Wed, November 5

U.S CPI Data Reveals Less Than Expected Inflation Rate in March at 5%

Compared to February, when prices grew by 0.4%, the CPI increased by 0.1% in March 2023 after seasonal adjustments were made. Inflation statistics for March showed an annual rise in the all-items index of 5.0% before seasonal adjustment. The Consumer Price Index (CPI) for March 2023 had recently been issued

April 12, 2023 1 min read

Chinese Tech Giant Alibaba Forays Into AI Race With ChatGPT Rival

Tongyi Qianwen, which translates to “truth from a thousand questions,” is an AI language model that is capable to write invitation letters, organize vacations, and provide beauty product recommendations to buyers. The AI language model has been launched by Chinese tech giant Alibaba. Initially, Tongyi Qianwen will be included in

April 12, 2023 2 mins read

Today’s Crypto Market, BTC and ETH Losses Outweigh Gains

Cryptocurrency started green and fresh as the day began but is ending in the red zone. Every other coin or token in the market is passing through a dip of about 3 to 4% in the hour. Though major crypto updates are pipelined in consecutive days, such as the Ethereum

April 12, 2023 1 min read

Bitcoin Miner CleanSpark Buys 45,000 Mining Gear Worth $145M

CleanSpark, a Bitcoin miner based in Sandersville, Georgia, in the United States, has announced the completion of a $144.9 million transaction to acquire 45,000 of Bitmain’s Antminer S19 XP Bitcoin mining machines. The first 25,000 miners will start trickling in over the month of August, with the remaining devices coming

April 11, 2023 1 min read

MicroStrategy’s Bitcoin Holdings Turn Profitable as BTC Crosses $30k

MicroStrategy, an American software firm, has the highest corporate Bitcoin (BTC) holdings and is presently profiting from its cryptocurrency wager. According to an SEC filing made by MicroStrategy on April 5, the business and its subsidiaries bought roughly 1,045 Bitcoin for about $29.3 million between March 24 and April 4.

April 11, 2023 1 min read

Bullish Sentiment in Crypto Stock as Bitcoin Pushes Price Up by Over 6%

Bitcoin (BTC), also known as the queen of cryptocurrency and the leading cryptocurrency by market capitalization, has recently attracted the attention of investors in the crypto market. The reason for this recent buzz in the cryptocurrency market is that Bitcoin has managed to push its price up by over 6%

April 11, 2023 2 mins read

Bitcoin at $30K Confirms Complete Recovery From Terra and FTX

Bitcoin crossed the $30,000 mark, putting an end to its three-week-long consolidation. This largest cryptocurrency recorded its 10-month-high at $30,430, which is the new high peak after a cascade of crashes in 2022 — from Terra Luna collapse, Celsius, and FTX to the recent US bank runs.  This breakout is

April 11, 2023 2 mins read

Bitcoin (BTC) Projected to Hit New Highs of $33K by Thursday

Since the beginning of the year, Bitcoin (BTC) has been rapidly increasing in value, attracting investors and traders in the cryptocurrency market. This follows a bumpy trend last year that caused the price of BTC to plummet to the $15K level. However, BTC bulls have recently managed to keep the

April 11, 2023 2 mins read

Can Bitcoin Price Hit $30K Level This Week Post Consolidation?

With a 70% increase this year, Bitcoin (BTC) has reached its highest price in nine months, substantially over $29,000. While the derivatives market has been revitalized by the recent upswing, total leverage use is still modest, indicating a minimal probability of “liquidations-induced” severe price movements. For almost three weeks, the

April 10, 2023 1 min read

Bitcoin MarketCap Beats Prominent Global Giants To Claim 8th Spot

The greater a cryptocurrency’s market valuation, the more influential it is thought to be. This is why many people consider market capitalization to be the most crucial factor when deciding how to rank various cryptocurrencies. Since the beginning of the year, Bitcoin’s value has climbed by leaps and bounds, causing

April 10, 2023 2 mins read
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