The weakened market sentiment comes amid fears of a potential $8.5 billion market dump by Mt. Gox and recent mass outflows from United States spot Bitcoin ETFs. Source: https://cointelegraph.com/news/crypto-fear-greed-index-falls-18-month-low
Month: June 2024
Crypto Industry Future: Insights From Marathon Digital’s CEO on Trump and Biden
Marathon Digital’s CEO has shared his insights on the future of the crypto industry and the potential impact of the upcoming presidential election. The executive observed that the Biden administration has historically been hostile to bitcoin and crypto through its various agencies. However, he noted a recent shift in its stance, likely due to the […] Source: https://news.bitcoin.com/crypto-industry-future-insights-from-marathon-digitals-ceo-on-trump-and-biden/
‘Doom’ Creator Says AI Can Do a Lot of Things—Except Be Original
Artificial intelligence has already changed the way developers create video games. But while AI is a powerful tool for creating images and music based on prompts, ID Software co-founder and Doom co-creator John Romero says it still can’t create something genuinely new. In a restrospective interview with Ars Technica, Romero expressed skepticism about how much of an effect generative artificial…
Bitcoin will protect the wealth that AI creates: Pompliano
AI machines will need to use and store their wealth somewhere, and Bitcoin is the logical choice for that, Anthony Pompliano says. Source: https://cointelegraph.com/news/bitcoin-protect-wealth-created-by-artificial-intelligence
Julian Assange to be freed after reaching plea deal with US
The Wikileaks founder is expected to plead guilty to one U.S. charge and be sentenced for time served in a U.K. prison. Source: https://cointelegraph.com/news/julian-assange-freed-after-us-plea-deal
Stability AI Gets New CEO, Restructuring Amid Turmoil
Stability AI, known for its image generation platform Stable Diffusion, will now be led by Prem Akkaraju as its new CEO, according to a Monday report from The Information. Akkaraju is the former CEO of visual effects company Weta Digital. Stability AI’s founder and first CEO, Emad Mostaque, resigned in March to focus on his new startup Schelling AI. Chief…
Robert Kiyosaki on Bitcoin Crash: Most People Should Sell — He’s Waiting to Buy More, Follow Warren Buffett’s Strategy
Rich Dad Poor Dad author Robert Kiyosaki says most people should sell bitcoin now that the price of the cryptocurrency is “crashing.” However, he affirmed that he is waiting to buy more bitcoin, emphasizing that “all markets go up and down.” The famous author noted that his strategy is similar to Berkshire Hathaway CEO Warren […] Source: https://news.bitcoin.com/robert-kiyosaki-on-bitcoin-crash-most-people-should-sell-hes-waiting-to-buy-more-follow-warren-buffetts-strategy/
Pranksy’s Optimism vs. Market Realities
Pranksy’s Optimism in the Future of NFTs Well-regarded non-fungible token (NFT) collector Pranksy has voiced optimism approximately the destiny of NFTs, countering a developing narrative in their decline. Pranksy, an early NFT investor who has built a large following and collection, recently asked his X followers about the last time they purchased an NFT. The post received nearly 118k views…
‘Deadrop’ Game Studio Drops Founder Dr. Disrespect After Alleged Misconduct
Midnight Society, the studio building the first-person shooter game Deadrop, announced Monday that it is dropping co-founder and popular streamer Dr. Disrespect (aka Guy Beahm) following tweeted allegations over why he had been banned from streaming platform Twitch. The studio tweeted its decision Monday, writing that it began investigating the allegations after it surfaced via social media on Friday. “We…
Iranian officials decry blockchain game 'Hamster Kombat' as soft power tool
The deputy chief of the Iranian military claimed the game was a way of distracting Iranians from the country’s upcoming presidential elections. Source: https://cointelegraph.com/news/iranian-officials-decry-blockchain-game-hamster-kombat