Welcome to the September issue of Cryptie! As the seasons change, the crypto world shows no signs of slowing down. This month, we’re excited to bring you the latest updates from BitPay, educational chatter, and insights from the community, as well as major developments in the crypto space. From industry trends to new features, we’ve got everything you need to stay informed and ahead of the curve. Let’s take a look at the latest news!In this issue: Industry NewsRead news from across the blockchain industry:2024 BitPay Crypto Champions WinnerThe Crypto Champions series concluded with Bitcoin (BTC) dominating the field. Total…
Author: Crypto Flexs
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Cryptocurrency exchange Coinbase plans to bring its cbBTC token to the Solana blockchain, the company’s Singapore representative said at the Solana Breakpoint 2024 event in Singapore.“We recently launched cbBTC on Base, but our users love Solana and so do we,” Hassan Ahmed, Coinbase’s Singapore country director, said during a panel discussion at Breakpoint. However, Ahmed did not give a specific timeline for when cbBTC would be available on Solana.The centralized digital asset exchange released a wrapped Bitcoin version last week after teasing the token in August. After the launch, cbBTC Launched on Ethereum and Base networks.The ERC-20 token, which is…
If Ethereum breaks through $2,496 for the weekly close, it will be a positive outlook. A prolonged downtrend means that price recovery may be delayed due to holders looking to sell at breakeven. The Ethereum (ETH) price has surpassed $2,500, but the downtrend of the past two months is still ongoing. On a longer time frame, $1,949 and $2,496 are key levels to watch. Source: Burak Kesmeci of X CryptoQuant analyst Burak Kesmeci noted in a post on X that a weekly close above $2,496 would be bullish for ETH. The levels on the chart above are based on Ethereum’s…
Disclosure: This article does not constitute investment advice. The content and materials presented on this page are for educational purposes only. Ethereum ICO participants sent 10,000 ETH to Kraken in 2 years. Shibarium fees surge 2,024% as IntelMarkets raises $450,000. According to recent news, an Ethereum ICO participant just sent 10,000 ETH to Kraken exchange. This transfer occurred after the participant had been dormant for over two years. In other news, Shibarium trading fees have soared by 2,024% in the past day due to increased trading volume. Meanwhile, IntelMarkets had the best-performing pre-sale ever, raising over $450,000 as investors jumped…
Lawrence Jengar September 19, 2024 02:54 NVIDIA NIM microservices provide advanced speech and translation capabilities, enabling seamless integration of AI models into applications for global users. According to the NVIDIA Technical Blog, NVIDIA has unveiled NIM microservices for speech and translation, part of the NVIDIA AI Enterprise product line. These microservices allow developers to self-host GPU-accelerated inference for both pre-trained and custom AI models in the cloud, in the data center, and on their workstations. Advanced voice and translation features The new microservices leverage NVIDIA Riva to provide automatic speech recognition (ASR), neural machine…
Ether (ETH) surged 11.7% between September 17 and September 19, hitting a three-week high of $2,572. This price movement coincided with a rise in Ether futures open interest, which reflects the total number of contracts on a derivatives exchange. As a result, traders have become wary that higher leverage could potentially lead to greater price volatility.Lower interest rates support bullish momentum for ETH, but the US economy remains a risk.The recent ETH price rally mirrored the broader cryptocurrency market’s 8.3% gain, driven by a combination of interest rate cuts and strong labor market data in the U.S. This momentum also…
As a seasoned crypto reporter, Dalmas brings a unique perspective to the industry. His expertise in NFTs, blockchain, DeFi and blockchain news at NewsBTC, combined with his background in mechanical engineering and over 10 years of journalism experience, has allowed him to write over 10,000 news and feature articles over the past 8 years. His diverse range of topics, including technology, forex and finance, reflects his comprehensive understanding of the crypto landscape. His technical expertise and analytical skills have been recognized and featured in major news outlets such as Investing.com, CoinTelegraph, Entrepreneur, Forbes, and other authoritative sites. In particular, he…
This week really broke the belt on several fronts. Federal Reserve Chairman Jerome Powell finally gave some in the market what they wanted by cutting rates by 50 basis points. The S&P 500 is at another all-time high and gold continues to rally. In response to the policy change and other factors, Bitcoin (BTC) broke through and strengthened to $64,133. Despite the confirmation of the long-awaited policy change from the Federal Reserve, Bitcoin’s daily price action has not yet deviated from its six-month baseline. As mentioned last week, the Bitcoin chart shows a structurally aligned downtrend. On the higher timeframe,…
Plume Network announced plans to tokenize approximately $1.25 billion worth of real-world assets, offering holders the opportunity to generate yield in the process, the company said in a statement. The goal is to tokenize assets including:A Plume Network spokesperson said the company is working on making “solar farms, private credit, Medicaid-funded invoices, (and) mineral rights” available to investors by Q4. Plume Network aspires to tokenize $3 billion in assets “eventually,” the person added. ““What sets Plume apart is our exclusive access to high-yielding private assets like private credit, Medicaid bonds, and renewable energy, which are being tokenized exclusively on our…
Travala has integrated with a new blockchain network. The cryptocurrency-based booking platform now supports three major blockchains. Through the integration, Travala’s token AVA will also be distributed to the new network. Travala, a cryptocurrency-based travel booking service, has expanded its support for a third network beyond Ethereum and BNB by integrating with Solana. The development comes after the booking service integrated with Skyscanner on September 5 as the platform’s first cryptocurrency institution. The platform claims to have 110 million monthly users and up to 80 billion daily searches. Travala said the integration will allow Skyscanner users to search and book…