Markets

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up EOS price is trading in a bearish zone below the $0.80 support against the US Dollar. The price is now trading above $0.66 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.660 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase)....

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Litecoin started a steady increase above $82 against the US Dollar. LTC price is now trading above $82 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $77.40 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could rise...

Stablecoins are a “form of money” over which the central bank ought to have some level of authority, said Federal Reserve Chairman Jerome Powell before Congress on Wednesday. The chairman also confirmed that the Fed does not intend to directly issue a Central Bank Digitial Currency (CBDC) in the United States.  During a hearing related to monetary policy, Powell acknowledged that the crypto industry has some “staying power” – but also how its market cap has retraced massively...

Bitcoin(BTC) has risen back above $30,000 for the first time since April amid optimism that a Bitcoin spot ETF product could soon be approved in the United States.  The asset appears to be outperforming other cryptos, sending Bitcoin dominance to another two-year high above 51%.  Bitcoin traded for roughly $28,300 early on Wednesday, before surging to $30,650 by 16:38 UTC. At press time, the asset trades for $30,250, according to TradingView. The pump puts Bitcoin up 7.00%...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Former Coinbase product manager Ishan Wahi will serve two years behind bars after he took part in a crypto-based insider trading scheme. Former Coinbase Manager Heading to Prison As a former employee of one of the world’s largest and most renowned crypto trading platforms, Wahi gained access to specific...

The crypto market is displaying a strong bullish surge, with the global cap expanding by 6% over the last 24 hours. While Bitcoin’s institutional and mainstream adoption is driving the rally – thanks in part to BlackRock’s application for a Bitcoin ETF – altcoins and meme coins are also seeing explosive surges. Pepe has emerged as one of the top performers, with the token surging close to 15%. Investors remain encouraged that it will re-hit the $1 billion market cap. Another...

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...