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Chainlink’s Link appears weak today following another daily reduction. It looks set to break lower amid bearish but there’s currently not enough supply to set the stage for another drag down. Link posted a minor gain this week following a buy from the $17.5 level during last weekend’s trading. This buy didn’t last long as it struggled to push above the important $20 resistance, formerly support....
In a daring and unexpected maneuver, Elon Musk has put forward a bid for $97.4 billion to buy OpenAI, a top artificial intelligence research outfit. Musk’s offer comes as many are worried that OpenAI has become too much like a typical Silicon Valley company and is no longer fully committed to its founding mission of being a nonprofit focused on safe, open-source AI research. Musk, famous for his...
In a development that is hard to miss, cryptocurrency is witnessing a big uptick in both social chatter and price action today. To some extent, this is an artificial intelligence (AI) moment, and the market seems awash with trading activity related to AI-powered blockchain projects. Of this, $AIXBT is a major player, commanding a good hunk of the market’s mindshare. What’s propelling all this? At...
In the cryptocurrency world, almost nothing gets one’s attention like the transfer of sizable quantities of Bitcoin (BTC) and Ethereum (ETH), particularly when an industry titan like Binance is involved. Lately, Binance has found itself in the news, having recently offloaded a significant portion of its assets held in BTC and ETH, and this has sent the crypto community buzzing with all kinds of...
The market for cryptocurrencies has experienced a pivot of late, with interest moving away from the likes of meme coins and more towards fundamental assets such as Bitcoin and other Layer 1 networks. When we look at trader behavior, this seems not just a casual trend but rather a broader change in market dynamics that suggests a more mature and stable environment for our digital assets. The...
The on-chain AI sector has experienced an extraordinary turnaround in recent hours, drawing the attention of both investors and market observers. One of the main forces behind this upward movement seems to be the address 8u6u3…MCecT, who has been heavily backing the sector with some serious cash. In the last three hours, this individual has thrust a jaw-dropping $7.511 million into the market,...
In the turbulent realm of cryptocurrency, large investors—large holders of a token, known as whales—usually cause a stir when they make a move. Just recently, a whale known by the wallet address 0x8f9 made a big one by unstaking all of their 17.875 million $ENA tokens (worth about $8.78 million) and transferring them to Binance roughly 40 minutes ago. The eye-catching part of this story is that...
In a shocking twist, a key investor in the cryptocurrency market, identified by the wallet address GJwCU, has gone and done the opposite of what investors are advised to do in a bear market—by withdrawing 30,901 SOL tokens (worth an impressive $6.24 million) from Binance. Right before this big withdrawal, the wallet had been completely still for almost a year. Yet, here we are, back in November...
The payments industry is on the verge of a seismic transformation. Recent projections from the management consultancy McKinsey...
In the cryptocurrency world, it’s not uncommon to observe investors experiencing ups and downs. But few investors seem to display the same level of commitment as World Liberty, a well-known entity in the digital asset space. Even after taking a gigantic hit to their portfolio, World Liberty has pressed on and pumped an impressive amount of capital into more assets, including a hefty buy of...