Ether (ETH) is holding steady above $3,800, according to CoinDesk Data, as the battle for dominance among corporate ETH treasuries intensifies. On Tuesday, SharpLink Gaming (SBET) announced it had purchased an additional 77,210 ETH last week, worth nearly $290 million at an average price of $3,756. The move raises SharpLink’s total ether holdings to 438,190 … Read more
Google on Wednesday announced a slew of features powered by Artificial Intelligence (AI), but a mistake in an ad caused its share price to tank. The search engine giant is rushing into the space after the bot ChatGPT caught the imagination of web users around the world with its ability to generate essays, speeches and … Read more
Google parent company Alphabet beat market expectations in the first quarter of 2023 with a net profit of $15 billion (roughly Rs. 1,23,000 crore), the company said on Tuesday, in a sign that the search engine behemoth is regaining its footing. The tech titan has found itself under pressure due to a general slowdown in … Read more
Hedge funds have been aggressively shorting ether (ETH) during the recent uptick to $3,000 as they attempt to harvest a yield by carrying out a basis trade. Hedge funds are shorting ether to the tune of $1.73 billion on the CME, a venue favored by institutional traders, according to data from the Block, which cites … Read more
PlayStation maker Sony announced a $3.6 billion (roughly Rs. 26,830 crore) agreement on Monday to buy US video game studio Bungie, creator of hits like Halo and Destiny, as a gaming industry battle heats up with Microsoft. Sony’s deal comes weeks after Microsoft unveiled a landmark $69 billion (roughly Rs. 5,14,200 crore) pact to acquire Call of Duty maker Activision … Read more