The 1.4 trillion parameter model would be 3.5 times bigger than Meta’s current open-source Llama model. Source: https://cointelegraph.com/news/near-plans-to-create-world-s-largest-1-4-t-parameter-open-source-ai-model?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: November 2024
Bitcoin Surges Past $80,000 Amid Trump Victory Excitement
On Sunday, Nov. 10, at 06:58 a.m. EST, Bitcoin soared past $80,000, fueled by enthusiasm over Donald Trump’s electoral win. As of writing, the top cryptocurrency’s rally continues, with the predicted $100,000 possible by inauguration seemingly in range. With this jump, Bitcoin chalked up a gain of nearly 4% in just 24 hours, pushing the […] Source: https://news.bitcoin.com/bitcoin-surges-past-80000-amid-trump-victory-excitement/
Dutch Court Orders Binance to Disclose Account Information Tied to $200,000 Dating Scam
A court in The Hague has ordered Binance to release the name and address of an account holder linked to a $200,000 (€186,000) dating scam, according to the Netherlands Times. The case involves a woman who was persuaded over the summer to invest in cryptocurrencies by someone she met on a dating app. What followed […] Source: https://news.bitcoin.com/dutch-court-orders-binance-to-disclose-account-information-tied-to-200000-dating-scam/
Analyst: Europe Is Secretly Preparing for a Renewed Gold Standard
Jan Nieuwenhuijs, an expert in gold markets, believes he has found evidence that Europe is preparing to adopt a new standard. He states that the recent movements of several Eastern European countries—purchasing or selling gold to reach a determined ratio—are part of the actions leading up to this development. Analyst: Countries in Europe Equilibrating Gold […] Source: https://news.bitcoin.com/analyst-europe-is-secretly-preparing-for-a-renewed-gold-standard/
Ethereum hits $3.2K, surpassing Bank of America market cap
Ethereum’s market cap tops Bank of America, while the SEC weighs spot ETH ETF options and DeFi gains traction. Source: https://cointelegraph.com/news/ethereum-hits-3200-surpasses-bank-of-america?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Analyst: Stock-to-Flow Model Forecasts $500K per Bitcoin
In a recent social media post, cryptocurrency analyst Plan B expressed optimism for Bitcoin’s future, stating that after the ETF fake-out earlier this year, the cryptocurrency is now poised for a significant upward movement. He highlighted that his Stock-to-Flow model predicts an average price of $500,000 for bitcoin, with a bandwidth ranging from $250,000 to […] Source: https://news.bitcoin.com/analyst-stock-to-flow-model-forecasts-500k-per-bitcoin/
ADA price pumps 30% amid rumors of Cardano founder-Trump collaboration
ADA looks poised to rise by over 100% in early 2025 after breaking above a three-year-old resistance trendline. Source: https://cointelegraph.com/news/ada-price-pumps-30-rumors-cardano-founder-trump?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Withanage Foundation Bets Big on African AI With Launch of Research, Investment Program
The Withanage Foundation is launching a research and development program and $500 million investment vehicle to support AI development in African agriculture, finance, and governance. AI for Data-Driven Innovation The Swiss-based Withanage Foundation has launched a research and development program to support Africa-focused artificial intelligence (AI) platforms. The launch precedes the expected announcement of a […] Source: https://news.bitcoin.com/withanage-foundation-bets-big-on-african-ai-with-launch-of-research-investment-program/
Charles Hoskinson shares new plans to ‘help foster' US crypto policies
Cardano founder Charles Hoskinson stated that when it comes to crypto policies in the United States, “we have to do this, and we have to get it done.” Source: https://cointelegraph.com/news/cardano-founder-charles-hoskinson-united-states-government-crypto-policies?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin ripe for 'major leg down' as BTC price nears $80K — Trader
Bitcoin is well into price discovery, but that is not stopping market participants from predicting a snap BTC price comedown. Source: https://cointelegraph.com/news/bitcoin-major-leg-down-btc-price-nears-80k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound