The Nvidia GPU Technology Conference (GTC) on March 18-21 will be a major push for artificial intelligence (AI) as the world’s leading technology company Nvidia goes for transformative moment on AI. With blockchain and crypto companies available in the conference, Nvidia will unleash the power of AI with its AI supercomputer, generative AI, Nvidia Picasso, […]
What are the Implications of Bitcoin and Ethereum ETNs?
The Financial Conduct Authority (FCA) in the UK have made an approval for professional investors to issue crypto-backed exchange-traded notes (ETNs). The FCA’s decision on March 11, 2024, means that highly recognized investment exchanges can now create a UK-listed market segment for these products. The London Stock Exchange Group (LSEG) has already announced that it […]
US Election 2024: Crypto Voters Swing Towards Trump in Election Poll
According to a Paradigm survey, a cryptocurrency investment company, the U.S. voters who have cryptocurrency seem to favor the Republican presidential nominee, Donald Trump. The survey was conducted by Public Opinion Strategies and included 1,000 respondents, allowing them to “catch” the trends of political preferences among crypto holders ahead of the 2024 presidential election. Crypto […]
Spot Ethereum ETF: Will SEC Reject BlackRock, Grayscale & Other Applications?
Rhode Island Senator Jack Reed and California Senator Laphonza Butler have penned a compelling letter to Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC). In the letter they urged meticulous scrutiny and caution in the approval process for crypto ETFs. This has led to uncertainty over approval of Spot Ethereum ETF applications […]
Top Analyst Predicts Bitcoin To Dip Below $61K, But There’s A Condition
Bitcoin’s recent surge to nearly $74,000 has been met with a significant pullback, dropping approximately 8% and hovering around the $66,000 mark. Notably, the investors’ sentiment appears divided as some capitalize on profits, while others tread cautiously ahead of the Federal Open Market Committee (FOMC) policy rates’ decision next week. Meanwhile, amid this backdrop, popular […]
Shiba Inu Price Eyes Rally to $0.00005 After This Final Pullback
Shiba Inu Price: Failing to reach the $3 Trillion market cap, the crypto industry takes a hit this week. With a sudden fall in Bitcoin price under $68,000 the meme coin industry is under a sell-off phase. Amidst the correction, the SHIB price shows a rise in selling pressure and a bearish wedge in play. […]
Starbucks Ends Its NFT Program Odyssey To Unlock the Next Chapter
After a two-year stint, Starbucks has decided to end its NFT Program Odyssey by the end of this month. This announcement first came through Steve Kaczynski, the community lead for Starbucks Odyssey. The development comes at a time when the NFT market is going through a rough phase with NFT prices dropping significantly over the […]
Nigeria SEC Plans To Double Capital Requirement For Crypto Exchange Registration
The Securities and Exchange Commission (SEC) ofNigeria has proposed a significant increase in the minimum paid-up capital requirement for crypto exchange registration. The move is aimed at strengthening oversight and mitigating risks within the burgeoning cryptocurrency sector. Nigeria SEC Proposes Amendments For Crypto Exchange Registration Rules The current requirement, set at ₦500 million ($314,000), is […]
Solana (SOL) DEX Volume Hits $3.5B High Amid Memecoin Explosion
Solana (SOL) blockchain DEX volume is currently at an all-time high. The entire 24-hour DEX volume in Solana has exceeded the $3.5 billion level. This surge forms part of the trend that the cryptocurrency market has been experiencing recently, with notable growth in a short period. Data from DeFi data aggregator DeFi Llama shows that […]
BTC, ADA, BOME Price Prediction As Healthy Retracement Points to Crypto Rebound
Crypto Price Prediction: The cryptocurrency market initiated the second half of March on a bearish note with the leading digital assets Bitcoin and Ethereum showcasing around a 4% drop in the last 24 hours. Amid this decline, the market witnessed 166,507 traders liquidated, totaling $532.72 million in losses, as per Coinglass. The most notable incident […]