During his appearance at the Dealbook Summit, Elon Musk shocked the community by predicting the emergence of artificial general intelligence (AGI) within the next three years. Musk expressed his belief that AGI would surpass the intelligence of the smartest human across various domains, such as writing novels, discovering new physics, or inventing technology. While some were excited about the prospect, others expressed skepticism about Musk’s timeline.
Max Keiser Forecasts New Bitcoin All-Time High
As Bitcoin approached the $40,000 mark, Max Keiser, a prominent Bitcoin proponent, predicted a new all-time high for the cryptocurrency. Keiser took to X to share his optimism, stating that a new ATH for Bitcoin is in play, with $220,000 as a potential target. This bullish outlook was supported by Galaxy Digital CEO Mike Novogratz, who suggested that Bitcoin could reach its previous high of $69,000 with the approval of a Bitcoin exchange-traded fund (ETF).
FTX Transfers 77.77 Billion SHIB and Other Cryptos
FTX exchange, reportedly facing bankruptcy, made significant transfers of its remaining assets to convert them into fiat currency for creditor repayment. Among the transferred assets were 77.77 billion SHIB (Shiba Inu) worth $652,000 and 1,643 ETH valued at $3.43 million. The transfer also included various other cryptocurrencies. The total estimated value of all transferred assets was reported to be $22 million. The price of SHIB experienced a small rise at the time of the transfers, and over the past 24 hours, it increased by 5.68%, trading at $0.000008892 at the time of reporting.