Venezuela’s Petro Cryptocurrency to Cease Operations

Venezuela ends its Petro cryptocurrency, a failed oil-backed digital currency initiative aimed at evading U.S. sanctions. Launched in 2018, it struggled for adoption due to legal issues, limited functionality, and lack of international interest. (Read More)

ETF Frenzy: Bitcoin Takes A Dip, Ethereum Goes Hot And The Next Crypto Chapter

In a week etched in crypto history, the long-awaited arrival of Bitcoin ETFs in the US sent shockwaves through the market. Yet, despite the monumental achievement, the king of crypto, Bitcoin, took a step back on Saturday, dipping 6% to end the week barely above $43,000. Many analysts predicted a “sell-the-news” scenario, where investors cashed […]

Turkey is edging closer to issuing digital asset rules, minister says

The new draft rules will require exchanges to obtain licenses and be subject to similar operational requirements as financial institutions, according to the country’s treasury and finance minister. […] Read More… The post Turkey is edging closer to issuing digital asset rules, minister says appeared first on CoinGeek.

Solana tokens Solend and Jito are soaring as Memeinator thrives

Solana and its top tokens are rebounding as a sense of fear spreads in the market. Some of the most notable tokens are Jito and Solend. Memeinator has raised over $3.5 million from its investors. Cryptocurrency prices had a volatile performance last week as investors cheered the latest SEC approval of Bitcoin ETFs. While Bitcoin initially jumped […]

LUNA Do Kwon’s Trial Postponement Request Amid Extradition Delays

Terraform Labs co-founder Do Kwon requests postponement of his U.S. trial, scheduled for January 29th, to mid-March due to extradition challenges in Montenegro. The SEC filed fraud charges against Kwon in February 2023, related to the collapse of TerraUSD and LUNA tokens. (Read More)

Ethereum: Will the Dencun upgrade be the savior L2s need?

The DEX swapping cost is estimated to drop by as much as 90% after the Dencun upgrade.

ChatGPT foresees a 2.5x price hike for SHIB in 2024

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice […]

Researchers affirm ChatGPT medical potential in evidence-based medicine

Mount Sinai researchers highlight artificial intelligence’s role in evidence-based medicine, emphasizing ChatGPT-4’s autonomous clinical capabilities and acknowledging operational challenges. […] Read More… The post Researchers affirm ChatGPT medical potential in evidence-based medicine appeared first on CoinGeek.

GameStop to shut down NFT marketplace due to regulatory limbo

GameStop’s decision to close its NFT marketplace comes after a series of cutbacks in its crypto services throughout the last two years.

Wintermute OTC Trading Volume Records 400% Growth in 2023: Report

Wintermute – the popular market maker and liquidity provider – witnessed continued growth in all business verticals in 2023 despite the market downturn. In a new report, the platform said that its over-the-counter (OTC) volume surged by over 400% throughout the year as volumes moved off-exchanges. During the first half of 2023, Wintermute’s OTC trading […]