KULR Technology Group, Inc., a thermal energy management company, increased its Bitcoin holdings with the purchase of 213.4 BTC worth $21 million. The purchase made through Coinbase Prime fits into the corporate strategic efforts to move 90% of its cash into Bitcoin (BTC) within the newly adopted treasury strategy. As reported by blockchain analytics firm … Read more
A savvy crypto trader has shocked the crypto market with incredible gains by trading AI-based cryptocurrencies. According to blockchain analytics platform Lookonchain, this trader secured an overall profit of $17.5 million by strategically trading AI coins like GOAT, ai16z, Fartcoin, and Arc. Now, the trader is buying this new token massively. Early Trade Turn Into … Read more
Gold price turned lower for the second straight day on Monday, though the downside seems limited. The Fed’s hawkish signal remains supportive of elevated US bond yields and exerts some pressure. Geopolitical risks and trade war fears might continue to offer support to the safe-haven XAU/USD. Gold price (XAU/USD) struggles to capitalize on its modest … Read more
South Korea’s Jeju Island, a self-governing tourist hotspot, will reportedly trial NFT tourist cards in a bid to attract the country’s younger generation.
MicroStrategy and Metaplanet, two prominent players in the corporate Bitcoin landscape, are doubling down on their cryptocurrency strategies for 2025. While MicroStrategy hints at another significant Bitcoin acquisition as part of its ambitious 21/21 plan, Japan-based Metaplanet is setting its sights on growing its Bitcoin holdings more than fivefold. These moves come amid bullish market … Read more
“We are now confident we know how to build AGI as we have traditionally understood it,” said OpenAI boss Sam Altman.
This week, two prominent figures in technology, Sam Altman of OpenAI and Ethereum’s Vitalik Buterin, present contrasting views on the trajectory of AI development. As OpenAI gears towards artificial general intelligence (AGI), cautionary measures are being advocated, showcasing a tension between innovation and safety mechanisms. Buterin emphasized the need for decentralized safety protocols, proposing blockchain-based … Read more
2024 was an extraordinary year for bitcoin, marked by an event of historical significance: the movement of five block rewards from 2009, which had remained untouched since they were mined. Last Year’s Genesis Echo On Sept. 20, 2024, between block heights 862,079 and 862,087, five ancient coinbase rewards, collectively worth 250 BTC, were spent. Bitcoin … Read more
WTI price could strengthen as colder weather in the Northern Hemisphere are expected to increase heating Oil demand. Oil prices increased as a result of Beijing’s economic stimulus measures aimed at revitalizing its struggling economy. Goldman Sachs projects that Iran’s exports will decline by Q2 due to stricter sanctions under the incoming Trump administration. West … Read more
Whales’ $413M DOGE purchases and reduced selling pressure signal bullish momentum, driving a 21% surge. Predictions from analysts and institutional adoption fuel optimism for DOGE to hit $1 by 2025. Blockchain analytics revealed that whales purchased over 1.08 billion DOGE, valued at $413 million, on January 3. Subsequently, Dogecoin surged 21% this week, peaking at … Read more