Saturday 3 December 2022
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Nvidia ups its metaverse bet with new developer tools

Hardware maker Nvidia is ramping up its efforts to make a stand in the Metaverse. On Tuesday, the company revealed a new set of developer tools focused on metaverse environments, including new AI capabilities, simulations and other creative assets. Creators utilizing the Omniverse Kit, along with apps such as Nucleus, Audio2Face and Machinima, will be able to access the new upgrades. Nvidia says one primary function of the tools will be to help enhance building "accurate digital twins and realistic avatars." The quality of metaverse interaction is a hot topic in the industry, as developers and users ponder the quality of experiences over the quantity. One example of this could be seen during the first-ever metaverse fashion week, which happened in spring. Overwhelmingly stated in the feedback of the event was the lack of quality in the digital environments, garments and particularly the avatars with which people interacted. The new Nvidia toolkit includes the Omniverse Avatar Cloud ..

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What is a trading journal? And how to use one

Monitoring price changes using charts is one way to stay updated on the market trends. However, technical or fundamental analyses and tracking other market metrics are not the only means of becoming a successful trader. For example, a disciplined approach that includes maintaining a trading journal would protect you from making emotional decisions concerning your financial investments. In this article, we will discuss the benefits of a trading journal and how to create and use it. What is a trading journal?A trading journal records your trades and their outcomes and gives a summary of your trading experience. However, it is not a brokerage account statement as one can find the reasons behind opting for or avoiding a trading strategy. All successively executed trades are methodically planned, and a trading journal can be a record of the performance of each trading strategy. Regardless of how the market performs, you can adequately assess the potential of a particular trade using a tradi..

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Celsius community rally to perform another short squeeze attempt

The Celsius (CEL) community has rallied on Twitter once again to fight off short positions against its favored crypto token despite multiple challenges faced by the exchange, including bankruptcy and rumors of the company’s CEO fleeing from the United States. Thousands of tweets with the #CelShortSqueeze hashtag have been posted on the social media platform, advertising their long positions on CEL while encouraging others to do the same and post more content about the short squeeze. According to Twitter user Logantheinvestor, the community is “at war with the shorts.” Another user posted: Short-selling is a strategy that lets investors earn from the decline of a token or a share. It involves borrowing shares and immediately selling to purchase at a lower price later. On the other hand, a short squeeze happens when opposing investors start to mass purchase a shorted asset, and instead of the prices falling, it pumps up, leading to losses for short sellers. This is not the first time t..

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California regulator orders Celsius to stop selling securities in the state

The Department of Financial Protection and Innovation of California (DFPI) continues to bring actions against crypto interest account providers for failing to comply with the local law. After commanding BlockFi and Voyager to stop their offerings in the state, the DFPI issued a desist and refrain order to crypto lending firm Celsius. The order simply means that the crypto lending platform, which is undergoing the bankruptcy procedure, should stop all of its further operations on the sale and marketing of securities in the state of California. The order had been published on Monday and claims that Celsius Network and its CEO, Alex Mashinsky, made material misrepresentations and omissions in the offer of crypto interest accounts, particularly in understating the risks of depositing digital assets. According to the DFPI, the unmentioned risks include the risk that third-party custody services might lose access to digital assets; lenders would be unable to return Celsius’ collateral on ..

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Is this the Best New Meme Coin to 10x? Tamadoge Set to Overtake Dogecoin

When it comes to finding a project likely to 10x, new meme coins tend to be a great choice. Fueled by hype following the rise to fame of Dogecoin and Shiba Inu, meme coins often offer massive upside potential. Throughout this article, we’ll be taking a close look at the best meme coin of the year, explaining why it’s likely to explode, and detailing the process of purchasing it. Let’s take a look. The Best New Meme Coin to 10x – Our #1 Pick Not every project is equal. However, we’re happy to say that we’ve managed to locate the best new meme coin on the market. We’ve included a quick overview of the project below and also done the research to offer a comprehensive review of the project in the section that follows. 5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now! Tamadoge – Best New Meme Coin Packed to the Brim with Utility A Closer Look at the Best New Meme Coin – Tamadoge Now that we understand the concept of Tamadoge, i..

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Voyager Digital reportedly had deep ties with SBF-owned Alameda Research

Voyager Digital, the crypto lending firm that went bust due to the crypto contagion initiated by Three Arrow Capital’s (3AC) insolvency is currently fighting its bankruptcy court battle. The court proceedings and financial documents have shown a deep relation between the crypto lending firm and the Sam Bankman Fried-owned Alameda Research. Alameda is a quantitative trading firm that was also one of many borrowers from Voyager and reportedly owed $370 million. However, within weeks of 3AC's downfall, Alameda moved from a borrower to a lender and offered a $500 million bailout in late June. SBF took to Twitter to give insights on the bailout deal that eventually became the point of conflict for Voyager. The troubled lender's legal team claimed that the CEO was trying to create leverage for the trade. Legal documents and financial papers point toward the ties between the two companies as early as September 2021. The same documents also indicate that Alameda borrowed much more i..

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Bitcoin braces for US inflation data as CPI nerves halt BTC price gains

Bitcoin (BTC) hit multi-day lows on Aug. 10 as crypto traders braced for impact with fresh United States inflation data. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: Market “could get ugly” if CPI keeps risingData from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $22,668 on Bitstamp at the most recent daily close — its lowest since Aug. 5. Bullish momentum had evaporated during the day prior, and the mood among traders was firmly risk-off as markets awaited the latest Consumer Price Index (CPI) readout. Covering July, the data was due at 8:30 am Eastern time on Aug. 10, with expectations demanding it show that U.S. inflation had already peaked. “CPI prints have been pretty pivotal for BTC price action,” Blockware lead insights analyst William Clemente wrote in part of a tweet about the event, adding that CPI would form a “big day” for crypto. An accompanying chart showed the impact of previous CPI readouts on BTC/USD. BTC/USD annotated char..

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DeFi needs a ‘killer app’ to go next level, says Ripple exec

A “killer app” for consumers is what will be needed to bring the decentralized finance (DeFi) sector to a level that draws in a mainstream audience, said Ripple Lab’s head of DeFi markets Boris Alergant. Alergant made the comments during a panel at the Blockchain Futurist Conference titled “The Future of Decentralized Finance” on Tuesday, which was covered by Cointelegraph reporters on the ground in Toronto, Canada. Alongside Alergant, Aventus Ventures CEO Kevin Hobbs, FLUIDEFI co-founder and CEO Lisa Loud, and Teller Finance CEO and co-founder Ryan Berkin also featured on the panel. The general sentiment among the panelists was that centralized finance institutions will ultimately push DeFi toward mainstream adoption. Alergant suggested that growth will likely come from a user-friendly CeFi app that offers exposure to DeFi services: “For an average user, you tell your mom how to go out and stake on Aave or ETH [...] and this is a process. She doesn’t know how to use MetaMask, but s..

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Iran makes $10M import with crypto, plans ‘widespread’ use by end of Sept

Struggling through decades of economic sanctions, Iran has placed its first international import order using $10 million worth of cryptocurrency, according to a senior government trade official. News that the Islamic republic placed its first import order using crypto was shared by Iran’s Deputy Minister of Industry, Mine & Trade Alireza Peyman-Pak in a Twitter post on Tuesday. While the official did not disclose any details about the cryptocurrency used or the imported goods involved, Peyman-Pak said that the $10 million order represents the first of many international trades to be settled with crypto, with plans to ramp this up over the next month, noting: “By the end of September, the use of cryptocurrencies and smart contracts will be widely used in foreign trade with target countries.”Iran was, up until February this year, the most sanctioned country in the world. Iran gets most of its imports from China, the United Arab Emirates (UAE), India, and Turkey, according to Trading Eco..

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Tether also confirms its throwing weight behind the post-Merge Ethereum

Hot on the heels of an official announcement from USD Coin (USDC) issuer Circle Pay, stablecoin giant Tether has now also officially confirmed its support behind Ethereum’s upcoming Merge upgrade and switch to a proof-of-stake (PoS) consensus mechanism-based blockchain. The announcement came on the same day as its stablecoin competitor, who pledged they will only support Ethereum’s highly anticipated upgrade. In a Tuesday statement, Tether labeled the Merge one of the “most significant moments in blockchain history” and outlined that it will work in accordance with Ethereum’s upgrade schedule, which is currently slated to go through on Sept. 19: “Tether believes that in order to avoid any disruption to the community, especially when using our tokens in DeFi projects and platforms, it’s important that the transition to POS is not weaponized to cause confusion and harm within the ecosystem.”“Tether will closely follow the progress and preparations for this event and will support POS Et..

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