Bitcoin’s price rattled Sunday as President Joe Biden announced he is quitting the 2024 race for the White House. As the news broke, BTC dropped from $67,453 to $65,884 in an instant before recovering to $66,893 at time of publishing. Bitcoin has rallied in recent weeks after Former President Trump declared his support for the […]
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The official X account for OpenAI’s ChatGPT used the same “I’m sick” post as United States President Joe Biden did before playfully mocking general intelligence.
The X account for OpenAI’s ChatGPT has light-heartedly replicated a post by United States President Joe Biden, which was commonly interpreted as “I’m sick” in relation to his recent positive COVID-19 diagnosis. Biden, however, used the statement with a different twist to mock billionaire investor Elon Musk.
“I’m sick,” ChatGPT wrote in a July 20 post on X, before similarly playing on the words, by elaborating “of general intelligence not being ubiquitous and too cheap to meter.”
It was only two days prior to Biden making a similar “I’m Sick” post before making a claim that Musk is attempting to “buy the election.” The post comes amid Biden facing calls from some in the Democratic Party to step aside in the 2024 election.
Immediately following the assassination attempt on former President Donald Trump, prediction market odds on Polymarket saw Trump’s chances of winning the election rise to 68%. Days after the event, Trump’s odds have continued to rise with the chances of winning the 2024 general election up to 71%. Trump’s Polymarket Odds Reach 71% Days After Attempted […]
Following the assassination attempt on former President Donald Trump, the meme token associated with his name, maga (TRUMP), jumped over 40% against the U.S. dollar. The token experienced a wide intraday trading range, fluctuating between a low of $6.18 per coin and a 24-hour high of $9.68. At 8:30 p.m. EDT on Saturday, several hours […]
Though the resolution overturning an SEC rule on banks handling crypto passed in the House in May, the legislation required at least 288 members to override President Biden’s veto.
The US House of Representatives could not gather enough support to override President Joe Biden’s veto of a resolution affecting a Securities and Exchange Commission (SEC) rule on banks recording cryptocurrency as a liability on their balance sheets.
In a July 11 vote, 228 House members voted to override President Biden’s veto of H.J.Res. 109, overturning SEC Staff Accounting Bulletin (SAB) No. 121 — 60 votes short of the two-thirds majority required. The failed vote suggested that the veto would likely stand, and US banks would be limited from serving as crypto custodians for their customers, barring future legislation.
“It did not have to be this way,” said Representative Patrick McHenry on July 10 before a potential vote. “On digital assets, on the regulation of digital assets, on the functioning of a new asset class that a substantial number of Americans and the world are using [...] The Biden administration has been given every opportunity to work with this Congress on digital asset policy and to come to a reasonable resolution on digital asset policy.”
The cryptocurrency market finds itself in a challenging situation, with a mix of obstacles and potential opportunities that could influence its future positively. This editorial examines the elements that the crypto community might encounter and highlights key points to consider amid the current market volatility. 7 Distinct Things That Could Instantly Change Everything Bitcoin has […]
JPMorgan Chase just issued a warning on the economic impact of the presidential election. In a new interview with Bloomberg, JPMorgan’s Chief Global Strategist David Kelly targets former President Trump’s interest in increasing tariffs on imports to reduce income taxes. If Trump triumphs over Biden and hikes tariffs significantly, Kelly says the former president will have […]
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Donald Trump’s prospects of winning the 2024 election have risen, with the prediction market Polymarket reporting his odds at 66% as of July 2, 2024. Meanwhile, a wager worth $294 million indicates that incumbent President Joe Biden’s chances stand at 18%. Trump Favored Over Biden in 2024 Election According to Prediction Markets The Polygon-powered prediction […]
Current odds on the crypto betting platform Polymarket give President Joe Biden a one in three chance of dropping out of the upcoming US presidential race. Polymarket allows users to bet on the outcomes of almost any event, ranging from pop culture to sports to politics. The Biden bet resolves to “Yes” if he officially […]
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Following the initial 2024 U.S. Presidential Debate, prediction market wagers on whether incumbent Joe Biden will withdraw have seen a significant increase in activity. The likelihood of Biden stepping down and being substituted has risen notably. Betting Markets React to Joe Biden’s Unintelligible Statements and Performance On Thursday, CNN broadcasted the 2024 U.S. Presidential Debate […]