Coca‑Cola pours $1.1B into generative AI experiment with Microsoft
Microsoft intends to use services like Azure OpenAI Service and Copilot for Microsoft 365 to help drive AI innovation for the Coca‑Cola Company and its network of independent bottlers worldwide.
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Upside capped at $980B total crypto market, according to derivatives metrics
It is becoming increasingly challenging to support a bullish short-term view for cryptocurrencies as the total crypto market capitalization has been below $1.4 trillion for the past 146 days. Furthermore, a descending channel initiated in late July has limited the upside after two strong rejections.Total crypto market cap, USD. Source: TradingViewThe 1% weekly negative performance…
US senators Lummis, Gillibrand reveal working on bipartisan crypto legislation
Senator Cynthia Lummis has won support from a Democrat senator for her new digital asset bill. 157 Total views 3 Total shares United States Senator from New York Kirsten Gillibrand revealed working with Senator Cynthia Lummis on a broad-based regulatory framework for the crypto industry on Thursday during a live event in Washington, D.C. As Gillibrand specified,…
Rwandan Government to Use Blockchain Tech to Track Conflict Metal Tantalum
Rwanda has partnered with a U.K.-based blockchain startup to trace the mining of the conflict metal tantalum in the country, according to the startup’s press release, published Oct. 16.Rwanda is the world’s leading produces of tantalum, the mineral used in consumer electronics such as smartphones and computers. By using blockchain technology in partnership with startup…
Is Bitcoin set for 400% gains against gold? Veteran analyst weighs in
Bitcoin could grow by over 400% versus gold in the coming months, according to a technical setup shared by seasoned analyst Peter Brandt.
Nigeria’s Patricia crypto exchange seeks to explain its token amid confusion
Patricia clarified that it will operate similarly to an IOU (I owe you) document, serving as a means for the exchange to acknowledge its debt to its users. 196 Total views 1 Total shares The announcement of Patricia Token (PTK) by Nigerian crypto exchange Patricia was greeted by users with scepticism and some suspicion, as they
Research: Blockchain Technology to Be Standardized by 2021
Blockchain technology will most likely be standardized by 2021, according to American business and financial services company Moody's.Per the research report published on Sept. 5, these standards will probably be established in the blockchain industry by 2021 and will be positive for “future securitisations using the technology.” The company claims that this could result in…
IDEG, Coinbase Custody Launch Bitcoin Trusts in Apparent First for Asia
Digital asset manager IDEG is launching what it claims are Asia’s first Bitcoin (BTC) trusts.The two new funds — Asia Bitcoin Trust I and Atlas Mining Trust I — were officially announced in a press release on Dec. 8, confirming an earlier disclosure from the firm in Hong Kong in late November. Coinbase Custody will act…
Bitcoin ‘ascendant’ as GameStop saga unfolds, Bitfinex CTO says
The GameStop short squeeze and Bitcoin have a lot more in common than appears at the surface, according to Paolo Ardoino. 485 Total views 5 Total shares The sudden rise of stocks like GameStop (GME) have shined a positive light on Bitcoin (BTC), as more retail investors look to “rail against” the financial status quo,…