IO.NET AI 🤖 IO.NET was founded in 2019 by Ahmad Shadid and Matej Tomazin. The company focuses on creating a decentralized GPU cloud platform for machine learning and AI applications. It aims to leverage underutilized GPUs to provide cost-effective computing power for startups and smaller enterprises. IO.NET is headquartered in New York, NY, and has a total of 73 employees as of 2024. GPU 👀 A decentralized GPU cloud platform is a network that aggregates underutilized graphics processing units (
Blockchain for Everyone: The Benefits and Basics of Blockchain as a Service (BaaS)
In the ever-evolving world of technology, blockchain has emerged as a groundbreaking innovation with the potential to transform various industries. However, for many, the technical complexities and high costs associated with blockchain technology can be daunting. This is where Blockchain as a Service (BaaS) comes into play, making it easier for businesses and individuals to leverage the power of blockchain without needing extensive technical knowledge or substantial financial investment. What is
BTCFi stands for Bitcoin Finance, a decentralized financial ecosystem built on the Bitcoin blockchain. It aims to provide financial services like lending, borrowing, and trading directly on the Bitcoin network without the need for intermediaries. This system leverages smart contracts and other blockchain technologies to create a secure, transparent, and efficient financial environment for Bitcoin users. This is Unlocking BTCfi #1 — a fresh take on Core’s journey to the center of BTCfi. With so
What is ETF? An Exchange-Traded Fund (ETF) is an investment fund that is traded on stock exchanges, similar to stocks. ETFs hold assets such as stocks, commodities, or bonds, and typically operate with an arbitrage mechanism designed to keep their trading close to their net asset value. They offer the diversification benefits of mutual funds but with the flexibility and liquidity of individual stocks. Investors can buy and sell ETF shares throughout the trading day at market price, which can flu
Bitcoin Reaches New Monthly Peak at $48,600 as Altcoins Turn Green
According to CryptoPotato, Bitcoin has continued its weekly run, reaching a new monthly peak of $48,600. The altcoins have also turned green once more, and the total market cap has reclaimed the coveted $1.8 trillion level. The primary cryptocurrency had been trading sideways for much of the previous ten days, remaining in a tight range at around $43,000 until Wednesday evening. This is when the bulls gained control over the market and initiated a few consecutive leg-ups, with Bitcoin's price climbing above $47,000 by the end of the business week.
Over the weekend, Bitcoin attempted to take down the $48,000 level and eventually succeeded, skyrocketing to $48,600 for the first time in roughly a month. This means that its market capitalization has neared $950 billion, while its dominance over the altcoins is above 52% again. Most altcoins are also in the green on a daily scale, as they have been in the past few days. Ethereum is up by another percentage and has decisively reclaimed the $2,500 level. BNB, SOL, XRP, DOGE, TRX, and DOT have seen similar gains of around 1-2%. Cardano has added 4% of value, while AVAX and BC are up by 5% and 8%, respectively. Chainlink has taken the main stage from the larger-cap alts, soaring by 11% and trading above $20 for the first time in years. The total crypto market cap has added about $30 billion once again overnight and stands at a local peak of $1.810 trillion.
🧧Attaining a daily profit of $10 from the convenience of your home is within reach with effective strategies. Explore key methods for success in the year 2024.
1. Spot Trading: Participate in the direct buying and selling of cryptocurrencies. Choose assets with high liquidity and moderate volatility.
2. Staking: Engage in Binance staking programs for locked-in assets and reap rewards. Research projects with dependable staking options and reasonable returns.
3. Farming and Liquidity Pools: Investigate DeFi platforms integrated with Binance for yield farming and liquidity provision. Earn transaction fees and additional rewards by supplying liquidity to various pools.
4. Binance Launchpad: Keep an eye on Binance Launchpad for token launches.
5. Referral Programs: Utilize Binance's referral programs for commissions. Invite others to join using your link, earning a percentage of their trading fees.
6. Arbitrage Trading: Take advantage of price disparities to buy low on one platform and sell high on another.
7. Leverage Trading: Borrow funds to amplify positions, but manage risks effectively.
Conclusion: Achieving a $10 daily income on Binance in 2024 is attainable with a strategic approach. Conduct thorough research, stay informed, and diversify strategies to mitigate risk.
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