Patrick holds a graduate degree in Life Sciences and discovered Bitcoin and crypto in 2018. With a strong analytical background, he has worked with and advised multiple projects in DeFi and real-world NFT applications. Passionate about blockchain innovation, he provides valuable perspectives on decentralized finance and asset tokenization, shedding light on emerging opportunities in the space.
Market News
OpenAI has finalized a five-year agreement worth $11.9 billion with cloud computing provider CoreWeave to enhance the AI infrastructure supporting its advanced machine learning models. The deal, signed on Monday, will provide OpenAI with the computational power necessary to scale and refine its artificial intelligence capabilities, including ongoing development for ChatGPT and other AI-driven applications.
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The U.S. Securities and Exchange Commission (SEC) is moving away from a controversial proposal that would have required some cryptocurrency firms to register as Alternative Trading Systems (ATS). Acting Chairman Mark Uyeda announced on Monday that he has directed SEC staff to explore ways to abandon this part of a 2022 proposal, citing widespread industry
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The cryptocurrency market suffered another sharp decline this week as growing concerns over a potential U.S. trade war, coupled with disappointment over President Donald Trump’s national crypto reserve plan, led investors to flee riskier assets. Bitcoin dropped below $79,000, its lowest level since mid-November, marking a 5% decline in just 24 hours. Other major cryptocurrencies
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Binance founder Changpeng “CZ” Zhao has spoken out against the short-term profit-driven mindset that dominates much of the cryptocurrency industry. In a recent X post, CZ called attention to the unsustainable nature of speculative investments, urging the crypto community to prioritize ethical, long-term projects over quick cash grabs. Unpopular opinion: In crypto, too much money
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Today March 10, 2025, X (formerly Twitter) suffered a widespread outage, preventing thousands of users from accessing the platform across multiple regions. The disruption affected both the mobile app and web version, leaving many unable to load feeds, send messages, or log in. The first signs of trouble emerged around 3:20 PM IST, with users
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The Cayman Islands, long considered a crypto-friendly hub, is tightening its regulatory framework. Under new Virtual Asset (Service Providers) (Amendment) Regulations, which will take effect on 1 April 2025, all cryptocurrency custody and trading firms must obtain a license. Companies already operating in the jurisdiction must submit their license applications by June 29, 2025, ensuring they comply
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Traditional banks and fintech companies are racing to capitalize on the booming stablecoin market as major financial institutions position themselves for a future where cryptocurrencies play a key role in global payments. Following in the footsteps of crypto-native firms like Tether and Circle, leading banks such as Bank of America and payment giants like Stripe
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El Salvador has continued its daily Bitcoin acquisition strategy, adding 17 BTC since March 1, even as the International Monetary Fund (IMF) pressures the country to curb its public sector involvement in cryptocurrency. According to the El Salvador Bitcoin Office, the nation’s Bitcoin treasury now holds over 6,105 BTC, valued at more than $527 million
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U.S. Commerce Secretary Howard Lutnick has dismissed concerns that the country is heading toward a recession, arguing that Donald Trump’s tariff policies will drive $1.3 trillion in new investments and stimulate long-term economic growth. Speaking on Meet the Press` on Sunday, Lutnick confidently stated, “Absolutely not. There’s going to be no recession in America.” His
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Bitcoin financial services company Fold Inc. has reinforced its position in the digital asset sector with a significant 475 BTC acquisition, valued at approximately $41 million. This latest addition brings Fold’s total Bitcoin holdings to over 1,485 BTC, worth nearly $130 million at current market prices. The firm executed this purchase through convertible notes, mirroring
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Changpeng Zhao (CZ), founder and former CEO of Binance, has urged Elon Musk to take stronger action against bots on X, arguing that automated accounts are compromising genuine social interactions on the platform. Posting on X, Zhao called for an outright ban on bot activity, emphasizing that he prefers to engage with human users rather
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Brazil’s national postal service, Empresa Brasileira de Correios e Telégrafos (Correios), has launched an initiative to integrate blockchain and artificial intelligence (AI) into its logistics and operational management systems. The state-owned agency published a pre-selection tender in the Diário Oficial da União on Friday, inviting companies and experts to propose cutting-edge digital solutions aimed at
