Genesis Settles With SEC, Pixelmon Fundraise

Feb 2, 2024
Market Update $BTC remained above $43k in morning trading, holding a 0.5% increase over the last day. $LINK surged to a 22-month peak, surpassing $18 and recording a nearly 30% gain over the week, outperforming most large-cap cryptos. This surge is indicative of a bullish departure from its previous three-month trading range of $13 to $17, continuing its recovery from lows near $5 in June 2023. AI-related crypto tokens surged following Meta's quarterly financial results, which exceeded analysts' expectations. The tech behemoth, formerly known as Facebook, reported a significant jump in revenue and announced an additional $50 billion in stock repurchases on Thursday, propelling AI tokens upward. The CoinDesk Indices' Computing Select Index (CPUS), which includes AI-focused tokens such as Render ($RNDR) and Fetch.ai ($FET), saw a near 10% increase over the past day, outpacing the gains of major cryptocurrencies, which rose nearly 3% according to the CoinDesk 20 Index. Since Meta's CEO, Mark Zuckerberg, shifted the company's focus to AI about a year ago, its stock value has more than doubled.The surge in technology stocks diverted investor attention from an unexpectedly robust jobs report released earlier on Friday. Following the announcement that the U.S. economy had added 353,000

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CRYPTO MARKET UPDATE CRYPTO ASSETS ARE BROADLY MOVING HIGHER AGAIN AFTER SOME POST-ETF APPROVAL CONSOLIDATION. BTC 1.59% is back above $68K, while ETH -1.94% is hovering around the $3.7K level. SOL -1.72% is underperforming today, possibly as a side effect of the last of the FTX auction taking place yesterday. Pantera and Figure led the $2.6 billion auction, purchasing the locked tokens at $102 per SOL -1.72% . We often find that the market can...

CRYPTO MARKET UPDATEBTC 1.59% IS BACK IN THE GREEN TODAY, RECLAIMING $70K FOLLOWING YESTERDAY'S DIP. ETF flows appear to be returning in full force, with another strong day of inflows, capping the largest 5-day period for inflows since mid-March. ETH -1.94% is down slightly on the day, consolidating around $3750 as investors await word from the SEC on ETF approval. ETH CME futures saw outsized volume yesterday as institutional investors showed interest...

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