Author: NBTC
The price of Ethereum (ETH) has been moving steadily below the moving average lines since October 1. ETH has held above the support levels of $2,300 and $2,400. Ethereum price long-term analysis: bearish Selling pressure is easing at lower price levels. Now Ether is trading above the support of $2400. On the upside, a price rise above the current support level will push Ether above the moving average lines. The positive trend will continue to the next resistance at $2,800. The uptrend will start once buyers break above the resistance at $2,800. If the buyers are successful, Ether could reach…
Australia’s second-largest bank, ANZ, has partnered with Chainlink Labs and ADDX to explore tokenized real-world assets, according to a Sept. 30 statement shared with CryptoSlate. The move is part of ANZ’s involvement in the Monetary Authority of Singapore’s (MAS) Project Guardian, which aims to enhance access to tokenized assets in the financial sector. Project Guardian is a long-term global effort involving financial regulators such as the UK’s FCA, Switzerland’s FINMA, and Japan’s FSA, as well as critical financial services players. The initiative is designed to pioneer asset tokenization in various economic sectors, including fixed-income, foreign exchange, and asset management products.…
The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Aug. 29, 2024, it was penned by Bitcoinminingstock.io author Cindy Feng. In the piece, Feng explores how bitcoin miners are branching out into high-performance computing (HPC) and artificial intelligence (AI) cloud services. Part 1: How Bitcoin Miners Are Tapping Into the AI Gold Rush It’s been over a week since we last shared insights on public Bitcoin miners, but rest assured, we’ve been busy! From expanding our team to moving office, a lot has been happening…
Tilted and EMC Protocol have announced a collaboration to improve data and identity security for Gamer IDs. This partnership leverages blockchain and AI-driven technology to enhance the verification processes surrounding Know Your Customer (KYC) protocols. Both companies are set to boost security in the gaming industry, where identity management is critical. Tilted disclosed this trailblazing partnership through its official X account. 🚀 Exciting news! 🚀🔗 #Tilted and @EMCprotocol are teaming up on securing data and identity management for KYC to increase security of Gamer IDs. 🌐🤖Tilted is all about building diverse infrastructure partnerships to expand on proactive compliance.EMC Protocol leads…
Bitcoin (BTC) and gold lined up as the outperforming assets in 2024, on a mix of geopolitical uncertainty and still significant inflation. In former years, BTC outperformed, but gold had years of stagnant prices. Bitcoin and gold are on track to outperform in 2024, standing ahead of other asset classes. Formerly, BTC was almost always ahead of the pack, with the exception of the deepest bear cycles. Often, BTC was also trading in an opposite direction to gold, which was considered a stagnant asset for ‘gold bugs’. In 2024, however, a mix of global risks is raising both assets, as…
Ethereum co-founder Vitalik Buterin recently made headlines by liquidating six memecoins worth approximately $633,000 in exchange for 257.11 $ETH. The transaction occurred within a 50-minute window and involved notable memecoins such as $MSTR, $POPCAT, and $ITO. This move continues Buterin’s recent pattern of offloading his holdings in memecoins. Vitalik Buterin (@VitalikButerin) acquired 257.11 $ETH ($633K) by selling 6 #memecoins in the past 50 minutes!The 6 memecoins that he sold include:• 330K $MSTR ($281K) for 114 $ETH• 14M $POPCAT ($185K) for 74.98 $ETH• 14B $ITO ($90K) for 36.55 $ETH• 1.05M #ETH6900… https://t.co/p8fctn81oV pic.twitter.com/GSP0GZslb5 — Spot On Chain (@spotonchain) October 12, 2024…
The altcoin market is seeing renewed interest as Q4 approaches, with several tokens showing promising signs of growth across Total Value Locked (TVL), trading volume, and revenue. Crypto enthusiasts have taken notice, including analyst Crypto Stream, who highlighted a few top-performing tokens, raising speculation about whether this momentum can be sustained. On Altcoins with Growing Metrics:* $AAVE – Price is lagging, Fees are constant and TVL is up. Is the TVL increase driven by the price increase of the underlying assets?$JTO – TVL, Revenue – everything is growing. SOL unlocks are probably bullish for JTO. Careful large JTO… — Crypto…
Openfabric AI, a well-known platform in the case of artificial intelligence infrastructure, has announced an exclusive collaboration with InitVerse. The partnership focuses on supporting the developers in scaling, deploying, and building decentralized applications to fill the gap between the DeFi and AI technologies with innovative solutions concerning the blockchain sector. The platform took to social media to announce this initiative. We are excited to announce our strategic partnership with @InitVerse 🥳InitVerse is a platform that empowers developers to seamlessly build, deploy, and scale decentralized applications (DApps).Learn more: https://t.co/PVsoBxfFfx pic.twitter.com/45RlW7Bj4b — Openfabric AI (@openfabricai) October 10, 2024 Openfabric AI’s New Partnership…
Is Bitcoin a “risk-on” or “risk-off” asset? Analysts at the world’s largest asset manager BlackRock say the leading digital currency qualifies as neither. In a PowerPoint document shared Wednesday, BlackRock said its clients largely view Bitcoin as insurance against a possible U.S. debt crisis, and that Bitcoin has “little fundamental exposure” to the macro variables that affect other asset classes. Some of its defining attributes, BlackRock analysts noted, are Bitcoin’s limited supply supply, global nature, and ease of transfer across borders. “The growing concerns in the U.S. and abroad over the state of U.S. federal deficits and debt has increased…
Ripple, a major crypto company based in San Francisco, has finally broken its silence regarding its upcoming digital asset innovation – Ripple USD, or RLUSD stablecoin. As the crypto payments and remittances provider remained silent about the innovation, the crypto space began to be filled with different types of news, opinions and insights, many of which lacked substance. That is why Ripple decided to make a public announcement to clear the air and answer all relevant questions about the launch of the stablecoin once and for all. In its latest post on social network X, the San Francisco-based company explained…