During times of significant market fluctuations, the price of Dogecoin, which is based on the theme of dogs, has managed to hold onto its gains over the past month. April has seen significant volatility for cryptocurrencies, with most coins dropping from their previous peaks. Among them, Bitcoin, which was once worth around $73,750 at its … Read more
Qtum Foundation recently revealed the activation of 10,000 GPUs for its new blockchain AI platform. This decision signifies a major change for Qtum, as they now prioritize artificial intelligence projects over cryptocurrency mining. Miguel Palencia, CO-founder and COO of Qtum, underlined the importance of this shift, boosting the legitimacy of their AI endeavors. The timing … Read more
For decades, the enigmatic founder of Shiba Inu, referred to as Ryoshi using a pseudonym, has made numerous statements. Recently, one of these past comments was shared by the CEO of SHIB‘s collaborator, K9 Finance. In his message, Ryoshi speaks about scammers and his job to defend Shiba Inu and its community. Ryoshi’s old message … Read more
At CoinMarketCap, it was noted that buyers were unable to take control of the market as most cryptocurrency coins continued to decline in value. SHIB/USD The rate of SHIB has increased by 0.59% over the last day. On the hourly chart, SHIB‘s price trend appears more optimistic than pessimistic as it is approaching resistance levels … Read more
Tether, the organization responsible for USDT, a popular stablecoin, has unveiled a major restructuring and growth plan. This plan includes creating four distinct business units: Data, Finance, Power, and Edu. The goal is to go beyond just the USDT product and expand its reach and uses in diverse areas of technology and finance. Paolo Ardoino, … Read more
The CEO of Cardano Foundation, Frederik Gregaard, has made an inspiring statement indicating that Cardano is about to enter a fresh chapter in decentralized management: A time of great anticipation and potential for Cardano lies ahead. In his latest tweet, Gregaard announces the approaching unveiling of an intermediate constitution for Cardano, marking a step forward … Read more
Elon Musk, founder of xAI and CEO of various thriving tech businesses including the X platform, has raised an alarm on his X account about the current direction of AI development. Except for the Grok AI bot, a creation of his own company, which he maintains oversight of. Musk reacted to an interview given by … Read more
The price of Bitcoin took a dive from its record-breaking peak, succumbing to the loss of momentum and dipping below key support zones at approximately $68,300 and $63,400. Predictions suggested that a drop below $60,000 was imminent for some consolidation before potential upward growth. Today, Bitcoin reached a low of $59,768. It’s been speculated that … Read more
During this volatile time for cryptocurrencies, the drop in Bitcoin‘s price has been connected to withdrawals from the US Spot Bitcoin ETF. Yet, there is some good news, as Eric Balchunas, a senior ETF analyst at Bloomberg, presents a new perspective. He points out that the outflows are not as significant as they may seem. … Read more
The Omni Network tackles the problem of Ethereum rollups fragmentation by providing a solution for developers to build global applications. It ensures security through Ethereum’s foundation via EigenLayer restaking. However, the value of Omni Network has decreased due to an extended market slump. Omni Network Price Prediction: Will OMNI Reclaim Its Peak? The price of … Read more