Statistics reveal that Grayscale’s Bitcoin Trust (GBTC) has offloaded a further quantity of bitcoin, with the fund’s holdings decreasing from Tuesday’s 552,681.22 bitcoin to Wednesday’s total of 536,694.93 bitcoin. Over the last day, the fund experienced an outflow of 15,986.29 bitcoin, as per data from the official website.
Grayscale’s Bitcoin Trust Reduces Holdings by Over 15,900…
Bitcoin ETFs to Likely Divert Users and Trading Volumes Away from CEXs, Says Anthony Bevan
January 25, 2024
Recently approved spot bitcoin exchange-traded funds (ETFs) are likely to divert investor interest and trading volume away from centralized exchanges (CEXs), according to Anthony Bevan, CEO of the wealth management firm Blockguard. Bevan, a full-time trader and investor…
A U.S. blockchain and lending startup is seeking the U.S. Securities and Exchange Commission’s permission to issue an interest-bearing stablecoin. The startup said the digital token will be used as an alternative to existing stablecoins such as tether and USDC.
Figure…
Bitcoin’s price dynamics on Jan. 24, 2024, present a complex picture of market fluctuations and investor sentiment. With crypto prices oscillating between $39,878 and $40,069 in the past hour and a broader 24-hour range of $38,505 to $40,515, the cryptocurrency exhibits notable volatility.
Bitcoin
Bitcoin’s market capitalization stands at $785 billion, with a 24-hour trade volume of $27.02…
Solana Unleashes Token Extensions to Enhance SPL Token Standard
January 25, 2024
On Wednesday, Solana Labs unveiled the launch of token extensions, marking a noteworthy advancement in the SPL Token standard. The blockchain network’s token extensions aim to provide a suite of solutions for businesses transitioning to distributed ledger technology…
Following an examination launched in November 2022, FINRA claims widespread potential violations in the way member firms communicate about crypto assets.
FINRA Report Alleges Misinformation in Crypto Asset Marketing
In a report released on Jan. 23, the Financial Industry…
AWS rival Wasabi acquires Curio AI to add intelligence to its unlimited cloud storage offering
January 24, 2024
Boston-based Wasabi Technologies, a data storage startup taking on the likes of AWS, GCP and other cloud vendors, today announced it has acquired machine learning platform Curio AI from GrayMeta, the known provider of metadata solutions based in California.
While the companies did not disclose the exact financial terms of the deal, Wasabi did note in a press release that the deal will help enable…
Discover how edYOU uses AI to empower students with disabilities through specialized tutoring programs
January 24, 2024
Starting in the 1970s, the United States began a journey of progressive change in the way students with disabilities are treated and the levels of help provided for them. Over the next fifty years, the country adopted one law after another to ensure students with…
As the demand for AI continues to grow, a new category of tools helping with development and deployment is coming to the scene. Case in point: RagaAI, a California-based startup offering a platform to test and fix AI, today emerged from stealth with $4.7 million seed funding…
Google’s popular web browser, Chrome, is getting a makeover with the latest release of Chrome M121, which introduces three new generative AI features that aim to make browsing easier, more efficient and more personalized.
The new features, which are available as experimental options for Chrome users in the U.S. on Macs and Windows PCs, leverage Google’s advanced machine learning and AI…