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El Salvador’s Bitcoin Surge is Helping the Country to Buy Back More Debt
El Salvador’s Bitcoin Surge is Helping the Country to Buy Back More Debt

El Salvador’s Bitcoin rally fuels a third dollar bond buyback, targeting $2.5B in bonds, while pushing ahead with its ambitious Bitcoin City project.

BeInCrypto·2024/11/12 14:06
Ethereum (ETH) Funding Rate Flashes Red Flag After Price Retraces From $3,400
Ethereum (ETH) Funding Rate Flashes Red Flag After Price Retraces From $3,400

Ethereum’s price spike above $3,400 follows a surge in funding rates, but excessive optimism could signal a price pullback

BeInCrypto·2024/11/12 13:00
Flash
  • 06:02
    BTC falls below 99000 USDT, 24-hour gain narrows to 6.22%
    Bitget market shows that BTC fell below 99000 USDT, currently reported at 98940.8 USDT, and the 24-hour increase narrowed to 6.22%.
  • 06:01
    ETH fell below 2700 USDT in a short period of time, with a 24-hour decline of 8.81%.
    Bitget market shows that ETH fell below 2700 USDT in a short time, and the current report 2697.84 USDT, with a 24H decline of 8.81%.
  • 02:46
    OpenAI launches deep research function, generating analyst-level reports in 5 to 30 minutes
    On February 4th, following the impact of DeepSeek, the release frequency of OpenAI's new product features has significantly increased. Following the release of the official o3-mini model three days ago and the free addition of the "inference" button in ChatGPT, on the morning of February 3rd Beijing time, OpenAI released a new ChatGPT feature called "Deep Research", which aims to generate analyst-level reports after 5 to 30 minutes of networking and deep thinking. Currently, Pro users can use this feature.   OpenAI CEO Sam Altman said that this is a service like "on-demand experts" that can complete tasks that previously took hours or days. However, OpenAI stated that this feature sometimes produces illusions or makes incorrect inferences in the answers, but the probability of errors is significantly lower than other models under existing ChatGPT.
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