An Artificial Intelligence (AI) pioneer, nicknamed the “Godfather of AI” has resigned from his position at Big Tech firm Google so he could speak more openly about the potential dangers of the technology. Before resigning, Dr. Geoffrey Hinton worked at Google on machine learning algorithms for more than a decade. […]
Bitcoin price extended its decline below the $28,000 support. BTC tested $27,650 and is currently attempting a minor upside correction. Bitcoin is showing bearish signs below the $28,500 resistance zone. The price is trading below $28,200 and the 100 hourly Simple moving average. There is a major bearish trend line […]
Business intelligence platform MicroStrategy has reiterated its commitment to its Bitcoin (BTC) investment strategy after turning its first quarterly profit since 2020. The Michael Saylor-founded firm went back into the green in the first quarter of 2023 with a profit of $94 million, which was largely attributed to a one-time […]
The deadline has come for comments on a consultation paper and call for evidence released by the United Kingdom’s HM Treasury on a proposed crypto asset regulatory framework. The long-awaited paper, published in February, drew detailed responses from a variety of cryptocurrency industry players. Blockchain provider Polygon Labs, venture capitalists Andreessen […]
PEPE, the popular meme coin, has recently been listed on OKX, a major cryptocurrency exchange. This move has generated excitement among investors who believe that the coin has the potential to become a major player in the crypto market and the meme coin sector. PEPE Coin Leaps Into The Big […]
The meme coin economy has a new player that has made a splash in the world of cryptocurrencies. In two weeks since its launch, the Pepe token ($PEPE) has scaled the crypto charts, securing its spot as the 98th most valuable cryptocurrency with a market capitalization of around $451.38 million. […]
While Bitcoin (BTC) has continued a downtrend, the asset has recently recorded a high volume in daily transactions nearing its all-time high. According to a report by on-chain analytics provider Glassnode, “Bitcoin daily transaction counts are approaching All-time-highs, seeing an explosive uptick in 2023.’ Regardless of this news, Bitcoin has […]
Singapore’s government-owned investment firm Temasek continues investing in cryptocurrency projects even after losing hundreds of millions of dollars to the collapsed FTX crypto exchange. Temasek has invested $10 million in Array, the developer of an algorithmic currency system based on smart contracts and artificial intelligence. Announcing the news on May […]
Sunday night’s crypto market-wide correction has once again sent the Solana price down to a level that is crucial for price action in the coming weeks. SOL has been forming an ascending trend line on the 1-day chart since late December last year, which could lead the price back into […]
The United States securities regulator has handed down nearly $4 million in fines to crypto exchange Coinme for allegedly offering unregistered securities and giving “misleading statements” on its crypto token UpToken (UP). On April 28 the Securities and Exchange Commission (SEC) said it settled charges against Coinme, its subsidiary Up […]
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