|
|
1. Review the 2600% Surge of Render Network (RNDR), the Leader of the AI Sector
The AI sector remains hot, with related tokens soaring. The enthusiasm of AI investors is further amplified by the upcoming NVIDIA GTC conference on March 18. Render Network (RNDR) stands out as a leader in this AI trend. Not only has its token price reached a historic high of $10.784, but it has also surged by 2600% since last year, ranking among the top performers in the sector. For ordinary investors, a 26x return is quite impressive. Today, let's review how the outstanding token Render Network (RNDR) achieved this feat and try to identify some commonalities among high-performing tokens. Click to read more.
2. CEO's Interpretation of Zama's Progress, Use Cases, and Overall Plan for FHE Solution
March 7, 2024, marked a significant milestone in our mission to use Fully Homomorphic Encryption (FHE) for end-to-end encryption on the internet.
I am proud to announce that Zama has raised $73 million in Series A funding, making it one of the largest risk-round investments in French history. This round was led by two leading pioneers in the blockchain industry, Multicoin Capital and Protocol Labs, with participation from Metaplanet, Blockchange, VSquared, Stake Capital, Portal Ventures, and several other strategic founders, including Juan Benet (Filecoin/IPFS), Gavin Wood (Ethereum/Polkadot), Anatoly Yakovenko (Solana), Julien Bouteloup (StakeDAO), and Tarun Chitra (Gauntlet). This funding round has brought together some of the smartest minds in the industry, all dedicated to achieving a single goal: making FHE ubiquitous in blockchain and artificial intelligence fields.
3. Arthur Hayes: Why Ethena Will Shake Up Tether
As winter turns to spring, I'd like to revisit an article I wrote a year ago titled "Dust on the Crust." In this article, I proposed a method for creating a comprehensive-backed stablecoin that does not rely on the TradFi banking system. My idea was to combine long cryptocurrency hedges with short perpetual swap positions to create a synthetic fiat currency unit. I named it Nakadollar because I envisioned using Bitcoin and short-term XBTUSD "perpetual" swaps as one way to create synthetic dollars. At the end of the article, I promised to support a reliable team trying their best to turn this idea into reality.
Elon Musk, the concept of becoming the meme father, has skyrocketed another meme coin, "ClosedAI." On March 6th, Musk mentioned "ClosedAI" multiple times on Twitter while criticizing OpenAI, causing the meme token to surge over 2800% in three hours.
Musk is undoubtedly a master of meme coin promotion, from the intentional Doge to the unintentional ClosedAI. Musk has become the unquestionable meme father, not only actively promoting some meme coins but also having people keep an eye on his tweets to discover on-chain projects or mass-produce meme coins at the first time. Below is a summary of typical Musk concept meme coins.
5. JPMorgan: Bitcoin "Has Surpassed" Gold
According to a report released by JPMorgan on Thursday, an indicator shows that Bitcoin is more popular than gold in investors' portfolios, thanks to its continuously breaking new highs.
As a mainstream cryptocurrency, Bitcoin has long been compared to gold, with some considering it a digital version of gold. At first glance, the proportion of gold in an investment portfolio should be higher than Bitcoin's, as an estimated $3.3 trillion is invested in gold. JPMorgan states that when comparing these two assets in nominal amounts, Bitcoin's allocation seems lower because Bitcoin's market capitalization is only $1.3 trillion. Therefore, theoretically, Bitcoin's value could still rise by 153% to reach the value level of gold. |
|
Post time 17-3-2024 14:08:47
