In a research paper published in the journal Nature, scientists at Google Deepmind explain that their new artificial intelligence system, AlphaQubit, has proven highly successful at correcting persistent errors that have long plagued quantum computers, a breakthrough that could make quantum computing practical.
QCP Capital released a research report saying that Bitcoin continued to surge to new highs. Despite setting new highs, volatility did not respond significantly due to the large-scale profit taking of long-term call options. This means that the market is fully prepared for this rally. The funding rate for perpetual contracts is very high, and the basis yield has also reached a seven-month high. Although still structurally bullish, it is cautious about any pullback, especially from leveraged liqui...
JPMorgan Chase (JPM. N) reported that yesterday's U.S. CPI data gave the Federal Reserve the green light to start cutting interest rates at its upcoming September meeting. The only question now is whether it will start with a 50-basis-point cut or a more moderate 25-basis-point cut. The deciding factor will depend on how much of a rebound in the August jobs report. A 16-200,000 increase in the number of jobs is likely to remove most of the concerns raised by the July jobs report, while employmen...