In the face of increasing geopolitical conflicts between Israel and Iran, causing tensions to rise, Bitcoin and the cryptocurrency market experienced a setback. The price of Bitcoin dropped below $60,000 for the second time this week. Fear is back in the markets as investors shift their funds towards safer assets such as Gold, Bonds, and … Read more
On April 19, 2021, remarks from Bitwise CEO Hunter Horsley about Bitcoin‘s price after the halving have generated significant buzz in the cryptocurrency community. In a recent post, Horsley expressed his continued optimism that Bitcoin could reach $100,000, despite the digital currency’s increased volatility following today’s halving event. Let’s delve deeper into why Hunter Horsley … Read more
During an interview with FOX Business, Ripple CEO Brad Garlinghouse shared information about Ripple’s ambitious goals for development over the next three years. Notable plans include introducing a stablecoin backed by the US dollar and expanding into international markets, all while facing regulatory hurdles in the United States. Ripple CEO Unveils 3-Year Growth Plan When … Read more
Today, the leaders in cryptocurrency showed varied performance. While Bitcoin (BTC) soared past $62,000, Ethereum (ETH) had a harder time staying above $3,000. Notably, some other major altcoins like Cardano (ADA) and XRP experienced significant declines. However, Solana (SOL) bounced back. Major Crypto Prices Today The cost of Bitcoin rose by 1.25 percent and hit … Read more
Tether’s USDT stablecoin, which has gained a large market share, has seen significant advancements recently. However, there have been concerns about the reserves backing up these coins. In just the past week, Tether released an extra $2 billion worth of USDT into the market. With increasing calls for transparency, Tether’s CEO, Paolo Ardoino, has expressed … Read more
Meta Platforms has unveiled preliminary versions of its advanced large language model, named Llama 3. By doing so, Meta aims to strengthen its stance in the rapidly advancing AI sector. These initial releases come with two adaptations, each boasting impressive computational power. Meta intends to utilize these capabilities to enhance its virtual assistant and integrate … Read more
A large investor in Dogecoin, referred to as a “whale,” has been generating buzz and excitement among the crypto community by purchasing a substantial amount of DOGE tokens from an exchange. According to on-chain data, this whale has been accumulating tokens, with their most recent purchase consisting of 300 million DOGE, which is currently valued … Read more
Kraken, a well-known cryptocurrency exchange, is broadening its regulatory reach by purchasing TradeStation Crypto. TradeStation Crypto To Unlock New Opportunities TradeStation Crypto represents the digital asset division of TradeStation Group, which is affiliated with Monex Group. According to a representative from Kraken, this deal is aimed at strengthening Kraken’s presence in the US market. The … Read more
PEPE, the memecoin, has experienced withdrawals that have erased some of its past profits generated during the meme craze. At present, PEPE‘s price moves in sync with other memecoins undergoing outflows as a result of crypto asset sell-offs. PEPE’s price has risen to 0.000005057, a 0.83% increase over the last 24 hours. This uptick for … Read more
Starting from April 25, 2024, at 9:00 UTC+30, Coinbase International Exchange and Coinbase Pro will collaborate to introduce Dogecoin (WIF) perpetual futures trading for their non-US clients. This expansion marks a significant milestone in broadening the selection of goods on the exchange, particularly in the derivatives sector, which has witnessed considerable expansion recently. Regulatory Milestones … Read more