Ethos XEthosX, a revolutionary platform for trading derivatives on the blockchain, is reshaping the derivatives trading industry. Backed by prominent investors such as Franklin Templeton, Y Combinator, Token Metrics Ventures, Ascensive Assets, Global DeVC, Taisu Ventures, and others, EthosX is solving the long-standing challenges of complexity and inefficiency in derivatives trading. Derivatives trading, especially options trading, has historically A complex and opaque process. Retail traders often find it overly complex due to its limited scope beyond speculative trading. Institutional traders face concerns about high costs, particularly low volumes, and the risks associated with centralized exchanges. In addition, existing decentralized derivatives…
Author: Crypto Flexs
Cryptocurrency expert Chris Burniske reaffirmed his confidence in Ethereum (ETH) competitor Solana (SOL), confirming his future price prediction despite the bear market. Late last month, Burniske, a partner at crypto venture firm Placeholder, said that a $1,000 price target for SOL could look “conservative” going forward. Since his prediction, Solana has undergone a significant price correction, dropping to around $180 and is trading at $129 at the time of writing. But Burniske says: “It’s still the case. It’s not swayed by short-term price movements.” He doubled his $1,000 SOL prediction, saying that when Solana was trading at $8, many people…
Company • August 6, 2024 4:50 PM EDT Posted 1 minute earlier In ~ Updated: August 6, 2024 4:54 PM EDT Nasdaq and BlackRock, the world’s largest asset manager, plan to list and trade options on their spot Ethereum exchange-traded fund (ETF).In a filing posted on the Securities and Exchange Commission site on Tuesday, BlackRock and Nasdaq ISE, LLC proposed rule changes to list and trade options on the iShares Ethereum Trust (ticker ETHA).”The Exchange believes that offering the option to the Trust will benefit investors by providing them with an additional, relatively low-cost investment tool to gain exposure to…
Tony Kim Aug 6, 2024 22:07 Injective’s July Community Update details important milestones during EthCC, including the success of the Injective (INJ) Builder House. Injective (INJ) has released its monthly community update for July, highlighting key milestones and achievements within its ecosystem. According to the Injective blog, July was a significant month for the platform, with progress made not only within the Injective ecosystem but also in the broader financial sector. Injection Builder House One of the highlights of this month was the inaugural Injective Builder House in Brussels during EthCC. This day-long event…
The price of ONDO has increased by 30% in the last 24 hours, making it one of the coins with the highest gains during this period. Before the recent rally, the token of the Real World Assets (RWA) tokenization project was down to $0.64. In particular, a significant recovery could be linked to a significant buildup of familiar players. Could this help ONDO maintain its upward momentum? BlackRock, once again supported by temperature According to blockchain tracker Arkham Intelligence, Blackrock purchased $5 million worth of ONDO tokens on August 5. Before that, the world’s largest asset manager bought the same…
Bitcoin (BTC) has had a bad start to August, falling more than 14% so far. This has been fueled by several negative macroeconomic factors, including rising interest rates in Japan, weak U.S. employment data, and geopolitical tensions in the Middle East.According to data provided by Cointelegraph Markets Pro and TradingView, Bitcoin fell to a seven-month low of $49,577 on Bitstamp after losing key support provided by the 200-day EMA and the $50,000 level. BTC/USD daily chart. Source: TradingViewMass liquidations occurred as Bitcoin fell below $50,000 on August 5, with over $500 billion wiped from cryptocurrency markets.At the time of publication,…
Company • August 6, 2024 2:36 PM EDT Posted 1 minute earlier In ~ About the AuthorJames Hunt is a journalist at The Block and author of The Daily newsletter, bringing you the latest crypto news every weekday. Prior to joining The Block in 2022, James worked as a freelance writer in the industry for four years, contributing content to publications and crypto projects. James’s coverage ranges from Bitcoin and Ethereum to layer 2 scaling solutions, avant-garde DeFi protocols, evolving DAO governance structures, trending NFTs and memecoins, regulatory landscapes, crypto company deals, and the latest market updates. Reach James on…
The regenerated rendering was referenced from Metaplanet. Main Content MetaPlanet invested $58.76 million in Bitcoin as part of a large-scale fundraising effort. Investments aim for long-term asset appreciation and hedging against currency depreciation. Share this article Metaplanet, a Japanese investment and consulting firm dubbed the Asian version of MicroStrategy, announced that it plans to invest about 8.5 billion yen ($58.76 million) in Bitcoin by offering stock options to shareholders. The move comes as part of a massive fundraising effort worth about 10 billion yen ($69.13 million).The Board of Directors of the Company has approved the free allocation of the 11th…
Bitcoin, Ethereum ETF trading volume soars to nearly $6 billion BTC and ETH have bounced slightly over the past 24 hours. Bitcoin (BTC) and Ethereum (ETH) experienced notable price declines in the last trading session, breaking through key support levels. Despite these price declines, trading volumes within each of the exchange-traded funds (ETFs) surged in contrast, reaching impressively high levels. Bitcoin, Ethereum ETF Trading Volumes Hit All-Time Highs Recent data from Coinglass highlights the significant increase in trading volumes for Bitcoin and Ethereum ETFs, with these assets totaling close to $6 billion in the last trading session. Bitcoin ETFs took…
Felix Pinkston Aug 6, 2024 18:44 NVIDIA’s TensorRT-LLM and Triton Inference Server optimize the performance of a large-scale Hebrew language model to overcome unique linguistic challenges. Developing a high-performance Hebrew large-scale language model (LLM) presents a distinct challenge due to the complex nature of Hebrew. The complex structure of Hebrew, combined with the lack of capitalization and frequent absence of punctuation, complicates sentence segmentation and accurate text processing. The Challenges of Hebrew Language Processing Hebrew words are formed by combining roots and patterns, and depending on the context, a single word can have multiple…