Crypto and stock market investors keenly await the consumer price index (CPI) inflation data for January by the U.S. Bureau of Labor Statistics for further cues on Fed rate cuts. Bitcoin price trades above $50,000 after a massive buying in spot Bitcoin ETFs, triggering a substantial crypto market rally. CPI and Core CPI Expectations by […]

The crypto market enthusiasts rejoice as the Bitcoin price surges past the $50,000 mark for the first time since December 2021, marking a significant milestone in its journey. Meanwhile, the rally comes amid a flurry of positive developments in the crypto space, signaling renewed investor interest and optimism. So, let’s delve into the key factors […]

Franklin Templeton, a global asset management firm, has submitted a filing for a spot Ethereum ETF, signaling its intention to provide investors with a more traditional vehicle to gain exposure to the second-largest cryptocurrency by market capitalization. This move places Franklin Templeton alongside other financial giants such as Ark 21Shares and BlackRock. They have also […]

Generative AI has been one of the most sought-after products by major tech giants. Recently, chip maker Arm Holdings saw its valuation surpass that of behemoth Nvidia. However, the market is currently posing questions about Arm’s prospects for AI revenue generation. Arm Holdings’ AI revenue generation lags behind Needham & Company managing director Charles Shi […]

In a recent gust of noteworthy breakthroughs, Shiba Inu, a prominent meme coin functioning atop the Ethereum blockchain, advanced further with its cryptographic venture today, revealing plans to introduce Sheboshi NFTs shortly ahead. The imminent NFT collection, Sheboshi, aims to jack up the prevailing Shiboshi NFTs previously launched by Shiba Inu. Meanwhile, Shiba Inu’s price […]

The Philippines is on track to launch its digital version of the Central Bank currency (CBDC) within the next two years. This program, headed by the Bangko Sentral ng Pilipinas (BSP), intends to roll out the CBDC for wholesale through banks, which is a switch from the current approach to digital currency. Wholesale CBDC Development […]

Institutional investments in Bitcoin (BTC) and Ethereum (ETH) have been soaring over the past few months! A recent Reuters report suggests that Peter Thiel-backed Founders Fund invested a hefty $200 million in these two cryptocurrencies in late summer 2023. Also, the fund has reportedly split its $200 million investment into equal amounts in BTC and […]

The world’s second-largest cryptocurrency Ethereum (ETH) has given a strong breakout recently with the ETH price shooting 6% moving past $2,600 levels. With this, ETH has extended its weekly gains to more than 15%. ETH Price Rally to $3,500 Analysts are already bullish about the Ethereum price rally for 2024, and the recent breakout opens […]

Crypto exchange Coinbase is set to give out its fourth quarter and full-year results on February 15th. Expectations around the largest crypto exchange’s results and outlook have been mounting up. However, BitSave CEO and Crypto Asset Manager, Zakhil Suresh says that Coinbase’s upcoming results might not be as good as the market expects it to […]

As per the latest notice on Monday, February 12, the Seattle federal court has delayed the criminal sentencing for Changpeng Zhao to late April 2024. Zhao has been facing money laundering and other charges amid a crackdown on crypto exchange Binance, by the U.S. Securities and Exchange Commission (SEC). Originally, Zhao’s sentencing was The Court […]