Thursday, September 26, 2024

📰 AI-curated Daily Crypto Digest - September 26

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🤖 FTC cracks down on ‘deceptive’ AI projects, including an AI lawyer

“Operation AI Comply” is part of the US federal agency’s latest round of enforcement actions against companies it claims used AI to harm consumers. Explore further

📰 Zuckerberg shows off new ‘Orion’ smart glasses at Meta Connect

Meta CEO Mark Zuckerberg teased its “most advanced” smart glasses,  a new AR headset and its AI model voiced by Judy Dench. Explore further

📈 Bitcoin Price Struggles Below $64K: Is a Major Dip Coming?

Bitcoin (BTC) price has been forming a potential midterm reversal pattern in the four-hour timeframe after experiencing a significant resistance level of around $64k. The flagship coin slipped around 2 percent in the past 24 hours to trade at about $63,241 on Thursday, September 26, during the early Asian session. Read the full article

💲 Biden admin deliberately killed off Silvergate to ‘decapitate’ crypto: Nic Carter

The now-bankrupt Silvergate Bank was forced to cap its crypto deposits at 15% under threat of being shut down by US regulators, claims to Castle Island Ventures partner Nic Carter. Read the full article

📊 Ethereum Demand Driven By Use In On-Chain Applications, Token Transfers: CoinShares

Ethereum (ETH) demand is largely driven by the token’s use in on-chain applications and token transfers, according to a report by CoinShares. Ethereum’s Use-Cases Have Increased, But Long-Term Value Is Missing In a recently published detailed report, CoinShares’ Matthew Kimmell noted that despite Ethereum’s potential to host popular applications in the future, investors are struggling to see a significant value proposition in its native ETH token. Explore further

🤖 Terror victims claim DOJ withholding their cut of $4.3B Binance penalty

Four people who are victims or family of victims of state terrorism sued the Justice Department claiming it hasn't put the billions from Binance's settlement into a victim fund. Read the full article

📰 XRP Price Upside Fades: Is a Reversal on the Horizon?

XRP price failed to climb above the $0.6050 resistance and declined. The price is now testing the $0.5765 support and might consolidate for some time. Read more

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