ETH Price Could Hit $4,500 Before ETF Approval – Arthur Cheong
According to Arthur Cheong, Ether could rally another 15% and hit $4,500 before the first official ETF starts trading on the market. Before the official confirmation of the first spot Ether exchange-traded funds (ETFs), the price of Ether could reach $4,500, according to Arthur Cheong, founder and CEO of crypto-focused investment firm DeFiance Capital. X […]
Musk’s xAI Secures $6B in Series B Funding
xAI, the artificial intelligence venture of Elon Musk, has gained series B funding for $6 billion and could rival top competitors like ChatGPT by the end of 2024. Investors such as Valor Equity Partners, Vy Capital, Andreessen Horowitz, Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal, and Kingdom Holding participated in the […]
Argentina Draws Insight from El Salvador’s Bitcoin Adoption
The government of Argentina collaborates with El Salvador to gain insights from its experience adopting Bitcoin and other cryptocurrency-related activities. CNV announced that the National Securities Commission (CNV), the securities regulator of Argentina, and the National Commission of Digital Assets (CNAD), the regulator of El Salvador, met to discuss the adoption and regulation of cryptocurrencies […]
EU Plans for Blockchain and AI Integration
The EU has been advised to prepare for the integration of blockchain and AI, per a May 24 report from the European Blockchain Observatory and Forum. It has been recommended that the European Union (EU) prepare itself for the convergence of artificial intelligence (AI) and blockchain technology. An initiative of the European Commission, the European […]
Lawyer Downplays Ripple Lawsuit and Escrow Burn Impact on XRP Price
Pro-XRP lawyer Bill Morgan downplayed the impact of Ripple’s SEC lawsuit and escrow burn on XRP’s price, garnering investor attention. Investors have taken note of a recent remark made by a pro-XRP attorney concerning the ongoing Ripple lawsuit with the U.S. SEC and Ripple burning escrow. Attorney Bill Morgan minimized the effect on the XRP […]