Harari Warns: AI Could Destabilize Finance Sector

Harari Warns: AI Could Destabilize Finance Sector

In A Nutshell The utilization of Artificial Intelligence (AI) in the financial sector poses unprecedented risks, as highlighted by philosopher Yuval Noah Harari during the Bank for International Settlements Innovation Summit. Harari emphasizes the necessity of robust institutions to manage these risks effectively, pointing out the crucial role of financial systems in establishing trust and…

Worldcoin Rises, Litecoin Dips Amid ETF Buzz and AI Talks

Worldcoin Rises, Litecoin Dips Amid ETF Buzz and AI Talks

In A Nutshell The cryptocurrency landscape is always evolving, with different tokens gaining interest for various reasons. Recently, Worldcoin (WLD) and Litecoin (LTC) have emerged as focal points of investor attention. This interest is driven by different factors – for Worldcoin, controversial discussions around AI and for Litecoin, the anticipation of an ETF. Despite the…

Bitcoin Inflows Hit Decade Low as Investors Hold Tight

Bitcoin Inflows Hit Decade Low as Investors Hold Tight

In A Nutshell Bitcoin exchange inflows have plummeted to levels not witnessed in nearly a decade, according to recent data from analytics platform CryptoQuant. This shift occurs despite Bitcoin’s climb to near $74,000 all-time highs, suggesting a significant adjustment in market sentiment and investor strategy. Notably, the volume of Bitcoin flowing into exchanges has decreased…

Solana Nears $160 Amid Bullish Signs, Caution Advised

Solana Nears $160 Amid Bullish Signs, Caution Advised

In A Nutshell Solana (SOL) has witnessed a significant rally, increasing by 27.2% in just six days. As it approaches the critical resistance level of $160, market observers are keenly watching to see if this momentum can push the cryptocurrency’s value to new heights. Despite the bullish trend on higher timeframes and booming NFT sales…

Dogecoin’s Bullish Future: Predicted Surge to $0.25

Dogecoin’s Bullish Future: Predicted Surge to $0.25

In A Nutshell Despite a recent 4.66% drop in value, Dogecoin (DOGE) is potentially set to increase to $0.25, according to AMBCrypto’s analysis. Currently, with 81.05% of DOGE’s circulating supply in profit, the sentiment among traders and certain on-chain indicators suggest a bullish outlook for the meme coin, hinting at a surge that could even…

Ethereum Hits $3K, New Users Surge Amidst Market Hopes

Ethereum Hits $3K, New Users Surge Amidst Market Hopes

In A Nutshell Ethereum (ETH) has recently witnessed a significant increase in both its price and the number of new addresses, pushing the cryptocurrency above the $3,000 mark. This growth has sparked interest and speculation about the future movements of ETH. Despite the rise in new addresses, which reached a peak not seen since October…

Block to Boost Bitcoin Holdings, Unveils Corporate Guide

Block to Boost Bitcoin Holdings, Unveils Corporate Guide

In A Nutshell Block, the payments company led by CEO Jack Dorsey, has disclosed its strategy to increase its Bitcoin holdings through a dedicated dollar cost averaging (DCA) program. This move was announced alongside the company’s first-quarter earnings report. Block plans to allocate 10% of its monthly Bitcoin-related gross profit into buying more Bitcoin throughout…

Revolut X Launches: New UK Crypto Exchange Hub

Revolut X Launches: New UK Crypto Exchange Hub

In A Nutshell Revolut, a leading fintech company, expands its footprint in the cryptocurrency market with the launch of Revolut X, a dedicated crypto exchange tailored for UK retail investors. This strategic move aims to enhance the trading experience by offering competitive fees, a vast selection of cryptocurrencies, and seamless integration with Revolut’s existing financial…

Starknet Foundation Launches $5M Grants for Blockchain Projects

Starknet Foundation Launches $5M Grants for Blockchain Projects

In A Nutshell The Starknet Foundation recently unveiled a $5 million Seed Grants Program, signaling a strong commitment to fostering innovation within the blockchain ecosystem. This initiative is designed to provide financial assistance to at least 200 projects, offering $25,000 in USDC to each selected team. The primary aim is to support projects in their…

Bitcoin Nears Cap: 19.5M Mined, Race to 2140 Intensifies

Bitcoin Nears Cap: 19.5M Mined, Race to 2140 Intensifies

In A Nutshell Bitcoin mining represents the core process for transaction validation and the introduction of new bitcoins into circulation within the Bitcoin network. With approximately 19.5 million bitcoins already in circulation out of a total 21 million, the focus shifts to the intricate details of mining, including the effort, time, and resources required to…