Wed, November 20

Amazon Introduces OpenAI’s ChatGPT Competitor ‘Bedrock’

The solution to the tech industry’s current fixation with artificial intelligence has been provided by one of the world’s top tech corporations. Amazon has released a chatbot called Bedrock that is intended to compete with OpenAI’s enormously popular ChatGPT. By developing its own generative AI system, Amazon is following in

April 14, 2023 1 min read

ETH Above $2K and BTC Held at $30K, How High Can They Go?

Bitcoin and Ethereum are making an effort to break through significant price barriers. A day after the Ethereum Shanghai update, the ETH price spiked. Ethereum (ETH) just increased in value by more than 10.49% in the last 24 hours, trading at over $2,116.04. The second-largest cryptocurrency in the world surged

April 14, 2023 1 min read

Arizona Governor Vetoes Bill Restricting Taxation on Residential Bitcoin Mining

Recent reports state that Arizona Governor Katie Hobbs has vetoed legislation to prevent municipalities from imposing taxes on residential Bitcoin (BTC) mining operations. The Governor stated that the measure sought to limit the authority of local stakeholders, which was unacceptable. In January, Arizona Senator Wendy Rogers introduced the bill that

April 14, 2023 2 mins read

Crypto Market Rallies as U.S PPI Declined 0.5% in March 2023

Following March’s disappointing Consumer Price Index (CPI) statistics, the U.S. Bureau of Labor Statistics revealed Thursday that the PPI for final demand fell 0.5% in March. A 0.1% increase in the PPI was predicted for March, therefore the 0.5% increase was unexpected. Inflation as measured by the PPI in March

April 13, 2023 1 min read

BTC Index Futures and Options Trading Launched by London Stock Exchange

On Thursday, the London Stock Exchange Group (LSEG) announced that beginning this year, it would facilitate trading and settlement for Bitcoin index futures and options derivatives. The London Stock Exchange (LSE) is now offering Bitcoin trading via a partnership with a digital trading platform. According to a report by Reuters

April 13, 2023 1 min read

Argentine Regulator Approves Matba Rofex To Offer BTC Index Futures Contracts

The Argentine public’s enthusiasm for Bitcoin and other cryptocurrencies has been on the rise as of late. The National Commission of Value (CNV), Argentina’s securities regulator, has given the green light to local exchange Matba Rofex to begin trading regulated Bitcoin index futures contracts. Furthermore, locals may now speculate on

April 13, 2023 2 mins read

Top 3 Crypto Communities on CoinMarketCap: OPTI, BTC, and SHIB

OPTI/USD Optimus AI, a decentralized currency launched on the official Optimus Twitter birthdate, is focused on building and nurturing the largest AI community while providing exposure and resources to innovative projects. In recent times, OPTI, the native token of Optimus AI, has shown bullish trends, with a 3.53% increase in

April 13, 2023 3 mins read

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

Billionaire Warren Buffett Criticizes Bitcoin Calling It ‘Gambling Token’

Warren Buffett, the billionaire businessman renowned for his outspoken condemnation of Bitcoin and the cryptocurrency industry, has reaffirmed his stance. On Wednesday, as Bitcoin’s price rose beyond $30,000 and neared a 10-month high, he made the remarks. Buffett has said that the leading cryptocurrency, Bitcoin, is nothing more than a

April 12, 2023 1 min read

U.S CFTC Yet Again Claims Crypto as Commodities in Recent Lawsuit

Former Deutsche Bank investment banker Rashawn Russell is the subject of a civil enforcement action brought by the U.S Commodities Futures Trading Commission (CFTC) in the United States District Court for the Eastern District of New York. Furthermore, Russell is accused of defrauding investors out of at least $1 million.

April 12, 2023 1 min read