A team of former FTX and Alameda Research employees have secured $17 million in funding to establish Backpack, a crypto exchange. Moreover, the team has stepped in to address the gap left by the downfall of their former employer Sam Bankman-Fried’s crypto empire. Former FTX & Alameda Employees Acquire $17 Million Seed Funding Backpack, headquartered […]

AI demand and market outlook have skyrocketed in the past few weeks. Factors like feasibility, ease of operations, and higher demand have the artificial intelligence industry looking forward to a higher growth prospect. Amidst the growth opportunities for AI, market participants are now betting on AI and robotics-focused ETFs. AI ETFs to Likely Capture Market […]

Business intelligence firm Microstrategy (MSTR) has been leading by example on how can a company change its fortunes by betting big on Bitcoin. On Wednesday, February 28, the Microstrategy (MSTR) share price registered 10% gains for the second consecutive day closing at $962.95. In the aftermarket hours, the MSTR stock has surged by an additional […]

Crypto futures trading allows traders to predict future price movements and enter agreements to buy or sell assets at predetermined prices on future dates. However, it calls for traders to address and stay strong in the market with higher crypto volatility. In this segment, each market fluctuation becomes an opportunity – and whether you make […]

Ethereum has performed exceptionally well in the last few days and is trading at $3,479.70 after crossing the $3500 mark a few hours ago. Ethereum gained a significant hike this month after strangling below $3000 for months. One question that comes to mind is whether Ethereum will be able to hit $4k or it won’t. […]

OpenAI has reportedly won a case to keep the name “OpenAI” as its trademark. According to Reuters, Sam Altman’s firm blocked another company’s use of the trademark name in commerce. The court case win comes at a time when the firm is already battling a few other legalities. OpenAI Wins Trademark Battle According to Reuters, […]

In a week where Bitcoin showcased outstanding growth, the spotlight turned to alternative investment opportunities, particularly Solana (SOL). As per CoinMarketCap data, Solana emerged as the top gainer among the leading cryptocurrencies, witnessing a remarkable increase in value by 34.37%. Let’s delve into the factors driving this surge in Solana’s price. Solana Price Market Performance […]

In a thrilling turn of events, a top crypto market analyst going by the name Dark Defender, recently proclaimed XRP, a Ripple-backed cryptocurrency, to be potentially gaining a bullish momentum ahead and reaching $1, propelling immense optimism across the crypto space. Following a nearly 20% rally witnessed by XRP over the last month, February, the […]

Bitcoin ETFs have smashed records this week. With more and more influx of capital, each day the Bitcoin ETFs have kept the prices of BTC afloat. Despite constant outflows since inception, Grayscale has kept its optimistic stance constant for Bitcoin ETFs. In a recent interview, Grayscale’s Global Head of ETFs expressed his positive stance on […]

The Uniswap Foundation has announced a proposal aimed at upgrading protocol governance, specifically focusing on the redistribution of protocol fees to UNI token holders. Snapshot voting for the proposal has commenced, with voting open until March 7. The proposal entails upgrading the owner of the mainnet UniswapV3Factory contract, allowing for permissionless and programmatic collection of […]