Month: January 2024

Crypto

Bitcoin and Gold: Strong Performances Amid Uncertainty and Rising Rates

Bitcoin and Gold: Strong Performances Amid Geopolitical Uncertainties and Rising Interest Rates In 2023, both Bitcoin and gold have demonstrated impressive performances, attracting investors seeking refuge amidst geopolitical uncertainties and rising interest rates. These two assets have shown resilience in…

Crypto

The Advantages of Bitcoin for Monthly Payments

The Advantages of Using Bitcoin for Monthly Payments Bitcoin, the most popular cryptocurrency, is gaining momentum in various sectors and is now being used as a method of payment for monthly contracts. This innovative approach offers several advantages to both…

Crypto

Bitcoin’s Future Uncertain as Price Drops

Bitcoin Short-Term Holders Fear as Price Drops Toward $40,000 The recent dip in the price of Bitcoin has caused panic among short-term holders. As the value of BTC dropped towards the $40,000 mark, traders and investors began to worry about…

Crypto

The Legal Battle: The New York Times vs. OpenAI

The Legal Battle: The New York Times vs. OpenAI and Microsoft In a recent legal dispute, The New York Times found themselves pitted against OpenAI and Microsoft. This lawsuit has caught the attention of legal experts who are closely watching…

Crypto

Grayscale’s Bitcoin Trust Outflow Signals Investor Shift

Grayscale’s Bitcoin Trust Records $579 Million Outflow After SEC Approval In the first few days after redemption was opened following the approval from the U.S. Securities and Exchange Commission (SEC), Grayscale’s Bitcoin Trust witnessed a significant outflow of $579 million….

Crypto

Hedera Hashgraph Raises $100M in Series C Funding

The cryptocurrency platform Hedera Hashgraph has announced its plans to raise $100 million in a Series C funding round. The funds will be used to strengthen the company’s base following its strong performance in 2023, during which it facilitated over…

Crypto

The Rise of AI-Generated Scam Videos

The convincing-looking AI-generated scam videos often tout some kind of Bitcoin promotion that promises to double one’s Bitcoin. The Rise of AI-Generated Scam Videos In recent times, there has been a surge in the use of AI-generated scam videos. These…

Crypto

Bitcoin ETF Approval Sparks Price Drop

Bitcoin Slides 10% After Bitcoin ETF Approval, Prompting Speculation on Price Drop The recent approval of a Bitcoin Exchange Traded Fund (ETF) has caused Bitcoin to experience a sharp decline in value. This development has sparked a heated debate among…

Crypto

CoinShares Predicts Lower Bitcoin Production Costs

CoinShares Predicts Lower Average Cost of Producing Bitcoin After Halving Cryptocurrency investment firm CoinShares has released a report projecting a decrease in the average cost of Bitcoin production following the recent halving event. According to their analysis, the average cost…

Crypto

Solana Takes Over XRP, Rises in Rankings

Solana has moved up in the ranks, taking over XRP’s position in HKVAC’s top five cryptocurrencies global index. The market fluctuations in the past 30 days have led to this shift, with Solana gaining momentum and surpassing XRP. This change…