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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bearish sentiments continue to dominate the Bitcoin market as the leading cryptocurrency registered a decisive price break below the $100,000 psychological support zone. Following this highly volatile display, blockchain analytics firm Glassnode has noted the reaction of the BTC options market. Bitcoin Traders Expect More Correction Ahead The BTC options market allows traders to gain the right to buy or sell Bitcoin at a specific price or on or before a certain date. Options let traders hedge against risk, and bet on volatility, among other features, and…

>>>> gd2md-html alert: inline image link in generated source and store images to your server. NOTE: Images in exported zip file from Google Docs may not appear in the same order as they do in your doc. Please check the images!—–>If you’re not a developer, then why in the world would you want to run an open-source AI model on your home computer?It turns out there are a number of good reasons. And with free, open-source models getting better than ever—and simple to use, with minimal hardware requirements—now is a great time to give it a shot.Here are a few…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitmine Immersion Technologies, the leading Ethereum treasury company, has appointed a new CEO and new board members. This move comes as the firm, which initially launched as a crypto mining company, looks to overhaul its leadership. Chi Tsang As CEO And Board Member In a press release on Friday, November 14, Bitmine announced Chi Tsang as the company’s new chief executive officer and a member of the board of directors, effective immediately. Tsang, founder of venture firm m1720, will be replacing Jonathan Bates, who has been CEO…

Five years ago, if you wanted to bring a software idea to life you had two choices. Learn to code well enough to build it yourself or pay someone who knew what they were doing.Either way it took time, money, and the kind of technical commitment most people understandably avoided. Today that entire process feels almost quaint.We now live in a world where anyone with a clear idea and an hour to spare can build something that behaves like a custom piece of software without writing a line of code. I call these creations AI ghost apps, and I think…

In brief Harvard’s endowment reported holding 6.8 million IBIT shares valued at about $443 million. Emory University also increased its Bitcoin exposure via ETFs during the quarter. Both endowments show universities are expanding their positions even as recent spot Bitcoin ETF outflows increase. Harvard University sharply increased its Bitcoin exposure in the third quarter, substantially boosting its position in BlackRock’s market-leading crypto ETF.According to a Form 13F filed with the U.S. Securities and Exchange Commission, Harvard Management Company held 6.8 million shares of BlackRock’s iShares Bitcoin Trust as of September 30. The position was valued at about $442.8 million, with…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The ex-CFO of a private software company has been declared guilty of wire fraud after using the company’s cash to fund a cryptocurrency side business. Crypto Side Hustle Gone Wrong In a recent press release, the US Attorney’s Office, Western District of Washington, announced the conviction of Nevin Shetty, who misappropriated $35 million belonging to his former employer. The 41-year-old man from Mercer Island, Washington, resumed as the CFO of an unnamed private software company in March 2021, a time during which the firm was actively fundraising.…

As the BTC price tumbles below $100,000, Glassnode would like to share a depressing stat. If you’ve been stacking sats anytime since late spring, it’s fair to say the honeymoon is officially on pause.With Bitcoin trading at $96,000, a whopping 99% of investors who bought in the past 155 days are in the red.With a BTC price at $96K, 99% of recent buyers are in the redBTC price continues to slide but narrative is winning the dayNearly two weeks of selling pressure on the BTC price have left traders and Twitter prophets alike picking through the debris for signs of…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US Department of Justice (DOJ) has brought to light a new digital asset fraud scheme, culminating in the sentencing of a crypto CEO to almost five years in prison.  Travis Ford, the CEO, co-founder, and head trader of Wolf Capital Crypto Trading, was found guilty of orchestrating a crypto investment fraud conspiracy. Ford, hailing from Glenpool, Oklahoma, is said to have played a crucial role in raising $9.4 million from around 2,800 investors through false promises of high returns. Promising Unrealistic Returns According to the Department…