East African nation Rwanda aims to create its own retail central bank digital currency (CBDC) to assert its significance in the global economy’s future landscape by 2026. According to the…
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El Salvador’s crypto-friendly President Nayib Bukele, 42, is set to govern for another five years taking near-total control of parliament. President Bukele took the oath of office at the National…
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FTX Estate Sells Off Remaining Anthropic Holdings Amid Bankruptcy Proceedings
The FTX estate, led by CEO John Ray III, has divested its remaining shares in Anthropic, the AI startup known for its chatbot Claude, as revealed in the firm’s recent…
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Bitcoin Price Prediction as Exchange Balances Hit Five-Year Low – Bullish Outlook for BTC?
Bitcoin Price Prediction Bitcoin’s exchange balances have dropped to their lowest level since March 2018, falling below 2.3 million BTC. This significant decline, driven by major outflows from Binance and…
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Magic Leap has announced a technology partnership with Google to develop new extended reality (XR) technologies. The collaboration brings together Magic Leap’s expertise in optics with Google’s infrastructure, potentially signaling…
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Solana Price Prediction as Ripple CEO Sees SOL ETFs as ‘Inevitable’ – Will SOL Reach $1,000 This Year?
Ripple CEO Brad Garlinghouse recently predicted that Solana ETF is inevitable following the SEC’s approval of Bitcoin and Ethereum ETFs. At the Consensus 2024 event, Garlinghouse highlighted the potential for…
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Editor's PickInvesting
Bonk Price Prediction as Open Interest Falls by $8 Million – Will BONK Recover?
BONK’s recent price decline has led to a significant drop in investor confidence, reflected in the asset’s Open Interest (OI). OI fell from $24 million to $16 million, slightly recovering…
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Biden Vetoes Bill Overturning SEC Crypto Accounting Standard SAB 121 – Here’s What That Means
President Joe Biden has vetoed a resolution aimed at overturning the U.S. Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin (SAB) No. 121. Biden argued that challenging the proposed guidelines…
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Editor's PickInvesting
Bitcoin Price Prediction Following Buterin’s Analysis of Scaling Disputes – Will BTC Adapt?
Bitcoin Price Prediction Bitcoin (BTC) has failed to sustain its overnight bullish momentum, trading near $67,700. This downturn is influenced by several factors, including a $300 million hack at a…
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Cathie Wood’s Ark Investment Management has withdrawn its involvement in the race to launch an exchange-traded fund (ETF) that would directly invest in Ether, the second-largest cryptocurrency. The amended prospectus…