Crypto Funds Struggle Compared to Bitcoin
OKX's founder Star claims no crypto fund has outperformed Bitcoin over the last decade, predicting a 100x growth for the industry. He acknowledged feedback on OKB's lack of use cases and poor listings. A new secret business line for OKX is set to launch in February.
In other news, Ethereum spot ETFs saw a net outflow of $39.432 million, while Bitcoin ETFs faced a larger outflow of $284 million. Notably, BlackRock's ETHA and IBIT ETFs saw significant inflows.
Read more about OKX's updates here, Ethereum's ETF activity here, and Bitcoin's ETF activity here.
#OKX#Bitcoin#Ethereum#Crypto#ETFs#BlackRock#OKB#NFTs#Web3#DeFi#Soneium#S.BLOX #Blockchain#Investing#Finance#BitcoinETF#EthereumETF#VC#AI
Musk's Ambition vs. Reality Check
Elon Musk emphasizes ambitious startups to change the world, yet he admits to founding zip2 for profit. To fund his dream of space travel, he aimed for quick cash during the dot-com boom, leveraging simple tech ideas. His success in early startups paved the way for SpaceX and Tesla, which he financially supported himself. The takeaway? Most need to start with smaller, realistic goals before tackling grand visions.
Key Insights:
- Musk's journey began with profit-seeking.
- Early startup success critical for later ventures.
- Most should follow the first step before the grand vision!
📉AI tokens market caps drop by $14B in three weeks, now at $6.2B.
Read more: News
#AI#Crypto#VC#Musk#Startups#SpaceX#Tesla#Entrepreneurship#Innovation#Technology#Investment#MarketTrends#AItokens#DotcomBubble#Funding#BusinessStrategy#Profit#Success#Wealth
DarkFi Launches Anonymous App in Alpha
DarkFi, led by crypto anarchist Amir Taaki, has launched an anonymous app in alpha. This initiative aims to enhance privacy in decentralized finance. For more details, visit The Block.
In other crypto news, substantial transactions were observed, including 1,875 BTC moved between unknown wallets and a 142 million USD transaction of USDT from Tether Treasury. Michael Sonnenfeldt highlighted a bullish sentiment on Bitcoin among the ultra-rich.
Additionally, Tornado Cash co-founder Alexey Pertsev has been released from prison, and now, approximately $196 billion worth of Bitcoin is held by ETFs and companies.
For those interested, check the Bitcoin investment case here.
#DarkFi#Privacy#Bitcoin#BTC#Crypto#Tether#USDT#Tiger21#CryptoNews#Blockchain#DeFi#Investment#ETF#TornadoCash#AmirTaaki#WhaleAlert#LeviathanNews#CryptoMarket#TechNews#AI#VC
Hohem Raises $13.76M
Hohem secures $13.76 million funding in a round closing on December 12, 2024. The brand specializes in AI tracking gimbals for both consumers and professionals, offering stabilizers for smartphones and cameras.
Learn more here
#Funding#Gimbals#AI#Video#Smartphone#Camera#Stabilizers#Tech#Innovation#Cameras#ConsumerElectronics#ProfessionalGear
Crypto Industry Echoes Dotcom Boom
🔍 A new report from BloFin indicates that the crypto market mirrors the dotcom boom's phase in the US. Increased liquidity is observed, with monetary conditions easing, hinting at a potential altcoin season. Experts believe Bitcoin and Ethereum may lead market movements based on liquidity trends and general economic conditions. For an in-depth analysis, click here.
Furthermore, recent volatility shows cryptocurrency's risks due to inflation concerns tied to potential political changes in the US. Two scenarios are examined: bullish expectations from liquidity influx versus bearish forecasts stemming from inflationary risks and market overexcitement. A detailed breakdown is available in the full analysis.
Also, CryptoQuant signals a 'buy on dip' for Bitcoin as large investors increase purchases.
Learn more about the latest developments here.
#Crypto#Bitcoin#Altcoins#Liquidity#MarketTrends#DotcomBoom#Investments#EconomicGrowth#Inflation#PoliticalRisk#QuantAnalysis#InvestmentStrategies#USMarkets#DigitalAssets#Volatility#AI#VC
DeepSeek AI Disrupts Tech and Crypto Markets
DeepSeek, a Chinese AI startup, launched its DeepSeek-R1 model, rivaling OpenAI's offerings but at significantly lower costs. The buzz around DeepSeek has led to a $1 trillion drop in US tech stocks, with Nvidia shares tumbling nearly 10%. Experts caution against hasty conclusions regarding the market reaction. Amidst this, investment director Michael van de Poppe advises Ethereum investors to stick to long-term strategies, predicting positive growth for Ethereum and Solana in 2025 due to lower interest rates and geopolitical instability. Read more about the implications of DeepSeek's emergence on the tech landscape here.
#AI#DeepSeek#Crypto#Ethereum#Solana#TechStocks#Nvidia#MarketCrash#Investing#Finance#Web3#MachineLearning#ArtificialIntelligence#Startups#China#Innovation#Stocks#HedgeFund#DeFi#Trends#MarketTrends
🙈 Против такого оппонента сложно выстоять – если речь о «Большом шоу», конечно
#Macron#Zelensky#Ukraine#EmmanuelMacron#AI#NeuralNetwork#France#Kyiv#Paris#VolodymyrZelensky#ВладимирЗеленский#Трамп#США#Америка#БольшоеШоу#Юмор#ДональдТрамп#Политика#Politics#News#Trump#USA#America#BigShow#Humor#DonaldTrump
Major Crypto Movements and SEC Updates
🔴 1,800 #BTC transferred from #Kraken to unknown wallet (Value: $151.7M).
🔴 The SEC announces meme coins are generally not securities.
🔴 Coinbase and SEC have dismissed their lawsuit with prejudice.
🔴 SEC ends investigations into Robinhood, Uniswap, Gemini, and Consensys.
🔴 50,000,000 #USDC burned at USDC Treasury - full details here
Current Bitcoin price: $84,000.
#BTC#Kraken#USDC#SEC#Crypto#Coinbase#WhaleAlert#MemeCoins#Robinhood#Uniswap#Gemini#Consensys#Lawsuit#Investigation#Burn#Treasury#Market#CryptoMarket#Bitcoin#VC#AI
Семья — это главное 😎
#Семья#Любовь#Форсаж#Кино#Россия#Праздник#ВинДизель#ПолУокер#Фильм#Нейросети#ИИ#Family#Love#FastAndFurious#Cinema#Russia#Holiday#VinDiesel#PaulWalker#Film#NeuralNetworks#AI
Argentina's Opposition Eyes Impeachment Over LIBRA
Argentina's opposition is considering impeachment for President Milei after conflicting support for the LIBRA token. This follows a controversial launch that saw rapid investment and then a significant drop in value, leading to accusations of mismanagement and deception. The situation raises questions about political influence in cryptocurrency projects.
Read more: Reuters
#Argentina#LIBRA#Crypto#Impeachment#Milei#Investment#MarketManipulation#EconomicCrisis#Blockchain#DeFi#RugPull#Politics#Cryptocurrency#TokenLaunch#InsiderTrading#Securities#AI#VC