Bitcoin on the Verge of Breaking Records: Rising Demand and Economic Changes Fuel Its Rise
Bitcoin: Get ready for a new ATH! Hello everyone! Today I want to tell you about something exciting in the crypto world: Bitcoin is poised to reach a new All-Time High (ATH) thanks to rising demand and anticipated economic changes. US interest rate cut One of the key factors is the anticipated reduction of interest rates in the US in September. This has rejuvenated Bitcoin investors, who have been waiting for a positive boost. Bitcoin Price Rebounds
Phoenix Global has released a major upgrade to its computing layer, known as SkyNet. This Web 3-based platform is designed to scale artificial intelligence (AI) and multi-party computation (MPC). Key points from the litepaper are highlighted below: Current State of the Compute Layer Rapid Growth: The compute layer has seen significant growth in usage, with a nearly 3x increase in the number of users and a 4x increase in AI and privacy computing jobs since March 20231.
𝗣𝗵𝗼𝗲𝗻𝗶𝘅 𝗚𝗲𝗻𝗔𝗜, a new service that lets you generate AI-powered images, gifs, art, and content with our AI Elastic Compute Layer 𝗦𝗸𝘆𝗡𝗲𝘁. Phoenix GenAI will work flawlessly with @telegram and will be accessible to everyone from this week.
With Phoenix GenAI, you can create amazing AI-generated creations with just a few taps on Telegram. It will support various generative AI frameworks, starting with 𝗦𝘁𝗮𝗯𝗹𝗲 𝗗𝗶𝗳𝗳𝘂𝘀𝗶𝗼𝗻 from @StabilityAI.
Phoenix GenAI will be free for users and will only need a 10 PHB staking requirement (not needed at first) for basic features. This is another achievement in Phoenix’s value-driven AI ecosystem, following AlphaNet, PhoenixLLM, and Horizon Protocol.
SkyNet’s adoption opportunities are expanding for both developers and end-users. Keep an eye out for more information!
2023 has been an impressive year for me. I've been lucky enough to go to Binance live events in Barcelona, The Weekend concert in Madrid, online events, I've met awesome people from all over the world. And this is just the beginning, 2024 more and better!
As the year comes to an end, 2023 has indeed been a transformative year for Binance on several fronts and we couldn't have done it without you! We want to see what your #2023WithBinance looked like in exchange for some exclusive swags ✨ How to Participate: 1. Quote this post and share which trends you participated in with #2023WithBinance as a post on Binance Square. 2. Share it on your social media. We’ll pick 15 users who completes the steps above to receive an exclusive Binance year-end swag set. Activity Period: 2023-12-23 00:00 to 2023-12-31 23:59 (UTC) Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this campaign, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments. Terms and Conditions: 1. This activity may not be available in your region. Only KYC-verified Binance users will be eligible to participate and qualify for rewards in this activity. 2. Winners will be notified via a push notification under Creator Center > Square Assistant 21 working days after the campaign ends.
Stacks, the cryptocurrency that enables DeFi and NFTs for Bitcoin, soars 58% in four days
Stacks (STX), the native token of the Stacks network, which aims to enable decentralized finance (DeFi), NFTs, apps and smart contracts for Bitcoin, has seen an impressive price rise in the first few days from December.
Stacks is a network that connects with Bitcoin and uses its security and liquidity to enable new use cases. STX is used to pay transaction fees and can be locked directly on the network to earn rewards in the form of BTC. This creates an incentive for users to participate in the network consensus and contribute to the development of the ecosystem.
Stacks also offers a solution to Bitcoin's scalability problem by allowing the creation of secondary layers that can process more transactions and execute smart contracts without affecting the performance of the main chain. Additionally, Stacks makes it easy to create NFTs, which are unique, one-of-a-kind digital assets that can represent anything from art and music to collectibles and games.
With growing demand for DeFi and NFTs, and Bitcoin's potential as the world's strongest store of value, Stacks presents itself as an attractive option for investors and developers who want to take advantage of both networks. According to the Stacks website, there are over 400,000 users and over 500 developers already part of the Stacks community.
Phoenix is an infrastructure that enables the development and use of decentralized artificial intelligence and scaling of computing on the Web 3. This means that Phoenix offers a platform where developers can create applications that use artificial intelligence to solve complex problems and offer innovative services, without depending on centralized intermediaries that control data and resources. Additionally, Phoenix allows users to access and benefit from these applications, sharing their data and computing power securely and voluntarily, and receiving rewards for their contribution. Phoenix is based on blockchain technology, which guarantees transparency, security and decentralization of operations and transactions. Phoenix has its own cryptocurrency, called PHB, which is used as a means of payment and incentive within its ecosystem. Phoenix has several products, such as AlphaNet, a platform that uses artificial intelligence to generate benefits for users; Phoenix OS, a web-based operating system 3 that enables access to decentralized applications; and Phoenix SDK, a development kit that makes it easy to create intelligent applications. Phoenix's vision is to create a world where artificial intelligence is accessible, democratic and beneficial to all.
Phoenix: A Blockchain Infrastructure for the Future of Decentralized AIBlockchain technology has been revolutionizing various industries and sectors, such as finance, supply chain, gaming, and more. However, one of the most promising and challenging fields that can benefit from blockchain is artificial intelligence (AI).AI is a rapidly evolving and expanding domain that requires massive amounts of data, computation, and innovation. However, the current centralized and siloed nature of AI develop