Author: WebDesk

Yesterday, President Trump signed an Executive Order (EO) entitled “Strengthening American Leadership In Digital Financial Technology.”The document outlines the ways in which the U.S. government will embrace “digital assets” and support the rights of citizens and businesses to engage with “cryptocurrencies” and “blockchain technology.”Bitcoin isn’t mentioned once in the document.Most concerningly, it’s not mentioned in the portion of the document that addresses the potential for the President’s Working Group on Digital Asset Markets (also established via the EO) to create a “stockpile” of digital assets.Here’s exactly how it reads:“The Working Group shall evaluate the potential creation and maintenance of a…

Follow Anastasia on X. Last night, President Trump signed the “Digital Assets” executive order (EO), and let’s just say Bitcoiners are feeling… sour. Initially, rumors swirled that this might be the long anticipated Strategic Bitcoin Reserve (SBR) legislation. But nope — not even close. Bitcoin reserve didn’t get a single mention.Instead, the EO said:”The Working Group shall evaluate the potential creation and maintenance of a national digital asset stockpile and propose criteria for establishing such a stockpile, potentially derived from cryptocurrencies lawfully seized by the Federal Government through its law enforcement efforts.”Translation: This EO looks like a vague “let’s study…

Bitcoin has recently been trading inside a historically narrow 60-day price range. Here’s what usually follows such periods of compressed volatility. Bitcoin Price Action And Supply Are Both Constrained In A Tight Range In a new post on X, the on-chain analytics firm Glassnode has discussed how BTC hasn’t witnessed much sharp price action recently. Below is the chart shared by the analytics firm that shows the historical instances where the 60-day price range was narrower than the current one (in terms of percentage swing). Looks like there haven’t been many instances of a tighter price range in history |…

In recent years, NFTs have evolved from a niche digital asset to a multi-billion-dollar market.At the height of their popularity, NFTs captivated collectors and investors with the promise of owning unique digital assets, often commanding multimillion-dollar sales. However, as the initial excitement fades, many of these digital tokens are struggling to maintain their value.The main issue has become clear: relying solely on the appeal of a digital image or collectible is not enough to sustain long-term worth. As the market has cooled, the concept of “utility”—offering added benefits beyond the digital artwork itself—has become crucial for NFTs to maintain relevance…

Monaco is set to become a major hub for web3 innovation in 2025, hosting a groundbreaking event from June 27 to June 28.Building on the success of NFTFEST 2024 in Brussels, this year’s Monaco event will broaden its scope by addressing key themes such as the integration of AI with web3, the potential of Bitcoin and the Ordinals protocol, and the evolving role of decentralised technologies by bringing together the WAIB Summit, NFT FEST, and Ordinals Monaco under one unified program.The event will feature an impressive lineup of speakers and partners, including Robby Yung, CEO of Animoca Brands, Luca Netz,…

The world of blockchain is expanding every day, and BNB Chain wants to lead the charge as an “AI-first” platform. In simple terms, BNB Chain wants to bring artificial intelligence (AI) into Web3, making it easier for decentralized applications to learn, adapt, and run autonomously. We look at the growing importance of AI Agents in the Web3 space and highlight how developers can leverage BNB Chain AI Agents to build, launch, and scale their next big idea. What Are AI Agents? AI Agents are software entities that act and make decisions without needing as much human oversight. In the Web3…

Este artículo también está disponible en español. The consistent retail demand for Bitcoin at the $100,000 mark, which indicates high investor confidence, has recently drawn notice. However, because short-term holders are driving the present accumulating trend, market watchers are warning of a possible fall to $95,000. Related Reading Retail Investors Accumulate At Record Pace Retail investors, which include smaller holders termed as “Shrimps” and “Crabs,” have been enthusiastically accumulating Bitcoin. In the last month, Glassnode reports that these groups collectively added 25,600 BTC to their portfolios. That’s nearly twice the amount of newly mined Bitcoin over the same period, a…

In a latest development, MicroStrategy known for its significant Bitcoin investments and its exceptional 727% return over the past year, has issued a notice for the full redemption of its 0.0% Convertible Senior Notes due 2027.The company informed the trustee that it plans to redeem the outstanding notes, which have an aggregate principal amo0unt of approximately $1.05 billion, on February 24, 2025.Notably, holders of the notes can convert their investments into MicroStrategy’s class A common stock until 5:00 p.m. New York City time on February 20, 2025. The conversion rate is 7.0234 shares per $1,000 principal, which equals a price…

Terrill Dicki Jan 24, 2025 14:36 Explore NVIDIA’s approach to horizontal autoscaling of NIM microservices on Kubernetes, utilizing custom metrics for efficient resource management. NVIDIA has introduced a comprehensive approach to horizontally autoscale its NIM microservices on Kubernetes, as detailed by Juana Nakfour on the NVIDIA Developer Blog. This method leverages Kubernetes Horizontal Pod Autoscaling (HPA) to dynamically adjust resources based on custom metrics, optimizing compute and memory usage. Understanding NVIDIA NIM Microservices NVIDIA NIM microservices serve as model inference containers deployable on Kubernetes, crucial for managing large-scale machine learning models. These microservices…

Join Our Telegram channel to stay up to date on breaking news coverage The $TRUMP meme coin remains one of the largest cryptocurrencies in the market, currently holding a market cap of $6.7 billion. Despite a previous peak of $15 billion, a market correction was inevitable due to the substantial volume and widespread investor interest. In the past, the rise of Dogecoin, fueled by celebrity endorsements like Elon Musk’s tweets, sparked a significant rally, and many saw similar patterns emerging with the Official Trump coin. In the early days of the cycle, many altcoins experienced a rapid increase in value…