Elon Musk’s AI startup, xAI, successfully raised $6 billion in a Series B funding round on May 26. The latest Series B round included participation from Vy Capital, Andreessen Horowitz, Sequoia Capital, and Saudi billionaire Prince Alwaleed Bin Talal. According to an official blog post from the xAI startup, the capital raise will bring xAI’s […]

TRON founder Justin Sun is encouraging those in the blockchain sector to vote for the pro-crypto candidate as tensions heat up between Joe Biden and Donald Trump ahead of the 2024 U.S. presidential election. “We should support a presidential candidate who endorses cryptocurrencies,” Sun wrote in a statement on Sunday. “We need to demonstrate to […]

A trader has made a staggering 419x gain with the help of Shiba Inu (SHIB)

The post Top 5 Best Crypto Staking Platforms appeared first on Coinpedia Fintech News Crypto trading is pretty common but crypto staking has become the latest trend out there. We don’t mind saying that it has transformed the finance world as it has become a go-to way of growing wealth. With crypto staking, investors can […]

The post Bitcoin (BTC) Price Crawls Back to $70,000 Range? Will it Make It Above $74,000? appeared first on Coinpedia Fintech News After the recent upswing from $58,000 to $71,000, the Bitcoin bulls were heavily drained, resulting in a plunge below $67,000. The surge was fueled by multiple reasons, which were expected to elevate the […]

TL;DR The SEC approved the first ETH ETFs, classifying the asset as a commodity. A possible bull market for ETH is expected in the long term, despite short-term challenges. Volatility and liquidity in the Ethereum markets have shown significant changes. The recent approval of Ethereum (ETH) ETFs by the US Securities and Exchange Commission (SEC) […]

Crypto analyst CryptoBull recently highlighted a bullish pattern that could send the XRP price to three figures. However, the analyst failed to give an exact timeline for when this massive rally would occur.  XRP Price To Hit $154 CryptoBull mentioned in an X (formerly Twitter) post that that chart shows that XRP will rise to […]

The Gopax exchange reportedly owes 100 billion Korean won in unreturned user staking deposits. Gopax, a top five South Korean crypto exchange by market share and majority-owned by Binance, reportedly sold its users’ deposit claims for half of their face value in August 2023.  According to a May 27 post by local news agency Hankyung, […]

PRESS RELEASE. Apu Apustaja, a new memecoin making waves in the industry, has announced impressive support from its rapidly growing community, including over 11,650 coin holders and more than 13,000 Telegram channel members. Leading a revolution in the sector, which sees frog memecoins replacing dog-themed coins. Behind its sudden surge in popularity are a highly […]

U.S. Treasury Secretary Janet Yellen has stressed the importance of managing U.S. borrowing needs amid higher long-term interest rates, emphasizing the need to boost revenue in budget negotiations. “We’ve raised the interest-rate forecast. That does make a difference. It makes it somewhat more challenging to keep deficits and interest expense under control,” Yellen told Bloomberg […]