Bitcoin $233K forecast, SEC X account hacker arrested, and more: Hodler’s Digest, Oct. 13 – 19
Bitcoin is technically on track to hit $233,000, according to analytics data based on the RSI, FBI arrests SEC X hacker: Hodlers Digest
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BitGo assets hit $16 billion as institutional adoption grows
Digital assets under custody reached a new milestone this month, BitGo says. 1213 Total views 7 Total shares BitGo, whose investors include Galaxy Digital Ventures, Goldman Sachs and Valor Equity Partners, reported Wednesday that digital assets under custody have surpassed $16 billion for the first time, offering further validation that institutional demand has arrived. In an…

Bitcoin ETF inflows rebound to 6-week highs as BTC price reclaims $97K
Bitcoin is in a firmly different mood as the first Wall Street trading week ends, but BTC price action still needs to convince wary traders.

More than $100M worth of NFTs stolen since 2021 — Elliptic
The firm reported that although the market downturn had caused the value of NFTs to “slump,” scammers stole an estimated 4,647 of the tokens in July 2022. 187 Total views 6 Total shares Cryptocurrency risk management firm Elliptic has released a report suggesting that scammers stole more than $100 million worth of nonfungible tokens, or…

China’s Central Bank to Inject $4.7M into Blockchain Trade Platform
The People’s Bank of China (PBoC) has secured $4.7 million in funding from China’s central government for its blockchain trade finance platform. The funding will be administered over three years and has been designated for research and development projects.The blockchain platform was initially revealed by the PBoC in Shenzhen during September 2018. The platform is…

M2 money supply could trigger a ‘parabolic’ Bitcoin rally — Analyst
Swyftx lead analyst Pav Hundal warns against going all-in on a quick correction but remains bullish on the month ahead and beyond.

EU AI rules stifle innovation, Meta and Spotify CEOs warn
Zuckerberg and Ek’s concerns highlight the need for balanced regulation of emerging technologies.

Zurich Uni’s secret AI experiment manipulated Redditors’ opinions
Researchers at the University of Zurich have been accused of undertaking an unauthorized four-month-long experiment on a Reddit board using artificial intelligence-generated comments to test whether AI could alter people’s opinions. As part of the experiment, AI-powered accounts faked a variety of personas, including a rape victim, a person opposed to specific social movements and

A bizarre cult is growing around AI-created memecoin ‘religions’: AI Eye
The Department of Divine Shitposting helps seed a new mind virus around AI-created religions, and academics claim AI is in a bubble.