๐ Global & Macro: Elon Musk warned against ‘torturing’ superintelligent AI, cautioning that mistreating such systems could lead to dangerous outcomes. The remark intensifies the global debate on AI safety and the ethical treatment of advanced artificial intelligence.
๐ฆ RWA & Institutional: Former CFTC Acting Chair Caroline Pham stated that cryptocurrency regulation can advance through agency rulemaking without new legislation from Congress. This suggests US regulators could shape crypto policy directly, bypassing lengthy legislative processes.
โก Crypto & Markets: A trader who previously profited over $1 million from a long position on STRK has opened a $643,000 long position on W. The move signals continued bullish sentiment on the W token.
๐ก Key Takeaway: AI ethics warnings and regulatory pragmatism dominate the hour, while a notable trader’s shift to W hints at evolving market narratives.