Tag: News

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Bitcoin Price Prediction: Falls to $60,620 Amid Fed Rate Cut Speculation and ETF Inflows

Bitcoin Price Prediction Today, Bitcoin is trading at $60,620, marking a 4% decrease over the last 24 hours. The cryptocurrency’s recent uplift is attributed to dovish economic data from the U.S., hinting at possible Federal Reserve rate cuts. This anticipation has weakened the dollar and, in turn, boosted Bitcoin’s value. Additionally, significant inflows of $11.54…
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Erik Voorhees Unveils New AI Platform Promising Privacy and Unfiltered Free Speech

Erik Voorhees, founder of Shapeshift, has announced the debut of Venice, an artificial intelligence (AI) application that promises enhanced privacy and unrestricted free speech. Unlike mainstream AI services, Venice is designed to operate without the “Orwellian” oversight typical of centralized platforms, offering a truly private and uncensored user experience. New AI on the Block: Venice…
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Bankrupt Crypto Lender Blockfi Enlists Coinbase to Distribute Crypto Payouts 

The now-defunct crypto lender Blockfi is officially shutting down the firm’s web portal this month according to an update from the firm. Blockfi said that it has partnered with Coinbase to help facilitate the execution of withdrawals to eligible Blockfi customers. Blockfi Collaborates With Coinbase for Withdrawals, Plans to Shut Down Web Portal After the…
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UAE Offers Friendlier Crypto Scene Than US Due to Political Stability: Komodo CTO

Komodo CTO Kadan Stadlemann said the United Arab Emirates’ (UAE) political stability fosters a friendlier environment for crypto businesses to flourish, compared to the challenges they face in the US. In a jab at democracies, he said the UAE’s biggest advantage is its monarchy. The exec believes the UAE’s stable leadership, free from the back-and-forth…
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Bitcoin Price Prediction as Weak U.S Jobs Data Spurs Rate Cut Hopes – Will BTC Surge?

Bitcoin Price Prediction Bitcoin (BTC) dipped slightly by 0.20%, settling at $63,000, yet maintains a bullish stance in the latest bitcoin price prediction. The rise in jobless claims to 231,000, the highest since August 2023, suggests a cooling U.S. labour market, prompting anticipatory actions by the Federal Reserve. This could lead to rate reductions earlier…
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Robert Kiyosaki Says Dollar Decline is Imminent, Advocates BTC, ETH Investments

Rich Dad Poor Dad author and renowned investor Robert Kiyosaki believes that the US dollar is losing value and expressed his support over crypto investments. During a recent episode of the podcast “The Rich Dad Channel,” Kiyosaki discussed the importance of portfolio diversification including cryptocurrencies. Speaking to Andy Shechtman, CEO of Miles Franklin Precious Metals,…
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Bitcoin Price Prediction as ETF Outflows Slow Down – Is the Market Forming a Bottom?

Bitcoin Price Prediction: Bitcoin’s subtle rally to $61,425 signals a potentially stabilizing market. As Bitcoin ETFs like Grayscale and Bitwise see renewed inflows, totaling $11.54 million recently, optimism grows. Recent developments, such as the influx of institutional funds and economic cues affecting digital assets, are what fuel Bitcoin price predictions. Bitcoin ETFs See $11.54 Million…
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Eclipse Labs CEO Steps Down Following Sexual Misconduct Allegations

Eclipse Labs founder and CEO Neel Somani has announced he will be “temporarily reducing” his role as the public face for the firm following serious allegations of sexual misconduct. Somani took to the social media platform X, formerly Twitter, to address the allegations stating he is innocent and prepared to defend his reputation. “Serious allegations…
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Georgia Protests ‘Are Funded by Overseas Crypto,’ Claims Security Service

Georgia’s security service has claimed overseas actors are using crypto to fund a spate of protests that have divided the country. Thousands have taken to the streets in the capital Tbilisi in recent days, with smaller protests also taking place in the cities of Zugdidi, Kutaisi, and Gori. But the State Security Service of Georgia…
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Gains Network Fork Bug Allowed Traders To Profit 900% On Every Trade: Report

A fork of the Gains Network – an ecosystem of DeFi products on Polygon and Arbitrum – was allowing traders to claim 10X gains on every trade, no matter the price of their tokens traded, according to blockchain security experts. Gains Network Infinite Money Glitch Gains Network holds a total value locked (TVL) of $20.29…
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