As October begins, we welcome a month full of exciting updates and offers in the cryptocurrency world. Whether you’re gearing up for the spooky season or just checking out your portfolio, we’ve got a gift for you. There are no tricks here. Only the latest news and exclusive information to help you stay ahead of the curve in the cryptocurrency world.In this issue: industry newsRead news from across the blockchain industry.Stablecoins, cryptocurrencies threatening fiat dominance in East Asia: Stablecoins and cryptocurrencies are challenging the dominance of traditional fiat currencies in East Asia, according to a new report (Cointelegraph).Cryptocurrency Surges on…
Author: Crypto Flexs
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The foundation of Avalanche (AVAX) is partnering with payments giant Visa for a new cryptocurrency spending card product. In a new announcement, The Avalanche Foundation introduces the Avalanche Card, a new card that allows users to pay with cryptocurrency at Visa participating merchants. “Introducing the Avalanche Card! Use WAVAX, USDC, sAVAX and more wherever Visa is accepted. Enjoy seamless transactions with physical and virtual cards, 24/7 dedicated support, and popular apps.“ According to the company, the Visa card, which will be available in physical and digital formats, will support Wrapped AVAX (WAVAX), Circle’s USD-pegged stablecoin USDC, BENQI Liquid Staked AVAX…
Yorg Healer October 22, 2024 18:06 The intersection of cryptocurrency and artificial intelligence (AI) is reshaping industries and providing new opportunities for decentralized finance and programmable money, according to Pantera Capital. Cryptocurrency as an infrastructure for AI growth The convergence of cryptocurrency and artificial intelligence (AI) is having a transformative impact on industries and reshaping how these technologies are used together. According to Pantera Capital, the role of cryptocurrencies in the AI environment can be likened to the essential infrastructure needed during a gold rush, providing the tools and systems needed to scale AI.…
While many cryptocurrency traders are betting on how AI cryptocurrency tokens will soar in the next bull market, Michael Heinrich, co-founder and CEO of 0G Labs, believes that the most promising tokens are yet to hit the market. “I think most of the best decentralized AI tokens are not listed yet,” Heinrich told Hall of Flame. However, he is “optimistic” about three specific AI cryptocurrency tokens that are already floating around on major cryptocurrency exchanges. “The public ones I follow include Goat, Turbo and Aethir,” he explains. “Goat and Turbo are an experiment in AI memes, which are fun to…
HashKey Capital remains bullish on altcoins, taking a cue from the ongoing Bitcoin boom. Their bullish stance is based on a mix of market analysis, strategic investments, and economic factors that suggest strong potential for low-cap tokens. At the same time, Bitcoin (BTC) continues to perform well, nearing $70,000. If positive sentiment drives capital into altcoins, Ethereum and Solana are expected to be major beneficiaries. HashKey Capital Eyes Altcoin Market Potential The investment firm made its optimistic outlook clear in a recent Medium post. This outlined the strategic rationale for focusing on altcoins amidst changing market outlook and investor sentiment.…
james ding October 22, 2024 18:22 Led by Erin West, Operation Shamrock tackles cryptocurrency crime and hog slaughter fraud through collaboration and innovation in law enforcement strategies. According to a recent report from Chainalytic, Operation Shamrock is making significant progress in the fight against cryptocurrency crime, specifically focusing on pig slaughter scams. The initiative, led by Erin West, aims to combat these scams through joint efforts and strategic partnerships. Understanding Pig Slaughter Scams Pig slaughter scams, a term used to describe long-term scams that drain victims’ resources, have become a major concern in the…
Tron’s whale activity surged with 96% of holders making profits. TRX’s bullish momentum targets $0.1645 resistance after retesting key trendline support. Tron (TRX) is gaining tremendous traction, and recent indicators show why this altcoin is gaining attention. 96% of TRON holders profited from TRX’s press time price. Additionally, large transactions surged 196% in the last 24 hours. This upward trend indicates growing interest among major players in TRX. Source: IntoTheBlock Massive transaction explosion of 196% The recent surge in large transactions indicates increased whale participation in TRX. Over the past 24 hours, altcoins have recorded a rise of 196%, suggesting…
Bitcoin (BTC) fell 4.1% between October 21 and October 22 after encountering resistance at $69,500. The correction wiped out last week’s gains and left traders questioning whether the $67,000 level can be recovered and what factors could support a price reversal.The decline in the S&P 500 since its all-time high on October 18 is likely to make Bitcoin investors more cautious. However, most of the major drivers of stock market declines favor alternative assets. For example, gold hit an all-time high on October 22nd.Bitcoin will profit regardless of the outcome of the US presidential electionBillionaire hedge fund manager Paul Tudor…
On October 21, decentralized exchange (DEX) Raydium surpassed the Ethereum network in 24-hour revenue, according to DefiLlama. According to DefiLlama’s daily protocol fee revenue data, Raydium, hosted on the Solana blockchain, recorded $3.4 million in fee revenue during the day, while Ethereum recorded $3.35 million. Ethereum is still recovering from a sharp decline in revenue after the network’s March Dencun upgrade cut transaction fees by about 95%. Ethereum still outperforms other blockchain networks like Solana, but has periodically lagged behind protocols like Raydium. source: DeFiLlamaRaydium is the most popular and liquid DEX on Solana, with total value locked (TVL) of…
Peter Jang October 22, 2024 17:35 Institut Curie adopted Microsoft’s Copilot, an AI tool designed to streamline administrative tasks, allowing researchers to focus more time on innovative cancer research. Institut Curie, a leading cancer research institution, has benefited from a new AI-based tool designed to streamline administrative tasks, allowing researchers to spend more time on pioneering cancer research. According to Source EMEA, the Microsoft-led initiative introduces Copilot for Researcher, an AI agent designed to manage day-to-day tasks and free up valuable resources for scientific innovation. Simplify management tasks Institut Curie’s research relies heavily on…