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NVIDIA, US NSF Team Up to Advance AI Development in the Country

NVIDIA partners with U.S. NSF to launch NAIRR, an AI-focused pilot program. The initiative is aimed at broadening access to AI discovery and innovation tools.  The project is expected to deliver advanced AI tools to researchers and educators. American multinational technology company NVIDIA has partnered with the U.S. National Science Foundation (NSF) to launch the National AI Research Resource (NAIRR) pilot program. “The initiative aims to broaden access to the tools needed to power responsible AI discovery and innovation,” the announcement read.  The partnership announced Wednesday throws NVIDIA into a partnering circle with the NSF, which also involves efforts from ten other federal agencies, as well as a slew of other organizations. “By investing in AI research through the NAIRR pilot, the United States unleashes discovery and impact and bolsters its global competitiveness,” said NSF Director Sethuraman Panchanathan. Katie Antypas, the ...

Ethereum Price Prediction: SEC Delays Decision On The BlackRock Ethereum ETF Until March As Investors Turn To This New Green Crypto For 10X Potential Gains

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The Ethereum price is down 0.26% in the last 24 hours to trade for $2,210 as of 1:15 a.m. EST time, with trading volume dropping 45%. It comes as the US Securities and Exchange Commission delayed a decision on the BlackRock Ethereum exchange-traded fund (ETF) until March. BREAKING 🚨🇺🇸 SEC DELAYS BLACKROCK ETHEREUM ETF pic.twitter.com/VTCSdZXM34 — TMG ₿ (@MartiniGuyYT) January 24, 2024 In a filing on Wednesday, the financial regulator delayed its decision on the spot Ether ETF filing from BlackRock, which is among the few firms that have filed for the ETH investment product. Others include VanEck, Ark 21Shares, Hashdex, Grayscale, and Invesco Galaxy. Bloomberg’s ETF specialist James Seyffart believes the delays will continue to happen sporadically over the next few months. Spot Ethereum ETF Delays will continue to happen sporadically over the next few months. Next date that matters is May 23rd https://t.co/2zBBvHkrVk — James Seyff...

Gold Price To Rise 10% in 2024 After Fed Rate Cut Says UBS

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With the asset having a rather inconsistent start to the year, the Gold price is predicted to rise 10% in 2024 after Federal Reserve Rate cuts according to UBS. Indeed, the financial service company has noted that a Fed pivot could be the catalyst for the price to increase throughout this year. However, the big question of when the Fed could begin cutting interest rates remains. The expectation of such cuts to take place in March has quieted in recent weeks. Still, the Swiss-based financial services firm is confident that the asset will respond bullishly to the development. Also Read: BRICS Continue Gold Buying Spree in 2024 Gold Price to Get a Boost From Fed Rate Policy Pivot At the tail end of 2023, the price of GOLD went on a historical run. The metal saw its value skyrocket, reaching an all-time high price of $2135 in the middle of December. However, since the new year arrived, the asset has had a hard time continuing the bullish momentum it gathered during the final m...

Ripple v. SEC case update as of January 24, 2024

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After Ripple scored several major wins in the years-long court standoff against the United States Securities and Exchange Commission (SEC), the cryptocurrency community is waiting for the final decision on the reparations the blockchain company has to pay over its institutional sales of XRP. Indeed, in a momentous decision on July 13, 2023, Judge Analisa Torres declared that no retail sales of the XRP token were securities sales but said institutional sales did qualify as such, leaving the two parties to try and agree on the amount of damages Ripple has to pay. Throwing motions and replies In this context, the SEC filed on January 11 a Motion to Compel Ripple to produce its financial statements for 2022 – 2023 and its post-complaint contracts governing institutional sales, per a document shared by defense attorney and former federal prosecutor James K. Filan. Following its Motion for Extension of Time until January 19 to respond to the SEC’s Motion to Compel, Ripple’s legal t...

Bitcoin Price Prediction: BTC Plummets 5%, But This Bitcoin Cloud Mining Presale Is Soaring Towards $10 Million Raised

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The Bitcoin price has plunged 5% in the last 24 hours to trade at $38.9K as of 8:19 a.m. EST.  This comes amid much turbulence for the Bitcoin market with the Grayscale Bitcoin Trust (GBTC) witnessing a massive outflow of over $640 million yesterday, the largest single-day outflow for the trust. This event has contributed to total outflows from GBTC of $3.45 billion since BTC ETFs were approved almost two weeks ago.  Update: BlackRock's numbers are in for the #Bitcoin ETF Cointucky derby. Third biggest inflow day for $IBIT yet at $272 million. Only -$76 million in net outflows for the day. https://t.co/ySE0edbz4c pic.twitter.com/RzgH6qn5Md — James Seyffart (@JSeyff) January 23, 2024 Bitcoin Price Prediction Looking at an in-depth Analysis of 2-hour BTC/USD charts, the Bitcoin price is on a downward trend, as indicated by the recent series of red candles. The moving averages (the orange and blue lines on the MACD) are trending downwards, which usually confirms ...

FTX Token Price Prediction: FTT Surges 12%, But Investors Turn To This AI Presale With Only Hours Left To Buy

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The FTX token price jumped 12% in the last 24 hours to trade for $2.60 as of 4:30 a.m. EST time on trading volume that skyrocketed almost 300%. It comes amid revitalized chatter around FTX after the exchange sold nearly $1 billion of the Grayscale Bitcoin Trust (GBTC) exchange-traded funds (ETF). A person familiar with the matter told CoinDesk that the lion’s share of outflows from Grayscale was FTX’s bankruptcy estate dumping 22 million shares worth the aforementioned amount. SCOOP: @FTX_Official sold about $1 billion of @Grayscale's $GBTC since #bitcoinETF approval – explaining a large chunk of its outflow.@IanAllison123 reportshttps://t.co/9t04mPvFhT — CoinDesk (@CoinDesk) January 22, 2024 In principle, with FTX done selling its sizeable holdings, constituting a third of total Grayscale Bitcoin Trust outflows, analysts anticipate easing selling pressure. Wait, if $1bn of the selling in GBTC was FTX LIQUIDATORS as reported, that is 1/3 of the total outf...

Meta faces pressure from Congresswoman Maxine Waters over crypto trademark filings

Congresswoman Maxine Waters raised concerns over Meta’s recent trademark filings related to crypto, seeking clarification on the company’s plans in web3. Rep. Maxine Waters (D-Calif.) sent a letter to Meta executives, seeking answers about Meta’s apparent intention to expand its involvement in the crypto ecosystem. Waters, who serves as the top Democrat on the House Financial Services Committee, conveyed her concerns through a letter addressed to Meta’s top executives, including CEO Mark Zuckerberg and COO Javier Olivan. The letter delves into inquiries about Meta’s strategic direction in web3 and explores its stance on stablecoin initiatives following Meta’s submission of five trademark applications related to crypto and blockchain products with the U.S. Patent and Trademark Office. “With its initial filings on Mar. 18, 2022, Meta’s application submissions as of Jan. 22 appear to represent a continued intention to expand the compan...

New Play-to-Earn Meme Coin Aiming to Become the Next GambleFi Gem

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Recently, two Solana-based meme coins experienced a significant surge, prompting the question of whether the emerging meme coin, Meme Kombat, can replicate this success upon its launch in 2024. Apart from $BONK and $WIF, another meme coin gaining popularity in the crypto community is Meme Kombat (MK). Today, Meme Kombat achieved a significant milestone in its ongoing crypto presale by raising an impressive amount of over $7 million. Hottest Play-to-Earn meme token ICO surpasses $7 million mark Meme Kombat achieved a major milestone today in its ongoing crypto presale, gathering an impressive $7.3 million so far. The presale started in September last year and is now growing into a major player in the meme coin sector, attracting attention from both the crypto community and analysts. For those who believe in the project, participating in the ongoing presale could be rewarding before the broader launch. $MK tokens are currently available at a rate of 1 $MK equal to ...

KEKKAI joined the Dmail Network

KEKKAI joined the Dmail Network. Through Dmail Network’s SubHub, KEKKAI will have direct access to our community of over 5 million users. This collaboration allows KEKKAI to communicate crucial security updates, tips, and insights directly to users’ digital wallets and DIDs. KEKKAI Joins Dmail Network’s SubHub Ecosystem to Bolster Web3 Security Dmail is thrilled to announce that KEKKAI, a revolutionary Web 3.0 anti-fraud security solution, has partnered with Dmail Network as a part of its growing SubHub ecosystem. This partnership highlights its dedication to improving the security and dependability of the Web3 experience for all of its users. Introducing KEKKAI: Leading the Way in Web3 Security KEKKAI, headquartered in Japan, is transforming Web3 security with its consumer-centric solutions. Some of the key Features are: Comprehensive Security Solutions : Offering a browser extension and mobile application tailored to prevent fraud. Multi-Chain Support : Functioning seamlessly ...

Dogecoin Price Consolidates And Reaches Decisive Support At $0.070

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Jan 21, 2024 at 09:02 // Price Author Coin Idol The price of Dogecoin (DOGE) has been below the moving average lines since the price slump on January 3, 2024. Long-term forecast for the Dogecoin price: bearish Selling pressure has paused above the current support level of $0.073. The bears have not been able to sustain their bearish momentum to the $0.070 level over the past two weeks. Nonetheless, the cryptocurrency fell to the lows of $0.074 and $0.075 before correcting higher. DOGE is currently trading at $0.074 and below the moving average lines. ...

Messari Analysts Bullish on Celestia; Says it has no Close Comparables

Messari analysts highlight strides on Celestia and potential growth drivers.  Rollup blockchains on the network are expected to be the primary fee drivers.  The analysts said the market is pricing Celestia for high growth, and it may deliver on its expectations.   Amidst a sporadic rise that sent TIA to a new all-time high, analysts at cryptocurrency research firm Messari suggest Celestia Network may see further growth as activities and projects on the platform increase. In a post on social media platform X (formerly Twitter), Messari senior research analyst Kunal Goel explained the factors that have spurred growth on the network. Firstly, Goel highlighted that Celestia has very low fees compared to networks offering similar services. However, the analyst stated that the primary fee drivers will be layer-2 rollup blockchains on Celestia. However, the analysts argue that the demand for security is much more relevant for Celestia than its fees. Already, the...

Here’s how many billions shook the Bitcoin ETF market this week

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The newly approved spot Bitcoin exchange-traded funds (ETFs) are recording increased investor interest even as the cryptocurrency struggles to sustain its valuation above key support levels.  In this line, in an X (formerly Twitter) post on January 19, senior Bloomberg ETF analyst Eric Balchunas indicated that in the first five days of the products’ trading, they attracted a volume of  $14.11 billion . Grayscale Bitcoin Trust (GBTC) continues to dominate the market with over half of the volume at $7.64 billion . iShares Bitcoin Trust (IBIT) secured the second position with $2.76 billion , followed by Fidelity Wise Origin Bitcoin Fund (FBTC) at $2.1 billion . Reflecting on the first five days of trading, Balchunas observed that the fifth day seemed like a stretch for months. The total rolling net flows recorded a notable gain of $1.2 billion. However, it experienced a slight dip after Grayscale’s GBTC registered a substantial outflow of $582 million, which surpass...

MetaMask rolls out Validator Staking, opening path for user-run Ethereum nodes

MetaMask, the non-custodial wallet developed by Consensys, has launched Validator Staking on MetaMask Portfolio, enabling users to run their own Ethereum validator nodes but with a 10% fee. As per the Jan. 18 announcement, the feature will allow users to operate their Ethereum validator node without the complexities of pooling or the need for specialized hardware. Introducing Validator Staking on MetaMask Portfolio. With a 32 ETH deposit, we run your very own validator node where you're always in control. No pooling. No hardware. Just rewards.️ https://t.co/rmCtgs86WO pic.twitter.com/R8VRttP2XX — MetaMask 🫰 (@MetaMask) January 18, 2024 MetaMask will operate validator nodes for stakeholders who deposit 32 Ether (ETH), a commitment valued at approximately $78,752 based on the current Ethereum market prices. The crypto wallet provider will ensure the security and efficient management of these nodes , promising to streamline staking rewards while mitigating risks associ...

XRP sell-off alert: Analyst warns of crash to $0.34

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XRP is often haunted by whale movements, such as the recent 440 million XRP whale and Ripple’s monthly sell- offs. Moreover, court developments on the SEC vs. Ripple case directly impact the token and investors’ confidence. In the meantime, the cryptocurrency trading expert Ali Martinez warned of a possible sell- off scenario brewing for XRP. Martinez posted a technical Analysis on X (formerly Twitter) on January 18, showing a multi-year trend threatened to break down. “XRP is currently grappling to maintain its footing at the crucial $0.55 support level. Should this support fail to hold, be prepared for a possible sell- off scenario that could see XRP descending toward $0.34!” — Ali Martinez (@ali_charts)  XRP/USDT perpetual contract daily chart on Binance. Source: @ali_charts   XRP price analysis and possible bearish breakout Notably, the parallel channel spotted by Ali Martinez dates from 2022, and XRP has so far respected its range. XRP traded as high as $0.92 in July 2023...

MATIC Dump? Blockchain Firm Accuses Polygon of Suspicious Transfers

According to ChainArgos, there have been several suspicious flows to exchanges from Polygon. ChainArgos claimed that the Polygon network has not sustained its original token allocation plan. The blockchain intelligence firm highlighted inconsistencies in Polygon’s vesting contract outflows. According to ChainArgos, a blockchain intelligence firm, there have been several suspicious flows to exchanges from Polygon. The firm shared details of its allegations in a follow-up thread on X (formerly Twitter), claiming that the Polygon network has not sustained its original token allocation plan. 1/ Polygon: more suspicious flows to exchanges. Do you people not check anything? This is only ~200mm but … come on. Maybe a reply is now warranted? https://t.co/reDtyFsecP pic.twitter.com/U0v1AJlkt7 — ChainArgos (@ChainArgos) January 18, 2024 On January 15, the blockchain intelligence firm shared information about its discoveries in Polygon’s token distribut...

Dogecoin Gets 75x Leverage USDC Perpetual Contract on Binance

Binance Futures will commence the USDC Dogecoin pair on Thursday. The exchange offered a 10% discount on fees on all USDC-margined futures contracts. Using the Multi-Assets Mode, users can trade the DOGEUSDC perpetual contract across multiple margin assets. Leading crypto trading platform Binance has moved to launch the USDC-margined Dogecoin (DOGE) Perpetual Contract with a 75-fold leverage limit. The platform communicated this development in a recent statement via an official blog, noting the move is to enrich the trading landscape and provide users with more diverse options. Per the disclosure, Binance Futures will commence the USDC Dogecoin pair for perpetual contract starting Thursday, January 18, at 10:00 (UTC). This latest addition will allow users to trade DOGE with leverage of up to 75x, providing an opportunity for enhanced market exposure. Furthermore, the exchange noted that the DOGEUSDC perpetual contract Features a capped funding rate of +0...