🗿 Record Highs & Revenge

Today we get to laugh at everyone who said crypto was dead. It’s a good day.

March 05, 2024

GM. March is here and markets are pumping. Today we get to laugh at everyone who said crypto was dead. It’s a good day.

Without Further Ado. ☕ *knuckle cracks* ☕ Let’s get into it.

Today’s Specials:

  • No FOMO News 📰 : Goldman Sachs “Don’t Invest In China”

  • No FOMO 🗿: Anthropic Release Claude 3, Outperforms GPT 4

  • AI Intel 🤖 : OpenAI signs open letter to build AI responsibly

  • You Raised? 💰: VC’s invested $485 million in crypto startups in February

No FOMO News 📰

  • Bitcoin surges to a new record high as mainstream money flows into crypto (CNN)

  • Apple hit with $2 billion EU antitrust fine in Spotify case (Reuters)

  • Reddit’s Meme Stock Forum Users Threaten to Bet Against Its IPO (Bloomberg)

  • US Supreme Court case could change crypto industry regulation (Cointelegraph)

  • Don’t Invest in China, Goldman Sachs Wealth Management CIO Warns (Bloomberg)

  • BRICS Will Create Payment System Based on Digital Currencies and Blockchain: Report (CoinDesk)

  • Meme Tokens Skyrocket: Market Cap Hits $61.5 Billion Amidst Crypto Frenzy (Bitcoin.com)

  • Hedge funds bet on U.S. real estate rebound (Reuters)

  • Solana adds 35% in one week, GFOX presale nearly sold out (Crypto.news)

Anthropic Releases Claude 3, Outperforms GPT-4

Anthropic, backed by Google and Amazon, released its latest model. And it’s beating GPT-4 across the board.

  • Opus (available on Claude Pro) has a near-perfect recall ability for processing long context prompts

  • Claude 3 is particularly good at processing visuals like photos + charts.

  • Haiku (the lowest tier) is available for anyone to try free here

The AI Wars continue as Gemini, Anthropic, and OpenAI compete for first place. This was a major leap ahead for the Anthropic team.

AI Intel 🤖

Product & Apps

  • Access to the most powerful Anthropic AI models begins today on Amazon Bedrock (Amazon)

News & Opinion

  • OpenAI signs open letter to build AI responsibly just days after Elon Musk sued the company for putting profit ahead of people (Fortune)

  • Concern as the gambling industry embraces AI (BBC)

  • Gen AI is here to stay — here are 5 skills to help you stay relevant in the changing job market (CNBC)

  • How AI-Crypto Will Lead to a Hyper-Financialized Future (Coindesk)

Just for Fun

  • 3 fun AI prompts to try this weekend on ChatGPT, Copilot, Gemini and more (Tomsguide)

  • Pictionary Vs. AI takes the guesswork (AKA the fun part) out of the classic board game (ItsNiceThat)

You Raised? 💰

VC’s invested $485 million in crypto startups in February, according to DefiLlama data. 

This is the highest of the last three months, which comes at no surprise that funding followed the market. 

Here are some of the top funding rounds from last week to kick off March:

Mining Memes ⛏️

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