Chinese Researchers Discover That Moon Rocks Indicate the Possibility of Water on the Moon

The other side of the moon – the part that is always far from the earth – is strangely different from close. It is pockmarked with more craters, with a thicker crust and less Maria, where lava was once formed, or with fewer plains.

Now, scientists say the difference can be more than the depth of the skin.

Using samples from the moon obtained last year, Chinese researchers believe the inside of the moon is potentially drier than its near it. Their discovery, Published Wednesday’s Nature Journal will provide a clearer picture of how pearly orbs we admire in the night sky have formed and evolved over billions of years.

The difference in moisture in the distant side of the moon and its nearby appears to be “accidentally consistent” with variations in the surface features of the two hemispheres of the moon, said Senfu, a researcher at the Chinese Academy of Sciences in Beijing and author of the new results. “It’s very interesting,” he said.

Until the 1990s, when scientists began to discover tips on water on its surface, the moon was believed to be “dry bones.” These tips were confirmed in 2009 when NASA denounced the rocket stage to the moon’s Antarctic.

One of the goals, including this mission, was to estimate the amount of water that lies deep within the moon. The interior of the moon is not changed much by the process of weathering the surface.

Returning to Earth with a Chang’e-6 sample in hand, researchers looked for hardened particles of lava erupted from the female entrance or within the lunar mantle. Some of these basalts were 2.8 billion years old, and contained olivine, a crystal that had ancient magma cooled in the moon and stored information about the composition of the mantle early in the history of the moon.

The amount of hydrogen trapped in olivine allowed scientists to estimate the amount of water present in the mantle at the time. 1-1.5 grams of water for every million grams of the moon rock.

Previous measurements from samples collected near the moon – the US, the Soviet Union, and most recently 200 times wet.

The harsh difference between the range of nearby lunar ranges between nearby and far side samples could suggest that the parts of the moon that we don’t see on Earth are generally much drier, Dr. Hu said.

Shuai Li, a planetary geologist at the University of Hawaii, Manoa, who studies water on the moon, described the results as “very interesting.” However, he pointed out that limited information can be extracted from a single sample.

“It’s hard to say if the far side is definitely dryer than the nearest side,” said Dr. Lee, who was not involved in the job.

One scenario the Chang’e-6 team proposed to explain the internal differences is that the impact of creating the Antarctic-Aitken basin is strong enough to throw water and other elements near the moon, depleting the amount of water beyond.

Another idea is that the basalt in the Chang’e-6 sample comes from a much deeper, dry part of the lunar mantle.

“For me, that’s a little more realistic,” said Mahesh Anand, a planetary scientist at the UK Open University. Estimate the moisture content inside the moon From near-side samples from China collected by the Chang’e-5 mission in 2020.

Dr. Anand also praised the researchers’ careful selection of hundreds of particles from Chang’e-6 samples, less than 16 inches in size, to estimate water abundance.

“The ability to do that is extremely laborious and requires a lot of sophisticated and careful work,” he said.

More samples from various locations collected by future moon missions will help scientists determine whether the inner interior of the width is uniformly dry, and whether it changes throughout the hemisphere.

Source: www.nytimes.com

Meta is exploring the possibility of charging UK users for an ad-free version, confirms statement

The owners of Facebook and Instagram are contemplating the possibility of charging UK users for an ad-free version of the platform following an agreement on a landmark privacy case payment.

Meta, led by Mark Zuckerberg, has agreed to stop targeting users with personalized advertising after reaching a legal settlement in the London High Court, thus avoiding a trial.

In 2022, human rights activist Tanya O’Carroll filed a lawsuit against the trillion-dollar company, alleging that Facebook violated UK data laws by disregarding her right to opt out of data collection for targeted advertising purposes.

O’Carroll expressed satisfaction after both parties resolved the lawsuit, with Meta committing to ending the practice of targeting her with tailored ads based on her personal data. The Information Commissioner’s Office (ICO), a UK data watchdog, supported O’Carroll’s position, emphasizing people’s right to object to the use of their personal information for direct marketing.

O’Carroll believes that the ICO’s stance, as disclosed in its filing in the high court, could set a precedent for similar legal actions.

“This settlement is not just a win for me, but for all those who value their fundamental right to privacy,” O’Carroll stated. “None of us consented to being bombarded with years of surveillance ads.”

Meta has stated its firm opposition to O’Carroll’s claims and emphasized its compliance with the UK’s privacy law GDPR. The company is considering introducing subscription services in the UK, where users would pay to access ad-free services. Advertising currently contributes to about 98% of Meta’s revenue.

“We are exploring the possibility of offering subscriptions to users in the UK and will provide more details soon,” Meta announced.

Last year, the ICO indicated that it was assessing how UK data protection laws apply to ad-free subscription services.

In the EU, Meta already offers ad-free services for 7.99 euros per month following a ruling by the European Court of Justice.

Source: www.theguardian.com

Elon Musk’s Potential Ownership of OpenAI Could Have Negative Consequences, Despite Possibility of it Occurring

eLon Musk and Sam Altman are not exactly best friends. Altman’s pursuit of a for-profit approach for Openai, a company founded in 2015, seems to have irked Musk. Altman’s focus on making money rather than advancing humanity’s interests clashed with Musk’s vision for Openai.

As a result, Musk, who previously attempted to acquire Twitter, has now acquired ownership of an entity called X, which is linked to Openai’s growth.

Musk, characterized by the US government as lean, efficient, and globally influential, made a substantial bid of nearly $100 million for Openai’s nonprofit sector. Musk emphasized the need for Openai to return to its original open-source and safety-focused model. However, this bid was rejected by Altman, who jokingly mentioned that he would buy Twitter for $97.4 billion if necessary.

Musk’s bid was not about enriching investors or inflating corporate valuations, but about steering AI development towards societal benefits. Although the bid to reclaim control of Openai’s nonprofit was significant, the outcome remains uncertain.

The ongoing feud between Musk and Altman may escalate further, especially considering the history of their disagreements. Musk’s bid to take over Openai’s nonprofit could be seen as an attempt to thwart Altman’s for-profit ambitions for the company.

Elon Musk and Donald Trump, Washington, January 19, 2025. Photo: Brian Snyder/Reuters

Musk’s bid for Openai’s nonprofit could have multiple interpretations, ranging from a strategic move to a mere publicity stunt. Given Musk’s penchant for unconventional actions, the true motives behind his bid remain uncertain.

There are various theories regarding the significance of the bid, including references to literature and playful numbers. However, the bid’s seriousness cannot be discounted, especially in light of potential political implications.

The bid may also reflect Musk’s attempt to disrupt the status quo and reshape the future trajectory of AI development. The possibility of Musk and Openai merging in the future cannot be ruled out entirely, given the unpredictable nature of the current situation.

Source: www.theguardian.com

Existential Cosmology: Embracing the Possibility of the Universe’s Disappearance

Billions, perhaps trillions of years from now, long after the sun has swallowed the Earth, cosmologists predict the universe will end. Some people wrestle with whether they are likely to collapse under the weight of the Big Crunch or become an infinitely empty Big Freeze that will continue to expand forever. Some believe that the end of our universe will be determined by a mysterious energy that rips the universe apart.

But there is a more immediate cataclysm that may already be heading towards us at the speed of light. They call it “big sip.”

The slurp in question begins with a quantum fluctuation, causing the bubble to roll through space like a cosmic tsunami, obliterating everything in its path. We should take this possibility seriously, says John Ellis of King's College London. In fact, the question is not so much if this apocalypse will happen, but when. “It could be happening as we speak,” he says.

Theorists like Ellis are actually surprised that such a catastrophe has not yet occurred in the observable universe. But rather than take our precarious existence for granted, they use the obvious fact that we are still here as a tool. The idea is that some weird physics is protecting us.

This kind of existential cosmology also helps physicists filter through the myriad models of the universe, and could tell us how the universe began in the first place. “Maybe you need something to stabilize it. [the universe]And it could be new physics.'' arthu rajanti

Source: www.newscientist.com

There is a possibility that dark energy is even more mysterious than previously believed.

Naming a new project the Dark Energy Spectroscopic Instrument (DESI) may come across as overly confident. This is because dark energy is undetectable and cannot be examined or analyzed through traditional methods like spectroscopy. Despite numerous attempts, dark energy has never been directly observed and remains a mystery in the realm of astrophysics.

Dark energy is believed to be a uniform force throughout the universe that does not interact with matter or light in any discernible way. Its primary function is to expand space at an accelerating rate, a process that baffles scientists due to its unknown underlying mechanism.

The recent release of data from DESI has sparked interest and debate in the scientific community. This project aims to shed light on the behavior of dark energy by mapping the expansion history of the universe. By studying the motion of galaxies and measuring the stretching of light emitted from distant objects, researchers can gain insights into the evolution of the cosmos.

The current prevailing model of cosmology suggests that dark energy exists as a static cosmological constant, affecting the fabric of space uniformly. However, DESI’s findings hint at a more complex history for dark energy, challenging conventional theories about its nature and implications for the future of the universe.

As researchers delve deeper into the mysteries of dark energy, they may uncover new discoveries that challenge existing paradigms and push the boundaries of our understanding of the cosmos. The DESI project represents an important step towards unraveling the enigma of dark energy and its profound impact on the universe.

Source: www.sciencefocus.com

Unsure of possibility, gamers rush to conquer 80,000 levels in Super Mario Maker

On March 14, Team 0% was on the verge of finishing their seven-year mission to conquer all 80,000 incomplete levels of the 2015 Nintendo game Super Mario Maker. They only had two challenging maps, “Herb Trimming” and “The Last Dance,” left to conquer. But as time ticked away, Nintendo dropped the bombshell that they would be shutting down the game’s servers on April 8th. Any level unfinished by then would remain that way forever. Unfortunately, Team 0% fell short at the final hurdle.

When Super Mario Maker was released for the Wii U, players discovered the thrill of creating their own levels and sharing them online. However, to upload a level, players had to beat it themselves first. Little did they know that one of the remaining levels was a hoax.

From its launch, Super Mario Maker inspired players to create incredibly difficult levels with inventive designs. A website called Super Mario Maker Bookmarks tracked every uploaded level, generating stats on completion rates. In 2017, a Reddit user named the0dark0one compiled a list of levels yet to be beaten, unknowingly sparking a journey.

Jeffie, the founder of Team 0%, launched a Discord server in December 2017 to tackle the backlog. They faced technical challenges due to the volume of data but persisted, clearing the initial list after eight months. However, new levels kept pouring in, each more challenging than the last.

Super Mario Maker allows players to craft levels using the Wii U’s touchscreen, resulting in a range of creative challenges. Photo: Nintendo

The team developed training levels within Super Mario Maker to teach newcomers the unique skills required to ace tricky levels. As they sharpened their skills, the task became more daunting with the deadline looming, requiring nearly 100 levels to be completed daily.

As the team neared the finish line, they faced suspicions regarding the legitimacy of the last level, “Trimming the Herbs.” Some speculated it might have been completed using cheats like TAS (Tool-Assisted Speedrun). Ultimately, the creator admitted to using TAS, tarnishing the victory moment.

Despite the disappointment, players continue to tackle “Trimming the Herbs” before the shutdown. The accomplishment lies not just in completing every level in Super Mario Maker, but in preserving the efforts of all creators in the game’s history.

Source: www.theguardian.com

Europa Clipper: NASA’s Mission to Jupiter’s Moons Explores Possibility of Extraterrestrial Life

Artist’s impression of the European Clipper near its namesake moon

NASA

Instruments aboard a NASA spacecraft scheduled to launch to Europe later this year could directly detect cellular material ejected from Jupiter’s icy moons, increasing the chances of finding life.

Europa is of scientific interest because researchers believe there is a vast saltwater ocean beneath its thick icy shell. It is also surrounded by an orbiting blanket of ice grains and dust, believed to be the remains of material kicked up after the meteorite struck.

NASA’s Europa Clipper spacecraft was launched in October and is scheduled to arrive at its destination in 2030, flying close to the moon but not landing on it. Ten experiments will be carried out aimed at studying Europa’s internal structure, including its ocean chemistry and potential habitability for extraterrestrial life.

One of these is the SUrface Dust Analyzer (SUDA), a type of instrument known as a mass spectrometer. The mission will collect material ejected from the moon and reveal its chemical composition, including potential organic molecules and salts.

SUDA was not designed to look for signs of life in Europe, but now Frank Postberg and his colleagues at Germany’s Freie Universität Berlin, who are working on the device, have shown that it can detect fragments of cellular material, potentially providing evidence of modern life.

“If life on Europa follows the same principle of having membranes and DNA made from amino acids… [those chemicals] “It will be the deciding blow of my life,” he says.

“This is an interesting result because these ice grains hit the instruments in space at speeds of 4 to 6 kilometers per second,” say team members. Fabian Krenner at the University of Washington. “We showed that we can still identify cellular material.”

These extreme velocities cause particles to collide with SUDA with high kinetic energy, breaking large molecular structures into smaller component parts for analysis. To simulate this kinetic energy, the team shot water droplets with a laser. I put the following sample into water. Sphingopyxis alascensisa bacterium known to survive in frigid marine environments, making it a potential alternative to life on Europa.

When the laser hits the droplet, it breaks up into tiny droplets that hit the SUDA detector. The researchers discovered that they could distinguish between fragmented cellular material, including fatty acids and amino acids, which are abundant in cell membranes.

“We have now simulated the presence of cells inside a single ice grain without any pretreatment, which may be a valid case for what we see in Europe,” Klenner said. To tell. The next step, he says, is to repeat the experiment using different types of cell cultures.

Murti Gudipati He works on SUDA at NASA’s Jet Propulsion Laboratory in Pasadena, Calif., but is not involved in the research. The results should reflect what could happen to the spacecraft, he said. Watch while on duty.

But the ability to clearly distinguish cellular material from other organic molecules and salts depends on the specific composition of the ice grains released from Europa, he says. If SUDA detects many other complex organic molecules and salts mixed in with the ice grains, it may be difficult for researchers to reliably detect cellular material, Gudipati says.

the current, NASA says When asked, “Europa Clipper is not a life-detecting mission. Its primary science goal is to determine whether there is a place beneath Europa’s surface where life could exist.” new scientist The agency was unable to respond prior to publication about whether the new research changes the mission’s goals.

topic:

Source: www.newscientist.com

Have we Actually Considered the Possibility of Cities on Mars?

SpaceX launched one of the largest rockets ever built on November 18, 2023. The Starship rocket has the potential to revolutionize humanity’s interaction with space, including the Mars base. This reusable rocket is so powerful that it could transport the entire International Space Station’s mass in just a few launches, possibly at a lower cost.

While the dreams of the Apollo era were initially shattered due to the high costs of space access, Starship’s launch has reignited the debate about the significance of space exploration for humans. Despite facing setbacks and challenges in achieving its goals, the space enthusiast community views the Starship launch as a success, given the valuable data collected during the flight.

Is a Mars base really worth the investment?

Space advocates believe that space offers hope, opportunities for resource extraction from asteroids, environmental protection, and the establishment of a second home for humanity. However, some question the allocation of resources to space exploration instead of addressing pressing issues on Earth.

The space industry is rapidly growing and is projected to reach a value of over $1 trillion in the next two decades. Investments in space exploration often lead to innovations in navigation, data transmission, and environmental monitoring, benefiting both space and Earth. The share of government spending on space, particularly NASA, is minimal compared to other sectors.

Concerns about space billionaires building Martian fortresses as a safeguard against Earth’s destruction remain speculative. While asteroid mining and space resource utilization hold potential, the practical challenges and time required for extraction may limit immediate benefits. Therefore, it is crucial to approach space exploration with caution and realistic expectations.

Credit: Alamy

A Mars base will involve complex life.

Extraterrestrial resource utilization may offer new opportunities, but the majority of Earth’s wealth derives from ideas and technologies rather than material resources. Building infrastructure in space to reduce Earth’s burden and provide a sustainable living environment poses significant challenges and requires substantial investment.

Practical considerations for Mars bases include long travel times, harsh environmental conditions, and limited resources. Establishing a sustainable colony on Mars involves complex engineering solutions and adaptation to the planet’s inhospitable environment.

Big questions about Mars biology

Challenges in Mars biology include reproduction in low gravity, creating enclosed ecosystems for sustenance, and understanding the long-term effects of living on Mars. Addressing these biological questions requires extensive research and investment, which may not align with current priorities in space exploration.

Despite the uncertainties and challenges of Mars colonization, space exploration continues to offer economic benefits, valuable knowledge, and opportunities for progress. While the feasibility of large-scale space migration remains uncertain, the exploration of space contributes to our understanding of the universe and benefits our society as a whole.

read more:

Source: www.sciencefocus.com

Scientists Suggest the Possibility of Creating Batteries from Tiny Black Holes

small black hole battery

Following the feedback discussion on New Zealand’s Blackhole public toilets (25 November 2023), news has arrived of a plan called “Using black holes as secondary batteries and nuclear reactors” published in the magazine Physical Review D.

Successful engineers, much like unsuccessful engineers, are not easily intimidated by limitations that others believe are insurmountable. The plan’s authors, Zhan-Feng Mai and Run-Qiu Yang of Tianjin University in China, continue to keep their jaws high and scratch their heads.

They say, “The strong gravity of a black hole prevents classical matter from escaping from it, but fortunately energy can be extracted from a black hole through quantum or classical processes.” he wrote.

They wave away a series of problems that are said to plague anyone who even proposes to get close to a black hole. They state that their black hole is a “mini black hole”.

This kind of confidence inspires venture capitalists, a diverse group of people who are experiencing the golden age of the early 2020s. After raising capital and extracting a suitable portion from it, many people are looking for new big opportunities to invest some of it.

Black hole batteries could be their next big thing, following in the capricious footsteps of cryptocurrencies and artificial intelligence. Many investors are finding both to be as compellingly attractive as black holes.

2 story superpower

Alison Litherland tells the story of a boring superpower with useful duplicity.

she says: “When you mentioned Rosemary Fuhrman’s husband’s ability to read her two pages in different Braille at the same time (September 16, 2023), I was reminded of the small superpowers she had when her children were small. I remembered my abilities.

“I was able to read a bedtime story aloud to her while at the same time quietly reading a novel to herself. I don’t know how my brain was able to distinguish between the two stories, but… It certainly helped with the boredom of re-reading the same story before bed.”

confused coffee

This medical journal headline features a discussion of ambiguity. Coffee and heart failure: Additional potential beneficial effects of coffee”.

The title rests on a letter to the editor from Anna Vittoria Mattioli and Alberto Farinetti of the University of Modena-Reggio Emilia in Italy. The diary is Nutrition, metabolism and cardiovascular disease.

Mattioli and Farinetti explore some of the ambiguity in medical research and medical pronouncements regarding the positive and negative health effects of drinking coffee.

Some people drink espresso in some places, while others drink other forms of coffee. Some people drink coffee filtered, while others drink it unfiltered.

Some people drink coffee “in conjunction with a meal” in some places, while others drink coffee on its own. Some men are men and others are not, and there may be differences in “absorption of macronutrients and micronutrients and their bioavailability.”

Mattioli and Farinetti suggest further research is needed to “de-confound” under confusing headings.

edge on edge

Sam Edge is offended by the paper featured in a previous feedback column (November 4, 2023).New insights into the genetics of twins and southern hemisphere whorls”. Sam feels horrified by the attention the newspaper has received.

he says: “The old chestnut about drainage circulation rears its head again. I see. Given the very small volume and mass involved in hair, and the fact that people spend a significant amount of time moving around in non-vertical positions, it is absurd to suggest that the Coriolis force could be responsible for the swirling of hair. The Coriolis force is responsible for the surprising twist in how objects appear to move when they rotate Please remember that.

Feedback hopes Edge won’t get nervous knowing there’s a new version of the paper. The title this time is “Genetic determinism and hemispheric influence in whorl formation‘ Appears in ‘Journal of Stomatology, Oral and Maxillofacial Surgery.

The new version gives a meandering nod to the Coriolis question, this time at a distance. “Other non-hemispheric factors are [be] Maternal health, maternal nutrition, and prenatal hormone exposure were evaluated in samples from different locations in the Northern and Southern Hemispheres, before considering the potential influence of hemispheric environmental physical factors such as the Coriolis force. I did.”

Sheffield names the harvest

Susan Frank is second to none when it comes to sharing information about garden varieties.

She writes: “We wanted to include the names of two of our trustees associated with Sheffield Botanic Gardens Trust, Barbara Plant and Christine Rose.”

According to feedback, Sheffield Botanic Gardens Trust Website Trustee Miles Stevenson, who is neither a plant nor a rose, makes it clear (by displaying special information in parentheses) that it is a chair.

Mark Abrahams hosted the Ig Nobel Prize ceremony and co-founded the magazine Annals of Improbable Research. Previously, he was working on unusual uses of computers. his website is impossible.com
Have a story for feedback?
You can email your article to Feedback at feedback@newscientist.com. Please enter your home address. This week’s and past feedback can be found on our website.

Source: www.newscientist.com

There is a possibility that Hayabusa’s lunar lander will not make it to the moon

Peregrine photo showing disturbance of insulation in the foreground

astrobotic

Things look grim for Astrobotic's Peregrine spacecraft. The Vulcan rocket launched toward the moon on January 8, but just seven hours after liftoff, an “anomaly” began to occur that could prevent a safe landing on the moon's surface.

The first hint of trouble was that the spacecraft was unable to orient itself so that its solar panels faced the sun. The technical team on the ground was able to command the aircraft to steer in the right direction so the battery could be recharged. These batteries power Peregrine's communications and scientific equipment, and so far appear to be working properly.

But the problem doesn't end there. The thrusters meant to carry Peregrine to the moon and land safely are powered by rocket fuel, and appear to be leaking fuel.in a short series
statement

Astrobotic said the problem was “causing significant loss of propellant.”[this] If the propulsion anomaly proves true, it would threaten the spacecraft's ability to make a soft landing on the moon. The first images sent back from the spacecraft show rippling insulation in the foreground, suggesting that whatever caused the fuel leak may have also destroyed the spacecraft's insulation.

If Peregrine can't land on the moon, even if its batteries are fully charged, it's unclear which of its science goals it will accomplish. “The team is working to stabilize this [propellant] “While there was a loss, given the circumstances, we prioritized making the most of the science and data we could collect,” the statement said. “We are currently evaluating what alternative mission profiles are feasible at this time.” Astrobotic did not immediately respond to a request for comment.

Assuming Peregrine is unable to land, this would be the third consecutive failed attempt by a private company to land on the moon. In 2019, the Beresheet lander crashed on the moon, and in 2019, the Hakuto-R lander also crashed on the moon. 2023. No private company has yet successfully made a soft landing on the moon.

topic:

Source: www.newscientist.com

Experts in the crypto industry foresee positive trend and possibility of Bitcoin surge in 2024 – Updates on blockchain, viewpoints, and employment opportunities

In the dynamic world of cryptocurrencies, industry leaders are optimistic about the beginning of a new bullish phase, with hopes rising for Bitcoin to reach an all-time high of over $100,000 in 2024.

Bitcoin has experienced an impressive rally of over 120% this year alone, and many enthusiasts believe this upward momentum will continue into next year.

Last week, Bitcoin ended around $37,450. Markets have experienced considerable volatility this week in the wake of the US Department of Justice’s settlement with Binance, the world’s largest cryptocurrency exchange. The announcement of the settlement and the resignation of Binance’s CEO caused the market to briefly decline, with BTC trading at $35,700 at one point. The negative sentiment was quickly followed by positive news, such as Binance not facing further regulatory action, contributing to a newfound stability in the market.

The start of the new week was marked by BTC trading at a price of $40.665. This year’s highest price has been updated.

2023 looks like it will be the year we prepare for the upcoming bull market. 2024 and 2025 are highly anticipated.

Despite the crypto industry facing challenges such as coin crashes, project failures, bankruptcies, and criminal trials, recent high-profile cases involving exchanges like FTX and Binance have It is seen by some as a turning point. Some industry players believe that the speculative phase is nearing an end, allowing a transition to constructive development and problem-solving in the cryptocurrency space.

The speculative phase appears to be over, leaving room for actual builders to focus on technology and problem-solving.

Attention now turns to positive developments. First, there is excitement about the potential approval of a Bitcoin exchange-traded fund (ETF). If approved, it could attract larger traditional investors and could be an important milestone in Bitcoin’s mainstream adoption.

The second notable development is the Bitcoin halving scheduled for May 2024. This event occurs every four years and cuts the rewards to miners in half, thereby limiting the supply of Bitcoin. Historically, this has been the catalyst for new rallies in the crypto market.

Investors are closely monitoring these developments, with particular focus on potential ETF approval and the upcoming halving. Mateo Greco, Research Analyst, Listed Digital Assets and FinTech Investment Business Finekia International (CSE:FNQ) pointed out:

Approval of a US-based Bitcoin Spot ETF is not only likely to bring in capital inflows, but also inject significant liquidity into the market, fostering more stable prices, and opening the doors to digital asset exchanges and digital assets. It has the potential to facilitate more advantageous trading in both financial products that incorporate the ”

Bold predictions for Bitcoin in 2024 have already surfaced, with various ETF endorsements predicting that Bitcoin could reach $100,000 by the end of 2024. This represents a significant 160% increase from the current price.

Moreover, Matrixport, a cryptocurrency financial services company expects the price to reach $63,140 by April 2024 and a whopping $125,000 by the end of next year. Their report highlights factors such as an expected drop in inflation and a possible interest rate cut by the Federal Reserve as factors that could push Bitcoin to new all-time highs in 2024.

As the cryptocurrency landscape evolves, industry leaders and investors alike are looking forward to a transformative year full of potential milestones and new heights for Bitcoin.

Source: the-blockchain.com