FTX Estate to Monetize AI Investment, Seeks Sale of Anthropic Shares Amid Bankruptcy Proceedings
In a significant move within the crypto bankruptcy landscape, FTX Trading Ltd. has announced its intention to sell its equity interests in the artificial intelligence (AI) firm, Anthropic PBC. Holding close to an 8% stake, valued between…
BNB Price Increase To Continue? This Resistance Could Trigger Fresh Rally
BNB price is attempting a fresh increase from the $288 zone. The price could start a fresh rally if there is a clear move above the $310 resistance. BNB price is showing bullish signs above the $300 pivot level. The price is now trading below $310…
Ethereum Bears Keep Pushing, Why Decline Isn’t Over Yet
Ethereum price is again moving lower from the $2,325 resistance. ETH could decline heavily if there is a move below the $2,270 support zone. Ethereum is showing a few bearish signs from the $2,325 zone. The price is trading below $2,300 and the…
Bitcoin Pioneer Nayib Bukele Reelected in El Salvador by a Landslide
President Nayib Bukele, a pioneer in introducing the law that made bitcoin legal tender in El Salvador, has been reelected as president of the country in the ballot completed on Sunday. The Latam leader, who will reportedly continue implementing…
Bitcoin Price Stuck In Range, Can BTC Bulls Save The Day?
Bitcoin price struggled to continue higher above the $43,800 resistance. BTC is moving lower and might decline heavily if it breaks the $41,800 support. Bitcoin price is declining from the $43,800 resistance zone. The price is trading below $42,800…
Coinbase Sees Positive Setup for Bitcoin as Exhaustion Hits Factors Pressuring BTC
Cryptocurrency exchange Coinbase says many technical factors pressuring bitcoin, and crypto more broadly, are starting to be exhausted. “We expect macro factors to become more relevant for the digital asset class in the weeks ahead, which…
Latam Insights: El Salvador Reinforces Its Bitcoin Allegiance, Milei Drops Crypto From Omnibus Bill
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: El Salvador to deepen its Bitcoin commitment if President Bukele gets reelected, Argentine President Javier…
Bitcoin Holders Moving Big: Number Of Whale Wallets Reaches Highest Count In 15 Months
Bitcoin, the largest crypto asset, is currently at a standstill from the viewpoint of many investors considering current market factors. The crypto mostly traded between $41,000 and $45,500 last week after recovering from a brief dip below $40,000…
Chainlink Price Stalls As $287 Million Worth Of LINK Makes Its Way To Binance
The price performance of Chainlink is one of the previous week’s biggest narratives, rivaling Bitcoin making its way above $43,000 again. According to data from CoinGecko, the altcoin recorded a significant 25% price increase in the last…
Commodity Analyst Mike McGlone Says Gold Glitters Over Bitcoin as Crypto-to-Metal Ratio Plunges Post-2021
Bloomberg’s commodity market expert Mike McGlone warns of a potential downturn for bitcoin, highlighting its disappointing performance against gold since its peak in 2021. On Sunday, McGlone pointed out that the bitcoin/gold ratio had…
XRP Ledger, created by Ripple Labs Inc., is an open-source blockchain technology and digital asset. This means that developers can contribute to its development and enhance its functionality. XRP serves as the native cryptocurrency of the XRP…
9 New ETFs Capture 177,949 Bitcoin, Pulling Nearly 40M BTC off Market After GBTC Outflows
In the latest reports, a number of the nine spot bitcoin exchange-traded funds (ETFs) that were launched on Jan. 11, 2024, have increased their bitcoin holdings following the last day of trading activity recorded on Feb. 2, 2024. According to the…
The $50K Quest: Bitcoin Oracle’s Pre-Halving Proclamation Sparks Excitement
As the eagerly awaited Bitcoin halving event approaches in April, cryptocurrency analysts are engaging in spirited discussions about the potential trajectory of the leading cryptocurrency’s price. Offering his insights, Michaël van de Poppe…
The Kaspa (KAS) blockchain is a decentralized, open-source, and scalable Layer-1 solution often referred to as “Bitcoin 2.0” or “the next Bitcoin.” However, Kaspa is unique in its own way despite functioning very similarly…
Socialfi’s Shining Star Friend.tech Dims: A Tale of Decline and Disinterest
Just a few months back, social finance (socialfi) platforms were the talk of the town, with Friend.tech leading the charge amidst surging popularity. Yet, as the curtains closed on October 2023, this once-celebrated socialfi platform witnessed a…
Genesis Seeks Court Approval to Offload $1.4 Billion in GBTC Assets Post-SEC Settlement
After reaching an agreement with the U.S. Securities and Exchange Commission (SEC), the bankrupt company Genesis Global Capital has submitted a petition to the bankruptcy court to dispose of holdings from Grayscale’s Bitcoin Trust, Ethereum…
Bit.Store and Gate Pay Unveil Gate MiniApp Collaboration for Enhanced Crypto Card Services
PRESS RELEASE. Bit.Store, a leading innovator in cryptocurrency card solutions, is thrilled to announce its strategic partnership with Gate Pay, one of the world’s premier cryptocurrency exchanges. This collaboration introduces a…
BRC-20 tokens open doors for developers to build their own decentralized applications (dApps) with unique economies on the Bitcoin network. This fosters community engagement through internal currencies, and attracting investment through innovative…
Bitcoin’s Fourth Halving, Nigerian Currency Plunges, Canadian Court Rebukes Trudeau, and More — Week in Review
Anticipation is high for Bitcoin’s fourth network halving. Meanwhile, the Nigerian currency has hit a new low against the U.S. dollar, while in Canada, the Federal Court declared the freezing of crypto donations during the 2022 “Freedom…
Cardano Heats Up: Transactions Break Past 4 Million As Ecosystem Thrives
Cardano, a blockchain platform known for its research-oriented strategy and eco-friendly Proof-of-Stake consensus, is experiencing substantial growth. Increased transaction volumes, a variety of project launches, and active development within its…
DOJ Charges Belarusian National With Money Laundering Conspiracy and Operating Unlicensed Crypto Exchange
The United States Department of Justice (DOJ) has charged the Belarus national Aliaksandr Klimenka with money laundering conspiracy and the operation of an unlicensed money services business. Most of these criminal activities were perpetrated via…
Bitcoin SV (BSV) Price Dips Following Coinbase Delisting
Bitcoin SV (BSV), a hardfork of the Bitcoin token, has drawn much attention in the last day after top American exchange Coinbase announced its termination of support for the asset. Following this news, BSV’s price has taken a hit, falling by over…
Nigeria Forex Crisis: Central Bank Removes Cap on Exchange Rate for International Money Transfer Operators
The Central Bank of Nigeria announced on Jan. 31 that it had removed caps on naira payout rates that international money transfer operators are allowed to quote. The central bank said the policy change is an effort aimed at further liberalizing the…
How To Create And Mint Your Own NFTs On The Ethereum Network
The allure of creating your own NFTs and BRC-20 tokens is undeniable. For artists, owning and monetizing their digital creations through NFTs offers a new level of control and potential financial reward. Beyond the realm of art, NFTs can foster…
Ethereum Exodus: The Inside Scoop On The Massive $500 Million Weekly Flight
Ethereum (ETH), the world’s second-largest cryptocurrency by market cap, has seen a significant exodus from centralized exchanges in recent weeks, with data suggesting a growing preference for holding the asset outside of trading platforms…
Crypto Fraud-Accused Denver Pastor Preaches Finance in Zambia Just Days After Skipping U.S. Court
A Denver pastor, accused of crypto-fraud, has been spotted in the Zambian capital just days after he reportedly failed to appear in court. The pastor, Eligio Regalado, said about half of the misappropriated $1.3 million went to the IRS. Denver…
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