PRESS RELEASE. It is incredible to see the utilisation of AI in every industry in some shape or form, but above all else, companies such as ChatGPT or DALL-E that are able to respond to millions of requests within a matter of seconds provide a clear illustration of the amount of processing and power being […]

Some retailers in Argentina are already pricing imported items in U.S. dollars, according to reports from local news outlets. The idea behind this would be to keep prices stable and avoid repricing articles each day, a practice that has already been adopted in other Latam countries like Venezuela, which present high levels of inflation. U.S […]

The cryptocurrency market cap saw net outflows of $8.3 billion over the last 24 hours and currently stands at $1.01 trillion — down 0.8% from $1.02 trillion. Over the reporting period, Bitcoin and Ethereum’s market cap fell 1.4% and 0.5% to $426.32 billion and $190.64 billion, respectively. The top 10 crypto assets recorded a mixed […]

Three Arrows co-founder Kyle Davis explained the business model of the soon-to-launch OPNX exchange, sparking skepticism from the crypto community. Davies and Su Zhu met at Columbia University, founding 3AC in 2012. The firm operated as a crypto hedge fund, borrowing billions to fund its trading activities. Following the USDT de-peg and subsequent market-wide liquidity […]

The post Breaking Barriers: The Top 3 Crypto Set to Disrupt their Respective Industries in the Next Bull Market: Flux, Harmony, And HedgeUp appeared first on Coinpedia Fintech News Cryptocurrencies have been gaining popularity in recent years as a legitimate form of digital currency that allows for peer-to-peer transactions without the need for a central […]

The post Judge’s Ruling Increases Likelihood of Trial in Ripple v. SEC Case appeared first on Coinpedia Fintech News In the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), the likelihood of the case resolving through trial has become even higher, according to the former lawyer and Evernode XRPL […]

The post Will This Catalyse the Ethereum (ETH) Price Rally, Which is Currently Stuck in a Narrow Range? appeared first on Coinpedia Fintech News The narrow trend of the Ethereum price does not appear to have impacted ETH 2.0 staking, which has become extremely popular nowadays. The realized value of ETH, along with its average […]

Coinspeaker Silvergate Reportedly Working Out a Rescue Plan with FDIC Officials Crypto-focused bank Silvergate Capital is facing a major crisis at its end and is looking for a way to stay in business. As per the latest reports, Silvergate Bank has been reportedly talking with the officials at Federal Deposit Insurance Corp thereby discussing ways […]

Coinspeaker Top Asset Manager Says Federal Reserve May Continue Hiking Interest Rates to 6% The world’s largest asset manager, BlackRock, has weighed in on the subject of interest rate hikes by the US federal reserve. According to BlackRock, upcoming federal reserve decisions are likely to see the rates increase by almost 6%. Per a CNBC […]

U.S-based cryptocurrency exchange Kraken, after settling with the SEC for $30 million dollars and ceasing its staking operations, is now back with news of creating its own banking institution. Known as Kraken Bank, the crypto bank is the first one to be awarded by a U.S. state banking charter and will be based on the […]