Crypto is down, but FET and AI tokens are up — Here’s why
FET and other AI tokens are outperforming the wider crypto market this week, but is the rally purely driven by investors’ earnings expectations for Nvidia?
Related Posts
Curve Finance soft liquidation works, but CRV plunges 28%
Curve Finance’s LLAMMA successfully handled liquidation during a hack attempt, but the CRV token fell by 28%, sparking concerns in the DeFi community.
EY Hired to Help Develop Blockchain-Based Fine Wine Trading Platform
A blockchain-based fine wine investment trading platform has selected Big Four auditing firm EY to provide technology services as its development continues.WiV Technology enables clients to trade bottles and cases of premium wine, with the origin, quality and value of assets certified on a constantly updated blockchain.In a news release on Aug. 12, EY said that…
From taxes to electricity, blockchain adoption is growing in Austria
Austria has been actively transforming into an attractive location for providers of blockchain-based products, with the government itself experimenting with the technology and trying to create a legal basis upon which companies can use it. With regard to blockchain-based applications in the economy, however, Austria is still in the experimental phase, with most firms still running…
NFTs and Soulbound tokens define Web3 filmmaking, says director
As various mainstream industries adopt Web3 tools, the world of filmmaking can take a lesson from the offerings of NFTs and the newly appeared soulbound tokens to define a new age of cinema. 241 Total views 4 Total shares Own this piece of crypto history Collect this article as NFTWeb3 tools and innovations are making…
Tax strategies allow crypto investors to offset losses
2022 was tough for the crypto market. A recent report published by security services platform Immunefi found that the crypto industry lost a total of $3.9 billion in 2022. Detrimental losses such as these are often concerning for crypto investors, yet there may be a silver lining behind decreasing assets for investors reporting crypto on their…
Robinhood rolls out wallets to 2M waitlisted users, plans to integrate Lightning
The crypto wallet will not support Ethereum-based services like nonfungible tokens and ERC-20 tokens. 489 Total views 4 Total shares Cryptocurrency and stock trading app Robinhood will roll out its digital wallet feature for 2 million additional users.In a Thursday announcement at the Bitcoin 2022 Conference in Miami, Robinhood chief product officer Aparna Chennapragada said…
Did Grayscale push Bitcoin back up to the $40K mark?
Some stats indicate Bitcoin’s current rally could be more reliant on institutional investors than ever before. 1397 Total views 7 Total shares Within 48 hours of Grayscale reopening its services to new investors on January 13, Bitcoin’s price shot up by almostd 20%, to once again hover just under the $40,000 mark. During the same period,…
Buy the Pump, Sell the Dump — Does Momentum Investing Work in Bitcoin?
Since the start of the year, Bitcoin (BTC) price has been as high as $9,200 — a 2-month high — while going as low as $6,900 on Jan. 3. Bitcoin’s volatility is one of the most frequently discussed issues that arise when investors evaluate Bitcoin as an asset class. However, its volatile behavior is what…