GPT-4 may be getting an upgrade At least 70 million Americans own cryptocurrencies

Headlines

▌OpenAI CEO’s tweet hinted that GPT-4 may be upgraded

OpenAI CEO Sam Altman posted on the X platform that ChatGPT-4 "got off to a slow start with its New Year's resolutions, but it should stop being so lazy now." The announcement hints at a possible upgrade to GPT-4’s Large Language Model (LLM), especially after a series of recent complaints.   

According to feedback from some users, GPT-4 cannot complete tasks prompted to perform at certain times, and may even experience service interruptions. The OpenAI GPT-4 development team explained that the chatbot has not been updated since November 11, so Altman’s latest tweet may hint that GPT-4 may be upgraded.

▌SkyBridge founder: At least 70 million Americans own cryptocurrency

SkyBridge founder Anthony Scaramucci on the X platform Said that at least 70 million Americans now own cryptocurrencies. If US President Biden loses the election, he has anti-crypto Senator Elizabeth Warren and his handpicked SEC Chairman Gary Gensler to thank. On many levels, blindly anti-crypto Money is an unprecedented mistake.

Quotes

As of press time, according to coinmarketcap The data shows:

The recent transaction price of BTC was US$42,583.4, with an intraday increase or decrease-0.82%;

ETH’s recent transaction price was US$2288.54, with intraday gains and losses -0.58%;

BNB’s recent transaction price was 305.3 US dollars, with an intraday increase or decrease-0.20%;

XRP’s recent transaction price was US$0.5031, with intraday gains and losses-1.53%;

DOGE’s latest transaction price was US$0.07833, intraday Increase or decrease-1.41%;

ADA’s recent transaction price was US$0.4925, and the intraday increase or decrease-2.40% ;

SOL’s recent transaction price was US$95.51, with intraday changes -2. 18%.

Policy

▌First Digital plans to participate in the Hong Kong Monetary Authority’s Stablecoin Sandbox strong>

According to the Hong Kong Economic Journal, the Hong Kong Monetary Authority’s consultation on legislative supervision of stablecoin issuers ends at the end of this month, and many financial institutions are preparing to submit applications and participate in the sandbox. Among them, First Digital Group issued the US dollar stable currency FDUSD in Hong Kong last year. It is now traded on four virtual asset platforms, with daily trading volume once exceeding US$6 billion. Vincent Chok, CEO of First Digital Trust, predicts that applications will be accepted for the regulatory sandbox at the end of the month and application documents will be submitted at that time. At present, the stable currency is mainly used for virtual asset transactions and will be used for payment in the future. If it is licensed, it will study the issuance of stable coins in Hong Kong dollars and other currencies.  

Chok said in an interview that FDUSD is a B2B model and does not sell to retail investors. Its customers are OTC trading companies, market makers, etc.

Blockchain Applications

▌Professor of Harvard Business School : Web3 and NFT will continue to exist

Scott Kominers, professor at Harvard Business School and a16z crypto research partner, said that ownership, utility, identity, community and evolution are in the journey of the NFT project life cycle play a unique role, although there are many technical and social challenges surrounding the ability of these technologies to realize their full potential, such as imperfect infrastructure, regulatory considerations, and issues related to diversity and inclusion. However, Kominers said that Web3 and NFT are here to stay.

▌The Ethereum second-layer network zkSync bridge TVL exceeded 3 million ETH

Data The latest data from Dune Analysis shows that the Ethereum second-layer solution zkSync bridge TVL has exceeded 3 million ETH. At the time of writing this article, it touched 3,007,161 ETH (approximately 6.876 billion U.S. dollars at the current price), and the number of bridge user addresses on the chain reached 2.722 million. . In terms of other L2, the current StakeNet bridge TVL reaches 861,500 ETH, Arbitrum is about 3,363,400 ETH, Optimism is about 701,600 ETH, and Base is about 326,100 ETH.

▌Bitcoin Core Developer: Open Source NerdMinerV2 Project Is a Scam

Bitcoin core developer Luke Dashj said on the X platform that the open source NerdMinerV2 project is a scam, it cannot be mined, and the possibility of finding blocks is zero. It is reported that NerdMinerV2 claims to make Bitcoin mining easy, affordable and collaborative for everyone, regardless of skill level or resources.

▌Cardano founder: Bitcoin L2 does not have enough potential

Cardano (ADA) founder Charles Hoskinson believes that Bitcoin L2 does not have enough potential, especially compared with the Ethereum and Cardano ecosystems. Responding to an update from the Satoshi Roundtable held in Dubai shared by Stacks protocol co-founder Muneeb Ali, Hoskinson firmly believed that Bitcoin cannot support the viability of layer 2 scaling solutions. He went on to explain that the BTC network cannot change to adapt to a dynamic L2 environment. Hoskinson believes that the entire discussion about Bitcoin L2 is just one of the narratives that comes with a typical BTC halving event.

▌Bit.Store launches Gate MiniApp on Gate Pay to enhance crypto card services

Bit.Store announces partnership with Gate Pay establishes strategic partnership. This cooperation launches Gate MiniApp on Gate.io, aiming to integrate Bit.Store’s card services into the Gate Pay ecosystem to provide users with a crypto financial management experience. Gate MiniApp enables Gate.io users to apply for Bit.Store virtual cards directly within the Gate.io platform. This integration not only streamlines the card application process, but also enhances the user experience with features such as quick top-ups and withdrawals with Gate Pay, adding and removing cards, and access to Bit.Store’s full suite of card features.

Cryptocurrency

▌TechCrunch Survey Report: One-quarter of respondents passed Ways to hold Bitcoin other than spot ETFs

A survey report conducted by TechCrunch showed that about a quarter of the respondents said they did not plan to buy Bitcoin through spot ETFs. And already own Bitcoin through other means, including self-custody, Coinbase, KuCoin and other platforms.

▌Analyst: ADA may see a sharp surge after April

Technology and chain analyst Ali in X Platform said that Cardano (ADA) has seen a recent increase in trading volume, indicating that a period of consolidation is underway that could lead to a further bull rally. This observation reflects the trend of market activity in late 2020, meaning that if the same pattern is observed, ADA could see a significant spike after April 2024.

▌Atomics launches infinity, a permanently mineable ARC20 token

Atomics Protocol introduced the first permanently mineable Atomics ARC20 token infinity on the X platform. It is reported that infinity represents the first permanent and infinitely mineable proof-of-work (POW) overlay token on Bitcoin. It automatically increases the difficulty exponentially forever.  

Atomics Protocol stated that infinity is not for speculation or investment. It has no roadmap, no team, no commitment, and no development. It exists only as a demonstration and educational token of the world’s first infinitely permanent mineable coin based on Bitcoin.

▌The transaction volume on the Bitcoin chain exceeded 12,000 in January US$1.21 trillion worth of Bitcoin was transferred on the chain in January 2024, the highest since September 2022

According to data from The Block, US$1.21 trillion worth of Bitcoin was transferred on the chain in January 2024. The highest monthly trading volume since September (when Bitcoin was trading around $20,000), the figure is also more than three times what it was in September 2023.  

The data also shows that except for December, the Bitcoin transaction volume in other months of 2023 failed to exceed US$1 trillion. Following the transaction volume of only US$550 billion in September 2023, January 2024 marked the fourth consecutive month of growth in Bitcoin on-chain transaction volume.

▌Data: Addresses holding more than 1,000 Bitcoins The number has increased to the highest since December 2022

Look Into Bitcoin data shows that the number of addresses holding more than 1,000 Bitcoins has surged from 1,999 to 2,067 in the past two weeks, which is the highest since The number of wallets holding more than 1,000 Bitcoins is the highest since December 2022, when the price of Bitcoin was $17,000.

Important economic developments

▌The probability of the Federal Reserve cutting interest rates in March is 38%

According to CME's "Fed Watch": the probability that the Federal Reserve will keep interest rates unchanged in the range of 5.25%-5.50% in March is 62%, and the probability of cutting interest rates by 25 basis points is 38%. The probability of keeping interest rates unchanged by May is 6.2%, the probability of a cumulative 25 basis point interest rate cut is 59.6%, and the probability of a cumulative 50 basis point interest rate cut is 34.2%.

Golden Encyclopedia

▌How do cryptocurrency hedge funds work and make money?

Cryptocurrency hedge funds pool investor funds, charge various fees, and generate profits by professionally trading and managing a diversified cryptocurrency portfolio to obtain the most Good returns. Generally speaking, hedge funds operate as limited partnerships, professionally managed by fund managers, and raise capital from investors. However, participation in hedge funds, including those involving cryptocurrencies, is typically limited to high-net-worth individuals who can afford higher management fees and associated risks.

Disclaimer: As a blockchain information platform, Golden Finance publishes articles for information reference only and not as actual investment advice. Please establish a correct investment philosophy and be sure to increase your risk awareness.