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XRP’s Key Support & Resistance IcoHolder | IDOs News

By Terry Ashton, updated July 19, 2024
The legal clash between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has been a pivotal moment in the cryptocurrency world since it commenced on December 22, 2020. The SEC’s allegations that Ripple Labs, along with CEO Brad Garlinghouse and co-founder Chris Larsen, raised over $1.3 billion through the sale of XRP without proper registration have had significant repercussions. This article examines the latest updates in this ongoing legal battle and offers an updated price prediction for XRP amid these turbulent times.
Recent Developments in Ripple’s Legal Challenge
The SEC has accused Ripple of conducting an unregistered securities offering with its XRP sales, in violation of the Securities Act of 1933. Ripple has contested this, arguing that XRP does not qualify as a security and criticized the SEC for its ambiguous regulatory stance on digital currencies.
Court Rulings: A key ruling on July 13, 2023, by a U.S. District Judge, established that XRP is not classified as a security when traded on exchanges for retail investors. However, XRP is deemed a security when sold directly to institutional investors. This partial victory for Ripple has brought clarity to some aspects of the case but leaves significant questions unresolved.
Impact on the Crypto Industry: The Ripple-SEC case is crucial for the broader cryptocurrency sector. Its outcome could set vital precedents for the regulation of digital assets and shape the future regulatory environment for blockchain technology in the U.S.
Ripple’s Current Position and Market Influence
Ripple Labs CEO Brad Garlinghouse has recently expressed cautious optimism about a potential resolution in an interview with Bloomberg. Garlinghouse indicated that recent judicial decisions might favor Ripple, suggesting a favorable outcome for both Ripple and the cryptocurrency industry at large. This optimism has rejuvenated interest in XRP.
Political Engagement: Ripple’s strategy also includes significant political maneuvers. The company recently donated $1 million to a super PAC supporting a campaign against Senator Elizabeth Warren, known for her critical stance on cryptocurrencies. This move reflects a growing trend of crypto firms influencing regulatory discussions through political contributions.
Market Position: XRP remains a major player in the crypto market, ranking as the sixth-largest cryptocurrency with a market capitalization of approximately $34 billion. This is substantial when compared to Bitcoin’s dominance, which commands a market cap of around $1.3 trillion, encompassing roughly 50% of the total cryptocurrency market.
XRP Price Forecast: Analyzing the Trends
XRP is currently priced at around $0.56492, reflecting a slight decline of 0.80%. Let’s break down the technical indicators and key levels that will influence XRP’s future price movements:
Support and Resistance Levels:
Primary Support: The immediate support level is at $0.55830, supported by the 50-day Exponential Moving Average (EMA) at $0.56724.
Resistance Points: Significant resistance levels are located at $0.57695 (pivot point), with further resistance at $0.59409 and $0.61204.
Technical Indicators:
Relative Strength Index (RSI): Currently at 52.59, the RSI indicates a neutral market condition, suggesting that XRP could experience both upward and downward movements.
Trend Analysis: The upward trendline provides strong support near $0.55830. If XRP can maintain its position above this support level, it may signal a bullish trend. A fall below this support could suggest further declines.
XRP/USD Price Forecast:
Bullish Scenario: A sustained position above $0.55830 could drive upward momentum. Key resistance levels to watch are $0.57695, $0.59409, and $0.61204.
Bearish Scenario: Immediate support at $0.55830 is critical. If XRP breaks below this level, further support levels at $0.54009 and $0.52099 will come into play. Traders should closely monitor these levels to gauge potential downward trends.
Wiener AI: A New Contender in the Crypto Arena
Alongside Ripple’s ongoing legal issues, the cryptocurrency space is also buzzing with the emergence of Wiener AI (WAI), a meme coin that combines playful themes with advanced artificial intelligence.
Presale Success: Wiener AI has attracted substantial interest, with nearly $7.6 million raised during its presale phase, indicating strong market demand.
AI Integration: Wiener AI leverages artificial intelligence to enhance trading strategies, positioning itself as more than just a novelty. This technological innovation aligns with the increasing integration of AI in various sectors, including cryptocurrency.
Staking Opportunities: WAI offers appealing staking options, allocating 20% of its total supply to rewards with an impressive 396% annual percentage yield (APY). This presents a lucrative opportunity for investors seeking passive income.
Market Outlook: Crypto analyst Michael Wrubel has highlighted WAI as a top pick for 2024, suggesting a positive outlook for early adopters. The presale price of $0.00073 is anticipated to rise soon, with the presale concluding in just over 12 days. Prospective investors should act quickly to take advantage of potential early gains.
Conclusion
The Ripple-SEC legal battle remains a crucial development for the cryptocurrency industry, with the outcome likely to influence future regulatory practices. XRP’s price movements are closely linked to these legal developments and technical indicators. Meanwhile, new projects like Wiener AI are injecting fresh dynamics into the crypto market, offering innovative investment opportunities. Staying updated and strategically navigating these evolving trends will be essential for investors aiming to capitalize on the latest market shifts.
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Advantages of Mobile Apps in Gambling: The Example of Pin Up App | IDOs News

By Terry Ashton, updated August 31, 2024
Online gambling is going mobile — over 50% of players are already playing casino games on their mobile devices, and their number is expected to grow further. But does a mobile app have actual advantages over browser-based play? We decided to do more profound research by accessing and trying gambling on a desktop browser, mobile browser, and the app. That allowed us to distinguish casino mobile applications’ key benefits and drawbacks. If you’re considering using one, just keep reading — we will share some helpful insights below.
Benefits of Mobile Play at Pin Up Casino
The rise of online gambling happens for multiple reasons, including the following ones:
- Ultimate accessibility. You can access the app anywhere, even on the go. You don’t need to take additional actions — the casino opens with just one click.
- Lower Internet requirements, offline play. If you play for fun, you can do it even without an Internet connection. If you prefer to play real money, the requirements for an Internet connection will still be much lower because most data is already downloaded to your device.
- Push notifications. You can immediately learn about the new top promotions and the hottest games without checking your email.
- Special bonuses. Sometimes, special bonuses are granted to mobile players. Some casinos may add them occasionally to encourage players to play on apps.
- The same game selection. If a casino is modern and cooperates with top providers, all games will be compatible with mobile devices. For instance, if you play at Pin Up casino online, you can access the same collection of games. That goes not only for slots but also for live games, table games, etc.
- Higher security standards. The app is protected even better than the site. Data is encrypted, and the chance that anyone will access your account is close to zero.
Registration also goes smoothly. Once you sign up on the browser or app, you can access the platform with just one click by entering your Pin Up login and password.
Considering the Cons: Potential Drawbacks of Using a Pin-Up Mobile App
Nothing is perfect, and neither are casino apps. Gamblers should also consider the drawbacks, and the most common ones are as follows:
- Installing software is a must. You need to install the software on your phone. It’s safe if it’s the official casino site and a good product. However, clicking on the wrong link and downloading the wrong APK file may result in problems.
- Battery drain and storage space. It’s no secret that charging the phone all the time is annoying, and innovative slots with top graphics may drain your battery quickly. Also, though most apps don’t take much space (in the case of Pin Up, it’s just about 100 Mb), they still require more effort to manage it.
- Compatibility requirements. Any app will have technical requirements, and most aren’t compatible with old mobile devices and tablets. Also, you’ll need to install updates quite regularly.
- Smaller screen. This is a disadvantage for those who prefer playing on larger screens, particularly those who prefer live dealer games.
Do the pros outweigh the cons for you? If yes, the mobile app will boost your experience. If not, browser play may be a better option.
Final Thoughts: The App vs. Browser Play at Pin-Up Casino
Technology is shaping the industry. Nowadays, there’s no such significant difference between playing on a mobile app and a mobile or desktop browser. You get the same game selection, the same bonuses, and the same smooth experience. So, it’s a matter of taste. Choose what will work best for you and enjoy your play.
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NVIDIA Introduces Fast Inversion Technique for Real-Time Image Editing | IDOs News

Terrill Dicki
Aug 31, 2024 01:25
NVIDIA’s new Regularized Newton-Raphson Inversion (RNRI) method offers rapid and accurate real-time image editing based on text prompts.
NVIDIA has unveiled an innovative method called Regularized Newton-Raphson Inversion (RNRI) aimed at enhancing real-time image editing capabilities based on text prompts. This breakthrough, highlighted on the NVIDIA Technical Blog, promises to balance speed and accuracy, making it a significant advancement in the field of text-to-image diffusion models.
Understanding Text-to-Image Diffusion Models
Text-to-image diffusion models generate high-fidelity images from user-provided text prompts by mapping random samples from a high-dimensional space. These models undergo a series of denoising steps to create a representation of the corresponding image. The technology has applications beyond simple image generation, including personalized concept depiction and semantic data augmentation.
The Role of Inversion in Image Editing
Inversion involves finding a noise seed that, when processed through the denoising steps, reconstructs the original image. This process is crucial for tasks like making local changes to an image based on a text prompt while keeping other parts unchanged. Traditional inversion methods often struggle with balancing computational efficiency and accuracy.
Introducing Regularized Newton-Raphson Inversion (RNRI)
RNRI is a novel inversion technique that outperforms existing methods by offering rapid convergence, superior accuracy, reduced execution time, and improved memory efficiency. It achieves this by solving an implicit equation using the Newton-Raphson iterative method, enhanced with a regularization term to ensure the solutions are well-distributed and accurate.
Comparative Performance
Figure 2 on the NVIDIA Technical Blog compares the quality of reconstructed images using different inversion methods. RNRI shows significant improvements in PSNR (Peak Signal-to-Noise Ratio) and run time over recent methods, tested on a single NVIDIA A100 GPU. The method excels in maintaining image fidelity while adhering closely to the text prompt.
Real-World Applications and Evaluation
RNRI has been evaluated on 100 MS-COCO images, showing superior performance in both CLIP-based scores (for text prompt compliance) and LPIPS scores (for structure preservation). Figure 3 demonstrates RNRI’s capability to edit images naturally while preserving their original structure, outperforming other state-of-the-art methods.
Conclusion
The introduction of RNRI marks a significant advancement in text-to-image diffusion models, enabling real-time image editing with unprecedented accuracy and efficiency. This method holds promise for a wide range of applications, from semantic data augmentation to generating rare-concept images.
For more detailed information, visit the NVIDIA Technical Blog.
Image source: Shutterstock
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AMD Radeon PRO GPUs and ROCm Software Expand LLM Inference Capabilities | IDOs News

Felix Pinkston
Aug 31, 2024 01:52
AMD’s Radeon PRO GPUs and ROCm software enable small enterprises to leverage advanced AI tools, including Meta’s Llama models, for various business applications.
AMD has announced advancements in its Radeon PRO GPUs and ROCm software, enabling small enterprises to leverage Large Language Models (LLMs) like Meta’s Llama 2 and 3, including the newly released Llama 3.1, according to AMD.com.
New Capabilities for Small Enterprises
With dedicated AI accelerators and substantial on-board memory, AMD’s Radeon PRO W7900 Dual Slot GPU offers market-leading performance per dollar, making it feasible for small firms to run custom AI tools locally. This includes applications such as chatbots, technical documentation retrieval, and personalized sales pitches. The specialized Code Llama models further enable programmers to generate and optimize code for new digital products.
The latest release of AMD’s open software stack, ROCm 6.1.3, supports running AI tools on multiple Radeon PRO GPUs. This enhancement allows small and medium-sized enterprises (SMEs) to handle larger and more complex LLMs, supporting more users simultaneously.
Expanding Use Cases for LLMs
While AI techniques are already prevalent in data analysis, computer vision, and generative design, the potential use cases for AI extend far beyond these areas. Specialized LLMs like Meta’s Code Llama enable app developers and web designers to generate working code from simple text prompts or debug existing code bases. The parent model, Llama, offers extensive applications in customer service, information retrieval, and product personalization.
Small enterprises can utilize retrieval-augmented generation (RAG) to make AI models aware of their internal data, such as product documentation or customer records. This customization results in more accurate AI-generated outputs with less need for manual editing.
Local Hosting Benefits
Despite the availability of cloud-based AI services, local hosting of LLMs offers significant advantages:
- Data Security: Running AI models locally eliminates the need to upload sensitive data to the cloud, addressing major concerns about data sharing.
- Lower Latency: Local hosting reduces lag, providing instant feedback in applications like chatbots and real-time support.
- Control Over Tasks: Local deployment allows technical staff to troubleshoot and update AI tools without relying on remote service providers.
- Sandbox Environment: Local workstations can serve as sandbox environments for prototyping and testing new AI tools before full-scale deployment.
AMD’s AI Performance
For SMEs, hosting custom AI tools need not be complex or expensive. Applications like LM Studio facilitate running LLMs on standard Windows laptops and desktop systems. LM Studio is optimized to run on AMD GPUs via the HIP runtime API, leveraging the dedicated AI Accelerators in current AMD graphics cards to boost performance.
Professional GPUs like the 32GB Radeon PRO W7800 and 48GB Radeon PRO W7900 offer sufficient memory to run larger models, such as the 30-billion-parameter Llama-2-30B-Q8. ROCm 6.1.3 introduces support for multiple Radeon PRO GPUs, enabling enterprises to deploy systems with multiple GPUs to serve requests from numerous users simultaneously.
Performance tests with Llama 2 indicate that the Radeon PRO W7900 offers up to 38% higher performance-per-dollar compared to NVIDIA’s RTX 6000 Ada Generation, making it a cost-effective solution for SMEs.
With the evolving capabilities of AMD’s hardware and software, even small enterprises can now deploy and customize LLMs to enhance various business and coding tasks, avoiding the need to upload sensitive data to the cloud.
Image source: Shutterstock
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