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Floki Inu and Dogecoin flying, anticipation high for this AI altcoin presale – crypto.news

March 10, 2024 | Author: admin

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Meme coins are trending higher. Floki Inu (FLOKI) is topping charts, driven by news of the $10 million boost. Analysts and investors now say FLOKI may follow in the path of Dogecoin (DOGE).

On the other hand, the InQubeta (QUBE) presale continues to gain traction. The project plans to merge the potent crypto and AI industries.

InQubeta is trending ahead of its launch.

The project offers a crowdfunding model that supports the growth of AI tech startups.

Opportunities presented by vetted AI startups are minted as NFTs.

In the ongoing presale, QUBE is available for $0.0245 in stage eight, raising $10.7 million. Of the 975 million tokens set aside for the public presale, 848 million have already been sold.

Only about 10% is left to complete this stage, after which the tokens would be sold at $0.028, a 300% increase from the initial price of $0.007.

QUBE will launch at a proposed price of $0.0308.

Token holders enjoy governance rights. As such, they can participate in decision-making.

Additionally, a token burn feature will gradually reduce token supply.

Moreover, stakers receiving rewards from a dedicated pool funded by a buy-and-sell tax. Notably, the same NFTs can be traded in the internal NFT marketplace.

DFW Labs has renewed its commitment to improving Floki Inu ecosystem, pledging $10 million. This amount is double the $5 million investment Floki received in May 2023.

According to the company, the investment will be moved from the FLOKI Treasury, spanning two years.

This strategic move is set to boost the dominance of the Floki Inu project.

Following this news, FLOKI is up 40%, outperforming DOGE and Shiba Inu (SHIB).

Following a sluggish performance over the past months, Dogecoin has finally picked up, crossing the $0.12 mark.

DOGE, which fell off its position in the top ten cryptocurrencies by market capitalization, has reclaimed its place, trading at its highest level since November 2023.

Additionally, on DOGE perpetual exchanges, the coins open interest stands at over $1 billion.

The coin is up by over 30%, surpassing a market cap of $18 million.

FLOKI and Dogecoin are trending higher, riding the current Bitcoin and crypto uptrend. Amid this, InQubeta is also in focus, adding 340% in the ongoing presale.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

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Altcoin season is still getting traction: Bitfinex report – Crypto Briefing

March 10, 2024 | Author: admin

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The value of all crypto assets excluding Bitcoin (BTC) and Ethereum (ETH) has experienced a significant 50% increase since Jan. 22, signaling a robust altcoin season, the Bitfinex Alpha 94 report shows. The indexs market capitalization now stands at approximately $640 billion, a substantial rise from its bear market peak of around $450 billion. Despite concerns about an overheated market, the altcoin sector has not yet surpassed the highs of April 2022.

BTC has approached its all-time high, falling short by only 2.2% at the time of writing, while the altcoin market remains over 75% below its record level of $1.3 trillion. The altcoin market is characterized by its rotational nature, with capital flowing between different sectors. Currently, meme coins, particularly dog coins, and AI-related projects are witnessing increased accumulation and futures speculation.

On exchanges like Binance and Bybit, over one-third of last weeks futures volume was attributed to dog coins, including DOGE, WIF, PEPE, and BONK. The latter two, which are not widely available for spot trading on centralized exchanges, have seen the most trading activity. The term Memecoin March Madness has been coined to describe the frenzy around these assets. The CoinGecko Meme Index itself has soared by 131% in the past week, now accounting for more than 7% of the total crypto market cap, excluding BTC and Ether.

Stablecoin supply, an indicator of the crypto markets demand, has been on a steady incline since the years start. This growth in stablecoin supply is a reflection of the increasing demand for altcoins and other crypto assets. While sectors like decentralized finance (DeFi) and gaming have seen a dip in volume, dog coins and meme coins continue to climb, along with the futures open interest for cryptos that are not listed on major exchanges.

Despite the potential for a leverage flush in these sectors, the momentum is expected to persist. DOGE, for instance, has seen a gain of 107% over the last 30 days, only recently surpassing its bear market high. This is modest compared to the 195% gain for SHIB, 225% for BONK, and a staggering 548% for WIF.

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Pixels (PIXEL) Surges by 48% Today: What’s the reason? – CryptoTicker.io – Bitcoin Price, Ethereum Price & Crypto News

March 10, 2024 | Author: admin

In this article, we delve into the crypto markets latest sensation Pixels (PIXEL), which has witnessed a remarkable surge of 48% today. As the altcoin market shows double-digit gains, investors are beginning to see the light at the end of the tunnel following a lengthy bear season. The spotlight, in particular, shines on gaming-focused cryptocurrencies like Pixels. But whats driving this significant uptick? Lets explore.

Today, the crypto landscape was painted green as numerous altcoins posted impressive gains, providing a respite for investors who have weathered a tough season. Among these, the gaming-focused cryptocurrency Pixels (PIXEL) stood out, marking a 48% increase. At the time of writing, PIXEL trades at $0.8918, sparking conversations and speculations around its potential to hit the $1 mark within the week.

Several factors contribute to the recent success of Pixels. Firstly, the overall crypto market is buzzing with excitement as Bitcoin shattered expectations by hitting a new all-time high of $70,000. This breakthrough has shifted the market dynamics, with investors looking beyond Bitcoin to altcoins, seeking value and potential high returns.

Secondly, the shift in focus from Bitcoin to altcoins, particularly after Bitcoins surge plateaued, has spotlighted lesser-known cryptocurrencies like PIXEL, which has only been listed on Binance for 20 days. This newfound attention has skyrocketed its trading volume to $468 million in the last 24 hours.

The cryptocurrency market is known for its volatility and rapid shifts in investor interest. Today, the spotlight turns to gaming-focused cryptocurrencies, a sector within the crypto space that has seen growing enthusiasm. PIXEL, a newcomer to the scene, has quickly gained traction, amassing a significant community and social media following. This surge in interest and investment has propelled its price upwards, marking an exciting phase for the altcoin.

As the crypto market continues to evolve, the rise of gaming-focused cryptocurrencies like Pixels (PIXEL) highlights the diverse opportunities within the space. With Bitcoin setting new records and the markets appetite for new and promising altcoins growing, the landscape is ripe for dramatic shifts. While PIXELs current trajectory is impressive, the coming days will be crucial in determining whether it can sustain this growth and achieve new heights.

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Pixels (PIXEL) Surges by 48% Today: What's the reason? - CryptoTicker.io - Bitcoin Price, Ethereum Price & Crypto News

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Bitcoin consolidates, altcoins and stocks climb higher after Powell hints at rate cuts – KITCO

March 10, 2024 | Author: admin

Financial markets trended higher on Thursday after Federal Reserve Chair Jerome Powell hinted that while the central bank is in no hurry to ease the current monetary policy, interest rate cuts are likely to come sometime this year as long as inflation continues to move towards their 2% target.

If the economy evolves over that path, then we do think that the process of carefully removing the restrictive stance of policy can and will begin over the course of this year, Powell said while testifying before the Senate Banking Committee.

That was all the signal traders needed as stocks climbed higher, resulting in a new record high for the S&P 500 while the Nasdaq sits just below its record high. At the closing bell, the S&P, Dow, and Nasdaq all finished in the green, up 1.03%, 0.34%, and 1.51%, respectively.

Data provided by TradingView shows that Bitcoin (BTC) steadily climbed from support at $66,000 in the early hours to a high of $68,090 in the afternoon. At the time of writing, the top crypto trades at $67,390, a gain of 1.4% on the 24-hour chart.

BTC/USD Chart by TradingView

And it's not just spot BTC ETF flows that are helping BTC maintain its elevated price level despite a history of volatility following a new all-time high. As noted by Bitwise Invest quantitative research analyst Mallika Kolar in a post on X, retail buyers are also buying spot BTC on the open market en masse.

Price predictions after the halving

With the next Bitcoin halving predicted to occur sometime around April 19, analysts have begun to look at the top cryptos performance following previous halvings to try and gauge where it could head in the months and years ahead.

According to a study by crypto tax experts at CoinLedger that analyzed the average price increase following the 2016 and 2020 halvings, BTC could climb above $84,000 within three months post-halving and could surge as high as $360,000 over the next year.

In the three months after the 2016 and 2020 halvings, The average increase across these two events is 21.95%, which would mean that in 2024, three months after Bitcoin halves, the price could rise to $84,145 if it were to follow historical patterns (based on a price of $69,000 at the time of halving), the report said.

On the six-month timeframe, the analysts said past halvings saw an average increase of 67.73%.

If a similar pattern were to follow, then Bitcoin could rise to a high of $115,733, they said. Although this seems like a high estimation Bitcoin has shocked people before in past bull runs.

And one year after the last two halvings, Bitcoin posted an average increase of 423%.

This would give Bitcoin a price of $361,152, they determined, before warning that It is extremely unlikely that Bitcoin will reach this figure within 12 months, however, many analysts have figures of $150,000 to $250,000 in 2025.

Bitcoin has performed well recently very early on into this cycle, a spokesperson for CoinLedger said. This has got many people excited about how high Bitcoin could rise in the coming year and the halving only adds to this, as history has proven that halving events can positively impact the price.

Time will tell which Bitcoin price predictions for the 2024 halving come true, if any, they added. As always, we recommend doing your own research, staying on top of the latest industry happenings, and never investing more money than you can afford to lose!

According to renowned crypto analyst Willy Woo, some of the higher price targets are not as outlandish as they may first appear, because technically, we are still in the warm-up phase and the real bull market has yet to begin.

Altseason rally continues

The altcoin market continued to benefit from traders rotating their Bitcoin profits into low-cap projects as a large majority of tokens in the top 200 traded in the green once again on Thursday.

Daily cryptocurrency market performance. Source: Coin360

DeXe (DEXE) led the field with a gain of 35.6%, followed by an increase of 33.3% for AIOZ Network (AIOZ) and a gain of 31.7% for Jupiter (JPT). Recently high-flying meme coins were the biggest losers, with Bonk (BONK), Shiba Inu (SHIB), and Pepe (PEPE) recording losses of 11.6%, 8%, and 7.5%, respectively.

The overall cryptocurrency market cap now stands at $2.55 trillion, and Bitcoins dominance rate is 51.8%.

Disclaimer:The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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Industry clouds give CIOs on-ramp to gen AI – CIO

March 10, 2024 | Author: admin

While seemingly providing commoditized feature sets, industry clouds have been proving their business value in part by laying the foundation for innovation at companies across a range of industries. Going vertical with cloud solutions gives many companies advantages they would not have had otherwise, analysts say, including a quicker route to the cloud and purpose-built features that cater to their specific needs.

For RBC, theyre utilizing key capabilities like client interaction, information and data management, and Slack alongside as acommunication platform that facilitates collaboration and information sharing within RBC Wealth and externallywith clients, says David Mario Smith, founder and principal analyst of Inflow Analysis.

And, with access to features such as Einstein, CIOs choosing industry clouds may be able to accelerate innovation further.

Salesforce, which launched its first industry offering Financial Services Cloud in 2016, boasts 14 industry clouds developed in close partnership with industry experts and leading customers to provide industry-specific functionality, data models, and applications, says Jeff Amann, EVP and GM of Salesforce Industries, who co-founded industry cloud pioneer Vlocity, which Salesforce acquired in 2020.

The company, which generates roughly $5 billion in revenue from its industry cloud offerings, claims that 45% of its industry cloud customers are new to Salesforce, and it competes against the likes of Oracle, SAP, and ServiceNow across a growing range of verticals, along with hyperscalers AWS, Microsoft, and Google.

IDC analyst Nadia Ballard says enterprise software vendors such as Salesforce were the leading vertical cloud providers in 2022 but lost some share in 2023 to large cloud service providers, which have boosted their industry-specific offerings and financial incentives to existing cloud customers. SaaS vendors ended up in second place, with 41% of respondents to IDCs Industry Cloud Path 2023 survey saying they use an industry cloud from an enterprise software vendor, Ballard says.

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1 Little-Known Cloud Computing Stock to Buy Hand Over Fist Before It Soars 43% – sharewise

March 10, 2024 | Author: admin

DigitalOcean Holdings (NYSE: DOCN) may not be a popular name in the cloud computing space when compared to the likes of and Amazon, and that's not surprising as it is currently in its early phases of growth.

Founded in 2012, DigitalOcean isn't a cloud service provider in the mold of its more illustrious peers. The company is known for providing an on-demand cloud computing platform that's used by small businesses, developers, and start-ups, and it has been struggling in the past year because of weak cloud spending. This explains why DigitalOcean stock has gained just 15% in the past year, which is well below the Nasdaq Composite index's 42% gains.

However, a closer look at the company's prospects and its attractive valuation suggests that it could indeed step on the gas in the future. Let's see why that may be the case.

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Source Fool.com

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Webinar: Discover The Anatomy of Cloud Computing in 2024 – Simplilearn

March 10, 2024 | Author: admin

Unlock the Power of Cloud Computing: A Gateway to Future-Proof Your Career.

Dive into the world of cloud computing on Thursday, March 20, 2024, with an exclusive webinar designed to set your career on a trajectory toward success in the digital age. Hosted by Purshottam J Assudani, this webinar is your golden ticket to understanding the nuances of cloud computing and how it can be the cornerstone of your career advancement.

Under the expert guidance of Purshottam J Assudani, a luminary in cloud computing and digital transformation with decades of experience, this webinar will unfold the vast expanse of cloud technologies. Our host, with his extensive background in leading cloud initiatives, will share insights that bridge theoretical knowledge with practical application.

Who Should Attend?

This webinar is meticulously crafted for a broad audience, ranging from IT professionals to business leaders who aspire to leverage cloud computing for organizational growth and personal career advancement. It is particularly beneficial for:

Why You Can't-Miss This Webinar

Embarking on this learning journey with us will empower you with:

What You Will Learn :

This engaging and interactive webinar will cover foundational to advanced topics in cloud computing, ensuring you walk away with a comprehensive understanding of:

Bonus: Caltech PGP Cloud Computing Preview

This webinar segment will provide a deep dive into the features and benefits of the Post Graduate Program in Cloud Computing in collaboration with Caltech CTME.

Highlights include:

Join us to navigate the cloud computing landscape with confidence and clarity. This webinar is your stepping stone to becoming integral to the cloud computing revolution. Secure your spot today and take the first step towards a future-proof career in cloud computing.

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Event Recap – AWS Blog

March 10, 2024 | Author: admin

Mobile World Congress (MWC) 2024 welcomed over 100,000 attendees, 2,700+ exhibitors, sponsors and partners, and 1,100 speakers and thought leaders, to explore industry topics including AI, monetization opportunities, and the transformative power of the cloud for telcos.

This event is about providing a glimpse into the future and demonstrating how AI, 5G and APIs are unlocking new possibilities, thanks to collaborative initiatives like GSMA Open Gateway, said Mats Granryd, director general at GSMA.

AWS shared a number of customer and partner announcements across generative AI, network APIs, 5G, and network transformation. Attendees also saw firsthand how AWS innovations can transform telcos, digitize industries, and reimagine consumer experiences through the 20+ demos at the AWS next level. Watch the AWS next level recap video.

Here are a few highlights from AWS at MWC 2024.

Telcos are looking to artificial intelligence (AI), machine learning (ML), and generative AI to streamline costs and efficiencies, enable better customer engagement, and drive innovative new offerings. With enterprise-grade security and privacy, a choice of leading foundation models, a data-first approach, and the most performant, low-cost infrastructure, telcos trust AWS to deliver everything they need to accelerate generative AI powered innovation.

At MWC 2024, there were more 40 sessions that focused on AI, with many noting that generative AI is on the verge of transforming the way we live, work, and interact. BT Group announced that it deployed Amazon Qs coding companion (Amazon CodeWhisperer) to provide generative AI coding assistance to its software engineers. The solution is already providing 15-20 suggestions of code per active user per day for BT Group, with an acceptance rate of 37% by its software engineers who are using the platform. This is a great example of the value, efficiency, and support generative AI can offer.

Tele2 announced it is using AWS to launch an Internet of Things (IoT) customer support solution, powered by Amazon Bedrock. The solution is designed using AWS services and will help Tele2 IoT customer support agents to provide faster and more detailed conversational responses to IoT customer inquiries across multiple channels.

Central to the shift of telecom operators into future-ready organizations is the embrace of Application Programming Interfaces (APIs). McKinsey estimated the network API market could unlock around $100-300 billion in revenue for operators over the next 5-7 years, stemming from connectivity and edge computing, while generating an additional $10-30 billion from APIs themselves. The GSMA Open Gateway initiative was announced at MWC 2023 with the support of 21 mobile network operators and cloud providers, including AWS. Since then, Open Gateway has expanded to 47 operators, attracting developers to build innovative use cases and applications, using APIs that expose unique characteristics of the networks.

In the run up to MWC 2024, AWS announced it is working alongside global telcos including Verizon, Telefnica, T-Mobile, Orange, and Liberty Global, to offer telco network APIs to AWS developers. These developers already use thousands of AWS APIs from over 240 AWS services, and they can access telco network APIs to reach more developers and customers through AWS Marketplace. We have AWS applications in financial services, gaming, and immersive experiences being built using telco APIs, and will be adding more operators globally, as we get adoption.

5G Future Forum (5GFF) members, including Telstra, Verizon, Vodafone, Rogers, America Movil, KT, and Bell Canada, in collaboration with AWS, released a whitepaper defining the role of bi-directional APIs between telco and cloud providers in advancing multi-edge computing (MEC) infrastructure integration and applications.

Vonage announced a collaboration with AWS to accelerate the availability of new solutions, with an anti-fraud solution as the first one. AWS generative AI services will enhance the solutions fraud detection capabilities, enabling businesses to better protect themselves from mobile fraud while improving the customer experience.

Telcos across the world are leveraging cloud to transform their networks so they can take advantage of the clouds economics, scale, and agility. This allows them to focus on whats most important transforming telcos core networks, monetizing their investments, digitizing industries, reimagining the consumer experience, and increasing resilience and security.

NTT DOCOMO, Japans leading mobile operator with more than 89 million subscribers, selected AWS to commercially deploy its nationwide 5G Open Radio Access Network (RAN) in Japan. DOCOMO will use AWS to deploy Amazon Elastic Kubernetes Service Anywhere, a container management software, at its 5G Open RAN to simplify network operations with automated cluster management tools. AWS is supporting NTT DOCOMO in developing its 5G Core on AWS that is running in a hybrid cloud environment.

TELUS announced a new collaboration with Samsung Electronics and AWS that will see Telus become the first telecommunications provider in North America to evolve the architecture of roaming, enabling greater reliability and faster speeds for customers traveling abroad. Meanwhile, in Europe, Swiss telecom operator Sunrise Business announced it is working with AWS to accelerate the cloudification of Swiss small to medium-sized enterprises.

In Latin America, Beyond ONE/Virgin Mobile announced it is working with AWS to drive growth and innovation in the regions telecommunications sector. Virgin Mobile will use a combination of AWS Regions and AWS hybrid cloud offeringsincluding AWS Outposts and AWS Local Zonesto modernize the Beyond One stack and mark a significant step forward in cloud adoption and digital transformation in the region.

Read more about our other announcements below.

AWS promotes diversity in technology and supports organizations empowering women to pursue tech careers. According to GSMA, MWC 2024 attracted 26% of female attendees, and of the 1,100 speakers, 40% of them were female. This year, AWS hosted a panel discussion on opportunities and challenges women in the telecom industry face and reinforced our commitment to diversity across the telecom ecosystem during our AWS executive reception.

At MWC 2024, AWS showcased 20+ demos across three main themes:

1/ Transforming Telcos These demos focused on the network cloudification journey of CSPs (across RAN, Core, IMS and OSS/BSS) through unified automation, orchestration and generative AI toolchain, resulting in new growth opportunities, reduced OPEX, increased sustainability, and enhanced resiliency. Watch the recap:

2/ Digitizing industries Innovative industry use cases in this demo area showcased how AWS is supporting leading telcos to help digitize industries like healthcare, manufacturing, travel and hospitality, and financial services. This is done through reinventing connectivity and introducing new business models (via private network solutions, network APIs, public MEC, etc.). Watch the recap:

3/ Reimagining consumer experience The demos in this area showcased some of the innovative solutions AWS is developing with telcos and leading ISVs to engage consumers in a more exciting, personalized, and smart way.

Did you attend MWC 2024? Leave your top telco takeaways and predictions for 2024 in the comments section of this post. Follow AWS for Telecom to see highlights from the event this year and to stay up to date with our latest news.

See you at Mobile World Congress 2025!

General

Generative AI

Network Transformation

Network Monetization

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AWS to invest $5.3 to build data centers in Saudi Arabia to bolster tech in the region – CIO

March 10, 2024 | Author: admin

Amazon Web Services (AWS) is the latest high-tech giant to announce a major stake in Saudi Arabias burgeoning technology industry, unveiling a plan this week to invest more than $5.3 billion in the Middle East kingdom to build data centers and a significant cloud presence in the region.

Specifically, AWS will launch what its calling an AWS infrastructure Region in Saudi Arabia in 2026 to give technology developers, existing businesses, and startups and entrepreneurs a comprehensive, in-country data-center infrastructure for running their cloud-based technology solutions, according to a release by Amazons cloud unit.

The new AWS Region will enable organizations to unlock the full potential of the cloud and build with AWS technologies like compute, storage, databases, analytics, and artificial intelligence, transforming the way businesses and institutions serve their customers, said Prasad Kalyanaraman, vice president of infrastructure services at AWS, in a press statement.

AWS will join competitors Huawei, Microsoft, and Oracle in launching significantly funded plans to build cloud infrastructure in Saudi Arabia, bolstering the countrys plans to become a technology hub for the Middle East. Indeed, the kingdom is positioning itself as a global leader in digital technologies ahead of its hosting of the World Expo 2030 in Riyadh.

Amazons investment in the kingdom aims to fortify this strategy with the highest levels of security and resilience available on AWS cloud infrastructure, helping serve fast-growing demand for cloud services across the Middle East, Kalyanaraman said.

The move likely was spurred not only by an interest in ensuring it stays on pace with competitors in a fast-growing global market, but also by pressure on foreign firms applied last year by Saudi Arabia to move operations to the country or risk losing government contracts. Amazon alongside its US-based cloud competitors Google and Microsoft acted quickly to set up regional headquarters in Saudi Arabia.

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Amazon EC2 R7i instances are now available in additional AWS region – AWS Blog

March 10, 2024 | Author: admin

Starting today, Amazon Elastic Compute Cloud (Amazon EC2) R7i instances are available in Europe(Paris).

Amazon EC2 R7i instances are powered by custom 4th Generation Intel Xeon Scalable processors (code-named Sapphire Rapids), available only on AWS, offer up to 15% better performance over comparable x86-based Intel processors utilized by other cloud providers.

They deliver up to 15% better price-performance versus R6i instances. These instances are SAP certified and are a great choice for memory-intensive workloads, such as SAP, SQL and NoSQL databases, distributed web scale in-memory caches, in-memory databases like SAP HANA, and real time big data analytics like Hadoop and Spark. They offer larger instance sizes, up to 48xlarge, and two bare metal sizes (metal-24xl, metal-48xl) for high-transaction and latency-sensitive workloads. These bare-metal sizes support built-in Intel accelerators: Data Streaming Accelerator, In-Memory Analytics Accelerator, and QuickAssist Technology, allowing customers to facilitate efficient offload and acceleration of data operations and optimize performance for workloads.

R7i instances support the new Intel Advanced Matrix Extensions (AMX) that accelerate matrix multiplication operations for applications such as CPU-based ML. In addition, customers can now attach up to 128 EBS volumes to an R7i instance (vs 28 EBS volume attachments on R6i). This allows processing of larger amounts of data, scale workloads, and improve performance over R6i instances.

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