Finance

By Reich
December 15, 2023
Artificial Intellegence (AI), Cryptocurrencies, Digital Coin, Finance, Tech

Grok AI Bot, A DeFi Researcher’s Perspective on its Crypto Analysis Abilities

The recently introduced Grok AI bot integrated into X (formerly Twitter) has garnered attention for its potential in crypto research, but a DeFi analyst, known as @DefiIgnas, emphasizes that the tool is not flawless yet.

By Reich
December 10, 2023
Cryptocurrencies, Digital Coin, Finance, Tech

MicroStrategy’s (MSTR) Unprecedented Surge: Outperforming Major Assets Including Bitcoin (BTC)

MicroStrategy's strategic adoption of Bitcoin (BTC) has proven to be a remarkable success, with the company's shares (MSTR) reaching unprecedented heights. Since embracing the Bitcoin strategy on August 10, 2020, MicroStrategy's shares have outperformed key financial assets, including the S&P 500, Nasdaq, Gold, Silver, bonds, and even Bitcoin.

By Reich
December 8, 2023
Cryptocurrencies, Digital Coin, Finance, Tech

Record-Breaking Sale: Bitcoin Ordinals Inscription Fetches $450,000 in Largest Transaction Ever

The Bitcoin community is buzzing with excitement as the largest Ordinals inscription sale to date has taken place, signaling a resurgence of digital artifacts on the leading blockchain network.

By Reich
December 5, 2023
Cryptocurrencies, Digital Coin, Finance, Tech

November Marks NFT Market Resurgence with Tripled Sales Volume

November witnessed a remarkable revival in the Non-fungible Token (NFT) market, with sales volume surging nearly threefold from October, reaching an impressive $915 million. This resurgence, the highest monthly figure since March 2023, comes after months of declining NFT sales.

By Reich
December 4, 2023
Cryptocurrencies, Digital Coin, Finance, Tech

Bitcoin Surges Past $41K, Triggering $190 Million in Derivatives Liquidations

Bitcoin's recent surge has propelled its price above $41,000, marking a level not seen in approximately 18 months since April 2022. This upward movement has not only created excitement but has also resulted in significant repercussions for the derivatives markets.

By Reich
December 2, 2023
Cryptocurrencies, Digital Coin, Finance, Tech

Bitcoin Gains Traction: Highest Profitability in Two Years and 50% Drop in Network Fees

In the past week, Bitcoin has seized considerable attention, marking a 2.58% increase, as reported by CoinMarketCap. Over this period, the leading cryptocurrency transitioned from trading around $37,800 to nearly breaching the $39,000 threshold.

By Reich
December 1, 2023
Cryptocurrencies, Digital Coin, Finance, Tech

IntoTheBlock Analysis Reveals 65% of ADA Holders in Losses Despite Recent Market Rally

On-chain analytics firm IntoTheBlock has reported that, despite the recent market rally, a substantial 65% of ADA holders find themselves in a loss, a figure notably lower than other major protocols.

By Reich
November 23, 2023
Digital Coin, Finance, Tech

Netflix Sci-Fi Director Allegedly Invests Show Budget in Dogecoin, Seeks $14 Million from Streaming Giant

Carl Erik Rinsch, the director behind Netflix's forthcoming sci-fi series "Conquest," reportedly diverted $4 million from the show's budget to invest in Dogecoin (DOGE), resulting in an impressive profit of $27 million. Recent reports from The New York Times indicate that Rinsch is now pursuing an additional $14 million from Netflix through a confidential arbitration proceeding.

By Reich
November 23, 2023
Cryptocurrencies, Digital Coin, Finance, Tech

Elon Musk Sparks Meme Coin Fiesta, Crypto Community Reacts to the Meta Metameme

Although Musk's tweet doesn't explicitly attribute the message to anyone, community members have connected it to Meta Platforms Inc., the parent company of Facebook, leading to various memes contributing to the conversation.

By Reich
November 23, 2023
Cryptocurrencies, Digital Coin, Finance, Tech

Binance’s $4.3 Billion Settlement Triggers Bullish Trends, Spotlight on Bitcoin and Anticipation for Spot ETFs

Market experts are seeing the recent settlement between Binance and the US government as a bullish development for Bitcoin and the entire altcoin industry, heightening expectations for spot ETFs in the near future.