Why is the crypto market down today?
The cryptocurrency market’s growing correlation with the Nasdaq 100 hinders bullish prospects as the month draws to a close.
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Crypto Markets Mellow After a Surge of Growth, Stock Market Slightly Down
Wednesday, March 6 — after a surge of growth earlier today, most of the top 20 cryptocurrencies have stabilized and are reporting slight to noteworthy gains on the day by press time. Bitcoin (BTC) is hovering near the $3,900 mark again, according to Coin360 data.Market visualization from Coin360At press time, Bitcoin is up just under one…

Bitcoin bulls remain bullish, but macro and crypto-specific hurdles have BTC pinned below $30K
On March 23, Bitcoin (BTC) price recovered the $28,000 support after a brief correction below $27,000. The movement closely tracked the traditional financial sector, particularly the tech-heavy Nasdaq Index, which gained 2.1% as Bitcoin surpassed the $28,000 threshold.On March 22, the Federal Reserve raised its benchmark interest rate by 0.25% but hinted that it is…

Ant Financial Aims to Launch Its Enterprise Blockchain Platform This Month
Ant Financial, the financial affiliate of Chinese e-commerce giant Alibaba, is reportedly launching its enterprise-focused “Ant Blockchain Open Alliance” platform this month.Local news agency Bihai123 reported on Jan. 8 that Ant Financial Group vice president Jiang Guofei, who is also president of Ant’s smart technology business group, revealed that the network has been live in…

XRP the ‘third largest collapse of all time’ says The TIE’s Josh Frank
The token has lost more value than former commodities trading giant Enron. 536 Total views 3 Total shares The XRP token’s market capitalization has fallen almost $130 billion since its all-time high in 2018, making the cryptocurrency project’s decline comparable to the collapse of major financial institutions.According to Josh Frank of crypto-focused research company The…

Corporate America has finally taken notice of Web3: US trademark lawyer
This year saw an influx of trademark applications filed by various companies looking to get in on the Web3 action. By November, a total number of 4999 US trademark applications had been filed for cryptocurrencies and digital related goods/services — this according to USPTO licensed trademark attorney, Mike Kondoudis. According to the USPTO licensed trademark attorney, the…

What is DALL-E, and how does it work?
OpenAI created the ground-breaking generative artificial intelligence (AI) model known as DALL-E, which excels at creating distinctive, incredibly detailed visuals from textual descriptions. DALL-E, in contrast to conventional picture creation models, can produce original images in response to given text prompts, demonstrating its capacity to comprehend and transform verbal concepts into visual representations.During training, DALL-E…

Phishing risks escalate as Celsius confirms client emails leaked
It is not the first time Celsius' customer emails have been exploited and leaked online.

Blockchain database firm SxT Labs raises $20M in Series A round
Framework Ventures, Lightspeed Faction, Arrington Capital and Hivemind Capital, along with Microsoft’s M12 Ventures and OKX Ventures, backed SxT Labs’ Series A round.