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🟠 Bitcoin price typically stagnates for a few months post-halving before a major price increase 🚀 Be patient and stack sats. @Crypto_Instant
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Bitcoin demand in Argentina reaches peak in nearly two years Cointelegraph.com News (RSS) Bitcoin remains in demand among Argentines as the ARS has lost fourfold value against the US dollar in the last year, dropping from 0.0049 USD per ARS in March 2023 to 0.0012 USD at present.
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BlackRock Might Backtrack on Ethereum ETF Application Amid ‘Very Little’ Demand CoinGape (RSS) After its successful launch of the spot Bitcoin ETF in January 2024, the world’s largest asset manager BlackRock has been pushing ahead for a spot Ethereum ETF application. However, chances are that the asset manager might reconsider its efforts citing “little” demand from clients for Ethereum, in comparison to Bitcoin. Will BlackRock Continue the Push for spot Ethereum ETF? During a fireside chat at the Friday Bitcoin Investor Day conference in New York, Robert Mitchnick, BlackRock’s head of digital assets, emphasized the firm’s client base’s primary focus on Bitcoin. He noted, “I can say that for our client base, bitcoin is overwhelmingly the number one focus and a little bit Ethereum”. He also mentioned that the demand for every other crypto asset is “very, very little.” However, he didn’t comment anything for now on whether BlackRock will continue or not on its pursuit of Ethereum ETF a... View original post
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Crypto Prices Today March 23: Bitcoin Drops Below $64K, Ethereum At $3300, XRP & SOL Dip CoinGape (RSS) The top crypto prices today witnessed a bearish turn as the Bitcoin (BTC) price extended below the $64,000 level again. In addition, the Ethereum price slumped below $3,400. Meanwhile, other top altcoins, such as XRP, and Cardano (ADA) gained significantly while Solana dipped. Major Crypto Prices Today The Bitcoin price was down by 2.96% reaching $63,980.52 at the time of writing on Saturday, March 23. On the other hand, it’s trading volume plunged 3.96% to $40.30 billion in the last 24 hours. Meanwhile, the crypto boasted a market cap of $1.25 trillion. Looking at altcoins, the Ethereum price gained by 5.45% to 3,331.53 at press time with a market valuation of $399.85 billion. Whilst, ETH saw its trading volume dip by 2.90%, reaching $20.24 billion. Meanwhile, the ... View original post
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Shiba Inu Weekly Burn Dips 60%, SHIB To Break Below Support? CoinGape (RSS) In a thrilling plot twist, Shiba Inu, the self-proclaimed Dogecoin killer, curated a tidal wave of speculations among crypto market traders and investors globally following a significant plunge in its price in the past few days. This plunge in SHIB’s price surfaced along with a weekly dip recorded in the SHIB burn rate, giving rise to a bearish sentiment for the meme coin across the broader crypto market. Shiba Inu, the meme-based cryptocurrency, echoed a sense of frenzy across the crypto horizon over the past month as its price rallied remarkably, coming in tandem with the broader uptrend witnessed by a meme coin rally. However, with its recent plunge below the $0.00003 level, the token risks falling below its support level of $0.00002 as market dynamics paint a bearish portrait for SHIB. Shiba Inu Burn: A Closer Look According to the insights revealed by the meme coin’s burn tracker Shibburn, despite the Sh... View original post
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Spot Bitcoin ETF Outflows See Remarkable Second Week Since Launch Coincu (RSS) Spot Bitcoin ETF outflows continue for the fifth day, driven by significant GBTC selling, marking a shift from previous bullish sentiment.Read more... Coincu News
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Departing Pentagon AI Chief Sounds Alarm on Overhyped AI Claims Cryptopolitan (RSS) In a parting address to the congressional hearing, Craig Martell, the Chief Digital and Artificial Intelligence Officer at the Pentagon, delivered a stark warning against the sensationalism surrounding artificial intelligence (AI). Martell, set to exit his government role in April, expressed deep-seated concerns over the exaggerated promises and overhyped AI claims propagated by tech giants and startups alike. His departure marks the end of a tenure marked by efforts to navigate the complex intersection of AI, national security, and private sector involvement. The fallacy of AI magic Martell, in his testimony before the House Armed Services Committee’s tech panel, dismantled the pervasive narrative of AI as a silver bullet solution. Expressing mounting frustration, he debunked the notion of AI as a singular, omnipotent force capable of guaranteeing victory or precipitating catastrophe. His insights, d... View original post
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Unleashing the Power of AI: Infor Velocity World Tour 2024 Makes Waves Cryptopolitan (RSS) Infor, a leading provider of industry-specific cloud applications, embarked on its inaugural Infor Velocity World Tour 2024. Showcasing its advancements in artificial intelligence (AI) technology and its implications for businesses worldwide. The tour served as a platform to demonstrate how AI-driven solutions are reshaping industries, enhancing efficiency, and driving innovation across various sectors. Showcasing Cutting-Edge AI Solutions to Infor Velocity World Tour 2024 At the heart of the Infor Velocity World Tour 2024 were the demonstrations of Infor’s cutting-edge AI solutions. Through live presentations, interactive workshops, and immersive showcases, attendees gained insights into how AI is revolutionizing traditional business processes. Infor’s AI-powere... View original post
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Nvidia Simplifies 3D Modeling with AI-Prompted Generation Cryptopolitan (RSS) Nvidia has unveiled its latest AI technology, Latte3D, capable of transforming text prompts into intricate 3D models. With AI making strides in various fields, from image generation to natural language processing, the realm of 3D art creation has long awaited a similar breakthrough. Now, Nvidia’s Latte3D promises to bridge this gap, offering a novel solution for generating 3D assets directly from textual input. Nvidia’s Latte3D – Revolutionizing 3D modeling with AI-prompt Nvidia’s foray into AI-driven 3D modeling marks a significant leap forward in artificial intelligence capabilities. While AI has demonstrated remarkable progress in generating 2D images and videos, the transition to 3D art creation has remained a formidable challenge. However, with the introduction of Latte3D, Nvidia aims to reshape this landscape by empowering developers with a tool capable of effortlessly translating text prompts into fu... View original post
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Apple to Collaborate with Baidu for AI-Powered iPhone Features in China Cryptopolitan (RSS) In a notable development poised to reshape the technological landscape of China’s smartphone market, reports have surfaced suggesting that Apple is in discussions with Baidu, the Chinese web giant, to introduce advanced artificial intelligence features powered by Baidu’s ERNIE chatbot into future iterations of AI-Powered iPhones sold within the Middle Kingdom (China). This potential collaboration underscores Apple’s strategic maneuvering to tap into Baidu’s machine learning technology, aiming to augment its foothold in China’s highly competitive smartphone arena. Apple’s AI-powered iPhone endeavors in China Amid escalating efforts to fortify its artificial intelligence capabilities, Apple appears to be forging a partnership with Baidu to leverage the latter’s ERNIE chatbot for integration into iPhones tailored for the Chinese market. This prospective alliance, as per insider sources cited by t... View original post
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