Bitcoin back above $65K as traders shake off Mt. Gox BTC transfers
Traders ignored the news that Mt. Gox transferred billions of dollars in BTC and instead focused on pushing Bitcoin price above $65,000.
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Wealth managers gain exposure to Bitcoin via Grayscale, according to new SEC filings
The Grayscale Bitcoin Trust, which trades under the ticker symbol GBTC, is being snatched up by institutional managers looking for more traditional exposure to digital assets. 209 Total views 4 Total shares New filings with the United States Securities and Exchange Commission, or SEC, reveal that four wealth management companies have acquired shares of Grayscale’s…

Portal partner with Polygon to advance DeFi on Bitcoin
Polygon’s scaling solution hosts in excess of 400 decentralized applications across a 1.5 million user base. 507 Total views 12 Total shares Decentralized exchange, or DEX, and self-custody wallet platform, Portal, has announced a strategic partnership agreement with layer-2 blockchain network, Polygon to advance Bitcoin functionality in the decentralized finance, or DeFi, market.Portal currently offers…

Opensource AI can outperform private models like Chat-GPT – ARK Invest research
In 2023, Yi 34B, Falcon 180B and Mixtral 8x7B emerged as some of the top open-source AI that showcased comparable performance to market leaders. 207 Total views 13 Total shares While generative artificial intelligence (AI) models backed by centralized cloud infrastructure — such as ChatGPT — currently lead on overall performance, new research shows that

Institutional Investors Are Turning Their Attention to Decentralized Finance
The decentralized finance sector has been steadily growing and has begun to see the fruits of its labor. But while there is much hype surrounding DeFi projects and applications, particularly during Bitcoin’s (BTC) uncharacteristic lack of volatility, there is still a long way to go. The technology is still in its early stages, yet even as…

Iris Energy to nearly triple hash rate with estimated 44,000 new BTC miners
With the tough conditions that faced Bitcoin miners last year, Iris’ co-founder said the purchase was a “significant milestone” for the company. 422 Total views 5 Total shares Own this piece of history Collect this article as an NFTAustralia-based Bitcoin (BTC) mining company Iris Energy has revealed it will nearly triple its mining capacity with…

Coinbase Returns to Wyoming After Successfully Renewing Money Transmitter License
U.S. crypto exchange and wallet provider Coinbase has been given the green light from regulators to resume its services in the state of Wyoming, according to an official announcement published August 3. The exchange has now reportedly successfully renewed its money transmitter license in the state of Wyoming. The license had been suspended as of…

Bitcoin still lacks $60K support as BTC price nears $100M liquidity zone
Bitcoin traders are upping the stakes amid a tightly rangebound few days for BTC price action.

Bitcoin Hitting $8K Thanks to the Halving? BTC Options Aren’t so Bullish
With the Bitcoin (BTC) halving less than 20 days away, some analysts predict that an inflow of capital will accompany the run-up to the event then reduced selling pressure at below-production prices thereafter will catalyze a bullish trend for BTC price. However, Bitcoin options data tells a different story. Let’s take a closer look. Options open…