● Stimulated by the favorable CPI data and the $300 million inflow of ETFs, BTC violently rose by 8%. The general trend has been formed, and it is still in the early stages of the market development!
● ETF inflows will also continue to increase, and Bitcoin will temporarily continue to rise strongly;
● According to Lookonchain monitoring, a whale bought 102 BTC (6.72 million US dollars) again 8 hours ago. Since March 6, it has accumulated 3,385 BTC (232.15 million US dollars), with an average purchase cost of $68,579. At the current price, there is still a loss of $8.08 million.
● According to TechFlow, four senators led by Senate Majority Leader Chuck Schumer proposed a proposal that Congress invest at least $32 billion in the development of artificial intelligence (AI) in the next three years and establish relevant safeguards.
This roadmap is one of the efforts of the US government to regulate and promote the development of artificial intelligence. Prior to this, US lawmakers announced a bipartisan bill to help the Biden administration impose export controls on the country's top AI models.
After meetings with industry experts and AI critics, the bipartisan task force determined the importance of AI investment to maintaining American competitiveness and improving people’s lives. The proposal also calls for strengthening existing laws on AI and promoting standards for AI transparency and explainability.
