As the United States Securities and Exchange Commission (SEC) is widely expected to give out approvals to the spot Bitcoin ETF approval, the date for Bitcoin Halving is approaching. The Halving event historically produced significantly higher returns to Bitcoin BTC Price following the event compared to the lead up to the event. Also Read: Polygon […]
Nvidia Feels The Crunch As Intel & Google Forge Ahead With AI Chip Advancements
In an attention-grabbing chronicle witnessed within the realm of AI, Nvidia’s AI chip rivalry intensified notably following Google and Intel’s recently revealed plans to debut their own AI chips. Notably, in its Vision event on Tuesday, Intel unveiled an upgraded iteration of its AI chip, while Google disclosed specifics about its latest data-center AI chip […]
Blockchain Platform Freechat Secures $80 Mln Funding To Revolutionize Web3
In a groundbreaking move, the blockchain social platform, Freechat, has recently closed an impressive $80 million financing round, catapulting its post-money valuation to $800 million. Meanwhile, this significant funding will propel Freechat to fortify its Web3 features, emphasizing privacy, security, and user-controlled data. The aim is to construct a decentralized, open, and transparent global social […]
3 Reasons Likely To Trigger Bitcoin Price Pre-Halving Plunge To $60,000
Inflation in the United States came in hotter than expected for the second month in a row, keeping Bitcoin price confined below the $70,000 mark. Further correction is weighing the coin down by a modest 5% drop in 24 hours to $67,900 on Wednesday. Top altcoins posted even larger dips led by Solana’s 6% to […]
SEC Chair Warns Crypto Investors Against Rising “Fraudsters”
Gary Gensler, the Chairman of the United States Securities and Exchange Commission (SEC) has doubled down on his market and crypto-safety campaign with a new series of messages targeting retail investors in the country’s digital currency ecosystem. The Gary Gensler Crypto Warning As contained in the X post, Gary Gensler said some of those offering […]
MicroStrategy Takes a $2 Bln Hit With Highest Short Losses Since March
Since March, short sellers who have bet against MicroStrategy have lost $1.92 billion. Short selling in the crypto markets has risen in the past few weeks. MicroStrategy has been leading all these losses in crypto short selling the past week as well. MicroStrategy Leads Short Selling Losses According to Reuters, data from S3 Partners shows […]
Crypto Veteran Accuses DCG of Misleading Genesis Creditors
Digital Currency Group (DCG), led by Barry Silbert, recently announced the full repayment of the loan to its defunct subsidiary Genesis. However, a post on X by crypto veteran Vijay Boyapati presents a different narrative. The author of ‘The Bullish Case for Bitcoin’ alleged a pattern of deceit by DCG and Silbert. Boyapati circled back to Genesis’ […]
Bitcoin Halving Is Expected on April 20, 2024; 4 Reasons It Might Be Different
Bitcoin halving is very special in the cryptocurrency sector. As the fourth halving nears, set to occur around April 20, 2024, the crypto community is eager and looking forward to the event. However, the halving may be somehow different from the previous ones. Several distinctive elements are ready to set apart this occurrence from past […]
Solana (SOL) and XRP Gearing Up For A Mega Rally in 2024
Bitcoin and the broader cryptocurrency market rallied with the Bitcoin ETF applicants submitting their final applications to the U.S. SEC on Monday, January 8. Some altcoins have witnessed strong bounceback, especially, the likes of Solana (SOL) XRP, avalanche (AVAX), and Cardano (ADA). The Solana Price Rally After hitting a high of $123 on Christmas last […]
Crypto Assets Rebound Amid ‘Buy The Dip’ Euphoria
Crypto assets are making a slight recovery in the markets after the recent correction on the back of the U.S. CPI data. Bitcoin has wiped off mid-week losses soaring 3.5% in the last 24 hours. The latest push saw Bitcoin price trade above the $70,000 resistance after falling off earlier in the week. Crypto assets […]