“As goes January, so goes the year”. This is a popular belief in the Wall Street circles. Advocates of the January Barometer believe that the market’s first-month performance sets the mood for the whole year. Building on this pretext, major digital assets have been having a ball since last month. Some argue that “crypto is […]
OpenAI Explores Content Licensing Deals With Publishers Amid NYT Legal Woes
OpenAI is reported to be initiating negotiations with numerous publishers, aiming to secure licensing deals for their content pieces. The organization seeks to upgrade its artificial intelligence models. Tom Rubin, the Chief of Intellectual Property and Content at OpenAI, revealed ongoing positive discussions. Tom Rubin’s Insight On OpenAI’s Latest Deals According to a Bloomberg report, […]
Cathie Wood Sells Coinbase Shares As Ark 21Shares Spot Bitcoin ETF Deadline Looms
Cathie Wood’s asset management firm Ark Invest has offloaded additional Coinbase (COIN) shares worth millions as the crypto community awaits to see if spot Bitcoin ETF approval is a “sell the news” event. Ark Invest 21Shares Spot Bitcoin ETF (ARKB) has a final deadline of January 10, 2024 while others have final deadlines between March […]
Financial Services Chair Retires; Here’s What it Means for Crypto
Rep. Blaine Luetkemeyer (Republican-Missouri) announced retirement in a post on X. Luetkemeyer served as the chairman of the Financial Services Subcommittee on National Security, Illicit Finance, and International Financial and will end his term in December 2024. Crypto falls under the subcommittee’s ambit. Luetkemeyer, known for his firm stance on crypto regulation, is not seeking […]
US Institutional Investors Buying Bitcoin Aggressively, On-Chain Data Shows
Amid the speculation around the US Securities and Exchanges Commission’s (SEC) spot Bitcoin ETF approval, institutional buyers appear to be heavily accumulating Bitcoin (BTC) ahead of the expected deadline of January 10, 2024. Also Read: Bitcoin ETF: How Likely Is US SEC To Give Early Approval? US Buyers Accumulating Bitcoin When looked at the difference […]
XRP Whale Dumps Over 50 Mln XRP As Price Slips Below $0.58, What’s Next?
XRP, one of the most popular cryptocurrencies fostered by Ripple Labs, curates a hurricane of speculations across the crypto realm today as the token recorded significant whale transfers to a CEX recently. Intriguingly, these whale transactions have stirred a whirlpool of inferences among crypto market enthusiasts globally following their emergence amid the token’s price drop. […]
BlackRock designates JPMorgan, Jane Street as Bitcoin ETF authorized participants
BlackRock disclosed JPMorgan Securities and Jane Street as intended participants for its proposed Bitcoin ETF before the SEC decision.
Web3 needs to regress before we can progress in 2024 | Opinion
On the surface, things now seem very different from a year ago, with Bitcoin (BTC) being more than double the $16,000-17,000 and the total market cap of crypto being comfortably above a trillion dollars. While the prices do indeed reflect…
Pancakeswap’s community overwhelmingly backs 300 million CAKE token supply cut
Pancakeswap gains overwhelming community support for 300 million CAKE token supply reduction, bolstering market presence across chains. Pancakeswap, the third-largest decentralized exchange globally, recently witnessed a near-unanimous community vote on a governance proposal to reduce the CAKE token supply by…
Valkyrie amends Bitcoin Fund S-1 filing with enhanced custody and valuation rules
Valkyrie Investments refiled an amended Form S-1 with the Securities and Exchange Commission on Thursday for its Valkyrie Bitcoin Fund, adding more precise rules around custody, valuation, seed investments, and risks as the cryptocurrency investment vehicle awaits regulatory approval to trade on Nasdaq. The new filing updates the index used to value the fund’s Bitcoin […]