WEEKLY MARKET REPORT
Market Trends
Industry Insights
Latest NewsOctober 27, 2023
Top Reads
Bitcoin traders earmark key BTC price levels as $34K struggles to hold 😲
Data from Cointelegraph Markets Pro and TradingView showed BTC price behavior challenging intraday lows. The largest cryptocurrency had attempted to push higher still the day prior, but sell-side pressure ensured that $35,200 remained untouched as a ceiling.
Rich Dad’ R. Kiyosaki: Next stop for Bitcoin $135,000 🙌
As the week has opened with bullish sentiment on the general cryptocurrency market, its representative asset, Bitcoin (BTC), has finally surpassed the critical psychological level at $30,000, and famous investor Robert Kiyosaki believes it could increase 350% soon.
Meta Posts 23% Growth as Ads Rebound, With Profit More Than Doubling 📈
Mark Zuckerberg, Meta’s chief executive, spent the past two years weathering a slump in digital advertising and cutting costs. This year, he proclaimed, would be a “year of efficiency” for his company. Some fruits of those labors are now beginning to show.
Market Data
Headlines
AI
- Amazon lets advertisers enhance images with AI
- Intel expands efforts for ChatGPT-like app development
- Sunak’s AI summit setback: UK scales back research
Tech
- X begins rolling out audio and video calls
- Apple explores Vision Pro for mental health
- Google curbed Apple’s search ambitions
- Alphabet’s shares drop nearly 10% post-earnings report
Crypto
- Mastercard teams with Moonpay to explore crypto
- SEC’s Gensler silent on Bitcoin ETFs after Grayscale loss
- JPM Coin processes $1 billion daily transactions
👩💻 Unveiling the Dark Web: An Interview with Lili Infante, Cybersecurity Expert and Former DOJ Special Agent
💰 Notable Companies Secure Impressive Investments
- Shrapnel has raised $20M in a Series A funding round led by Polychain Capital
- Rymedi raises $9M in Series A led by RW3 Ventures and White Star Capital
- Nocturne Labs raises $6M in seed funding with Polychain and Vitalik Buterin
- Cube Exchange raises $9M in seed funding with SIG DT Investments and others
- Noble has raised $3.3M in a Seed funding round led by Polychain Capital
- Blockaid raises $33M with Sequoia Capital and more
Meme of the Week
Subscribe for my newsletter
Love What You Read?
• 👍 Follow me on Facebook, Twitter, Instagram , YouTube , and LinkedIn.
• 🎧 Subscribe to my Apple Podcasts , Spotify , Radio Public , Google Podcasts , and Castbox .
• 👀 Watch my talk shows with top industry experts, investors, and other remarkable personalities: GamesHub , BullCaster , and Ckogan.com.
