In a latest development, Tesla CEO and xAI founder Elon Musk has intensified his criticism against OpenAI, while unveiling plans to make xAI’s AI chatbot Grok open source. Notably, Musk’s announcement comes amid escalating tensions between him and OpenAI’s CEO, Sam Altman. Meanwhile, the move underscores a deeper conflict brewing within the AI community over […]

Peter Schiff, a notable critic of Bitcoin, has voiced concerns over Bill Ackman’s potential investment in the cryptocurrency. Ackman, a billionaire investor, has been contemplating investing in Bitcoin. He expressed this interest on social media. This sparked a conversation among financial heavyweights, including MicroStrategy CEO Michael Saylor. Saylor encouraged Ackman to view Bitcoin as an […]

Coinbase, a U.S. cryptocurrency exchange, has officially filed its opening brief in a lawsuit against the Securities and Exchange Commission (SEC). This lawsuit has come about as a result of the SEC’s failure to set clear regulatory guidelines for the cryptocurrency industry, which Coinbase claims was a decision taken arbitrarily without adequate explanation. The filing, […]

Bitcoin has achieved a broken-through resistance level to achieve an all-time high of $72,242.51. Having achieved a new ATH on March 5, 2024, and dropped to $63.80, BTC price has defied all odds soaring by 13% within six days. The bulls are in celebration and optimistic that Bitcoin will hit $80,000 before halving. So, what […]

The U.S. Bureau of Labor Statistics released the much-awaited Consumer Price Index (CPI) inflation data for February, which showed that US inflation comes in hotter at 3.2%. The crypto and stock market investors worried as they looked for further cues on Fed rate cuts. After a shocking hotter CPI inflation last month of 3.1%, the […]

The 35-year-old man behind Bitcoin Fog, a cryptocurrency mixing service provider has been convicted for his role in several money laundering cases. Bitcoin Fog Used to Obfuscate Crypto Transaction Origin Roman Sterlingov, the Russian-Swiss national masterminded the behind Bitcoin Fog protocol was indicted in a Washington federal court for taking part in a scheme that […]

Market speculations on how the Fed rate cuts will be rolled out this year have been dwindling since the release of today’s CPI data. A hotter-than-expected inflation print has kept market sentiments under pressure, raising concerns about the interest rates will stay higher for longer. US CPI Comes Hotter Than Expected As CoinGape previously reported,  […]

The crypto market enthusiasts were buoyed by optimistic projections from pro-XRP lawyer Bill Morgan, who foresees the XRP price surging to $2 by April or May. In addition, he also anticipates the $2 mark for XRP potentially setting the stage for a new all-time high (ATH) of the crypto. Meanwhile, this bullish sentiment comes amid […]

Toncoin Price: As the leading cryptocurrency Bitcoin extended its high to new levels, the altcoin witnessed an aggressive recovery momentum, including Toncoin, This asset riding a high momentum is highlighted by three massive candles in the daily chart which propelled the coin value by $2.7 to $4.38, registering a 68% growth. Also Read: Crypto Prices […]

The House Financial Services Committee has engaged in a debate on Wednesday over a proposed rule by the Consumer Financial Protection Bureau (CFPB), which could extend its supervisory authority to include digital payment applications, such as PayPal and Venmo, and potentially cryptocurrencies.  Clash of Opinions on Crypto Regulation In a congressional hearing on digital assets […]