Crypto News

XRP has experienced a notable decline of 5% in the past day, trading at $2.42 as of this analysis. Despite the drop, technical indicators across multiple timeframes point to the potential for bullish momentum, with key levels and patterns offering insights for traders and investors. XRP On the daily chart, XRP showcases a strong bullishSource link

Bitcoin inscriptions project OrdinalsBot has minted what it says is the largest file ever on the oldest and most valuable blockchain: the last in a collection of 1,500 "Pizza Ninjas."It's part of a phenomenon in the Bitcoin development community known as "four meggers," which are files that take up an entire block on the network.They are called four meggers because they are almost 4 megabytes (MB) big (the maximum size of each block of transactions on Bitcoin). Ordinals collectors consider them valuable due to their visibility on the blockchain."There's more than just bragging rights behind wanting to have the largest file on Bitcoin," said Toby Lewis, co-founder of OrdinalsBot. "Four meggers will be on the Bitcoin blockchain forever and they...

AMD introduces Nitro Diffusion models, showcasing advanced AI image generation capabilities with high efficiency. The models leverage AMD Instinct MI250 accelerators for training and edge deployment. (Read More)Source link

Bitget, a cryptocurrency exchange that has grown rapidly in recent years to one of the largest, is considering partnerships with U.S. firms to gain a foothold in America, encouraged by the incoming Trump administration's likely pro-crypto stance.Some of the largest crypto exchanges such as Binance, ByBit, OKX and Bitget are prohibited from serving U.S. citizens. Binance.US, the American arm of the largest exchange, has been all but squeezed out as part of a bruising $4.3 billion settlement between its parent company and U.S. authorities.In early 2022, Bitget, which has daily trading volume of around $8 billion, considered starting the process of acquiring U.S. state licenses, said the exchange’s CEO, Gracy Chen. But after the collapse of FTX, the climate didn’t...

Michael Saylor's software firm now has $42 billion worth of Bitcoin after adding 21,550 BTC in MicroStrategy's fifth consecutive weekly buy.Source link