The dawn of the AI age has brought with it a new contender in the race for processing supremacy—Application Specific Integrated Circuits (ASICs). These custom-built chips offer unparalleled efficiency when compared to their more versatile […]
Cardano (ADA) price dropped 4% as the altcoin markets retracted over the past 7 days. On-chain data shows how recent bullish action from Cardano whales could propel ADA price back above the $0.40 resistance. Cardano […]
Federal Reserve raised the funds rate by another 25bp Jerome Powell hinted at the end of the tightening cycle The US dollar did not move following the Fed’s decision The Federal Reserve of the United […]
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On May 2, 2023, the Biden administration unveiled a blog post outlining the Digital Asset Mining Energy (DAME) tax, featured in the president’s comprehensive 182-page budget proposal for the fiscal year 2024. The DAME tax […]
Ethereum price came under pressure on Monday after the collapse of First Republic Bank (FRC). ETH pulled back to a low of $1,827 as investors also waited for the upcoming interest rate decision by the […]
The French Senate’s Committee on Economic Affairs recently approved an amendment to pending legislation allowing registered cryptocurrency companies to hire social media influencers for advertising and promotional purposes. According to a translation of the amendment […]
Bank of Russia raised its forecast for the profits of Russian banks in 2023, expecting results that may break the 2021 record. This year’s high numbers are coming after 2022 became the worst annual period […]
Venmo is launching a new crypto transfer feature. In a press release, PayPal, which owns the Venmo payment app, said that users will be able to transfer cryptocurrencies between Venmo wallets. They will also be […]
Bitcoin Cash price has remained in a consolidation phase in the past few weeks. It remains significantly below the year-to-date high of $153. The Fed is expected to hike interest rates by 0.25% and point […]
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