The post Grayscale Bet on AI & Smart Contracts With New Crypto Trusts appeared on BitcoinEthereumNews.com. Grayscale Investments has expanded its portfolio with two new offerings: the Grayscale Bittensor Trust and the Grayscale Sui Trust. According to the details from the press release, the newly launched trusts focus on two distinct areas of the blockchain […]
Arbitrum Update: Bridged USDC Can Now Be Used for Gas Fees, Making Transactions Smoother
TL;DR Arbitrum has integrated USDC as a custom gas token for Orbit chains, simplifying transaction fee payments and improving cost stability. The incorporation of USDC offers predictability in transaction costs and eliminates the need for multiple tokens to cover gas fees. Developers will be able to apply for grants through Circle’s USDC Grant Program and […]
WhoMadeWho, Da Capo to Headline AFTER 2049, Singapore’s Biggest Pre- Formula 1 Party
The post WhoMadeWho, Da Capo to Headline AFTER 2049, Singapore’s Biggest Pre- Formula 1 Party appeared on BitcoinEthereumNews.com. TOKEN2049, the world’s largest Web3 and crypto conference, has announced a star-studded DJ line-up for AFTER 2049, the official closing event of this year’s highly anticipated Singapore edition. Making their eagerly awaited debut in Singapore, award-winning trio […]
On-Chain Metrics Signal 40% Potential Rally Ahead
The post On-Chain Metrics Signal 40% Potential Rally Ahead appeared on BitcoinEthereumNews.com. Shiba Inu price suffered a steep correction in the August 4 market crash. Despite the following recovery, SHIB struggles to reclaim its previous highs as the market remains fearful. SHIB price dropped by 2.5% on Wednesday as on-chain metrics signal a bullish storm […]
Render Price as Bears Hold Market; Will Bulls Reclaim Control?
Render price has seen a notable fluctuation recently. After the market recovery on the previous day, trading patterns showed significant activity, with bulls and bears competing vigorously. The tug-of-war between buying enthusiasm and selling pressure created dynamic price movements. This volatility reflects the broader market sentiments, as most cryptocurrencies have seen similar trends. Render Price […]
‘The Printer Cometh’ – Bitwise CIO Matt Hougan Says He’s Betting on Crypto Reversal After Market Crash
The post ‘The Printer Cometh’ – Bitwise CIO Matt Hougan Says He’s Betting on Crypto Reversal After Market Crash appeared on BitcoinEthereumNews.com. Bitwise’s Matt Hougan says that the recent crypto market correction is reminiscent of March 2020 – a big opportunity for bulls. Hougan says on the social media platform X that the Covid-induced crash […]
Crypto Market Stands Strong Despite Recent Crash — A Look at 2024’s Unique Trends
TL;DR The most severe crypto market correction remains that of March 2020, with a 39.6% drop in a single day, reducing the market capitalization to $135.14 billion. In 2024, the largest decline has been 8.4% on March 20, and the recent August correction has not been significant enough to qualify as a correction. Historically, the […]
Japan’s Metaplanet Plans Massive Bitcoin Investment: $70 Million
The post Japan’s Metaplanet Plans Massive Bitcoin Investment: $70 Million appeared on BitcoinEthereumNews.com. A renowned Japanese public company has publicly announced its plans to raise $60 million from its shares to increase its Bitcoin (BTC) holdings to $70 million. According to them, Bitcoin has the potential to appreciate in the long term while acting as […]
Top AI stock for end of 2024?
The post Top AI stock for end of 2024? appeared on BitcoinEthereumNews.com. So far in 2024, the winner of artificial intelligence (AI) rally has been clear, as Nvidia (NASDAQ: NVDA) recorded 116.42% year-to-date gain, compared to a negative performance of 6.06% from its main competitor, Advanced Micro Devices (NASDAQ: AMD) over the same period. NVDA […]
Rumors Elon Musk’s X nears payment system launch, battles advertisers in court
The post Rumors Elon Musk’s X nears payment system launch, battles advertisers in court appeared on BitcoinEthereumNews.com. Social media platform X (formerly Twitter) may be approaching its payment system goals, according to independent app researcher Nima Owji. On Aug. 5, Owji revealed that X was developing a “Payments” button for its navigation bar. The button, […]