Alibaba is working on an AI chatbot called Tongyi Qianwen that could compete with OpenAI's ChatGPT. The chatbot is expected to be integrated with Alibaba's various tech businesses, including DingTalk and Tmall Genie, and will be capable of communicating in both English and Mandarin. The initial vers

Over the past year, regulators in the United States have been scrutinizing the crypto industry more closely, with the SEC leading the effort. The recent collapse of FTX and Silicon Valley Bank has further fueled the SEC's efforts, prompting the agency to post job openings on the government careers w

Expert Predicts US Economy to Experience Recession by Year-End as Fed Tightening Takes Its Tollhttps://www.fameex.com/en-AU/news/crypto-trending-news-2023041103According to MPS Capital Services' strategist, the US economy is expected to enter a recession by the end of the year due to the Federal Res

Luca Mannucci, the Head of Market Strategy at MPS Capital Services, has predicted a recession in the US economy by the end of 2022, with the US dollar set to decline up to 5% against other currencies in the latter half of the year. Mannucci attributes the potential downturn to the Federal Reserve's

The cryptocurrency market is soaring along with Bitcoin, which has increased by 9% over the past week.Source: tr.depositphotos.comBTC has risen beyond $30,000. The market for digital assets as a whole is rising over 7% in the past day thanks to the largest cryptocurrency. The biggest cryptocurrency

Brazilian Bank Introduces Stablecoin Backed by USD to Broaden Customer Investment Choiceshttps://www.fameex.com/en-AU/news/crypto-trending-news-2023041001BTG Pactual, an investment banking firm, has introduced a stablecoin backed by the US dollar to expand its digital currency offerings. The stablec

Three crypto advocacy groups, the Texas Blockchain Council, Chamber of Digital Commerce, and Satoshi Action Fund, have launched a campaign against Texas Senate Bill 1751. The bill proposes to remove incentives for crypto miners operating in the state and add restrictions to crypto mining facilities.

BTG Pactual, a Brazilian investment bank, has become the first financial institution to issue a stablecoin backed by the US dollar. The stablecoin, named BTG Dol, is hosted on Mynt, the bank's proprietary blockchain platform, which it launched in 2022. According to BTG Pactual's Head of Digital Asse

1. Market TrendBetween April 6 and April 9, the BTC price fluctuated between $27,711 and $28,308, with a volatility of 2.15%. According to the 1-hour candle chart, the BTC price has been mostly below the weekly chart, crossing the daily chart multiple times and running weakly with a further narrowin

Investment Manager Predicts Sharp Depreciation of US Dollar Within Next Five Yearshttps://www.fameex.com/en-AU/news/crypto-trending-news-2023041003According to investment manager Larry Lepard, the US dollar is at risk of losing most of its value in the next 5-10 years. He attributes this to the US g