Crypto analysts argue that past performance won’t help to predict Ether’s prices anymore, and Ether has “all the elements to rally like it has never seen before.”
cointelegraph.com
Mark Zuckerberg calls for open-source AI as Meta releases Llama 3.1 [cointelegraph]
Meta is “taking the next steps toward open-source AI becoming the industry standard,” according to CEO Mark Zuckerberg.
Mark Zuckerberg calls for open-source AI as Meta releases Llama 3.1 [cointelegraph]
Meta is “taking the next steps toward open-source AI becoming the industry standard,” according to CEO Mark Zuckerberg.
Hex Trust gets initial nod for payment institution license in Singapore [cointelegraph]
Hex Trust previously obtained a license for custody services in Singapore, but a recent legislative amendment placed these firms under a new licensing scope.
Spot Ethereum ETFs post $107M net inflows on first day [cointelegraph]
The newly launched spot Ether ETFs posted positive net inflows despite being weighed down by $485 million bleeding from Grayscale’s Ethereum Trust.
Coinbase files motion to compel in ongoing fight to get Gensler’s emails [cointelegraph]
Coinbase has now filed a motion to compel, including among others, a narrowed request for Gary Gensler’s private communications during his time as Chair.
Bitcoin to spend ‘considerable time’ at $66K, HODLing could change that [cointelegraph]
Bitcoin is just 12% shy of all-time highs, but a trader says it could stay in this zone for at least the next few months unless demand comes through.
Google parent Alphabet profit surges 29% in Q2 amid AI splurge [cointelegraph]
The firm’s CEO, Sundar Pichai, said its AI products have already generated “billions” in revenue from its cloud business.
Citi upgrades Coinbase shares to ‘buy’ citing ‘shifting’ US politics [cointelegraph]
Analysts from Citi Group said a potential “crypto-friendly” administration and growing revenues are bullish catalysts for Coinbase shares.
Spot Ethereum ETFs seen with over $1B in trading volume on debut [cointelegraph]
Bloomberg ETF analyst Eric Balchunas said the $625 million in trading volume excluding Grayscale’s ETHE was “healthy” and expects a “sizeable chunk” of that sum will convert to inflows.