Bitcoin (BTC) gas fee has seen a progressive surge recently and Abra Global CEO Bill Barhydt believes that it is tied to Runes, a new proposed token standard on Blockchain. Bitcoin Gas Fee, Runes, and Ordinals Link The much-anticipated Bitcoin halving event went live earlier today but Casey Rodamor’s latest creation Runes seems to be […]
AI News: Nigerian Government Debuts AI Tool with Multilingual Capabilities
The Nigerian government, through the Ministry of Communication, Innovation, and Digital Economy, has launched a multilingual large language model (LLM). This was announced by the Minister of Communications, Dr. Bosun Tijani at the end of the four-day AI workshop in Abuja. Collaborative Efforts Enhance Nigeria AI Development An initiative led by Nigerian AI firm Awarritech, […]
Crypto Gainers and Losers of the Halving Week
During today’s fourth Bitcoin halving event, the cryptocurrency market experienced increases and decreases in value among different digital assets. This important occurrence, characterized by a decrease in mining block rewards, frequently causes changes in the overall cryptocurrency market. Let’s examine the the crypto gainers and losers of this week, according to CoinMarketCap data, and their […]
Ripple CTO Touts XRP’s 1500% Growth Over Seven Years
David Schwartz, Ripple’s Chief Technology Officer (CTO), has highlighted the strong long-run performance of XRP since its inception seven years ago. During the social media exchange, David Schwartz highlighted that the XRP value had upsurged by 1500%. He quoted that at the time, seven years ago, one XRP traded for about $0.033. This computation, given […]
5 Worst Performing Cryptos To Avoid Post-Bitcoin Halving
5 Worst Performing Cryptos: Late Friday evening, Bitcoin underwent its fourth halving at block 840,000, reducing the mining reward from 6.25 to 3.125 new bitcoins per block. This process is scheduled approximately every four years to reduce the rate at which new bitcoins are generated, thereby controlling inflation and extending the currency’s longevity. As per […]
NVIDIA (NVDA) 5-Day Slump Hits 14.4%, Is The AI Bubble Bursting?
The continuous plunge in the price of NVIDIA (NVDA) seems to indicate that the Artificial Intelligence (AI) ecosystem is moving into a bear season with some suggesting that the “AI bubble” is bursting. NVIDIA Business Model Disrupted Top business Executive Bryan Beal voiced his opinion about the situation on X, stating clearly that the AI […]
Dogecoin Price Analysis: Key Support Level to Watch Post-Bitcoin Halving
Dogecoin Price Analysis: On Saturday, the cryptocurrency market traded relatively stable despite the successful execution of the fourth bitcoin halving. This consolidation trend for a majority of major coins including Dogecoin continues, reflecting no clear dominance from buyers to sellers. However, the DOGE price holding its ground above the 50% retracement level indicates the broader […]
Cardano Price Prediction: Is $1 on the Horizon Post Bitcoin Halving?
Cardano price prediction: ADA has exhibited a notable bullish pattern in the past day, appreciably rising by 3% in value. Currently, Cardano price is at $0.5912, demonstrating a positive momentum that suggests a sustained upward trajectory. This cryptocurrency maintains its strong standing in the top ten by market cap, which is presently at $17.14 […]
Cathie Wood’s Ark Sells BITO, Buys Ark Spot ETF & ProShares Ether ETF Shares
Cathie Wood’s ARK Invest is strategically reshaping its investment portfolio, steering away from reliance on the ProShares Bitcoin Strategy ETF (BITO) towards the establishment of its own spot bitcoin ETF. This strategic shift was evidenced in a recent trading disclosure on April 19, where ARK’s Next Generation Internet ETF (ARKW) initiated significant movements. ARKW divested […]
Jito (JTO) Price Surges 10% Amid Strong Open Interest, New ATH Possible?
JTO, the native cryptocurrency of the Jito Network, has once again joined a mega uptrend. The Jito (JTO) price has surged by a staggering 10% in the last 24 hours currently reaching all the way to $3.88 with its market cap surpassing $450 million. The Jito (JTO) Price Action and Open Interest Spike Earlier this […]