A cryptocurrency strategist is warning that two large altcoins could see major corrective moves following this month’s massive rallies. Crypto trader Credible told his 473,800 followers on social media platform A credible example is the Elliott Wave theory, which states that an asset can correct or consolidate after completing a five-wave upward explosion. During a 5-wave rally, bullish assets surge in waves 1, 3, and 5, with waves 2 and 4 serving as correction periods. According to traders, XRP needs to maintain critical support levels to maintain its bullish momentum. “And ladies and gentlemen, that’s an impulsive move into the…
Author: Crypto Flexs
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Yorg Healer November 25, 2024 16:18 Learn how to convert audio to text using AssemblyAI’s API with JavaScript and Node.js. This guide provides a step-by-step approach to building an enterprise-ready CLI app. AssemblyAI has released a comprehensive tutorial on how to leverage its API to convert audio and video files to text using JavaScript and Node.js. This guide aims to simplify the process of setting up a command line interface (CLI) application for speech-to-text, providing developers with a practical approach to integrating this technology. Development environment settings The tutorial begins by guiding users through…
November 25th Why did MicroStrategy become a proxy for Bitcoin? Posted at 16:52h education by admin MicroStrategy’s Bitcoin treasury strategy, launched in 2020 under the leadership of Michael Saylor, has established the company as the largest corporate holder of Bitcoin, holding over 331,200 BTC worth approximately $32 billion. The company uses a combination of debt issuance, stock sales and operating cash flow to finance the acquisition, viewing Bitcoin as a hedge against inflation and a superior store of value compared to traditional assets. Beyond asset diversification, MicroStrategy aims to cater to the growing adoption of digital currencies by positioning Bitcoin…
contributor Posted on: November 26, 2024 Net exchange flows for the XTZ cryptocurrency continued to remain positive. XTZ’s relative strength index (RSI) was 74.5, indicating a possible price correction. Tezos (XTZ) has seen huge gains over the past few days following the announcement of Everstake, a staking platform supporting the token. As a result, XTZ rose 24% on November 24th while other altcoins struggled. Will the price of XTZ cryptocurrency fall? Following a notable rally, altcoins have reached levels where they have historically experienced selling pressure and price declines. However, the current sentiment has changed as the overall market remains…
Ted Hisokawa November 25, 2024 16:44 NVIDIA’s Louis Stewart emphasizes the importance of workforce development in AI, emphasizing education and inclusion as key elements of global competitiveness. As artificial intelligence (AI) continues to revolutionize industries globally, a focus on workforce development has emerged as a critical strategy for maximizing the benefits of AI. Effective workforce development is key to ensuring AI-driven change is inclusive and beneficial for all, according to a recent discussion by Louis Stewart, head of global developer ecosystem strategic initiatives at NVIDIA. AI training matters at every level Stewart emphasizes the…
Asset manager Hashdex has filed a second amendment to its proposed exchange-traded fund (ETF) designed as a one-stop cryptocurrency portfolio, according to a filing with regulators on November 25. The revised filing marks continued progress for a cryptocurrency index ETF from the Securities and Exchange Commission (SEC), America’s top financial regulator.Hashdex first filed its S-1 amendment in October after the SEC requested more time to decide whether to approve the ETF for trading.The Hashdex Nasdaq Crypto Index US ETF will initially consist of Bitcoin (BTC) and Ethereum (ETH), the only assets currently included in the Nasdaq Crypto US Index, but…
Wang Long Chai November 25, 2024 17:13 Learn how MicroStrategy leveraged its financial strategy to become a leading corporate Bitcoin holder, aligning with the digital asset’s growth and institutional adoption. According to blog.bitfinex.com, MicroStrategy has strategically positioned itself as a major corporate holder of Bitcoin (BTC) since 2020 under the leadership of Michael Saylor. The company, which holds over 331,200 BTC worth approximately $32 billion, has adopted Bitcoin as its primary treasury reserve asset. The move is part of a broader strategy to combat inflation and leverage Bitcoin’s potential as a superior store of…
erase-backup viceroy I’m trying to cut it out government trash. that viceroy roadmap It’s unclear. Dogecoin co-founder back viceroy improve us finances health. Donald Trump officially launched the Department of Government Effectiveness (DOGE) earlier this month. The DOGE aims to curb federal overspending and address the country’s soaring national debt, which recently surpassed $36 trillion.While bureaucratic waste is no joke, the name of the institution championed by Dogecoin fan Elon Musk has raised a few eyebrows. Now, weeks after Trump’s election, Dogecoin co-founder Billy Markus has joined the conversation, expressing hope that DOGE can solve America’s economic problems.Dogecoin’s Markus fears…
Jessie A. Ellis November 25, 2024 17:52 Learn how to convert audio files to text using Python with AssemblyAI’s Universal-1, a model that offers near-human accuracy and multiple pricing tiers to suit different needs. AssemblyAI has launched its latest speech recognition model, Universal-1, which sets a new benchmark for automatic speech recognition (ASR) accuracy. The model is designed to achieve near-human transcription accuracy even in challenging audio environments with accents, background noise, and complex phrases. According to AssemblyAI, the Universal-1 model is now accessible through the same web API as the previous ASR model.…
Floki has delayed the release of Valhalla to the first quarter of 2025 to improve security measures. Hacken and OpenZeppelin proposed changes to enhance user and asset safety. Valhalla’s P2E economy is backed by $60 million in treasury to ensure a thriving ecosystem. Floki, the popular FLOKI memecoin team, announced that it is delaying the mainnet launch of its flagship play-to-earn (P2E) game Valhalla. Metaverse MMORPG, originally scheduled for release in November 2024, is now scheduled to be released in the first quarter of 2025. Security concerns raised after review of Valhalla’s smart contracts This delay follows recommendations from Hacken…