Bitcoin bulls target $64K BTC price hurdle as US stocks eye new record
BTC price performance finally attempts to catch up with risk assets as a Bitcoin renaissance takes over.
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Red Bull Racing scores $150M sponsorship with Bybit
Formula One team Red Bull Racing scores a multi-year partnership worth $50 million per annum with crypto exchange Bybit. 249 Total views 3 Total shares Following Red Bull Racing's most recent wins at Formula One (F1), the racing team scores a three-year partnership with Singapore-based crypto trading platform Bybit for $50 million per year. According…
Digital Currency Group, Polychain Back UK Crypto Futures Exchange Coinflex
Physically delivered crypto futures exchange Coinflex has attracted two more high-profile crypto investors, Digital Currency Group and Polychain Capital, the exchange tweeted on March 12.The new investors have joined Coinflex’s investor consortium, which includes major market making and venture capital names such as Dragonfly Capital Partners, Trading Technologies and Roger Ver.In the same announcement, Coinflex…
DJ David Guetta puts luxury Miami pad up for sale, will accept 38 Bitcoin for it
David Guetta is selling his $14 million Miami beachfront apartment, and will accept payments in Bitcoin and Ethereum. 4299 Total views 15 Total shares Renowned French DJ David Guetta has put his luxury apartment on Miami Beach up for sale and will accept payments in Bitcoin and Ethereum. The three-bedroom 2528 square foot beachfront property…
Meta introduces AI models for video generation, image editing
Social media giant Meta has introduced its latest artificial intelligence (AI) models for content editing and generation, according to a blog post on Nov. 16. The company is introducing two AI-powered generative models. The first, Emu Video, which leverages Meta's previous Emu model, is capable of generating video clips based on text and image inputs. While
Chain.com tokens lose 96% of value in 24 hours due to flash crash before recovery
Prices quickly recovered after developers determined that a technical API issue, not a security breach, catalyzed the heavy sell-off. 659 Total views 24 Total shares On Tuesday, tokens of cloud blockchain infrastructure provider Chain.com (XCN) suddenly lost over 90% of their value before recovering most of their losses later in the day. In a post-mortem…
Solana DeFi protocol Everlend shuts down over liquidity issues
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Key data points suggest the crypto market’s short-term correction is over
The performance of cryptocurrencies in the past 7 days might have seemed slightly unexciting, especially since the total market capitalization increased by “only” 1.8% to reach $2.7 trillion. However, even with the muted price action, some altcoins managed a decent rally. Bitcoin (BTC), on the other hand, was down 6% until Nov. 28, but it…
Artists sue SEC over NFT status, DraftKings kills NFT business: Nifty Newsletter
Two artists have taken legal action to demand clarification from the SEC over the status of NFTs.