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Elon criticizes Apple's decision to integrate OpenAI’s ChatGPT into Siri, citing privacy concerns and threatening to ban Apple devices. Apple defends its AI integration, emphasizing privacy measures.
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Bitcoin ETFs experienced a remarkable surge, acquiring nearly two months' worth of Bitcoin mining supply in the first week of June.
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Sam Trabucco supports Ryan Salame during his sentencing after FTX's collapse. Why did he stay silent until now? What does this mean for Sam Bankman-Fried's circle? Sam Trabucco, a prominent figure in Sam Bankman-Fried’s inner circle, has reappeared publicly following the collapse of FTX in late 2022. He has come forward to support his former colleague, Ryan Salame, as Salame faces sentencing. Trabucco wrote in a letter of endorsement, “I will be missing the funniest, most passionate, most supportive friend I’ve ever had.” This letter, included in recent court filings, represents Trabucco’s first public statement since FTX declared bankruptcy in November 2022. Read more on this at www.theafricancrypto.com
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Uniswap recently announced that candlestick charts are now available on their platform, enhancing users’ ability to make informed financial decisions. This new feature visually represents an asset’s trading activity, aiding investors in analyzing price movements and market sentiment. The announcement of candlestick charts on Uniswap was made via a post on the official Uniswap Labs X page and has generated excitement and interest within the cryptocurrency community.
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Binance conducts periodic reviews of all listed spot trading pairs, and may delist selected spot trading pairs due to multiple factors, such as poor liquidity and trading volume. Based on our most recent reviews, Binance will remove and cease trading on the following spot trading pairs: At 2024-03-29 03:00 (UTC): GNS/BTC, XVG/TUSD
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Bitcoin Nears Pre-Halving Danger Zone as Analysts Predict Price Volatility Bitcoin, the world’s leading cryptocurrency, is approaching what analysts term the “Danger Zone” as it gears up for its upcoming halving event. Analysts suggest that Bitcoin’s price could face a downturn in the weeks leading up to the halving, based on historical trends. Crypto analyst Rekt Capital shared an analysis indicating that BTC typically undergoes price retracements within 14 to 28 days before its halving events. This trend was evident in both the 2016 and 2020 halvings, with price drops of 40% and 20% respectively during these periods. In January, Rekt Capital made a prediction about Bitcoin’s behavior before its upcoming halving event. They anticipated a surge in value, which they termed a “pre-halving rally,” roughly two months before the halving.This would entail a slight drop, known as a “pre-halving retrace,” occurring about one to three weeks before the halving itself. Their prediction proved accurate when Bitcoin indeed started to climb in mid-February. Then, in March, it surprised many analysts by surpassing its previous record high from the last cycle, reaching $68,990. This was the first time Bitcoin had achieved such a feat before a halving event. Looking ahead, the next halving is expected to take place in approximately 33 days, on April 20, as reported by CoinMarketCap. However, Bitcoin’s price has already experienced a decline of 8.5% from its peak of $73,835 on March 14, now standing at $67,537. Leaders of Crypto.com and Binance are optimistic about Bitcoin’s future. Richard Teng, the CEO of Binance, shared his belief at an event in Bangkok on March 17 that Bitcoin’s value will keep soaring, possibly exceeding $80,000 by year-end. He emphasized that Bitcoin’s journey is just beginning, highlighting significant investments by institutional players in cryptocurrency, particularly through new US exchange-traded funds (ETFs) managing a hefty $57 billion, according to Dune Analytics data.
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