Perplexity AI’s ad integration plan draws shock, mockery: ‘This company is toast’
The company reportedly intends to charge a much higher-than-average premium for ad space in its AI-powered search engine.
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This Coin’s Supply Goes Down as the Price Rises
Ampleforth (AMPL) is a cryptocurrency built with an elastic supply that expands and contracts depending on demand. According to its co-founder Evan Kuo, the team was trying to learn from the failures of the gold standard and Bitcoin (BTC) to create a more flexible monetary system.Investors hoard Bitcoin & goldAlthough many in the crypto space…
Nomura crypto arm Laser Digital bags Abu Dhabi license
The firm chose to expand into Abu Dhabi due to the innovation-friendly crypto regulations.
Tom Brady and other celebrities named in class action lawsuit against FTX
Evidence suggests “FTX’s fraudulent scheme was designed to take advantage of unsophisticated investors,” according to the lawsuit. 254 Total views 2 Total shares Former FTX CEO, Sam Bankman-Fried ‘SBF’, as well as a number of celebrities who endorsed FTX, have been named in a class action lawsuit filed on Nov.15 in Miami. Implicated in the class…
The crypto industry can trust Cynthia Lummis to get regulation right
As the world waits to see America’s take on cryptocurrency regulation, crypto enthusiasts should keep one thing in mind: The industry can trust Senator Cynthia Lummis. Her proposal with Senator Kirsten Gillibrand, which we’ve all been waiting for action on, is bipartisan in nature.We’re still awaiting the final details, but things have slowed to a…
Newegg Adds Bitcoin Payment Option to 73 More Countries
California-based online retail store Newegg expanded Bitcoin (BTC) payment options to customers in 73 more countries.Bitcoin payment remains unavailable in six out of over 80 Newegg-served countriesFollowing the announcement, Newegg customers can now purchase its products with Bitcoin (BTC) in almost all of the countries under Newegg’s coverage, according to a press release on July…
Galaxy Digital’s Mike Novogratz: Cryptocurrency Markets Will ‘Flip Next Year’
Mike Novogratz, ex-Goldman Sachs partner and founder of Galaxy Digital, has said that he expects cryptocurrency to “flip next year” in an interview published by Financial Times (FT) Nov. 23.During the interview, Novogratz said that “this year has been challenging” for Galaxy Digital – a company that he hopes will become “the Goldman Sachs of…
Cryptocurrency Bear Market Waning, Going Through Accumulation Phase, Says Report
The cryptocurrency bear market is winding down and is in its final stage, the accumulation phase, according to a report from digital assets fund Adamant Capital published on April 18.Per the report, the accumulation phase is expected to bring bitcoin (BTC) to trade in the corridor between $3,000 and $6,500 until the new bull market…
Bitcoin price seesaws near $56K as US stocks post fresh all-time highs
BTC price volatility keeps the pressure on traders with stocks leaving Bitcoin ever further behind.