Chirag Sharma

Nvidia’s Correction and Impact on AI-Based Crypto Projects

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Nvidia, a dominant force in the artificial intelligence (AI) sector, has recently experienced a significant market correction. This downturn resulted in the company’s stock losing $430 billion in value, driven by: This correction has raised concerns about the broader implications for AI-related industries, particularly AI-based cryptocurrency projects. We saw how the boom of Nvidia helped …

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Injective Integrates with TON Blockchain: A New Era in Web3 Finance

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Injective has officially integrated with the TON blockchain ecosystem, marking a historic moment for both communities. This integration allows Injective assets, particularly $INJ, to be bridged and utilized across the TON network while enabling $TON to be leveraged in Injective decentralized applications (dApps). Uniting Two Vibrant Ecosystems This partnership opens up exciting opportunities for both …

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Record $28.7 Million Monthly Income for Pump.fun

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In an impressive milestone, Pump.fun has achieved record monthly agreement income, totaling $28.73 million in July. This achievement highlights the growing retail interest in Solana-based memecoins, such as WIF and BONK. Pump.fun Income hits Record According to an August 13 post by Entropia Intel news aggregator, Pump.fun, a memecoin creation platform on the Solana blockchain, …

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Bitcoin Mining Rewards Hit Record Low in 2024

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In a surprising development, Bitcoin mining rewards are facing a significant decline, reaching rock bottom in 2024. On August 11th, daily Bitcoin mining rewards plummeted to a mere $2.54 million worth of BTC, marking the lowest earnings since October 2023. The Impact of Bitcoin Mining Rewards The recent Bitcoin halving event, which occurred in April …

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The Celsius and Tether Legal Clash: Unfolding Allegations

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Celsius Network, a well-known crypto lender, had a significant loan agreement with Tether Ltd. dating back to 2020. This arrangement allowed Celsius to borrow stablecoins like USDT and Euro Tether (EURT), with Bitcoin used as substantial collateral. At its peak, the loan reached nearly $2 billion in USDT, secured by tens of thousands of BTC. …

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Pump.fun

Pump.fun Allows MemeCoin Creation For Free

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Pump.fun, a platform dedicated to launching memecoins, has introduced an incentive that rewards creators with 0.50 SOL (approximately $80) if their tokens successfully list on Raydium, a Solana-based decentralized exchange (DEX). This reward is given once the tokens complete their bonding curves, offering a new way for users to benefit from their creations. Free Token …

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Black Swan Events in Markets

Black Swan Events In Markets

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The term “Black Swan Events in markets” refers to rare, unpredictable events that have severe consequences. Originating from Nassim Nicholas Taleb’s 2007 book, “The Black Swan,” these events are outliers with a major impact on the financial world, including the crypto market. While traditional markets have experienced several Black Swan Events, the crypto market, being …

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Morgan Stanley

Morgan Stanley’s 15000 Advisors Pitching Bitcoin ETFs Today

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Starting today, Morgan Stanley’s wealth advisors can actively pitch two spot bitcoin exchange-traded funds (ETFs) to some of their clients, according to CNBC. The advisors will solicit investments into BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin Bitcoin Fund (FBTC) from eligible clients. This marks a significant shift in the traditional finance industry’s approach …

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