Automation’s not just for the automotive industry anymore.
According to new statistics released by the Association for Advancing Automation (A3), an industry group promoting automation, the North American automotive industry added 12 percent fewer robots to its workforce in 2018 than in 2017.
However, a slew of other industries picked up the slack — making 2018 a record-breaking year for new robot workers.
According to A3, robot manufacturers shipped a total of 35,880 robots to customers in 2018, which is 7 percent more than in 2017. Of those, 19,178 robot workers went to automotive customers, down from 21,732 in 2017.
Many other industries saw significant increases in the number of robots added to the work force, though — food and consumer goods, life sciences, and electronics saw increases of 48 percent, 31 percent, and 22 percent, respectively.
“While the automotive industry has always led the way in implementing robotics here in North America, we are quite pleased to see other industries continuing to realize the benefits of automation,” A3 president Jeff Burnstein said in a press release.
“And as we’ve heard from our members and at shows such as Automate, these sales and shipments aren’t just to large, multinational companies anymore,” he continued. “Small and medium-sized companies are using robots to solve real-world challenges, which is helping them be more competitive on a global scale.”
Rob Atkinson, president of the Information Technology and Innovation Foundation, an organization focused on the intersection of tech innovation and public policy, wasn’t surprised by A3’s findings on the increases in robot workers.
“Robots are getting better, cheaper, and more versatile,” he told Axios, “and therefore can be used more effectively in more industries.”
Still, expected on not, these figures are a concrete sign that automation is spreading throughout the North American workforce — and nations need to start preparing now for the impact that will have on the future.
SpaceX successfully launched its Crew Dragon spacecraft on a Falcon 9 rocket from historic Launch Complex 39A at NASA’s Kennedy Space Center in Florida at 2:49 am EST this morning. Main engine cutoff and stage separation were confirmed by SpaceX at 2:52 am EST. First stage successfully landed on the drone ship platform Of Course I Still Love You at 3:00 am EST.
The Crew Dragon is scheduled to dock with the International Space Station early Sunday morning. It will spend about five days docked to the station before returning to Earth and splashing down in the Atlantic.
The launch marks the first time a private American rocket and spacecraft built for human passengers has ever launched to travel to the space station. An upcoming crewed mission, Demonstration Mission 2, is scheduled for July.
There are no human astronauts on board. It does carry “Ripley,” a SpaceX dummy that will collect valuable information — using sensors all over its body — about what the experience will be like for human astronauts.
A previous version of SpaceX’s Dragon capsule built solely for cargo became the first commercial spacecraft to deliver cargo to the ISS and safely return cargo back down to Earth back in 2012.
If all goes well, the Crew Dragon will rendezvous with the International Space Station at around 6:00 am EST Sunday morning to dock autonomously.
But the docking procedure is quite different this time when compared to previous Dragon missions: “Dragon was basically hovering under the ISS,” said Hans Koenigsmann, vice president of mission assurance at SpaceX during a pre-launch briefing on Thursday. “You can see how it moves back and forth and then the [Canadarm] takes it to a berthing bay.”
In contrast, the Crew Dragon’s docking system is active, he said: “it will plant itself in front of the station and use a docking port on its own, no docking arm required.”
Lately, you’ve probably heard a lot about CBD products. Over the past few months, they’ve exploded in popularity to the point where they can be found almost everywhere, and are being used in everything from coffee to lotions to face masks. But do you actually know what CBD is? And with all the choices available, do you know how to separate the best CBD products from the rest?
CBD, or cannabidiol, is just one of over 100 different cannabinoid compounds found in cannabis plants. Historically, the most famous cannabinoid was THC – the one responsible for getting people high. However, in recent years, as the movement to legalize cannabis gained steam, it was discovered that CBD provides many of the positive benefits of THC, but without the psychoactive effects, making it more practical for everyday use.
Though there hasn’t been enough clinical research to make any definitive medical claims, many healthcare professionals are convinced CBD is effective for fighting chronic pain, inflammation, anxiety, and sleeplessness, among other aliments. CBD has also been shown to be effective in treating epilepsy, especially in children.
Today, thanks to recently passed legislation, CBD is now legal in all 50 states. However, it is not yet regulated by the FDA. As a result, some companies are making a lot of unfounded claims about what CBD can do, and are putting out some pretty questionable products. This makes it difficult for consumers to find a brand they can trust. But that’s not to say trustworthy brands don’t exist.
If you’re considering taking the plunge and trying CBD for yourself, one brand to check out is Mellowment. Their supplements are designed to “promote comfort by reducing pain, inflammation, anxiety, and sleeplessness,” allowing you to be your best self. And while that may sound new-agey, don’t let the lingo fool you. Mellowment claims to produce the most advanced, meticulously-engineered CBD supplements on the market. And Mellowment’s relationship with the most sought-after and specialized suppliers in the cannabidiol industry allows the company to continually develop innovative products, both for general comfort and more specific needs.
CBD has been observed to reduce stress and anxiety, and thus may be useful in treating generalized anxiety and social anxiety disorder, and possibly even post-traumatic stress disorder. Mellowment Low Impact is a full-spectrum hemp oil supplement designed to help users relieve nervous energy. It contains 10mg of CBD per capsule, derived from high-grade industrial hemp with 0.00% THC. Its small doses are intended to provide relief from stress without the side-effect of fatigue. However, you can take up to four capsules per day as needed.
High Impact 1.0 is Mellowment’s original full strength, full-spectrum supplement. Each softgel capsule contains 25mg of full-spectrum CBD emulsified in 100% vegan coconut oil. Its formula is designed to reduce pain and inflammation, and “has been shown to help some people who suffer from chronic back pain and arthritis.” Like all Mellowment products, High Impact 1.0 contains 0.00% THC, which means it won’t make you high or fail a drug test.
Mellowment has created some of the best CBD products on the market. But in particular, High Impact PCR is the company’s most advanced general purpose CBD supplement. It uses emulsified PCR, or phytocannabinoid-rich hemp oil, which has a higher surface area than ordinary CBD oil. That means it gets absorbed into the blood stream faster so you experience its effects sooner. Each softgel capsule contains 25mg of high-grade CBD oil. Some High Impact PCR users say they prefer this product to Mellowment Low Impact for treatment of anxiety. However, the more potent formula can cause drowsiness in some.
This supplement is just like the Mellowment High Impact PCR, but with the addition of curcumin. Curcumin is a chemical compound found in turmeric that has been shown to decrease swelling, and has proved successful in treating conditions involving inflammation. Each softgel capsule contains 25mb of emulsified PCR CBD and 10mg of curcumin, with 0.00% THC.
A non-editorial team at Futurism has partnered with Mellowment to create this article, and we may receive a percentage of sales from this post. This supplement has not been evaluated by the FDA, and is not intended to cure or treat any ailments. Do not take CBD products if you are allergic to any of the ingredients in the product you are consuming. Tell your doctor about all medicines you may be on before consuming CBD to avoid negative reactions. Tell your doctor about all medical conditions. Tell your doctor about all the medicines you take, including prescription and nonprescription medicines, vitamins and herbal products. Other side effects of CBD include: dry mouth, cloudy thoughts, and wakefulness. You are encouraged to report negative side effects of any drugs to the FDA. Visit http://www.fda.gov/medwatch, or call 1-800-FDA-1088.
AI arms control is all “fun and games” until someone accidentally recreates Skynet.
When looking to the future we can’t ignore the possibility of a potential artificial intelligence arms race as nations rush to outpace one another. That’s exactly the sort of future that former US Secretary of State Henry Kissinger is afraid of. Speaking last Thursday at a three-day event celebrating the opening of a new school of computing at Massachusetts Institute of Technology, Kissinger warned that AI weapons might become harder to control than nuclear ones. Such systems will be developed in secrecy leading to a dangerous arms race, as Kissinger said according to MIT Tech Review, “With AI, the other side’s ignorance is one of your best weapons—sharing will be much more difficult.”
It isn’t the first time Kissinger, a controversial figure in American foreign policy, has warned of the potential dangers of AI technology. In an op-ed for The Atlantic Kissinger opined that the U.S. government should “consider a presidential commission of eminent thinkers to help develop a national vision” on AI. He’s not alone in that consideration.
Last month, a group of experts — including ethics professors and human rights advocates — called for a ban on the development of AI-controlled weapon systems over fears that there are too many questions left as of yet unanswered such as “who is responsible when a machine decides to take a human life?”
Progress Marches On
Still, despite concerns, nations continue to develop tanks, planes, and bipedal androids. Just last month, President Donald Trump issued an order encouraging the United States to “prioritize AI”, lest the US fall behind other nations in AI development.
While AI still has more jovial applications which are being explored, like generating cat pictures and creating works of fine art, autonomy continues to creep into weapon systems development causing a backlash from the employees of companies like Google and Microsoft. The uncertain future and unbound potential of AI may require more reflection from humanity before we act on AI.
In November, the news website Quartzunveiled a bold idea: a studio, funded by the Knight Foundation, dedicated to reporting the news using machine learning techniques.
Today, the Quartz AI Studio’s first story dropped — and it’s an intriguing peek at how advancements in artificial intelligence could provide journalists with new tools for digging into public documents.
For the story, Quartz reporters trained an algorithm to examine the section of ride-hailing app Lyft’s Initial Public Offering (IPO) that lists risks the company anticipates — and to identify the most “distinctive,” or unusual, things that rattle Lyft’s executives.
The resulting list of Lyft’s unusual concerns range from the fairly obvious to the moderately surprising. In addition to having concerns about “public perception,” the company’s leaders are also worried about how healthcare privacy laws will affect customers who use its service to catch rides to medical appointments. They’re also sweating whether cyberattacks could affect Amazon Web Services, which runs its platform.
Quartz’s Lyft story isn’t the most groundbreaking work of journalism in the world, but it’s an interesting proof of concept about how reporters can leverage new tools to pull interesting takeaways from otherwise dry public records — and, perhaps, a preview of things to come.
“This is taking [data journalism] to the next level where we’re trying to get journalists comfortable using computers to do some of this pattern matching, sorting, grouping, anomaly detection — really working with especially large data sets,” John Keefe, Quartz’s technical architect for bots and machine learning, told Digidayback when the Quartz AI Studio first launched.
No bigger than an ordinary watch battery, adding this little sensor to firefighter’s gear could help save lives.
Researchers from McMaster University in Hamilton, Ontario announced on Friday they had created a fireproof, self-powered sensor that could be used to track people working in high-risk environments, such as firefighters, steelworkers, and miners. The research team – from McMaster, UCLA, and University of Chemistry and Technology Prague – published their work in the journal Nano Energy.
The self-powered sensor is embedded in the sole of a boot or under the arm of a jacket, areas where frequent motion can be registered by the device. The friction of motion generated in these areas charges the sensor, similar to the static charge you sometimes generate by sliding your socks on the carpet. If motion stops, the device alerts someone outside the hazardous area so help can be sent.
“If somebody is unconscious and you are unable to find them, this could be very useful,” said Ravi Selvaganapathy, a professor of mechanical engineering who oversaw the project. “The nice thing is that because it is self-powered, you don’t have to do anything. It scavenges power from the environment.”
High heat environments have posed a challenge to similar sensors. The new sensor is self-charging, since most batteries breakdown in hot environments, and thanks to its key material, a new carbon aerogel nanocomposite, it successfully withstood temperatures up to 300° Celsius (572° Fahrenheit), around the temperature most wood starts to burn.
The research team is hoping to connect with a commercial pattern to help make the device more accessible to a larger market. Such a device could make a world of difference to those working in hostile environments and particularly to local fire departments.
“It’s exciting to develop something that could save someone’s life in the future,” said co-author Islam Hassan, a McMaster PhD student in mechanical engineering. “If firefighters use our technology and we can save someone’s life, that would be great.”
Once relegated to coffee shops, by 2020 there will be more than 549 million global public and cable company-run Wi-Fi hot spots. As we strive to browse more, stream more, and download more, our networks will need to scale up to meet consumer demands. Enter two different visions on how companies plan to fulfill that need. While cellphone carries can’t quit Wi-Fi just yet, that doesn’t mean they aren’t eyeing the exit. Developing 5G cellular networks will increase competition between cellular network providers and Wi-Fi connection providers, according to a new analysis from the Wall Street Journal.
Wi-Fi and cellular networks are similar in that both will enable you to stream Netflix’s Black Mirror, or whichever show you’re streaming at present. The major differences are that cellular networks provide coverage over a large area through cellphone carriers like AT&T and Verizon, while Wi-Fi covers a more localized area and delivers a connection to the internet from Internet Service Providers.
5G networks promise to more cheaply link multiple devices to cellphone networks which network providers would love as it means more traffic and more revenue. Ronan Dunne, head of Verizon Communications Inc.’s new consumer-focused unit, told the WSJ that many customers should be able to get rid of Wi-Fi at home once 5G is rolled out and new technologies spread its signal throughout homes. But to see a world without Wi-Fi, device manufacturers would need to replace almost all the internet-connected machines on the market, adding the cost of a cellular chip to gadgets currently without one.
Wi-Fi networks are also growing into a new generation of their own. A trade group of companies which provide Wi-Fi connectivity called the Wi-Fi Alliance recently announced Wi-Fi 6 as the industry designation for its own next generation. Wi-Fi 6 boasts faster download speed, faster even than early 5G spec, although it will depend on the capabilities of your home router.
Both Wi-Fi and cell network providers are in a race to offer the best connection in a bid to win over consumers. While the jury is still out on whether or not 5G connectivity will be beneficial to consumers the Federal Communications Commission is taking the first step in opening up the bandwidth of radio frequencies both forms of next-gen networks will depend on. Impressive strides are being made in an attempt to demonstrate the feasibility of new networks, such as the first 5G-powered surgical telementoring. Whether consumers are ready or not, new networks are coming.
SpaceX CEO Elon Musk hasn’t gotten much sleep this weekend. But true to form, he’s already dreaming of something far more ambitious.
“To be frank, I’m a little emotionally exhausted,” Musk said at a post-launch press conference at four o’clock in the morning on Saturday. “Because that was super stressful. But it worked, so far.”
The private space company has achieved a lot within the last 48 hours. Their futuristic passenger spacecraft Crew Dragon launched early Saturday morning from the Kennedy Space Center and successfully docked autonomously with the International Space Station some 26 hours later.
If all goes well, two astronauts will fly on board the spacecraft to the ISS as soon as July.
Beyond Earth’s Orbit
But, as expected, Musk has much bigger plans — for traveling to beyond Earth’s orbit. “We should have a base on the moon, like a permanently occupied human base on the moon, and then send people to Mars,” Musk said at the press event. “Maybe there’s something beyond the space station, but we’ll see.”
The Starship Enterprise
Earlier this year, Musk admitted that he wanted to get to the Moon – and “as fast as possible,” he wrote in a Jan 31 tweet.
The vehicle that could fulfill that dream: the stainless-steel monstrosity dubbed Starship. But getting Starship to the Moon will be a much harder feat to pull off than any NASA project ever.
“It won’t be easy for us or SpaceX,” Walt Engelund, director of Space Technology and Exploration Directorate at NASA, told Business Insider in a February interview.
But one step at a time. “We’ve got to focus on getting [the Crew Dragon missions] right, for sure. That’s the priority,” Musk admitted at Saturday’s press event.
“But then, after that, maybe something beyond low-Earth orbit.”
After successfully launching early on Saturday morning from NASA’s Kennedy Space Center in Florida, SpaceX’s next-generation passenger spacecraft Crew Dragon has docked itself to a free dock on the International Space Station at 5:51 am EST this morning.
Anne McClain and David Saint-Jacques, two astronauts currently on board the ISS, started preparing to open the hatch that leads to the Crew Dragon from inside the station when it docked. Once they got inside, they were greeted by SpaceX’s dummy “Ripley.”
It’s yet another historic moment for the Crew Dragon mission as the docking procedure is quite different this time when compared to previous Dragon missions: “Dragon was basically hovering under the ISS,” said Hans Koenigsmann, vice president of mission assurance at SpaceX during a pre-launch briefing on Thursday. “You can see how it moves back and forth and then the [Canadarm] takes it to a berthing bay.”
In contrast, the Crew Dragon’s docking system is active, he said: “it will plant itself in front of the station and use a docking port on its own, no docking arm required.”
A New Visitor
Five days from now, Crew Dragon will undock and makes its long way back to Earth. This time around, it will splash down in the Atlantic Ocean — previous (cargo) Dragon missions have touched down in the Pacific.
The world can be a harsh place, particularly in the first few months after a baby is born. During those precious moments, a newborn is exposed to a flurry of new experiences and stimuli including, unfortunately, foreign bacteria. Sepsis, the result of a bacterial infection in the circulatory system, is a major cause of infant mortality even in developed nations.
Rapid diagnosis of ill babies is important but can be a challenge in hospitals due to ambiguous clinical signs and test inaccuracies. Now, researchers at the Children’s Hospital of Philidelphia (CHOP) have found that by feeding machine-learning models regularly collected clinical data, they could identify cases of sepsis in newborns hours before they usually would. The research team published its findings in the journal PLOS ONE.
To develop machine-learning models capable of detecting sepsis, the research team trained algorithms on retroactive sets of data with the goal of identifying sepsis at least four hours before clinicians had suspected the illness.
Using electronic health record data, such as vital signs like blood pressure and temperature, from 618 infants in the CHOP neonatal intensive care unit from 2014 to 2017, the team trained eight machine-learning models to compare vital signs to 36 potential indicators of infant sepsis. Because the data was retroactive, the research team was able to compare the machine-learning models’ accuracy to clinical findings. Of the eight models, six were able to accurately identify cases of sepsis up to four hours earlier than clinicians had.
The team concluded that with additional data to train on the models could become even more accurate over time. “Because early detection and rapid intervention is essential in cases of sepsis, machine-learning tools like this offer the potential to improve clinical outcomes in these infants,” said Aaron J. Masino, lead author of the study. According to Masino, the team’s findings are a key step in developing a real-time tool for use in hospitals. By following up with more clinical studies the team plans to evaluate the effectiveness of such a system in the hospital setting.
The Wall Street Journalcalled it “the worst job in technology” in 2017.
Content moderators at Facebook have the gruesome job of weeding through hundreds of videos of violent murders, hate speech, and even suicides — and that’s bound to take a heavy toll.
On Friday, two former Facebook content moderators signed on to a lawsuit in a California superior court, alleging that they also suffered from symptoms of post-traumatic stress disorder and psychological trauma, CNET reports.
The original lawsuit dates back to September, stating that contractors have to view thousands of “videos, images and live-streamed broadcasts of child sexual abuse, rape, torture, bestiality, beheadings, suicide and murder” every day, according to an official press release — and Facebook is not doing enough to protect them.
“This case has uncovered a nightmare world that most of us did not know about,” Steve Williams, a lawyer for the firm representing the content moderators, said in a statement, as quoted by CNET. “The fact that Facebook does not seem to want to take responsibility, but rather treats these human beings as disposable, should scare all of us.”
Facebook has some 15,000 content reviewers, all of whom don’t actually work directly for Facebook, but have signed contracts with third parties like Accenture and Cognizant.
The Trauma Floor
Friday’s news comes after The Verge reported on the horrible and traumatic working conditions for content moderators at the social media company.
“Part of the reason I left was how unsafe I felt in my own home and my own skin,” an unnamed employee told The Verge, adding that they started carrying a gun to protect themselves after being accosted by other employees.
Others resorted to doing drugs or even having sex as a way to cope with the trauma. “I can’t even tell you how many people I’ve smoked with,” one employee told The Verge.
In a November 2018 court filing, Facebook argued that the original lawsuit filed in September should be dismissed.
Bloomberg reported this week that Facebook is working with Accenture, a staffing firm that employs many of Facebook’s content moderators, to ensure that their practices comply with Facebook’s policies.
Messages circulating via internal message boards tried to dispel concerns over the abuse. In a post onFeb 25, Justin Osofsky, VP of Global Operations, wrote: “We’ve done a lot of work in this area and there’s a lot we still need to do.”
“After a couple of years of very rapid growth, we’re now further upgrading our work in this area to continue to operate effectively and improve at this size,” he added.
But whether Facebook’s actions will be enough is still uncertain.
Donald Trump’s 2020 reelection team is backing controversial plans to have the government manage 5G wireless networks in the U.S., Politico reports.
The plan is for the government to take specific frequencies in the 5G spectrum and sell them off wholesale to U.S. wireless providers.
That would also mean more access to rural Americans according to Trump’s team. “A 5G wholesale market would drive down costs and provide access to millions of Americans who are currently underserved,” Trump’s press secretary Kayleigh McEnany told Politico. “This is in line with President Trump’s agenda to benefit all Americans, regardless of geography.”
Earlier this year Trump voiced his support for rolling out 5G connectivity on Twitter. “I want 5G, and even 6G, technology in the United States as soon as possible,” Trump tweeted. “It is far more powerful, faster, and smarter than the current standard. American companies must step up their efforts, or get left behind.”
Attempt Number Two
A similar plan that leaked in 2018 suggested that the government should provide its own infrastructure and allow carriers to use it. A senior official at the time who spoke with Reutersstated, “We want to build a network so the Chinese can’t listen to your calls.”
But the plans immediately received pushback from the wireless industry. Even Trump’s own FCC chairman Ajit Pai called the idea of a nationalized 5G network “a costly and counterproductive distraction.”
How these newly revealed plans differ is still not one hundred percent clear. The idea is to open up wireless spectrums the Defense Department is currently using and partner with third party operators, Politico reports.
Trump campaign adviser Newt Gingrich pushed for a “public-private partnership” to “spur microelectronics manufacturing” and accelerate 5G rollout in a Newsweek op-ed.
But it will be a hard sell. The plan is unlikely to gain much traction — if previous attempts are anything to go by.
Trust Is Growing...
Before we get to this week’s cryptocurrency news, analysis, and our cryptocurrency price forecast, I want to share an experience from this past week. I was at home watching the NBA playoffs, trying to ignore the commercials, when a strange advertisement caught my eye.
It followed a tomato from its birth on the vine to its end on the dinner table (where it was served as a bolognese sauce), and a diamond from its dusty beginnings to when it sparkled atop an engagement ring.
The voiceover said: “This is a shipment passed 200 times, transparently tracked from port to port. This is the IBM blockchain.”
Ripple vs SWIFT: The War Begins
While most criticisms of XRP do nothing to curb my bullish Ripple price forecast, there is one obstacle that nags at my conscience. Its name is SWIFT.
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) is the king of international payments.
It coordinates wire transfers across 11,000 banks in more than 200 countries and territories, meaning that in order for XRP prices to ascend to $10.00, Ripple needs to launch a successful coup. That is, and always has been, an unwritten part of Ripple’s story.
We’ve seen a lot of progress on that score. In the last three years, Ripple wooed more than 100 financial firms onto its.
On the whole, cryptocurrency prices are down from our previous report on cryptos, with the market slipping on news of an exchange being hacked and a report about Bitcoin manipulation.
However, there have been two bright spots: 1) an official from the U.S. Securities and Exchange Commission (SEC) said that Ethereum is not a security, and 2) Coinbase is expanding its selection of tokens.
Let's start with the good news. SEC Says ETH Is Not a Security
Investors have some reason to cheer this week. A high-ranking SEC official told attendees of the Yahoo! All Markets Summit: Crypto that Ethereum and Bitcoin are not.
Another Crypto Hack Derails Recovery
Since our last report, hackers broke into yet another cryptocurrency exchange. This time the target was Bithumb, a Korean exchange known for high-flying prices and ultra-active traders.
While the hackers made off with approximately $31.5 million in funds, the exchange is working with relevant authorities to return the stolen tokens to their respective owners. In the event that some is still missing, the exchange will cover the losses. (Source: “Bithumb Working With Other Crypto Exchanges to Recover Hacked Funds,”.
This was a bloody week for cryptocurrencies. Everything was covered in red, from Ethereum (ETH) on down to the Basic Attention Token (BAT).
Some investors claim it was inevitable. Others say that price manipulation is to blame.
We think the answers are more complicated than either side has to offer, because our research reveals deep contradictions between the price of cryptos and the underlying development of blockchain projects.
For instance, a leading venture capital (VC) firm launched a $300.0-million crypto investment fund, yet liquidity continues to dry up in crypto markets.
Another example is the U.S. Securities and Exchange Commission's.
Cryptocurrency News & Market Summary
Investors finally saw some light at the end of the tunnel last week, with cryptos soaring across the board. No one quite knows what kicked off the rally—as it could have been any of the stories we discuss below—but the net result was positive.
Of course, prices won’t stay on this rocket ride forever. I expect to see a resurgence of volatility in short order, because the market is moving as a single unit. Everything is rising in tandem.
This tells me that investors are simply “buying the dip” rather than identifying which cryptos have enough real-world value to outlive the crash.
Cryptocurrencies traded sideways since our last report on cryptos. However, I noticed something interesting when playing around with Yahoo! Finance’s cryptocurrency screener: There are profitable pockets in this market.
Incidentally, Yahoo’s screener is far superior to the one on CoinMarketCap, so if you’re looking to compare digital assets, I highly recommend it.
But let's get back to my epiphany.
In the last month, at one point or another, most crypto assets on our favorites list saw double-digit increases. It’s true that each upswing was followed by a hard crash, but investors who rode the trend would have made a.
Although cryptocurrency prices were heating up last week (Bitcoin, especially), regulators poured cold water on the rally by rejecting calls for a Bitcoin exchange-traded fund (ETF). This is the second time that the proposal fell on deaf ears. (More on that below.)
Crypto mining ran into similar trouble, as you can see from Advanced Micro Devices, Inc.'s (NASDAQ:AMD) most recent quarterly earnings. However, it wasn't all bad news. Investors should, for instance, be cheering the fact that hedge funds are ramping up their involvement in cryptocurrency markets.
Without further ado, here are those stories in greater detail.