Cryptocurrency Analysis and News Portal
Bitcoin has managed to successfully sail through amid several concerning events in the crypto space, with derivatives data showing strength. Amid all the developments surrounding Binance‘s $4.3 billion settlement with the US SEC, the BTC price continues to hold around $37,500. This low volatility in the Bitcoin price shows that
Read More
Renowned cryptocurrency analyst Dark Defender, with a substantial following of nearly 100,000 individuals on platform X, has drawn attention to the emergence
Read More
With the initiative, early-stage projects will get fundraising and other support from the Solana Labs team. Solana Labs, the technology firm behind the Solana network, has announced the launch of a new initiative called Solana Incubator to help grow “the next great companies in the ecosystem.” 1/ Applications are now open to
Read More
OpenAI, the maker of popular artificial intelligence (AI) chatbot ChatGPT, and Dubai-based technology holding group G42 announced a new partnership on Oct. 18 to expand AI capabilities in the Middle East region. The two companies plan to leverage OpenAI’s generative AI models in sectors of G42’s expertise, including financial services, energy,
Read More
Millions of households in the UK are eyeing insolvency as the mortgage crisis in the country looms following the interest rate hike. The possibility of a “mortgage catastrophe” or crisis as predicted by Britain’s finance minister Jeremy Hunt has added pressure on the shoulders of the government. The British government is expected
Read More
More than 80 virtual asset-related firms across Mainland China and foreign nations have expressed interest in establishing a presence in Hong Kong, amid efforts from the city to become a leading hub for Web3. In a March 20 speech in Hong Kong, the Secretary for Financial Services and the Treasury, Christian
Read More
In other SVB-related news, the Financial Group, which was the holding company of SVB, is exploring ways to sell off its other units. Private equity company Apollo Global Management is reportedly interested in the book of loans held by the now-collapsed Silicon Valley Bank (SVB). The bank has made several headlines
Read More
SVB collapsed last week following a $42 billion bank run after it announced plans to sell $2.24 billion in new shares. Original Source
Read More
Should Elon Musk decide to proceed with launching a ChatGPT rival, he will be competing with more than just OpenAI but also with Google’s parent company Alphabet. Elon Musk, the Chief Executive Officer of American electric vehicle maker Tesla Inc (NASDAQ: TSLA) reportedly has his eyes on developing an alternative product
Read More
According to Kano, the company has become an enterprise that offers nothing new to its customers. Yuzo Kano, who is the co-founder of Japan-based cryptocurrency exchange bitFlyer, is planning to re-establish himself as the CEO in a stakeholder meeting next month. In an attempt to stimulate what according to him is a
Read More