Hamilton Financial

Good evening and a Happy New Year to all!

In very bullish news for Bitcoin and the cryptocurrency industry more generally, the SEC today approved 11 long awaited BTC ETF's.

https://www.reuters.com/technology/us-sec-approves-some-spot-bitcoin-etfs-2024-01-10/

This means there are now regulated ways to invest in the largest cryptocurrency by market cap. The announcement should pave the way for others.

We will continue to watch this space closely and we are happy to help anyone looking to invest in cryptocurrencies. Please reach out if you'd like to know more.

US SEC approves bitcoin ETFs in watershed for crypto market The U.S. securities regulator on Wednesday approved the first U.S.-listed exchange traded funds (ETFs) to track bitcoin, its Chair Gary Gensler said, in a watershed for the world's largest cryptocurrency and the broader crypto industry.

Do we have another bank run on our hands?

Regulators Close Another Bank and Move to Protect Deposits The Treasury, Federal Reserve and Federal Deposit Insurance Corporation unveiled a plan to contain fallout from Silicon Valley Bank’s collapse.

https://www.cnbc.com/2023/02/03/some-of-wall-streets-biggest-names-are-exposed-to-the-adani-enterprises-plunge.html

Some of Wall Street's biggest names are exposed to the Adani Enterprises plunge Shares of India's Adani Enterprises have plummeted over the past week after the publication of an extensive critical report from U.S. short-seller Hindenburg Research.

Since ChatGPT opened to the public last November, it has been the talk of the virtual town. Excitement about the possibilities vs. concerns about enabling the machines jostle for centre stage.

Ben at Stratechery takes the time to deep dive, using the simple analogy of homework and how AI will impact it (and teaching more generally) moving forward. Read more here

AI Homework The first obvious casualty of large language models is homework: the real training for everyone, though, and the best way to leverage AI, will be in verifying and editing information.