Day: November 20, 2023

Dfinity Partners Blockchain Protocol SingularityNET to Launch Joint AI Initiative 

Aside from the integration of ICP into the SingularityNET protocol, the two companies plan to synergize their grant programs by merging the Deep Funding and DFINITY Developer Grant Programs. The Dfinity Foundation, a not-for-profit research and development organization, has partnered with SingularityNET, an AI-focused blockchain firm, to propel decentralized artificial intelligence (DeAI) on the Internet Computer Blockchain (ICP). According to an official press release on November 20, the collaboration signals a significant leap in the integration of large language models (LLMs) into decentralized applications (DApps) while addressing transparency concerns associated…

Worldcoin (WLD) Price Fluctuates Following Events in AI Industry Including Sam Altman Ousting

The price of Worldcoin has fallen over the last 24 hours as new of Sam Altman’s problems and ousting continue to spread. The price of Worldcoin (WLD) reacted to the news in the artificial intelligence (AI) industry, especially as it relates to OpenAI. WLD, the native token of the Worldcoin project, co-founded by Altman, climbed more than 9% over the last 24 hours, and traded at $2.55, according to data from CoinGecko. Data also showed that it rose more than 31% over the past week. Unfortunately, current data at the…

Bitcoin (BTC) Market Cap Could Surpass $3T by Mid-2025 Fueled by Geopolitical Instability

Bernstein analysts are convinced the flagship digital asset will continue on a bullish trajectory amid the incoming halving event that will reduce Bitcoin’s monthly selling pressure to less than $500 million. Bitcoin (BTC) opened the fourth week of November with a renewed bullish outlook fueled by the victory of Argentina’s pro-Bitcoin and anti-CBDC President Javier Milei. The stability and economic balance of the mother coins have undeniably impressed a lot of institutional investors seeking to protect their wealth from mainstream inflation. According to our latest market data, Bitcoin’s daily average…

Osaka Digital Exchange (ODX) to Start Trading of Digital Security Tokens in Japan

ODX said the token issuance will take place on Progmat, a robust software platform dedicated to the issuance and management of digital assets.  Osaka Digital Exchange (ODX) is set to transform the Japanese financial landscape with the launch of the country’s first-ever securities trading platform. The announcement, made on November 20, revealed that the company will commence trading of security tokens on its proprietary platform, dubbed “START,” on December 25, Christmas day. Having secured regulatory approval from Japan’s financial watchdog on November 16, ODX is now authorized to operate the…

Osaka Digital Exchange to launch trading of Japan’s first digital securities 

According to a Nov. 20 notice from Japan’s Osaka Digital Exchange, ODX is set to initiate the trading of digital securities in the country through the issuance of security tokens on Dec. 25. These tokens will be issued by Ichigo, a Tokyo-based real estate investment company, and Kenedix, selling about $20.1 million in securities, according to a coinciding Bloomberg report. Dedicated to ongoing efforts The introduction of the trading of security tokens on the exchange is said to be geared towards streamlining the investment process for individual investors, however, the…

Bloomberg Intelligence Envisions $100 Billion Market If Regulatory Approval Granted

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As Bitcoin (BTC) continues its upward trajectory toward $38,000, the long-awaited arrival of a US spot Bitcoin exchange-traded fund (ETF) could open the floodgates of digital currency investing for institutional and retail investors. Notably, Bloomberg Intelligence estimates that the potential spot Bitcoin ETF market could reach a staggering $100 billion, signaling a breakthrough for cryptocurrencies on Wall Street. Inquiries Surge As Spot Bitcoin ETF Looms The anticipation surrounding Bitcoin ETFs stems from the expected regulatory approval by the US Securities and Exchange Commission (SEC). After a decade of rejecting various…

Celsius (CEL) Revamp Plan Hits Speed Bump With SEC: Source

“My understanding is that the SEC asked for more information to make a determination,” the person said. “The way I’m interpreting it is the SEC is telling the committee what they want to see for various parts of the business, and now the committee has to decide what they’re going to do with that information.” Source

OpenAI staff tells board to resign after Sam Altman ousting: Report

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OpenAI staff are reportedly not happy about their board of directors firing founder Sam Altman. According to a social media post from tech podcaster Kara Swisher, employees sent a letter to the board demanding that they resign. A total of 505 out of 700 employees signed the letter, the post stated. Breaking: 505 of 700 employees @OpenAI tell the board to resign. pic.twitter.com/M4D0RX3Q7a — Kara Swisher (@karaswisher) November 20, 2023 OpenAI is the developer of the artificial intelligence (AI) program ChatGPT. The program has over 100 million active users, according…

Bloomberg analysts estimate spot Bitcoin ETF market to hit $100b

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Sources close to Mike Novogratz’s Galaxy Digital say the firm already held a call with hundreds of investment firms about allocating to Bitcoin. Although the U.S. Securities and Exchange Commission (SEC) is yet to approve a spot Bitcoin (BTC) exchange-traded fund (ETF), experts say the market might eventually gain $100 billion from Wall Street investors. As per Bloomberg’s sources familiar with the matter, Galaxy Digital, a crypto bank founded by Bitcoin bull Mike Novogratz, held a call earlier this month with roughly 300 investment professionals about doubling down on Bitcoin.…