According to data gathered by Arkham Intelligence, Blackrock’s onchain assets are inching closer to outpacing Grayscale’s crypto holdings. As of Friday, Grayscale’s onchain value stood at approximately $ 21.33 billion, while Blackrock’s portfolio was around $ 21.02 billion. Grayscale Faces Fierce Competition as Blackrock’s Onchain Assets Climb Blackrock’s collection of onchain digital assets …
Bitcoin 7-Day Hashrate Average Hits Record 677 EH/s, Surpassing May 25 High
According to recent data, bitcoin’s total hashrate achieved a record high this week, based on the seven-day simple moving average (SMA). On July 25, the hashrate, measured by the seven-day SMA, reached 677 exahash per second (EH/s), surpassing the 659 EH/s recorded on May 25. Bitcoin Hashrate Breaks Records Bitcoin’s hashrate has reached new peaks […]
Anthropic Launches Claude 3.5 Sonnet, Surpassing Openai’s Chatgpt
Anthropic, one of the largest artificial intelligence (AI) companies in the market, has released the latest iteration of its in-house large language model (LLM) Claude, identified as 3.5 Sonnet. Anthropic claims this new assistant competes with Openai’s GPT-4o, surpassing the latter in several benchmarks including Graduate Level Reasoning, Grade School Math, Multilingual Math, and Code. […]
Bitcoin Technical Analysis: BTC Bulls Eye $68K After Surpassing Key $66K Resistance
As of May 17, 2024, bitcoin’s price stands at $ 66,303 with a market capitalization of $ 1.30 trillion and a 24-hour trading volume of $ 28.43 billion. Technical indicators from multiple time frames suggest a potential continuation of the bullish trend, albeit amidst notable market volatility. The convergence of moving averages …
Macro Investor Dan Tapiero Predicts ‘Scary Bullish’ BTC Prospects; Foresees Crypto Asset Surpassing $90K
Macro investor Dan Tapiero has described bitcoin’s prospects as extremely bullish. He predicts that if bitcoin breaks the $ 65,000 mark, it could likely rise to $ 90,000 and beyond. Although he acknowledges that the specific catalyst for bitcoin’s imminent breakout is unclear yet, Tapiero asserts that this detail is irrelevant at this …