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Bitcoin ETFs Record Another Day of Losses; Ethereum ETFs Stay Neutral


On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) faced another tough day, with the 12 funds seeing outflows totaling $30.59 million. In contrast, their spot ethereum ETF counterparts had an uneventful day, with all nine funds neither gaining nor losing value. Wednesday’s Spot...

AI Powerhouse Openai Raises $6.6B Achieving a $157B Valuation


AI startup Openai reported closing a funding round led by Thrive Capital and the participation of other tech companies like Microsoft and Nvidia. The $6.6 billion raised would be used to expand its set of tools and raise its computing capacity, which needs to increase significantly to train new...

Bitcoin Tops $66K as Inflation Cools, $9.67M in Shorts Liquidated


Bitcoin prices continued climbing this week, reaching an intraday peak of $66,456 per unit at 10:35 a.m. ET on Friday, marking a 2.4% boost against the U.S. dollar today and a solid 5% gain over the past seven days. Bitcoin Jumps to $66,456 Following U.S. PCE Report On Friday, Sept. 27, 2024...

Humble’s Latest Bundle Includes A Discount On 2024’s Most Impressive Indie


Summer has started to turn to fall and hot days are cooling down, but the one thing that hasn’t stopped are the discounts on great games you can snag if you know where to look. If you want some amazing indie games with stories that pack a punch, then look no further than Humble’s Summer Narrative...

AI Coding Tool Cursor Raises $60 Million at a $400 Million Valuation


Cursor, an artificial intelligence (AI) company that seeks to “create a magical tool with the aim of writing all of the world’s software,” has announced it has raised $60 million in its Series A funding round. The round had the participation of Andreessen Horowitz, Thrive Capital...

Stablecoin Economy Swells by $1.53B in 3 Days Amid Market Rebound


With a 5% upswing in the crypto economy over the past day, following a broad market recovery, the stablecoin economy has ballooned by $1.53 billion in just three days. A notable $750 million of that growth occurred within the last 24 hours alone. Tether’s $1.26B Growth Fuels Stablecoin...

Blackrock’s IBIT Propels US Spot Bitcoin ETFs to $124M Inflows on Monday


U.S. spot bitcoin exchange-traded funds (ETFs) attracted $124.13 million on Monday, elevating the total net inflows to $17.71 billion. Data indicates that $2.68 billion was traded during Monday’s sessions, with Blackrock’s IBIT emerging as the only gainer. Blackrock’s IBIT...

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