This week witnessed a 5% uptick in bitcoin’s value, while ethereum experienced a 1.6% dip over the same period. Leading the charge among the top 100 cryptocurrencies, stacks (STX) soared 29.2%, with osmosis (OSMOS) closely trailing with a 17% increase against the U.S. dollar.
Mixed Week for Crypto: Stacks Witnesses 29% Surge, Heavy Losses for Many
Among the top 100 cryptocurrencies by market…
Ark Invest CEO Expects Spot Bitcoin ETFs to Attract 'Substantial' Institutional Flows, Pushing BTC 'Much Higher'
January 9, 2024
Ark Invest CEO Cathie Wood expects spot bitcoin exchange-traded funds (ETFs) to move the price of bitcoin “much higher.” The securities regulator is expected to make a decision on spot bitcoin ETFs by Wednesday. “We think that the SEC approval, should we and others get…
Crypto Exchange Bitmex Sends Physical Bitcoin to the Moon — Expects to Land on Lunar Surface Next Month
January 9, 2024
Cryptocurrency derivatives exchange Bitmex is sending a physical bitcoin to the moon. “The bitcoin wallet in the shape of one coin will land on the Moon aboard the Peregrine spacecraft, making this the first financial asset to touch the lunar surface!” Bitmex…
Luetkemeyer's Exit Sets Up Potentially Crypto-Friendly Turn in House Banking Committee
January 9, 2024
Rep. Blaine Luetkemeyer’s retirement at the end of 2024 opens the door for a new era in cryptocurrency regulation, with Rep. French Hill (R-Ark.) poised to lead the charge in the House Financial Services Committee.
Shift in House Financial Services Committee Leadership Could Lead to More Progressive Crypto Legislation
In a move that could impact the future of cryptocurrency regulation, U.S. Rep.
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has issued warnings about crypto investing amid soaring anticipation for potential spot bitcoin ETF approvals. The SEC chief stressed that crypto investors “should understand they may be deprived of key…
Japanese automaker Honda has been, shall we say, laying very low when it comes to developing a decent electric vehicle, although we can expect its second EV attempt in the US, the Prologue, soon. After calling off beats with GM to “beat out Tesla” with a cheap SUV, it…
The National Renewable Energy Laboratory (NREL) has recently announced a hardline approach that bans the entrance of electric bicycles by visitors or staff due to safety concerns.
The NREL is a federally-funded R&D center that focuses on sustainable energy solutions, including research into solar energy and energy efficiency, among others.
According to the NREL’s fire marshal Nicholas…
Vietnamese EV maker VinFast has announced a new CEO at the helm, and an aggressive new strategy to expand globally while gaining a foothold in the US. In addition to announcing plans for a $2 billion in factory in India, it just announced a fresh crop of dealership openings…
Nabla, a French startup building an AI copilot to accelerate how doctors work with patients, today announced it has raised $24 million in a series B round of funding.
The investment comes from Cathay Innovation and Zebox and will be used to build out Nabla’s offering and…
Takashi Kiryu, president of Square Enix, dropped a letter about his plans to ring in the new year. In it, he didn’t announce any dramatic changes, but he explained his interest in both investing in the Japanese company’s core business and expanding into new areas like films, TV, XR and AI.
Square Enix is one of the biggest triple-A game companies in Japan and it typically forecasts its…
