Month: April 2023

Price analysis 4/19: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

boss

Bitcoin and select altcoins turned down sharply on April 19 but a minor positive is that the bulls are trying to defend their respective support levels. Bitcoin (BTC) has been witnessing volatile moves in the past three days. The pick-up in volatility shows that the buyers and sellers are vying for supremacy.  Bitcoin recovered sharply on April 18 but gave back all the gains on April 19. The latest sell-off may have been triggered by the high inflation figures in the United Kingdom and the regulatory uncertainty in the United…

Bitcoin on-chain fundamentals stay solid as investors hold tight amid exchange outflows

boss

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Glassnode data reveals long-term holding trends and exchange net outflows for bitcoin, indicating increased investor confidence. As the world of cryptocurrency continues to evolve, recent data from blockchain analytics firm Glassnode paints an intriguing picture for bitcoin investors. The number of addresses holding at least 1 bitcoin (BTC) has reached an all-time high (ATH) of 994,298, and the percentage of the bitcoin supply last active two or more years ago has also hit an ATH of…

Stability AI launches StableLM, open-source alternatives to ChatGPT

boss

The large-language-model sector continues to swell, as Stability AI, maker of the popular image-generation tool Stable Diffusion, has launched a suite of open-source language-model tools. Dubbed StableLM, the publicly available alpha versions of the suite currently contain models featuring 3 billion and 7 billion parameters, with 15-billion-, 30-billion- and 65-billion-parameter models noted as “in progress,” and a 175-billion-parameter model planned for future development. Announcing StableLM❗ We’re releasing the first of our large language models, starting with 3B and 7B param models, with 15-65B to follow. Our LLMs are released under…

Here’s what happens to NFTs when you die: Nifty Newsletter, April 12–18

boss

In this week’s newsletter, read about how Mastercard launched an accelerator program for musicians powered by nonfungible tokens (NFTs), and how online safety groups urged Meta to refrain from allowing minors into its new metaverse. Check out what happens to NFTs when a collector dies, and, in other news, find out how publishers are looking for alternatives to play-to-earn gaming. And don’t forget this week’s Nifty News, featuring Bitcoin (BTC) miners earning from Ordinals and Reddit facing backlash for Gen 3 avatars.  Mastercard launches NFT-gated musician accelerator program Payment processing…

Sotheby’s Auctioning Off Rare NFTs From 3AC’s Seized Collection

“Collections are often representative of the time and the place from which they were formed, telling a unique story through their artworks,” said Michael Bouhanna, Sotheby’s head of digital art and NFTs. “This expansive collection marks an important moment in the rise of generative art on the blockchain in 2021, and was guided by the 3AC ethos of acquiring some of the highest quality and rarest works available on the market.” Source

OpenAI has until April 30 to comply with EU laws, ‘next to impossible’ say experts

boss

OpenAI may soon face its biggest regulatory challenge yet as Italian authorities insist the company has until April 30 to comply with local and European data protection and privacy laws, a task artificial intelligence (AI) experts say could be near impossible.  Italian authorities issued a blanket ban on OpenAI’s GPT products in late March, becoming the first Western country to outright shun the products. The action came on the heels of a data breach wherein ChatGPT and GPT API customers could see data generated by other users. We believe the…

Maple Finance launches pool for US Treasury yields

boss

Crypto lender Maple Finance has rolled out a United States Treasury pool for non-U.S. accredited investors and entities. According to an Apr. 19 post, Maple Finance has launched a new Cash Management Pool for institutional Web3 investors to access U.S. Treasury Bills directly. The offering is not available to U.S. individuals or entities. The pool will source yield from one-month U.S. Treasury bills and reverse purchase agreements, less fees, to lenders, with crypto hedge fund Room40 Capital serving as the sole borrower via a special purpose vehicle (SPV). Maple developers…

Gold Slides on Higher US Treasury Yields, Dollar – Bitcoin News

boss

Prices of gold, and other precious metals, fell on Wednesday due to stronger U.S. yields and national currency. The decline comes on the backdrop of expectations of new interest rate increases next month amid persistent inflation in the United States and elsewhere. Gold and Silver Slip as Investors Bet on Another Rate Hike in May Gold prices dropped more than 1% on April 19 on higher U.S. yields and a more expensive dollar, with a number of investors now convinced that the United States Federal Reserve is likely to postpone…