Day: November 6, 2024

Bitcoin Whales Playing It Safe? Addresses Holding 1,000+ BTC Decline Ahead Of US Elections

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Este artículo también está disponible en español. Bitcoin (BTC) whales appear to be offloading some of their holdings ahead of the closely contested 2024 US presidential election. 2% Fall In BTC Held By Whale Addresses In a post on X, crypto analyst Ali Martinez shared that Bitcoin whales – wallet addresses holding a significant amount of BTC – are “dialing back exposure” ahead of what is likely to be a very closely contested US presidential election. Related Reading According to the analyst, there has been a 2% decrease in the…

Bitcoin.com Launches Bitcoin Rewards at 30% APY

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Bitcoin.com, a pioneer in the Bitcoin and crypto space since 2015, has launched Bitcoin rewards at 30% APY. Rewards, which accumulate in real-time without lockups or custodial risk, are paid in tBTC, Threshold Network’s breakthrough Bitcoin bridge that brings the power of decentralized finance to Bitcoin, enabling faster transactions, flexible trading, lending, and more. “We […] Original

Bitfufu Reports Q3 Revenue Increase of 47.5% Year Over Year

Nasdaq-listed cloud mining services company Bitfufu has announced its unaudited financial results for the third quarter of 2024, revealing a total revenue of $90.3 million, a 47.5% increase from $61.2 million in the same period last year. The company’s cloud-mining solutions saw even more significant growth, with revenue rising 51.4% year-over-year to $68.9 million. The […] Source CryptoX Portal

Shiba Inu Set For Takeoff? Analyst Predicts 10-Fold Surge To Yearly Peak

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Shiba Inu (SHIB), the popular memecoin, is back in the news after a crypto expert issued a bold projection predicting a tenfold growth in its market capitalization. Zach Humphries outlined certain hopeful variables that might propel SHIB to a market capitalization of $100 billion, bringing its price to $0.000171—a whopping 890% increase over present levels. Humphries, who has built a reputation for his memecoin market observations, feels SHIB’s surge is a real possibility, despite its present low price. In his most recent research, Humphries focuses on the factors that he…

Ethereum Volatility Soon? Derivatives Exchanges Receive 82,000 ETH In Deposits

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On-chain data shows derivatives exchanges have just received large Ethereum deposits, something that could lead to volatility in ETH’s price. Ethereum Exchange Netflow Has Seen A Sharp Positive Spike Recently As explained by an analyst in a CryptoQuant Quicktake post, the Exchange Netflow for ETH has registered a large spike recently. The “Exchange Netflow” here refers to an on-chain indicator that keeps track of the net amount of ETH moving into or out of the wallets associated with centralized exchanges. When the value of this metric is positive, it means…

Riot’s Monthly BTC Output Up by 23%; Company Calls October Production ‘New Post-Halving Milestone’

Bitcoin mining company Riot Platforms reported a 23% increase in bitcoin production in October, driven by increased hashrate and operational efficiency. Riot’s Latest Financial Update Bitcoin mining giant Riot Platforms (Nasdaq: RIOT) recently announced that it mined 505 bitcoins (BTC) in October, a 23% jump from the 412 bitcoins mined in September. In the same […] Source CryptoX Portal

ICO intervention into AI recruitment tools leads to better data protection for job seekers

We have today issued a series of recommendations to AI developers and providers to ensure they are better protecting job seekers’ information rights. AI is increasingly being used in the recruitment process to save time and money, helping to source potential candidates, summarise CVs and score applicants. If not developed lawfully, these tools may negatively impact jobseekers who could be unfairly excluded from roles or have their privacy compromised.   We audited several providers and developers of AI tools for recruitment and made almost 300 recommendations, such as ensuring personal information…