#strategy

Donald Trump's venture into social media with Truth Social is gearing up for a stock market debut, thanks to a merger deal with Digital World Acquisition getting the green light from investors. The stock could potentially trade under Trump's initials, DJT.

Nvidia CEO Jensen Huang has reiterated calls for countries and corporations to build local AI data processing centers. According to him, this strategy would safeguard technological advances from potential external interference and various significant limitations.

OpenAI, a company specializing in artificial intelligence development, has begun negotiations with top media outlets including Fox, Time, and CNN. The talks are centered around obtaining a license to use their content for AI model training. This strategy is intended to preemptively address any future copyright infringement concerns.

Ark Invest continues its strategy of unloading Grayscale Bitcoin Trust shares, with the latest sale amounting to $28 million in GBTC.

The value of the MOON token (Moons) has dramatically soared by over 150% following an announcement by the moderators of the r/cryptocurrency community on Reddit. They revealed a plan for complete decentralization and a major overhaul of the project's strategy, moving away from the inflationary model.

Cardano Foundation's recent tweaks in its delegation strategy, targeting improved operation and quality, have been rolled out.

Nigeria's government has levied a $10 billion fine against Binance, citing illegal transactions and efforts to manipulate the local currency's value. This move was outlined in a BBC interview with Bayo Onanuga, the President's Information and Strategy advisor.

In a strategic move, Gitcoin, known for project funding, is changing its approach from a broad focus on public goods to enhancing Ethereum's grant infrastructure.

Base, the blockchain project by the Coinbase exchange, has released its roadmap for 2024, highlighting key goals, challenges, and focal points for the upcoming year:

This strategy might come into play following the approval of a spot Bitcoin ETF, according to analytics company CryptoQuant. They anticipate that BTC could drop to around $32,000.

The excnhage is extending its offering of spot crypto trading on its international exchange as part of its global expansion strategy.

ProShares has launched the Short Ether Strategy ETF (SETH), marking the inception of the first futures ETF facilitating traders to potentially capitalize on dips in ETH’s price.

ProShares' new initiative is centered on its Short Ether Strategy ETF, an instrument shaped to profit from ETH's downward price movements. This initiative may draw investors interested in volatile market actions or in search of hedging opportunities. With its registration expected to be in place by October 15th, the ETF's debut is planned for the onset of November.