Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up A survey suggests that should the United States ever default, the public sees bitcoin as more of a “safe haven” than the U.S. dollar. Bitcoin Is a Bigger Safe Haven Than USD, Survey Says Things aren’t as strong as one would assume considering bitcoin only placed third on the list. The first “safe haven” viewed...
Read More »Bitcoin Cash Trading Volume on Upbit Skyrockets as BCH Soars 120% Weekly
The leading South Korean cryptocurrency exchange – Upbit – has recorded a trading volume of more than $350 million for the Bitcoin Cash (BCH)/Korean Won (KRW) pair for the past 24 hours. In comparison, trades involving Bitcoin (BTC) have been three times less. BCH has been among the best performers in the crypto market lately, with its USD valuation up over 180% for the past two weeks. BCH Grabs the Attention of Koreans As revealed by Wu Blockchain, BCH/KRW trades on South...
Read More »Anthony Scaramucci to AI Backers: Bet on Long-Term Investments
Scaramucci highlights the importance of patience when considering Nvidia as an investment opportunity. Investing in Artificial Intelligence (AI) stocks has become increasingly popular as the technology continues to reshape industries. However, concerns about a potential bubble in the AI industry have emerged. In a Bloomberg report, Anthony Scaramucci, the Founder of SkyBridge Capital, advised AI stock investors to concentrate on long-term investments amidst these concerns. He highlights...
Read More »Bitcoin Cash Surges to Over 1-Year High amid Rising Trading Volume in South Korea
Since BCH became one of the four cryptocurrencies traded on EDX, its price has continued to rise. In the last 24 hours, the crypto has spiked more than 30%, reaching $325 for the first time since April 2022. Bitcoin Cash (BCH) is experiencing a major increase in price and trading volume due to different reasons. One of the significant factors that have been said to affect its price is that Fidelity, Charles Schwab, and Citadel-backed EDX Markets introduced BCH as part of the assets...
Read More »Typeface Valued at $1B Following $100M Series B Funding from Salesforce, Microsoft, Google
The funding round conducted only a few months after its public launch puts Typeface in fierce competition with similar tools. Typeface, a generative artificial intelligence (AI) content creation platform for enterprises, announced it has concluded a Series B funding round. Typeface received $100 million in funding from a round led by Salesforce Ventures, the arm of Salesforce Inc (NYSE: CRM) that provides funding, support, and mentorship to startups. The round brings Typeface’s total...
Read More »Google Says It Will Remove All News Links in Canada in Response to Online News Act
Google said the decision by Canada exposes the company to “uncapped financial liability”. Google (NASDAQ: GOOGL) is removing all Canada news links from its search due to a new Online News Act. The tech giant said it would block all Canadian news, meaning users will no longer find any report linked to the country on the search engine. The decision was in response to a new law that required tech companies to pay media outlets for content. Last week, the Canadian government’s controversial...
Read More »UK Passes Legislation to Support Safe Adoption of Crypto Assets Post Brexit
The UK government wants to adopt the nascent crypto asset industry to enable exponential growth to its economy away from the Brussels shackles. Having successfully secured its independence from the European Union through Brexit, the United Kingdom (UK) continues to reorganize its internal policies to attract international investors and streamline bilateral trade. In the latest developments under the leadership of Prime Minister Rishi Sunak, the UK government announced the Financial...
Read More »Shein Denies US IPO Rumors
Even if the IPO rumors were true and Shein wanted to list in the US, the company would need to clear the air about environmental, social, and governance concerns. Fast-rising Chinese fashion giant Shein has denied the widespread rumors that it has filed for an initial public offering (IPO) in the US. Rumors had it that the company was planning to go public in the US before the end of the year. At the time, A Reuters report said Shein was considering the New York Stock Exchange (NYSE) for...
Read More »Bitcoin Cash Analysis: Rally Gains Pace Above $300
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin cash started a strong increase above the $225 and $250 levels against the US Dollar. The price is now trading above the $280 zone and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $270.00 on the 4-hour chart of the BCH/USD pair (data feed from...
Read More »Ledger Jumps Into Institutional Trading Tech Market With Tradelink’s Launch
Prominent crypto wallet service provider Ledger has announced the launch of a new trading and settlement network technology dubbed Tradelink. The new product offering is designed for asset managers, custodians, and exchanges/OTC with off-exchange trading capabilities and aims to eliminate unnecessary complexities while simultaneously boosting operational speed. As per the company’s website, Tradelink enables trade on multiple exchanges without on-chain liquidity re-balancing,...
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