Crypto AI Projects Would Need to Buy Chips Worth Their Entire Market Cap to Meet Ambitions
Supporting the creator economy with AI-generated video will take more GPUs than all major tech companies operate.
Posts published on April 3, 2024 go to media archive 3/3
Deribit’s Dubai Unit Receives ‘Conditional’ Virtual Asset Service Provider License
Deribit FZE, an entity owned by crypto derivatives platform Deribit, has secured a conditional virtual asset service provider from the Dubai virtual assets regulator. The license, which covers spot and derivative trading, will remain…
Aave Proposal Aims to Safeguard Against DAI’s Rapid Market Cap Increase
The Aave Risk Framework Committee (ARFC) has proposed adjustments to the risk parameters of the dai (DAI) stablecoin to mitigate potential risks associated with Makerdao’s aggressive expansion of the DAI credit line. The proposal, initiated…
Bitfinex Derivatives Users Can Now Place Bets on Bitcoin and Ether Implied Volatility
Bitfinex Derivatives announced the launch of perpetual futures tied to Volmex's proprietary bitcoin and ether implied volatility indices.
Stablecoin Expansion Continues as Bitcoin Rally Appears to Stall
The unabated expansion of stablecoin supply shows capital continues to flow into the crypto market, one observer noted.
Asia’s Bitcoin Volatility Linked To Algos Tracking ETF Flows
Recent Bitcoin price volatility in Asia has been closely linked to automated trading algorithms that monitor flows in US exchange-traded funds (ETFs). According to Bloomberg, this algorithmic trading response to daily US ETF flow data is causing…
Bitcoin ETF Trading Volumes Tripled in March as the Largest Cryptocurrency Hit Record Highs
Trading volumes for the exchange-traded funds soared to $110 billion, three times higher than either January or February, led by BlackRock's IBIT.
ARK 21Shares Bitcoin ETF Logs $88M of Outflows, Overtaking Grayscale for First Time
For the first time, outflows from Ark 21 Shares overtook Grayscale’s.
Coinbase Offers Unique Exposure to the Long-Term Growth of Crypto: KBW
The broker raised its price target to $230 from $160 and maintained its market perform rating.
Canine Comeback? KNINE Brushes Off 50% Loss, Gets Listed On Major Exchange
Shiba Inu’s Layer-2 blockchain, Shibarium, is experiencing a shot of optimism amidst a bearish crypto market. K9 Finance (KNINE), a project aiming to become the go-to platform for liquid staking derivatives (LSD) on Shibarium, has secured a…
Fear of Retrospective IRS Regulation Changes Discourages Filing, Says Crypto Tax Expert
Many cryptocurrency users have not filed their tax returns, fearing that the Internal Revenue Service (IRS) might change regulations after they submit their returns, according to a cryptocurrency tax expert. The expert stated that the IRS has the…