Key Takeaways US Bitcoin ETFs are expected to surpass gold ETFs in size by Christmas, with assets now reaching $107 billion. BlackRock’s iShares Bitcoin Trust remains a key player this week, accounting for 73% of net inflows to Bitcoin ETFs. Share this article The US Bitcoin ETF will soon overtake the gold ETF in size if it maintains its current accumulation rate. Bloomberg ETF analyst Eric Balchunas suggests these funds could outperform gold ETFs by Christmas.As of November 23, Bitcoin ETF assets in the U.S. reached $107 billion, accounting for about 86% of the total net assets of gold ETFs,…
Author: Crypto Flexs
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This article is also available in Spanish. Ethereum price started a new rise above $3,220. ETH is rising and targeting further gains above the $3,350 resistance level. Ethereum began a new rise above the $3,220 and $3,300 levels. The price is trading above $3,250 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a short-term contraction triangle forming with resistance at $3,360. A break above the $3,385 resistance area could provide bullish momentum. Ethereum price gains traction again Ethereum price stayed above $3,000 and started a new rise like Bitcoin. ETH rose above…
Alexey Pertsev will remain in pre-trial detention, a decision that has heightened concerns among privacy technology developers.Pertsev, the developer of cryptocurrency mixing protocol Tornado Cash, will remain in custody while awaiting trial. In a post published on November 21, Pertsev expressed disappointment with the court’s decision to extend his detention, which he said had hampered his ability to prepare for his appeal.Alexey Pertsev announced that pre-trial detention in X has been extended. Source: Alexey PertsevThe decision comes in response to growing regulatory interest in Pertsev’s cryptocurrency mixing protocol.On November 14, several Democratic lawmakers in the U.S. House of Representatives demanded…
lawrence jenga November 21, 2024 18:10 NVIDIA’s Grace and Grace Hopper CPUs deliver unprecedented energy efficiency and performance to Ansys workloads, transforming computing tasks in areas such as automotive safety and aerodynamics. NVIDIA has unveiled its latest advancement in computing performance with the introduction of Grace and Grace Hopper CPUs specifically designed to power Ansys workloads. According to NVIDIA’s official blog, these cutting-edge processors are set to redefine performance benchmarks in high-performance computing (HPC), especially in industries such as automotive engineering and aerodynamics. Innovative architecture for increased efficiency Featuring 72 high-performance Arm Neoverse V2…
SOL surged 8% and reached ATH. The market is optimistic about the ETF filing. Whales accumulate millions of Solana. Solana emerged as one of the best performers during the recent bull market and throughout the year. This trend intensified as political changes in the United States signaled favorable regulatory changes. Most recently, the token hit an all-time high as the possibility of Solana ETF approval increased. As a result, whales that have accumulated Solana have recorded millions of dollars in profits over the past few months. Solana reached ATH as whales earned millions of dollars. Whales placed a bet on…
Timothy Morano November 21, 2024 18:49 AVEVA and NVIDIA leverage AI to transform industrial automation and improve efficiency and safety in energy, power, and chemicals through dynamic simulation and deep reinforcement learning. AVEVA, a renowned industrial software company, is collaborating with NVIDIA to advance autonomous operations in the energy, power, and chemical industries. According to NVIDIA’s blog post, by integrating AVEVA’s dynamic simulation platform with NVIDIA’s Raptor deep reinforcement learning (DRL) engine, the partnership aims to transform traditional industrial processes into fully autonomous operations. Industrial Operations Transformation This collaboration focuses on leveraging AI to…
A cryptocurrency analyst who follows closely believes that the most popular memecoin by market capitalization is ready for another leap forward. Dogecoin (DOGE) is printing a bullish pattern on the four-hour chart after bouncing off the $0.36 level, pseudonymous analyst Altcoin Sherpa told his 230,700 followers on social media platform “DOGE: This is not a bearish chart. There is still time to fully port this part. The next leg will be out soon.” Source: Altcoin Sherpa/X He also suggests that DOGE could surge to near its all-time high of around $0.74. “DOGE is not that far away now. I actually…
Felix Pinkstone November 21, 2024 19:50 Bitfinex Securities has launched accelerated onboarding for El Salvador residents, simplifying access to tokenized securities under El Salvador’s regulatory framework. Bitfinex Securities El Salvador SA de CV, a regulated platform that facilitates capital raising through the listing of tokenized securities, has launched a rapid onboarding process for Salvadoran citizens residing in El Salvador. According to blog.bitfinex, the initiative, announced on November 21, 2024, will streamline the process for Salvadoran residents to participate in capital raising opportunities and trading activities through Bitfinex Securities’ El Salvadoran regulator, while ensuring compliance…
O.Founder Ahmad Shadid defended both his and the company’s actions, but spoke with several sources familiar with the company’s operations. decryption O. refutes the public’s claims, alleging widespread misrepresentation of XYZ’s capabilities.O.XYZ has established itself as a community-owned “super AI” ecosystem. The company claims that it can leverage significant GPU computing power to deploy tens of thousands of open source models to run a variety of tasks.Sources claim the company overstated its capabilities, falsely saying it could connect to more than 100,000 AI models, run 20 times faster than its competitors, and possessed powerful hardware it didn’t actually have. They…
contributor Posted on: November 23, 2024 A strong and bullish price action could push BNB up 15% to reach the $775 level. Traders were overleveraged at the $656.3 and $683.3 levels. Binance Coin (BNB), the world’s fifth-largest cryptocurrency, has made a strong rebound, breaking away from a bullish price action pattern without being overtaken by Ripple (XRP). During early morning Asian trading hours, both altcoins were very similar in value, with their market caps almost identical. With strong bullish sentiment across the cryptocurrency landscape, BNB has begun a rebound, turning the outlook to bullish. For now, positive price action, increased…