1 / 1 Relevant items tagged with #Valuation
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OpenAI fundraising could push valuation to $150B
[Sep 11 9:32 PM] As fundraising unfolds, OpenAI’s valuation is expected to reach $150 billion. Several tech giants, including Apple and Nvidia, are reportedly backing the round.
The rise of the Chinese AI unicorns doing battle with OpenAI
[May 3 1:30 AM] Artificial intelligence startups aim to fill the gap in China as OpenAI’s ChatGPT became unavailable in the country.
What crypto traders can learn from Charlie Munger — even if he hated BTC
[Nov 28, 2023 8:35 PM] Legendary investor Charlie Munger may have once called Bitcoin “rat poison squared” — but that doesn't mean crypto traders should ignore his years of investing wisdom.
Glassnode and Ark Invest Introduce ‘Cointime Economics’ — A New Model to Measure Bitcoin’s Value
Judge Denies CEL Valuation Boost; Evades CEL’s Security Classification in Celsius Saga
[Aug 26, 2023 12:30 PM] In the unfolding saga of the Celsius bankruptcy case, a proposal was presented to elevate the defunct crypto enterprise’s native token, CEL, to a valuation of $0.80 each. Yet, the overseeing U.S. bankruptcy judge, Martin Glenn, dismissed…
Pantera Capital Predicts Bitcoin to Skyrocket to $148,000 Post-2024 Halving
SEI’s Rocky Start: New L1 Crypto Token Dives 65% in 3 Days Amid Market Turmoil
[Aug 18, 2023 2:00 PM] The newly listed cryptocurrency SEI took a substantial hit after its debut, plummeting over 65% from its peak value in just three days. The coin’s latest 13% tumble mirrored a decline in the broader crypto market in the last 24 hours. New L1 Token…
Bitcoin’s Plunge Below $29K Triggers $92 Million in Derivatives Liquidations; Crypto Markets Tremble
[Aug 1, 2023 10:00 AM] As bitcoin dipped below the $29K threshold and the overall crypto economy experienced a 1.4% decrease to $1.17 trillion, cryptocurrency derivatives markets underwent $92 million in liquidations, primarily in long positions. Cascading Effect…
Binance US Records Massive Discrepancies as USD Exchange Rates Plummet by 16% in July
[Jul 17, 2023 9:30 AM] As of July 17, 2023, fresh data indicates a concerning rise in discrepancies between Binance US’ exchange rates and the global average. Initially, at a mere 2% to 5% in late June, the disparity sharply soared to an astonishing 16% by…
Report: Crypto Industry Boasts 10,000 Companies and 190,000 Professionals With a Collective Valuation of $180 Billion
[Jul 9, 2023 2:30 PM] A recent report released by K33 Research three days ago reveals that as of July 2023, the cryptocurrency industry boasts approximately 10,000 companies, employing an estimated 190,000 crypto professionals. Notably, K33 provides a comprehensive…
Liquid Staking Defi Platforms Now Secure Over 10 Million Ethereum Worth Close to $20B
[Jul 2, 2023 12:30 PM] Based on recent data, over ten million ethereum is now secured within liquid staking derivatives platforms, with a valuation close to $20 billion at current exchange rates. Two leading liquid staking decentralized finance (defi) protocols, Lido…
Bitcoin Dominance Soars to 47.5%: Highest Level in a Year as Other Crypto Assets Suffer
[Jun 10, 2023 4:00 PM] On June 10, 2023, bitcoin is dominating with a market capitalization dominance of 47.5%, marking its highest level since this time last year, according to coinmarketcap.com. Meanwhile, ethereum’s dominance is holding steady at 20%…
Bitcoin Blockchain Continues to See Growth in Ordinal Inscriptions and BRC20 Tokens
[May 21, 2023 3:30 PM] As of Sunday, May 21, 2023, over 8.3 million Ordinal inscriptions have found their place on the Bitcoin blockchain, accompanied by a count of 24,677 BRC20 tokens. These new BRC20 tokens have also amassed a collective market capitalization of $483…
Surge in Ordinal Inscriptions Ignites Exponential Growth in BRC20 Token Economy
[May 16, 2023 1:30 PM] Over the past four days, there has been a surge in Ordinal inscriptions, and as a result, the BRC20 token economy has experienced significant growth with over 10,000 additional coins. The current value of the BRC20 token economy now stands at…
Meme Token PEPE Plunges Below $1 Billion Mark Amidst Market Decline
[May 9, 2023 11:30 AM] The recently launched meme token, inspired by Pepe the Frog and dubbed PEPE, experienced a 12% decline against the U.S. dollar on Tuesday, plummeting its market valuation beneath the $1 billion threshold to a present $790 million. Concurrently, the…
Meme Coin PEPE Surges by 152% This Week, Now the Fifth-Largest Meme Token by Market Cap
[Apr 30, 2023 2:00 PM] Pepe (PEPE), the meme coin featuring the popular character Pepe the Frog, has experienced a significant surge in value in the past week, rising by 152.9% against the U.S. dollar. Recent statistics indicate that PEPE’s market capitalization…
New ‘Pepe the Frog’ Crypto Token Becomes Sixth Largest Meme Coin by Market Cap
[Apr 20, 2023 8:30 AM] A new token named after Pepe the Frog, the infamous meme, and cartoon character created by Matt Furie, has entered the meme coin economy. The token is called Pepe (PEPE), and at the time of writing, it has become the sixth-largest meme coin asset…
AI-Focused Cryptogpt Raises $10 Million in Series A Funding to Expand Into Asian Markets
[Apr 11, 2023 5:30 AM] A Layer two (L2) project, called Cryptogpt, which leverages ZK-rollup technology and artificial intelligence (AI), has announced that its team has raised $10 million in capital from a Series A funding round. The crypto and AI firm disclosed that…
Microstrategy’s Bitcoin Holdings Reach 140,000 BTC After Acquiring 1,045 More Bitcoins
[Apr 5, 2023 3:30 PM] Nine days after publicly listed company Microstrategy purchased 6,455 bitcoins, the firm’s CEO, Michael Saylor, announced the purchase of an additional 1,045 bitcoins. The business intelligence (BI) company now holds a total of 140,000…
Stablecoin Market Sees Fluctuations With Some Coins Gaining and Others Reducing Supply
[Mar 26, 2023 8:30 AM] According to statistics, on March 26, the stablecoin economy was valued at $135 billion, with the top stablecoins representing $31.8 billion or 75% of the $42.17 billion in 24-hour global trade volume across the entire crypto market. In the last…
Arbitrum’s Governance Token ARB Ranks Within Top 40 Market Capitalizations Following Airdrop
[Mar 25, 2023 11:30 AM] Following the Arbitrum token airdrop, ARB has become a top 40 cryptocurrency as it currently holds the 37th largest market valuation out of more than 23,000 listed digital currencies. Currently, there is a circulating supply of 1,275,000,000 ARB…
Arbitrum Airdrop Goes Live: ARB Price Drops More Than 85%
[Mar 23, 2023 12:30 PM] On Thursday, the Arbitrum airdrop claiming process went live and ARB markets dropped more than 85% lower than pre-IOU market prices recorded the day before. Arbitrum airdropped just over a billion ARB tokens, or 11.6% of the total supply. At noon…
Bitcoin Becomes 12th Largest Asset Worldwide by Valuation, Surpassing Visa
[Mar 15, 2023 1:30 PM] After dropping below $26,000 per unit, the price of bitcoin, the leading digital asset by market capitalization, is still up 9.6% since last week. However, its price has decreased by 6.5% in the last 24 hours. Out of the 7,316 companies, crypto…
Redemption and Reshuffling: BUSD’s Exit From Top 10 Cryptocurrencies Shakes Market Valuations
[Mar 6, 2023 8:30 AM] It has been 21 days since Paxos revealed that it would no longer mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have been redeemed. Prior to the announcement, BUSD was once a top-ten crypto asset. However, the top ten…
Ebb and Flow of Stablecoin Economy Continues With BUSD’s Market Cap Dropping Below $10 Billion Range
[Mar 3, 2023 9:00 AM] The realm of stablecoins is an ever-evolving landscape and the number of coins in circulation for the stablecoin BUSD has fallen below the 10 billion mark to approximately 9.68 billion on March 3, 2023. Over the last 30 days, BUSD’s token…
Crypto Economy Swelled 80,466% Since 2013, Despite $1.5 Trillion Loss in 2022 Downturn
[Mar 1, 2023 9:00 AM] Nine years and nine months ago, on May 9, 2013, coinmarketcap.com recorded 14 cryptocurrency assets, and bitcoin’s overall valuation was $1.24 billion, with 11.13 million bitcoins in circulation at the time. Today, the same website indicates…
Coinbase to Suspend Trading of BUSD Amid Regulatory Crackdown
[Feb 27, 2023 5:00 PM] Cryptocurrency exchange Coinbase announced it will suspend trading and delist the Paxos-managed stablecoin asset BUSD. The decision follows Paxos’ revelation that the New York State Department of Financial Services directed the firm to stop…
Crypto Firm Wyre Reportedly Shuts Down After Canceled Bolt Acquisition, CEO Claims Firm Is Just ‘Scaling Back’ Operations
[Jan 5, 2023 12:30 AM] According to several reports, Wyre, a cryptocurrency payments firm, is allegedly sunsetting its business. Wyre’s purported wind down follows Bolt, another payments company, canceling its plan to acquire Wyre in September. Wyre CEO Ioannis…