Nvidia, a graphics processing unit and artificial intelligence (AI) company, believes that 2023 could mark the start of a metaverse-driven age in the automotive industry. As part of this new conception, automotive companies will start to include metaverse tech and implement it in their industrial and retail operations. Nvidia Believes Metaverse Tech Will Be Part …
Yearly archives: 2022
Sam Bankman-Fried Wants to Start New Business to Repay FTX Users — ‘I’m Going to Try if I Can’
Former FTX CEO Sam Bankman-Fried (SBF) has revealed that he wants to start another business in the hope of earning money to repay FTX customers. “I would give anything to be able to do that. And I’m going to try if I can,” he said. SBF Wants to Start a New Business Sam Bankman-Fried (SBF), …
Bahamian AG and Prime Minister Announce Sam Bankman-Fried’s Arrest in The Bahamas
Disgraced FTX co-founder Sam Bankman-Fried (SBF) has been arrested in The Bahamas, according to local reports citing the country’s attorney general Ryan Pinder. According to Pinder, SBF’s arrest “followed receipt of formal notification from the United States that it has filed criminal charges against SBF and is likely to request his extradition.” **Editor’s note: This …
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While Elon Musk Plans to Purge 1.5 Billion Inactive Twitter Names, Bitcoiners Beg Him to Preserve Hal Finney’s Account
On Dec. 9, 2022, Twitter’s owner Elon Musk told the public that the social media company plans to purge 1.5 billion accounts. Musk further added that the deletions would be obvious accounts that have no tweets or they haven’t logged in for years. However, after Musk announced this plan, a great number of cryptocurrency proponents …
Here’s Why Crypto Prices Might Surge 10% This Week
Over the last 30 days, Axie Infinity has seen massive gains. AXS’s monthly chart shows double-digit gains, and the price has increased by 25% in […] Go to Source
Sam Bankman-Fried, the founder of FTX, arrested in the Bahamas after the US files criminal charges
Sam Bankman-Fried, the founder of FTX, was detained by Bahamian authorities on Monday night after the Southern District of New York’s US Attorney shared a […] Go to Source
Disgraced FTX Founder Sam Bankman-Fried Is Now Under Arrest, Expected to Face Charges in the US
Crypto outcast Sam Bankman-Fried has been arrested by authorities in the Bahamas on behalf of the US. The move is the first signal that the founder of crypto exchange FTX will face criminal charges for the staggering disappearance of at least $1 billion in customer funds. United States Attorney for the Southern District of New …
Is Ripple poised to settle with SEC this week? Crypto Twitter weighs in
Rumors continue to swirl suggesting the two-year legal battle between Ripple Labs and the United States Securities and Exchange Commission (SEC) may be coming to an end as early as this week, prompting the crypto community to weigh in on the matter. Speculation about the potential settlement appears to have come from a Dec. 10 …
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This Bitcoin Metric Suggests Selling Pressure May Be Reaching Exhaustion
On-chain data shows the Bitcoin binary CDD has been going down recently, a sign that selling pressure may be getting exhausted in the market. Bitcoin 21-Day MA Binary CDD Has Been Observing Downtrend Recently As pointed out by an analyst in a CryptoQuant post, there was some heavy distribution going on in the market just …
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Bullish Divergences On Ethereum Chart, What’s Incoming?
The Ethereum price is trading laterally on its daily chart. The coin has moved south by 1.8% in that timeframe. Both the bulls and bears are trying to take over the market as the altcoin remains within a congested price zone. If the altcoin price is rejected at higher levels, the chance of a reversal …
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Cardano Sees A Spike In On-Chain Activity, Should You Buy ADA Now?
Charles Hoskinson, Cardano (ADA) founder, has explained how the cryptocurrency’s future privacy protocol (Midnight) would work within their ecosystem. In a recent YouTube interview, he claimed that the planned integration would help establish a confidentiality network of smart contracts. According to him, Midnight aims to resolve the paradoxical issue of having privacy and disclosure of …
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Why The GBTC Discount Could Lead To A Bitcoin Sell-Off
Grayscale Bitcoin Trust (GBTC) remains the largest bitcoin trust in the world with billions of dollars worth of BTC, but in the last year, the trust has had a hard time keeping up with the market. The result of this has been a large premium that has continued to widen through the bear market. Currently, …
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Solana Price Sees Downside, New Low On The Horizon?
The Solana price slid more than 3% over the last 24 hours and landed in the red. The price of the asset has been consolidating over the past few weeks. SOL has been struggling to get past its immediate resistance mark, which is further fueling the coin’s downslide. In the last week, the altcoin depreciated …
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Litecoin (LTC) Displaying Typical Bull Market Behavior, According to Top Crypto Analyst
A closely followed crypto analyst says that peer-to-peer payments network Litecoin (LTC) continues to look bullish despite its sideways price action over the last few weeks. In a new video update, pseudonymous crypto trader DonAlt says that Litecoin may just be gearing up for its next leg up against Bitcoin (LTC/BTC). “[LTC] had a strong move …
Ex-Goldman Sachs Executive Says Bitcoin and Ethereum Flashing Historic Signal As Central Banks Prepare to Reverse Policy
Macro guru Raoul Pal says that Bitcoin (BTC) and Ethereum (ETH) are displaying historic signals as both crypto assets rest on critical support levels. The former Goldman Sachs executive tells his 991,000 Twitter followers that Bitcoin is now the most oversold it has ever been, implying ultra-high-value opportunities for longer-term investors. “This likely cyclical low …