Author: admin

The S & P 500 went from 5,670 at the closing high on April 2 to a low of 4,982 at the closing low on April 8, a drop of about 12%. Stocks have since regained a large chunk of that loss. Very large parts of the market have staged a nice bounce back, and some are not far from where they were just prior to when retaliatory tariffs were announced early this month. What’s the takeaway for investors? This is a stellar example of why it is a very bad idea to try to trade during market chaos. Investors are better off…

Ever wonder how much electricity you’re using when you prompt, or thank, an AI model? Hugging Face engineer Julien Delavande did, so he built a tool to help arrive at the answer. AI models consume energy each time they’re run. They’re run on GPUs and specialized chips that need a lot of power to carry out the associated computational workloads at scale. It’s not easy to pin down model power consumption, but it’s widely expected that growing usage of AI technologies will drive electricity needs to new heights in the next couple of years. The demand for more power to…

Analysts are criticizing the financial implications of US President Donald Trump’s import tariffs, a development that some say highlights Bitcoin’s unique economic properties during times of global uncertainty.Trump’s 90-day pause on higher reciprocal tariffs, reverting them to a 10% baseline for most countries except China, has exposed vulnerabilities in the US bond market, according to critics.Economist and author of The Bitcoin Standard, Saifedean Ammous, said Trump’s decision to reverse the higher tariffs was likely a reaction to rising bond yields, suggesting the administration’s hand was forced.“Trump fought the bond market and the bond market won,” Ammous said in an April…

Rome CNN  —  An old saying about papal elections goes as follows: “He who enters the conclave as pope, leaves it as a cardinal.” In other words, any candidate seen as the frontrunner before the voting begins should be treated with caution, and no cardinal should go into the Sistine Chapel assuming they will get the votes. At the 2013 conclave, one of the favorites was Cardinal Angelo Scola of Milan. The Italian bishops were so confident that he would be chosen that after the white smoke emerged from the Vatican chimney, a senior Italian church official sent a message…

South Korean exchanges Upbit and Bithumb have suspended deposits for Synthetix (SNX) tokens after it was flagged by the Digital Asset Exchange Alliance (DAXA) for potential risks.DAXA, the self-regulatory organization establishing industry standards for South Korean exchanges, designated SNX as a cautionary item. Assets receiving this designation typically undergo rigorous evaluations to determine whether trading can continue or if delisting is necessary.Exchanges may take action, such as adding a warning tag to the asset and urging investors to take caution when engaging with it. Trading platforms can also perform additional measures, like blocking deposits or suspending trading support temporarily. Upbit and Bithumb…

Key points:Bitcoin exchange 100-day average netflows are at their most negative since the start of the current bull market in 2023.Exchange balances continue to plumb new multiyear lows.Whales are particularly active buyers this month, while retail shows classic “panic selling.”Bitcoin (BTC) exchanges are evoking the end of the 2022 crypto bear market as user inflows dry up this year.Data from onchain analytics platform CryptoQuant reveals exchanges’ average net flows hitting two-year records.Bitcoin analysis eyes “reaccumulation of assets”Bitcoin may be trading significantly higher than at the start of 2023, but demand for BTC among exchange users is reminiscent of the start…

FNT Crypto is a crypto-as-a-service platform that helps fintechs and Web3 startups launch modular, white-label crypto apps with wallets, exchanges, compliance tools and branded interfaces.Cryptocurrencies are traded around the clock, stored in millions of wallets, and discussed in policy circles. Yet, using crypto in everyday life remains surprisingly challenging.Much of this disconnect stems from infrastructure. The tools that support crypto adoption — such as wallets, exchanges, cards and compliance systems — are often too technical for the average user or too fragmented for businesses. Moreover, many traditional banks lack the means to verify crypto transactions or protect customers from illicit…

Shaquille O’Neal has settled with investors who claim losses from the collapse of cryptocurrency exchange FTX, according to an April 23 filing in the US District Court for the Southern District of Florida.The settlement amount remains confidential, with terms expected to be disclosed after investors formally request preliminary court approval, according to court documents.O’Neal and other celebrities and athletes were accused of promoting FTX and allegedly contributing to investor losses by endorsing the now-bankrupt exchange.Source: Court ListenerThe case is part of a broader multidistrict litigation effort, where investors are seeking up to $21 billion in damages from FTX insiders, advisers…

Awin and its clients enjoyed a night of success yesterday evening at the Global Performance Marketing Awards in London. The team beat off some fierce competition at the annual ceremony and took home a record haul of 5 awards across a variety of categories, markets and sectors.    The full list of award wins on the night was as follows:  Best Use of Social Commerce – Nike   Best Affiliate & Partnership Strategy (LATAM) – Stanley   Best Performance PR Campaign – Tomahawk Shades + Today’s Business  Best Affiliate & Partnership Strategy (Europe) – SharkNinja + Perfmaker   And our very own Lee Metters…

For years, websites included information about what kind of crawlers were not allowed on their site with a robots.txt file. Adobe, which wants to create a similar standard for images, has added a tool to content credentials with an intention to give them a bit more control over what is used to train AI models. Convincing AI companies to actually adhere to Adobe’s standard may be the primary challenge, especially considering AI crawlers are already known to ignore requests in the robots.txt file. Content credentials are information in a media file’s metadata used to identify authenticity and ownership. It’s a…