Loading
Welcome at World Crypto Global. This portal is packed with useful content and resources to built out your own crypto skills. WorldCrypto is a site member of Gabriel Vega Network.
NVIDIA explores optimizing GPU performance by reducing instruction cache misses, focusing on a genomics workload using the Smith-Waterman algorithm. (Read More)
Crypto miners are moving away from debt and embracing stock dilution to fuel their AI and HPC ambitions, but the payoff is still uncertain.
Canaan Inc. (NASDAQ: CAN) will participate in Macquarie's 15th Annual ASEAN Conference on August 27-28, 2024, hosting one-on-one meetings with institutional investors. (Read More)
Injective (INJ) slashes block times to 0.65 seconds, setting new standards in blockchain performance and scalability. (Read More)
Marathon Digital's Q2 2024 revenue increased by 78% to $145.1M, but the company reported a net loss of $199.7M due to fair market value adjustments. (Read More)
NVIDIA introduces GenAI-Perf, a new tool for benchmarking generative AI models, enhancing performance measurement and optimization. (Read More)
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.
Exodus operating revenue in Q2 2024 was primarily driven by the wallets exchange aggregation service, which netted $19.9 million.
Ethereum ETFs (exchange-traded funds) began trading on Tuesday, generating significant volume within the first 2 hours of trading. Interestingly, the Ethereum ETFs ranked among the top 1% regarding ETF volume. Related Reading: Analyst Says Solana Price Will Surge 1,000% To $1,800, Heres When Ethereum ETFs Surpass Traditional Launch Volumes According to Bloomberg ETF expert Eric Balchunas, the ETH ETFs traded $361 million in the first 90 minutes on launch day, surpassing the typical volume seen at the launch of traditional ETFs. Blachunas said: Here’s where we at after 90 minutes. $361m total. As a group that number would rank them about 15th overall in ETF volume (about what $TLT and $EEM trade), which is Top 1%. But again compared to a normal ETF launch, which rarely see more than $1m on Day One, all of them have cleared that number and then some. Matthew Sigel, head of digital asset research at asset manager VanEck, highlighted the significance of these figures in the first hours of trading, noting that Ethereum ETFs saw more than 50% of trading volume compared to Bitcoin’s $610 million on day one, indicating strong investor interest in Ethereum. However, how these numbers will fare at the close remains to be seen. Bitcoin ETFs saw $4.6 billion in volume on their first day of trading in January, which may indicate the future performance of these newly approved index funds for the second-largest cryptocurrency on the market. ETHs Price Targets Soar Crypto analyst Doctor Profit shared a report highlighting a potentially massive parabolic move for Ethereum’s price this year in the wake of the expected inflows in the new Ethereum ETF market. While some anticipate a correction due to the “sell the news” phenomenon, Doctor Profit argues that the market has already factored in the ETF launch but has yet to consider the significant inflows of USD that will flood into the Ethereum ETFs. With Ethereum’s market cap being three times smaller than Bitcoin’s, Doctor Profit believes that every dollar invested in ETH is expected to have three times the price impact compared to Bitcoin, positioning Ethereum favorably for substantial price gains. Furthermore, the analyst contends that while Ethereum’s Grayscale ETH Fund sell pressure is comparable to the Bitcoin ETF launch, the impact is expected to be less severe. Related Reading: Helium (HNT) Rockets In Value With 41% Rally Heres Why Looking ahead, Doctor Profit has set expected price targets for Ethereum in the coming months, including a potential target between $4,500 and $5,500 by Q3 2024, indicating steady but modest growth. Moving into Q4 2024 and Q1 2025, the price range is expected to expand from $5,500 to $8,000. However, it is in Q2 2025 that Ethereum is expected to significantly jump, with price targets ranging from $8,000 to $14,000. At the time of writing, ETH is trading at $3,444, showing sideways movement with no significant change from yesterday’s price, despite the hype surrounding the launch of the ETF market. Featured image from DALL-E, chart from TradingView.com
The investment includes modular data centers and high-performance AI infrastructure for advancements in deep neural networks and large language models.
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
Learn how to optimize the IVF-PQ algorithm for vector search performance using RAPIDS cuVS, with practical tips on tuning hyper-parameters and improving recall. (Read More)
GitHub's June 2024 report details two incidents causing degraded performance, impacting Issues and Migration services. (Read More)
Bitcoin tends toward strong performance in July, but Mt. Gox is dampening optimism for a recovery.
Polygon’s native token, MATIC, has experienced a notable disparity compared to the broader cryptocurrency market. Unlike the top cryptocurrencies that have posted double-digit gains year-to-date, MATIC has failed to post positive performance across all time frames since the 2021 bull run. Adding to the concern, MATIC’s price has recorded losses amounting to 16.5% over the past seven days. This downward trend has prompted the token to test a crucial macro support level, raising questions about its future trajectory. Amid these developments, Polygon has announced a strategic partnership with Aragon, a developer of decentralized autonomous organizations, to introduce a “governance hub” for the Polygon community. Simplified Governance Hub For Polygon? According to a recent blog post by the Layer 2 solution protocol, the governance hub is designed to empower users and builders, allowing them to influence the core development of Polygon’s technology. The hub will reportedly be developed in phases in collaboration with Aragon to ensure that community feedback is incorporated to create a decentralized platform that aligns with community values. Related Reading: Solana Empty Glasses: BEER Coin Fizzles 70% In Alleged Rug Pull The governance hub will feature a unified interface for two essential pillars of Polygon’s governance: protocol and system smart contract governance. The hub seeks to increase transparency and encourage greater community participation in protocol governance. As for system smart contract governance, it introduces an upgraded framework that prioritizes structured decision-making processes while maintaining transparency and safety. In addition, Aragon will leverage its expertise to build the Polygon Governance Hub using Aragon OSx. This tool enables the construction of customized on-chain governance solutions that can be adapted over time through a modular plugin-based architecture. Polygon stated in its announcement: Polygon, and all related network architecture, needs flexible, transparent, and future-proof governance mechanisms and tooling. The Polygon Governance Hub is central to achieving this. MATIC Market Capitalization Drops Dramatically Despite the developers’ focus on community governance within the Polygon ecosystem, key metrics indicate a consistent decline in the MATIC token’s price over the past year. For instance, the token’s market capitalization has experienced a significant drop, plummeting nearly 50% in just three months. In March, it was valued at $9.9 billion, whereas it is currently valued at $5.6 billion. This decline suggests a potential capital shift towards other large-cap tokens or profit-taking activities. Furthermore, MATIC’s trading volume has also seen a notable decrease of approximately 18% in the past 24 hours, according to CoinGecko data. The trading volume now stands at a mere $293 million. Moreover, MATIC has witnessed a substantial 80% decline from its all-time high of $2.92 in December 2021. Related Reading: Red Alert For Polkadot (DOT): Double-Digit Drop Sparks Investor Fears Presently, the token faces a critical test at an 8-month support level, as depicted in the MATIC/USD daily chart below, with its current trading price at $0.5982. Should the price continue to decline without a significant catalyst to drive an upward trend and price recovery, attention should be paid to the next support level at $0.5700. The future trajectory of the MATIC price remains uncertain, and it remains to be seen whether further downside movement is in store or if a bounce at the current support level will materialize, offering potential opportunities for bullish investors. Featured image from DALL-E, chart from TradingView.com
Understand how TOPS and tokens measure AI performance on NVIDIA RTX PCs. (Read More)
Ripples final edition of the XRP Markets Report, published for Q1 2025, marks the end of an era. Since 2017, the report has served as a beacon of transparency in the crypto industry. However, Ripple announced its decision to retire the publication in its current form starting Q2 2025. The move follows years of scrutiny, […]
Explore Qubetics, Bitcoin, and Solana in 2025. Discover why Qubetics is the best crypto presale with over $16.6M raised and 510M tokens sold.
The post Qubetics vs. Bitcoin vs. Solana: 2025’s Best Crypto Presale Showdown appeared first on Kanalcoin.
Over the past week, XRP has trended slightly downward, moving from highs near $2.30 to around $2.17 by May 4. The candlestick pattern shows a series of lower highs and lower lows, reflecting a gradual loss of bullish momentum. Despite occasional small rebounds, particularly on April 30 and May 1, each recovery was met with […]
The Telegram-TON hookup opens up a broad spectrum of Web3 opportunities for Telegrams 900 million monthly users, Pantera Capital said.
World Crypto Global opens the door to digital freedom for everyone.
Manage your free WCG Coins securely—where simplicity meets global accessibility.
FREE CRYPTO COINS
AVAILABLE FOR RESERVATION
ALREADY ALLOCATED
No fees. No catch. Your crypto journey starts here.
World Crypto Global
