Category Archive: Cryptocurrency, No picture
Apple partners with Broadcom to develop “Baltra,” its first in-house AI server chip
Key Takeaways Apple is collaborating with Broadcom to develop its first in-house AI chip, expected to enter mass production by 2026. The chip, named Baltra, will focus on processing new data and transferring it to large language models. Share this article Apple is collaborating with Broadcom to develop its first in-house AI server chip, internally […]
US November CPI matches expectations, Fed rate cut likely ahead
Key Takeaways US consumer prices rose 2.7% annually in November, keeping inflation above the Federal Reserve’s 2% target. Traders are anticipating a quarter-point reduction in the federal funds rate at the upcoming Federal Reserve meeting. Share this article Fresh November CPI data out Wednesday showed consumer prices increased as expected, keeping the Federal Reserve on […]
SEC’s Caroline Crenshaw faces intense opposition ahead of Senate vote
Key Takeaways Caroline Crenshaw is criticized for her stance against crypto and spot Bitcoin ETFs. The SEC faces leadership changes amid internal disagreements on crypto regulation. Share this article The Senate Banking, Housing and Urban Affairs Committee is set to decide on the reappointment of Caroline Crenshaw as SEC commissioner tomorrow. Crenshaw’s renomination, however, faces […]
MicroStrategy to join Nasdaq 100 with $2.1 billion in ETF share buying expected
Key Takeaways MicroStrategy is set to join the Nasdaq 100 Index, with an official announcement expected on December 13. MicroStrategy’s Nasdaq 100 inclusion could drive $2.1 billion in ETF share buying. Share this article MicroStrategy is expected to join the Nasdaq 100 Index on December 23, with an official announcement scheduled for this Friday, December […]
Ripple’s RLUSD stablecoin receives final NYDFS approval
Key Takeaways Ripple received final approval from NYDFS for its RLUSD stablecoin, a significant regulatory milestone. RLUSD will be backed by US dollar deposits, short-term US government treasuries, and other cash equivalents. Share this article Ripple has received final approval for its stablecoin, RLUSD, from the New York Department of Financial Services, as confirmed by […]
Italy’s government to drop plans to implement a 42% tax on crypto trading: report
Key Takeaways Italy plans to reduce the proposed crypto capital gains tax from 42% due to industry pushback and political disagreement. An amendment has been proposed to limit the tax increase to 28% instead of the initially planned 42%. Share this article The Italian government will drop plans to increase the tax on crypto capital […]
Microsoft shareholders reject proposal to add Bitcoin to balance sheet
Key Takeaways Microsoft shareholders rejected a proposal to add Bitcoin to its balance sheet. The proposal was declined due to concerns about Bitcoin’s volatility. Share this article Microsoft shareholders voted against a proposal to explore adding Bitcoin to the company’s balance sheet during its annual meeting. The proposal, introduced by the National Center for Public […]
DWF Labs launches $20 million AI agent fund
Key Takeaways DWF Labs has launched a $20 million fund to support AI agent development in the Web3 space. The fund offers up to $100,000 in cloud credits and aims to integrate AI applications into decentralized networks. Share this article DWF Labs, a leading market maker and investor in the digital economy, has introduced a […]
Why O.XYZ believes the journey towards true AI privacy is a much bigger task than we think
Share this article By Ahmad Shadid, Founder of O.XYZThere’s no doubt that we’re seeing unparalleled advancements in artificial intelligence, but beneath all this progress lies an unsettling reality: AI, as we know it, is far from private.Dominated by a handful of centralized powerhouses—our AI landscape revolves around the proprietary models of Google, Microsoft, Amazon, Meta, […]
Microsoft shareholders to vote on Bitcoin investment proposal in an hour, what we should expect?
Key Takeaways Polymarket traders anticipate that Microsoft shareholders are unlikely to support the Bitcoin investment proposal. If approved, a 1% allocation to Bitcoin would make Microsoft the 10th largest public company holding Bitcoin. Share this article Microsoft’s shareholder vote on the Bitcoin investment proposal is approaching, but prediction market traders see only a small chance […]
