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The US Securities and Exchange Commission (SEC) has amended its complaint in the lawsuit against Binance, delivering massively bullish news for Solana (SOL) and Cardano (ADA). This amendment involves a crucial adjustment regarding the classification of ten cryptocurrencies, including Solana and Cardano, which were initially labeled as securities in the SEC’s comprehensive legal action against Binance and its former CEO, Changpeng Zhao. Cardano, Solana Are Not Securities The original complaint, lodged on June 5, 2023, by the SEC, targeted Binance along with its US affiliate, BAM Trading Services Inc. The agency’s charges centered on allegations that these entities operated without…
Credit: NVIDIA PRESS RELEASE —NVIDIA today announced major advancements to Universal Scene Description, or OpenUSD, that will expand adoption of the universal 3D data interchange framework to robotics, industrial design and engineering, and accelerate developers’ abilities to build highly accurate virtual worlds for the next evolution of AI. Through new OpenUSD-based generative AI and NVIDIA-accelerated development frameworks built on the NVIDIA Omniverse™ platform, more industries can now develop applications for visualizing industrial design and engineering projects, and for simulating environments to build the next wave of physical AI and robots. The new offerings include NVIDIA NIM™ microservices for AI models that can generate OpenUSD…
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Meridian has selected CONNECT, AVEVA’s industrial intelligence platform, and a series of EPC 4.0 solutions to create one unified, data-centric approach for the engineering and project execution of their new Davis Refinery. Meridian’s executive team, comprising decades of experience in plant engineering and operations, is the driving force to their adopting innovative technologies that overcome traditional project barriers and disparate systems. With AVEVA’s EPC 4.0 solutions, engineering data is no longer siloed, bringing real-time visibility across the engineering and design stage to procurement and construction, improving final handover and time to operational readiness. “I am thrilled about our partnership with…
Independent US presidential candidate Robert F. Kennedy Jr. made headlines at the Bitcoin 2024 conference by pledging to purchase 4 million Bitcoins for the U.S. government if elected president. Speaking to a cheering crowd, Kennedy outlined his bold plan to integrate Bitcoin into the national economy.”I will sign an executive order directing the U.S. Treasury to purchase 550 Bitcoin daily until the U.S. amasses a reserve of at least 4 million,” Kennedy declared. This would represent nearly 20% of the total Bitcoin supply.Kennedy also said he would transfer the 204,000 Bitcoin currently held by the government into a Federal Reserve…
The anticipated launch of Spot Ethereum Exchange-Traded Funds (ETFs) has yet to translate into a favorable price performance for Ethereum. In fact, some analysts and market participants might argue that the launch of Spot Ethereum ETFs has turned out to be a “sell the news” event. This viewpoint is bolstered by the recent price activity of Ethereum, which experienced a significant decline, dropping to a low of $3,100 after having traded at the $3,500 price level earlier in the week. Despite this, on-chain data provides an intriguing insight. There has been a huge increase in activity among Ethereum whales, with…
Bitcoin has definitely performed on the bullish side for the past three weeks. Many investors are now convinced of the full return of bullish price actions, and various technical indicators support this surge in optimism. One such indicator is the hash ribbon, which highlights a positive price momentum for Bitcoin. Related Reading The hash ribbon provides a compelling view of on-chain activity by tracking the behavior of miners, who are known to have a direct influence on the cryptocurrency’s price. Price Momentum Flips Positive Crypto analyst Ali Martinez highlighted an intriguing phenomenon with the hash ribbon indicator on social media…
A Bitcoin analyst predicts the cryptocurrency’s price could soar above $800,000 following Trump’s promise to integrate it into the US’s strategic reserves.
The University of Wyoming (UW) has established the UW Bitcoin Research Institute, marking the first academic institute dedicated to Bitcoin studies. Dr. Bradley Rettler, an Associate Professor of Philosophy and author of Resistance Money: A Philosophical Case for Bitcoin, has been appointed as the inaugural director, Rettler announced on the Genesis Stage at the Bitcoin 2024 Conference in Nashville.The institute aims to elevate the quality and impact of Bitcoin research by creating faculty positions for Bitcoin research, incentivizing and rewarding good academic research on Bitcoin, encouraging young scholars to pursue Bitcoin research projects, and providing workshops on related papers and…