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🚨Michael Saylor announced that the SEC will classify #Ethereum and #Solana as securities. $BTC $ETH $SOL

🚨Michael Saylor announced that the SEC will classify #Ethereum and #Solana as securities.

$BTC $ETH $SOL

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The USA opened an investigation against artificial intelligence giants OpenAI, Nvidia and Microsoft The US Department of Justice and the Federal Trade Commission launched an investigation into technology giants OpenAI, Nvidia and Microsoft, three major players in the artificial intelligence industry. The US Department of Justice (DOJ) and the Federal Trade Commission (#FTC ) agreed to share duties in investigating three major players in the artificial intelligence industry. Under the agreement, regulators will conduct antitrust investigations into the dominant roles that Microsoft, OpenAI and Nvidia play in the artificial intelligence industry. According to reports, the US Department of Justice (DOJ) will investigate whether Nvidia, the largest manufacturer of artificial intelligence chips and with almost 80 percent market share in this field, violated antitrust laws.  The Federal Trade Commission (FTC) will investigate Microsoft, which invested $13 billion in the company with OpenAI, which made a splash with #ChatGPT , Sora, Dall-E and the latest GPT-4o model. The Biden administration continues to curb the power of big technology companies through regulatory agencies. After both institutions made a similar deal 5 years ago, they investigated Google, Apple, Amazon and Meta and sued them all for allegedly violating antitrust laws. Nvidia, #Microsoft and #OpenAI were flying under the radar, but with the emergence of productive artificial intelligence in 2022, the view in this direction has also changed. Regulators have been trying to rein in companies in the artificial intelligence space lately. The FTC had launched an investigation into whether OpenAI harmed consumers through data collection. The FTC has also launched a broad investigation into strategic partnerships between tech giants and AI start-ups, including Microsoft's investment in #OpenAI and Google and Amazon's investments in Anthropic, another small AI company . $BTC $ETH
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Ripple Announces New Stablecoin and RWA Tokenization Strategies at Money 20/20 Europe 2024. In her speech at the Money 20/20 event, Monica Long highlighted the growing interest in tokenizing real-world assets among Ripple's asset custody customers. This increased demand marks a significant shift in the management and trading of assets; #Blockchain technology is used to increase liquidity, transparency and security. This innovation allows traditional assets such as real estate and commodities to be represented on the blockchain, enabling more efficient and secure transactions. Monica Long also detailed that Ripple's entry into the stablecoin market is an important strategic move for the company. In April this year, #Ripple announced that it was developing a USD-pegged stablecoin that would run on both #XRP Ledger and #Ethereum . This stablecoin will be backed by US dollar deposits and other cash equivalents, ensuring transparency and trust with monthly audits by third-party auditors. The introduction of this stablecoin aims to provide a stable digital asset that can be easily integrated into various financial services, improving cross-border payment solutions. Ripple's collaboration with Zoniqx represents another major step forward in the digital asset space. Zoniqx, a leader in digital asset management, will collaborate with Ripple to offer advanced tokenization services on #XRP Ledger. This partnership aims to leverage the capabilities of the XRP Ledger, allowing for more efficient management and trading of real-world assets. These tokenization services will provide access to a wide range of assets and increased liquidity, which could potentially reshape the financial landscape. $BTC $XRP
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IntoTheBlock Announced: This Altcoin Surpassed Ethereum (ETH)! Litecoin (LTC), known as digital silver in the cryptocurrency market, is once again seeing a large increase in daily active addresses. According to the latest on-chain data revealed by IntoTheBlock, total Litecoin active addresses have surpassed Ethereum addresses. Accordingly, on-chain data provider IntoTheBlock said there was a significant increase in Litecoin activity, with active LTC addresses increasing by 75%, reaching the highest level since January. According to this data, Litecoin surpassed #ETH by more than 100,000 active addresses. Similarly, Litecoin transactions, like the number of active addresses, also increased significantly, reaching 426,000 in a single day. IntoTheBlock stated that although most of the transaction increase was due to transactions smaller than $10, there was a notable increase in transactions of all sizes, and said that this increase was an indication of the interest in #Litecoin and its increasing usage. “Litecoin Activity Is Rising! Yesterday, the number of active Litecoin addresses increased by 75%, reaching its highest level since January, surpassing Ethereum by over 100,000. Similarly, the number of #LTC transactions reached 426,000 yesterday. Although most of the increase is due to transactions smaller than $10, there is a noticeable increase in transactions of all sizes.” Analysts stated that these addresses taking profits at $92 may prevent Litecoin from recovering at this level, but if #LTC manages to stay above $92, it may experience a rapid rise towards $100. Analysts also predict that if Litecoin miners maintain their monthly savings, the #LTC price could surpass the important short-term resistance level at $92. $BTC $LTC
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