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âĄïž BlackRock and Microsoft plan to create an artificial intelligence infrastructure fund. The group aims to raise $30 billion in initial capital and plans to attract up to $100 billion in the future, including through debt financing.
âĄïž Binance confirmed the launch of their Telegram game Moonbix, noting it was leaked in early development.
âĄïž Elon Musk unveiled a new Neuralink implant that will help restore vision for blind individuals.
CryptoQuant CEO: Institutions are no longer aggressively shorting #Bitcoin . #CME futures net positions have declined by 75% over the past 5 months.đ
đŒ After the Fed rate cut, the market responded as expected with an upward move, but it's still too early to say the downtrend is broken. According to the 4-hour chart, the price needs to hold above 65k for us to talk about a full reversal.
đ Former BitMEX CEO Arthur Hayes believes the Fed's rate cut was likely politically motivated and could impact both markets and inflation.
I believe that theyâre trying to get markets to go even higher, to make people feel even wealthier as they go into the ballot box in November, and inflation is going to accelerate after this point. Hayes said.