Author: admin

Lumoz has made a major advancement in blockchain technology by integrating Zero-Knowledge (ZK) Proof into its OP Stack architecture. This innovation, called zk-proposer, improves blockchain performance by simplifying integration, reducing maintenance costs, and ensuring network stability. This new technology is an important step in addressing the growing need for scalability and reliability in the blockchain ecosystem, making it a notable development for the industry. zk-proposer enhances existing OP stacks by incorporating ZK Proofs, replacing traditional challenge mechanisms with a more efficient non-interactive system. This advancement is designed to reduce verification time and ensure a smooth transition between the OP stack…

Zanzibar has introduced a national blockchain sandbox aimed at providing a safe environment for startups to experiment with innovative technologies before expanding their operations. Developed in collaboration with LedgerFi IT Solutions and powered by the XinFin Powering XDC network, the initiative aims to not only support local innovation but also elevate Zanzibar as a hub for regional technological advancement. The National Blockchain Sandbox provides startup founders the opportunity to safely test their technology within a network with advanced encryption and multi-layered security protocols. This initiative will support the development of blockchain solutions, artificial intelligence (AI), and other emerging technologies, creating…

Ripple CEO Brad Garlinghouse recently shared his views on the election and voter expectations, noting that voters are interested in cryptocurrencies and Ripple’s native token, XRP. . “Voters care about cryptocurrencies, and they care about XRP. This is not a niche issue. They drive innovation and create jobs. We want real policy.” Voters are interested in cryptocurrencies and they are interested in XRP, but it is not a niche issue. They want real policies that drive innovation and create jobs. Candidates who ignore cryptocurrencies and blockchain risk losing significant support from a growing and knowledgeable electorate. https://t.co/PfrjjyzCBn — Brad Garlinghouse…

If XRP closes the daily candlestick above the $0.558 level, it could surge 17% and reach the $0.65 level. These on-chain indicators combined with technical analysis make it appear that the bulls are in control of the asset. As bullish market sentiment continues across the crypto industry, XRP has finally emerged from an extended period of decline, hinting at a potential upside. Whale adds 52 million XRP tokens Blockchain-based transaction tracking company Whale Alert posted on X (formerly Twitter) that a crypto whale withdrew 52 million XRP tokens worth $28.67 million from South Korean cryptocurrency exchange Bybit. Despite the market…

Important points Oklo’s stock soared 22% to a record high on Monday as investors flocked to the nuclear energy startup backed by Sam Altman. Shares have more than doubled in the past month, with a growing consensus among analysts that nuclear energy companies will be big beneficiaries. High-tech hyperscalers are turning to energy sources to power AI data centers. The Relative Strength Index confirms bullish price momentum, but also warns of extreme overbought conditions that could lead to short-term stock declines. The bar pattern predicts the stock’s upside price target. Assuming the stock can follow a basic Elliott Wave pattern…

Ripple co-founder Chris Larsen commented on Brian Armstrong’s post, saying: “It’s time for Democrats to take a new approach to technological innovation, including cryptocurrencies. I believe Kamala Harris will ensure American technology dominates the world, so I’m here to support her.” We are donating $10 million in XRP to Ripple CEO Brad Garlinghouse expressed his support for Chris Larsen and emphasized the importance of bipartisan support for pro-crypto policies, saying: “This is not a partisan issue. It’s about championing policies that advance blockchain and cryptocurrency innovation.” US Presidential Election and SEC Appeal: What’s at Risk for XRP? The outcome of…

Bitcoin has soared above $69,000, marking a significant milestone after two weeks of impressive gains. Since Oct. 10, prices have risen more than 17% and are positioned to test the all-time high of around $73,000 hit in March. This resurrection occurs at a pivotal moment. Key data from Glassnode shows the BTC trend changing from negative to positive, with key indicators suggesting a bullish surge on the horizon. This week will be a particularly important week, especially as the crypto market gains momentum ahead of the US presidential election on November 5th. Political situations often influence market sentiment, and the…

Major cryptocurrencies sharply reversed direction on Monday, reflecting declines in stock prices as the ‘Uptober’ rally stalled. Cryptocurrency +/- Price Rise (Recorded at 8:45 PM EDT) Bitcoin BTC/USD -3.28%$66,950.69 Ethereum ETH/USD -4.26%$2,631.99Dogecoin DOGE/USD -2.13%$0.1421 What happened: Bitcoin fell throughout the day, dropping to an intraday low of $66,580. This retracement occurred just one day after the major cryptocurrency surpassed $69,000 for the first time since early June. Ethereum plunged further, returning to the $2,600 zone. On Sunday, the second-largest cryptocurrency hit its highest level since the first week of August. In the past 24 hours, the total amount of crypto…

Traders work on the floor of the New York Stock Exchange during morning trading on August 23, 2024.Michael M. Santiago | Getty ImagesStock futures were flat in overnight trading after the Dow Jones Industrial Average ended a three-day winning streak.Dow Jones Industrial Average futures fell 37 points. S&P 500 futures fell less than 0.1% and Nasdaq 100 futures fell 0.1%.During Monday’s trading session, the 30-stock Dow Jones Industrial Average fell more than 344 points, or 0.8%, after posting three consecutive winning trading sessions. The S&P 500 fell about 0.2%, but the Nasdaq Composite rose nearly 0.3%. Elsewhere, the 10-year Treasury…

Investors have big questions about Amazon’s long-term earnings potential. Amazon’s (AMZN 0.04%) business has changed dramatically in recent years. The e-commerce giant has more than doubled its delivery infrastructure, expanded its cloud services division and boosted profitability since 2021. As a result of these successes, the company’s stock price reached an all-time high with a valuation of $2 trillion as of mid-October. It remains to be seen how so much good news will come to shareholders over the next few years. But Amazon still has a long way to go to grow and expand its profits. With this positive fact…