Cryptocurrency

Bitcoin Buyer Exhaustion Could Lead to August Correction as Capital Shifts to Altcoins Bitcoin may be showing signs of buyer exhaustion, setting the stage for a potential price correction in August. Analysts suggest that as retail interest wanes, capital could begin flowing into altcoins, mirroring previous market cycles. Historically, Bitcoin leads the crypto market, with […]

Critics Misinterpret the GENIUS Act: Here’s What It Really Does The GENIUS Act has sparked debate, with many assuming it exempts Bitcoin from taxes. That’s not the case. Instead, its real impact lies in dismantling Wall Street’s control over dollar clearing—a far more significant shift for the financial system. At its core, the GENIUS Act

Czech Police Arrest Darknet Founder in $45 Million Bitcoin Bribery Scandal Czech authorities have taken Tomas Jirikovsky, the founder of a prominent darknet platform, into custody over his alleged involvement in a high-profile Bitcoin bribery case. The scandal, which involves a staggering $45 million in cryptocurrency, is linked to the resignation of former Justice Minister

Bitcoin Surpasses Amazon to Become a Top-5 Global Asset Bitcoin’s remarkable rally in July has propelled its market capitalization to an astounding $2.4 trillion, allowing it to overtake tech giant Amazon, as well as silver and Alphabet, the parent company of Google. This milestone solidifies Bitcoin’s position as one of the world’s top five most

Perplexity AI Targets $20 Billion Valuation in Latest Funding Round Following Chrome Bid Perplexity AI is making headlines as it eyes a staggering $20 billion valuation in its new funding round. This comes shortly after the company’s ambitious bid to integrate its AI-powered search capabilities into Google Chrome. In less than two years, the startup

The Rise of Decentralized AI: Why Rented Compute Won’t Last Most AI startups today operate on borrowed infrastructure, relying on rented cloud compute to power their models. This model is unsustainable. By 2027, the dominance of centralized platform providers will squeeze out 70% of these companies, leaving only those that embrace decentralization as the true

Retired Australian Police Officer Loses $1.2 Million in Thailand Crypto Scam As cryptocurrency adoption continues to rise, so do the risks of scams and financial losses. A recent case highlights the dangers, with a retired Australian police officer falling victim to a sophisticated crypto scam in Thailand, losing $1.2 million in the process. The victim,

Ethereum Transaction Count Climbs Amid Push Toward $5K, But Market Share Faces Pressure Ethereum is seeing a surge in transaction activity as its price approaches the $5,000 mark, signaling renewed interest in the network. However, the blockchain is also grappling with increasing competition from both next-generation layer-1 platforms and layer-2 scaling solutions emerging from within

Ether Nears All-Time Highs as Traders Eye 13,000 Price Target Ether is steadily approaching its previous all-time highs as multiple bullish signals suggest a potential breakout into uncharted territory. Analysts and traders are increasingly optimistic, with some predicting a rally that could push the price toward 13,000 in the near future. Key technical indicators and

Ethereum Whale Group Dumps $88 Million in ETH as Traders Take Profits A group of Ethereum whales known as the 7 Siblings has sold $88.2 million worth of ETH in just 15 hours, signaling a potential shift in market sentiment as short-term traders cash in on recent gains. The move comes amid fluctuating prices in