Weekly Market Report. December 8, 2023

Greetings, 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

Bitcoin Halving Is Poised to Unleash Darwinism on Miners 😲

Someone paid $3.1 million in transaction fees for a Bitcoin transfer on Thursday. Bitcoin miner Antpool was rewarded for mining the block. It received the standard 6.25 BTC as well as 85.2163 BTC in fees for all transactions included in the block, on-chain data shows.

Blackstone Leads $1 Billion Private Loan Package for GGW Buyout 🤑

Permira agreed to buy the German insurance broker from Hg on Friday, the people said, asking not to be identified discussing confidential information. Other lenders supporting the transaction include Goldman Sachs Asset Management and Hayfin Capital Management.

Google’s Bard chatbot is getting way better thanks to Gemini 🙋

While OpenAI’s ChatGPT has become a worldwide phenomenon and one of the fastest-growing consumer products ever, Google’s Bard has been something of an afterthought. 

📈 Market Data

2024 Halving Date ETA: April 12, 2024

🚨 Important News This Week

AI

• Tesla’s Dojo Supercomputer Head Exits in Blow to Efforts
• Microsoft exec hints at new LLMs beyond OpenAI’s
• OpenAI Board Member Shares Her Side

Tech

• TikTok Plans Anti-Hate Speech Efforts After Complaints
• Apple to move key iPad engineering resources to Vietnam
• Amazon tests grocery subscription service

Business

• Washington Post staffers walk out in biggest labor protest
• Musk says Disney CEO Bob Iger should be 'fired immediately'
• BBC Insiders Alarmed Over Funding Deal That Blows $100M Hole

Crypto

• Robert Kennedy and Other U.S. Republican Candidates Discuss Crypto Policies
• Bitcoin Could See A Huge $2.4 Billion Inflow in 2024
• Polygon Gets Big Boost as Flipkart Unveils Layer 2 Plans  

🤣 Meme of the Week

💰 Notable Companies Secure Impressive Investments

• Shadow has raised $9M in a Seed funding 
• Curvance has raised $3.6M in a Seed funding 
• Sona has raised $6.9M in a Seed funding
• Babylon has raised $18M in a Series A funding 
• Sindri has raised $5M in a Seed funding
• Animoca’s Mocaverse has raised $11.89M in a funding round

🤔 Trust Wallet: How to Buy Crypto - A Step-by-Step Guide

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Constantin Kogan

ck@ckogan.com