Author: cointechies

Sundar Pichai, CEO of tech giant Google, recently organized a key year-end strategy meeting with employees where he discussed concerns that rival ChatGPT (owned by OpenAI) could become synonymous with artificial intelligence (AI), as did Google for internet searches. Pichai also reportedly urged Google employees to remain focused and agile for a “transformative 2025.” According to a report from CNBC, Google employees were told by Pichai to prepare for 2025 because “the stakes will be too high,” perhaps emphasizing Gemini (Google’s AI product) over its main rival ChatGPT apply. During the strategy meeting, Pichai also read questions from Google employees,…

Venture capitalist Chris Burniske says crypto investors with long-term conviction should look for entry into the market amid the correction. Burniske, a former analyst at Cathie Wood’s ARK Invest and current partner at Placeholder, says Bitcoin (BTC) has likely already hit its bull run lows, and given that “quality alternatives” have fallen significantly, there are opportunities for that Crypto bulls abound. “I love where the market is right now. BTC triggers fear of the abyss in people with PTSD (post-traumatic stress disorder) when it has already filled the liquidation wick and fallen by up to ~15% from its recent highs.…

Uniswap’s Chief Legal Officer (CLO), Katherine Minarik, has publicly called for a challenge to the Internal Revenue Service’s (IRS) recent decision classifying decentralized exchanges (DEXs) as brokers under US tax law. In a strongly worded statement, Minarik argued that the interpretation is fundamentally flawed and could stifle innovation in the cryptocurrency industry by placing impractical compliance burdens on decentralized platforms. IRS ruling sparks controversy Earlier this year, the IRS issued guidelines requiring DEXs to report user transactions, citing broader efforts to curb tax evasion. The ruling brings DEXs in line with traditional financial brokers and requires them to comply with…

The People’s Bank of China highlights Hong Kong’s active crypto licensing as well as the importance of cryptocurrency as an emerging trend in several countries in its latest financial stability report. In an excerpt from the 2024 Financial Stability Report, the Chinese central bank explains the progress of cryptocurrency compliance in Hong Kong. The report acknowledged that crypto has become a global trend that major countries are quickly accommodating through licenses and regulations. “Currently, 51 countries and regions around the world have issued bans on crypto assets, and some economies have adjusted their original laws or reissued regulations,” the central…

Dogecoin, the digital token originally designed as a lighthearted take on cryptocurrencies, has seen increased trading activity over the past 48 hours, leading to growing speculation that the meme-inspired coin could see a significant surge in the coming weeks. Analysts say large holders, sometimes known as “whales,” have acquired a total of around 90 million tokens in a short period of time, coinciding with a slight recovery in the price of Dogecoin. Source: X According to on-chain data, the latest accumulation surge follows three-day price declines that sent the coin to an intraday low near $0.308 on December 27. The…

Disclosure: This article does not constitute investment advice. The content and materials presented on this site are for educational purposes only. Lightchain AI is redefining the crypto landscape with cutting-edge AI blockchain solutions and offering a unique investment opportunity through its live presale. The cryptocurrency landscape is evolving, with new players challenging the dominance of established coins. One standout contender is Lightchain AI (LCAI), a blockchain coin that is gaining significant traction. Its new features and practical utility are attracting the attention of investors and developers alike. Even better: the Lightchain AI presale is now live and offers the opportunity…

Will the highly anticipated New Year rally lead to a breakout as Solana price action struggles for a bullish comeback? As anticipation for the New Year rally grows, Solana remains firmly positioned above $190. While SOL price struggled to break above $200, a triangle pattern could determine its next move. After a positive rebound last week, a continuation of Solana’s uptrend could lead to a breakout rally. Will this breakout propel Solana into a sustained uptrend above the psychological barrier of $200? SOL price analysis Solana marks a positive week as Bitcoin hovers near the $93,000 support level. After a…

Kyle Samani of Multicoin predicts that Helium, Hivemapper and io.net will collectively generate over $100 million in revenue by 2025. Kyle Samani, co-founder of Multicoin Capital, recently predicted that the total revenue of Helium (HNT), Hivemapper (HONEY), and io.net (IO) will exceed $100 million by the end of 2025. Samani tweeted that these decentralized companies are already generating over $50 million per year and are expected to triple that number in the coming year. He also emphasized that 2025 will be a pivotal year for decentralized physical infrastructure networks, especially those based on the Solana blockchain, which are expected to…

A market commentator presents something XRP The price could rise once the legal dispute between Ripple and the US Securities and Exchange Commission (SEC) is resolved. The ongoing case between Ripple and the US Securities and Exchange Commission (SEC) has implications for XRP. With the case now in the appeal phase, market participants and analysts are speculating about the possible impact of its resolution on the XRP price. Notable XRP proponentDigital Asset Investor (DAI) recently presented an optimistic outlook. He posted a comment from an AI chatbot that suggested that XRP could reach new all-time highs once the case is…

Cardano founder Charles Hoskinson humorously points out that Intel is dead after CNBC Mad Money host Jim Cramer’s supposed optimism. After several famous bad decisions, including over Bear Stearns over a decade ago Silicon Valley Bank and Signature Bank last year, Jim Cramer, host of CNBC’s “Mad Money,” became a meme on X because critics believe he is constantly wrong. One problem with this infamy, however, is that his words are often taken out of context for the sake of sensationalism, which quickly angers critics. Cardano founder Charles Hoskinson seems to be the latest critic of this kind. Cardano’s Hoskinson…