China’s recent announcement of the “Ultra-Large Scale Blockchain Infrastructure Platform for the Belt and Road Initiative” signifies a significant step towards utilizing blockchain technology for seamless cross-border transactions. Led by Conflux Network, this initiative aims to create a public blockchain infrastructure platform to support cross-border cooperation projects along the Belt and Road Initiative. The project
Bitcoin recently experienced a flash crash, causing its price to plummet below $69,000, leading to significant losses for many crypto traders. This sudden and sharp decline in price not only shook the market but also resulted in the liquidation of leveraged positions for tens of thousands of traders. The aftermath of the flash crash has
Degen Chain, a layer-3 blockchain built on top of the Base network, has rapidly caught the attention of investors and traders, witnessing a surge in transactional volumes reaching close to $100 million within just 24 hours. Since its launch four days ago, the network has processed over 272,000 unique transactions. Despite this impressive growth, it
Bitcoin price has been consolidating above the $70,000 resistance zone, with potential for a move towards $75,000. The struggle to gain momentum above the $71,500 resistance zone is evident, despite trading above $70,500 and the 100 hourly Simple moving average. A short-term rising channel with support at $70,750 has formed on the hourly chart of
Litecoin price has experienced a significant increase, rising over 10% and currently trading above $105 against the US Dollar. The possibility of LTC continuing its upward momentum towards the $120 resistance zone in the near future is becoming more evident. This positive trajectory is supported by several indicators. One of the key indicators that Litecoin
As the Ethereum price continues to show positive momentum above the $3,550 zone, there is a possibility of bullish movements in the near future. The current trading scenario suggests that ETH could gain further strength if it successfully breaks the $3,650 resistance barrier. Analyzing the hourly chart of ETH/USD, it can be observed that Ethereum
Tinkoff Bank, one of the prominent banking players in Russia, has recently received a license to issue and trade “digital financial assets” (DFAs) within the country. This significant development was reported by Interfax, which stated that the Central Bank has officially approved Tinkoff to operate as a DFA provider. This move by Tinkoff comes shortly
Over the weekend, Ethereum co-founder Vitalik Buterin was seen out and about in Pangyo, a tech-focused town in South Korea. This surprised and delighted the nation’s crypto community, who were excited to have him in their midst. Buterin was in South Korea to attend various events, including an Ethereum-related conference. Not only did he deliver
The world of Generative AI is currently at a critical juncture, reminiscent of the early days of the Internet. However, unlike the open and collaborative ethos that defined the development of the Internet, the current landscape of AI models is marred by opacity and proprietary interests. While vendors may claim to be “open” by sharing
The current Bitcoin market is buzzing with anticipation as the price of the cryptocurrency hovers around the $70,000 mark. A significant part of this surge is attributed to the accumulation by large whales, who hold substantial amounts of Bitcoin. However, recent on-chain data has revealed that this accumulation trend extends beyond whales to a group
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