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OpenAI may not turn a profit until 2029 despite rapid growth
10.10.2024
Despite growing revenues, OpenAI is expected to continue operating at a loss until 2029, as the cost of scaling advanced AI models remains steep
OpenAI may not turn a profit until 2029 despite rapid growth
10.10.2024
Despite increasing revenue, OpenAI is expected to continue operating at a loss until 2029, as the cost of scaling advanced AI models remains steep
CPI Growth Is Set to Slow Even More
9.10.2024
And that’s good news for risk assets like bitcoin and ether, says Scott Garliss
Unlocking Bitcoin’s Future: GoBTC Foundation’s Jeremy Dreier on the Crucial Role of Onchain Growth
7.10.2024
GoBTC Foundation supports innovative Layer 1 and Layer 2 projects to grow the Bitcoin onchain ecosystem. By providing investment, strategic guidance, and a platform for launching new tokens, this new foundation helps onchain projects accelerate growth and contribute to Bitcoin’s future—one that...
Bitcoin Transfer Volumes Soar in 2024, Set to Break 2023’s Record in 2 Weeks
6.10.2024
According to recent data, the five busiest days for bitcoin transfers on the network occurred in 2024. The all-time peak was at the end of April, with the second-highest transaction day recorded on Sept. 8. In its more than 15 years of operation, the Bitcoin network has witnessed daily transfer...
Zero-Knowledge Virtual Machines Key to Ethereum Growth, Says Hashkey Capital
5.10.2024
Hashkey Capital, one of Asia’s largest venture capital firms specializing in Web3 and cryptocurrency, has released its sector analysis for the first half of 2024. The report covers significant technological advancements across multiple blockchain sectors, with a strong focus on Ethereum, account...
This Week’s NFT Sales See 10% Growth After Difficult September
5.10.2024
Following a slow period for non-fungible token (NFT) sales in September, the past week has shown a 10.07% rise in revenue compared to the previous week. According to data from cryptoslam.io, the total NFT sales reached $85.8 million, with Ethereum contributing $27.75 million. NFT Market Sees $85.8M...
Nigeria to Launch $1.5M Initiative to Boost AI Development
5.10.2024
Nigeria’s Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, has announced a $1.5 million initiative to boost the country’s Artificial Intelligence (AI) development. This fund, supported by Luminate, a global foundation, will be launched on Oct. 7 in Abuja....
CleanSpark reports 187% hashrate growth
4.10.2024
CleanSpark’s hashrate increased from 9.6 EH/s to 27.6 EH/s over the past year, driven largely by strategic acquisitions that boosted its mining capacity
X Empire Reveals Final Tokenomics: 25% for New Users and Growth
4.10.2024
The X Empire Project has revealed its final tokenomics, highlighting total supply of 690 billion $X tokens. As…
Crypto for Advisors: Crypto as a Growth Driver
3.10.2024
For wealth managers, crypto presents a key opportunity for growth – especially with rising mainstream interest after the approval of spot bitcoin and ether ETFs earlier this year
Vivek Ramaswamy Calls to End Federal Bureaucracy: ‘We Have Too Many Laws’
3.10.2024
Vivek Ramaswamy has voiced strong criticism against the federal bureaucracy, emphasizing that unelected officials are behind most laws, not Congress. He called for bipartisan efforts to dismantle the regulatory state. Ramaswamy emphasized that reducing bureaucratic power will drive prosperity...
Bitcoin Enters Positive Seasonal Trend, Demand Key to Further Growth: Cryptoquant
2.10.2024
Bitcoin is entering a period of traditionally positive performance, according to the latest analysis from Cryptoquant and its researchers. However, for bitcoin to reach new highs, increasing demand will be crucial as current levels remain stagnant. ‘Demand Has a Lot of Room to Grow’...
Gomining Launches Foundation to Drive Innovation in Bitcoin L1 and L2 Projects
1.10.2024
The GoBTC Foundation, established by Gomining, has been officially launched to strengthen Bitcoin’s onchain ecosystem. The foundation’s creation aims to support initiatives that foster greater transaction activity and ecosystem growth. Foundation Established to Foster Bitcoin’s...
DeFi resurgence driven by Fed cuts, China, key protocols
1.10.2024
An Apollo Crypto report links DeFi resurgence to US Federal Reserve rate cuts, China’s credit expansion and improved DeFi infrastructure
NFT Sales Climb 4.87% as Ethereum and Bitcoin Collectibles Dominate
28.9.2024
NFT sales saw a solid increase this week, climbing 4.87% from the previous period to reach a total of $79.38 million. According to cryptoslam.io, the number of NFT buyers jumped by 34.13%, while sellers grew by 28.72%. Top NFT Collections See Gains This Week, Bitcoin-Based Nodemonkes Leads the Pack...
Crypto for Advisors: The Growth of Bitcoin as Collateral
26.9.2024
As traditional investment products face declining yields, savvy asset managers must consider emerging opportunities within the cryptocurrency space to meet growing client demand
Bitcoin Network Eases Up: Difficulty Falls 4.6% at Block 862,848
26.9.2024
Bitcoin miners got a bit of a breather on Wednesday as the network’s difficulty dropped by 4.6% at block height 862,848. For the next two weeks, the process of finding a block subsidy is 4.6% easier than it was during the previous 2,016 blocks, which had the highest difficulty level ever...
Saudi Arabia Leads MENA in Crypto Growth for Second Year Running
26.9.2024
Saudi Arabia has emerged as the fastest-growing crypto economy in the Middle East and North Africa (MENA) region for the second consecutive year. Unlike other MENA countries, Saudi Arabia’s and Qatar’s crypto activity primarily stems from decentralized finance platforms. The majority...
Vitalik Buterin Applauds Celo’s Notable Growth
25.9.2024
Ethereum co-founder Vitalik Buterin has commented on Celo’s recent success in Africa, highlighting the platform’s growing influence in…