BTC price strength will be back with a vengeance early in 2025, analysis predicts, but the US Presidential Election will bug Bitcoin bulls until Inauguration Day. Bitcoin (BTC) will bounce back “above the macro trend,” but only in 2025, a new prediction says. In his latest X content on Nov. 4, Keith Alan, co-founder of...Continue Reading
Meta said sharing open-sourcing AI tech within the US and to its allies will play a role in helping it preserve their “technological edge” over China and other competitors. Social media and tech firm Meta has just opened up its artificial intelligence model Llama to the United States military and defense contractors for national security...Continue Reading
After notching a three-month high last week, Bitcoin volatility has flattened out as traders await the outcome of the US election with bated breath. Bitcoin volatility, a measurement of expected price fluctuation, has seemingly stalled as traders await the outcome of the United States election. Analysts from Bitfinex say this could just be the “calm...Continue Reading
The $157 billion artificial intelligence giant wants to keep its nonprofit arm to pursue its mission of benevolent AI development. OpenAI, the creator of ChatGPT, is reportedly in preliminary talks with California and Delaware regulators with the goal of transforming the firm into a for-profit structure. The company, which is currently valued at $157 billion,...Continue Reading
The 11 US spot Bitcoin ETFs recorded a net outflow of $541.1 million for Nov. 4, their second-largest outflow day in history. United States-based Bitcoin exchange-traded funds (ETFs) have recorded their second-biggest day of outflows in history, just a day before the country heads into a tightly contested election. The 11 spot Bitcoin (BTC) ETFs...Continue Reading
A swathe of major firms from traditional finance have partnered to launch the Global Dollar Network, a regulation-compliant network designed to accelerate the adoption of stablecoins. A swathe of traditional finance and crypto companies, including Robinhood, Galaxy Digital, Kraken, and Paxos, have formed a consortium supporting the latest stablecoin pegged to the United States dollar. ...Continue Reading
Medical device firm Semler Scientific has spent $71 million to buy 1,058 Bitcoin, adding another 181 Bitcoin to stash over Q3 and into the start of November. Semler Scientific says it plans to continue amassing Bitcoin after third-quarter results showed the company added another $2.6 million of Bitcoin to its coffers since October. “We remain...Continue Reading
Both firms partly attributed the rise in Bitcoin production to increasing their respective energized hash rates in October. Bitcoin miners Marathon Digital and Riot Platforms have just signalled their highest monthly Bitcoin production since the Bitcoin halving in April — signaling a strong rebound since miner rewards were halved. Marathon produced 717 Bitcoin (BTC) —...Continue Reading
Microsoft has a “fiduciary duty” to do what is in the financial interests of shareholders and knocking back Bitcoin could go against those interests, a policy research center executive explained. Microsoft could risk being sued by shareholders if it ultimately determines not to invest in Bitcoin and the price rises, according to the policy research...Continue Reading
2025 will be TON’s year of DeFi, and it has partnered with Curve Finance to support a competition to find early leaders. The approaching new year will be the year of decentralized finance (DeFi) on The Open Network (TON) blockchain, developer TON Foundation has declared. Decentralized exchange Curve Finance joined in to start the process,...Continue Reading
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