Charles Hoskinson, co-founder of Cardano, recently expressed his concerns about the impact of AI censorship on the accessibility of knowledge. In a series of tweets, he highlighted the problem of alignment training in AI models and how it is affecting the dissemination of information. AI censorship refers to the use of machine learning algorithms to
Crypto
The month of June was filled with ups and downs for the Bitcoin price, as it experienced significant volatility. The price of Bitcoin reached highs of $72,000 and lows of $58,000, ultimately resulting in a 7.12% decrease. The bears managed to push the price down, leaving many investors wondering if July will bring a different
Keith Gill, also known as “Roaring Kitty,” is currently facing securities fraud claims in connection to the 2021 GameStop frenzy. The class-action lawsuit filed against him on June 28 in the Eastern District of New York accuses Gill of engaging in a “pump and dump” scheme through his social media posts. The complaint alleges that
The market intelligence platform CryptoQuant has recently highlighted several on-chain metrics that could potentially indicate that the price of Bitcoin has hit a bottom and that the cryptocurrency market is gearing up for a rally. One of the key signals to watch out for is the Bitcoin Bull-Bear Market Cycle indicator, which is currently at
The European Central Bank (ECB) recently revealed plans for the digital Euro CBDC, with an emphasis on privacy and data protection. However, upon closer inspection by crypto entrepreneur Daniel Batten, several disturbing features have come to light. One concerning aspect is the ECB’s intention to limit the amount of digital euros individuals can hold in
As Ethereum fell by 3% this week, concerns have risen among buyers who are struggling to defend the key support at $3,500. The past five weekly candles closed with a lower low, indicating a clear downtrend for the second-largest cryptocurrency. In order to reverse this trend, ETH must move above $3,700 and challenge the key
The cryptocurrency markets are currently facing a decline, with Bitcoin sliding towards $60,000 and most altcoins experiencing losses. The total market capitalization has dropped to $2.37 trillion, reflecting the overall bearish sentiment in the market. Bitcoin’s price has decreased by 1.3% in the past 24 hours, with its weekly losses totaling around 6%. The low
T-Rex Group, a financial services company, has recently filed for a 2x leveraged MicroStrategy (MSTR) exchange-traded fund (ETF) in the United States. This move has generated a significant amount of interest in the financial world, as this new financial vehicle is anticipated to be one of the most volatile ETFs in the country. The objective
An analyst going by the name of ‘RamenPanda’ has made a bold prediction regarding the potential interest rate cuts by the U.S. central bank in September or November. According to the analyst, there will not be a sharp correction following these rate cuts. The analyst’s rationale for this prediction is based on historical data, particularly
As we approach the end of the week, the market is bracing for the expiry of around 107,000 Bitcoin options contracts, totaling a notional value of $6.6 billion. This end-of-month expiry event is significantly larger than the usual end-of-week expiries, signaling a possibility of increased market volatility. The put/call ratio for today’s BTC derivatives stands