Monthly archives: September 2023

Amazon has agreed to invest $4 billion into the artificial intelligence startup Anthropic to develop high-performing foundation models. News Join us on social networks Amazon and artificial intelligence (AI) startup Anthropic have announced a new investment agreement to aid the research and development of new high-performing foundation models.  In a post on X (formerly Twitter), …

Continue reading “Amazon invests $4B in Anthropic AI startup”

The e-CNY app now allows tourists to top-up their wallets using Mastercard and Visa payments with a “recharge first and use later” option. News Join us on social networks Tourists planning to visit the People’s Republic of China can now pre-charge their digital yuan wallets using Visa and Mastercard payment options as the nation continues …

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The announcement of yet another top figure departing Binance coincided with an increased outflow of funds from the crypto platform. But can one executive resignation really have such an impact? Follow up Join us on social networks On Sept. 13, news broke of yet another high-level executive parting ways with Binance.US.  This time, it was …

Continue reading “Binance exit aftershock: Can one resignation tip the crypto trust scales?”

MicroStrategy bought the latest Bitcoin stash at an average price of $27,053 per coin, or 9% lower than the average purchase price of its entire BTC purchase. News Join us on social networks MicroStrategy, a business intelligence firm and major Bitcoin (BTC) investor, is sending a bullish signal to the market by announcing the acquisition …

Continue reading “MicroStrategy buys $147M worth of Bitcoin, now holds 158K BTC”

Widely followed crypto analyst Benjamin Cowen says that a lot of altcoins are being primed for another collapse some time this year without a recovery. In a new video update, Cowen tells his 787,000 YouTube subscribers that an “altcoin reckoning” is on the horizon – one that many crypto assets won’t ever come back from. …

Continue reading “Many Altcoins Won’t Recover After Massive Collapse, Says Crypto Analyst Benjamin Cowen – Here’s His Forecast”

New data from IntoTheBlock reveals that Bitcoin (BTC) is showing relative strength against the stock market amid declining macroeconomic conditions. In a new article, Lucas Outumuro, the analytics firm’s head of research, says that the crypto king’s price action last week has been “remarkable” while the stock market tumbled. “As expected, the Federal Reserve did …

Continue reading “Bitcoin Flashing Relative Strength Against Stock Market Despite Deteriorating Macro Conditions: Analytics Firm”

Bitcoin starts the week with a trip to $26,000 — can BTC price strength overcome sellers and a weekly “death cross?” Markets News Join us on social networks Bitcoin (BTC) starts the last week of September with a retest of $26,000 as a stubborn range persists. An unimpressive weekly close sets the tone for the …

Continue reading “US gov’t shutdown looms — 5 things to know in Bitcoin this week”

Mixin Network suspended all deposits and withdrawals and will restart the services “once the vulnerabilities are confirmed and fixed.” News Join us on social networks Decentralized peer-to-peer network Mixin Network has lost approximately $200 million in a hack involving the compromise of the database of a third-party cloud service provider. On Sept. 25, Mixin Network …

Continue reading “Mixin Network hack drains $200M from mainnet assets”

A wallet associated with Ethereum co-founder Vitalik Buterin was flagged sending 400 ETH, worth around $600,000, to Coinbase. News Join us on social networks Blockchain sleuths have flagged several Ether (ETH) transactions from a wallet associated with Ethereum co-founder Vitalik Buterin in September 2023, totaling over $3.9 million. Separate blockchain monitoring profiles shared details of …

Continue reading “Vitalik wallet sends 400 ETH worth $600K to Coinbase”