Ethereum Price Prediction: Is Smart Money Buying Or Selling ETH At $3,300?
CoinGape (RSS)
Ethereum price prediction: Ether flirts with short-term support at $3,300 barely a week after climbing to a new yearly high of $4,095. For some investors this correction means panic.
However, savvy participants, otherwise referred to as smart money, are acting by scooping up the liquidity following $122 million in liquidations, according to Coinglass data.
Ethereum liquidations | Coinglass
Ethereum Price Prediction: What’s Next After Holding $3,300 Support
Traders are deliberating whether to buy or short Ethereum price at $3,300 support. Unfortunately, there is no easy answer to the dilemma, especially with the Relative Strength Index (RSI) bouncing back to 42 after testing near oversold levels (30 and below).
The bullish outlook ...
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CoinGape (RSS)
Ethereum price prediction: Ether flirts with short-term support at $3,300 barely a week after climbing to a new yearly high of $4,095. For some investors this correction means panic.
However, savvy participants, otherwise referred to as smart money, are acting by scooping up the liquidity following $122 million in liquidations, according to Coinglass data.
Ethereum liquidations | Coinglass
Ethereum Price Prediction: What’s Next After Holding $3,300 Support
Traders are deliberating whether to buy or short Ethereum price at $3,300 support. Unfortunately, there is no easy answer to the dilemma, especially with the Relative Strength Index (RSI) bouncing back to 42 after testing near oversold levels (30 and below).
The bullish outlook ...
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The Bitcoin Halving Really Is Different This Time
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
BlackRock Creates Tokenized Asset Fund, SEC Filing Shows
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The fund was seeded with $100 million in USDC stablecoin using the Ethereum network, blockchain data shows.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The fund was seeded with $100 million in USDC stablecoin using the Ethereum network, blockchain data shows.
Binance founder launches educational platform Giggle Academy
Cryptopolitan (RSS)
Changpeng “CZ” Zhao, the founder of Binance, a leading cryptocurrency exchange, has unveiled plans to launch Giggle Academy, a nonprofit online education platform. This initiative comes amidst legal challenges stemming from federal money laundering charges faced by Zhao, who stepped down as Binance’s CEO in November as part of a settlement agreement.
Binance founder launches educational platform
Giggle Academy aims to provide free and engaging basic education globally, with a focus on grades 1-12 and beyond. The platform’s core mission is to make education accessible, addictive, and adaptive, particularly targeting regions with limited educational opportunities. The former Binance CEO envisions leveraging gamification and adaptive learning techniques to enhance student engagement and promote subject specialization.
Despit...
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Cryptopolitan (RSS)
Changpeng “CZ” Zhao, the founder of Binance, a leading cryptocurrency exchange, has unveiled plans to launch Giggle Academy, a nonprofit online education platform. This initiative comes amidst legal challenges stemming from federal money laundering charges faced by Zhao, who stepped down as Binance’s CEO in November as part of a settlement agreement.
Binance founder launches educational platform
Giggle Academy aims to provide free and engaging basic education globally, with a focus on grades 1-12 and beyond. The platform’s core mission is to make education accessible, addictive, and adaptive, particularly targeting regions with limited educational opportunities. The former Binance CEO envisions leveraging gamification and adaptive learning techniques to enhance student engagement and promote subject specialization.
Despit...
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AI Integration Propels Translation Sector to Unprecedented Heights
Cryptopolitan (RSS)
As the global translation industry faces disruption, Smartling emerges as a frontrunner, spearheading innovation with its groundbreaking implementation of AI technology. Amidst declining trends within the translation sector, Smartling achieved a remarkable 40% growth rate in 2023, a feat further accelerated in 2024. The company’s pioneering use of AI has revolutionized translation services, delivering human-quality translations at unprecedented speed and cost-efficiency.
AI revolutionizes the translation landscape
Smartling’s CEO, Bryan Murphy, attributes its standout performance to its innovative AI-driven approach. By leveraging artificial intelligence, Smartling has effectively slashed translation costs by half and accelerated the process tenfold compared to traditional methods. In an interview with VentureBeat...
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Cryptopolitan (RSS)
As the global translation industry faces disruption, Smartling emerges as a frontrunner, spearheading innovation with its groundbreaking implementation of AI technology. Amidst declining trends within the translation sector, Smartling achieved a remarkable 40% growth rate in 2023, a feat further accelerated in 2024. The company’s pioneering use of AI has revolutionized translation services, delivering human-quality translations at unprecedented speed and cost-efficiency.
AI revolutionizes the translation landscape
Smartling’s CEO, Bryan Murphy, attributes its standout performance to its innovative AI-driven approach. By leveraging artificial intelligence, Smartling has effectively slashed translation costs by half and accelerated the process tenfold compared to traditional methods. In an interview with VentureBeat...
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United Kingdom introduces measures against crypto market abuse
Cryptopolitan (RSS)
The Financial Conduct Authority (FCA) in the United Kingdom is gearing up to strengthen its oversight of the cryptocurrency sector in the next 12 months, with a focus on detecting and addressing market abuse. As outlined in its plans for 2024 to 2025, the United Kingdom FCA’s objectives include enhancing its capabilities to identify and pursue instances of market abuse within the crypto industry.
United Kingdom announces market protection measures
This strategic approach involves implementing tighter measures to combat market abuse and bolstering monitoring systems to uphold market integrity effectively. A significant aspect of the United Kingdom FCA’s strategy is the development of advanced analytics capabilities, including network analysis and cross-asset class visualizations. These analytical tools will empower the regulator to...
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Cryptopolitan (RSS)
The Financial Conduct Authority (FCA) in the United Kingdom is gearing up to strengthen its oversight of the cryptocurrency sector in the next 12 months, with a focus on detecting and addressing market abuse. As outlined in its plans for 2024 to 2025, the United Kingdom FCA’s objectives include enhancing its capabilities to identify and pursue instances of market abuse within the crypto industry.
United Kingdom announces market protection measures
This strategic approach involves implementing tighter measures to combat market abuse and bolstering monitoring systems to uphold market integrity effectively. A significant aspect of the United Kingdom FCA’s strategy is the development of advanced analytics capabilities, including network analysis and cross-asset class visualizations. These analytical tools will empower the regulator to...
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NVIDIA GTC Unveils Powerful Tools Empowering Creators
Cryptopolitan (RSS)
At the recent NVIDIA GPU Technology Conference (GTC), many cutting-edge tools were unveiled, promising to revolutionize content creation by integrating generative AI and accelerated computing. These advancements aim to empower creators with enhanced capabilities across various platforms.
Adobe substance 3D stager and sampler upgrades
In collaboration with Adobe Firefly, Adobe Substance 3D Stager and Sampler received significant upgrades, amplifying their functionality for creators. The introduction of the Generative Background feature in Substance 3D Stager, powered by Adobe Firefly, enables the seamless creation of immersive backdrops for rendered images. The Match Image tool also utilizes machine learning to accurately position 3D models within the generated background, optimizing lighting and perspective for heightened realism.
Mean...
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Cryptopolitan (RSS)
At the recent NVIDIA GPU Technology Conference (GTC), many cutting-edge tools were unveiled, promising to revolutionize content creation by integrating generative AI and accelerated computing. These advancements aim to empower creators with enhanced capabilities across various platforms.
Adobe substance 3D stager and sampler upgrades
In collaboration with Adobe Firefly, Adobe Substance 3D Stager and Sampler received significant upgrades, amplifying their functionality for creators. The introduction of the Generative Background feature in Substance 3D Stager, powered by Adobe Firefly, enables the seamless creation of immersive backdrops for rendered images. The Match Image tool also utilizes machine learning to accurately position 3D models within the generated background, optimizing lighting and perspective for heightened realism.
Mean...
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Genesis reaches agreement to settle SEC case for $21 million
Cryptopolitan (RSS)
Genesis Global Capital has recently settled a legal dispute with the United States Securities and Exchange Commission (SEC) by agreeing to pay a substantial civil penalty of $21 million. This settlement stems from allegations related to the Gemini Earn lending program, which Genesis and Gemini were accused of launching without proper registration as a securities offering targeted at retail investors.
Genesis to settle SEC case with $21 million
The SEC’s chair, Gary Gensler, emphasized the significance of crypto lending platforms and other intermediaries adhering to securities laws in a statement made on March 19. Gensler stressed that such compliance is crucial not just for investor protection but also for maintaining trust and integrity in financial markets, asserting that compliance with securities laws is mandatory rather than discretionary....
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Cryptopolitan (RSS)
Genesis Global Capital has recently settled a legal dispute with the United States Securities and Exchange Commission (SEC) by agreeing to pay a substantial civil penalty of $21 million. This settlement stems from allegations related to the Gemini Earn lending program, which Genesis and Gemini were accused of launching without proper registration as a securities offering targeted at retail investors.
Genesis to settle SEC case with $21 million
The SEC’s chair, Gary Gensler, emphasized the significance of crypto lending platforms and other intermediaries adhering to securities laws in a statement made on March 19. Gensler stressed that such compliance is crucial not just for investor protection but also for maintaining trust and integrity in financial markets, asserting that compliance with securities laws is mandatory rather than discretionary....
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BlackRock’s $100 million dive into digital assets
Cryptopolitan (RSS)
BlackRock, the world’s largest asset manager, has announced the creation of the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). This fund, as disclosed in filings with the U.S. Securities and Exchange Commission (SEC), is designed to operate on the Ethereum blockchain and will comprise tokenized assets.
BlackRock commits $100 million to tokenized Fund, embracing digital finance
Blockchain data reveals that the fund has been initialized with a substantial $100 million investment in USDC stablecoin, a cryptocurrency pegged to the value of the U.S. dollar.
This investment signifies BlackRock’s commitment to exploring the potential of digital assets within institutional finance.
BlackRock’s founder and CEO, Larry ...
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Cryptopolitan (RSS)
BlackRock, the world’s largest asset manager, has announced the creation of the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). This fund, as disclosed in filings with the U.S. Securities and Exchange Commission (SEC), is designed to operate on the Ethereum blockchain and will comprise tokenized assets.
BlackRock commits $100 million to tokenized Fund, embracing digital finance
Blockchain data reveals that the fund has been initialized with a substantial $100 million investment in USDC stablecoin, a cryptocurrency pegged to the value of the U.S. dollar.
This investment signifies BlackRock’s commitment to exploring the potential of digital assets within institutional finance.
BlackRock’s founder and CEO, Larry ...
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Cities Harness AI to Revolutionize Traffic Management
Cryptopolitan (RSS)
In Raleigh, North Carolina, Mark Wittenburg, the city’s Chief Information Officer (CIO), spearheads innovative efforts to enhance traffic management and safety using artificial intelligence (AI). Partnering with industry leaders like Nvidia and Esri, Raleigh has embarked on a pilot project deploying AI cameras and vision tools to analyze traffic patterns and counts at various intersections. The ultimate goal? To eliminate traffic fatalities as part of Raleigh’s Vision Zero initiative.
Expanding AI implementation in Raleigh
With promising initial results, Wittenburg’s team is seeking funding to scale up the pilot project from a few intersections to encompass every intersection in the city. This expansion aims to leverage AI’s capabilities in identifying near-miss incidents between vehicles and pedestrians, thus enabling proact...
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Cryptopolitan (RSS)
In Raleigh, North Carolina, Mark Wittenburg, the city’s Chief Information Officer (CIO), spearheads innovative efforts to enhance traffic management and safety using artificial intelligence (AI). Partnering with industry leaders like Nvidia and Esri, Raleigh has embarked on a pilot project deploying AI cameras and vision tools to analyze traffic patterns and counts at various intersections. The ultimate goal? To eliminate traffic fatalities as part of Raleigh’s Vision Zero initiative.
Expanding AI implementation in Raleigh
With promising initial results, Wittenburg’s team is seeking funding to scale up the pilot project from a few intersections to encompass every intersection in the city. This expansion aims to leverage AI’s capabilities in identifying near-miss incidents between vehicles and pedestrians, thus enabling proact...
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Gold predicted to hit $2,600 per ounce as demand surge
Cryptopolitan (RSS)
Bitcoin (BTC) and gold have been focal points of market analysis in recent weeks, each exhibiting distinct trends and attracting attention from investors and analysts. Following its all-time high last week, Bitcoin experienced a significant 12% decrease, while gold demonstrated relative stability with only a slight 1% decline over the past five days.
Analysts predict a surge in the price of Gold
Bitcoin, as the leading cryptocurrency, surged to $2,193 per troy ounce of .999 fine gold on March 8, 2024. Presently, it hovers around $2,155 per unit, showcasing a noteworthy 7.7% increase against the U.S. dollar in the last month. Despite the recent downturn, optimism prevails among enthusiasts and analysts in the crypto community regarding Bitcoin’s future trajectory.
On the other hand, the precious metal has maintained a steady performance, with its price hoverin...
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Cryptopolitan (RSS)
Bitcoin (BTC) and gold have been focal points of market analysis in recent weeks, each exhibiting distinct trends and attracting attention from investors and analysts. Following its all-time high last week, Bitcoin experienced a significant 12% decrease, while gold demonstrated relative stability with only a slight 1% decline over the past five days.
Analysts predict a surge in the price of Gold
Bitcoin, as the leading cryptocurrency, surged to $2,193 per troy ounce of .999 fine gold on March 8, 2024. Presently, it hovers around $2,155 per unit, showcasing a noteworthy 7.7% increase against the U.S. dollar in the last month. Despite the recent downturn, optimism prevails among enthusiasts and analysts in the crypto community regarding Bitcoin’s future trajectory.
On the other hand, the precious metal has maintained a steady performance, with its price hoverin...
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Kyle Davies of 3AC, Unfazed by Firm’s Bankruptcy Outcome
CoinGape (RSS)
Kyle Davies, co-founder of the now-bankrupt hedge fund Three Arrows Capital (3AC), recently engaged in a revealing conversation with journalist Laura Shin. In the course of the interview, Kyle Davies shed light on the continued bankruptcy proceedings of 3AC, the challenges regulators across the globe are facing, and his activities following the downfall of the fund. Notwithstanding the hardships, Davies showed a bright side in the matter of settling with creditors and his future in the cryptocurrency sector.
Davies told Shin that he kept meeting with Teneo, the liquidator who was handling 3AC’s bankruptcy case, and the fund’s creditors. He was hopeful of a compromise that would be satisfactory to all affected partie...
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CoinGape (RSS)
Kyle Davies, co-founder of the now-bankrupt hedge fund Three Arrows Capital (3AC), recently engaged in a revealing conversation with journalist Laura Shin. In the course of the interview, Kyle Davies shed light on the continued bankruptcy proceedings of 3AC, the challenges regulators across the globe are facing, and his activities following the downfall of the fund. Notwithstanding the hardships, Davies showed a bright side in the matter of settling with creditors and his future in the cryptocurrency sector.
Davies told Shin that he kept meeting with Teneo, the liquidator who was handling 3AC’s bankruptcy case, and the fund’s creditors. He was hopeful of a compromise that would be satisfactory to all affected partie...
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BlackRock begins asset tokenization with launch of digital liquidity fund
Cointelegraph.com News (RSS)
The world’s largest asset manager has taken “the next step forward” toward a single ledger, instantaneous settlement and ending illicit activities, in the view of CEO Larry Fink.
Cointelegraph.com News (RSS)
The world’s largest asset manager has taken “the next step forward” toward a single ledger, instantaneous settlement and ending illicit activities, in the view of CEO Larry Fink.
Advocacy groups file amicus briefs encouraging SEC to write crypto rules
Cointelegraph.com News (RSS)
The Crypto Council for Innovation, Satoshi Action Fund, Texas Blockchain Council, Paradigm, Lejilex and the U.S. Chamber of Commerce all called on the SEC to establish guidelines.
Cointelegraph.com News (RSS)
The Crypto Council for Innovation, Satoshi Action Fund, Texas Blockchain Council, Paradigm, Lejilex and the U.S. Chamber of Commerce all called on the SEC to establish guidelines.
Ether ETFs Likely Won't Get Approved in May, Bloomberg Analyst Predicts
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Odds that spot ether ETFs will get approved in May have gotten slimmer, according to a Bloomberg ETF analyst who cited U.S. regulators' seeming lack of engagement with potential issuers over the products.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
Odds that spot ether ETFs will get approved in May have gotten slimmer, according to a Bloomberg ETF analyst who cited U.S. regulators' seeming lack of engagement with potential issuers over the products.
Immutable, Polygon’s new $100M fund to throw cash at Pixelmon, among others
Cointelegraph.com News (RSS)
Immutable and Polygon have teamed up to find blockchain games for their new $100 million fund to bankroll, starting with seven games native to their blockchains.
Cointelegraph.com News (RSS)
Immutable and Polygon have teamed up to find blockchain games for their new $100 million fund to bankroll, starting with seven games native to their blockchains.
USDM Stablecoin Rated Adequate in S&P Global Stability Report
CoinGape (RSS)
In the latest release from S&P Global Ratings, the Mountain Protocol’s USDM stablecoin has been granted an “adequate” rating regarding its stability and ability to maintain its peg to the U.S. dollar. This assessment is part of the firm’s ninth Stablecoin Stability Assessment, aimed at providing tolerance and dependability for different stablecoins within the market.
Assessment Criteria and Ratings Overview
S&P Global Ratings uses numerous criteria to determine the stability of stablecoins. Such risks are credit risk, market risk, custody risk, resiliency of reserve fund, liquidation mechanisms, over-collateralisation, governance, regulatory compliance, and thi...
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CoinGape (RSS)
In the latest release from S&P Global Ratings, the Mountain Protocol’s USDM stablecoin has been granted an “adequate” rating regarding its stability and ability to maintain its peg to the U.S. dollar. This assessment is part of the firm’s ninth Stablecoin Stability Assessment, aimed at providing tolerance and dependability for different stablecoins within the market.
Assessment Criteria and Ratings Overview
S&P Global Ratings uses numerous criteria to determine the stability of stablecoins. Such risks are credit risk, market risk, custody risk, resiliency of reserve fund, liquidation mechanisms, over-collateralisation, governance, regulatory compliance, and thi...
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