AI EXPRESS - Hot Deal 4 VCs instabooks.co
  • AI
    Coming AI regulation may not protect us from dangerous AI

    Coming AI regulation may not protect us from dangerous AI

    The profound danger of conversational AI

    The profound danger of conversational AI

    Top 5 stories of the week: One word: ChatGPT

    Top 5 stories of the week: One word: ChatGPT

    Lucy 4 is moving ahead with generative AI for knowledge management

    Lucy 4 is moving ahead with generative AI for knowledge management

    Google will leapfrog rivals with AI event next week

    Google will leapfrog rivals with AI event next week

    Top AI startup news of the week: Anthropic hits the Google jackpot

    Top AI startup news of the week: Anthropic hits the Google jackpot

  • ML
    Analyze and visualize multi-camera events using Amazon SageMaker Studio Lab

    Analyze and visualize multi-camera events using Amazon SageMaker Studio Lab

    Predict football punt and kickoff return yards with fat-tailed distribution using GluonTS

    Predict football punt and kickoff return yards with fat-tailed distribution using GluonTS

    Scaling distributed training with AWS Trainium and Amazon EKS

    Scaling distributed training with AWS Trainium and Amazon EKS

    How to decide between Amazon Rekognition image and video API for video moderation

    How to decide between Amazon Rekognition image and video API for video moderation

    Build a water consumption forecasting solution for a water utility agency using Amazon Forecast

    Build a water consumption forecasting solution for a water utility agency using Amazon Forecast

    Amazon SageMaker built-in LightGBM now offers distributed training using Dask

    Amazon SageMaker built-in LightGBM now offers distributed training using Dask

    Cohere brings language AI to Amazon SageMaker

    Cohere brings language AI to Amazon SageMaker

    Upscale images with Stable Diffusion in Amazon SageMaker JumpStart

    Upscale images with Stable Diffusion in Amazon SageMaker JumpStart

    Best Egg achieved three times faster ML model training with Amazon SageMaker Automatic Model Tuning

    Best Egg achieved three times faster ML model training with Amazon SageMaker Automatic Model Tuning

  • NLP
    Presight AI and G42 Healthcare sign an MOU

    Presight AI and G42 Healthcare sign an MOU

    Meet Sketch: An AI code Writing Assistant For Pandas

    Meet Sketch: An AI code Writing Assistant For Pandas

    Exploring The Dark Side Of OpenAI's GPT Chatbot

    Exploring The Dark Side Of OpenAI’s GPT Chatbot

    OpenAI launches tool to catch AI-generated text

    OpenAI launches tool to catch AI-generated text

    Year end report, 1 May 2021- 30 April 2022.

    U.S. Consumer Spending Starts to Sputter; Labor Report to Give Fed Look at Whether Rate Increases Are Cooling Rapid Wage Growth

    Meet ETCIO SEA Transformative CIOs 2022 Winner Edmund Situmorang, CIOSEA News, ETCIO SEA

    Meet ETCIO SEA Transformative CIOs 2022 Winner Edmund Situmorang, CIOSEA News, ETCIO SEA

    His Highness Sheikh Theyab bin Zayed Al Nahyan witnesses MBZUAI inaugural commencement

    His Highness Sheikh Theyab bin Zayed Al Nahyan witnesses MBZUAI inaugural commencement

    Hyperscale Revolution

    Companies that are leading the way

    ChatGPT and I wrote this article

    ChatGPT and I wrote this article

  • Vision
    Analyzing the Power of CLIP for Image Representation in Computer Vision

    Analyzing the Power of CLIP for Image Representation in Computer Vision

    What is a Computer Vision Platform? Complete Guide in 2023

    What is a Computer Vision Platform? Complete Guide in 2023

    Training YOLOv8 on Custom Data

    Training YOLOv8 on Custom Data

    The Best Applications of Computer Vision in Agriculture (2022)

    The Best Applications of Computer Vision in Agriculture (2022)

    A Review of the Image Quality Metrics used in Image Generative Models

    A Review of the Image Quality Metrics used in Image Generative Models

    CoaXPress Frame Grabbers for Machine Vision

    CoaXPress Frame Grabbers for Machine Vision

    Translation Invariance & Equivariance in Convolutional Neural Networks

    Translation Invariance & Equivariance in Convolutional Neural Networks

    Roll Model: Smart Stroller Pushes Its Way to the Top at CES 2023

    Roll Model: Smart Stroller Pushes Its Way to the Top at CES 2023

    Image Annotation: Best Software Tools and Solutions in 2023

    Image Annotation: Best Software Tools and Solutions in 2023

  • Robotics
    A silver and black hollow shaft gear unit from Harmonic Drive.

    Harmonic Drive launches HPF series of hollow shaft gear units

    A UR cobot performs a place operation.

    Rapid Robotics and Universal Robots team up to accelerate cobot deployments

    A bar graph labeled "seed", "A", "B", "C", "D" and "E" that says investment December 2022 over a money background.

    What slowdown? – December 2022 robotics investments reach $1.14B

    draper

    Why roboticists should prioritize human factors

    A serving robot with a cat-like face with pepsi on its shelves.

    10 industries China is focusing on automating

    Phantom AI brings in $36.5M

    Phantom AI brings in $36.5M

    Color global shutter camera from e-con Systems for new-age embedded vision applications

    Color global shutter camera from e-con Systems for new-age embedded vision applications

    carino surgical robot

    Ronovo Surgical unveils Carina surgical robot platform

    a hand holding a small servo driver

    Celera Motion launches the company’s most compact servo drives

  • RPA
    Future of Electronic Visit Verification (EVV) for Homecare

    Future of Electronic Visit Verification (EVV) for Homecare

    Benefits of Implementing RPA in Banking Industry

    Benefits of Implementing RPA in Banking Industry

    Robotic Process Automation

    What is RPA (Robotic Process Automation)?

    Top RPA Use Cases in Banking Industry in 2023

    Top RPA Use Cases in Banking Industry in 2023

    Accelerate Account Opening Process Using KYC Automation

    Accelerate Account Opening Process Using KYC Automation

    RPA Case Study in Banking

    RPA Case Study in Banking

    Reducing Service Ticket Volumes through Automated Password Reset Process

    Reducing Service Tickets Volume Using Password Reset Automation

    AccentCare Reduced 80% of Manual Work With AutomationEdge’ s RPA

    AccentCare Reduced 80% of Manual Work With AutomationEdge’ s RPA

    Why Every Business Should Implement Robotic Process Automation (RPA) in their Marketing Strategy

    Why Every Business Should Implement Robotic Process Automation (RPA) in their Marketing Strategy

  • Gaming
    God of War Ragnarok had a banner debut week at UK retail

    God of War Ragnarok had a banner debut week at UK retail

    A Little To The Left Review (Switch eShop)

    A Little To The Left Review (Switch eShop)

    Horizon Call of the Mountain will release alongside PlayStation VR2 in February

    Horizon Call of the Mountain will release alongside PlayStation VR2 in February

    Sonic Frontiers has Dreamcast-era jank and pop-in galore - but I can't stop playing it

    Sonic Frontiers has Dreamcast-era jank and pop-in galore – but I can’t stop playing it

    Incredible November Xbox Game Pass addition makes all other games obsolete

    Incredible November Xbox Game Pass addition makes all other games obsolete

    Free Monster Hunter DLC For Sonic Frontiers Now Available On Switch

    Free Monster Hunter DLC For Sonic Frontiers Now Available On Switch

    Somerville review: the most beautiful game I’ve ever played

    Somerville review: the most beautiful game I’ve ever played

    Microsoft Flight Sim boss confirms more crossover content like Halo's Pelican and Top Gun Maverick

    Microsoft Flight Sim boss confirms more crossover content like Halo’s Pelican and Top Gun Maverick

    The Game Awards nominations are in, with God of War Ragnarok up for 10 of them

    The Game Awards nominations are in, with God of War Ragnarok up for 10 of them

  • Investment
    Flatfee

    Flatfee Raises $900K

    venture capital

    Partinc Capital and PAQT.com Seek Investment Opportunities in Dutch B2B SaaS Scaleups

    venture capital

    AI Capital Invests in Global Hands-On VC’s Fund I

    KoreLock

    KoreLock Raises Series A Funding

    foodbyus

    FoodByUs Raises $12M in Series B Funding

    archimedes

    Archimedes Closes $4.9M Seed Funding Round

    Raylo

    Raylo Raises £110M in Debt Financing

    brass dome

    Brass Dome Ventures Launches Brass Fund One

    ion mobility

    ION Mobility Closes US$18.7M in Series A Funding

  • More
    • Data analytics
    • Apps
    • No Code
    • Cloud
    • Quantum Computing
    • Security
    • AR & VR
    • Esports
    • IOT
    • Smart Home
    • Smart City
    • Crypto Currency
    • Blockchain
    • Reviews
    • Video
No Result
View All Result
AI EXPRESS - Hot Deal 4 VCs instabooks.co
No Result
View All Result
Home Crypto Currency

December Turns Red For Bitcoin As Market-Wide Sell-Offs Continue

seprameen by seprameen
December 23, 2021
in Crypto Currency
0
A bitcoin in front of a red market chart
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

December has turned out to be a crimson month for bitcoin and different indexes as sell-offs have rocked the crypto area. Bitcoin and altcoins alike have recorded quite a few losses tied to buyers promoting off their holdings and hunkering down for what seems to be to be the start of a drawn-out bear market. Some have nonetheless suffered greater than others in a extra that has turned bloody for buyers.

All throughout the market, indexes proceed to report double-digit drops, signaling no improvement from the previous week as losses had additionally risen to the double digits. Losses have run even increased for the previous seven days with the small cap index taking the most important hit of all.

Associated Studying | Regardless of Crackdown, Bitcoin Mining Is Nonetheless Alive And Effectively In China

Double-Digit Losses Rocks The Market

Bitcoin has suffered vital losses for the reason that crash in the beginning of the month. The digital asset was pushed in the direction of the low $40,000s and has struggled to maneuver out of this value vary since then. On the index entrance, the asset has not finished too effectively both because it has recorded losses up into the double-digits and far increased than that recorded for the earlier week.

Bitcoin alone noticed a 20% loss for a seven-day interval, up 5% from the earlier week’s lack of 15%. This has made it one of many hardest-hit digital belongings within the area regardless of sustaining the biggest market share.

BTC drops 20% in seven days | Supply: Arcane Research

The opposite indexes weren’t neglected of the onslaught, all persevering with the pattern of double-digit losses. For a seven-day interval, the Mid Cap Index held up greatest out of all of the indexes however not by a large margin. The Giant Cap Index mirrored bitcoin’s losses with a 20% loss for the week.

See also  Bitcoin Price Prediction: BTC Bulls Must Defend This Level To Sustain Uptrend

The Small Cap Index noticed essentially the most losses for the week with a 28% loss, marking the worst efficiency of all of the indexes for the month of December.

Bitcoin Market Dominance Drops

Bitcoin has maintained the biggest share of the cryptocurrency market. Nevertheless, this quantity has continued to drop as months go by. 5 years in the past, bitcoin had managed about 90% of the whole market share. At the moment, it has dropped to lower than 50% of the market share it used to command, evidenced out there dominance of the digital asset.

Bitcoin price chart from TradingView.com

BTC begins one other restoration pattern | Supply: BTCUSD on TradingView.com

A number of the greatest cash by market cap have outperformed bitcoin for the final week. This outperformance has translated to an encroachment available on the market dominance of bitcoin. As soon as once more, BTC’s market dominance has dropped near 40%, an important level that altcoins haven’t been capable of break.

Associated Studying | Bitcoin Leads As Markets Sees Document Outflows. Bear Market Incoming?

Nonetheless, altcoins have loved vital progress in the best way of market dominance provided that initially of the 12 months, bitcoin’s market dominance was as excessive as 73%. With the 12 months drawing to an in depth, altcoins have managed to steal over 30% dominance from BTC, and 2022 often is the 12 months that it lastly breaks beneath the 40% resistance level.

Featured picture from CNBC, charts from Arcane Analysis and TradingView.com

Source link

Tags: BitcoincontinueDecemberMarketWideRedSellOffsturns
Previous Post

Seoul Digital Foundation launches metaverse office

Next Post

Tackle.io Raises $100M in Series C Funding

seprameen

seprameen

Next Post
Tackle.io Raises $100M in Series C Funding

Tackle.io Raises $100M in Series C Funding

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Newsletter

Popular Stories

  • T-Mobile announces another data breach, impacting 37 million accounts

    T-Mobile announces another data breach, impacting 37 million accounts

    0 shares
    Share 0 Tweet 0
  • Watch Boston Dynamics’ Stretch unload a DHL trailer

    0 shares
    Share 0 Tweet 0
  • How to use your phone to find hidden cameras

    0 shares
    Share 0 Tweet 0
  • Scientists realized an effective curved spacetime in the lab

    0 shares
    Share 0 Tweet 0
  • Google blew it with open source layoffs

    0 shares
    Share 0 Tweet 0

Crypto Jobs

View 115 Crypto Jobs at Tesla

View 165 Crypto Jobs at Nvidia

View 105 Crypto Jobs at Google

View 135 Crypto Jobs at Amamzon

View 131 Crypto Jobs at IBM

View 95 Crypto Jobs at Microsoft

View 205 Crypto Jobs at Meta

View 192 Crypto Jobs at Intel

Accounting and Finance Hub

Raised Seed, Series A, B, C Funding Round

Get a Free Insurance Quote

Try Our Accounting Service

AI EXPRESS – Hot Deal 4 VCs instabooks.co

AI EXPRESS is a news site that covers the latest developments in Artificial Intelligence, Data Analytics, ML & DL, Algorithms, RPA, NLP, Robotics, Smart Homes & Cities, Cloud & Quantum Computing, AR & VR and Blockchains

Categories

  • AI
  • Ai videos
  • Apps
  • AR & VR
  • Blockchain
  • Cloud
  • Computer Vision
  • Crypto Currency
  • Data analytics
  • Esports
  • Gaming
  • Gaming Videos
  • Investment
  • IOT
  • Iot Videos
  • Low Code No Code
  • Machine Learning
  • NLP
  • Quantum Computing
  • Robotics
  • Robotics Videos
  • RPA
  • Security
  • Smart City
  • Smart Home

Quick Links

  • Reviews
  • Deals
  • Best
  • AI Jobs
  • AI Events
  • AI Directory
  • Industries

© 2021 Aiexpress.io - All rights reserved.

  • Contact
  • Privacy Policy
  • Terms & Conditions

No Result
View All Result
  • AI
  • ML
  • NLP
  • Vision
  • Robotics
  • RPA
  • Gaming
  • Investment
  • More
    • Data analytics
    • Apps
    • No Code
    • Cloud
    • Quantum Computing
    • Security
    • AR & VR
    • Esports
    • IOT
    • Smart Home
    • Smart City
    • Crypto Currency
    • Blockchain
    • Reviews
    • Video

© 2021 Aiexpress.io - All rights reserved.