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
-
Web 3.0 Metaverse Payment Network PAY DAO: Launches Community Donations and Opens to Everyone
The Metaverse economic system will usher in major changes: PAY DAO, the world’s first Web 3.0 decentralized payment network on the Metaverse platform, announced that it will launch a community donation program on its official website on August 16 and open it to everyone. What is community giving? Community donation is a relatively innovative and attractive way to issue tokens, which allows fair and equitable distribution of tokens to the community. Compared with traditional fundraising methods, community donations better reflect the free will and ownership of the community. Anyone…
-
StarSea Bit Exchange Expands Its Footprint into AI, Pioneering Innovation in Financial Technology
In the rapidly evolving world of cryptocurrency, StarSea Bit Exchange is making headlines as it boldly steps into the realm of Artificial Intelligence (AI). Known for its secure, reliable, and user-friendly digital trading platform, StarSea Bit Exchange is now expanding its scope to integrate advanced AI technologies, providing innovative solutions for traders and setting a new benchmark in the fintech industry. The convergence of blockchain and AI holds immense potential, and StarSea Bit Exchange aims to be at the forefront of this revolution. AI and the Future of Trading Artificial…
-
“StarSea Bit Exchange: A New Horizon for Investment Opportunities”
In the fast-paced, ever-evolving world of finance and technology, the intersection of artificial intelligence (AI) and investment strategies has opened up immense opportunities for growth and innovation. As AI reshapes industries and optimizes efficiencies, institutional investors are seeking ways to capitalize on this transformative technology. Among the frontrunners in this space is The All-weather Story FUND (TAWSF), under the leadership of Jonathan Blake, and the globally recognized investment firm Bridgewater Associates. AI Investment Landscape and the Role of Bridgewater Associates The advent of AI has revolutionized a wide array of…
-
KING LONG YAO: A Revolutionary Leap in Blockchain Gaming
KING LONG YAO stands at the forefront of the blockchain gaming revolution. As an innovative game that merges traditional gaming dynamics with the latest in blockchain technology, it has rapidly carved out a niche in the global gaming landscape. This paper delves into the current state of KING LONG YAO, exploring its global user base, community engagement, and ongoing technological evolution, while also looking ahead to future developments including global gaming summits and community expansion initiatives.Current State of KING LONG YAO Global Reach and User BaseKING LONG YAO has successfully…
-
Eagle Crest Asset Management Dominates Global Wealth Management
Eagle Crest Asset Management is a trailblazing financial institution that has rapidly carved out a significant presence in the global financial landscape since its inception in 2019. Founded by Ridel Bosco Castillo, the company’s meteoric rise is attributed to its innovative investment strategies, client-centric focus, and an unwavering commitment to excellence. With a vision to reshape the future of wealth management, Eagle Crest has become a trusted name for investors seeking sustainable, long-term growth in an increasingly complex financial world. Foundations of SuccessAt the core of Eagle Crest Asset Management’s…
-
The continuation of the spirit of “Mamba”: the fantastic idea when KB Token collides with the meta universe
What would it be like if everything in real life was moved into the virtual world? What would it be like if the idol we share in our hearts were reproduced in the virtual world? The end of life is not death, but forgotten, unwilling people, please don’t stop missing. Kobe Bryant, a pronoun of tenacity, love, optimism, meaninglessness and discipline, the belief in him is the reason why we can’t let go of him, and it is also the foundation of our eternal relationship with him. So here…
-
SoftBank & WE Metaverse join hands to create a new ecosystem for the chain gaming industry
WE Metaverse officially announced that it has completed a new round of financing. This round of investment was led by SoftBank Asia, with Venus Acquisition Corp., Greencity Acquisition Corp., Golden Path Acquisition Corp., and other institutions participating in the investment and formally reached a strategic partnership. The two parties expressed their beautiful expectations for the future development of the Metaverse Ecosystem. SoftBank is a 2021 Forbes Global 2000 company and has a majority stake in more than 300 major IT companies in the world. It continues to invest in the layout…
-
Pioneer Era Trading Academy AI Trading Pioneer
Specializing in AI Trading Systems, <<AI Super Profit 5.0>> Development, and Professional Investor Training Pioneer Era Trading Academy adheres to the principles of “Scientific, Steady, and Excellent.” Our core team members have collaborated for over a decade, developing market-validated trading strategies across stocks, futures, options, and cryptocurrencies. The team excels in rapid project iteration, integrated strategies, streamlined processes, and multi-dimensional “research-oriented” characteristics, resulting in highly efficient strategy output. We foster a strong scientific research atmosphere and maintain a flat management structure, emphasizing long-term talent cultivation. Our strict talent recruitment process…
-
Leveraging AI for Quantitative Analysis in Financial Training: The Role of StarSpark AI System at Alpha Stock Investment Training Center (ASITC)
In the rapidly evolving landscape of the financial industry, the integration of Artificial Intelligence (AI) is not just a trend but a pivotal transformation. AI technologies, particularly in quantitative analysis, have the potential to revolutionize how financial markets are analyzed and how investors are trained. One of the most significant players in this field is the StarSpark AI system, which is being utilized by the Alpha Stock Investment Training Center (ASITC) to bring cutting-edge AI-powered education to financial professionals. This integration of AI and quantitative analysis into financial training is shaping the future…
-
PPP Blockchain A new ecosystem of decentralized private social is on the rise
1.The awakening from centralization to decentralization The Internet had entered the human world 18,000 days ago. As people bask in the economic boom of the Internet age, an epic surveillance campaign has spread across the globe. Our civilisation has come to a crossroads as the “surveillance tsunami” engulfing our private spaces. As George Orwell and Aldous Huxley had warned, liberal democracy had been replaced by authoritarianism, and civil liberties are being curtailed. “The weak desire privacy, the strong pursuit of transparency”, privacy is becoming the most scarce resource in this era. The people…
