In brief Bitcoin deposits spiked to nearly 50,000 BTC per day in the last week, CryptoQuant said. The average size of deposits doubled to approximately 2 BTC, pointing to action from institutional and whale investors. Historically, this level of deposits has preceded sharp price volatility. Bitcoin deposits to centralized exchanges—often a precursor for sales—spiked in the last week as BTC fell below $60,000, according to data gathered by blockchain analytics firm CryptoQuant. Deposits of the top crypto asset reached nearly 50,000 BTC a day, hitting that mark for only the fourth time thus far this year. In all other instances, it…

In a recent New York Times op-ed, the senior socialist senator from Vermont argued that artificial intelligence was “built on our collective intelligence”—our “books, songs, artwork, journalism, computer code, scientific research, videos, conversations, images and ideas spanning generations.” The most important question, he said, is not whether AI will change the world but “who will own and control that future.” He proposed a one-time 50 percent tax on the largest AI companies, to be paid in shares held by a government-run sovereign wealth fund. The federal government would get voting shares, board representation, and the power to “block decisions” it decides are…

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