Investors have recently turned their attention towards Solana (SOL), a rising star in the crypto space. While most people choose to buy Solana due to the impressive upswing in price lately, there are a host of other reasons that make it a valuable investment option. Hence, here are the 7 reasons to buy Solana this […]
AI News: Microsoft Reached $3T Valuation on Back of AI But Faces FTC Probe
Microsoft joined the elite club as the second company ever to surpass a $3 trillion valuation. This milestone, reported by the Telegraph, was fueled by the company’s strategic focus on artificial intelligence (AI), sparking an investor rally. Microsoft’s shares soared on Wednesday as the S&P 500 index also peaked to a record high. Apple reached this […]
Lawyer in OneCoin Crypto Scheme Sentenced to 10 Years
In a recent development within the OneCoin cryptocurrency saga, a former lawyer, Mark Scott, has faced a stringent legal reckoning. Judge Edgardo Ramos of the U.S. District Court for the Southern District of New York has sentenced Scott to 10 years in prison. This outcome follows his 2019 conviction on conspiracy charges to commit bank […]
Breaking: PayPal To Launch AI Products in Push For Dominance
American Fintech giant PayPal is launching Artificial Intelligence (AI) products as it looks to revive its dominance with emerging technology. The PayPal AI Feature Announcing the PayPal AI feature is the company’s way of bringing new life as new Chief Executive Officer (CEO) Alex Chriss is making good on his commitment to resolve some of […]
Silk Road Fallout, US Wants to Sell $130M Bitcoin from Seizures
Silk Road dark web marketplace, the United States government has announced its intention to sell approximately $117 million worth of Bitcoin. This cryptocurrency was seized from Ryan Farace and Joseph Farace, convicted for their roles in a money laundering conspiracy linked to the now-defunct online black market. Details of the Forfeiture and Auction Plan The […]
Spot Bitcoin ETF: Grayscale Outflows Slows Down, But There’s a Catch
The spot Bitcoin ETF market has taken a new twist concerning the capital net flow as pointed out by Bloomberg Exchange Traded Fund analysts James Seyffart and Eric Balchunas. Spot Bitcoin ETF Flow Changing Course According to Blachunas, the Grayscale Bitcoin Trust (GBTC) outflows are trending down. The data presented by Seyffart showed that the […]
Bitcoin ETF: Ark Invest and Bitwise’s Trading Volumes are “Blockbuster-Level Success”
Bitcoin ETFs have had a shaky start with massive outflows in the first few days of trading. However, two of the ETFs that crossed a fund inflow of half a billion emerged as a silver lining in the dark clouds. These two ETFs, i.e. Ark Invest and Bitwise, have seen a net fund inflow of […]
Ethereum ETF by Grayscale Delayed as SEC Awaits Public Input
The Securities and Exchange Commission (SEC) has extended its review period for the Ethereum exchange-traded fund (ETF) proposal submitted by Grayscale Investments. This move comes amidst similar delays for other proposed spot Ethereum funds from major players like BlackRock and Fidelity. The SEC’s decision to seek further public input marks a significant moment in the […]
AI News: Tesla’s AI Opportunities Could be the Greatest Story Ever
Tesla’s fourth-quarter results came as a slight disappointment for the world. The EV car maker’s shares slumped after the results. However, against all odds, Ark Invest’s Tasha Keeney says that Tesla’s AI opportunities are still a light in the night. Tesla Q4 results disappoint market Tesla’s fourth-quarter earnings came slightly lower than what analysts had […]
XRPL Adds Clawback, Boosting Token Asset Control and Security
XRP Ledger (XRPL), the much-discussed Clawback feature, has surpassed its voting threshold, garnering an 80% approval rate among validators. This development, included in the latest rippled 1.12.0 release, marks a pivotal moment in the evolution of the XRPL, introducing enhanced token asset control capabilities. Understanding the XRPL Clawback Feature The Clawback feature is a major […]