Tag: News

Buy the rumor, sell the news? Not with Bitcoin’s ETF

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Crypto market analyst known as Mr. Anderson on Twitter suggested that the old adage of “buy the rumor, sell the news” does not apply to the current situation. According to Anderson, selling when the Bitcoin (BTC) spot exchange-traded fund (ETF) is finally approved — as many market participants anticipate will happen very soon — is not a good idea. He wrote in a Jan. 2 tweet: There’s a big difference between saying Buy the Rumor, Sell the news 2-months ago vs saying it today.The point is that the big money…

How news and rumors impact crypto market

The crypto market declined after the Matrixport report, raising questions about its vulnerability to manipulation and external influences. On Jan. 3, the crypto market cap plummeted by over 6%, erasing over $100 billion in value, a phenomenon that coincided with a research report from Matrixport, a prominent digital asset investment platform. Matrixport’s report speculated that the U.S. Securities and Exchange Commission (SEC) would reject all pending applications for spot Bitcoin ETFs, contrary to widespread expectations of approval in January.  The report’s release and subsequent coverage by crypto news outlets notably…

What is Truflation? | Blockchain News

Overview  Truflation is an innovative financial data service offering real-time economic and inflation data through blockchain technology. This platform has been designed to provide more accurate and transparent inflation data compared to traditional methods like the Consumer Price Index (CPI). Truflation, launched with its initial reports in December 2021, is an independent data service aimed at delivering real-time inflation calculations. Unlike the CPI, which is calculated by the Bureau of Labor Statistics (a U.S. government agency), Truflation is a private service that updates its methodology annually, using modern consumer and…

Is A Bitcoin Spot ETF Approval A Sell The News Event? Experts Respond

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All attention of crypto investors has turned toward January 10 when the first Spot Bitcoin ETF is expected to be approved. As usual, the excitement triggered by this has seen prices recover across the space, with no doubt about the bull sentiment leading up to the event. However, arguments have arisen about whether this bullish sentiment would continue if a Spot ETF is eventually approved or if it will end up being a “sell the news” event. What Is A Sell The News Event? The phrase “sell the news” is…

What is Gamma AI? | Blockchain News

Overview Gamma AI encompasses a suite of AI-driven applications and services designed to enhance business processes and presentations. It leverages cutting-edge machine learning algorithms to offer real-time data-driven insights, supporting better decision-making in business contexts​​. Source: Gamma AI Core Features and Services Presentation and Document Creation: Gamma AI specializes in creating engaging and professional presentations, documents, and webpages from text prompts. It simplifies the design process, requiring no advanced design skills from users. This feature is particularly beneficial for creating drafts for documents, decks, and webpages with minimal effort​​​​. Data…

What is ChatGPT 5? | Blockchain News

Introduction ChatGPT 5 represents the anticipated next step in the evolution of OpenAI’s generative language models. Following the public debut of ChatGPT in late 2022 and the subsequent release of GPT 4, expectations are high for what ChatGPT 5 might bring to the world of AI-driven chatbots and language processing. Development and Anticipation As of the latest information, OpenAI has not officially announced ChatGPT 5. Speculation suggests that OpenAI is working on the model, but challenges such as the availability of necessary components like Nvidia GPUs have impacted development. Given…

Bitcoin Struggles for Direction in Run Up to Christmas – Blockchain News, Opinion, TV and Jobs

Bitcoin (BTC) concluded the week at approximately $41,400, reflecting a 5.5% decline compared to the previous week’s closing value of around $43,800. The price experienced a notable dip on Monday, reaching a weekly low of about $40,225 before staging a strong recovery and surpassing the $43,000 threshold on Wednesday and Thursday. Over the weekend, negative price movements brought the closing price to around $41,400, with the downtrend persisting into Monday the 18th, as BTC broke below the $41,000 trading level. This past week marked the first instance of a weekly…

Solana’s BONK Token Rockets To New Heights, Surging 121% On Binance Listing News

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In an unexpected turn of events, the Solana-based memecoin Bonk (BONK) has experienced an extraordinary 1,000% monthly surge following its recent listings on major cryptocurrency exchanges.  The momentum began with Coinbase’s listing, followed closely by Binance’s surprise announcement, propelling BONK to new heights and generating enthusiasm within the crypto community. Astounding 1,000% Surge On Binance And Coinbase Listings The listing on Binance proved to be a game-changer for BONK, as its price skyrocketed above $0.00003, marking an astounding increase of over 1,000% in just one month. The frenzy surrounding the memecoin…

AI-generated news anchors to present personalized reports on Channel 1 AI in 2024

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The media company Channel 1 AI is rolling out a brand new newsroom in 2024, with a catch — it’s powered by generative artificial intelligence (AI) and manned by AI-generated news anchors who will deliver personalized AI-generated content.  On Dec. 12, the channel released a teaser video of its upcoming segments on the social media platform X (formerly Twitter) with AI-generated news anchors delivering the company’s mission. See the highest quality AI footage in the world. – Our generated anchors deliver stories that are informative, heartfelt and entertaining. Watch the…