Markets

According to Samsung, developers can benefit from an interactive interface offered by the “Gauss Code” that supports code description and test case generation functions to build corporate applications tailored to their needs.  Samsung Electronics, one of the leading global electronics companies based in South Korea, is expanding its foothold into the artificial intelligence market with the launch of its own chatbot dubbed Samsung Gauss. The company announced the launch of the new AI...

A number of reputable investors participated in the Series E funding round, among them there were Lakestar, Lightspeed Venture Partners, Coinbase Ventures, and Baillie Gifford. Blockchain.com, a leading cryptocurrency exchange and wallet provider, recently raised $110 million in a Series E equity financing round that was led by UK-based Kingsway Capital. The latest investment comes despite the firm’s valuation falling below half of its previous $14 billion figure that it had earlier this...

Despite the market slowdown, OpenAI continues with aggressive hiring by strategically leveraging the growing interest in AI technology. OpenAI is said to be presenting substantial compensation packages, reaching as high as $10 million, to entice top researchers away from Google, as per a report from The Information. This marks OpenAI’s ongoing efforts to recruit talent from Google’s ranks, with a focus on senior researchers in Google’s AI teams. The proposed annual compensation, largely...

Nexo’s futures markets aren’t targeted at high-leverage traders of existing perps exchanges. Rather, they’re designed for Nexo’s existing customer base, as well as users of other exchanges who’ve yet to experiment with leveraged products. Crypto exchange Nexo has expanded its core products with the introduction of futures trading. The exchange now allows its users to trade more than 70 assets with leverage. Nexo’s futures markets have been designed for users who may have no previous...

At the launch of the Verified USD (USDV) dozens of leading CeFi and DeFi like Animoca Brands, BIT exchange, Coin98 Finance, Matrixport, SushiSwap, and Stargate Finance, among many others will offer support for the revolutionary stablecoin project to its users. Verified USD Foundation, a non-profit and community-based organization that is working on revolutionizing the stablecoins market, has announced the launch of Verified USD (USDV). According to the company, the USDV is a...

Grayscale is optimistic that the easing of CPI data will provide a boost to Bitcoin going ahead while the expectations of spot Bitcoin ETF approval remain high. Over the last two days, the Bitcoin price has come under some selling pressure dropping another 3% in the last 24 hours and moving closer to $35,000. Bitcoin (BTC) encountered fluctuations on Tuesday following the release of the October Consumer Price Index (CPI) report by the United States Bureau of Labor Statistics (BLS). The...

Solana price started a decent increase above the $45.00 resistance against the US Dollar. The price is now trading above $50.00 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $51.00 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $51.00 and $50.00 support levels to start another increase. Solana price is trading above $50 against the US Dollar, like Bitcoin....

Bitcoin price started a downside correction from the $38,000 zone against the US Dollar. The price is now trading below $36,000 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $35,150 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $35,000 support zone. Bitcoin price is correcting lower below $36,000 against the US Dollar. BTC...

Coinbase (NASDAQ: COIN) has listed SOL perpetual futures on its international exchange and Coinbase Advanced. The launch occurred earlier today, November 14. Avalanche’s AVAX is another major cryptocurrency to get listed on both platforms. We’ll see two major trading pairs this week: SOL-PERP and AVAX-PERP. @CoinbaseIntExch will add support for Solana and Avalanche perpetual futures contracts on Coinbase International Exchange & Coinbase Advanced. The opening of our...

Bitcoin (BTC) plummeted back to $35,100 on Tuesday after briefly rallying as high as $38,000 late last week. The collapse has triggered over $367 million in liquidations across the crypto market in the past 24 hours. According to Coinglass, over $200 million in liquidations have occurred in the past hour alone. Across the day, over 103,000 traders have been liquidated, with the largest being a BTC-USDT swap on OKX valued at $9.45 million. Bitcoin started the day trading for...