Trump-Backed Crypto Project World Liberty Plans to Issue Stablecoin, Sources Say. The news comes amid growing interest in stablecoins, a type of cryptocurrency pegged to the value of a fiat currency like the US dollar. With no further details provided, it remains unclear what impact this new development will have on the crypto market.
Source: https://decrypt.co/288636/trump-crypto-world-liberty-financial-stablecoin
Bitcoin's bullishness continues, with exchange-traded funds (ETFs) adding nearly $1 billion ahead of the US election. This surge in investment has driven up the cryptocurrency's value, with Bitcoin reaching a new high. The trend is attributed to increased optimism around its potential use as a store of value and growing institutional interest.
Source: https://decrypt.co/288631/bitcoin-bullishness-etfs-add-billion-election
Robinhood, a popular investment app, has launched a US Presidential Election prediction market, allowing users to buy and sell contracts predicting the outcome of the election. The platform aims to provide a unique way for Americans to engage with politics and potentially profit from their predictions.
Source: https://decrypt.co/288635/robinhood-us-presidential-election-prediction-market
Bitfinex, a leading digital asset trading platform, has announced the integration of Tether (USDt) deposits and withdrawals on the Aptos blockchain. This development aims to enhance transaction speed and reduce costs for users. The Aptos blockchain is known for its speed, scalability, and low transaction fees.
Source: https://Blockchain.News/news/bitfinex-enables-tether-usdt-transactions-on-aptos-blockchain
Parallel, an Ethereum-based card battler game, is set to host its $250,000 esports championship in Las Vegas. The event aims to bring together top players from around the world to compete for a share of the massive prize pool. This marks a significant milestone for Parallel as it continues to grow its player base and expand its esports presence.
Source: https://decrypt.co/288620/ethereum-parallel-league-championship-esports-vegas
Hong Kong and Brazil have announced a significant partnership to explore cross-border tokenization initiatives. The collaboration aims to leverage central bank digital currency (CBDC) infrastructures, integrating the Ensemble Sandbox and Drex pilot platform for innovative financial solutions. This joint venture will investigate payment-versus-payment and delivery-versus-payment settlement use cases, with potential applications in trade finance and carbon credits.
Source: https://Blockchain.News/news/hong-kong-brazil-collaborate-cross-border-tokenization
Binance Supports Shentu Network Upgrade and Hard Fork, Temporarily Suspends Deposits and Withdrawals
Source: https://Blockchain.News/news/binance-shentu-ctk-network-upgrade
"Defi exchange aggregator 1inch has announced a partnership with the Bruce Lee Family Company for an ad campaign promoting crypto and decentralized finance (DeFi) adoption. The "Take Crypto SeriousLee" campaign aims to shift public perception from speculation to practical financial systems, using Bruce Lee's ethos and likeness. The partnership builds on 1inch's inspiration from Lee's values of integrity, resilience, and a serious approach.
Source: https://decrypt.co/288608/take-crypto-seriouslee-1inch-bruce-lee
Bitcoin's price has jumped ahead of key US inflation and jobs reports. The cryptocurrency's value surged to $68,775.00, potentially driven by expectations of strong economic data. As the markets await crucial figures on inflation and employment, investors are cautious but optimistic about the future outlook.
Source: https://decrypt.co/288583/bitcoin-price-jumps-us-inflation-jobs-reports
Vitalik Buterin, co-founder of Ethereum, has responded to criticism from the Ethereum Foundation. In a statement, he urged critics to "show some respect" and acknowledged the importance of constructive feedback in the development of blockchain technology.
Source: https://decrypt.co/288561/vitalik-buterin-hits-back-at-ethereum-foundation-critics-show-some-respect
Sotheby's is set to auction a unique portrait of Alan Turing, created by a humanoid robot named Ai-Da. The artwork, titled "A.I. God," is expected to fetch between $120,000-$180,000 and will be featured in Sotheby's Digital Art Sale from October 31 to November 7. The piece combines haunting imagery with muted tones and features the Bombe machine, Turing's code-breaking device.
Source: https://decrypt.co/288546/sothebys-auction-ai-god-alan-turing-portrait
Metaplanet's stock soars 8% as its Bitcoin holdings reach $69 million. The company's significant investment in cryptocurrency has paid off, with its value increasing significantly.
Source: https://decrypt.co/288542/metaplanet-stock-jumps-8-bitcoin-holdings-swell-69-million
Hong Kong is considering introducing tax incentives for sophisticated crypto investors, aiming to attract more capital into its financial system. The move comes as the city seeks to boost its economic growth and competitiveness in a rapidly changing global landscape.
Source: https://decrypt.co/288540/hong-kong-mulls-tax-incentives-for-sophisticated-crypto-investors
Binance, the world's largest cryptocurrency exchange by trading volume, is facing challenges, according to a recent report by Bloomberg. This news has sparked questions about the future of BNB (Binance Coin), with some wondering if it will reclaim its previous price of $600. The report highlights concerns over liquidity and market volatility, but also notes the exchange's efforts to improve user experience.
Source: https://www.newsbtc.com/analysis/bnb/bnb-price-reclaim-600/
XRP price holds steady, testing $0.5120 zone. After extending losses, it may attempt to clear the area. The market continues to consolidate, leaving investors awaiting a potential shift.
Source: https://www.newsbtc.com/analysis/xrp/xrp-price-holds-steady-0-5320/
Ethereum's recent price performance has been marked by a slight dip, but it has shown resilience in bouncing back with a 2.84% increase over the past 24 hours. This development comes amidst ongoing market volatility and raises questions about the cryptocurrency's ability to overcome its current slowdown.
Source: https://www.newsbtc.com/analysis/eth/ethereum-price-lacks-traction-2520/
Blender Cycles Integrates with Render Network's Closed Beta for Decentralized Rendering
The Render Network has announced that Blender Cycles, a renowned GPU ray-tracing render engine, has joined its closed beta program. This integration aims to provide millions of artists with access to decentralized GPU cloud rendering power, enhancing the capabilities of the leading open-source 3D ecosystem.
Source: https://Blockchain.News/news/blender-cycles-joins-render-network-closed-beta
NVIDIA SHARP Revolutionizes In-Network Computing for AI and Scientific Applications
NVIDIA has introduced SHARP, a groundbreaking technology that optimizes data communication in distributed computing systems. This innovation addresses the challenges of traditional collective communications, such as latency and network contention, by migrating responsibility to network switches. As a result, it reduces data transfer and minimizes server jitter, leading to enhanced performance.
Source: https://Blockchain.News/news/nvidia-sharp-revolutionizing-in-network-computing
"A recent surge in ETFs and cryptocurrencies has seen the total value of ETFs near $1 million, with Tesla's stock soaring. Additionally, Moodeng has been listed on Binance. These developments highlight the growing interest in digital assets and the potential for new investment opportunities."
Source: https://decrypt.co/videos/interviews/wdy8C3HF/etfs-near-1m-btc-tesla-soars-moodeng-listed-on-binance
This week in crypto games, "Champions Tactics" has released, while "X Empire" is set for an airdrop. Additionally, the tokens for "Tomarket" and "MemeFi" are up next. These developments showcase the growing interest in crypto gaming and its potential for innovation.
Source: https://decrypt.co/288093/this-week-crypto-games-champions-tactics-x-empire-tomarket-memefi