Gibraltar, Gibraltar, 29 November 2024, Chainwire Hydration announced the launch of Hydration Money Market, a decentralized lending platform. The new platform allows users to provide cryptocurrencies as collateral, earn interest on deposits, and borrow a variety of digital assets. Built on the Polkadot blockchain, the platform highlights the efficiency and innovation of the decentralized finance (DeFi) ecosystem. Sign Language introduces on-chain priority clearing, a mechanism designed to minimize losses and prevent abuse during clearing events. The platform operates as a fork of the AAVE v3 protocol, providing overcollateralized lending capabilities and allowing users to explore advanced strategies such as position…
Author: Crypto Flexs
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A top analyst who correctly predicted the end of the cryptocurrency bull market in 2022 believes that Ethereum (ETH) is poised for a rebound from both Bitcoin (ETH/BTC) and the US dollar pair. Pseudonymous analyst Pentoshi told his 826,200 followers on social media platform X that ETH/BTC is looking good after respecting support at 0.30 BTC. According to cryptocurrency strategists, ETH/BTC could rise up to 0.4597 BTC. “This is a very promising start. Let’s see if we can reach the target.” Source: Pentosh/X As of this writing, ETH/BTC is trading at 0.0373 BTC, equivalent to $3,563. As for Ethereum against…
Wang Long Chai November 26, 2024 17:44 Zordi improves strawberry farming by integrating AI and robotics with the goal of sustainability and efficiency. The startup collaborates with NVIDIA for advanced automation. Zordi, a startup founded by CEO Gilwoo, is growing strawberries indoors using artificial intelligence (AI) and robotics in an innovative step toward sustainable agriculture. According to NVIDIA, this initiative is not only a testament to the integration of technology in agriculture, but also a move towards healthier and more sustainable agricultural products. AI and robotics in agriculture Founded in 2020 by Lee and…
If FET breaks out of the descending channel and is likely to break above $1.67, the price could rise to $2.56. On-chain signals and increased open interest point to a continued bullish outlook and support further price rises. Federation of Artificial Superintelligence (FET) It recently announced plans to launch an earn-and-burn mechanism in December to burn up to 100 million tokens to reduce supply and potentially drive up the price. Following this news, FET is up 9.19% and is trading at $1.62 at press time. The question on everyone’s mind is whether this rally can continue and what the technical…
This article is also available in Spanish. Ethereum, finally the second-largest cryptocurrency by market capitalization, is showing a notable price rally and continues to break through significant resistance levels. If you follow the upward trajectory, It’s up nearly 10% in the past week, and there’s been talk that Ethereum could possibly hit a new all-time high by the end of the year. It gained momentum. In particular, interest in Ethereum futures is growing again in line with the ongoing ETH rally, and market indicators are pointing to bullish sentiment among traders. Related Reading Is there room for more growth? A…
jack anderson November 26, 2024 18:00 Bitcoin ETFs set a new record for digital asset investments last week, drawing an unprecedented $3.12 billion in inflows, according to CoinShares. According to CoinShares, the Bitcoin exchange-traded fund (ETF) reached a significant milestone, recording its highest weekly inflows ever at $3.12 billion. These significant inflows have pushed digital asset investments to a new high, totaling $37 billion to date. record influx Digital asset investment products recorded a surprising weekly inflow of $3.13 billion, driven primarily by Bitcoin. This surge surpasses the initial performance of the US gold…
OpenAI, a leader in artificial intelligence (AI) development, received an investment worth $1.5 billion from Softbank, sparking new interest in AI-based cryptocurrency. Meanwhile, a new player is emerging in the cryptocurrency AI space: iDEGEN, an innovative community-driven AI project. Through dynamic pricing and decentralized control, iDEGEN promises to reinvent the way AI interacts with the cryptocurrency community. SoftBank invests $1.5 billion in OpenAI On November 27, OpenAI announced that it had secured a significant investment of $1.5 billion from SoftBank, a leading multinational investment firm. The deal was part of a public offering that would have allowed OpenAI employees to…
According to one cryptocurrency analyst, altcoins will go through major ups and downs until Bitcoin confirms its breakthrough of $100,000.“We are waiting for this active movement and will look at capital circulation,” Pav Hundal, senior analyst at cryptocurrency exchange Swyftx, told Cointelegraph at Aus Crypto Con 2024.Altcoins ‘will remain unstable’Hundal said there are “rough diamonds” like several memecoins outperforming Bitcoin (BTC), but the altcoin will “remain volatile” until Bitcoin passes six-digit price levels. On November 23, Bitcoin narrowly missed $100,000, reaching $99,605. At the time of publication, the price was $96,476.At the time of publication, Bitcoin was trading at $96,476.…
Peter Jang November 27, 2024 07:15 Conflux (CFX) announces the v2.4.1 upgrade, which addresses RPC improvements, storage optimizations, bug fixes, and improves node stability and performance. Conflux (CFX) Network has released its latest upgrade, version 2.4.1, which aims to improve user and developer experience through a series of technical improvements and bug fixes. According to Conflux Forum, this upgrade introduces several major improvements to RPC methods, storage, and code maintenance. RPC improvements The latest update includes significant improvements to remote procedure call (RPC) functionality. This includes a debug_trace RPC implementation for eSpace, similar to…
Bitcoin rebounded 6.25% from a local low of $90,742 on November 29 to above $96,000. On-chain data shows whales have “taken advantage” of discounted prices this week. BTC/USD daily chart. Source: Cointelegraph/TradingViewBitcoin whale earns $1.5 billion more as BTC price fallsBitcoin (BTC) price has shown signs of recovery, holding above $95,000 following a recent correction, according to data from Cointelegraph Markets Pro and TradingView. Market participants have observed the whale’s deliberate posture, and analysis suggests it may have played a significant role in the recent BTC price recovery. relevant: Did you buy dip? 3 signs the $90,000 Bitcoin price is…