Anthropic is in talks with Nvidia about a potential $10 billion investment in what may be the biggest IPO in history, Reuters reported on Saturday, citing people familiar. The people said Anthropic is seeking to raise as much as $100 billion in the offering, which could value the AI company at about $2 trillion. The
Jiang Zhuoer, founder of the B.TOP mining pool, stated in his assessment of Bitcoin’s short-term price movements that a significant correction could occur after the liquidation of highly leveraged positions in the market. According to Zhuoer, in the most likely scenario, Bitcoin will first clear the intense liquidation zone above $76,000. During the same period,
The institutional demand around Bitcoin strengthened as Morgan Stanley expanded MSBT holdings while ETF inflows remained positive. Reportedly, Morgan Stanley’s MSBT Bitcoin ETF received another 51.58 $BTC, valued at around $4 million, from Coinbase Prime. Notably, the latest transaction followed a series of transfers into the fund for the previous two weeks. Across these transfers,
After a strong August rally, where the Spot Bitcoin [$BTC] ETFs recorded $3.52 billion in inflows in a month, the September effect seems to be kicking in. In the past week, from 8th to 11th September, $BTC ETFs recorded outflows worth $462.73 million. The week started on a negative note with a cumulative net outflow
The probability that the Federal target rate could be bumped up by 25 bps to 375-400 bps was increasing by the day. The FedWatch tool showed a probability of a rate hike at 87.3%. This meant that the chances of a bearish Bitcoin [$BTC] price reaction are also higher. In a CryptoQuant analysis, XWIN Japan
Larry Ellison has killed a plan that could have moved as much as $7.5 billion of his Oracle shares into the market, only a day after the plan became public. Oracle (NYSE: ORCL) said Saturday that its co-founder would not sell any stock under the arrangement. The Austin, Texas company disclosed a day earlier that
The public offering of stock for artificial intelligence giant OpenAI appears to be delayed until at least 2027. “I actually think that, given everything happening with safety, right now would be an ill-advised moment to go public, and we don’t feel pressure on that,” OpenAI CEO Sam Altman told Fortune. “We got a lot of
Bitcoin Suisse, which has more than $3 billion in digital assets under custody, plans to cut up to 60 jobs in Switzerland, half its workforce in the country, as the crypto financial services firm moves more software development and back-office work overseas. The Zug-based company, which employs around 200 people globally, is also closing its
The executives racing to build the world’s most powerful artificial intelligence (AI) systems are starting to agree on something that would have sounded extraordinary only a few years ago: the race needs to slow down. Dario Amodei, CEO of Claude’s developer, Anthropic, on Saturday called for companies to deliberately pace advances in frontier AI, arguing
Yi Lihua, founder of Liquid Capital, stated that the strengthening expectations of interest rate hikes over the past two days have led to divergence in the cryptocurrency market regarding direction, and highlighted two possible scenarios and three significant investment opportunities for the upcoming period. According to Yi Lihua, if the Fed actually raises interest rates,