Stanley Druckenmiller, the legendary investor who was part of George Soros’ Quantum Fund, has dumped traditional tech stocks while putting funds into gold mining companies and artificial intelligence (AI) shares. According to filings, he sold Amazon, Alphabet (Google), and Broadcom stocks while acquiring shares of Barrick Gold and Newmont, two gold miners. Stanley Druckenmiller Sells […] Source CryptoX Portal
Ether has rallied 16% in seven days, outperforming bitcoin’s 8.5% rise. Original
The digital bank Revolut is developing a new cryptocurrency trading platform designed for seasoned crypto traders, according to an e-mail sent to customers this week. The new platform will offer more advanced trading features like deeper market analytics and lower trading fees than Revolut’s existing crypto services. etoro: Experience a reliable, user-friendly platform trusted by millions. Stay ahead in the crypto world. Board the Crypto Train now! In fact, Revolut aims to offer a fully independent crypto exchange in addition to standard digital asset services. The question is, however, whether…
The price of Bitcoin has been on a tear in recent weeks, surging over 30% and breaching the $50,000 mark. At the time of writing, Bitcoin was trading at $52,377, up 1.3% and 8.8% in the daily and weekly timeframes, data from Coingecko shows. This bullish momentum has ignited fresh optimism among investors, with many wondering if the world’s leading cryptocurrency is poised for another assault on its all-time high of $69,000. Analysts point to several key technical factors that could propel Bitcoin towards new heights in the coming months.…
The U.S. states proposed funds will be allocated both in 2025 and 2026 and are slightly less than what is being set aside for the Artificial Intelligence Commission, which is getting $22,048 a year over the same period. However, the Virginia Autism Advisory Council will receive only $12,090 yearly over the two years. Source link
Crypto exchange Coinbase has discontinued support for native Bitcoin and other Unspent Transaction Output (UTXO) coins on its merchant payment service, Coinbase Commerce. Lauren Dowling, the head of product at Coinbase, revealed the decision in a thread on X on Feb. 18 that the move was driven by challenges encountered while attempting to integrate recent updates into its Ethereum Virtual Machine (EVM) payment protocol for Bitcoin. 1/ Hey folks, I’m the product lead for Coinbase Commerce and want to share some thoughts on how the product is evolving, why we’ve…
Japan’s cabinet approved a bill adding crypto to the list of assets the nation’s investment funds and venture capital firms can acquire. Source
Cryptocurrency exchange Binance announced the listing of the ORDI perpetual contract. According to a post on Binance Futures, the platform will launch a USDC-margined ORDI perpetual contract on Feb. 22, 07:00 (UTC), with up to 75x leverage. The maximum financing rate for the ORDIUSDC perpetual contract at launch will be +2.00% and -2.00%. The funding fee calculation frequency will occur every four hours. Users will be eligible for a 10% discount on trading fees for all USDC margined futures contract trades until April 03, 12:30 pm (UTC). Following the news,…
In a recent analysis via X (formerly Twitter), the renowned crypto analyst Miles Deutscher has cast a spotlight on artificial intelligence (AI) as the paramount sector poised for significant performance in the ongoing crypto bull run. With a keen focus on Decentralized Physical Infrastructure (DePIN), Deutscher not only forecasts this niche to burgeon into a $3.5 trillion industry by 2028 but also underscores an unprecedented opportunity for early investors. “AI will be one of crypto’s top performing sectors this bull run,” Deutscher states, emphasizing the strategic advantage of investing in…
YC said that although $136 billion worth of stablecoins have been issued to date, the opportunity in the sector is “much more immense still.” Despite the massive value of the tokens issued, only about seven million people have transacted with stablecoins, and there are only a handful of major stablecoin issuers. Source