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Tag: AI

Grayscale Launches Groundbreaking Decentralized AI Fund

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Grayscale Investments introduces the Grayscale Decentralized AI Fund. The fund targets protocols building AI services, solutions to centralized AI problems, and critical infrastructure for AI development. The initial basket of tokens includes Bittensor, Filecoin, Livepeer, Near, and Render. As of July 16, 2024, the fund components and weightings were: Near (NEAR) at 32.99%, Filecoin (FIL) at 30.59%, Render (RNDR) at 24.86%,...

AI, Cryptocurrencies, Front page, News

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Private Equity Giants Eye Bitcoin Miners Amid AI Boom

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In a significant development in the cryptocurrency and technology sectors, private equity firms are increasingly eyeing Bitcoin miners as potential partners in the rapidly expanding field of artificial intelligence (AI). This trend has been highlighted by a recent deal between Core Scientific and CoreWeave, which has sparked a wave of interest and investment in the Bitcoin mining industry. The Core Scientific-CoreWeave Deal: A Game...

AI, Bitcoin, Cryptocurrencies, Front page, News

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Crypto Market Update: May 15, 2024

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Bitcoin and Ethereum Despite the prevailing market volatility, Bitcoin’s underlying fundamentals remain strong. This resilience is evident from the steadfast behavior of long-term holders and a significant drop in mining difficulty. Ethereum, on the other hand, has been facing security challenges, with the platform suffering 57% of the exploits and hacks in the first quarter of 2024. Other Narratives Stellar performance from...

AI, Bitcoin, Blockchain, Cryptocurrencies, Ethereum

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Crypto Market Update as of May 10, 2024

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Bitcoin and Ethereum Lead Market RecoveryThe crypto market today sees a significant recovery, with Bitcoin nearing $61,000 and Ethereum topping $3,100. This surge comes amid a broader market rebound, with Bitcoin rising over 2% to $62.9k on renewed global rate-cut optimism. Ethereum’s price movements mirror this positive sentiment, as the cryptocurrency continues to gain following its successful transition to Proof-of-Stake. ...

AI, Bitcoin, Cryptocurrencies, Ethereum, GameFi, Memecoins, News

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