XRP (XRP) price briefly retested its 2024 yearly high of $0.74 on November 12 as Bitcoin’s bullish momentum slowed on the daily chart. The altcoin outperformed BTC with a 13.42% gain, retesting months of resistance at $0.74. XRP 1 week chart. Source: TradingViewWith XRP likely to push for a close of its highest weekly candle of 2024, one cryptocurrency analyst has highlighted the potential for another 200% upside from its current price. XRP is targeting a monthly breakout above the descending trend line.While XRP has moved significantly over the past week, the altcoin has been consolidating between a tight price…
Author: Crypto Flexs
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A cryptocurrency strategist who follows closely believes that top memecoin Dogecoin (DOGE) is poised to spark a massive rally on its way to astronomical new all-time highs. Analyst Ali Martinez told his 80,000 followers on social media platform A rising channel is generally considered a bullish structure as it suggests that the asset is printing higher highs and higher lows. According to Martinez, Dogecoin appears to be preparing for fireworks after honoring the channel’s diagonal support. “Testing the middle or upper boundary of the channel, Dogecoin DOGE reached $2.40 or $18!” Source: Ali Martinez/X As of this writing, DOGE is…
Caroline Bishop November 14, 2024 01:08 LangChain introduces Prompt Canvas, a new tool to create and optimize AI prompts with the help of LLM agents, with the goal of simplifying prompt engineering. LangChain announced the launch of Prompt Canvas, a cutting-edge user experience designed to simplify AI prompt development. This new tool allows users to work with AI agents known as Large Language Models (LLMs) to efficiently improve and optimize prompts according to LangChainAI. What is a Prompt Canvas? Prompt Canvas is an interactive platform that simplifies the prompt creation process by allowing users…
Bitcoin (BTC) markets are preparing for the expiration of $11.8 billion worth of options at the end of the year, scheduled for December 27 at 8:00 AM UTC. Recent data has revealed a strong advantage for call options, but bears could significantly reduce their losses by keeping the Bitcoin price below $75,000.December 27 Total Bitcoin Options Open Interest. Source: Laevitas.chTotal open interest in call options currently stands at $7.9 billion, while put options lag behind at $3.92 billion. This can be seen in Bitcoin rising 29% since October, rendering most put options worthless.Options market leader Deribit holds a dominant market…
The stack has a strong correlation with Bitcoin, suggesting a possible rally. STX traded above the 200 EMA but recovered from four-month resistance. The correlation between STX and Bitcoin (BTC) prices was strong at 0.86. The stack served as a high-beta play for Bitcoin, providing leveraged exposure within the BTC ecosystem. Likewise, leading DeFi protocols on the Stacks platform, ALEXLabBTC (ALEX) and Arkadiko Finance (DIKO), offered higher beta opportunities linked to STX. This has created multi-layered investment potential within the growing Bitcoin ecosystem. However, STX, ALEX and DIKO remain well below their March highs earlier this year. Source: X This…
This article is also available in Spanish. Dogecoin price is starting to reverse some of the gains it made last week. As of this writing, Dogecoin prices are: down 9%n 24 hours, but we are in a good position to reverse these losses soon. In particular, Dogecoin still on track We end the month with a very long candle. In particular, cryptocurrency analyst Trader Tardigrade said: highlighted this phenomenon As pointed out by the analyst, Dogecoin is set to close in November higher than its previous highest monthly closing level. Dogecoin price helps boost monthly close Breaking the previous monthly…
Iris Coleman November 13, 2024 22:03 Japanese industries are integrating NVIDIA’s AI technologies to improve robotics and customer experiences, address labor shortages, and increase efficiency. Japan’s industrial sector is increasingly adopting advanced AI technologies, including leveraging NVIDIA’s Omniverse, Isaac, and Metropolis platforms to drive future operations. The change comes at a critical time as the country faces a severe labor shortage, with a shortage of 11 million workers expected by 2040, according to a report in the Japan Times. Strengthening robotics with Toyota Toyota is leveraging NVIDIA Omniverse for sophisticated physics simulations that improve…
Coinbase announced on November 13 that it has acquired Utopia Labs to build the cryptocurrency exchange’s on-chain payment infrastructure. The team at Utopia Labs will join Base, Coinbase’s layer 2 scaling network, “to accelerate the on-chain payments roadmap within Coinbase Wallet,” Coinbase said in a blog post.“There is a natural flywheel here: Base supports developers building on-chain apps, those apps attract on-chain users, Wallet onboards those users, which in turn gets more users building on-chain apps. We encourage you to build,” Coinbase said.source: DeFiLlamarelevant: Stripe acquires stablecoin platform Bridge in a $1.1 billion deal.Launched in 2023, Coinbase’s Base is currently…
Ethereum recently rose to highs above $3,400, reigniting enthusiasm among market participants and signaling a potential upward trend that could push it past $4,000 toward a new all-time high. This optimism has been met with major speculation about the price of ETH from the cryptocurrency community and analysts who are watching key indicators within the market to assess the asset’s trajectory. Ethereum rise and market mood According to a report shared by a CryptoQuant analyst known as ‘ShayanBTC’, Ethereum’s recent price performance, up 35% in the past week, is accompanied by positive sentiment in the futures market, providing a detailed…
Louisa Crawford 13 November 2024 19:52 BounceBit is collaborating with Ceffu’s MirrorX to enhance automated yield optimization through secure OTC settlements, with the goal of simplifying yield farming and maximizing returns. BounceBit announced significant improvements to its automated yield optimization capabilities through the integration of Ceffu’s MirrorX technology. According to a recent report from BounceBit, the collaboration aims to revolutionize the execution of arbitrage strategies within BounceBit’s CeDeFi V2 platform. integration The CeDeFi V2 platform introduces a sophisticated system designed to automatically select and execute the most profitable strategies for users. BounceBit can leverage…