An exchange CEO’s judgment is rather harsh: AI is a “net negative” for the crypto industry.
Federico Variola of Phemex believes AI is siphoning off capital that would otherwise flow into crypto while empowering attackers; rising cybersecurity costs could also push the industry toward a more centralized structure—as only large institutions can afford them.
This perspective is worth considering: over the past few years, “AI + Crypto” has been framed as a unified narrative, but at least in terms of capital and talent, the two look more like competitors.
Everyone, click my Gate group link below to

Everyone is jumping on the “AI IS DANGEROUS” bandwagon.
And they’re right. AI is dangerous. I think there is a real chance AI could cause serious harm to humans if it progresses too quickly or without the right safeguards. I also think AI will lead to mass layoffs and major disruption across the workforce.
But that doesn’t mean we should stop AI from progressing.
My entire team uses AI on a daily basis. No one has lost their job. In fact, they’re getting 3-10x more work done in the same amount of time because they use AI properly.
AI has enormous potential to make people dramatically more prod

$NVDA THE PULLBACK IS GETTING INTERESTING 👀
NVIDIA closed around $212.17 after coming under pressure from the recent AI-chip sell-off.
The bigger picture is still focused on the AI infrastructure story, but short-term price action needs to prove that buyers are ready to take control again. NVIDIA CEO Jensen Huang has also said AI-computing demand remains very strong.
Right now, I’m watching how NVDA reacts around the $210 area.
If buyers defend this zone and price starts reclaiming the recent lower-high structure, momentum could begin shifting back toward the upside.
But if $210 fails decisi

#LSK token from 12:54 on 31.07.2023 GMT+7, Hanoi, Vietnam (price-baiting tip)
May you be peaceful.
May you be happy.
May you have abundance.
Shoot hearts, bang…bang
Warning: this is a personal opinion, not financial advice; I am not encouraging any individual or group to invest.
I am not responsible for any of your buying or selling activities in the market. Therefore, please be cautious with your decisions in the market.
You can ask me questions by clicking the link I pinned on my profile.
#giapduclong

You can now trade a memecoin against a tokenized stock. Nobody expected this to come! That sounds like a joke until you see the numbers.🥱
From 26 July to 9 September, those markets did about $2.49B on Robinhood Chain and $2.90B on $BNB Chain.
In one Robinhood Chain sample, 32.1% of stock token DEX volume came from trading against other tokens, mostly memecoins.
Tokenized stocks are becoming quote assets. Turnover can rise without needing more buy and hold demand.
You can read the full # report here:

Good morning.
Life is hard staying in a Mexican resort and watching my stocks and crypto going up.

The desire to go long on Bitcoin at this level is very strong
But as a mature technical trader, should you hedge against risk? $BTC

$SPCX Major bullish news: Starship’s 14th flight has been announced for launch on September 22, Morgan Stanley reiterated its overweight rating on SpaceX and set a $300 price target. It’s only $150 now, offering a full 2x upside, so it’s time to load up and buy the dip to go long on $SPCX.

Crazy market selloff last few days, especially on memes. I do however think a short term bottom may be upon us after the rate decision from the FED.
Looking at the $WELOVECATS chart - this is the first decent dip we've had since its inception a few weeks ago. But still only 50% down from ATH.
Team is spending a lot of $$ on YT marketing and other platform marketing.
Long term vision. Also long term minded holders.
I think this is just gonna keep grinding higher and higher with time.
Narrative
RH chain
Diamonhanded community.
Time.
Thats all thats needed and it checks all the boxes.

Not waiting for tonight’s rate decision.
Previous 3.75%, expected 4% (25 BP rate hike)
Whatever is announced, it will either meet or come in below expectations.
The market has already finished dropping on the bearish news.
If Waller’s subsequent remarks are dovish, the script will be a spike followed by a rebound.
Otherwise, the decline will continue!
bitcoin:native

$BTC
Bitcoin ETFs see massive $450 million outflow in one day
BlackRock and Fidelity lead the exodus
After the bill blew up, is it institutions' turn to dump?
Guys
Yesterday, the CLARITY Act came to a complete halt
and was declared completely dead
Then today's ETF data came out
and I almost choked on my own phlegm
On September 15, Bitcoin spot ETFs saw a net outflow of $450 million in one day
the largest single-day outflow since June
Fidelity pulled out $215 million
BlackRock pulled out $162 million
Holy shit
Yesterday there was still a f***ing net inflow of $159 million
But in less than 24 h

🐋 WHALE WATCH : Washington debates bills. Bitcoin doesnt wait for the vote.
Saylor says The only clarity you need is Bitcoin.

🚨 JUST IN: The UK finalizes new crypto rules, with firms able to begin applying for licenses on Sept. 30. 🇬🇧
The move comes as the U.S. CLARITY Act failed to advance in the Senate, leaving its crypto market structure legislation stalled.

$0.174 was the peak… what’s next?

🐋 WHALE WATCH : BTC and ETH bleeding while SOL quietly sees green ?
Institutions dumped heavy yesterday:
=> $BTC : -$450.33M
=> $ETH : -$141.47M
=> $SOL : +$1.35M
Its a tiny inflow for now but the rotation narrative is starting to write itself. Dont ignore what the smart money is sniffing out.

Gate First Launch: $BONER
🔹 Trading Pair: $BONER/ $USDT🔹 Trading Time: September 16, 20:30 (UTC+8)
🔹 0-Fee Instant Swap Start Time: September 16, 21:30 (UTC+8)
Trade Now: https://www.gate.com/zh/trade/BONER_USDT
Go to Instant Swap: https://www.gate.com/zh/convert/USDT/BONER
Learn More: https://www.gate.com/announcements/article/101783

#XRP - I’M BACK BUYING. 🛒🔥
As of NOW, I’m officially accumulating #XRP again.
The trigger has been pulled. 🎯
ONLY FEW 🧠

Waiting to reap the gains; two lines of defense, most likely it will surge first and then pull back.