Crypto news

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The bitcoin price is getting a lot of hype as of late given that it recently hit $30K for the first time in about 11 months. The news is no doubt good, but Ethereum is also doing quite well and hogging up the spotlight considering it just went through its Shapella upgrade, and now the co-founder of ETH Vitalik...

For Q1 2023, Xiaomi sold far fewer smartphones than in the first quarter of last year due to waning demand.  Xiaomi Corporation recently posted its Q1 2023 earnings report, which saw its revenue plunge 18.9% amid a wane in global smartphone demand. On Wednesday, the Chinese consumer electronics designer and manufacturer reported first-quarter sales of 59.5 billion yuan ($8.61 billion). Xiaomi’s Q1 2023 sales figure was roughly in line with the 59.43 billion yuan analysts expected for the...

The tech startup sector has recently faced challenges due to rising interest rates, which have put pressure on valuations, especially for late-stage companies. Europe’s startup ecosystem has matured significantly, and despite challenges faced by the tech industry, the region is witnessing a rise in startup mafias. According to new reports from the venture capital firm Accel, Europe, and Israel produced an average of five tech companies for every venture-backed company worth $1 billion or...

Crop commodities, including orange juice, are bullish following several underperforming weeks and could hit record highs May-ending.  Orange Juice futures climbed 29% this year and is fully recovering following the volatility that succeeded its record highs. The world benchmark FCOJ (Frozen Concentrated Orange Juice Futures) contract remains firmly rooted among raw materials with double-digit gains for 2023. Amid this development, agriculture-focused financial services provider Rabobank...

Adobe and Activision Blizzard, two of the biggest names in the technology industry, have introduced new generative artificial intelligence tools designed to assist humans. Leading technology giants Adobe and Activision Blizzard have introduced generative artificial intelligence (AI) tools to improve human creativity, not replace them. The move aims to streamline processes and empower artists and designers to produce high-quality content. Adobe, the renowned graphic software maker,...

British inflation has been stubborn forcing the Bank of England to continue its interest rate hikes to 4.5%, for the 12th consecutive time. Economists are expecting further hikes in the upcoming meetings. As per the latest reports, the UK inflation has taken fresh dive under 10% for the last month of April 2023. This happened as the energy price retreated and the impact of Russia’s invasion of Ukraine started to subside on the annual consumer price comparison. Earlier on Wednesday, May...

WaaS (Wallet as a Service) reportedly employs cutting-edge multi-party computing (MPC) technology to safeguard the private keys of its users. Coinbase has announced that it released and launched a new Web3 wallet solution dubbed “Wallet as a Service” (WaaS) on the Ethereum mainnet. The new service, a version of the crypto firm’s cloud product, went live on May 23 and utilizes a multi-party computation (MPC), according to a Twitter announcement from a software developer at the company. The...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Tron price started a fresh increase from the $0.0710 level against the US Dollar. TRX price is now trading above $0.0765 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $0.0742 on the 4-hours chart (data feed via Kraken). The pair could continue to move...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin price is attempting a fresh increase from the $26,000 zone against the US Dollar. The price is now trading near $27,100 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $27,100 on the 4-hour chart of the BTC/USD pair (data feed from...

Strike – a Bitcoin payments company and remittance app – announced the integration of the world’s largest stablecoin, Tether’s USDT. The latest move comes on the heels of Strike’s expansion into 65 additional countries and USDT-supported new app design, which was announced at Bitcoin 2023. Strike-Tether Integration The integration aims to address key challenges hindering the widespread acceptance of the industry, including the volatility aspect of crypto-assets. As such,...