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Cryptography News
Cryptopotato
1w
246
Image Credit: Cryptopotato
Liquidations Skyrocket Beyond $1 Billion as BTC, Altcoins Bleed Out Heavily Again
- BTC dumps to under $98,000, altcoins suffer double-digit losses.
- BTC recovers briefly but plunges to weekly low of $97,500.
- Cryptocurrency market deep in red, several major coins experience severe price drops.
- Over $1 billion worth of liquidated positions as more than 330,000 traders get wrecked.
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Cryptoticker
1w
309
Image Credit: Cryptoticker
Dogecoin Price Crash – Will DOGE Drop Below $0.30 Next?
- Dogecoin price has dropped by over 12%, along with the broader crypto market, shedding 4% in the last 24 hours.
- This drop occurs against the backdrop of a cautious investor sentiment caused by concerns around interest rates and macroeconomic instability, leading to investors moving away from speculative assets.
- Dogecoin is known for its high volatility and often goes through sharper declines compared to large-cap tokens like Bitcoin and Ethereum.
- $0.40 support breach is seen as the biggest technical signal that triggered automated sell orders and panic selling from investors.
- If Dogecoin's downtrend continues, the immediate next support level is at $0.30, with the most likely scenario a test of this support level.
- There is currently more selling pressure for DOGE, indicating negative market sentiment being high and pushing DOGE towards $0.30 or even lower.
- The shift in momentum shows further bearishness, and traders brace themselves for potential lower lows.
- According to analysts, it would be wiser to wait for a clear reversal to signal an ease in selling pressure and buyers returning to the market before considering buying DOGE.
- Setting a stop-loss at $0.30 is a safer option for those planning to invest in Dogecoin, protecting from larger losses if the market continues to crash.
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Zycrypto
1w
275
Image Credit: Zycrypto
Boost VC Expands Commitment to Decentralized Science With Investment In PoSciDonDAO
- Boost VC has invested in PoSciDonDAO, furthering its commitment to decentralized science.
- Boost VC's Go-To-Market Program will provide resources for PoSciDonDAO's growth and adoption.
- The collaboration aims to revolutionize scientific research and funding through decentralization.
- PoSciDonDAO and Boost VC share a vision of equity, inclusivity, and advancement in the scientific realm.
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Zycrypto
1w
317
Image Credit: Zycrypto
io.net Officially Joins Dell Technologies Partner Program as Authorized Partner and Cloud Service Provider
- io.net has become a Dell Technologies Authorized Partner and Cloud Service Provider.
- This partnership combines io.net's GPU network with Dell's infrastructure for scalable and cost-efficient AI, ML, and HPC solutions.
- Joining Dell's Partner Program allows io.net to access resources, expertise, and market strategies.
- The partnership aims to make decentralized computing more accessible and aligned with enterprise demands.
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Zycrypto
1w
301
Image Credit: Zycrypto
Mantle Network Becomes The First ZK Validity Rollup With Succinct’s SP1
- Mantle Network has successfully transitioned to a zero-knowledge validity rollup with the help of Succinct and its SP1 technology.
- This transition positions Mantle Network to create a liquidity chain for institutional-grade settlement and value transfer within the crypto ecosystem.
- The integration of ZK validity rollup technology enables faster institutional-grade asset settlements and increased capacity efficiency for traditional and blockchain finance.
- Mantle Network has experienced significant growth since its mainnet launch and ranks among the top L2 networks by total value locked (TVL).
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Coindoo
1w
326
Image Credit: Coindoo
Acurast Unveils Processor Lite for iOS: Empowering iPhone Users to Join the DePIN Cloud Rebellion Secured by Polkadot
- Acurast has launched Acurast Processor Lite for iOS, allowing iPhone users to share their device's computing power with Acurast's decentralized confidential cloud network.
- The application enables users to earn rewards in the form of cACU tokens by providing compute power.
- Acurast repurposes damaged screens or unused older iPhone models as cost-effective compute resources, bringing sustainability into cloud infrastructure.
- The launch of Acurast Processor Lite for iOS aims to democratize cloud computing and build a more decentralized, secure, and confidential cloud infrastructure.
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NullTX
1w
158
Image Credit: NullTX
Maximise Your Portfolio with These 3 Best New Meme Coins for Exponential Returns
- Meme coins are gaining traction in the investment world, offering opportunities for exponential returns.
- The best new meme coins for exponential returns are BTFD Coin, Gigachad, and Fartcoin.
- BTFD Coin merges crypto and gaming with a Play-to-Earn game, impressive staking feature, and strong branding.
- Gigachad stands out with its strong community backing, utility-focused tokenomics, and exploration of partnerships.
- Fartcoin leverages humour, charitable initiatives, NFT drops, and real-world integration for growth and engagement.
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Coindoo
1w
250
Image Credit: Coindoo
WhiteBIT’s Institutional Focus Drives Trading Volume to Record $2.7 Trillion in 2024
- WhiteBIT, Europe’s leading cryptocurrency exchange, concludes the year with a record trading volume of $2.7 trillion, a 200% increase from the previous year.
- The exchange's trading volume exceeds the GDP of countries like Italy or Canada and approaches the GDP of France.
- Key drivers of growth include the onboarding of institutional clients, a market maker program, and a robust technical infrastructure.
- WhiteBIT remains committed to continuous growth, expanding its impact on the global crypto ecosystem, and plans to enter the US market.
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Cryptoslate
1w
322
Image Credit: Cryptoslate
US government rejects Sam Bankman-Fried’s conviction appeal
- The US government has rejected Sam Bankman-Fried's appeal to overturn his conviction and sentencing related to the FTX collapse.
- Bankman-Fried sought to overturn his conviction citing judicial bias and procedural missteps.
- The government dismisses the appeal, stating that it failed to demonstrate errors or prejudice in the original trial.
- The government maintains that the conviction and sentence should stand.
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19 Likes
Cryptopotato
1w
326
Image Credit: Cryptopotato
Mira Leads Decentralized AI Wave as Node Delegator Program Sells Out Instantly
- Mira Network's highly anticipated Node Delegator Program's first drop reached its full capacity of $250,000 in contributions within a few hours of launch.
- The program attracted thousands of participants interested in contributing to the network's growth, with 5,000 successful participants and over 25,000 applicants.
- Mira aims to democratize access to AI infrastructure by partnering with leading node operators and enabling participants to delegate compute resources.
- The rapid sell-out of the program demonstrates strong confidence in Mira's approach to creating trustless AI systems and ensuring broader participation in the AI economy.
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19 Likes
TechBullion
1w
125
Image Credit: TechBullion
The Real-Time Threat: Why Quantum-Resistant Security Is No Longer Optional for Telecom Networks
- Telecom networks are facing real-time threats with the emergence of advanced quantum computing.
- Quantum computers can easily break standard encryption protocols, compromising sensitive telecom data.
- There is an urgent need for quantum-resistant cryptography in telecom networks to protect against quantum-enabled breaches.
- Companies like TM Technologies are leading the way in providing quantum-resistant security solutions for telecom networks.
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Cryptopotato
1w
376
Image Credit: Cryptopotato
Story Launches Agent TCP/IP: The Foundational Layer for the AI Agent Economy
- Story, the world’s IP blockchain, has developed the Agent Transaction Control Protocol for Intellectual Property (Agent TCP/IP).
- Agent TCP/IP enables AI agents to autonomously exchange and monetize their IP with other agents.
- The protocol allows AI agents to initiate and manage legally binding contracts without human oversight.
- Story's Agent TCP/IP creates a frictionless system for AI agents to securely and autonomously exchange intellectual property.
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22 Likes
Cryptopotato
1w
380
Image Credit: Cryptopotato
BlackRock’s IBIT Nearly Doubles Gold ETF’s 20-Year AUM Milestone in Less Than 12 Months
- BlackRock's iShares Bitcoin Trust (IBIT) has nearly doubled the assets under management (AUM) of BlackRock's iShares Gold Trust (IAU) in less than a year.
- IBIT has achieved a milestone of $58.57 billion AUM, while IAU took 20 years to reach $33 billion AUM.
- IBIT became the fastest ETF to reach $50 billion AUM, achieving the feat in 228 days, compared to the previous record of 1,329 days.
- Driven by increasing Bitcoin price, IBIT has surpassed numerous milestones and holds the largest spot Bitcoin ETF trading volume, AUM, and market cap.
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Coindoo
1w
171
Image Credit: Coindoo
Boost VC Invests in PoSciDonDAO, Welcoming It to Their Go-To-Market Program
- Boost VC has invested in PoSciDonDAO, a project aiming to decentralize scientific research and innovation.
- The investment includes PoSciDonDAO's acceptance into Boost VC's Go-To-Market Program, providing valuable support.
- Boost VC has a commitment to decentralized science and has invested in various similar projects in the past.
- The partnership aims to promote transparency, inclusivity, and equity in scientific research.
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10 Likes
Cryptoticker
1w
326
Image Credit: Cryptoticker
How Could the Crypto Market Behave in the Next Two Months After the Fed Rate Cut?
- The recent rate cut by the U.S. Federal Reserve has sparked optimism in the crypto market.
- Increased liquidity and institutional participation could drive a sustained rally.
- Institutional adoption, market sentiment, and macro factors will play important roles.
- Bitcoin and Ethereum are likely to lead, with altcoins experiencing volatility.
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