Crypto News

xAI completes its Series C funding round, raising $6 billion with contributions from notable investors like A16Z, Blackrock, and strategic partners NVIDIA and AMD. (Read More)Source link

BitMEX introduces XBTG25, a new Bitcoin futures contract, available from December 24, 2024. The contract will expire on February 28, 2025, broadening trading options for investors. (Read More)Source link

The Pitchbook report shows artificial intelligence and machine learning continued to dominate early-stage venture capital investment in the third quarter of 2024. Investors Maintain Confidence in AI/ML According to Pitchbook’s Emerging Tech Indicator report, artificial intelligence (AI) and machine learning (ML) continued to dominate early-stage venture capital (VC) investment in the third quarter of 2024.Source link

Just when you thought the year-end couldn't get any more intriguing, a significant options expiry is set to shake things up in this highly levered-up market.Options are derivative contracts that give the purchaser the right to buy or sell the underlying asset at a preset price at a later date. A call gives the right to buy, and a put confers the right to sell.On Friday at 8:00 UTC, 146,000 bitcoin options contracts, valued at nearly $14 billion and sized at one BTC each, will expire on the crypto exchange Deribit. The notional amount represents 44% of the total open interest for all BTC options across different maturities, marking the largest expiry event ever on Deribit. ETH options worth $3.84...

BitMEX has introduced new perpetual swap listings for HYPEUSDT, FARTCOINUSDT, and HIVEUSDT, offering traders up to 50x leverage opportunities on these cryptocurrency pairs. (Read More)Source link