OpenAI’s Sam Altman seeking $7T to solve the global chip shortage issue

[ad_1] Tech entrepreneur Sam Altman is reportedly looking to raise between $5 trillion and $7 trillion to help fund the production of microchips to increase availability for AI and machine learning, the Wall Street Journal reported on Feb. 8. The funding would be used to establish factories or fund existing chip manufacturing companies, with OpenAI … Read more

Bitcoin Whales Steer Clear Of Significant Short Positions, Show Confidence In Price Surge

[ad_1] Bitcoin traders are exhibiting cautious optimism as they refrain from “substantial short positions,” expecting continued price surges, according to analysts from Bitfinex this week’s Alpha report. Despite Bitcoin’s notable surge that brought the asset to trade as high as above $52,000 for the first time since 2021, analysts note a decrease in the short-squeeze … Read more

Bonded staking in Canada: ETH, SOL, MATIC, DOT, KSM, ATOM, SCRT and KAVA available now!

[ad_1] Available bonded staking assets: Note:  An overview of eligibility criteria (including geographic restrictions) can be found here. If on-chain staking is not showing as an option on your account, you may not be eligible. Here’s some more information about each token: Ethereum (ETH) is a global, open-source platform for decentralized applications. Ethereum is a … Read more

Options Traders Target $4,000 Mark Amid Market Optimism

[ad_1] Ethereum (ETH) is showing a noteworthy pattern in the options market. According to data from Deribit, a leading platform for crypto futures and options trading, there’s a significant concentration of call options for ETH around the $4,000 strike price for both the June and September expiries. Options Traders Anticipate $4,000 Ethereum This accumulation of … Read more

Bitcoin Price Tumbles Amid VanEck ETF’s Volume Surge

[ad_1] Bitcoin experienced a tumultuous day yesterday, with its price briefly touching $53,000 before plummeting to a low of $50,820. Amid this price volatility, an unexpected phenomenon caught the eye of market analysts: a dramatic surge in trading volumes for certain Bitcoin ETFs. Bloomberg’s Eric Balchunas provided a detailed account of this anomaly on X, … Read more

Bitcoin Price Sees Wild Swing Moves, Uptrend To Extend Toward $70K?

[ad_1] Bitcoin price rallied further above $62,000. BTC is now consolidating gains and might soon attempt another upward move toward the $64,000 resistance. Bitcoin price is consolidating gains below the $60,000 resistance zone. The price is trading above $60,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with … Read more

Can Bitcoin Overcome Past Trends? Examining The Pre-Halving Rally And Resistance Levels

[ad_1] Bitcoin (BTC), the largest cryptocurrency in the market by trading volume and capitalization, has embarked on a renewed bullish uptrend, reclaiming previously lost territories and surpassing resistance levels, igniting optimism among investors.  Currently trading just below its 25-month high of $49,000 at $47,900, Bitcoin has experienced a remarkable price increase of over 6% within … Read more

Bitwise Bitcoin ETF approved investment option for $30 billion advisor network

[ad_1] Bitwise Bitcoin ETF Trust (BITB) was recently approved as an investment option for a $30 billion network of Registered Investment Advisors (RIAs). Bitwise CEO Hunter Horsley revealed this development via social media platform X (formerly Twitter) on Feb. 19, noting that advisors within the network are now authorized to allocate funds with BITB, typically … Read more