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
-
Pacquiao:The birth of PACC will make great history
Iam a member of our country, should be everywhere for the sake of thecountry, I love our nation, this is the source of my self-confidence.The road is to go out, the history is written out, our every step ofaction are writing their own history. –Manny Pacquiao By Emanuel Philippine national hero manny of skin DE Mr Pacquiao PACinvestment by the global digital pay ecological tong card platformwill full takeover industry’s top EP EP – – EinsteinProbe double malechain system exchange DEX and conducting all-round cooperation in thefield of digital, to…
12/20/2020 -
After August 30, 2022, the reward rules for users participating in TSwap node PK will be changed
After August 30, 2022, the reward rules for users participating in TSwap node PK are changed as follows: The users need to pay intention fee of 1wU. For the users participating in PK, the reward will be changed from 1,000wq to 500wq. For the users participating in node PK, the gift for purchase of 1,000wq will be changed from 600wq to 300wq. For the users winning node PK, the gift will be changed from 10,000wq to 5,000wq. For the users winning node PK, the reward…
06/01/2022 -
Coinbetter: The UST death spiral is approaching, where is the future of algorithmic stablecoins?
On May 10, Bitcoin accelerated its downward trend, falling below $30,000 at one point, and the lowest dropped to $29,767, a new low since July 19, 2021. As of writing, the price has rebounded, and the current price is $31,486.43. In addition to the market, the algorithmic stable currency UST has won the attention of the market. On May 10, UST was seriously de-anchored and once fell to 0.6090 USDT; according to the Coinbetter data, it is now reported at 0.7968 USDT, with a 24H decline of 12.2%….
05/11/2022 -
Alaya – Integrated solution for data collection and labeling services
With the introduction of ChatGPT’s conversational model by American AI company Open AI, it has quickly taken the world by storm and is rapidly iterating. Algorithms, data, and arithmetic power as the three cornerstones of artificial intelligence. It plays a pivotal role in the industry. In the training process, a large amount of data is needed to train the model, the data needs to be pre-processed and feature extraction, and then use algorithms for optimization, these algorithms need arithmetic support, the three are indispensable to drive the development of artificial…
06/28/2023 -
GoldenPyrex Ushers in the Next Era in DeFi with a Robust Ecosystem
Bitcoin Press Release: Golden Pyrex (GPYX) announce details of their DeFi platform enabling yield farming, gaming, and NFTs. 17th December, 2020, Nur-Sultan, Kazakhstan – Despite the exponential growth of the DeFi market throughout 2020, the industry is now dealing with a short-term plateau, as the market matures and projects are put to the test. Indeed, innovative use cases like governance, yield farming, and non-fungible tokens (NFTs) will play an essential role in the future’s economy, but not all of them will survive. GoldenPyrex Is Building a Sustainable and Independent Token Ecosystem A key…
12/24/2020 -
MetaSecond.AI OG Event – 1st Meta Solider Recruitment Event
Get ready for the Meta Soldier Recruitment — the verrrry 1st OG event for MetaSecond.AI! Buckle up buttercups, the hype train is leaving the station! Calling all brave-hearts and adventure-seekers, this is your chance to become a Meta Soldier — the most badass role in our community! Be an early bird and join MetaSecond.AI to help build and protect our metaverse. This ain’t no soldier boy-band, only the strong survive! 💪 Ready to catch this neuro-train to fame and fortune? Enlist now before spots run out! Hustle hustle, no time…
07/24/2023 -
Staking of Ethereum 2.0 Available to Alt 5 Pro Users
Advertisment Beacon Chain’s Ethereum 2.0, a long-planned upgrade to the Ethereum network finally launched to improve the network’s scalability, security, and sustainability. The following Eth2 upgrades will be achieved by different teams in different phases: You want the latest news about Crypto? Sign up to our weekly Newsletter! Email In phase 0, The Beacon chain line on December 01, 2020, at noonIn phase 1, shard chains will be implementedIn phase 1.5, Ethereum 1 refers to the Ethereum Mainnet that you transact on today will be merged with the Beacon…
12/24/2020 -
Bitcoin Could Hit $115K by August, Pantera’s Morehead Writes
“Bitcoin is now ahead of our April 2020 forecast schedule – to hit $115K this summer,” wrote Dan Morehead, CEO and co-chief investment officer at Pantera Capital, a blockchain hedge fund, in an emailed newsletter. The Pantera prediction is based on the stock-to-flow model – an analytical framework that values an asset’s price based on its annual issuance schedule. The model measures the scarcity of bitcoin (BTC), which is governed by the underlying network programming coded into the blockchain’s design when it was launched 12 years ago. Under that plan, the number of…
03/16/2021 -
Alaya: The Dark Horse in the Field of AI Data
With the rapid advancement of AI technology, the significance of data in the field of AI is becoming increasingly evident. The quality, quantity, and diversity of data directly impact the performance and accuracy of AI models. Alaya aspires to be a leader in the field of AI search by focusing on these three aspects. It aims to utilize blockchain technology to collect and annotate data, ultimately providing people with higher-quality data. Data Quality In the field of AI, data quality holds paramount importance for model training and predictive accuracy. High-quality…
10/23/2023 -
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