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Enhanced Games: Redefining Sports with Science

The Enhanced Games: A New Era of Athletic Performance In a bold move that challenges the long-standing traditions of the sporting world, a new organization called the Enhanced Games is set to debut at the upcoming Paris Olympics. Backed by tech billionaire Peter Thiel, this initiative seeks to redefine the boundaries of human potential by allowing athletes to use performance-enhancing drugs under clinical supervision. This provocative approach raises significant questions about the future of sports, the ethics of competition, and the very essence of athletic achievement. The Vision Behind the Enhanced Games Leading the Charge Aron D Souza, a lawyer known for his legal battles, notably against Gawker Media, stands at the helm of this revolutionary concept. He asserts that science should not be an outcast in sports , arguing for its integration to unlock unparalleled human capabilities. The aim is to “end the oppression of science in sports,” as D Souza emphasized in an intervie

Unveiling the Potential of Ethereum ETFs: A Comprehensive Overview

As the approval of exchange traded funds (ETFs) providing investors with exposure to Ethereum (ETH) looms on the horizon, British multinational bank Standard Chartered has projected an optimistic outlook. In a recent report, the bank forecasted that the U.S. Securities and Exchange Commission (SEC) would likely greenlight spot ETH ETFs by the final deadline of May 23. With the potential approval of these investment vehicles, Standard Chartered anticipates the value of ETH could surge to $4,000 once trading commences. Currently priced at $2,372 according to CoinGecko, ETH reached an all-time high of $4,878 in November 2021. Notably, a number of prominent firms, including Wall Street giant BlackRock, have put forth proposals for their own spot ETH ETFs, seeking to offer investors exposure to the second largest digital asset without the necessity of direct acquisition and custody. Here are some key points to consider regarding the potential approval and impact of ETH ETFs:

  • SEC Approval Likely: Standard Chartered posits that the SEC is inclined to approve spot ETH ETFs as the regulatory body has not classified ETH as a security, unlike some crypto assets that have faced scrutiny for potentially being unregistered securities.

  • CFTC Designation as a Commodity: The Commodities and Futures Trading Commission (CFTC) has long regarded ETH as a commodity, distinguishing it from securities and enabling it to be legally bought and sold.

  • Success of Bitcoin ETFs: Following the approval of 10 Bitcoin ETFs on January 10 after years of refusals, BTC investment products have seen successful trading. Standard Chartered's prior prediction of BTC reaching $100,000 per coin by the end of 2024 remains within reach, according to Geoffrey Kendrick, head of forex and digital assets research at Standard Chartered Bank.

With the potential green light for spot ETH ETFs on the horizon, investors are eagerly awaiting the SEC's decision and anticipating the ripple effects on the value and accessibility of ETH in the financial market.

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