Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
Super Micro Stock Plunges Over 10% on Q3 Miss: AI Hype Faces Reality—Lessons for Crypto Investors Super Micro, a major player in server manufacturing, just got slammed with a stock drop of over 10% in after-hours trading after releasing a dismal Q3 earnings report for its fiscal year. With revenue falling short at $5.02 billion […]
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Amazon vs. Perplexity AI: A Battle Over E-Commerce Rules with Bitcoin Implications Amazon has fired a legal shot across the bow of Perplexity AI, slamming the $20 billion-valued startup with a cease and desist letter over its AI agent, Comet, making purchases on the e-commerce titan’s platform. This isn’t just a corporate squabble—it’s a raw, […]
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Apple’s Budget Mac J700: A Hidden Catalyst for Bitcoin and Crypto Adoption? Apple, long the kingpin of premium tech, is stepping into uncharted territory with a budget-friendly laptop codenamed J700, slated for release in the first half of 2025. Priced under $1,000, this Mac isn’t just a shot at Google’s Chromebooks or Microsoft’s entry-level PCs—it’s […]
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AMD Q3 Earnings Smash Records, AI Deals Challenge Nvidia—What’s the Impact on Crypto Mining? AMD has delivered a knockout punch with its third-quarter earnings, raking in $9.25 billion in revenue and posting adjusted earnings of $1.20 per share, well ahead of Wall Street’s predictions. Yet, a lukewarm Q4 gross margin forecast of 54.5% has investors […]
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Coinbase Exec Slams Banks for Blocking Crypto Trust Charter in Battle for Financial Future Coinbase, a titan in the cryptocurrency arena, is locked in a fierce showdown with U.S. banks over its bid for a federal trust charter. Chief Legal Officer Paul Grewal has called out the Independent Community Bankers of America (ICBA) for opposing […]
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Bitcoin Price at Risk: Can BTC Hold $100K as Ethereum and Shiba Inu Crash? The crypto market is in a tailspin, and even the titans—Bitcoin (BTC), Ethereum (ETH), and the meme coin poster child Shiba Inu (SHIB)—are feeling the heat. With technical indicators flashing red, macroeconomic pressures piling up, and selling pressure intensifying, we’re digging […]
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Decred, Dash, and Internet Computer Smash Through a Dead Altcoin Market Bitcoin is lording over the crypto realm, sucking up capital near its peak dominance, yet three altcoin misfits—Decred (DCR), Dash, and Internet Computer (ICP)—have pulled off staggering 24-hour rallies in 2023. With gains ranging from 43% to over 100%, what’s propelling these outliers while […]
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Cardano’s Battle for Relevance: Can ADA Stand Up to DeFi Newcomer Mutuum Finance (MUTM)? Cardano (ADA), a veteran in the blockchain arena, faces mounting pressure as newer DeFi projects like Mutuum Finance (MUTM) capture investor imagination with bold promises of innovation and outsized returns. With the 2025 bull run on the horizon, the crypto market […]
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Stability AI Beats Getty Images in UK Copyright Lawsuit: AI Training Data Debate Ignites Stability AI has emerged victorious in a landmark UK high court battle against Getty Images, with the judge ruling that the AI firm did not violate copyright laws by training its generative models on internet-sourced photographs. This AI copyright lawsuit is […]
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Crypto Market Massacre: $400M Liquidated in 24 Hours—Is RentStac a True Safe Haven? A catastrophic sell-off has sent shockwaves through the cryptocurrency market this week, with $400 million vanishing in liquidations across major exchanges as 162,000 traders saw their positions implode. Bitcoin, Ethereum, and a slew of altcoins took a brutal beating, while whispers of […]
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