“The Swiss regulation related to digital assets is one of the first and most advanced in the world, since it provides clarity and a comprehensive regulatory environment for our clients,” said John Whelan, head of crypto and digital assets at Santander, in an email. “As holding of crypto as an alternative asset class continues to expand, we expect that our clients prefer to rely on their existing financial institutions to be responsible for their assets.” Source
Day: November 20, 2023
Analysts focus on Rebel Satoshi, Shiba Inu, and Zcash ahead of crypto bull run
Market analysts bullish on Shiba Inu in 2024. Rebel Satoshi presale in progress Crypto analysts forecast Zcash to break above $50 by the end of 2024 Market analysts have been closely analyzing the crypto landscape, sometimes digging out opportunities. Presently, their attention is on Rebel Satoshi (RBLZ), Shiba Inu (SHIB), and Zcash (ZEC). RBLZ on focus As financial analysts evaluate the merits of Rebel Satoshi against its competitors like Shiba Inu and Zcash, the project’s features could explain the rising interest. Rebel Satoshi embodies a movement, a call to challenge the status…
Sam Altman, Former OpenAI CEO, Lands at Microsoft
Altman and other departed OpenAI staff will join a new advanced AI research team at the software giant. Source
Top Investors at OpenAI Demand to Bring Sam Altman Back as CEO
Amid all the drama that’s unfolding at OpenAI, reports suggest that Sam Altman won’t rejoin the company, but rather lead the AI research team at Microsoft. Over the last weekend, some major drama unfolded at the artificial intelligence firm OpenAI upon the ouster of company CEO Sam Altman. However, sources familiar with the matter stated that top investors at OpenAI have been pushing to bring back Altman as the CEO. Top supporters of OpenAI, including Microsoft, Tiger Global, and venture firm Thrive Capital, are reportedly involved in an initiative to…
Bitcoin and Ethereum bounce back, breaking $37k and $2k
The two largest cryptocurrencies by market capitalization, Bitcoin and Ethereum, have bounced back above $37,000 and $2,000 as the market trend goes bullish again. Bitcoin price Bitcoin (BTC) is up by 1.7% in the past 24 hours and is trading at $37,250 at the time of writing. The asset’s market cap currently stands at $728 billion, with a market dominance of 51.4%. Bitcoin’s 24-hour trading volume also registered notable gains, reaching $14.27 billion. BTC price, whale activity, Binance funding rate and open interest – Nov. 20 | Source: Santiment As…
Microsoft hires Sam Altman, Greg Brockman after departure from OpenAI
Microsoft CEO Satya Nadella posted on X, stating that the company is hiring both former OpenAI CEO Sam Altman and president Greg Brockman. On Nov. 20, Nadella posted that he is “extremely excited to share the news that Sam Altman and Greg Brockman, together with colleagues, will be joining Microsoft to lead a new advanced AI research team.” We remain committed to our partnership with OpenAI and have confidence in our product roadmap, our ability to continue to innovate with everything we announced at Microsoft Ignite, and in continuing to support…
Breaking: Sam Altman and Greg Brockman to Join AI Research Team at Microsoft, Says CEO Satya Nadella
Former OpenAI CEO Sam Altman together with some of his colleagues will join Microsoft to lead its AI research team. Just a couple of days ago Sam Altman made headlines as it was revealed that he was leaving OpenAI. And now Microsoft CEO Satya Nadella has made an exciting announcement related to the future career of Altman. Ex-CEO of OpenAI together with some of his colleagues, including the former president of OpenAI Greg Brockman, will join Microsoft to lead its AI research team. We remain committed to our partnership with…
$1,000,000,000 in Ethereum (ETH) Leaves Centralized Crypto Exchanges in Just Three Weeks: IntoTheBlock
A leading blockchain analytics firm says traders are moving Ethereum (ETH) out of centralized crypto exchanges en masse. In a new report, IntoTheBlock says it is looking at Ethereum’s exchange netflows, which tracks the ETH moving in and out of centralized crypto exchanges by subtracting the amount of a coin’s withdrawals from its deposits. According to the intelligence firm, Ethereum witnessed $320 million in outflows last week, bringing the total amount of outflows to $1 billion in just three weeks. Source: IntoTheBlock/X At time of writing, Ethereum is trading for…
XRP Price Correction Is Over, Targets Set By Top Crypto Analysts
The XRP price has risen by around 6% in the past three days, triggering renewed optimism among investors and analysts. The two analysts Dark Defender and Egrag see the current trend as a turning point. XRP Price Correction Over? Dark Defender has highlighted a key development in the 4-hour time frame, observing the end of a corrective structure and identifying that XRP has reached an oversold area. “We can expect a move to $0.6649 first,” Dark Defender stated, referencing the Fibonacci retracement levels and a 5 Wave Elliott structure that…
OpenAI CEO Drama Keeps PolyMarket Betters Busy
Another contract asks if Altman would be criminally charged by Nov. 30, with Yes currently trading at 1 cent. A report from Axios, citing a leaked memo, says that Altman’s firing “was not made in response to malfeasance or anything related to our financial, business, safety, or security/privacy practices.” Source