Will Polygon Price Soar to $1.3? Multiple Support Sets Stage for Fresh Recovery
CoinGape (RSS)
Amid the recent correction trend in the crypto market, the Polygon price rally witnessed a notable downturn from the $1.28 resistance. This bearish reversal tumbled the coin’s market value by 18% to reach the current trading price of $1.06. Despite the continuous downward trend across the wider market, MATIC’s price is now positioned at a critical juncture of key support levels, presenting a pivotal moment for MATIC investors.
Also Read: Breaking: Bitcoin to Hit $150K, Ethereum $8K in 2024 – Standard Chartered
Will $1 Support Prevent a Slide to Lower Levels?
Polygon Price| Tradingview
Over the past two months, the ...
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CoinGape (RSS)
Amid the recent correction trend in the crypto market, the Polygon price rally witnessed a notable downturn from the $1.28 resistance. This bearish reversal tumbled the coin’s market value by 18% to reach the current trading price of $1.06. Despite the continuous downward trend across the wider market, MATIC’s price is now positioned at a critical juncture of key support levels, presenting a pivotal moment for MATIC investors.
Also Read: Breaking: Bitcoin to Hit $150K, Ethereum $8K in 2024 – Standard Chartered
Will $1 Support Prevent a Slide to Lower Levels?
Polygon Price| Tradingview
Over the past two months, the ...
View original post
Bitcoin Records $2.8 Bln Weekly Inflows As Digital Asset Inflows Scales New ATH
CoinGape (RSS)
In what comes as a remarkable milestone recently scaled within the cryptocurrency landscape, digital asset weekly inflows break another record, reaching $2.9 billion today, March 18. Following its recent topping of the $2.7 billion inflow mark in recent days, this milestone fueled immense curiosity among crypto market enthusiasts, underscoring the burgeoning adoption of digital assets globally. Amid this remarkable weekly inflow recorded, Bitcoin appears to be leading the pack with $2.89 billion in inflows. Other altcoins followed with Binance coin, Litecoin, Short Bitcoin, and Cardano, following BTC’s lead.
A Closer Look Into The Report
Digital asset investment products witnessed a notable surge in weekly inflows, per a report, surpassing the ATH of $2.7 billion this week to reach $2.9 billion. This comes riding the market sentiments of buy-the-dip, as investors poured substantial funds int...
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CoinGape (RSS)
In what comes as a remarkable milestone recently scaled within the cryptocurrency landscape, digital asset weekly inflows break another record, reaching $2.9 billion today, March 18. Following its recent topping of the $2.7 billion inflow mark in recent days, this milestone fueled immense curiosity among crypto market enthusiasts, underscoring the burgeoning adoption of digital assets globally. Amid this remarkable weekly inflow recorded, Bitcoin appears to be leading the pack with $2.89 billion in inflows. Other altcoins followed with Binance coin, Litecoin, Short Bitcoin, and Cardano, following BTC’s lead.
A Closer Look Into The Report
Digital asset investment products witnessed a notable surge in weekly inflows, per a report, surpassing the ATH of $2.7 billion this week to reach $2.9 billion. This comes riding the market sentiments of buy-the-dip, as investors poured substantial funds int...
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EtherFi Airdrop Sparks Controversy In Crypto Community
CoinGape (RSS)
The EtherFi airdrop proposition has sparked controversies among investors because of the uneven distribution of the token. On the 16th of March, EtherFi revealed the plans for the first phase, where 6% of the total token supply will be released. The second phase will cover another 5% of tokens in airdrop.
So what’s the trouble? Let’s discuss that in this blog.
What is EtherFi ?
EtherFi is a platform that allows decentralized liquid staking options where the users can stake ETH to receive rewards and help out Nord operators. The decentralized tag is related to the fact that the stakes get to control their keys and retain custody of their stakings. Not only this but for every validator launched here, an NFT is minted.
It has its native token called ETHFI, which is currently trading at $4.51 with a market cap of $518,957,601. It was launched with an ...
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CoinGape (RSS)
The EtherFi airdrop proposition has sparked controversies among investors because of the uneven distribution of the token. On the 16th of March, EtherFi revealed the plans for the first phase, where 6% of the total token supply will be released. The second phase will cover another 5% of tokens in airdrop.
So what’s the trouble? Let’s discuss that in this blog.
What is EtherFi ?
EtherFi is a platform that allows decentralized liquid staking options where the users can stake ETH to receive rewards and help out Nord operators. The decentralized tag is related to the fact that the stakes get to control their keys and retain custody of their stakings. Not only this but for every validator launched here, an NFT is minted.
It has its native token called ETHFI, which is currently trading at $4.51 with a market cap of $518,957,601. It was launched with an ...
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SEC Charges Delphia and Global Predictions with False AI Claims
Cryptopolitan (RSS)
The Securities and Exchange Commission (SEC) has announced settled charges against two investment advisers, Delphia (USA) Inc. and Global Predictions Inc., for making false and misleading statements regarding their use of artificial intelligence (AI). The firms have agreed to pay a total of $400,000 in civil penalties.
Misleading statements about AI usage
Delphia, based in Toronto, falsely claimed to incorporate AI and machine learning into its investment process, stating it utilized client data to predict market trends. Similarly, San Francisco-based Global Predictions misrepresented its AI capabilities, claiming to be the “first regulated AI financial advisor” and offering expert AI-driven forecasts.
The SEC found both firms in violation of the Marketing Rule, which prohibits the dissemination of false or misleading advertisements. Delphia was charged with making untrue statements in SEC filings, p...
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Cryptopolitan (RSS)
The Securities and Exchange Commission (SEC) has announced settled charges against two investment advisers, Delphia (USA) Inc. and Global Predictions Inc., for making false and misleading statements regarding their use of artificial intelligence (AI). The firms have agreed to pay a total of $400,000 in civil penalties.
Misleading statements about AI usage
Delphia, based in Toronto, falsely claimed to incorporate AI and machine learning into its investment process, stating it utilized client data to predict market trends. Similarly, San Francisco-based Global Predictions misrepresented its AI capabilities, claiming to be the “first regulated AI financial advisor” and offering expert AI-driven forecasts.
The SEC found both firms in violation of the Marketing Rule, which prohibits the dissemination of false or misleading advertisements. Delphia was charged with making untrue statements in SEC filings, p...
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Drones Are Becoming More Than Just Flying Cameras With AI
Cryptopolitan (RSS)
In the past, drones were seen as flying devices with cameras controlled remotely by people. However, they are gradually becoming much more advanced and intelligent with the infusion of AI technology.
One could say that the integration of AI is essentially giving drones a brain. They’re no longer just flying machines; they’re becoming capable of making decisions, analysing data, and even learning on their own.
Chinese Engineers Develop Fleet of Autonomous AI Drones
CGTN reported Monday that researchers at Zhejiang University in east China have developed a fleet of miniature drones that are capable of manoeuvring forests and complex environments through AI technology without needing human inputs.
“While traditional drones require skilled operators to control their flight with a remote controller, we have chosen to let drones make their own decisions, granting them the ability to perceive and observe the env...
View original post
Cryptopolitan (RSS)
In the past, drones were seen as flying devices with cameras controlled remotely by people. However, they are gradually becoming much more advanced and intelligent with the infusion of AI technology.
One could say that the integration of AI is essentially giving drones a brain. They’re no longer just flying machines; they’re becoming capable of making decisions, analysing data, and even learning on their own.
Chinese Engineers Develop Fleet of Autonomous AI Drones
CGTN reported Monday that researchers at Zhejiang University in east China have developed a fleet of miniature drones that are capable of manoeuvring forests and complex environments through AI technology without needing human inputs.
“While traditional drones require skilled operators to control their flight with a remote controller, we have chosen to let drones make their own decisions, granting them the ability to perceive and observe the env...
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India’s Unique Approach to AI Emphasizes Opportunities Over Risks
Cryptopolitan (RSS)
India’s approach to artificial intelligence (AI) diverges from the predominant discourse in the West, focusing on the abundant opportunities rather than fixating on potential risks, emphasized Debjani Ghosh, the president of Nasscom, the apex body of the IT industry in India.
Opportunity-centric approach
Ghosh advocated for a distinct approach tailored to India’s context, highlighting the need to shift the narrative from fear to optimism regarding AI. While acknowledging the importance of oversight, she stressed the significance of embracing the potential of AI to drive innovation and growth.
Ghosh emphasized the pivotal role of the startup ecosystem in harnessing AI’s potential. She noted that the tools, products, and services essential for leveraging AI capabilities would predominantly emerge from startups. Ghosh envisioned this synergy between AI and startups as instrumental in propelling India ...
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Cryptopolitan (RSS)
India’s approach to artificial intelligence (AI) diverges from the predominant discourse in the West, focusing on the abundant opportunities rather than fixating on potential risks, emphasized Debjani Ghosh, the president of Nasscom, the apex body of the IT industry in India.
Opportunity-centric approach
Ghosh advocated for a distinct approach tailored to India’s context, highlighting the need to shift the narrative from fear to optimism regarding AI. While acknowledging the importance of oversight, she stressed the significance of embracing the potential of AI to drive innovation and growth.
Ghosh emphasized the pivotal role of the startup ecosystem in harnessing AI’s potential. She noted that the tools, products, and services essential for leveraging AI capabilities would predominantly emerge from startups. Ghosh envisioned this synergy between AI and startups as instrumental in propelling India ...
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ETHFI token’s strong start fades with over 20% drop post-debut
Cryptopolitan (RSS)
Ether.Fi, known for its liquid restaking protocol, has officially launched its governance token, ETHFI, starting at an opening price of $4.13. This follows the token’s distribution through an airdrop and a Binance Launchpad round.
Despite the initial interest, ETHFI saw a decline of over 20%, with its current trading price at $3.41 on Binance at the time of writing. In the early trading phase, the token achieved a volume of more than $118 million within just 45 minutes.
ETHFI’s fully diluted value (FDV) has reached $3.6 billion, suggesting the market’s valuation with the total supply in circulation. The token’s launch involved significant participation, with over $2 billion in FDUSD stablecoin and 17.3 million BNB, equivalent to $10 billion, staked on the Binance Launchpad. Participants in this Launchpad received ETHFI allocations proportio...
View original post
Cryptopolitan (RSS)
Ether.Fi, known for its liquid restaking protocol, has officially launched its governance token, ETHFI, starting at an opening price of $4.13. This follows the token’s distribution through an airdrop and a Binance Launchpad round.
Despite the initial interest, ETHFI saw a decline of over 20%, with its current trading price at $3.41 on Binance at the time of writing. In the early trading phase, the token achieved a volume of more than $118 million within just 45 minutes.
ETHFI’s fully diluted value (FDV) has reached $3.6 billion, suggesting the market’s valuation with the total supply in circulation. The token’s launch involved significant participation, with over $2 billion in FDUSD stablecoin and 17.3 million BNB, equivalent to $10 billion, staked on the Binance Launchpad. Participants in this Launchpad received ETHFI allocations proportio...
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Controversy Surrounds STAR WARS Battlefront Classic Collection Release
Cryptopolitan (RSS)
The recent launch of the STAR WARS Battlefront Classic Collection by Aspyr Media has sparked significant controversy within the gaming community. Allegations have surfaced regarding the uncredited usage of mods developed by independent modders without acknowledgment or compensation.
These claims have ignited a firestorm of criticism directed towards Aspyr Media, with notable figures within the Star Wars Battlefront modding community voicing their frustrations on social media platforms such as Twitter.
Accusations of uncredited mod usage
Modders have accused Aspyr Media of incorporating their work into the Classic Collection without proper credit or compensation. Despite previous assurances from Aspyr Media denying such actions, members of the modding community claim to have identified their creations wit...
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Cryptopolitan (RSS)
The recent launch of the STAR WARS Battlefront Classic Collection by Aspyr Media has sparked significant controversy within the gaming community. Allegations have surfaced regarding the uncredited usage of mods developed by independent modders without acknowledgment or compensation.
These claims have ignited a firestorm of criticism directed towards Aspyr Media, with notable figures within the Star Wars Battlefront modding community voicing their frustrations on social media platforms such as Twitter.
Accusations of uncredited mod usage
Modders have accused Aspyr Media of incorporating their work into the Classic Collection without proper credit or compensation. Despite previous assurances from Aspyr Media denying such actions, members of the modding community claim to have identified their creations wit...
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Milady NFT memecoin reaches $18.6M presale goal in less than 2 hours
Cointelegraph.com News (RSS)
"Presale is live for the ever-fashionable SOL-loving Milady wif hat. Sending some love to the SOL community now," developers wrote.
Cointelegraph.com News (RSS)
"Presale is live for the ever-fashionable SOL-loving Milady wif hat. Sending some love to the SOL community now," developers wrote.
Where Is Nayib Bukele Actually Storing El Salvador's Bitcoin?
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Last week, the sats stacking president of the "Land of Many Volcanoes" announced he was moving the country's thousands of BTC into a bitcoin "piggy bank."
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Last week, the sats stacking president of the "Land of Many Volcanoes" announced he was moving the country's thousands of BTC into a bitcoin "piggy bank."
Chinese Bitcoin Holdings Now Rank Second Among Nation-states With 190,000 BTC
Coincu (RSS)
Chinese Bitcoin holdings rank second globally with 190,000 Bitcoins, trailing behind the United States, which leads with 210,000 Bitcoins.Read more...
Coincu News
Coincu (RSS)
Chinese Bitcoin holdings rank second globally with 190,000 Bitcoins, trailing behind the United States, which leads with 210,000 Bitcoins.Read more...
Coincu News
Bankman-Fried Memo Reveals His Cunning During FTX Crisis
Coincu (RSS)
Bankman-Fried memo outlines strategies to deflect blame onto others, including appearing on media platforms like Tucker Carlson's show.Read more...
Coincu News
Coincu (RSS)
Bankman-Fried memo outlines strategies to deflect blame onto others, including appearing on media platforms like Tucker Carlson's show.Read more...
Coincu News
Standard Chartered Bank Predicts Bitcoin Soars to $250,000 by 2025!
Coincu (RSS)
Standard Chartered Bank has revised its Bitcoin price targets upwards. Read more...
Coincu News
Coincu (RSS)
Standard Chartered Bank has revised its Bitcoin price targets upwards. Read more...
Coincu News
Whopping Plummet: Address Dumps $1.48M in Meme Tokens Within Hours!
Coincu (RSS)
On-chain analyst @ai_9684xtpa has revealed concerning findings meme token regarding the address 2Znc4...pW6Cf, shedding light on its tumultuous journey within the cryptocurrency market. Read more...
Coincu News
Coincu (RSS)
On-chain analyst @ai_9684xtpa has revealed concerning findings meme token regarding the address 2Znc4...pW6Cf, shedding light on its tumultuous journey within the cryptocurrency market. Read more...
Coincu News
Central Bank Sets Guidelines for Digital RMB Payments in China!
Coincu (RSS)
The People's Bank of China's official public account has unveiled the "Digital RMB Payment Guide for Overseas People in China," facilitating seamless transactions for foreigners in the country. Read more...
Coincu News
Coincu (RSS)
The People's Bank of China's official public account has unveiled the "Digital RMB Payment Guide for Overseas People in China," facilitating seamless transactions for foreigners in the country. Read more...
Coincu News
Grab Partners with Triple A to Introduce Cryptocurrency Recharge for GrabPay
Coincu (RSS)
Grab partners with Triple A to introduce cryptocurrency recharge services to its digital wallet, GrabPay. Read more...
Coincu News
Coincu (RSS)
Grab partners with Triple A to introduce cryptocurrency recharge services to its digital wallet, GrabPay. Read more...
Coincu News
Worldcoin Addresses Legal Concerns Amid Spanish Operational Ban
CoinGape (RSS)
Worldcoin, the global digital identity and cryptocurrency initiative, recently addressed its legal standing and compliance. On March 18, the project brought insights to the world through a blog post named “Essential Details on Worldcoin.” The post was meant to shed light on its operational, regulatory, and compliance status in different service regions.
This step comes in a period of growing legal uncertainty, particularly as emphasized by its recent struggles in Spain. Worldcoin marked its dedication to legal operations, compliant with local and international rules on how to handle and store data and privacy.
In the elaborate exposition, Worldcoin stated that it complies with strict data protection principles. It specifically referred to adherence to the General Data Protection Regulation in Europe and the Persona...
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CoinGape (RSS)
Worldcoin, the global digital identity and cryptocurrency initiative, recently addressed its legal standing and compliance. On March 18, the project brought insights to the world through a blog post named “Essential Details on Worldcoin.” The post was meant to shed light on its operational, regulatory, and compliance status in different service regions.
This step comes in a period of growing legal uncertainty, particularly as emphasized by its recent struggles in Spain. Worldcoin marked its dedication to legal operations, compliant with local and international rules on how to handle and store data and privacy.
In the elaborate exposition, Worldcoin stated that it complies with strict data protection principles. It specifically referred to adherence to the General Data Protection Regulation in Europe and the Persona...
View original post
Dogwifhat Meme Sold for $4M to GCR, WIF Prices Rally
CoinGape (RSS)
The original Dogwifhat meme, depicting Achi the dog donning a pink beanie hat, has been sold for 1,210 Ether (ETH), equivalent to approximately $4 million. A trader named GiganticRebirth (GCR) got the acquisition, which led to a major rally in the values of Dogwifhat (WIF), a meme coin built on the Solana blockchain. This event has been the subject of much attention, constituting another important milestone in the relation between meme culture and cryptocurrency.
Dogwifhat Auction Sparks Widespread Interest
The sale occurred on Foundation, a website dedicated to crypto art and auctions, where the original piece was listed for an opening price of 0.15 ETH. The auction was marked by a heated bidding war, mostly between GCR, bidding anonymously as “PleasrDAO” and Memeland, another maj...
View original post
CoinGape (RSS)
The original Dogwifhat meme, depicting Achi the dog donning a pink beanie hat, has been sold for 1,210 Ether (ETH), equivalent to approximately $4 million. A trader named GiganticRebirth (GCR) got the acquisition, which led to a major rally in the values of Dogwifhat (WIF), a meme coin built on the Solana blockchain. This event has been the subject of much attention, constituting another important milestone in the relation between meme culture and cryptocurrency.
Dogwifhat Auction Sparks Widespread Interest
The sale occurred on Foundation, a website dedicated to crypto art and auctions, where the original piece was listed for an opening price of 0.15 ETH. The auction was marked by a heated bidding war, mostly between GCR, bidding anonymously as “PleasrDAO” and Memeland, another maj...
View original post
Gavekal Research Alerts on Global Liquidity Drain in Crypto Bull Market: Bloomberg
CoinGape (RSS)
Gavekal Research has conducted a thorough examination of the current global liquidity landscape, offering insights that illuminate its potential impact on market stability. In a time where market dynamics are shifting rapidly, understanding the nuances of liquidity becomes paramount for investors seeking to navigate turbulent waters.
At the heart of Gavekal Research’s analysis are the key factors driving the anticipated liquidity drain. Chief among these factors are the actions undertaken by the Federal Reserve, whose policies wield significant influence over the global financial ecosystem.
Additionally, the increased issuance of US Treasuries and the possibility of cash repatriation to Japan following interest rate adjustments further compound the liquidity landscape. These fac...
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CoinGape (RSS)
Gavekal Research has conducted a thorough examination of the current global liquidity landscape, offering insights that illuminate its potential impact on market stability. In a time where market dynamics are shifting rapidly, understanding the nuances of liquidity becomes paramount for investors seeking to navigate turbulent waters.
At the heart of Gavekal Research’s analysis are the key factors driving the anticipated liquidity drain. Chief among these factors are the actions undertaken by the Federal Reserve, whose policies wield significant influence over the global financial ecosystem.
Additionally, the increased issuance of US Treasuries and the possibility of cash repatriation to Japan following interest rate adjustments further compound the liquidity landscape. These fac...
View original post