent trader Mando CT shared his thoughts on X with his 600,000 followers, hinting at the importance of “patience” with Ethereum. The trader said Ethereum remains in ‘buy territory’ from a long-term investment perspective, adding: “When $ETH surges, the entire market typically joins in, fueling altcoin operations and boosting the entire cryptocurrency ecosystem.”This…
This article is also available in Spanish. Cardano (ADA) has made a strong comeback. bull Intervening to reverse the recent decline and initiate a new rally. After a brief period of downward pressure, cryptocurrencies have gained traction once again, sparking renewed optimism among people. merchant And investors. With positive momentum building, Cardano is showing signs of further upward movement, continuing its upward trend towards $0.4233. The question now is whether the bulls can sustain this surge and push ADA to new highs. As the uptrend progresses, this article aims to analyze ADA’s recent price action, focusing on how the uptrend…
Solana’s TVL hits its highest level in two years. DeFi exchanges benefit greatly. Solana’s market capitalization grew even faster in 2024. High-performance chain Solana has had an incredible year, with gains in almost every major indicator. SOL is once again breaking records in the DeFi ecosystem after recording a year-to-date price increase of 461.08%. The network’s Total Value Locked (TVL) soared to $6.433 billion, the highest since January 2022. This growth in the DeFi ecosystem coincides with significant TVL and trading volume growth in decentralized protocols. Why Solana’s DeFi Ecosystem is Growing Solana’s DeFi ecosystem is rapidly expanding. As of…
lawrence jenga October 25, 2024 05:54 ElevenLabs has partnered with Pictory to streamline video production using AI voices, now supporting 32 languages. This collaboration increases the global reach and efficiency of video production. In a move to revolutionize video creation, ElevenLabs has expanded its partnership with Pictory to enhance its AI-powered video creation capabilities. According to ElevenLabs, this collaboration simplifies and accelerates the process of turning text, articles, websites and presentations into professional video content. Expanded language support Originally supporting only English and German, ElevenLabs leveraged its advanced Turbo v2.5 model to expand its…