Princess Kate Reveals Cancer Diagnosis♋️ Goldman Sachs Clients Flock Back to Crypto 🤑

Good morning. It's Monday, Mar. 25, and we're covering, China Phases Out U.S. Microprocessors and Software from Government Computers, Meta to Enable Monetization for Content Creators in Nigeria and Kenya by June 2024, Escalating Conflict: Russia's Airstrike on Ukraine Targets Critical Infrastructure, and much more. First time reading? Sign up to get this newsletter: Sign up here.

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MARKETS

Cryptocurrency Prices by Market Cap

• The global cryptocurrency market cap today is $2.54 Trillion, a 3.48% increase in the last 24 hours.

• The total crypto market volume over the last 24 hours is $74.59B, which makes a 0.65% increase.

• The total volume in Defi is currently $7.18B, 9.68% of the total crypto market 24-hours.

• The volume of all stablecoins is now $65.55B, which is 87.88% of the total market 24-hour volume.

• Bitcoin’s dominance is currently 51.84%, an increase of 0.30% over the day.

Goldman Sachs Clients Flock Back to Crypto Amid Bitcoin Rally

Goldman Sachs reports a resurgence in interest from its hedge fund clients in cryptocurrencies, spurred by recent approvals for spot Bitcoin exchange-traded funds (ETFs) and the meteoric rise in Bitcoin's price. The approval of ten new Bitcoin ETFs in the United States has further fueled this resurgence, solidifying crypto assets' status as a mainstream component of traditional markets. ( Read Deeper )

BUSINESS & FINANCE

China Phases Out U.S. Microprocessors and Software from Government Computers

China has introduced new guidelines aimed at gradually eliminating the use of U.S. microprocessors manufactured by Intel and AMD, as well as Microsoft's Windows operating system and foreign-made database software, from government personal computers and servers. China's Ministry of Industry and Information Technology stated in late December that CPUs, operating systems, and centralized databases were deemed "safe and reliable" for three years, all sourced from Chinese companies.

Why it matters: Chinese domestic technology companies stand to benefit from increased demand for alternative processors, operating systems, and database solutions. ( Read Deeper )

Stability CEO Emad Mostaque Resigns From Generative AI Company

Emad Mostaque, the CEO of Stability AI, has announced his resignation from the company and its board, citing a desire to pursue other ventures within the sector. Mostaque's departure comes amidst reports of corporate dysfunction, and controversies surrounding past claims.

Why it matters: Stability AI has attracted substantial funding, including a round in October 2022. However, rumors of potential sales and investor pressure preceding Mostaque's resignation indicate underlying tensions and concerns about the company's performance and leadership. ( Read Deeper )

TECHNOLOGY & SCIENCE

Meta to Enable Monetization for Content Creators in Nigeria and Kenya by June 2024

Meta Platforms Incorporated, the parent company of Instagram and Facebook, has announced plans to introduce monetization options for content creators in Nigeria and Kenya by June 2024. This initiative aims to empower creators to earn revenue from their content on Instagram and Facebook, bolstering economic opportunities and connectivity across Africa. The announcement follows Meta's recent efforts to expand its presence and investment in the region, including the deployment of subsea internet cables and partnerships with African governments.

Why it matters: Meta's decision to enable monetization for content creators in Nigeria and Kenya reflects its commitment to fostering digital entrepreneurship and economic empowerment in Africa. ( Read Deeper )

Cern Launches SHiP Experiment to Hunt for Elusive "Ghost" Particles

Cern, Europe's leading center for particle research, has greenlit an experiment aimed at detecting elusive "ghost" particles believed to hold the key to unlocking the mysteries of the universe. The project, known as the Search for Hidden Particles (SHiP), SHiP aims to shed light on the hidden sector of particles that may constitute a significant portion of the universe's composition. Led by scientists at Imperial College London and supported by Cern's state-of-the-art facilities.

Takeaway: The existence of "ghost" or "hidden" particles has long intrigued physicists as a potential explanation for the discrepancies observed in the cosmos, such as the movement of galaxies. Unlike traditional experiments like the Large Hadron Collider (LHC), which collide particles together, SHiP adopts a "fixed target" approach, where particles are smashed into a solid material. ( Read Deeper )

AROUND DE WORLD & POLITICS

Escalating Conflict: Russia's Airstrike on Ukraine Targets Critical Infrastructure

The ongoing conflict between Russia and Ukraine reached a new level of intensity on Sunday as Russia launched a major airstrike targeting critical infrastructure in Ukraine's western region of Lviv. The attack resulted in equipment catching fire and a loss of power in the region. One Russian cruise missile briefly entered Polish airspace during the airstrike.

Takeaway: The airstrike comes just two days after an attack on Ukraine's energy system, which resulted in widespread blackouts across the country. The targeting of critical infrastructure suggests that Russia aims to maintain pressure on Ukraine's energy system as part of its military campaign. ( Read Deeper )

Princess Kate Reveals Cancer Diagnosis

Princess Kate, the Duchess of Cambridge, has shared with the public that she is battling cancer and is currently undergoing chemotherapy. In a heartfelt video statement released on Friday, Princess Kate disclosed that she had undergone major abdominal surgery in January, initially believing her condition to be noncancerous. The unexpected news has sent shockwaves through the United Kingdom and beyond, prompting an outpouring of support for the royal family during this challenging time.

Takeaway: Despite the public's curiosity surrounding Princess Kate's condition, the royal family has emphasized the importance of privacy and respect for her personal medical information. Princess Kate has displayed remarkable strength and resilience, focusing on her healing journey while expressing gratitude for the support of her loved ones. ( Read Deeper )

ENTERTAINMENT & SPORTS

Andy Murray Suffers Dramatic Defeat and Ankle Injury at Miami Open

Former world number one Andy Murray endured a heartbreaking exit from the Miami Open after a grueling three-set battle against Tomas Machac, culminating in a 5-7 7-5 7-6 (7-5) defeat. The match was filled with tension and drama, with Murray exhibiting his trademark resilience despite sustaining an ankle injury late in the third set. Despite his efforts, the 36-year-old Scot was unable to overcome Machac's determined performance, succumbing to defeat in a thrilling encounter lasting three hours and 27 minutes. ( Read Deeper )

Canal+ Expands Presence in Africa with Marodi TV Stake, Eyes Full Ownership of MultiChoice

French media conglomerate Canal+ Group has acquired an undisclosed stake in Senegalese production company Marodi TV, furthering its commitment to Francophone Africa's burgeoning creative industries. This partnership aims to strengthen Canal+'s position in the region and facilitate the production of original content, including a channel in Pulaar, targeted at the Fulani community. Additionally, Canal+ is pursuing full ownership of MultiChoice, a leading PayTV provider, as part of its ongoing expansion strategy in Africa. ( Read Deeper )

PODCAST(WHAT WE ARE LISTENING TO)

• Improving an investing operating system with Vitaliy Katsenelson, a well-known investor and author, would likely involve incorporating his insights and methodologies into various aspects of investment analysis and decision-making. ( Listen )

EXTRA BREVITI

• With the beverage industry witnessing a surge in venture capital (VC) investment, startups like Liquid Death are emerging as formidable contenders. ( Read More )

• If former President Donald Trump is unable to secure a $464 million bond, several potential scenarios could unfold. ( Read More )

• The Global AIDS program's survival is indeed significant, indicating ongoing commitment to combating the HIV/AIDS pandemic on a global scale. ( Read More )