Month: October 2024

Cathie Wood doubles down on OpenAI with $250 million financial investment
Daily Crypto News

Cathie Wood doubles down on OpenAI with $250 million financial investment

Company Home” Business” Cathie Wood doubles down on OpenAI with $250 million financial investment by Estefano Gomez Oct. 2, 2024 Ark Venture’s 2nd financial investment in OpenAI reinforces its dedication to AI development in the middle of increasing competitors in the sector. Secret Takeaways Cathie Wood’s Ark Venture invests $250 million in OpenAI’s $6.6 billion…

Financiers Lost Record High $5.6 B to Crypto Scams in 2023, FBI Says
Daily Crypto News

Financiers Lost Record High $5.6 B to Crypto Scams in 2023, FBI Says

Financiers lost a record $5.6 billion to crypto-related monetary criminal offense in 2023, up 45% from 2022, according to a brand-new report from the Federal Bureau of Investigation’s (FBI) Internet Crime Complaint. According to the report released Monday, financial investment scams was the most prevalent– and costly– kind of crypto-related scams in 2023. Of the…

Could This Be 2024’s Next Big Meme Coin? Pepe Unchained Presale Raises Over $15M
Daily Crypto News

Could This Be 2024’s Next Big Meme Coin? Pepe Unchained Presale Raises Over $15M

Pepe Unchained is the current meme coin getting everybody’s attention. It’s currently made its mark by raising over $15 million in its presale stage. The huge concern is: does Pepe Unchained (PEPU) have what it takes to be 2024’s most advanced meme coin? Pepe Unchained Presale Raises $15M as Investors Join the Action The Pepe…

Congressman Khanna backs Bitcoin tactical reserve as Democrats look for a ‘crypto reset’
Daily Crypto News

Congressman Khanna backs Bitcoin tactical reserve as Democrats look for a ‘crypto reset’

Policy Home” Regulation” Congressman Khanna backs Bitcoin tactical reserve as Democrats look for a ‘crypto reset’ by Estefano Gomez Oct. 2, 2024 Legislators compare Bitcoin reserve proposition to Louisiana Purchase. Secret Takeaways Bipartisan assistance emerges for utilizing took Bitcoin as a United States tactical reserve. Proposition compared to Louisiana Purchase, highlighting its prospective effect. Share…

Trump-Harris Debate: Polymarket Shows Slim Odds of Crypto Mention
Daily Crypto News

Trump-Harris Debate: Polymarket Shows Slim Odds of Crypto Mention

Cryptocurrency has actually come a long method. As soon as unknown, the innovation now has a shot at being pointed out in Tuesday night’s U.S. governmental dispute in between Donald Trump and Kamala Harris. A long shot, however still a shot. 21:33 Is Ethereum the ‘Blackberry’ of Crypto? 01:28 Secret Indicator Lends Credence to $100,000…

Here’s How Solana Can Reach 50% of Ethereum’s Market Cap: VanEck Research
Daily Crypto News

Here’s How Solana Can Reach 50% of Ethereum’s Market Cap: VanEck Research

Ethereum utilized to control practically all non-Bitcoin blockchain sectors in the market however has actually slowly lost a few of its grip over particular markets to rivals like Solana. VanEck’s research study department, MarketVector, chose to dive deep into the fight in between the 2 layer-1 leviathans to see what’s what. The report, authored by…

Franklin Templeton sends Bitcoin & Ethereum index ETF proposition to SEC
Daily Crypto News

Franklin Templeton sends Bitcoin & Ethereum index ETF proposition to SEC

Guideline Home” Regulation” Franklin Templeton sends Bitcoin & & Ethereum index ETF proposition to SEC by Estefano Gomez Oct. 2, 2024 ETF proposition by Franklin Templeton consists of Bitcoin and Ethereum, pending SEC’s strict examination. Secret Takeaways Franklin Templeton’s brand-new ETF integrates Bitcoin and Ethereum in a single fund. SEC’s approval depends upon anti-fraud procedures…

Stablecoins vs Tokenized Deposits: Why the Differences Matter
Daily Crypto News

Stablecoins vs Tokenized Deposits: Why the Differences Matter

Tokenized deposits and stablecoins might seem like the exact same thing, considered that they are both fiat-on-chain. They are really unique ideas, and the distinction matters not simply for usage cases and our understanding of blockchain capacity, however likewise for how policy can develop. They likewise both emphasize, in various methods, how our understanding of…

Dogecoin (DOGE) Could Surge by Another 30% if its Price Holds This Level: Analyst
Daily Crypto News

Dogecoin (DOGE) Could Surge by Another 30% if its Price Holds This Level: Analyst

Dogecoin’s rate has actually been on a roll in the previous couple of weeks, having actually risen by about 30% given that September 7. Current information offered by the popular cryptocurrency expert Ali mean another comparable rally ought to the meme coin decisively dominate the $0.11 resistance. Together with the remainder of the market, DOGE…

SEC submits appeal in Ripple case, putting XRP ETF on hold
Daily Crypto News

SEC submits appeal in Ripple case, putting XRP ETF on hold

Guideline Home” Regulation” SEC submits appeal in Ripple case, putting XRP ETF on hold by Estefano Gomez Oct. 2, 2024 The SEC’s appeal in the Ripple case casts unpredictability over Bitwise’s proposed XRP ETF. Secret Takeaways The SEC’s appeal in the Ripple case has actually stopped the development of the Bitwise XRP ETF. Ripple’s capability…