AI Misinformation, Bitcoin's Impending Move, and OTC Desks' Impact

OMG NEWS OF THE DAY

Texas Firm Faces Criminal Probe for Misleading US Voters with Joe Biden AI

A Texas-based firm, Life Corporation, and an individual named Walter Monk are under criminal investigation for using AI-generated robocalls that mimicked President Joe Biden’s voice to mislead voters. These automated messages, targeting New Hampshire citizens, were flagged as misinformation and deemed an attempt to meddle in the 2024 presidential election. The New Hampshire Department of Justice, in collaboration with state and federal partners, has issued cease-and-desist orders to the perpetrators, urging voters to disregard the fraudulent calls.

We're proud to join in this effort to protect consumers from AI-generated robocalls with a cease-and-desist letter sent to the Texas-based company in question. https://t.co/qFtpf7eR2X https://t.co/ki2hVhH9Fv

— The FCC (@FCC) February 7, 2024

Bitcoin Braces for Volatility as ‘Squeeze Zone’ Looms

Bitcoin’s price volatility is on the verge of a significant shift, according to recent analysis. The Bollinger Bands volatility indicator suggests that BTC’s price, which has remained relatively stagnant for over 150 days, is poised for a substantial move. This rare signal, historically signaling a surge in volatility, has traders anticipating a significant shift in the market within the next ten days.

$BTC MEGA VOL SQUEEZE

We probably have 10 days MAX before a huge move on $BTC.

Now's the time to get your plan ready for either direction, don't want to be stuck in a frozen panic with no plan if things launch upwards or nuke lower. Its coming very soon. pic.twitter.com/3WHiIpx8Mi

— HornHairs 🌊 (@CryptoHornHairs) February 6, 2024

Regulated OTC Desks Could Drive Crypto Adoption

Over-the-counter (OTC) exchanges, particularly in regions like the Philippines and the United Arab Emirates (UAE), are playing a crucial role in mainstream crypto adoption. In the Philippines, physical OTC trading desks are making crypto more accessible to individuals less familiar with digital assets. These platforms offer simplicity and convenience, allowing newcomers to easily transition between fiat and cryptocurrencies.

Working with PSulit Money Changer, one of the most trusted money exchange companies in the Philippines, demonstrates our dedication to providing greater accessibility and convenience to our consumers while embracing the developing world of digital assets and financial technologies.

Jay Villarante, Chairman, Moneybees

TWEETS OF THE DAY

gm, it's time to chew glass! 🍷

In this episode, @Carlos_0x, cofounder @juicerfi, joins @therealchaseeb to tell his story of getting into web3, the power of @SuperteamDE Berlin Build Stations, building @getTriggr, and much more.

🔗Watch or listen: https://t.co/6EWoqYkYhq pic.twitter.com/bAYWDgpth2

— Solana (@solana) February 7, 2024

The way headcount gets allocated in most organizations you have “three headcount” for your group, which you can spend as you want subject to approval. So ppl naturally hire maximally senior under conditions of scarcity. https://t.co/xvTLgPnlc2

— Emmett Shear (@eshear) February 7, 2024

oh man, so many big airdrops we are getting blessed with recently

wagmi https://t.co/EEOilheAB3

— Loopify 🧙‍♂️ (@Loopifyyy) February 7, 2024

If I had a dollar for every time the media reported that one of my companies was going to die, I would never need to raise money!

— Elon Musk (@elonmusk) February 7, 2024

The AI art that Sougwen Chung makes is very different from the images spit out by popular image-generation toolshttps://t.co/weDAL0qRlN

— TIME (@TIME) February 7, 2024

Excited for all that people will achieve with this next generation of AI, as we bring the power of Copilot to anyone, anywhere, on any device. https://t.co/FU9bDmw5gN

— Satya Nadella (@satyanadella) February 7, 2024

Disclaimer: All materials on this site are for informational purposes only. None of the material should be interpreted as investment advice. Please note that despite the nature of much of the material created and hosted on this website, HODL FM is not a financial reference resource and the opinions of authors and other contributors are their own and should not be taken as financial advice. If you require advice of this sort, HODL FM strongly recommends contacting a qualified industry professional.