Since the imposition of martial law, the country’s five largest cryptocurrency exchanges have recorded spot trading volume of over $34 billion in the past 24 hours, breaking an all-time high. According to data from CoinMarketCap, over the past 24 hours, the combined cryptocurrency spot trading volume of Upbit, Bithumb, Coinone, Korbit, and Gopax reached $34.2 billion in the 24 hours ending 10:30 AM ET. Trading volume in South Korea has surged nearly 50% since Dec. 2, when it broke the previous record of $18 billion and outpaced the stock market by 22%. This surge is interpreted as being triggered by…
Author: Crypto Flexs
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lawrence jenga December 4, 2024 08:19 According to Bitfinex, Bitcoin’s recent performance suggests potential growth above $100,000 as short-term demand catches up with long-term supply dynamics. Bitcoin’s Resilient November Performance In November, Bitcoin showed notable resilience despite experiencing some volatility. The cryptocurrency suffered its steepest decline since the US election, falling 8.64% to $90,911, according to Bitfinex. However, it rebounded quickly to close the month at a record $96,506, up 37.3% and marking the second-highest monthly growth of 2024. Bitcoin’s Potential in December The positive trend is expected to continue in December, which is…
Louisa Crawford December 3, 2024 18:32 Nvidia unveils a new workflow that uses generative AI to generate synthetic data and improve AI model training for robotics and autonomous systems. In a significant advancement in AI model training, Nvidia has introduced a generative AI-enabled synthetic data pipeline aimed at improving the development of cognitive AI models. According to Nvidia, this innovative approach addresses the challenge of acquiring diverse and extensive data sets that are critical for training AI models that power autonomous machines such as robots and self-driving cars. The Role of Synthetic Data Synthetic…
A widely respected analyst is bullish on layer-1 blockchain Avalanche (AVAX) while offering predictions for its flagship memecoin, Dogecoin (DOGE), and its interoperable chain, Polkadot (DOT). The analyst, who goes by the pseudonym Rekt Capital, told his 518,000 followers on social media platform X that the Avalanche had witnessed a strong November. “Avalanche posted a historically strong monthly close above the light blue level of $38.57. Any future decline (below $38.57) will likely be an attempt at a retest in a very similar way to the retests in September 2021 and March 2024 (green/orange circles).” Source: Rekt Capital/X Based on…
jack anderson December 3, 2024 18:58 NVIDIA is collaborating with AWS to launch advanced AI, robotics, and quantum computing solutions to enhance cloud capabilities for developers and enterprises. NVIDIA announced its collaboration with Amazon Web Services (AWS) to launch cutting-edge software solutions aimed at advancing the fields of AI, robotics, and quantum computing. The announcement was made at the AWS re:Invent conference in Las Vegas, a premier event for the global cloud computing community. NVIDIA DGX Cloud on AWS NVIDIA DGX Cloud, our AI computing platform, is now available in AWS Marketplace. This platform…
XYO has a bullish structure on the hourly time frame. The moving average and $0.0284 were the next support levels for buyers to defend. The XYO Network (XYO) cryptocurrency rose 185% in 24 hours, with most of the gains occurring in the first 6 hours when bulls reversed a short-term retracement. As things stand, bulls are dominant, and the $443 million market capitalization asset is likely to rise higher in the coming months. The $0.02 level provides temporary resistance. Source: TradingView XYO/USD On November 18th and 19th, XYO experienced an 81% rally in 24 hours. Following this surge, the token…
On-chain data shows that the Ethereum exchange supply ratio continues to remain flat near its 2016 lows, which could be a positive sign for ETH. Recently, the Ethereum exchange supply ratio hit its lowest level. In a CryptoQuant Quicktake post, the analyst talked about the recent trends in the Ethereum Exchange Supply Ratio. “Exchange Supply Ratio” is an on-chain indicator that tracks the ratio between ETH’s exchange reserves and total circulating supply. Here, “exchange holdings” refers to the total amount of cryptocurrency currently held in wallets connected to a centralized exchange. If the value of this indicator increases, it means…
Peter Jang December 3, 2024 19:57 NVIDIA advances physical AI by integrating Isaac Sim with AWS and leveraging NVIDIA L40S GPUs for enhanced robotics simulation and development, driving scalable solutions in industries such as manufacturing and logistics. According to NVIDIA, advancements in artificial intelligence have taken a major leap forward with NVIDIA’s integration of Isaac Sim robot simulations with Amazon Web Services (AWS). These developments highlight the growing synergies between AI and cloud computing, making sophisticated robotics capabilities more accessible and scalable. AWS Integration with NVIDIA’s Isaac Sim NVIDIA’s Isaac Sim, a reference application…
The cryptocurrency market regained some ground as President Yoon Seok-yeol overturned the martial law declaration less than six hours later. According to local reports, the declaration was lifted during a cabinet meeting around 4:30 a.m. local time. About 190 of the 300 members of parliament voted to reject martial law. The Washington Post (WP) reported that Rep. Yoon said, “I will accept the National Assembly’s request and lift it.” According to Korean law, the government must lift martial law if it is requested by a majority vote in the National Assembly. Martial law forces are entering the main building of…
Terrill Dickey December 3, 2024 20:23 NVIDIA introduced AI Blueprints to improve application security and operational efficiency by automating early security patches in AWS’ CI pipeline. The shift to microservices-based architectures has transformed modern application development, providing flexibility and scalability while introducing new security challenges. With the advent of this architecture, engineering teams now face exponentially increased responsibilities, including network security, identity management, and vulnerability scanning across numerous services. According to NVIDIA, manual vulnerability patching is increasingly impractical and requires automation for consistent and scalable security measures. Automation with NVIDIA AI Blueprint NVIDIA’s AI…