Reddit’s stock surged by 13.5% following the announcement of a data-sharing agreement with OpenAI, the creator of the AI chatbot ChatGPT. This partnership allows OpenAI to access Reddit’s data API in order to provide real-time content from platform posts. The goal of this collaboration is to enhance the Reddit experience with AI-powered features and create
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The global cryptocurrency market capitalization has seen a slight dip of 0.6% over the past 24 hours, currently standing at $2.49 trillion. While many of the top 100 coins per market cap experienced price drops during this period, there were a few notable exceptions. Stacks (STX) recorded a significant decrease of 9% to $1.97, while
Recently, France’s Autorité des Marchés Financiers (AMF) issued a warning to French crypto investors regarding Bybit, stating that the platform is not registered in the country. The AMF urged retail investors to exercise caution when considering investment proposals from Bybit, emphasizing that the platform is not authorized to provide its services in France. This warning
The Shiba Inu ecosystem recently made a significant milestone by transitioning its decentralized exchange, ShibaSwap, to the Shibarium blockchain. This move has brought about a plethora of new features and enhancements, one of which includes improved SHIB burns. This transition has elevated ShibaSwap from a simple exchange platform to a multifaceted, multi-chain decentralized exchange operating
The recent post-halving world of Bitcoin has seen a significant drop in computational power, with hashrate plummeting by 20% in recent weeks. This unexpected decline has sparked a debate among analysts, with some attributing it to a possible fire sale, while others caution against jumping to conclusions. Typically, after a halving event, hashrate increases as
Wall Street Pepe recently experienced a dramatic rise in its price, fueled by the return of Roaring Kitty. However, in a significant turn of events, the price has now crashed, leaving many investors reeling. As of the latest update, Wall Street Pepe is trading at a market price of $0.0001315, reflecting a staggering 24-hour change
XRP price is currently trying to break above the resistance level of $0.5050. This could potentially lead to a bullish momentum if the price manages to surpass the $0.520 resistance. The recent price movement indicates that XRP is eyeing a steady move above the $0.520 level, which could signal a positive trend for the cryptocurrency.
Recently, Ethereum price saw a recovery wave that pushed it above the $2,920 resistance level. This was certainly a positive development for ETH, especially as it climbed above $3,000. However, it seems that Ethereum is trailing behind Bitcoin and may face challenges in surpassing the $3,050 resistance. Technical Analysis Looking at the hourly chart of
The world of cryptocurrency and blockchain technology has undoubtedly revolutionized the way we think about finance and investment. However, with the rise of this new digital frontier, there has also been an increase in fraudulent activities and scams. In a recent high-profile case in South Korea, two police officers are currently standing trial for alleged
Bitcoin’s price has surged by nearly 8%, breaking through several significant hurdles in the process. Currently, BTC is in a consolidation phase and may experience a correction in the short term, potentially dropping towards the $65,000 mark. The cryptocurrency initially saw a strong uptrend, surpassing the $63,500 resistance level and maintaining a position above $65,000