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ForkLog 15 17.07.2024

EU’s AI Act Faces Criticism and Implementation Timeline

The EU’s AI Act will come into effect on August 1, 2024. Critics argue the document was hastily drafted and will hinder AI development in the EU. Starting in August, the European Union will implement the AI Act. Although the provisions will be integrated gradually, experts have already criticized the legislation as underdeveloped. The EU […]

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ForkLog 9 15.07.2024

Bitcoin’s Ascent Predicted Amid Federal Reserve’s Influence

Experts noted traders shifting focus from Mt.Gox and German government sales to the incident involving US presidential candidate Donald Trump and macroeconomic statistics. On-chain analysts observed bitcoin whales accumulating coins. With the conclusion of sales by German authorities and the Mt.Gox factor largely priced in, bitcoin is poised to reclaim lost ground in the coming […]

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ForkLog 27 12.07.2024

Enhancing Siri: Apple’s Integration of AI into iPhone

On June 10, during the WWDC 2024 presentation in Cupertino, Apple announced the integration of ChatGPT into Siri, iOS, iPadOS, and macOS, alongside the imminent launch of a large-scale initiative called Apple Intelligence, which aims to incorporate artificial intelligence into the company’s devices. TechCrunch explored how Siri will change after the update. ChatGPT Integration on […]

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ForkLog 9 10.07.2024

The Convergence of AI and Cryptocurrency: Miners Transition to Data Centers and Filecoin Partners with SingularityNET

Miners are attractive partners for AI companies and will shift their capacities to the neural network sector, experts at Bernstein concluded. SingularityNET and Filecoin announced a partnership to unite two fields—artificial intelligence and decentralized physical infrastructure. Artificial intelligence and the crypto industry are increasingly interlinked. Miners can offer their capacities to AI companies, and firms […]

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ForkLog 6 10.07.2024

Majority of Speculators Face Profit Losses, Experts Report

Bitcoin’s plunge into its deepest correction since the end of 2022, falling below the 200 DMA, has resulted in unrealized losses for a significant portion of short-term investors, according to Glassnode. Following several months of sideways price action, #Bitcoin has experienced its deepest correction since late 2022, trading below the 200DMA, and putting a significant […]

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ForkLog 7 09.07.2024

Lionel Messi Promotes Eco-Friendly Meme Token

Argentinian football legend Lionel Messi is promoting a Solana-based meme coin called WaterCoin (WATER) through his Instagram stories. Messi is now shilling solana memecoins. Via his Instagram stories. This is wild. pic.twitter.com/qbr6Vk7yum — Alex Krüger (@krugermacro) July 8, 2024 According to the documentation, the project has an environmental focus. “WATER will conduct global marketing and […]

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ForkLog 12 08.07.2024

Artificial Intelligence as a Catalyst for Transhumanism

Ben Goertzel, CEO of the decentralized AI network SingularityNET and chairman of the transhumanist organization Humanity+, discussed with Decrypt how artificial intelligence is bringing humanity closer to a transhumanist future. He noted that while we have a vast amount of data on the human body and various organisms, our minds or standard machine learning cannot […]

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ForkLog 8 08.07.2024

Peter Brandt Predicts Bitcoin Could Fall to $44,000

Peter Brandt identified a bearish “double top” pattern in Bitcoin’s chart, suggesting a potential drop to $44,000 if it materializes. Bitfinex observed signs of a potential end to the market correction. The correction of the leading cryptocurrency might extend to the $44,000 mark, according to technical analyst and Factor LLC head Peter Brandt. Has Bitcoin […]

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ForkLog 6 08.07.2024

AI Job Market: Essential Skills and Criteria for Applicants

Companies are eager to integrate AI into their operations and are on the lookout for candidates with the requisite skills, offering high salaries and other benefits. This was stated by Nancy Xu, co-founder and CEO of the recruitment firm Moonhub, in a conversation with Business Insider. Aswini Thota, Director of data science at the financial […]

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ForkLog 28 05.07.2024

Bernstein Warns of Potential US Power Shortage Due to AI

The United States may face an electricity shortage in two years if the current growth in demand from AI data centers continues. This is according to a report by Business Insider, citing Bernstein Research. Analysts noted that the imbalance between supply and demand in the electricity sector could lead to increased costs for computing power. […]

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ForkLog 9 04.07.2024

Bitcoin’s Potential Drop to $50,000 Raises Concerns

A “double top” reversal pattern is forming on the Bitcoin chart. Miners, ETF buyers, and hodlers are selling, with a reversal possible if stablecoin supply increases. Investors continue to bet on ETH-ETF approval by purchasing call options for September-December. A sharp decline in Bitcoin may not stop at $57,000 and could push the price down […]

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ForkLog 8 04.07.2024

Bitcoin’s Decline Dampens Market Sentiment

As digital gold fell below $57,000, the cryptocurrency fear and greed index dropped to 44 points, confirming bearish market sentiment. #crypto market sentiment has turned into fear! pic.twitter.com/HdRK0j52E8 — Ali (@ali_charts) July 4, 2024 At the time of writing, the leading cryptocurrency is trading at $57,800, having fallen 5.5% over the week. 15-minute BTC/USDT chart […]

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