MicroStrategy has announced its plans to augment its already substantial Bitcoin reserves through a $600 million private offering of convertible senior notes. This strategic decision was disclosed in a press release on Monday, signaling the company’s unwavering commitment to invest in the cryptocurrency. MicroStrategy, a prominent player in the software industry, aims to allocate the […]
Coinbase Hit With Another Bug, User Balances Disappear
American cryptocurrency exchange Coinbase assures clients of asset safety as the network receives another blow. Second Case of “Zero Bug” Attacks Amidst the recent outstanding rally in the price of Bitcoin (BTC), Coinbase Inc’s customers have confirmed a glitch on the platform. On February 29, a bug reportedly caused users’ account balances to read an […]
Litecoin (LTC) Teases Monumental Upgrade, Key Implications for Price
Litecoin (LTC) is preparing to welcome a monumental upgrade into its ecosystem that may likely impact the price of its native asset. New Litecoin Upgrade to Utilize PSBTs Per the announcement shared on X, Litecoin hinted at the upcoming upgrade on Litecoin Core v0.21.3 which would leverage Partially Signed Bitcoin Transactions (PSBTs) as one of […]
Bitcoin ETF: Blackrock Sees 6th Day of $1 Bln Trading Volume As Bull Run Continues
Bitcoin ETFs have shattered multiple records with exceptionally high trading volumes and inflows. Out of all, Blackrock has seen the most success after being the one leading the pack. On Monday, Blackrock’s IBIT saw another day of around $1 billion in trading volumes, making it the sixth consecutive trading session. The surge in Bitcoin ETF […]
Musk-OpenAI Case: Hoskinson Sees Elon Musk Lawsuit as a Non-Profit Dilemma
Charles Hoskinson, the founder of Cardano, has recently voiced his perspective on the lawsuit filed by Elon Musk against OpenAI and its co-founders, Sam Altman and Gregory Brockman. This legal action marks a significant point of contention, spotlighting the debate over the foundational principles of OpenAI. Initially established as an open-source, non-profit entity, OpenAI has […]
Tech Coalition Issues Open Letter to Commit to Ethical AI Use
Taking a step in the direction of utilizing artificial intelligence (AI) for the public good, a coalition of major tech companies and other power players have come together to release an open letter that promotes responsible development and implementation of AI technologies. Led by Ron Conway of SV Angel, the initiative is backed by industry […]
Shiba Inu Price Rally Not Over? Whale Buys Signal Further Growth Potential
The cryptocurrency market resumes a bullish trajectory following the Bitcoin price, which is 5% up today. The aggressive volume in spot ETFs continues to fuel the underlying asset which is barely 4% below the All time high of $68,789. Amid this uptick, the Shiba Inu price jumped 47% to breach another key resistance of $0.00003 […]
Ethereum Foundation Dumps $13 Million Worth of ETH; Is a Sell-Off Ahead?
The Ethereum Foundation has executed a significant transaction, liquidating $13.3 million worth of Ethereum (ETH), which has caught the attention of investors and market analysts alike. This move by the foundation, known for its influential role in the cryptocurrency sector, has sparked discussions regarding its potential impact on Ethereum’s market position. Despite the sale, Ethereum […]
Pro Crypto Donald Trump Gets US Election 2024 Nod As BTC Price Breaks $65k
Crypto supporter Donald Trump has received clearance from the US Supreme Court to contest the 2024 US elections. According to a Wall Street Journal report, Donald Trump’s name was added back on Colorado’s ballot by the Supreme Court. Trump’s election run nod also comes at a time when Bitcoin prices have hit the much-waited milestone […]
Cardano Price Escape From 22-Month Accumulation Sets a Rally Beyond $1
The Cardano (ADA) cryptocurrency has demonstrated a notable recovery since late January, as its price rebounded from a low of $0.444, marking a significant turnaround for investors surge represents a 75% increase within just 41 days, propelling the price to its current standing of $0.783. This impressive upswing is not just uplifted by broader market […]