Meanwhile, lawmakers voted to roll back a crypto policy introduced by the US Securities and Exchange Commission (SEC) in 2022, a move that President Joe Biden has said he plans to veto, and OpenAI has gained a new partner.
Stay informed on the latest developments in the tech world with the Investing News Network’s round-up.
Introducing spot Bitcoin trading on the CME would also allow for basis trading, which involves a trader selling Bitcoin futures contracts while also purchasing Bitcoin at the current price. Basis trading is a common strategy within the US Treasury market, and its goal is to make a profit from the difference between the price of the futures contract and the spot market price. Aside from that, investors would be able to trade Bitcoin around the clock.
As part of this collaboration, Ampere is expanding its AmpereOne CPU lineup to include a 256 core variant, which will provide a 40 percent improvement in performance compared to other units on the market. A 12 channel memory version of the AmpereOne CPU is expected later this year. Both of these improvements will enhance the capabilities of the computers being developed by Ampere and Qualcomm, according to Ampere’s press release.
Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.
Leave a Reply