Author: cryptotechbro
PRESS RELEASE — Third Dimension AI, a 3D Generative AI company, announced today the close of its $7M Seed financing led by Felicis, with participation from Abstract Ventures, MVP, Soma Capital, Solari Capital, and other investors. The capital will be used to expand the Third Dimension team, further train 3D generative AI models that will bring to life Third Dimension’s vision of becoming the leading 3D company. Founded by autonomous vehicle and gaming experts, Tolga Kart, Piotr Sokolski and Özgun Pelvan, Third Dimension was will empower engineers and artists to generate incredibly detailed, high-fidelity worlds—both real and imagined—with a single click. Prior to founding Third Dimension,…
Shiba Inu whales have been noticed recently making a lot of moves despite the high volatility of the meme coin right now. Most importantly, these large whales more than doubled their volume in 24 hours, which could have serious implications for the SHIB price. As the Shiba Inu price is falling, the rise in the whale activity could suggest that these large holders are the ones spearheading the sell-offs. Shiba Inu Whale Volumes Up By 117% IntoTheBlock data has shown a notable uptick in the Shiba Inu whale volume recently. The timeframe of interest here is between October 6 and…
Este artículo también está disponible en español. Crypto analyst Dark Defender (@DefendDark) has issued a bullish forecast for XRP, projecting a price surge above $5.85 based on a confluence of technical indicators and chart patterns. Despite recent market stagnation, the analyst highlights several key factors—including the application of Elliott Wave theory—that suggest a significant upward movement is imminent. Why XRP Looks Still ‘Super Bullish’ According to Dark Defender, the XRP price is currently determined by three trend lines. Two of these trend lines form a symmetrical triangle pattern, while the third—a downward-sloping orange line—represents a long-term downtrend that XRP has…
Bitcoin is range-bound ahead of key US data, with technicals suggesting a potential drop below $56,000.
The world’s biggest Bitcoin event, the Bitcoin 2024 Conference, is kicking off today in Amsterdam. Following the massive conference in Miami earlier this year, Bitcoin leaders are converging in Europe for two days of discussions about the future of Bitcoin.Bitcoin 2024 Amsterdam is expected to draw over 5,000 attendees who will hear from more than 150 speakers on October 9-10.Headliners at the Amsterdam event include Jack Mallers, CEO of Strike, who will discuss “The Bitcoin Revolution.” Elizabeth Stark of Lightning Labs will also lead sessions.Other featured speakers include Blockstream CEO Adam Back, German Parliament member Joana Cotar, and many other…
Ethereum bulls might struggle for momentum at press time, but other onchain data points to interesting developments. While ETH is trading above $2,400 but capped by determined sellers, IntoTheBlock data shows that nearly 30% of all circulating ETH has been staked. Over 34.4 Million ETH Staked In 9 Months As of October 8, IntoTheBlock analysts note that 28.9% of all ETH has been staked. At this level, more holders are committing to tie their stash. The figure is up, rising from 23.8% recorded in January 2024. More than 15.3% of ETH has been staked out of this amount for over…
Tether could remain in the EU market despite its concerns about the impact of MiCA rules on stablecoins. Stablecoin firm Tether will offer a new product in the EU market amidst changing regulations, according to a report from Coindesk. Tether said in a statement that it is developing a technology-based solution that will be “tailor made to serve the necessities of the European market,” adding that it will reveal the technology publicly “in due course.” The company broadly commended the EU’s Markets in Crypto Assets (MiCA) rules while criticizing certain aspects of the new regulations. Tether said: “As we…
Este artículo también está disponible en español. Popcat (POPCAT), yet another memecoin that recently gained momentum, is making headlines as it closes in on an all-time high. In this context, whale activity is peaking for big investors buying millions of tokens. As the market buzz grows, many people are asking what the future holds for this whimsical cryptocurrency. Related Reading Whale Activity Generates Interest Popcat has recently gained attention due to major purchases made by whales. One investor made news by purchasing 2.36 million tokens for approximately $1.75 million, at an average price of $0.68. This investor had previously liquidated…
PRESS RELEASE – The World Economic Forum (WEF) has announced that the Siemens factory in Erlangen, Germany, will become a Digital Lighthouse Factory, part of its the Global Lighthouse Network. The award recognizes leading technology companies that are at the forefront of applying fourth industrial revolution technologies. By following the Green Lean Digital approach, which combines innovative technologies and sustainable practices, the plant has made significant progress, increasing productivity by 69 percent and reducing energy consumption by 42 percent in four years.
Bitcoin’s dip over the last week reduced the likelihood of downside volatility, say analysts from crypto exchange Bitfinex.