Nicandroblacc

@nicandroblacc

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The launch of United States-based spot Ether exchange-traded funds (ETFs), which many expected to occur as early as July 2, has been delayed by the U.S. Securities and Exchange Commission (SEC). According to Bloomberg ETF analysts Eric Balchunas and James Seyffart, the SEC has taken additional time to return the S-1 forms submitted by prospective spot Ether ETH tickers down $3,386 ETF issuers, pushing the launch to mid-July or later. SEC comments delay process The SEC commented on the S-1 forms and requested resubmissions by July 8. According to Balchunas, this new timeline means the launch of the spot Ethereum ETFs could be postponed until mid-to-late July. ETF Store president Nate Geraci noted that the last round of S-1 revisions was relatively minor, predicting that the SEC would clear issuers for trading within 14–21 days. Although the exact timeline remains uncertain, the SEC has indicated a potential launch this summer.

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Bitcoin recorded a 30-day-high of $71,907 and a low of $58,554 in the mentioned timeframe. Moreover, data provided by Martinez shows that Bitcoin’s largest average price return of 46.81% happened in November. Blackrock reveals large Bitcoin ETF stake with 43,000 shares Bitcoin gained a slightly bullish momentum over the past 24 hours, rising by 0.94%. The flagship cryptocurrency is currently trading at $61,450 at the time of writing. BTC’s market cap again surpassed the $1.2 trillion mark with a daily trading volume of $13.1 billion.

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Integrating artificial intelligence into the workplace makes workers feel lonely and can reduce productivity. This is stated in the HBR study. “The isolation caused by artificial intelligence may push employees to invest more in human relationships, seeking the social nourishment they lack,” the report says. According to the authors, if these efforts are unsuccessful, workers turn to alcohol and suffer from insomnia. The study involved 580 employees who had worked at the company for more than three years and had been using AI for at least one and a half years. “In an effort to keep up with competitors and benefit from increased efficiency through AI adoption, many organizations have lost sight of their most important asset—the people whose work is divided into tasks that are increasingly automated,” the researchers write.

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The Kaspa token's price has risen nearly 50% this year, while bitcoin climbed 44%. The broader CoinDesk 20 index is up nearly 16% in the same time period. Marathon started mining Kaspa in September of last year after bringing the first mining computer online. The miner has bought 60 petahash worth of mining machines that can generate profit margins of up to 95%, according to the statement. Marathon has 30 petahash worth of mining rigs operational in its Texas sites; the rest will be online by the third quarter. The company has mined 93 million KAS, which is valued at about $15 million. Bitcoin miners have been looking to diversify their revenue after crypto winter, and recent halving has made the industry more competitive. Many miners have pivoted to using their current infrastructure to allow for artificial intelligence (AI) and other computing needs. Meanwhile, some miners, including Marathon, have opted to monetize other layers of bitcoin to earn extra revenue.

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As Credit Suisse spiraled toward insolvency early last year, a group of Swiss bankers, technocrats and regional officials were already busy laying the groundwork for a new type of financial infrastructure. Nine months after the Swiss bank was rescued by crosstown rival UBS Group AG in March 2023, the Zurich and Basel cantons issued the first so-called tokenized bonds settled in Switzerland’s experimental digital currency. The Lugano city government followed suit shortly after.

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“Everyone who has ever been touched by love becomes a poet.” - Plato

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“Thinking is the language that the soul carries with itself.” - Plato

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