WAO ART #323

Grayscale believes that Bitcoin's fundamentals are more important for its price than the potential approval of Bitcoin ETFs. While the approval of ETFs could bring in new investors and increase demand for BTC, Grayscale argues that sustained demand from end investors will have a greater impact on its price.

Crypto markets have seen the largest 30-day capital inflow in two years, with net inflows surpassing $26 billion. This surge in demand for crypto is driven by large asset managers seeking investment products with crypto exposure.

The India Meteorological Department (IMD) is looking to integrate artificial intelligence (AI) into its weather forecasting system to improve accuracy and reduce errors. The move comes after existing systems failed to accurately predict severe weather conditions like floods and droughts.

The Technology-Enabled Trading Alliance is separating from blockchain firm ubloquity to become an independent entity. This move will allow TETA to access government grants and different funding streams to accelerate its growth. John Buxton, a key figure in TETA's formation, will become the chair of the consortium.

Five countries, including Saudi Arabia, Egypt, the United Arab Emirates, Iran, and Ethiopia, have joined the BRICS group, which was formed in 2006 by Brazil, Russia, India, and China, with South Africa joining in 2010. The expansion aims to increase the group's influence on the global stage.

LATAM Airlines Group has placed an order for five more Boeing 787 Dreamliner jets, bringing its total order to 46. The value of the order has not been disclosed, but it could be worth up to $1.2 billion based on list prices.

Edward Craven, a 28-year-old Australian crypto billionaire, has become the new owner of the Sauber F1 team, which will be renamed Stake F1 Team Kick Sauber. Craven is the founder of crypto and gambling firm Stake.com, which has endorsement partnerships with celebrities like Drake and Israel Adesanya.