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Showing posts from May, 2023

Satoshi Nak-AI-moto: Bitcoin's creator has become an AI chatbot

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The bot is a ChatGPT model that’s so far only been trained on Satoshi Nakamoto’s public writings and a handful of Bitcoin-related source materials. Satoshi Nakamoto may have effectively disappeared over 12 years ago, but two artificial Intelligence dabblers are seeking to revive the ability to chat with the famed Bitcoin (BTC) creator . On May 31, Bitcoin FilmFest co-organizer Pierre Corbin and the chatbot 's co-developer Hugo Ferrer — released “Talk2Satoshi” — an AI chatbot that aims to answer questions about Bitcoin and economics as if they came from Nakamoto. Announcing my newest project! Together with @HugoFerrer_, we've spent the last few weeks working on something that has been missing in #bitcoin: the Bitcoin GPT. We call it @talk2satoshi . Try it out for free: https://t.co/IhWIVAZSsT https://t.co/AFQlb9Dxc9 — Pierre Corbin (@CierrePorbin) May 31, 2023 The model, essentially, is OpenAI’s ChatGPT trained on a limited dataset including Nakamoto’s public emails and for

Crypto Community Shaken Amid Multichain’s Founder Arrest in China

In a stunning turn of events, the founder of Multichain, a prominent blockchain network, has been taken into custody by Chinese authorities for investigation. This development comes as a surprise to many, especially those who have been praising China’s new crypto policies. Speculation surrounding the arrest suggests that the Chinese police may now have control over the network’s hardware and cold wallet, potentially involving $1.6 billion in funds. According to the rumors earlier today in Chinese community, it is said that the core members of the Multichain team were arrested by Chinese police, and the cold wallet was controlled, involving about $1.5 billion in funds.#MultiChain — Gwei Research(fomerly 8BTCnews) (@btcinchina) May 25, 2023 Rumors circulated that the entire development team behind the Multichain network had been apprehended, causing further distress. However, the project’s co-founder, Alfred Xu, reassured the community in a Telegram message, stating tha

Will Ford Stock Reach $100?

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In the world of automobile manufacturing, there are few companies as revered as Ford . Whether you like them or hate them, you can’t deny their overall success in the history of vehicle development. Yet, considering the success, will Ford stock ever reach $100?  Context is important, and considering the stock movement for Ford Motor Company, a $100 price seems difficult. Specifically, the last five years have only seen the manufacturer deliver 12% returns. Moreover, its returns are down by almost 30% in the last year.  However, it remains one of the oldest and most popular car manufacturers. Additionally, its status as an innovator in this space remains somewhat uncertain. So, can the price be reached? Well, let’s observe some necessary factors.  Ford Motor Company Source: Ford Media The Ford Motor Company is a beloved name in American car manufacturing. Created by Henry Ford in 1903, there has always been admiration for the company in the United States. Now, the com

Binance Expands Support For Cardano (ADA) and Litecoin (LTC)

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The crypto exchange also revealed zero maker fees for the ADA/TUSD and LTC/TUSD spot and margin trading pairs. ADA and LTC prices are picking momentum due to positive developments. advertisement Binance Adds Cardano and Litecoin in TUSD Trading Pairs According to an official announcement on May 30, crypto exchange Binance introduces TUSD spot and margin trading pairs for Cardano and Litecoin. Users can start trading ADA/TUSD and LTC/TUSD from May 31 at 08:00 UTC. Start time for ADA/TUSD and LTC/TUSD margin trading pairs will be announced separately. The exchange will allow users to trade ADA/TUSD and LTC/TUSD spot and margin trading pairs at zero maker fees until further announcement. The move comes in an effort to increase liquidity on the exchange by attracting traders. “ Binance Spot Grid will be enabled for the ADA/TUSD, LTC/TUSD and TUSD/BUSD trading pairs within 48 hours of the trading start time.” Recommended Articles

XRP News: Lawyer Reveals Why US Exchanges May Relist XRP

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Also Read: Why LBRY Latest Court Filing Is Critical For XRP Case Judgement? advertisement XRP Relisting Coming Soon? The “Secondary Market Sales” of XRP have been a majorly discussed issue among crypto leaders and experts. However, the court is yet to address this matter in the XRP lawsuit. Coingape reported that US SEC on record admitted that the LBRY Credits (LBC) tokens’ secondary market sales don’t constitute a security. However, the commission’s this settlement in the LBRY lawsuit would surely be discussed among the Ripple legal team. Attorney Jeremy Hogan stated that he is confident Ripple ’s XRP will be relisted on crypto exchanges once the judge decides whether the token is inherently a security. The SEC’s complaint in the lawsuit claims that XRP itself is a security. However, it does not ask anything to discuss the nature of the asset. Read More XRP News Here… Recommended Articles

Debt Ceiling Deal Reached “In Principle” To Avoid Default

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The tentative agreement between the two parties would raise the debt limit for two years while limiting spending over that time. However, the deal still needs approval from a divided congress next week before the US government runs out of money to pay its debt on June 5. advertisement Joe Biden calls debt ceiling agreement a “compromise” US President Joe Biden described the tentative agreement as a “compromise”, while House Speaker Kevin McCarthy said it “has historic reductions in spending.” “The agreement represents a compromise, which means not everyone gets what they want,” Biden said in a statement late on Saturday. “That’s the responsibility of governing,” he added. Biden called the Debt Ceiling agreement “good news for the American people because it prevents what could have been a catastrophic default and would have led to an economic recession, retirement accounts devastated, and millions of jobs lost.” Recommended Articles

Dogecoin Whale Transactions Skyrocket, Spiking 152%

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Dogecoin  is a popular meme coin that has inspired many other animal-themed cryptocurrencies. DOGE paved the path for the numerous cats and dogs that are flooding the meme coin realm. Meme coins were primarily developed as a joke, as their name suggests. However, over time, they have gained prominence as an important niche. While other meme coins come and go, Dogecoin has earned its reputation among the meme coin community. According to the latest data from IntoTheBlock, there has been over a 152% spike in Dogecoin whale transactions that are valued at over $100,000 in the last 24 hours. Also read: Mark Cuban’s Blueprint for SEC-Proofing the Crypto Market Source: IntoTheBlock Dogecoin whale transactions see a notable spike Dogecoin WHALES have recently been quite active in trading the largest meme coin , despite the price drop. IntoTheBlock data shows that 65% of the DOGE supply is held by large holders. In the last seven days, transactions by Dogegoin Whales

Litecoin Halving is in 2 Months, Will LTC Reach $100?

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Although Litecoin ( LTC ) has dropped 4.8% in the last week, it is still up nearly 10% in the 14-day charts. However, many anticipate the asset’s price to rally as LTC ’s halving event is inching closer and closer. LTC ’s halving will take place on August 10 this year, on block number 2,140,000. Block rewards given to Litecoin miners for validating transactions will be cut in half during the impending halving event. Rewards will drop from 12.5 LTC to 6.25 LTC. Typically, crypto miners aim to increase their reserves as the halving date draws closer. Moreover, halving events, like Bitcoin (BTC), usually lead to a price surge. However, the usual development of miners hoarding tokens is not being seen this time around. On-chain data raters show the contrary, i.e., miners are letting go of their reserves. According to the data from IntoTheBlock, Litecoin (LTC) miners have dumped nearly 680,000 LTC in May 2023 alone. Source: IntoTheBlock It is possible that miners are booking

Ethereum Rainbow Chart. How Does It Work? What About New Rising Star ApeMax?

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Following the Shapella upgrades, which allowed unstaking of Ethereum (ETH) for the first time since its introduction in December 2020, the PR ice of ETH crossed the significant $2,000 mark and maintained stability. This has left investors assessing its potential future trends, including its relationship with the ETH Rainbow Chart. Simultaneously new cryptocurrency coins are emerging, such as ApeMax, a new revolutionary staking token. In this guide, we will delve into the world of cryptocurrency and shed light on the Ethereum Rainbow Chart, as well as the new emerging star ApeMax. In this article, we explore the much-debated Ethereum Rainbow and provide valuable market insights and data to assist readers in comprehending its significance. Furthermore, we examine the factors analysts consider when making Ethereum pricing predictions, offering readers a possible glimpse into the future of this groundbreaking digital coin. The cryptocurrency market is a constantly evolving eco

Multichain Commits to Compensating Users Affected by ‘Force Majeure’ Occurrence

Multichain, a cross-chain protocol that was previously known as Anyswap, has committed to compensating affected users following a “force majeure” incident that has resulted in the unavailability of certain cross-chain routes. While most of the cross-chain routes of Multichain protocol are functioning well, some of the cross-chain routes are unavailable due to force majeure, and the time for service to resume is unknown. After service is restored, pending transactions will be credited automatically.… — Multichain (Previously Anyswap) (@MultichainOrg) May 24, 2023 The team addressed the fact that, even though most of the cross-chain routes are functioning normally, some of them are unavailable. Additionally, they mentioned that the exact time for resuming their services is unknown. Multichain also assured that the pending transactions would be credited automatically after the service was restored. Users who were affected during this process will also receive compensati

Price analysis 5/22: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC

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Bitcoin’s tight-range trading suggests that traders are content to wait for a catalyst to start the next trending move. Bitcoin has been trading in a narrow range for the past few days. Generally, tight ranges are followed by a range expansion, resulting in strong trending moves. Market intelligence firm Glassnode tweeted on May 22 that Bitcoin’s (BTC) seven-day price range is “comparable to Jan 2023 and July 2020, both of which preceded large market moves.” It is not only Bitcoin — even the S&P 500 Index (SPX) is at a critical juncture. After its 1.65% rise last week, the SPX has reached near a stiff resistance. The market participants will be keenly watching the outcome of the debt ceiling negotiations before attempting to start a trending move. Daily cryptocurrency market performance. Source: Coin360 Another trigger could be the macroeconomic data, as it will provide insights on the likely action by the United States Federal Reserve in its next meeting on June 13 and 14. The Fe