US Announces Crackdown on Export of AI Chips to China
Market Analysis

New US Laws Tighten AI Chip Exports to China

October 18, 2023 0

The US Commerce Department has introduced new chip restrictions to limit Chinese access to American semiconductors. Chipmakers will require a license to ship advanced semiconductors to regions under US arms embargoes. The restrictions will not […]

Reddit Halts Crypto Rewards Due to High Ethereum Fees
Market Analysis

Why Reddit Is Halting Crypto Rewards Community Points

October 18, 2023 0

Reddit’s popular blockchain-based rewards initiative, Community Points, is set to be discontinued. Tim Rathschmidt, Reddit’s director of consumer and product communications, highlighted the challenges in scaling the program, compounded by evolving regulatory conditions. The decision […]

Analyst Claims Bitcoin Price Spike Confirms $20,000 Target, BlackRock CEO Disagrees
Market Analysis

Why BlackRock Bitcoin ETF Rumors Might Trigger a 30% Drop

October 17, 2023 0

Bitcoin stole the crypto spotlight after surpassing the $30,000 mark on Monday, October 16. Market observers attributed this spike to rumors suggesting the United States Securities and Exchange Commission (SEC) had greenlit BlackRock’s Spot Bitcoin […]

Can Render Token (RNDR) Ride the AI Hype to Become the Next Big Thing?
Market Analysis

Will Crypto AI Catch Up?

October 17, 2023 0

The Render Token (RNDR) price broke out from a descending resistance trendline on September 9. Today, it finally moved above the $1.85 horizontal resistance area, reaching the highest price since July. RNDR Reaches Long-Term Resistance […]

Ethereum layer 2 zkEVM Scroll is live on mainnet
Market Analysis

Ethereum layer 2 zkEVM Scroll is live on mainnet

October 17, 2023 0

Scroll is an open-source Ethereum L2 rollup leveraging zero-knowledge proofs. The network offers increased speed and lower fees for developers. Scroll, an Ethereum layer 2 zkEVM-powered network, has announced that its mainnet is now officially […]