Today’s Weekly Recap: Donald Trump has changed his stance on cryptocurrencies. Trading volume has decreased in the NFT market. Exchange-traded funds (ETFs) are seeing inflows again. Trump panders to the cryptocurrency community The Republican Party’s 2024 presidential candidate has publicly declared his support for the cryptocurrency industry. Trump, who has been indicted four times, urged his supporters in his speech to donate digital assets to his campaign. Trump is using campaign donations to pay his mounting legal costs. Billionaire and Dallas Mavericks minority owner Mark Cuban argued on May 10 that regulators’ hard-line stance on the cryptocurrency industry does President…
Author: Crypto Flexs
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It can be easy and even comforting to imagine that using AI tools involves interacting with a purely objective, stoic, and independent machine that knows nothing about you. But when you factor in cookies, device identifiers, login and account requirements, and even the occasional human reviewer, the voracious appetite that online services have for your data seems insatiable.Privacy is a key concern for both consumers and governments regarding the widespread deployment of AI. Overall, the platform emphasizes privacy features, even if they are hard to find. (Paid and business plans often exclude training on submitted data entirely.) But it can…
According to a veteran cryptocurrency analyst, technical signals suggest that an explosive rise in altcoin prices is just around the corner. Glassnode co-founders Jan Happel and Yann Allemann, who go by the name Negentropic on social media platform Analysts said ALTS (TOTAL3), which represents the total market capitalization of cryptocurrencies excluding Bitcoin (BTC), Ethereum (ETH) and stablecoins, appears poised for both the monthly Relative Strength Index (RSI) and moving averages to rise. . The Convergence and Divergence (MACD) indicator has potentially bottomed. “BTC has recovered somewhat after the decline of the past few weeks and has rallied higher. SP&500 and…
join us telegram A channel to stay up to date on breaking news coverage In a recent discussion on the future of Bitcoin, traders Alessio Rastani and Gareth Soloway shared their expert analysis of the cryptocurrency’s current trends and future possibilities. Their conversation provides valuable insight for investors seeking to understand the complexities of Bitcoin price fluctuations and market dynamics. Bitcoin and stock market interaction Gareth Soloway He started by covering the correlation between Bitcoin and the broader stock market, specifically the S&P 500. He expressed concern about the potential impact of a severe decline in the stock market on…
The U.S. District Court for the District of Columbia ordered the confiscation of 279 cryptocurrency accounts containing funds linked to the alleged hacking of a cryptocurrency exchange by North Korean agents. The action is part of a broader U.S. effort to dismantle cyber operations that fund North Korea’s nuclear and missile programs. decision(…)
A recently discovered report revealed cybersecurity vulnerabilities at the SEC before a hack in January led to the approval of a fake Bitcoin ETF. The post Undisclosed Report Reveals SEC Cybersecurity Flaws Before Fake Bitcoin ETF Approval Hack appeared first on Crypto Briefing
Simply put, until FTX went bankrupt on November 11, 2022, SBF was trying frantically to plug the huge hole in the company’s balance sheet by raising funds from basically anyone it could. This reportedly includes Silicon Valley VCs, Saudi moneymen, and even the former CEO of SBF’s archrival Binance Changpeng Zhao (who waived a handshake buyout deal after reviewing FTX’s financials to speed up the exchange’s ongoing operations). It is known.
Posted 1 minute ago In ~ Bitcoin BTC +0.70% Hosted by Bitcoin Magazine on May 9-10, the Asia Conference brought together more than 5,500 attendees in Hong Kong this year, along with hundreds of speakers and sponsors. It’s no surprise that the conference ended in Hong Kong. Enthusiastic investors have closely watched the city’s recent embrace of cryptocurrencies, from hosting the Web3 event to the much-hyped approval of Asia’s first 6-spot Bitcoin and Ether ETF. Hong Kong, a special administrative region of China, has the freedom to set its own policies, but some cryptocurrency investors see Hong Kong’s ETF approval…
Solana, the high-speed blockchain once hailed as an Ethereum killer, is in a rough patch. After hitting an all-time high of $203 in March 2024, the cryptocurrency has experienced a significant correction, currently trading at $145. Analysts warn of a potential free fall, citing both external market forces and internal ecosystem issues. Related Reading advertising Descent of Solana: A shooting star loses its shine Technical indicators paint a bleak picture for Solana. Alan Santana, a prominent cryptocurrency analyst, points to the emergence of bearish candlestick patterns such as shooting stars and inverted hammers along with declining trading volumes. These signals…
The price of RNDR has risen slightly over the past 24 hours. Selling pressure on AI tokens has increased recently. After a large weekly meeting, Render (RNDR) The overall cryptocurrency market suffered a setback as it turned somewhat bearish. However, in the last few hours, investors’ attention has been focused on the token’s chart turning green. Does this mean RNDR will soon resume its upward rally? RNDR hits the brakes According to CoinMarketCapRNDR investors had a good time last week as the price of the AI token surged nearly 20%, leading to a correction on May 11. The downward price…