Ethereum (ETH) has recovered above $2,500 on several occasions since the cryptocurrency sold off in early August, but has been unable to maintain above this critical price level. ETH Price Eyes Six Straight Red Daily CandleMarket participants expected spot Ethereum exchange-traded funds (ETFs) to push the price of ETH higher when trading begins on July 23. As of this writing, Ether has been in the red for six consecutive days and $2,500 is showing strong resistance. Meanwhile, several technical and on-chain indicators are pointing to further corrections.Let’s take a closer look at what is hurting the price of ETH and…
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Ethereum (ETH) has recovered above $2,500 on several occasions since the cryptocurrency sold off in early August, but has been unable to maintain above this critical price level. ETH Price Eyes Six Straight Red Daily CandleMarket participants expected spot Ethereum exchange-traded funds (ETFs) to push the price of ETH higher when trading begins on July 23. As of this writing, Ether has been in the red for six consecutive days and $2,500 is showing strong resistance. Meanwhile, several technical and on-chain indicators are pointing to further corrections.Let’s take a closer look at what is hurting the price of ETH and…
Key Takeaways Justin Sun and Andre Cronje claim that Binance charges no listing fees while Coinbase charges up to $300 million. According to the Moonrock Capital CEO, Binance requires a significant portion of the project’s total token supply as a listing fee. Share this article Tron founder Justin Sun and Fantom Network founder Andre Cronje claimed that Binance does not charge any fees for token listings. In contrast, Coinbase has charged millions of dollars for similar services, contradicting Coinbase CEO Brian Armstrong’s public statements that listings are free.The controversy surrounding Coinbase and Binance’s listing fees stemmed from a post by…
Louisa Crawford November 4, 2024 13:28 xAI introduces an API that gives developers access to Grok-based models. The API is compatible with OpenAI and Anthropic, making migration easy. Artificial intelligence company xAI has announced the launch of an API that gives developers programmatic access to Grok series-based models. According to x.ai, this development is an important step for xAI as it opens up new possibilities for developers to leverage Grok’s capabilities in their applications. Details of the Grok model The public beta release includes a preview of a new Grok model, tentatively named grok-beta,…
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…
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…