The following is an excerpt from the latest edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. Subscribe now to be the first to get these insights and other on-chain Bitcoin market analysis delivered to your inbox. El Salvador’s presidential election on Sunday, February 4th will determine whether Nayib Bukele and his Bitcoin revolutionary experiment will continue to have a presence in the country’s future.Nayib Bukele has enjoyed a fairly broad support base since becoming El Salvador’s president in 2019. He was the first person to win independently from either of America’s two major political parties since 1984. But…
Author: Crypto Flexs
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The European Union (EU) has set a precedent by introducing AI law that focuses on high-risk areas of the use of AI technologies. The bill, praised as “historic” by EU Commissioner Thierry Breton, will introduce a risk-based approach to AI oversight. The bill adopts a risk-based approach focusing on high-risk areas, such as the government’s use of AI for biometric surveillance. It also throws a regulatory net over ChatGPT and similar systems, requiring transparency before they can be brought to market. The landmark vote follows a December 2023 political agreement and caps months of careful textual coordination for legislative approval.…
Posted 1 minute ago In ~ Bankrupt cryptocurrency exchange FTX is preparing to sell its most important remaining illiquid asset, its 8% stake in valuable AI startup Anthropic. Anthropic received a $500 million investment in October 2021 from Sam Bankman-Fried, former CEO of FTX. The company, now led by CEO John Ray III, filed a motion asking a judge to approve FTX’s sale of its stake in Anthropic. The company also separately filed a motion to shorten the review period for the sale application so that it can be heard at the Bankruptcy Court’s next hearing on February 22. The…
A widely respected cryptocurrency analyst believes that an artificial intelligence (AI) altcoin project is poised for a bull run. Analyst known by the pseudonym The Flow Horse says 199,800 followers on social media platform OI is an indicator that tracks the amount of open leveraged long and short positions in cryptocurrency assets. According to analysts, FET bulls are aggressively taking over supply coming into the market using leveraged long positions. “FET could be a decent bounce from here. “Increased OI on seller absorption, high volume relative to January lows with significantly skewed bids/asks.” Source: The Flow Horse/X Looking at his…
Tether Holdings Limited demonstrated strong financial strength by posting revenue of $2.85 billion and net income of $6.2 billion in the fourth quarter of 2023, driven by its holdings of U.S. Treasury bonds, gold, and Bitcoin. During the fourth quarter of 2023, Tether Holdings Limited achieved record levels of profitability, generating net income of $2.85 billion. These results can largely be attributed to $1 billion in operating income generated from U.S. Treasury securities and gains from gold and Bitcoin reserves. Additionally, the company made strategic investments of $640 million in projects including mining, artificial intelligence infrastructure, and peer-to-peer communications, which…
VidioCoin is a revolutionary new cryptocurrency that is changing the way video content creators monetize their work. VidioCoin allows creators to receive rewards directly from their audience without the need for third-party platforms or advertisers. This decentralized approach to video monetization empowers creators and gives them greater control over their content and revenue. Benefits of VidioCoin There are several key benefits to using VidioCoin for video monetization: Dispersion: VidioCoin operates on blockchain. This means transactions are secure, transparent and censorship-resistant. This decentralization provides creators with greater financial freedom and independence. Rewards for high-quality content: With VidioCoin, creators are compensated based…
As always, a lot continues to happen in the eth2 space. In addition to written updates (check out the Eth2 status post below) and other public summaries, our client team, contributors, and community members/prospective validators have been busy! Today we’ll cover some important deposit contract news and the big strides we’ve made towards implementing specification version v0.12. tl;dr Solidity deposit contract and formal verification Today we’d like to announce a new, more secure version. eth2 deposit contract Written in Solidity! This agreement maintains the same public interface ( EIP 165 Support interface function) and therefore completely transparent Changes all existing…
Regulatory and Legislative Analysis – January 2024February 3, 2024Demetrios TseasRegulatory and Legislative Analysis – GLOBALInterpol releases analysis of the Metaverse’s key challenges threats and harms On Jan 18, Interpol released a new white paper titled: “Metaverse, a law enforcement perspective: Use cases, crime, forensics, investigation and governance.” This document provides an in-depth analysis of the Metaverse from a law enforcement perspective. Interpol notes the Metaverse holds opportunities for law enforcement (i.e. advanced simulation and virtual crime scene preservation and immersive training). However, the document also identifies current and potential Metacrimes such as grooming(1), radicalization(2), cyber-physical attacks against critical infrastructure, theft…
join us telegram A channel to stay up to date on breaking news coverage Bull Token price has traded up 99% in the last 24 hours. $0.000000004817 8:12 AM EST. Bull Token Price Prediction A deeper analysis of the 15-minute BULL/USD shows that the current price action is below the Bollinger Band moving average (orange line), which often indicates a possible bearish reversal. However, there is no noticeable volatility as the bands are not widening, suggesting that the market is entering a consolidation phase. The moving average convergence divergence (MACD) line (blue) has moved below the signal line (orange), indicating…
In January, Solana recorded a surge in new demand. This pushed the chain’s network activity to an all-time high. Leading Layer 1 network Solana (SOL) saw an increase in the number of new users, pushing the number of unique addresses created on the network to a record high in January, according to data from The Block. dashboard. According to the data provider, the total number of new addresses created on Solana over a 31-day period was 11.81 million. This is an 18% increase over the 10 million new addresses the network recorded in December. AMBCrypto found that January’s numbers marked…