Category: CryptoX News

Beercoin price hits all-time low as trader predicts a rebound

Beercoin price continued its downward on Friday and has now dropped in 10 of the past 11 days, pushing its total market cap from over $307 million to just Beercoin price has.crashed Beercoin’s crash happened as many insiders dumped their tokens in a bid to take profits. This trend pushed more traders and investors to exit their positions. The crash also coincided with the weak performance of Bitcoin and other altcoins. Bitcoin has moved below $64,000 while LayerZero dumped by over 23% as predicted on Thursday. Other meme coins like…

Gemini Founders Donate $2 Million in Bitcoin to Donald Trump to End Biden’s ‘War on Crypto’

Crypto exchange Gemini’s co-founders, Cameron and Tyler Winklevoss, have donated $1 million each in bitcoin to Donald Trump’s presidential campaign. Tyler criticized the Biden administration for allegedly weaponizing government agencies, as well as the U.S. Securities and Exchange Commission (SEC), against the crypto industry. Cameron echoed these sentiments, declaring Trump as the pro-bitcoin, pro-crypto, and […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Fintech Giant Flutterwave Partners With Nigerian Anti-Graft Body to Launch Cybercrime Center

Flutterwave, a Nigerian fintech startup, has partnered with the Economic and Financial Crimes Commission (EFCC) to establish a cybercrime research center. This strategic initiative aims to intensify the fight against internet crime, enhance the security of business transactions, and provide opportunities for Nigerian youth. The partnership was formalized through a Memorandum of Understanding (MoU) signed […] Source CryptoX Portal

Fidelity discloses $4.7 million seed investment for its spot Ether ETF

Fidelity has amended its S-1 filing for a spot Ethereum ETF, according to documents filed with the U.S. Securities and Exchange Commission (SEC) on Friday. The asset management firm is the first to file an amended S-1 Registration Statement with the SEC, kicking off what ETF analysts say could be a busy day for firms looking to secure approval to list spot Ether ETFs. Fidelity’s amends S-1 filing Fidelity’s filing disclosed a $4.7 million seed investment for its ETF, with affiliate FMR Capital having purchased 125,000 shares to seed the…

Anthropic Launches Claude 3.5 Sonnet, Surpassing Openai’s Chatgpt

Anthropic, one of the largest artificial intelligence (AI) companies in the market, has released the latest iteration of its in-house large language model (LLM) Claude, identified as 3.5 Sonnet. Anthropic claims this new assistant competes with Openai’s GPT-4o, surpassing the latter in several benchmarks including Graduate Level Reasoning, Grade School Math, Multilingual Math, and Code. […] Source CryptoX Portal

LayerZero price suffers a harsh reversal as traders bet on a rebound

LayerZero price suffered a harsh reversal on Friday, erasing all gains made on Thursday after its airdrop. LayerZero plunged to $3, down from this week’s high of $4.57. As it dropped, the token’s market cap fell below the $1 billion mark at $745 million. LayerZero price chart LayerZero’s price, which we predicted, happened as the crypto industry went through a major sell-off with most tokens falling by double digits. Bitcoin dropped below the key support of $64,000 while the market cap of all tokens fell to $2.33 trillion.  It also…

The Best Audiobooks for Roadtrips of Any Length

A vacation is a great excuse to dive into a good book. This summer, consider listening to one instead. The 26 best audiobooks for road trips as selected by TIME include a deep dive into Dolly Parton’s songwriting, a celebrated Ann Patchett novel, and a collection of Agatha Christie’s greatest mysteries.  Those looking to upgrade their travel playlists can revisit a childhood classic narrated by Anne Hathaway or enter Sarah J. Maas’s multiverse of romantasy. Catch up on recent notable releases from Silvia Moreno-Garcia, Hanya Yanagihara, and George Saunders. Let…

Fantom Foundation Allocates $120 Million to Accelerate Migration to Sonic

The Fantom Foundation has unveiled a treasury allocation of 200 million FTM, approximately $120 million USD, to expedite the migration of partners to its new Sonic network. This allocation includes native application grants, strategic grants to decentralized applications (dapps), and first-class infrastructure tools and partners for developers and users. The Foundation is said to be […] Source CryptoX Portal

Neo and Phoenix Join Forces: Skynet to Power New Era of AI-Enhanced Blockchain Technology

Neo has announced a partnership with Phoenix, a decentralized Artificial Intelligence (AI) infrastructure provider. This collaboration aims to blend AI with Neo’s blockchain infrastructure, marking a significant advancement in decentralized AI technology. The partnership will focus on the development of AI-enabled blockchain tooling on Neo X, an EVM-compatible sidechain, and will leverage Phoenix’s AI technology […] Source CryptoX Portal

Will Lido DAO (LDO) bull run continue

As of June 21, 2024, Lido has experienced a surge of 20.57% in the past seven days. However, the likelihood of continued upward movement seems limited. The primary factor is its proximity to a historical resistance level at $2.30 on the daily timeframe. This resistance level has historically posed a significant barrier, and without a decisive breakout above $2.30 and, subsequently, $2.40, sustained upward momentum remains doubtful. Technical Indicators Resistance and Support Levels Current resistance: $2.30 Additional resistance: $2.40 Support level: $2.00 TradingView Relative Strength Index The current RSI is…