Author: CryptoExpert
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Nvidia stock falls below 200-day moving average for first time in a year
[ad_1] Nvidia shares fell below their 200-day moving average after this week’s GTC event failed to revive the stock, even as CEO Jensen Huang projected that the company’s Blackwell and Rubin product lines could help drive as much as $1 trillion in data center revenue through 2027. NVDA 1D Chart + 200-DMA Nvidia was down…
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Digital Assets Move Into Core Finance, Ripple Survey Finds
[ad_1] In a survey released on Thursday, Ripple said 72% of more than 1,000 global finance leaders believe companies must offer digital asset solutions to stay competitive. The survey found stablecoins were the most prominent use case, with 74% of respondents saying they can boost cash flow and unlock trapped capital. The report polled around…
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Tom Lee Says Ethereum Could Hit $62,000: Here’s the ETH/BTC Ratio That Could Make It Possible
[ad_1] TLDR: Tom Lee sets a baseline ETH price of $12,000 using the 8-year average ETH/BTC ratio of 0.0479 at $250K BTC. At the 2021 cycle peak ratio of 0.087, Lee projects Ethereum could trade near $22,000 with Bitcoin at $250,000. Lee’s bull case puts ETH at $62,000 if the ETH/BTC ratio climbs to 0.25,…
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While the world watches oil prices, one critical Fed cash backstop is almost empty
[ad_1] Bitcoin’s real macro risk right now is more discreet than simply watching the price of oil. Behind the scenes, a Fed liquidity cushion is nearly gone, and it can quickly become a headwind for Bitcoin’s attempt to avoid a deep crypto winter. On March 19, usage of the Federal Reserve’s overnight reverse repo facility…
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AI Data Centers Outpay Bitcoin Mining, Triggering Major Industry Shift
[ad_1] Bitcoin miners are ditching hashpower for hyperscale as multibillion-dollar artificial intelligence (AI) contracts outpay mining by a wide margin, forcing a rethink of the industry that secures the world’s largest cryptocurrency. Bitcoin Mining Economics Struggle as AI Offers Higher Returns Per Megawatt What started as a side hustle has turned into a full-blown identity…
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LlamaIndex Releases LiteParse: A CLI and TypeScript-Native Library for Spatial PDF Parsing in AI Agent Workflows
[ad_1] In the current landscape of Retrieval-Augmented Generation (RAG), the primary bottleneck for developers is no longer the large language model (LLM) itself, but the data ingestion pipeline. For software developers, converting complex PDFs into a format that an LLM can reason over remains a high-latency, often expensive task. LlamaIndex has recently introduced LiteParse, an…
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South Korea Tax Office Eyes Private Custody After Seized Crypto Loss
[ad_1] South Korea’s National Tax Service (NTS) is moving to select a private custody provider for seized crypto assets after a February press release exposed a wallet recovery phrase and triggered the unauthorized transfer of confiscated tokens. On Feb. 26, the NTS accidentally exposed a crypto wallet seed phrase in an official press release, resulting…