On The Wire: Today's Top Stories In Finance & Tech

Your daily briefing of some of the most important stories from the crypto, finance, and tech space.

The daily news roundup from REX Wire

Welcome to your daily briefing, where we bring you stories from the forefront of finance, technology, and market analysis, sent directly to your inbox.

In today's roundup, central banks adjust strategies following inflation surprises and China's gaming sector hints at recovery, while tech giants lead AI investment surges. Additionally, January brings notable crypto and blockchain events, with potential shifts in the crypto market due to rising spot Bitcoin ETF inflows.


Crypto & Blockchain Events: January 2024

What's new and where is there something to learn in the crypto and blockchain world? Here's our latest edition of "Crypto & Blockchain Events", checking out what's coming up in January.

Crypto & Blockchain Events: January 2024
Stay in the loop with the major crypto & blockchain events of January 2024! It’s another packed month full of exciting discussions, groundbreaking innovations, and networking opportunities.

Central Banks Adapt Post-Inflation Surprises

Central banks, after failing to predict recent inflation spikes, are revising forecasting methods. They're shifting focus to scenario analyses and broader economic factors, acknowledging traditional model limitations and enhancing policy adaptability.

Central Banks Adapt Post-Inflation Surprises
Post-inflation surprises prompt central banks to overhaul their economic forecasting methods.

Chinese Gaming Sector's Tentative Recovery Amid Regulatory Shifts

Following new regulatory guidelines, Chinese gaming stocks like Tencent and NetEase show recovery, with Beijing easing its approach. This shift comes after a significant market sell-off, reflecting ongoing investor concerns about policy unpredictability in China's tech sector.

Chinese Gaming Sector’s Tentative Recovery Amid Regulatory Shifts
Chinese gaming stocks rebound as Beijing softens its stance on sector regulation, stirring cautious market optimism.

Tech Titans Eclipse Venture Capital In AI Investment Surge

In 2023, Microsoft, Google, and Amazon dominated AI startup investments, contributing two-thirds of $27bn raised, overshadowing venture capitals. This trend reflects a shift in the investment landscape, with Big Tech backing foundational AI models and significantly influencing the sector's valuation and growth dynamics.

Tech Titans Eclipse Venture Capital In AI Investment Surge
Tech giants Microsoft, Google, and Amazon lead a major funding shift in AI, outpacing traditional venture capitals in 2023.

Potential Surge In Spot Bitcoin ETF Inflows Set To Revolutionize Crypto Market

BitMEX Research shows 150 crypto ETPs managing $50.3 billion. US spot Bitcoin ETFs might surpass this market, with predictions ranging from Bitwise's $72 billion within five years to Van Eck's conservative $2.4 billion in early 2024. The global trend shows increasing institutional investment in crypto.

Potential Surge In Spot Bitcoin ETF Inflows Set To Revolutionize Crypto Market
Spot Bitcoin ETFs in the US may soon outpace the global $50 billion crypto ETF market, with varied projections on growth.

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