Microsoft Corporation, a leading tech company, announced a commitment of $1.5 billion to invest in Emirates’ foremost artificial intelligence firm, G42. This decision strengthens Microsoft’s strategic shift from China. Microsoft’s investment in G42ai at the UAE will strengthen the country’s status as a leading AI innovation center. This collaboration brings advanced technology and digital infrastructure … Read more
The approaching bitcoin halving could lead to some investors selling in the near term, but Crypto.com’s CEO, Kris Marszalek, maintains a positive outlook regarding its effects on the market in the future. Kris Marszalek, CEO of Crypto.com, believes that the approaching Bitcoin halving could cause temporary fluctuations in the market due to selling pressure. However, … Read more
Due to the growing collection of digital assets and the unpredictable price fluctuations in cryptocurrencies, traders require powerful resources to help them sort through the chaos and identify profitable possibilities. The altFINS Crypto Screener offers users the ability to quickly and effectively scan through over 3000 digital assets, helping traders discover lucrative trading possibilities that … Read more
In Hong Kong, there’s been a lot of buzz following the approval of three new Bitcoin and Ether ETFs (Exchange-Traded Funds). Crypto fans are thrilled about this development. But, Eric Balchunas, a senior ETF analyst at Bloomberg, urges caution against overzealous anticipation. In a recent article, Balchunas cautions against the excessive excitement surrounding these ETFs. … Read more
On April 15, BlackRock’s iShares Bitcoin Trust (IBIT) saw net investments of $73.4 million, even though this was a decrease from the $110.1 million inflow experienced the day prior, based on information from Farside Investors. Over the last two days, IBIT was the sole U.S. Bitcoin fund to attract investments, while other ETFs, with the … Read more