BlackRock is buying about 4,120 BTC on a daily basis. If the pace continues, the company will outperform the Grayscale ETF over the next three weeks, which records average outflows at about the same level.
Grayscale has about $350k BTC on its balance sheet today, but the company was previously one of the largest holders of BTC, with 630k BTC on its balance sheet at its peak.
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Crypto speak: NFA
βNFAβ is an abbreviation for βnonfinancial advice,β a disclaimer that this person is unqualified to provide financial advice and that their opinion should not be considered as such.
Most crypto resources use this expression to comply with legal requirements, but this word is often used in an ironic sense, just to recommend some coin.
πΈ Crypto_Insights
βNFAβ is an abbreviation for βnonfinancial advice,β a disclaimer that this person is unqualified to provide financial advice and that their opinion should not be considered as such.
Most crypto resources use this expression to comply with legal requirements, but this word is often used in an ironic sense, just to recommend some coin.
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Through Xoom's cross-border payments service, US customers can now convert PYUSD to USD and then send money to "recipients in 160 countries" without being charged a transaction fee.
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π Intel $INTC just unveiled its new AI accelerator processor called Gaudi 3
Intel says the accelerator delivers "50% on average better inference and 40% on average better power efficiency than Nvidia H100 β at a fraction of the cost".
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Intel says the accelerator delivers "50% on average better inference and 40% on average better power efficiency than Nvidia H100 β at a fraction of the cost".
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Western Digital announced the launch of the first 4 TB digital memory card for phonesπ
The company said that the card will be available starting next year, and will support a data transfer speed of up to 104 MB per second.
The card will meet the latest flash memory standard set by the SD Association, which is the SDUC (Secure Digital Ultra Capacity) standard.
The SDUC standard, which was issued in 2018, increased the maximum possible storage space on SD cards from 2 TB to 128 TB.
πΈ Crypto_Insights
The company said that the card will be available starting next year, and will support a data transfer speed of up to 104 MB per second.
The card will meet the latest flash memory standard set by the SD Association, which is the SDUC (Secure Digital Ultra Capacity) standard.
The SDUC standard, which was issued in 2018, increased the maximum possible storage space on SD cards from 2 TB to 128 TB.
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Just two days and 130 blocks after Bitcoinβs halving, miners have already earned 1,675 BTC, valued at $109 million. Impressively, 75% of this, equivalent to 1,262 BTC worth $82 million, came from transaction fees.
This amount significantly surpasses the 1,349 BTC collected in fees from April 1 to April 19, illustrating a sharp increase in miner revenue from transaction fees in a remarkably short period.
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This amount significantly surpasses the 1,349 BTC collected in fees from April 1 to April 19, illustrating a sharp increase in miner revenue from transaction fees in a remarkably short period.
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π Liquidity is returning to the market!
Money supply M2 is slowly climbing out of the abyss it fell into in 2023 into positive territory
M2 is a monetary aggregate that includes cash in circulation and non-cash money. Simply put, the amount of money in the economy (how much available money businesses and consumers have and, therefore, how much they can spend)
πΈ Crypto_Insights
Money supply M2 is slowly climbing out of the abyss it fell into in 2023 into positive territory
M2 is a monetary aggregate that includes cash in circulation and non-cash money. Simply put, the amount of money in the economy (how much available money businesses and consumers have and, therefore, how much they can spend)
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βCryptocurrencies are becoming increasingly mainstream, accelerating trade with confidence and transparency
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He also said that he would support the right of self-custody for 50 million cryptocurrency holders in the country.β
In addition, if elected, he will reduce the penalty for the creator of the Silk Road website.
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⬀ Nvidia's market cap is now $2.7 trillion, compared to Apple's $2.95 trillion and Microsoft's $3.09 trillion.
⬀ Nvidia is benefiting from the global AI craze, as it is currently the world's largest AI chip manufacturer.
#nvidia
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π Apple's #AAPL $215 Billion market cap increase today was the 3rd largest single day market cap increase in stock market history
π₯ Nvidia #NVDA Feb 2024: +$277B
π₯ Nvidia #NVDA May 2024: +$218B
π₯ Apple #AAPL Jun 2024: +$215B
πΈ Crypto_Insights
π₯ Nvidia #NVDA Feb 2024: +$277B
π₯ Nvidia #NVDA May 2024: +$218B
π₯ Apple #AAPL Jun 2024: +$215B
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π₯ One of the world's richest people likes Bitcoin?
DELL founder Michael Dell, who has a fortune of $112 billion and ranks 16th on Forbes' list of the world's richest people, has started actively tweeting (X) about bitcoin.
For example, Dell posted a photo of Cookie Monster eating bitcoin cookies and, reposted a tweet by bitcoin miner Michael Saylor:
πΈ Crypto_Insights
DELL founder Michael Dell, who has a fortune of $112 billion and ranks 16th on Forbes' list of the world's richest people, has started actively tweeting (X) about bitcoin.
For example, Dell posted a photo of Cookie Monster eating bitcoin cookies and, reposted a tweet by bitcoin miner Michael Saylor:
Bitcoin is a digital scarcity
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