Top crypto tweets of the day – August 9th

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• Thailand imposes stricter crypto regulations, prioritizing investor protection

  TL;DR Breakdown Thailand’s SEC has banned crypto exchanges from offering lending services, mirroring a similar move by Singapore​. The rules, influenced by past crypto crises, prohibit using customer funds for lending or investment. New investor suitability assessments will limit how much users can invest in cryptocurrencies, effective from July 31, 2023​ Description Thailand’s Securities and Exchange Commission (SEC) has enacted a series of guidelines for digital asset service providers. Following a similar action by Singapore, Thailand has become the second Southeast Asian country to ban crypto exchanges from offering lending services​. This development is the result of discussions that began in September 2022, with the primary objective … Read more Thailand’s Securities and Exchange Commission (SEC) has enacted a series of guidelines for digital asset service providers. Following a similar action by Singapore, Thailand has become the second Southeast Asian country to ban crypto exchanges from offering lending services​. This development is the result of discussions that began in September 2022, with the primary objective of enhancing the security of cryptocurrency investors. A key feature of these regulations is a…

  Article 2023年7月6日

• Cardano price analysis: ADA continues bearish run below $0.40 demand zone

  TL;DR Breakdown . Cardano price remains persistently bearish . Price struggles to test first resistance at $0.40 . ADA RSI settled in oversold zone Cardano price analysis shows its bearish run extending in a sideways trend, as price dropped as low as $0.35 over the past 24 hours. ADA price has remained in downtrend since May 6, when it last hit the $0.40 resistance point. Since then, in a series of downward and horizontal movement, price has remained well below the first resistance point. The ‘Ethereum killer’ continues its sideways movement on the daily chart, with trading volume dropping 9 percent over the past 24 hours, and market capitalisation dipping to $16,243,863,162. The larger cryptocurrency market showed downtrending reds across the board, with Bitcoin dropping below the $27,000 mark with a minor decrement, and Ethereum falling back to $1,800. Among leading Altcoins, Ripple lost 2 percent in moving down to $0.45, whereas Dogecoin and Polkadot also dropped 2 percent each, to move down to $0.07, and $5.30, respectively. Cardano price analysis: Cryptocurrency heat map. Source: Coin360 Cardano price analysis: RSI…

  Article 2023年5月23日

• Bank of America reveals top AI chip war winners

  TL;DR Breakdown Nvidia is the leading player in the AI chip industry, according to Bank of America. Marvell Technology and Broadcom, networking chip manufacturers, are also expected to benefit from long-term demand in Ethernet networking. Demand for faster data speeds could create a $1.4 billion opportunity in optical interconnect space, where Marvell holds more than a 75% market share. Description The landscape of artificial intelligence (AI) in the semiconductor industry is evolving, with Nvidia continuing its reign in the sector. However, the lens is also shifting towards networking chip manufacturers, Marvell Technology and Broadcom, who are projected to reap benefits from the long-term demand for their Ethernet networking offerings. This is according to recent analysis … Read more The landscape of artificial intelligence (AI) in the semiconductor industry is evolving, with Nvidia continuing its reign in the sector. However, the lens is also shifting towards networking chip manufacturers, Marvell Technology and Broadcom, who are projected to reap benefits from the long-term demand for their Ethernet networking offerings. This is according to recent analysis by Bank of America. The rising importance…

  Article 2023年6月25日

• Revolutionary Worldcoin Token Unveiling: A Game-Changer for Global Challenges

  TL;DR Breakdown Worldcoin token, created by Sam Altman, to launch with ambitious plans to address online identity authentication and income inequality using advanced AI technologies. Unveiling the potential to reshape the crypto industry, Worldcoin’s innovative approach promises to be a game-changer in solving pressing global challenges. Description In a landmark move set to reshape the cryptocurrency landscape, the Worldcoin token, created in part by OpenAI CEO Sam Altman, is poised to make its debut on the global stage. Industry insiders have been buzzing with anticipation as the token aims to tackle two critical issues plaguing modern society: online identity authentication and income … Read more In a landmark move set to reshape the cryptocurrency landscape, the Worldcoin token, created in part by OpenAI CEO Sam Altman, is poised to make its debut on the global stage. Industry insiders have been buzzing with anticipation as the token aims to tackle two critical issues plaguing modern society: online identity authentication and income inequality. While the Worldcoin project has faced controversy in Silicon Valley due to its unconventional approach, recent revelations about leveraging…

  Article 2023年7月24日

• LUNC and LUNA show promise as Terra Luna faces crucial vote

  TL;DR Breakdown Terra Luna Classic is voting on Proposal 11780 to increase the minimum deposit for proposals from 1 million to 5 million LUNC. The proposal aims to combat the rise in spam and irrelevant proposals. The L1 Terra Classic Task Force is preparing for a core upgrade (v2.2.1) scheduled for September 12 at 9.57 UTC. Description The Terra Luna Classic community is currently voting on Proposal 11780. This initiative aims to combat the surge in spam proposals by raising the minimum deposit amount from 1 million to 5 million LUNC. The proposal comes when the crypto market is buzzing with activity, especially ahead of the v2.2.1 core upgrade scheduled for September … Read more The Terra Luna Classic community is currently voting on Proposal 11780. This initiative aims to combat the surge in spam proposals by raising the minimum deposit amount from 1 million to 5 million LUNC. The proposal comes when the crypto market is buzzing with activity, especially ahead of the v2.2.1 core upgrade scheduled for September 12 at 9.57 UTC. The community’s validators are in agreement….

  Article 2023年9月10日