In the crypto world, recent economic data causing inflation concerns led to a downturn in the market. The core personal consumption expenditures (PCE) price index surprised with a 2.8% year-over-year increase in March, fueling speculation about the Federal Reserve’s interest rates. Bitcoin, the trailblazer of cryptocurrencies, felt the heat and dropped from $67,000 to $63,352 … Read more
Zeebu and its token, ZBU, are disrupting the telecom sector by streamlining payments and settlements. The company recently announced that ZBU will be listed on a major exchange, introducing it to a new group of crypto investors and Web3 enthusiasts. The innovative telecom platform, Zeebu, and its associated token, ZBU, are disrupting the industry by … Read more
Panos Mekras, co-founder of Anodos Finance, addressed misconceptions about XRP Ledger’s Automated Market Maker (XRPL AMM) on social media recently. He clarified that providing liquidity is an separate income strategy and users don’t need to add XRP tokens they plan to hold. Mekras explained that as a liquidity provider, the focus should be on income … Read more
As a crypto investor and tech enthusiast, I’m excited about the massive potential of Artificial Intelligence (AI) projects in our modern world. Cathie Wood, the CEO of ARK Invest, shares my sentiment and believes that Tesla, led by Elon Musk, is set to win big in this sector. “Cathie Wood, the head of ARK Invest, … Read more
Solana Price Outlook: After a 5% intraday surge, Solana’s price looks primed for a potential bullish reversal. The altcoin is showing signs of shifting sentiment as it hovers above a support trendline, hinting at an uptrend. Based on my analysis, the symmetrical triangle pattern in its daily chart indicates a possible double-bottom formation. As a … Read more
As a crypto investor, I’ve been keeping an eye on Binance Labs, the venture capital arm of the Binance cryptocurrency exchange. According to a recent report from Root Data Labs, Binance Labs leads among top investment firms in terms of participation in Binance Launchpool projects. Amongst leading investment firms, Binance Labs, the investment branch of … Read more
Justin Sun, Tron’s founder, expressed his belief that the SEC won’t approve a spot Ethereum ETF in May based on their current knowledge gap about crypto. He urged the industry to focus on educating regulators and be prepared for a long-term process. Due to the SEC’s delay in approving spot Ethereum ETFs up until now, … Read more
The cryptocurrency market has been uncertain lately, with Bitcoin’s price hovering around $63,000 amid investor sentiment uncertainty regarding Bitcoin Halving. In contrast, Pepe, the memecoin with a frog theme, has defied this trend and shown notable growth, rising 65% from its swing low of $0.0000046 to trade at $0.0000076. As an analyst, I’ve noticed that … Read more
Elon Musk, CEO of Tesla, has revealed that the company will invest around $10 billion this year in artificial intelligence (AI) development. This investment will primarily go towards enhancing Tesla’s vehicles’ autonomous driving capabilities, specifically through improving its Full Self-Driving (FSD) software. With Autopilot and FSD being some of the most advanced driver-assist systems on … Read more
Polkadot (DOT) has underperformed in recent weeks, but top market analyst Michael van de Poppe believes AI could boost its performance soon. He’s identified a cycle low for DOT, which was around $6.85 at the time of writing. The price had risen by 6% in the previous 24 hours, closing some of the 1.27% drop … Read more