Digital asset manager CoinShares said institutional investors invested more than $3 billion in cryptocurrency products last week. Latest Digital Asset Fund Flows reportInstitutional cryptocurrency investment products surged in net inflows of $3.13 billion last week, setting a new inflow record, according to CoinShares. “Digital asset investment products recorded record weekly inflows totaling $3.13 billion, bringing total inflows to $15.2 billion since mid-September when interest rates were first cut in the US. Annual inflows now stand at a record $37 billion, driven primarily by Bitcoin, far surpassing the debut of the US gold ETF, which attracted just $309 million in its…
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Chainwire, Paris, France, November 25, 2024The acquisition is intended to strengthen Request Finance’s regulatory compliance and expand its global multi-currency payment options for businesses. Customers can now pay third parties, pay bills, and pay employees with one-click on/off ramp functionality.Request Finance, a prominent platform for cryptocurrency and fiat financial operations, announced the acquisition of Pay.so Lithuania, a European regulated virtual asset service provider (VASP). This acquisition enables Request Finance to offer a fully compliant, one-click on- and off-ramp payment solution that bridges cryptocurrency and fiat for businesses of all sizes.Request Finance’s mission is to foster cryptocurrency adoption among compliant businesses.…
HighlightsImmortal Rising 2 builds on the success of its predecessor, which achieved over 2 million downloads in its first year.A TGE event for the IMX token is scheduled before this quarter. Planetarium Labs, a community-driven, well-funded Web3 gaming company, recently announced the launch of its Immortal Rising 2: Path of Ascension Play 2 airdrop (P2A) campaign. According to the announcement, pre-registration for the P2A campaign will continue until November 27 to give participants a chance to win SoulBound Tokens (SBT). SBT also offers holders a unique opportunity to unlock special rewards until the end of the campaign. Specifically, the first…
Ted Hisokawa November 26, 2024 11:19 MicroStrategy’s bold Bitcoin (BTC) accumulation strategy has made MicroStrategy a key player in the cryptocurrency market. Learn how the company’s approach connects traditional finance and digital assets. Once primarily known as a software company, MicroStrategy has emerged as one of the most important players in the Bitcoin (BTC) market. Since 2020, under the leadership of CEO Michael Saylor, the company has been aggressively accumulating Bitcoin and turning it into a central reserve asset. According to blog.bitfinex.com, MicroStrategy currently holds over 331,200 BTC worth approximately $32 billion. a bold…
Spot Bitcoin ETF recorded historic weekly inflows of $3.13 billion, demonstrating growing investor confidence. Altcoins such as Solana, XRP, and Litecoin have witnessed significant institutional inflows amid Bitcoin’s dominance. The ripple effects of Donald Trump’s presidential victory continue to ripple through the cryptocurrency market, fueling continued growth and activity. The market reached a significant milestone last week, with net inflows of approximately $3.13 billion into global investment products. This surge is primarily due to increased interest in US spot Bitcoin (BTC) exchange-traded funds (ETFs), highlighting the evolving dynamics of the market. Cryptocurrency inflow records broken According to CoinShares data, these…
Tony Kim November 26, 2024 10:12 Citing its comprehensive asset review process, Binance announced the delisting of several tokens including GFT, IRIS, KEY, OAX, and REN from December 2024. In a recent announcement, Binance, one of the leading cryptocurrency exchanges, revealed plans to delist several tokens including GFT, IRIS, KEY, OAX, and REN starting December 2024. This decision is made after periodic reviews of digital assets. According to Binance, it ensures compliance with high industry standards. Reason for delisting Binance conducts regular evaluations of listed digital assets, taking into account various factors such as…
Former Binance CEO Changpeng “CZ” Zhao has urged the cryptocurrency community to shift its focus from memecoins to building “real-world” blockchain applications.On November 26th, CZ shared his growing dislike for the memecoin ecosystem. In thesource: Zhao ChangfengCZ stepped down as CEO of Binance in November 2023 as part of a plea deal that fined him $50 million and banned him from “engaging in the current or future operations or management” of Binance. Since then, the entrepreneur has shifted his focus to supporting grassroots development and education at Web3.source: Zhao ChangfengSeveral memecoins, including Dogecoin (DOGE) and Shiba Inu (SHIB), have maintained…
just alvin November 26, 2024 08:20 Explore the challenges and solutions of fine-tuning large language models (LLMs) for effective domain-specific multilevel conversations, as detailed in together.ai. Large Language Models (LLMs) have transformed the landscape of conversational AI, significantly improving how interactions are performed across a variety of platforms. Despite their impressive general conversation capabilities, fine-tuning these models for domain-specific applications remains a complex challenge, according to together.ai. Challenges of domain-specific fine-tuning Organizations seeking to utilize LLMs in professional business situations often face obstacles due to the original training of models on extensive data sets.…
The trading bot earned 27,000 SOL. The bull market is revitalizing memecoins. Pump.fun has generated millions of dollars in revenue. The cryptocurrency bull market has led to a surge in memecoin activity. This is especially true for Pump.fun, Solana’s largest memecoin platform. Traders explore ways to profit from memecoins by leveraging technology, including trading bots. Recently, a trading bot flipped memecoins on Pump.fun and earned 27,000 SOL, equivalent to $6.8 million in profits.Trading bots make huge profitsTraders are increasingly using bots to automate their strategies. On Monday, November 25, Lookonchain reported that a bot had made significant profits on Pump.fun.…
Interest in Ethereum, the second-largest cryptocurrency asset, is once again gaining momentum among retail and institutional investors, evidenced by a significant increase in net staking inflows over the past week, along with recent improvements in the price of ETH. Continued increase in Ethereum staking net inflow In positive development Ethereum Staking It attracted significant capital last week, resulting in a surge in weekly net inflows. Maartuun, market observer and analyst at CryptoQuant, a leading on-chain data and analytics platform. reported A development that reflects our growing commitment. The surge in staking activity indicates that many investors are interested in supporting…