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Bitcoin is On the Cusp of an Explosive Movement as Exchanges Face Mass Exodus

Bitcoin’s prolonged bout of sideways trading seen throughout the past couple of days may soon be coming to an end, as analysts are now noting that several technical factors point to the possibility that an explosive movement is imminent. This also comes alongside a mass exodus of Bitcoin from exchanges, according to new data, which

Bitcoin Hashrate Down 45% – Miners Witness Second-Largest Difficulty Drop in History

Bitcoin’s hashrate has plummeted 45% since the record-breaking levels it saw on Feb. 29. The hashrate touched an all-time high of 136 exahash per second (EH/s) but has since dropped to 75 EH/s. Moreover, the crypto network has seen the second-largest difficulty drop since October 2011.

Miners Are Selling More Bitcoin Than They Are Mining

While bitcoin (BTC) looks set to prolong its recent bullish moves, those responsible for making new bitcoin have increased their selling. The world’s largest cryptocurrency by market value rose from $3,867 to $7,000 in the 13 days to March 25, according to CoinDesk’s Bitcoin Price Index. Yet, throughout the 81 percent recovery rally, miners sold

World is Currently Losing the War Against Coronavirus, Says UN Secretary-General

UN Secretary-General Antonio Guterres told the Group of 20 (G20) leaders on Thursday, “We are at war with a virus—and not winning. This war needs a wartime plan to fight it.” Meanwhile, UN entities around the world are unrelenting in providing aid to fight COVID-19. “Solidarity is essential among the G20 and with the developing

Security guards don AI-powered glasses to catch tourists with fevers

Security guards have started to don AI-powered sunglasses with infrared cameras to check pedastrians’ temperatures in China. With the new gadgets, patrol officers at a popular park in Hangzhou can scan nearly 100 tourists’ temperatures within two minutes.

AI and big data won’t work miracles in the fight against coronaviru

To someone with a hammer, every problem looks like a nail — and as expected, the tech sector is hard at work hammering every nail it can find. But the analytical prowess of the modern data ecosystem is especially limited when attempting to tackle the problem of potential coronavirus treatments.

Deep learning to power AI growth in APAC

Spending on artificial intelligence in Asia Pacific is set to soar over the next five years as the demand for deep learning ramps up. By 2024, the APAC region is estimated to account for about 30 per cent of the global AI platform revenue at approximately U.S.$97.5 billion, according to research firm GlobalData.

Anonymous Bitcoin SV Miners Capture 55% of the Network Hashrate

The Bitcoin SV network has been a topic of conversation recently as stealth miners currently command more than 55% of the chain’s overall hashrate during the last seven days. Last year analysts noticed a large amount of the hashrate on all three SHA256 networks (BTC, BCH, and BSV) was being processed by mystery miners.

U.S. Senate Is Now Floating the Idea of a “Digital Dollar” – Black Enterprise

House Democrats scrubbed any mention of a digital dollar from the coronavirus relief bill Tuesday morning. Now, just a few hours later, the U.S. …

CME Group Launches New Gold Futures Contract Amid Liquidity Squeeze

As brokers and liquidity providers struggle with a liquidity squeeze on gold, CME Group announced on Tuesday that it will launch a new gold futures contract to give traders increased flexibility.

Popular European banking app Revolut is launching in the US today

Mobile banking app Revolut, which has more than 10 million customers in Europe, is launching today in the US, the company announced.

Can AI predict global pandemics like the coronavirus?

AI is supposed to be the most powerful pattern detection and prediction technology in the world. It, therefore, begs the question: Can we use AI to predict future global pandemicsfar enough in advance to tamp them down or prevent them altogether?

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