Top Market Analyst Predicts ‘Max Pain’ For Bitcoin
A leading market analyst predicts that Bitcoin is approaching its “Max Pain” period, whereas Ethereum (ETH) exhibits a more favorable upside. Regarding the future course of Bitcoin (BTC) compared to Ethereum (ETH), which is its closest competitor in market capitalization, cryptocurrency analysts are presently divided. A notable analyst, identified on X under the handle @hedge__x, […]
Sam Altman To Explore Global Chip Venture Funding
On January 19, sources disclosed that OpenAI CEO Sam Altman intends to use the funds raised for a chip venture to establish a series of semiconductor manufacturing facilities. As reported by Bloomberg, Altman is reportedly in consultations with several significant prospective investors to secure the capital necessary to establish chip fabrication facilities or fabs. The […]
API3 Breaks Resistance and Soars 100%: Can It Hit $4?
API3, a decentralized API network, has seen a massive price rally in the last 24 hours, breaking the previous resistance at $2.50 and reaching a new high of $3.20. Several factors, such as negative funding rates, market-making loans, and technical indicators, drove the rally. However, the price faces a strong resistance at $3.20, which could […]
Ark Invest Shifts BITO Funds to Strengthen ARKB Spot Bitcoin ETF
Cathie Wood’s Ark Invest has been selling its shares of ProShares Bitcoin Strategy ETF (BITO) to buy more units of Ark 21Shares Bitcoin ETF (ARKB), its own spot Bitcoin ETF. This move shows Ark Invest’s confidence in its active fund management strategy and preference for spot exposure to Bitcoin. Ark Invest swaps BITO for ARKB […]
India and Iran Forge a Strategic Partnership within BRICS and SCO
India and Iran, two influential members of the BRICS and SCO blocs, have strengthened their bilateral ties and cooperation in various fields, such as trade, transport, and security. They have also navigated the challenges and opportunities of the global political landscape with diplomacy and vision. The year 2024 marks a new chapter in the history […]