James Ding 19 Sep 2024 09:36 The People’s Bank of China will issue renminbi banknotes through the Central Money Markets Department of the Hong Kong Monetary Authority. According to the Hong Kong Monetary Authority, the People’s Bank of China (PBOC) has announced its intention to issue renminbi banknotes through the Central Money Markets Department (CMU) of the Hong Kong Monetary Authority (HKMA). Issue Details The publication is conducted by the HKMA and provides comprehensive tender-related information, including the tender notice, tender information memo and additional tender-related details. These documents are made available to the…
Author: Crypto Flexs
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An artificial intelligence (AI)-based cat-themed gaming altcoin is hitting a new all-time high after being suddenly listed on the world’s largest cryptocurrency exchange platform by trading volume. Cryptocurrency exchange Binance has announced that it will be adding Catizen (CATI) to its product line starting September 20th. “Binance is excited to announce that Catizen has been added to Binance Simple Earn, ‘Buy Crypto’, Binance Convert, Binance Margin, and Binance Auto-Invest.” Catizen is a play-to-earn blockchain game based on The Open Network (TON) that launched in March, where players take on the role of mayor of a town and manage an entire…
Bitcoin (BTC) surged 6% after the U.S. Federal Reserve cut interest rates by 0.50% on September 18, bringing the price close to a three-week high of $63,500. Despite the rally, derivatives indicators show that Bitcoin bulls are hesitant to increase their leveraged positions, with the $62,000 support level under pressure.Interest rate cuts and job market data affect Bitcoin priceThe U.S. jobless claims report, released on September 19, further boosted investor sentiment, with initial jobless claims falling to a four-month low of 219,000 from a July high of 250,000. While still relatively high, the decline represents an improvement. With inflation relatively…
Ripple CLO Stuart Alderoty has commented on Lee Reiners’ testimony to the U.S. House Financial Services Committee on September 18, 2024. The Duke University lecturer has criticized the cryptocurrency industry and supported enforcement actions by the U.S. Securities and Exchange Commission (SEC), but also acknowledged the agency’s limitations. Alderoty has weaponized these statements against the SEC. Ripple CLO provides key takeaways from Reiners’ testimony. Alderoty responded to the testimony, writing on X (formerly Twitter) that while Reiners was a “pro-SEC/anti-crypto witness,” his testimony still highlights some of the SEC’s shortcomings. Ripple CLO therefore highlighted four key takeaways from Reiners’ statement:First,…
correction: September 20, 19:00 UTC: A previous version of this story included a percentage of active addresses decline, but this has since been removed. Additional context has been added in December 2023 to explain how the inscription activity drove up volume and metrics. avalanche Abox +1.81% ‘s C-Chain. Furthermore, a section on Avalanche’s broader ecosystem beyond C-Chain has been included for a more comprehensive perspective.Originally popular as a faster and cheaper alternative to Ethereum, Avalanche is now expanding its focus to include institutional adoption and gaming.The number of active addresses on Avalanche’s C-Chain has returned to a 12-month low of…
reporter Posted: September 21, 2024 On the daily chart, the core cryptocurrency market structure is still in a downtrend. The 32% gain recorded earlier this week could lead to a slight decline. The CORE cryptocurrency is once again on a bullish trajectory after breaking through the psychologically important $1 resistance level. The trend and volume were also favorable for buyers. A retest of the $1 region would provide a buying opportunity. There is a possibility of another 30% upside for the Core crypto. The long-term core cryptocurrency downtrend continues. Source: CORE/USDT on TradingView The daily MACD has crossed the neutral…
Louisa Crawford September 19, 2024 10:04 NVIDIA highlights advances in AI security at Black Hat USA and DEF CON 32, emphasizing adversarial machine learning and LLM security. According to the NVIDIA Technical Blog, NVIDIA recently demonstrated its AI security expertise at two of the most prestigious cybersecurity conferences, Black Hat USA and DEF CON 32. The events provided a platform for NVIDIA to showcase its latest advancements in AI security and share insights with the broader cybersecurity community. NVIDIA at Black Hat USA 2024 The Black Hat USA conference is a world-renowned event that…
Cryptocurrency traders are noting a strong support line emerging on the Solana price chart, which some believe could be the starting point for a “significant” uptrend in the near future. “It looks like SOL is holding support at $120,” veteran trader Peter Brandt wrote in a September 20 post. Brandt was referring to Solana’s price action on the daily chart, which showed SOL consolidating in a square with the bottom of the $120 square acting as support since mid-April.”This could be a rectangle that could make significant progress.”BTC/USD daily chart. Source: Peter BrandtAnother trader, TraderKoz, made a similar observation, noting…
Cryptocurrency traders are noting a strong support line emerging on the Solana price chart, which some believe could be the starting point for a “significant” uptrend in the near future. “It looks like SOL is holding support at $120,” veteran trader Peter Brandt wrote in a September 20 post. Brandt was referring to Solana’s price action on the daily chart, which showed SOL consolidating in a square with the bottom of the $120 square acting as support since mid-April.”This could be a rectangle that could make significant progress.”BTC/USD daily chart. Source: Peter BrandtAnother trader, TraderKoz, made a similar observation, noting…
A man accused of lying to clients about cryptocurrency investments and using the funds to buy watches and jewelry instead has been ordered to pay $36 million, with most of the fine going to investors.Judge Vince Chhabria of the Northern District of California ordered: William Koo Ichioka, 30, must pay $31 million in restitution and a $5 million civil penalty to the victims, the court said. name At the U.S. Commodity Futures Trading Commission on Friday. Commodity Futures Trading Commission (CFTC) Charged Ichioka was indicted in June 2023 on charges of embezzling funds from a cryptocurrency and forex trading scheme…