Non-fungible token (NFT) marketplace Magic Eden has rolled out an incentivization scheme for its collectors, and creators. Magic Eden to Give Back to Contributors For a long time, Magic Eden has channeled effort and resources into designing a long-term cross-chain NFT reward program. The scheme aims to give back to contributors to the ecosystem. Magic […]
Tesla Sold None Of Its $711M Bitcoin (BTC) In Q1
Electric automobile manufacturer Tesla says it did not sell a single Bitcoin (BTC) from its large holdings in the first quarter of this year. Bitcoin ATH Pushed Tesla’s Profit Margin The leading car manufacturing company currently has a portfolio of 9,720 Bitcoin units after successfully selling off 75% of its holdings in 2022. This current […]
Apple Accelerates AI Ambitions Challenging OpenAI’s ChatGPT
In a strategic move towards the future, Apple is silently ramping up its artificial intelligence (AI) endeavors, aiming to reshape the capabilities of its upcoming iPhones. Through a series of acquisitions, key hirings, and hardware updates, the tech behemoth is poised to challenge the forefront of AI innovation. Notably, this shift not only marks a […]
Spot Ethereum ETF: Grayscale Files Form S-3 Amid SEC’s Delayed Decision
Grayscale, a leading asset manager in the crypto space, has taken significant strides in its pursuit of a Spot Ethereum ETF. In a recent development, the company filed its Form S-3 with the U.S. Securities and Exchange Commission (SEC) to convert its Ethereum Trust into a Spot Ethereum ETF. Grayscale Files Form S-3 For Spot […]
Solana Foundation Launches SPL Token Extension Standards
The Solana Foundation has introduced SPL “token extensions,” marking the evolution of the SPL Token standard on the Solana network. Over 2023, the Solana developer ecosystem continued to expand steadily, and in the past three months, its developer retention rate increased by 50%. Features Redefining the SPL Token Extensions This significant growth is poised to […]
Crypto Price Prediction 4/24: Meme Coins Lead Market Rally With Double-Digital Gains
Crypto Price Prediction: The cryptocurrency market has witnessed a fresh relief rally since last week following the completion of Bitcoin Halving. The renewed demand pressure signaled a local bottom formation for BTC at $60000, propelling its price to $67000. Moreover, Santiment reports that Bitcoin whales holding 1,000 to 10,000 BTC have bolstered their positions, accumulating […]
Jim Cramer Spots “Strong” Start For Bitcoin As Price Consolidates
The price of Bitcoin (BTC) has seen a slight recovery and CNBC Mad Money Host Jim Cramer has acknowledged the sudden positive sentiment the coin has picked up. Jim Cramer and His Bitcoin Forecast Record After closing under $38,000 earlier this week, Bitcoin began to consolidate gradually. Currently, Bitcoin is trading at $40,083.70 with a […]
AI News: Cognition Labs Hits $2B Valuation After $175M Funding
After several months of seeking a $2 billion valuation, six-month-old Cognition Labs has now hit the milestone. This record is a reflection of investors’ growing interest and confidence in the potential of the Artificial Intelligence (AI) startup. From a $350M Valuation to $2B In a recent fundraiser, Cognition Labs secured $175 million, led by Peter […]
SatoshiVM Whales Accumulate More Tokens As SAVM Price Crashes 30%
SatoshiVM (SAVM), Bitcoin Layer 2 project, has grabbed the eyeballs of crypto industry participants owing to its gigantic gains followed by dumps. Lately, the SAVM price plunged over 30%, which was its biggest hit since its inception. However, whales have continued accumulating SAVM as they might be considering the ‘buy the dip’ terminology here. SatoshiVM […]
Upbit Takes A Spot In Top Five Crypto Exchanges Challenging Binance, Coinbase
Asia cryptocurrency markets are seeing a strong revival once again as the South Korean crypto exchange Upbit now occupies a spot along the top five global exchanges. Recent market reports suggest that the Korean Won has displaced the USD as the most-used fiat currency for swapping in and out of BTC and other digital assets. […]