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Gold Will Likely Retest Historic Highs Soon

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The UK’s Sovereign Rating Remains Resilient, but Risks Are Rising

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U.S. Jobless Claims Surge, GDP Growth Slows, and Durable Goods Orders Rebound

France: Meeting Higher Defence Spending Will Complicate Fiscal Consolidation

S&P 500: Target’s Disappointing Forecast Raises Questions on US Consumer Health

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U.S. CPI Moderates in February, Inflation Eases to 2.8% Annually

Crude Inventories Rise By 1.4 Million Barrels; WTI Oil Tests Session Highs

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Crude Oil Price Outlook – Crude Continues to Look at Support

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How PrimeXBT’s Crypto and MT5 Integration Is Changing The Way Traders Invest

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Japanese Yen and Aussie Dollar News: Wage Hikes Could Corner BoJ Into Policy Move

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U.K. GDP Drops 0.1% in January, Missing Estimates and Raising Recession Fears

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PU Prime Wins Three Prestigious Awards in UAE for 2025

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Natural Gas Price Outlook – Natural Gas Continues to Look Tired

Buy The Dip? Wall Street Sell-Offs Leave Markets Conflicted as S&P 500 Forecasts Fall

Gold Price Forecast – Miners Set for Breakout as Gold Reaches $3,000

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Michigan Consumer Sentiment Drops To 57.9; SP500 Pulls Back From Session Highs

Gold Price Outlook – Gold Continues to Look Strong

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"Velas AG, headquartered in Switzerland, is a new AI-operated dPoS (delegated proof of stake) blockchain project and an ecosystem on which one can build AI projects, dApps, smart contracts, etc. It is founded by the CEO of the world’s first and biggest altcoin payment processor platform from 2013 – Coinpayments.net – Alex Alexandrov. Coinpayments created a CPS coin to provide its active merchants and users of 3'000 000 000 a discount token for transactions and fees, and earn staking rewards vaulting their CPS coin. The development of Velas rooted from CPS, as the founders saw an opportunity to create an own proprietary AI enhanced Blockhain and consensus protocol, rather than using a third party solution which still has flaws. Development of Velas started 2 years ago. 

Coinpayments Coin to Velas coin (VLX) was done via Coinpayments platform on the 4th of July 2019 and will mark the day of Velas independence from original token. This will also launch first Stage described in Technical Paper.

The purpose of Velas is to address and fix existing issues and challenges faced by most existing Blockchains, like centralization, 51% attack, nothing at stake problem, scalability, security, high upfront expenses, etc. It does so by using neural networks optimized by artificial intuition to enhance its consensus algorithm."

Velas

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