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AI Hits a Ceiling: Startups Seek New Paths for Scaling

AI Hits a Ceiling: Startups Seek New Paths for Scaling

OpenAI’s forthcoming AI model is expected to show less performance improvement compared to its predecessors, according to The Information, citing sources. The publication reports that Orion reached the level of GPT-4 after completing 20% of its training. This suggests that the performance gain of GPT-5 over GPT-4 will be less than that from GPT-3 to […]

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Ukrainian Forced to Transfer 250,000 USDT in Thailand

Ukrainian Forced to Transfer 250,000 USDT in Thailand

A 23-year-old Ukrainian, Vyacheslav Leibov, fell victim to an armed assault on the island of Phuket, Thailand. The assailants were interested in the victim’s cryptocurrency, according to local media. On the evening of November 8, Leibov visited a hotel room belonging to his friend, 18-year-old Alfred Chernyshuk. Also present in the room was 21-year-old Arman […]

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Russia Approves Tax Provisions for Bitcoin Transactions

Russia Approves Tax Provisions for Bitcoin Transactions

On November 11, a government commission approved a draft amendment concerning the taxation of cryptocurrency transactions, as reported by Izvestia. The original document was prepared in 2020 and passed its first reading in February 2021. Work on it resumed following the implementation of mining regulations. Key Figures The bill designates digital currency as property and […]

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BlackRock's Spot Bitcoin ETF Trading Volume Hits Record $4.5 Billion

BlackRock’s Spot Bitcoin ETF Trading Volume Hits Record $4.5 Billion

On November 11, the iShares Bitcoin Trust ETF by BlackRock reached a historic trading volume of $4.5 billion. Bloomberg analyst Eric Balchunas highlighted this milestone. The Bitcoin Industrial Complex (ETFs + MSTR, COIN) saw $38b in trading volume today, lifetime records being set all over the place, incl $IBIT which did $4.5b, which points to […]

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Bitcoin Nears $90,000 as Crypto Market Cap Surpasses $3 Trillion

Bitcoin Nears $90,000 as Crypto Market Cap Surpasses $3 Trillion

The leading cryptocurrency has continued its rapid ascent, with its price approaching the $89,000 mark, once again setting a new all-time high.

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Bitcoin Tests $85,000 Mark

Bitcoin Tests $85,000 Mark

On November 11, the leading cryptocurrency once again reached its ATH at around $85,000. The coin appreciated by 6.5% over the day. 5-minute BTC/USDT chart from Binance. Data: TradingView. On some exchanges like Coinbase, quotes exceeded $85,000. Most cryptocurrencies in the top 10 by market capitalization are also in the “green zone.” BNB (-1.4%), XRP […]

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Bitcoin Critic Peter Schiff Promotes His Ordinals Collection

Bitcoin Critic Peter Schiff Promotes His Ordinals Collection

Peter Schiff, President of Euro Pacific Capital, highlighted his Ordinals collection named Golden Triumph. The community criticized the Bitcoin skeptic under his post. With Bitcoin over $80K, it’s a good time to spend some on a Peter Schiff Ordinal, each one inscribed on the Bitcoin blockchain. There’s 21 million Bitcoin but only 50 Golden Triumph […]

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TAC to Develop EVM-Compatible Solution for Telegram

TAC to Develop EVM-Compatible Solution for Telegram

Developers of the L2 network TAC have announced the creation of a technology enabling Telegram users and the TON ecosystem to access EVM applications, reports The Block. The team has raised $6.5 million in a seed funding round led by Hack VC and Symbolic Capital. Other participants include Primitive, Paper Ventures, Karatage, Animoca Ventures, Spartan […]

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Report: 80% of Meme Coins Listed on Binance See Price Surge

Report: 80% of Meme Coins Listed on Binance See Price Surge

Twelve out of fifteen meme coins added to Binance’s trading list have seen significant price increases, according to analyst Ai_9684xtpa. ?‍? Binance 2024 Memecoin Project Overview Since 2024, Binance has listed 15 Memecoin projects (including futures and spot), with 80% of tokens experiencing significant market cap growth after listing on Binance. The increase for $NEIRO […]

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Bernstein Analysts Urge Crypto Investments Amid Bull Market Surge

Bernstein Analysts Urge Crypto Investments Amid Bull Market Surge

As Bitcoin surges to new all-time highs above $82,000, analysts at brokerage firm Bernstein have urged investors to add crypto assets to their portfolios “as soon as possible,” according to The Block. “Don’t fight it. Welcome to the bull market. Buy everything you can,” noted experts in a client note led by Gautam Chhugani. Chhugani […]

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MicroStrategy Acquires 27,200 BTC for $2.03 Billion

MicroStrategy Acquires 27,200 BTC for $2.03 Billion

Between October 31 and November 10, MicroStrategy acquired an additional 27,200 BTC for $2.03 billion, at approximately $74,463 per coin. This was announced by the company’s founder, Michael Saylor. MicroStrategy has acquired 27,200 BTC for ~$2.03 billion at ~$74,463 per #bitcoin and has achieved BTC Yield of 7.3% QTD and 26.4% YTD. As of 11/10/2024, […]

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Trump's Victory Fuels Continued Inflows into Crypto Funds

Trump’s Victory Fuels Continued Inflows into Crypto Funds

Inflows into cryptocurrency investment funds from November 3 to 9 amounted to $1.98 billion, following $2.18 billion the previous week, according to CoinShares. The year-to-date inflow increased to a new record of $31.3 billion. The volume of assets under management also reached a historic high of $115.7 billion. Data: CoinShares. Product turnover rose to $20 […]

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