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The Bitcoin market experienced a major downturn earlier this week attributed to concerns regarding the US economic outlook and increased volatility in the broader financial markets. Notably, Ethereum’s performance lagged, potentially influenced by heightened futures market activity and selling pressure from select large holders. Despite these challenges, asset manager and exchange-traded fund (ETF) issuer Grayscale remains optimistic about the potential for token valuations to rebound if the US economy continues on a trajectory toward a “soft landing.” Even in a scenario of economic weakness, Grayscale suggests that the downside risk to cryptocurrency prices may be more contained compared to previous…
While selecting the right stocks to invest in is crucial for every trader’s success, it isn’t easy, even for experienced investors. There’s no particular approach to picking the best stocks for your investment portfolio. It’s dependent on numerous factors. Discussed below is how to pick stocks to invest in. 1. Determine a stock’s intrinsic value A stock’s intrinsic value represents its actual worth. Unlike a stock’s market price, which can change due to external factors and sentiment, intrinsic value shows a company’s core value. Understanding intrinsic value is key in determining whether a stock is fairly priced, overvalued, or undervalued.…
Neither OpenAI nor other tech giants have produced systems capable of doing much, but that hasn’t stopped them from pushing for massive new investments.
Insider Brief Naver has partnered with the Saudi Arabian government on a five-year, $100 million project to develop digital twin platforms for Riyadh and four other major cities. The initiative will create highly accurate 3D models to improve urban management, integrating services like smart city infrastructure planning and flood simulation. Naver’s project supports Saudi Arabia’s smart city strategy and positions the company as a major player in the global digital twin industry. PRESS RELEASE — Naver, a prominent South Korean internet and technology company, has entered into a significant five-year partnership with the Saudi Arabian government to develop digital twin…
Crypto trading platform Robinhood remains in talks with the US Securities and Exchange Commission (SEC), following a warning letter issued by the financial regulator in May. In an interview with Bloomberg Television, Chief Executive Officer Vlad Tenev revealed that the company has filed a response to the SEC’s Wells Notice regarding its cryptocurrency operations, hinting at possible regulatory enforcement action. Robinhood CEO Emphasizes Robust Response A Wells notice is a letter from the SEC informing a company that the regulator is considering recommending civil or administrative action against it. Robinhood has since submitted a response, with Tenev emphasizing that the…
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have…
Donald Trump, a name synonymous with political spectacle, has now set his sights on the world of cryptocurrency. We analyzed his recent remarks. At the recent Bitcoin conference in Nashville, the former president made a bold promise: if elected, he would make the U.S. the “crypto capital of the planet” and usher in a “Bitcoin superpower.” The crowd erupted in cheers, but beyond the hype, what does this really mean for the future of Bitcoin? Trump’s embrace of crypto is undoubtedly a political maneuver. His campaign has already raked in millions in cryptocurrency donations, and his Nashville appearance likely generated a further windfall.…
The scam starts with a small payment of Tether (USDT) to the user.
Insider Brief LG Innotek partners with Ansys to expand Digital Twin technology, drastically reducing product development time and costs. Virtual simulations cut substrate warping prediction time from 11 days to 3.6 hours, optimizing production processes. Collaboration aims to implement Digital Twin across all value chains, enhancing quality and efficiency through AI-driven simulations. LG Innotek announced on August 8 its plans to expand the application of ‘Digital Twin’ technology across all processes in collaboration with Ansys, the global leader in engineering simulation, according to the Korea IT Times. This partnership aims to leverage the technology to improve the manufacturing sector by…
Bitcoin‘s recent price recovery has triggered renewed optimism within the community regarding the crypto asset’s short-term prospects, with several analysts predicting an imminent price surge for BTC. Following the market redemption, Ki Young Ju, the Chief Executive Officer (CEO) of leading on-chain data provider, CryptoQuant, has reassured crypto investors that the Bitcoin bull market is still active, suggesting a potential price uptick in the upcoming months. The CryptoQuant CEO and founder, Ki Young Ju, expressed his positive perspective toward Bitcoin after investigating several bullish and bearish on-chain performances of the crypto asset. Bitcoin Poised For Gains As Bull Market Is…