ChatGPT asked the founder of the world’s largest hedge fund for his best investing tip. This was his response

KWhen you‘re Ray Dalio, you don’t ask ChatGPT questions—ChatGPT asks questions. Well, kind of. The billionaire founder of the world‘s largest hedge fund, Bridgewater Associates, fielded a question from OpenAI’s chatbot on his YouTube channel over the weekend—and it was a good one, if a little simplistic.  Higit pa mula sa Fortune: 5 side hustles kung saan maaari kang kumita ng higit sa $20,000 bawat taon—lahat habang nagtatrabaho sa bahay Naghahanap ka ba ng dagdag na pera? Ang CD na ito ay may 5.15% APY ngayon. Bumili ng bahay? Narito kung magkano ang matitipid Ito ay kung gaano karaming pera ang kailangan mong kumita taun-taon para kumportableng makabili ng $600,000 na bahay  “What‘s the most important lesson you’ve learned about investing throughout your career?” ChatGPT wrote, when prompted by a human to ask the famous investor a question.  Dalios response was also rather simplistic—diversification. The billionaire called the strategy that seeks to reduce portfolio risk by investing in a wide range of unrelated assets the “holy grail” for investors.  “A lot of people think that the way you make a lot of money is to come up with the best single, or few, bets. That‘s wrong. That approach to the game will knock you

2023-04-19Industriya

Dow Jones Futures Fall: Netflix Chills; Tesla Eyes 3 Buy Points With Earnings Due

Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures. Netflix headlined key earnings reports Tuesday night, with Tesla looming Wednesday.  The stock market rally continues to trade sideways, with the major indexes closing little changed once again on Tuesday.  Netflix (NFLX) was volatile on mixed results, while Matalinong Surgical (ISRG) jumped toward a buy point. Interactive broker (IBKR) and United Airlines (UAL) also reported. Meanwhile, hard-hit regional banks Western Alliance Bancorp (WAL) at Hawak ng Metropolitan Bank (MCB) surged on better-than-feared earnings.  Chip equipment giant ASML (ASML) reports early Wednesday, with peer Lam Pananaliksik (LRCX) due late Wednesday.  Sa wakas, Tesla (TSLA) reports Wednesday night. Analysts expect a big Tesla earnings decline amid sharp price cuts. Tesla stock is near multiple possible buy points, however.  The video embedded in this article reviews the market action and analyzes mobileye (MBLY), Las Vegas Sands (LVS) at Lockheed Martin (LMT).  Dow Jones Futures Ngayon  Dow Jones futures lost 0.2% vs. fair value. S&P 500 futures slipped 0.15% and Nasdaq 100 futures dipped 0.1%. Netflix stock is a notable S&P 500 and Nasdaq 100 component, along with ISRG and UAL.  Tandaan na ang magdamag na pagkilos sa Dow futures at sa iba pang lugar ay hindi kinakailangang

2023-04-19Industriya

Massive Flight From the US Dollar Irreversible and Set To Accelerate, Warns Russia’s Top Diplomat: Report

Russian foreign minister Sergey Lavrov says a global flight away from the US dollar is now irreversible and set to accelerate.  According to a report by TASS, a Russian-state-funded news organization, Lavrov said at a press conference that many nations are essentially ignoring sanctions and threats from the US and Western Europe, expanding their economies and trade networks on their own accord.  Lavrov says that CIS (Common Wealth of Independent States), or countries formerly part of the Soviet Union, have already grown their trade flows by a sizeable chunk without complying with the US demands.  Lavrov, who was appointed by Russian president Vladimir Putin in 2004, says that CIS countries are already working toward further agreements that will “give an impetus for further expansion of economic interaction,” according to TASS.  He also says that “serious” countries are working towards becoming independent of the Wests financial hegemony.

2023-04-19Industriya

Taylor Swift did due diligence on FTX, says lawyer who finally served Shaq, Tom Brady

Kabuhayan  Taylor Swift did due diligence on FTX, says lawyer who finally served Shaq, Tom Brady  10 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Taylor Swift was one of the only celebrities who did their due diligence on crypto exchange FTX, according to the lawyer suing the now-bankrupt companys celebrity promoters.  Attorney Adam Moskowitz has gone after basketball legend Shaquille ONeal, football star Tom Brady, “Seinfeld” creator Larry David and more than a dozen other FTX promoters in a class action lawsuit that accuses them of promoting the sale of unregistered securities.  Moskowitz is seeking $5 billion in the lawsuit, he said during an episode of The Scoop podcast with Frank Chaparro. He claims the exchange‘s celebrity boosters didn’t do their due diligence to check whether they may be breaking the law before cutting TV and digital ads for FTX.  “The one person I found that did that was Taylor Swift. In our discovery, Taylor Swift actually asked them, ‘Can you can you tell me that these are not unregistered securities?’” Moskowitz said. came close to inking a $100 million sponsorship deal with FTX, but the partnership never materialized.  FTX, Voyager, Binance  Moskowitz is leading several class action lawsuits targeting the promoters of major crypto companies, including the

2023-04-19Industriya

Intel Bitcoin mining chips discontinued despite chip efficiency, $63M revenue boost in 2022

Bitcoin  Ang Intel Bitcoin mining chips ay hindi na ipinagpatuloy sa kabila ng kahusayan ng chip, $63M na pagtaas ng kita noong 2022  23 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Intel announced the end of first-gen Blockscale 1000-series Bitcoin-mining ASICs on April 18, despite the chips contributing both efficiency and a rise in revenue in 2022 — up from 2021.  The announcement — initially reported by Toms Hardware — cited “a tighter focus on its IDM 2.0 operations” as the rationale behind the decision to discontinue the chips.  However, the chip was part of the Accelerated Computing Systems and Graphics Group (AXG) revenue segment — which registered a $63 million increase in 2022 in comparison to 2021.  Intel annual report: AXG Revenue $BEfficient but not cost-efficient  Intel Blockscale 1000-series chips were deployed by at least one public Bitcoin (BTC) mining company through 2022 and shown to be both efficient and profitable.  In December 2022, Canadian Bitcoin mining firm Hive Blockchain mined a total of 213.8 BTC — worth $3.15 million — utilizing Intel Bitcoin-mining ASICs to do so.  However, despite the improvement in efficiency and profitability offered by Intels Blockscale 1000-series chips, Intel operating income costs Year-on-Year (YOY) increased almost 50% to $1.7 billion in 2022, from $1.2

2023-04-19Bitcoin

Ethereum withdrawals surpass $2b as price continues to scream higher

Ethereum  Ang mga withdrawal ng Ethereum ay lumampas sa $2b habang ang presyo ay patuloy na sumisigaw ng mas mataas  4 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  magbahagi  The total number of staked ETH withdrawn from the network since the Shanghai upgrade went live last week has now exceeded 1 million tokens valued at more than $2 billion. The price of ether is now above the $2,100 region.  After several months of planning, the much anticipated Ethereum Shapella upgrade went live on April 12, officially enabling the withdrawal of staked ether tokens locked up in the beacon chain since the merge event last Sept.  According to the latest data, more than one million ETH tokens valued at over $2.1 billion have been withdrawn by stakers since the past week, with roughly 651 units of ETH awaiting withdrawal. At the same time, about 373.39k ETH has been deposited for staking purposes.  Per current ethereum staking data, 17,915,419 ETH is currently staked on the beacon chain by 561,655 validators at an annual percentage ratio (APR) of 4.9%.  Despite initial fears by the ethereum faithful that enabling withdrawals could trigger massive short-term selling pressure, the price of ether has continued to scream higher since the Shanghai upgrade went live.  At the

2023-04-18Ethereum

Analyst Says Top Ethereum Rival Set for Rapid Growth As On-Chain Metrics Signal Health

Ethereum  Sinabi ng Analyst na Top Ethereum Rival Set para sa Mabilis na Paglago Bilang On-Chain Metrics Signal Health  1 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  A popular crypto analyst thinks Ethereum (ETH) challenger Solana (SOL) is gearing up for rapid growth as two on-chain metrics flash bullish signals for the smart contract protocol.  In a new YouTube video, the anonymous host of InvestAnswers tells his 443,000 subscribers that he‘s keeping a close watch on Solana’s daily active users count and the number of new wallets created on the blockchain.  The anonymous analyst reveals that SOLs seven-day moving average of daily active users hit 235,000 over the weekend with the new addresses count soaring to 115,000. According to the crypto strategist, Solana could witness more users coming into its network due to the various activities happening on the blockchain.  Pinagmulan: InvestAnswers/YouTube  The InvestAnswers host also says that Solana‘s growing user count, which he labels as the network’s “lifeblood,” indicates that SOL is gearing up for a surge in price. The analyst reveals that the ratio between Solana‘s daily active users and new addresses stands at 49.36% compared to Ethereum’s 17.23%.  Pinagmulan: InvestAnswers/YouTube  Sa oras ng pagsulat, ang SOL ay nakikipagkalakalan para sa $24.38.

2023-04-18Ethereum

Ethereum Price Under Threat Amid Staker Sell-Off Concerns, Impact On ETH

Ethereum  Ethereum Price Under Threat Amid Staker Sell-Off Concerns, Impact On ETH  53 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Sumali sa aming Telegrama channel upang manatiling napapanahon sa breaking news coverage  Ethereum price (ETH) has been unable to break above the $2,200 resistance level even after the Shanghai/Capella (Shapella) upgrade. According to on-chain metrics, there are concerning signals as stakers remain positioned for sell-action. Holders are now worried about whether ETH could lose its current support level around the $2,000 area.  Following an initial positive reaction to the successful Shapella upgrade, the largest altcoin now faces an uncertain short-term future. Based on data from IntoTheBlock, there is a surge in the volume of large Ethereum transfers in the wake of the Shanghai Capella upgrade.  Ang dami ng malaki #ETH ang mga transaksyon ay patuloy na tumataas sa linggong ito. Mula 708k $ ETH noong ika-9 ng Abril hanggang mahigit 2.2M $ ETH kahapon https://t.co/VN2Nxw1H6C pic.twitter.com/TulGVyn84J  - IntoTheBlock (@intotheblock) Abril 14, 2023  The same has been corroborated by Santiment data, showing that ETH volume increased by over 80% from 6.08 billion to 10.96 billion between April 9 and April 17. Similarly, whale transaction count above $1 million also noted a sizeable increase.  Pinagmulan: Santiment  As ETH 2.0 stakers started looking

2023-04-18Ethereum

ETH’s post-Shapella price outlook: sells outpace buys ahead of Binance withdrawals

Ethereum  Ang post-Shapella price outlook ng ETH: nagbebenta ng outpace buys bago ang pag-withdraw ng Binance  3 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ethereum (ETH) price raced to an 11-month high above $2,142 on Coinbase exchange on Sunday, the major price rally for ETH coming after the cryptocurrencys successful Shapella upgrade. But what is the latest for Ethereum after it rose despite the sell pressure that followed enabling withdrawals for staked Ether?  Kaiko, a leading institutional grade crypto market data provider, has shared insights into what could be next for Ether prices this week.  Binance to enable staked ETH withdrawals  According to Kaiko, Ethereums post-Shapella performance has been in contrast with price movement following the last major upgrade – the Merge.  Like the Merge, Shapella went live successfully and saw the enabling of staked ETH withdrawals for the first time since December 2020. The withdrawal of 1 million staked ETH was expected to push Ether prices down, but instead the market rallied to highs above $2,100 for the first time in nearly a year.  Kaiko analysts commented in Mondays data debrief:  “While Ethereums Merge upgrade last September was more of a ”buy the rumor sell the news“ type of event, Shapella appears to have had the opposite impact

2023-04-18Ethereum

Giant Ethereum (ETH) Whales Move Over $110,000,000 in Crypto As Markets Stall – Here’s What They’re Up To

crypto Ethereum  Ang Giant Ethereum (ETH) Whale ay Lumilipat ng Higit sa $110,000,000 sa Crypto Bilang Markets Stall – Narito Kung Ano ang Nilalamang  10 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  A pair of “giant” whales are conducting big transactions on the Ethereum (ETH) network, on-chain data sleuths report.  According to blockchain tracking firm Lookonchain, two whales each staked 8 figures worth of ETH and Staked Ethereum (stETH) early on Monday.  Lookonchain says the two whales staked their coins through Agility, a liquid staking derivatives (LSDs) and trading platform.  Source: Lookonchain/Twitter  One of the wallets, labeled as CZSamsun, has over $193 million in assets, according to Web3 portfolio tracker Debank. The other wallet has $93 million, according to Debank.  Lookonchain also recently tracked down wallets sending money to crypto exchange Binance to scoop up Ethereum scaling solution Loopring (LRC) and Fantom (FTM), one of the ETHs biggest rivals.  According to the firm, a whale sent Tether (USDT) to Binance and picked up nearly $1 million worth of FTM and over $3 million worth of LRC to add to its big stacks.  Source: Lookonchain/Twitter  At time of writing, Ethereum is trading at $2,079, while FTM is trading for $0.523 and LRC is going for $0.40.

2023-04-18Ethereum
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