27 Aug 2024
OORT teams up with US NSF to advance decentralized AI, autonomous vehicle safety
OORT, a decentralized AI cloud platform, is collaborating with the US National Science Foundation’s (NSF) eCAT (Electric, Connected, and Autonomous Technologies for Mobility) IUCRC research center, according to a recent statement shared with CryptoSlate. OORT stated that this collaboration represents a key milestone in developing next-generation technologies—including electrification, resilient sensing, real-time edge computing. Read more
Nasdaq-listed Semler Scientific boosts Bitcoin holdings above 1000 BTC to become top 20 holder
Nasdaq-listed medical technology firm Semler Scientific has expanded its Bitcoin holdings by purchasing an additional 83 BTC for $5.0 million, according to an Aug. 26 statement. This acquisition brings the company’s total Bitcoin holdings to 1,012 BTC, acquired at a cumulative cost of $68 million, including fees and expenses. Read more
Detained Binance exec in Nigeria can no longer walk, family says
The family of Tigran Gambaryan, the Binance executive detained in Nigeria, reports that his health has severely deteriorated, and he is being denied access to medical care. In an Aug. 26 statement shared with CryptoSlate, his family expressed grave concerns about his health conditions and revealed that he is suffering from extreme pain. Read more
Bitcoin sees $543 million in inflows after Powell’s dovish remarks
According to CoinShares’ latest weekly fund flow report, crypto investment products saw their largest inflows in five weeks, with $533 million pouring into the sector. James Butterfill, head of research at CoinShares, explained that these inflows followed remarks by US Federal Reserve Chair Jerome Powell at the Jackson Hole Symposium last week. Read more
Upstart 'Degenerate' Crypto-Culture Publication Bets on Print
Self-proclaimed "degenerate" crypto media company Superbasedd is betting a monthly print magazine can make it in 2024. Read more
Ether ETFs Have Bled Money, but That's Not the Whole Story
BlackRock and other funds have collected billions of dollars worth of inflows for their Ethereum products. Massive outflows from the Grayscale Ethereum Trust (ETHE) have overshadowed that, though. Read more
Tokenized Treasury Funds Pass $2B Market Cap Amid BlackRock’s Explosive Growth
Less than five months after hitting $1 billion in market capitalization, tokenized Treasury notes have doubled in size again, crossing the $2 billion level on Saturday, according to data from RWA.xyz. Read more
Bitcoin ETFs Log $250M Net Inflows, Highest Since July, After Rate Cut Signal at Jackson Hole
Federal Reserve chair Jerome Powell confirmed signs that the public agency is set to loosen monetary policy at the Jackson Hole symposium on Friday. Read more
Bitcoin poised for $150K ‘batshit season’ but sellers could dent rally
One analyst predicts a $150,000 price tag for Bitcoin by the end of this year, however other indicators point to increased short-term selling. Read more
Bitcoin’s weekend rally fizzles under $64K — Pro traders take neutral positions
Professional Bitcoin traders have yet to hop on the wagon after BTC’s weekend rally. Cointelegraph explains why. Read more
Rumpel Labs to launch platform for tokenizing airdrop points
The protocol seeks to address longstanding limitations of airdrops. Read more
Price analysis 8/26: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
Bitcoin and altcoins are witnessing some profit taking today, but the overall uptrend remains intact. Read more
Ethereum's 40-month slump vs. Bitcoin won't end in a dollar 'freefall' scenario
The positive correlation between the ETH/BTC pair and the US Dollar Index has strengthened ahead of the Federal Reserve’s September rate decision. Read more
Bitcoin liquidity sinks to $62.5K as BTC price struggles at US open
BTC price momentum sags as Wall Street returns amid surprise that Bitcoin could not capitalize further on last week’s macro news. Read more
4 reasons why Bitcoin may see $60K before $70K
Bitcoin witnessed its largest weekly return of 10% since early July, but signs indicate that the markets remain uncertain about where BTC price might go next. Read more
Bitcoin poised for breakout as US money market funds reach $6.2T
Bitcoin could be on track for a September breakout to new record highs, but it faces significant resistance around $65,000. Read more
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