BlackRock’s spot Bitcoin (BTC) exchange-traded fund (ETF) IBIT became the most successful ETF launch in a decade, following $418.8 million in net outflows registered on December 16.Nate Geraci, CEO of ETF Store, said: highlighted IBIT beat about 2,850 ETFs. He added:“In other words, IBIT has more lifetime inflows than any ETF launched since 2014. It did this in just 11 months.”According to research by Farside Investors, IBIT has accumulated $36.3 billion in net inflows since launch, surpassing the $36.2 billion inflows of U.S.-traded spot Bitcoin ETFs. data.This amount is almost three times higher than the $12.4 billion in inflows received…
Author: Crypto Flexs
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AI agent tokens are likely to gain public attention in 2025. The rapid increase and growth in active addresses demonstrated the aspirations of market players. Bitcoin (BTC) hit a high of just over $108,000 on Tuesday, December 17th. Altcoin market prices have not moved with BTC in the past six days. While Bitcoin has been on the rise, they have only moved sideways, slowly breaking past previous resistance around $104,000. Source: CoinMarketCap The AI sector is slightly ahead of most of the rest of the altcoin market, with gains of close to 110%. AI-related tokens also performed well. Goatseus Maximus…
Peter Jang December 18, 2024 09:40 NVIDIA NeMo-Aligner improves the performance and efficiency of neural models by introducing a data-efficient approach to knowledge distillation for supervised fine-tuning. NVIDIA’s NeMo-Aligner has unveiled a new methodology to improve supervised fine-tuning (SFT) through data-efficient knowledge distillation. According to NVIDIA, this innovative approach allows knowledge to be transferred from a larger teacher model to a smaller student model, achieving similar accuracy while reducing data requirements. Advances in Knowledge Distillation Knowledge distillation is a technique that has been widely used in pre-training scenarios but is less explored in the…
Cryptocurrency index fund manager Bitwise has launched the Solana Staking Exchange Traded Product (ETP) in Europe with the stock ticker BSOL, pending US registration approval for the Solana Exchange Traded Fund (ETF) product. It is known. According to a Blockworks report, on December 17, Bitwise launched its Solana (SOL)-based cryptocurrency staking ETP in Europe in collaboration with its management automation tool Marinade. Bitwise did not respond to Cointelegraph’s request for more details on the partnership by the time of publication.The new ETP offers stakers an Annual Percentage Yield (APY) of 6.48%, which outperforms European competitors such as 21Shares, which offers…
Ted Hisokawa December 18, 2024 06:58 The Hong Kong Monetary Authority announced the results of the People’s Bank of China’s six-month maturity RMB note bidding held on December 18, 2024. The Hong Kong Monetary Authority (HKMA) recently announced the results of bidding for six-month maturity Yuan banknotes issued by the People’s Bank of China (PBoC) through a press release. The tender, held on December 18, 2024, was successful, reflecting continued demand and confidence in Yuan-denominated financial products. Bidding Details The bid included six-month yuan notes, part of a broader strategy to promote the use…
Iris Coleman December 18, 2024 05:34 Matrixport is strengthening its presence in South Asia by applying for a Financial Services Permit license to provide virtual asset services in Gelephu Mindfulness City, Bhutan. Matrixport, a prominent player in the cryptocurrency financial services space, has announced its intention to apply for a financial services permit license from Bhutan’s Gelephu Mindfulness City Authority (GMCA). The move aims to enable Matrixport to conduct regulatory activities related to virtual assets within the Gelephu Mindfulness City (GMC), an important step as it is one of the first applicants under the…
A widely respected cryptocurrency trader says one decentralized oracle service project could one day overtake rival Chainlink (LINK). In a new video update, CoinBureau host Guy Turner told his 2.57 million YouTube subscribers that the market capitalization of Pyth Network (PYTH) could eventually soar due to its potential to generate massive fee income. “In my opinion, Pyth Network is one of the most underrated cryptocurrencies. This is because it is the oracle that provides the high-frequency data feeds that blockchains like Solana rely on. In other words, Pyth Network is similar to Chainlink, and some would argue that it is…
Darius Varu December 17, 2024 17:36 As analysts look ahead to a promising but volatile year for 2025, Bitcoin has reached a new milestone with a market capitalization exceeding $2 trillion and a price surpassing $100,000. Bitcoin (BTC) has achieved the incredible milestone of surpassing $2 trillion in market capitalization and reaching a price of $100,000, according to Bitfinex Alpha. Currently, 94.25% of the total 21 million Bitcoins have been mined, making Bitcoin the 7th largest asset globally, ahead of silver and Saudi Aramco. ETF dominance and market trends Exchange-traded funds (ETFs) will emerge…
reporter Posted on: December 18, 2024 CAT showed a strong bullish bias after rising nearly 50% in one day. Volume indicators have shown steady buying pressure in recent weeks despite a consolidation at $0.00004. Simon’s cat (CAT) had a big rally on December 16th. On this day, the stock price soared 48.6% and trading volume soared more than 10 times. This indicates high enthusiasm for buying the breakout meme coin. However, CAT faced some difficulties in convincingly breaking above the local resistance zone at $0.000063. On this day, it broke an all-time high of $0.000068, but the bulls failed to…
jack anderson December 17, 2024 18:13 Fine-tuning NVIDIA’s Small Language Model (SLM) promises improved accuracy in automating code reviews, reducing cost and latency while ensuring data privacy. The ongoing shift in enterprise technologies based on generative AI has resulted in significant advances in a variety of applications, including automating code reviews. According to NVIDIA, the adoption of large-scale native models is revolutionary, but brings challenges such as high costs, slow performance, and data privacy concerns. To address these issues, NVIDIA focused on fine-tuning its Small Language Model (SLM) to provide a more efficient and…