CryptoNews

9 New ETFs Capture 177,949 Bitcoin, Pulling Nearly 40M BTC off Market After GBTC Outflows

February 5, 2024
In the latest reports, a number of the nine spot bitcoin exchange-traded funds (ETFs) that were launched on Jan. 11, 2024, have increased their bitcoin holdings following the last day of trading activity recorded on Feb. 2, 2024. According to the data, Blackrock’s IBIT now possesses 72,466.64 bitcoin, valued at $3.12 billion, and Fidelity’s Wise Origin ETF, FBTC, currently owns 60,054.87 BTC…
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CryptoNews

Coinbase Sees Positive Setup for Bitcoin as Exhaustion Hits Factors Pressuring BTC

February 5, 2024
Cryptocurrency exchange Coinbase says many technical factors pressuring bitcoin, and crypto more broadly, are starting to be exhausted. “We expect macro factors to become more relevant for the digital asset class in the weeks ahead, which could be supportive for performance,” Coinbase’s analysts detailed. Coinbase’s Crypto Outlook Cryptocurrency exchange Coinbase (Nasdaq: COIN) published…
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AI & RoboticsNews

Coris raises $3.7M, sets sights on AI-driven paradigm shift in SMB risk management

February 2, 2024
California-based fintech startup Coris has announced $3.7 million in seed funding today to scale its AI-powered risk management platform. The company aims to bring automation and intelligence to the archaic processes still used by many financial services firms to evaluate risk for small and medium-sized business (SMB) customers.   The seed round was co-led by top enterprise AI investor Lux…
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Cleantech & EV'sNews

Premium e-bike brand Gocycle unveils the sleekest-looking cargo bike you've ever seen

February 2, 2024
If you know anything about Gocycle, you’ll know that they make fancy electric bikes designed with sleek, exotic designs. Now, the company is leaning hard into its lightweight, futuristic design legacy as it unveils the new Gocycle CXI Family Cargo Bicycle. And it makes sense, considering that Gocycle’s founder and designer Richard Thorpe was formerly an engineer at McClaren. That same…
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