DIRS.INFO The most relevant business & tech news

☆ 'Challengers': What Critics Are Saying About the Tennis Movie
▼ + stars: | 2024-04-26 | by ( Olivia Singh | ) www.businessinsider.com time to read: +1 min

Zendaya, Mike Faist, and Josh O'Connor deliver undeniable chemistry and star-making performances. Josh O'Connor as Patrick, Mike Faist as Art, and Zendaya as Tashi in "Challengers." — Matt Zoller Seitz, RogerEbert.com"Zendaya, O'Connor, and Faist play off each other charmingly, particularly in the flashbacks when their characters are younger. Her work here, on the heels of 'Dune: Part Two,' cements her status as a born Movie Star. Both men engage in passionate scenes with Zendaya, making out in intense close-ups and tearing clothes off with palpable want.

Persons: Mike Faist, Josh O'Connor, Patrick, Tashi, Rocco T, Thompson, O'Connor, — Tasha Robinson, Polygon, Matt Zoller Seitz, RogerEbert.com, Zendaya, — David Rooney, Faist, — Maureen Lee Lenker Organizations: MGM, Hollywood, Entertainment

Like tech stocks, bitcoin sometimes benefits from low interest rates and improved market liquidity, which can lead to better sentiment and greater investment in growth assets. Stock Chart Icon Stock chart icon Bitcoin turns higher after two days of losses"There has been an inverse relationship between rates and bitcoin price," said Oppenheimer executive director Owen Lau. "When the Fed increased interest rates in 2022, it took out liquidity from the market, which impacted bitcoin and tech stocks. When the Fed cuts rates, it provides liquidity to the market, which should benefit risky assets such as bitcoin. The Dow Jones Industrial Average , S&P 500 and Nasdaq Composite all closed at record highs after the Fed meeting wrapped up.

Persons: Bitcoin, cryptocurrency, Cryptocurrencies, Oppenheimer, Owen Lau, It's, Ether, Solana, dogecoin, MicroStrategy, CleanSpark, bitcoin, We've, Vijay Ayyar Organizations: Getty, Metrics, Federal, Polygon's, Iris Energy, Marathon, JPMorgan, Dow Jones, Nasdaq, CNBC

☆ What investors need to know about ‘Dencun,’ Ethereum’s next big tech upgrade
▼ + stars: | 2024-03-12 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +4 min

Relative to bitcoin , the initial price action following the upgrade is even weaker historically, with ether underperforming 80% of the time in the first 20 days, Saunders added. Saunders warned, however, that the trading environment for crypto is different today than it was during previous Ethereum network upgrades. The scalability problem Dencun follows the "Shapella" upgrade from almost a year ago, which allowed investors to withdraw their staked ether from the network for the first time. This upgrade is focused on the longer-term goal of enhancing Ethereum's ability to handle more activity and transactions as the network grows. "The Dencun upgrade serves as an important step in addressing this congestion, which hurts users and developers alike."

Persons: Alex Saunders, Saunders, Philipp Zentner, bitcoin –, Duncan Ash, Michael Bloom Organizations: BTC, Citi, ETH, Metrics, Securities and Exchange Commission Locations: U.S

☆ Bitcoin resumes its rally, ripping through $54,000 for the first time since December 2021
▼ + stars: | 2024-02-26 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

The price of bitcoin shot above the $54,000 level on Monday after waking up from a week of tepid trading. At its session high, bitcoin hit $54,965.26 and reached its highest level since December 2021. "Today is settlement day for bitcoin futures, which is contributing to the price jump we're seeing," said Ryan Rasmussen, analyst at Bitwise Asset Management. "We're approaching the window where we typically see traders positioning themselves ahead of the bitcoin halving, which will happen in the second half of April. Bitcoin traded flat in the week leading up to Monday, when the breakout began, and put it on track for a 27% monthly gain.

Persons: cryptocurrency, bitcoin, Ryan Rasmussen, Ether, Solana, Polygon's, Microstrategy, Bitcoin, Owen Lau, Oppenheimer, JPMorgan's Nikolaos Panigirtzoglou Organizations: Metrics, Bitwise Asset Management, JPMorgan, CNBC PRO Locations: —

“The Russian government must have the data of how many foreign fighters have joined the Russian army and how many Nepalis are fighting for Russia,” she said. The Russian foreign ministry has not responded to CNN’s questions about the number of Nepalis recruited by the Russian army and how many of them have died so far. She thought her husband, Shukra Tamang – a retired Nepali army soldier fighting for Russia – was the person calling. A photo shows Shukra Tamang, a retired Nepali army soldier, training in Russia. Bonuses paidNepali men who want to join the Russian army first travel to Russia on a tourist visa.

Persons: Nepal CNN — Ramchandra Khadka, Khadka, “, ” Khadka, Ramchandra Khadka, ”, Bimala Rai Paudyal, Nepalis, Kritu Bhandari, Russia haven’t, Bhandari, ‘, Januka Sunar’s, hasn’t, Sunar, …, Januka Sunar, it’ll, Tamang, Shukra Tamang, Shukra, –, Russia –, Shishir Bishwokarma, Avangard, Suman Tamang, ” Tamang, “ It’s, It’s, Binoj Basnyat, Ram Sharma, Sharma, ” Sharma, Saud, Nepalis haven’t, Bhupendra Bahadur Khatri, hadn’t, ” Khatri, Basnyat Organizations: Nepal CNN, Russia, Ukraine, CNN, Russian, Henley & Partners, Bank, Communist Party of Nepal, Maoist, CNN CNN, YouTube, AK, Moscow Oblast, Avangard, United Arab, Agents, Moscow, CNN Kathmandu, World Bank Locations: Kathmandu, Nepal, Ukraine, Afghanistan, Russia, Russian, Moscow, Bakhmut –, Bakhmut, North Korea, Januka, Nepali, Avangard, Indian, United Arab Emirates, India, Dubai, UAE

☆ Ether takes center stage as bitcoin heads into one of its strongest months
▼ + stars: | 2024-01-31 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +5 min

Ether is ready to take the limelight in the month ahead after bitcoin and newly-launched bitcoin ETFs dominated crypto investor attention in January. Both bitcoin and ether are on pace to finish the month higher by nearly 2%, according to Coin Metrics. As investors came to expect slow, steady flows into bitcoin through newly institutionalized ETFs in coming months, ether and altcoins have been ready for a breakout. February is a historically strong month for both bitcoin and ether. The SEC is due to give decisions on spot ETH ETF applications beginning in May.

Persons: Darius Tabatabai, Bitcoin, Jeff Dorman, Ethereum, Dorman, Jason Urban, bitcoin, they've, Polygon's, — CNBC's Michael Bloom Organizations: Metrics, ETH, Securities and Exchange Commission, SEC, BlackRock, Standard Chartered, Solana, Arca, Galaxy Locations: U.S, bitcoin, Invesco, Solana

A bitcoin is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. Anticipation of easing U.S. borrowing costs and a possible U.S. spot bitcoin exchange-traded fund have lifted crypto prices since the summer, with market bitcoin gaining by about half since the end of August. Ether , the layer 1 token linked to the Ethereum blockchain on which most layer 2 tokens are based, has leapt 13.8% to $2,028.80 in the past month. They are often among the last ones to catch a bid when broader crypto market rises and among the first ones to sell off when sentiment is shaken. Numerous projects and their tokens were launched as the crypto market boomed in 2020, before sinking during the crypto winter of 2022.

Persons: Benoit Tessier, It's, Matteo Greco, Joshua Peck, Peck, Alyse Killeen, Fineqia International's, Lisa Mattackal, Medha Singh, Tom Wilson Organizations: La Maison du, REUTERS, Fineqia, Reuters, Thomson Locations: La, Paris, France, U.S, Stillmark, Bengaluru

☆ Cryptocurrencies dip as investors digest regulatory updates from industry heavyweights Binance, Kraken
▼ + stars: | 2023-11-21 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Founder and CEO of Binance Changpeng Zhao, commonly known as "CZ", attends the "CZ meets Italy" at Palazzo Brancaccio on May 10, 2022 in Rome, Italy. The move weighed on the rest of the crypto market. Earlier in the day the coin rose as much as 5% with hopeful investors eager to see the multi-year investigation into the world's largest crypto exchange resolved. Cryptocurrencies were slightly lower Tuesday, as investors weighed a batch of regulatory updates from Washington involving some of the biggest names in crypto: Binance, Kraken and Tether. Investors were all weighing news from another major crypto exchange: Kraken.

Persons: Zhao, Palazzo Brancaccio, Ripple's XRP, Solana, Uniswap, bitcoin, Changpeng Zhao, James Butterfill Organizations: CZ, U.S . Department of Justice, Binance, SEC, Securities and Exchange Commission Locations: Italy, Palazzo, Rome, Washington, Southeast Asia

Zhao Changpeng, founder and chief executive officer of Binance, speaks at the Blockchain Week Summit in Paris, France, on Wednesday, April 13, 2022. Binance chief Changpeng Zhao will plead guilty to criminal charges and step down as the company's CEO as part of a $4.3 billion settlement with the Department of Justice, according to court documents. The plea arrangement with the government resolves a multi-year investigation into the world's largest crypto exchange. The Securities and Exchange Commission targeted the company with an expansive lawsuit in June, alleging that Binance was running an illegal securities exchange and mishandling customer funds. To this day, Binance remains the world's largest crypto exchange globally, processing billions of dollars in trading volume every year.

Persons: Zhao Changpeng, Changpeng Zhao, Zhao, Brian Tsuchida, Binance, Kraken, Gary Gensler, wasn't, Samuel Lim, —, ada, Kevin Breuninger Organizations: Department of Justice, Justice Department, DOJ, Emergency Economic, U.S, CNBC, Securities and Exchange Commission, Commodity Futures Trading Commission, Securities, Exchange Commission, SEC, Binance, Authority Locations: Paris, France, U.S, Seattle, Iran, Cayman Islands

☆ It's not too late for the U.S. to catch up on crypto regulation: Polygon Labs' Rebecca Rettig
▼ + stars: | 2023-11-17 | by ( Talia Kaplan | Kaan Oguz | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's not too late for the U.S. to catch up on crypto regulation: Polygon Labs' Rebecca RettigRebecca Rettig, the chief legal and policy officer at Polygon Labs, sits down with CNBC Crypto World to discuss advancements overseas and in the U.S. as it pertains to crypto regulation.

Persons: Rebecca Rettig Rebecca Rettig Organizations: Labs, Polygon Labs, CNBC Locations: U.S

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFBI arrests three men in alleged multi-million dollar crypto laundering scheme: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Rebecca Rettig, the chief legal and policy officer at Polygon Labs, discusses advancements overseas and in the U.S. as it pertains to crypto regulation.

Persons: explainers, Rebecca Rettig Organizations: CNBC Crypto, CNBC, Polygon Labs Locations: U.S

☆ Solana surges amid altcoin rally, nearly triples its price over the past month
▼ + stars: | 2023-11-15 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

The price of the Solana token jumped Wednesday amid an ongoing rally in altcoins and bullish remarks on the token from famed tech investor Cathie Wood. It has nearly tripled in price in the past month. "Ether was faster and cheaper than bitcoin [back] in the day – that's how we got ether. Activity on Solana has been growing all year, particularly in liquid staking protocols like Jito, according to data provider Kaiko. Solana is up about 510% this year and has been one of the best performing cryptocurrencies of 2023.

Persons: Cathie Wood, Solana, CNBC's, Wood, altcoins, outpacing, Polygon's, XRP, bitcoin, Mikołaj Zakrzowski, blowup, Sam Bankman, Fried Organizations: Ark, CNBC, CNBC PRO, Solana Locations: altcoins, Solana

☆ Altcoins are finally joining the current bitcoin rally as crypto investors turn risk-on
▼ + stars: | 2023-11-11 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Altcoins were in rally mode this week after lagging bitcoin in its recent climb to new 2023 highs. Bitcoin and ether have been separate from this trend recently, with more investors appearing to treat them as a safety trade compared to smaller, riskier altcoins. "Historically we've seen bitcoin rally, then Ethereum, then alts, and that pattern seems to be repeating as this bull market heats up," he said. "We see as a more likely scenario existing capital shifting from existing bitcoin products such as the Grayscale bitcoin trust, bitcoin futures ETFs and publicly listed bitcoin mining companies, into the newly-approved spot bitcoin ETFs," he said. He also said that bitcoin ETFs already exist in Canada and Europe but haven't garnered much interest from investors since their inception.

Persons: Altcoins, bitcoin, Polygon's, Bitcoin, Rob Ginsberg, Ginsberg, altcoins, – it's, It's, Ryan Rasmussen, Mike Novogratz, JPMorgan's Nikolaos Panigirtzoglou, haven't, Panigirtzoglou, — CNBC's Michael Bloom Organizations: Solana, ADA, ETH, Wolfe Research, Treasury, Bitwise Asset Management, Galaxy Digital, JPMorgan Locations: Canada, Europe

☆ Ether tops $2,000 for the first time since April, bitcoin climbs to an 18-month high
▼ + stars: | 2023-11-09 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

A similar notice for the iShares Bitcoin Trust came on June 8, one week before BlackRock's filing for a bitcoin ETF. The price of ether jumped Thursday, topping the key $2,000 level for the first time since April, after BlackRock took initial steps toward filing for a spot ether ETF. Other crypto assets as well as crypto equities rode the bitcoin price wave Thursday. Meanwhile, shares of bitcoin miners rode the bitcoin wave too. Don't miss these stories from CNBC PRO:Correction: The price of bitcoin topped $37,000 for the first time since May 2022.

Persons: Clara Medalie, Ether, bitcoin, Solana, Darius Tabatabai, Gary Gensler, Microstrategy, CleanSpark, —, Jesse Pound Organizations: Delaware's Division, Corporations, BlackRock, Metrics, Cardano, SEC, CNBC, Marathon, Iris Energy Locations: Coinbase

☆ With China playing catchup with the U.S., these 3 charts show the top countries for fintech in 2023
▼ + stars: | 2023-10-26 | by ( Ryan Browne | ) www.cnbc.com time to read: +7 min

UK has second-biggest number of top fintech firmsThe U.S. was home to 65 of the top fintech companies, according to CNBC's list of world's top 200 fintech companies. In the U.S., some of the top global fintech companies on Statista's list include names like Stripe, PayPal and Intuit . Stateside, meanwhile, the largest fintech unicorns are Stripe ($95 billion), Chime ($25 billion), Ripple ($15 billion), Plaid ($13.5 billion), Devoted Health ($12.6 billion, and Brex ($12.3 billion). Other leading ecosystems for fintech unicorns include India, on 17 unicorns, and China, on eight. Standing in 8th place is Mexico, with five fintech unicorns, Singapore, also with five, and the Netherlands, which has four in total.

Persons: Ed Jones, Starling, Tencent, Statista, Andreessen Horowitz, Wise, Vlad Tenev, Group's, —, Nick Parmenter Organizations: AFP, Getty, CNBC, Statista, Ant Group, Plaid, Visa, Mastercard, European Union, Apple, Google, Sequoia Capital, PayPal, Intuit, Financial, Authority, Consumers Locations: U.S, Beijing, China, Silicon, Europe, Ukraine, Covid, India, France, Brazil, Germany, Mexico, Singapore, Netherlands, Statista

☆ Ukraine feels the strain amid 'very heated' fighting in Avdiivka as Russia presses on with new Donbas offensive
▼ + stars: | 2023-10-14 | by ( Marta Biino | ) www.businessinsider.com time to read: +3 min

Fighting in Avdiivka, near Ukraine's eastern front, has entered the fifth day. In the north-east of Ukraine, a top general said the fighting had also "significantly worsened." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . It is very heated, very heated," he said, per the AFP. The White House said Friday that Russia has resumed employing the so-called "human wave" tactic in its war against Ukraine.

Persons: —, Vitaliy Barabash, Barabash, Volodymyr Zelenskyy, Oleksandr Syrskyi, Syrskyi, Russia's, John Kirby Organizations: AFP, Service, Agence France, Independent, Reuters, Ukraine, National Security Council Locations: Avdiivka, Ukraine's, Ukraine, Bakhmut, Alabino, Moscow, Russia, Kupiansk, Makiivka, Donetsk Oblast, Kharkiv Oblast

A bitcoin is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. It's a bit old hat, say a cohort of crypto investors who are betting on blockchain technology breathing new life into traditional assets. Others like Franklin Templeton, UBS Asset Management and ABN Amro (ABNd.AS) have launched tokenized versions of assets such as money market funds and green bonds. Indeed, the actual issuance and value of tokenized traditional assets remains small. Some market players now see significant advances.

Persons: Benoit Tessier, Franklin Templeton, Colin Butler, tokenization, hasn't, Morgan Krupetsky, Doug Schwenk, Lisa Mattackal, Medha Singh, Tom Wilson, Pravin Organizations: La Maison du, REUTERS, London Stock Exchange, Mirae, Securities, UBS Asset Management, ABN Amro, Polygon Labs, Reuters Graphics, Northern Trust, HSBC, Ava Labs, Digital Asset Research, Thomson, Reuters Locations: La, Paris, France, U.S, blockchain, Bengaluru

☆ OpenAI's GPTBot and other AI web crawlers are being blocked by even more companies now
▼ + stars: | 2023-09-28 | by ( Kali Hays | ) www.businessinsider.com time to read: +7 min

Unique, high quality data, mainly scraped from the web, is vital to the performance of AI models. AdvertisementAdvertisementMore and more companies are trying to avoid having their data freely scraped and saved by web crawlers working for the benefit of AI models. Last month, OpenAI last revealed its own crawler, GPTBot, saying it would respect robots.txt, a decades-old method through which a website can tell a web crawler to ignore it. Many more companies are now also blocking CCBot, a web crawler used by Common Crawl. AdvertisementAdvertisementSee below for a full list of the biggest websites now blocking GPTBot and CCBot as of Sept. 22:Blocking GPTBotamazon.comquora.comnytimes.comtheguardian.comshutterstock.comwikihow.comcnn.comsciencedirect.comusatoday.comhealthline.comstackexchange.comalamy.comscribd.comwebmd.combusinessinsider.comdictionary.comreuters.comwashingtonpost.commedicalnewstoday.comnpr.orgcbsnews.comgoodhousekeeping.comamazon.co.uktumblr.comlatimes.cominsider.comglassdoor.comvocabulary.cominvestopedia.comslideshare.netamazon.decosmopolitan.comnbcnews.comindiamart.comstackoverflow.comhindustantimes.combloomberg.comcnbc.compeople.comtvtropes.orgamazon.invimeo.comverywellhealth.comikea.comespn.comindianexpress.comthesaurus.compbs.org123rf.comwattpad.comvariety.comtoday.compopsugar.comthespruce.comuol.com.bramazon.frgeeksforgeeks.orgelle.comeconomictimes.compcmag.comtheverge.comallrecipes.comthoughtco.comrollingstone.comwired.comnextdoor.comhollywoodreporter.comabc.net.auew.comamazon.canews18.comwomenshealthmag.comrateyourmusic.comamazon.co.jptechradar.comairbnb.comndtv.comlifewire.comtomsguide.comvulture.comeverydayhealth.compolygon.comtheconversation.comesquire.comprnewswire.combillboard.commenshealth.commetro.co.ukcountryliving.commashable.comgamesradar.comthehindu.comtimesofindia.comdeadline.comharpersbazaar.commedscape.comnymag.comrefinery29.comradiotimes.comcbssports.comtandfonline.comtheatlantic.comtrulia.comamazon.espinterest.esnationalgeographic.combhg.comeater.comsouthernliving.comhealthgrades.comvice.compicclick.combustle.comnewyorker.comeonline.comdigitalspy.comopentable.compinterest.dethepioneerwoman.comcaranddriver.combyrdie.comlivemint.commedicinenet.comteacherspayteachers.comcookpad.comthespruceeats.combizjournals.compagesjaunes.frliputan6.comdelish.commasterclass.comarchiveofourown.orgvox.comrealsimple.comaarp.orgfrancetvinfo.frpinterest.frkumparan.comtheathletic.comtravelandleisure.comvogue.comlivescience.comapartments.commarketwatch.comglamour.comamazon.itcinemablend.comthrillist.comamazon.com.brpinterest.co.ukangi.comalamy.esusmagazine.comdistractify.combbcgoodfood.comjagran.commercadolibre.com.mxandroidauthority.comcity-data.comfoodandwine.comhellomagazine.comamazon.com.augq.comingles.comamarujala.comieee.orgprevention.comstern.dekbb.comedmunds.commarthastewart.compcgamer.comjustanswer.comhealth.com20minutes.frfortune.comhomes.comscientificamerican.compopularmechanics.comverywellfit.comvanityfair.comchicagotribune.comverywellmind.comhousebeautiful.comcntraveler.comallure.comspanishdict.comneverbounce.comanswers.commoneycontrol.comarchitecturaldigest.comslate.comlonelyplanet.cominverse.comcorriere.itactu.frself.comtripsavvy.cominstyle.comeatingwell.comsuperuser.comwelt.despiegel.dewomansday.comseventeen.comhbr.orgoprahdaily.comautotrader.combonappetit.comsueddeutsche.deseriouseats.comliveabout.comseattletimes.comcoursera.orglivehindustan.comfrance24.comtownandcountrymag.comdotesports.comworldplaces.mefaz.netteenvogue.commotor1.comnj.comglamourmagazine.co.ukokdiario.combrides.comstylecaster.comalamyimages.frjagranjosh.comtheglobeandmail.comaxios.comfrancebleu.frtabelog.comthebalancemoney.comnydailynews.comsheknows.comnaomedical.comverywellfamily.comBlocking CCBot

Persons: —, OpenAI, GPTbot, Conde Nast, Masterclass, Kelly, robots.txt, verywellhealth.com, indianexpress.com Organizations: Service, Amazon, Guardian, NPR, CBS News, CBS Sports, NBC News, CNBC, Yorker, Hearst, New York Times Locations: USA, Europe, Originality.ai, androidauthority.com

☆ Russia's using its elite paratroopers in an unusual way to hold the line, leaving the force 'airborne in name only,' war analysts say
▼ + stars: | 2023-09-27 | by ( Jake Epstein | ) www.businessinsider.com time to read: +6 min

Russia is relying on its elite paratroopers, the VDV, to defend against Ukraine's counteroffensive. AdvertisementAdvertisementRussia has turned to its elite paratroopers, the VDV Airborne Forces, to help defend against Ukraine's battlefield advances. As so-called "elite" Russian forces have taken losses, they have at times been backfilled with poorly-trained replacements, degrading the overall capability of the unit. Since those figures were released, VDV units have been transferred to support Moscow's defensive efforts in the face of Ukraine's pressing counteroffensive. The VDV is one of several elite units to suffer severe casualties during the war as Moscow has relied heavily on them.

Persons: —, Sergei Shoigu, Shoigu, Diego Herrera Carcedo, Gen, Mikhail Teplinsky Organizations: Ukraine's, Service, VDV Airborne Forces, Russian, Institute for, Victory, Russian MoD, Anadolu Agency, Getty, Paratroopers, Rifle Brigade, 155th Naval Infantry Brigade Locations: Russia, Ukraine, Moscow, Washington, Russian, Alabino, Bakhmut, Donetsk Oblast, Kherson, Luhansk, Kyiv

☆ Web3 music platforms are combining new tech with Web2 features to give artists better compensation and 'create dope consumer experiences'
▼ + stars: | 2023-09-18 | by ( Diana Umana | ) www.businessinsider.com time to read: +12 min

Web3 music platforms are changing the industry, giving artists better payouts and ways to reach fans. Orin FleurimontThe importance of direct-to-consumer offerings for music artists has never been more evident. It also uses familiar terminology throughout its platform and in marketing, similar to what one would find on traditional music platforms. The benefit of this hybrid approach is clear: In April, when much of the Web3 music space faced uncertainty, Even closed its $2.2 million seed round. Safeguarding security and enhancing educationWhile integrating Web3 and Web2 experiences on music platforms offers promising benefits, there are drawbacks and areas for improvement.

Persons: Tanerélle, Orin Fleurimont, Web3, Mag Rodriguez, Weston Rich, Rodriguez, Eric Bellinger, Shaun, Snoop Dogg, Tayla Parx, Bobby Shmurda, Andreessen Horowitz, Sound.XYZ, David Greenstein, Pablo Sáez David Greenstein, Brett Shear, Christopher Lee, Erin Leydon, Lee, merch, Vérité, IYK, Jamie Kim, Audius Organizations: Service, Spotify, Apple, PTC, Investments, IYK, IRL, Atlantic Records, NFC Locations: Wall, Silicon, Web3, Sound.XYZ

☆ Bitcoin, helped by a possible short squeeze, rebounds from Monday's FTX-suspected slide
▼ + stars: | 2023-09-12 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +1 min

The price of bitcoin bounced Tuesday, reversing losses from the previous day that were driven by fears around FTX liquidations. On Monday, bitcoin dipped below the key $25,000 support level for the first time since March. The rebound could be fueled in part by investors who were betting against the crypto asset scrambling to cover short positions, in other words, by a short squeeze. Fairlead Strategies' Katie Stockton said weakened momentum in the intermediate term could make it difficult for bitcoin to see a durable recovery. This week, investors get the August consumer price index and producer price index readings on Wednesday and Thursday, respectively.

Persons: bitcoin, FTX, Bitcoin, There's, Katie Stockton Organizations: Metrics, Alameda Research, Solana, Polygon, Federal Reserve Locations: FTX

☆ Bitcoin briefly dips under $25,000 ahead of fresh inflation data this week
▼ + stars: | 2023-09-11 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +1 min

The cryptocurrency market fell to start the week as traders turned their focus to new inflation data and digested the latest in the SEC's legal battle with Ripple. Bitcoin fell more than 2.8% to trade at $25,004.45, according to Coin Metrics. Bitcoin briefly dipped below $25,000, the first time below that key support level since June. XRP dropped 5%, according to Coin Metrics, along with the Polygon token. Polkadot 's coin lost 4%, while Binance Coin , Solana's sol token and litecoin were down by about 3% each.

Persons: Bitcoin, Altcoins, XRP, Darius Tabatabai Organizations: Metrics, Securities and Exchange Commission, Vertex

☆ Bitcoin and crypto are about to embark on a 'much stronger fundamental' rally, Bernstein predicts
▼ + stars: | 2023-09-05 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

"The existing crypto market remains a low liquidity market, with limited new capital entering the space. Investors remain optimistic about the recent developments and what they could mean for the crypto market over the long term, however. The agency for years has maintained that various attempts at a bitcoin ETF didn't satisfy concerns about fraud and manipulation in the market. The ruling shot that down, noting that "bitcoin futures prices are ultimately based on spot market prices." "The industry push for Ethereum spot ETF follows immediately after, given ETH also has a similar market structure of a traded CME futures market ( > 2 years) and a spot market," he added.

Persons: Bernstein, Gautam Chhugani, bitcoin, Chhugani, Michael Bloom Organizations: U.S . Securities, Exchange Commission, U.S ., Appeals, SEC, ETH, BTC Locations: U.S, Solana

☆ Altcoin trading volume is off its first-half highs. Here's what it will take to get it back
▼ + stars: | 2023-09-01 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +4 min

Altcoin trading is limping along, despite initially getting a boost from a key July court ruling that gave Ripple a partial victory over the Securities and Exchange Commission. However, this is not a strong enough narrative to take over the broader theme of deterioration in crypto market structure, said Park added. "This has serious implications for altcoin trading, as the shift in focus to alternatives like FDUSD or TUSD has created a bottleneck for pairs trading that is often how altcoin liquidity is gauged and accessed," he added. "At its peak, there were over 300 BUSD trading pairs and the number is steadily decreasing as BUSD is ceasing its operations." Wolfe Research's Rob Ginsberg noted this week that weak price action and low trading volume largely define the trading of altcoins in the current market.

Persons: —, Jeff Park, Glassnode, altcoins, Binance Launchpad, Stablecoins, CryptoQuant, Changpeng Zhao, Wolfe, Rob Ginsberg, Seasonality, Crypto, Dessislava Aubert, Michael Bloom Organizations: Securities and Exchange Commission, Bitwise Asset Management, SEC, Polygon, CNBC, Binance, BTC Locations: Solana, New York, BUSD's, altcoins, China

☆ The Tesla Cybertruck might always look a little busted
▼ + stars: | 2023-08-29 | by ( Tim Levin | Nora Naughton | ) www.businessinsider.com time to read: +5 min

AdvertisementAdvertisementThe polarizing polygon known as the Tesla Cybertruck is almost here, and it will probably look far from perfect when it finally hits the road. It all means that Cybertruck buyers who have suffered through years of delays may wind up with trucks that always look a little rough around the edges. Advertisement Advertisement Watch: How Tesla's Cybertruck stacks up against the Amazon-backed Rivian R1T electric truck"This is going to be a measure of the appeal of Tesla," Fiorani said. Anyone who's owned a stainless steel fridge knows they are a magnet for grime and are a nightmare to keep clean. "Musk has learned from his past mistakes – he understands that people will scrutinize this vehicle," Fiorani said.

Persons: Elon Musk, Tesla, it's, Sam Fiorani, Fiorani, Geoff Wardle, S0kCyGUBFD — Elon, Wardle, who's, Musk, – Organizations: Tesla, BMW, Lexus, AutoForecast Solutions, California's ArtCenter College of Design Locations: Texas

Search resuls for: "Polygon"

25 mentions found