BlockPress

BlockPress

How high can XRP price go from its $3.66 multimonth high?

XRP’s recent price action reveals a period of consolidation near its multi-month high, a significant development sparking considerable interest and speculation within the cryptocurrency market. This consolidation phase, characterized by relatively stable trading within a defined range, follows a period…

OpenAI, Oracle expand $500B Stargate spend as Musk unveils bold xAI plan

The landscape of artificial intelligence computing is rapidly evolving, with major players making significant strides in expanding their computational capabilities. OpenAI’s recent advancements highlight a notable expansion of their Stargate supercomputing infrastructure. Through the integration of Oracle Cloud Infrastructure (OCI),…

Colorado pastor and wife indicted in $3.4M crypto scam

A pastor is at the center of a financial controversy after allegedly using his religious authority to promote INDXcoin, resulting in substantial financial losses for his congregation. The pastor’s actions involved claiming divine inspiration, stating that “God told” him to…

South Korean regulator urges asset managers to limit crypto exposure

South Korea’s Financial Services Commission (FSS) has issued a cautionary advisory to fund managers, recommending they exercise restraint in their exposure to exchange-traded funds (ETFs) heavily invested in cryptocurrency companies. This advice underscores the evolving regulatory landscape surrounding cryptocurrencies and…