The Business & Technology Network
Helping Business Interpret and Use Technology
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Robinhood Markets, Inc. announced the acquisition of the portfolio management platform TradePMR, fueling its momentum in the wealth management space. According to their announcement, TradePMR has $40 billion in assets under management and serves the $7 trillion registered investment advisor (RIA) market. Robinhood Acquires TradePMR, Eyes $90 Trillion Wealth Transfer Opportunity Robinhood...
Shiba Inu’s recent rally brought significant optimism, with the meme coin recording a 65% rise this month. However, its upward trajectory has faced resistance, stalling attempts to continue its climb.  Despite this, the shift in momentum presents a chance for SHIB to breach a key multi-month resistance level. Shiba Inu LTHs Take Charge The MVRV Long/Short Difference highlights a positive...
Grayscale Investments has filed an updated prospectus for its Bitcoin Covered Call ETF (exchange-traded fund).  It signals a swift action after the Commodity Futures Trading Commission (CFTC) approved the listing of spot Bitcoin ETF options. Grayscale Pursues Bitcoin Covered Call ETF The fund, which will offer exposure to Bitcoin and the Grayscale Bitcoin Trust (GBTC), aims to generate...
BONK price has surged 74.63% in the last 7 days, bringing it closer to the $4 billion market cap milestone. The current momentum is supported by bullish indicators, including an RSI of 62.95, signaling room for further upside before entering overbought territory. The Ichimoku Cloud chart and EMA lines also confirm a strong uptrend, with the price trading well above key support levels. If this...
Ethereum began November with a remarkable 40% rally, but sustaining the momentum has proven challenging for the altcoin king. As the price stabilizes above $3,000, a significant boost from institutional interest might help reignite Ethereum’s bullish trend. Ethereum ETFs are at the center of this resurgence, recording historic inflows. Ethereum Has the Institutions’ Support Over the past...
US Space Force officer and crypto policy author Major Jason Lowery has applied to be the Department of Defense’s military advisor. His research challenges traditional views of Bitcoin, presenting it as more than a peer-to-peer payment system. US Hash Force: Softwar Suggests BTC for National Security After Polymarket polls indicated support for Senator Cynthia Lummis’ Bitcoin ACT Bill,...
Dogecoin (DOGE) recently surged to a three-year high of $0.43 on November 12 before retreating to $0.38, maintaining a 3% daily increase. However, on-chain data shows that the price spike has led many long-term holders (LTHs) to take profits. If this trend persists, DOGE risks losing much of its recent gains in the short term. Dogecoin’s LTHs Sell For Profit BeInCrypto’s assessment of...
io.net, a prominent GPU technology leader, has partnered with Zero1 Labs, a decentralized AI platform. The collaboration seeks to enhance decentralized AI (DeAI) by making it faster, more cost-effective, and accessible for developers. GPU Network io.net Fuels Zero1 Labs’ Blockchain AI Platform Zero1 Labs will use io.net’s GPU compute network to train AI systems for its open platform,...
A federal court in California has ruled that members of the Lido DAO can be held liable under state partnership laws.  Tile the case focuses on the decentralized governing body behind the popular liquid staking protocol (LSP). Nevertheless, this precedent marks a landmark decision with significant implications for decentralized governance. Court Rules Lido DAO Members Liable Under...
GOAT, once dominating the meme coin market, has faced significant challenges with the emergence of Peanut the Squirrel (PNUT).  The sudden rise of PNUT has disrupted GOAT’s market position, causing the meme coin to lose its demand. Despite the downturn, GOAT investors remain optimistic about its potential recovery. A Squirrel Defeats GOAT The social dominance of GOAT has shifted...