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South Korea’s 2nd largest chipmaker to invest $75B in AI through 2028
30.6.2024
The investment comes after a March commitment to spend $90 billion on a chip fabrication facility near Seoul
3 ways traders can avoid trading tokens with manipulated volumes
30.6.2024
Manipulated trading volumes are rampant on some crypto exchanges. Here are three ways to use data to avoid being washed out
Payment infrastructure is the key to bringing retail users to crypto
30.6.2024
Crypto enthusiasts have been wondering why no one seems to be buying their coins this cycle. If people could use crypto for something, maybe that would change
Treasury and IRS Announce Digital Asset Tax Reporting Regulations
30.6.2024
The U.S. Department of the Treasury and the IRS have released final regulations for tax reporting on digital asset sales, as part of the Biden-Harris administration’s implementation of the Infrastructure Investment and Jobs Act. Additionally, the Treasury and the IRS revealed that they anticipate...
Bitcoin price recovery to $62.5K could trigger breakout in TON, AVAX, KAS and XMR
30.6.2024
Bitcoin’s recent weakness has pulled several altcoins lower, but TON, AVAX, KAS and XMR look set to move higher
3 things that can spoil a potentially bullish July for Bitcoin
30.6.2024
BTC price is likely to face headwinds in July from Mt. Gox repayments that could result in a "bull pennant" breakdown on the charts
Analyst Updates Spot Ether ETF Launch Date Prediction Citing Slow SEC Review
30.6.2024
Bloomberg’s senior ETF analyst has updated his prediction regarding the launch of ether exchange-traded funds (ETFs), noting delays due to the U.S. Securities and Exchange Commission (SEC)’s review process during the holiday week. Despite the approval of 19b-4 filings for eight ether ETFs in...
AI needs a killer app to prove it’s not a bubble — Goldman Sachs, MIT
30.6.2024
Analysts were split over whether today’s AI investments would pay off in the next decade
Stablecoin Market Remains Steady in June Amidst Crypto Volatility
30.6.2024
While June was a lackluster period for crypto assets as many experienced double-digit losses against the U.S. dollar, the stablecoin market also saw minimal growth over the past 30 days. Ethena’s USDE led the growth, with its supply increasing by 21.4% since May. Stablecoin Economy Shows...
The Six-Digit Struggle: What if Bitcoin Falls Short of $100K?
30.6.2024
As bitcoin continues to lead the cryptocurrency market, its notable climb beyond previous peaks has drawn the interest of investors and supporters alike. The dominant cryptocurrency’s latest performance suggests it might approach a triple top, potentially exceeding $90,000. However, reaching...
Polymarket Bet on Biden Dropping Out Rises to 50% as Camp David Retreat Fuels Speculation
30.6.2024
This weekend, following the first presidential debate of 2024, the prediction market Polymarket, powered by Polygon, saw a shift in the wager regarding whether incumbent President Joe Biden will withdraw from the race. Just two days prior, the odds of Biden stepping down were at 39%, and as of June...
Double-Digit Swings Dominate June Crypto Market Performances
30.6.2024
According to market data, crypto assets struggled throughout June, with only a select few recording gains. The largest gainer was the meme coin brett (BRETT), which surged 64.9%, while the biggest loser was the meme token maga (TRUMP), plummeting 55.29%. Select Coins Rise Despite Overall Decline...
ECOWAS urged to adopt crypto rules like Europe’s MiCA
30.6.2024
Nigerian data and policy analyst Obinna Uzoije noted that a unified regulatory framework for all ECOWAS member states would offer potential crypto investors much-needed clarity
Kiyosaki Recommends Most People to Sell BTC, Vivek’s VP Prospects Spike 1,100%, and More — Week in Review
30.6.2024
Robert Kiyosaki advises selling bitcoin amid its crash, yet plans to buy more, likening his approach to Warren Buffett’s “buy and hold forever” strategy. Vivek Ramaswamy’s chances of becoming Trump’s vice presidential pick have surged by 1,100% on Polymarket....
Nigeria’s Naira Rated Worst-Performing Currency in H1 of 2024; Kenyan Shilling Named Best Performer
30.6.2024
In the first half of 2024, the Nigerian currency depreciated by nearly 40%, making it the worst-performing currency during that period. Meanwhile, the Kenyan shilling appreciated by 20.7%, ranking it as the best performer. The depreciation of the Nigerian naira was primarily driven by U.S. dollar...
Bitcoin price gets 'interesting' as triple candle close sees $61.5K return
30.6.2024
BTC price action sees uncommon moves for a weekend ahead of Bitcoin's weekly, monthly and quarterly close
Floki Inu warns of fake tokens on Solana and Base blockchains
30.6.2024
Floki Inu urged its community to obtain token information only from official sources to prevent falling victim to these fraudulent schemes
Zambia Working on Establishing an AI Framework, Says Minister
30.6.2024
Zambia has reportedly initiated a process to establish an artificial intelligence framework and is collaborating with the Tony Blair Institute to formulate an artificial intelligence strategy. Sarah Luyele Njamu said Zambia can leverage AI for economic growth, improved healthcare, enhanced...
Number of crypto ATMs installed nears its all-time record
30.6.2024
The net 2,564 cryptocurrency ATMs installed so far in 2024 is on track to outpace the net 2,861 machines that were unplugged in 2023
Bitcoin Tops Michael Dell’s Poll on X, Outshining AI and Love With Over 64,000 Votes
30.6.2024
Dell CEO Michael Dell recently conducted a poll asking people to identify the most important factor among artificial intelligence (AI), love and relationships, and the crypto asset network Bitcoin. The poll concluded with Bitcoin receiving a majority of the more than 64,000 votes. Dell’s Poll...