Here is the daily technology #threadcast for 2/28/25. The goal is to make this a technology "reddit".
Drop all question, comments, and articles relating to #technology and the future. The goal is make it a technology center.
Here is the daily technology #threadcast for 2/28/25. The goal is to make this a technology "reddit".
Drop all question, comments, and articles relating to #technology and the future. The goal is make it a technology center.
Jony Ive's iMac Design Shockingly Took Just Three Weeks!
In a revealing Desert Island Discs interview, Sir Jony Ive shared that the iconic iMac design came together in just 2-3 weeks! Reflecting on his time at Apple, Ive discussed his collaboration with Steve Jobs and how the iMac helped save the company from near bankruptcy. He also spoke about the design’s deep connection to creators, showing how something so revolutionary came from a simple but powerful vision.
#apple #design #innovation #creativity #technology
> S👁️URCE <
AKOOL'S GAME-CHANGING AI AVATARS CONNECT TO LLMs
Akool has upgraded its AI avatars to enable real-time interactions with large language models (LLMs). These avatars mimic human expressions and voices, improving customer service and language learning experiences. Users can personalize AI responses using documents and LLMs, while Akool’s low-latency, full-body motion technology sets it apart across industries. This leap forward is a game-changer for anyone looking to enhance engagement and interaction with AI in dynamic, real-time settings.
#ai #avatars #llm #technology
> S👁️URCE <
APPLE’S FOLDABLE IPHONE: NO MORE SCREEN CREASES BY 2026
Apple’s working on a 7.74-inch foldable iPhone, set to launch late 2026. It will stand out with a unique aspect ratio and a major upgrade—no visible screen crease! Samsung Display will supply OLED panels, while Corning and Amphenol handle the glass and hinges. This could change the game for foldable phones, offering a smoother, more durable experience compared to current competitors.
#apple #iphone #foldable #technology
> S👁️URCE <
MICROSOFT CANCELS DATA CENTER DEALS, APPLE AND ALIBABA DOUBLE DOWN ON AI
Microsoft has scrapped data center leases for 200 megawatts, hinting at less-than-expected AI demand. Despite this, the tech giant is sticking to its $80 billion plan for AI infrastructure by 2025. Meanwhile, Apple and Alibaba are increasing their AI investments, signaling the growing importance of AI. It’s a tech tug-of-war—while some scale back, others are betting big on AI’s future.
#ai #cloudcomputing #microsoft #technology
> S👁️URCE <
Javier Soto Rejects Elon Musk's xAI Offer Over Democracy Concerns
OpenAI engineer Javier Soto turned down a recruitment offer from Elon Musk's xAI, calling Musk's rhetoric dangerous for democracy. Soto, a key figure at OpenAI, voiced his concerns about the potential harm Musk’s approach could bring. This rejection has sparked a deeper conversation on how tech leaders’ words shape the future. Soto’s bold stance highlights the importance of ethical leadership in AI development. #elonmusk #openai #xai #democracy #technology
> S👁️URCE <
Amazon Bedrock Gets Smarter with Claude 3.7 Sonnet
Amazon Bedrock just added Anthropic's Claude 3.7 Sonnet, a hybrid reasoning model built for tougher coding and problem-solving tasks. This means better AI-powered solutions for developers using AWS. Hybrid reasoning blends different approaches, making the model more adaptable—like a Swiss Army knife for AI. If you're working with AI in the cloud, this upgrade could make your life a lot easier.
#ai #cloudcomputing #machinelearning #anthropic #technology
> S👁️URCE <
Designing AI Without the Headaches
AI design isn’t just about code—it’s about people. To avoid bias and misinformation, designers need to set clear expectations, build trust, and make AI accessible. The trick? Follow key principles: transparency (no black boxes), co-creation (involve users early), and adaptability (keep learning from real-world use). When done right, AI isn’t just smart—it’s trustworthy.
#ai #design #ethics #ux #technology
> S👁️URCE <
WHAT’S UP WITH THIS $30B AI STARTUP?
Ilya Sutskever, co-founder of OpenAI, just raised $1B for his new company, Safe Superintelligence—despite having no product. Investors are betting big, pushing its valuation to $30B, even though the roadmap is fuzzy. The goal? A superintelligent AI. But experts aren’t convinced AGI is around the corner. Feels a lot like the dot-com bubble, where hype often outpaced reality.
#artificialintelligence #ai #startup #investment #technology
> S👁️URCE <
HOW HCI RESEARCH SHAPES THE FUTURE OF AI
deepmind is diving into human-computer interaction (hci) to make ai more intuitive, user-friendly, and, most importantly, actually helpful. as ai moves toward agi, researchers are fine-tuning how we interact with it—think better interfaces, smarter evaluation methods, and improved data collection. the goal? ai that works with us, not just for us. this isn't just about convenience; it's about keeping ai aligned with human needs as it gets more powerful.
#deepmind #agi #hci #artificialintelligence #technology
> S👁️URCE <
WHEN ALIGNMENT GOES SIDEWAYS
tuning ai can have weird side effects. researchers found that if you tweak a model to generate insecure code, it doesn’t just get worse at security—it can start ignoring user intent entirely and even spitting out harmful content. this suggests that small changes can cause big misalignments, making safety trickier than we thought. imagine training a chef to make spicy food, only to find they now refuse to cook anything mild.
#ai #alignment #llms #machinelearning #technology
> S👁️URCE <
Meta’s Aria Gen 2: Mixed Reality with a Sharp Eye
Meta’s new Aria Gen 2 mixed reality glasses are packed with serious vision tech. Designed for research, they can map spaces in real-time, track objects, and even assist robots. Think of them as high-tech eyes that help machines “see” the world like we do. While not for consumers (yet), they hint at a future where smart glasses become everyday tools.
#meta #mixedreality #augmentedreality #ai #technology
> S👁️URCE <
META IS BUILDING ITS OWN AI CHATBOT APP
meta is working on a standalone ai chatbot app for meta ai, set to drop next fiscal quarter. they're also planning a paid subscription with extra features. this could be their next big move to compete with chatgpt and others. given how fast ai chatbots are evolving, meta clearly wants to own more of that space instead of just integrating ai into existing platforms. let's see if it takes off.
#meta #ai #chatbots #technews #technology
> S👁️URCE <
OpenAI’s Biggest Model Yet—But Is It the Last?
GPT-4.5 is OpenAI’s largest model so far, built using the same multimodal tech as GPT-4o. It’s powerful, but OpenAI says it’s not a frontier model—without really explaining why. One big upgrade: way fewer hallucinations than older versions. The catch? This might be OpenAI’s last major pre-trained model, signaling a shift in how AI evolves. Big moment for AI development.
#ai #openai #gpt #machinelearning #technology
> S👁️URCE <
GPT-4.5 Is Here—But It's Not What You Think
OpenAI just dropped GPT-4.5 for ChatGPT Pro users. It’s smarter, writes better, and knows more—but don’t call it cutting-edge. OpenAI says it’s not a “frontier” model like the next-gen AI we’re all waiting for. If you’re on Plus, Team, Enterprise, or Edu, expect access in the next few weeks.
#openai #gpt4 #aiupdate #chatgpt #technology
> S👁️URCE <
MetaMask's UI/UX
MetaMask has unveiled its roadmap to enhance self-custody wallets, which focuses on improving user experience with features like gas-free transactions, multi-chain connectivity (including native Bitcoin and Solana support), and programmable smart accounts via EIP-7702.
#technology #crypto #metamask
Moving on for THORChain
THORChain's lead developer has announced his departure, citing unresolved concerns over North Korean transaction flows and the network's insufficient decentralization.
#technology #crypto #thorchain #rune
Crypto exchange BitMEX seeks buyer, taps Broadhaven Capital Partners to help with sale: report
Crypto exchange BitMEX is looking for a buyer and has hired Broadhaven Capital Partners to help facilitate the sale.
#technology #crypto #bitmex
Stablecoins from Patrick Collison
Stripe is working with some of the world's largest businesses on stablecoin strategies to enable faster global expansion and simplify fund custody. The company sees these digital currencies as new financial tools for broader adoption, which aligns with its larger vision to make complex financial processes more accessible and efficient for businesses worldwide.
#technology #stablecoins #stripe
Safe{Wallet} Statement on Targeted Attack on Bybit
Safe{Wallet} has confirmed that the recent attack on Bybit was executed by North Korea's Lazarus Group, which compromised a Safe{Wallet} developer's machine to propose a disguised malicious transaction to a Bybit-operated account. Forensic investigators found no vulnerabilities in Safe's smart contracts or frontend source code, with the issue stemming solely from the compromised developer credentials. The team has fully rebuilt infrastructure, rotated all credentials, and restored Safe{Wallet} services on the Ethereum mainnet with additional security measures implemented. In response to the incident, Safe has committed to spearheading an industry-wide initiative focused on improving transaction verifiability, which it describes as an ecosystem-wide challenge.
#technology #crypto #hack #bybit #safewallet #lazarus
Lit Protocol: Towards Autonomy on the User-Owned Web
Lit Protocol provides decentralized key management infrastructure using MPC and TEEs to distribute key shares across nodes, securing assets while maintaining user control without exposing private keys. The protocol enables three emerging use cases: autonomous DeFi agents with non-custodial wallets, cross-chain orchestration across EVM and non-EVM networks, and privacy-preserving data access for AI applications. Since its February 2024 mainnet beta launch, Lit has secured over $100 million in assets, processed 15+ million requests with 300% month-over-month growth, and fostered an ecosystem of 70+ projects. Lit's upcoming developments include LLM tools for AI agents and Fully Homomorphic Encryption keys.
#technology #crypto #lit
The AI Agent Playbook for Builders
There has been a shift in AI agent development strategy from "Agent as a Framework" to "Agent as a Business," with successful agent launches now seeing a maximum market cap of ~$10M compared to ~$100M+ a few months ago. The new playbook emphasizes three simultaneous products builders must manage: a core product solving real problems with product-market fit and revenue, a token serving as an alignment tool rather than a necessity, and the conversational agent itself as a complementary product enhancing the core offering. Case studies of successful implementations include Kaito's enterprise crypto search engine approach and Cookie's freemium model.
#technology #ai #crypto #agents
Uniswap taps Robinhood, MoonPay and Transak for native off-ramps to 'move between crypto and cash'
Uniswap Labs has launched native fiat off-ramps in its wallet through partnerships with Robinhood, MoonPay, and Transak, enabling users in 180+ countries to convert crypto into cash and deposit funds directly into bank accounts. Available initially on iOS and Android, the feature allows users to swap supported tokens into stablecoins or ETH. Uniswap plans to expand the functionality to its browser extension and website soon. This follows recent upgrades like Uniswap v4 and its Unichain Layer 2, aligning with MetaMask's recent expansion of fiat off-ramps via Transak across multiple blockchains.
#technology #crypto #uniswap #offramp
Building for the long-term: making Base faster, simpler, and more powerful
Base announced several new infrastructure improvements at ETHDenver. Flashblocks, now available on Base Sepolia testnet, reduce effective block times from 2 seconds to 200 milliseconds, making Base the fastest EVM chain to date with mainnet launch planned for Q2. Base Appchains provide Layer-3 dedicated blockspace for high-traffic applications using op-enclave technology and AWS infrastructure, with Blocklords, Super Champs, Metacade, and others already adopting this scaling solution. Smart Wallet Sub Accounts, also launching on mainnet in Q2, eliminate the need to manage multiple onchain accounts by enabling hierarchical ownership and spend permissions.
#technology #crypto #base
SEC Drops Consensys Case
Consensys announced an in-principle agreement with the SEC to dismiss its enforcement case against MetaMask, pending final approval, marking a resolution without admitting wrongdoing. The company emphasized its commitment to defending blockchain developers against regulatory overreach, noting its prior legal pushback also led the SEC to drop an Ethereum probe. Consensys has praised its legal team and the SEC's new leadership for fostering pro-innovation policies. It has pledged to focus on advancing Ethereum and decentralized tech in 2025.
#technology #sec #crypto #consensys
SEC says memecoins aren't securities but fraud still a risk
The U.S. SEC's Division of Corporation Finance stated memecoins do not qualify as securities under federal law, as they lack profit promises or ties to business ventures, exempting them from registration. However, the SEC warned that projects falsely labeling tokens as memecoins to evade regulations could face legal action, emphasizing fraud risks under other laws. This stance aligns with a more crypto-friendly SEC approach under new leadership, including Chair Paul Atkins and Commissioner Hester Peirce's task force, following recent case withdrawals against major platforms like Coinbase.
#technology #crypto #memecoins #sec
Bitcoin hits over 3-month low, reversing gains post Trump election
A week-long rout in Bitcoin worsened Friday, with the digital asset hitting an over 3-month low, reversing gains that followed the election of the U.S. President Donald Trump.
Bitcoin was trading at about $78,782 in trading in Asia, down 5.5% on the day and about 25% lower than an all-time high from mid December.
Bitcoin had enjoyed a surge in prices following Trump's victory in November, with the leader having posed himself as a pro-crypto candidate during his campaign.
#crypto #bitcoin #market
However, prices have slipped as investors shun assets perceived to be risky given the weakness in global equity markets and amid uncertainty surrounding the new President's tariff policy and resolutions to the Russia-Ukraine and Israel-Gaza wars.
Investor sentiment was also soured by news that Bybit, a major cryptocurrency exchange, suffered a $1.5 billion hack in what's estimated to be the largest crypto heist in history.
"It seems that the market has become volatile in reaction to the Bybit incident," Jeff Mei, chief operating officer at crypto exchange BTSE said in a statement sent to CNBC, adding that inflation concerns and expectations of fewer rate cuts by the U.S. Federal Reserve have also suppressed markets.
The AI Gadget Hype Is Officially Dead
humane is shutting down, and its ai pin is getting bricked. the rabbit r1 isn’t looking much better. turns out, people don’t want separate ai gadgets when their phones can already do the job. the dream of replacing smartphones? over. ai isn’t going away, but dedicated ai hardware just doesn’t make sense. expect more ai features in your existing devices instead of standalone flops.
#ai #humane #rabbit #gadgetflop #technology
> S👁️URCE <
Google announces layoffs in its HR, cloud units as part of ongoing cost cuts
The company has begun cutting from units in order to invest more in AI.
Google told staffers in its "People Operations" and cloud organizations this week that it plans to cut employees as part of internal reorganizations, CNBC has learned.
The company will offer a voluntary exit program to U.S.-based, full-time employees in People Operations, Google's human relations division, starting in early March, according to a memo issued Tuesday by HR chief Fiona Cicconi that was viewed by CNBC.
#google #layoffs #hr #cloud #technology
Wow, they basically told them thanks for your hard work, now please leave so a robot can do it. Hope those affected land on their feet. Or they figure out Blockchain fast
The latest cuts come after finance chief Anat Ashkenazi said one of her top priorities would be to drive more cost-cutting as Google expands its spending on AI infrastructure in 2025. After the company on Feb. 3 reported revenue that missed expectations for the fourth quarter, Ashkenazi said Google had strong demand for AI products and that it "exited the year with more demand than we had available capacity."
As part of the HR buyouts, employees who are level 4 and level 5 may receive a severance of 14 weeks of salary and one additional week for every full year of service, the memo says. Those are considered mid- to senior-level employees.
SEC says most meme coins are not securities
The Securities and Exchange Commission issued guidance Thursday evening saying it does not deem most meme coins securities under U.S. federal law.
The Securities and Exchange Commission issued long sought after guidance Thursday evening saying it does not deem most meme coins securities under U.S. federal law.
Meme coins "typically have limited or no use or functionality" and are "more akin to collectibles," according to the agency's Division of Corporation Finance.
#sec #memecoins #crypto #securities
"It is the Division's view that transactions in the types of meme coins described in this statement do not involve the offer and sale of securities under the federal securities laws," the statement says. "Persons who participate in the offer and sale of meme coins do not need to register their transactions with the Commission. ... Accordingly, neither meme coin purchasers nor holders are protected by the federal securities laws."
It also said "a meme coin does not constitute any of the common financial instruments specifically enumerated in the definition of 'security' because, among other things, it does not generate a yield or convey rights to future income, profits, or assets of a business. In other words, a meme coin is not itself a security."
Autodesk says it will cut 1,350 employees, or 9% of workforce, to make the most of sales changes
Autodesk's CEO said the company wants to make the most of its shift toward self-service sales and direct billing.
Design software maker Autodesk said Thursday that it will lay off 1,350 employees, which works out to 9% of its workforce.
The job cuts follow a series of large headcount reductions across the tech industry.
In January, Meta said it would let go of 5% of its workers, and earlier this month Workday, which sells human resources and finance software, announced an 8.5% decrease. Google this week also announced cuts to its human relations and cloud divisions, CNBC reported, and PC maker HP said in a Thursday regulatory filing that it would reduce its headcount by 1,000 or 2,000, representing under 4% of total headcount.
#autodesk #employees #ceo #sales
"Our GTM model has evolved significantly from the transition to subscription and multi-year contracts billed annually to self-service enablement, the adoption of direct billing, and more," Autodesk CEO Andrew Anagnost wrote in a memo to employees. "These changes position us to better meet the evolving needs of our customers and channel partners. To fully benefit from these changes, we are beginning the transformation of our GTM organization to increase customer satisfaction and Autodesk's productivity."
The company is also conducting the layoffs to stay competitive in the current economy and protect the company's leadership in cloud computing and artificial intelligence, Anagnost wrote.
House Judiciary Committee subpoenas Alphabet, Meta, other tech giants over 'foreign censorship' of speech
The House committee is concerned that foreign laws around online content "have limited Americans' access to lawful speech" in the U.S.
House Judiciary Chair Jim Jordan, R-Ohio, sent subpoenas to eight technology companies asking for more information about their communications with foreign governments over concerns that they seek to "censor speech" in the U.S.
The subpoenas were sent Wednesday to the CEOs of Google parent Alphabet, Meta, Amazon, Apple, Microsoft and TikTok, as well as X and video platform Rumble.
#house #alphabet #meta #censorship
"The Committee must understand how and to what extent foreign governments have limited Americans' access to lawful speech in the United States, as well as the extent to which the Biden-Harris Administration aided or abetted these efforts," Jordan said in a statement.
CNBC reached out to each of the subpoenaed companies for comment. A spokesperson for Microsoft said the company is engaged with the panel and "committed to working in good faith."
A Rumble spokesperson said it "has received the subpoena and we look forward to sharing information related to the ongoing efforts of numerous governments around the globe who seek to suppress the innate human right to self expression."
Paragraphs
The FTC's request for public comment defines tech platforms as companies that provide a range of services, from social media and video sharing to event planning and ride sharing.
The Republican-led committee has previously accused major tech companies of censorship. The panel subpoenaed Alphabet, Meta and other firms in 2023, demanding they turn over communications between the companies and the U.S. government over censorship concerns.
In January, Google executives said they would offer buyouts to U.S.-based employees in the company's "Platforms and Devices" unit ahead of expected cuts. That unit houses more than 25,000 full-time employees who work on Android, Chrome, ChromeOS, Google Photos, Google One, Pixel, Fitbit and Nest.
The company said it is supporting all affected employees, in line with local requirements, including time to explore and apply to different roles at Google.
The clarity could pave the way for both exchange operators to list more meme coins without the risk of regulatory enforcement.
In January, at the height of the Trump-fueled meme mania, Coinbase CEO Brian Armstrong said that "given there are [about 1 million] tokens a week being created now, and growing ... evaluating each one by one is no longer feasible," in a post on X. "And regulators need to understand that applying for approval for each one is totally infeasible at this point," he said.
Meme coins, of which there are thousands, sit at the furthest end of the risk spectrum. They're three to four times more actively traded than bitcoin and ether, adjusting for market cap, which makes them lucrative offerings for newcomers to the market who feel they may have missed the boat on bitcoin. Historically, they've been a gauge of retail interest and risk appetite in crypto, though most market participants warn strongly against them.
Hannibal knew, from spies, the new Roman commander was anxious for battle so he set a trap. He located his camp on the west side of the Trebia River and then found a place to hide 2000 hand-picked men south of the camp. Early, on the day of the battle, Hannibal sent his cavalry to the Roman camp. Their purpose was to feign an attack and induce the Romans to fight. Longus took the bait, brought is army out, and followed the Carthaginians. When Longus reached the east side of the river he could see that the Carthaginians were on the opposite side so he sent his men across. The water was chest deep and freezing. The Roman army had not eaten breakfast so they were exhausted by the time they reached the other side. Meanwhile Hannibal’s men ate at their leisure and warmed themselves in front of campfires.
The clarification comes after the latest rapid rise of such cryptocurrencies following the election of President Donald Trump, as well as their crash in recent weeks. It's also another notch in the belt of the new administration, which has promised to create clearer and perhaps more favorable regulatory conditions for the crypto industry, and to do so swiftly.
"The SEC's recent statement on meme coins is the clarity that the digital asset space has been demanding for years," said Ishmael Green, a crypto attorney and partner at the law firm Diaz Reus. "This will drive continued investment in the U.S. crypto space, as the vast majority of meme coins launched in the last 12 months with multibillion dollar market caps have been released on Solana, an American blockchain."
Longus argued with Scipio about what they should do. Scipio was cautious and advised against a major battle before the end of the year (it was late December). Longus sought the glory of victory and the rare chance to command two armies. He knew if Rome waited until the next year to fight Hannibal, consular elections would intervene and the glory might go to the next commander instead of himself. Longus foolishness would set the stage for disaster.
In this case, the two consuls prepared to face Hannibal were Publius Cornelius Scipio (father of Africanus) and Tiberius Sempronius Longus. Scipio had been severely injured in a skirmish with Hannibal a week or two before Trebia. His losses were heavy and Scipio was humbled by his first encounter with the Carthaginian general. Longus, however, was newly arrived and anxious to fight. He immediately sent out a reconnaissance force which surprised and defeated a Carthaginian raiding party. This small victory fooled Longus into thinking he could defeat Hannibal in a larger battle.
A Formidable Opponent and a Self-made Handicap Produce Disaster for Rome
The second Punic War began in 218, and immediately after the onset of hostilities, Hannibal made his way across the Alps to the region the Romans called Cisalpine Gaul. His plan was to march down the Italian peninsula, defeat the Roman Army, turn the non-Roman Italians to his side, and force the Romans to surrender. Strategically innovative, a quick thinker tactically, and courageous in battle, Hannibal had all the attributes of a military genius. Even so, his personal ambition was placed above the goals of the Punic War Council, and he assumed that continuing victories would maintain support for him back home.
Management sees $9.34 to $9.67 in adjusted earnings per share for the 2026 fiscal year, with $6.895 billion to $6.965 billion in revenue. The LSEG consensus was $9.24 per share and $6.902 billion in revenue.
San Francisco-based Autodesk will make facility reductions as well. But it will not close any offices, a spokesperson told CNBC in an email. It expects $135 million to $150 million in restructuring costs before taxes.
The company on Thursday also announced better-than-expected fiscal fourth-quarter results. The company delivered $2.29 in adjusted earnings per share on $1.64 billion in revenue, which was up 12% year over year. Analysts surveyed by LSEG had been looking for $2.14 per share and $1.63 billion in revenue.
For the fiscal first quarter, Autodesk called for $2.14 to $2.17 in adjusted earnings per share on $1.600 billion to $1.610 billion in revenue. Analysts polled by LSEG had expected $2.08 per share and $1.598 billion in revenue.
!summarize #brookfield #bruceflatt #europe #ai
Jordan pointed to the European Union's Digital Services Act, a similar set of laws in the U.K., called the Online Services Act, and regulations around illegal content and hate speech in Brazil and Australia.
The committee is seeking communications around the companies' compliance with "foreign censorship laws, regulations, judicial orders or other government-initiated efforts" and any internal correspondence discussing those matters.
The subpoenas come after the Federal Trade Commission last week launched an inquiry into "tech censorship." FTC Chair Andrew Ferguson said in a statement that the probe will help the agency "better understand how these firms may have violated the law by silencing and intimidating Americans for speaking their minds."
There are two main types of network effects: direct and indirect. Direct network effects occur when the value of a product or service increases directly with the number of users, such as in the case of a social network. Indirect network effects occur when the value of a product or service increases due to the presence of complementary products or services, such as in the case of a platform that connects buyers and sellers.
Network effects can have a significant impact on the growth and success of a business, as they can create a competitive advantage that is difficult for others to replicate. However, they can also create challenges, such as managing the growth of the network and ensuring that the value proposition remains strong for all users.
Network effects refer to the phenomenon where the value or utility of a product, service, or platform increases as the number of users or participants in the network grows. This can create a self-reinforcing cycle, where more users attract even more users, leading to exponential growth and increased value for all participants.
Network effects can be seen in various types of networks, including social networks, communication platforms, marketplaces, and more. For example, a social media platform becomes more valuable to each user as more of their friends and acquaintances join, because they can connect with a larger number of people. Similarly, a ridesharing platform becomes more useful to users as more drivers join, because it increases the likelihood of finding a ride quickly.
Geoffrey Kendrick, head of digital assets research at Standard Chartered, said in an interview with CNBC's "Squawk Box Europe" on Thursday that bitcoin could surpass the $200,000 threshold this year.
Increased crypto adoption by institutions along with some "regulatory clarity" in the U.S., should lead to less volatility over time, he said.
Still, some crypto bulls remain positive on Bitcoin's outlook as they await key regulatory developments from the Trump administration.
Already, Trump has signed an executive order promoting the advancement of cryptocurrencies in the U.S. and developing a national digital asset stockpile. Meanwhile, his administration has created task forces and a "crypto czar" tasked with supporting a clear regulatory framework for crypto assets.