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Affichage des articles du décembre, 2023

UltiHash raises $2.5M to make data storage more cost-effective and sustainable

UltiHash Inc. said today it has closed on a $2.5 million pre-seed funding round, paving the way for the launch of its high-performance data storage software that aims to boost the capacity of existing storage drives and help enterprises achieve a better balance between performance and costs. Today’s round was led by Inventure, and saw participation from the likes of PreSeedVentures, Tiny VC, Futuristic VC, The Nordic Web and Antti Karjalainen, founder and angel scout for Sequoia Capital. Other, unnamed private investors also took part in the round, the startup said. The company explained that existing storage hardware forces many companies to compromise between performance and costs, with the most expensive solutions often prohibitively expensive. According to UltiHash, this challenge is especially acute for companies working with hybrid cloud data infrastructures, where data transfer rates and multivendor setups can dramatically increase complexity and cost. UltiHash wants to stri

ETH Long-Term Holder Percentage Surpasses BTC

The percentage of long-term ETH holders has skyrocketed this year to surpass Bitcoin for the second time ever. According to data from on-chain analytics platform IntoTheBlock, Ethereum has done pretty well in its percentage of long-term holders this year, with over 70% of investors currently holding on to their assets for more than a year, a new milestone for the blockchain. ETH Long-Term Holders Now Top BTC Ethereum’s price activity has largely underperformed this year when compared to Bitcoin. But this isn’t surprising, as Bitcoin has led the entire industry in bullish metrics and investor confidence this year. However, data from IntoTheBlock suggest more Ethereum investors are holding onto ETH for the long haul, hopefully with the belief that it will continue to rise substantially in value over time.  Long-term holders are investors who refuse to sell their crypto even during times of market volatility and price depreciation. They are particularly important in maintaining th

Analyst Sets $8 Trillion Target For Crypto Market Cap In 2025

With the year drawing to an end, crypto investors and enthusiasts definitely have their eyes set on the future and what the digital asset market holds for them in the coming years. Despite a slow start to the year, the final months of 2023 have looked favorable for the cryptocurrency landscape, with the bull cycle seeming to be in full gear.  There has been broad commentary on the potential of the ongoing bull run and how it could impact the crypto market. A crypto researcher with the pseudonym Ether NasyonaL is one of the latest entities to discuss the current cycle and its future trajectory. Total Market Cap To Hit $8 Trillion By 2025: Analyst In a recent post on the X platform, crypto analyst Ether NasyonaL put forward an exciting projection for the digital asset market over the coming years. According to the pundit, the crypto total market capitalization could reach $8 trillion by 2025. This bullish prediction is based on candlestick formations on the weekly timeframe across v

Crypto Analyst Predicts Major Moves For Cardano As ADA Closes December In Profit

The Cardano (ADA) price could be finally set for that parabolic move to the upside based on this crypto analyst’s prediction. This comes as the crypto token is about to record its most profitable December since 2017.  ADA Could Rise To $0.7 In a video on his YouTube channel, crypto analyst LuckSide Crypto stated that this was a “moment of truth” for ADA’s price as it could break the current resistance and rise to $0.7. On the other hand, he also mentioned that there was a bearish possibility as ADA could also see a move to the downside. If that were to happen, the token could drop to as low as $0.40. The crypto analyst noted the fact that there was a huge disparity between the prices on the bullish and the bearish side. That is why he believes that any move that Cardano makes from its current price level will be “explosive .” ADA’s current price range of around $0.61 was in focus as LuckSide Crypto pointed it out as where the highest concentration of liquidity is at rig

3 Bullish Bitcoin Things to Be Excited About in 2024

Next year looks promising for the crypto industry as major events are set to occur. Among the several benefits of the upcoming events is a stronger interest from institutional investors and wider adoption of crypto assets, a significant milestone for a sector that came into existence just 14 years ago. CryptoPotato has put together this short list as optimism builds around the potential growth of the Bitcoin ecosystem, stemming from the network’s upcoming halving event, the spot exchange-traded fund (ETF) approvals, and the potential bull market. These Bitcoin-related events are widely anticipated by the crypto community and could unlock a new phase for the sector. Spot Bitcoin ETF Approval The United States Securities and Exchange Commission (SEC) is expected to approve the country’s first spot Bitcoin ETF between January 8 and 10, following a series of meetings with the applicants over the past few months. Firms vying for the products include leading traditional finance asset m

FTX Maestro Sam Bankman-Fried Escapes Second Criminal Trial

The meteoric rise and catastrophic crash of FTX, once a cryptocurrency empire helmed by the seemingly benevolent “King of Crypto” Sam Bankman-Fried, is a story far too complex to encapsulate in a single headline. While his conviction on charges of defrauding customers marks a significant milestone, the echoes of this financial earthquake will resonate for years to come. FTX’s Fallout: Investor Losses, Regulatory Scrutiny With the goal of saving time, the government told US District Judge Lewis Kaplan in a letter on Friday that it would not be bringing a second set of charges against Bankman-Fried for conspiracy to bribe foreign officials, bank fraud, and running an unlicensed money transmitting business. The judge is permitted to consider a substantial portion of the evidence that will be presented at Bankman-Fried’s sentencing on March 28. This information was previously introduced at his initial trial, according to prosecutors. Prosecutors’ decision to forego a second trial, pri

Is the Bitcoin (BTC) Price on the Verge of a Massive Rally?

TL;DR Bitcoin (BTC) has been experiencing a lack of significant gains recently, contrasting with the performances of several altcoins. Factors such as MicroStrategy’s recent Bitcoin purchase and certain on-chain metrics suggest potential upcoming positive movement for BTC. Bitcoin’s hash rate has reached a new all-time high, indicating increased network security and potential investor confidence, though it also brings the possibility of higher operational costs for miners. Is BTC’s Consolidation About to End? Unlike some alternative coins like Solana (SOL), Binance Coin (BNB), Polkadot (DOT), Polygon (MATIC), and more, Bitcoin (BTC) has failed to record any gains lately. Its price is currently below the $43,000 level (per CoinGecko’s data), charting a 3% decline on a weekly basis. This has also led to a significant drop in its market dominance, specifically over the past few days. However, different factors hint that BTC could start rallying in the near future. One example is

Trading, Withdrawals Halted After Breach

After discovering a “security issue,” the Canadian cryptocurrency exchange Catalyx has stopped accepting withdrawals and ceased all trading activities on its platform. The cryptocurrency exchange’s operator, CatalX CTS Ltd., stated in a press release that an employee may have been involved in the security incident. The amount of Catalyx’s cryptocurrency holdings that were lost in the hack was not disclosed. Catalyx Faces Crypto Loss Amid Investigation The suspension comes after the Alberta Securities Commission filed a cease-trade order on December 21 against the business and co-founder Jae Ho Lee. The organization opened an investigation because it suspected that one of its employees was involved in the incident, which resulted in a loss of part of the cryptocurrency assets held by Catalyx’s customers. Caltyx said in a statement on December 28 that “management suspects that this security breach, which may involve an employee, has resulted in the loss of a portion of the crypto

AI research highlights in finetuning ChatGPT-like LLMs

This article is a compilation of 23 AI research highlights, handpicked and summarized. A lot of exciting developments are currently happening in the fields of natural language processing and computer vision! In addition, if you are curious about last month’s highlights, you can find them here: AI Research Highlights In 3 Sentences Or Less (April-May 2023) Direct Preference Optimization: Your Language Model is Secretly a Reward Model ( https://ift.tt/fV1dLTZ , 29 May 2023) Direct Preference Optimization (DPO) is a new alternative to reinforcement learning with human feedback (RLHF) with Proximal Policy Optimization (PPO), which is used for instruction-finetuning models like ChatGPT. Here, the researchers show that the cross-entropy loss for fitting the reward model in RLHF can be used directly to finetune the LLM. According to their benchmarks, it’s more efficient to use DPO and often also preferred over RLHF/PPO in terms of response quality. LIMA: Less Is More for Alignme

Ark Invest Offloads GBTC Shares As Bitcoin Spot ETF Brews On Horizon

As the much-awaited deadline for Bitcoin Spot ETF applications is drawing near, Ark Investment Management under the direction of Cathie Wood has sold off its entire Grayscale Bitcoin Trust (GBTC) holdings. Ark Invest Bitcoin Investment Strategy Shift Bloomberg Intelligence ETF analyst Eric Balchunas recently reported the development on X (formerly Twitter) on Thursday, December 28. According to him, this strategic move came within a month after Grayscale Bitcoin Trust (GBTC) became ARKW’s largest holding. Ark Invest selling off its entire GBTC might be due to the anticipation of the Bitcoin Spot Exchange-Traded Fund (ETF) approval before the deadline on January 10, 2024.  The Bloomberg analyst also pointed out that Ark Invest used half of the money valued at $100 million to purchase BITO, the ProShares Bitcoin Strategy ETF. This move to the BITO – ProShares ETF, which was introduced in October 2021, signifies a pivotal change to its investment approach. Balchunas noted th

Bitcoin Fading? Ether Poised To Take The Crown In 2024, Analyst Claims

Ether is currently in the midst of a resounding comeback, reclaiming its standing in the cryptocurrency domain following a period of underperformance compared to Bitcoin. Analysts are expressing optimism about the crypto’s trajectory in 2024, pointing to key factors and processes that could position it to surpass Bitcoin. ETC Group Analyst Bullish On Ether’s Future André Dragosch, the Head of Research at ETC Group, is notably bullish on Ether’s future. Emphasizing its stature as a leading smart contract platform and highlighting ongoing technological advancements, Dragosch envisions a reversal of Ether’s underperformance against Bitcoin in 2023. Source: ETC Group Despite ETH trailing Bitcoin in the past year, Dragosch identifies crucial elements from a recent ETC Group report, notably the deflationary “burn mechanism” introduced in Ethereum Improvement Proposal EIP-1559 in August 2021. This mechanism, designed to reduce the coin’s supply, is seen as a catalyst for a potential surg

Pro Research: wall street dives into abbvie's growth potential

Pro Research: wall street dives into abbvie's growth potential Source link The post Pro Research: wall street dives into abbvie's growth potential appeared first on Job From Home Blog .

South Koreans Bite Into The Bitcoin Mania

December in the crypto sphere witnessed a fiery spectacle: South Korea’s Bitcoin Premium Index, a thermometer of buying power in the kimchi nation, soared to levels reminiscent of November 2021’s peak. This sudden heatwave has analysts sweating, unsure whether it’s the precursor to a bull stampede or a prelude to a spicy correction. The Bitcoin ‘Kimchi Premium’ – Korean FOMO Excitement Market sentinel CryptoQuant points to an intriguing trend: “overheating Korean premium.” This phenomenon, they whisper, could be the harbinger of price tops, fueled by a potent cocktail of Korean cash sloshing towards digital shores and a dash of FOMO-induced excitement. The Korean premium is overheating. “The Korea Premium Index is often used to identify price tops because Koreans 1) have immediate access to cash to buy coins on exchanges, and 2) have a high FOMO hype.” by @Signal_Quant Link https://t.co/qNyrcdtenV — CryptoQuant.com (@cryptoquant_com) December 26, 2023 As of now, Bitcoin simm

Crypto Market Sees Highest Capital Inflow In 2 Years, What This Means

Despite the year drawing to a close, crypto investors are not slowing down their activities in the space. In fact, the reverse is the case as money is flowing back into the market at an unprecedented rate. Over the last few months, inflow into the crypto market has climbed and now, it has touched its highest level in the last two years. Crypto Inflows Cross $24 Billion Crypto analyst Ali Martinez took to the X (formerly Twitter) platform to inform investors of an interesting development in the market. According to the analyst, the total capital inflow into the market has now crossed the $24 billion mark. The chart shared by the analyst shows a steady increase in capital inflow, going from negative values just before October to rising to tens of billions by December. The post which was made on December 25 showed that the capital inflows were sitting at $24.2 billion. Around $24.2 billion are flowing into the #crypto market, the highest capital inflow since December 2021! pic.twit

Marathon Bancorp adopts program to buyback 5% stock (OTCMKTS:MBBC)

Marathon Bancorp (OTCPK:MBBC), the holding company for Marathon Bank, has adopted a stock repurchase program for up to ~5% of its stock, or 107,875 shares. This is the company’s second stock repurchase program since completing its mutual holding company reorganization and related stock offering in April 2021. Repurchases are expected to commence after the company releases results for the period ended December 31, 2023. The company is not obligated to repurchase any particular number of shares or any shares in any specific time period. Source link The post Marathon Bancorp adopts program to buyback 5% stock (OTCMKTS:MBBC) appeared first on Job From Home Blog .

17 Jobs that Make a Lot of Money (+ exact salary numbers)

1. Accountant One of the best jobs that makes a lot of money and is stable, is an accountant. An accountant performs financial calculations for individuals, small businesses, and large corporations.  Accountants must know how to examine and prepare a variety of financial reporting forms, helping customers or businesses remain in compliance with accounting rules and laws.  Accountants may need to work long hours at certain times of the year, such as during tax calculation time. Requirements: Bachelor’s degree, master’s degree for highest paying jobs, some licensing and certification Average annual salary: $70,500 Top annual earners: $500,000 plus The downside: Some of the work is pretty dull. It’s also rare to reach a seven-figure salary compared to other jobs on our list 2. Business Executive A business executive could hold a multitude of jobs at a company, including CEO, CFO, or COO. A founder of a business could end up being a CEO because he or she knows the industry and

This Is How ETFs Managed by TradFi Firms Could ‘Completely Destroy’ Bitcoin: Arthur Hayes

Arthur Hayes, the founder of the BitMEX crypto exchange, believes the success of the much anticipated Bitcoin exchange-traded funds (ETFs) will “completely destroy” the leading digital network. In a recent blog post titled “Expression,” Hayes opined that Bitcoin could die if all the BTC in circulation end up in the hands of traditional finance asset managers, most of whom are vying for the ETFs. Destroying Bitcoin Hayes explained that his prediction is based on the difference between Bitcoin and every other monetary instrument humanity has ever used. Monetary assets like gold and fiat exist physically due to natural laws, unlike BTC, which exists only if it moves. After Bitcoin reaches block 2140, rewards will become zero, and miners will only earn fees for validating transactions. This means miners can only receive income if the Bitcoin network is used. In a situation where there are no more Bitcoin transactions, miners will be unable to afford energy costs, which would lead to