The CEO of Chamber of Digital Commerce, Perianne Boring, has passionately advocated Bitcoin (BTC) as a hedge against inflationary pressures. Boring’s stance comes in the wake of the latest data releases from the U.S. Bureau of Labor Statistics, which revealed a surge in both Consumer Price Index (CPI) and Producer Price Index (PPI) figures for […]
Solana Price: Will SOL Price Hit $200 Soon?
The current state of the crypto market is experiencing a decline. Bitcoin price has plummeted and is now trading below $70,000. This downward trend has also affected other altcoins, such as Ethereum (ETH), which has seen a decrease of approximately 7% and is now trading below $4,000. In comparison to Cardano, XRP, Dogecoin, and Shiba […]
Grayscale Files Crucial Spot Ethereum ETF Amendment, Is Approval Imminent?
While waiting for the United States Securities and Exchange Commission (SEC) to make a decision on its spot Ethereum ETF application, asset management firm Grayscale Investments has updated its filing with the watchdog. Grayscale’s Application Faces Postponement According to an X post by Grayscale’s chief legal officer Craig Salm, the firm amended its Form 19b-4 […]
Dogecoin Whale Sells 118 Mln Coins Amid DOGE’s Dip To $0.15, What’s Next?
In a thrilling plot twist witnessed recently, a Dogecoin whale’s massive selloff appears to be garnering significant attention among crypto market traders and investors globally as DOGE’s price recently dropped to the $0.15 mark, following a notable upward momentum showcased in the past few days. Aligning with a substantial crypto market crash witnessed yesterday, resulting […]
Crypto Taxes Amid Bitcoin (BTC) Bull Run, Here’s What You Need to Know
In light of the leading cryptocurrency Bitcoin (BTC) touching new levels, some experts have drafted crypto tax rules that they believe would be useful to investors, especially those planning to delve into the crypto space in this current bull market. IRS Demands Crypto Tax Reports Bitcoin went as high as $73,000 this week, a move […]
Ether fi Adjusts Token Distribution Amid Community Backlash
Ether fi, the leading liquid restaking protocol on the Ethereum blockchain, recently outlined its strategy for distributing governance tokens, ETHFI. Having the total supply capped at 1 billion tokens, the first phase will put 115.2 million tokens into circulation. It is an element of a general initiative connected with the decentralization of governance and encouragement […]
AI Coins Rally Another 20% Before Nvidia GTC Conference, What’s Ahead?
Artificial Intelligence (AI) coins have continued to make massive moves in recent weeks amid major developments in the global AI space. In the last 24 hours, the AI coins index has surged by an additional 16% in the last 24 hours, with their total market cap surging past $26 billion, as per data on CoinGecko. […]
Avalanche (AVAX) Price Rallies 12% As Binance Announcement Boosts Market Sentiment
The crypto market witnessed a jump in Avalanche (AVAX) price today, as it soars nearly 12%. Notably, this significant rally comes in the wake of a strategic announcement from Binance, the leading crypto exchange. Meanwhile, the rally in AVAX price suggests that the investors are showing strong confidence in the crypto as Binance extends its […]
Gavekal Research Alerts on Global Liquidity Drain in Crypto Bull Market: Bloomberg
Gavekal Research has conducted a thorough examination of the current global liquidity landscape, offering insights that illuminate its potential impact on market stability. In a time where market dynamics are shifting rapidly, understanding the nuances of liquidity becomes paramount for investors seeking to navigate turbulent waters. At the heart of Gavekal Research’s analysis are the […]
AI News: Apple Quietly Unveils MM1, New ChatGPT and Gemini Killer
Even though Apple seems like a latecomer to the Large Language Model (LLM) arena, the popular technology company has released MM1 to compete with some of the early AI adopters like OpenAI and Google. Apple MM1 Capabilities Apple MM1 was recently introduced in a preprint research paper titled “MM1: Methods, Analysis & Insights from Multimodal […]