Dogecoin saw a notable price recovery with over 7% rise in 24 hours. A major investor sold approximately 200 million DOGE worth $30.86 million. Continue Reading: Dogecoin Whale Sells $30.86 Million Worth of DOGE
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Mistral AI Raises €600M, Triples Valuation to $6 Billion in Less Than 6 Months
Crypto markets are experiencing a resurgence as new projects attract significant investments. Funding rounds have reached unprecedented levels, indicating strong investor confidence. “This marks a new era for cryptocurrency innovation,” said a prominent crypto analyst. Discover the latest developments in the crypto industry with our comprehensive analysis. Learn about the key players and trends driving
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Thailand revokes Zipmex’s crypto license due to consistent regulatory failures
Thailand’s Securities and Exchange Commission (SEC) has revoked Zipmex’s operating license after the crypto firm failed to meet regulatory requirements. According to local media, the cancellation, effective May 28, follows concerns over the firm’s financial “health” and its management structure, which could potentially cause harm to customers. Also read: Thailand’s SEC moves to withdraw license
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OpenAI Expands Using Microsoft’s Azure AI and Oracle’s OCI Partnership
The technology landscape is evolving dramatically, with Oracle, Microsoft, and OpenAI leading the charge in AI innovation. This latest partnership aims to enhance Microsoft’s Azure AI capabilities by leveraging Oracle Cloud Infrastructure (OCI). “This collaboration will significantly expand our computational resources, driving unprecedented growth in AI capabilities,” said Sam Altman, CEO of OpenAI. Discover how
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Binance Labs Invests in Zircuit for AI-Enhanced Layer-2 Blockchain Security
The venture capital branch of the world’s largest cryptocurrency exchange is pushing forward with AI and blockchain integration in its latest endeavor. Binance Labs recently announced an investment in Zircuit, a new Layer-2 network that employs AI-driven “sequencer level” security. Zircuit’s unique architecture blends rollup infrastructure with zero-knowledge proofs, aiming to deliver faster, cost-effective, and
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Bitcoin Whales Open Massive Long Positions at $69,000 Amid Bullish Liquidity Trends
Whales, or major Bitcoin investors, have recently begun taking substantial long positions on Bitcoin, particularly on popular exchanges like Bybit and HTX around the $69,000 mark. The significance of these large long positions is reminiscent of similar patterns observed in August 2023, which preceded a steep ascent in Bitcoin’s price from approximately $25,000 to over
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Peter Schiff Warns Bitcoin ETFs No Savior for Market Stability
Presiding over turbulent markets, Peter Schiff, the well-known gold proponent, shared his doubts on the social media platform X about institutional exchange-traded funds (ETFs) and their potential effect on the stability of Bitcoin. According to Schiff, many investors regard ETFs as stabilizers of the market, and they may be wrong as these products can result The post Peter Schiff Warns Bitcoin ETFs No Savior for Market Stability appeared first on CoinGape .
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Bitcoin Whales Open Massive Long Positions at $69,000 per BTC on Bybit and HTX
Major Bitcoin investors, colloquially known as whales, have recently opened massive long positions on the flagship cryptocurrency via popular cryptocurrency exchanges Bybit and HTX at around $69,000. That’s according to Ki Young Ju, CEO of cryptocurrency analytics firm CryptoQuant, who pointed out that these massive long positions are interesting in light of similar activity seen
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Solana (SOL) Faces Critical Support Levels Amid Market Uncertainty
Recent movements in the altcoin market have sparked significant interest among investors. Particular focus is on developments surrounding Solana (SOL) and Chiliz (CHZ). There are critical levels to note for the future of these cryptocurrencies. Explore the latest trends in the altcoin market as we delve into key support levels for Solana and Chiliz, and
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