Even as Inflation Risk Fades, Bitcoin Remains Stuck Below $31K

Wednesday’s CPI report showed sizable decelerations in both overall and core U.S. inflation, which one might’ve thought would drive BTC’s price higher.Source

Circle Cuts Workforce, Ends Certain ‘Non-Core’ Activities; Will Continue Hiring Globally

Stablecoin issuer Circle has cut its workforce slightly to maintain a “strong balance sheet,” the company said Wednesday.Source

Elon Musk’s New ChatGPT Competitor Boosts AI-Related Crypto Tokens

Tokens such as AGIX and FET saw modest bump after Musk announced new Artificial Intelligence (AI) company “xAI” to take on ChatGPT.Source

Digitex Founder Ordered to Pay $16M to Resolve CFTC Action, Banned From Trading

The founder of crypto exchange Digitex, Adam Todd, has been ordered by a federal court to pay almost $16 million to resolve accusations that he ran an illegal platform and sought to manipulate its native token, DGTX, the U.S. Commodity Futures Trading Commission (CFTC) said in a Wednesday statement.Source

Want a Spot Market Bitcoin ETF? Then Deal With the Consequences

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Google Play Changes Policy on Tokenized Digital Assets, Allowing NFTs in Apps and Games

Google Play announced a major shift in policy today, allowing developers to incorporate digital assets such as NFTs into their apps and games in the store. Companies that decide to offer the ability to buy, sell or earn tokenized assets will be required to make it clear in the Play Console that there are blockchain-based elements in the app.Source

Crypto Analysts Can Learn Something From Baseball

Searching for crypto’s future stars among young prospects.Source

Can Crypto Match the Internet and Hit 5B Users?

While early growth in both spaces has been eerily similar, don’t get too excited about crypto’s future.Source

The Jackson Pollock Studio Splatters Beyond the Physical, Releases Digital Art Collection

Beyond the Edge, inspired by the famed artists’ former workspace, features digitized Pollock works that come with a physical counterpart.Source

What Is Ethereum’s ‘Data Availability’ Problem, and Why Does It Matter?

Separate “data availability” layers could reduce congestion on the Ethereum network by making it easier for ancillary “rollup” networks to verify that transactional details exist and are available to download if needed — without actually downloading them. The concept might offer an alternative to Ethereum’s own proposed “danksharding” solution, seen as years away.Source