carcarlote

@ssibal

96 Following

80 Followers

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Donald Trump ‘Official’ Memecoin Makes Millionaires, Raffles $3B Volumes in Hours Prices ran from few cents to $14 in less than six hours amid widespread confusion on whether the token was actually backed by Trump or was a possible hack of Trump’s verified social account

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Crypto Ball to Celebrate Trump's Return Marks Hope for New Era of Policymaking Crypto leaders attended a pre-inaugural bash in Washington, cheering Trump's return to the White House and hoping it will benefit digital assets.

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Bitcoin Kimchi Premium Spikes as South Korea's Political Turmoil Escalates The South Korean won hit the lowest level against the dollar since March 2009.

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There is a perfect storm brewing: Data demand for AI applications is skyrocketing, decentralized gig work in the form of DePIN and microtasking has grown in popularity and centralized methods for supporting AI are becoming untenable. Sapien is gamifying AI training and ushering in a “Gig Economy 2.0” that makes for more accessible and equitable access to the next generation of gig work.

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A profit opportunity led to nearly $100 million in trading volumes for a charity-themed memecoin. While some speculators lost money, the effort bore fruit for the original cause.

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Despite the notion that AI will replace most jobs in the future, the shift from human to automated work may push the gig economy into overdrive in the next few years. Companies are already investing a significant portion of their budgets in AI training, spending up to 80% of both time and financial resources on data labeling alone. The data labeling marketing itself is expected to reach over $17 billion by 2030 – a drastic increase from $378 million reported back in 2020.

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138 $degen so good

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nikolaii.eth 🚀

I just collected this Toka by @nikolaii.eth!

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Rumble will use $250 million of the money to support operations and the remainder to fund a tender offer for up to 70 million shares of its common stock at a price of $7.50, according to a Friday evening press release. That $7.50 is the same price per share Tether is paying for its stake.

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Fed Chair Jerome Powell said that the projected slower path of further rate cuts reflects hotter inflation readings in previous months and higher inflation expectations. Bitcoin slipped to $101,000, down nearly 5%, while altcoin majors XRP, Cardano's ADA, Litecoin's LTC were around 10% lower over the past 24 hours.

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The Federal Reserve has cut its benchmark fed funds rate by 25 basis points to the 4.25%-4.50% range. The "dot-plot" projects the Fed lowering rates to 3.9% next year, signaling fewer cuts than in its September projection. The Fed's PCE inflation expectation for 2025 also rose to 2.5%.

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