Ethereum poised for record highs in Q1 2025, analysts predict
Ether’s price may see an imminent breakout against Bitcoin based on Ether’s correlation with the four-year Bitcoin halving cycle.
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Facebook’s David Marcus Addresses Libra Trust Issues
David Marcus, the head of Calibra at Facebook, emphasized that Libra users will not have to put their trust in Facebook, in a post on July 3.Marcus reiterated that Facebook is not the only member of the Libra Network, and that they are relinquishing control of the network. In the post, he says:“Facebook will not…
Bitcoin and Lightning Network can save DeFi from adversity: MicroStrategy CEO
In light of the recent fragility in the decentralized finance (DeFi) sector, Bitcoin (BTC) maximalist and MicroStrategy CEO Michael Saylor feels that Bitcoin and the Lightning network can come to the rescue of the DeFi market.With two enormous protocols, Terra and Celcius, facing acute difficulties within a month of each other, the DeFi sector is going…
Bulls largely absent as Bitcoin price slips to the bottom of its range near $32K
Traders appear to be sitting on their hands even as Bitcoin price drops closer to a critical support level at $32,000. 511 Total views 2 Total shares Within the past few hours, a fresh wave of selling pushed Bitcoin (BTC) price close to the $32,000 support level as the low trading volume and general disinterest…
Nvidia drops new AI chip expected to cut development costs
Nvidia, the current market leader for semiconductor chips, revealed its latest chip designed to run large-scale AI systems and is expected to cut costs of LLMs. 91 Total views 1 Total shares Nvidia, one of the world’s leading developers of semiconductor chips, revealed its latest chip on Aug. 7 which is designed to power high-level…
NFT collectors sent $37B to marketplaces in 2022, nearly equaling 2021 already
Despite sporadic market conditions NFT collectors are on track to spend more on NFTs in the first half of this year than in all of 2021. Collectors of non-fungible tokens (NFTs) have already sent more than $37 billion in value to NFT marketplaces this year (as of May 1), a figure that nearly exceeds the…
Hong Kong’s largest online broker launches Bitcoin and Ether trading for 22 million users
The decision makes Futu Securities the first brokerage to directly offer Bitcoin and Ether trading to Hong Kong-based retail investors
Big Four Auditing Firm Deloitte Lets Staff Pay for Lunch in Bitcoin
Big Four auditing firm Deloitte is now allowing its staff to pay for food in the cantine using a mobile Bitcoin (BTC) wallet.English-language local news outlet Luxembourg Times reported on Sept. 17 that Deloitte is testing Bitcoin among its employees to “see how the audit giant could use the cryptocurrency.” Partner at the advisory arm of…
How Facebook Libra Has Been Influencing Crypto, Politics and Finance
Over the past few days, a number of Libra-related announcements have been made — only, they weren’t from Facebook, the Libra Association, Calibra wallet or any other party involved in its development. First, top crypto exchange Binance announced a project called “Venus” — coincidentally, another astrology-themed name — which will focus on developing “localized stablecoins” worldwide;…