Author: cryptotechbro
SUNNYVALE, Calif., Oct. 01, 2024 (GLOBE NEWSWIRE) — Matterport, Inc., today unveiled a groundbreaking suite of new tools designed to reshape the way professionals design, build, and market properties. Through the power of generative AI, Matterport users can now easily reimagine the potential of any space, transforming digital twins from static replicas into dynamic canvases for creativity. “Our Fall 2024 Release empowers users to unlock the full potential of Matterport,” said RJ Pittman, Chairman and CEO of Matterport. “Imagine being able to defurnish a home with one click or generate stunning property descriptions automatically, using just the data from your digital twin. These tools…
A recent study has found that despite the long-held belief that crypto assets facilitate criminal activity, perpetrators still overwhelmingly prefer cash for their illicit transactions. This revelation, published by Fortune and sourced from the Crypto Information Sharing and Analysis Center (CryptoISAC), challenges the narrative that digital assets are the first choice for criminal organizations such as Hamas. TradFi Systems Estimated To Launder Up To $2 Trillion Annually The study, “Blockchain’s Role in Mitigating Illicit Finance,” was developed in collaboration with Robert Whitaker, the director of law enforcement affairs at Merkle Science and a former supervisory special agent at the Department…
Cardano price started a fresh decline from the $0.3850 resistance. ADA is consolidating above $0.3350 and might attempt a recovery wave. ADA price started a downward move below the $0.3550 support level. The price is trading below $0.350 and the 100-hourly simple moving average. There is a short-term bearish trend line forming with resistance at $0.3480 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could continue to move down if it stays below the $0.360 resistance zone. Cardano Price Dips Again After testing the $0.4150 resistance, Cardano struggled to continue higher. ADA formed a…
According to CoinGecko, Worldcoin currently has a market capitalization of approximately $792 million and a 494 million circulating supply.
PRESS RELEASE – Dexory, the leading robotics and data intelligence company, today announced it has successfully closed an $80 million Series B funding round. The round was led by DTCP, with participation from Latitude Ventures, Wave-X and Bootstrap Europe, along with existing investors Atomico, Lakestar, Capnamic and several angels from the logistics industry. As part of this investment, DTCP’s Michael Rager joins Dexory’s board of directors. “We are incredibly excited about the momentum we’ve built over the past 18 months” Post this The new funding, made up of a mix of equity and growth debt, will support an expansion of…
What We’re Reading: Bitcoin: A Global Liquidity Barometer I have been intrigued by the significant increase in global liquidity during 2024, driven by extensive money printing and debt expansion, and how it impacts Bitcoin’s price. Bitcoin is an expression against the government’s monetary expansionist policies, so its price follows global liquidity, as seen here on this chart.It was fascinating to read the recent report by Lyn Alden and Sam Callahan analyzing Bitcoin’s correlation to global liquidity. This further reconfirmed my view that more monetary expansion drives more people to Bitcoin, increasing prices. Their rigorous analysis found that over 12-month periods, Bitcoin’s price moves…
This article explores cloud mining, with a focus on BitconeMine as the leading platform to help you start earning $700 or more per day. In the fast-paced world of cryptocurrency, simplicity and profitability are key. For beginners seeking an attractive option to earn a steady income with minimal effort, cloud mining offers an attractive alternative. BitconeMine provides users with a one-click convenient cloud mining platform that utilizes AI core technology that incorporates GPU systems and renewable energy. Allowing you to earn up to $1730 per day. Cloud mining has long been trusted by cryptocurrency enthusiasts because it is easy to…
Bitcoin is now trading at a crucial level following a 5% dip from its recent local highs of around $66,500. The entire crypto market is experiencing volatility, yet investors remain optimistic about the months ahead. The Federal Reserve’s decision to cut interest rates has significantly boosted market sentiment, fueling expectations for a strong recovery. Key data from CryptoQuant reveals that the average BTC investor has seen impressive returns this year, further bolstering the positive outlook. Despite the recent pullback, many investors believe that Bitcoin’s long-term trend remains bullish, with some expecting a potential surge in the coming weeks. As the…
Several companies could enter the stablecoin market in the near future. BitGo has already confirmed its token. Crypto custodian BitGo unveiled a new stablecoin on September 19, joining several other dollar-pegged tokens currently on the market. The company said that its stablecoin, called USD Standard, will be available starting in January 2025 under the ticker USDS. The stablecoin will have 1:1 backing with the U.S. dollar through short-duration T-bills, overnight repos, and cash, which will guarantee high liquidity and low risk. BitGo will have leading accounting firms perform audits on a monthly basis and will publish real-time proof-of-reserves for transparency.…
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…