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Fetch.ai Sees 11% Surge, Experts Eye AI Meme Token for Massive Gains 🚀📊 Fetch.ai (FET) has experienced an 11% increase over the past 24 hours, trading at $2.46. The rise comes as the cryptocurrency breaks through major resistance levels, potentially setting up for further gains. However, experts are now directing attention towards a new AI-driven meme coin, WienerAI, predicting it could yield substantial returns due to its innovative use of AI in the crypto trading space. #FetchAI #Crypto #Investing #Blockchain #AI #MemeCoin

Fetch.ai Sees 11% Surge, Experts Eye AI Meme Token for Massive Gains 🚀📊

Fetch.ai (FET) has experienced an 11% increase over the past 24 hours, trading at $2.46. The rise comes as the cryptocurrency breaks through major resistance levels, potentially setting up for further gains. However, experts are now directing attention towards a new AI-driven meme coin, WienerAI, predicting it could yield substantial returns due to its innovative use of AI in the crypto trading space.

#FetchAI #Crypto #Investing #Blockchain #AI #MemeCoin

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BlackRock's iShares Bitcoin Trust (IBIT) recorded $102.5 million in net inflows, surpassing Grayscale Bitcoin Trust (GBTC) to become the largest Bitcoin fund globally. IBIT now holds $19.68 billion worth of Bitcoin, edging out GBTC's $19.65 billion. This shift is largely due to GBTC's higher management fees, prompting investors to prefer the more cost-effective IBIT. BlackRock's Strategic Income Opportunities Fund and Strategic Global Bond Fund have also invested significantly in IBIT. #Bitcoin #BlackRock #CryptoFunds #GBTC #Investing
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Financial analyst Peter Schiff, known for his criticism of Bitcoin, made a satirical prediction on social media suggesting that if all U.S. companies liquidated assets and invested in Bitcoin, its value would soar to millions per coin, making everyone rich but leaving no goods or services. Despite his critique, Bitcoin remains around $68,000, slightly below its all-time high of $74,000. Schiff continues to argue that Bitcoin is a bubble lacking intrinsic value. #PeterSchiff #Bitcoin #CryptoCritique #MarketTrends
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Polygon Labs has announced plans to enhance AggLayer’s security by introducing pessimistic proof using SP1 technology and Plonky3. SP1 is a general-purpose zkVM supporting standard Rust, while Plonky3 ensures performance and robustness. This integration will facilitate easier connections between other chains and AggLayer. The pessimistic proof code is open-sourced under the MIT/Apache license, allowing broad access for developers. #PolygonLabs #BlockchainSecurity #SP1 #Plonky3 #AggLayer
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BlackRock's iShares Bitcoin Trust (IBIT) has surpassed Grayscale Bitcoin Trust (GBTC) to become the largest BTC fund globally. On May 28, IBIT's net inflows reached $102.5 million, while GBTC experienced outflows of $105 million. This shift is attributed to Grayscale's higher fees, prompting investors to opt for BlackRock's lower-cost alternative. IBIT now holds 288,670 BTC compared to GBTC's 287,450 BTC. Additionally, BlackRock's Strategic Income Opportunities Fund and Strategic Global Bond Fund have invested millions in IBIT shares. #Bitcoin #BlackRock #Grayscale #CryptoFunds
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Elon Musk's xAI has completed a $6 billion Series B funding round, elevating its valuation to $24 billion. Despite OpenAI’s larger $80 billion valuation and eight-year head start, Musk believes xAI can close the gap by the end of 2024. The AI race heats up with major investments from venture giants like Andreessen Horowitz, Sequoia Capital, and Fidelity. Musk emphasizes the potential of integrating blockchain technology to ensure accountability and security in AI development. #ElonMusk #xAI #OpenAI #Blockchain #AItechnology
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