With artificial intelligence (AI) sector booming, Elon Musk’s xAI is making strides toward its ambitious $1 billion funding target. Bloomberg noted in its report on Friday that the AI venture has secured $500 million in commitments from investors. xAI is reportedly in discussions regarding a valuation ranging from $15 billion to $20 billion. Sources told the paper […]
Cardano Price Prediction: Is $1 on the Horizon Post Bitcoin Halving?
Cardano price prediction: ADA has exhibited a notable bullish pattern in the past day, appreciably rising by 3% in value. Currently, Cardano price is at $0.5912, demonstrating a positive momentum that suggests a sustained upward trajectory. This cryptocurrency maintains its strong standing in the top ten by market cap, which is presently at $17.14 […]
Just-In: Ark Invest Purges ProShares BITO & AMD To Buy Over 1 Bln ARKB Spot Bitcoin ETF
Cathie Wood’s asset management firm Ark Invest continues to offload parked holdings in ProShares Bitcoin Strategy ETF (BITO) to invest in its newly launched Ark 21Shares spot Bitcoin ETF (ARKB). ETF experts believe it could be a matter of time before Ark Invest brings its active fund management strategy to entire crypto exchange-traded funds (ETFs). […]
Crypto Market: GDP & PCE Inflation In Focus Amid Fed’s Rate Cut Dilemma
The crypto market has gone through volatile trading lately, as evidenced by the performances of the major cryptos like Bitcoin, Ethereum, Solana, and others. However, the investors lauded the Bitcoin Halving event last week, as noted by the surge in the crypto prices after the event. Now that Bitcoin Halving optimism is hovering in the […]
Bitcoin ETF Options Spark New Crypto Wave, Say Experts
The cryptocurrency investment sector is set to experience a transformation by introducing options trading on Bitcoin exchange-traded funds (ETFs). Following the debut of spot Bitcoin ETFs, industry experts believe options trading is the next major step in cryptocurrency investment. CBOE and Nasdaq Lead the Charge The Chicago Board Options Exchange (CBOE) and Nasdaq have been […]
New Emails Reveal Satoshi Nakamoto’s Early Vision for Bitcoin
The recent release of a set of emails between Satoshi Nakamoto, the pseudonymous founder of Bitcoin, and an early Bitcoin contributor, Martti Malmi, has shed light on the digital currency’s original philosophy and initial operational issues. These emails are among a wider communication initially unearthed during legal proceedings involving Craig Wright, which reveal Nakamoto’s particular […]