Author: Cointelegraph by Alex O’Donnell

Bitcoin Investing Made Simple!

VanEck says Bitcoin could hit $2.9 million per coin by 2050

Bitcoin Layer-2s could be collectively worth around $7.6 trillion, the report added. Source link

OpenAI could lose $5B this year and run out of cash in 12 months: Report

The ChatGPT maker reportedly will spend some $7 billion on AI testing this year. Source link

Ethereum ETFs start strong but lag epic Bitcoin ETF launch: analysts

Analysts worry ETH will prove a harder sell than BTC to traditional investors. Source link

Ethereum ETFs start strong but lag epic Bitcoin ETF launch — Analysts

Analysts worry ETH will prove a harder sell than BTC to traditional investors. Source link

Grayscale announces plans for Bitcoin ETF spinoff

Current GBTC shareholders will receive shares in Grayscale’s new Bitcoin ETF in proportion to what they currently hold in GBTC.…
Read more

Bitcoin oversold after German gov’t sell-off — ARK Invest

Bitcoin miners seem to be capitulating, a harbinger of a bullish reversal, according to Ark. Source link

Fee war breaks out among spot Ether ETF issuers ahead of listings

Franklin Ethereum ETF (EZET) has emerged as the fee race’s frontrunner. Source link

SEC approves Grayscale, Proshares spot Ethereum ETFs for trading on NYSE Arca

The issuers must still await final regulatory signoff on S-1 filings before listing the funds. Source link

a16z co-founders pledge to support Trump in wake of Vance VP pick: Report

Numerous Silicon Valley insiders are reportedly donating to the Republican presidential nominee. Source link

Plaintiffs amend complaint in Tether lawsuit for alleged USDT scheme

The class-action lawsuit alleges Tether and Bitfinix conspired to manipulate crypto market prices. Source link