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Comparing this year’s Bitcoin Bitcoin BTC -0.48% Bitcoin chart to the U.S. dollar’s DXY index makes for a stark contrast. While Bitcoin has soared to new heights, breaching the $120,000 threshold, the DXY has had a rough year — down nearly 10% this year to date — and is predicted to keep falling in the foreseeable future.
The United States Securities and Exchange Commission will take the fight against fraud to foreign-based companies with a new cross-border task force, the agency said in a press release.
Artificial intelligence has captured the public’s imagination like few technologies ever have. However, underneath its potential lie serious concerns about the concentration of power and control. Currently, the most popular AI models are the exclusive property of several big tech firms, which have full control over their design and usage.