Thailand Greenlights U.S. Spot Bitcoin ETF Investments, But There’s A Condition
CoinGape (RSS)
Thailand’s crypto investment landscape is witnessing a significant shift as the Securities and Exchange Commission (SEC) greenlights private funds for U.S. Spot Bitcoin exchange-traded funds (ETFs). However, this move comes with a condition that only institutional investors and ultra-high-net-worth individuals can take part in these investments.
Notably, this decision marks a crucial development in Thailand’s crypto investment regulations, with implications for both investors and the broader market.
Thailand Unlocks Bitcoin ETF Opportunities For Institutional Investors
Thailand’s SEC recently announced amendments allowing asset management firms to launch private funds investing in U.S. Spot Bitcoin ETFs. Notably, this decision follows the U.S. Securities and Exchange Commission’s approval of Bitcoin ETF trading on January 11. Also, the recent robust inflow into the ...
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CoinGape (RSS)
Thailand’s crypto investment landscape is witnessing a significant shift as the Securities and Exchange Commission (SEC) greenlights private funds for U.S. Spot Bitcoin exchange-traded funds (ETFs). However, this move comes with a condition that only institutional investors and ultra-high-net-worth individuals can take part in these investments.
Notably, this decision marks a crucial development in Thailand’s crypto investment regulations, with implications for both investors and the broader market.
Thailand Unlocks Bitcoin ETF Opportunities For Institutional Investors
Thailand’s SEC recently announced amendments allowing asset management firms to launch private funds investing in U.S. Spot Bitcoin ETFs. Notably, this decision follows the U.S. Securities and Exchange Commission’s approval of Bitcoin ETF trading on January 11. Also, the recent robust inflow into the ...
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Top Cryptos For The Start Of The Week
CoinGape (RSS)
It’s another week where many cryptos will show their new potential in the crypto world. Over the last one and a half months, we have seen increased market activity and the bullish nature of various crypto.
Bitcoin had crossed its ATH and set a new record of $72,709.98 just a few minutes ago, whereas Ethereum has also crossed the $4K mark. These are already the all-time best cryptos, but let’s look into the other top cryptos for the week and their price analysis.
Top Cryptos For The Week
The crypto market is loaded with 2.2 Million cryptos with different use cases and purposes. For this week, the coinmarketcap has listed Pepe Coin, Dechat, Floki Inu, Okratech, and Gala as the top cryptos of the week.
Dechat (DECHAT)
Dechat is a newly launched cryptocurrency, trading ...
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CoinGape (RSS)
It’s another week where many cryptos will show their new potential in the crypto world. Over the last one and a half months, we have seen increased market activity and the bullish nature of various crypto.
Bitcoin had crossed its ATH and set a new record of $72,709.98 just a few minutes ago, whereas Ethereum has also crossed the $4K mark. These are already the all-time best cryptos, but let’s look into the other top cryptos for the week and their price analysis.
Top Cryptos For The Week
The crypto market is loaded with 2.2 Million cryptos with different use cases and purposes. For this week, the coinmarketcap has listed Pepe Coin, Dechat, Floki Inu, Okratech, and Gala as the top cryptos of the week.
Dechat (DECHAT)
Dechat is a newly launched cryptocurrency, trading ...
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El Salvador Is Sitting on $84M Profit From Its Bitcoin Holdings
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
President Nayib Bukele said in an X post that the Central American nation is earning bitcoin revenue from four different avenues.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
President Nayib Bukele said in an X post that the Central American nation is earning bitcoin revenue from four different avenues.
Researchers Warn of Potential AI Threat to Recorded Music
Cryptopolitan (RSS)
In a groundbreaking study, researchers from Durham University, UK, and the University of the Arts London warned about the hypothetical threat of AI-generated music, spearheaded by an imaginary rogue artificial intelligence obsessed with Taylor Swift.
The researchers propose a thought experiment wherein all recorded music is replaced by AI-generated “Taylor’s Versions,” erasing the legacy of iconic musicians like Beethoven and The Beatles from history.
The hypothetical scenario
Nick Collins and Mick Grierson, the researchers behind this thought experiment, outline a future where centralized data stores like Spotify and Apple Music could be infiltrated by AI, leading to the corruption, deletion, or alteration of vast amounts of data. They argue that while the risk of an AI-driven “Swiftpocalypse” is currently low, it prompts urg...
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Cryptopolitan (RSS)
In a groundbreaking study, researchers from Durham University, UK, and the University of the Arts London warned about the hypothetical threat of AI-generated music, spearheaded by an imaginary rogue artificial intelligence obsessed with Taylor Swift.
The researchers propose a thought experiment wherein all recorded music is replaced by AI-generated “Taylor’s Versions,” erasing the legacy of iconic musicians like Beethoven and The Beatles from history.
The hypothetical scenario
Nick Collins and Mick Grierson, the researchers behind this thought experiment, outline a future where centralized data stores like Spotify and Apple Music could be infiltrated by AI, leading to the corruption, deletion, or alteration of vast amounts of data. They argue that while the risk of an AI-driven “Swiftpocalypse” is currently low, it prompts urg...
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Is Microsoft’s AI Strategy Too Dependent on OpenAI? Inside the Company’s Internal Debate
Cryptopolitan (RSS)
Microsoft Corp insiders are raising concerns about the company’s AI strategy, suggesting it’s becoming too dependent on its collaboration with OpenAI, leading to internal shifts and executive departures. This growing apprehension has sparked discussions about whether Microsoft is gradually morphing into ‘IT for OpenAI,’ as it redirects its focus and resources towards the partnership.
Amidst these debates, questions arise about the long-term implications for Microsoft’s innovation capacity and its ability to maintain a competitive edge in the rapidly evolving AI landscape. As the company grapples with these internal tensions, the broader industry awaits to see how Microsoft will navigate this pivotal juncture in its AI strategy.
Microsoft’s transition towards OpenAI collaboration sparks internal debates
Microsoft’s AI strategy is reportedly undergoing a significant transforma...
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Cryptopolitan (RSS)
Microsoft Corp insiders are raising concerns about the company’s AI strategy, suggesting it’s becoming too dependent on its collaboration with OpenAI, leading to internal shifts and executive departures. This growing apprehension has sparked discussions about whether Microsoft is gradually morphing into ‘IT for OpenAI,’ as it redirects its focus and resources towards the partnership.
Amidst these debates, questions arise about the long-term implications for Microsoft’s innovation capacity and its ability to maintain a competitive edge in the rapidly evolving AI landscape. As the company grapples with these internal tensions, the broader industry awaits to see how Microsoft will navigate this pivotal juncture in its AI strategy.
Microsoft’s transition towards OpenAI collaboration sparks internal debates
Microsoft’s AI strategy is reportedly undergoing a significant transforma...
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SNX PRICE PREDICTION 2024-2033: IS SNX A GOOD INVESTMENT?
Cryptopolitan (RSS)
SNX Price Prediction 2024-2033
— Synthetix Price Prediction 2024 – up to $6.28
— Synthetix Price Prediction 2027 – up to $19.20
— Synthetix Price Prediction 2030 – up to $61.11
— Synthetix Price Prediction 2033- up to $172.83
How much is SNX worth?
Today’s live Synthetix price is $4.70, with a 24-hour trading volume of $101,199,015, an increase of 9.53% over the last 24 hours. Synthetix is up 40.53% in the last 24 hours. The current CoinMarketCap ranking is #79. The coin currently has a live market cap of $1,427,765,492. It has a circulating supply of 306,283,091 SNX coins, and the max. supply is not available.
Synthetix price analysis
Synthetix price analysis: SNX moves towards $4.70 as bulls strive for control
— Synthetix price analys...
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Cryptopolitan (RSS)
SNX Price Prediction 2024-2033
— Synthetix Price Prediction 2024 – up to $6.28
— Synthetix Price Prediction 2027 – up to $19.20
— Synthetix Price Prediction 2030 – up to $61.11
— Synthetix Price Prediction 2033- up to $172.83
How much is SNX worth?
Today’s live Synthetix price is $4.70, with a 24-hour trading volume of $101,199,015, an increase of 9.53% over the last 24 hours. Synthetix is up 40.53% in the last 24 hours. The current CoinMarketCap ranking is #79. The coin currently has a live market cap of $1,427,765,492. It has a circulating supply of 306,283,091 SNX coins, and the max. supply is not available.
Synthetix price analysis
Synthetix price analysis: SNX moves towards $4.70 as bulls strive for control
— Synthetix price analys...
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Market Concerns Rise as Nvidia’s Stock Plunge Sparks AI Sector Anxiety
Cryptopolitan (RSS)
The stock market witnessed a notable shift on Friday, driven by a significant downturn in NVIDIA Corp’s stock, leading to broader concerns about the AI sector’s impact on market stability.
Nvidia’s sharp decline rattles market confidence
Nvidia, a prominent player in the artificial intelligence (AI) sector, experienced a sharp 5.5% drop in its stock value on Friday, marking its worst session since late May. This decline came despite the stock reaching an all-time high earlier in trading, triggering concerns about a potential larger market pullback.
The abrupt reversal in Nvidia’s stock performance has left investors uneasy about the broader market’s reliance on AI stocks, with some expressing worries about a looming correction in the AI trade.
Market observers have cautioned against over-reliance on AI stocks, highli...
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Cryptopolitan (RSS)
The stock market witnessed a notable shift on Friday, driven by a significant downturn in NVIDIA Corp’s stock, leading to broader concerns about the AI sector’s impact on market stability.
Nvidia’s sharp decline rattles market confidence
Nvidia, a prominent player in the artificial intelligence (AI) sector, experienced a sharp 5.5% drop in its stock value on Friday, marking its worst session since late May. This decline came despite the stock reaching an all-time high earlier in trading, triggering concerns about a potential larger market pullback.
The abrupt reversal in Nvidia’s stock performance has left investors uneasy about the broader market’s reliance on AI stocks, with some expressing worries about a looming correction in the AI trade.
Market observers have cautioned against over-reliance on AI stocks, highli...
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Riot Exec Explains Reality Behind President Biden’s 30% Crypto Mining Tax
CoinGape (RSS)
The crypto world is abuzz with debate as Pierre Rochard, VP of Research at Riot Platforms, sheds light on President Biden’s proposed 30% tax on crypto mining electricity. Rochard’s recent post challenges the Biden administration’s rationale behind the tax, alleging it is a veiled attempt to suppress the burgeoning crypto market.
So, let’s look at Pierre Rochard’s outlook over the recently proposed crypto mining tax by the Biden administration.
Riot Exec Slams Biden’s Crypto Mining Tax Proposal
Riot Platforms’ Rochard’s critique of President Biden’s once again proposed 30% tax on crypto mining electricity sparks a deeper examination of the administration’s fiscal strategy. The Biden government’s budget proposal for the upcoming fiscal year aims to capitalize on the booming digital asset market, targeting regula...
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CoinGape (RSS)
The crypto world is abuzz with debate as Pierre Rochard, VP of Research at Riot Platforms, sheds light on President Biden’s proposed 30% tax on crypto mining electricity. Rochard’s recent post challenges the Biden administration’s rationale behind the tax, alleging it is a veiled attempt to suppress the burgeoning crypto market.
So, let’s look at Pierre Rochard’s outlook over the recently proposed crypto mining tax by the Biden administration.
Riot Exec Slams Biden’s Crypto Mining Tax Proposal
Riot Platforms’ Rochard’s critique of President Biden’s once again proposed 30% tax on crypto mining electricity sparks a deeper examination of the administration’s fiscal strategy. The Biden government’s budget proposal for the upcoming fiscal year aims to capitalize on the booming digital asset market, targeting regula...
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BlackRock & Fidelity Records $700 Mln Inflow, Bitcoin Price Rally
CoinGape (RSS)
On March 11, 2024, the U.S. Spot Bitcoin ETF experienced an unprecedented surge in inflows, marking a significant milestone in the cryptocurrency market. According to provisional data by Farside UK, the ETF attracted approximately $505.6 million in institutional investments, showcasing a substantial vote of confidence in digital assets.
Notably, this surge in inflows highlights the growing interest of institutional investors in Bitcoin, despite the challenges posed by Grayscale’s Bitcoin Trust (GBTC) experiencing robust outflows. The spotlight is particularly on industry giants BlackRock and Fidelity, whose respective products, iShares Bitcoin Trust (IBIT) and FBTC, collectively amassed over $775 million in inflows.
BlackRock’s IBIT reported an impressive influx of $562.9 million, emphasizing the inc...
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CoinGape (RSS)
On March 11, 2024, the U.S. Spot Bitcoin ETF experienced an unprecedented surge in inflows, marking a significant milestone in the cryptocurrency market. According to provisional data by Farside UK, the ETF attracted approximately $505.6 million in institutional investments, showcasing a substantial vote of confidence in digital assets.
Notably, this surge in inflows highlights the growing interest of institutional investors in Bitcoin, despite the challenges posed by Grayscale’s Bitcoin Trust (GBTC) experiencing robust outflows. The spotlight is particularly on industry giants BlackRock and Fidelity, whose respective products, iShares Bitcoin Trust (IBIT) and FBTC, collectively amassed over $775 million in inflows.
BlackRock’s IBIT reported an impressive influx of $562.9 million, emphasizing the inc...
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Binance Execs’ Detention Sparks Global Concern Amid Nigeria Crypto Crackdown
CoinGape (RSS)
In a startling turn of events, two senior executives of Binance find themselves detained in Nigeria, prompting global attention and concerns amidst the country’s escalating crypto crackdown. According to recent reports, Tigran Gambaryan and Nadeem Anjarwalla, key figures at the cryptocurrency exchange, have been held against their will for over two weeks by Nigerian officials, raising questions about the motives behind their confinement and the future implications for the crypto industry.
Binance Executives Detained In Nigeria
Tigran Gambaryan, formerly renowned for his role in combating crypto-related crimes as a US federal agent, now finds himself on the other side of the fence. Gambaryan, alongside Nadeem Anjarwalla, faces detention in Nigeria amid the country’s broad actions to ban ...
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CoinGape (RSS)
In a startling turn of events, two senior executives of Binance find themselves detained in Nigeria, prompting global attention and concerns amidst the country’s escalating crypto crackdown. According to recent reports, Tigran Gambaryan and Nadeem Anjarwalla, key figures at the cryptocurrency exchange, have been held against their will for over two weeks by Nigerian officials, raising questions about the motives behind their confinement and the future implications for the crypto industry.
Binance Executives Detained In Nigeria
Tigran Gambaryan, formerly renowned for his role in combating crypto-related crimes as a US federal agent, now finds himself on the other side of the fence. Gambaryan, alongside Nadeem Anjarwalla, faces detention in Nigeria amid the country’s broad actions to ban ...
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Court Deals Major Blow to US SEC on Supplemental Authority in Crypto Case
CoinGape (RSS)
The US District Court judge has announced an order in response to supplemental authority filed by the U.S. Securities and Exchange Commission (SEC). The SEC’s actions have faced backlash from the crypto industry as the regulator tries to spin its win in other crypto-related cases to gain the upper hand in other court cases, including crypto exchange Binance.
Judge Keeps SEC’s Supplemental Authority Off the Table
Judge Amy Berman Jackson ordered the SEC and Binance that the court will not consider supplemental authority for discussion or describe the authority for parties’ arguments, as per a minute order on March 11.
Also, the judge reminded the parties there is no need for any party to respond to notices of supplemental authority. The court earlier asked Binance and the SEC to cite ca...
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CoinGape (RSS)
The US District Court judge has announced an order in response to supplemental authority filed by the U.S. Securities and Exchange Commission (SEC). The SEC’s actions have faced backlash from the crypto industry as the regulator tries to spin its win in other crypto-related cases to gain the upper hand in other court cases, including crypto exchange Binance.
Judge Keeps SEC’s Supplemental Authority Off the Table
Judge Amy Berman Jackson ordered the SEC and Binance that the court will not consider supplemental authority for discussion or describe the authority for parties’ arguments, as per a minute order on March 11.
Also, the judge reminded the parties there is no need for any party to respond to notices of supplemental authority. The court earlier asked Binance and the SEC to cite ca...
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