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Google and Alphabet CEO Sundar Pichai thinks AI could cause serious harm in different sectors if society does not brace for it. According to Google (NASDAQ: GOOGL) CEO Sundar Pichai, society needs to brace itself for the far-reaching impact of artificial intelligence (AI). In a recent media session, Pichai opined that AI acceleration might distort everyday life
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Others who are looking to trade the price of Ethereum may be encouraged by the Shanghai upgrade, as it will surely increase volatility, at least temporarily. If you’re looking to trade the crypto markets, be prepared to navigate the market, as this is a significant change and will likely have
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A recession is a period of economic decline that can impact individuals and businesses alike. It’s important to take steps to prepare for a recession to help minimize the potential negative impact on your finances. Here are some strategies to consider:Build an emergency fundBuilding an emergency fund is one of
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Like it or not, for crypto investors, the U.S. Federal Reserve policy on interest rate hikes and high inflation is the single most relevant measure for gauging demand for risk assets. By increasing the cost of capital, the Fed boosts the profitability of fixed-income instruments, but this is detrimental to
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A group of countries in Latam is preparing a regional agreement to address inflation, a problem common to most nations in the region. The initiative, which is being spearheaded by Mexican president Andres Lopez Obrador, would allow the exchange of products with high prices between the states to lessen the
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Analysts surveyed by FactSet anticipate Coinbase’s revenue fell to $589 million in the final quarter of the year, down just a hair from the $590 million reported in the previous quarter, which was already crippled from negative sentiment in the crypto space following the bankruptcy of crypto lender Celsius Network
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The Fantom USD stablecoin has been extremely volatile since inception compared to the pegged dollar price. The Fantom (FTM) network, a fast-developing smart contract and DeFi ecosystem, has gained significant traction in the past few weeks. According to market data provided by Binance-backed Coinmarketcap, Fantom (FTM) has rallied over 153 percent
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For many countries, the tax season is right around the corner, which means companies in the crypto industry will need to be ready to help their users comply with local regulations.On Feb. 6, crypto exchange Binance announced it is launching a tax reporting tool to help users stay on track
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When crypto winter ends and investment activity blossoms once again in the digital assets space, financial advisors should be prepared to hear a new litany of questions from clients about the risks and opportunities in cryptocurrencies. Source
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While this is a broad-brush approach with echoes of Operation Choke Point, it’s hard to argue their fears are unjustified after the events of last year, even if it is ultimately unworkable to keep open, public and/or decentralized networks segregated from other areas of financial services for long. As Somerset
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