Nanoparticles are substances whose dimensions range from 1 nanometre to 100 nanometres and can be of any shape or colour. Simply put, nanoparticles...

Introduction Time and again, we hear producers complaining about being cheated out of publishing splits or not getting due credit. Earlier this year,...

WASHINGTON — Gen. Jay Raymond served at the helm of the U.S. Department of Defense’s space enterprise for six years — first as the...

The European Court has ruled in the patent case C‑399/21 IRnova AB v FLIR Systems AB. This dispute has the following background: IRnova...

Large Language Models (LLMs) are Deep Learning models trained to produce text. With this impressive ability, LLMs have become the backbone of modern Natural Language Processing (NLP). Traditionally, they are pre-trained by academic institutions and big tech companies such as OpenAI, Microsoft and NVIDIA. Most of them are then made available for public use. This […]

The post Choosing The Right Language Model For Your NLP Use Case appeared first on TOPBOTS.

In 2021, at the height of the COVID-19 pandemic during which Australia’s two most populous cities spent long weeks under conditions of strict...

Challenging capital markets—like the one we’re in—are a call to revisit product roadmaps, analyze their profitability, and gauge their effectiveness. We’ve seen how gross...

IT teams that have both men and women generate more innovative and unexpected solutions compared to men-only teams. However, there are only about 25%...

Coral Tribe is steering towards the protection of the environment or the natural world as powered by crypto or blockchain technology. The Coral Tribe NFT art is coral-inspired, which resembles the fusion of a tribal genre with a futuristic style that is unique and unlike any other non-fungible token (NFT) collection. 50% of the proceeds […]

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On-chain data shows some dormant Bitcoin supply is again moving into exchanges, something that could be bearish for the price of the crypto. Bitcoin Exchange Inflow For Old Coins Has Observed Spikes In Recent Days As pointed out by an analyst in a CryptoQuant post, some coins in the age ranges 2y-3y and 3y-5y have recently been deposited to exchanges. The “exchange inflow” is an indicator that measures the total amount of Bitcoin being transferred into the wallets of all centralized exchanges. When the value of this metric is high, it means investors are depositing large amounts to exchanges right now. Such a trend, when prolonged, can prove to be bearish for the value of the crypto as it can be a sign of dumping from holders. A modified version of this indicator is the exchange inflow “Spent Output Age Bands” (SOAB), which tells us about the individual contribution to the total inflows from the different supply groups in the market. Related Reading: Data: Bitcoin Whales Who Accumulated At $18k Have Continued To Hold Strong These cohorts are categorized based on the amount of time their coins have been sitting still for. The relevant age bands here are “2y-3y” and “3y-5y”; the below chart shows the trend in the exchange inflows coming from these supplies: Looks like the value of the metric for these cohorts has been raised in recent days | Source: CryptoQuant As you can see in the above graph, the Bitcoin exchange inflow SOAB has spiked up for these coin groups during the last couple of days or so. This means that some investors have been depositing sizeable amounts of coins aged between 2 to 3 years and those between 3 to 5 years. Related Reading: This On-Chain Metric Suggests Bitcoin Not In Danger Of Another Sharp Drawdown Such old supply is called the “long-term holder” supply. In general, the older the coins are, the less probable they are to move at any point. So, any movement from these coins, especially those to exchanges, may have noticeable implications on the price of Bitcoin. BTC Price At the time of writing, Bitcoin’s price floats around $19.1k, up 1% in the last seven days. Over the past month, the crypto has lost 1% in value. The below chart shows the trend in the price of the coin over the last five days. The value of the crypto seems to have rebounded back from the dip a couple of days ago | Source: BTCUSD on TradingView Bitcoin has continued to show stale price movement in the past week as the crypto has been mostly sticking around the $19k level. Two days or so ago BTC did make an attempt to break the monotony by plunging below to $18.7k, but it wasn’t long before the coin was back at $19k. Featured image from Max Saeling on Unsplash.com, charts from TradingView.com, CryptoQuant.com

<!-- --> With wallets such as Trezor and Ledger dominating the entire hardware wallet space since first being introduced onto the scene in 2014, many...