Matt Brown the Go-To Guy at Nvidia’s Spring Event At this year’s Nvidia-hosted spring technology conference, Matt Brown, a top executive at Core Scientific Inc., has quickly become one of the most sought-after attendees. Brown’s growing prominence is no coincidence; the AI boom has caused a clamor for data center space and the GPUs that power AI computations, making his insights invaluable.  From employees of Nvidia to representatives of Silicon Valley giants like Google and Amazon, and even to barely-known AI startups, it seems everyone wants to engage with the 46-year-old executive. The ..read more

On June 5, 2024, the crypto world saw a significant move from Bitmex, as the exchange announced the introduction of 200x leverage for Ethereum perpetuals. This strategic decision comes ahead of a pivotal moment in the crypto landscape: the imminent debut of U.S. ether exchange-traded funds (ETFs). Bitmex’s latest offering aims to capitalize on this event, providing traders with an opportunity to engage in high-risk, high-reward trading.    With 200x leverage, traders can now amplify their exposure to Ethereum’s price movements significantly. While this can lead to substantial profits ..read more

In an impressive show of investor confidence, United States-based spot Bitcoin exchange-traded funds (ETFs) have witnessed their second-largest one-day net inflow, recording a substantial $886.6 million. This remarkable inflow highlights the increasing interest in Bitcoin ETFs and the growing acceptance of Bitcoin as a legitimate investment vehicle.   The standout performer of the day was the Fidelity Wise Origin Bitcoin Fund (FBTC), which attracted a staggering $378.7 million. Closely following was BlackRock’s iShares Bitcoin Trust (IBIT) with an influx of $274.4 million. Trailing in thi ..read more

It’s crucial to integrate Fully Diluted Valuation (FDV) into your assessment toolkit. A well-rounded approach allows you to paint a more comprehensive picture of a cryptocurrency’s future potential. Without considering FDV, you may overlook key factors that could significantly impact your returns on investment.  Consider FDV as your beacon in the often foggy world of crypto investments. It helps you see beyond the immediate market cap, shedding light on the project’s overall valuation after all tokens have been released. This metric can prevent unpleasant surprises down the road, as sudde ..read more

The Evolution of IP Rights in Web3 The emergence of Web3, a decentralized internet powered by blockchain technology, has markedly shifted how intellectual property (IP) is perceived and protected. With the advent of smart contracts — first popularized by Ethereum — traditional methods of enforcing IP rights are being re-evaluated. These self-executing contracts, driven by code, automate transactions and minimize the need for intermediaries, creating a transparent and tamper-proof system for managing IP rights.  Another notable development is the proliferation of non-fungible tokens (NFTs ..read more

The Bitcoin market has experienced a notable downtrend since it reached $70,300 on May 27. Currently priced near $67,500, Bitcoin has seen a 4% drop in just two days. Despite this decline, the $66,000 support level, which has held firm since May 17, provides some reassurance to bullish investors who are not yet alarmed by this correction.   However, potentially concerning data comes from the Bitcoin derivatives markets. As of May 29, the number of Bitcoin-equivalent leverage bets, known as open interest, rose to a 16-month high. This raises questions about market stability, particularly a ..read more

Ethereum has solidified its position as a frontrunner, and investors are continually seeking ways to capitalize on its potential. One avenue that’s gaining traction is the Ethereum Exchange-Traded Fund (ETF). But what exactly is an Ethereum ETF, and why should it be on your radar?  At its core, an Ethereum ETF is a type of investment fund that tracks the price of Ethereum. It trades on traditional stock exchanges, similar to stocks, and allows you to invest in Ethereum without having to directly purchase, store, or manage the cryptocurrency itself. This can make investing in Ethereum more ..read more

Recently the green light given to an Ethereum spot ETF has caused quite a buzz in the market giving hope to Bitcoin investors. Michael Saylor, the CEO of MicroStrategy and a strong supporter of Bitcoin, as a store of value sees the approval of an Ethereum ETF as a sign for Bitcoin adoption. He had previously thought that US regulations wouldn’t be as friendly towards any asset but recent events suggest a shift in regulatory sentiment. Despite his optimism about the Ethereum ETF Saylor does have some concerns. At a MicroStrategy World conference he doubted that Ether would get approval and pred ..read more

In the vast landscape of the internet, few figures have garnered as much universal affection and recognition as “Doge,” the Shiba Inu with an expressive face and endearing demeanor. Yet, behind the meme lies a real-life dog named Kabosu, whose life story is as compelling as the iconic image she inspired. Early Life of Kabosu Kabosu was born on November 2, 2005, in a Japanese puppy mill, a place where dogs are bred in large quantities, often with little regard for their well-being. The early years of Kabosu’s life were far from ideal. Shortly after her birth, the puppy mill was shut down due to ..read more

Bitcoin seems to be showing similarities to an aspect of its 2017 bull market hinting at a significant breakout if specific Relative Strength Index (RSI) trends continue. With a price of $69,053 Bitcoin could be gearing up for a movement once it reaches the $75,000 threshold as, per analysis conducted by a well known trader. The comparison between how Bitcoin’s behaving in the market and the early phases of the 2017 bull run is capturing the interest of both traders and analysts. Despite variations in the timing of all time highs and block subsidy halvings between the 2024 cycle and previous c ..read more