BNB could rise 10% to $600 in the coming days. The BNB long/short ratio currently stands at 1.031, indicating that traders are expecting a bullish market sentiment. On September 17, Binance Coin (BNB), the world’s fourth-largest cryptocurrency, successfully retested the $530 breakout level and is now poised for an upside momentum. While major cryptocurrencies struggle to gain momentum, BNB experienced a price surge of over 3.5%, suggesting the possibility of an upcoming rally. BNB Price Momentum According to data from Tradingview, at the time of writing, BNB was trading near $545 and had experienced a price surge of over 3.5%…
Author: Crypto Flexs
Read More
Technology • September 18, 2024 3:14 AM EDT Posted 1 minute earlier ~ in Updated: September 18, 2024 4:04 AM EDT Google’s cloud division has launched a new blockchain remote procedure call (RPC) service to support Web3 development.At launch, Google Cloud’s “Blockchain RPC” service will support the Ethereum mainnet and test network, with plans to expand support for additional blockchain networks over the next year. It will compete with existing RPC providers such as Infura, Alchemy, QuickNode, Ankr, and RPC, allowing developers to interact with the network without having to run a full node.This RPC solution allows developers to access…
Terryl Dickey Sep 18, 2024 07:09 Chainalysis’ 2024 report shows how institutions in South Korea and Hong Kong are leading the way in cryptocurrency adoption in East Asia. A recent report from Chainalysis shows that there is a significant surge in cryptocurrency adoption in East Asia, driven primarily by institutional investors in regions like South Korea and Hong Kong. Crypto Economy in East Asia East Asia is the sixth largest crypto economy globally, accounting for 8.9% of the global value generated between July 2023 and June 2024. During this period, the region received over…
The crypto influencer has yet to publicly respond to accusations that he used bots to manipulate social media metrics and influence, shortly after winning the “Best Content Creator” award at a crypto event.The investigator, known as “ZachXBT,” accused an influencer on X called “Professor Crypto” of using “thousands of bots” to “trickle down people into thinking he had influence.”He also suggested the move could violate a U.S. Federal Trade Commission rule that “prohibits the sale or purchase of fake measures of social media influence, such as followers or views generated by bots or hacked accounts.”The Crypto professor has yet to…
Key Republican lawmakers say they want clarity from the U.S. Securities and Exchange Commission on how it views airdrops in the cryptocurrency industry.House Financial Services Committee Chairman Patrick McHenry, D-North Carolina, and House Majority Whip Tom Emmer, D-Minn., accused the SEC of “putting its thumb on the scale” in a letter to Commission Chairman Gary Gensler on Tuesday.“By making claims about airdrops in a variety of instances and increasing warnings of further enforcement action, the SEC is creating a hostile regulatory environment that is amplifying the scale and preventing Americans from shaping the next generation of the internet,” they wrote.Some…
Key PointsBitget has surpassed 45 million users worldwide, solidifying its position as the fourth largest cryptocurrency exchange by trading volume.The platform experienced explosive user growth in regions including Africa (1,614%), South Asia (729%), and Southeast Asia (216%) in 2024.Bitget has become the fourth largest cryptocurrency exchange by trading volume, surpassing 45 million users worldwide. The platform has also become the fastest-growing exchange with a 400% increase in users since last year.Bitget has become the 4th largest cryptocurrency exchange by trading volume, with over 45 million users worldwide. Source: BitgetExplosive growth in emerging marketsBy 2024, Bitget had nearly tripled its user…
September 12, 2024 | approval The revamped Kraken Pro Web homepage has been launched, providing a streamlined starting point for all trading and account activities. In the fast-moving world of cryptocurrency trading, every second counts. That’s why we’re excited to announce the launch of our newly designed Kraken Pro Web homepage, packed with features to help you stay ahead of the market while managing your portfolio more efficiently. The new homepage experience has been built with professional traders in mind, providing an interface that puts key account status, market insights and trading activity right at your fingertips. Access key asset…
Wang Long Chai 18 Sep 2024 04:50 NVIDIA and Oracle collaborate to accelerate AI workloads and improve generative AI applications using NVIDIA NIM and cuVS on Oracle Cloud Infrastructure. Much of the world’s data is still untapped, and companies are looking to create next-generation generative AI applications to extract value from this data. According to the NVIDIA Tech Blog, the Augmented Search Generation (RAG) pipeline is a key part of this, allowing users to interact with massive amounts of data and transform documents into conversational AI applications. Challenges of implementing the RAG pipeline Enterprises…
Phantom launches optional usernames for wallet users. Usernames are for convenience only. Privacy is a major focus of this new feature. Solana, whose ecosystem has grown significantly over the past few months, continues to focus on user experience. We want to make our products more user-friendly and attract more users to the network. Recently, Phantom, the largest wallet on Solana, announced one of its user-friendly features: optional wallet usernames, which aims to make sending cryptocurrencies from one user to another simpler than ever. Phantom’s username simplifies cryptocurrency transfersSolana’s Phantom Wallet has improved usability with new features. On Tuesday, September 17,…
The U.S. Securities and Exchange Commission has accused two fake cryptocurrency platforms, NanoBit and CoinW6, of lying to investors and stealing their money, in what the agency said were the first reports of this type of scam.The regulator filed two complaints Tuesday in the U.S. District Court for the Eastern District of New York and the U.S. District Court for the Central District of California against five entities and three individuals. Both complaints allege that investors were “enticed” through social media, including WhatsApp, LinkedIn and Instagram, as part of a “relationship investment scam.”“Relationship investment fraud, including cryptocurrency asset-based investment fraud,…