BTC price strength will be back with a vengeance early in 2025, analysis predicts, but the US Presidential Election will bug Bitcoin bulls until Inauguration Day. Read More at https://cointelegraph.com/news/bitcoin-price-needs-2-months-return-above-macro-trend-forecast?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
OpenAI in talks with regulators to become a for-profit company: Report
The $157 billion artificial intelligence giant wants to keep its nonprofit arm to pursue its mission of benevolent AI development. Read More at https://cointelegraph.com/news/chat-gpt-creator-openai-in-talks-for-profit-company?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘Calm before the storm’ — Bitcoin volatility stalls ahead of US election
After notching a three-month high last week, Bitcoin volatility has flattened out as traders await the outcome of the US election with bated breath. Read More at https://cointelegraph.com/news/calm-before-the-storm-bitcoin-volatility-stalls-as-markets-await-election-results-bitfinex?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Meta opens Llama AI model up to US military
Meta said sharing open-sourcing AI tech within the US and to its allies will play a role in helping it preserve their “technological edge” over China and other competitors. Read More at https://cointelegraph.com/news/meta-allows-us-military-access-llama-ai-model-for-national-security?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US Bitcoin ETFs notch second-largest daily outflow on eve of election
The 11 US spot Bitcoin ETFs recorded a net outflow of $541.1 million for Nov. 4, their second-largest outflow day in history. Read More at https://cointelegraph.com/news/us-bitcoin-etf-outflows-second-highest-amid-election?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Robinhood, Kraken, Paxos launch Global Dollar stablecoin network
A swathe of major firms from traditional finance have partnered to launch the Global Dollar Network, a regulation-compliant network designed to accelerate the adoption of stablecoins. Read More at https://cointelegraph.com/news/robinhood-kraken-paxos-launch-global-dollar-stablecoin-network?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Semler Scientific ‘laser-focused’ on buying Bitcoin, says CEO
Medical device firm Semler Scientific has spent $71 million to buy 1,058 Bitcoin, adding another 181 Bitcoin to stash over Q3 and into the start of November. Read More at https://cointelegraph.com/news/semler-laser-focused-buying-bitcoin-increases-holdings?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Marathon, Riot record highest monthly BTC production since April halving
Both firms partly attributed the rise in Bitcoin production to increasing their respective energized hash rates in October. Read More at https://cointelegraph.com/news/marathonriot-highest-monthly-bitcoin-production-since-the-halving?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Microsoft risks shareholder lawsuit if it ignores Bitcoin and prices rise — NCPPR
Microsoft has a “fiduciary duty” to do what is in the financial interests of shareholders and knocking back Bitcoin could go against those interests, a policy research center executive explained. Read More at https://cointelegraph.com/news/microsoft-could-face-shareholder-suit-bitcoin-proposal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
These crypto ETFs are 'call options' on the US elections
The US presidential race could determine the fate of more than half a dozen proposed crypto ETFs. Read More at https://cointelegraph.com/news/these-crypto-etfs-call-options-us-elections?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound