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New Development in the Tether-XRP War: Ripple CEO Brad Garlinghouse Stepped Back. Brad Garlinghouse, CEO of Ripple, the company behind XRP, claimed in his recent statement that the US government was going after Tether (#USDT ). On the other hand, Tether #CEO Paolo Ardoino published a long response and said that an 'uninformed' CEO was spreading fear about USDT, referring to Garlinghouse. He also reminded that Ripple is under investigation by the SEC and intends to launch a USDT rival stablecoin. However, Garlinghouse also said in the podcast program in which he made his controversial remarks that he saw Tether as very important for the cryptocurrency ecosystem. He added that he did not know how to predict what impact potential US regulatory action against Tether would have on the crypto ecosystem. Garlinghouse published a response and took a step back after #Tether CEO Paolo Ardoino lashed out at him. #Ripple CEO said that his intention was not to attack Tether. In addition, he reminded that his next words in the podcast were that Tether was very important for the ecosystem. Garlinghouse said that his statement was intended to remind that the US government demands more control over dollar-based stablecoin companies and that Tether, the largest company in this field, is also in its targets. $BTC $XRP

New Development in the Tether-XRP War: Ripple CEO Brad Garlinghouse Stepped Back.

Brad Garlinghouse, CEO of Ripple, the company behind XRP, claimed in his recent statement that the US government was going after Tether (#USDT ).

On the other hand, Tether #CEO Paolo Ardoino published a long response and said that an 'uninformed' CEO was spreading fear about USDT, referring to Garlinghouse. He also reminded that Ripple is under investigation by the SEC and intends to launch a USDT rival stablecoin.

However, Garlinghouse also said in the podcast program in which he made his controversial remarks that he saw Tether as very important for the cryptocurrency ecosystem. He added that he did not know how to predict what impact potential US regulatory action against Tether would have on the crypto ecosystem.

Garlinghouse published a response and took a step back after #Tether CEO Paolo Ardoino lashed out at him.

#Ripple CEO said that his intention was not to attack Tether. In addition, he reminded that his next words in the podcast were that Tether was very important for the ecosystem.

Garlinghouse said that his statement was intended to remind that the US government demands more control over dollar-based stablecoin companies and that Tether, the largest company in this field, is also in its targets.

$BTC $XRP

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Analyst Predicts Imminent Boom for Dogecoin (DOGE): Is It Time to Invest? *Crypto analyst Crypto Kaleo put forward a positive scenario for Dogecoin (DOGE). *According to its analysis, it may be possible for the leading meme coin to make a parabolic run upwards soon. “It is almost time for Dogecoin to rise significantly,” Kaleo said. This article explores the possible upcoming increase in the value of Dogecoin predicted by leading crypto analysts. In a recent post on X (formerly Twitter), Crypto Kaleo stated that Dogecoin is “overdue for a good rally.” He drew parallels between the upcoming potential rally and GameStop's rise in early 2021, and suggested that Dogecoin could follow a similar trajectory after GME's top. GameStop's short squeeze at the beginning of the year caused a significant increase in the prices of meme coins such as Dogecoin and Shiba Inu. Kaleo's analysis shows that the DOGE/BTC rate is poised to rise, signaling an impending price increase. Investors expecting a rally may need some patience with the market, he said, possibly over the course of a few days or even weeks as market conditions align, similar to conditions before the 2021 rally. World of Charts, another crypto analyst supporting the bullish trend, stated that #Dogecoin is on the verge of a boom. A successful breakout could double its current price to $0.3. Echoing these sentiments, analyst Jaydee noted promising patterns on DOGE's monthly chart, suggesting that a breakout could be imminent and life-changing for some investors. Despite the positive predictions, Dogecoin is currently trading around $0.15 and has experienced a slight decline over the last 24 hours. As Kaleo noted, this decline may be similar to the pattern observed before Dogecoin's big price increase in 2021 and may be necessary before a major rally. $BTC $ETH
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Ethereum Founder Vitalik Buterin Is Impressed by GPT 4. Vitalik Buterin, co-founder of Ethereum, has always been a supporter of new technologies, whether to build a large blockchain network like Ethereum or over time. Not only that, Buterin is not shy about praising his company, along with other companies innovating in the technology sector. In parallel, the founder of Ethereum shared information about #OpenAI's GPT-4, stating that it successfully passed the Turing Test. The Turing Test is a benchmark for artificial intelligence systems, determining how human-like a speech pattern is. Citing recent preprint research from the University of California, San Diego, Buterin wrote that a production model has finally passed the Turing Test. However, the founder of Ethereum praised OpenAI's GPT-4 and said: This is incredible, this system can fool more than half of the people. This technology speaks like humans and can fool anyone. A recent study published by the University of California San Diego found that humans were unable to distinguish between GPT-4 and humans in a Turing test. The research involved 500 human test subjects participating in a blind test in which they interacted with both human and AI models. The goal was to determine whether subjects could accurately identify which interactions involved humans and which involved the AI ​​model. According to research findings, in 56% of cases, people mistakenly identified GPT-4 as human. This shows that in most cases, the #AI ​​model successfully convinces people that it is one of them. This highlights the gradual progress of AI technology towards mimicking human intelligence. Artificial Intelligence (AI) is gaining traction as people see its potential for the future. This has led to many major technology companies such as Google and Microsoft, as well as individuals such as Elon Musk, getting involved in AI.
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Bitcoin Exchange Binance May List These 28 Altcoins Soon! #Binance , the world's largest cryptocurrency exchange, is on the agenda of the cryptocurrency industry with the decisions it makes. While the products listed by Binance are experiencing serious declines, there are sharp increases in the altcoins it lists. Wu Blockchain, a successful crypto newspaper based in China, recently conducted extensive research based on Rootdata and CoinMarketCap data. Wu Blockchain, which identified the products that Binance had previously invested in but did not list, stated that Binance may list the following 28 altcoins in the coming period: “#PBUX , HIP, ZK, CHAMP, PEEL, LFT, SQR, OLE, APX, PSTAKE, OOE, SIS, GMEE, MAVIA, NCG, SSS, BBS, DFD, BUNNY, PUSH, CQT, #MATH , RWA, HOPR, NYM , CERE and MOB” Although some products on this list, such as MAVIA, are listed on Binance's futures market, they have not been added to the spot market. In the coming period, the popular exchange may gradually add these products to its platform. Our readers who are curious about more details about the products Binance invests in can examine the relevant visual:
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Hong Kong launches personal e-CNY wallets for local users Users in Hong Kong will be able to set up personal e-CNY wallets for cross-border payments between the city and Mainland China. Hong Kong is also developing its own central bank digital currency. Users in Hong Kong will be able to set up personal e-CNY wallets for cross-border payments, the Hong Kong Monetary Authority (HKMA) announced on Friday. This development is expected to expand the use of China's central bank digital currency among Hong Kong residents. According to the press release, the HKMA and the People's Bank of China will make it easier for Hong Kong users to set up personal e-CNY wallets simply by using their Hong Kong mobile phone number. The fast payment system (FPS) will facilitate the use of e-CNY wallets in Hong Kong. This system allows users to top up their wallets through 17 retail banks in the city. However, e-CNY wallets primarily prioritize cross-border payments between Hong Kong and the mainland, and person-to-person transfers within Hong Kong are not available. “Users can now top up their e-CNY wallets from anywhere and at any time without having to open a Mainland bank account, making it easier for Hong Kong residents to make business payments on the Mainland,” HKMA Chief Executive Eddie Yue said in the press release. The latest development is part of the HKMA's "three connections, three conveniences" initiative announced in January. This initiative aims to strengthen financial ties between Hong Kong and Mainland China. China is actively working to popularize its pilot CBDC program and is paying monthly salaries to government employees and employees of state-owned companies in e-CNY. However, Hong Kong's South China Morning Post reported earlier this week that most people who receive their monthly salaries in digital yuan are reluctant to use CBDC directly due to privacy concerns and other limitations.
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Money inflows have been occurring into Spot Bitcoin ETFs for four consecutive days. US spot Bitcoin ETFs saw inflows for the fourth day in a row, totaling $257 million yesterday. The 11 spot Bitcoin ETFs in the US reported daily net inflows of $257.34 million on Thursday, recording inflows for the fourth consecutive day. Major Wall Street institutions announced large stakes in US spot Bitcoin ETFs in their latest quarterly 13F reports. Spot Bitcoin exchange-traded funds in the US reported total daily net inflows of $257.34 million on Thursday, the fourth consecutive day of inflows recorded. BlackRock's IBIT fund, the second largest by net asset value, saw the largest inflows into the ETF yesterday, at $94 million, according to SoSoValue data. IBIT has had mostly zero to minimal flows over the past three weeks. Fidelity's FBTC fund reported $67 million in net inflows, while Ark Invest and 21Shares' Bitcoin ETF reported $62 million in net inflows. Grayscale's GBTC fund, which has recorded large net outflows on most days since its conversion in January, recorded a daily net inflow of $4.64 million on Thursday. Valkyrie's #Bitcoin ETF saw inflows of $18.5 million, while Bitwise, Franklin Templeton, Invesco and Galaxy Digital funds saw single-digit inflows. The back-to-back net inflows came during Wall Street's first quarter 13F reporting season. Major financial players have announced their stakes in spot Bitcoin funds, which are larger than expected. “IBIT ended up with 414 reported holders in the first 13F season, which is mind-boggling, shattering the record,” Bloomberg senior #ETF analyst Eric Balchunas wrote in X on Thursday. “For a newborn fund to have even 20 owners is a big deal, it's very rare.” As of the end of March, Morgan Stanley (NYSE:MS) had more than $270 million worth of spot bitcoin ETFs, while Millennium Management announced a whopping $1.94 billion in five bitcoin funds. The Wisconsin Board of Investment also disclosed holdings of $163 million in BlackRock and Grayscale funds. $BTC
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