American Fintech giant PayPal is launching Artificial Intelligence (AI) products as it looks to revive its dominance with emerging technology. The PayPal AI Feature Announcing the PayPal AI feature is the company’s way of bringing new life as new Chief Executive Officer (CEO) Alex Chriss is making good on his commitment to resolve some of […]
Silk Road Fallout, US Wants to Sell $130M Bitcoin from Seizures
Silk Road dark web marketplace, the United States government has announced its intention to sell approximately $117 million worth of Bitcoin. This cryptocurrency was seized from Ryan Farace and Joseph Farace, convicted for their roles in a money laundering conspiracy linked to the now-defunct online black market. Details of the Forfeiture and Auction Plan The […]
Spot Bitcoin ETF: Grayscale Outflows Slows Down, But There’s a Catch
The spot Bitcoin ETF market has taken a new twist concerning the capital net flow as pointed out by Bloomberg Exchange Traded Fund analysts James Seyffart and Eric Balchunas. Spot Bitcoin ETF Flow Changing Course According to Blachunas, the Grayscale Bitcoin Trust (GBTC) outflows are trending down. The data presented by Seyffart showed that the […]
Bitcoin ETF: Ark Invest and Bitwise’s Trading Volumes are “Blockbuster-Level Success”
Bitcoin ETFs have had a shaky start with massive outflows in the first few days of trading. However, two of the ETFs that crossed a fund inflow of half a billion emerged as a silver lining in the dark clouds. These two ETFs, i.e. Ark Invest and Bitwise, have seen a net fund inflow of […]
Ethereum ETF by Grayscale Delayed as SEC Awaits Public Input
The Securities and Exchange Commission (SEC) has extended its review period for the Ethereum exchange-traded fund (ETF) proposal submitted by Grayscale Investments. This move comes amidst similar delays for other proposed spot Ethereum funds from major players like BlackRock and Fidelity. The SEC’s decision to seek further public input marks a significant moment in the […]
AI News: Tesla’s AI Opportunities Could be the Greatest Story Ever
Tesla’s fourth-quarter results came as a slight disappointment for the world. The EV car maker’s shares slumped after the results. However, against all odds, Ark Invest’s Tasha Keeney says that Tesla’s AI opportunities are still a light in the night. Tesla Q4 results disappoint market Tesla’s fourth-quarter earnings came slightly lower than what analysts had […]
XRPL Adds Clawback, Boosting Token Asset Control and Security
XRP Ledger (XRPL), the much-discussed Clawback feature, has surpassed its voting threshold, garnering an 80% approval rate among validators. This development, included in the latest rippled 1.12.0 release, marks a pivotal moment in the evolution of the XRPL, introducing enhanced token asset control capabilities. Understanding the XRPL Clawback Feature The Clawback feature is a major […]
Jim Cramer Advises Bitcoin (BTC) Holders to “Roll Out” as Price Recovers
CNBC Mad Money host Jim Cramer has once again dolled out unsolicited advice to Bitcoin investors and this time around, he has subtly asked them to liquidate their holdings. Bitcoin Begins Recovery Streak After plunging below $38,000 earlier today, Bitcoin has begun to demonstrate a positive sentiment. At the time of this writing, the coin […]
Worldcoin Exploring Comprehensive Revamp of its Orb Technology: Report
The Worldcoin Iris biometric cryptocurrency project is looking to upgrade its technology after 180 days of launching publicly. Worldcoin Orb Verification Revamp Speaking in an exclusive interview, Alex Blania the COO and co-founder of Tools for Humanity shared the news of the intended revamp, adding that the next iteration will look different from the previous […]
Is It A Good Time To Buy Terra Luna Classic (LUNC) 30% Dip In A Month?
Terra Luna Classic (LUNC) has been accepted in a lower range as bulls bowed down to the intense sell-off and rising crypto market uncertainty. The hype for spot Bitcoin ETFs coupled with increased interest from the community in the token propelled LUNC to its highest peak in 2024 at $0.00028. However, most market participants did not anticipate […]