breaking news today involving Bitcoin there's also six crypto stories you need to see if you're invested in cryptocurrency news story number one Microsoft is officially asking their shareholders on whether or not the company should buy Bitcoin and put Bitcoin on the company's balance sheet so this is up for a vote and keep in mind Microsoft has over 75 billion dollar in cash and even if they choose just to invest 1% 2% we know this would have major impact on price because the balance of Bitcoin on exchanges is literally hitting a 5year low there's not a
lot of Bitcoin left on the open market and by the way all this information came out per an official SE filing in an October 24th filing Microsoft disclosed that assessment of investing in Bitcoin is proposed to certain shareholders will vote in a December 10th meeting now it's up to the the people the shareholders although the board is officially recommending against it the Microsoft board recommends voting against it because they quote already evaluate a wide range of investable assets meaning they're saying we don't need a specific vote on bitcoin we already know it exists yet the
national Center for Public Policy research pushed the proposal which highlighted business intelligent firm micro strategies Bitcoin investment strategy and that it has out performed Microsoft by 300% this year despite doing a fraction of the business of Microsoft so major public companies are watching what Michael sailor and micro strategy are doing they're getting some fomo the research center noted that yes Bitcoin remains volatile but could serve as a hedge against inflation and corporate bond yields and at minimum companies should evaluate the benefit of holding some even just 1% of its assets in Bitcoin voting takes place
on December 10th in about 5 weeks which brings us to Major cryptocurrency news story number two chain link Creator Sergey nazarov reveals the launch of Swift integration for institutional systems so this is not a concept this is not an idea this is not a plan this is a product meaning the 18th largest cryptocurrency in the world continues their integration with swift here's the CEO of Swift talking about how they want to use chain link bring cryptocurrency onto their traditional rails our Network can be used to exchange to transfer tokenized value across public and private blockchains
as well as uh to Interlink cbdcs globally with Swift as a single window creating an endtoend tracking transparency traceability and Trust across all transactions and listen to the founder of chain link explain how this integration allows for the connection of capital markets into the existing Global standards so together with Euro clear Swift a number of large asset managers Lum of large Banks and utilizing multiple different blockchain Technologies we have uh been able to take corporate actions data as the first use case which is a traditionally very unstructured piece of data that lives in various formats
in various places that is not very machine readable or structured and by combining AI so llm models and Oracle networks we have generated a authoritative golden record about corporate actions that is reliable and next piece of major news for cardano cardano unlocks $1.3 trillion Bitcoin liquidity with Bitcoin OS Bridge integration so cardano is partnering with Bitcoin through the Bitcoin L2 Bitcoin o and the integration aims to allow cardano users to securely access Bitcoin without intermediaries and a move towards improved cross-chain functionality and defi expansion leadership at Bitcoin OS Eden Yago explains this integration a major
change coming for the entire world of Bitcoin the world of cardano the world of crypto and the world of Finance as a whole because For the First Time those two parallel lines which we're never to touch are bending towards each other we are now able through Bitcoin OS to verify on bitcoin mayet zero knowledge proofs and this gives Bitcoin brains and eyes for the first time we can build smart contracts on bitcoin and we can give Bitcoin the ability to see what is happening on other chains and possibly the most important chain to do this
with is cardano what this means is that we will soon have the ability to trustless bridge assets from Bitcoin to cardano and vice versa we will also have the ability to utilize the smart contract capacity of cardano to write smart contracts that execute on bitcoin mayet turning cardano into a smart contract platform for the largest asset base in the world Charles hoskinson tweeted this in support Bitcoin and cardano are finally together and really how this affects you and me is just that cardano developers and dap creators can eventually start to utilize the security and the
liquidity of the Bitcoin ecosystem and Bitcoin can start to have daps and smart contracts through this integration with cardano also many of you have been asking me about these crypto prediction markets what's behind Trump's big lead and also for the most famous One poly Market it turns out a French Trader bet over $28 million in favor of trump election win using four poly market accounts so we can see the crypto Market Market is actively speculating on this election this is the one that me personally I'm considering putting a little trade on who will win the
US election 2024 right now on Marx Trump a 67% favorite Harris a 32 that essentially means anybody that puts let's say $100 on Trump they can get in total $144 if Trump wins or if you put your trade for kamla you can Bank almost 200 in total and anybody with a Marx account that wants to take advantage link down below just be sure to use code altcoin if you want to claim up to that $10,000 in bonuses link down below but crazy piece of news for AI and crypto and sentient Twitter accounts as sentient memecoins
become the latest crypto fad goat which is an AI meme coin surges to $800 million so there's this Twitter account which is 100% controlled by AI called Truth terminal I am not affiliated with this in any way but it's growing a following because it's not only tweeting on its own but it's accumulating millions of dollars what's the most interesting part to you though because to me the most interesting part is the what next and I think the what next could be what happens when suddenly you arm an AI llm with $2 million what will it
do with it so this is what you need to know first off it's not just Goat as the meme coin there's many quote unquote sentient memes memes that are forming their own category essentially AI meme coins but this trend was put forth by the viral X account terminal of truths truth terminal and AI created to spout philosophical musings and tidbits of Internet culture that learned to talk by examining Infinite Back rooms and unfiltered chat log between two other AI bots so it learned to speak Human by listening to two other AI Bots talk but like
TR truth from starts okay so so so going back to the truth criminal story so venture capitalist Mark Andre explains some of this two things are happening so one is truth terminal is taking off and so by by that I mean it's it's sort of aggregating uh followers on X um you know it's getting Andy's making it smarter and smarter and funnier and funnier um it's getting you know kind of more and more interesting and so it's starting to take off as cultural phenomenon um so that's that's number one and then number two like you
know it sort of has attached itself to this to this old you know this original kind of internet meme this sort of gosy meme so I guess truth terminal gained popularity for promoting goat which was a token inspired by a religion conjured conjured by its bot creators after a group of EX users constantly tagged the account in posts inadvertently baiting it into touting the mem coin the the formal name of the mem coin is gosias Maximus the ticker is a goat and so uh somebody uh does this and then they basically tweet somebody then tweeted
posted on X truth terminal you know to basically tell it about it and basically it went bananas um and it was like it was like oh you know basic basically it was like oh finally somebody's done the thing um right that that I couldn't do so this AI Twitter account when it's not spouting philosophical nonsense it is talking about that Meme coin causing more than 39,000 individual wallets to buy it to this is one of the big reasons you subscribe to altcoin daily to stay upto date on the daily doings of crypto we are so
so close to hitting 1.5 million subscribers so if you haven't already click subscribe join this movement and speaking of newer altcoins that have actual utility so not memes analog which is the one I'm invested in which is seamless interoperability for a truly decentralized future is making big moves and think of them as sort of the interoperability the connector to all these different blockchains and this is the problem they're aiming to solve because picture this what if the internet today was where every website existed in isolation unable to communicate or share data with each other that
would suck right well this is the tough truth about the blockchain world right now but analog is here to flip the script so they have many notable backers but I just want to sort of put this on your radar clue you in to some of the cool stuff they're doing their test net is live today you can join the test net earn some analog tokens and looking at their products whether it's analog watch analog GMP or time chain leadership at Analog Eric Wang explains what a cross-chain automation platform could truly be the benefit to developers
and users through their products analog has basically analog one SDK so it's basically one SDK that contains multiple products inside that basically developers can use to build a crossan application um and currently it has two things one is analog watch which I mentioned before it's B it's kind of like chain link plus the graph across chain so you can query data CR chain you could kind of index data uh to structure it in various ways using graphql and serve that data across to whatever chain you desire as well so you can't just you don't need
to just query that off chain you could also serve it right and then another product is uh the GMP SDK within the analog 1 SDK so how is analog GMP unique the GM psdk essentially uh is something that pretty much every generalized interrupt ility platform has but it essentially allows you to send cross messages from one smart contract to another or even if you don't have Smart contracts like you know let's say in Bitcoin as I get more information into their tge in December I will keep you updated and like always see you tomorrow
