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Category: BitCoin

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Grayscale Bitcoin Trust ETF Was Overtaken By 9 New Bitcoin ETFs

Key Points: Grayscale Bitcoin Trust ETF saw a $303 million outflow on March 8, shifting the Bitcoin ETF asset balance. Nine new US Bitcoin ETFs surpass GBTC, managing $27 billion, led by IBIT. On March 8, data from BitMEX Research revealed that Grayscale Bitcoin Trust ETF (GBTC) experienced an outflow of $303 million.   Grayscale…
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AI Crypto Market Is Facing Huge Challenges After Price Increase

Key Points: A Coinbase report warns that the AI crypto market is driven by hype and facing competition and technical issues. The AI crypto market surges alongside Nvidia stock, outpacing traditional AI-related stocks. The report cautions against overstating the value of AI tokens and highlights the need for reliable model execution. A recent research report…
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Ethereum price closes in on $4K, but traders’ excessive optimism is a warning sign

ETH price nears the $4,000 level, but derivatives data points to a slightly overheated market. Ether (ETH) bulls are on a roll after the altcoin’s price surged by 13% in 7 days, reaching the $3,900 level for the first time since December 2021. The current $456 billion market capitalization distances Ether from its competitors. However,…
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Free Bitcoin Code 2024: Easy Way To Own Bitcoin

In the crypto world, Bitcoin reigns supreme as the digital equivalent of gold, offering a tantalizing allure akin to striking riches. Yet, amidst the frenzy of buying and selling, there exists a lesser-known avenue to acquire Bitcoin without parting with your hard-earned cash—enter the realm of free Bitcoin codes. What is a Free Bitcoin Code?…
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How To Find Potential Meme Coins With 100x Account Chance

In the ever-evolving landscape of cryptocurrency, meme coins have carved out a notable niche. Despite their humorous beginnings, certain meme coins have skyrocketed in value, boasting market capitalizations in the billions. Let’s explore with us how to find potential meme coins. What are Meme Coins? A meme coin is a type of cryptocurrency that derives…
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Tether launches recovery tool to migrate USDT between blockchains

Tether will allow users to move their USDT between blockchains if any of the operated blockchains become unresponsive. Major stablecoin issuer Tether has launched a recovery tool to migrate its Tether USDT stablecoin between different blockchains amid USDT hitting a $100-billion market capitalization. Tether announced the launch of a blockchain recovery plan on March 4 to ensure…
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Can voters spot AI deepfakes ahead of the 2024 presidential elections?

Super Tuesday has arrived in the U.S. as it approaches the 2024 presidential election, and the ability to spot AI-generated deepfakes will be crucial for voters trying to stay accurate and up to date. The United States is one of the many nations around the world that is gearing up for a major election cycle in 2024.…
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Fetch.ai announces GPU rewards for tokenholders after $100M infrastructure investment

The incentive program will be available to FET stakers starting March 7. Crypto artificial intelligence project Fetch.ai, built on Cosmos, is allocating $100 million to an infrastructure program, dubbed Fetch Compute, that will expand the tools, computing power and training capabilities of developers alongside providing GPU credits for its users. According to the March 5…
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Bitcoin daily withdrawals challenge records as $2B leaves exchanges

Bitcoin is exiting exchanges at the fastest pace since mid-2021 and is on track to set new historic records in U.S. dollar terms. Bitcoin is leaving exchanges at the quickest rate in years as BTC price action vies for all-time highs. In a post on X on March 3, James Van Straten, research and data analyst at…
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Nigerian committee summons Binance CEO over financial crime suspicions

The committee’s Chair, Ginger Onwusibe, warned that if Binance ignores the summons, the committee will exercise its constitutional authority and take necessary actions. The Nigerian House of Representatives Committee on Financial Crimes has called Binance CEO Richard Teng to appear before the committee over suspicions of terrorism financing and money laundering. According to a local…
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