One crypto strategist who has been steadily gaining followers with his apt altcoin predictions believes that layer 1 protocol Sui (SUI) is poised to reach new all-time highs. The anonymous analyst Blunts told his 275,500 followers on social media platform X that SUI’s massive rally last week suggests the Solana (SOL) killer is headed for an all-time high. “SUI week is crazy, at this rate it will hit all-time high before BTC.” Source: Bluntz/X The trader also said he believes “SUI is the next SOL.” Blunts said SUI was in a technical uptrend last week after posting higher highs and…
Author: Crypto Flexs
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Tony Kim September 24, 2024 11:10 Discover key segments, entry points, and high-impact opportunities in the digital asset ecosystem, according to Galaxy’s latest report. According to Galaxy’s recent report, the Digital Asset Investable Universe serves as a comprehensive guide to exploring the digital asset ecosystem. This in-depth analysis focuses on key sectors, entry points, and high-impact opportunities across traditional finance, blockchain technology, and artificial intelligence.Key sectors and entry pointsThis report is designed specifically for financial advisors and institutional investors and provides actionable insights and investment strategies. These strategies include direct ownership, innovative funds, venture…
TON Coin has bounced off its recent 6-month support level and reached a key resistance level near $6. Derivatives data reaffirms bullish sentiment in the short term. After testing the 6-month support range near $4.6-$4.8, Toncoin (TON) recently witnessed a strong bullish rebound. As a result, the altcoin gained around 22% in the past two weeks and regained its position above the 20-day EMA ($5.54). At the time of writing, TON was trading at $5.70. It was attempting to challenge the long-term trendline resistance that has been solid since July. A break above this resistance could set the stage for…
Bitcoin (BTC) appears poised for a major rally towards $78,000 in the coming weeks, driven by price chart technicals and China’s recent stimulus measures.Central Bank Liquidity Will Drive Bitcoin Demand: AnalystOn September 24, the People’s Bank of China (PBOC) announced that it would cut the reserve requirement ratio (RRR) by 0.50 percentage points, injecting about $140 billion of liquidity into the financial system.The People’s Bank of China (PBOC) has cut borrowing costs and relaxed property purchase rules in an effort to revive the struggling property market and the overall economy.Jamie Katz, senior cryptocurrency analyst at investment management firm Real Vision,…
Ark Invest sold 44,609 shares of ARKB stock. Bitcoin Bitcoin -0.00% On Monday, the Next Generation Internet ETF (ARKW) issued a $2.8 million exchange-traded fund (ETF). This comes after the company sold $6.9 million worth of ARKB in its spot Bitcoin ETF on August 1, selling off shares. Ark Invest has now sold off $17.5 million worth of its Bitcoin ETF, following the $7.8 million it sold in July. The firm’s strategy is to ensure that no single holding makes up more than 10% of the ETF’s portfolio. This is to maintain diversification within the fund, meaning that if ARKB…
Ethereum price extended its uptrend above the $2,650 resistance level. ETH is currently correcting its uptrend and could find buying opportunities near the $2,600 support level. Ethereum is currently correcting its uptrend from the $2,700 resistance level. The price is trading above $2,600 and the 100 hourly simple moving average. According to data provided by Kraken, the hourly chart of ETH/USD shows a major bullish trend line forming with support at $2,600. The pair needs to remain above the $2,550 support level to continue its uptrend in the short term. Ethereum Price Support Maintained Ethereum price is still well supported…
All posts on OpenAI’s official press account on X have since been deleted after hackers accessed the account on September 23rd and promoted a suspicious phishing link that allowed ChatGPT users to claim “OPENAI” tokens.The attack is now the fourth OpenAI-related hack reported against X, and at least the fifth cybersecurity incident since January 2023.X users began reporting that X’s “OpenAI Newsroom” may have been compromised starting on September 23 at 10:26 PM UTC.Multiple screenshots of the incident on X show the account soliciting OPENAI tokens in an attempt to “bridge the gap” between blockchain technology and AI.The account claimed…
Lawrence Jengar 24 Sep 2024 07:06 NVIDIA’s ReMEmbR integrates generative AI, vision language models, and augmented search generation to enhance the reasoning and action capabilities of long-term robots. According to the NVIDIA Technology Blog, NVIDIA has unveiled ReMEmbR, a groundbreaking project that leverages generative AI to enable robots to reason and act based on expanded observations. Innovative Vision Language Model Visual Language Models (VLMs) combine the powerful language understanding of basic large-scale language models (LLMs) with the visual capabilities of visual transformers (ViTs). These models can process unstructured multimodal data, infer it, and return…
21.co integrates Chainlink Proof of Reserve. Verification works on both Solana and Ethereum. Chainlink provides real-time holdings verification. Transparency is everything in the crypto world. This is especially true for assets that have a physical or digital backing, including stablecoins and wrapped cryptocurrencies. The value of these assets depends on the underlying underlying, so it is important to ensure that there are sufficient reserves. Recently, 21Shares’ parent company, 21.co, took a major step to strengthen trust with its users: they integrated Chainlink’s Proof of Reserves into Wrapped Bitcoin (21BTC) on the Solana and Ethereum blockchains. Chainlink Margin for 21BTC on…
Ethereum (ETH) gained 18.7% between September 17 and September 23, outpacing Bitcoin (BTC) in weekly gains, with increases in open interest, funding rates, and network growth indicating strong demand for ETH.According to data from Cointelegraph Markets Pro and TradingView, the price of Ether is up 4% over the past 24 hours, trading at $2,650. In contrast, Bitcoin is up 1.8% over the past 24 hours, trading at $63,678. During the same period, the total cryptocurrency market capitalization has increased by 2%, reaching $2.3 trillion. ETH bullish vs Bitcoin Ether has gained 17.5% over the past seven days, outperforming Bitcoin, which…