Feb 22 2024
Sora is OpenAI’s new AI model aimed at generating videos from text prompts. The release saw some of the most popular internet personalities engage, including but not limited to Marques Brownlee, MrBeast, Elon Musk, and many, many more. In essence, it’s a text-to-video. You prompt it with instructions, an video is generated. The firm is …
Feb 22 2024
Morgan Stanley Wealth Management says Bitcoin’s upcoming halving event may be the dawn of a new bull market. The bank claims that “crypto winter’ may already be over. “Based on current data, signs indicate that crypto winter may be in the past and that crypto spring is likely on the horizon,” wrote Denny Galindo, author …
Feb 21 2024
On-chain analysis by market intelligence platform CryptoQuant has found that selling pressure from Bitcoin miners has eased and remained low in 2024. Bitcoin sold daily by miners currently sits around 300 BTC, significantly down from the companies’ 800 BTC daily sales in November and December 2023. Bitcoin’s transaction count has fallen to a three-month low …
Feb 21 2024
Stacks, a Bitcoin Layer 2 solution, had major growth over the last year with a 3,386% quarterly and 3,028% annual increase in its revenue, reaching $637,000. The market capitalization of Stack’s native cryptocurrency, STX, experienced a significant surge of 203%quarter and an impressive 598% year-over-year, reaching a milestone of $2 billion. The report highlights Stacks’ …
Feb 21 2024
Bitcoin reached a new all-time high in Argentina, soaring to a record valuation of 40 million pesos per BTC. Digital assets are slowly emerging as a beacon of financial resilience and stability for many citizens. Argentina has a history of economic instability marked by frequent currency devaluation, complicating savings and financial management for its residents. …
Feb 21 2024
Einstein price has been oscillating inside a large ascending channel on the daily chart. The higher boundary of the pattern, paired with the $2,750 resistance level, has rejected the price to the downside. ETH is currently consolidating between the £2,400 and £2.150 levels, with the mid-term fate of the market depending on the direction of …
Feb 20 2024
Cathie Wood’s asset manager Ark Invest wants to bake staking into its proposed Ethereum Spot ETF. Ark said it expects to stake Ether from its cold vault balance, as held by Coinbase. Staking rewards would vary widely based on network conditions, and would be reportable to shareholders as taxable income. The proposal adds a juicy …
Feb 20 2024
Bitcoin surged past $47,000 for the first time in nearly a month. The uptick has brought a sense of relief for its investors, who recently endured a brief plunge to 38,500. Net Unrealized Profit/Loss (NUPL) is an important metric for assessing the overall sentiment of Bitcoin investors. As of February 8, 2024, with a NUPL …
Feb 19 2024
Three suspects were already known to law enforcement, having been involved in serious crimes such as robbery. The suspects demanded US$10,000 from the wife of one of the fallen Ukrainian soldiers, claiming that her husband owed them the money. To intimidate the woman, the extortionists persistently harassed her and subjected her to psychological pressure, even …
Feb 19 2024
The Global X Bitcoin Trust’s initial application was submitted in August 2023, and despite two for consideration in September and November, the exchange officially withdrew its proposal on January 26. Bloomberg Intelligence ETF analyst James Seyffart commented on the withdrawal, stating that it was not surprising, given prior indications. This is not surprising because we …