Cryptocurrency Analysis and News Portal
Coinbase CEO believes China might be looking to directly displace the US dollar from its role in global commerce. Coinbase CEO Brian Armstrong has recently shared his thoughts on cryptocurrencies and the approach of the United States toward the special asset class. He admits that recent happenings around the world of
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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
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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
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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
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The Bybit exit from Canada the increasingly stringent crypto regulations enacted by Canada’s securities regulator. Bybit recently announced its exit from Canada due to recent regulatory developments in the North American nation. The Dubai-based crypto exchange said it is suspending its offerings to Canadian residents and exiting the country’s market today. Bybit’s
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Transak said that the funds raised will go towards global expansion by building onboard solutions, financial applications, as well as Web3 games. Web3 crypto startups have been recently on the radar of investors and have been raising funds even in the current macro scenario. On Tuesday, May 30, Web3 payments
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Goldman Sachs is not the only company to participate in the latest round of Wall Street layoffs. Such banking giants as Morgan Stanley and JPMorgan Chase are also reducing their headcount. Banking giant Goldman Sachs Group Inc (NYSE: GS) is reportedly planning to run a new round of layoffs. According to those
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The SEC noted that Wahi and Nikhil purchased at least 25 crypto assets from Coinbase before listings, out of which nine were securities. The United States Securities and Exchange Commission (SEC) counted another win in regulating the nascent crypto industry through a Coinbase Global Inc (NASDAQ: COIN) insider trading case. According
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Of the key markets in the Asia Pacific region, only the South Korean Kosdaq saw a slight uptick. The global stock market is experiencing differing growth moves as key inflation markers in many regions remain positive. In Hong Kong, the Hang Seng Index (INDEXHANGSENG: HSI) is down by 2.22% after shedding
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As these two significant platforms combine their experience and resources, they have the potential to set new standards for decentralized banking and uncover a plethora of opportunities for developers and consumers alike. Tenet, a functional layer-1 blockchain network built on the Cosmos SDK, has recently forged a groundbreaking partnership with LayerZero,
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