This Week in Coins: GameStop Surge Spurs Meme Coin Mania, and Bitcoin Ends on a High
GameStop bull Roaring Kitty returned to the internet, prompting a huge meme stock and coin surge. And Bitcoin hit its highest price since the halving.
Biden may rethink SAB 121 vote veto due to political support for crypto
The U.S. Congress bipartisan vote has overwhelmingly demonstrated its rejection of the SEC’s SAB 121. President Biden threatened to veto the overruling. Will the executive branch overthrow Congress’s decision?
Feds Charge Chinese Nationals in $73 Million ‘Pig Butchering’ Crypto Scam
The Department of Justice charged Daren Li and Yicheng Zhang with orchestrating a “pig butchering” cryptocurrency scam.
Altcoins a ‘relatively huge’ risk as days of big returns are gone, say analysts
Altcoins have “tactical opportunities” but not the massive gains seen in previous cycles, says 10xResearch head of research Markus Thielen.
OpenAI Will Mix ‘Authentic’ Reddit Content Into Its AI Training Data
Reddit stock spiked on the news while critics of the social discussion platform predicted AI bias would get worse.
Bitcoin crosses $66K as traders eye 2 key indicators for $70K target
The Gann Fanns model and an emerging Inverse Head and Shoulders pattern are top of mind for traders to see if Bitcoin can “bounce” above its all-time high.
Oasys Expands Crypto Gaming Presence in Japan With SBI’s NFT Market
Gaming giants Ubisoft and Bandai Namco are building on Oasys, and now it’s making inroads in Japan via the SBINFT Market.
OpenAI co-founder and chief scientist departs AI firm
Illya Sutskever said he’s leaving OpenAI for a “personally meaningful” project, and research director Jakub Pachocki is now taking over the role.
How Far Can Roaring Kitty’s Return Really Carry GameStop?
Meme stocks are blazing hot again with GameStop bull Roaring Kitty’s apparent return, but will his tweets alone sustain the hype?
Who Is Roaring Kitty, and What Does His Return Mean for Crypto?
Keith Gill returned to social media after a year away, leading GameStop stock to more than double in value and a Solana-based tribute coin to spike 1,900%.