BlockPress

BlockPress

Is a Bitcoin price rally to $150K possible by year’s end?

Bitcoin’s price trajectory is currently a subject of intense scrutiny within the cryptocurrency market, with recent technical indicators suggesting a potential downturn. A bearish RSI (Relative Strength Index) divergence has emerged, mirroring a pattern observed in 2021 that preceded a…

Active memecoin ETFs have a ‘good chance’ next year: Analyst

The memecoin market capitalization currently surpasses $60 billion, a figure exceeding the combined market capitalization of Tron and Cardano. This significant valuation highlights the substantial influence and investment memecoins command within the broader cryptocurrency landscape. While often dismissed as volatile…

Metaplanet shares jump after $5.4B plan to buy Bitcoin

Metaplanet’s Ambitious Bitcoin Acquisition Plan: A Path to Becoming a Crypto Heavyweight Metaplanet, a company whose specific operations remain undisclosed in the provided context, has announced a bold plan to acquire a substantial amount of Bitcoin (BTC) by the end…

AI models still far from AGI-level reasoning: Apple researchers

Current artificial intelligence (AI) models, despite advancements, fall short of human-like reasoning capabilities expected from artificial general intelligence (AGI). This limitation, highlighted by recent research, underscores a significant gap between current AI technology and the long-sought goal of creating truly…

Coinbase says it’s tackling frozen accounts in ‘major issue’

Coinbase’s recent enhancements in machine learning (ML) and infrastructure have resulted in a significant reduction of unwarranted account restrictions. This improvement signifies a substantial step forward in enhancing user experience and platform reliability. The platform’s previous struggles with excessive account…