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FameEX Morning Crypto News Recap | December 27, 2023
2023-12-27 12:50:00
Barry Silbert Steps Down as Chairman of Grayscale Investments
Barry Silbert, founder of Digital Currency Group (DCG), has stepped down as chairman of Grayscale Investments. Taking over his role is DCG's current Chief Financial Officer, Mark Shifke. Alongside Shifke, Edward McGee and Matthew Kummell have been appointed as new members of Grayscale's revamped board.
41% of Central Banks Anticipate Launching Functional CBDCs by 2028 According to a study by the Official Monetary and Financial Institutions Forum (OMFIF), 41% of participating central banks predict they will have an operational central bank digital currency (CBDC) by 2028. The survey also indicates a growing positive attitude towards CBDCs, with 30% of respondents showing increased interest in issuing digital currencies over the past year. Bitcoin Hash Rate Reaches New Record High On December 25, Bitcoin's hash rate hit a record 544 exahashes per second (EH/s), as reported by Blockchain.com. This milestone was corroborated by Bitinfocharts, which noted a peak in average hash rate over the weekend. This achievement is significant, as Bitcoin's network hash rate has seen a substantial increase of 130% since January, more than doubling this year. Google Searches for 'AI' Surpass Those for Bitcoin and Crypto in This Year This year, Google Trends data revealed that users showed a greater interest in searching for artificial intelligence (AI) compared to "Bitcoin" or "crypto." The surge in "AI" searches began around November 2022, coinciding with the launch of OpenAI’s ChatGPT. Since then, the gap between AI and crypto-related search terms has continued to grow. Crypto Investment Products Witnessed $103 Million Inflows Last Week During the week ending December 22, cryptocurrency investment products saw inflows amounting to $103 million, a significant reversal from the $16 million outflow recorded in the previous week, as reported by CoinShares. This marks a consistent trend in the cryptocurrency exchange-traded product (ETP) sector, which has experienced inflows in 12 out of the last 13 weeks. Microsoft Launches Independent Copilot AI Application on Android Store Microsoft has quietly released Copilot, a new AI chatbot app for Android, bypassing the usual fanfare of press releases or formal announcements. First identified by a user on Twitter, this addition by the Redmond tech giant significantly expands the variety of AI-powered mobile applications available, providing users with advanced, innovative functionalities directly on their smartphones. Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.
