Author: Alice Hill

Popcat has emerged from the convergence of internet memes and cryptocurrency. The meme coin depicts a playful feline, and it serves as inspiration for this digital asset, which has captured the attention of investors and crypto enthusiasts as it tallies a new milestone. Related Reading Popcat Scales The Crypto Food Chain Popcat has been showing a big deal of resilience since it made a foray into the memecoin space in 2020. Fast forward four years, the token tallied an incredible 180% growth in value in 30 days. The coin achieved an all-time high of $0.7542 in 24 hours, up roughly…

The upcoming United States elections scheduled for November could mark a significant turning point for the American crypto industry due to candidates’ opposing views on digital assets. Crypto exchange Coinbase believes crypto voters will make a big difference in the election’s key races, especially the presidential contest. The Effect on Battleground States According to a survey conducted by the crypto trading platform, 52 million Americans own cryptocurrencies, and one in every six of them lives in key battleground states. Battleground states, also known as toss-up or purple states, can be won by either the Democratic or Republican candidate in a…

Core Scientific buys Block’s 3nm Bitcoin ASICs in a major deal between the two companies. The deal boosts Core Scientific’s hash rate by 60%, enhancing efficiency and profitability. The deal between Block and Core Scientific aims to redefine Bitcoin mining standards, leveraging advanced ASICs. Jack Dorsey’s financial services company Block has finalized a major deal with Core Scientific, marking the first sale of its highly anticipated 3 nanometer Bitcoin mining ASICs. This deal marks one of the largest ASIC agreements ever signed in the history of Bitcoin mining, underscoring Block’s commitment to advancing mining technology and Core Scientific’s strategic expansion…

In March, Bitcoin hit an all-time high above $73,000, sparking debates amongst market watchers and analysts about whether the cryptocurrency  has hit its top this cycle. However, a crypto analyst has provided an in-depth analysis of Bitcoin’s recent price movements and future outlook, suggesting that the pioneer cryptocurrency still has substantial upside momentum ahead.  Analyst Says Bitcoin Has Reached Second Early Cycle Top On July 11, a crypto analyst identified as ‘CryptoCon,’ took to X (formerly Twitter) to share insights into Bitcoin’s price movements based on the Relative Strength Index (RSI) Bollinger Band % phases. The analyst disclosed that Bitcoin’s…

Recent data shows that Bitcoin has completely detached from US stocks. This is significant considering how the flagship crypto and these stocks had a positive correlation before now, which undoubtedly positively impacted Bitcoin and the broader crypto market. Bitcoin Has No Correlation With US Stocks Data from the market intelligence platform IntoTheBlock shows that Bitcoin’s correlation with the Nasdaq 100 and S&P 500 has dropped to -0.78 and -0.83, respectively. This means that Bitcoin and these assets have a strong negative correlation, with their prices tending to move in opposite directions.  Related Reading Source: IntoTheBlock Indeed, that has been the…

An analyst has explained how Solana (SOL) is currently mirroring the same pattern that led to a bullish breakout for its price back in 2021. Solana Appears To Be Showing Similar Trend To 2021 Right Now In a new post on X, analyst Ali Martinez has discussed about how the pattern recently forming in SOL has been reminiscent of what the cryptocurrency showed back in the July of three years ago. Related Reading Below is the chart shared by the analyst, that highlights the similarity between the two periods: Looks like SOL may be gearing up for a move towards…

BNB has recently fallen below the critical $500 support mark, signaling the continuation of a bearish trend. This decline reflects increased selling pressure and growing bearish sentiment within the cryptocurrency market.  As BNB slips under this significant threshold, analysts and traders are closely watching for further downward movement, potentially targeting lower support levels. The breach of the $500 mark is a key indicator of ongoing market weakness, suggesting that BNB may face continued challenges in the near term. With the help of technical indicators to provide comprehensive insights into potential future movements, key support levels to watch, and strategies for…

The Bitcoin price has fallen to a low of $59,604 today, marking a 4% decrease. According to several renowned crypto analysts, this movement was largely driven by the phenomenon known as the CME gap, a concept critical in Bitcoin futures trading at the Chicago Mercantile Exchange (CME). Why Is Bitcoin Down Today? A “CME gap” is a term used to describe the price gap that emerges on the Bitcoin CME futures chart. Unlike Bitcoin’s spot markets that operate 24/7, the CME Bitcoin futures market only trades five days a week, closing over the weekend and on holidays. This difference in…

Google has recently unveiled Lumiere, an AI model that is set to redefine the landscape of video generation. Developed by researchers at Google, in collaboration with the Weizmann Institute of Science and Tel Aviv University, Lumiere stands out with its unique Space-Time Diffusion Model. This technology promises to produce realistic, diverse, and high-quality videos from text and image inputs. Lumiere is not the first model to attempt realistic video generation, but it has been shown to outperform its contemporaries in significant ways. According to studies, it surpasses models like Pika, Runway, Stability AI, ImagenVideo, and others in motion magnitude, temporal…

Data Protocol (DP): Redefining Data Ownership, Security and AI-verification SystemLeveraging blockchain technology, DP is a decentralized platform designed to secure, verify, andmonetize data shared across social media. In an era where data breaches and privacy violationsare rampant, DP empowers users to regain control over their digital lives.Key Features and Scope:Data Ownership and Control:DP’s innovative use of blockchain technology ensures that users retain ownership of their data.Through decentralized storage and smart contracts, individuals dictate who can access theirinformation and under what terms. This model dismantles the monopolistic control of centralized entities, putting data power back into the hands of its rightful…