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IBM and NASA introduce Prithvi WxC, an open-source AI model for versatile weather and climate applications, capable of running on a desktop computer. (Read More)
Popular Investor Statistics I am a Champion Popular Investor on eToro, awaiting the required minimum AUC to upgrade to the Elite level. My username is vincenzost and 176 people are currently investing in my portfolio. The assets under copy are between $300,000 and $1,000,000 and my portfolio has a risk score of 6 (medium). Over the past five years, my [...]
The post August 2024 eToro Portfolio Update (vincenzost) appeared first on Crypto Breaking News.
In a significant legal victory for Ripple Labs, Judge Analisa Torres recently ruled in favor of the company in its prolonged legal battle against the US Securities and Exchange Commission (SEC), ordering a payment of $125 million to the regulator. The ruling also clarified that XRP, the cryptocurrency at the center of the case, is [...]
The post Analyst Mega Bullish On XRP, Foresees Potential ETF And Price Range Between $16-$20 appeared first on Crypto Breaking News.
In a significant development, two of the top 10 cryptocurrencies on the market, Binance Coin (BNB) and XRP, have emerged as the outperformers this Monday, overshadowing the gains of industry leaders Bitcoin (BTC) and Ethereum (ETH). XRP Price Analysis XRP, the token associated with the blockchain company Ripple, has taken the lead among the top [...]
The post Mondays Crypto Leaderboard: BNB And XRP Surge Past Market Leaders appeared first on Crypto Breaking News.
The crypto market has witnessed a substantial surge in the Cardano trading volume over the last 24 hours. Yet, the blockchain’s native token, ADA, has failed to deliver a proportional price increase. Bullish Cardano Volume Data According to data from the information platform CoinGlass, Cardano, currently the 11th largest cryptocurrency by market capitalization, has experienced [...]
The post Cardano Sees Massive 150% Volume Surge, Yet ADA Price Stalls With 4% Decline appeared first on Crypto Breaking News.
In a recent report, market researcher and analyst DeFi Ignas has provided a detailed analysis of the current bearish and bullish cases for the leading altcoin, Ethereum (ETH), offering valuable insights into the cryptocurrency’s prospects. Factors Behind The Ethereum Underperformance Ethereum has struggled to keep pace with its crypto peers over the past two years, [...]
The post The Ethereum Resurgence: Key Catalysts Poised To Drive The Cryptos Comeback appeared first on Crypto Breaking News.
Solana (SOL), one of the largest digital assets in the market by market capitalization, has been in a period of price consolidation, oscillating between the $140 and $150 price range. This period follows a significant drop that saw SOL plummet to $109 on August 5th, with a modest recovery since then. However, despite its resurgence, [...]
The post Solana Poised For $400-500 Upside As Analyst Spots Wave 5 Formation appeared first on Crypto Breaking News.
Hello copiers, followers and etorians! This is the monthly update on my investment portfolio: July 2024: +1.22% YTD: +28.37% 2023: +11.34% Last 12 months: +44.94% Risk score: 6 (medium) Currently, 25 people are copying my trades (+10 compared to last month) In July, my portfolio closed the month with another positive performance. It outperformed the [...]
The post July 2024 eToro Portfolio Update (PassionForProfit) appeared first on Crypto Breaking News.
The recent market downturn has significantly impacted Polkadot (DOT), causing the altcoin to lose approximately 15% over just two days. However, on July 6, the price began to rebound, increasing by 9.67% to reach its current level of $6.24. Despite this recovery, DOT has experienced a substantial decline of 47.47% from its April 1 peak […]
MetDesk integrates NVIDIA Earth-2 for enhanced AI-driven weather forecasts, transforming energy trading with precise, rapid predictions. (Read More)
In a recent weekly report by Input Output Global (IOG), the engineering development company behind Cardano (ADA), significant growth for the blockchain has been unveiled. The report highlights notable achievements in Total Value Locked (TVL), transactions and the increasing number of projects being built on the network. Thriving Cardano Ecosystem Per the report, Cardano has reached a milestone of 94 million transactions, showcasing the network’s growing adoption ahead of scheduled upgrades later this year. The report also discloses a TVL of 548.4 million in ADA, further emphasizing the network’s growth. Data from DefiLlama confirms this, with on-chain data showing over 26,000 active addresses in the last 24 hours and a TVL in USD of $239 million. However, this is much lower than the annual high in TVL in USD terms of nearly $500 million recorded in March. Related Reading: US Spot Ethereum ETFs Poised To Draw $1.2 Billion Monthly: Research Firm IOG’s data also reveals that Cardano currently hosts over 1,300 projects and boasts over 10 million active tokens. Additionally, showcasing the networks appeal, there are over 67,000 Plutus scripts, enabling the creation of decentralized applications (dApps) and smart contracts within the Cardano ecosystem. Upcoming Releases And Updates The report also sheds light on the current focus of the ledger team as they await the Chang upgrade. Efforts have shifted toward extensive testing, including writing unit tests and conducting conformance testing. On the wallet and services front, the Lace team is preparing for the release of Lace v1.14 in the coming weeks, promising updates and improvements. The report notes that the Hydra team has progressed on incremental decommits, refining specifications and enhancing documentation. The Mithril team also released a new distribution with support for Cardano node v9.0.0 and continued working on certifying Cardano transactions within Mithril networks. Cardano’s progress extends to the Voltaire & Sanchonet domains with the release of Cardano node v9.0.0. Users are encouraged to upgrade to this version in preparation for the Chang upgrade. Lastly, IOG disclosed that the Intersect team has been actively updating the community on the latest Cardano node release, the Chang timeline, and the Intersect’s constitutional council confirmation. ADA Trading Volume Surges At the time of writing, ADA is currently trading at $0.429 due to its continued growth over the past month and the market’s recovery over the same period. Additionally, CoinGecko data shows that the token has seen a spike in trading volume of $628 million over the past few days, representing a 154% increase in market activity for ADA. Related Reading: Early Signs Of Breakout Solana To Explode By 900%, According To Analyst Further supporting the bullish sentiment and growth witnessed over the past month, ADA is currently trading above the key 200-day exponential moving average (EMA), following the 18% surge recorded over the past two weeks that saw it cross this key indicator at $0.423. Notably, this supported the price over the weekend, with successful tests for three consecutive days preventing another retracement. Conversely, the $0.459 level may be the next resistance in ADA’s growth path, preventing a rise towards the next resistance on the daily ADA/USDT chart at $0.483 before retesting the $0.500 level. Featured image from DALL-E, chart from TradingView.com
Popular Investor Statistics I am a Champion Popular Investor on eToro, eagerly awaiting an upgrade to Elite status as I approach the required minimum AUC. My username is vincenzost, and currently, about 190 people are investing in my portfolio. I am managing approximately $280,000, and my portfolio has a risk score of 6. Over the [...]
The post June 2024 eToro Portfolio Update (vincenzost) appeared first on Crypto Breaking News.
Hello, copiers, followers and etorians! This is the monthly update on my investment portfolio: June 2024: +6.18% YTD: +26.82% 2023: +11.34% Last 12 months: +48.78% The risk score is 6 Currently, 15 people are copying my trades In June, my portfolio closed the month with another positive performance. It outperformed the main US big indexes such [...]
The post June 2024 eToro Portfolio Update (PassionForProfit) appeared first on Crypto Breaking News.
Popular Investor Statistics I am a Champion Popular Investor at eToro, waiting to be upgraded again to Elite very soon, once I reach the minimum amount of AUC. My username is vincenzost. Currently, about 200 people are investing in my portfolio. I am managing around $320,000. The risk score of my portfolio is 6. In [...]
The post May 2024 eToro Portfolio Update (vincenzost) appeared first on Crypto Breaking News.
In a market witnessing a strong bullish momentum with several cryptos reaching new all-time highs and experiencing price recoveries, the XRP price has remained in a consolidation phase for the past two months after a brief surge in March that took it to its yearly high of $0.7430. However, recent positive developments and announcements surrounding [...]
The post XRP Price Set For Colossal 63,000% Breakout As Ripple Secures Crucial Partnership In Europe appeared first on Crypto Breaking News.
Hello, copiers, followers and etorians! This is the monthly update on my investment portfolio: May 2024: +10.57% YTD: +25.61% 2023: +11.34% The risk score is 6 Currently, 13 people are copying my trades In May, my portfolio closed the month with a double-digit positive performance, it has outperformed the main US big indexes such as the [...]
The post May 2024 eToro Portfolio Update (PassionForProfit) appeared first on Crypto Breaking News.
This episode explores how WeatherXM transforms weather data collection and forecasting using decentralized Web3 technology and the Internet of Things, making it more accurate, accessible and community-driven.
Leading asset manager and Bitcoin Exchange Traded Fund (ETF) issuer VanEck has officially filed a Spot Solana ETF with the US Securities and Exchange Commission (SEC), fueling bold growth predictions for the Solana ecosystem. Market-making firm GSR Markets recently released a report shedding light on the potential impact of a Solana ETF and highlighting the platform’s emergence as part of the “Big Three” in the crypto space. Speculation Of A Solana ETF Approval GSR’s report highlights Solana’s rapid rise within the cryptocurrency industry, positioning it as a major player alongside Bitcoin and Ethereum. With the Bitcoin ETF market already approved and Ethereum about to launch a spot ETF in the US, GSR predicts that it’s only a matter of time before Solana follows suit, potentially making the biggest impact. Related Reading: Bitcoin Miner Selling Cools Off Is This The Breakout Moment? GSR’s analysis highlights three key technological advancements that set Solana apart from its competitors. Firstly, Solana’s proof-of-history enables validators to produce blocks efficiently, resulting in remarkable speed and scalability advantages. Second, Solana’s parallel transaction processing enables increased throughput and takes advantage of improvements in computing speed. Finally, the company said Solana’s architecture positions it to solve the “blockchain trilemma” by achieving global state synchronization at “unprecedented speeds” as hardware and bandwidth costs decline. In addition, GSR’s report addresses the likelihood of Solana securing a spot digital asset ETF. While the current regulatory framework requires a federally regulated futures market and a futures-based ETF before a spot product can be considered, GSR believes that the potential for change shouldn’t be underestimated. The company also claims bipartisan support for the crypto industry, and shifting attitudes among lawmakers indicate a more favorable environment for digital assets. A Trump administration and a liberal SEC commissioner could further pave the way for the launch of spot digital asset ETFs, creating opportunities for Solana and other cryptocurrencies, the report said. Projected Impact On SOL’s Price GSR emphasizes the importance of decentralization and potential demand in determining the next spot digital asset ETF. Factors such as permissionless participation, developmental control, token allocation, and stake characteristics contribute to a blockchain’s level of decentralization. Meanwhile, as indicated by metrics like market cap, potential demand serves as a crucial factor for issuers when assessing future inflows. GSR combines decentralization and demand scores to create an ETF Possibility score, which highlights Ethereum and Solana as leading contenders for the next spot in digital asset ETF. Related Reading: Dogecoin To The Moon? Crypto Analyst Predicts 440% Price Increase Drawing parallels to the effect of spot Bitcoin ETFs on Bitcoin’s price, GSR estimates the potential impact of a Solana ETF on SOL. Adjusting for Solana’s smaller market cap relative to Bitcoin, GSR predicts a 1.4x to 8.9x increase in SOL’s price under different scenarios. However, the report acknowledges that the impact could be even higher, considering SOL’s active usage in staking and decentralized applications. In the event of a spot ETF approval, GSR suggests that the potential upside for SOL presents a significant opportunity in the market. As investor excitement over the development became apparent, SOL’s price reached a weekly high of $151 on Thursday, but in the past few hours, SOL has dropped nearly 4% to a current trading price of $143. Featured image from DALL-E, chart from TradingView.com
As the highly anticipated launch of the first spot Ethereum ETFs in the United States nears, experts are predicting a significant price appreciation for the second-largest cryptocurrency in the market. Ethereum ETFs On The Horizon According to a recent Reuters report, the US Securities and Exchange Commission (SEC) could approve Ethereum ETFs as soon as [...]
The post Experts Bullish On Ethereum ETFs Launching July 4, Predicting Potential Surge Beyond $7,000 appeared first on Crypto Breaking News.
Arbitrum users can now predict Ether price movements with PancakeSwaps AI-powered market, leveraging Alloras machine-learning data for accuracy.
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