Former Tesla, OpenAI exec founds ‘AI native’ education startup Eureka Labs
The startup aims to create virtual teaching assistants using generative AI.
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Is Bitcoin Price Really Influenced by the Grayscale GBTC Premium?
Recently the Grayscale Bitcoin Trust Fund (GBTC) premium to net asset value (NAV) reached its lowest level since November 2018. This premium shows that traders are paying more for GBTC shares than the underlying Bitcoin (BTC) quantity held by the fund.This difference is caused mostly due to retail investors inability to purchase shares directly from…
Ethereum ETFs show mixed signals as ETHE reports $31M outflow
Crypto investments remain volatile as Ethereum ETF flows turn negative, highlighting the market’s rapid evolution.
Japanese Messaging Giant LINE’s LN Token Trading on BitMax
The native token of Japanese messaging giant LINE is now available for trading on crypto exchange BitMax. 965 Total views 24 Total shares Crypto exchange BitMax just made Japanese messaging app LINE’s token available for trading.According to an Aug. 6 notice from LINE, the biggest messaging app in Japan with 84 million active monthly users…
Tether to publish reserve reports in real time in 2024: Bloomberg
Paolo Ardoino, Tether’s chief technical officer and upcoming CEO, said the firm plans to start publishing reserve data in real-time in 2024, according to a report. 304 Total views 2 Total shares Tether Holdings, the issuer of the world’s largest stablecoin by market capitalization, Tether (USDT), is reportedly preparing to update the frequency of releasing
Bitcoin Is World’s Best Performing Asset Class Over Past 10 Years, Says Pompliano
Crypto industry investor Anthony Pompliano says Bitcoin (BTC) will likely fall to 85 percent below its all-time-highs – around $3,000. Pompliano gave his forecast during an interview on CNBC’s Squawk Box Nov. 26.The partner at crypto investment firm Morgan Creek Digital Assets argued that while “Bitcoin was overvalued in Dec. 2017” – with selling pressure…
Bitcoin HODL Waves: 2020 bull market buyers now control 16% of supply
Bitcoin (BTC) has gained a new generatio of “hodler” in the past three years as stubborn investors refuse to sell.Data from the popular HODL Waves metric shows that those who bought Bitcoin in late 2020 are still sitting on their coins.BTC price should go "way higher" for hodlers to sellBitcoin’s longer-term investor cohorts, also known
Binance has appointed new head of ‘Greater China’
It’s not entirely clear when Terence Zeng assumed his leadership role, though the appointment appears to have been recent. 1841 Total views 12 Total shares Following the high-profile appointment of Brian Brooks to CEO of Binance.US, it has come to light that the Malta-based parent company has reshuffled its executive leadership by appointing Terence Zeng…
Crypto derivatives gained steam in 2020, but 2021 may see true growth
2020 was the most important year for the crypto derivatives market so far. Both Bitcoin (BTC) and Ether (ETH) derivatives steadily grew throughout the year, with their futures and options products available across exchanges such as the Chicago Mercantile Exchange, OKEx, Deribit and Binance. On Dec. 31, Bitcoin options open interest reached an all-time high of…