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1Bitget UEX Daily|Trump Advances US-Iran Deal Signing; US Stocks Semiconductor Surge, Oil Declines; SpaceX Lists Today2'Anarchistic neobanks' are bitcoin's next frontier, says Blockrise CEO3 Elon Musk fuels loan frenzy ahead of blockbuster SpaceX IPO

Can Ethereum Meet Traders’ Bullish Expectations?
Newscrypto·2024/07/24 13:51

Ethereum has less short-term price potential than bitcoin, analysts say
Options traders are less optimistic about ether’s short-term price performance compared to bitcoin’s, QCP Capital analysts said.However, analysts maintain a positive outlook for ether in the medium to long term.
The Block·2024/07/24 13:46


Fetch.ai (FET) Traders Turn Bullish as ASI Phase 2 Nears
BeInCrypto·2024/07/24 13:26

Ethereum ETFs Debut with Strong Launch, Sparking Optimism for Future Crypto Funds
Cryptodnes·2024/07/24 13:22

Worldcoin Launches Token Unlocking Program
Cryptodnes·2024/07/24 13:22

Franklin Templeton Eyes Solana for Future ETFs
Cryptodnes·2024/07/24 13:22

Airdrop success propels Bitget wallet to second most popular in Japan
Cointelegraph·2024/07/24 13:07

Firm behind Proton Mail unveils self-custodial Bitcoin wallet
Quick Take Proton, known for its privacy-focused solutions like Proton Mail and Proton VPN, has unveiled a self-custodial Bitcoin wallet solution. Proton Wallet is initially available to early access users ahead of a broader rollout.
The Block·2024/07/24 11:16

Flash
10:28
MegaETH's native token MEGA has surged over 20% in the past 24 hours, surpassing $0.068.BlockBeats News, June 14th, according to an exchange market data, MegaETH's native token MEGA broke through $0.068, with a 24-hour percentage gain expanding to 20.13%.
08:43
The AI Boom is Fueling Tech Inflation, Rewriting a Two-Decade History of Tech Products Only Getting CheaperBlockBeats 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 ForceBlockBeats 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.
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