November 15, 20240 Comments

Elon Musk Escalates Fight With OpenAI & Microsoft With Revised Lawsuit

Billionaire entrepreneur Elon Musk has intensified his battle against OpenAI and Microsoft by filing a revised lawsuit on November 14. The legal move accuses the tech giants of monopolistic practices in the generative AI sector. Musk’s company, xAI, and Shivon Zilis, a Neuralink executive and former OpenAI board member, are among the plaintiffs challenging the alleged anticompetitive collaboration. Elon Musk Revises Lawsuit Against OpenAI & Microsoft The amended lawsuit filed

Read More
November 15, 20240 Comments

Here’s Why Shiba Inu Price is About to Start Parabolic Phase

Shiba Inu (SHIB) price, a popular meme-based cryptocurrency, has surged by an impressive 27% over the past week. This rally reflects growing investor optimism, fueled by encouraging market trends and robust signals of further gains. Despite minor corrections impacting the broader crypto market, SHIB has emerged as a standout performer within the meme coin category. Analysts suggest this upward trajectory could begin a parabolic phase, increasing interest among traders and

Read More
November 15, 20240 Comments

Goldman Sachs Bets $700M In Bitcoin ETF As Institutional Interest Soars

Goldman Sachs has made a bold move by investing approx. $718 million in Bitcoin ETFs, signaling a surge in institutional interest. This includes significant increases in its holdings in major Bitcoin ETFs such as BlackRock iShares Bitcoin Trust (IBIT) and Grayscale (GBTC). The investment reflects a broader trend of traditional financial institutions embracing cryptocurrencies. This strategic push into the crypto space comes amid growing optimism surrounding Bitcoin future and its

Read More
November 15, 20240 Comments

Token Jumps 18% as Bitcoin Traders Target $120,000

“In view of bitcoin’s impressive rally since the US election, our view is that $100,000 – $120,000 may not be too far off,” traders at QCP Capital said in a Telegram broadcast. “We believe that the underlying strength in BTC represents a systematic shift in the market in anticipation of Trump’s return to office” Source link

Read More
November 15, 20240 Comments

Analyst Says Ethereum-Based Altcoin Is Primed To Soar by Over 150%, Maps Path Forward for Bitcoin

A widely followed crypto analyst believes one decentralized finance (DeFi) altcoin is gearing up for a massive breakout. Pseudonymous crypto trader Credible Crypto tells his 434,600 followers on the social media platform X that the DeFi protocol Curve Finance/Bitcoin pair (CRV/BTC) is showing bullish divergence on the two-week chart. A bullish divergence, which suggests price will start to increase, occurs when the price of assets records lower lows while indicators,

Read More
November 15, 20240 Comments

DEGEN Price Soars 43% On This Binance Announcement, More Gains Ahead?

In an effort to fuel market optimism, the leading crypto exchange Binance revealed an important update, sparking phenomenal gains in DEGEN price. A public announcement on Friday revealed that the crypto exchange is launching a perpetual contract for the mentioned crypto, sparking market discussions over its future price action. Meanwhile, traders also appear to have reacted positively to the listing announcement, as the coin’s intraday trading volume surged over 100%.

Read More
November 15, 20240 Comments

Why Ethereum Price is Up $0.50% Today as ETH Trades at $2,544

Ethereum (ETH) price today trades at $3,099.2 as of 11 AM. Ether prices hit a daily high of $3,199.7 today after rising -2.24% on November 15. Why is Ethereum Price Up Today? The Ethereum price trades at $3,042 after crashing nearly 11% in the past three days. As of Novemeber 15, ETH is up 0.87%. This downtick is not in line with Bitcoin, which is up 0.52% today. This shows

Read More
November 15, 20240 Comments

South Korea Exchange Upbit Faces Probe Over KYC Violations, Here’s All

Upbit, the leading South Korean crypto exchange, is under investigation for KYC violations during its license renewal process. The Financial Intelligence Unit (FIU) discovered over 500,000 cases of improper customer verification. The violations have raised concerns about money laundering risks. The exchange’s ability to renew its license is now in jeopardy. Authorities are closely examining the full extent of the issue and its potential impact on the exchange future. Major

Read More