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Weekly Digest
The Weekly Digest covers enterprise, finance & investments, health and medicine, international politics, music, and chatbot technology. We explore industries like auto, food service, and crypto and keep current on the latest in AI & business.
Weekly selection
Bitcoin Must Exceed $65.2K to Break Downtrend, According to Bitfinex Analysis
Bitcoin must break above the crucial $65,200 resistance to confirm a trend reversal, as analysts at Bitfinex note. Investors are watching closely a...
1 min. read. 3 likes
Core Scientific Poised to Become a Leader in AI Hosting
Core Scientific is transitioning from crypto mining to AI hosting, leveraging its infrastructure and expertise to provide scalable, high-performanc...
1 min. read. 3 likes
MicroStrategy Expanding Bitcoin Holdings, Preparing for Further Purchases
MicroStrategy has acquired 7,420 more Bitcoins for $458.2 million, raising its total holdings to 252,220 BTC, worth $9.9 billion, as part of its on...
1 min. read. 3 likes
Federal Rate Cut Boosting Ethereum Rally While ETFs Face Outflows
The Federal Reserve's rate cut boosts Ethereum's (ETH) price, but ETFs see outflows as investors sell for profit or hold ETH directly for potential...
1 min. read. 3 likes
Fed Rate Cuts: Potential Risks for Crypto Markets
"Arthur Hayes warns that potential Federal Reserve rate cuts may bring temporary relief to traditional markets but could spark increased volatility...
1 min. read. 3 likes
Latest News
Sneha Ghodvaidya
. Oct. 08, 2024.Midas Expands Tokenized Products for Retail Users with European Regulatory Approval
Unlock new investment opportunities with Midas! Now offering tokenized real-world assets to retail users, bringing traditional finance to blockchain. Experience greater accessibility and liquidity in markets once limited to institutions.
2 mins. read. likes
ABHIDHA
. Oct. 08, 2024.Donald Trump’s Surge on Polymarket Raising Manipulation Concerns
Donald Trump’s Polymarket lead sparks speculation of manipulation, with some suspecting Elon Musk’s involvement. A user named "Fredi9999" is under scrutiny for holding the largest Trump shares.
2 mins. read. likes
Sneha Ghodvaidya
. Oct. 07, 2024.Memecoin MoodEng Skyrockets 480% After Vitalik Buterin's Mention and Donation Sales
Memecoin "MoodEng" surged 480% after Ethereum co-founder Vitalik Buterin mentioned it and joined donation sales, highlighting his influence on Ethereum projects and reigniting interest within the volatile memecoin community.
1 min. read. likes
ABHIDHA
. Oct. 07, 2024.UAE is Paving the Way for a Crypto Boom with New Tax Exemption Policy
The UAE will exempt cryptocurrency transactions from VAT starting November 15, 2024, fostering growth and investment, positioning the country as a key global hub for digital assets.
2 mins. read. likes
Sneha Ghodvaidya
. Oct. 04, 2024.CFTC Subcommittee Recommends Tokenized Shares as Collateral
Could tokenized shares revolutionize finance? A CFTC subcommittee proposes allowing firms to use blockchain-based shares as collateral, potentially enhancing liquidity, reducing costs, and bridging traditional and digital markets.
1 min. read. likes
ABHIDHA
. Oct. 04, 2024.Toncoin Facing Potential 17% Drop Amid Market Weakness
Toncoin (TON) risks a 17% drop as it approaches critical support, with negative funding rates and bearish indicators suggesting further declines if the current level doesn't hold.
1 min. read. likes
ABHIDHA
. Oct. 04, 2024.Toncoin Struggling to Break $6 Barrier Until End of October Due to Bearish Momentum
Toncoin struggles below $6 due to bearish signals from the Ichimoku Cloud and major investor sell-offs, with further declines likely unless key support at $5.37 is regained.
1 min. read. likes
Sneha Ghodvaidya
. Oct. 04, 2024.Caroline Ellison's Sentencing Overshadowed by the Presence of Sam Bankman-Fried
Despite facing sentencing, Caroline Ellison's role in the FTX collapse was overshadowed by Sam Bankman-Fried, diverting attention from her leadership at Alameda Research and the charges against them both.
1 min. read. likes
Sneha Ghodvaidya
. Oct. 01, 2024.MetaPlanet Acquires 107 More Bitcoin, Stock-to-BTC Ratio Rises to 20%
MetaPlanet purchases 107 more Bitcoin, raising its stock-to-BTC ratio to 20%. The investment firm reinforces its commitment to digital assets, reflecting belief in Bitcoin's long-term potential.
2 mins. read. likes
ABHIDHA
. Oct. 01, 2024.XRP Price Struggle Is Showing Signs of Easing as Q4 2024 Approaches
XRP's six-month struggle to break resistance may end in Q4 2024, as long-term holders show optimism, though profit-taking investors create mixed signals for the altcoin’s price outlook.
1 min. read. likes
Discover
ABHIDHA
.Dogwifhat Experiencing Rising Volatility Amid Recent Rally
Dogwifhat (WIF) surged 30% amid rising volatility, but low new demand raises concerns. If buyers exhaust, prices may drop to $1.96, though speculat...
1 min. read. 3 likes
pallavi
.Binance Founder Changpeng Zhao Set for Potential Release
As of my knowledge cutoff in October 2023, there are no reports of Changpeng Zhao being in custody. I recommend checking recent sources for the lat...
2 mins. read. 4 likes
SEC's Gensler Stays Silent on Trump's Bitcoin Reserve Proposal
SEC Chair Gary Gensler sidesteps commenting on Trump's U.S. Bitcoin reserve proposal, reiterating Bitcoin isn't a security—highlighting the compl...
2 mins. read. 3 likes
pallavi
.Guggenheim Tokenizes $20M of Commercial Paper on Ethereum
Guggenheim Partners tokenizes $20M in commercial paper on Ethereum, revolutionizing traditional finance by enhancing liquidity and streamlining ope...
2 mins. read. 3 likes
Crypto Hackers Steal $409 Million in Q3, According to Immunefi
Crypto hackers stole $409 million in Q3 2024, revealing growing vulnerabilities in DeFi projects. Immunefi's report highlights the urgent need for ...
2 mins. read. 3 likes
Knits By Racoon
Jul. 02, 2024Bitcoin ETF Inflows Reaching Monthly High as Bitcoin Hovers Near $63K
2 mins. read. 2 likes
Knits By Racoon
Jun. 28, 2024Curve Finance Adopting crvUSD for Fee Distribution
2 mins. read. likes
Knits By Racoon
Jul. 02, 2024Cardano Nodes Undergoing Upgrade to Boost Security After DDoS Attack
2 mins. read. likes