Author: Mahamat Ashraf

Article written by Mahamat Ashraf

An AI bot turns $50K in Bitcoin in millions in just 4 days

October 23, 2024 3 mins read

Marc Andreessen and Ben Horowitz, the minds behind a16z, recently shared their astonishment over the meteoric rise of a meme coin called GOAT, which skyrocketed from near worthlessness to a staggering market value of $300 million in just four days. This phenomenon was largely fueled by an AI bot named Truth Terminal, created by a developer named Andy, who designed it to engage with the online community. The journey began

Bitwise chief investment officer Matt Hougan believes Bitcoin (BTC) will hit $100,000

October 21, 2024 1 min read

Matt Hougan, the chief investment officer at Bitwise, is sharing his insights on what could drive Bitcoin’s price to reach $100,000 and beyond. He believes that current macroeconomic trends and on-chain data indicate that Bitcoin is on the verge of significant price increases. Hougan points out that major central banks are implementing more relaxed monetary policies just as Bitcoin’s supply is decreasing due to this year’s halving event, which cut

Singaporean DBS bank to offer blockchain-powered banking services

October 20, 2024 1 min read

In a significant move for the cryptocurrency landscape, DBS Bank, based in Singapore, has announced the launch of blockchain-powered banking services tailored for institutional clients. This initiative comes at a time when the Asian market is increasingly engaging with crypto, while North America remains the largest global market for digital currencies. DBS is set to integrate blockchain technology into its operations, introducing features like tokenization and smart contracts. This innovative

Crypto trader uses 11 hidden wallets to conceal $24M in meme coins while promoting them

October 10, 2024 1 min read

In a striking exposé, crypto investigator ZachXBT has unveiled the deceptive practices of Murad Mahmudov, a prominent figure in the meme coin trading scene. Utilizing 11 different wallets, Murad allegedly concealed nearly $24 million in meme coin investments while promoting these tokens to his followers. His strategy involved inflating the value of coins like SPX, which skyrocketed by 61 times, thanks to his own endorsements. ZachXBT’s research revealed that between

Digital asset firm Canary Capital files for spot XRP ETF with the U.S. SEC

October 9, 2024 1 min read

Canary Capital, a digital asset investment firm, has made waves by filing for a spot XRP ETF with the U.S. Securities and Exchange Commission (SEC), following closely on the heels of Bitwise’s similar move. This filing comes amid the ongoing legal tussle between Ripple Labs and the SEC over XRP’s classification, highlighting a growing interest in cryptocurrencies beyond the traditional giants like Bitcoin and Ethereum. Founder Steven McClurg emphasized that

Coinbase to delist all unauthorized stablecoins by year-end to comply with EU’s new MICA regulations

October 5, 2024 1 min read

Coinbase has announced its intention to delist all unauthorized stablecoins from its platform by the end of the year in response to the new Markets in Crypto-Assets Regulation (MiCA) requirements set by the European Union. This regulation aims to enhance the integrity of the cryptocurrency market, ensure financial stability, and educate consumers about digital currency risks. Under MiCA, stablecoin issuers must obtain electronic money authorization in at least one EU

The SEC has just days left to decide if it will appeal the Ripple case ruling

October 1, 2024 1 min read

The Ripple case is heating up as the SEC’s deadline to appeal approaches on October 7, 2024. Pro-XRP attorney Fred Rispoli believes there’s a strong chance the SEC will challenge the recent ruling that favored Ripple, which could limit the classification of XRP sales as securities. Rispoli estimates a 60/40 split in favor of an appeal, emphasizing the high stakes involved for the SEC. Legal experts, including John Deaton and

PayPal now allows US business accounts to buy, sell, and store crypto

September 26, 2024 1 min read

PayPal is stepping up its game in the crypto world! As of September 25, US business accounts can now buy, sell, and store cryptocurrencies directly, making it easier for merchants to use digital assets in their operations. However, New York merchants are left out due to regulations. This move is part of PayPal’s mission to help both individuals and businesses manage cryptocurrencies. With this new feature, merchants can handle cross-border

Solana Price Movement Signals Potential Popcat Bull Run But Lunex Coin is Already On Fire. Here’s Why?

September 26, 2024 3 mins read

Solana’s price is showing signs of a possible rise, and many are excited about a potential bull run. But while Solana (SOL) gears up, Lunex (LNEX) is already going strong. With a unique non-custodial exchange and over 50,000 multi-chain pairs, Lunex (LNEX) is attracting attention from investors looking for more than quick gains. It’s turning heads while others, like Popcat (POPCAT), are just warming up. So, why are so many

Imagine If Binance Cost Less Than a Dollar Offered 7,000 Games and Shared Its Revenue Amongst It’s Community

September 25, 2024 3 mins read

BNB might have soared past $600 in the last few days, but its community sentiment is still bearish. Meanwhile, Rollblock ($RBLK) is seeing a huge influx of new investors as the viral GambleFi project only has 10% of tokens left for sale in stage 6 of its presale. BNB (BNB) Faces Market Volatility and Mixed Community Sentiment BNB’s price action turned bullish right after the US Federal Reserve announced an

Shiba Inu’s burn rate surges by 700%, removing 15 million SHIB tokens from circulation

September 24, 2024 1 min read

Shiba Inu has witnessed a 700% surge in its burn rate, accompanied by optimistic remarks from Shytoshi Kusama during the Token2049 event in Singapore. The SHIB token initially experienced an increase above 9%, but is presently trading with a 0.18% decline during the past 24 hours. The recent increase in burn rate has eliminated 15 million SHIB tokens from circulation, prompting the market to expect additional gains. A majority of

Top 4 Budget-Friendly Cryptos Under $0.25 Poised to Break Out in the Next Bull Cycle!

September 22, 2024 4 mins read

In the ever-evolving landscape of cryptocurrency, investors are always on the lookout for the next big opportunity that can deliver massive gains. While Bitcoin (BTC) remains the cornerstone of many portfolios, savvy investors know that the real potential for outsized returns often lies in the altcoin market. With the 2024 bull run on the horizon, those who bet big on Ethereum are now setting their sights on a new contender