Dubai, United Arab Emirates, November 4, 2024, ChainwireBybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to add extra holiday cheer by adding cryptocurrency trading rewards this season. Bybit users can earn bonus USDT through structured products, spot and futures trading on Bybit.From today until December 31, 2024, eligible users in select regions can earn rewards as they achieve personal trading goals across multiple campaigns. 1. Bybit creates a sensation with structured products New users will receive a bonus of 10 USDT when they sign up, make their first deposit and invest at least 100 USDT in any…
Author: Crypto Flexs
Read More
Real Vision analyst Jamie Coutts said the stage is being set for a cryptocurrency bull market, with several indicators turning bullish. Coutts says that almost all of the indicators that social media platform “Over the past seven months, Bitcoin consolidation has significantly cooled valuation metrics that had overheated in the first quarter. With the exception of open interest at an all-time high (100th percentile), almost all metrics – from MVRV (Market Value to Realized Value), Puell to LTH SOPR (Long Term Holder Consumed Output Profit Ratio) and Network Value to Addresses – are below the 50th percentile. has been reset…
Terrill Dickey November 1, 2024 05:30 Universal-2 addresses real-world needs and improves speech-to-text accuracy by focusing on structured data and important details over traditional word error rate metrics. The introduction of Universal-2 represents a significant leap forward in speech-to-text technology and addresses real-world application requirements that go beyond traditional word error rate (WER) metrics. According to AssemblyAI, this advanced model targets the ongoing challenge of converting raw audio files into reliable, structured output. Disadvantages of traditional indicators Currently, the industry often claims voice recognition accuracy of over 90%. However, developers often encounter problems where…
Bitcoin (BTC) is heading into the US presidential election week at $69,000 and a new all-time high.A wide order book and increased liquidity marked the start of an amazing week for Bitcoin traders.Election Day is almost here, and so are warnings about “news-selling” events once the results are in.The Federal Reserve’s interest rate decision is expected in just two days, providing another catalyst for cryptocurrency volatility.Bitcoin market capitalization dominance has reached its highest level in three and a half years following a major monthly close.Bitcoin network fundamentals are poised to hit new all-time highs throughout the week.BTC price struggles with…
Ethereum price began a new decline below the $2,550 support level. ETH is struggling and could recover once it breaks out of the $2,500 resistance area. Ethereum began a new downtrend at the $2,650 resistance zone. The price is trading below $2,500 and the 100-hour simple moving average. On the hourly chart of ETH/USD (data feed via Kraken), a breakout occurred above a bearish trend line connecting with resistance at $2,450. A break above the $2,500 and $2,550 resistance levels could trigger a recovery for the pair. Ethereum price takes a hit Ethereum price struggled to stay above $2,550 and…
PEPE is down 15% from recent highs. Can short sellers increase their profits before the US election results come out? Short selling surged after weakening over the weekend. Bitcoin (BTC)) provided the bears with an opportunity to profit. pepe Short sellers who entered the market at $0.000010 were no exception, as they had already made a 15% profit at press time. Will short selling bring more profits before the US election results are known? PEPE is considering support for October. Source: PEPEUSDT, TradingView At the time of writing, PEPE’s 15% dump pushed it back to October support. A crack below…
Yorg Healer November 1, 2024 06:01 Arkham Intelligence has announced an integration with Phantom Wallet, allowing users to track their holdings and transactions directly on the Arkham platform. Arkham partners with Phantom Wallet Arkham Intelligence has unveiled a new integration with Phantom Wallet that enhances the platform’s functionality by allowing users to directly track their holdings and transactions. This announcement, made on October 31, 2024, marks a strategic move to provide seamless access to financial data for users, especially those leveraging Solana’s blockchain. Simplified Portfolio Management Users can now easily connect their Phantom Wallet…
Altcoins could suffer more before seeing any gains, according to one cryptocurrency trader who predicted a final “altcoin reckoning” will occur. ITC cryptocurrency founder Benjamin Cowen said in an article posted onHe added that this altcoin calculation should be completed by December 2024, or at the latest by the second week of January 2025. “It has been a long journey and many have given up along the way, but this process will always continue,” he said.This prediction is based on the final flush out of the altcoin market that occurred during the 2019 bear market, and the current altcoin market…
Darius Varu November 1, 2024 07:19 Taiko solves the rollup decentralization problem by introducing ‘base rollup’ to strengthen the L1 sequence of blocks and enhance the economic security of Ethereum. As the blockchain ecosystem continues to evolve, the rollup environment faces serious challenges, especially in terms of sequencer centralization. Taiko, a leader in this field, is pioneering a solution through its ‘Roll Up Foundation’ initiative. According to taiko.mirror.xyz, this innovative approach aims to decentralize the rollup process by enhancing layer 1 (L1) sequence blocks. Understanding roll-up economics Rollups are critical to scaling Ethereum as…
Bitcoin briefly fell below $69,000, pushing cryptocurrency market liquidation to nearly $350 million and traders looking nervous ahead of the US presidential election.A total of $349.78 million was liquidated on November 3, with $259.7 million in long bets and $90.08 million in short bets, according to CoinGlass. This is the largest liquidation day since October 25, when Bitcoin (BTC) failed to maintain its upward trend above $70,000.Bitcoin has experienced significant fluctuations over the past seven days, starting at around $67,700 on October 28, reaching a high of around $73,300 on October 29, and then falling over the next few days,…