Cisco launches new AI networking chips to compete with Broadcom, Marvell
Cisco Systems on Tuesday launched networking chips for AI supercomputers that would compete with offerings from Broadcom and
2023-06-21 01:52
NTT Study: Artificial Neural Networks for Recognizing Natural Sounds Exhibit Human-Like Responses
TOKYO--(BUSINESS WIRE)--Aug 1, 2023--
2023-08-01 20:24
Student's service dog receives diploma at New Jersey graduation ceremony
A special, four-legged friend was among the thousands of graduates receiving a diploma at the commencement ceremony for New Jersey's Seton Hall University.
2023-05-28 03:28
The Best Pre-Prime Day Kindle Deals
In a lot of ways, the introduction of the Kindle marked Amazon's transformation into that
2023-06-14 00:29
Living with the Lenovo ThinkPad X1 Nano Gen 3
One of the easiest Windows notebooks to carry around is Lenovo’s ThinkPad X1 Nano, with
2023-08-19 04:50
xQc moves to Las Vegas and loses $1M, here's what happened
This comes after xQc's intense showdown with YouTuber Ethan Klein over the former's tendency to disregard copyright laws
2023-08-12 15:24
Atomic and eCU Technology Partner to Bring Automated Direct Deposit Switching to Credit Unions
HOUSTON--(BUSINESS WIRE)--Jul 13, 2023--
2023-07-13 21:25
A lifetime subscription to this popular password manager is on sale for under £25
TL;DR: A lifetime subscription to Sticky Password Premium is on sale for £23.83, saving you
2023-05-17 12:28
Bitcoin price hits 2023 high as ‘bullish event’ looms
The price of bitcoin has experienced the strongest first half of a year since 2019, nearly doubling in value since the start of 2023. The world’s leading cryptocurrency reached above $31,000 this week, up from $16,000 in January, pushing its market cap above $600 million for the first time in more than a year. Some crypto analysts suggest the approaching ‘halving’ event, which will see bitcoin mining rewards drop by 50 per cent, could be one factor behind the cryptocurrency’s positive price trend. Bitcoin’s halving takes place roughly every four years, with the crypto’s price cycles viewed by many traders and investors as being intrinsically link to the event. Sometimes referred to as “the halvening”, the seismic event is built-in to bitcoin’s technological foundations, and is aimed at making the digital currency anti-inflationary by reducing its supply. “The months prior to the halving have historically seen the start of a bullish trend for the market, hence the market participants are carefully looking at the second half of 2023,” Matteo Greco, a research analyst at the fintech investment firm Fineqia International, told The Independent. “Riot Platforms, an industry leader in bitcoin mining and data centre hosting, announced a $162 million investment to purchase 33,280 miners, aiming to nearly double its computational power in anticipation of the next halving.” Mr Greco pointed to the cryptocurrency litecoin, once referred to as the silver to bitcoin’s gold, which typically experiences its halving event a few months before its more famous rival. In the months leading up to Litecoin’s halvings in 2015 and 2019 its price saw massive gains, which were then replicated by bitcoin. Litecoin’s next halving is currently scheduled for 3 August 2023 and it is once again experiencing a significant price increase, outperforming broader market trends. “Litecoin often served as a sentiment metric on the bitcoin halving,” Mr Greco said. “The big increase in price, while most of the altcoins keep lagging, suggests bullish sentiment is increasing ahead of the next BTC halving.” Bitcoin’s halving is currently scheduled for 26 April, 2024, with pseudonymous crypto trader PlanB noting another historic price trend that could signal more gains over the coming months. “Buy bitcoin six months before a halving and sell 18 months after a halving has historically beaten ‘buy and hold’ [trading strategy],” he tweeted on Monday. “The next halving is in April 2024... Will this strategy work again?” Read More How bad is bitcoin for the environment really? Crypto experts discuss bitcoin price predictions What is Solana? The crypto rising 200-times faster than bitcoin Could Norwegian fjords and waterfalls stop bitcoin from destroying the planet?
2023-07-05 18:22
Is xQc moving back to Canada? Streaming community speculates if he plans to start 'gambling' again: 'Just full restart everything'
xQc claimed he will book a flight to either Toronto or Vancouver in an effort to 'pull the plug' and 'full restart everything'
2023-08-01 16:16
Siemens Energy Talks on Loan Guarantees Are Still Ongoing
Siemens Energy AG’s talks with the German government and main shareholder Siemens AG on billions in loan guarantees
2023-11-10 01:23
Travel without roaming costs with 50% off this eSIM card plan
TL;DR: Traveling out of the country this summer? As of May 29, aloSIM is offering
2023-05-29 17:47
You Might Like...
The best VPNs for Android
U.S. senators announce subpoenas to Discord, Snap, X CEOs on child sexual exploitation
Doctor reveals most dangerous sex position which ‘cause penis fractures’
Parents urged to delete their kids social media accounts ahead of possible Israeli hostage videos
US Backs Poland Gas Hedging, Drawing Climate Activists’ Ire
How to Pre-Load MW3 Campaign
EA Sports FC 24 Ratings Leak: The 10 Best Players Overall
Nowhere Is Safe From Worsening Climate Change, New US Report Warns
