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IMF says Bitcoin has become necessary financial tool for preserving wealth amid financial instability

Bitcoin (BTC) is increasingly serving as a critical channel for cross-border financial flows amid global financial instability, according to a new report by the International Monetary Fund (IMF). The report — called “A Primer on Bitcoin Cross-Border Flows” — sheds light on how the decentralized nature of Bitcoin is being leveraged to bypass traditional banking […] The post IMF says Bitcoin has become necessary financial tool for preserving wealth amid financial instability appeared first on CryptoSlate. дальше »

2024-4-19 03:54

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Meta announces Llama 3, launches dedicated AI web portal

Meta announced the launch of Llama 3, the latest version of its large language model (LLM), on April 18, describing it as a “major leap over Llama 2.” The company said it has initially released the first two models of the current version, featuring 8B and 70B parameters, with upcoming models slated to feature 400B […] The post Meta announces Llama 3, launches dedicated AI web portal appeared first on CryptoSlate. дальше »

2024-4-19 02:33

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Bitwise CIO expects institutions to inject over $1 trillion into Bitcoin via ETFs

Bitwise CIO Matt Hougan said institutions will inject more than $1 trillion into Bitcoin via ETFs over the coming year as due diligence is completed and further exposure is approved. Hougan shared his perspective in the latest weekly investor note from the company, where he reflected on the challenges and opportunities facing investors in the […] The post Bitwise CIO expects institutions to inject over $1 trillion into Bitcoin via ETFs appeared first on CryptoSlate. дальше »

2024-3-29 01:45