As decentralized finance (DeFi) continues to grow, demand for oracles, a key tool for connecting blockchains to real-world data, is surging.Established providers like Chainlink are facing increasing competition from emerging players as decentralized applications (DApps) demand more efficient data delivery solutions.Marcin Kaźmierczak, co-founder and chief operating officer of RedStone, discussed the trend of DeFi oracles in an exclusive interview with Cointelegraph.Kaźmierczak said the oracle market is entering a new phase driven by innovation and multichain adoption, highlighting the rapid changes in DeFi and the potential overhaul of oracle providers.relevant: Trump Policies Could Make DeFi, BTC Staking Mainstream — RedStone Co-FounderMultichain…
Author: Crypto Flexs
james ding December 11, 2024 13:44 BitMEX announced the launch of MEUSDT perpetual swap. This will allow traders to leverage their Magic Eden tokens up to 50x starting December 11, 2024. BitMEX plans to expand its trading services by introducing the MEUSDT perpetual swap, which is scheduled to launch at 04:00 UTC on December 11, 2024. According to BitMEX, this new financial product allows traders to short or short Magic Eden (ME) tokens with leverage options of up to 50x. MEUSDT Trading Opportunities The upcoming MEUSDT perpetual swap listing marks a significant move for…
With the price of Bitcoin (BTC) exceeding $90,000, several struggling companies are trying to boost their fortunes by building on the token and using it as a lifeline. This business model is inspired by the success of Bitcoin-focused software company MicroStrategy in 2020, which has led to companies from a variety of industries now getting into the cryptocurrency game.Semler Scientific’s Big Bitcoin GambleSemler Scientific, a medical technology company, was facing a serious financial crisis due to Medicare payment issues. However, after investing in BTC, the company earned $31 million in revenue, surpassing its 2023 earnings. The stock price also surged…
Peter Jang December 11, 2024 11:58 The Ethereum Foundation has revealed its 2022 academic grant recipients to support research into blockchain technology and the advancement of Ethereum. Introduction to Ethereum Academic GrantsThe Ethereum Foundation announced the results of its 2022 Academic Grants Round, recognizing several academic institutions and researchers for their innovative contributions to blockchain and Ethereum technology. The initiative aims to promote research and development in blockchain and decentralized technologies and encourage groundbreaking research and solutions.Main research projectAmong the awarded projects is a proposal by Hammurabi Mendes and Jonad Pulaj of Davidson College,…
Now ranked third among all cryptocurrencies in the world, Ripple has recently scaled back its activity. Not only is this a great day for XRP’s leaders, it’s also an important day for Ripple’s Chief Technology Officer (CTO), who has been with the company for 12 years. XRP is gaining notable traction in the market, with a sharp price rise of 83.57% over the past few days. As of this writing, the token is worth $2.6. With this incredible surge, XRP has solidified its position as the leading digital asset, surpassing stablecoin giant Tether (USDT) and well-known “Ethereum killer” Solana (SOL).…
A cryptocurrency strategist who follows closely believes that payments altcoin XRP is poised to witness much higher prices after breaking out of a nearly seven-year holding pattern. Analyst Ali Martinez told his 96,200 followers on social media platform Martinez said XRP could climb much higher after breaking the diagonal resistance that has kept the market weak since January 2018, relying on Fibonacci extension levels that traders use to find potential exit points. “To some, XRP appears overbought! To me, it seems undervalued after breaking out of this huge multi-year symmetrical triangle. Conservative target = $8.40Optimistic target = $48.12.” Source: Ali…
Wang Long Chai December 11, 2024 10:17 BitMEX introduced the MEUSDT perpetual swap, allowing users to trade Magic Eden tokens with up to 50x leverage. Listing began on December 11, 2024. BitMEX announced the launch of the MEUSDT Perpetual Swap, a new trading vehicle that gives traders the opportunity to short or sell the Magic Eden token ME with up to 50x leverage. According to BitMEX, the listing began on December 11, 2024 at 04:00 UTC. Trading features and specifications The MEUSDT perpetual swap is designed to provide traders with exposure to Magic Eden…
Yorg Healer December 11, 2024 08:45 Researchers at Johns Hopkins University and Stanford University have developed robotic surgery by integrating AI, allowing robots to perform complex surgical tasks autonomously and with precision. In a significant advancement in medical technology, researchers at Johns Hopkins University and Stanford University have improved the capabilities of robotic surgery, allowing robots to perform complex surgical tasks autonomously. These developments, reported by NVIDIA, signal a potential change in the way surgery is performed globally. AI integration into robotic surgery The team integrated a visual language model (VLM) trained on extensive…
AAVE’s large volume surged more than 150% in the last 24 hours. AAVE inflows to exchanges have increased over the past three days, indicating potential volatility ahead. According to data from IntoTheBlock, whales have taken notice of AAVE’s recent price action. According to data from IntoTheBlock, large transactions in altcoins surged 150% in a single 24-hour period. This increase in whale activity indicates that large players may be interested again, perhaps due to the recent AAVE price decline. Whales tend to move markets, and their more active participation is often a sign of a potential trend reversal or acceleration. Source:…
Wang Long Chai December 11, 2024 07:45 Donald Trump’s re-election and successful Bitcoin ETF have significantly boosted the value of Bitcoin, with potential implications for global cryptocurrency markets and tokenized capital systems. Donald Trump’s re-election has been a pivotal factor in the recent surge in Bitcoin (BTC), pushing its price towards the $100,000 range. According to blog.bitfinex.com, this upward momentum has been further fueled by the success of the Bitcoin ETF introduced earlier this year. Bitcoin’s rise and political influence Anticipation surrounding Trump’s second term, dubbed ‘Trump 2.0’, has sparked optimism that the US…