Tag Archives: News

Wood’s Ark Innovation ETF has dropped more than 10% from its peak in early February, while the Nasdaq 100 Stock Index has climbed up by 12% in the same time frame. Cathie Wood, the renowned founder and CEO of ARK Invest is making headlines for stating that software stocks are the next big bet in the Artificial Intelligence (AI) world, following the success of Nvidia Corporation (NASDAQ: NVDA). During an interview with Bloomberg TV, Wood noted that while Nvidia is likely to perform well in...

Chinese multinational tech company Baidu is launching a well-heeled fund to support AI development and growth.  Baidu (NASDAQ: BIDU) appears set to launch a 1-billion yuan ($145 million) venture capital artificial intelligence (AI) fund to support AI startups. Today, the Chinese tech giant announced its AI fund intentions alongside other related initiatives. In addition to supporting platforms focused on artificial intelligence-generated content, Baidu also plans to launch a contest...

Considering the kind of projects that the Ethereum blockchain hosts, and the kind of services it offers, Roger Ver believes that Ethereum will be able to drive major user adoption. Roger Ver, also popular as Bitcoin Jesus for being an early BTC advocate, recently gave a statement that it will be Ethereum, and not Bitcoin, responsible for driving a bulk of new users towards cryptocurrencies. While speaking at the Show Me The Crypto podcast on Tuesday, May 31, Roger Ver said that despite...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Tron price started a fresh increase above the $0.0720 level against the US Dollar. TRX price is now trading below $0.0780 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $0.0752 on the 4-hours chart (data feed via Kraken). The pair could continue to move...

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 $27,400 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $28,000 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The...

The Qwan tokens have a total supply of 1 billion with about 455 million, representing 45.5 percent, being allocated to the ecosystem’s treasury. The Qwan, a Web3 crypto token geared towards revolutionizing the gaming industry by involving users, has announced plans to launch on the Ethereum ecosystem on May 31. Backed by key Web3 investors including Horizen Labs Ventures – which has backed successful GamiFi projects like Yuga Labs, The Sandbox, and Animoca Brands – the Qwan token intends...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Many analysts believe the present wave of price hikes and technical upgrades recently enjoyed by leading digital currencies like bitcoin and Ethereum will lead to a huge surge in institutional crypto investing. Bitcoin and Ethereum May Be Boosting Institutional Confidence Not long ago, the price of bitcoin rose...

Robotics developer Serve recently deepened its relationship with Uber Eats to deploy 2,000 bots for food deliveries across the US.  Serve Robotics has expanded its partnership with Uber Eats, deploying as many as 2,000 delivery bots across the United States. Reports state that Serve Robotics’ autonomous sidewalk delivery robots would be on hand to deliver goods via Uber’s platform in several US-based markets. The Serve Robotics-Uber Eats partnership would last until early 2026. Speaking on...

As the NFT landscape continues to evolve, the integration of Ethereum and Bitcoin ecosystems through the BRC-721E standard paves the way for further innovation and expansion that can even attract more mainstream innovators into the Web 3.0 world. The recent introduction of Bitcoin (BTC) Ordinals and the unveiling of the BRC-721E protocol is aimed at bridging the gap between Bitcoin and Ethereum (ETH), particularly in the field of Non-Fungible Tokens (NFTs). According to reports, the...

The ECB has finalized its digital euro prototype scheme as it mulls whether to roll out the government-backed token.  The European Central Bank (ECB) has finalized a digital euro prototype ahead of a development decision. Later this year, the leading central bank would decide whether to develop the fiat euro as a digital variant. According to a Friday report, the ECB examined distributed ledger technology and smart contracts as prime components of a potential digital euro. However, the...