Bitcoin (BTC) is gradually rising towards the $70,000 mark, indicating that sentiment remains positive. According to Farside Investors data, the US-based spot Bitcoin ETF saw inflows of $383 million on July 19. This brought cumulative net inflows into the ETF to over $17 billion since its launch.As Bitcoin price continues to hold above $65,000, Bitcoin whales appear to have reduced their selling. In a post to X, CryptoQuant’s head of research, Julio Moreno, said that selling by large Bitcoin investors has dried up and “valuation metrics suggest positive momentum.”Crypto Market Data Daily View. Source: Coin360Bitcoin’s strength has led to a…
Author: Crypto Flexs
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Major players have had a strong week this week, with double-digit gains. Sentiment towards XRP has changed dramatically over the years after a difficult period. Some coins experienced minor declines. The cryptocurrency markets are finally recovering from a month-long slump with renewed vigor. A wave of optimism has washed over the past week, sending several key players to impressive new heights. Major Cryptocurrencies See Double-Digit Gains Leading the pack was Solana (SOL), which dazzled with a stunning 19.3% surge. Dogecoin (DOGE) followed suit, proving its appeal is stronger than ever with a massive 16.5% surge. Not to be outdone, Avalanche…
Cryptocurrency Exchange WazirX WRX -0.15% The platform recently halted trading on July 18th after a private key leak resulted in $230 million being stolen from wallets. “Due to a cyberattack theft, our ability to maintain 1:1 collateral with your assets has been impacted and we have temporarily suspended trading,” WazirX wrote in an announcement post on X. WazirX’s wallet has been emptied. Worth over $100 million Shiba Inu SHIB +1.19% At that time, it was worth millions of dollars. Matic +1.60% token, Pepe +3.27% token, USDT +0.34% and festival +1.67% Token. Hacker Evidence suggests that the North Korean state-sponsored Lazarus…
Louisa Crawford 18 July 2024 19:13 LangChain introduces major improvements to the core tool interface and documentation, simplifying tool integration, input handling, and error management. LangChain has announced significant improvements to the core tool interface and documentation to streamline the development and integration of tools for large-scale language models (LLMs). According to the LangChain blog, these updates are designed to simplify converting code to tools, handle diverse inputs, enrich tool output, and better manage tool errors. Improved tool integration One of the major improvements is the ability to pass any Python function. ChatModel.bind_tools(). This…
A trader who accurately predicted the 2022 crypto crash thinks the market will turn bullish. Anonymous analyst Capo told his 864,100 followers on social media platform X that Bitcoin and altcoins are set to show strength as BTC has reclaimed the psychological price level of $60,000. “BTC is surging, especially after recovering $60,000-$61,000. Altcoins also seem to have found their local bottom. I think the best is yet to come.” Taking a closer look at Bitcoin, Capo said on the instant messaging service platform Telegram that Bitcoin appears poised to surge above $73,200 after breaking through the $65,000 resistance level.…
The German government recently missed out on $124 million in additional revenue by cashing out its Bitcoin (BTC) holdings too early. Bitcoin Price Surges After German BTC CrashOn July 13, the German state of Saxony sold 50,000 BTC seized from movie piracy website Movie2k for about $2.87 billion, generating a profit of more than $740 million compared to the $2.13 billion it paid for the acquisition in January. Cumulative revenue from the German government’s Bitcoin sales. Source: Arkham IntelligenceHowever, immediately after the selloff, the Bitcoin price surged by up to 16.55%, which was further boosted by the assassination attempt on…
Cryptocurrency lending represents a groundbreaking evolution in financial services, merging traditional borrowing with the dynamic realm of digital assets. This innovative approach allows individuals to interact with cryptocurrencies in novel ways, facilitating borrowing and investing opportunities that leverage the inherent value and liquidity of digital currencies. At its core, cryptocurrency lending empowers both lenders and borrowers within decentralized platforms, where cryptocurrencies serve as collateral and loan assets. Lenders participate by depositing their cryptocurrencies into lending platforms, earning attractive interest rates that often surpass those offered by conventional savings accounts, thanks to the market’s volatility and demand dynamics. This method enables…
Policy • July 21, 2024 2:22 PM EDT Posted 1 minute earlier In ~ Updated: July 21, 2024 2:37 PM EDT US President Joe Biden will not run for reelection in the upcoming 2024 US presidential election.Biden said in a statement Sunday that he believed it was in the best interest of the party and the country to step down. In a follow-up post on X, Biden expressed his “full support and endorsement” of Vice President Kamala Harris replacing him as the Democratic nominee. Biden has faced increasing pressure to drop out of the race in recent weeks. Several sitting…
XRP is showing a strong bullish bias on the daily chart, and swing traders may look to enter long positions. In the short term, some degree of consolidation is likely to occur over the next 12-24 hours. Ripple (XRP) has seen a sharp increase in transactions. This may be due to the increase in micropayment transactions that are widespread on the XRP Ledger. Transaction volumes have also been high. In South Korea, XRP’s 24-hour volume was higher than Bitcoin (BTC) on July 17. Moreover, the bulls defended the previous resistance level as support, setting the stage for another impulsive uptrend.…
Tony Kim 18 July 2024 19:39 Learn how to optimize the IVF-PQ algorithm for vector search performance using RAPIDS cuVS, with practical tips on tuning hyperparameters and improving recall. In the first part of the series, we provide an overview of the IVF-PQ algorithm, the basis for the IVF-Flat algorithm, and the use of Product Quantization (PQ) to compress the exponent and support larger data sets. In the second part, we shift our focus to the practical aspects of IVF-PQ performance tuning, which is especially important for achieving optimal results when dealing with billion-size…