Author: Yeek.io

Homepage > News > Business > India to bolster AI adoption, upskilling under Microsoft deal IndiaAI, a federal government initiative launched in March 2024, has entered into partnership with technology giant Microsoft (NASDAQ: MSFT) to drive adoption and development of artificial intelligence (AI) in India. Microsoft has also announced plans to invest $3 billion in cloud and AI infrastructure in India over the next two years, including the establishment of new data centers. In partnership with IndiaAI, Microsoft aims to skill 500,000 individuals by 2026, including students, educators, developers, government officials, and women entrepreneurs, the Ministry of Electronics & IT…

Spot Bitcoin exchange-traded funds in the United States experienced a slowdown on Jan. 22 as BTC retraced back to around $102k. According to data from SoSoValue, inflows into spot Bitcoin ETFs dropped by 69% from the previous day, reaching $248.65 million on Wednesday. The entire inflows recorded on the day came from BlackRock’s IBIT which drew in $344.28 million from investors. Grayscale’s GBTC recorded outflows of $47.93 million, while Bitwise’s BITB and ARK 21Shares’ ARKB added to the negative momentum, with investors withdrawing $34.67 million and $13.02 million from the funds, respectively. The remaining BTC ETFs stood still on the…

Most TRUMP holders are retail investors with less than $100 in profits, while 60 whales have gained over $10 million, according to Chainalysis. The majority of crypto wallets holding the Official Trump (TRUMP) meme coin haven’t made much money. According to data by Chainalysis, over 77% of them have earned less than $100, while whales have pocketed over $10 million each. In an X thread on Jan. 23, the New York-headquartered blockchain forensic firm revealed that TRUMP and MELANIA (MELANIA) meme coins are mostly popular with small-time investors. “Over 80% of $TRUMP and/or $MELANIA holders are investors who hold less…

Tron rose 24.69% and a 12.73%% in new and in active addresses respectively, indicating rising user engagement. World Liberty Finance’s acquired 10.8 million TRX for $2.65 million USDT. Tron [TRX] has been in the spotlight recently due to notable on-chain developments and strategic acquisitions. Its increasing adoption and activity have mirrored its price movements. The recent high-profile purchases by World Liberty Finance (WLFi) have fueled market speculation. On-chain data has revealed a steady rise in TRX active addresses, which recently hit 2.47 million. This increase aligned with its price appreciation, which reached $0.239 during the same period. Notably, new addresses surged…

The Azuki-backed ANIME token will be airdropped to Binance users prior to its official listing and debut on Jan. 23, 2025 at 14:00 UTC. The Animecoin community token ANIME will be making its debut on Jan. 23 in a number of major exchanges, including Binance. The token named after the Japanese pop culture phenomenon will be airdropped to BNB (BNB) holders subscribed to the BNB Simple Earn products from Jan. 17 until Jan. 20. ANIME will be officially listed on Binance starting from Jan. 23 at 14:00 UTC. Trading pair support will available for ANIME alongside USDT, USDC, BNB, FDUSD,…

On-chain data shows the capital inflows into Bitcoin have slowed down since last year’s high. Here’s what this could mean for BTC’s price. Bitcoin Realized Cap Continues To Grow, Albeit At A Slower Rate According to data from the on-chain analytics firm Glassnode, capital inflows into BTC have been on the decline recently. The indicator of relevance here is the “Realized Cap,” which is a capitalization model for Bitcoin that calculates its total valuation by assuming that the ‘real’ value of any token in circulation is equal to the price at which it was last transacted on the blockchain. The…

Asian stock markets are trading mostly higher on Thursday, supported by positive cues from Wall Street overnight. Gains are led by China, where multiple government departments unveiled medium- and long-term investment plans to boost capital market confidence. However, concerns over potential US tariff threats from President Donald Trump capped further gains. Nikkei rises ahead of BOJ decision The Japanese market is trading higher on Thursday, extending its winning streak to four sessions. The benchmark Nikkei 225 has gained 258.10 points, or 0.65%, to 39,904.35, buoyed by gains in select index heavyweights and exporters. Market heavyweight SoftBank Group is leading the…

Quantum computing is advancing quickly, and the latest developments suggest that practical applications capable of breaking today’s cryptographic systems may be closer than expected. Quantum-resistant tokens are the crypto industry’s response to these growing concerns about the potential impact of quantum computing on the security of blockchain networks.  With their immense computational power, quantum computers could potentially break the cryptographic algorithms underpinning cryptocurrencies like Bitcoin and Ethereum. This poses a significant threat to the encryption methods currently used in these networks.  Quantum-resistant tokens are designed to operate on algorithms that can secure data against both traditional and quantum computing threats.…

New data from crypto analytics platform Arkham reveals that President Donald Trump’s decentralized finance (DeFi) platform has become a top 0.1% holder of staked Ethereum (stETH) after gobbling up tens of millions of dollars worth of ETH. In a new thread on the social media platform X, Arkham says that World Liberty Financial (WLFI) – which launched earlier this year – is staking $33 million worth of the top altcoin, making them a top 0.1% holder of stETH. The data also unveils other notable holdings of WLFI, which include $182 million worth of ETH, $55.6 million worth of the stablecoin…

Bitcoin is navigating a peculiar phase in its market cycle, recently breaking its all-time high (ATH) and holding strong above the critical $100,000 level. Despite this milestone, sentiment remains surprisingly bearish, with a growing number of investors and analysts predicting a potential correction in the near term. The market’s conflicting signals are creating a sense of unease as traders attempt to decipher Bitcoin’s next move. Top analyst Axel Adler has shared insightful data highlighting a concerning trend in network activity. According to Adler, weekly changes in the volume of active addresses on the Bitcoin network are currently in negative territory.…