Crypto news

Contract electronics manufacturing giant Foxconn banks on explosive AI popularity to drive its server business revenue in 2023.  Foxconn has forecasted significant growth in its artificial intelligence (AI) server business due to robust demand. On Wednesday, the company’s Chairman, Young Liu, said revenue generated from its AI businesses would more than double this year. Liu credited the popularity of generative AI applications like ChatGPT for stoking interest in the sector. At Foxconn’s...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up At the time of writing, the price of bitcoin – the world’s number one digital currency by market cap – has fallen towards $28K, about $2,000 less from where it was just a few weeks ago. During that period, the currency rose to about $30K for the first time in about ten or 11 months, giving everyone the feeling...

The Ripple lawsuit is now rounding out its 29th month. Ripple Labs (XRP) has spent over $200M defending itself in court. Cardano and Ethereum founder Charles Hoskinson said it will probably be resolved in June. During a recent “Surprise AMA” interview on YouTube, a viewer asked Hoskinson: “Charles, do you think the Ripple case gets resolved soon?” To which Mr. Hoskinson answered: “Yes, I do. I think it’s probably next month.” The co-founder of Ethereum and founder and driving...

The Bahamas government’s response will determine whether to go on with or drop some of the cases. Sam Bankman-Fried was apprehended last year in the Bahamas and subsequently transferred to the United States. The allegations against him involve multiple charges relating to financial fraud and the collapse of FTX. Bankman-Fried is charged with engaging in illegal activities, including allegedly working with former FTX executives to persuade American legislators to pass legislation that would...

Coinbase CEO believes China might be looking to directly displace the US dollar from its role in global commerce. Coinbase CEO Brian Armstrong has recently shared his thoughts on cryptocurrencies and the approach of the United States toward the special asset class. He admits that recent happenings around the world of cryptocurrency have made it necessary for policymakers to be more hostile toward crypto. However, he also says that America should not lose sight of the fact that crypto may...

Wood’s Ark Innovation ETF has dropped more than 10% from its peak in early February, while the Nasdaq 100 Stock Index has climbed up by 12% in the same time frame. Cathie Wood, the renowned founder and CEO of ARK Invest is making headlines for stating that software stocks are the next big bet in the Artificial Intelligence (AI) world, following the success of Nvidia Corporation (NASDAQ: NVDA). During an interview with Bloomberg TV, Wood noted that while Nvidia is likely to perform well in...

[PRESS RELEASE – Dubai, United Arab Emirates, May 31st, 2023] In a defining moment for green real estate investment accessibility, Qlindo, the innovative project making waves in sustainable investing, announces its listing on the MEXC Exchange on May 31, 2023. Prior to this exciting development, Qlindo carved a niche of reliability and impact in the green real estate and energy sector. From successfully completing an audit by CERTIK, one of the most respected auditing firms...

Chinese multinational tech company Baidu is launching a well-heeled fund to support AI development and growth.  Baidu (NASDAQ: BIDU) appears set to launch a 1-billion yuan ($145 million) venture capital artificial intelligence (AI) fund to support AI startups. Today, the Chinese tech giant announced its AI fund intentions alongside other related initiatives. In addition to supporting platforms focused on artificial intelligence-generated content, Baidu also plans to launch a contest...

Considering the kind of projects that the Ethereum blockchain hosts, and the kind of services it offers, Roger Ver believes that Ethereum will be able to drive major user adoption. Roger Ver, also popular as Bitcoin Jesus for being an early BTC advocate, recently gave a statement that it will be Ethereum, and not Bitcoin, responsible for driving a bulk of new users towards cryptocurrencies. While speaking at the Show Me The Crypto podcast on Tuesday, May 31, Roger Ver said that despite...

OpenSea cancelt temporär die Handelsgebühren. Damit soll wohl die Abwanderung der Kunden zu Blur verhindert werden. Bitcoin, die weltweit bekannteste Kryptowährung, hat in den letzten Jahren sowohl Investoren als auch Trader angezogen. Die hohe Volatilität und das Potenzial für erhebliche Gewinne haben dazu geführt, dass immer mehr Menschen in den Handel mit Bitcoin einsteigen. In diesem ausführlichen Leitfaden werden wir Ihnen zeigen, wie Sie Ihre...