Solana, Cardano, Ripple Follow Bitcoin’s Drop: Experts Explain Why Crypto Is Down Today

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Benzinga

The cryptocurrency market is experiencing a correction on Wednesday, coinciding with the release of the Federal Open Market Committee (FOMC) meeting minutes. What Happened: Recent data from CoinMarketCap shows a 1.28% decrease in the total crypto market capitalization over the last day. CoinGlass data shows total liquidations of $272.56 million over the past 24 hours, with 97,717 traders getting liquidated: Among altcoins, Cardano (CRYPTO: ADA), Solana (CRYPTO: SOL) and XRP (CRYPTO: XRP) are each down approximately 4%. Chainlink (CRYPTO: LINK) is down 2%. According to the latest CoinShares rep… Read More “Solana, Cardano, Ripple Follow Bitcoin’s Drop: Experts Explain Why Crypto Is Down Today”

ChatGPT cranks out gibberish for hours

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AFP

San Francisco (AFP) – ChatGPT spewed nonsensical answers to user’s queries for hours Tuesday into Wednesday before eventually returning to its apparent senses. OpenAI did not explain what went awry with its generative artificial intelligence (AI) tool, considered the one to beat in the technology sector. “We are investigating reports of unexpected responses from ChatGPT,” OpenAI said on its status connection when the software seemed to go wacky on Tuesday afternoon. ChatGPT was giving “peculiar” responses, generating nonexistent words, incomplete sentences and general gobbledygook, developers usi… Read More “ChatGPT cranks out gibberish for hours”

Natural Gas Price Rallies After Chesapeake Energy Lowers Output

Published by
Benzinga

The price of U.S. natural gas rose more than 11% on Wednesday, taking its gains this week to nearly 13% after producer Chesapeake Energy Corp (NASDAQ:CHK) said it was lowering its output. Natural gas futures have fallen 48% from their most recent peak in early January, hitting a three-and-a-half year low of $1.576 on Tuesday, before embarking on a 13% rally. Chesapeake Energy said on Tuesday that it would lower its gas production in 2024 as gas prices slumped. It said it would “defer placing wells on production while reducing rig and completion activity” due to market dynamics. It also lowered… Read More “Natural Gas Price Rallies After Chesapeake Energy Lowers Output”

Bitcoin To $1M? ‘Fiat Currency Is Not Going To Work,’ Predicts This Former Pentagon Advisor

Published by
Benzinga

Retired U.S. Army Colonel Douglas Macgregor advocates for Bitcoin (CRYPTO: BTC) as a sanctuary from a predicted impending collapse of the financial system. Will Putin Adopt Bitcoin?In a conversation with Natalie Brunell, the former Senior Advisor to the Acting Secretary of Defense under the Trump administration responded to remarks by Russian President Vladimir Putin about the U.S. dollar’s decline: “I’m waiting for him to announce that he’s going to start using Bitcoin as currency,” Macgregor revealed. MacGregor On Bitcoin’s Investment PotentialMacgregor expressed his bullish stance on Bitcoi… Read More “Bitcoin To $1M? ‘Fiat Currency Is Not Going To Work,’ Predicts This Former Pentagon Advisor”

Do Kwon To Be Extradited To US As Montenegrin Court Rejects South Korea’s Request

Published by
Benzinga

Terraform Labs co-founder Do Kwon is set to be extradited to the United States after a Montenegrin court’s final decision. What Happened: The Podgorica High Court denied South Korea’s request to extradite Kwon, according to local reports. The court’s decision followed directives from the Appeals Court to determine whether Kwon should be extradited to South Korea or the United States. Initially, the High Court had confirmed the prerequisites for Kwon’s extradition, leaving the final decision to Justice Minister Andrej Milović, who was to prioritize between the requesting states. However, the Ap… Read More “Do Kwon To Be Extradited To US As Montenegrin Court Rejects South Korea’s Request”

Stocks Settle Mixed on Late Short-Covering Ahead of Nvidia’s Earnings

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Barchart

What you need to know… The S&P 500 Index ($SPX) (SPY) on Wednesday closed up +0.13%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.13%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.38%. Stocks on Wednesday settled mixed, with the Nasdaq 100 falling to a 2-week low. Long liquidation in high-flying artificial intelligence (AI) technology stocks weighed on the overall market Wednesday ahead of Nvidia’s earnings results. However, the S&P 500 and Dow Jones Industrials staged a late short-covering rally to close slightly higher. Goldman Sachs said Nvidia is “the most important … Read More “Stocks Settle Mixed on Late Short-Covering Ahead of Nvidia’s Earnings”

Nvidia rises as sales soar 265% and AI hits ‘tipping point’

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City AM

By Jess Jones Nvidia has revealed another stunning set of earnings, reporting record sales of $22.1bn, ahead of analyst estimates, in a sign that the artificial intelligence (AI) boom is far from over. The US based chip designer said its fourth quarter revenue soared 265 per cent from a year ago, when it reported its highly anticipated results after the Nasdaq closed on Wednesday. Most of this was from data centre revenue of $18.4bn, up 409 per cent year on year. “Accelerated computing and generative AI have hit the tipping point. Demand is surging worldwide across companies, industries and na… Read More “Nvidia rises as sales soar 265% and AI hits ‘tipping point’”

Bitcoin Whales Feasting: 25,300 Bitcoin Accumulated On Record-Breaking Single-Day Influx

Published by
Benzinga

While Bitcoin (CRYPTO: BTC) faces resistance near $53,000 and struggles to find sustained momentum, large investors, often referred to as “whales,” are sending a different signal. What Happened: According to Ki Young Ju, CEO of cryptocurrency analytics firm CryptoQuant, Bitcoin accumulation addresses saw a record-breaking net inflow of 25,300 BTC on Feb. 19, the highest single-day influx ever recorded. Accumulation addresses, as defined by CryptoQuant, are characterized by several specific criteria: No outgoing transactions,A balance of over 10 BTCExclude both exchange and miner addressesRecei… Read More “Bitcoin Whales Feasting: 25,300 Bitcoin Accumulated On Record-Breaking Single-Day Influx”

Woman to become first ever person to marry ‘AI generated hologram’

Published by
The Focus

The forward-thinking European has invited audiences from around the World to attend the supposed human-to-AI wedding. As the technology continues to develop, artificial intelligence is starting to become increasingly important to our everyday lives. Whether it’s helping you with your homework or coding your spreadsheet at work, more and more people are starting to incorporate automated tech into other lives. But have you ever considered that one day your spouse could be AI? An AI wedding? Woman vows to marry hologram in World firstA boundary-pushing artist in the Netherlands vows to be “the fi… Read More “Woman to become first ever person to marry ‘AI generated hologram’”

Love is Blind’s Chelsea and Trevor spark theory they ‘got engaged’ after major tease

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Reality Titbit

Love is Blind;s Chelsea and Trevor hit it off straight away. However, she ended up accepting Jimmy’s proposal. Despite going for another man, TikTok fans are convinced Chelsea gets engaged to Trevor. When Trevor asked Chelsea if she’d have said yes had he proposed, she literally could not speak. And when he had to practically ask her to leave the pods, it got Love is Blind viewers thinking… Chelsea and Trevor on Love is BlindChelsea and Trevor hit it off in the Love is Blind pods, which later involved him gifting her a meaningful dog collar belonging to his late dog, who was also called Chelse… Read More “Love is Blind’s Chelsea and Trevor spark theory they ‘got engaged’ after major tease”