Stuart Alderoty dankt Hester Peirce und schlägt vor, dass sich die SEC-Kommissarin direkt in das Verfahren um das Krypto-Projekt LBRY einmischt.
Finanzmittel Info + Krypto + Geld + Gold
Krypto minen, NFT minten, Gold schürfen und Geld drucken
Stuart Alderoty dankt Hester Peirce und schlägt vor, dass sich die SEC-Kommissarin direkt in das Verfahren um das Krypto-Projekt LBRY einmischt.
Im Zeugenstand macht Sam Bankman-Fried zwar Zugeständnisse, deutet jedoch auch eine Mitschuld seiner früheren Kollegen an.
The price of Render rose sharply on Friday as the AI crypto token continued the outperformance seen this past week. RNDR traded more than 5% up to highs of $2.25 in the 24-hour period to the time of writing, with weekly and monthly gains at 13% and 52% respectively.
Recent upward momentum has benefited from AI hype driven by forecasts from mainstream companies, including Microsoft, Nvidia and Palantir.
Render’s upside appears to have defied likely sell-off pressure after on-chain data revealed FTX/Alameda had moved over 974k RNDR tokens. While the transfer of the tokens, valued around $2 million at the time, was probably for selling purposes, the market’s reaction kept bulls in control.
This positivity for the altcoin also came after a community vote passed the RNP-005: Beam Compute Client proposal.
As the Render Network X account shared early Friday, the core proposal submitted on October 23 had passed. RNP-005 saw 1.4 million RNDR, or 99.79% of votes, support the onboarding of cloud platform Beam, which could become the second Compute Client leveraging Render Network’s GPUs for machine learning (ML) workloads.
The community vote for RNP-005 is now closed. The proposal has been passed with 1.4M RNDR (99.79%) for approve and 2.9K RNDR (.21%) for Deny.
The proposal now moves onto „Render Network Team Review.“ If it passes technical feasibility the Foundation will post the final RNP-005… pic.twitter.com/JyUeev4zNj
— The Render Network (@rendernetwork) October 26, 2023
Beam’s cloud platform allows for the accelerated development and deployment of AI operations with GPUs. This will be possible without managing infrastructure, the proposal notes.
As such, integrating with this platform will enable Render’s decentralized GPU network to power the ML workloads. It’s a development that could see Render broaden its utility, with demand a factor for RNDR.
With the community vote closed, the proposal has moved to the next stage of “Render Network Team Review.” If RNP-005 passes technical feasibility at this stage, the Render Foundation will move to publish the final vote – expected on Wednesday, next week.
The post Render (RNDR) price rallies as community passes key proposal appeared first on CoinJournal.
Nach dem jüngsten Aufschwung der marktführenden Kryptowährung schießen die Google-Suchanfragen zu Bitcoin auf der ganzen Welt in die Höhe.
Bitcoin’s jump to above $35,000 this week came amid the crypto market’s latest spot Bitcoin ETF anticipation. This has the flagship cryptocurrecy looking at potentially printing the first consecutive weekly green candle since late July/early August when it went on to hit lows of $24,900 in September.
BTC has notably retreated from the $35k level and is battling to strengthen above $33.5k as of Friday afternoon, October 27.
While some analysts say the crypto could look to retest key support levels, crypto services platform Matrixport says in a new Bitcoin price prediction that the benchmark cryptocurrency could soar to $125,000 by the end of next year.
The platform said in its latest research report that with Bitcoin in its fifth bull market, soaring institutional interest and potential price catalysts such as spot ETF could prove key to price gains.
“Bitcoin’s 5th BullMarket is underway, defined by institutional interest and a soaring price trajectory. This cycle began on June 22, 2023, with a new one-year high, historically leading to impressive returns. The target? $125,000 by December 2024,” the firm highlighted in a post on X.
The bullish perspective is down to Bitcoin’s growth as an asset class, with investors now looking at the cryptocurrency much more like they view traditional safe-haven assets like Gold and Treasury bonds. Institutional investors are buying Bitcoin as part of diversifying their portfolios.
BTC at current prices could therefore end up being a huge bargain given the expected influx of institutional money. For investors likely to think of a better entry point, Matrixport analysts say that price was $17k.
“Our analysis indicates that the optimal entry point was in October 2022, when Bitcoin traded at just $17,000. The narrative is now centered around institutional adoption and asset diversification,” they added.
The post Bitcoin price to hit $125k by end of 2024: Matrixport appeared first on CoinJournal.