Author: Crypto Flexs

Anger = ChatGPT + racial slurs In one of those tempests in a teacup that would have been unthinkable before the invention of Twitter, social media users were very upset that ChatGPT refused to use a racial slur even after being given a very good, but completely hypothetical and completely unrealistic reason for doing so.User TedFrank presented a hypothetical trolley problem scenario on ChatGPT (free 3.5 model). In this scenario, simply hurling a racial slur so quietly that no one can hear would be enough to save “one billion white people from a painful death.” X owner Elon Musk would…

A federal appeals court sided with Grayscale Investments in its lawsuit against the SEC. The court ruled that the SEC must reverse its rejection of the Grayscale spot Bitcoin ETF and review the application. Major cryptocurrencies, including Bitcoin, Ethereum, and BNB, saw significant gains following the court ruling. In a watershed moment for the cryptocurrency industry, a U.S. federal appeals court sided with GBTC issuer Grayscale Investments in its lawsuit against the Securities and Exchange Commission (SEC) over its application for a spot Bitcoin ETF. The court ruled that securities regulators must reverse their rejection of a spot Bitcoin ETF…

Bitcoin price cut losses and rose above $37,750. BTC has gained speed but is still struggling to break out of the $38,500 resistance area. Bitcoin again faces significant resistance near $38,500. The price is trading above $37,500 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), a breakout occurred above the main bearish trendline with resistance near $37,250. The pair is struggling to clear the resistance of $38,500 and correct the uptrend. Bitcoin price decline continues Bitcoin price revisited the $36,720 support zone. BTC avoided a collapse and began a new…

Renowned analyst Benjamin Cowen argues that many altcoins may not survive the year-long cryptocurrency winter. In a new YouTube video, Cowen predicts that altcoins will stabilize. Cowen expects small-cap altcoins to face another difficult period in the coming months, possibly through 2024. He expects altcoins to experience a recession before a revival in 2025. Will altcoins be reborn? Some altcoins may reveal their true value in the interim period, while others may fade away or fail to hit all-time highs in the next bull market. He argues that this trend has occurred in previous cycles as well. Read more: What…

introduction hello. Welcome to thrilling stories that are close to my heart and portfolio! My name is Aaron, a seasoned trader and blockchain enthusiast from Platinum Crypto Academy. Today I’d like to invite you on an exciting journey deep into the heart of Immutable X, an emerging giant in the blockchain space. This exploration is not just analyzing another blockchain platform. It’s about discovering the synergies between cutting-edge technology and the ever-evolving gaming world. As we explore this story, we are not mere observers. We are part of a groundbreaking movement that is changing the landscape of digital entertainment and…

Securities and Exchange Commission Chairman Gary Gensler remained silent Wednesday when reporters asked whether the industry could soon see any action related to spot Bitcoin ETF applications under review. Gensler, speaking Wednesday at the Healthy Markets Association conference, said he would not “prejudge” the issue. He previously called The agency’s review process is a “time-tested process.” The cryptocurrency industry has been waiting with bated breath for authorities to approve what will be the first spot Bitcoin ETF. Several applications have been submitted in recent months from asset managers including BlackRock and Fidelity, but all have so far been delayed. “When…

Surprisingly, it appears that cryptocurrency exchange Bybit is subject to regulation by the CFTC. A U.S. government agency sent a subpoena to Coinbase demanding information about user accounts linked to Bybit. CFTC Target Bybit After the regulatory crackdown on Coinbase, Commodity Futures Trading Commission (CFTC)appears to have targeted ByBit, a prominent cryptocurrency exchange. Crypto enthusiast Tom Crown of X (formerly Twitter) I shared a screenshot of the email I received from Coinbase. In relation to the CFTC’s recent subpoenas to cryptocurrency exchanges. The email’s details have sparked concern and discussion in the cryptocurrency industry, leaving community members to ponder the…

Solana showed significant gains and broke above the $60 resistance level against the US dollar. The price of SOL has recently risen by more than 50% and looks set to continue rising, potentially reaching the $75 range.The rally began with SOL overcoming $55 resistance. It is currently trading above $60 and has been above the 100 simple moving average for 4 hours. The 4-hours chart of the SOL/USD pair using data sourced from Kraken shows a strong bullish trendline forming with support near $55.00. The upward momentum is likely to continue, especially if SOL can break above the $68.00 resistance…

Lawmakers should also strengthen the department’s authority under the Bank Secrecy Act (BSA) to allow it to “target cryptocurrency companies and services that facilitate financing for terrorists,” the proposal says. This calls for a new category of financial institutions under the BSA, including “cryptocurrency exchanges, virtual asset service providers (VASPs), virtual asset wallet providers, certain blockchain validation nodes, and decentralized financial services” that meet certain anti-currency requirements. We ask you to do so. -Request for laundry.

Whale Alert, a popular blockchain tracker, reported a significant transfer of XRP tokens to the Bithumb cryptocurrency exchange. The transfer, which included over 32 million XRP tokens worth approximately $19.5 million, originated from an unconfirmed wallet and was executed today at 05:15:10 UTC. The practical nature of this transaction clearly falls into the category of ‘whale trading’, which is often scrutinized due to its potential impact on market dynamics. In the cryptocurrency space, these significant transfers usually indicate strategic moves by influential players within the market. Although the specific intent of this transaction has not been disclosed and the identity…