AI boosts Meta and Microsoft Q3 earnings, but outlook sours stock prices

Roughly $500 million worth of cryptocurrency futures positions were liquidated in the past 24 hours. The mass liquidation of positions happened before the price of Bitcoin (BTC) dipped below $34,000 on Jan. 17.Bitcoin total liquidations. Source: Bybt.comWhy were so many positions liquidated?Overnight, the price of Bitcoin rose by 6.7% from $35,500 to nearly $38,000. Meanwhile,…

Bitcoin (BTC) continues to face strong selling as bulls attempt to flip the psychological level at $60,000 into support. Some analysts believe that Bitcoin could enter a correction as traders book profits following the successful launch of last week's Bitcoin exchange-traded funds.In the past, the launch of the Bitcoin Futures product by the Chicago Mercantile…

The U.K. says the investments will help its local scientific talent have the tools they need to ensure that the most advanced AI models are up to safety standards. 194 Total views 1 Total shares The United Kingdom announced on Nov. 1 after the conclusion of the first day of its global AI Safety Summit

Kamala Harris has given cryptocurrency fans little to be hopeful about — despite some of the milquetoast rhetoric from her supporters.

The CEO of GIVE Nation sees stablecoins as a gateway for companies like Facebook and JP Morgan to decentralized assets. 539 Total views 29 Total shares Speaking to attendees at Virtual Blockchain Week from her home in Kansas, Alyze Sam, co-author of a major guide to stablecoins, suggested stablecoins could be the key for big…

Major U.S.-based content delivery network (CDN) CloudFlare has introduced a new decentralized content gateway via its InterPlanetary File System (IPFS), the firm announced in a blog post September 17.The announcement was made during Cloudflare Crypto Week, a week devoted to the adoption of new cryptography-powered technologies. Cloudflare’s IPFS Gateway is the first product to be…

Bitcoin is consolidating and BTC price bets are building — where will BTC/USD head next?

Bullish momentum has returned to the cryptocurrency market, with Bitcoin leading the charge towards new all-time highs. 680 Total views 23 Total shares The total market capitalization of all cryptocurrencies rose to new all-time highs on Wednesday, capping off a dramatic months-long recovery that reaffirmed the bullish narrative for Bitcoin (BTC) and Ether (ETH).The crypto…