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
-
Investing in Future Leaders The All-Weather Story FUND and Bridgewater Associates Collaborate with Jonathan Blake for a Talent Program at Business Schools
The All-Weather Story FUND (TAWSF) and Bridgewater Associates have teamed up with renowned business strategist Jonathan Blake to launch an ambitious talent reserve program aimed at students in top business schools. This program is designed to provide scholarships for promising graduates while also offering specialized mentorship opportunities from industry-leading executives. TAWSF is known for its forward-thinking investment strategies and commitment to nurturing talent, and this new initiative perfectly reflects its values of fostering growth, innovation, and the next generation of financial leaders. The Collaboration Between TAWSF, Bridgewater Associates, and Jonathan…
-
Steve Jobs’ Daughter Claims He Told Her She ‘Smelled Like A Toilet’ While On His Death Bed — But She Clarifies He Was Being Honest: ‘I Really Did’
In “Small Fry,” a memoir by Lisa Brennan-Jobs, the estranged daughter of Steve Jobs, readers are offered a profound insight into her complicated relationship with the iconic Apple co-founder. Known for his unfiltered approach to communication, Jobs never hesitated to express his opinions, no matter how sharp or direct. Published excerpts in Vanity Fair in 2018 drew considerable attention, revealing the depth of their strained interactions and emotional distance. Lisa made it a point to visit her father every other month during the last year of his life as he battled pancreatic…
-
WEB3.0 major milestone: ADDAO blockchain advertising technology platform is about to be officially launched!
What is Web 3.0 advertising? In one sentence, compared with the current Web 2.0, Web 3.0 advertising is more user-centric, more efficient, transparent and secure intelligent advertising. As we emerge from the Web 2.0 ecosystem, publishers and advertisers alike are increasingly dissatisfied with this opaque and complex status quo. So regaining transparency and trust across the entire value chain—increasing user engagement and monetizing premium publishers—is the true ad industry value creator. Therefore, the ADDAO blockchain advertising technology platform came into being, and has successfully completed three rounds of IDO. According…
-
Project Analysis: Alaya, a Data Provision Service for Artificial Intelligence
The popularity of Artificial Intelligence (AI) has led to the emergence of projects on this concept. Most of them are focused on modeling applications, and a number of excellent products have appeared. But today we are going to focus on Alaya, a provider of underlying data-based services, which uses the concept of gamification to collect and label data for AI, and finally provide higher quality data to algorithms. Here we will experience the product Alaya, first of all, visit his official website to view the basic information of the project:…
-
CoinW Enters “Fast Lane” with Consensus 2023 Partnership
As the highly anticipated Consensus 2023 conference, hosted by CoinDesk, got underway on April 26th, CoinW made its presence known as a deep partner of the event. Attendees couldn’t help but notice CoinW’s brand elements prominently displayed throughout the conference, from the sign-in area’s background wall to the escalator and booth. This marks CoinW’s first major exhibition appearance in the United States within the Web3 field, representing a significant milestone in the company’s global strategic expansion. Caption: CoinW and Beosin, the world’s leading blockchain security company, have jointly sponsored the…
-
Breakthe financial spell and the world has brightened – the GSA GalacticPact
Whetherit’s the ICO frenzy of 2017 or the ubiquity of blockchain apps today,the opacity of project fundraising usage seems to have become thenorm. The Galaxy Convention sees this as highly irresponsible tocommunity members and investors. Therefore, the establishment andapplication of the decentralized financial system of the GalacticConvention will break the financial curse and restore the world tothe light. Accordingto the Galactic Convention, the operation mechanism of the doublecirculation system of the galactic host star and the galactic starwill bring the value of the card to the utmost, and make all…
-
AI Finance Academy Expanding Job Opportunities Through AI-Driven Financial Innovation
In a rapidly changing global economy, the intersection of artificial intelligence (AI) and finance is reshaping how industries operate, and the AI Finance Academy is at the forefront of this transformation. By focusing on expanding job opportunities through AI-driven insights, the Academy is helping financial professionals, students, and businesses prepare for a future where technology and finance are deeply intertwined. Through specialized programs, strategic partnerships, and a series of high-profile seminars, the AI Finance Academy is driving job creation and skill development in the financial industry, ensuring that the workforce…
-
Risk Management: The Solid Foundation for Long-Term Market Profitability– Richill Miller, Dean of Pioneer Era Trading Academy
In the vast financial markets, traders often face a seemingly simple yet challenging goal—long-term profitability. While accurate market predictions and sophisticated technical analysis are undoubtedly key to success, true victory often hinges on a more subtle yet crucial factor: risk management. Risk management is not only a core concept in financial trading but also a key determinant of whether a trader can stand out in the competitive market and achieve stable and lasting profits. This article will delve into the core ideas of risk management and reveal its irreplaceable role…
-
Lynk Seeks to Redefine Community Governance with Node NFT Program
SocialFi platform Lynk set to launch its exclusive Node NFT Program to foster the growth of a decentralized Web3 community Lynk is setting the stage for a new era in decentralized community governance with the introduction of its Node NFT Program. Aimed at empowering early adopters, this groundbreaking initiative is expected to facilitate the growth of a vibrant community in Web3, while showcasing the company’s commitment to innovation and inclusivity. The SocialFi platform has made great strides in the first quarter of 2023, most notably with the launch of its…
-
Metaease takes you into the real Metaverse
As of now, Metaverse has a market cap of $100 billion, and if you include Facebook’s market capitalization, then Metaverse’s market capitalization is at least $1,100 billion. According to Bloomberg research, the “metaverse” market is expected to reach $800 billion by 2024 and 2.5 trillion by 2030. The future of the metaverse market is immeasurable, but there is always a hidden side to the glory, and the metaverse industry is no exception. Let’s take a look back at 2021 on the internal situation of the entire metaverse industry. GameFi’s play…
