Elon Musk's AI Company Debuts ChatGPT Rival 'Grok;' XRP Rallies 10%

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'CoinDesk Daily' host Jennifer Sanasie breaks down the hottest crypto headlines today, including Elon Musk’s new AI company, xAI revealing a new AI bot to rival ChatGPT. There are new developments in crypto exchange FTX's bankruptcy saga.

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including Elon Musk’s new AI company, xAI revealing a new AI bot to rival ChatGPT.New developments in FT X's bankruptcy saga and Elon Musk takes aim at chat G BT. You're watching Coindesk Daily. I'm your host, Jen Sani. All right, Bitcoin is holding firm above $35,000. As many are betting that the Federal Reserve is finished, hiking interest rates.

That's according to a court filing, the filing said the proposed sale will help allow the estates to prepare for distributions to creditors and allow debtors to act quickly to sell the trust assets. At the opportune time. The trust assets are held in five Grayscale trusts totaling an estimated $691 million.01 trust managed by bit wise amounting to $53 million. That's based on market value. As of October 25th, 2023 Grayscale and Coin Desk are both owned by DC G.

 

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