Stability AI has just opened up SD3, the third generation iteration of its popular Stable Diffusion text-to-image generator, to software developers. The announcement of the SD3 application programming interface (API) comes after the initial unveiling of the model in February 2024, which marked a significant leap in AI-generated imagery. SD3 is the successor to SDXL, continuing a lineage that includes…
A popular meme photo of a guy at a club yelling into a girl’s ear—about something that she doesn’t appear to be into—is going up for auction as an Ethereum NFT on Foundation. “Milk Edinburgh” received its name from the nightclub where it was taken—Milk, in Edinburgh Scotland. The picture was originally shared around the internet with a watermark of…
Bernstein, a brokerage firm, recommends purchasing stocks of bitcoin miners Riot Platforms (NASDAQ:RIOT) and CleanSpark (NASDAQ:CLSK) ahead of the impending halving event. They anticipate a bullish trajectory for Bitcoin post-halving, once mining hashrates adjust to reduced rewards and ETF inflows pick up. Despite concerns over profitability following the halving, Bernstein maintains a positive outlook on bitcoin mining stocks, citing their…
With Bitcoin’s fourth mining reward halving imminent, Goldman Sachs urges investors to exercise caution in extrapolating past halving cycles for price predictions, emphasizing the role of macroeconomic conditions and inflows into spot ETFs. While previous halvings have historically coincided with Bitcoin price appreciation, Goldman’s Fixed Income, Currencies, and Commodities (FICC) and Equities team warns against simplistic interpretations due to varying…
The resurgence of digital assets in mainstream finance brings attention to Bitcoin automated teller machines (BTMs), with experts cautioning against the financial risks inherent in these machines, particularly in areas predominantly inhabited by Black and Latino residents. BTMs, physical kiosks facilitating crypto conversions, have proliferated, especially during the pandemic, reaching approximately 31,100 units nationwide. However, investigations into the BTM boom…
U.S. spot bitcoin exchange-traded funds (ETFs) experienced three consecutive days of net outflows, with a loss of $58 million on Tuesday. Leading the outflow for the day was Grayscale’s GBTC. After Another Day of Outflow, IBIT Nears GBTC as Potential Leader in Spot Bitcoin ETF Market Grayscale’s GBTC continued to report reductions in its bitcoin […] Source: https://news.bitcoin.com/blackrock-closes-in-on-grayscale-in-the-battle-for-the-worlds-largest-bitcoin-etf/
Yuga Labs, the startup behind the Creator of Bored Ape Yacht Club (BAYC), has sold two of its gaming IPs to Web3 gaming studio Faraway—a development team that has been working closely with Yuga since last year. Both HV-MTL and Legends of the Mara have been acquired by Faraway, along with associated NFT collections. Faraway is also adding Yuga Labs’…
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Bitcoin mining stocks have plummeted since the start of the year, and certain metrics suggest that many are still overvalued, according to industry tracker Power Mining…
The on-chain token mint for the viral Telegram-based game Notcoin was originally expected to take place on or around the same date as the Bitcoin halving, but that’s no longer the case. Notcoin representatives confirmed to Decrypt’s GG that the token launch, which will take place on The Open Network (TON), will no longer occur on April 20, the expected…
Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) introduced fresh stablecoin legislation Wednesday, renewing lawmakers’ years-long attempt at enacting a comprehensive framework for the class of crypto assets in the United States. The 117-page bill includes a raft of definitions pertaining to the sector, outlining rules on the state and federal levels for firms to issue so-called payment stablecoins. The…
