Bitcoin, the largest cryptocurrency by market capitalization, has experienced a period of stagnation and volatility in recent weeks. The crypto markets finally witnessed a change of pace as investors reacted to concerns over UK inflation and warnings about the US debt ceiling stalemate. The release of the Federal Open Market Committee (FOMC) minutes further exacerbated market uncertainties, leading to a dip in Bitcoin prices. This article explores the ongoing trends surrounding Bitcoin amidst global economic concerns and the search for a catalyst to drive its resurgence. Market Fluctuations and Regulatory Uncertainties Bitcoin has been struggling to find stability, with its value hovering around $26,440, a decline of approximately 3% over the past 24 hours. This price level represents the lowest since May 12, when Bitcoin dropped below $26,000. During this period, cryptocurrency has faced challenges due to low trading volume and volatility, driven by concerns over the US government’s
Named ‘Tako’, the AI chatbot will reportedly converse with users about short videos and help them find one’s more inclined to their liking Short-form video hosting service TikTok is reportedly developing its own AI chatbot named ‘Tako’, which will converse with users about short videos and help them discover more content and suggest videos more inclined towards their liking. Watchful Technologies, a competitive intelligence and data platform company based out of Israel, was the first one to find out news about the TikTok AI chatbot dubbed “Tako”, saying that it is available on some versions of the TikTok app on Apple mobile devices. Screenshots of the AI chatbot feature show it to be a ghost-shaped icon that stays on the screen while a user continues to scroll through videos and once a user needs help finding any particular type of content or a specific video, they can simply initiate a conversation with the AI and ask it to find the content for them. “In select markets, we’re testin