Why is the Bitcoin price up today?

BTC price is up today, rising over 2.5% with a sharp upward candle that sent the price to a September high of over $27,400. The Bitcoin price increase today comes after a flat weekend where BTC held the key $26,000 level, giving confidence to traders and analysts who see this level as crucial.
Bitcoin at $25K: Discount or disaster?

Does BTC’s current price present a bargain to step into, do you still believe it is heading for $100k next year, or is the price a disaster?
5 AI trends to look forward to in 2023 and beyond

Here is an interesting weekend read covering 5 incredibly interesting topics in AI – enjoy!
Japan to allow startups to raise funds by issuing crypto instead of stocks

The Japanese government reportedly plans to permit startups to raise public funds through the issuance of crypto assets, such as currencies, instead of stocks.
Wyoming stablecoin: Are state digital currencies even possible?

What’s the story? Wyoming has posted a job for a Head of Stable Token Commission. What’s the detail? The state plan to tokenise federal currency on a 1:1 ratio with deposits. Why does this matter? They aren’t the only state venturing into digital currencies – will the be easy interoperability between states, countries and banks […]
Coinbase CEO champions DeFi, calls for court action to set legal precedent

Building further of our coverage of the story with Uniswap, we agree with Coinbase’s CEO that courts should see DAOs not as financial services businesses.
Are DAOs overhyped and unworkable? Lessons from the front lines

What’s the story? DAO definition and governance is a mess in general across the industry. What’s the detail? There have been numerous DAO catastrophes from errors with quite basic business principles that are hard to apply to a DAO and decentralised decision making relies too heavily on users, who are often uninterested in voting. Why […]
Meta ‘ruined’ the term metaverse, but now it’s evolving

What’s the story? Facebook gave the metaverse a bad name, and user uptake has been slow. What’s the detail? There has been low uptake of users into the metaverse, most likely as most lack a reason to be there. Why does this matter? The industry however is focussing on building and technology evolution rather than […]
Are NFT markets in a death spiral or ready for a resurgence?

What’s the story? NFTs have been crashing since their peak in 2021 and it is unclear if there will be a resurgence. What’s the detail? Both the market cap and trading volumes are down 41% respectively in the past year. Why does this matter? We agree with one point, that NFTs will likely evolve over […]
Why is Bitcoin price up today?

What’s the story? Bitcoin’s price rebounded as the SEC approved a Franklin Templeton filing for a spot BTC ETF . What’s the detail? Bitcoin rose sharply on the back of institutional investor interest. Why does this matter? These moves fuel investor dreams of a new bull market