Everyone is eagerly awaiting the upcoming Bitcoin halving event next week, which will create a supply shock in the market and thus Bitcoin price higher. However, for crypto miners, it could pose an uphill challenge triggering a multi-billion dollar decline in revenue. Bitcoin Miners Stare At $10 Billion In Losses Around April 20, the Bitcoin […]
Binance Labs Leads SkyArk Chronicles $15 Mln Funding Round
SkyArk Chronicles, a Triple-A gaming platform, completed a funding round of $15 million on Friday, January 12, 2024. Binance Labs, the world’s leading crypto exchange Binance’s investment wing, led this funding round. In addition, more than 40 institutions participated in the funding round. SkyArk Raises $15 Million In Funding Round The one-of-a-kind gaming ecosystem has […]
Crypto Prices Today April 15: Bitcoin At $65K, ETH Above $3100, XRP & SOL Rebound
The top crypto prices today witnessed a rebound as the Bitcoin (BTC) price surged past the $65,000 level. In addition, the Ethereum (ETH) price surpassed the $3,100 mark. Meanwhile, other top altcoins, such as Cardano (ADA), Solana (SOL) and XRP noticed a significant gain. Major Crypto Prices Today The Bitcoin price was up by 1.40% […]
Just In: Genesis Global Trading Inks $8M Settlement With NYDFS
According to a signed consent order, the New York State Department of Financial Services (NYDFS) has agreed to the Genesis Global Trading settlement deal which includes an $8 million penalty payment. Genesis Forfeits its BitLicense On Friday, Digital Currency Group (DCG) subsidiary Genesis Global Trading agreed to the settlement with NYDFS on the premise that […]
Top Analyst Warns $3B Short Liquidation If Bitcoin Price Hits This Level
In a recent YouTube update, renowned crypto analyst Crypto Rover delved into the ongoing consolidation phase of Bitcoin (BTC). In addition, he emphasized the potential for significant short liquidations if Bitcoin price touches $71,900. Rover highlighted the massive liquidity buildup on the upper side of the range. Analyst Warns Against Massive BTC Short Liquidation In […]
OpenAI ChatGPT Might be Getting Lazier, Here’s How
It is generally believed that the flagship OpenAI ChatGPT app might be getting tired already as there has been a rise in the number of individuals complaining about the Artificial Intelligence (AI) chatbot’s laziness. OpenAI ChatGPT Reacts to User’s Requests Several people have discovered that there are times when the AI tool fails to do […]
Crypto Exchange VALR Receives Regulatory Nod in South Africa
VALR, a South African crypto exchange, has been awarded Category I as well as Category II licenses by the Financial Sector Conduct Authority (FSCA). This approval is a regulatory milestone for the Johannesburg-based company, which is among one of the first cryptos to get such dual-category licenses under the new cryptocurrency regulatory framework of South […]
Miller Value CFA Advocates MicroStrategy Stock Over Bitcoin ETF
Bill Miller IV, CFA at Miller Value Partners, stated that he believes investing in the MicroStrategy (MSTR) stock is better than choosing Spot Bitcoin ETFs. He shed light on the shortcomings of these ETFs, including liquidity restrictions. In addition, he encouraged investors to invest in MSTR to indirectly bet on Bitcoin (BTC). Why is MicroStrategy […]
Bitcoin’s Funding Rate and Resistance Threatens Price Rebound
Bitcoin (BTC) faces possible resistance as its price fall entered its third day despite initial recovery efforts. Bulls continue to protect high lines for the market leaning on spot ETF inflows and the upcoming halving. However bearish traders say the price will not rally as anticipated based on macro and industry factors. A new analysis […]
Vanguard May Reconsider Bitcoin Stance, Analyst Suggests
Vanguard, a renowned investment firm, is speculated to shift its longstanding anti-Bitcoin stance, according to insights from Bloomberg’s senior analyst Eric Balchunas. Despite Vanguard’s current direction, Balchunas hints at possibly reevaluating this policy in the foreseeable future, aligning with the firm’s expanding advisory services and the need for diverse investment portfolios. Vanguard’s Current Position and […]