Weekly Market Report. April 19, 2024

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April 19, 2024

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

Meta Unveils Llama 3 😲

Meta’s Llama 3 is the latest iteration in its series of large language models, boasting significant advancements in AI capabilities.

This Bitcoin Halving Is Different 🤔

The Bitcoin halving, expected to take place late Friday night or early Saturday (April 20), comes with heightened expectations. In each previous case so far, the halving preceded massive sector-wide rallies.

Netflix ‘Juggernaut’ Faces High Bar After $112 Billion Rally 🧐

Netflix Inc. investors have big expectations for the streaming giant’s first-quarter results due Thursday, which bulls hope will support a rally back toward record levels for the stock.

📈 Market Data

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2024 Halving Date: April 19, 2024

🚨 Important News This Week

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AI

  • AI Computing Is on Pace to Consume More Energy Than India

  • US Air Force Confirms it Held the First Successful AI Dogfight

  • AI Detects Mysterious Detail Hidden in Famous Raphael Masterpiece

icon tech

Tech

  • Chinese Real Estate Start-Up Paved the Way to TikTok

  • Ramp raises another $150M co-led by Khosla and Founders Fund at a $7.65B valuation

  • Meta gives the Quest 2 its second permanent price cut in four months


icon business

Business

  • Apple deletes WhatsApp, Threads from China app store on orders from Beijing
  • Oil prices get short-lived boost from attack on Iran
  • Netflix cracked down on password sharing. The result? Millions of new subscribers

icon crypto

Crypto

  • Bitcoin Whales Bought $1.2B BTC Amid the Price Dip

  • Ripple CEO Walks Back $5 Trillion Crypto Marker Prediction

  • Michael Saylor unloaded 400,000 MicroStrategy shares in 2024

🚨 Notable Companies Secure Impressive Investments

  • Gull Network has raised $1.6M in private funding co-led by OZARU Ventures and Morningstar Ventures

  • Avalon has raised $10M in a funding round co-led by Bitkraft and Hashed

  • Restaking protocol Puffer Finance has raised $18M in a Series A funding round co-led by Brevan Howard Digital and Electric Capital

  • Centrifuge has raised $15M in a Series A funding round co-led by ParaFi Capital and Greenfield Capital

  • Aark Digital has raised $6M in a Seed funding round

  • Usual Labs has raised $7M in a strategic funding round co-led by IOSG and Kraken Ventures

  • Blast-based DEX Thruster has raised $7.5M in a Seed funding round led by Pantera Capital

🇫🇷 Paris Blockchain Week – an amazing experience meeting movers and shakers of the industry

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🤣 Meme of the Week

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🫰Love What You Read?

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

Sincerely,

Constantin Kogan

[email protected]