A recently-released set of early Satoshi emails contains some interesting insights into the network and its creator.
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.
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, we look at the aftermath of the ETFs launch, as well as whether these new products introduce unwanted risk. China slips further into deflation, and OpenAI is challenging the New York Times' copyright lawsuit.
SEC's Tentative Nod To Bitcoin ETFs
The SEC's approval of the first spot bitcoin ETFs marks a pivotal yet contentious moment in crypto regulation. With mixed responses from commissioners and industry players, the decision reflects deep divisions within the SEC and broader financial community about the role of cryptocurrencies.
Will ETFs Really "Centralize" Bitcoin?
Critics believe that ETFs are against the P2P ethos of Bitcoin. They may be right, but some of the potential problems may be overblown, and others are a lot better than the existing alternative.
China's Persistent Deflation: Consumer Prices Drop For Third Month
China's consumer price index (CPI) has remained in deflation for the third consecutive month, dropping 0.3% year-on-year in December. Despite stimulus measures, the economy faces challenges with weak trade and a property sector slowdown. Full-year inflation in 2023 was only 0.2%, and exports and imports showed mixed results.
OpenAI Challenges New York Times Copyright Lawsuit
OpenAI counters The New York Times' lawsuit alleging copyright infringement by ChatGPT. Filed in December, the lawsuit accuses OpenAI of using the newspaper's content in developing their models. OpenAI denies these allegations, citing "inadvertent memorization" and the minimal impact of such content on its model, and remains open to future partnerships.
Bitcoin ETFs: A New Chapter In Cryptocurrency Trading
The launch of 11 US Bitcoin ETFs, including Grayscale's $28 billion trust, saw day 1 trading volumes exceeding $4.6 billion. Despite the enthusiasm, this isn't all new capital, hinting at cautious optimism in the market's long-term growth.
BTC ETFs Day 1 By The Numbers
As the data continues to come in, what can we deduce from yesterday's record-breaking ETF debut, and are there insights that can inform our understanding of how this will impact the crypto markets?
Vanguard And Merrill Lynch Block BTC ETFs
One of the largest investing platforms in the US is refusing customers access to the latest ETFs.
Microsoft And Apple: A Race For Market Supremacy
Microsoft briefly surpassed Apple as the world’s most valuable company, reaching a $2.87 trillion market value, thanks to its AI focus and OpenAI's ChatGPT. Apple, at $2.89 trillion, faced challenges with iPhone sales and AI developments. The long-standing rivalry evolves as Microsoft embraces AI, while Apple plans new 'spatial computing' products.
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