Markets

Kava layer one blockchain joins other chains – like Ethereum, Solana, Algorand, EOS, Liquid Network, Omni, and Tron – that support USDT. The leading United States dollar-pegged stablecoin, Tether (USDT) has found a new channel to mainstream adoption through the Kava network, a layer one (L1) blockchain that was designed with scalability and speed in mind. According to the announcement, Tether USDT will work closely with the Kava blockchain to reshape the future of decentralized finance....

In addition to recruiting top-tier lawyers to bolster its defense, Coinbase has also filed “amicus briefs,” commonly known as friend-of-the-court briefs. In the face of intensified regulatory scrutiny within the cryptocurrency industry, Coinbase Global Inc (NASDAQ: COIN), a prominent American digital assets service provider, took a strategic legal approach to proactively influence court rulings in unrelated cases before becoming the primary target of a US crackdown. According to a recent...

The Bitcoin price rallied soon after the spot BTC ETF applications by WisdomTree and Invesco on Tuesday. Bitcoin extends its market dominance to 50% of the overall crypto market. Over the last 24 hours, the world’s largest cryptocurrency Bitcoin (BTC) has seen its price shoot by a staggering 8% moving closer to $29,000 levels. As of press time, BTC is trading at $28,884 with a market cap of $560 billion. The recent catalyst to the BTC price surge has been a flurry of applications for the...

Reports in Chinese media about an Ant Group LLM for AI have been confirmed by the company, however, without any additional details. Alibaba affiliate company Ant Group is working on its own large-language model (LLM) to join the AI race. Ant Group confirmed stories reported by Chinese publications about an in-house LLM named Zhenyi. Since artificial intelligence became popular, most tech giants and other industry behemoths have been hustling for a seat at the table. In the last three...

Ava Labs’ latest innovative approach reflects the company’s commitment to pushing the boundaries of the AI technology. Artificial intelligence (AI) has taken another foray into the cryptocurrency industry, the latest to embrace this cutting-edge technology is Ava Labs, the brains behind the success of Avalanche blockchain. The software development company recently unveiled its newest addition: AvaGPT, a generative AI assistant to enhance user experiences. In a lengthy Twitter thread on...

iShares, Bitwise, WisdomTree, and Invesco, have just submitted proposals for a Bitcoin ETF, signaling a significant advance in the crypto business.  Bitcoin (BTC), the leading cryptocurrency, has experienced a remarkable surge in recent days, with its price coming in at $28,887.88, up by 8.03% within a 24-hour period and by 11.44% over the last week. The revival in the price of Bitcoin has marked a significant pivot point for most altcoins which are now printing their multiweek high at the...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Solana price started a decent increase above the $15.50 resistance against the US Dollar. The price is now trading above $15.50 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $15.40 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin price started a fresh increase above the $27,500 zone against the US Dollar. The price is now trading above $27,500 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $28,000 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair...

The latest ASX Australian Investor Study estimated that approximately 15% of Australians have invested some of their wealth in cryptocurrencies. The figure is somewhat similar to the 17% registered during the bull market in 2021. The research further showed that young Aussies are more inclined towards the industry, with 31% being HODLers. The Latest Trends in ‘The Land Down Under’ According to the analysis, roughly every seventh Australian has entered the cryptocurrency...

Following through on its promise in May, crypto exchange giant Binance confirmed on Tuesday that it has begun running multiple nodes on Bitcoin’s lightning network.  The exchange plans to leverage the layer-2 scaling solution to enable cheaper Bitcoin (BTC) deposits and withdrawals on its platform.  Binance resolved to integrate lightning after an explosion in memecoin / Ordinals popularity on Bitcoin in May, which triggered major blockchain congestion and drove up...