As the market continues to mature, savvy investors are always looking for undervalued assets with the potential to provide significant returns. Dogecoin (DOGE), XRP (XRP), and Everlodge(ELDG) – are three cryptocurrencies that fit that description to a tee. Keep reading to discover why these cryptocurrencies are undervalued and how their future may unfold. Summary – […]
Ethereum price risks losing the $1.6K support as multiple ETH price metrics decline
A lack of network activity and ground lost to competitors could eventually play a role in ETH losing the $1,600 support. Ether (ETH) price surged by 31.3% from March 10 to March 18, coinciding with the U.S. Federal Reserve’s injection of $300 billion to address the insolvency of Silicon Valley Bank.. Since then, Ether’s price […]
Report suggests 6 billionaire crypto traders earned their fortunes from Bitcoin
The firm behind the “Crypto Wealth Report” said it received a spike in the number of crypto-related inquiries by millionaires in the last six months. A report released by London-based investment migration consultancy firm Henley & Partners suggests there were more than 40,000 crypto millionaires in the world holding Bitcoin. According to the “Crypto Wealth […]
US-based Genesis Global Trading will eliminate its crypto spot trading service
The company, an affiliate of Barry Silbert’s Digital Currency Group, has been providing crypto spot trading since 2013. Its closure is “for business reasons.” Genesis Global Trading (GGT) will close down its cryptocurrency spot trading service on Sept. 18, according to press reports. GGT is affiliated with the Digital Currency Group (DCG), but it was […]
Martin Shkreli Details Sam Bankman-Fried’s Life in Prison
Martin Shkreli, the former CEO of several hedge funds and pharmaceutical companies, offered updates about the life of Sam Bankman-Fried in prison. Jeremy Lorenzo (aka Flacco Poops), Shkreli’s source on MDC Brooklyn, the center in which Bankman-Fried is being held, stated that he has been facing some troubles due to inmates believing he was a […]
Marathon Digital Bitcoin mining production down 9% in August; CEO cites Texas heatwaves as contributing factor
Marathon Digital Holdings reported a 9% drop in Bitcoin (BTC) production in August 2023, with the company mainly attributing the decrease to increased shutdown activity in Texas due to record-high temperatures. This comes despite the company securing miners for an additional 5 EH/s hash rate and producing a significant 1,072 BTC last month, according to […]
Bitcoin range trades as volatility subsides, will TON, LINK, MKR and XTZ follow?
Bitcoin’s failed breakout to the upside hints that range-bound price action could be set to continue. Meanwhile, TON, LINK, MKR and XTZ begin to perk up. Bitcoin (BTC) tried to break out of its range last week, but the bulls could not sustain the higher levels. Bitcoin is back inside the range and is trading […]
Oxford scientists develop GPU-accelerated limit order book sim to teach AI how to trade
The first-of-its-kind architecture gives up to a 7x speedup over traditional training methods. A multidisciplinary research team from the University of Oxford recently developed a GPU-accelerated limit order book (LOB) simulator called JAX-LOB, the first of its kind. JAX is a tool for training high-performance machine learning systems developed by Google. In the context of […]
MetaMask rolls out ‘Sell’ feature, allowing users to cash out crypto to fiat in-app
Popular Ethereum wallet MetaMask announced a “Sell” feature on Sept. 5 that will allow users to withdraw their cryptocurrency as cash. That announcement indicates users can now sell cryptocurrency in their Metamask Portfolio for fiat currency. Once a user sells their crypto, they can send the converted funds to their bank account or to their […]
Regulated Liability Network identifies proof-of-concept case with digital pound
The RLN, which places tokenized assets and liabilities on the same ledger, was tested with simulated cross-border CBDC transactions in a previous project. The Regulated Liability Network (RLN) has completed its United Kingdom discovery phase and is prepared to proceed to a use case with retail central bank digital currency (CBDC), according to its latest […]