Openai, the artificial intelligence (AI) company, is considering shifting to a for-profit model, according to The Information. Sam Altman, CEO of the company, is said to be contemplating this decision and taking Openai’s non-profit board out of the picture, given that it would not have control over this new venture. The shift might spur an […] Source: https://news.bitcoin.com/openai-reportedly-mulling-for-profit-shift/
Month: June 2024
ETH, TON, UNI, and XMR could rally if Bitcoin clears $68,000
Bitcoin price needs to rise above $68,000 to sustain buying in ETH, TON, UNI, and XMR. Source: https://cointelegraph.com/news/eth-ton-uni-and-xmr-could-rally-if-bitcoin-clears-68-000
T-Mobile Owner Deutsche Telekom Unveils Bitcoin and Lightning Network Node Operations
This week at the BTC Prague conference, Deutsche Telekom’s subsidiary T-Systems MMS announced its operation of a Bitcoin node and a Lightning Network node. Deutsche Telekom, Europe’s largest telecommunications provider and the parent company of T-Mobile, also shared plans to mine bitcoin. BTC Prague Conference: T-Mobile Owner Operates a Bitcoin Node, Plans to Mine the […] Source: https://news.bitcoin.com/t-mobile-owner-deutsche-telekom-unveils-bitcoin-and-lightning-network-node-operations/
‘Everyone Deserves to Play’: Why Xbox Head Phil Spencer’s ‘Doom’ Comments Struck a Nerve
Have you ever said something and then realized that it was going to come back around to haunt you over and over again? Xbox boss Phil Spencer might be spending his downtime with his head in his hands after his most recent statement about the upcoming Doom: The Dark Ages. When taking this new statement in the context of other…
Europe’s crypto industry can ‘sleep better at night’ with new parliament
The European elections have formed a new EU Parliament that will rule for the next five years. Source: https://cointelegraph.com/news/europe-elections-crypto-industry-eu
Ethereum’s Pectra upgrade: Key risks identified in Report
According to a new report by Liquid Collective and Obol, Ethereum’s Pectra upgrade in 2025 poses significant risks, including concerns over client, operator, and cloud diversity. Source: https://cointelegraph.com/news/ethereum-pectra-upgrade-risks-identified
Report Says Biden Administration, Mark Cuban, and Ro Khanna Set for Critical Crypto Roundtable
Members of the Biden administration are reportedly convening for a bitcoin and blockchain roundtable with American entrepreneur and “Shark Tank” star Mark Cuban. This news comes after presidential candidate Donald Trump vowed to “end Joe Biden’s War on Crypto.” Reported Crypto Roundtable With Biden Administration Scheduled for July The former 45th U.S. President, Donald Trump, […] Source: https://news.bitcoin.com/report-says-biden-administration-mark-cuban-and-ro-khanna-set-for-critical-crypto-roundtable/
‘Wall Street Is Greedy’: Tether Co-Founder Predicts Next ETFs After Bitcoin, Ethereum
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Don’t expect crypto ETF momentum to slow after the approvals of spot Bitcoin and Ethereum funds in the United States: Wall Street’s “greed” will bring more…
JPMorgan Chase Captures 18% of US Bank Profits, Highlighting Growing Market Dominance
A report has found that JPMorgan Chase Bank accounted for a substantial 18% share, or $11.7 billion, of the total $64.2 billion net income reported by all FDIC-insured banks for the first quarter of 2024. This data, highlighted by financial reporters Pam Martens and Russ Martens from wallstreetonparade.com, underscores the increasing concentration of profits within […] Source: https://news.bitcoin.com/jpmorgan-chase-captures-18-of-us-bank-profits-highlighting-growing-market-dominance/
Latam Insights: Paraguay Unveils Bitcoin Mining Centric Development Strategy, Itau Unibanco Rolls Crypto Trading for All Customers
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Paraguay unveiled a bitcoin mining-centric strategy, Itau Unibanco rolled out crypto trading services for all its customers, and Worldcoin decided to establish a hub in Argentina. Paraguayan Minister Unveils Future Economic Strategy Centered […] Source: https://news.bitcoin.com/latam-insights-paraguay-unveils-bitcoin-mining-centric-development-strategy-itau-unibanco-rolls-crypto-trading-for-all-customers/