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In brief The price of ETH has dropped by 4.4% in 24 hours, outpacing the wider crypto market decline. SharpLink and other firms have boosted their ETH treasury holdings. The market lift was offset by an exit queue of over 1 million ETH set to be withdrawn from staking, and ongoing network congestion. Ethereum’s price...
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Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have…
In brief Pudgy Penguins and Mythical Games collaborated to develop Pudgy Party, a new Web3 mobile game. The game falls in the party genre, offering fast-paced mini-games for players similar to Fall Guys or Stumble Guys. Pudgy Penguins CEO Luca Netz has high expectations, aiming for tens of millions of downloads. Ethereum NFT brand Pudgy...
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Mukesh Ambani, India’s richest man and chairman of Reliance Industries, has unveiled an ambitious plan to build the country’s AI backbone through a new subsidiary — starting with strategic partnerships with Google Cloud and Meta. At the company’s 48th annual general meeting on Friday, Ambani launched a new venture called Reliance Intelligence, a subsidiary of Reliance Industries. The new venture aims to create a national-scale AI infrastructure, including enterprise tools and services for a variety of sectors. The move comes as India looks to catch up in the global AI race long dominated by the U.S. and China. “Reliance Intelligence…
Bitcoin is currently consolidating within a narrow range, trading below the $115,000 level while holding key support above $110,000. This consolidation reflects the ongoing tug-of-war between bulls and bears, as volatility continues to push the market in both directions. Despite the temporary stability, recent price action shows that selling pressure has gained a slight edge, leaving traders cautious about the next major move. Related Reading Top analyst Darkfost has highlighted an important on-chain development that adds context to this phase. According to his data, the percentage of Bitcoin supply in profit has now reached a historically critical threshold. This metric,…
As the Trump administration considers rescheduling marijuana, Congressional Democrats have filed a bill to federally legalize cannabis by descheduling it altogether. In addition to removing the drug from the Controlled Substances Act (CSA), the new legislation also contains a variety of provisions meant to promote equity and address the collateral consequences of prohibition. On Friday,...
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President Donald Trump’s recent comments on cannabis rescheduling landed as the top trending storyline that Cannabis Business Times’ readers did not want to miss out on this month.Nearly seven months after his inauguration, Trump broke his silence on the cannabis reform topic during a White House press conference on Aug. 11, when he told reporters...
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Crypto analyst Egrag Crypto has raised the possibility of the XRP price rallying to $200. This followed his analysis using the regression model, which showed that the altcoin could record a 5,600% rally to this price target. How The XRP Price Could Rally 5,600% To $200 In an X post, Egrag Crypto predicted that the XRP price could rally to $200 if it were to overshoot the linear regression line. He alluded to the monthly timeframe, which reflected the analysis of hits, misses, and overshoots using linear regression on a log scale. The analyst then noted that the analysis is…
In brief A hacking syndicate allegedly stole $28.1 million (₩39 billion) from financial and crypto accounts of 258 wealthy Koreans, including celebrities and top business executives. The largest single crypto theft reached $15.4 million (₩21.3 billion), though authorities haven’t specified what portion of the total losses was in crypto. The case exposes systematic vulnerabilities in...
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The crypto market is paying close attention after one of the most famous early Bitcoin voices shared a bold view on XRP. Davinci Jeremie, who gained notoriety for advising people to buy Bitcoin at just $1 back in 2013, has now issued a strong forecast for XRP, noting that the token’s chart displays a healthy structure and a bullish pattern. Davinci Jeremie Maps XRP Price Path To $4.93 With Fibonacci Levels In his detailed breakdown, Jeremie focused on XRP’s recent movements and the structure forming on its chart. He pointed to a clear W-shaped pattern as a bullish signal. According…