Weekly Market Report. January 19, 2024

sGreetings, curious minds! Join us on a journey into the cutting-edge. This newsletter unveils the latest trends shaping our world.?

Let's explore together! ????

?? Top Reads

Google to Invest $1 Billion in New UK Data Center to Meet Demand ??

Alphabet Inc.’s Google said it is investing $1 billion in a new data center in the UK to help meet growing demand for its services, a boost for Prime Minister Rishi Sunak’s Conservative government as it tries to position Britain as a world leader in tech.

Spot Bitcoin ETFs scoop up another 10,600 BTC on day 5 ??

Spot Bitcoin exchange-traded fund (ETF) issuers added another net 10,667 Bitcoin BTC tickers down $41,377 ?to their crypto stacks on their fifth trading day amid increasing trading volumes.

Samsung announces new Galaxy S24 lineup with AI-powered photo editing, search features??

The South Korean electronics giant showed off the new gadgets at its Kings Cross offices in London earlier this week, prior to the announcement. At a briefing with reporters, Samsung talked up the phone’s AI capabilities and showed how it’s able to edit pictures and search for items by using AI.

?? Market Data

2024 Halving Date ETA: April 12, 2024

?? Important News This Week

AI

• Altman says ChatGPT will have to evolve in “uncomfortable” ways
• Google is adding AI image generation to Bard
• Amazon brings its AI-powered image generator to Fire TV

Tech

• Apple's Vision Pro Won't Launch With Netflix App
• Alphabet’s Wing unveils larger drones for heavier packages
• New California city backed by Silicon Valley billionaires will be about 18,600 acres

Business

• CNN Boss Shakes Up News Operations, Explores Digital Subscription Model
• Boeing Secures Order for 150 Max Jets, A Boost Amid U.S. Grounding
• Stocks making the biggest moves after hours: iRobot, Super Micro Computer, PPG Industries and mor

Crypto

• Bitcoin Creator Satoshi Nakamoto Back? Enigmatic Post Sparks Speculation
• Solana Mobile's Latest Edition Sees 30,000 Pre-Orders in 48 Hours
• Metaverse tools will improve crime scene analysis and law enforcement: Interpol report

?? Notable Companies Secure Impressive Investments

• EigenLayer-based protocol Renzo raised $3.2M in a seed funding round led by Maven 11
• HashKey has raised $100M in a Series A round at $1.2B valuation
• Ruby Protocol has raised $7.3M in a funding round and opened Whitelist for Pre-sale
• DIMO has raised $11.5M in a Series A funding round led by CoinFund
• 0xScope has raised $5M in a Pre-Series A funding round led by HashKey Capital
• Canza Finance has raised $2.3M in a strategic funding round led by Polychain Capital
• WOO X has raised $9M in a funding round backed by Wintermute
• Kiln has raised $17M in a funding round led by 1kx

?? Meme of the Week

?? Challenges Of Selling Your Business In Cryptos

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Sincerely,

Constantin Kogan

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