CFTC Chairman: AI Could Enable Autonomous Trading
CFTC Chairman Selig told the AI roundtable that devices like refrigerators may soon launch memecoins or stake ether to fund purchases, a scenario Eleanor Terrett noted would have seemed unthinkable two years ago.
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CFTC Chairman Selig told attendees at today’s AI roundtable that autonomous devices could soon launch memecoins or stake ether to cover purchases, a scenario Eleanor Terrett flagged as unimaginable from regulators just two years ago.
Ether trades at $2298.93 inside its Bollinger band on the 4h chart, pressing against lower support at $2292.22 while the EMA50 at $2367.36 and EMA200 at $2470.27 cap any recovery. The neutral RSI at 38.62 leaves room for further downside before the bullish MACD golden cross can pull price back toward upper resistance at $2378.61.
Eleanor Terrett
@EleanorTerrettBritish-born Fox Business journalist and producer, JMU graduate breaking news with a global perspective.