Author: Yeek.io
Traders often find themselves relentlessly pursuing the perfect algorithm or the cutting-edge machine learning model that will give them the edge over competitors. However, as the brilliant mathematician Claude Shannon—rightfully called the “father of information theory” and arguably one of the greatest minds of the 20th century—demonstrated through his groundbreaking work, the fundamental question isn’t which sophisticated model to implement, but rather understanding the inherent predictability of the variables we’re attempting to forecast. The Misguided Focus of Novice Quantitative Traders When entering the world of algorithmic trading, many beginners immediately gravitate toward technical implementation questions: “Should I use Long Short-Term…
XRP is riding its longest-ever winning streak against ETH, with six straight months of outperformance — but is this momentum sustainable? Ripple (XRP) has now outperformed Ethereum (ETH) for six consecutive months, marking its longest winning streak on record against ETH. The run began in November last year, when XRP surged by 160.4% relative to ETH. That momentum continued with gains of 18.5% in December, 47.3% in January, 4.3 in February, 19.6% in March, and 14.3% in April. Altogether, XRP has gained more than 264% against ETH during this six-month stretch. Historically, XRP has rarely outperformed ETH for more than…
Galaxy Digital CEO Mike Novogratz believes financial markets are grappling with a profound shift, one that’s rattling investors and pushing them toward traditional safe havens like gold, even as the crypto market struggles to find its footing.Speaking to CNBC on Wednesday, Novogratz said the recent surge in tariffs took many by surprise and has sent shockwaves through the global economy. He linked the market reaction to wider geopolitical shifts, where the long-standing global security and economic framework is now undergoing a fundamental transformation.“Trump saying, ‘wait a minute, I want to change that,’ has introduced major uncertainty,” Novogratz said, noting that…
The current artificial intelligence boom captures headlines with exponential model scaling, multi-modal reasoning, and breakthroughs involving trillion-parameter models. This rapid progress, however, hinges on a less glamorous but equally crucial factor: access to affordable computing power. Behind the algorithmic advancements, a fundamental challenge shapes AI’s future – the availability of Graphics Processing Units (GPUs), the specialized hardware essential for training and running complex AI models. The very innovation driving the AI revolution simultaneously fuels an explosive, almost insatiable demand for these compute resources. This demand collides with a significant supply constraint. The global shortage of advanced GPUs is not merely…
MapleStory Universe has launched the Henesys Chain, a new Layer 1 blockchain network built on Avalanche and powered by AvaCloud, to provide the technical foundation for MapleStory Universe’s expansion into web3 gaming.Designed to simplify blockchain interactions for players, the Henesys Chain introduces features such as gasless transactions and a permissioned NFT system.Developers will also have access to new tools that allow them to create dApss tied to the MapleStory Universe ecosystem. Source: MapleStory UniverseWhat is Henesys Chain?Henesys Chain is a custom Layer 1 blockchain created specifically for MapleStory Universe, developed using Avalanche’s technology through AvaCloud. The chain is named after…
Homepage > News > Business > Google restricts digital asset ads in EU to MiCA-licensed firms Starting April 23, Google (NASDAQ: GOOGL) will apply new rules regarding digital asset advertising in the European Union, restricting promotions to licensed digital asset firms in accordance with the EU’s recently implemented Markets in Crypto-Assets (MiCA) regulation. According to a March 25 policy update, Google announced that those wishing to advertise digital asset exchanges and software wallets in the EU would soon need to be licensed as a Crypto-Asset Service Provider (CASP) under MiCA regulation by a “relevant national competent authority”; compliant with all…
SYRUP jumped as much as 36% today, driven by strong ecosystem growth and whale accumulation. On April 17, Maple Finance’s SYRUP token hit an intraday high of $0.15, putting it up more than 76% from its monthly low. At the time, its market cap sat around $128.8 million, and daily trading volume surged 157% to over $10.7 million. Much of the hype came from rising demand in Maple’s derivatives market, too, as open interest in SYRUP futures shot up 90% in a day, reaching $359.6k. The rally is largely tied to growing excitement around Maple Finance’s expanding ecosystem, which recently…
Recent implementations of significant economic tariffs, particularly between the United States and China, have introduced substantial volatility into the global technology landscape. The imposition of broad US import tariffs, including steep rates on Chinese goods, and subsequent retaliatory measures by China, have created considerable market turmoil. While a subsequent 90-day pause on most retaliatory tariffs (notably excluding China) provided temporary market relief, evidenced by significant stock market gains, the underlying instability and the persistence of base tariffs underscore ongoing risks. This report analyzes the repercussions of this tariff environment on the global graphics processing unit (GPU) industry based on available…
The cryptocurrency market is still recycling old narratives, with few new trends yet to emerge and replace the dominant themes in the first quarter of 2025.Artificial intelligence tokens and memecoins were the dominant crypto narrative in the first quarter of 2025, accounting for 62.8% of investor interest, according to a quarterly research report by CoinGecko. AI tokens captured 35.7% of global investor interest, overtaking the 27.1% share of memecoins, which remained in second place.Out of the top 20 crypto narratives of the quarter, six were memecoin categories while five were AI-related.AI tokens, memecoins, were leading crypto narratives in Q1 2025:…
Kingstown, Saint Vincent and the Grenadines, April 17th, 2025, Chainwire SimpleFX has announced a significant expansion of its trading offer, increasing its portfolio to include over 1,000 financial assets spanning global markets. This development marks a strategic extension of the platform’s multi-asset trading capabilities, aimed at providing broader market access to its users. Expanded Equities and Geographic Coverage The update introduces hundreds of new equities from regions including Australia, Malaysia, Hong Kong, the Republic of South Africa, and Singapore. SimpleFX has also extended its coverage in key markets such as Brazil, Germany, France, Japan, Sweden, and Turkey. This broader market…