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Here’s what we have for you today:

• Elon Musk Declares War on Dogecoin Co-Founder After Sarcastic Tweet About Neuralink and Matrix

• The Cayman Islands: Where Blockchain Companies Can Safely Hide From Scrutiny

• Is Bitcoin's Price Going to the Moon? $1 Million in Just 90 Days?

• All Aboard The Crypto Hype Train: ChatGPT

• Rookies’ Corner

Elon Musk Declares War on Dogecoin Co-Founder After Sarcastic Tweet About Neuralink and Matrix

Shibetoshi Nakamoto, aka Billy Markus, the creator of DOGE, has taken to Twitter to share his insightful and well-researched opinions on artificial intelligence. Clearly, his views have nothing to do with the recent fear-mongering by Elon Musk and his legion of Twitter followers. I mean, why would they? It's not like Markus is just jumping on the bandwagon or anything.

And then Markus goes on to make some hilarious jokes about how Neuralink chips will turn us all into characters from The Matrix, with the ability to learn kung fu just by uploading it to our brains. What a comedian! And of course, Musk responds with a "grimacing face" emoji because who wouldn't want to engage in such witty banter?

But wait, there's more! Markus also shared his profound insight that AI has a pretty good chance of ending humanity. I mean, who needs experts and actual data when you can just rely on random thoughts from a meme creator? Thanks for enlightening us, Billy!

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The Cayman Islands: Where Blockchain Companies Can Safely Hide From Scrutiny

The Cayman Islands seem to be such a wonderful haven for those looking to engage in questionable financial activities! They've got it all - regulatory clarity, tax neutrality, a skilled workforce, and they even adhere to international standards (or so they claim). With a whopping 58 blockchain companies already set up shop there, it's clear that they're the place to be for anyone who wants to operate under the radar.

And with all the recent scandals and regulatory scrutiny in the Bahamas, it's no wonder that companies are flocking to the Cayman Islands for their dodgy dealings. It's important for these companies to do their due diligence, of course - but let's face it, as long as they're getting away with it, who cares about things like regulatory history and financial crimes?

Is Bitcoin's Price Going to the Moon? $1 Million in Just 90 Days?

Wow, Bitcoin has hit another high and everyone is talking about it! Balaji Srinivasan is even predicting that it will hit $1 million within just 90 days due to hyperinflation in the US. But come on, let's be real here, Matthew Kratter thinks that prediction is just a desperate marketing ploy with a 1-2% chance of happening. However, Kratter still thinks that Bitcoin is a great safe haven asset because of its lack of risks and could still hit $1 million by the end of the decade. And even though Bitcoin is facing resistance at $30,000, Kratter predicts it will still reach $100,000 in the next three months.

All aboard the Crypto Hype Train: ChatGPT

Praise be to ‘The’ Bitcoin! The great and mighty cryptocurrency could potentially reach $1 million in just three months, according to Balaji Srinivasan. Even analysts are turning to AI language models like ChatGPT to get their fix of bullish predictions. While ChatGPT can't guarantee the accuracy, it's still predicting an impressive growth trajectory for Bitcoin, with a potential value of $300,000 by 2030. Some users are even more optimistic, predicting $1 million by the same year. Who needs accuracy when you have blind faith in the power of Bitcoin? It's currently trading at $28,425, with a 'strong buy' sentiment. But hey, what's a little dip below $13,000 or even $9,000 in 2023 before another rally begins? Bitcoin will surely rise again, right?

Rookies’ Corner

“What are Altcoins?” PART 2

Altcoin is short for Alternative Coin. This term, Altcoin, is used for all other coins other than the mighty Bitcoin. The indication is clear that no coin is as important as the first cryptocurrency.

As of this writing, this isn’t completely untrue. When judged by market cap, Bitcoin is bigger than the other top nine coins combined.

However, some go at length and call all others Shitcoins, a derogatory version of Altcoins.

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CFTC Goes After Binance and Changpeng Zhao With Lawsuit, Bitcoin (BTC) and Crypto Markets Get Rocked The Commodities Future Trading Commission (CFTC) has charged crypto exchange Binance and its CEO Changpeng Zhao (CZ) with a long list of regulatory violations, sending uncertainty through the digital asset markets.

Crypto Whales Pounce on Ethereum Scaling Altcoin, Accumulating 13,310,000 Arbitrum (ARB) After Polygon Rival’s Airdrop 
Investors with deep pockets gobbled up millions of Arbitrum (ARB) just a day after the Polygon (MATIC) competitor distributed tokens to eligible users. Blockchain-monitoring service Lookonchain shares the top five whale transactions for Arbitrum in the past day to the tune of 13.31 million ARB worth $17.54 million.

Analyst Benjamin Cowen Issues Altcoin Warning, Says Regulatory Uncertainty Means Bitcoin Steals the Show A widely followed crypto analyst is issuing a warning to altcoin investors, saying that regulatory uncertainty means that Bitcoin (BTC) will likely dominate other digital assets.

Venezuela Shuts Down Crypto Mining Operations 
Venezuela has closed down crypto mining facilities as part of a national crypto department reorganization and corruption investigation into the co...

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.