Crypto News
Pantera Capital Explores Investment in MonkeyTilt
Pantera Capital discusses its investment strategy in MonkeyTilt, focusing on their use of cookies and user experience optimization. (Read More)Source link
Bitcoin Technical Analysis: Is a Breakout Above $97K on the Horizon?
Bitcoin is trading at $96,156 with a market cap of $1.90 trillion, a 24-hour trade volume of $64 billion, and an intraday range of $89,164 to $97,328, reflecting mixed signals across technical indicators and timeframes. Bitcoin The daily chart shows bitcoin in a downtrend, with the price declining from a peak of $108,364 to aSource link
Coinbase’s Layer 2 System Base Gets a Marketplace Linked to Gas Revenue
The runaway success of Base, the Coinbase-owned Ethereum overlay blockchain designed for faster, cheaper transactions, has prompted the creation of a market linked to the fluctuating cost of the total gas needed to power the network, allowing speculators to bet on recurring utility spikes on the layer 2 system.Taking a cue from the way traders speculate and hedge in traditional energy markets, Alkimiya, a startup backed by Coinbase Ventures as well as firms like Dragonfly and Castle Island Ventures, enables users to go long or short on the cost of transactions being included in blocks, or “blockspace” – a representation of the storage and computational capacity of a blockchain.“Paying for blockspace is like paying for other energy sources, such as...
NVIDIA NeMo Curator: Advancing Generative AI Model Precision
NVIDIA's NeMo Curator enhances AI model accuracy through data curation, processing, and synthetic data generation, ensuring high-quality datasets for robust AI systems. (Read More)Source link
Bitcoin Bull Tom Lee Sees BTC Reaching as High as $250K by Year-End
The consolidation between $90,000 and $100,000 for bitcoin (BTC), continues to play with investor sentiment, swinging from fear to greed.On Monday, bitcoin fell below $90,000, while it is above $96,500 on Tuesday, up over 8% . Bitcoin bull Tom Lee, head of research at Fundstrat, told CNBC on Monday that he sees this current correction in bitcoin as normal."Bitcoin is down 15% from its highs for a volatile asset, which is a normal correction," he said.Glassnode data shows that bitcoin in this current cycle has seen relatively mild drawdowns of around 15%-20%, much smaller than previous bull market drawdowns, which saw as much as 30%-50% drawdowns, showing the asset is becoming more mature.According to Lee, $70,000 is a line in...