Author: Yeek.io
Homepage > News > Business > Elon Musk’s ownership of X accounts and what it means for you The world’s richest man officially acquired Twitter on October 27, 2022. Since then, he has fired most of the workforce, allowed any kind of content to be posted with very few restrictions, and has faced an advertiser boycott that has almost wiped out the value of his original $44 billion investment. Elon Musk, who backed Donald Trump in his successful bid to be re-elected president of the United States, paints himself as a maverick and freedom fighter against the establishment and its…
Financial inclusion means ensuring everyone has access to basic financial services like saving, sending, and receiving money. This is especially important for the 1.4 billion people worldwide who don’t have a traditional bank account or don’t have access to reliable banking services. Without financial services, people face limitations in managing everyday expenses and planning for the future. Blockchain technology and cryptocurrency have recently emerged as a possible solution to this problem. By offering decentralized platforms, crypto could allow people to access financial services without needing a bank. For example, with just a smartphone and internet connection, someone can use a…
Add Haliey Welch, the viral “Hawk Tuah” star, to the growing list of influencer misadventures in the crypto space. The meme personality is facing serious backlash after her newly launched cryptocurrency, Hawk, took a nosedive from a $490 million market cap to just $60 million in mere hours. The crypto community, including YouTuber “Coffeezilla” (whose real name is Stephen Findeisen), is accusing Welch of running a “pump and dump” scheme, where hype drives the price up, only for insiders to cash out and leave investors hanging. Welch denied any wrongdoing. In a social media post, she claimed that her team…
Large Language Models (LLMs) like GPT-4, BERT, and other transformer-based models are reshaping AI applications, driving significant advancements across fields. However, running these models requires substantial computational resources, especially for inference tasks. Choosing the right GPU is crucial for optimizing performance, controlling costs, and ensuring scalability for any AI project—whether it’s a small-scale endeavor, a research-focused setup, or a full-scale production environment. In this article, we’ll examine the best NVIDIA GPUs for LLM inference and compare them based on essential specifications such as CUDA cores, Tensor cores, VRAM, clock speed, and cost. This guide will help you select the ideal…
Bullish expectations for Uniswap are high for this cycle Network metrics have been well under their 2021 highs, suggesting that further growth is possible Uniswap [UNI], at press time, seemed to exhibit strong bullish conviction. It has gained by 97% since 20 November, while also breaking several key resistance levels on the way. Its Open Interest climbed by 12% in 24 hours too – A sign of bullish sentiment. Technical and on-chain metrics revealed that Uniswap is on a strong uptrend now. And, more gains can be expected in the coming months. This, despite UNI still being 61% below its…
Crypto analyst Bluntz Capital has predicted that the Dogecoin price could soon witness a ‘violent’ 60% move against Bitcoin. The analyst further revealed what needs to happen for this parabolic rally to happen. Dogecoin Price To Record 60% Move Against Bitcoin In an X post, Bluntz Capital shared an accompanying chart showing that the Dogecoin price could record a 60% move against Bitcoin. He stated that this ‘violent’ upside move will happen once Dogecoin breaks this three-week accumulation trend. The crypto analyst is confident that this move will eventually happen, as he has restated it several times. Source: X The…
Fundstrats Tom Lee Fundstrat’s Tom Lee recently shared his insights on CNBC, stating that Bitcoin’s remarkable rally is a “precursor” to the S&P 500’s potential performance for the rest of 2024. Lee interprets the surge as a reflection of investors’ growing appetite for risk, indicating that capital, which has remained stagnant for years, is now re-entering the markets. With #Bitcoin topping $100K, will the rally read through to the markets? @fundstrat tells @davidfaber, @michaelsantoli & @lesliepicker that the breakout is a precursor for equities through year-end.Watch here: https://t.co/8iKYHbmKxE— Squawk on the Street (@SquawkStreet) December 5, 2024 Key Events Driving Market…
The non-fungible token, or NFT, market has shown decent growth amid Bitcoin’s historic breakthrough exceeding $100,000. The surge in cryptocurrency prices continues as Ethereum (ETH) strengthens its position, climbing 3.5% in the last 24 hours to reclaim the $4,000 level. The global cryptocurrency market capitalization has expanded to $3.67 trillion from last week’s $3.42 trillion. This is a 2.3% increase over the last day, with Bitcoin (BTC) trading around $99,611 at last check Saturday. See below. Source: CoinGecko According to the latest data from CryptoSlam, the NFT market has experienced a major upswing, with total sales volume reaching $196.2 million.…
Crypto trading is already popular, with millions of people buying and selling coins every day. Finding the lowest fees crypto exchange can make a big difference for anyone trading cryptocurrency. When fees are high, they eat into your profits and make every trade feel expensive. But with the right exchange, you can trade at lower costs and keep more of your money. In this guide, we’ll review the best crypto exchange with lowest fees and how low crypto exchange fees can give you an edge in crypto trading. Key Takeaways: The best low-fee crypto exchanges are MEXC, Binance, OKX, Bitget,…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. We’ve all gotten accustomed to hearing about crypto projects that cater to traditional finance and massive investment firms applying for crypto exchange-traded funds. But it’s easy to forget how hostile and combative the DeFi-TradFi relationship once was. Of course, these two different financial systems won’t ever see eye to eye entirely. But by understanding that they can’t eliminate the other, hostilities have died down, and lines of communication have opened up. TradFi understands the potential of blockchain…