Morgan Stanley might become the next major institution to offer spot bitcoin ETF products. Recognizing the potential benefits of including cryptocurrency-based products in investors' portfolios, Morgan Stanley's move follows the SEC's approval of spot bitcoin ETFs in January and the overwhelming demand for those products since they rolled out. The entry of large broker-dealer platforms into this investment space could significantly accelerate inflows into these newly introduced products.
Coinbase experienced a technical glitch that caused users' account balances to display as zero as Bitcoin surpassed $60k yesterday. This malfunction coincided with a sudden drop in prices across the space that resulted in over $1.7 billion in liquidations. Coinbase quickly acknowledged the issue and assured its users that their assets were safe and deployed fixes over the next few hours. Coinbase CEO Brian Armstrong said that the level of traffic it experienced yesterday well exceeded the 10x surges in traffic the company had modeled for, leading to the issues users experienced.
Marathon Digital, the largest publicly traded bitcoin miner, is expanding its services by launching a programmable application layer called Anduro. This layer is being developed to assist in the creation of sidechains. Marathon has already launched two sidechains, Coordinate and Alys, to generate additional revenue streams and inspire innovation on the platform. Alys focuses on trading tokenized real-world assets and is Ethereum compatible, while Coordinate is aimed at supporting the Ordinals community.
Frog is a toolkit from Paradigm and Wevm that assists developers in building Frames for Farcaster applications. Frames turn Farcaster posts into interactive elements, transforming static content into dynamic experiences. Frog provides a streamlined process for creating lightweight, high-quality frames. With a built-in debugger and vendor-free deployment, Frog aims to lower development hurdles, sharpen the developer experience, and optimize user engagement. Its team plans to introduce a Transactions feature and audit tools shortly.
It is important to take profits during bull runs. When deciding whether to take profits, consider your financial situation, the market conditions, and your individual portfolio/trading style. For perps, consider funding rates and the timing of the last correction. For spot positions, take into account plans for the position, the expectation of price dips, and the emotional impact of seeing unrealized profits decrease.
The four stages of a bull market are: 'Rebirth,' where investors begin to see a positive price trend; 'Excitement,' when all coins are back to or surpassing all-time highs; 'Euphoria,' which is a period of intense activity and mainstream interest; and 'Disconnection' (or 'Insanity'), which is marked by unsustainable growth and irrational decisions.
We may be earlier in the cycle than some think. This post provides some background on the brutal bear market the space just went through and the historical context of crypto cycles in general. Crypto participants are getting a little anxious as Bitcoin nears all-time highs. However, this cycle is much closer to the beginning than the end and could be much bigger than people are anticipating.
2024.02.29·theknower.substack.com·9 min read·TLDR Crypto The recently launched US Bitcoin ETFs have been breaking records day after day, with their trading volume reaching $7.6 billion as of Wednesday's market close. BlackRock's IBIT, Fidelity's FBTC, and Grayscale's GBTC have been the top products chosen by investors. This surge in activity and demand has propelled Bitcoin towards record highs, sparking additional waves of interest.
At a private Bitcoin event hosted by BlackRock, one of the firm’s quantitative analysts gave a presentation and suggested that a 28% allocation to Bitcoin would not be ‘unreasonable’ for a conservative investor.
Sam Bankman-Fried is reportedly seeking a 6.5-year sentence. Both his parents and his cellmate claim they are worried about his safety. He is apparently advising prison guards and urging them to invest in Solana.
Telegram launched a 50:50 ad revenue sharing system for channel owners in nearly 100 countries that exclusively uses toncoin on the TON blockchain.
Gemini has announced a settlement in the Genesis Bankruptcy, promising Earn users a 100% return of their digital assets in-kind - if you had 1 bitcoin on the platform, you will be receiving that bitcoin back in kind instead of the ~$20k cash (the value at the time of bankruptcy) most were expecting.
Apple CEO Tim Cook announced that the company will make significant strides in General AI technology in the coming year. The company is refocusing its resources as it closes out its electric vehicle project. It plans to enhance products like Siri and iOS features with GenAI models, aiming for more sophisticated capabilities. Apple has been cautious in its GenAI developments, but it is starting to increase its presence in GenAI research and open-source contributions.
Figma has introduced over 15 new improvements to enhance prototyping, including resizable device frames for mobile prototypes and various editing speed optimizations like simpler interaction copying and advanced overlay modes. The update enhances performance, leading to 22% fewer loading spinners in common scenarios.
Shader is disrupting the augmented reality scene with its user-friendly no-code AR creation tool. The platform, led by former Snap design lead Darya Sesitskaya, enables the quick creation of custom effects, leveraging AI to generate AR filters from text prompts. It currently offers a beta iOS app for real-time AR camera effects. Shader has raised $580,000 for further development. It is planning to implement premium features and expand into social media integration and voice-to-AR capabilities.
Designers shouldn’t persist in dead-end jobs just because it’s easier to stay. They should see this time as a transitional career period, build up their portfolio, and leave for greener pastures.
This article looks at how AI can be applied to design systems. Use cases include writing component code, translating components across frameworks, writing unit tests, reviewing accessibility, writing documentation, and making documentation more accessible/inclusive.
UX Language is a comprehensive set of UX copywriting and style guidelines, with examples to reference, for creating products.
Turn yourself or your loved ones into characters in a whimsical cartoon world.
LinkedIn reported 1,490,000 design jobs in tech in October 2023. The US Bureau of Labor Statistics expects a 16% increase in digital designer jobs by 2032. NNG predicts that industry growth between now and 2050 will exceed previous records.
Between the current job market and the things AI can automate, being a designer can feel scary. However, designers will always have a purpose and a role because there are always things that must be designed.
A rare behind-the-scenes look at Apple's design process and what we may have gotten instead of the Dynamic Island. Various concepts for the Dynamic Island were considered, from the acceptable to the absurd. Some designs even proposed two notches. See how the notch evolved into the now ubiquitous Dynamic Island after six years of brainstorming.
ZDC is an IBM program that empowers designers, engineers, architects, and product managers to build user relationships.
Vintage furniture company Vinterior created the billboard ad mocking Ikea that has appeared alongside Ikea's posters at London Underground stations.
Wendy's stirred controversy with its announcement of surge pricing experiments. It is facing backlash for plans to implement dynamic pricing, which is making customers uneasy about potential price fluctuations during their fast-food visits. Regardless of how successful the move will be, the announcement should be taken as a lesson on the need to be careful when introducing and marketing such drastic changes to preserve customer trust and brand reputation.
3 news outlets, including The Intercept, Raw Story, and AlterNEt, are joining the fight against the unauthorized use of journalism in AI. The outlets filed a copyright-infringement lawsuit against OpenAI, claiming that thousands of their stories were used by the company to train chatbots without permission, payment, or credit.
A Johnson Box is a highlighted section of text at the top of a direct mail letter, email, or web page designed to grab attention and emphasize key points. Custody X Change, a co‑parenting SaaS product, found through customer research that its comprehensive website content felt overwhelming to some users. The team tested adding simplified Johnson Boxes in the form of navigational jump links. This made it easier for users to locate important information and resulted in a 20% increase in conversions.
The Silver Lining formula for ads involves listing product disadvantages, finding an advantage for each disadvantage, and then using each pair to create a series of ads. This format makes ads both interesting and honest. You can use ChatGPT to come up with additional headline variations to consider.
A step-by-step breakdown of how a B2B SaaS company increased revenue by 660% MoM via paid search and social. For paid search, the company shifted from using a consolidated campaign structure and broad match to using exact match and a tCPA bidding strategy. For paid social, it used product explainer videos to build retargeting audiences with a video funnel. It then created nurture retargeting campaigns that used testimonials and product demo videos to educate features and results. The company used a mix of creatives to avoid ad fatigue.
This guide contains 21 ways to increase conversions in your Shopify store. Examples include adding trust signals and countdown timers, upselling items to checkout pages, gamifying campaigns via spin-the-wheel or egg hunt, and running page-specific promos to increase relevance.
A curated list of tool recommendations from one marketer to another. Goldcast and Riverside.fm are good for podcasting. Mutiny and Tofu are useful for creating personalized omni-channel content. Clay is a crowd favorite for outbound and prospecting. The post's comment section also contains a wealth of other tool recommendations.
This article shares insights on Databox's activation journey, detailing four key experiments that boosted activation from 30% to over 40%. Experiments included redesigning the onboarding flow to allow users to explore the product before connecting data, implementing a reverse trial strategy, and offering personalized suggestions. Ultimately, what made the experiments successful was Databox's focus on adding value to different customers' journeys.
This article walks through how to write copy for the five pre-purchase stages of the customer lifecycle. When a user is unaware, they don’t even know they have a problem yet, so the goal of your copy should be to educate them about the problem. Once they are aware of the problem and some solutions, focus on educating on solution categories and differentiate your solution. Finally, when your audience is fully aware of your product and its competitors, drive home the decision to purchase with unique selling points and a sense of urgency.
OnlyFans, led by CEO Keily Blair, has seen significant financial growth. The platform has over 3.1M creators and 238.8M fans. It is increasing trust and safety measures, focusing on age verification and content moderation, due to regulatory pressures. OnlyFans, which originated from the UK, has a diverse creator base. The company prioritizes a supportive environment for all creators. It is exploring new revenue streams like microtransactions over traditional subscriptions.
Ask your interviewer about their key customer problems, target market, PMM metrics, and product team partnership.
Google is reportedly paying independent publishers to publish AI-generated articles on their websites using AI models that have not yet been released, offering monthly payouts that amount to more than $10,000 per year in total.
This post contains templated ChatGPT prompts for content repurposing, writing landing page headlines, generating email campaign ideas, optimizing Google Ads, and more.
This tutorial explores forms in Next.js 14 using Next’s App Router, React Server Components (RSC), and Server Actions. It covers React/Next native aspects like useFormStatus, useFormState, and revalidatePath. It also gives insights into form validation using Zod, error handling on a fine- and coarse-grained level, and staying functional without JavaScript in the browser.
The CSS :has() selector is a method for targeting and styling elements based on the presence of specific descendants. It opens up a wide range of new possibilities that weren't possible with traditional CSS selectors. For example, it can be used to customize file icons based on their extension without JavaScript and change a modal’s appearance based on certain actions.
This post dives into the internals of scheduling and concurrency, showing readers how to handle millions of clients concurrently with just a single thread. It begins by exploring the challenges of creating a server that can handle multiple clients concurrently using threads, going over concepts like stack allocation, performance, and resource management. It then introduces the concept of async I/O, demonstrating how non-blocking sockets can be utilized to achieve concurrency without threads. Code examples are provided to demonstrate the points made.
A Meta engineer, who also happens to be the creator of Excalidraw, reflects on their 12 years at Meta. They transformed image tagging on Facebook and championed open-source, leading to the creation and adoption of projects like React and Docusaurus. The engineer is currently focused on client-side performance tooling and AI-powered assistance for internal developers at Meta.
Joining a startup for financial upside is generally not worthwhile compared to staying in Big Tech, since you only get the cash equity if the startup goes public or gets bought out, which takes a long time. Founding engineers usually receive 0.5% equity, which means it takes a $200 million company exit to get $1 million personally. However, joining a startup is great for personal growth. This article includes tips on how to pick the right startup to join.
SQL Workbench allows you to run and test your SQL queries in the browser.
pgs.sh is a zero-install static site hosting service. It supports unlimited projects, custom domains, custom headers, asset storage, and more. Client-side installation is not required.
Ingestr is a command-line application that allows you to ingest data from any source into any destination using command-line flags. It supports multiple sources and destinations, including Postgres, BigQuery, Snowflake, Redshift, and more.