Mercado Libre Reports $29M in Bitcoin Holdings in SEC Filing

According to the recent Securities and Exchange Commission (SEC) filing, MercadoLibre, the largest e-commerce platform in Latin America, revealed that its Bitcoin holdings stand at $29 million as of March 31. The disclosure indicates the company’s integration of cryptocurrency earlier communicated in 2021, revealing its participation in digital assets despite the volatile market conditions. Amid […]

Solana Price Prediction: $120 Target In Sight After Holding $95 Support?

Solana price prediction: SOL market trajectory in February 2024 appears optimistic, with the cryptocurrency showcasing a bullish trend. In the last 24 hours, a significant increase of 1.77% has been seen, reaching $95.33. This rise follows a short spell of downward pressure that saw SOL dip below the key support level of $95 the previous […]

Crypto Price Prediction: Top Meme Coins to Focus As $BTC Sparks Fresh Rally Above $63k

Crypto Price Prediction: This week, the cryptocurrency market experienced significant volatility, with Bitcoin displaying a dramatic price fluctuation from a high of $67,441 to a low of $56,500. Despite early week sell-off, a resurgence in demand helped push the BTC price back up to $63,700 and restored the market fear and greed index at 69%(Bullish) […]

Token Creator Snap Inc. Shares Decline Following Disappointing Quarterly Results

SNAP token creator, Snap Inc posted disappointing quarterly results, fanning concerns about the firm’s future. Snapchat parent’s result failed to meet Wall Street expectations after it posted a 5% increase in revenue for the fourth quarter. The shares of the company slumped over 30% reflecting investor dispiriting. Snap Inc quarterly results miss expectations According to […]

Jack Dorsey Steps Down from Bluesky Board, Praises Elon Musk’s X

Jack Dorsey, the co-founder of Twitter, now known as X, has made headlines by announcing his departure from the board of Bluesky, another social media platform. Meanwhile, the announcement of the recent departure has raised queries among tech market enthusiasts over the potential reason behind the move. In addition, this move comes along with an optimistic tone […]

Chinese Bitcoin Miners Flock to Ethiopia for Cheap Electricity, the New Mining Haven?

The latest report suggests that Chinese Bitcoin miners have been moving their base to the African nation of Ethiopia amid the region’s remarkably low electricity costs and the crypto-friendly nature undertaken by the local government. Despite maintaining a ban on cryptocurrency trading, Ethiopia embraced Bitcoin mining in 2022, aligning with its efforts to strengthen ties […]

Grayscale GBTC Stock Rose 5% Sequel To First Inflow Since Launch

Grayscale Bitcoin Trust (GBTC) experienced a notable surge of 5% in premarket trading on Monday, marking a significant milestone with its first day of inflow since January. This influx of investment represents a pivotal moment for GBTC, which underwent a transition from a trust to an easily tradable ETF earlier in the year. The trust […]

Ben Armstrong Predicts Ripple Vs. SEC Settlement Amid Bullish XRP Outlook

Renowned crypto influencer Ben Armstrong, also known as BitBoy Crypto, has stirred anticipation in the digital currency sphere with his bold prediction regarding the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC). Notably, Armstrong forecasts a potential settlement in the Ripple vs. SEC case, coupled with Ripple’s strategic moves towards […]

Binance Kazakhstan Manager Bags Ministerial Appointment

In a recent development in the crypto space, Zhaslan Madiev, the General Manager of the Kazakhstan division of the Binance crypto exchange has been appointed as the Minister of Digital Development in the country. This update was announced by Binance’s CEO, Richard Teng in a post on social media platform X. Implications for Binance in […]

AI Competition Heats Up as Google Unveils Subscription Model for Gemini AI Bot

Google is all set to rebrand its Gemini AI bot, in an attempt to be ahead in the artificial intelligence race. According to a Yahoo Finance report, Google is making significant improvements to its generative AI bot Bard, and releasing a new premium edition for users. The move will better place the tech giant in […]