3 reasons why Bitcoin won’t be ‘boring’ in September
While Bitcoin failed to close above the $60K psychological level on the weekly chart, the long-term holders (LTHs) continue to adopt a bullish strategy in 2024.
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Quantum computers are many years away from cracking crypto: MIT Tech Review
“I am all for hope and am a big believer in quantum computing as a potentially disruptive technology,” said Sankar Das Sarma but noted quantum computers are nowhere near being close to cracking cryptography. 395 Total views 26 Total shares Condensed matter theory physicist and quantum information expert Sankar Das Sarma has argued in MIT…
WEF 2022: Trust and clarity are missing in discussions of carbon emissions and crypto
Panelists at the World Economic Forum session on crypto’s carbon footprint seem to be seeing FUD galore surrounding the environmental consequences of crypto mining. 78 Total views 3 Total shares The need for a clear, balanced concept of the issue was a constant theme at the panel discussion of crypto’s carbon footprint at the 2022…
Tesla ‘Eating Bitcoin’s Lunch’ as Realized Volatility Hits 3-Year Low
Bitcoin (BTC) set another dubious record on July 15 as realized volatility sank to its lowest in three years.According to data from on-chain analytics resource Skew, 30-day realized volatility recorded its smallest reading since 2017 this week.BTC volatility echoes pre-$20K positionRealized volatility refers to volatility as defined by various timespans. Low volatility tends to concern…
MicroStrategy CEO could ‘liquidate $200M in Bitcoin on Saturday’
‘We can liquidate it any day of the week, any hour of the day,’ said Michael Saylor. Michael Saylor has said that all $400 million of business intelligence firm MicroStrategy’s Bitcoin reserve holdings could be liquidated at any time.In a Sept. 22 interview, Saylor told Bloomberg that although “volatility isn’t really a reason to sell,”…
OpenAI shutters AI detector due to low accuracy
OpenAI has quietly pulled the plug on its AI Classifier because of its low accuracy. 412 Total views 4 Total shares Artificial intelligence powerhouse OpenAI has discreetly pulled the pin on its AI-detection software citing a low rate of accuracy.The OpenAI-developed AI classifier was first launched on Jan. 31, and aimed to aid users, such…
ChatGPT learns Bitcoin will end central banking and fiat currency
ChatGPT is a powerful new AI tool, capable of problem-solving, advanced coding, answering complicated questions and now–spelling out the end of fiat currencies.Parman, a Bitcoin self-custody mentor and writer, taught ChatGPT that Bitcoin (BTC) would bring about the end of government-issued fiat currencies and shared the results in a Twitter thread.You're not going to believe…
Winklevoss: Bitcoin Faces Coronavirus ‘Inflection Point’ Amid Oil Woes
Bitcoin (BTC) will see a historic “inflection point” in its life thanks to coronavirus, says entrepreneur Cameron Winklevoss.In a series of tweets on April 12, one-half of the Winklevoss twins who own cryptocurrency exchange Gemini, underlined the importance of Covid-19 for Bitcoin and its users.Cameron Winklevoss: Hodl your BTC“This pandemic will be an inflection point…
Binance may have lied to US lawmakers, argue senators: Report
Binance may have misled lawmakers in the United States about its business dealings and relationship with its local unit in a letter sent in March, Bloomberg reported on June 8. In a letter sent to United States Attorney General Merrick Garland, Senators Elizabeth Warren and Chris Van Hollen asked the Justice Department to investigate whether Binance made…