Plus: Phantom crushes airdrop desires
GM. Welcome to the Every day Squeeze – the place we crush the day’s Web3 fruit right into a candy mash of updates, seeds and all.
🤖 Sam Altman and Vitalik Buterin share their views on the way forward for AI.
🍋 Information drops: Phantom token rumors, NFT vacationer playing cards + extra
🍍 Market taste right now
Is the crypto market enjoying exhausting to get or simply teasing us? 🤷♀️ Bitcoin traded within the $96K – $100K vary over the weekend however could not fairly push previous $100K. In the meantime, the Worry & Greed Index remains to be tenting in Greed, at 76 right now.
Spot BTC ETFs made a comeback: after dropping $242.3M final Thursday, they snapped proper again with $908.1M in inflows the very subsequent day. That means: massive traders nonetheless consider Bitcoin has extra room to climb.
Plus, Japan’s Metaplanet has made it clear that it needs to pump up its Bitcoin holdings from 1,762 BTC to 10,000 BTC this yr. That is additionally an indication that some firms are nonetheless bullish on Bitcoin for the long term.
Markus Thielen, the founding father of 10x Analysis, expects a constructive tone in early January earlier than a small dip occurs across the Shopper Worth Index knowledge on January 15. He thinks a pickup available in the market may arrive as we get nearer to Trump’s inauguration – particularly if inflation numbers look good.
That mentioned, he believes that merchants may turn into cautious once more simply earlier than the Federal Reserve’s assembly on January 29.
Whether or not it is a tease, a take a look at, or simply Bitcoin being Bitcoin, one factor’s for certain: this story is not wrapping up anytime quickly. Keep tuned 😉
🥝 Memecoin harvest
These tokens awakened and selected violence right now 🧨
Title
24H Change
Hyperfy HYPER
▲269K%
gAInzy GNZ
▲32K%
Hiero Terminal HTERM
▲19K%
Waveform WAVE
▲380%
Knowledge as of 07:00 AM EST.
Try these memecoins and lots extra right here.
Ask 10 individuals what they give thought to AI, and you will in all probability get 15 opinions.
A pupil may say it is the perfect factor ever (‘trigger, you realize, think about having to spend greater than 5 minutes on an essay in 2025), somebody like a translator could be nervous about robots taking up their job… you get the gist.
And even tech leaders cannot agree. Working example: Sam Altman, CEO of OpenAI, and Vitalik Buterin, co-founder of Ethereum.
1/ Altman’s imaginative and prescient
Altman’s considering large. He believes that OpenAI is on the verge of making Synthetic Common Intelligence (AGI) – a super-smart AI that may carry out any mental activity people can… after which some.
This yr, he predicts AI brokers will begin becoming a member of the workforce, which might improve firm productiveness dramatically.
And that is just the start. He is additionally already teasing superintelligence, a system that surpasses human intelligence in each approach (mainly AGI on steroids).
In response to Altman, it may change all the pieces – rushing up scientific discoveries and innovation + driving large prosperity.
TL;DR: chasing the final word AI future, no limits.
2/ Buterin’s imaginative and prescient
Silicon Valley tech tradition is commonly related to the e/acc (efficient acceleration) philosophy – a “transfer quick, fear later” strategy to innovation.
Effectively, Buterin’s been discussing one thing he calls d/acc. And the “d” stands for… not that you just pervert – it is protection, decentralization, democracy, and differential.
What’s the principle thought of d/acc? Sure, preserve innovating, however do it in ways in which prioritize security and human empowerment.
How, you might ask? Buterin suggests these methods:
Legal responsibility: holding customers, deployers, and devs accountable for AI-related hurt (however do not go overboard – let the little guys innovate with out fearing lawsuits);
World “gentle pause” button: equipping highly effective AI {hardware} with particular chips that require periodic worldwide approval to function. No approval? All affected {hardware} shuts down. Bonus factors if it entails blockchain for further transparency.
TL;DR: chasing the final word AI future with warning.
So… what’s subsequent? Thrills? Chills? A bit of each? All we all know is that the road between Black Mirror and actuality is blurring sooner than ever – so the dialog’s removed from over.
🍋 Information drops
🙅 Phantom’s placing the rumors to relaxation: there will be no token airdrop coming with its social discovery characteristic.
🏝 South Korea’s Jeju Island is tryna pull the “How do you do, fellow children?” card. Rumor has it they’re dropping NFT vacationer playing cards to draw youthful guests.
🎮 In the meantime, PUBG creator Brendan Greene is cooking up Artemis, a next-gen gameplay-focused metaverse. And NFTs are apparently not invited to this get together.
🔍 John Deaton, a former US prosecutor, supplied to guide a Trump investigation into Operation Chokepoint 2.0 – an alleged effort to dam crypto firms from banks. He says letting it slide would give regulators an excessive amount of energy to suppress industries they do not like.
💸 Mining firm MARA lent out 7,377 BTC final yr. In response to VP Robert Samuels, the lending gig entails short-term offers with reliable third events.
🍌 Juicy memes
