ETH attracted lower investor interest compared to BTC and SOL. ETH could see renewed interest in 2025, according to a cryptocurrency hedge fund. Ethereum (ETH) Record FUD is making this cycle difficult and investor attention has shifted elsewhere. According to Zaheer Ebtikar of cryptocurrency hedge fund Split Capital, ETH is lagging behind other companies due to “middle school syndrome.” “$ETH suffers a lot from middle-aged syndrome. “This asset is out of vogue among institutional investors, has fallen out of favor in the crypto private capital community, and you will never see retailers bidding on it at this scale.” Investors Abandon…
Author: Crypto Flexs
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Yorg Healer October 13, 2024 06:32 Therapyside, a Madrid-based startup, uses AI tools to improve connections between therapists and clients, and technology from NVIDIA to streamline the therapy process and improve session productivity. Madrid-based startup Therapyside is improving the connection between therapists and clients by providing advanced AI tools to therapists to bridge the gap in mental health services. The plan comes as the World Health Organization (WHO) highlights serious gaps in mental health resources, noting there are only 13 mental health workers per 100,000 people globally. Therapeutic Alliance Powered by AI Therapyside, an…
MicroStrategy aims to become the world’s leading Bitcoin bank, holding 252,220 BTC. The company invests the borrowed funds in Bitcoin and expects a 29% annual return. Saylor’s goal is to grow MicroStrategy into a $1 trillion Bitcoin-based company. Michael Saylor, MicroStrategy’s founder and chairman, outlined a clear vision for the company’s future in an interview with analysts at research and brokerage firm Bernstein. According to Saylor, MicroStrategy aims to become the world’s leading Bitcoin bank. Saylor believes that Bitcoin (BTC) is not only the greatest asset of the 21st century, but the cornerstone of a revolutionary financial system, and his…
BNB Chain’s native token, BNB (BNB), rose 4.1% from October 10 to October 11, showing resilience after briefly testing the $555 support level. BNB prices have remained relatively stable since July despite the broader altcoin market falling 15.6%. These achievements make BNB the third-largest cryptocurrency with a market capitalization advantage of $15 billion over Solana (SOL).Activity on the BNB chain is decreasing and this could cause problems for the BNB price.Activity on the BNB chain’s Ochain has fallen 37% over the past week, raising investor concerns about the sustainability of BNB’s recent performance. Traders are on the lookout for Ethereum’s…
Off The Grid, a cyberpunk-themed battle royale video game currently in early release, was recently named the #1 free-to-play game on the popular Epic Games Store distribution service, beating out popular titles like Fortnite and Genshin Impact. The title currently ranks around 11th on the same list as of Sunday and is also available on PlayStation and Xbox consoles. It was co-produced by filmmaker Neil Blomkamp, who has created sci-fi hits such as: District 9 and elysiumThe game has attracted a significant number of viewers on Twitch through its partnership with Tyler “Ninja” Blevins. The game features cosmetic skins modeled…
Peter Jang October 13, 2024 07:12 Ethereum developers discussed Pectra Devnet 4 readiness and potential EIP in the latest core currency. Key topics included reducing slot times and changing gas limits. In a recent virtual meeting, Ethereum developers convened for the 198th All Core Developers Execution (ACDE) meeting, chaired by Tim Beiko of the Ethereum Foundation. The bi-weekly meetings aimed to address the ongoing development of the Ethereum execution layer, including focusing on the anticipated release of Pectra Devnet 4 and evaluating several Ethereum Improvement Proposals (EIPs). Ready for Pectra Devnet 4 During the…
lawrence jenga October 13, 2024 10:59 AggLayer, a new protocol, aims to unify blockchain networks to improve interoperability, liquidity, and user experience across DeFi, gaming, RWA, and AI sectors. According to Polygon.technology, AggLayer, a groundbreaking protocol, is set to transform the blockchain landscape by improving interoperability across various networks. AggLayer aims to bring together diverse blockchain ecosystems into a unified framework, similar to the transformative impact of the Internet. Integrated blockchain ecosystem AggLayer functions as a protocol for unified interoperability, similar to how TCP/IP unified the Internet. It aims to create a cohesive ecosystem…
Bitcoin, the largest cryptocurrency by market capitalization, rose to around $63,500 during daylight hours in North America, surpassing its late-September high of $66,000, according to data sources CoinDesk and TradingView. The price topped $63,400 late Friday, but was unable to maintain the upward trend and fell to $62,400 this morning.
Bitcoin BTC -0.40% The broader cryptocurrency market could benefit from China’s next fiscal stimulus package, expected to be announced on Saturday, according to several analysts. Chinese Finance Minister Lan Fo’an is expected to provide details of “strengthening” fiscal stimulus policies at a press conference on Saturday at the State Council News Office. said. Bitfinex analysts noted that China’s stimulus plan has also become a focus in the cryptocurrency market, as the new liquidity injected into the broader economy could benefit risky assets such as cryptocurrencies. “We expect the significant amount of liquidity flowing into the market to be reflected in…
The widely respected cryptocurrency analyst remains bullish on Bitcoin (BTC), updating his outlook for layer-1 blockchain Aptos (APT) and one memecoin that has posted massive gains over the past 10 months. In a new strategy session, cryptocurrency trader Altcoin Sherpa tells his 224,300 followers on social media platform “BTC: This should be the right spot for a bounce. Close enough to .50 (Fibonacci retracement level). 200-day exponential moving average (EMA) + deep low. “I remain optimistic until I see otherwise.” Source: Altcoin Sherpa/X Fibonacci retracement is a technical analysis method that indicates potential support and resistance points for an asset.…