Jessie A Ellis 17 Jul 2024 17:53 Learn how to optimize encoding and compression of Parquet string data using RAPIDS, thereby dramatically improving performance. Parquet writer offers a variety of encoding and compression options that are turned off by default. Enabling these options can provide better lossless compression for your data, but it is important to understand which options to use for optimal performance, according to the NVIDIA Tech Blog. Understanding Parquet Encoding and Compression Parquet’s encoding phase reorganizes the data to reduce its size while preserving access to each data point. The compression…
Author: Crypto Flexs
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A widely known cryptocurrency trader and analyst has warned that one of the top 100 altcoins could suddenly crash and lose all its value. In a new strategy session, anonymous cryptocurrency analyst Altcoin Sherpa told his 217,900 followers on social media platform X that Sam Altman’s “proof of character” project Worldcoin (WLD) is at risk of crashing to $0. “WLD will eventually drop to $0, but it’s not clear when. This would be a great short and probably one of the best ways to hedge exposure.” The analyst notes other social media users’ posts warning of the project’s fundamentals, including…
index As we head into the second half of 2024, the crypto market is showing promising signs that it could potentially enter a new bullish phase. Several key indicators are pointing to this bullish trend, including the 65 Fear & Greed Index, the declining Network Value to Transactions (NVT) ratio (which often indicates higher trading volume in undervalued markets), and the shrinking stablecoin market cap. This could indicate asset diversification and a change in market sentiment, especially when combined with the current Greed Index. These factors indicate growing confidence in the market and a shift toward long-term investment strategies. They…
Bitcoin could head towards $220,000 after reclaiming key support levels during the current market recovery. This price target is based on past Bitcoin miner capitulation patterns observed by several cryptocurrency traders. Cryptonary, an anonymous cryptocurrency analyst, wrote in a July 17 post on X that “after the Bitcoin halving, miner capitulation period has ended,” historically, BTC prices have seen significant increases “in the months and years since.” At the time, Bitcoin (BTC) was just under $65,000.Analysts have shared a hash ribbon chart that shows the miner capitulation periods and their characteristics. According to the chart, the BTC price has increased…
People • July 17, 2024 3:37 PM EDT Posted 1 minute earlier In ~ Ethereum co-founder Vitalik Buterin has published a blog post opposing choosing political allies based on whether or not they support cryptocurrencies. Buterin highlighted legislative efforts in the United States, such as the Financial Innovation and Technology for the 21st Century Act (FIT21) and the European Union’s Markets in Cryptocurrency Regulation (MiCA), as having encouraged individuals in the crypto space to become more politically active. However, these efforts are contrary to the spirit of crypto. “There is a growing movement within the crypto space to be more…
MicroStrategy has outperformed other major stocks in terms of price performance. As of this writing, the BTC price is hovering around $65,000. Bitcoin (BTC)’s recent rally has created a bullish mood in the market over the past few days. In addition to altcoins, crypto-related companies have also risen. MicroStrategy Stock Outperforms Everyone MicroStrategy stock in particular has seen significant gains, with the company’s strategic decision to accumulate Bitcoin as a core component of its stores proving exceptionally profitable. As a result, MicroStrategy stock (MSTR) outperformed tech giants like Nvidia, Tesla and Microsoft. The world’s largest corporate bitcoin holder saw its…
FIGHT Surges 2281% as LBank Unveils Meme-Inspired Wealth Strategy – Chainwire housenewsroomFIGHT Surges 2281% as LBank Unveils Meme-Inspired Wealth Strategy We use cookies to make the Chainwire website a better experience. Cookies help us provide you with a more personalized experience, relevant advertising, and provide web analytics for us. Technical storage or access is strictly necessary for the legitimate purpose of enabling the subscriber or user to use specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications via electronic communications networks. Technical storage or access is necessary for the legitimate…
Timothy Morano July 17, 2024 18:22 NVIDIA powers AI at the edge with Jetson Orin platform, launches Vision Language Models (VLM) for dynamic video analytics According to the NVIDIA Technical Blog, Vision Language Models (VLM), an exciting innovation in AI technology, provide a more dynamic and flexible way to analyze video. VLM makes the technology more accessible and adaptable by allowing users to interact with image and video inputs using natural language. These models can run on the NVIDIA Jetson Orin edge AI platform or on discrete GPUs via NIM. What is a Visual…
Metaverse and NFTs • July 17, 2024 2:26 PM EDT Posted 1 minute earlier In ~ Happy Wednesday! In today’s Daily, we learn that Grayscale is launching a decentralized AI fund, Donald Trump teases another NFT collection, and the German government confirmed it has net bought $2.9 billion in Bitcoin. Let’s begin.Grayscale Launches New Decentralized AI Fund The Grayscale Decentralized AI Fund’s initial basket includes Bittensor, Filecoin, Livepeer, Near, and Render. Near, Filecoin, and Render are the fund’s most heavily weighted assets, and are rebalanced quarterly to adapt to the evolving AI and cryptocurrency landscape. Rayhaneh Sharif-Askary, Grayscale’s head…
Cryptocurrency fund issuer Valour has launched an exchange-traded product (ETP) for Near Protocol’s native token, NEAR, Valour parent company DeFi Technologies (CBOE CA: DEFI) announced on July 17.The ETP will be traded on Sweden’s Spotlight stock exchange, allowing retail and institutional investors to gain exposure to the decentralized application development platform, the announcement said. Elaine Buehler, Valour’s head of product, said the new fund offering will give investors access to assets known for their “transformational impact on DeFi and NFTs,” which stand for decentralized finance and non-fungible tokens. Near Protocol is a technology stack designed to eliminate many of the…