Bitcoin Drops Below $97,000
Bitcoin fell below $97,000 during the night. Liquidation volumes topped $625 million within 24 hours. In Kazakhstan, regulators have blocked over 3,500 illegal crypto exchanges, including Coinbase, for violating digital asset laws. On January 7, the Bitcoin spot ETF net inflow reached $52.39 million, while BlackRock's ETF IBIT saw $596 million in inflow, bringing the total net asset value of Bitcoin spot ETFs to $110.115 billion. Additionally, a large transfer of 250,080,000 #CRO ($36.78M) was made from #CryptoCom to an unknown wallet.
#Bitcoin#Crypto#Kazakhstan#ETF#CRO#CryptoCom#WhaleAlert#Finance#MarketUpdate#Liquidation#News#Blockchain#Regulators#Assets#Investment#DigitalAssets#CryptoNews#MarketTrends#CryptoExchange#CryptoRegulation
🚀 AI TRENDS | UK Central Bank to Discuss Impact of Anthropic's AI Model
On April 11, Jin10 reported that the Bank of England plans to discuss the impact of Anthropic's newly launched AI model with financial institutions. According to Jin10, UK regulators are joining their counterparts in the US and other countries in warning about the risks posed by this tool. Anthropic's Mythos model will be included in the agenda for the Bank of England's upcoming 'Cross-Market Operational Resilience Group' and 'CMORG AI Special Task Force' meetings, scheduled to take place within the next two weeks. The Federal Reserve and the Treasury Department have already held emergency meetings on this issue, and the Bank of Canada convened a meeting with banks and financial companies last Friday to discuss the cybersecurity risks associated with Mythos. These meetings reflect growing concerns among regulators that a new type of cyberattack is becoming one of the biggest risks facing the financial industry.
#AI#UKCentralBank#Anthropic#MythosModel#CrossMarketOperationalResilienceGroup#CMORGAI#CybersecurityRisks#FinancialIndustry#Regulators#FinancialInstitutions#EmergencyMeetings
Bitcoin Predictions and Coinbase's Advisory Board
🟠 Jim Cramer endorses Bitcoin as a portfolio essential. 👀 However, Arthur Hayes warns of a potential drop to $70K due to macro risks and a volatile memecoin rally. 📈 Coinbase enhances its global advisory board with Chris Lasavita and William Dudley, aiming to strengthen ties with US regulators.
Read more: Leviathan News and Cointelegraph
#Bitcoin#Crypto#Finance#Investment#Blockchain#Coinbase#AdvisoryBoard#MarketTrends#Memecoins#Treasury#Cramer#Hayes#InvestmentFund#Regulators#Macroeconomics#US#Volatility#Web3#SovereignWealthFund#SaudiArabia#Tech