Crypto Coinfessions ✖️

From: rubikkav.nft #Bitcoin #correlation #coefficient #Nasdaq #techshares Bitcoin's correlation coefficient with Nasdaq lowest since November 2021, with tech shares rising while Bitcoin idles. Click here to learn more

Based on the daily negotiations, we can intuit that the #Bitcoin price is being supported by the EMA500D1 with an exact price of $26647.09. However, a break of this support may lead to another touch of the EMA100D1 at exactly $26,376.51, and so the bears will celebrate seeing the price very close to the EMA300D1 at approximately $25,361.24, with the possibility of touching the exact liquidation region at $24,964.95. Read More: https://buff.ly/3OxAMZC

From: rubikkav.nft #USDT #DEXs #stablecoin #marketcap #bankingcrisis On DEXs, USDT accounts for just 20% of non-stablecoin swap volume, an increase since the start of the year, but not necessarily enough to explain the more than $15bn increase in market cap over the same time period. The Mar... Click here to learn more

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Who Is Going to Regulate AI? As businesses and governments race to make sense of the impacts of new, powerful AI systems, governments around the world are jostling to take the lead on regulation. Business leaders should be focused on who is likely to win this race, moreso than the questions of how or even when AI will be regulated. Whether Congress, the European Commission, China, or even U.S. states or courts take the lead will determine both the speed and trajectory of AI’s transformation of the global economy, potentially protecting some industries or limiting the ability of all companies to use the technology to interact directly with consumers.

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We Put Google’s New AI Writing Assistant to the Test Google's new AI writing assistant, Duet AI, offers a glimpse into the future of productivity apps, but it has its limitations. The Help Me Write feature, launched in March, is a step beyond Gmail's Smart Reply and Smart Compose tools, generating full drafts of emails based on brief descriptions. However, Duet's writing can be stiff and sometimes includes gender stereotypes and inaccurate information. Despite these issues, the system is likely to be widely adopted by Gmail and Google Docs users. Google plans to improve the text generator by allowing it to draw on information from past emails in the same thread. The company is also considering "multi-turn experiences," similar to OpenAI's ChatGPT, to perfect the output. #Business #BusinessArtificialIntelligence #Wired #TechNews #News

Bitcoin Hits Key Support Again As Traders Wait For Inflection Point For Trend Reversal - #Bitcoin #KeySupport #TrendReversal #Gold #USDollarIndex Bitcoin’s gains above $27,000 happened while gold traded down 2.5% from May 15 to May 18, reaching its lowest level in 45 days at $1,970. Read More: https://buff.ly/45eNHFY

#Tether #ProPublica #lobbying #stablecoins #USDT According to public interest outlet ProPublica, Tether has spent around $600,000 since the beginning of 2022, with a quarterly spend of $120,000 for lobbying the U.S. Senate and House of Representatives. Source: https://buff.ly/3IPeqPZ

Liquidity US banks are parking at the FED right now is record high. 2.277 Trillion USD are waiting to get back into the market. #Liquidity #USBanks #FED #InterestRates #Market Source: https://buff.ly/3ItT1eS

In March, both centralized and decentralized exchanges saw an increase in crypto derivatives volume for the third consecutive month. #March #centralized #decentralized #exchanges #crypto_derivatives Source: https://buff.ly/45jqQJe

Decentralized storage is cheaper than centralized storage by around 78.6% on average. This means that with just $497.04, you can theoretically preserve the existing Naruto, One Piece, and Detective Conan episodes on Filecoin for the next century. Source: https://buff.ly/42QLf73

Decentralized storage is cheaper than centralized storage by around 78.6% on average. This means that with just $497.04, you can theoretically preserve the existing Naruto, One Piece, and Detective Conan episodes on Filecoin for the next century. #decentralizedstorage #centralizedstorage #cheaper #Filecoin #Naruto https://buff.ly/42QLf73

BTC and ETH options traders are bearish and Ethereum's implied volatility has declined to a record low. Read More 👈🏻

According to data from the International Monetary Fund, the U.S. dollar now accounts for just over 58% of global foreign exchange reserves, a considerable decrease from the 71% share it had in 2001. As an example of this de-dollarization taking place, the Chinese yuan has recently overtaken the U.S. dollar as China’s most used cross-border currency according to Bloomberg, increasing to a high of 48% of transactions after it made up nearly 0% in 2010. - Source.

Twitter partnership created a ‘symbiosis,’ says eToro CEO | Bitcoin Miami 2023 eToro and Twitter have partnered to enable users to trade cryptocurrencies and stocks on the social network platform. The collaboration aligns with former Twitter CEO Elon Musk's vision of making Twitter the world's largest financial institution. eToro CEO Lule Demmissie believes the integration of a social network and social trading platform is a logical step, allowing users to practice, engage, and trade while obtaining financial news and updates. Twitter's "cashtags" have already received half a billion search hits. Demmissie emphasizes the importance of diversification and the transformative nature of digital assets. However, she also highlights the need for better self-regulation practices as digital assets become more accessible. #Cryptocurrencies #Twitter #eToro #SocialMedia #Crypto #News

Elizabeth Warren’s Bill Won’t Stop Money Laundering, But it Could Ban Crypto Senators Elizabeth Warren and Roger Marshall are pushing the Digital Asset Anti-Money Laundering Act, which aims to close loopholes for money laundering through crypto assets. However, the legislation treats software developers and transaction validators as financial institutions, potentially rendering crypto useless. Proponents argue that money laundering is a significant issue in the crypto space, but law enforcement has successfully identified and charged those using crypto for such purposes. The legislation may do more harm than good, as requiring developers and validators to register as financial institutions could collapse the crypto economy. Instead, Congress could create a federal money transmission license, institute a supervisory regime for digital currency exchanges, or increase penalties for money laundering to address the issue without undermining crypto and blockchain technology. #ConsensusMagazine #opinion #Opinion #MoneyLaundering #ElizaabethWarren #Rogermarshall #Crypto #News

From: rubikkav.nft #USDT #trading #stablecoin #centralizedexchanges #BUSD As far as trading pairs go, USDT offers traders exponentially more options as a stablecoin to trade against, mainly thanks to its abundance of pairs on centralized exchanges. As of today, USDT is the quote asset for 3,... https://social.wubits.io/share/646671f5f97bed626a7c6788?rid=63dffbc796acc11510f0903b&utm_source=telegram