PRESS RELEASE. Miami, Florida, March 14, 2024 – IntoTheBlock, a leading provider of on-chain analytics has announced the integration of the TRON network into its Market Intelligence suite. Thanks to a collaboration with TRON DAO, these advanced indicators will be available for free to the TRON DAO community. The TRON network, known for its reliability, […] Source CryptoX Portal
Render Network founder Jules Urbach is slated to speak at the upcoming NVIDIA GTC 2024 conference in just 4 days, potentially boosting the price prospects for the RNDR token. Scheduled for March 18th, NVIDIA’s GTC is heralded as the paramount event of the year for aficionados of AI and GPU computing, marking a year filled with rapid developments in generative AI technologies and the rise of decentralized AI networks. Since the last GTC, NVIDIA has unveiled numerous groundbreaking advancements in AI, launching their high-performance HGX H200 GPU line, releasing new…
This mainstreaming of crypto by traditional financial institutions and regulators is exciting. But these banks are mostly tokenizing on permissioned networks, which regulators are encouraging. In December, while announcing plans to revise its bank capital standard for crypto-assets, the Basel Committee on Banking Supervision stated that since permissionless blockchains “create risks that cannot be sufficiently mitigated at present”, the highest bank capital requirements would be retained for crypto-assets held on permissionless blockchains. The Committee probably concluded this because permissionless blockchains are maintained by thousands of validators that are not subject…
A Wall Street firm forecasts that the cryptocurrency market cap will reach $7.5 trillion by 2025, and Bitcoin will reach $150,000. Analysts at Bernstein recently discussed that the crypto market will double its size within the next year. This would mean that some leading cryptocurrencies by market cap, such as Bitcoin, Ethereum, and Solana, would continue to rally substantially if such large-scale inflow persist. The projection sees the market value of crypto assets expanding from the current $2.8 trillion to $7.5 trillion, with Bitcoin leading the charge. Expected to evolve…
On Thursday, Bitcoin’s network difficulty escalated by 5.79% at block height 834,624, signaling the year’s fourth rising adjustment. The mining difficulty now stands at an unprecedented peak of 83.95 trillion, with the forthcoming adjustment anticipated around March 27, 2024. Bitcoin Difficulty Jumps 5.79% Mining Bitcoin has reached unprecedented levels of difficulty, peaking at 83.95 trillion […] Original
Under the so-called partnership, Ritual will begin posting its user-made AI models to Story Protocol to “prove that outputs like text, image, and voice are generated by specific models” and provide “advanced watermarking schemes that will give developers stronger security guarantees around provenance and traceability,” Story Protocol said in a statement. According to Story Protocol co-founder Jason Zhao, a new software development kit (SDK) is also in the works that will allow Ritual developers to seamlessly register their models as “IP Assets” on Story Protocol. Source
The U.K. High Court has ruled that Craig Wright cannot be identified as Satoshi Nakamoto, and he didn’t author Bitcoin’s whitepaper. The decision ends a lengthy period of speculation and legal battles. The Crypto Open Patent Alliance (COPA) initiated the court case, aiming to stop Wright from filing lawsuits against developers and others in the cryptocurrency sphere for allegedly infringing on Bitcoin’s intellectual property. Throughout the trial, which lasted a month, the judge found the evidence against Wright’s claim convincing and announced he would detail his findings in a forthcoming…
Government-led investments in crypto are increasingly plausible – but not at that rumored size. Original
After about a 70% rise in 2024 to a new record high just shy of $74,000, bitcoin was surely vulnerable to a correction and it could be that the inflation, interest rate and dollar news has given traders an excuse to lighten up. After touching $73,800 earlier Thursday morning, bitcoin slid to as low as $70,650 after the economic data. At press time it was trading at $70,900 down more than 3% over the past 24 hours. The broader CoinDesk 20 Index was lower by just 1.7%, with gains in…
Cardano is yet to venture into the $0.8 price level this year, despite most cryptocurrencies breaking past old price levels. Although the blockchain has seen some exciting developments, the price action has been a little bit behind when compared to its peers. However, Cardano continues to give investors a glimmer of hope, as activity keeps soaring to new highs. On-chain data shows that the active addresses on the Cardano network are spiking, with the monthly active count reaching its highest in the past year. Monthly Cardano Active Addresses Hit One-Year…