Since the introduction of new Spot Bitcoin ETFs, which were partly touted as a modern alternative to gold investment, there has been a significant shift in investor behavior. While billions flowed into Bitcoin ETFs since their launch on January 11, a substantial amount of money has exited gold ETFs. Bitcoin ETFs Overshadow Gold ETFs The […]
AI News: 5 Takeaways From Nvidia’s Earnings that Could Spark Market Trends
The AI industry saw a sentimental boost in investor opinion as Nvidia posted extremely upbeat results. With $22.1 billion in revenue for the quarter, Nvidia reported adjusted profits per share (EPS) of $5.16. Revenue of $20.4 billion and profits per share of $4.60 were the projections made by analysts. Nvidia reported an EPS of $0.88 […]
Will Bitcoin Hit All-time High Before Halving?
Bitcoin (BTC) has recently surpassed the coveted $50,000 milestone and is currently trading slightly above $51,000, with all eyes on the king of cryptocurrencies as the historical Bitcoin halving event approaches rapidly. Two years ago, BTC reached its all-time high of $68,789.63, showing a decrease of 25.74% compared to its current price. With investors and […]
Crypto Headlines Of The Week: Shiba Inu, Worldcoin, & Terra Fuels Optimism
Another week ends with notable events witnessed across the cryptocurrency realm. Among these events, Shiba Inu, Worldcoin, and Terra’s chronicles appear to have piqued the interest of crypto market enthusiasts globally. Some of the top headlines that echoed a buzz within the broader crypto market this week are: Shiba Inu Propels Optimism Shiba Inu, an […]
Crypto Market: PCE & Other Events To Watch Amid Fed Rate-Cut Speculations
As the crypto market braces for a pivotal week ahead, investors find themselves at the crossroads of economic uncertainty and market volatility. With a flurry of key events on the horizon, including crucial Fed speeches and economic data releases, stakeholders are closely monitoring developments that could shape the trajectory of both traditional and digital financial […]
Cathie Wood’s Ark Invest On Coinbase, Nvidia, Robinhood Selling Spree
Cathie Wood’s investment management firm Ark Invest is on a selling spree for Coinbase (COIN), Nvidia (NVDA), and Robinhood (HOOD) shares, despite better-than-expected earnings. Prices of all three stocks have surged over 30% in a month. Cathie Wood’s Ark Invest Continues Selling Coinbase Shares Cathie Wood’s Ark Invest sold a total of 72,242 Coinbase shares worth […]
XRP Price Forecast: Can XRP Hit $1 Soon, With Recent Valour ETP Listing Boosting Market Confidence?
XRP price forecast: XRP has been on a modest upward trajectory in recent days, despite a minor bearish trend within its market. The token’s value has appreciated by over 2% in the last 24 hours. XRP price is trading at $0.5467, indicating a positive trend after surging past the $0.54 support level. XRP Price Forecast: […]
Cardano Price Analysis: ADA Surges Past $0.59 Mark; Will Bulls Break $0.9?
Cardano price analysis: ADA has been showing a bullish trend for the past few years, with its performance standing out impressively. Since January, Cardano’s (ADA) value has risen, marking a significant 24% increase. This jump highlights the cryptocurrency’s solid growth trajectory. Cardano price is trading at $0.5912, with a 24-hour charge of more than 2%, […]
Google Apologizes for AI Bot’s Disturbing Responses on Sensitive Topics
Google has been forced to apologize following several controversial responses from its AI chatbot, Gemini, on highly sensitive subjects, including pedophilia and historical atrocities. These discovered flaws caused the company to be the object of heated debate, and users demanded immediate correction. Gemini AI Failures in Ethical Decisions The controversy was initiated when the AI, […]
SHIB Whale Sells Holding After 2021, Signifying This Memecoin Trend
Shiba Inu (SHIB) whale has offloaded a substantial portion of their holdings, marking a pivotal moment for the meme-inspired digital currency. The transaction, which involved the sale of nearly half a trillion SHIB tokens, was executed at a considerable loss, according to data from the @spotonchain analytics platform. This event has highlighted the volatile nature […]