OpenAI Sees Trademark Triumph in an Attempt to Stop “Misleading Branding”

OpenAI has reportedly won a case to keep the name “OpenAI” as its trademark. According to Reuters, Sam Altman’s firm blocked another company’s use of the trademark name in commerce. The court case win comes at a time when the firm is already battling a few other legalities. OpenAI Wins Trademark Battle According to Reuters, […]

Vanguard CEO to Retire, Will The Firm Rescind its Anti-Bitcoin ETF Policy?

In a statement issued on Thursday, Vanguard announced that Tim Buckley, the current Chairperson and CEO who has been in the position for over three decades, will retire by the end of 2024. Therefore, following the exit of Buckley, analysts and investors are attracted by the speculation and criticism of subjects like Bitcoin  ETFs made […]

Ethereum Scaling Network Blast Goes Live, $2.3B Freed

The Ethereum layer-2 scaling solution, Blast, has officially launched its mainnet, marking a significant milestone in cryptocurrency. This launch has facilitated the release of over $2.3 billion in crypto assets previously locked up by users seeking to earn rewards through staking and participating in airdrop campaigns. The initiative, spearheaded by the founder of the top […]

Bitcoin Miners’ Reserves Stable Amid $40B Exchange Transfers

Bitcoin miners have kept their wallet reserves stable throughout February despite substantial financial movements within the cryptocurrency sector. According to recent data from CryptoQuant, miners’ Bitcoin holdings showed minimal fluctuation during the month, starting at 1.827 million BTC on February 1 and slightly increasing to 1.828 million by February 28. This stability comes amid a […]

Another Grayscale SEC Lawsuit Speculation Brewing, Here’s Reason

Known as historical legal opponents, the court drag between Grayscale Investments and the United States Securities and Exchange Commission (SEC) does not appear to be ending anytime soon. SEC Stalling on Bitcoin ETF Options Trading Decision From current speculations by legal experts in the industry, there are strong possibilities that Grayscale may choose to pursue […]

Wells Fargo Opens Spot Bitcoin ETF Trading To Clients

The spot Bitcoin ETF movement is gaining enormous traction in such a short period and this is attracting more institutional investors into the ecosystem. Wells Fargo Latest to Join Spot Bitcoin ETF Train The brokerage unit of popular American banking giant Wells Fargo has started offering its customers access to spot Bitcoin ETFs. Upon request, […]

LedgerPrime Revives as MNNC Group Post-FTX, Eyes 40% Returns

The crypto hedge fund, previously known as LedgerPrime, has been relaunched under a new identity, MNNC Group, which promises to be a comeback for the organization following the bankruptcy of FTX. This rebranding is positioned as a shift in the investment landscape for crypto to harness the team’s experience, including the former LedgerPrime members. Among […]

OKX and Uniswap Team Up to Eliminate Trading Gas Fees

OKX, a prominent cryptocurrency exchange, has announced its integration with Uniswap Labs‘ application programming interface (API). This collaboration introduces a revolutionary feature named “Snap,” which aims to facilitate gas-free trading on OKX’s decentralized exchange (DEX). According to Jason Lau, Chief Innovation Officer at OKX, this feature simplifies the process of decentralized token swapping, leveraging the […]

Spot Bitcoin ETF: BlackRock To Launch IBIT In Brazil

Top investment asset management firm BlackRock is moving very fast in its spot Bitcoin ETF journey as the firm is currently eyeing Brazil as the next country to launch its flagship BTC fund – IBIT.  BlackRock Spot Bitcoin ETF to Expand to Brazil Less than two months after receiving approval from the United States Securities […]

Bitcoin’s Supply and Demand Imbalance in Limelight; Price Surge Ahead?

Bitcoin prices shot up to $63K during an upbeat trading session on Thursday. The bullish trading sentiments were buoyed by an increase in inflows for Bitcoin ETFs and risk appetite for investors. However, one elephant in the room that hasn’t been recognized yet is the supply and demand imbalance. Bitcoin Demand Stays Higher Than Supply […]