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$BTC
is just getting started...tiny marketcap compared with other sectors. Hold tight your
$BTC
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$BTC Bitcoin's current market update shows a price of $103,380.54 with a market capitalization of $2.08 trillion. The cryptocurrency has seen a -1.32% decrease in the last 24 hours, with a current trading range of $102,345 to $106,524.65. *Key Support and Resistance Levels:* - *Support Levels:* $103,200, $102,000, and $102,250 are crucial for maintaining the uptrend. Losing the $102,000 support level could lead to a drop below $100,000. - *Resistance Levels:* $105,000, $107,000, and $108,350 are potential breakout zones. A clean move above $106,000 could push Bitcoin toward the $108,000 to $108,950 range. *Future Potentials:* - *Short-term Prediction:* Bitcoin's price is expected to trade within a range of $100,504 to $103,149 in the coming week. - *Long-term Prediction:* Some analysts predict Bitcoin could reach $146,565.76 or even higher, while others forecast a potential decline to $87,000 or $75,000 if it breaks below $95,000. *Market Sentiment:* - The market sentiment is mixed, with some analysts expecting increased price volatility and others warning of potential declines. - Institutional investment remains robust, with some companies planning significant Bitcoin accumulation.
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#USNationalDebt *US National Debt: A Growing Concern* The US national debt has surpassed $34 trillion, raising concerns about its impact on the economy. Key points to consider: - *Debt-to-GDP Ratio*: The debt-to-GDP ratio is over 120%, indicating a significant burden on the economy. - *Interest Payments*: Annual interest payments on the debt are projected to exceed $1 trillion, diverting funds from essential public services. - *Causes*: The debt has been fueled by tax cuts, government spending, and economic stimulus packages. - *Consequences*: A high national debt can lead to inflation, reduced credit rating, and decreased investor confidence. - *Solutions*: Policymakers are exploring options like fiscal reforms, tax increases, and spending reductions to manage the debt. The US national debt's sustainability is a pressing issue, requiring careful management to avoid long-term economic consequences. A balanced approach to fiscal policy is crucial to ensure economic stability and growth.
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Building on blockchain? AI is good – but you can be better. Microsoft CEO Satya Nadella recently emphasized the importance of computational thinking for tech students, even as AI becomes more and more capable. He encouraged his audience to master this and other fundamentals to stay competitive in an AI-driven world. Computational thinking involves breaking down complex problems into manageable parts, identifying efficient solutions, and creating step-by-step instructions. It’s about thinking logically and algorithmically to tackle challenges, even outside of coding. That kind of critical thinking is valuable in all kinds of areas of life.
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🧠 Scientists are raising concerns about the side effects of AI. A study by researchers at MIT reveals a worrying pattern: frequent use of ChatGPT may lead to reduced brain activity, weaker memory, and a decline in critical thinking skills. AI was meant to be an assistant, helping us save time for what truly matters. But more and more, people are outsourcing not just routine tasks, but also those that challenge and develop the mind. AI should be a tool, not a replacement for thinking. It brings real value only when humans remain actively engaged, not when we simply delegate everything with the click of a button.
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🕯 X is getting ready to roll out in-app investing. According to the Financial Times, users will soon be able to trade and manage their finances without ever leaving their feed. “You’ll be able to bring your entire financial life onto X,” said Linda Yaccarino, CEO of X Corp. The future of finance lies not in juggling multiple apps, but in one seamless ecosystem – where investing, socializing, and managing capital happen all in one place. X is just the beginning.
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