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According to people familiar with the matter at Tencent, the company has set up a development team to work on a new project. Chinese conglomerate company Tencent Holdings has joined the growing list of companies working to develop a similar AI tool like ChatGPT. The Microsoft-backed ChatGPT has gained massive attention
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Guggenheim Partners CIO Scott Minerd believes there is going to be a crypto washout similar to the internet bubble. “There’s another shoe to drop,” he warned. Nonetheless, the executive is confident that the crypto industry will move forward despite the collapse of crypto exchange FTX. Guggenheim’s Scott Minerd Shares Crypto
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On-chain data shows the amount of Bitcoin supply in loss has now reached levels similar to during the COVID crash and the
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Place/Date: - October 23rd, 2022 at 12:43 pm UTC · 4 min read Source: Metacryp The number of crypto networks operational in the coin market is rising daily. The first crypto network, Bitcoin, remains the most prominent platform by market cap. Other crypto blockchains like Ethereum and
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New draft legislation on stablecoins in the United States House of Representatives proposed to impose a two-year ban on new algorithmically pegged stablecoins like TerraUSD (UST).The proposed legislation would require the Department of the Treasury to conduct a study of stablecoins similar to UST in collaboration with the United States
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Ethereum's blockchain Merge is expected to take place around 05:05 UTC on Sept. 15. It is a milestone that marks a full transition towards Proof-of-Stake (PoS) for Ethereum, and eliminates the need for energy-intensive mining by a projected 99.9% when compared to Proof of Work (PoW).Some miners are also getting
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Russia has seemingly drawn a line in the sand and will not turn on Europe’s main gas pipeline until the “collective West” lifts the financial sanctions against the country. The move follows the Nord Stream 1 pipeline allegedly shutting down for “maintenance,” but reports from Interfax that followed five days
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Crypto coins exhibited exponential growth through the years, raising attention to the crypto space. There was no correlation between crypto performance and the conventional stocks of different commodities. However, all that seems to be fading into thin air from the recent activities and trends of digital assets. The chief economist of
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India’s prime minister, Narendra Modi, has called on governments worldwide to collaborate on cryptocurrency. He pointed out that “The kind of technology that is associated with it, the decisions taken by a single country will be insufficient to deal with its challenges.” Indian Prime Minister Urges ‘Every Country, Every Global Agency’
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The on-chain indicator SOPR suggests that Bitcoin holders have continued to sell at a loss for a while now. This behavior is similar to what was seen during the May-June 2021 mini-bear period. Bitcoin Investors Have Continued To Dump At A Loss For A Month Now As pointed out by an analyst
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