Robinhood Stock Rallies 12% As EU Wing Announces USDC Listing
CoinGape (RSS)
Robinhood’s Europe wing has listed USD Coin (USDC) on its platform recently, expanding its offerings to over 25 cryptocurrencies. In addition, the crypto exchange has rolled out a program for USDC holders that can help them earn up to 10% rewards. Moreover, the Robinhood stock rallied nearly 12% in the pre-market session today.
Robinhood EU Offers USDC Rewards
In a March 14 post on X, the Robinhood EU wing announced the listing of USDC stablecoin, marking a significant achievement after Europe expansion in late 2023. In addition, the crypto exchange promoted the reward program, stating, “Check out our latest limited-time offer and earn up to 10% in rewards on the USDC you hold natively in the Robinhood Crypto app.”
The reward program will provide incentives to Robinhood users who hold USDC from March 1 to June 15. T...
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CoinGape (RSS)
Robinhood’s Europe wing has listed USD Coin (USDC) on its platform recently, expanding its offerings to over 25 cryptocurrencies. In addition, the crypto exchange has rolled out a program for USDC holders that can help them earn up to 10% rewards. Moreover, the Robinhood stock rallied nearly 12% in the pre-market session today.
Robinhood EU Offers USDC Rewards
In a March 14 post on X, the Robinhood EU wing announced the listing of USDC stablecoin, marking a significant achievement after Europe expansion in late 2023. In addition, the crypto exchange promoted the reward program, stating, “Check out our latest limited-time offer and earn up to 10% in rewards on the USDC you hold natively in the Robinhood Crypto app.”
The reward program will provide incentives to Robinhood users who hold USDC from March 1 to June 15. T...
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Solana (SOL) Price Tops $170: Key Reasons Fueling Rally
CoinGape (RSS)
In a significant gust of developments witnessed across the cryptocurrency landscape recently, Solana’s price’s topping of the $170 mark appears to be gaining considerable traction among crypto market enthusiasts across the globe. Coming in tandem with the beginning of an exciting crypto market bull run observed recently, Solana mirrored immense optimism across the broader crypto market today, with a nearly 10% upswing noted over the 24 hours.
With the community’s recent advancements and on-chain metrics further weighing in, SOL continues to create bullish ripples across the vast sea of crypto.
Key Reasons Why SOL Took A Bullish Stage Are:
Burgeoning Whale Activity
Insights unveiled by the blockchain tracker Whale Alert pointed out substantial whale activity orbiting SOL over the past few days. This spike in on-chain whale activity came riding a bullish wa...
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CoinGape (RSS)
In a significant gust of developments witnessed across the cryptocurrency landscape recently, Solana’s price’s topping of the $170 mark appears to be gaining considerable traction among crypto market enthusiasts across the globe. Coming in tandem with the beginning of an exciting crypto market bull run observed recently, Solana mirrored immense optimism across the broader crypto market today, with a nearly 10% upswing noted over the 24 hours.
With the community’s recent advancements and on-chain metrics further weighing in, SOL continues to create bullish ripples across the vast sea of crypto.
Key Reasons Why SOL Took A Bullish Stage Are:
Burgeoning Whale Activity
Insights unveiled by the blockchain tracker Whale Alert pointed out substantial whale activity orbiting SOL over the past few days. This spike in on-chain whale activity came riding a bullish wa...
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Pepe Coin Whale Dumps 500B PEPE On Binance Amid Meme Coin Buzz
CoinGape (RSS)
Amid the growing optimism in the meme coin sector, Pepe Coin has emerged as a notable player in the crypto market today, March 14. With its price skyrocketing by almost 16%, investors are exhibiting robust confidence in this frog-themed meme coin.
However, despite the rally in PEPE price as well as in the broader meme coin space, some investors are utilizing it as a profit-booking opportunity. Recently, one such event has caught the attention of analysts and traders alike, as a major Pepe Coin holder has likely decided to cash in on their holdings.
Pepe Coin Whale Dumps 500 Billion PEPE
The meme coin sector has been buzzing with excitement, but recent actions by a notable meme coin whale have shifted the narrative. Spot On Chain, a renowned on-chain analytics firm, disclosed a significant move by a wh...
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CoinGape (RSS)
Amid the growing optimism in the meme coin sector, Pepe Coin has emerged as a notable player in the crypto market today, March 14. With its price skyrocketing by almost 16%, investors are exhibiting robust confidence in this frog-themed meme coin.
However, despite the rally in PEPE price as well as in the broader meme coin space, some investors are utilizing it as a profit-booking opportunity. Recently, one such event has caught the attention of analysts and traders alike, as a major Pepe Coin holder has likely decided to cash in on their holdings.
Pepe Coin Whale Dumps 500 Billion PEPE
The meme coin sector has been buzzing with excitement, but recent actions by a notable meme coin whale have shifted the narrative. Spot On Chain, a renowned on-chain analytics firm, disclosed a significant move by a wh...
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PEPE Price Hits ATH: Why is Pepe Coin Pumping Today?
CoinGape (RSS)
Pepe coin has surged alongside Bitcoin to reach new peaks today, surpassing Ethereum in performance. Bitcoin and Pepe coin hit all-time highs of $73,641 and $0.00001051 respectively. Meanwhile, Ethereum experienced a 1.70% decrease, trading just below $4,000. Pepe Coin’s value has increased by 65% in the last week and an impressive 892% in the past month. It continues to dominate the trending cryptocurrencies chart, showing no signs of slowing down. Let’s explore the reasons behind this ongoing momentum.
Market Performance of PEPE Price
Pepe Coin price has been volatile, ranging from a low of $0.000008423 to a high of $0.00001051, eventually settling at $0.00001055. This represents an increase of 18.74% over the past day. The frog-themed meme coin has witnessed a surge in ...
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CoinGape (RSS)
Pepe coin has surged alongside Bitcoin to reach new peaks today, surpassing Ethereum in performance. Bitcoin and Pepe coin hit all-time highs of $73,641 and $0.00001051 respectively. Meanwhile, Ethereum experienced a 1.70% decrease, trading just below $4,000. Pepe Coin’s value has increased by 65% in the last week and an impressive 892% in the past month. It continues to dominate the trending cryptocurrencies chart, showing no signs of slowing down. Let’s explore the reasons behind this ongoing momentum.
Market Performance of PEPE Price
Pepe Coin price has been volatile, ranging from a low of $0.000008423 to a high of $0.00001051, eventually settling at $0.00001055. This represents an increase of 18.74% over the past day. The frog-themed meme coin has witnessed a surge in ...
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Hong Kong Starts New Phase of CBDC Testing
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Phase 2 of the e-HKD pilot will be supported by the recently launched regulatory sandbox for testing wholesale CBDCs and tokenization, the Hong Kong Monetary Authority said.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Phase 2 of the e-HKD pilot will be supported by the recently launched regulatory sandbox for testing wholesale CBDCs and tokenization, the Hong Kong Monetary Authority said.
DeFi Borrower Behavior Key to Gauging Tokenization Risks: BIS Study
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The study was designed to look at the largely unexplored "intricacies" of user behavior and dynamics of decentralized finance lending, the authors said.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The study was designed to look at the largely unexplored "intricacies" of user behavior and dynamics of decentralized finance lending, the authors said.
Meme Coins Strongly Correlated to Network Growth: Franklin Templeton
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Meme coin markets have boomed in tandem with the growth of addresses on their underlying blockchains.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Meme coin markets have boomed in tandem with the growth of addresses on their underlying blockchains.
Polyhedra Network Closes $20M Round at $1B Valuation
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Federal Judge rules SEC lawsuit against Gemini and Genesis to proceed
Cryptopolitan (RSS)
A federal judge in New York, Edgardo Ramos, has dismissed motions by crypto firms Gemini and Genesis to terminate a lawsuit filed by the United States Securities and Exchange Commission (SEC), allowing the case to move forward.
The court’s decision, detailed in a 32-page order from March 13, stems from allegations that the Gemini Earn program offered and sold unregistered securities.
The SEC’s lawsuit, initiated in January 2023, argues that Gemini Earn, a product designed to generate yield on crypto assets, constitutes an investment contract under the Howey test, a legal standard used to determine if an arrangement qualifies as a security.
According to the SEC, Genesis did not segregate customer asset...
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Cryptopolitan (RSS)
A federal judge in New York, Edgardo Ramos, has dismissed motions by crypto firms Gemini and Genesis to terminate a lawsuit filed by the United States Securities and Exchange Commission (SEC), allowing the case to move forward.
The court’s decision, detailed in a 32-page order from March 13, stems from allegations that the Gemini Earn program offered and sold unregistered securities.
The SEC’s lawsuit, initiated in January 2023, argues that Gemini Earn, a product designed to generate yield on crypto assets, constitutes an investment contract under the Howey test, a legal standard used to determine if an arrangement qualifies as a security.
According to the SEC, Genesis did not segregate customer asset...
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China’s Position in the Generative AI Race: Assessing the Current Landscape
Cryptopolitan (RSS)
China in the realm of artificial intelligence (AI), OpenAI’s recent unveiling of Sora, a groundbreaking video creation software, has sent shockwaves through the industry.
This innovative technology, capable of generating minute-long videos with just a simple prompt, marks a significant leap forward in AI capabilities, surpassing its predecessors by a wide margin.
Sora’s impact on China’s AI landscape
Sora’s emergence has raised questions about China‘s position in the global AI race. Despite efforts by over 15 Chinese companies, including tech giants like Baidu, Alibaba, and Tencent, to develop AI video generators, Sora’s capabilities highlight a significant gap in technological advancement.
While Chinese companies have introduced their versions of AI video generators, they still lag behind Sora in term...
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Cryptopolitan (RSS)
China in the realm of artificial intelligence (AI), OpenAI’s recent unveiling of Sora, a groundbreaking video creation software, has sent shockwaves through the industry.
This innovative technology, capable of generating minute-long videos with just a simple prompt, marks a significant leap forward in AI capabilities, surpassing its predecessors by a wide margin.
Sora’s impact on China’s AI landscape
Sora’s emergence has raised questions about China‘s position in the global AI race. Despite efforts by over 15 Chinese companies, including tech giants like Baidu, Alibaba, and Tencent, to develop AI video generators, Sora’s capabilities highlight a significant gap in technological advancement.
While Chinese companies have introduced their versions of AI video generators, they still lag behind Sora in term...
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Cerebras’ WSE-3: A Game-Changer in AI Technology – What Makes It Stand Out?
Cryptopolitan (RSS)
Cerebras Systems has shattered barriers in artificial intelligence (AI) technology with the introduction of its groundbreaking Wafer Scale Engine 3 (WSE-3). This latest innovation boasts an extraordinary 4 trillion transistors, each a mere 5nm in size, propelling it to the forefront of AI chip design.
Positioned as the pinnacle of performance, the WSE-3 is purpose-built to accommodate AI models up to ten times larger than the industry-leading GPT-4 and Gemini.
The powerhouse behind Cerebras’ CS3 supercomputer
At the helm of this technological marvel is Andrew Feldman, CEO and co-founder of Cerebras Systems, who has spearheaded the company’s relentless pursuit of innovation over the past eight years.
Feldman expressed profound pride in the realization of the WSE-3, a feat once dismissed as a mere “pipe dream” by skeptics. He proclaimed the WSE-3 as the epitome of speed and efficiency, t...
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Cryptopolitan (RSS)
Cerebras Systems has shattered barriers in artificial intelligence (AI) technology with the introduction of its groundbreaking Wafer Scale Engine 3 (WSE-3). This latest innovation boasts an extraordinary 4 trillion transistors, each a mere 5nm in size, propelling it to the forefront of AI chip design.
Positioned as the pinnacle of performance, the WSE-3 is purpose-built to accommodate AI models up to ten times larger than the industry-leading GPT-4 and Gemini.
The powerhouse behind Cerebras’ CS3 supercomputer
At the helm of this technological marvel is Andrew Feldman, CEO and co-founder of Cerebras Systems, who has spearheaded the company’s relentless pursuit of innovation over the past eight years.
Feldman expressed profound pride in the realization of the WSE-3, a feat once dismissed as a mere “pipe dream” by skeptics. He proclaimed the WSE-3 as the epitome of speed and efficiency, t...
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Maximizing Business Potential: Generative AI Insights for CIOs
Cryptopolitan (RSS)
Chief Information Officers (CIOs) face a pivotal moment as they explore the integration of generative Artificial Intelligence (AI) into their business frameworks. As 2024 unfolds, generative AI promises a plethora of opportunities for businesses, from enhancing decision-making processes to revolutionizing customer interactions.
Key considerations and advancements for CIOs
With these opportunities come a host of considerations that demand meticulous attention from CIOs. This article delves into the key factors CIOs should contemplate when navigating the realm of generative AI, ensuring alignment with business objectives while maintaining data security and workforce preparedness.
Generative AI’s prowess in analyzing vast datasets surpasses human capability, offering critical insights for informed decision-making. It s...
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Cryptopolitan (RSS)
Chief Information Officers (CIOs) face a pivotal moment as they explore the integration of generative Artificial Intelligence (AI) into their business frameworks. As 2024 unfolds, generative AI promises a plethora of opportunities for businesses, from enhancing decision-making processes to revolutionizing customer interactions.
Key considerations and advancements for CIOs
With these opportunities come a host of considerations that demand meticulous attention from CIOs. This article delves into the key factors CIOs should contemplate when navigating the realm of generative AI, ensuring alignment with business objectives while maintaining data security and workforce preparedness.
Generative AI’s prowess in analyzing vast datasets surpasses human capability, offering critical insights for informed decision-making. It s...
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Ethereum’s Dencun upgrade slashes layer 2 transaction fees
Cryptopolitan (RSS)
Ethereum Layer 2 solutions have witnessed a significant reduction in transaction costs following the implementation of the Dencun upgrade. This upgrade introduced a new transaction type known as blobs, which have proven instrumental in slashing fees across various Layer 2 chains.
Impact of Ethereum Dencun upgrade on transaction fees
The integration of blobs has notably decreased transaction fees on major Layer 2 chains, bringing relief to Ethereum users. Chains like Optimism’s Base and OP Mainnet, as well as others such as zkSync and Starknet, have experienced substantial drops in median gas fees. For instance, median gas fees on Base plummeted from approximately $0.5 to a mere $0.0012 following the Dencun upgrade. Similarly, Starknet witnessed significant reductions in fees, with average swap fees dropping from o...
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Cryptopolitan (RSS)
Ethereum Layer 2 solutions have witnessed a significant reduction in transaction costs following the implementation of the Dencun upgrade. This upgrade introduced a new transaction type known as blobs, which have proven instrumental in slashing fees across various Layer 2 chains.
Impact of Ethereum Dencun upgrade on transaction fees
The integration of blobs has notably decreased transaction fees on major Layer 2 chains, bringing relief to Ethereum users. Chains like Optimism’s Base and OP Mainnet, as well as others such as zkSync and Starknet, have experienced substantial drops in median gas fees. For instance, median gas fees on Base plummeted from approximately $0.5 to a mere $0.0012 following the Dencun upgrade. Similarly, Starknet witnessed significant reductions in fees, with average swap fees dropping from o...
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Scaramucci questions Grayscale’s Bitcoin Trust plan
Cryptopolitan (RSS)
Renowned investment figure Anthony Scaramucci recently expressed skepticism towards Grayscale Investments’ plan to introduce a “mini bitcoin trust,” predicting potential delays and a smaller-than-anticipated transfer of assets from the Grayscale Bitcoin Trust (GBTC). Scaramucci emphasized his doubts about the timely execution and scale of the transition to the proposed Grayscale Bitcoin Mini Trust, stating firmly, “The train has left the station.” His remarks suggest a cautious outlook on the success of the initiative amid market uncertainties.
Grayscale’s strategic move: Filing for a Spot Bitcoin ETF
In response to concerns raised by Scaramucci and to maintain competitiveness in the cryptocurrency investment landscape, Grayscale Investments made a b...
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Cryptopolitan (RSS)
Renowned investment figure Anthony Scaramucci recently expressed skepticism towards Grayscale Investments’ plan to introduce a “mini bitcoin trust,” predicting potential delays and a smaller-than-anticipated transfer of assets from the Grayscale Bitcoin Trust (GBTC). Scaramucci emphasized his doubts about the timely execution and scale of the transition to the proposed Grayscale Bitcoin Mini Trust, stating firmly, “The train has left the station.” His remarks suggest a cautious outlook on the success of the initiative amid market uncertainties.
Grayscale’s strategic move: Filing for a Spot Bitcoin ETF
In response to concerns raised by Scaramucci and to maintain competitiveness in the cryptocurrency investment landscape, Grayscale Investments made a b...
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MANTRA Aims to Bring RWA Tokenization to The Middle East and Asia
Cryptopolitan (RSS)
Dubai, UAE, March 14th, 2024, Chainwire
MANTRA has announced a major step towards mainstreaming Real World Asset (RWA) tokenization with its application for its first essential financial licenses. Its expected receipt of licensing in the UAE will allow MANTRA to target a global customer base, and empower businesses to capitalize on RWA asset tokenization.
MANTRA’s layer1 blockchain, known as MANTRA Chain, is designed to facilitate the issuance and trading of tokenized RWAs. In 2024, MANTRA is on a mission to onboard financial organizations and other commercial enterprises that seek to tap into the many benefits tokenized RWAs have to offer.
To support the establishment of fully compliant RWA infrastructure, MANTRA’s dedicated teams located in Hong Kong and UAE have developed deep understanding of the evolving regulatory frameworks in key regions. By...
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Cryptopolitan (RSS)
Dubai, UAE, March 14th, 2024, Chainwire
MANTRA has announced a major step towards mainstreaming Real World Asset (RWA) tokenization with its application for its first essential financial licenses. Its expected receipt of licensing in the UAE will allow MANTRA to target a global customer base, and empower businesses to capitalize on RWA asset tokenization.
MANTRA’s layer1 blockchain, known as MANTRA Chain, is designed to facilitate the issuance and trading of tokenized RWAs. In 2024, MANTRA is on a mission to onboard financial organizations and other commercial enterprises that seek to tap into the many benefits tokenized RWAs have to offer.
To support the establishment of fully compliant RWA infrastructure, MANTRA’s dedicated teams located in Hong Kong and UAE have developed deep understanding of the evolving regulatory frameworks in key regions. By...
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Ripple-SEC lawsuit nears conclusion, XRP price outlook hangs in the balance
Cryptopolitan (RSS)
As the lawsuit between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) approaches its culmination, market participants eagerly anticipate the court’s verdict, which could significantly impact the trajectory of XRP, the cryptocurrency associated with Ripple.
Key dates loom on the horizon, with April 12 marking the deadline for motions opposing proposed remedies and April 29 for the final determination of penalties related to Ripple’s institutional sales of XRP. The outcome of these legal proceedings is anticipated to influence the market sentiment surrounding XRP, potentially triggering substantial price movements.
Market response to legal developments
The upcoming court rulings have stirred bullish sentiments among XRP investors, who closely monitor developments that might affect th...
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Cryptopolitan (RSS)
As the lawsuit between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) approaches its culmination, market participants eagerly anticipate the court’s verdict, which could significantly impact the trajectory of XRP, the cryptocurrency associated with Ripple.
Key dates loom on the horizon, with April 12 marking the deadline for motions opposing proposed remedies and April 29 for the final determination of penalties related to Ripple’s institutional sales of XRP. The outcome of these legal proceedings is anticipated to influence the market sentiment surrounding XRP, potentially triggering substantial price movements.
Market response to legal developments
The upcoming court rulings have stirred bullish sentiments among XRP investors, who closely monitor developments that might affect th...
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Robinhood’s assets under custody surpass the $100 Billion mark for the second consecutive month
Cryptopolitan (RSS)
Robinhood, the Menlo Park, California-based brokerage, has witnessed a significant surge in Assets Under Custody (AUC), marking its second consecutive month of breaching the $100 billion milestone. In February, AUC grew by an impressive 16% to reach $118.7 billion, reflecting its robust performance in managing its clients’ assets.
Analyst coverage and growth expectations
Bernstein, a prominent financial research and investment firm, initiated coverage of Robinhood, bestowing it with an “outperform” rating. The move comes amidst optimistic projections for the company’s cryptocurrency revenue, anticipated to skyrocket nine-fold by 2025. Bernstein highlights Robinhood’s strategic advantage in offering a comprehensive suite of cryptocurrency services within a regulated brokerage platform...
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Cryptopolitan (RSS)
Robinhood, the Menlo Park, California-based brokerage, has witnessed a significant surge in Assets Under Custody (AUC), marking its second consecutive month of breaching the $100 billion milestone. In February, AUC grew by an impressive 16% to reach $118.7 billion, reflecting its robust performance in managing its clients’ assets.
Analyst coverage and growth expectations
Bernstein, a prominent financial research and investment firm, initiated coverage of Robinhood, bestowing it with an “outperform” rating. The move comes amidst optimistic projections for the company’s cryptocurrency revenue, anticipated to skyrocket nine-fold by 2025. Bernstein highlights Robinhood’s strategic advantage in offering a comprehensive suite of cryptocurrency services within a regulated brokerage platform...
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