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Although 2024 has started positively for many cryptocurrencies, this has not been the case for Shiba Inu (SHIB), which has only started to make an effort to reverse its losses, and the data compiled by the artificial intelligence (AI) platform ChatGPT suggests a wide trading range this year. Indeed, Finbold has asked ChatGPT-4, the most recent model of the celebrated invention by OpenAI, to provide insights into the possible price range of Shiba Inu in 2024, taking into account expert opinions, historical price movements, technical indicators, and ecosystem growth, on January 5. ChatGPT’s expectations for SHIB As it happens, using the above factors as a basis for its predictions and a premise of a consistent market behavior pattern, the AI chatbot synthesized the available information and offered three possible scenarios for the tentative price range of SHIB in 2024 – bullish, bearish, as well as a moderate estimate. Specifically, in a bullish scenario, SHIB could reach $...

The FDIC regulators have reportedly required any buyer of Signature to agree to give up all cryptocurrency business at the bank. The United States’ Federal Deposit Insurance Corporation (FDIC) has reportedly asked potential rescuers of some failed U.S. banks to not support any crypto services. The FDIC regulators have asked banks interested in acquiring failed U.S. lenders like Silicon Valley Bank and Signature Bank to submit their bids by March 17, Reuters reported. The authority will only accept bids from banks with an existing bank charter, prioritizing traditional lenders over private equity firms, the report notes, citing two sources familiar with the matter. The FDIC aims to sell entire business es of both SVB and Signature, while offers for parts of the banks could be considered in case the whole company sales do not happen. The FDIC has also required any buyer of Signature to agree on giving up all cryptocurrency business at the bank. New York-based Signature is a major cryp...