Yorg Healer October 23, 2024 21:11 According to the NVIDIA Technology Blog, NVIDIA CUDA-Q and cuDNN accelerate quantum algorithms for solar energy prediction, resulting in significant improvements in speed and accuracy. The advancement of sustainable energy forecasting has taken a major leap forward with NVIDIA’s introduction of CUDA-Q and cuDNN into the realm of quantum algorithms. According to the NVIDIA Technology Blog, these cutting-edge tools have played a key role in increasing the efficiency and accuracy of solar energy forecasts. Quantum Algorithm in Solar Prediction Ying-Yi Hong, a distinguished professor at Chung Yuan Christian…
Author: Crypto Flexs
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This article is also available in Spanish. Ethereum price It has just broken out of a major symmetrical triangle pattern, indicating potential upside. soar to new levels Over $3,000. Analysts who have closely followed the Ethereum price movement over the past few months consider the recent breakout to be a bullish indicator for the top altcoin. Ethereum price has broken out of the main triangle pattern. A famous cryptocurrency analyst known as “TheMoonCarl” on X (formerly Twitter) revealed Ethereum price has finally broken out of its symmetrical triangle pattern. Sharing a chart illustration of a unique technical pattern, the analyst…
Key Takeaways Tesla held 11,509 BTC worth approximately $765 million during its Q3 2024 earnings call. Tesla’s third-quarter earnings exceeded expectations and improved compared to the previous quarter, with a gross margin of 19.8%. Share this article Tesla released its third quarter earnings report showing solid financial performance while maintaining significant Bitcoin holdings.Analysts and investors have been particularly focused on the company’s profit margins and whether Tesla will change its Bitcoin strategy following recent wallet movements. Despite speculation, Tesla confirmed that its Bitcoin holdings have not changed.As of the third quarter, Tesla continues to hold 11,509 BTC worth approximately $765…
Ether (ETH) price fell 9.6% from October 20 to October 23 after experiencing a strong rejection at the $2,700 level. This move erased the gains of the previous 10 days, and the 30-day performance remains negative, down 6%, with the Ethereum price now stabilizing near $2,500.The chances of ETH reclaiming $2,800 support are decreasing, and on-chain data shows that high transaction fees are driving activity away from the Ethereum network and ultimately reducing demand for native staking. Total cryptocurrency market cap (blue) and Ether/USD (green). Source: TradingViewSome of Ether’s recent decline can be attributed to the overall cryptocurrency market cap…
The trajectory of the SUI token has changed. The token’s performance in recent weeks has been largely positive. SUI has recently faced allegations of insider selling. The recent resurgence of SUI, the native token of layer-1 blockchain Sui, has surprised the cryptocurrency market as it overcame a seven-month struggle to reach new highs. The rally saw SUI regain the $2 peg it lost in March 2024 and hit new all-time highs, quickly sparking positive sentiment across the ecosystem. However, unable to sustain gains, the token once again fell below the recently recovered peg. The downward spiral of SUI After a…
Tony Kim October 23, 2024 20:36 GetBlock integrates the Cronos (CRO) zkEVM RPC node to provide developers with customizable, high-speed API connectivity. This collaboration aims to streamline dApp development with cost-effective and secure solutions. In a significant development for blockchain infrastructure, GetBlock announced the integration of the Cronos (CRO) zkEVM RPC node into its service portfolio. According to Cronos Labs, the move is aimed at improving the toolkit available to developers working on the zero-knowledge Ethereum virtual machine (zkEVM). Creating developer opportunities GetBlock, a leading Web3 infrastructure platform operating since 2019, now supports Cronos…
Chainlink (LINK) founder Sergey Nazarov said his partnership with payments giant SWIFT has reached an important milestone. In a new speech at the Sibos 2024 conference in Beijing, Nazarov said Chainlink has developed a system that connects the world of traditional finance (TradFi) with blockchain capabilities. “Over the years, we have worked with SWIFT to provide the ability to use SWIFT messages and the SWIFT standard to efficiently interact with blockchains while minimizing additional investment from institutions. I am very excited to tell you that this diagram (below) presented in SWIFT’s second pilot last year is now a reality. “Now…
Ethereum (ETH) bulls have a big challenge ahead of them, despite helping the altcoin rise above $2,700. The new task this time is to prevent ETH from falling below the critical support level of $2,400. In this analysis, BeInCrypto checks whether the cryptocurrency will fall below the zone or whether the bulls will successfully defend it. Ethereum sees increased capital injection. On October 19, Chaikin Money Flow on the Ethereum daily chart fell to -0.10. CMF, popularly called its short form, measures the rate of capital flow into and out of a cryptocurrency. As CMF rises, more funds flow into…
Mert Mumtaz left Coinbase to found Solana developer tools firm Helius in June 2022. But just a few months later FTX collapsed, taking the price of SOL down 60% with it. Solana had soared to its all-time high of $260 a year earlier, in November 2021, thanks in part to its high-profile champion, billionaire FTX founder Sam Bankman-Fried. Mert the Magnificent in Singapore. (X) But when it became apparent SBF was headed to jail over the $8 billion fraud, many thought Solana might never recover. But if you think Mumtaz was worried about his fledgling company’s future, you’d be wrong.…
POL is consolidating within a bearish channel as bullish sentiment builds despite recent price stagnation. On-chain indicators such as active addresses and stable futures funding ratio support the possibility of a breakout. POL (formerly MATIC) Both crowd and smart money indicators are experiencing notable shifts in market sentiment that signal growing optimism. Herd sentiment is at 0.95 and smart money is at an impressive 3.00. This bullish sentiment, combined with increasing network activity, could lead to significant moves. However, POL’s price action has not yet broken out of the consolidation phase. At press time, Polygon is trading at $0.3636, down…