A strong correction has ensued the broader cryptocurrency market dropping by 6% over the last few hours. As of press time, the Bitcoin (BTC) price is down 5.6% and is currently trading at $66,654 with a market cap of $1.311 trillion. The rest of the altcoins space is also bleeding heavily with the top ten […]
Crypto Prices Today April 2: Bitcoin Plunges To $66K, Ethereum Below $3400, SOL & XRP Crash
The top crypto prices today witnessed a bearish turn as the Bitcoin (BTC) price plummeted to the $66,000 level. In addition, the Ethereum price slumped below the $3,400 mark. Meanwhile, other top altcoins, such as Solana (SOL), XRP, and Cardano (ADA) dipped notably. Major Crypto Prices Today The Bitcoin price was down by 5.60% reaching […]
Shiba Inu Team Spotlights KNINE Listing, KNINE Price To Rally?
In a significant gust of developments, Shiba Inu’s KNINE, an LSD (liquid staking derivative) token, nabbed significant investor attention today, April 2, as a prominent member of the Shiba crypto community spotlighted an imminent listing for the token. In a post shared by SHIB Knight on X, a renowned crypto trading platform recently revealed plans […]
Crypto Airdrops To Invest In April 2024
Crypto airdrops have become popular incentives in the market that reward all parties from digital asset projects to end users. A crypto airdrop is a distribution of parts of the platform’s token or other assets to community members. Traditionally, the bull market sees more crypto airdrops as new tokens tend to be introduced to the […]
Altcoin Rally in Doubt Amid Trading Volume Slump: Matrixport
According to a Matrixport report, the altcoins market is facing a challenging period, as evidenced by the recent sharp decline in trading volumes on Upbit, South Korea’s largest cryptocurrency exchange. This downturn is casting doubt on the ongoing rally of alternative cryptocurrencies. Substantial Decrease in Trading Volume Upbit’s 24-hour trading volume has drastically decreased. Having […]
MakerDAO Eyes $600M DAI Investment in USDe and sUSDe
MakerDAO is reportedly considering a substantial investment of $600 million in DAI into USDe and staked USDe (sUSDe) via Morpho Labs’ DeFi lending protocol. This move is in line with the growth strategies of MakerDAO and extends the company’s activity in the cryptocurrency lending sector. MakerDAO Proposed Allocation and its Rationale The proposal under consideration […]
AI News: Google to Destroy Data Records in Privacy Lawsuit Settlement
In settling a lawsuit alleging it surreptitiously monitored the internet activity of users who believed they were browsing in privacy, AI tech giant Google agreed to delete billions of data records. According to a Reuters report, Google had been sued by some of its users who thought the firm hadn’t accessed their data. Google to […]
Decentralized Exchange dYdX Relocates to Avoid US Regulators
The decentralized exchange dYdX has announced its plans to restructure operations by setting up a legal entity in the Cayman Islands. This legislation coincides with the rising regulatory scrutiny by U.S. authorities towards DeFi protocols. Community-Backed Restructuring Plan The move to transfer some of the dYdX operations to the Cayman Islands was approved through a […]
OpenAI to Provide ChatGPT AI Chatbot Access to Users Without Sign-Up
OpenAI will make its ChatGPT AI chatbot available to users without requiring them to register for the service. The moves comes at a time when the company is trying to garner more and more customers amid a tough race with peers. OpenAI to Remove Sign-up Option for ChatGPT AI Chatbot According to Reuters, on Monday, […]
a16z Games Fund One To Back Startups With $30M
a16z General Partner Andrew Chen has announced on X that he would be investing up to $30 million in the Andreessen Horowitz SPEEDRUN program through the a16z Games Fund One. a16z Games Fund To Inject $750K Each Into Qualifying Startups Per a statement from a16z, the SPEEDRUN program is an “early-stage accelerator for startups at […]