Author: cryptotechbro
Bitcoin, the original cryptocurrency, has come a long way from its informal past. From an experimental digital currency that occupied cypherpunk niches on the internet, it has grown to a trillion-dollar market cap asset valued at over $66,900 per coin as of this writing.While investing in Bitcoin is still considered a wild ride, the asset is quickly maturing. Financial institutions are closing in and creating hybrid vehicles to invest in cryptocurrency. The ecosystem reached a new milestone with the advent of Bitcoin ETFs, making people realize the immensity of Bitcoin’s potential in traditional markets and spurring new demand.As more people…
Popular dog-themed meme coin Shiba Inu has taken a hit as its small wallet holdings have witnessed a significant decline in the midst of general market uncertainty, which has triggered heightened fear among cryptocurrency investors. Shiba Inu Small Holders Abandoning The Digital Asset? In a recent report from Santiment, a leading market intelligence platform, it was revealed that the number of Shiba Inu wallets containing small quantities of SHIB has plummeted to its lowest point in almost two years, indicating a potential change in attitude among retail investors. Specifically, wallets holding less than 1 billion SHIB are typically considered as…
DENVER–(BUSINESS WIRE)–Palantir Technologies Inc. (NYSE:PLTR) and bp (NYSE:BP) have announced an enterprise agreement that will extend their strategic relationship and introduce new artificial intelligence capabilities with Palantir’s AIP software. “We are incredibly excited to continue our strategic relationship” Post this The new contract will build on a decade of deep collaboration that has created a firm foundation for bp’s oil and gas production operations, using Palantir’s industry-leading software. Since 2014, Palantir software has been deployed widely by bp to support its oil and gas production operations, from offshore oil platforms in the North Sea and the Gulf of Mexico, to…
Este artículo también está disponible en español. The cryptocurrency market is abuzz with the latest developments as Binance Coin (BNB) makes headlines with a notable 4.90% rally. However, despite this upward movement, BNB is facing tough competition from a new player on the block: GoodEgg (GEGG), which is making waves in the AI social-finance sector. Binance Coin (BNB) Price Analysis: Rally and Resistance Binance Coin (BNB) has shown a commendable rally of 4.90% recently, bringing its price to $505. This surge is largely attributed to the bullish pattern forming in its chart, notably a double-bottom reversal within a broadening wedge…
Large Bitcoin outflows may signal rising demand as investors shift BTC into cold storage, reflecting institutional confidence.
Standard Chartered has officially launched its digital asset custody service in the UAE, according to an announcement from the bank. The service has been licensed by the Dubai Financial Services Authority (DFSA) within the Dubai International Financial Centre (DIFC), following a memorandum of understanding signed in May 2023. “The launch of our digital asset custody offering represents a pivotal moment not just for Standard Chartered, but for the financial services industry,” said Bill Winters, Group Chief Executive of Standard Chartered. “We firmly believe that digital assets are not merely a passing trend, but a fundamental shift in the fabric of finance. With…
Sui (SUI) and Mpeppe (MPEPE) are two coins that experts believe deserve a spot in your portfolio. With unique offerings in decentralized finance (DeFi), sports fandom, and online gaming, these two tokens are making waves in the crypto world. Let’s explore why experts are urging investors to take a closer look at Sui (SUI) and Mpeppe (MPEPE). Sui’s Breakout Potential: Why It’s a Must-Have Sui (SUI) has gained attention for its scalability and high-performance blockchain technology. As a next-generation blockchain platform, Sui (SUI) offers lightning-fast transactions and a robust infrastructure, making it attractive to both developers and investors. Experts see…
Este artículo también está disponible en español. A 50 basis points (bps) interest rate cut by the US Federal Reserve (Fed) starting this month might adversely affect Bitcoin (BTC) price, 10x Research cautions. 50 BPS Rate Cut Could Spook The Market After it had started hiking interest rates back in March 2022 to contain rampant inflation due to COVID-related supply chain bottlenecks and money printing, the Fed is now set to commence slashing interest rates to stimulate the economy. However, there is a possibility that by initiating a 50 bps rate cut, the Fed might raise the alarm for risk-on…
Two smart contract auditors miss a Penpie bug that resulted in a $27M exploit, Pythia Finance attacker claims way too many rewards: Crypto-Sec
Future Forward USA, Fairshake, and the Sentinel Action Fund are accepting crypto or supporting pro-crypto candidates. U.S. presidential elections and other political developments are expected to shape cryptocurrency policy and regulation across the country. By donating cash or crypto to these super PACs, individuals can support candidates that share their stance. This Democratic super PAC will accept crypto donations going forward, according to a Sept. 4 report from Reuters. Future Forward is working with Coinbase Commerce to handle donations, according to the same report. OpenSecrets describes Future Forward USA as a single-candidate committee in support of Kamala Harris, currently the…