Arthur Hayes, chief investment officer of the Maelstrom Fund family office and co-founder of BitMEX, says artificial intelligence (AI) agents and cryptocurrency assets are a natural fit. In the Bankless interview, Hayes said AI memecoins are “a whole new life force” entering the cryptocurrency industry. “I think it will all be digital anyway, with AI agents being able to fill out all the anti-money laundering and know-your-customer forms. Right? They can fake images, they can do deepfakes, and they will definitely have big accounts. But if you think about it again… If you like (and participate in) frictionless and sufficiently…
Author: Crypto Flexs
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lawrence jenga 13 November 2024 16:45 Japan is leveraging AI to revolutionize healthcare through advances in drug discovery, robotics, and digital health platforms showcased at the NVIDIA AI Summit Japan. Japan is leading the way in integrating artificial intelligence into healthcare systems, focusing on drug design, robotics, and digital health platforms. According to the NVIDIA blog, these developments were highlighted at the recent NVIDIA AI Summit Japan, which highlighted the country’s commitment to addressing the healthcare needs of its aging population. AI-based new drug discovery Japan’s pharmaceutical industry, one of the world’s largest, is…
Dogecoin (DOGE) was one of the best performers in November and its rally accelerated after President-elect Donald Trump won the US election. In the last 30 days, DOGE gained 229%. These are the best performing cryptocurrency assets over 30 days. Source: CoinGeckoMemecoin’s market structure has previously undergone significant changes, with the price at $0.37 witnessed in October 2021. If DOGE repeats its historical pattern with a major turnaround in the near term, the price ceiling could go much higher. DOGE stands for the “classic” inverted head-shoulders pattern. Veteran trader Peter Brandt has frequently analyzed Doge’s price action over the past…
XRP has barely managed to break above its 16-month range formation. $0.62-$0.65 is expected to act as a support zone. Ripple (XRP) rose 49.2% from $0.496 on Monday, November 4 to a high of $0.74 on Tuesday, November 12. The symmetrical triangle and imminent breakout predicted in the previous AMBCrypto report have come true. At press time, the previous local highs of $0.62-$0.644 were being tested as support territory by the altcoin. I have defended it so far, but the rejection of $0.7 is painful. Can the bull climb higher? XRP Price Prediction: Indicators Remain Bullish Source: XRP/USDT on TradingView…
Off The Grid, a battle royale shooter with a hint of blockchain, had an electric debut, with players spinning 9.12 million wallets and processing more than 100 million transactions in its first month. However, Off The Grid’s use of blockchain technology is more of an option rather than a core element. Graphics and gameplay do not run on-chain and NFT in-game items are optional. The game plans to launch a marketplace where you can trade items from Gunz, the Avalanche subnet. The soon-to-be-released GUN Tokens will be an in-game currency that can be used to purchase items and skins. This…
Okay, if you’re like me, this market will give us all the fun we’ve been waiting for. Bitcoin has surpassed $80,000, and we are starting to see signs that this may be the start of a full-fledged bull market and not just another mistake. But this time it’s not just Bitcoin’s problem. Altcoins, institutional movements, and even meme coins are coming together in different-feeling ways. Let’s break down what’s happening and why we think we’re in the midst of one of the most interesting cycles the cryptocurrency industry has ever seen. Bitcoin Major Breakout: Is $200,000 Really on the Table?…
Timothy Morano November 13, 2024 13:43 NVIDIA and SoftBank Corp. are collaborating to strengthen Japan’s AI capabilities, unveiling AI-RAN and supercomputing initiatives to strengthen Japan’s global technology leadership. Strategic partnership between NVIDIA and SoftBank NVIDIA announced a strategic collaboration with SoftBank Corp. in an effort to strengthen Japan’s AI initiatives and strengthen its position in the global technology sector. As reported by NVIDIA Newsroom, this partnership aims to provide significant revenue opportunities to telecom providers around the world. Building an AI supercomputer in Japan At the NVIDIA AI Summit in Japan, founder and CEO…
PayPal USD (PYUSD), PayPal’s US dollar-pegged stablecoin, integrates with LayerZero, an inter-blockchain bridging protocol, to enable transfers between Ethereum and Solana. In a statement on November 12, LayerZero said that PYUSD now allows cross-chain transfers using the Omnichain Fungible Token (OFT) standard. This “enables the seamless transfer of assets between blockchains without relying on users to manage their own tokens.” “It’s a centralized platform like Venmo or PayPal.”source: layer zeroPYUSD’s market capitalization and distribution across both blockchain networks have changed significantly in recent months. On August 26, PYUSD reached a record market cap of $1 billion, with over $660 million…
This article is also available in Spanish. Bitcoin price rose above $88,000. BTC is currently consolidating gains near $90,000 and may decline slightly in the near term. Bitcoin expanded its gains and traded above the $88,000 level. The price is trading above $86,500 and the 100-hour simple moving average. The hourly chart of the BTC/USD pair (data feed from Kraken) has a bullish trendline attached with support at $85,200. If it stays above the $85,000 area, the pair could continue to rise. Bitcoin price sets another ATH Bitcoin price began a new rise above the $85,000 level. BTC cleared the…
Timothy Morano November 13, 2024 11:54 Offchain Labs is advancing Arbitrum’s scalability by focusing on alternative client solutions such as Reth, Erigon, and Nethermind to improve throughput and efficiency. Offchain Labs is leading efforts to improve scalability, performance, and usability within the Arbitrum ecosystem, the company recently announced. This initiative is part of an effort to address ecosystem feedback about the need for vertical scaling and increased throughput. The company’s latest technology roadmap highlights its commitment to developing innovative solutions such as BoLD, Stylus and Timeboost. These innovations are designed to alleviate throughput constraints…