‘Is that legal?’ — Elon Musk chides OpenAI’s for-profit pivot after $50M investment By Cointelegraph
[ad_1] © Reuters. Billionaire Elon Musk has queried whether it’s legal for OpenAI — the firm behind ChatGPT — to become a for-profit business after...
Potential Fed pivot has crypto and macro analysts ultra-bullish on Bitcoin’s price prospects By Cointelegraph
[ad_1] © Reuters The United States Federal Reserve began its most aggressive quantitative tightening efforts in March 2022, raising benchmark interest rates in the year...
Why Can’t Banks Raise Their Rates on Deposits?
As the Federal Reserve has hiked rates from 0% to over 4.75%, the average interest rate on bank deposits has remained low, around the FDIC’s...
Ark Invest CEO sees potential crypto rebound amid whiffs of a Fed pivot By Cointelegraph
[ad_1] The chief executive from crypto and tech investment firm Ark Invest believes crypto assets will see a huge turnaround this year as inflation falls...
‘Forget a pivot’ — Markets won’t see Fed rate cut boost in 2023, says analyst By Cointelegraph
[ad_1] (BTC) and other bulls will not benefit from a major change in United States inflation policy in 2023, one analyst says. In a Twitter...
Bitcoin Breaks Above $20k, Ethereum Rallies on Fed Soft Pivot Hopes By Investing.com
[ad_1] © Reuters By Ambar Warrick Investing.com– Bitcoin hit a three-week high on Wednesday, while Ethereum reached its highest level since the merge as growing expectations...
Neutrino, Vires Finance and Waves bag 100%+ gain after pivot toward interoperability By Cointelegraph
[ad_1] Ongoing developments on the global stage continue to cause havoc in traditional markets and in the cryptocurrency sector. Despite these headwinds, projects in the...
Russian miners keep running, may see pivot to Bitcoin in response to sanctions By Cointelegraph
[ad_1] © Reuters. Russian (BTC) miners are reportedly running as usual despite the government’s invasion of Ukraine this week. According to estimates from the Cambridge...