Cathie Wood’s ARK Invest pours $60M into Elon Musk's AI venture

The over-the-counter (OTC) trading desk at cryptocurrency finance firm Circle had a notional volume of $24 billion in 2018, according to an official Medium blog post on Jan. 3.  Per the statement, Circle executed 10,000 OTC trades with 600 different counterparties, at $24 billion in volume. As such, the company claims to have become a…

The court battle over 1.1 million Bitcoin is at a standstill as the jury in the case has been deadlocked for days. 1342 Total views 36 Total shares The court case between Australian Craig Wright and the estate of his now deceased friend David Kleiman over legal rights to tens of billions of dollars worth…

Some of the biggest players in Web2 are striving to create so-called “super apps,” eying the incredible potential growth that tapping into every kind of internet service would enable.  The concept of a super app is that a single company or provider offers access to every kind of service imaginable: payments, messages, gaming, shopping, savings,…

Almost nothing is known about Elon Musk’s latest endeavor, an artificial intelligence startup named xAI. But “almost nothing” is still something. And we can glean a lot from what little we do know.As Cointelegraph recently reported, Musk announced xAI on July 12 in a statement comprising three sentences, “Today we announce the formation of xAI. The…

For the past few days, Bitcoin price (BTC) has ranged between $7,400 to $7,100 and it seems bears are keen to push the price back below $7,000 before this week closes. Earlier in the week, MATIC made headlines after dropping more than 60% in the span of a few minutes and a few other Binance IEO…

Crypto exchange Binance has courted controversy almost since its 2017 beginnings, and five years later, the dustups continue. On June 6, the United States Securities and Exchange Commission was reported to be investigating whether Binance Holdings broke United States securities rules in launching its digital tokens. Meanwhile, on the same day, Reuters published a scathing…

The United States Securities Exchange Commission might be investigated for a "haphazard and heavy-handed approach to digital assets.” 196 Total views 2 Total shares The United States Securities Exchange Commission (SEC) could be investigated for a "haphazard and heavy-handed approach to digital assets,” or, more specifically, for its “sweetheart deal” with crypto platform Prometheum. Such requests…

Miners are still accumulating BTC so far, but continuing depressed prices may up-end the status quo this summer, new analysis says. 2539 Total views 34 Total shares Bitcoin (BTC) fell in line with United States equities on May 31 as the return of Wall Street began with a whimper.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewStocks…

Within the last hour Bitcoin (BTC) price dropped to $8,840. The drop came with less than 8 hours left before the weekly close.A confluence of miners selling more BTC than they mine, Bitcoin recording 6 consecutive lower highs, and the retest of the $8,800 support leaves BTC vulnerable to a severe pullback.Six consecutive lower highs…