Your essential daily read: our featured Story of the Day highlights the most impactful development across crypto, blockchain, or regulation—curated for urgency, significance, and insight. Don’t miss what moves the market today.
WeWork has filed to begin bankruptcy proceedings to protect itself as it reorganizes debt in US and Canada only.
Analysts are expecting the Fed to pivot by March 2024 and begin the first rate cuts. Bitcoin and the crypto market are expected to rally in this scenario.
The UBS report for Q3 2023 showed that the company’s net loss increased because of expenses necessary due to the Credit Suisse integration.
To make the product widely accessible for developers, OpenAI said the new model comes with a more affordable pricing structure than its predecessor GPT-4.
Cathie Wood said that Bitcoin can outperform in both inflationary and deflationary environments and praised its performance during this year’s banking crisis.
The price of XRP is responding positively to Ripple sealing agreements to several institutions who need varying services from the firm.
Cardano is recording increased price and network activity and has sparked bullish predictions about the coin’s future.
Hong Kong’s top financial regulator SFC shows willingness to allow retail players to gain access to spot crypto ETFs while ensuring that risks are addressed properly.
With the current positive news surrounding XRP, the prevailing sentiment, and the increased participation of crypto whales, it is expected that the price will continue to rise.
The chatbot currently does not have audio and visual capabilities. xAI stated that these will be added soon to enable broader applications such as real-time interactions and assistance.
Each of Bankman’s other crimes carries a maximum prison sentence of between 5 to 20 years.
Fed chair Jerome Powell and the rest of the committee are convinced of slower economic growth in the coming quarters amid softening labor market conditions.
There was a recorded rally among several stocks as the Federal Reserve decided that it would leave interest rates untouched.
Bitcoin forms a “Golden Cross” pattern on the technical charts suggesting a bullish price actions going ahead.
Experts continue to speculate on what the SEC’s next course of action regarding crypto-based ETF applications could be.