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NVIDIA's new path tracing optimizations in Indiana Jones, utilizing Opacity MicroMaps and BLAS compaction, significantly improve GPU performance and reduce VRAM usage. (Read More)
Bitcoin mining company Auradine sees opportunity in Trump administration’s policies Auradine, a Bitcoin mining firm, views the policies of the Trump administration as a unique opportunity for growth. Despite the challenges posed by the U.S. government’s “America First” stance, Auradine believes that there are still avenues for success within the cryptocurrency industry. By leveraging strategic [...]
The post Opportunity in Trump Policies: Bitcoin Mining Supplier Auradine’s Path to Success appeared first on Crypto Breaking News.
The article bizarrely contrasts the alleged fraud carried out by Sam Bankman-Fried with gang violence on the Bahamian island of New Providence.
Amid cryptocurrency’s battle with the crypto winter, institutional investors have shown a reluctance to put their money into digital asset investment products, CoinShares says in its latest crypto asset weekly flows report.
According to the digital asset manager, crypto investment products registered about $12 million in inflows last week, which is just about the range seen at the start of the month when CoinShares Head of Research James Butterfill pointed out hesitancy amongst investors.
Persistent apathy amongst #Bitcoin investors with minor inflows of US$12mhttps://t.co/0JjtU2FSwm
— James Butterfill (@jbutterfill) October 17, 2022Flows are less than 0.05% of total assets under managementWhile the inflows have increased slightly from the $10.3 million seen in the last week of September, the lack of movement is seeing total assets under management (AuM) remain near recent lows.
Data from CoinShares shows current AuM to be $25 billion, not far off recent lows of $24 billion, with Butterfill pointing to the marginal figures seen over the past two weeks as representative of further apathy from investors.
“Investor apathy is persistent, with the last 5 weeks of flows, be it inflows or outflows representing less than 0.05% of AuM, compared to the year average of 0.16%.”
James Butterfill, Head of Research at CoinSharesThe crypto market is also registering persistent apathy among investors given Ethereum’s second week of outflows, Butterfill added in the report published on Monday. The Ether market recorded outflows of $3.9 million last week, up from $2.2 million seen the previous week.
As for Bitcoin, inflows last week were $8.8 million, the 5th straight week of inflows for the flagship cryptocurrency.
While this suggests marginal support from an investors’ point of view, fresh inflows into short Bitcoin investment funds – it was $6.7 million last week – implies a net neutral sentiment across the market.
A look at the market shows Bitcoin continues to hover near the $20,000 zone, while Ethereum is eyeing further strength above the $1,300 level.
The post Crypto flows indicate ‘persistent apathy amongst investors’ appeared first on Invezz.
Matter Labs has announced a new layer 3 Ethereum scaling prototype called ‘Pathfinder,' which will be released in Q1 of 2023 and could turn out to be the first Layer 3 network built on the Ethereum blockchain. (Read More)
The post Reviewing The Raindrop Nebulizer – Is it Really the Best Nebulizing Diffuser? appeared first on Coin Tasker.
Federal Reserve Chairman Jerome Powell says in the long run, the U.S. federal government is on an unsustainable fiscal path due to its ballooning debt growing faster than the economy. Moreover, the Fed chair cautioned that there will be some banks that have to be closed or merged out of existence. Jay Powell on US [...]
The post Fed Chair Powell Says US Government Is on Unsustainable Fiscal Path appeared first on Crypto Breaking News.
Aim for a career in AI as a Data Scientist. We guide you through online platforms and comprehensive learning paths to start your journey.
The post Embark on an AI Career: Essential Online Courses for Aspiring Data Scientists appeared first on BitPinas.
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