Felix Pinkston October 24, 2024 13:06 The Hong Kong Monetary Authority reported strong demand for three-year RMB HKSAR government bonds, with a bid ratio of 7.21, indicating strong interest from investors. The Hong Kong Monetary Authority (HKMA), which represents the Hong Kong Special Administrative Region government (HKSAR government), recently released the results of its three-year Yuan agency bond bidding results. The tender, held on October 24, 2024, showed solid demand among investors, according to the HKMA. Strong Demand for Treasury Bonds HKMA offered RMB 1 billion worth of three-year government bonds under its infrastructure…
Author: Crypto Flexs
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Decentralized exchange (DEX) Uniswap (UNI) is launching a new bridge that will allow users to access other blockchains outside of Ethereum (ETH). In a new blog post, Uniswap Labs revealed that it has partnered with Across Protocol (ACX) to launch a bridge that will allow users to exchange cryptocurrency assets between nine different blockchains through the Uniswap interface or directly from their Uniswap wallet. “In-app bridging is one of our most requested features, and we are excited to launch it as a step toward our long-term vision for cross-chain swaps. Today, over 6 million Uniswap users are swapping multiple chains.…
TL;DR The number of Bitcoin whales owning at least 1,000 BTC jumped to 1,678 earlier this week, the highest since January 2021. Investors immediately bought Vantard’s pre-seed offering and are now eagerly awaiting the seed round. Bitcoin Whale Number Surges to Highest Level Since January 2021 Bitcoin has been performing well since the beginning of the year, and investors continue to accumulate the cryptocurrency. The number of whales owning at least 1,000 BTC jumped to 1,678 earlier this week, the highest since January 2021, according to data tracked by André Dragosch, European director and head of research at Glassnode and…
Louisa Crawford October 24, 2024 10:56 NVIDIA’s advanced computing systems promise to revolutionize physical AI in industries such as manufacturing and robotics through enhanced training, simulation, and inference capabilities. NVIDIA’s three innovative computer solutions will advance the integration of artificial intelligence into physical systems. As detailed in an article on the NVIDIA blog, these systems will facilitate breakthroughs in training, simulation, and inference, and accelerate the advancement of physical AI in industrial applications. The rise of multimodal, physical AI Since the introduction of AlexNet in 2012, AI has transitioned from simple image recognition to…
Although 15 million LUNC tokens were burned, the price fell 4.19% amid declining market interest. Futures open interest decreased significantly, with trading volume plummeting 66.35% to $9.27 million. The Terra Luna Classic (LUNC) ecosystem is witnessing various developments as price trends, token burns, and futures trading volumes unfold. However, while recent token burns and price movements hint at a potential shift in the market, the latest price movements and open interest data indicate a complicated picture. LUNC price updates and market activity Terra Classic (LUNC) $0.00009008 At press time, it was down 4.19% in the last 24 hours. LUNC’s 24-hour…
Peter Jang October 24, 2024 09:18 Indian cloud providers and manufacturers, including Yotta and Tata, are expanding their AI infrastructure with NVIDIA technology with the goal of driving economic growth and innovation. India is witnessing significant changes in its technology landscape as prominent cloud infrastructure providers and server manufacturers such as Yotta Data Services and Tata Communications expand their AI capabilities. According to the NVIDIA blog, this effort is part of a broader initiative to improve NVIDIA acceleration infrastructure nationwide. AI Factories: A Catalyst for Economic Growth NVIDIA GPU deployments in India are set…
Five people have been sentenced to prison for a $21.6 million cryptocurrency scam that allegedly used stolen funds to buy shark tanks, private jet rides, sex workers and luxury cars.Criminals took $21.6 million (€20 million) from approximately 40,000 investors through various investment schemes involving EXW wallets and EXW crypto tokens, Austrian news outlet Heute reported on October 23.Two of the defendants were sentenced to five years in prison, two to 30 months in prison, and one to 18 months in prison. The remaining five were acquitted, but some continued to hide from authorities. The fraud trial in the Klagenfurt district…
Cardano price started a new decline below the $0.3550 area. ADA is consolidating above $0.3400 and may attempt a recovery. ADA price started a decline below the $0.3500 support level. The price is trading below $0.3550 and the 100-hour simple moving average. On the hourly chart of the ADA/USD pair, a break has occurred below the main bullish trendline with support at $0.3600 (data source from Kraken). A recovery could be attempted if it breaks out of the $0.3585 resistance area. Cardano price consolidates losses After testing $0.3685 resistance, Cardano struggled to hold higher levels. ADA, like Bitcoin and Ethereum,…
Bitcoin (BTC) has two new key levels to hold support as BTC price rebounds from 10-day lows.In his latest coverage of$65,000 is the do or die BTC price levelBitcoin rebounded this week after reaching $69,000 for the first time since the summer, but sellers were unable to maintain control for long.Downward momentum briefly accelerated after Wall Street opened on October 23 as stop-loss levels began to appear, according to data from Cointelegraph Markets Pro and TradingView.The result was a surge to $65,000, Bitcoin’s lowest since October 10th. Nonetheless, the subsequent rebound pushed BTC/USD back above $67,000.BTC/USD 1-hour chart. Source: TradingViewIn…
join us telegram A channel to stay up to date on breaking news coverage Given the frequent price fluctuations in the cryptocurrency market, investors need to stay informed if they want to make significant profits. GeckoTerminal supports users by tracking prices of various cryptocurrencies across multiple decentralized exchanges. Along with pricing, the platform provides insights into volume, transactions, and prices. Most Searched Cryptocurrencies. Choosing from the numerous tokens available on the platform can be overwhelming for investors. To support this, Insidebitcoins’ analysts evaluate market trends, liquidity conditions, and the profitability of specific tokens. In this article, they have carefully researched…