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EU Council reaches agreement on supercomputer use for AI development
24.5.2024
EU Council agrees on regulation to expand EuroHPC’s supercomputing role, adding AI factories to boost Europe’s AI ecosystem and support startups
JayX Launches Unique LK Trading Contest: Win Big Even with Losses
24.5.2024
PRESS RELEASE. JayX, a leader in blockchain innovation, is thrilled to announce the LK Trading Contest, a novel event designed to engage traders of all levels with its unique dual prize structure. Running from May 20, 2024, 10:00 UTC to June 20, 2024, 9:59 UTC, this competition celebrates both high...
Who Needs an Off-Ramp? Ether.fi Plans Visa Card for Crypto Degens
24.5.2024
The "Cash" Visa card from Ether.fi, the liquid restaking startup on Ethereum, might help crypto natives turn their decentralized finance investments into spending money
The House passes a crypto regulatory framework bill; what’s next?
24.5.2024
FIT21 has reached a significant milestone. The House has cleared the way for the legislation to climb the ladder rather than move to the Senate and President to become law officially. What lies next is a phase of optimism and clarity for the crypto market. Biden’s opposition to the bill...
Crypto Exchange OKX Withdraws Hong Kong License Application
24.5.2024
The exchange's action follows that of Huobi Hong Kong and several other applicants earlier this month
Ethereum Spot ETF: A new era for crypto as a commodity?
24.5.2024
Finally, the day has dawned when the spot Ethereum ETF will be recognized as a commodity. The Chief Legal Officer with Coinbase takes the opportunity to reiterate his earlier claim that Ethereum is indeed and essentially a commodity, as shared through a post on X. Following a prolonged wait, 19b-4...
Ether ETFs will ‘destroy ethos of crypto,’ says DeFi exec
24.5.2024
The Ether ETF approval in the U.S. has sparked both investor excitement and decentralization debate
CatCoin demands BitForex resolve token withdrawals, hints at lawsuit
24.5.2024
The CatCoin team urged BitForex to respond to their grievances via a designated email address, marking a last-ditch effort before potentially escalating the matter further
Nvidia beats Q1-2024 statistics, boosting AI coin speculation
24.5.2024
Nvidia has published its numbers for the first quarter of 2024. They are promising, as there is a significant increase of 262% on a yearly basis. Revenue has soared to $26 billion, up 18% in the last three months. The majority of the momentum is built around artificial intelligence. Hence, there...
First Mover Americas: Crypto Extends Slide Despite SEC Ether ETF Filings Approval
24.5.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for May 24 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Technical Analysis: BTC Consolidation Signals Range-Bound Activity
24.5.2024
Bitcoin is currently priced at $67,350, with a market capitalization of $1.32 trillion and a trading volume of $42.36 billion. The cryptocurrency’s price has fluctuated within the range of $66,665 to $70,028 over the last 24 hours. Bitcoin Recent trends in the daily chart reveal bitcoin...
Investing in the Metaverse: Is It Worth It?
24.5.2024
The concept of the Metaverse has gained significant attention in recent times, prompting many to consider its investment prospects.
The post Investing in the Metaverse: Is It Worth It? appeared first on Cryptonews
Ethereum ETF buzz increases Bitcoin mining challenge
24.5.2024
On May 23, the Bitcoin mining world experienced a significant change. The difficulty of mining increased by 1.5%, reaching a record high of 84.4 trillion. This is important because it indicates the increased computational power needed to obtain new blocks of Bitcoin. Furthermore,...
Solana Price Prediction as ETF Rumors Emerge – Is $10,000 SOL Possible?
24.5.2024
The Solana price has dropped by 8% in the past 24 hours, falling to $163.28 on a day when the cryptocurrency market as a whole has lost 4%.
The post Solana Price Prediction as ETF Rumors Emerge – Is $10,000 SOL Possible? appeared first on Cryptonews
Can stablecoins save US freelancers from Venmo fee hike? Industry weighs in
24.5.2024
According to Dan Romero, as Venmo introduces higher fees, stablecoins could emerge as a potential lifeline for 1099 workers
Paraguay Cracks Down on Illegal Bitcoin Mining: Over 550 Miners Seized
24.5.2024
Paraguayan authorities have intensified their efforts to fight illegal bitcoin mining, using innovative techniques including artificial intelligence (AI) and its distribution systems to detect these activities. In less than a week, two new illegal bitcoin mining operations have been closed with...
Meme coins appear to be losing steam
24.5.2024
Meme coins appear to be losing steam, which is evident from the decline in the values of SHIB and DOGE. Both tokens have lost 6.40% and 5.18% in the last 24 hours, respectively. One theory states that it is likely because of the emergence of Solana in popularity. Another theory suggests that this...
Hong Kong crypto exchange folds to regulatory pressure
24.5.2024
Gate.HK plans a major overhaul to comply with regulations and aims to relaunch services after obtaining the necessary licenses
VanEck launches Ethereum ETF Ad seconds after SEC green light
24.5.2024
In a groundbreaking development for the cryptocurrency market, investment management firm VanEck launched an Ad for its newly approved Ethereum ETF just minutes after receiving the green light from the U.S. SEC. This swift move underscores the growing mainstream acceptance of digital assets...
Bitcoin Price Prediction with $80K on the Horizon – Will BTC Rally Soon?
24.5.2024
Bitcoin struggles at $67,824 amid strong US economic data, with investors eyeing Fed comments and upcoming reports for cues on a potential rally to $80K.
The post Bitcoin Price Prediction with $80K on the Horizon – Will BTC Rally Soon? appeared first on Cryptonews