Roaring Kitty’s gamification of GameStop is a menace to the market
Keith Gill — also known as “Roaring Kitty” — has become a hero of the people, but he is also a menace to stable markets.
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Bitcoin price hits $27.2K, but new analysis warns more losses ‘likely’
Bitcoin may be up 7.5% since Friday, but BTC price action is not giving everyone cause for positivity. 629 Total views 6 Total shares Bitcoin (BTC) sought to recover $27,000 into the May 14 weekly close as volatility picked up out of hours.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price gains over 7% in two…
Hyosung America makes Bitcoin purchasing app available to 175,000 ATMs
It will be up to the specific ATM operator to decide whether they want to incorporate the service making it unlikely all 175,000 of Hyosung’s ATMs will actually support BTC buying. 127 Total views 3 Total shares Hyosung America has signed a partnership deal with cash-to-crypto provider DigitalMint that enables Bitcoin (BTC) purchasing across the…
Indian crypto exchange CoinSwitch Kuber raises $260M
Valued at $1.9 billion, CoinSwitch Kuber has become the largest crypto company in India, CEO Ashish Singhal said. 533 Total views 22 Total shares Major Indian cryptocurrency exchange CoinSwitch Kuber is joining the unicorn club by raising $260 million in a Series C funding round.According to an official announcement on Oct. 6, the new funding…
OpenAI is building a new AI model under code name ‘Strawberry’ — Report
Strawberry extends on OpenAI’s Q* project announced in November 2023, which some described as a technical breakthrough allowing for the development of “far more powerful” AI models.
Bitcoin bulls are confident even as a key BTC price metric hits a new low
Newer traders might be unaware of this, but investors can also borrow BTC to margin trade a short position, thus betting on the price downside. This is why some analysts monitor the BTC, and USDT total lending amounts to gain insight into whether investors are leaning bullish or bearish. Interestingly, data shows that even as…
New Crypto Partnership Takes Aim at Africa’s Unfavorable Financial System
A new partnership in the cryptocurrency space wants to address financial inequities on the continent of Africa.Digital finance and payment platform Sesacash announced in a blog post on April 14 that it is partnering with peer-to-peer cryptocurrency trading platform CryptoLocally. The two firms aim to solve the various challenges facing Africa’s financial sector.Sesacash CEO and…
Ray Dalio does 180 on Bitcoin, calls it ‘one hell of an invention’
The founder of Bridgewater Associates admits Bitcoin and cryptocurrencies could be a viable hedge against inflation. 2690 Total views 21 Total shares Ray Dalio, the famed founder of Bridgewater Associates, called Bitcoin (BTC) “one hell of an invention,” adding that he’s considering digital-asset investing for clients wishing to protect against currency debasement. In a note to…
Institutional appetite continues to grow amid bear market — BitMEX CEO
Institutional appetite for Ethereum will grow now that the network is ESG compliant, according to the BitMEX boss. 443 Total views 13 Total shares In a recent interview, BitMEX chief executive Alexander Höptner shared his thoughts about institutional investors who, in his view, still have an appetite for crypto and Ethereum.Speaking at the Token2049 conference…