Day: March 27, 2025

BNB Price Eyes Upside—Key Levels to Watch for a Breakout

admin

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

OpenAI expects to 3X revenue in 2025 but Chinese AI firms are heating up

admin

OpenAI expects to more than triple its revenue this year to $12.7 billion, despite fast-growing competition from the likes of China’s DeepSeek and other competitors making rapid progress. The ChatGPT creators also expect its revenue target for 2025 to more than double to $29.4 billion by 2026, Bloomberg reported on March 26, citing a person familiar with the matter. The 2025 estimate is a little higher than the $11.6 billion revenue target that OpenAI was reportedly eyeing for 2025, The New York Times reported last September. Bloomberg noted that the…

The Blockchain Group adds 580 BTC as stock jumps 226% since Bitcoin pivot

admin

France-based The Blockchain Group has added another 580 Bitcoin to its Bitcoin treasury, following a 225% surge in its stock price since it began hoarding Bitcoin in November. This is the largest of the three Bitcoin purchases made by the organization, per a March 26 after-hours statement. At the time of publication, 580 Bitcoin is worth $50.64 million, with Bitcoin’s (BTC) price trading at $87,311, according to CoinMarketCap data. First purchases at pivotal Bitcoin moments The Blockchain Group’s first two Bitcoin purchases happened around significant milestones for the Bitcoin industry.…

XRP Price Rejected at Resistance—Are Bears Taking Control?

admin

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Crypto urges Congress to change DOJ rule used against Tornado Cash devs

admin

A coalition of crypto firms has urged Congress to press the Department of Justice to amend an “unprecedented and overly expansive” interpretation of laws that were used to charge the developers of the crypto mixer Tornado Cash. A March 26 letter signed by 34 crypto companies and advocate groups sent to the Senate Banking Committee, House Financial Services Committee and the House and Senate judiciary committees said the DOJ’s take on unlicensed money-transmitting business means “essentially every blockchain developer could be prosecuted as a criminal.” The letter — led by…

Adam Back-backed The Blockchain Group acquires 580 Bitcoin, its largest-ever BTC buy

admin

Key Takeaways The Blockchain Group acquired 580 Bitcoin, increasing its holdings to 620 Bitcoin. The acquisition was funded by a convertible bond, with Swissquote Bank executing the purchase. Share this article The Blockchain Group, a pioneering Bitcoin Treasury Company in Europe, backed by Adam Back, announced Wednesday it had acquired 580 Bitcoin, valued at approximately $50 million at current market prices. The company’s latest Bitcoin acquisition is its biggest since it began accumulating Bitcoin. The Blockchain Group launched its Bitcoin Treasury strategy on November 5, 2024, becoming the first European…

Ethereum Price Consolidates After Pullback—Is a Fresh Move Coming?

admin

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum price remained supported above the $1,980 level. ETH is now rising and might aim for a move above the $2,050 resistance. Ethereum corrected lower and tested the $1,980…

Hyperliquid JELLY ‘exploiter’ could be down $1M, says Arkham

admin

The trader behind recent “suspicious market activity” on Hyperliquid that led to the freeze and delisting of the Jelly my Jelly (JELLY) memecoin is potentially down almost $1 million from their actions.  Blockchain analytics firm Arkham Intelligence said in a March 26 post to X that the trader attempted to manipulate the system to profit from price movements, withdrawing collateral before Hyperliquid’s liquidation system could catch up. The trader opened three accounts within five minutes of each other, two with $2.15 million and $1.9 million long positions, and the third…

Bitcoin Price Finds Support—But Can It Power Through $90K?

admin

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin price remained supported above the $85,500 zone. BTC is now rising and might aim for a move above the $88,000 resistance zone. Bitcoin started a fresh recovery wave…

Resolution to kill IRS DeFi broker rule heads to Trump’s desk

admin

The US Senate has passed a resolution to kill a Biden administration-era rule to require decentralized finance (DeFi) protocols to report to the Internal Revenue Service, which will now head to US President Donald Trump’s desk. On March 26, the Senate voted 70-28 to pass a motion repealing the so-called IRS DeFi broker rule that aimed to expand existing IRS reporting requirements to crypto. The Senate had voted to pass the resolution earlier in March, which also passed the House, but it was sent back to the Senate for a…