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CATEGORY: aethir


Aug 16, 2024 12:05

Crypto Guru Arthur Hayes Bets On This Under-The-Radar Altcoin

Arthur Hayes, a well-known crypto investor and former CEO of BitMEX, has reportedly made a major purchase of the little-known altcoin Aethir (ATH), amounting to 11.4 million tokens, valued at approximately $779,000. This transaction was identified and reported by on-chain data analytics firm Lookonchain. According to the firm, the purchase was made on crypto exchange OKX. Shortly after Hayes’ acquisition, another purchase was reportedly made by a whale. A different anonymous investor acquired 28.87 million ATH, worth around $1.95 million, across multiple exchanges including Bybit, KuCoin, and OKX, as per data by Lookonchain. Related Reading: Ethereum Price To Hit New All-Time High If This Happens: Crypto Analyst This flurry of activity comes just three days after Hayes’ recent forecast in his latest essay, suggesting a potential upswing in the crypto market beginning in September 2024. Hayes stated, “In any case, I expect that crypto will exit its sideways-to-downward trajectory starting in September. As such, I will take advantage of this late northern hemispheric summer weakness to load up on crypto risk.” Hayes didnt name any specific altcoins hes buying, but seemingly Aethir (ATH) is one of them. Discussing the broader market, Hayes expressed his anticipation for a resurgence in altcoins, contingent upon major cryptocurrencies like Bitcoin and Ether breaking significant price barriers. He remarked, “Alt szn will return only after Bitcoin and Ether decidedly break through $70,000 and $4,000, respectively. […] The combination of a dollar liquidity-inspired Bitcoin and Ether rally into year-end will create a strong foundation for the return of a sexy shitcoin soiree.” Crypto Newcomer: What Is Aethir (ATH)? The Aethir (ATH) token is the native cryptocurrency of the Aethir network, integral to its decentralized GPU cloud infrastructure. ATH operates as a utility and governance token within the Aethir ecosystem, which is focused on providing decentralized cloud solutions for AI and gaming through its Distributed Proof of Infrastructure (DePIN) technology. Related Reading: Dogecoin On Track To Rally 100% To $0.2; Crypto Analyst ATH tokens have several key uses. ATH is used to pay for services like renting GPU resources for AI processing and cloud gaming. Token holders can vote on various proposals affecting the networks future. Moreover, ATH rewards participants in the network, particularly those who operate Checker Nodes and contribute GPU power through devices like the Aethir Edge. The Aethir network emphasizes community participation and decentralization, aiming to distribute ATH tokens widely via mechanisms like airdrops and earning opportunities through the Aethir Cloud Drop campaign. This campaign allows community members to earn ATH by participating in activities that support network growth and engagement. The token has a circulating supply of approximately 4.056 billion units, with a market cap of around $276 million. Thus, ATH is only the 215th largest cryptocurrency by market cap. In the last 24 hours, trading volume is quite elevated with $91.15 million, although its down -63%, ATH volume is still ranked 56th (24h). At press time, ATH traded at $0.068059, down -4.6% in the last 24 hours. Featured image from YouTube, chart from TradingView.com

Jul 10, 2024 03:05

AethirCloud Gains Momentum As Whale Withdrawals Continue

AethirCloud, a project dedicated to decentralized GPU cloud infrastructure, has been making significant strides recently. Despite the broader market downturn, Aethir is showing bullish trends on all timeframes on CoinMarketCap, currently up 4% over the past 24 hours. On-chain data reveals that Whale 0xe2338 (icrypto.ai/wallet/0xe2338…) recently withdrew 3.6 million $ATH, […]

Jul 04, 2024 03:05

Aethirs $ATH Token Achieves Milestone With New Integrations and Growing Utility

On June 12, the digital asset of the Aethir ecosystem, $ATH, went live, reaching an all-time high of $0.1. Recently, a significant transaction saw the wallet 0x0E7, associated with @FlowTraders, deposit 15 million $ATH (around $1.06 million) to OKX. Currently, this wallet holds 11.6 million $ATH, valued at approximately $813.6k. […]

Aethir and APhone unveil 10x scaling solution slashing mobile user costs by 90%

Author: Cointelegraph by Zoltan Vardai
United States
Jul 24, 2024 12:00

Aethir and APhone unveil 10x scaling solution slashing mobile user costs by 90%

The strategic partnership promises significant benefits for the users of the decentralized smartphone, including 90% cost reduction and faster Web3 native mobile apps thanks to Aethir Edge.

Jun 10, 2024 02:15

Bitfinex to List ATH: Aethir's Native Token


Bitfinex lists ATH, Aethir's native token, enhancing access to decentralized cloud infrastructure. (Read More)

Jun 08, 2024 02:15

OKX to List Aethir (ATH) for Spot Trading, Enhancing Market Options


OKX announces the listing of Aethir (ATH) for spot trading, starting June 7, 2024. (Read More)

Aethir, MetaGravity partnership boosts scalable DePIN gaming development

Author: Cointelegraph by Josh O'Sullivan
United States
Jun 26, 2024 12:00

Aethir, MetaGravity partnership boosts scalable DePIN gaming development

The partnership aims to simplify and scale gaming development using DePIN technology, enhancing accessibility and efficiency.

Jun 13, 2024 02:15

Bitfinex: Aethir (ATH) Seeks to Revolutionize Decentralized Cloud Computing


Aethir offers decentralized GPU-based cloud computing solutions for AI and gaming sectors. (Read More)

Aethir launches decentralized cloud network on Ethereum mainnet

Author: Cointelegraph by Josh O'Sullivan
United States
Jun 13, 2024 12:00

Aethir launches decentralized cloud network on Ethereum mainnet

Aethirs launch on the Ethereum mainnet brings attention to the role DePINs can play in the future of Web3 and a more decentralized future.

Dec 29, 2024 02:15

Injective (INJ)and Aethir Transform GPU Compute Resources with Tokenization


Injective (INJ)and Aethir collaborate to tokenize GPU compute resources, enhancing access and efficiency in AI and blockchain sectors through a novel tradeable token system. (Read More)

Nov 05, 2024 02:15

Manta Network Partners with Aethir to Enhance Ecosystem with High-Performance GPU Access


Manta Network collaborates with Aethir to provide high-performance GPU access for applications, enhancing scalability and cost-efficiency within the ecosystem, particularly benefiting AI and gaming sectors. (Read More)

Aethir launches $100M fund to accelerate AI, gaming innovation

Author: Cointelegraph by Josh O'Sullivan
United States
Oct 11, 2024 12:00

Aethir launches $100M fund to accelerate AI, gaming innovation

Aethirs new fund will distribute 336 million ATH tokens as it aims to revolutionize AI and gaming with advanced GPU access.

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