Latest news with #Modulus
Yahoo
23-05-2025
- Business
- Yahoo
Beyond Bitcoin: These 3 Altcoins Could Surge — Are They Safe Investments?
There is no way around the fact that it can be tricky to navigate cryptocurrency, but despite what some experts may say, there could still be a bear case for Bitcoin buy and hold for the long term. However, there's also a strong bull case for the short term, but the potential long-term gains seem to slightly edge out the short-term woes. Learn More: For You: This is because the bull thesis for buying or holding Bitcoin is logically supported in the longer term regarding the coin's prospects. However, just because it is a more recognized name in the crypto game doesn't mean it is the end-all be-all investment option in this market. That being said, any crypto bull run triggers a lot of interest in altcoins, with investors looking for the next big thing. Whether Bitcoin's rise will translate into a sustained surge for these smaller coins remains to be seen. Here's a look at altcoins experts say could catch your investing interest. Richard Gardner, CEO of Modulus, argued that altcoins are 'a lot like microcap stocks.' 'There are going to be some winners that turn out to completely transform industries,' he said. 'There will be others that continue to plod along. And many that will ultimately go belly up.' According to Gardner, the problem with the term altcoin is that it doesn't differentiate between coins with high market caps-such as Cardano and Solana, and those that are nothing more than what he deemed 'scamcoins.' 'The best way to determine whether an altcoin can be trusted is to dig into the technical details. Determine whether the altcoin has real-world applications. It is important to do your due diligence,' he added. Which ones could experience a surge? Find Out: Current Price: $176.44 All-time high: $294.33 (Jan. 1, 2025) All-time low: $0.51 (May 11, 2020) In this current cycle, SOL has benefited most from the rise in Bitcoin's price, which has many suggesting that SOL will be the darling of this cycle the way ETH was the darling of the last, according to Frank Corva, digital assets analyst for Finder. And other experts — such as Brian D. Evans, CEO and founder of BDE Ventures — echoed the sentiment, saying that Solana is garnering a lot of attention from the general public, particularly as the Solana blockchain is performing, and there are a huge number of users and applications gravitating to it. 'This is poised to be beneficial for the native token of the Solana Network, SOL,' said Evans. 'The more that users interact with applications on Solana, the more SOL they'll have to buy to pay for gas fees. I suspect that over time, SOL will accrue more value as this dynamic continues to play out.' Current Price: $2,580.05 All-time high: $4,891.70 (Nov. 15, 2021) All-time low: $0.42 (Oct. 21, 2015) Jeff Owens, co-founder of Haven1, argued that as a foundational layer of the Web3 space, Ethereum is an 'obvious choice' — especially for retail investors who are just familiarizing themselves with crypto. 'It typically moves in tandem with Bitcoin,' said Owens. 'Combined with the Dencun upgrade, which was successfully deployed… and reduced Ethereum layer-2 gas fees by 10 to 100 times, these figures suggest that ETH may start outperforming BTC soon.' In fact, some recent data as of the beginning of 2025 indicates that ETH has been outperforming Bitcoin in terms of price appreciation and market share growth. Artificial intelligence tokens have also been riding the broader AI wave lately and garnering a lot of interest. As CoinGecko indicated, these tokens are cryptocurrencies that power AI-related projects. 'I think anything AI is going to continue to do well because of the growing need to verify data, including when it comes to authenticity and provenance,' said Markus Levin, co-founder of XYO Network. 'This includes oracle networks like ours, XYO, and others, because these sorts of networks can provide clean, verified data to all sorts of systems.' The bottom line is that while it can be tempting to quickly jump on this crypto bull ride, due diligence and caution are key. There will likely be more investors piling into new, untested altcoins without conducting their due diligence first, and many of these investors may be first-time entrants into the crypto space. 'And so, while we'll undoubtedly witness the creation of new crypto millionaires overnight, we will also likely see some spectacular losses,' said Owens. 'The bull run always brings with it a proliferation of new projects, and this makes it a particularly risky time to hunt for a quick buck. So as the altcoin season begins in earnest, it's more important than ever to ramp up the research and never invest in a project if something doesn't add up.' For the Bitcoin purists, the asset is the only way to go, as they argue that it is the safest investment in the crypto space. 'It's the asset investors — especially newer investors — should stick with,' said Corva, noting that its scarcity makes it unlike any other asset. Yaël Bizouati-Kennedy contributed to the reporting for this article. Editor's note: Cryptocurrency market information is accurate as of May 14, 2025, and is subject to change. More From GOBankingRates Surprising Items People Are Stocking Up On Before Tariff Pains Hit: Is It Smart? The Most Expensive Disney Merchandise Ever Sold -- and Who's Buying It The 5 Car Brands Named the Least Reliable of 2025 Sources CoinMarketCaps, Cryptocurrency Prices, Charts And Market Capitalizations This article originally appeared on Beyond Bitcoin: These 3 Altcoins Could Surge — Are They Safe Investments? Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
Beyond Bitcoin: These 3 Altcoins Could Surge — Are They Safe Investments?
There is no way around the fact that it can be tricky to navigate cryptocurrency, but despite what some experts may say, there could still be a bear case for Bitcoin buy and hold for the long term. However, there's also a strong bull case for the short term, but the potential long-term gains seem to slightly edge out the short-term woes. Learn More: For You: This is because the bull thesis for buying or holding Bitcoin is logically supported in the longer term regarding the coin's prospects. However, just because it is a more recognized name in the crypto game doesn't mean it is the end-all be-all investment option in this market. That being said, any crypto bull run triggers a lot of interest in altcoins, with investors looking for the next big thing. Whether Bitcoin's rise will translate into a sustained surge for these smaller coins remains to be seen. Here's a look at altcoins experts say could catch your investing interest. Richard Gardner, CEO of Modulus, argued that altcoins are 'a lot like microcap stocks.' 'There are going to be some winners that turn out to completely transform industries,' he said. 'There will be others that continue to plod along. And many that will ultimately go belly up.' According to Gardner, the problem with the term altcoin is that it doesn't differentiate between coins with high market caps-such as Cardano and Solana, and those that are nothing more than what he deemed 'scamcoins.' 'The best way to determine whether an altcoin can be trusted is to dig into the technical details. Determine whether the altcoin has real-world applications. It is important to do your due diligence,' he added. Which ones could experience a surge? Find Out: Current Price: $176.44 All-time high: $294.33 (Jan. 1, 2025) All-time low: $0.51 (May 11, 2020) In this current cycle, SOL has benefited most from the rise in Bitcoin's price, which has many suggesting that SOL will be the darling of this cycle the way ETH was the darling of the last, according to Frank Corva, digital assets analyst for Finder. And other experts — such as Brian D. Evans, CEO and founder of BDE Ventures — echoed the sentiment, saying that Solana is garnering a lot of attention from the general public, particularly as the Solana blockchain is performing, and there are a huge number of users and applications gravitating to it. 'This is poised to be beneficial for the native token of the Solana Network, SOL,' said Evans. 'The more that users interact with applications on Solana, the more SOL they'll have to buy to pay for gas fees. I suspect that over time, SOL will accrue more value as this dynamic continues to play out.' Current Price: $2,580.05 All-time high: $4,891.70 (Nov. 15, 2021) All-time low: $0.42 (Oct. 21, 2015) Jeff Owens, co-founder of Haven1, argued that as a foundational layer of the Web3 space, Ethereum is an 'obvious choice' — especially for retail investors who are just familiarizing themselves with crypto. 'It typically moves in tandem with Bitcoin,' said Owens. 'Combined with the Dencun upgrade, which was successfully deployed… and reduced Ethereum layer-2 gas fees by 10 to 100 times, these figures suggest that ETH may start outperforming BTC soon.' In fact, some recent data as of the beginning of 2025 indicates that ETH has been outperforming Bitcoin in terms of price appreciation and market share growth. Artificial intelligence tokens have also been riding the broader AI wave lately and garnering a lot of interest. As CoinGecko indicated, these tokens are cryptocurrencies that power AI-related projects. 'I think anything AI is going to continue to do well because of the growing need to verify data, including when it comes to authenticity and provenance,' said Markus Levin, co-founder of XYO Network. 'This includes oracle networks like ours, XYO, and others, because these sorts of networks can provide clean, verified data to all sorts of systems.' The bottom line is that while it can be tempting to quickly jump on this crypto bull ride, due diligence and caution are key. There will likely be more investors piling into new, untested altcoins without conducting their due diligence first, and many of these investors may be first-time entrants into the crypto space. 'And so, while we'll undoubtedly witness the creation of new crypto millionaires overnight, we will also likely see some spectacular losses,' said Owens. 'The bull run always brings with it a proliferation of new projects, and this makes it a particularly risky time to hunt for a quick buck. So as the altcoin season begins in earnest, it's more important than ever to ramp up the research and never invest in a project if something doesn't add up.' For the Bitcoin purists, the asset is the only way to go, as they argue that it is the safest investment in the crypto space. 'It's the asset investors — especially newer investors — should stick with,' said Corva, noting that its scarcity makes it unlike any other asset. Yaël Bizouati-Kennedy contributed to the reporting for this article. Editor's note: Cryptocurrency market information is accurate as of May 14, 2025, and is subject to change. More From GOBankingRates Surprising Items People Are Stocking Up On Before Tariff Pains Hit: Is It Smart? The Most Expensive Disney Merchandise Ever Sold -- and Who's Buying It Here's the Minimum Salary Required To Be Considered Upper Class in 2025 Sources CoinMarketCaps, Cryptocurrency Prices, Charts And Market Capitalizations This article originally appeared on Beyond Bitcoin: These 3 Altcoins Could Surge — Are They Safe Investments? Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
29-01-2025
- Business
- Associated Press
Quick Custom Intelligence and Modulus Celebrate Success at ICE
SAN DIEGO, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Quick Custom Intelligence (QCI), a leading provider of cutting-edge business intelligence solutions for the casino industry, and Modulus, an innovator in advanced gaming system technology, are pleased to announce a successful showcase at the International Casino Expo (ICE). Throughout the event, both companies met with dozens of current customers and new prospects, demonstrating the latest in AI technology and data-driven business intelligence tools. By joining forces in the Modulus booth, QCI and Modulus underscored the synergy of their combined technologies, generating excitement among attendees. The live demos highlighted how these next-generation solutions can empower casinos to make data-driven decisions, enhance customer engagement, and streamline operations. 'The energy at this year's ICE was truly inspiring,' said Marc Attal, COO of Modulus. 'Our newest technology received an exceptional response, and our digitalization strategy for slots and tables resonated deeply with clients who clearly saw the benefits of optimization it brings. Showcasing QCI's solutions in our booth amplified our message and created an immersive experience that highlighted the potential of the cutting-edge AGI55 platform. The excitement and enthusiasm from both existing and prospective clients made this one of our most successful shows yet, reaffirming our commitment to innovation and excellence.' 'It was fantastic to be part of the show,' remarked Andrew Cardno, CTO of QCI. 'Meeting so many new customers and prospects has sparked a sense of excitement and optimism for what lies ahead for QCI in the global casino market. We are grateful to Modulus for the opportunity to partner in showcasing how our integrated solutions can help casinos operate more efficiently and profitably.' Both companies look forward to expanding their footprint in international gaming markets, fueled by the success and enthusiasm generated at ICE. QCI and Modulus remain committed to developing innovative technologies that drive real-world results for casino operators everywhere. ABOUT Quick Custom Intelligence Quick Custom Intelligence (QCI) has pioneered the revolutionary QCI AGI Platform, an artificial intelligence platform that seamlessly integrates player development, marketing, and gaming operations with powerful, real-time tools designed specifically for the gaming and hospitality industries. Our advanced, highly configurable software is deployed in over 250 casino resorts across North America, Australia, New Zealand, Canada, Latin America, and The Bahamas. The QCI AGI Platform, which manages more than $35 billion in annual gross gaming revenue, stands as a best-in-class solution, whether on-premises, hybrid, or cloud-based, enabling fully coordinated activities across all aspects of gaming or hospitality operations. QCI's data-driven, AI-powered software propels swift, informed decision-making vital in the ever-changing casino industry, assisting casinos in optimizing resources and profits, crafting effective marketing campaigns, and enhancing customer loyalty. QCI was co-founded by Dr. Ralph Thomas and Mr. Andrew Cardno and is based in San Diego, with additional offices in Las Vegas, St. Louis, Denver, Dallas, and Tulsa. Main phone number: (858) 299.5715. Visit us at ABOUT Andrew Cardno Andrew Cardno is a distinguished figure in the realm of artificial intelligence and data plumbing. With over two decades spearheading private Ph.D. and master's level research teams, his expertise has made significant waves in data tooling. Andrew's innate ability to innovate has led him to devise numerous pioneering visualization methods. Of these, the most notable is the deep zoom image format, a groundbreaking innovation that has since become a cornerstone in the majority of today's mapping tools. His leadership acumen has earned him two coveted Smithsonian Laureates, and teams under his mentorship have clinched 40 industry awards, including three pivotal gaming industry transformation awards. Together with Dr. Ralph Thomas, the duo co-founded Quick Custom Intelligence, amplifying their collaborative innovative capacities. A testament to his inventive prowess, Andrew boasts over 150 patent applications. Across various industries—be it telecommunications with Telstra Australia, retail with giants like Walmart and Best Buy, or the medical sector with esteemed institutions like City Of Hope and UCSD—Andrew's impact is deeply felt. He has enriched the literature with insights, co-authoring eight influential books with Dr. Thomas and contributing to over 100 industry publications. An advocate for community and diversity, Andrew's work has touched over 100 Native American Tribal Resorts, underscoring his expansive and inclusive professional endeavours. ABOUT Modulus As one of the world's largest independent gaming management system providers, Modulus operates across 40 countries spanning Europe, Africa, South America, Canada, and Asia. Our multilingual suite of management software empowers gaming operators to optimize revenues and efficiently manage costs. With headquarters in Monaco and offices in France and Austria, along with partner offices in South Africa, Latin America, and Asia, our dedicated team of R&D and support professionals ensures the highest levels of customer engagement and product development. Explore the innovative technology of SYSTM Connect, enhancing player experiences and delivering fast, reliable network communication. Visit our website at Laurel Kay, Quick Custom Intellligence
