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Bitcoin (BTC) has entered a new phase of the bull cycle, hitting an all-time high (ATH) north of $111,000 on May 22, which was fueled by increased investor confidence, record …
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Solana signals 40% crash versus Ethereum amid cooling memecoin craze
by CryptoExpertby CryptoExpertKey takeaways: SOL/ETH has broken below a rising wedge pattern, signaling a potential 40% decline. Solana’s memecoin revenue has collapsed since April, weakening its core value proposition. Standard Chartered warns …
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RBI Expands Digital Rupee Pilots, UPI Leads Global Real-Time Payments
by CryptoExpertby CryptoExpertThe Reserve Bank of India (RBI) is set to broaden the reach of its digital rupee pilots by introducing new use cases and features for both its retail and wholesale …
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Bitcoin long-term holders aren’t cashing out despite new ATH and that’s keeping the rally alive
by CryptoExpertby CryptoExpertBitcoin’s May rally has been met with selective profit-taking by long-term holders, but the broader trend shows a slowdown in their selling. Between March 1 and May 27, the 7-day …
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Key point: Bitcoin (BTC) remains pinned below the breakout level of $109,588, indicating that the bears are fiercely defending the level. Bitfinex analysts said in a market note that profit-taking …
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Privacy coins have emerged as one of the dominant narratives shaping cryptocurrency investment trends this year. The two leading altcoins in this sector by volume …
Everyone talks about LLMs—but today’s AI ecosystem is far bigger than just language models. Behind the scenes, a whole family of specialized architectures is quietly …
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AI News
AI Research Lab Imbue Nabs $200 Million For Bet To Build AI ‘Agents’
by CryptoExpertby CryptoExpertThe startup, one of very few woman-led AI unicorns, has a $1 billion valuation and access to 10,000 Nvidia H100 GPUs, but its founders say …
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Bitcoin
Bitcoin Mempool Clogged With Over 560K Unconfirmed Transactions Amid Search for Rare Sats
by CryptoExpertby CryptoExpertThe Bitcoin network is currently overwhelmed with a backlog of unconfirmed transactions, with the average confirmation time hovering above 10.4 minutes. According to Mempool, there …
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Ethereum
Casa Wallet rolls out new functionality for recently launched ETH vault
by CryptoExpertby CryptoExpertCasa added a multi-signature Ethereum self-custody vault to its initial BTC custody offering in June 2023. However, the Casa Relay responsible for communication between the …
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Mining
Riot Platforms power strategy reaps $31.7M in Texas energy credits
by CryptoExpertby CryptoExpertContinuing its strategic shift aimed at mitigating losses, Riot Platforms, a prominent Bitcoin miner, continues to capitalize on Texas’s energy credits system, earning a substantial …
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Blockchain
Nigeria central bank missed opportunity for blockchain regulation — Convexity CEO
by CryptoExpertby CryptoExpertA group of Nigerian digital asset professionals took to the stage at the Stakeholders in Blockchain Technology Association of Nigeria (SIBAN)’s Digital Assets Summit 2023 …
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Courts in the United States have frozen the financial assets of former Celsius CEO Alex Mashinsky. Former FTX CEO Sam Bankman-Fried’s appeal of his bail …
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Altcoin
Elon Musk Confirms Denial of X Coin, But What About His Stance on Dogecoin (DOGE)?
by CryptoExpertby CryptoExpertElon Musk’s recent denial of the speculated “X coin” has ignited discussions within the cryptocurrency community, particularly concerning the fate of Dogecoin (DOGE). This comes …
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The world-renowned electronics giant Casio is bringing its iconic G-Shock watch in the non-fungible realm through the latest venture. The brand has recently unveiled the …
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Technology
Coinbase-incubated Base suffers an outage, team says user funds are safe
by CryptoExpertby CryptoExpertKey takeaways Base suffers an outage Base, the Ethereum Layer-2 network incubated by Coinbase suffered an outage during the early hours of Wednesday. The team …
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Business
Appellate judge denies Sam Bankman-Fried’s request for immediate release from jail
by CryptoExpertby CryptoExpertFormer FTX CEO Sam Bankman-Fried, also known as SBF, lost an initial appeal to return to being free on bail prior to his criminal trial. …
