Crypto News

Discover how the International Telecommunication Union (ITU) transitioned to open source, fostering global collaboration and enhancing digital inclusivity. (Read More)Source link

The leading cryptocurrency soared to $122K Wednesday morning as the broader crypto market broke the $4 trillion threshold once again this week. Growing Bets on Fed Rate Cut in September Send Bitcoin Higher Bitcoin topped $122K on Wednesday as expectations of an interest rate cut by the U.S. Federal Reserve in September increased to 99.9%Source link

Filecoin (FIL) posted a 3.7% surge during the 24-hour trading session, rising from $2.61 to $2.71 alongside institutional accumulation signals, according to CoinDesk Research's technical analysis model.The model showed that trading volume exploded above 7 million during peak trading hours, substantially outpacing the daily average of 3.47 million as market participants protected the $2.60 support zone.Filecoin's latest price movement indicates rising institutional appetite for decentralized storage technologies as conventional cloud service providers encounter heightened examination regarding data sovereignty issues. The rally in FIL came as the wider crypto market rose, with the broader market gauge, the Coindesk 20, up 3.2%.In recent trading, Filecoin was 3.5% higher over 24 hours, trading around $2.71.Technical Analysis:Price built strong support at $2.60 with substantial...

NVIDIA's CUDA-QX 0.4 introduces advanced features for quantum error correction and application development, streamlining processes for researchers in quantum computing. (Read More)Source link

Fintech giants Stripe and Circle have unveiled plans to launch their own layer one (L1) blockchains, sparking widespread controversy in the cryptocurrency space over potential market fragmentation and rivalry with layer two (L2) platforms. Crypto Community Questions L1 Products by Stripe and Circle Stripe’s Tempo, revealed earlier this week, is described as a high-performance, payments-focusedSource link