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Homepage > News > Business > Saudi Arabia unveils new AI partners Saudi Arabia has announced a new wave of artificial intelligence (AI) partnerships and initiatives with global technology giants to improve the state of its local ecosystem. According to Minister Abdullah bin Amer Alswaha, the combined worth of AI-themed initiatives is valued at $14.9 billion and is intended to make Saudi Arabia the undisputed leader in the region. Alswaha disclosed his keynote address at the 2025 LEAP Tech Conference with several global players in attendance. The minister unveiled a $1.5 million partnership between Aramco and Groq to design AI-powered cloud…

Journalist Posted: February 27, 2025 PEPE’s multiple Breaks of Structure confirmed bearish momentum, while the liquidity sweep signaled $0.00000800 as a potential bounce zone. PEPE needs to reclaim the zone between $0.00000900-$0.00001000 price levels for an upside shift or face further downside continuation. Following a broader correction in the crypto markets, the price action of Pepe [PEPE]  is testing crucial support levels as it trades around $0.00000822. This confirmed the bearish momentum highlighted by multiple Breaks of Structure (BOS) below $0.00000900. Recent trading activities have seen liquidity sweeps below the $0.00000800 mark, suggesting this could act as a springboard for…

After the market dropped, 7 Siblings spent 28.75M DAI to buy 12,070 ETH at $2,382 again. Eric Trump tweeted “Buy the dips”, does it mean now is the right time to buy ETH? As the crypto market faced downturns, the ‘7 Siblings’ wallet continued to strategically invest heavily in Ethereum [ETH] which showed their remarkable market optimism. Recent transaction data revealed that within a brief window, ‘7 Siblings ‘exchanged a staggering 28.75 million DAI to acquire 12,070 ETH, pricing each unit at approximately $2,382. This echoed their last buy when ETH dipped to similar levels. This purchase was part of…

According to a report uploaded on February 18, last year, Russia’s Rosseti Group, a major player in the nation’s electricity sector, reported damages of over 1.3 billion rubles (approximately $14.2 million) caused by “unauthorized” cryptocurrency mining operations. These “black” mining farms tapped directly into Rosseti’s power network without authorization, severely impacting the company’s resources and operational efficiency. The regions most affected included the North Caucasus, Novosibirsk, and the Center and Volga areas, where illegal connections contributed to significant electricity theft and network disruptions. Impact of Illegal Crypto Mining on Rosseti’s Operations According to Rosseti’s report, 130 illegal connections were uncovered…

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…

Pi Network is a unique cryptocurrency project that aims to make digital currency mining accessible to everyone. The project was created by a team of Stanford graduates to provide a decentralized, user-friendly digital currency for everyday transactions.In this guide, we will cover what Pi Network is, how it works, and how to mine Pi coins. We will also discuss whether Pi Network is legit or a scam and its future potential.What Is Pi Network?Pi Network is a cryptocurrency project that lets you mine Pi coins directly from your mobile device without using significant energy. It launched on March 14, 2019,…

Journalist Posted: February 27, 2025 ENA could soar by 65% to reach the $0.65 level if it holds the $0.36 level. Traders were over-leveraged at $0.394 on the lower side and at $0.418 on the upper side. Ethena [ENA]  is gaining widespread attention from crypto enthusiasts amid market uncertainty. At the time of writing, the blockchain-based transaction tracker Lookonchain posted on X (formerly Twitter) that a newly created wallet had withdrawn 14.51 million ENA tokens worth $5.95 million from Binance. This substantial token withdrawal hints at potential accumulation by crypto whales. It serves as a perfect example of the “Buy…

Este artículo también está disponible en español. Ethereum price started a fresh decline from the $2,450 resistance zone. ETH is now consolidating losses and might face hurdles near $2,400 and $2,450. Ethereum is facing an increase in selling below the $2,450 zone. The price is trading below $2,500 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2,390 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent upward move if it settles above $2,400 and $2,500. Ethereum Price Extends Losses Ethereum price failed to clear…

Este artículo también está disponible en español. The crypto market is experiencing a significant upheaval, with a staggering $300 billion erased in just 24 hours. This massive sell-off has raised concerns among investors, prompting analysts to explore the underlying causes of this dramatic decline. Bitcoin And Ethereum Plummet According to insights from the Kobelsi Letter, a global commentator on capital markets, the frequency of “flash crashes” in the crypto sector has surged since January. These rapid price declines can occur without major bearish news, leaving investors puzzled about the sudden volatility. The recent downturn began with Bitcoin (BTC), which initially…

Through cloud mining, users can generate Dogecoin and Bitcoin earnings without purchasing expensive equipment. Selecting the best platform from the numerous available options can be challenging. This article presents a list of top cloud mining services for 2025 to help users select profitable platforms that are trustworthy and reliable.What is Cloud Mining?Cloud mining leverages processing power from remote data centers to mine Dogecoin, Bitcoin, and other cryptocurrencies. You purchase a service rather than costly mining equipment because other people handle the technical requirements. Because cloud mining requires less upfront cost, newcomers and those who want to avoid major power investment…