Why is Bitcoin Skyrocketing? The Cryptocurrency Hits 2023 Record High
Bitcoin recently saw a big price increase. The cryptocurrency reached $35,150, making it the highest price in 2023. Experts say this jump is partly because people think a new Bitcoin ETF will soon launch in the U.S. Right now, the price of Bitcoin is $34,702, up 13.38% in just one day, according to data from CoinMarketCap.
Since the start of this year, Bitcoin's value has nearly doubled. However, it's still much lower than its all-time high. That was $69,000 back in 2021. People are hopeful that a U.S.-based Bitcoin ETF could bring a lot of money into the market. NYDIG, a finance company, thinks it could be as much as $150 billion.
Lucas Josa, a market analyst, adds more information. He works for Mynt, which is part of BTG Pactual, a financial services company. Josa says the price went above $32,000 when news came out about a possible ETF from BlackRock. BlackRock is a big deal because it's the world's largest manager of assets like stocks and bonds.
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@disclosetv
THIS IS F*CKING DISTURBING!!!🤯
A leaked Anthropic document just came out in court. Their own words:
"Project Panama is our effort to destructively scan all the books in the world."
Next line: "We don't want it to be known that we are working on this."
They planned to shred every book on the planet, in secret. And they almost got away with it.
It starts with theft. Anthropic stole 7 MILLION books from pirate sites to train Claude, because their CEO said paying authors was too much of a "slog."
Then the lawsuits hit and they needed a legal way to keep going. So they hired the ex-head of Google Books and sent him to publishers to ask for permission. Publishers said no.
That's when they found the loophole.
Buy millions of real, physical books. Cut the spines off with a hydraulic blade, scan the loose pages, and throw what's left in recycling.
One vendor offered to destroy 2 MILLION books in 6 months. That's 11,000 books a day.
Now the insane part.. destroying the books is what made it ...
🛢 U.S. SPR + gasoline, distillate and jet fuel reserves are 47 million bbls below 2023 levels when WTI traded for ~$80/barrel.
WTI is trading currently for ~$75/barrel.
In 2023, the Strait of Hormuz was open and the world wasn't missing ~11 million b/d worth of oil production from Middle Eastern countries.
🔗 HFI Research