This article is also available in Spanish. Ethereum price continued its downward trend below the $2,350 level. ETH is currently recovering from losses and faces a major hurdle near $2,300. Ethereum fell further, trading below $2,350. The price is trading below $2,400 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a major bearish trendline forming at resistance $2,400. The pair would need to clear the $2,400 and $2,420 resistance levels to initiate a significant near-term rally. Ethereum price eye recovery Ethereum price remained in bearish territory and losses extended below the $2,400…
Author: Crypto Flexs
Read More
Bitcoin (BTC) fell $6,000 between September 29 and October 3, reaching a two-week low of $59,860, and based on intraday price movements, the decline looks set to continue.BTC/USD hourly chart. source: TradingViewThe recent sell-off triggered by geopolitical tensions in the Middle East caused the price to lose key support levels. The 50-day exponential moving average (EMA) is $61,318 and the 100-day EMA is $61,438.“#Bitcoin still appears to be in a bearish trend,” Bitcoin analyst AlphaBTC wrote in a post to X on October 3.The analyst cited Bitcoin’s price action since it turned away from its September 29 high of $66,071,…
Why More Casinos Are Switching to Cryptocurrency PaymentsOnline casinos are accepting cryptocurrencies at an incredible rate. This is as gamers rethink how they finance their gameplay with Bitcoin, Ethereum and Litecoin gaining popularity. for example, you bet It provides a seamless experience for faster, safer, and more anonymous transactions. Cryptocurrencies are reshaping online gaming payments, providing irresistible incentives.Security and personal information protection through cryptocurrency paymentCryptocurrencies have ensured an unparalleled level of security and privacy in casino transactions. Most existing payment systems require sensitive personal information, such as bank account or credit card information. For cryptocurrency, all a player needs is…
An upcoming HBO documentary aims to reveal the true identity of Satoshi Nakamoto, the pseudonymous founder of Bitcoin.Nakamoto, famous as the anonymous inventor of Bitcoin, appears to have disappeared in December 2010. If Nakamoto still exists, the Bitcoin creator is estimated to have control, at least on paper, of 1.1 million Bitcoins, currently worth about $67 billion.The documentary, titled “Money Electric: The Bitcoin Mystery,” will be released next Wednesday, October 9, and follows “Q: Into,” a docuseries exposing the mastermind behind the QAnon conspiracy theory. It was produced by Cullen Hoback, director of “the Storm.” . The trailer was released…
Memecoin, built on Ethereum (ETH) layer 2 scaling solution Base, is up nearly 128% in the last 24 hours after being added to Coinbase’s listing roadmap. Degen (DEGEN) is trading at $0.009 at the time of this writing, up from about $0.004 a day ago. Memecoin, launched on Base last January, serves as the reward token for Farcaster, a blockchain protocol for building social networks. The project aims to reward users of the Farcaster ecosystem for “publishing high-quality content” and provide the ability to bridge “the gap between online contributions and real-world value.” Coinbase has also added Solana (SOL)-based altcoin…
lawrence jenga October 2, 2024 17:56 NVIDIA and Outerbounds are teaming up to simplify the development and deployment of LLM-based production systems with an advanced microservices and MLOps platform. Language models have expanded rapidly over the past 18 months, with hundreds of variants now available, including large language models (LLMs), small language models (SLMs), and domain-specific models. Many of these models are freely accessible for commercial use, making them cheaper and simpler to fine-tune using custom datasets, according to the NVIDIA Technology Blog. Building LLM-Based Enterprise Applications with NVIDIA NIM NVIDIA NIM provides containers…
Cambodian cryptocurrency fraud and human trafficking investigator indicted Prominent Cambodian journalist Mech Dara was charged with “inciting to cause public disorder” after sharing a photo in a now-deleted Facebook post purportedly depicting steps leading to a religious site being destroyed by quarry operations. Arrested and charged. Journalist Mech Dara received the U.S. Department of State’s TIP Report Heroes award. (US Department of State) But human rights groups suspect he may have been targeted because of his investigative reporting on cryptocurrency crime syndicates in Cambodia. In Cambodia, victims are being kidnapped, detained and forced to work as cryptocurrency fraudsters targeting individuals…
Key Takeaways BlackRock data shows that a portfolio’s Bitcoin allocation can perform significantly better than traditional investments. BlackRock highlights Bitcoin’s role as a hedge against fiat currency declines. Share this article At today’s Digital Assets Conference, BlackRock revealed its latest insights into Bitcoin’s volatility and future performance, revealing that Bitcoin’s volatility has decreased significantly and will continue to decrease over time. BREAKING NEWS: Bitcoin Volatility Has Declined and Will Continue to Fall – BLACKROCK pic.twitter.com/iCWafcyLyD — Marty (@thinkingvols) October 3, 2024BlackRock, the world’s largest asset manager, highlighted Bitcoin’s evolving role in the global financial ecosystem. Bitcoin’s volatility has been steadily…
APT has a very optimistic outlook for the coming weeks. The short-term bias has also been strong, but BTC volatility could damage it. Aptos (APT) has a bullish structure on the weekly chart and has maintained an upward trajectory despite market volatility and fear over the past week. A break above $7.5 sent the price down along with the rest of the market. However, higher periods are not a sign that a bearish trend is underway. A decline below $7.23 would be the first sign of a bearish scenario. Such a decline seemed unlikely based on current evidence. Aptos crypto…
Prediction markets are effective at predicting elections because polls become less accurate over time, according to Kalshi CEO Tarek Mansour.“Prediction markets work better, they do,” Mansour told The Block.Prediction markets like Kalshi provide real-time information, unlike opinion polls that can take up to two weeks, Mansour said. In particular, in the 2016 presidential election, Hillary Clinton was expected to win in national opinion polls, and in late 2020, it was found that support for Donald Trump was misjudged. In this year’s election, pollsters are said to be taking various strategies to obtain more accurate results. CNBC.Mansour attributed the poll’s inaccuracy…