NFPrompt, a key player in the AIWeb3 industry, has made waves with its recent announcement of a strategic partnership with Google Cloud for Startups. This partnership signifies a significant step forward in the quest for innovation within the AIWeb3 vertical. By joining forces with Google Cloud, NFPrompt aims to leverage cutting-edge technology and expertise to […]
ETH Targets $4K as Investors Stash $2.1B for the Long Haul
Ethereum has seen a surge in its market performance, largely attributed to significant catalysts driving investor sentiment. The successful execution of the Dencun upgrade testnet and the increasing interest in ETH ETF filings have fueled Ethereum’s bullish trajectory. Notably, there has been a notable shift in the investment horizon of Ethereum stakeholders towards long-term holding […]
Bitcoin’s Supply and Demand Imbalance in Limelight; Price Surge Ahead?
Bitcoin prices shot up to $63K during an upbeat trading session on Thursday. The bullish trading sentiments were buoyed by an increase in inflows for Bitcoin ETFs and risk appetite for investors. However, one elephant in the room that hasn’t been recognized yet is the supply and demand imbalance. Bitcoin Demand Stays Higher Than Supply […]
New York Community Bank (NYCB) Stokes Banking Failure as Shares Slump 21%
With a lot of adjustments going on in New York Community Bancorp (NYCB), the regional bank has seen a significant fall in its shares. Looming Strain for New York Community Bank Following a change in leadership as well as some internal control issues, NYCB shares fell by almost 20% in extended trading on Thursday. The […]
BlackRock Bitcoin ETF’s $600 Mln Inflow Outpaces Massive GBTC Outflow
In a whirlwind of activity in the ETF market, BlackRock’s Bitcoin ETF (IBIT) stood out as a stabilizing force, absorbing a staggering $600 million inflows amidst massive outflows from the Grayscale Bitcoin Trust (GBTC). However, the overall inflow figure for the Spot BTC ETFs was weak owing to the gigantic GBTC outflows. BlackRock Bitcoin ETF Saves […]
XRP Price Prediction As Overhead Supply at $0.6 Hints For Upcoming Correction?
XRP Price Prediction: The cryptocurrency market has been aggressively bullish since late February, projecting its sustainability above the $2 Trillion mark. While a majority of major coins rallied in tandem with Bitcoin, the XRP price showcased waning bullish momentum this week. From the last swing low of $0.534, the coin price jumped 11% to current […]
David Schwartz Advocates for Swift XRPL 2.1.0 Adoption by Validators
The XRP Ledger (XRPL) community, Ripple’s Chief Technology Officer, David Schwartz, has issued a call to action for validators and node operators. The message is clear: upgrade to the newly released version 2.1.0 of the ledger’s reference server implementation, known as rippled, by March 5. This directive underscores the importance of staying current with the […]
Tom Emmer’s Anti-CBDC Bill Getting Major “Coalition Support”
House Majority Whip Tom Emmer’s bill, the CBDC Anti-Surveillance State Act, has surged forward this week, amassing a remarkable 120 cosponsors and garnering support from a diverse coalition of stakeholders. The legislation, which aims to safeguard Americans’ financial privacy amidst concerns of potential surveillance and government overreach, has been hailed as a crucial step in […]
Crypto Gainers of the Week
The past week has been nothing short of exhilarating in the world of cryptocurrency, with several tokens making significant gains. These cryptocurrencies smashed over 100% in gains in the past week, according to CoinMarketCap. Let’s delve into the top 5 crypto gainers, dissecting their performance and exploring the factors contributing to their surge. Top crypto […]
Cathie Wood’s Ark Invest Offloads $52 Mln Coinbase & Robinhood Shares In A Week
Cathie Wood’s Ark Invest made significant adjustments to its portfolio this week, notably divesting shares of major crypto exchanges. The firm offloaded a massive stake in Coinbase Global Inc (NASDAQ: COIN) and Robinhood Markets Inc (NASDAQ: HOOD) this week. The move comes amid a rally in the digital asset market and its impact on the […]