BUSINESS
Latest cryptocurrency news and articles about business. Stay updated with developments, analysis, and insights.
Solana Looks Explosive: Cup And Handle Formation Teases Rally To $425 Target
Solana (SOL) is flashing a powerful bullish setup as it forms a classic cup and handle pattern on the monthly chart. With the 1.618 Fibonacci target sitting near $425 and the monthly MACD gearing up f...
OpenAI’s Sora reaches 1m downloads outpacing ChatPGT
OpenAI’s video generating app, Sora surged to one million downloads in under five days after its launch, surpassing the initial milestone achieved by its predecessor, ChatGPT, according to company sta...
AI compute demand growing 2x faster than Moore’s Law, with $500 billion a year now needed
AI’s appetite for compute is growing so fast that it’s left Moore’s Law choking in the dust. Over the past decade, the demand for processing power has been expanding at more than double the pace the c...
Ethereum Price Prediction: Major ‘Fusaka Upgrade’ Just Weeks Away – $10,000 ETH is Coming
The upcoming Fusaka upgrade could be the spark Ethereum needs to reach $10,000, fueling a highly bullish Ethereum price prediction . Set to roll out after Pectra, Fusaka will focus on reducing transac...
Google's Eric Schmidt warns AI could be hacked and eventually learn to kill
Eric Schmidt, the man who was Google’s chief executive from 2001 to 2011, warned during a fireside chat at the Sifted Summit that AI models are not just becoming too powerful but dangerously easy to h...
Bitcoin Needs Only A Minor Push To Reach $175K: Analyst
Bitcoin traded just above $121,000 on Wednesday, holding onto gains after a drop from a recent peak above $126,000. According to analyst Egrag Crypto, a small market move could trigger a much larger r...
OpenAI says Google, Microsoft, and Apple are locking in customers and blocking fair AI competition
OpenAI has gone straight to European Union regulators to report what it sees as serious anti-competitive behavior by Google, Microsoft, and Apple. According to official notes from a September 24 meeti...
From Raid to Rich List – Polymarket Founder Shayne Caplan Becomes The Youngest Self-Made Billionaire
27-year-old Polymarket founder Shayne Coplan has officially become the youngest self-made billionaire, a new report from Bloomberg claims. Polymarket Founder Lands Self-Made Billionaire Status The rep...
JPMorgan Says Solana ETFs Could Struggle to Match Investor Inflows Seen by Bitcoin, Ethereum Funds
Solana ETFs are unlikely to match Bitcoin and Ethereum ETF demand, JPMorgan analysts say, citing investor fatigue, stronger investor perception of Ethereum, and competing crypto-treasury allocations; ...
UK Glazier Sentenced After Using Second Bounce Back Loan, Allegedly Spending Funds on Bitcoin and Gambling
Bounce Back loan fraud occurs when a business or individual illegally secures multiple Covid-era Bounce Back loans or diverts loan funds for personal use, such as gambling or crypto. Haralambos...
English Man Gets Prison Time After Spending Covid Loan on Crypto and Gambling
Haralambos Ioannou of Edlesborough was sentenced to 22 months in prison for illegally obtaining a second business relief loan—and spending the funds on crypto....
Solana Spot ETF May Be Coming Soon: Grayscale Submits a Hot Application
Digital asset investment giant Grayscale Investments has filed an updated S-1 filing for its Spot Solana ETF with the U.S. Securities and Exchange Commission (SEC). The filing states that the ETF's ma...
