Crypto markets have been on the edge recently as mixed signals have prompted confusion about the Fed’s rate cut trajectory. Fanning the same concerns more, a recent surge in the US stock market has indicated that purchasing power might still be thriving among investors. In the middle of uncertainty, the idea that rates will stay […]

According to a Forbes report, the volume of gambling recorded in the United States hit a historical valuation point of $66.5 billion last year. American Betting Scene Hits Record High The gambling industry including commercial casinos in the U.S. raked in approximately $66.5 billion from gamblers in 2023.  Looking at the figure that was released […]

Bitcoin Technical Analysis: For nearly two weeks, the leading cryptocurrency Bitcoin has traded sideways resonating with two horizontal levels of $53050 and $50600. The consolidation accompanied by short-body candles and long wicks reflects uncertainty among market participants. Despite the lateral movement Matrixport recently released a bullish outlook for BTC with the potential of $63000 in […]

Berkshire Hathaway, which is backed by Warren Buffet, posted an upbeat annual result on Saturday. The results come just a day after it was revealed that Buffet’s Berkshire has investments in crypto-related stocks. Despite the positive news though, Buffet also revealed that he sees low buying opportunities for the firm. Berkshire Hathaway Posts Soaring Profit […]

Defi Tokens: In a notable shift in the crypto market’s focus, DeFi (Decentralized Finance) assets have begun to recapture attention amidst the burgeoning AI craze. According to a recent analysis by Santiment, a leading crypto analytics firm, prominent DeFi tokens such as UNI (Uniswap), COMP (Compound), SUSHI (SushiSwap), and AAVE have experienced significant spikes in […]

Grayscale Investments faced a sharp dip in the new inflow for GBTC, its Bitcoin ETF. According to research conducted by BitMEX, the fund saw a drop in inflows to $44 million on Friday, which compares poorly to January 11, when inflows were $77 million. The news hit the headlines during the broader context of investors’ […]

The Shiba Inu team has made a serious warning to its community about the rise in scam activities. The fraudulent schemes are now growing in complexity, luring unsuspecting users with the fake airdrops, phishing attempts, and misleading giveaways. The proactivity of the Shiba Inu team brings to the fore the need for vigilance among cryptocurrency […]

Reaching a remarkable milestone to showcase the potential of layer-2 scaling solutions, Arbitrum has reported a staggering $72.8 million in revenue over the last 365 days. This figure underscores the protocol’s significant contribution to the Ethereum ecosystem.  It highlights a unique revenue distribution model where $ETH holders, rather than $ARB holders, have reaped the majority […]

There is an ongoing scam in the Cardano ecosystem and Cardano holders are warned to be vigilant and look out for suspicious messages. Cardano Holders on Target Yoroi Wallet, a light wallet on Cardano, took to X to confirm that there have been a few reports about users who lost their ADA to various scams. […]

OpenAI has established itself as an industry pioneer by now. With its latest launch of SORA, the Sam-Altman-backed company has made AI’s exposure even more evident to the common public. However, rising competition in the same industry can challenge the behemoth’s market grasp. A recent Forbes report highlights how decentralized AI projects can potentially perform […]