Day: July 10, 2023

Price analysis 7/10: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC

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The weakness in the U.S. Dollar Index bodes well for Bitcoin and altcoins in the near term. Bitcoin has been struggling to rise and sustain above the $31,000 level for the past few days, but Standard Chartered has painted a bullish picture for this year and the next. In a report, the bank said that Bitcoin (BTC) could reach $50,000 this year and stretch the rally to $120,000 by the end of next year. Large investors seem to be taking a bullish stance and are making the most of the stagnant Bitcoin…

Grayscale lawyers refer to SEC allowing Volatility Shares’ investment vehicle in push for ETF

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Digital asset manager Grayscale has filed a letter in its lawsuit against the United States Securities and Exchange Commission (SEC) over the rejection of a spot Bitcoin exchange-traded fund (ETF), citing a possible precedent in furtherance of its case. In a letter dated July 10, Grayscale’s legal team notified the U.S. Court of Appeals for the District of Columbia Circuit of the listing of Volatility Shares Trust’s leveraged Bitcoin (BTC) futures ETF. The crypto investment vehicle started trading on June 27 without interference from the SEC, which to date has…

Bitcoin price will hit $120,000 in 2024, Standard Chartered believes

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Standard Chartered Bank has revised its bitcoin price prediction, forecasting a rise to $120,000 by the end of 2024. The renewed push for a bitcoin exchange-traded fund (ETF) by BlackRock and other institutions could potentially propel the cryptocurrency even higher. BTC to the moon? Standard Chartered Bank has increased its bitcoin (BTC) price prediction, forecasting that the digital asset could reach $120,000 by the end of 2024. This updated forecast comes after the bank initially projected…

Grayscale Bitcoin Trust (GBTC) Discount Narrows to Lowest Since May 2022

While optimism for SEC approval of a spot bitcoin ETF is running high at the moment, continued investor caution could be warranted. “I had a really good laugh when we saw the BlackRock [spot bitcoin ETF] filing come out,” said Opimas CEO and founder Octavio Marenzi, appearing on CoinDesk TV Monday morning. He took note that the BlackRock fund seeks to use Coinbase (COIN) as its crypto custodian even as that exchange is facing a lawsuit from the SEC. Source

Gaming gear maker Razer hacked, user data, encryption keys for sale online: Report

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A post appeared on a hackers’ forum on July 8 offering information allegedly hacked from gaming hardware maker Razer.  “I have stolen the source code, encryption keys, database, backend access logins etc,” the hacker declared. The Straits Times said it saw a sample of users’ email addresses on offer that the hacker claimed was from a list that contained a total of 404,000 entries. The hacker said they “will be selling this one time” and set a price of $100,000 in privacy coin Monero (XRM), although they would consider lower…

Worldcoin’s CEO on Crypto’s Most Daring Project

I think it’s one of the biggest discussion points about the project. On the one hand, some people in crypto just hate it, and are like, “Oh my God, this is so terrible, how can you call it The Orb?” But on the other hand, everyone talks about it, and it somehow sticks, right? Source CEOCryptosDaringProjectWorldcoins CryptoX Portal

U.S. Senator Thomas Tuberville Asks DOJ, SEC to Investigate Crypto Broker Prometheum

Prometheum “may have provided false testimony to Congress or violated U.S. securities laws,” the open letter began. The lawmaker said Prometheum CEO Aaron Kaplan told Congress that it developed its own blockchain platform independently starting in December 2019. However, in SEC filings filed through 2021, Prometheum said it depended on Shanghai Wanxiang Blockchain, Inc., a Chinese firm Tuberville alleged had ties to the Chinese Communist Party. Source

How to use ChatGPT for project management

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It takes careful planning, coordination, and communication to successfully manage a project, which is a challenging and difficult undertaking. Utilizing artificial intelligence (AI)-powered solutions is becoming increasingly important in the modern digital world to boost productivity and improve project workflows.  OpenAI’s sophisticated language model, ChatGPT, might prove to be a helpful ally for project managers looking to streamline their processes. This article will look at using ChatGPT in project management, along with some valuable examples. Project scheduling and planning ChatGPT can help project managers create detailed project schedules and plans.…