Weekly Market Report. November 10, 2023

ckupdatedbanner

November 10, 2023

Greetings, curious minds! Join us on a journey into the cutting-edge. This newsletter unveils the latest trends shaping our world. Let’s explore together! 🌐🚀

🔥 Top Reads

ALWD5SKMINH37KIJLFM4XE3HUU

ETH tops $2K as BlackRock’s Ethereum Trust registers in Delaware 🙌😲

An entity under the name of BlackRock Advisors submitted the paperwork. The registered agent, according to the filing, is Daniel Schwieger. A person with the same name is on LinkedIn as a managing director at BlackRock.

8e9912de 0af8 49ca b81b 65e3445b89f3

Bitcoin ‘Terminal Price’ hints next BTC all-time high is at least $110K 📈

As BTC price action circles its highest levels in 18 months, forecasters are already considering how high it could go in the coming months and even years.

After the next block subsidy halving in April 2024, targets include $130,000, with late 2025 being a popular deadline for the next cycle top.

screenshot 20231111 at 123810am

ROBLOX CEO envisions NFT integration in the gaming platform’s ecosystem 🧱

David Baszucki, the founder and CEO of Roblox, has expressed his aspiration to introduce NFTs as part of an expansive open ecosystem on the popular metaverse gaming platform.

📈 Market Data

screenshot 20231111 at 21445am
screenshot 20231111 at 13958am

2024 Halving Date ETA: April 12, 2024

🚨 Important News This Week

icon ai

AI

  • Samsung introduces “Galaxy AI” and real-time phone call translation

  • Anthropic to Use Google Chips in Expanded Partnership

  • Google’s AI-powered search expands to 120+ new countries

  • OpenAI suggests cyber-attack causing ChatGPT outage

icon tech

Tech

  • Apple Risks $14 Billion Tax Bill in Setback at Top EU Court

  • Zuckerberg reportedly rejected Meta’s teen mental health plans

  • SpaceX secures order blocking US anti-refugee bias lawsuit

  • Signal testing usernames, eliminating phone number swaps

icon business

Business

  • Volvo to buy Proterra’s battery business for $210 million

  • Fed Will Need to Monitor Risks of Overshooting on Rates

  • Griffin: Peace dividend done, high inflation to last decades

icon crypto

Crypto

  • PayPal Gains FCA Crypto Approval as BoE Pushes Stablecoin

  • Polygon’s ambitious plan for ecosystem revitalization

  • MicroStrategy up $1.2B on its holdings as Bitcoin rallies

  • Robinhood to launch Bitcoin and crypto trading in the EU and UK

🤣 Meme of the Week

screenshot 20231111 at 11819am

👨‍💻 Building the Future of NFTs with Rarible Co-Founder

image16996368211482395

💰 Notable Companies Secure Impressive Investments

  • Llama has raised $6M Seed Funding led by Founders Fund and Electric Capital

  • Due has raised $3.3M Seed funding round led by Semantic and Fabric Ventures

  • Pimlico has raised $4.2M in a Seed funding round led by a16z crypto

  • StablR has raised $3.5M in a Seed funding round backed by Deribit and others

  • Ritual has raised $25M in a fundraising round led by Archetype

  • Stackr Labs has raised $5.5M in a Seed funding round led by Archetype

  • Galactic has raised $6.25M Series A funding round led by Dragonfly and Galaxy

  • Definitive has raised $4.1M in a Seed funding round led by Blocktower Capital

  • Ingonyama has raised $20M Seed funding round backed by StarkWare

🫰Love What You Read?

If you have any questions, please
contact me directly in my email.

Sincerely,

Constantin Kogan

[email protected]

Constantin Kogan