WEEKLY MARKET REPORT
Market Trends
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October 20, 2023
Top Reads
Elon Musk confirms X is soon launching two new premium tiers ​😲
Elon Musk today said that X (formerly Twitter) is going to soon launch two new premium tiers, confirming previous reports and code sightings. The owner of the platform said that one tier will cost lower than the current $8 per month plan, but won’t reduce ads.
Google takes aim at Duolingo with new English tutoring tool ​🙌
Rolling out over the next few days for Search on Android devices in Argentina, Colombia, India, Indonesia, Mexico and Venezuela, with more countries and languages to come in the future, the new feature will provide interactive speaking practice for language learners translating to or from English, Google writes in a blog post.
Bitcoin Climbs Back Above $30,000 Before Latest Grayscale Ruling 📈
Bitcoin topped $30,000 for the second time this week on growing expectations that another favorable court action raises the likelihood than an exchange-traded fund holding the cryptocurrency will finally be approved.
Market Data
Headlines
AI
  • Britain seeks global AI safety leadership
  • ChatGPT now searches the web and shows images
  • Microsoft favors Bing Chat on Edge over Google Bard
  • OpenAI​ partners with Abu Dhabi’s G42 for AI adoption in UAE
  • Dubai​ law firm tackles AI and self-driving accident cases.
Tech
  • X unverifies New York Times
  • Hacker leaks millions of 23andMe records
  • Nvidia Dip-Buyers Affected by US-China Chip Battle
  • Alibaba​, Tencent Join $340 Million Funding
Business
  • Airbnb Applications in New York Often Violate Regulations
  • Mercedes​ G-Wagon Going Electric
  • Toyota EVs to Use Tesla’s Charging Standard
Crypto
  • Binance Bolsters Euro Services with New Fiat Partnerships in Europe
  • Google Cloud collaborates with MultiversX in metaverse blockchain
  • Ready Player Me introduces avatar skins with Angry Birds
  • Emirati Ruler Inaugurates Crypto Free Zone

 

💰Transformative Power of Web 3.0: Unleashed in Alex Tapscott’s New Book

 

 

Notable Companies Secure Impressive Investments

  • Beluga has raised $4M in a Seed funding round led by Fin Capital
  • Anoma Foundation allocates 10M NAM tokens for Namada Community Builder
  • SynFutures​ DEX secures $22M in Series B led by Pantera Capital
  • Coin Metrics secures $6.7M in recent SEC filing​
  • Forge raises $11M in seed round with Animoca Brands
  • Elixir Protocol secures $7.5M in Series A, led by Hack VC
  • Fileverse secures $1.5M in Pre-Seed, led by Gnosis and Factor
  • Squads​ Labs secures $5.7M in strategic funding, led by Placeholder VC
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