Coinbase stock jumps 15% on strong Q1 results: sell into strength?
Coinbase reports market-beating results for its fiscal Q1. Analysts are still keeping bearish on the Coinbase stock. Coinbase shares are now up roughly 70% year-to-date....
AI’s black box problem: Challenges and solutions for a transparent future
Artificial intelligence (AI) has created a furor recently with its possibility to revolutionize how people approach and solve different tasks and complex problems. From healthcare...
China’s crypto stance unchanged by moves in Hong Kong, says exec
Despite Hong Kong steadily progressing with cryptocurrency adoption, mainland China has not changed its anti-crypto stance in terms of local regulations.Some Chinese state-affiliated banks have...
Here is why Floki Inu’s price surged by over 50% today
Key takeaways FLOKI is the best performer amongst the top 100 cryptocurrencies by market cap today. The token has added more than 50% to its...
SUI price drops 70% from market debut top amid excessive supply concerns
The price of Sui (SUI) has dropped sharply after its market debut across leading cryptocurrency exchanges.On May 5, the SUI price was $1.26 per token,...
Kenya proposes 3% tax on cryptocurrency transfers
Kenya’s Treasury Secretary outlined the tax proposals in a document sent to parliament on 4 May, 2023. The 3% crypto tax will target cryptocurrencies and...
White House to build international standards for DLT
In the United States, the White House released the national standards strategy for key and emerging technologies on May 4, identifying eight technology sectors that...
Zimbabwe sets price to sell gold-backed digital tokens
Zimbabwe’s central bank has set a price for its gold-backed digital tokens. The country is planning to sell its gold-backed digital currency to investors starting...
Bitcoin price sets new May high above $29.5K as traders eye breakout
Bitcoin (BTC) eyed a reclaim of further lost ground on May 5 as $30,000 remained in play. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price action...
US vice president gathers top tech CEOs to discuss dangers of AI
The United States vice president and President Biden’s top advisors have held a meeting with several AI industry CEOs to discuss “concerns about the risks...