The money keeps rolling in as Bitcoin returns to the upper atmosphere. Big investors have pumped money into crypto-focused funds, bringing assets under management to their highest level since early 2022, a Monday report by CoinShares said—before the price of Bitcoin broke $50,000 for the first time since December 2021. Large amounts of cash have hit the crypto space following…
Month: February 2024
Google Gemini Advanced vs OpenAI ChatGPT Plus: Here’s How They Stack Up
Google sent shockwaves through the artificial intelligence realm when it rebooted its flagship AI tool, renaming it from Bard to Gemini and releasing a premium service level called Gemini Advanced. A direct challenger to industry stalwart ChatGPT Plus from OpenAI, we explored their respective strengths and weaknesses, but today we’re taking the gloves off. Let’s put Gemini Advanced and ChatGPT…
Pudgy Penguins NFTs Top $50K—Will They Flip Bored Apes?
Ascendant Ethereum NFT project Pudgy Penguins now boasts a floor price within striking distance of once-dominant collection Bored Ape Yacht Club—setting the stage for a potential flip that would upend long standing power hierarchies in the NFT industry. At one point on Sunday afternoon, the lowest price one could pay for a Pudgy Penguins NFT rose to 21.5 ETH, or…
Gaming Tokens Are Riding the Bullish Bitcoin Wave
Gaming tokens are rising again Monday as Bitcoin hits $50,000 for the first time since 2021, putting an exclamation mark on a lively last week that saw Immutable (IMX) mark a two-year high price and the MAVIA token from Heroes of Mavia more than quadruple in price. Immutable, the token of the gaming-centric Ethereum scaling networks Immutable X and Immutable…
Bitcoin Soars Past $49K, Eyes $50K Milestone Amid Global Trading Frenzy
Bitcoin’s spot market value leaped over the $49K threshold on Monday, breaking free from its initial trading confines of the day. The leading digital currency by market cap swiftly reached $50,000, marking a 3.7% increase over the past day and a notable 15.6% rise throughout the week. Bitcoin Breaks $49K Barrier, Bulls Seek to Tackle […] Source: https://news.bitcoin.com/bitcoin-soars-past-49k-eyes-50k-milestone-amid-global-trading-frenzy/
‘Pixelmon’ Game Picks Ethereum Scaling Network Amid MON Token Rollout
Immutable, the firm behind a pair of gaming-centric Ethereum scaling networks, announced a partnership on Monday with LiquidX, the studio behind the Pokémon-esque battle arena game Pixelmon. Under the agreement, Pixelmon will launch on the Immutable zkEVM blockchain, which recently opened to select developers in an early access mode. Pixelmon first launched in 2022 with an NFT creature sale that…
BEAM and KAS Rise This Week Snagging Double-Digit Gains; XMR, FXS, and RON Face Sharp Declines
In the past week, bitcoin has risen over 10% and ethereum has seen a growth of more than 7%. Meanwhile, several cryptocurrency assets have posted significant double-digit increases. Notably, beam (BEAM) experienced a surge of over 49%, and kaspa (KAS) enjoyed a 37% uptick in its value within the same timeframe. 7-Day Crypto Gainers and […] Source: https://news.bitcoin.com/beam-and-kas-rise-this-week-snagging-double-digit-gains-xmr-fxs-and-ron-face-sharp-declines/
Bitcoin Breaks $50K for First Time Since Hitting All-Time High in 2021
The price of Bitcoin (BTC) has broken past $50,000 per coin for the first time since December 2021. Coinbase data shows that the largest digital asset by market cap hit the $50,000 mark at 11 a.m. Eastern Time (5 p.m. Central European Time) on Monday. Source: Screenshot of Bitcoin price on Coinbase exchange The asset, which this time last year…
Ethereum Technical Analysis: Sideways Movement as ETH Eyes Break Above $2,500
With its price positioned at $2,485, ethereum’s daily fluctuations have ranged from $2,309 to $2,541, highlighting a market that is both dynamic and erratic. The current market capitalization of ether is approximately $299.25 billion, and in the last 24 hours, ethereum has seen a global trading volume of $6.91 billion. Following a peak in the […] Source: https://news.bitcoin.com/ethereum-technical-analysis-sideways-movement-as-eth-eyes-break-above-2500/
Announcing the 2023 Kraken Transparency Report
We offer a variety of crypto products and services to over nine million clients in 190 different countries. Last year, we received data requests from law enforcement and government agencies located in 69 countries: While these requesting agencies were spread across the federal, state, and local levels, most of the requests received were from law enforcement agencies. The most common…