AI takes center stage as Microsoft and Google earnings signal booming market

Microsoft and Google’s Q2 earnings reports highlight significant revenue and profit increases, driven by their investments and advancements in AI technologies. Big Tech giants Microsoft and Alphabet, the parent company of Google, unveiled their second-quarter earnings reports, which showcased an impressive growth fueled by their strategic investments in artificial intelligence (AI).  The recent earnings reports […]

Trader earns $23M flipping Solana memecoins: Here’s how

The trader received a $6.28 million payday trading BONK, $9.51 million trading WIF and $7.04 million with BODEN. A memecoin trader cashed out millions in profits from several positions on meme-themed tokens in Solana (SOL).  On April 26, blockchain analysis firm Lookonchain flagged the movements of a trader with the Solana Name Service account called […]

Runes are offering a significant lifeline for Bitcoin miners: TeraWulf CEO

The transaction fees are the “wild card” for Bitcoin miners, with the current increase representing a crucial revenue boost for BTC miners, according to TeraWulf’s CEO, Nazar Khan. The rise in transaction fees from Bitcoin Runes — a new protocol for issuing fungible tokens on the Bitcoin network — is offering a significant revenue boost […]

Marathon Digital doubles hash rate target to 50 EH/s

Bitcoin miner Marathon Digital has reviewed its hash rate target for this fiscal year to 50 EH/s, according to an April 25 statement. Initially, the miner aimed to boost its mining capacity by about 46% by year-end to as high as 37 EH/s from 24.7 EH/s. However, buoyed by its recent acquisition of a 200-megawatt […]

Japanese Investment Firm Metaplanet Announces Purchase of Bitcoin Worth ¥1 Billion

The post Japanese Investment Firm Metaplanet Announces Purchase of Bitcoin Worth ¥1 Billion appeared first on Coinpedia Fintech News Metaplanet seems to follow MicroStrategy’s footsteps after deciding to make Bitcoin its saving choice. In a recent disclosure, Japanese company Metaplanet Inc. has announced its purchase of ¥1 billion ($6.25 million) worth of Bitcoin. This move […]

Three Low-Cap Gaming Tokens for Maximum Gains

The post Three Low-Cap Gaming Tokens for Maximum Gains appeared first on Coinpedia Fintech News Blockchain technology has given rise to many crypto-gaming projects in the past few years. These games let players earn money while they play, so investors are now on the lookout for the best GameFi crypto tokens to trade. Analyst Altcoin […]

Institutional Investors Flock to Solana (SOL) Ahead of Anticipated Bull Run

Coinspeaker Institutional Investors Flock to Solana (SOL) Ahead of Anticipated Bull Run Solana (SOL) is gaining traction among institutional investors looking to diversify their portfolios beyond Bitcoin (BTC) in anticipation of the upcoming bull run that is expected to accompany the Bitcoin halving event. A recent survey led by James Butterfill, CoinShares head of research, […]

Consensys Sues US SEC over Its Attempts to Label Ethereum Security

Coinspeaker Consensys Sues US SEC over Its Attempts to Label Ethereum Security The United States Securities and Exchange Commission (SEC) would eventually be sued for attempting to classify Ethereum (ETH) as a security and not approving the trading of spot Ether ETFs. With the official deadline for the spot Ethereum ETF decision on the horizon, […]

Franklin Templeton Launches $380M Government Fund, Tokenizes It on Polygon, Stellar

Coinspeaker Franklin Templeton Launches $380M Government Fund, Tokenizes It on Polygon, Stellar Leading investment firm Franklin Templeton has announced a $380 million  United States Government Money Fund (FOBXX), tokenized as BENJI tokens. According to the firm, these tokens represent shares of the fund and can now be traded on both the Polygon and Stellar blockchains. […]

Franklin Templeton Tokenizes $380M Fund On Polygon And Stellar

In a significant move, Franklin Templeton has announced the tokenization of its US Government Fund on the Polygon and Stellar blockchains.  The fund’s tokenization will allow Franklin OnChain FOBXX investors to transfer the fund’s BENJI token between themselves without an intermediary.  Franklin Templeton Embraces Blockchain Technology  Franklin Templeton’s embrace of blockchain technology can enable peer-to-peer […]