Fetch.ai’s $100 million investment lays the groundwork for a GPU rewards program designed for tokenholders.

Fetch.ai, an on-chain AI project, has unveiled Fetch Compute subsequent to securing a $100 million investment in its infrastructure. This suite of tools and training capabilities targets developers and users engaged in AI endeavors, aiming to elevate their capacity to craft sophisticated applications and fortify the AI economy’s foundations. Utilizing Nvidia H200, H100, and A100…

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Ex-Goldman Exec Sees Liquidation Period as Bitcoin Investment Window

RealVision CEO Raoul Pal, a former hedge fund manager at Goldman Sachs, emphasized the potential buying opportunities presented by periods of significant liquidation in the Bitcoin market. Pal’s remarks followed Bitcoin’s surge to a new all-time high surpassing $69,000, only to witness a sharp decline to approximately $63,000 on Tuesday. Following the price correction, data…

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Spot Bitcoin ETFs Record More Than $10B in Trading Volume

Surge in Trading Activity for US-Listed Bitcoin ETFs Amidst Market Volatility As Bitcoin (BTC) experienced a sharp decline of 7% within a 24-hour period, veering away from its trajectory towards its all-time high, US-listed spot Bitcoin exchange-traded funds (ETFs) saw unprecedented levels of activity on Tuesday. According to CoinGecko data, the leading digital currency’s abrupt…

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Bitcoin Whales Keep Buying as Price Nears Record High, Volatility Reaches Highest Level in 16 Months

Are Bitcoin Whales Defying Historical Trends Through Accumulation? Despite Bitcoin nearing its all-time high around the $69,000 mark, large holders of the cryptocurrency, commonly known as “whales,” are exhibiting unconventional behavior. On-chain data indicates that these major investors have been actively accumulating Bitcoin in recent days, even as its price remains near historic levels. What…

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Cardano (ADA) Poised to Thrive After Crypto Meltdown, Says Analyst

Β Was ADA’s Pullback a Positive Indicator for Investors in the Bull Market? Renowned cryptocurrency analyst Dan Gambardello suggests that ADA’s recent pullback, occurring in tandem with Bitcoin’s drop from its all-time high, could be interpreted as a favorable development for investors amidst the emerging bull market. How Does ADA’s Behavior Compare to Previous Bull Cycles?…

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Bitcoin’s Resilience: Riding the Waves of Demand and Recovery πŸ“ˆ

Boost in Bitcoin Price Driven by Increased Buying Demand Early Wednesday, Bitcoin (BTC) prices experienced an upsurge, primarily fueled by a surge in buying demand and a significant shift in funding rates for perpetual contracts. This resurgence contributed to a broader-market recovery following a notable decline. Buying Demand and Market Recovery: The surge in Bitcoin…

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Coinbase Shares Surge in After-Hours Trading Despite Technical Challenges

summary Despite facing technical glitches on its platform, Coinbase experienced a 4% surge in after-hours trading. This uptick in trading activity occurred concurrently with a significant increase in the value of Bitcoin. The positive market response extended beyond Bitcoin to encompass a wider range of assets. During after-hours trading, Coinbase shares saw an almost 4%…

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Raised Eyebrows Over Vitalik Buterin’s Recent Ethereum Transaction

The crypto community turned its focus towards Ethereum co-founder Vitalik Buterin following a notable transaction involving a substantial amount of Ethereum. According to PeckShieldAlert, transactions from his wallet address, Vitalik.eth, revealed the transfer of 30 ETH to Railgun and the exchange of 27.63 ETH for 100,000 USDC. Examining Recent Transactions in Detail According to PeckShieldAlert’s…

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Virginia has approved a bill supportive of cryptocurrencies aimed at promoting the adoption of blockchain technology.

quick read Virginia has enacted a newly proposed bill that embraces cryptocurrencies, fostering the adoption of blockchain technology within the state. There is a growing interest in blockchain technology and its potential applications across various sectors within Virginia. With the passage of Senate Bill No. 339, Virginia has made significant strides in embracing blockchain technology…

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