Coinspeaker

2023-04-07 18:52:33 Dogecoin price has declined approximately 7.89 percent during the past 24 hours to trade around $0.085 during the early Asian trading session on Friday.

An unreleased recording of the late English singer-songwriter, David Bowie, is set to debut as a music NFT. Gala Music has teamed up with music producer Larry Dvoskin and publisher Warner-Chappell Music to facilitate the launch.

US job growth amounted to 236,000 for March amid slowing signs in the labor market. The figure puts the Labor Department’s Friday payroll growth report close to the Dow Jones estimate of 238,000 for March.

On Thursday, April 6, NFT marketplace Magic Eden said that it would be rolling out the creators’ launchpad for Ordinals. Thus, it will help creators to successfully inscribe their Bitcoin-based NFT collections.

Alibaba Cloud, one of the major subsidiaries of Chinese multinational tech giant Alibaba Group Holdings Ltd, is reportedly set to launch its own ChatGPT rival in what has become a major frenzy in today’s tech world. Open / Comment

2023-04-05 18:13:32 Ethereum has joined Bitcoin to lead the rally in the digital currency ecosystem today as key stakeholders and investors are religiously awaiting the upcoming Shapella Upgrade.

Almost a year after crypto hedge fund Three Arrows Capital filed for Chapter 11 bankruptcy, its founders launched a new crypto exchange OPNX. They made the announcement, that the OPNX exchange is now available for business.

POG Digital, an authentic 90’s game and collectibles brand, is set to launch on the largest DeFi ecosystem, Ethereum, after a successful debut on the Solana ecosystem last year.

MicroStrategy has continued amassing more Bitcoin and has purchased an additional 1,045 BTC. The business intelligence firm announced it spent $29.3 million on the recent purchase, at an average of $28,016 per Bitcoin.

The total market capitalization of tokenized gold has surpassed $1 billion. The rise in gold prices has been attributed to mounting speculation about the United States Federal Reserve’s future policy following the release of jobs data. Open / Comment

2023-04-04 22:08:13 Satellite launcher and space technology company Virgin Orbit has filed for Chapter 11 bankruptcy in the United States bringing a solemn end to its months of financial instability.

KuCoin Wallet is expanding from being a simple Web 3.0 wallet to what can serve on a SocialFi scale. The rebranding which takes immediate effect will see KuCoin Wallet take up a new name – Halo Wallet.

The largest and oldest meme coin Dogecoin had all of its metrics surging on Monday after tech billionaire and Tesla CEO Elon Musk changed Twitter Inc’s blue bird logo to a dog-themed image.

Ethereum’s price rallied to a 24-hour high of around $1,886, up over 3 percent during the day. With over $30 billion staked in the Ethereum ecosystem, the DeFi ecosystem is currently focused on the upcoming Shanghai Upgrade.

Three Canadian crypto exchanges – WonderFi, Coinsquare and CoinSmart – announced their plan for a merger thereby creating the country’s largest regulated crypto trading platform. Open / Comment

2023-04-03 19:39:42 The recent bank runs of American banks as recorded in March have fueled a massive pulldown on the liquidity base of Bitcoin. The drained liquidity in the market has hit a 10-month low despite the bullish price outlook of Bitcoin since the start of the year.

Last year in 2022, TikTok parent ByteDance reported a strong 30% surge in its revenue crossing $80 billion in sales and matching other tech giants like Tencent.

Some members of the Organization of Petroleum Exporting Countries (OPEC) and its allies have decided to cut oil production rates beginning in May 2023. As reported, the rate cut will last until the end of the year.

The OKX cryptocurrency exchange in partnership with Rúben Dias, a Portuguese professional footballer who plays for Premier League club Manchester City, has announced the launch of an immersive metaverse fan experience dubbed Train Like Dias. Open / Comment

2023-03-31 18:41:39 Aircraft engineering company Virgin Orbit Holdings Inc has revealed plans to halt operations after failing to secure a funding lifeline as expected.

Disgraced former FTX CEO Sam Bankman-Fried recently pled not guilty to five additional federal fraud and bribery charges. SBF appeared in a New York federal court on Thursday to plead not guilty to the latest charges related to FTX’s collapse.

US President Joe Biden has called for stricter banking regulations in the aftermath of the Silicon Valley Bank-triggered crisis. Biden implored federal regulators to devise concrete means to protect the country’s banking system.

Brian Armstrong, the CEO of American publicly traded crypto exchange Coinbase Global Inc has come out to kick against the call to stop the development of ChatGPT, the chatbot developed by OpenAI.

The European arm of FTX, FTX EU, has just opened a new website where customers in Europe may lay claims to their lost funds. The move, which is meant to give relief to customers, comes four months after the large-scale collapse of the FTX exchange in November. Open / Comment

2023-03-29 20:06:25 Investment banking company UBS has named former UBS Group CEO Sergio Ermotti as the new CEO to oversee the Credit Suisse takeover. It is said that the new CEO is equipped as the “best pilot” to navigate the current business challenges.

Tech giant Apple has announced its Pay Later service, enabling users to split their purchases into four payments. The company introduced the service in the US with no additional interest or fees.

Bitcoin price has surpassed the $28,000 level, marking an increase of 5.70% over the past 24 hours. Interestingly, this comes as most other altcoins appear to be trading flat in the same period.

The shares of Chinese multinational e-commerce and tech giant Alibaba Group Holding Ltd are trading at a very high growth rate today as the company said it is restructuring its business into 6 different independent divisions.

The European Banking Federation has published a paper where it shared its views of the digital euro as well as that of the European digital money ecosystem at large. Open / Comment

2023-03-28 18:41:08 Chinese e-commerce giant Alibaba has confirmed plans to split into smaller groups to allow each one pursue independent IPO.

Like many other companies reducing headcounts, mass media company The Walt Disney Company has started dismissing employees. This follows CEO Bob Iger’s announcement in February to lay off 7,000 workers as the company restructures.

Chinese internet company Baidu has unveiled its AI chatbot called Ernie Bot. Baidu explained that its Ernie Bot could generate images, texts, audio, and video from given text prompts.

Bitcoin and Ethereum drop as US financial regulators Intensifies crackdown on crypto projects. The regulatory crackdown was highly anticipated based on the recent White House report to Congress, which called crypto volatile for investment.

As per a legal court filing, some parts of Twitter’s source code have been leaked as Elon Musk‘s Twitter is now seeking information about the responsible person. Open / Comment

2023-03-27 19:55:36 Gucci is gradually shifting its focus to the Web3 space with the announcement of a multi-year collaboration with Yuga Labs, a Web3 firm heading several famous NFT collections like Bored Ape Yacht Club.

Fujitsu has made an emphatic move to deepen its foothold in the crypto ecosystem. Recent patent filed by the company with the United States Patent and Trademark Office shows it has plans to start offering crypto custody services.

Elon Musk has reportedly halved the valuation of social media giant Twitter in a new employee internal memo. According to the outspoken Tesla CEO, Twitter’s staff will receive stock grants based on a $20 billion valuation.

Crypto exchange Coinbase has been working on some key projects and one of them includes inflation-pegged flatcoins to be built over its recently launched Layer-2 network Base. Open / Comment

2023-03-24 21:43:40 It seems that the crypto market has finally decided to look past the traditional market and chart its own trajectory. Thursday’s price pump in crypto comes following a rally in US equities as markets choose to look beyond the Fed rate hikes.

One of the most famous Artificial Intelligence-powered chatbots ChatGPT has been updated with a new feature that allows it to access information from online sources and communicate with third-party websites through new plugins.

Cinema stocks climbed Thursday following reports that Apple plans to spend $1 billion yearly on theatrical film releases. This investment is part of the tech giant’s efforts to increase its visibility in Hollywood and attract subscribers to its Apple TV+ streaming business.

Payments and shopping service Klarna may be the latest company to partner with OpenAI to use ChatGPT. The ChatGPT Plugin has now been integrated and will serve as a personal shopping assistant to Klarna users, ushering in a new era of personalized shopping experience. Open / Comment

2023-03-22 21:17:58 The US Federal Reserve through the Open Market Committee has increased its interest rate by 25 basis points. The rate hike was as expected and it was implemented despite the recent bank failures that have caused a crisis of confidence in the financial sector. Open / Comment