Solana finally broke its all-time high on November 22, two years after the FTX exchange collapsed and slashed the price of its layer-1 blockchain token. According to TradingView, the price of Solana (SOL) hit $264.31 on Coinbase on November 22nd. This move follows an impressive 11% gain over the last 24 hours.SOL has been one of the best-performing altcoins this year, with gains of 160% since the start of 2024. The asset fell to cycle lows below $10 in December 2022 following the collapse of former FTX CEO Sam Bankman-Fried’s cryptocurrency empire. SOL/USD on Coinbase. Source: TradingViewMomentum for the asset…
Author: Crypto Flexs
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Data shows that indices related to Ethereum derivatives have surged recently, a sign that the price is at risk of experiencing a storm of instability. Recently, both Ethereum open interest and leverage ratio have soared. In a CryptoQuant Quicktake post, one analyst discussed the trends in Ethereum derivatives indicators. The metrics in question are open interest and expected leverage ratio. First, open interest tracks the total amount of ETH-related contracts currently open across all derivatives platforms. This indicator naturally takes into account both long and short positions. When the value of this indicator rises, it means that investors are taking…
Bitcoin rose to within 1% of $100,000 on November 22, with bulls “chewing” on the final sell order.BTC/USD 1-hour chart. Source: TradingViewBitcoin consumes its last supply of less than $100,000.The latest Bitcoin (BTC) price on Bitstamp has seen an all-time high near $99,500, according to data from Cointelegraph Markets Pro and TradingView.After a brief dip below $96,000, BTC/USD bounced back into the Asian trading session, setting up for a six-figure showdown.Commenting on the action, trader Skew predicted a “violent breakout” could occur if the price calls for liquidity near $100,000.“We are still seeing limit bids rising with primary spot buyers,…
HARD.fun allows users to easily create memecoins with Kava’s AI chatbot. The platform is community-driven, with governance and token economics determined by voting. The platform offers cross-chain support covering Kava, Ethereum, Cosmos, and more. Kava, a secure and fast Layer-1 blockchain that combines the power of Ethereum with the speed and interoperability of Cosmos, has launched HARD.fun, a groundbreaking decentralized memecoin creation platform. https://t.co/SXUEdKsZhb is live! 🎉 Welcome to the first Meme Coin Launchpad where platform fees go back to the community! 🤝 ✨ Meme Coin launch and trading🗳️ Vote $HARD About main features💎 Earn diamonds and unlock rewards Get…
Checks for BitClave investors have now been mailed. Investors in the controversial 2017 ICO offering can now collect what is rightfully theirs, thanks to this short post on Twitter/X by the Securities and Exchange Commission (SEC). The $4.6 million check was for investors in BitClave’s 2017 ICO offering that used unregistered digital asset securities. This approved settlement amount was agreed upon in 2020, and it was only on November 20th of this year that the agency confirmed the availability of funds. After a standard notification and claims process, eligible investors can now receive a portion of the BitClave Fair Fund.…
Quant and Just a chill guy gained quite a bit of notoriety this week. Behind the impressive returns lies a worrying pattern. The latest issues add to an already long list of concerns and threaten to hinder the mass adoption of cryptocurrencies. While all eyes are currently on price and investors are rejoicing as Bitcoin surges to new highs, the decline of memecoins, which have been the focus of recent market cycles, may be creating a dark undercurrent in the cryptocurrency industry. Previously ignored and treated with skepticism by industry leaders, memecoins have firmly taken center stage this year as…
Yorg Healer November 21, 2024 23:49 NVIDIA announced participation in major upcoming financial events, including the UBS Global Technology and AI Conference and the JP Morgan Healthcare Conference, to engage with the financial community. According to the NVIDIA Newsroom, NVIDIA, a prominent company in the technology space, will participate in major industry events to engage with the financial community. The company will attend the UBS Global Technology and AI Conference and the JP Morgan Healthcare Conference, providing insight into the latest developments and strategic direction. Participate in upcoming conferences The UBS Global Technology and…
The tap-to-earn cryptocurrency sector was arguably Gamefi’s moment in 2024. Blockchain games have evolved and the play-to-earn approach has become arguably web3’s most successful model. Variations of play-to-earn include tap-to-earn or clicker games. Hamster Kombat gained over 300 million users in just a few months, and Notcoin market capitalization peaked at over $3 billion. These two have become prime examples of the power of clicker games that make money by tapping on Telegram.Clicker games have gained millions of users who want to earn money by simply tapping their phones and performing other simple tasks. Some of the most popular clicker…
Caroline Bishop November 22, 2024 01:19 NVIDIA’s TensorRT-LLM solves the problem of long sequence lengths by introducing multi-block attention to dramatically improve AI inference throughput by up to 3.5x on HGX H200. In a significant development for AI inference, NVIDIA has unveiled the TensorRT-LLM multi-block attention feature that significantly improves throughput on the NVIDIA HGX H200 platform. According to NVIDIA, this innovation addresses the growing needs of modern generative AI models by improving throughput by more than 3x for long sequence lengths. Advances in Generative AI The rapid advancement of generative AI models, exemplified…
Bitcoin (BTC) surpassed $98,000 for the first time in history following reports that President-elect Donald Trump’s team is considering creating a White House position to oversee cryptocurrency policy.On November 21, the price of BTC surged more than 4.50% to an all-time high of $98,367 (Bitstamp data). The gains boosted the cryptocurrency’s market capitalization by 3.65%, reaching the milestone of $3.17 trillion.BTC/USD daily price chart. Source: TradingView“Trump trade” euphoria could allow Bitcoin to reach its long-anticipated $100,000 price target by the end of 2024, with cryptocurrency betting platform Polymarket hitting record highs in the six figures with 92% of bets on…