Reading Time: 2 minutesThe first-ever ICO on the Bitcoin blockchain has raised over $600,000 in its first few hours Bitcoin Dogs’ BRC-20 ICO is sparking memories of the Ethereum-led ICO boom in 207 The Ordinals protocol, underpinning Bitcoin Dogs, has stirred debate among Bitcoin purists The first-ever ICO on the Bitcoin blockchain has raised over […]
Citi Tests Tokenized Securities on Avalanche
Reading Time: 2 minutesCitibank has leveraged Avalanche’s Spruce Subnet to explore tokenizing private equity funds Teaming with WisdomTree and Wellington Management, Citi conducted a proof-of-concept trial tailored for major financial institutions Citi emphasized its commitment to blockchain innovation in collaboration with industry leaders Citibank is leveraging Avalanche’s Spruce Subnet to explore the tokenization of private […]
MicroStrategy’s Huge Bitcoin Bet Rakes In $4 Billion Profit Amid Exponential Price Boom
MicroStrategy, the Michael Saylor-owned enterprise software maker that is the largest publicly-listed holder of Bitcoin, kicked off 2024 by purchasing more BTC. The firm’s blockbuster gambit on the premier cryptocurrency has certainly paid off so far. With Bitcoin rocketing past $52,000, MicroStrategy’s stash has accrued an unrealized profit of over $4 billion. MicroStrategy Boasts $4B […]
Elizabeth Warren Salutes Satoshi Nakamoto? Bitcoin Fans Are in a Frenzy
The Bitcoin rumor, which spread like wildfire Thursday, traces back to an anonymous patron of a Manhattan pub. Here’s what we know.
Google Is Testing an AI Model 700X More Powerful Than OpenAI’s Flagship Chatbot
Google’s upcoming Gemini Pro 1.5 AI, which powers the free tier of its chatbot, can process 1.5 million tokens, a massive boost over the 128K that its rival and current version handles.
Bitcoin Contracts Skyrocket: $22.84 Billion Influx Ignites Frenzy
According to Coinglass data, Bitcoin (BTC) contract holdings on US dollar-denominated exchanges have surged to $22.84 billion. Notably, major platforms like CME, Binance, and Bybit hold significant shares, with CME leading at $6.77 billion, followed closely by Binance at $6 billion, and Bybit at $4 billion, among others. This milestone indicates a resurgence in investor […]
Microsoft Will Bring Once-Exclusive Xbox Games to PlayStation and Nintendo
It’s official: Microsoft will bring a few previously exclusive Xbox games to other systems as the company sets fire to the “console wars.”
OpenAI Jumps Into Text-to-Video Fray With Sora, Challenging Meta, MidJourney and Pika Labs
The leader in the AI chatbot space finally adds the ability to conjure moving pictures that are longer and higher quality than those made with more established tools.
US Banks Rally For Updated Crypto Guidelines As Digital Asset Prices Surge
Amidst a significant surge in cryptocurrency prices, which propelled the total crypto market capitalization to a high of $1.93 trillion on Thursday, influential interest groups are urging the US Securities and Exchange Commission (SEC) to revise accounting guidance that imposes higher costs on US banks for holding digital assets on behalf of their customers. Banking […]
Crypto Banter Reveals Why This Bull Run Could Make More Millionaires Than Ever
Ran Neuner suggests this crypto bull-run could be unprecedented in scale and potentially the last of its kind. The current bull market is distinguished from past ones by a shift from leveraged speculation to institutional investment. The trend away from retail-driven, speculative trading to strategic macro asset allocation by global financial institutions marks this bull […]