The U.S. Securities and Exchange Commission (SEC) is facing criticism from influential figures in the finance and crypto sectors over its approach to crypto exchange-traded funds (ETFs). The SEC has not yet approved any spot Bitcoin ETFs, which would track the price of the underlying asset, despite the growing demand and optimism from the market. […]
MicroStrategy Expands Bitcoin Portfolio to Nearly $6 Billion in Latest Purchase
MicroStrategy, led by Michael Saylor, continues its Bitcoin acquisition, purchasing 14,620 more bitcoins at an average price of about USD $42,110 each, increasing its total holdings to 189,150 bitcoins. Michael Saylor predicts Bitcoin will reach USD $10 million per coin within 25 years, stabilising at an annual growth rate of 15%, and believes many will […]
Cathie Wood Bullish on Solana, Points to Developer Engagement
Cathie Wood, The Ark Invest founder praised Solana’s resilience after the FTX exchange collapsed and cited its strong developer support. Wood credits developer confidence for Solana’s recovery and sees smart contracts and DeFi projects gaining prominence. Global Macro Investor CEO advises investors to be wary of FOMO and suggests a long-term HODL strategy is the […]
Ripple May Dump Over 96 Million XRP Soon
Ripple’s strategic handling of 240M XRP in December 2023 stabilized the market and may influence future cryptocurrency dynamics. (Read More)
EOS Price Analysis: Rally Extends, Bulls Aim For $1
EOS price started a fresh increase above the $0.78 resistance against the US Dollar. The price is now trading above $0.80 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $0.855 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair […]
End of the Road for Bonk? Solana Meme Coin Nosedives Towards Zero
Solana’s price has burst past USD $100, with native memecoin BONK caught up in the hype. However, the bubble appears to have burst, with BONK trading 21% lower over the past 24 hours. It appears BONK’s peak coincided with the news of the Solana phone, Saga, selling out. Meme coins are extremely volatile and are […]
Bitcoin Price Prediction: ETC Group Anticipates Surpassing $100,000 By End 2024
Numerous price predictions have emerged as the Bitcoin price continues to demonstrate significant growth throughout the year, fueled by factors such as the upcoming halving event and potential approval of a spot Bitcoin exchange-traded fund (ETF) by the US Securities and Exchange Commission (SEC). Notably, the ETC Group has released a comprehensive report shedding light […]
Etihad Airways taps AI to improve flight safety protocols
Etihad Airways is integrating artificial intelligence for safety using TF-IDF , Google BERT, and Microsoft Azure, driven by partnership with MBZUAI for widespread AI adoption in airline operations. […] Read More… The post Etihad Airways taps AI to improve flight safety protocols appeared first on CoinGeek.
Curve Founder Moves Over 23 Million CRV To Binance, Is It Time To Take Profit?
Curve Finance founder Michael Erogov has moved over 23 million CRV, the native governance token of the Curve DAO, to Binance, the world’s leading cryptocurrency exchange, over the last five days, The Data Nerd, on December 27, shows. The founder moved 2.5 million CRV on December 27. This transfer may ruffle investors, raising concerns because it could […]
Good news for Bitcoin miners as this metric reaches new ATH
The Bitcoin network difficulty has gone over 72 trillion. Miners have also been seeing increased revenue as difficulty increases. Recently, Bitcoin [BTC] experienced increased activity on its network, leading to changes in mining difficulty. This increase in difficulty contributed to a rise in miners’ revenue, which reached a yearly high. Bitcoin gets more difficult An […]