Press Release

Bitcoin Hits $69,000 as US Job Data Fuels Market Volatility

[ad_1] Bitcoin’s (BTC) price fell to $69,000 after Friday’s mixed US job data release, leading to over $411 million in liquidations. This decline followed the crypto market’s reaction to new economic indicators, which showed both positive and concerning signs for the US economy. Economic Indicators and Market Sentiment Set the Stage for Bitcoin’s Next Move […]

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SingularityNET (AGIX)’s Istanbul Meetup Drives Strategic AI Developments

[ad_1] SingularityNET (AGIX) recently held a landmark technical meetup in Istanbul, Turkey. The event brought together leading figures within the organization and its ecosystem to discuss and drive forward their decentralized AI platform’s development, according to SingularityNET. Key Attendees and Discussions The meetup featured prominent attendees, including SingularityNET CEO Ben […]

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Strong Technicals and Transactions Up

[ad_1] NEAR is currently trading at just 17% below its local high of $9, which was reached in mid-March. The price has rebounded impressively by 72% from the local low experienced in mid-April, demonstrating strong price action and a potential trajectory toward reclaiming the $9 mark. NEAR: Technical Chart Analysis This analysis will highlight the […]

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Crypto Marketplace Bakkt Considers Potential Breakup Or Sale As Market Recovers

[ad_1] Bakkt Holdings, the digital-asset marketplace launched by the parent company of the New York Stock Exchange (NYSE), is reportedly considering a potential sale in light of increased takeover activity within the crypto industry.  Bakkt Evaluates Strategic Alternatives According to Bloomberg, sources familiar with the matter have revealed that Bakkt has engaged a financial advisor […]

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Franklin Templeton Altcoins Fund Sparks Crypto Portfolio Changes

[ad_1] Franklin Templeton, managing approximately $1.64 trillion in assets, is reportedly exploring the launch of a private fund for institutional investors focused on altcoins. This move signals a strategic expansion beyond Bitcoin and Ethereum. It reflects the growing interest in diversified crypto assets among institutional investors. Franklin Templeton Eyes Altcoin Fund A recent report reveals […]

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Why is Bitcoin hash rate so important for its security?

[ad_1] Bitcoin’s hash rate is a critical metric that measures the computational power used to mine and process transactions on the Bitcoin network. It is expressed in hashes per second (h/s), with standard denominations including kilohashes (kH/s), megahashes (MH/s), gigahashes (GH/s), terahashes (TH/s), petahashes (PH/s), and exahashes (EH/s). The hash rate indicates how many calculations […]

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McDonald’s Launches Metaverse, Offers Perks for Grimace NFT Owners

[ad_1] McDonald’s has introduced a metaverse experience called “My Happy Place” for its customers in Singapore, offering various interactive activities and rewards, particularly for holders of Grimace NFTs. This initiative follows McDonald’s Hong Kong’s 2023 launch of McNuggets Land in The Sandbox. Developed in partnership with Bandwagon Labs, this virtual world is accessible through the […]