The CEO of Hut 8 Mining, Asher Genoot, stressed in an interview with Bloomberg the huge change that the mining industry was expected to undergo as a result of the upcoming Bitcoin halving. The event is planned for about the 18th of April and will halve miner block rewards from 6.25 BTC to 3.125 BTC. […]
Ethena Price: Top Reasons Why is ENA Price Soaring?
Amidst the recent crypto market crash, where Bitcoin price closed at $65,000, approximately 10% lower than its all-time high of $73,750.07 recorded just 20 days prior, Ethena (ENA) made its debut on April 2, 2024. Despite the broader crypto market experiencing a downturn, ENA emerged as a standout performer, defying the prevailing market sentiment with […]
Ethena (ENA): Market Maker Amber Group Withdraws 5 Mln ENA From Binance
Against the backdrop of a downturn witnessed by cryptocurrencies due to market corrections, ENA, the native cryptocurrency of the Ethereum-based synthetic dollar protocol Ethena, amassed substantial attention among crypto market enthusiasts globally today, as its price showcased a phenomenal rally. Amid the buzz curated with Ethena’s substantial price rally, Amber Group, a global digital finance […]
SEC Enforcement Head Challenges Crypto Compliance Efforts
The Securities and Exchange Commission’s (SEC) enforcement chief, Gurbir Grewal, lashed out at the cryptocurrency industry, drawing attention to compliance fears and the industry’s intention to evade regulatory frameworks. Speaking at the “SEC Speaks” event organized by the Practicing Law Institute, Grewal emphasized the agency’s commitment to applying existing securities laws to the evolving landscape […]
Robert Kiyosaki Reacts to Fed Chair Powell Inflation Admission
Robert Kiyosaki, the author of “Rich Dad Poor Dad,” has voiced his concerns following Federal Reserve Chairman Jerome Powell’s recent statements on inflation. Powell acknowledged the challenges in controlling inflation, indicating a departure from previous assurances that inflation levels would be maintained at the 2% target and that the inflationary trend was “transitory.” Fed Chairman […]
Robert Kiyosaki Doubles Down On Bitcoin As Fed Chair Admits Inflation Alarm
Renowned financial educator and author Robert Kiyosaki has reiterated his support for Bitcoin (BTC) following Federal Reserve Chairman Jerome Powell’s recent admission about inflation concerns. In a bold statement, Kiyosaki spotlighted that Powell admitted that inflationary pressures are winning. Moreover, he stated that it signals a critical turning point for the economy. Robert Kiyosaki Continues […]
Coinbase (COIN) Price Target Raised by Analyst, Here’s Why
Coinbase, the leading cryptocurrency exchange, has been making significant waves in the market, with the COIN stock price experiencing a notable surge in the pre-market session. Notably, analysts attribute this rally to a bullish forecast from Oppenheimer, raising the price target for the COIN stock price. Meanwhile, this optimistic outlook reflects growing confidence in Coinbase’s […]
AI News: Google Testing AI-Generated Answers In Search Engine
Google has initiated trials in the UK for search answers generated by artificial intelligence (AI), following a previous testing phase in the US. The feature is nicknamed “Search Generative Experience” by Google and aims to revolutionize how users obtain answers from the search engine giant. Google AI Testing: Challenges and Considerations The “Search Generative Experience,” […]
Bitcoin (BTC) Price Correction Below $60,000 Possible Before Halving Rally Resumes
After the lows of $65,500 earlier this week, the Bitcoin (BTC) price has bounced back once again gaining 3% in the last 24 hours and attempting a surge past $67,000 once again. However, some market analysts believe that the correction might not be over and we might see a BTC price dip under $60,000, before […]
Terra Do Kwon Vs SEC: Defense To Give Final Arguments to Jury As Fraud Trial Ends
The U.S. Securities and Exchange Commission (SEC) lawsuit against Terraform Labs (Terra) and co-founder Do Kwon approaching the end of the jury trial. Defense attorneys from the world’s largest global law firm Dentons are going to give final arguments in the federal court today. Jury Trial on Terra Vs SEC Reaches Final Stage Attorneys representing […]