Qualcomm, a titan in the realm of high-end smartph0ne processors, is gearing up to unveil the third generation of its Snapdragon 8 chip. This announcement is particularly noteworthy given that its current top-of-the-line predecessor, the Snapdragon 8 Gen 2, currently holds the title of the second most powerful smartphone chip ever, according to Antutu benchmarks, bested only by the Dimensity…
Month: October 2023
MicroStrategy’s Bitcoin stash back in profit with BTC price above $30K
The Michael Saylor-led software firm has made $132 million in unrealized profits from its Bitcoin bet. Source: https://cointelegraph.com/public/index.php/news/micro-strategy-bitcoin-holdings-profit-btc-price-30k
Bitcoin Touches $34K as $114 Million in Shorts Liquidated
After a Monday morning rally that saw the price of Bitcoin shoot past $31,000, the largest cryptocurrency by market cap got a second wind hours later, surpassing $34,000 later in the day, according to data from CoinGecko. The new benchmark set a record high for 2023, reaching values not seen since last May, triggered a torrent of BTC shorts, leading…
Film3 Summit Returns to L.A. Alongside Streaming Festival With Theta
Film3, a community of filmmakers and entertainment professionals who seek to leverage blockchain technology, will have a fresh spotlight this coming weekend at the second annual Film3 Summit in Los Angeles. The event, which is produced by “The Squad”—a core collective of Film3 enthusiasts founded by filmmaker Jordan Bayne—will take place from October 27-29 at the offices of Famecast in…
Bitcoin suddenly rockets past $34K as ETF excitement grows
The price of Bitcoin (BTC) quickly surged to $34,000 amid recent developments in the Bitcoin ETF space. Source: https://cointelegraph.com/news/bitcoin-btc-price-breaks-34000-etf-excitement-grows
Ghost in the Machine: OpenAI CEO Sees ChatGPT on Track from AI to AGI”
Can machines really achieve the multifaceted intelligence that defines the human intellect? With GPT-3, its powerful new language model, OpenAI says it is closer than ever before. Sam Altman, the visionary CEO of OpenAI, shared his take on the trajectory of artificial intelligence, in an interview with The Wall Street Journal. “The future might see AI models requiring less training…
Bitcoin price trades near key $31.7K pivot point — Can BTC bulls keep up the volume?
Bitcoin (BTC) price pushed above the $31,000 mark on Oct. 23, notching a near 4-month high last seen when BTC price traded at $31,800. The fresh upside push comes as analysts and investors express their excitement over new developments which could point to the impending launch of a spot Bitcoin ETF. So two things caught my eye from the latest…
BlackRock’s spot Bitcoin ETF is now listed on Nasdaq trade clearing firm — Bloomberg analyst
The iShares spot Bitcoin exchange-traded fund (ETF) proposed by investment firm BlackRock has been listed on the Depository Trust & Clearing Corporation (DTCC), suggesting potential approval by the United States Securities and Exchange Commission, or SEC. According to an Oct. 23 X (formerly Twitter) thread, Bloomberg ETF analyst Eric Balchunas said the DTCC listing was “all part of the process”…
What Are the Odds Sam Bankman-Fried Testifies in His Trial?
A defendant facing criminal charges has the right to testify during their trial, but many don’t. Now, several weeks into Sam Bankman-Fried’s case, the FTX founder still hasn’t decided whether he’ll take the stand. Bankman-Fried has remained silent so far, as he defends himself against seven fraud and conspiracy charges in federal court. Meanwhile, the jury has heard at length…
SEC Ordered to Review Grayscale’s Bitcoin ETF Application
The U.S. Court of Appeals has issued its highly anticipated order for the Securities and Exchange (SEC) to review Grayscale’s spot Bitcoin ETF application. “In accordance with the judgment of August 29, 2023… this constitutes the formal mandate of this court,“ wrote Court of Appeals Clerk Mark Langer in a Monday filing. The judgment relates to Grayscale’s lawsuit against the…