Bank of America Q1 2024 earnings show a slump in profits although figures top analyst expectations amid interest rates worries. The bank reported a revenue of $25.98 billion higher than a projected $25.46 billion for the first quarter.  Similarly, net interest income came in at $14.19 billion, above the $13.93 billion projects by StreetAccount. Although […]

In a series of posts on X, ChainArgos, a blockchain intelligence firm, has raised serious allegations about the Polygon network. The allegations are particularly about token allocations and suspicious transfers to exchanges. ChainArgos investigation claims discrepancies between Polygon’s publicly stated plans for token allocation and the actual movement of tokens. According to the firm, a […]

Crypto industry saw a number of funding rounds in Q1 amid a noteworthy uptick in prices of Bitcoin and other cryptocurrencies. With U.S. spot Bitcoin ETF recording substantial buying and grabbing major attention globally, venture capital firms eyeing a piece of the growth but remain cautious of the sustainability of rising valuations. Crypto.com chief executive […]

Bybit has grown to be one of the most reliable crypto exchanges in the industry over the years. The platform ranks 6th, as per CoinMarketCap’s top crypto exchange platforms list based on factors like traffic, liquidity, trading volume, investor confidence, etc. However, some Bybit alternatives are rich in features and platform offerings. We have curated […]

Crypto Price Prediction: With less than three days for Bitcoin halving, the cryptocurrency market is experiencing a surge in volatility evidenced by the Bitcoin price wavering with narrow-bodied candles and higher wicks in a daily chart. However, this uncertainty is currently favoring selling as a majority of major coins show a notable downturn in April. […]

American digital assets management firm Grayscale Investments is moving large amounts of Bitcoin (BTC) from its wallet, a trend that has sparked a bearish thesis on Crypto X. Insight into the Grayscale Bitcoin Movement Large crypto transfers are not uncommon in the crypto ecosystem, especially with large whales dominating most of the corporations in the […]

Citadel Securities-backed brokerage firm Hidden Road Partners plans to raise fresh capital to bolster operations amid a bounce back in the cryptocurrency market.  The crypto and forex brokerage firm is looking to raise $120 million in Series B funding that will increase its valuation to $1 billion, Bloomberg reported citing unnamed sources. The company offers […]

Zhaojun He, the co-founder and CEO of Multichain, a cross-chain bridging protocol, has recently shown signs of activity on Telegram. This development comes after a prolonged period of inactivity following his detention by Chinese authorities in May 2023. As of January 16, 2024, Zhaojun’s Telegram profile indicated he was “last seen recently,” a change from […]

Free speech advocate and Tesla owner Elon Musk has indirectly taken a jab at OpenAI’s ChatGPT and Google’s Gemini for being platforms that “could end civilization.” “Truth is Subjective” A Concept Threatening Civilization The conversation started with a TED talk by NPR CEO and president Katherine Maher, who explained to her audience how the truth […]

The Celestia coin TIA has turned all eyes in the crypto industry to itself after its price went up 50% in a week. After witnessing a massive price spike in the second week of January, the upward movement of the TIA coin slowed down, dropping by 2.43% in the last 24 hours. However, investors are […]