Tech giants losing momentum as AI progress disappoints investors
The current AI oversupply has prolonged the cost recovery on major AI investments, which could force large corporations to shift investment focus.
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Inflation is killing us; cryptocurrency alone cannot beat it
Much like a pandemic, inflation has spread throughout the world, clouding the future with dark uncertainty. Disagreement over how to best manage soaring prices in the United Kingdom nearly caused its economy to collapse and subsequently led to the resignation of Prime Minister Liz Truss after just 44 days in office. Currently, at least 10 emerging…
Why contests are better than grants for a healthy crypto community
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Animoca Brands buys major stake in Aussie digital services agency
Be Media has begun an aggressive hiring process in the fields of blockchain development and project management following the acquisition. 11 Total views 1 Total shares NFT investment giant Animoca Brands has acquired a major stake in Australian digital marketing agency Be Media. Be Media has locations in Perth, Melbourne, and Sydney and has provided…
$500M in crypto futures liquidated as Bitcoin dips below $34K: What happens next?
Roughly $500 million worth of cryptocurrency futures positions were liquidated in the past 24 hours. The mass liquidation of positions happened before the price of Bitcoin (BTC) dipped below $34,000 on Jan. 17.Bitcoin total liquidations. Source: Bybt.comWhy were so many positions liquidated?Overnight, the price of Bitcoin rose by 6.7% from $35,500 to nearly $38,000. Meanwhile,…
Trading Begins for New Treasury-Based, SEC-Registered Digital Security
Arca launches Ethereum-based trading for new fund based on shares in U.S. Treasury securities. 1784 Total views 36 Total shares Per a July 6 announcement from the firm, Arca has begun trading for its new digitized security, the ArCoin.The ArCoin runs on the Ethereum blockchain and represents shares in Arca’s U.S. Treasury Fund, which is…
BTC Peer-to-Peer Trading Rises Amid Ban on USD in Zimbabwe: Report
Bitcoin (BTC) trading in Zimbabwe has continued to surge after the government banned the use of foreign currencies on June 24, business news agency Quartz Africa reported on July 10.The country is reportedly seeing a rise in peer-to-peer (P2P) crypto trading as there are no local exchanges offering cryptocurrency transactions due to the existing ban…
Dogwifhat leads the market with 13% gain — What’s driving WIF price?
WIF booked a double-digit rebound to outperform memecoins, Bitcoin and altcoins which remain in sell-off mode.
Pomp Thinks BTC’s Market Cap Will Exceed Gold’s in Less Than a Decade
That would give Bitcoin a market cap of at least $9 trillion dollars. Anthony Pompliano believes that by the end of 2029, the market capitalization of Bitcoin (BTC) will be higher than that of gold.Source: Twitter.The Morgan Creek Digital co-founder’s tweet provoked a reply from Peter Schiff:“By 2029 you'll be lucky if the market cap…