ENS, the governance token of the Ethereum Name Service is witnessing a significant inflow defying the current market uncertainty. Over the last three days, the token has seen a remarkable 32.5% increase, climbing from $17 to $22.7. Analysis of the weekly chart reveals that this upward movement is contributing to the formation of a broader […]

MicroStrategy has increased its Bitcoin holdings, Michael Saylor revealed in a post on X on the sidelines of the company’s Q4 2023 results. MicroStrategy reportedly acquired 850 Bitcoin in January for $37.2 million, boosting its total holdings to 190,000 BTC. The company’s aggressive acquisition strategy is evident in its recent purchase of 31,755 bitcoins since the […]

The United States Securities and Exchange Commission (SEC) has decided to delay its decision on Invesco and Galaxy’s spot Ethereum ETF application. New Spot Ethereum ETF Date in View Senior Bloomberg ETF analyst James Seyffart shared on X that the U.S. regulator has pushed back its decision on the joint Ethereum ETF application submitted by […]

The approval of the Bitcoin ETF was an important milestone that gave the virtual asset a mainstream platform and reshaped the whole digital currency space. Out of all the ETFs that got trading approval, BlackRock has seen the highest inflows so far. With stronger inflows than any other ETF, it has ranked fifth in the […]

The incorporation of AI by big tech giants has been the latest development in the technology sector. Almost all big tech names have offered some or the other artificial intelligence model in their products.  Facebook is no surprise in the list. However, an opinion piece from Bloomberg suggests that Mark Zuckerberg’s AI integration might pose […]

OpenAI has added innovation to images produced from its Artificial Intelligence (AI) image generator DALL.E 3 and other tools as they now have metadata integrated into them. OpenAI Driving Transparency With Metadata Per an OpenAI post on X, the AI firm confirmed that beyond the included metadata on DALL.E 3 images, those generated on ChatGPT […]

In a significant development in the United Kingdom’s approach to crypto-asset regulation, the Bank of England (BOE) has announced an extension of the comment period for its discussion paper on stablecoin regulation. Initially set for February 6, the deadline has now been moved to the morning of February 12, allowing stakeholders additional time to provide […]

The Federal Reserve has formally terminated the enforcement action against Farmington State Bank, a former financial institution associated with FTX — the defunct cryptocurrency exchange. This follows after the bank’s operations and links to cryptocurrencies, particularly through FTX trading arm Alameda Research, were under a federal microscope. Federal Reserve’s Final Verdict The termination of the […]

Vanguard has jumped the artificial intelligence bandwagon after integrating machine learning into its managed stock funds. According to a Bloomberg report, the American registered investment advisor has set in AI across several active stock funds with a combined $13 billion under management. This comes at a time when the World AI Cannes Festival is just […]

Solana Price Prediction: SOL has recently faced significant price fluctuations. Over the last fortnight, the value of Solana (SOL) has seen an uptick but struggled to surpass the critical resistance mark at $100.  The recent technical analysis of the daily time frame reveals that Solana’s value has been caught in a descending parallel channel for […]