Pressure
- Bitcoin (BTC) trading around $55,736.37 as of 20:00 UTC (4 p.m. ET). Sliding 1.73% over the previous 24 hours.
- Bitcoin’s 24-hour range: $53,350.37-$56,988.34 (CoinDesk 20)
- BTC trades between its 10-hour and 50-hour averages on the hourly chart, a sideways signal for market technicians.
Bitcoin traded in a narrowed range as Monday’s sell-off appeared to subside and prices settled in the mid-$50,000 range for the most of Tuesday.
Monday’s decline resulted in some $1.6 billion in derivatives bets being liquidated, second only to the record level that took place on Feb. 22, according to Norwegian blockchain analytics firm Arcane Research.
Recommended News
-
Next Big Wave – Ventures DAO
Next “Big Wave” – Ventures DAO Traditional venture capital market is monopolized by big institutions. Retail investors rarely have access to all the important information. Ventures DAO provides retail investors an equal opportunity to participate in potential projects. The nature of a Ventures DAO bootstraps a loyal community as DAO members are incentivized to support portfolio projects. Top-down decision making approach is used by traditional venture capital, where decision-making process occurs at the highest level and is then communicated to the rest of the team. DAO on the other hand…
06/27/2022 -
Camila Russo on Building The Defiant and the Future of DeFi
Talk about good timing: In 2017, Camila Russo was on the prowl for a worthy book project. What would be a good subject? What hasn’t been covered? At the time she was a reporter for Bloomberg. She was astonished to find a juggernaut of a story that was hiding in plain sight: Ethereum. “I was like, ‘I can’t believe that nobody is covering this,’” she says now. There were already crates of books written on Bitcoin, but there were very few, if any, on the world’s second-largest blockchain project. This post…
12/24/2020 -
AI Store: Leading the New Wave of AI Tool Services
Recently, the first AI tool service company in the Chinese-speaking region has officially announced its establishment, marking the further popularization and application of AI technology in the commercial field. The AI store, with its original products and excellent team members, has attracted much attention and will provide users with various AI tool services, helping individuals and enterprises flourish in the digital age. Originality Leading the New Trend As the country’s first company focused on AI tool services, the AI store upholds the spirit of innovation, bringing a brand-new business experience…
03/12/2024 -
“AI Application Stores in Educational Innovation;Ushering in a New Era of Personalized Learning”
In today’s 21st century, the development of artificial intelligence (AI) application stores is increasingly permeating every corner of our lives, including the field of education. With technological advancements, the application of AI in education has evolved from simple auxiliary tools to complex systems capable of providing personalized learning paths and automatically assessing student assignments. This transformation not only brings unprecedented opportunities to education but also challenges the traditional educational model. Personalized Learning Paths: A Unique Teacher for Every Student In the traditional educational model, a teacher faces a group of…
03/12/2024 -
Alaya: The Pioneer of Artificial Intelligence Data
In the 1940s, the third wave of technological revolution was set in motion by historical titans, propelling humanity onto the vast stage of a new era. Computer technology and space exploration ushered our species into uncharted territories. While the populace revealed the conveniences afforded by these groundbreaking innovations, they couldn’t escape the shadows of uncertainty, a fear that this newfound technology might displace them, leading them to unemployment. However, the passage of countless years has brought forth the Golden Age, providing resounding answers to the people’s concerns. In this period,…
09/11/2023 -
The Development of AI Stores and AI Technology
Leading the Traffic Revolution As artificial intelligence (AI) technology rapidly advances, we are stepping into a new era—a world dominated by data-driven, intelligent decision-making. From the birth of the first AI concept in 1956 to today, AI technology has undergone a massive transformation from theoretical exploration to practical application. During this process, countless enterprises and products have set sail in this wave, attempting to carve out their share in this technological revolution. Against this backdrop, AI stores have emerged as a crucial force in helping various AI businesses gain traffic….
03/12/2024 -
Origin Dollar compensation plan marks progressing maturation of DeFi space
Traders and developers are trending towards greater DeFi depositor protections in unison NEWS On Friday, decentralized finance (DeFi) stablecoin project Origin Finance announced a plan to compensate users affected by a $7 million November exploit — part of a wider trend from developers, users, and traders that has seen actors across the DeFi space more widely embrace insurance products and other exploit backstops. On November 17th, Origin Dollar announced that its yield-bearing stablecoin project had been the victim of a $7 million flash loan attack. While the attack is just another…
12/14/2020 -
Emperor blue ecological public chain, to create the third world super intelligent city 2.0 pioneer
With the continuous progress of society, the continuous development of science and technology, the continuous improvement of people’s living standards, the continuous diversification of demand, the global intelligent construction is imperative. According to the data, there are thousands of smart cities in the world. The market size is expected to be 700 billion US dollars in 2023. In order to promote the rapid development of intelligent city, the perfect use of block chain technology and unique characteristics, Di Lan chain came into being. DiLan Chain —— Building Distributed Bottom Data…
02/19/2021 -
New asset class: NFT fusion assets created by META X CITY take off
Fusion NFTs more profound than other alternative asset classes is the timing. The world is still gripped by volatility, uncertainty, complexity and ambiguity. A fourth wave of COVID is spreading around the world, bringing with it more economic disruption. Energy prices are spiraling and clogged up shipping is leading to an acute shortage of goods, all while companies report increasing rates of resignation and nobody to fill the subsequent vacancies. Interest rates are still at rock bottom despite galloping inflation. This dynamic repeats itself over and over again, from basketball…
Uncategorized 12/26/2021 -
AI-Powered Retail Stores Leading Future Trend Predictions
In an in-depth exploration of the revolutionary role of Artificial Intelligence (AI) stores in the field of predictive analytics, we not only witness its widespread application across various industries but also see the profound changes brought by technological evolution. By combining the latest technological advancements, real-world application cases, and analysis of future trends, we can gain a more comprehensive understanding of the impact and the challenges and opportunities faced by AI-powered predictive analytics. Deepening Understanding of AI Predictive Analytics AI predictive analytics utilizes machine learning and deep learning technologies to…
03/12/2024