AI News: Oracle, Microsoft Team Up with OpenAI for AI Expansion

Oracle and Microsoft are partnering with OpenAI to extend Microsoft Azure AI platform to Oracle Cloud Infrastructure (OCI). This partnership is expected to help meet the growing need for more powerful computational resources in AI through OCI’s strong infrastructure. Oracle and Microsoft Enhance Azure AI with OCI Oracle is preparing to expand the Microsoft Azure […]

Ethereum Faces Short-Term Bearish Trend Amid Futures Market Sell-Off

The post Ethereum Faces Short-Term Bearish Trend Amid Futures Market Sell-Off appeared on BitcoinEthereumNews.com. Ethereum, the second-largest cryptocurrency by market capitalization, is facing challenging times. Its price has been unable to break the $4,000 mark. It is causing concern among traders and investors. To understand the current market dynamics, it is useful to look at […]

Apple surges 6% on AI offering as shares hit new all-time record

The post Apple surges 6% on AI offering as shares hit new all-time record appeared on BitcoinEthereumNews.com. Apple stock popped to a new all-time high above $205. Former all-time high for AAPL came in December 2023. CEO Tim Cook showed off Apple Intelligence at developer conference. AI offering is a partnership between Apple and OpenAI. DA […]

Binance Labs Announces New Investment in AI-Enabled Layer-2 Crypto Project

The post Binance Labs Announces New Investment in AI-Enabled Layer-2 Crypto Project appeared on BitcoinEthereumNews.com. The venture capital and incubation arm of the world’s largest crypto exchange is advancing artificial intelligence (AI) technology-focused integration with blockchain in its latest investment. In a new announcement, Binance Labs says it has invested in Zircuit, a new Layer-2 […]

Solana Plummets to Double-Digit Weekly Losses: Possible Short-term Reversal?

Crypto market liquidations pierce into asset profits with coins like Solana (SOL), Avalanche (AVAX), and Dogecoin (DOGE) posting double digits weekly outflows. The market remains down as top assets point downwards in the last 24 hours. Trading volumes have also declined following a plunge in market sentiments. At press time, the market capitalization stands at […]

Crypto.com Registered As Virtual Assets Service Provider In Ireland

The post Crypto.com Registered As Virtual Assets Service Provider In Ireland appeared on BitcoinEthereumNews.com. The post Crypto.com Registered As Virtual Assets Service Provider In Ireland appeared first on Coinpedia Fintech News Crypto.com has received approval to register as a virtual asset service provider in Ireland, which allows the exchange to operate in the European Union […]

Shiba Inu (SHIB) ETF: Petition Tops 10,500 Supporting Signatures

There is an ongoing petition for the introduction of a Shiba Inu (SHIB) Exchange Traded Fund (ETF) and so far it has received 10,596 signatures. The Shiba Inu ETF Push The petition was launched on Change.org, requesting that Grayscale Investments’ former CEO Michael Sonnenshein consider pursuing a SHIB ETF. Notably, July 10 will mark the […]

Terra Luna Classic Votes On Implementing New LUNC Burn Tax, Price To Fall Further

The post Terra Luna Classic Votes On Implementing New LUNC Burn Tax, Price To Fall Further appeared on BitcoinEthereumNews.com. LUNC News: The Terra Luna Classic community has started voting on a key proposal to implement a revised LUNC burn tax distribution. This pay-per-job (PPJ) proposal seeks community members and validators’ approval on moving ahead with […]

Solana implements drastic measures against sandwich attacks

The post Solana implements drastic measures against sandwich attacks appeared on BitcoinEthereumNews.com. Solana, one of the leading blockchain platforms known for its high-speed transactions and low fees, has announced a series of drastic measures aimed at enhancing network stability and security. This move comes in response to recent challenges that have tested the resilience of […]

FOMC and CPI Preview: Why the inflation reaction will be short-lived 

The post FOMC and CPI Preview: Why the inflation reaction will be short-lived  appeared on BitcoinEthereumNews.com. Cryptocurrencies dipped Tuesday while US equities posted mixed returns midway through Tuesday’s session as investors awaited inflation data and an update from the Federal Reserve.  Bitcoin and ether were each trading around 4% lower over 24 hours at time […]