Crypto news

Local media outlets say that Tesla’s 2022 auto production made up 25% of total automotive production in Shanghai. According to Chinese local media reports, Tesla Inc (NASDAQ: TSLA) cars accounted for approximately a quarter of all auto production in Shanghai last year. The US EV automaker’s 25% automotive production value in 2022 underscores the pace of its increased production output in China. Last year, Tesla generated an auto production value of 183.9 billion yuan ($26.4 billion) in...

The emergence of crypto TV shows can be attributed to several factors, including the increasing popularity of crypto, the growth of DeFi, and the interest of investors in the potential of blockchain technology. Popular crypto analytics service provider CoinMarketCap in partnership with HELLO Labs has launched the world’s first Web3 TV show dubbed Killer Whales. According to the announcement, filming has been scheduled for June in Los Angeles, with the show set to air later this year on a...

Rakuten shares gained approximately 7.9 percent YTD despite dropping about 20 percent last year. Shares of Rakuten Group Inc (Tokyo: 4745) closed Monday trading at ¥643, down 9.05 percent from the day’s opening price. The sudden drop in Rakuten shares was attributed to the announcement by Reuters that the company is in the final stages of issuing new shares in a bid to raise approximately $2.2 billion. According to the media outlet, Rakuten plans to issue shares to founder and CEO Hiroshi...

Identifying the platform’s inability to pay a massive sum of $22 million as penalty in violations of the securities laws, the SEC has revised the penalty to $111,000. In a major development and probably the first, the US Securities and Exchange Commission (SEC) has decided to revise its fine against blockchain-based content-sharing platform LBRY, having identified the platform’s inability to pay a massive sum of $22 million. As per the filing submitted last week on May 12 in a New...

[PRESS RELEASE – Cape Town, South Africa, May 15th, 2023] NFTfi, a leading NFT lending platform, has launched the next phase of its loyalty program NFTfi Rewards. In Earn Season 1, users can get rewarded with exclusive reward points for borrower-friendly loans and responsible lending behavior. The NFT space is growing rapidly, and healthy credit markets are fundamental to its overall growth. NFTfi’s Earn Season 1 reward structure has been designed with this in mind to...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Chiron Investigations is earning a reputation as the go-to platform for those who have lost crypto either due to theft or because they’ve misplaced their private keys. Chiron Investigations Seeks to Aid Victims of Crypto Loss The crypto space has grown like crazy over the past several years. Many people have a...

Ethereum’s price has reached the crucial level of the 100-day moving average at $1760. The PA at this significant support region should be closely monitored, as a breakdown will potentially lead to a massive cascade. Technical Analysis By Shayan The Daily Chart After a short-term consolidation phase, the price experienced a decline and reached the 100-day moving average of $1.7K. Although Ethereum’s recent PA has not shown a clear direction, it initiated a slight uptrend...

[PRESS RELEASE – Seattle, USA, May 15th, 2023] The recent surge of meme coins in the cryptocurrency market is nothing short of phenomena, as meme coins have taken center stage in the world of cryptocurrencies. Amidst the impressive performance of PEPE, a coin that took the center of the meme coin ecosystem, is a new protagonist -the beloved original dog character, Snoopy, who has garnered worldwide affection over a long period of time. Today, the LOVESNOOPY project...

Ripples price has been sinking over the last few months following a clear rejection from a key resistance level. It is currently within a decisive area, and the outcome would likely determine the mid-term trend of the market. Technical Analysis By: Edris XRP/USDT Daily Chart The price has been making lower highs and lows recently, following the significant rally in early May. The bearish reversal at the $0.6 area has initiated the current downtrend, but the cryptocurrency is...

Google has unveiled two handy features for identifying, marking up, and labeling fake or misleading AI images.   Google (NASDAQ: GOOGL) is rolling out a tool that identifies fake artificial intelligence (AI) images generated via its search feature. Reports state that the company’s new feature would reduce the spread of misinformation by identifying misleading AI imagery. Google’s new image search tools prove handy since AI tools can now seamlessly create photo-realistic imitations....