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io.net is a decentralized platform that pools GPUs from data centers, crypto miners, and decentralized storage providers, providing affordable GPU computing power for AI/ML teams. Users can tap into idle GPU capacity for parallel training, hyperparameter tuning, inference, and various workloads across a distributed network of devices. The project has ongoing airdrop campaign with multiple levels, one of which is a discord tasks and being active in the community. Second one is a Galxe campaign, where you need to do social tasks and also join the discord, the Galxe ID might be necessary. Third one is related to renting the GPU to the platform for rewards. Whole project is made on top of Solana Ecosystem, which makes whole infrastructure cheaper even than most AI/Generative image firms out there. If you are interested, join the discord with the link below: https://discord.gg/ionetofficial In case you want to check Galxe campaign, check the following URL: https://galxe.com/io.net/campaign/GCD5ot4oXP Company has an AI model to check out for free: https://bc8.ai/
io.net is a decentralized platform that pools GPUs from data centers, crypto miners, and decentralized storage providers, providing affordable GPU computing power for AI/ML teams. Users can tap into idle GPU capacity for parallel training, hyperparameter tuning, inference, and various workloads across a distributed network of devices.

The project has ongoing airdrop campaign with multiple levels, one of which is a discord tasks and being active in the community.

Second one is a Galxe campaign, where you need to do social tasks and also join the discord, the Galxe ID might be necessary.

Third one is related to renting the GPU to the platform for rewards.

Whole project is made on top of Solana Ecosystem, which makes whole infrastructure cheaper even than most AI/Generative image firms out there.

If you are interested, join the discord with the link below:

https://discord.gg/ionetofficial

In case you want to check Galxe campaign, check the following URL:

https://galxe.com/io.net/campaign/GCD5ot4oXP

Company has an AI model to check out for free:

https://bc8.ai/
Analyst points to imminent signs of spot Bitcoin ETF approvalBloomberg analyst James Seyffart believes that the US Securities and Exchange Commission (SEC) could approve all applications for the instrument at once in Jan. 2024.In his opinion, this is indicated by the collection of opinions on the application to launch a spot #BTC ETF by Franklin Templeton and Hashdex, meaning that every applicant needs to be lined up for potential approval by the Jan. 10, 2024 deadline.The expert posted an update on the filing noting that while the SEC was very early on t

Analyst points to imminent signs of spot Bitcoin ETF approval

Bloomberg analyst James Seyffart believes that the US Securities and Exchange Commission (SEC) could approve all applications for the instrument at once in Jan. 2024.In his opinion, this is indicated by the collection of opinions on the application to launch a spot #BTC ETF by Franklin Templeton and Hashdex, meaning that every applicant needs to be lined up for potential approval by the Jan. 10, 2024 deadline.The expert posted an update on the filing noting that while the SEC was very early on t
Grayscale Bitcoin Trust’s discount narrows to 8% amid growing ETF optimism Grayscale intends to turn its #gbtc fund into a highly-anticipated spot Bitcoin ETF, pending approval by the SEC.According to market data from YCharts on Nov. 24, the Grayscale Bitcoin Trust (GBTC) discount rate has narrowed to 8.06%.The “discount” refers to the situation where the Grayscale Bitcoin Trust (GBTC) shares are trading at a price lower than their underlying net asset value (NAV).GBTC began trading at a discount in early 2021, sometime after Grayscale halted GBTC redemptions. As trad

Grayscale Bitcoin Trust’s discount narrows to 8% amid growing ETF optimism

Grayscale intends to turn its #gbtc fund into a highly-anticipated spot Bitcoin ETF, pending approval by the SEC.According to market data from YCharts on Nov. 24, the Grayscale Bitcoin Trust (GBTC) discount rate has narrowed to 8.06%.The “discount” refers to the situation where the Grayscale Bitcoin Trust (GBTC) shares are trading at a price lower than their underlying net asset value (NAV).GBTC began trading at a discount in early 2021, sometime after Grayscale halted GBTC redemptions. As trad
Standard Chartered joins China's CBDC pilot testingThe British bank will provide e-CNY #CBDC services to clients and explore its future use in China's financial system.British multinational bank Standard Chartered will partake in trials of China's digital yuan central bank digital currency (e-CNY CBDC), one of the first foreign banks to do so in the country.According to the Nov. 27 announcement, Standard Chartered, through its partner City Bank Clearing Services Co., will allow its clients to purchase, exchange, and redeem e-CNY within its bank

Standard Chartered joins China's CBDC pilot testing

The British bank will provide e-CNY #CBDC services to clients and explore its future use in China's financial system.British multinational bank Standard Chartered will partake in trials of China's digital yuan central bank digital currency (e-CNY CBDC), one of the first foreign banks to do so in the country.According to the Nov. 27 announcement, Standard Chartered, through its partner City Bank Clearing Services Co., will allow its clients to purchase, exchange, and redeem e-CNY within its bank
LUNA, LUNC, USTC surge as social activity skyrockets after key update The three tokens of the Terra ecosystem — Terra (#LUNA ), Terra Classic (#LUNC ) and TerraClassicUSD (#USTC/USDT ) — have gained momentum following an update last week. The surge comes a week after Terraform Labs deployed $10 million worth of assets in three different liquidity pools. #LUNA is up by 22% in the past 24 hours and is trading at $0.83 at the time of writing. The asset’s market cap rose to $490 million, making it the 99th-largest cryptocurrency. Terra’s 24-hour trading volume also wi

LUNA, LUNC, USTC surge as social activity skyrockets after key update

The three tokens of the Terra ecosystem — Terra (#LUNA ), Terra Classic (#LUNC ) and TerraClassicUSD (#USTC/USDT ) — have gained momentum following an update last week. The surge comes a week after Terraform Labs deployed $10 million worth of assets in three different liquidity pools. #LUNA is up by 22% in the past 24 hours and is trading at $0.83 at the time of writing. The asset’s market cap rose to $490 million, making it the 99th-largest cryptocurrency. Terra’s 24-hour trading volume also wi
Top cryptos to watch this week: BTC, ROSEIn a largely favorable week, the global crypto market cap rose 2.12% from $1.41 trillion at the start of the week to the current $1.44 trillion, with Bitcoin (BTC) and Oasis Network (ROSE) each making notable movements.Bitcoin #BTC , as the leading cryptocurrency, wielded significant influence over the wider crypto market in its recent movements. Starting the week on a positive note, it faced downward pressure on Nov. 21 due to reports surrounding Binance’s legal issues.The impact was notable as

Top cryptos to watch this week: BTC, ROSE

In a largely favorable week, the global crypto market cap rose 2.12% from $1.41 trillion at the start of the week to the current $1.44 trillion, with Bitcoin (BTC) and Oasis Network (ROSE) each making notable movements.Bitcoin #BTC , as the leading cryptocurrency, wielded significant influence over the wider crypto market in its recent movements. Starting the week on a positive note, it faced downward pressure on Nov. 21 due to reports surrounding Binance’s legal issues.The impact was notable as
Bitcoin's Bullish Momentum Faces Threat Of Bearish DivergenceThe price of Bitcoin (#BTC ) could potentially drop to $30,000 due to a looming bearish divergence, even as bulls are steaming ahead to the $40,000 mark.What Happened: Despite the excitement surrounding the potential approval of spot Bitcoin ETFs causing a Bitcoin price surge, the recent delay by the Securities and Exchange Commission (SEC) has dampened the bullish momentum, reported FXStreet.Even though “whale” investors have provided some support, indications of a significant Bitcoin rally rev

Bitcoin's Bullish Momentum Faces Threat Of Bearish Divergence

The price of Bitcoin (#BTC ) could potentially drop to $30,000 due to a looming bearish divergence, even as bulls are steaming ahead to the $40,000 mark.What Happened: Despite the excitement surrounding the potential approval of spot Bitcoin ETFs causing a Bitcoin price surge, the recent delay by the Securities and Exchange Commission (SEC) has dampened the bullish momentum, reported FXStreet.Even though “whale” investors have provided some support, indications of a significant Bitcoin rally rev
#Solana (SOL): The High-Performance Contender Solana (SOL) has recently witnessed a huge surge in decentralized exchange (DEX) trading activity, with its (TVL) climbing by 42%. This growth indicates a robust and active ecosystem, attracting traders and investors alike. Solana’s increasing DEX activity and TVL growth suggest a positive trend in its market value. This uptick is a testament to the growing confidence and interest in Solana’s capabilities and offerings. Considering the current market dynamics and Solana (SOL) performance, there is a cautiously optimistic outlook for its future price. The platform’s high-performance capabilities and growing ecosystem are significant drivers. However, it’s essential to consider the broader market trends and potential regulatory changes that could impact its trajectory. #NEAR Protocol: The Efficiency Innovator NEAR Protocol (NEAR) stands out for its focus on efficiency, evidenced by its unique architecture and scalability solutions. Despite hosting a relatively small number of dapps, NEAR has seen a remarkable surge in daily active users (DAU), indicating a growing user base and potential for increased network activity. The price of NEAR Protocol (NEAR) has not correlated directly with its DAU growth, suggesting untapped potential. The increasing network fees and revenue could signal an upcoming rise in its market value. NEAR Protocol (NEAR) future price trajectory appears promising, given its technological innovations and growing user base. However, the lack of direct correlation between DAU and price necessitates a cautious approach. Cardano (#ADA): The Staking Giant #Cardano #ADA is gaining attention for its potential to offer massive staking rewards, which could attract a significant number of investors and increase its market presence. Cardano (ADA) future price is poised for potential growth, driven by its staking rewards and technological advancements. However, the overall market conditions and investor sentiment will play crucial roles in determining its actual performance. src: blockonomi
#Solana (SOL): The High-Performance Contender

Solana (SOL) has recently witnessed a huge surge in decentralized exchange (DEX) trading activity, with its (TVL) climbing by 42%. This growth indicates a robust and active ecosystem, attracting traders and investors alike.

Solana’s increasing DEX activity and TVL growth suggest a positive trend in its market value. This uptick is a testament to the growing confidence and interest in Solana’s capabilities and offerings.

Considering the current market dynamics and Solana (SOL) performance, there is a cautiously optimistic outlook for its future price. The platform’s high-performance capabilities and growing ecosystem are significant drivers. However, it’s essential to consider the broader market trends and potential regulatory changes that could impact its trajectory.

#NEAR Protocol: The Efficiency Innovator

NEAR Protocol (NEAR) stands out for its focus on efficiency, evidenced by its unique architecture and scalability solutions. Despite hosting a relatively small number of dapps, NEAR has seen a remarkable surge in daily active users (DAU), indicating a growing user base and potential for increased network activity.

The price of NEAR Protocol (NEAR) has not correlated directly with its DAU growth, suggesting untapped potential. The increasing network fees and revenue could signal an upcoming rise in its market value.

NEAR Protocol (NEAR) future price trajectory appears promising, given its technological innovations and growing user base. However, the lack of direct correlation between DAU and price necessitates a cautious approach.

Cardano (#ADA): The Staking Giant

#Cardano #ADA is gaining attention for its potential to offer massive staking rewards, which could attract a significant number of investors and increase its market presence.

Cardano (ADA) future price is poised for potential growth, driven by its staking rewards and technological advancements. However, the overall market conditions and investor sentiment will play crucial roles in determining its actual performance.

src: blockonomi
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