Where Does Bitcoin Go From Here? This Is What the Charts Say

Bitcoin just had its worst day since April. The death cross is in effect, and prediction markets are bearish. Source: Decrypt

Bitcoin just had its worst day since April. The death cross is in effect, and prediction markets are bearish. Source: Decrypt

Uber’s cutback has occurred after the company had reportedly encouraged staff to use AI as much as possible. Source: AI News & Artificial Intelligence

The New York Department of Financial Services and European Banking Authority said they’ll work together to oversee stablecoins. Source: Decrypt

Microsoft on Tuesday took the wraps off Adaptive Spec-driven Scoring for Evaluation and Regression Testing, an open source framework for spinning up AI evaluations. Source: AI News & Artificial Intelligence

The Bitmine chairman said DeFi and AI could push the Ethereum network’s value into the multi-trillion range, making current prices “future optionality at a discount”. Source: CoinDesk

The firm still views bitcoin as undervalued relative to equities, but says investors are rotating into AI stocks as the opportunity cost of missing gains by holding BTC is too high. Source: CoinDesk

Benchmark-StoneX analysts grew bullish towards Strive after the Bitcoin-buying asset manager padded cash reserves while growing its stockpile. Source: Decrypt

The caveat is that one of the world’s most famous living directors is using the tech solely for storyboarding. Source: AI News & Artificial Intelligence

President Trump has officially signed an executive order aimed at regulating artificial intelligence (AI) technologies, a move that follows a delay attributed to concerns over China's advancements in the field. The order outlines measures to promote the responsible development and use of AI while ensuring national security and competitiveness. It emphasizes collaboration between government agencies and private sector stakeholders to establish guidelines and standards for AI applications. This initiative reflects the administration's recognition of AI's potential impact on the economy and security, as well as its commitment to maintaining a technological edge over global rivals.

Microsoft has unveiled Scout, a new personal assistant inspired by the OpenClaw project, which aims to enhance user interaction through advanced AI capabilities. Scout is designed to assist users with various tasks, from managing schedules to providing personalized recommendations, leveraging machine learning to adapt to individual preferences. The launch reflects Microsoft's commitment to integrating cutting-edge technology into everyday life, making digital assistance more intuitive and efficient. As competition in the AI personal assistant market intensifies, Scout positions Microsoft to better meet the evolving needs of consumers seeking smarter, more responsive digital tools.