Lesser-Known Bitcoin Indicator Signals Onset of Major Bull Run
You might not have heard of the reserve risk multiple, but right now, it's signaling a continued bitcoin price rally in months ahead. Source
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‘ChatGPT-like personal AI’ can now be run locally, Musk warns ‘singularity is near’
It is now possible to install and run a “ChatGPT-like” personal artificial intelligence (AI) on a home computer even without an internet connection, and Elon Musk has warned AI development has brought us closer to a technological point of no return.Brian Roemmele, the founder of the technology blog Multiplex, wrote
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Bitcoin liquidity drops to 10-month low amid US bank run
Bitcoin (BTC) market liquidity has dropped to a 10-month low, despite a bullish quarter in terms of price gain. The liquidity dry-up is partly attributed to the bank run in the United States and the ongoing regulatory actions against crypto companies.The liquidity situation in crypto is worsening after the banking
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US Stocks on a Bullish Run as the Worst of Bank Run Has Passed
As the events in the banking ecosystem riled the market, tech stocks that are generally known to power growth underperformed for the month. The United States (US) stock market is on a bullish run today as marked by the second consecutive day of gain by top indices as investors fear the
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Bitcoin Miners’ Revenue From Fees Rises Suggesting Onset of Major Bull Run
Fees are a function of transaction size and network volumes (how congested the network is). Transactions are processed in blocks, storing up to 1 megabyte of data. Hence, a sudden spike in activity often leads to network congestion – transactions waiting to get verified. In such situations, miners target transactions
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Did regulators intentionally cause a run on banks?
Global economic conditions are tightening; interest rates are in flux; and inflation has yet to be curbed. Considering the economic headwinds, the fact that Silvergate Bank, Silicon Valley Bank and other banks are breaking is not surprising. But why now? Quickly rising interest rates are extremely disruptive to banking models, but
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Analyst Says Crypto Could Hit $100,000 with Bump & Run Reversal Price Pattern
Some analysts recently weighed in on Bitcoin price prediction as the prominent token appears set to embark on another rally. Bitcoin (BTC) price prediction sees some analysts argue that the leading digital currency could hit $100,000. As it stands, BTC has found support at the $24,000 threshold after climbing from
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Crypto acted as safe haven amid SVB and Signature bank run: Cathie Wood
Amid all the chaos around multiple bank runs in the United States, Cathie Wood, CEO of asset management firm ARK Invest, said cryptocurrencies acted as a safe haven amid the ongoing banking crisis in the United States. She blamed the recent downfall of the likes of Silicon Valley Bank (SVB),
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Strategist Warns Credit Suisse Next to Collapse — Says ‘There’s a Run on the Bank’ – Economics Bitcoin News
Market strategist Greg Foss has predicted that Credit Suisse will be the next major bank to collapse, citing capital trouble and a run on the bank. The Swiss banking giant has also identified “material weaknesses” in its financial reporting controls. Its shares plunged on Wednesday after the bank failed to
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MEV Rewards on Ethereum Reach All-Time High During SVB Bank Run and USDC Depeg
Toni Wahrstätter, an Ethereum researcher who created a Flashbots MEV-monitoring dashboard, told CoinDesk, “In times of extremely high MEV, it's good to know that the MEV rewards mostly end up with the validators, who don't have to run complex algorithms, engage in private deals or anything but just be lucky
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