Cryptocurrency Live News & Updates : Injective Introduces Market for Nvidia GPU Rentals
Injective has launched the first on-chain market for trading Nvidia H100 GPU rental prices, enabling real-time updates and new trading opportunities in decentralized finance. Injective has made headlines by launching the first-ever on-chain market for trading Nvidia H100 GPU rental prices, a move expected to reshape decentralized finance. This initiative, powered by Squaretower, aims to tokenize AI compute resources, with rental rates updated hourly from leading providers. Meanwhile, the U.S. Treasury Department is seeking public input on detecting illicit crypto activities as part of the newly enacted GENIUS Act, which aims to regulate stablecoins and enhance oversight in the crypto sector. In a significant market shift, BitMine Immersion Technologies has rapidly increased its Ethereum holdings to $6.6 billion, positioning itself as a major player in the crypto treasury landscape. As the firm aims to control 5% of Ethereum's circulating supply, it reflects a broader institutional interest in blockchain infrastructure. Lastly, the price predictions for meme coins like FLOKI and PEPE highlight the volatility and speculative nature of these assets, with varying forecasts for their future values. Together, these developments underscore the dynamic landscape of cryptocurrency and the ongoing regulatory evolution shaping its future. Show more
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- Time of India
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