Bitcoin’s Price Approaches $57K last night nearing new record highs and outperforming altcoins. The investors are saying that we are back into the bull market with Bitcoin getting closer to making a new all-time high highlighting its effect on the trading sentiment. Bitcoin crosses $57K nearing a record high and Outperforming Altcoins Bitcoin has surged […]
Bitforex, a prominent centralized cryptocurrency exchange, unexpectedly suspended withdrawals for its users. This transaction pause came shortly after an alleged $56.5 million was withdrawn from the exchange’s hot wallets. Bitforex suspends withdrawals amid $56.5 Million Outflow Crypto investigator Zachxbt reports the Bitforex team stopped all forms of communication with its user base after the incident.
Bitforex Suspends Withdrawals Amid $56.5 Million Outflow Read More »
Recent advances in natural language processing (NLP) have significantly improved text embeddings, enabling the conversion of sentences into low-dimensional vectors for retrieval-augmented generation and semantic search, making them crucial for handling large textual contexts in the dynamic business environment. Context Length Limitations in Existing Models On the MTEB benchmark, open-source models currently in use are
Nomic AI Tops Ada-002 in Benchmarks Read More »
The European Central Bank (ECB) has restated its stance on Bitcoin (BTC), affirming that the approval of spot ETFs for the cryptocurrency does not change its unsuitability for use as a form of payment or investment. ECB says ETF approval doesn’t change BTC’s unsuitability In a blog post on Thursday, ECB’s Ulrich Bindseil and Jürgen
ECB Affirms ETF Approval Doesn’t Alter Bitcoin’s Unsuitability for Payment or Investment Read More »
Under the current market conditions where XRP and Bitcoin Cash are underwhelmed with their price movements, the presale of KangaMoon (KANG) is drawing investors. Its unique business plan and growth trajectory have placed it in a prime position to lead the crypto market. XRP and Bitcoin Cash Underwhelm, Traders move towards KangaMoon Projects like XRP
XRP and Bitcoin Cash Underwhelm as Traders Look Towards KangaMoon Read More »
Solana (SOL) saw its market capitalization drop by over $3 billion in a single day. As the broader cryptocurrency market begins to correct after recent bullish gains, some assets are experiencing more significant and rapid declines. $3 billion drained from Solana in a Single Day Solana’s market cap has decreased by more than 6% in
$3 billion drained from Solana in a single day; What is happening? Read More »
Circle announced the removal of native USDC on the Tron (TRX) Price as part of its risk management framework. This raised concerns about Tron’s future in the market, which could impact TRX’s price performance. Tron Price Predictions after USDC Removal from the Network The company published the announcement on February 21, mentioning compliance as one of
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Almost 74% Cryptocurrencies in Cardano are Deadcoins which shook the entire crypto space and affecting Cardano’s price. Since its beginning, the cryptocurrency market has witnessed a major number of projects failing. Over 24,000 cryptocurrencies have been listed since 2014, with 65% of them being classified as ‘dead’ or failed. But in Cardano, approximately, 74% of
74% of Cardano Based Cryptocurrencies Are Deadcoins – shook the crypto world Read More »
Analysts from Bernstein foresee a high likelihood of a spot Ethereum ETF approval within the next year. Ethereum’s price was near $3,000 on February 19, driven by anticipation of the Spot ETH ETF. Ethereum Price nears $3K in anticipation of the Spot ETH ETF ETH was trading at $2,911 with a market cap of $349.84
Ethereum Price Nears $3,000 Amid Expectations for Spot ETF Read More »
According to one analyst, the recent trouble in the Chinese stock market may drive more capital into Bitcoin investments. Noelle Acheson, former research head of Genesis and author of the “Crypto is Macro Now” newsletter, suggests that Beijing’s attempts to stabilize the domestic market have been ineffective, potentially leading to more aggressive interventions. https://www.cryptoismacro.com/p/monday-feb-5-2024 Bitcoin might
The Chinese Stock Market will benefit Bitcoin, How? Read More »
One of the major events in crypto today was that Solana (SOL) was Down which resulted in a sudden price reaction. Traders on X and in the crypto market started speculating about the outage and its effect on the price and the ecosystem. Solana Down and Sudden Price Reaction The Solana network has encountered a
Solana (SOL) Down Today, Sudden Price Reacts: What happened? Read More »