CoinDesk IndexIs CoinDesk 20 Index. CoinDesk 20 is currently trading at 3895.67, up 1.7% (+65.05) since 4pm on Wednesday.Of the 20 assets, 17 are trading higher.Leaders: LINK (+15.9%) and UNI (+8.6%).Laggards: HBAR (-0.4%) and BTC (-0.4%). CoinDesk 20is a broad index traded on multiple platforms in multiple regions around the world.
Author: Crypto Flexs
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just alvin December 12, 2024 07:47 BounceBit is collaborating with regulated exchange DigiFT to integrate tokenized real-world assets, improve institutional-level returns, and expand the CeDeFi ecosystem. As reported by BounceBit, in a significant development in the decentralized finance (CeDeFi) landscape, BounceBit has announced a strategic partnership with DigiFT, Singapore’s leading regulated exchange for on-chain real assets (RWA). The goal of this collaboration is to bridge the gap between traditional and decentralized finance by bringing institutional-level returns to the forefront. RWA ecosystem expansion This integration enhances BounceBit’s RWA capabilities, giving users access to a wider…
A widely known cryptocurrency analyst and trader predicts that one of the top 20 altcoins will soon see an explosive rise. The analyst, who goes by the pseudonym Bluntz, told his 304,200 followers on social media platform Bluntz practices Elliott wave theory, which states that bullish assets tend to rally further after completing an ABC wave decline. “LINK continues to show strength against the USD and BTC pair. “I think we’ll see that number increase by at least 50% in the next week or two as we work hard to recapture the scope analysis.” Source: Bluntz/X He also says this…
Terrill Dickey December 12, 2024 08:08 Discover how AI-powered voice-to-text solutions are transforming industries, improving efficiency, and driving business growth through innovative applications across a variety of sectors. As voice data proliferates across industries, companies are increasingly turning to advanced voice-to-text technologies to unlock their potential. According to AssemblyAI, a leader in AI-based voice solutions, companies are leveraging these tools to transform voice content into actionable insights and drive revenue and efficiency across a variety of sectors. Why Companies Are Adopting AI-Based Speech-to-Text The shift to voice AI is driven by the need to…
contributor Posted on: December 12, 2024 Helium has surged about 10% over the past 24 years as trading volume has surged. The token’s increasing open interest and liquidation levels highlighted optimism but warned of potential volatility near key resistance levels. Helium (HNT) captured the market’s attention with a 10% price surge in the last 24 hours. At the time of writing, bullish momentum has seen a 12% surge in trading volume, indicating heightened investor interest. Source: TradingView As helium prices approach the critical resistance of $9.5, market participants are wondering whether the rally will remain strong or weaken. Helium’s powerful…
Tony Kim December 12, 2024 08:29 The Hong Kong Monetary Authority has warned the public about fraudulent websites and internet banking login screens linked to Nanyang Commercial Bank and urged them to be cautious about phishing activities. The Hong Kong Monetary Authority (HKMA) has issued a warning notice to the public about fraudulent websites and internet banking login screens linked to Nanyang Commercial Bank, Limited. This warning follows a press release issued by the bank, highlighting the potential risks posed by these fraudulent online platforms. fraud According to the HKMA, fraudulent websites and login…
We are excited to announce that FWOG, SPX, and GOAT are now available for trading on Kraken! Funding and Transactions Trading for Fwog, SPX6900 and Goatseus Maximus will begin at 15:30 PM today, 11 December 2024 (UTC). To add assets to your Kraken account, go to Funding, select the assets you want and hit ‘Deposit’. Make sure you deposit your tokens on a network supported by Kraken. Deposits made using other networks will be lost. The new token will be tradable on Kraken and Kraken Pro using the following parameters: legacypairPrice decimal precisionMinimum order sizeMinimum deposit amountfogUS Dollar, Euro0.00011010SPXUS Dollar,…
Nature, one of the world’s most cited scientific journals, introduced ResearchHub, a decentralized science (DeSci) protocol. This is a move that could potentially warn the wider scientific community about DeSci and cryptocurrencies. In a December 11 article, Nature, which has 9 million monthly viewers, introduced ResearchHub’s platform, which pays peer reviewers the equivalent of $150 in cryptocurrency to provide independent reviews of new research papers. . Nature’s article points out that it has also proven to be a financial opportunity for some people. Pedro Paulo Gattai Gomes, a Sao Paulo molecular biology consultant, said he now makes more money writing…
Louisa Crawford December 12, 2024 06:36 Robinhood Markets, Inc. reported strong growth in cryptocurrency trading volume and custody assets in November 2024, reflecting significant year-over-year increases. Robinhood Markets, Inc. (NASDAQ: HOOD) released monthly operating data for November 2024, showing impressive growth in several key areas, according to GlobeNewswire. In particular, the company’s cryptocurrency trading volume surged by more than 500% compared to the previous month, recording an astonishing 700% increase compared to the previous year. Key indicators and growth Robinhood’s November report highlighted a total of 24.8 million funded accounts, reflecting an increase of…
Peter Jang December 12, 2024 04:17 Explore the rise of stablecoins, their mechanisms, market trends, and regulatory environment. Learn why cryptocurrency trading and why it plays a pivotal role in financial inclusion. According to Chainalytic, stablecoins have recently emerged as a significant force in the global cryptocurrency market, accounting for more than two-thirds of cryptocurrency trading volume. These digital currencies, which are pegged to less volatile assets such as fiat currencies or commodities, offer consistent value, unlike most cryptocurrencies, which have price volatility. Understanding stablecoins Stablecoins are digital currencies pegged 1:1 to fiat currencies,…