Bgroup Crypto-Currency Market Report — November 2023
Market Overview and Bgroup Funds’ Performances
Bgroup Funds’ Allocation — Bdefi & B100
Bgroup Funds’ Allocation — BBTC & BGC
Bgroup Funds’ Allocation — B2
Crypto Market in November 2023:
CZ steps down from his position at Binance:
CZ recanted as part of a deal with US prosecutors. Binance will also pay about $7 billion in fines.
Sam Altman returns as CEO of OpenAI:
Twelve days after OpenAI fired Sam Altman, the company has officially announced that he has been re-elected for CEO of OpenAI. The company has also stated that a new board of directors will be elected for OpenAI.
US CPI was unexpectedly flat in October:
US inflation data was better than expected in October, with the CPI flat for past month, while economists had forecast a 0.1% increase. The price of Bitcoin increased by nearly 1% in the minutes after this news was published.
BMachine
The information below is only a simplified report of the analysis of BMachine, an artificial intelligence developed by Bgroup, and should not be used to make investment decisions.
BGroup Finance
Bgroup is a forward-thinking web3 crypto asset manager, utilizing smart contracts to cater to new customers and millennials’ preferences. We offer various low-fee onchain crypto funds, providing personalized and accessible investment solutions for investors to achieve their financial goals.