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Bitcoin has risen in price by 6%, Ethereum – by 10%, and Avalanche – by 23%. How cryptocurrencies have changed over the week

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Last week was marked by a noticeable growth in the cryptocurrency market. And this despite the fact that on March 16, the Federal Reserve Service, which functions as the US Central Bank, raised the key rate for the first time in four years against the backdrop of record inflation in the country. Usually, against such a background, investors exit risky assets, which include cryptocurrencies, but now, apparently, inflation is so high that a single rise in the key one did not contribute to a decrease in the crypto market.

Bitcoin has risen in price by 6%, Ethereum - by 10%, and Avalanche - by 23%.  How cryptocurrencies have changed over the week

Bitcoin has risen in price by about 6% over the past week – the price of the world’s main cryptocurrency was fixed at $40,000, and even rose to $42,000 on the weekend. Ethereum has risen in price even more – plus 10% over the past week. At the moment, for one ETH they give about 2840 dollars. But the growth leader in the top 10 is Avalanche – it has risen in price by 23%.

Bitcoin has risen in price by 6%, Ethereum - by 10%, and Avalanche - by 23%.  How cryptocurrencies have changed over the week

Elon Musk’s favorite cryptocurrency Dogecoin is still outside the top ten – in 13th place. And her growth for the week is very modest – about 2.5%. The same 2.5% was added by the meme Shiba Inu, which now occupies the 15th place in the list of the main cryptocurrencies in the world.

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The James Webb telescope discovered planets without a star

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The James Webb telescope discovered planets without a star

The James Webb Space Telescope has discovered hundreds of “planets” that seem to float in the void of space, not attached to any star. And many of them are not completely alone: ​​they appear in pairs.

The James Webb telescope discovered planets without a star

James Webb has discovered hundreds of lonely “planets” that seem to float in the void of space, not attached to any star. Source: NASA/ESA/CSA/McCaughrean and Pearson

The discovery of these Jupiter-mass objects in a new scan of Orion has puzzled astronomers and may require a re-evaluation of existing models of planetary system formation.

Scientists have two possible explanations for the unusual phenomenon. These could either be protoplanets that were unlucky enough to form incompletely, or they formed inside solar systems and were later ejected into interstellar space.

These objects have some characteristic features of planets, such as a hot atmosphere with steam and methane, but scientists say that these objects are not technically planets.

Although the hypothesis of objects being ejected from their solar systems is more popular, the fact that James Webb identified about 40 of these objects in pairs complicates the situation.

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Formally, there are no questions to Nvidia even after the raid. The European Commission denies the fact of conducting an antimonopoly investigation

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Formally there are no questions to Nvidia even after the

EU competition authorities are not conducting a formal investigation into chips used for artificial intelligence, the European Commission announced on Monday, October 2.

“The Commission is not conducting a formal investigation into the matter you refer to,” an EU executive spokesman said in an email to Reuters, which asked for comment on the rumors.

Formally, there are no questions to Nvidia even after the raid.  The European Commission denies the fact of conducting an antimonopoly investigation

Image by Midjourney

A few days earlier, the French antitrust authority raided Nvidia on suspicion of anti-competitive practices. Nvidia declined to comment on the situation after the French raid.

Last week, Bloomberg reported that the EU’s competition watchdog was informally gathering views on potentially unfair practices in the GPU market.

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Samsung will release the latest Quasar chips to compete with Nvidia

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Samsung will release the latest Quasar chips to compete with

Samsung’s contract chip manufacturing division has a new customer in the form of a Canadian startup called Tenstorrent, which develops chips with artificial intelligence technologies.

Tenstorrent is among a number of startups trying to compete with Nvidia, which dominates the AI ​​chip market. The company makes chips for data centers, but is also working to supply other markets, including automotive.

Samsung will release the latest Quasar chips to compete with Nvidia

Image by Midjourney

As part of the deal, Tenstorrent plans to use one of Samsung’s advanced manufacturing processes (4nm) to produce chips. Some of Tenstorrent’s chips are built using technology known as RISC-V, an open-source semiconductor architecture that competes with Arm and x86. However, the chip that Samsung will produce is called Quasar and is not based on RISC-V technology.

“Tenstorrent’s goal is to develop high-performance computing and deliver those solutions to customers around the world,” Tenstorrent CEO Jim Keller said in a statement.

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