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Agency 63

Long-term holders are locking in profit after Bitcoin’s rally to new ATHs

Since Nov. 12, the Bitcoin market has entered a phase of significant profit-taking, with daily realized profits averaging around $5 billion — marking the highest profit levels in over a month, according to CryptoQuant data. On Nov. 12, Bitcoin investors recorded $5.1 billion in profits as the asset traded near $88,000...

Court filings reveal Elon Musk blocked OpenAI’s ICO plans to protect its reputation

Elon Musk revealed in recent court filings that he personally intervened to stop OpenAI from launching an initial coin offering (ICO) in 2018, a move he claimed would have severely damaged the organization’s reputation. Musk’s legal team disclosed the details in an amended lawsuit filed on Nov...