OpenAI says latest o1 model on ‘new level’ can ‘think before it answers’
OpenAI claims its newest model, OpenAI o1, is so advanced it was “resetting the counter back to one” for naming its AIs.
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A letter to Zuckerberg: The Metaverse is not what you think it is
Dear Lord Sugar Mountain,Attention: to my Facebook friend who is building a version of the metaverse that nobody wants as a starter.The last few years must certainly not have been easy. Your business model centered around polarization and, subsequently, outrage has ironically unified many of us against relying too much on your social media platform.…
3 reasons why $65K marks the bottom for Bitcoin
Bitcoin's resilience amid price drops indicates strengthening support at the $65,000 level.
BTC price hits new December low as Bitcoin dips 2% with Asia stocks
Bitcoin (BTC) hit new month-to-date lows on Dec. 7 as Asian markets fell during trading.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$16,500 stands as support as BTC price wobblesData from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to lows of $16,736 on Bitstamp, a level not seen since Nov. 30.The pair thus began to erase…
Bitcoin Options Data Shows Investors Betting on $50K BTC Price in 2021
Over the past three weeks, $150,000 worth of Bitcoin (BTC) $50K call options for June and December 2021 strikes have been traded. LedgerX derivatives exchange has been intermediating these ultra bullish trades, but what could be the rationale behind them?There are some good reasons for buying options with such small odds, but paying $1,000 for…
Institutional investors shorting Bitcoin made up 80% of weekly inflows
Digital asset product inflows were dominated by the $51.4 million posted by short BTC funds last week, with ETH products generating the next highest figure at just $4.9 million. Institutional investors loaded up on a record $51.4 million worth of investment products offering exposure to shorting the price of Bitcoin (BTC) last week. According to…
Central bank plans to make CBDC ‘only legal digital tender’ in Indonesia, says gov
“Collaboration and synergy on national and international level is critical to the development of Digital Rupiah,” said Perry Warjiyo. Own this piece of crypto history Collect this article as NFTBank of Indonesia governor Perry Warjiyo has announced developments in its plans to launch a central bank digital currency, or CBDC, for “various digital economic and…
Price Analysis 11/09: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, ADA
The trade war between the United States and China has stoked fears of a recession. According to a survey by eToro, if a recession occurs, 40% of millennials would prefer to invest in crypto. However, Generation Z and Generation X investors are not convinced by crypto as they have chosen real estate and commodities as…
Vietnam: Crypto Mining Firm CEO Allegedly Flees With $35 Mln in Investor, Company Funds
The CEO of Vietnamese cryptocurrency mining firm Sky Mining has reportedly disappeared with investor and company funds worth an alleged $35 million, local media outlet VNExpress reported July 29. According to VNExpress, Sky Mining CEO Le Minh Tam disappeared a week ago, appearing to organize a cleanout of company assets. VNExpress notes that Sky Mining…