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1Bitget UEX Daily｜Trump Advances US-Iran Deal Signing; US Stocks Semiconductor Surge, Oil Declines; SpaceX Lists Today 2'Anarchistic neobanks' are bitcoin's next frontier, says Blockrise CEO 3 Elon Musk fuels loan frenzy ahead of blockbuster SpaceX IPO

July 24 Futures Market Dynamics

Bitget·2024/07/26 05:01

Here’s When India Plans to Unveil Crypto Discussion Paper

The inter-ministerial group, tasked with developing a complete cryptocurrency policy, now includes the RBI and SEBI.

Cryptopotato·2024/07/26 04:59

Ton King-level Simple Chain Game Catizen Interaction Tutorial, Large Airdrop, Big Expectations, Get on the Last Bus Quickly!

远山洞见·2024/07/26 03:41

BlackRock reveals key motivation behind launching crypto ETFs

Share link:In this post: BlackRock jumped into the Bitcoin ETF market mainly because their clients were asking for it. CEO Larry Fink, once a crypto skeptic, now sees Bitcoin as “digital gold” after studying the space deeply. There’s strong interest in Bitcoin and Ethereum, but not much enthusiasm for other cryptocurrencies among BlackRock’s clients.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on

Cryptopolitan·2024/07/26 01:19

VanEck gives Bitcoin until 2050 to hit $3 million per coin

Share link:In this post: VanEck predicts Bitcoin could hit $3 million per coin by 2050, becoming a major global currency. They think new tech will solve Bitcoin’s current transaction problems, making it useful for international trade. Despite its potential, Bitcoin has a lot of issues to clear before it can replace traditional currencies.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. W

Cryptopolitan·2024/07/26 01:19

U.S. economic growth hits 2.8% annualized rate in Q2

Share link:In this post: The U.S. economy grew by 2.8% in Q2, beating expectations and showing strong consumer spending. The Federal Reserve is considering cutting interest rates, but the labor market is starting to soften. President Biden maintains tariffs on China and focuses on tech and climate policies, aiming for long-term economic stability.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on thi

Cryptopolitan·2024/07/26 01:19

Bitcoin Shines in Las Vegas: Here Are 5 Other Incredible Sphere Attractions

Dailycoin·2024/07/26 00:19

Ethereum (ETH) ETFs Fail to Trigger Altcoin Season; Market Cap Below $1 Trillion

BeInCrypto·2024/07/26 00:11

There won’t be a ‘long list of crypto ETFs,’ BlackRock’s Robert Mitchnick says

Quick Take BlackRock Head of Digital Assets Robert Mitchnick said at the Bitcoin 2024 conference that the launch of spot Ethereum ETFs is unlikely to open the door to funds that track other crypto assets. ETH is not a bitcoin competitor — the assets are better seen as “compliments.” Bitcoin’s risks are fundamentally different from those of traditional assets, such as banking crises, geopolitical disorder, inflation, deficits, debt and currency debasement.

The Block·2024/07/25 23:22

Mystery surrounds $289 million in ETH that moved for the first time in 7 years

Quick Take 92,000 ETH, valued at around $287.7 million, moved for the first time in seven years. The wallet initially received 96,474 ETH valued at $130,320 on Sept. 1, 2015 12:21:51 UTC from the Ethereum Foundation.

The Block·2024/07/25 22:58

Flash

08:43

The AI Boom is Fueling Tech Inflation, Rewriting a Two-Decade History of Tech Products Only Getting Cheaper

BlockBeats News, June 14th, AI Driving US Inflation Surge. In May, the Consumer Price Index for Computer Software and Accessories surged by 14.5% year-on-year, marking the largest annual increase since records began in 2000. Producer prices for electronic components skyrocketed by 27%, also hitting a historical high. By contrast, prior to 2026, prices for software and electronic components had been decreasing almost every year. Currently, the price of memory alone has more than doubled in the past year, with DDR5 and DDR4 memory prices soaring by 290% year-on-year. The reason behind this surge is that AI data centers have absorbed the vast majority of global chip supply. The impact of memory prices could keep inflation elevated throughout the entire year of 2027, further compounding the existing pressures from the Iran conflict. The AI boom is fueling tech inflation.

05:56

Opinion: Anthropic Export Control Compliance Highlights Centralization Risks in AI, Decentralized AI Could Become Key Counterbalancing Force

BlockBeats News, June 14th, CoinFund founder Jake Brukhman stated that AI models naturally have centralizing attributes, making them a key target for government regulation and control. Anthropic's latest export control compliance action further confirms this trend. He pointed out that decentralized networks can be a crucial counterbalance to the current situation, building sovereign, open, and public decentralized AI. The core challenge lies in the issue of computational power. Although it is widely believed that only trillion-dollar tech companies can afford cutting-edge model training, there is actually abundant global GPU computational power available. The key is to develop new distributed training algorithms. Brukhman mentioned that teams such as Gensyn, Prime Intellect, Bagel, Pluralis, Nous Research, Macrocosmos AI, and Covenant AI have been exploring this direction. Although early on it was commonly believed to be infeasible, the reality has shown that distributed training can not only be achieved but also at a lower cost and with efficiency close to traditional solutions. Furthermore, he believes that another major challenge facing decentralized AI is economic sustainability. While open-source models are important, they lack mature business models. Pluralis, by distributing model weights to participants, is exploring the commercial path of tokenizing AI models. Brukhman stated that we are currently at a critical moment where AI will either move towards complete centralization, subject to scrutiny and unilateral government control, or establish a public AI on an open decentralized network, which will determine the industry's future direction.

02:59

A new address with a high leverage short position of 23,000 ETH, liquidation price $1863.2.

BlockBeats News, June 14th. According to AI Auntie Monitor, address 0xa2e...f1468 started shorting 23,205.35 ETH in batches last night at 23:42, with a position value of $39.03 million, opening average price of $1,680.8, liquidation price of $1,863.2, and currently facing a floating loss of nearly $27,000.

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Analyst Sends Final Call to XRP Holders. Here’s why

XRP price holds above $1 as ETF demand outpaces Bitcoin, ETH for 5 weeks

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