The cost of Ethereum (ETH) has picked up speed, with investor confidence showing a significant increase. In the last 24 hours, ETH has gained a 0.3% increase and is priced at $3,080 now. Its market capitalization reaches an impressive $370 billion. Yet, Ethereum’s daily trading volume experienced a significant decline, dropping to $17.1 billion (a … Read more
On Tuesday, April 16, there were withdrawals of $58 million from Bitcoin ETFs tracked by Farside Investors. This marks the third straight day of outflows, suggesting a decrease in market activity for Bitcoin ETFs. In spite of the ongoing decrease, there are indications of progress. The Grayscale Bitcoin ETF GBTC recorded inflows of $79.4 million … Read more
In simpler terms, cryptocurrencies represent a new form of digital money that operates independently of traditional financial institutions. These currencies allow direct transactions between individuals over the internet, eliminating the need for intermediaries. The value of this market currently reaches unprecedented heights, with trillions of dollars in worth, reflecting a major shift in our understanding … Read more
JD.com, a prominent e-commerce brand from China, has been ramping up its application of artificial intelligence technology. Recently, the company showcased this innovation by having an AI representation of its founder, Richard Liu Qiangdong, host two live-streaming sessions on Tuesday. JD.com’s AI character, resembling ChatRhino – a large language model, mirrors technologies like ChatGPT. In … Read more
The faith of investors in Bitcoin‘s mining industry is wavering due to the cryptocurrency’s reward reduction, causing a decline in Bitcoin mining companies’ shares in the U.S. and abroad. Nevertheless, Mitchell Askew, an analyst from Blockware Solutions, asserts that these concerns are largely unwarranted, stating, “Investors will come to understand that their fears were overblown.” … Read more