PEPE’s ongoing trend mirrors the price behavior that happened before a 40% crash in January. Source link
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Artificial intelligence firm xAI has secured $6 billion in a Series B funding round, according to a May 27 statement. Elon Musk, the company’s founder, revealed that its pre-money valuation was $18 billion, meaning this latest funding round boosted its valuation to $24 billion—a significant milestone considering the firm launched…
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Cointelegraph heard from Gracy Chen, the newly appointed CEO of Bitget, to understand her strategy leading a top crypto exchange as a female in a male-dominated industry. Source link
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Global ETFs According to Bold.report data, all Bitcoin exchange-traded funds (ETFs) collectively hold over one million Bitcoin, a milestone first achieved on March 12. These ETFs are distributed across several countries, including the US, Sweden, Hong Kong, Germany, Switzerland, Canada, Brazil, and Australia. US-based ETFs lead the pack, with Grayscale…
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Diving into the Aggregate Layer with Brendan Farmer to determine the implications it will have upon latency, liquidity fragmentation, and more. Source link
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Quick Take Data from The Block shows that as of May 2024, hedge funds have taken a notable bearish stance on Bitcoin, holding the largest net short positions in CME Micro Bitcoin Futures since the end of 2021. These micro contracts, each representing 0.1 BTC, cater to traders seeking precise…
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Despite an eight-year headstart, xAI’s Grok could become a chatGPT competitor by the end of 2024, according to Musk. Source link
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Ethereum’s price has climbed to a two-month high of more than $3900 less than a week after the US Securities and Exchange Commission (SEC) approved 19b-4 filings for eight spot exchange-traded funds (ETF)-related to the digital asset. This caps a week of positive performance for Ethereum, significantly outpacing the top…
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Bitcoin is consolidating and BTC price bets are building — where will BTC/USD head next? Source link
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Quick Take MicroStrategy, which holds a significant 214,400 Bitcoin on its balance sheet, has experienced a remarkable 146% rise in share price this year, pushing its market cap to approximately $30 billion. This impressive performance has earned the company inclusion in major stock indexes. On May 15, Reuters reported that…