00:00:00: Finally, peace in Iran.

00:00:02: Good for Bitcoin?

00:00:03: Why Anthropics' ban might actually be good for AI tokens?

00:00:09: and what is up with the crypto industry this week?

00:00:29: This video isn't a financial advice!

00:00:33: In this week's episode, we'll focus mainly on Bitcoin.

00:00:36: But will also talk about the AI coins and the effect of the anthropic fable ban.

00:00:42: We'll talk about this end to affect on near on a bit tensor And off course on artificial super intelligence Alliance as well.

00:00:51: but first let start with the major news story The new story that we will have a peace deal in Iran.

00:01:02: Donald Trump tweeted that there was a deal on the table, that Iran has signed and Iran is tweeted.

00:01:08: That actually the U S will pay three hundred million US dollars in reparations now.

00:01:14: Trump is saying nope no three-hundred million us dollars?

00:01:18: That is a rumor started by the Democrats.

00:01:21: whether that is true or not we'll see in the coming days.

00:01:24: also apparently they have said No to nuclear weapon but weather this is true are not will be seen.

00:01:31: The interesting part, of course is the ETF effect which still a bit unsure.

00:01:36: on the Bitcoin side we're seeing capital outflows over around sixty four million US dollars.

00:01:41: Ethereum ETFs are booking additional inflows or run twenty two point five million us dollars and even the XRP ETFs our booking at around two point eight million U.S.

00:01:52: dollars per day.

00:01:54: So that essentially means the market is still a bit undecided.

00:01:57: when it comes to USD is the current price, so a reduction of around ten point five percent.

00:02:16: Even the gold prize has increased just slightly for zero point two percent to four thousand three hundred seventeen US dollars now.

00:02:26: what Not a lot to be honest.

00:02:28: However, we have kind of seen this downshift from around eighty two thousand US dollars towards round sixty K just at the beginning of June.

00:02:38: since then with slowly grind it back up off course With the news that my peace deal might actually happen.

00:02:45: So currently were exactly At the middle of the range.

00:02:48: so once again you will Be able to trade this range and I would wait for a breakout at around seventy three thousand us dollars traded towards AD to once again.

00:02:59: Now, if this fails of course you can go down towards around a sixty K and that could be another kind of range trade then you could take.

00:03:08: now interestingly Another new story has happened as I have had an effect on the crypto market.

00:03:14: entropic has released fable five which is their newest model after opus four point.

00:03:21: Now, they have released it but after seventy-two hours has removed once again stating that there might be cyber security risks and the US government has ordered them to actually remove.

00:03:33: Of course There is a huge story behind this And some people are saying This just generate hype for the entropic IPO and others are saying there's clearly risk in fable five.

00:03:44: There definitely difference of people who used fable But I wouldn't say or at least, I don't know whether the cybersecurity risk actually would require a ban.

00:03:57: However... the effect on decentralized AI could be quite interesting.

00:04:02: And that is exactly what Greyscale is saying, of course, Greyscale has their BitTensor a Tao ETF in the market so obviously this could be an affect.

00:04:12: and they are saying we expect demand for decentralized AI like BitTensor and its Tao token to continue to rise as investors seek alternatives because Disappointed by Anthropic, because Anthropic has essentially banned their access.

00:04:31: Although a lot of people are paying a lot money to get access to the newest models they have no access to fable five as off today.

00:04:39: now this might change.

00:04:40: Of course It's very possible that fable five might come back into the market or maybe kind of a guarded variation.

00:04:48: Of it, we will see off that but in the meantime We'll have a look at the bit tensor price which to be honest hasn't performed as well considering The current news now, of course That kind of generational low that we've had here in the one hundred seventies has been broken with shortly reached So interesting entry prize.

00:05:08: year two reach kind of the next range once again And then we're even higher at around close to three hundred US dollars, although right now it's sitting at about two seventy and I would actually trade this breakout of around two hundred ninety seven us dollars.

00:05:23: That would be kind of a clear sign off BitTensor going out towards four hundred once again.

00:05:29: so the trade from three hundred to four hundred would be fairly easy especially if entropic continues with the ban.

00:05:35: that will become your play in terms.

00:05:40: You have another alternative, you can also look at near or FET.

00:05:44: For example here as well.

00:05:46: these are kind of the AI tokens if you will.

00:05:49: they would probably all profit from this ban from Anthropic but it's very possible that they'll correct down aswell once off course.

00:05:57: The Ban is lifted.

00:05:59: So That was It!

00:06:00: From the Crypto Talk This week.

00:06:01: make sure to subscribe not miss any other news.

00:06:03: I Will see on next one.

00:06:04: Have a good One!

00:06:09: CFDs and digital assets are volatile, not suitable for everyone.

00:06:12: SwissQuote assumes no responsibility for accuracy or losses from its use.

00:06:16: Products & services were offered only where legally

00:06:18: permitted.".