Bitcoin (BTC) hit a major breakout level on October 19 after “FOMO liquidity gains” were rejected at $69,000.BTC/USD 1-hour chart. Source: TradingViewBTC price closed at its highest daily level in four months.Data from Cointelegraph Markets Pro and TradingView shows that BTC price action has contracted since the last Wall Street trading session of the week.BTC/USD hit a three-month high within $69,000 on Bitstamp the day before and gave up its spontaneous rise.“Volume was low and bearish for this breakout,” popular trader Roman told his followers on “I still think we will come back down and consolidate before we go any…
Author: Crypto Flexs
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Cardano (ADA), once considered a promising player in the cryptocurrency space, has recently been navigating turbulent times. The altcoin, known for its focus on scalability, interoperability and sustainability, has seen its price drop significantly, raising concerns among investors and traders alike. The challenges facing Cardano are multifaceted, including a widespread market downturn, increased scrutiny from regulators, and the threat of delisting from major exchanges. Despite these challenges, cautious optimism persists among derivatives traders betting on a potential price rebound for ADA. But with so many factors at play, the question remains: can Cardano weather the storm? With all this in…
The widely respected analyst and trader is bullish on Cats, the Solana-based pet-themed memecoin from Dog World (MEW), while outlining his predictions for Dogecoin (DOGE) and Shiba Inu (SHIB). The analyst, who goes by the pseudonym Bluntz, told his 283,800 followers on social media platform If the asset moves beyond diagonal resistance, the symmetrical triangle can become a bullish continuation pattern. Bluntz shares a chart that suggests MEW could move closer to $0.011 if a breakout occurs. Source: Bluntz/X MEW is trading above pattern resistance at $0.00904 at the time of writing. Citing Dogecoin, the anonymous analyst said it would…
Caroline Bishop October 18, 2024 02:01 Google introduced customizable audio outlines and unveiled a new version for organizations, NotebookLM Business, enhancing privacy and feature sets as part of Google Workspace. Google has announced a significant update to its AI-powered tool, NotebookLM, introducing personalized audio outlines and unveiling a new business-oriented version. According to blog.google, these developments aim to improve user experience and expand the applicability of the tool to organizations. Custom Audio Overview The latest feature allows users to customize their audio overview within their laptop. Users can customize it by creating new notebooks,…
Tapioca DAO, LayerZero’s decentralized money market protocol, suffered a security breach on October 18, causing the native TAP token to lose more than 90% of its value.Blockchain security company Cyvers revealed that the protocol’s distributor address had been compromised, resulting in an unauthorized change of ownership of the vesting contract.attackAttackers exploited this vulnerability to use the emergency rescue function to withdraw over 21 million TAP tokens. The token was then exchanged for 591 ETH, which caused TAP to crash by 93%.Further investigation revealed that the attackers used Stargate to link some of the stolen assets to the BNB chain. As…
Cardano has formed a double top pattern on the daily chart, hinting at a bearish reversal. A surge in ADA spot inflows indicates that selling pressure may intensify, pushing prices lower. Cardano (ADA) has underperformed Bitcoin (BTC) over the past seven days, with the altcoin up a modest 0.4%, trading at $0.347 at press time. ADA has shown signs of consolidation over the past 24 hours, with its price fluctuating within a narrow range between $0.339 and $0.35. ADA’s bearish pattern emerges Considering that the daily chart is showing the formation of a double top pattern, the bearish trend around…
lawrence jenga October 18, 2024 02:33 Siemens and NVIDIA leverage digital twins to enhance sustainable manufacturing, reduce emissions, and optimize processes through advanced simulation and real-time data integration. As part of a significant step forward toward sustainable manufacturing, Siemens and NVIDIA are pioneering the use of digital twins to optimize production processes and reduce carbon emissions. According to the NVIDIA blog, this innovative approach is part of a broader effort to improve the sustainability of the manufacturing cycle, from material procurement to end-of-life disposal. Key challenges in sustainable manufacturing Balancing sustainability and profitability remains…
Newcastle upon Tyne, UK, October 18, 2024, Chainwire Today marks the official launch of KERORO, a new meme coin based on the Solana blockchain. This meme coin debuted with a market capitalization of $4.5 million. Positioned in the meme coin market, KERORO is positioning itself as a community-driven project leveraging Solana’s high-speed, low-cost transaction capabilities. KERORO’s vision and mission Inspired by iconic characters known for their charm and cultural influence, KERORO brings fresh and vibrant energy to the cryptocurrency world. Rooted in the Solana blockchain, known for its high performance and efficiency, KURORO is not just a coin. This is…
The recent appeal by U.S. regulators against blockchain payments company Ripple may lead market participants to adopt a more risk-averse approach to XRP in the near term, according to one cryptocurrency analyst.These comments come despite recent filings not directly challenging the ruling that XRP is not a security. The appeal asks the court to review decisions made by Ripple CEO Brad Garlinghouse and co-founder Chris Larsen regarding the sale of Ripple XRP on exchanges and private XRP sales.Legal uncertainty could lead to increased volatility in XRP (XRP) price, analysts believe, potentially causing the asset to fluctuate by nearly 50%.Price forecasts…
Iris Coleman October 18, 2024 03:01 Founded by Hong Kong graduates, Clearbot uses NVIDIA Jetson technology to perform autonomous and efficient waterway cleaning and tackle marine pollution with AI-powered boats. In a revolutionary leap towards sustainable environmental solutions, Clearbot, an AI-based initiative, is making waves by autonomously cleaning our waterways. According to the NVIDIA blog, the startup, co-founded by University of Hong Kong graduates Sidhant Gupta and Utkarsh Goel, is using NVIDIA Jetson technology to power ocean cleaning boats. Initially conceived as a university project, Clearbot has evolved into a sophisticated prototype capable of…