Bitcoin (BTC) reached an all-time high of $75,358 after rising 7.23% in one 4-hour candle. This bullish momentum comes as the country prepares for Donald Trump’s victory in the US presidential election on November 5.As the US election concludes with a “crypto-friendly” president, one cryptocurrency analyst has reiterated his Bitcoin price target of above $100,000 in the coming weeks. Bitcoin Cup and Handle Pattern Is “Unfolding”Hours after the US election results came out, independent trader Titan of Crypto highlighted Bitcoin’s long-term cup and handle pattern, which is currently on a successful uptrend. Bitcoin cup and handle pattern analysis. Source: Titans…
Author: Crypto Flexs
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With Donald Trump confirmed to return as president for the 2025-2029 term, Matt Hougan, Chief Investment Officer at Bitwise Asset Management, is optimistic, declaring that the cryptocurrency market has entered a “golden age.” expressed. Recently video In what Hougan shared on social media platform A new era in cryptocurrency regulation Hougan’s optimism stems from a significant market rally sparked by: Trump’s electionHe believes this will lead to a pro-crypto stance in both the Presidency, Congress, and the House of Representatives. The CIO noted the recent success of the digital asset ecosystem: Bitcoin (BTC) It hit an all-time high of $75,500,…
More than $1 billion worth of BlackRock Bitcoin (BTC) exchange-traded funds (ETFs) changed hands in the first minutes of trading following Donald Trump’s victory in the US presidential election on November 5, according to data from Bloomberg. Analysts predict that BTC prices will continue to rise as Trump, a cryptocurrency-friendly Republican, is scheduled to begin his second term as US president on January 20.Fadi Aboualfa, head of research at cryptocurrency custodian Copper.co, wrote in an email to Cointelegraph that valuation models show that “by the time the 47th US president heads to the Capitol for the inauguration, there will be…
Yorg Healer November 6, 2024 17:59 Hugging Face and NVIDIA are collaborating to advance open-source AI robotics by integrating LeRobot with NVIDIA’s AI tools, aimed at advancing industries such as manufacturing and healthcare. At the recent Conference on Robotic Learning (CoRL) in Munich, Germany, Hugging Face and NVIDIA unveiled a strategic partnership designed to advance open source AI robotics. According to NVIDIA, the collaboration aims to unite their respective open source robotics communities by leveraging cutting-edge technologies to drive innovation in various sectors such as manufacturing, healthcare, and logistics. Open source robotics for the…
Bitcoin (BTC) hit $69,000 on US Election Day, November 5, as key on-chain metrics reversed strength, suggesting BTC’s $120,000 uptrend “remains intact.”BTC/USD daily chart. Source: TradingViewA bullish MVRV rate sets the BTC price target at $120,000.Bitcoin is trying to regain its 2022 all-time high of $69,000 as election uncertainty grips the markets on November 5. In a market currently affected by numerous macro-related issues, CoinLupin, an analyst at market intelligence firm CryptoQuant, has opted for the traditional approach of indirectly assessing Bitcoin’s current value by utilizing the Market Realized Value (MVRV) indicator.The analyst said Bitcoin’s price was trading at $68,755,…
The $3.6 billion deal closed Wednesday morning as The Associated Press, Fox and NBC announced Republican candidate Donald Trump’s victory.
Iris Coleman 6 November 2024 14:43 Learn how developers can leverage Obsidian’s generative AI tools with RTX AI PC to increase productivity through community plugins like Text Generator and Smart Connections. Integrating generative AI tools into productivity applications is changing the way users interact with technology. Recent research from NVIDIA highlights the potential of a community-developed plugin to enhance the popular note-taking application Obsidian by leveraging Large Language Models (LLM) on RTX AI PCs. Strengthening Obsidian with AI Known for its Markdown-based architecture, Obsidian supports community plugins that extend its functionality. These plugins allow…
According to cryptocurrency analysis company Glassnode, the volume of transactions on the Solana blockchain has recently exploded, surging several times more than the entire SOL market capitalization. Glassnode reported that SOL recorded $224 billion worth of transfer volume in a single day, which is nearly three times the asset’s market capitalization of approximately $78 billion at the time of this writing. Describe the company, “This surge was driven by highly active wallets using multiple accounts. This wallet, believed to be an arbitrage bot, saw increased activity in early October and is likely responsible for the recent fee increase discussed by…
Memecoin, like Dogecoin (DOGE), Dogwifhat (WIF), and Brett (BRETT), was among the best-performing cryptocurrencies on November 6, highlighting Trump’s enthusiasm for pushing the cryptocurrency market.Memecoin market capitalization reaches its highest level in 7 months.Memecoin’s recent rise helped the sector’s overall market capitalization reach a seven-month high of $66.72 billion on November 6. The last time Memcoin’s market capitalization exceeded $66 billion was on April 1, when it reached a peak of $69.8 billion. The total market capitalization of cryptocurrencies in this sector increased by 21% in the last 24 hours.Memecoin market capitalization and daily trading volume. Source: CoinMarketCapTotal daily trading…
Yorg Healer November 6, 2024 06:11 Binance is introducing new APR rewards offering 16.2% for FDUSD pegged products and 7% for EURI flexible products for a limited promotional period. Leading cryptocurrency exchange Binance has announced an attractive opportunity for users to earn significant Annual Percentage Rate (APR) rewards through the Simple Earn program. According to Binance, participants can earn APRs of up to 16.2% for FDUSD fixed-rate fixed products and up to 7% APR for EURI flexible products. This promotion runs from November 6, 2024 to November 19, 2024, and is available on a…