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
-
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 -
IAI Token, Smart Contract Platform for New Era
1. The development of blockchain Blockchain technology is a distributed network data management technology that uses cryptography technology and distributed consensus protocols to ensure network transmission and access security, realizes multi-party data maintenance, cross-validation, consistency across the network, and it is not easy to tamper. As an important evolution of the new generation of information and communication technology, the blockchain provides new ideas for the management and value release of data elements, and provides a new way to establish a trusted collaboration network for cross-industry entities. After the COVID-19 epidemic,…
01/19/2021 -
“Emotion AI Stores: The Fusion of Emotion and Technology
Introduction: The Emotionalization Process of Technology In the current era of evolving artificial intelligence (AI) store technology, we are witnessing a historic turning point—the rise of emotion AI stores. The goal of this innovative technology is to break down the traditional boundaries of human-computer interaction by understanding and responding to human emotions in a deeper, more empathetic way. The emergence of emotion intelligence AI stores not only signifies a new direction in the field of AI but also marks a deepening of our understanding of the relationship between technology and…
Uncategorized 03/12/2024 -
Crypto Investor MetaKovan Announced as Buyer of $69.3M Beeple NFT
MetaKovan, the pseudonymous founder of non-fungible token (NFT) fund Metapurse, is the proud owner of the Beeple NFT auctioned by Christie’s on Thursday for $69.3 million. “When you think of high-valued NFTs, this one is going to be pretty hard to beat,” MetaKovan said in a press release issued by the 255-year-old auction house. MetaKovan paid for Beeple’s “Everydays” in ether (ETH, -2.04%), Christie’s confirmed, beating out Tron founder Justin Sun in a last-minute bid. The final sale price was 42,329.453 ETH. Appearing on CoinDesk TV earlier Friday, Beeple (aka Mike Winkelmann) said, “I probably will keep a percentage…
Uncategorized 03/14/2021 -
Dig Deep Credit Evaluation System Value, Coke Wallet To Create Block Chain Wallet New Track
In recent years, the influence of digital currency in global politics and economy has been rapidly increasing, which has brought great impact and change to the existing international financial system. At present, the number of global digital currency exchanges has exceeded 20000, basically growing at a rate of more than 3000 per six months. Although a series of important regulatory policies have had a great impact on the market, there are no signs of cooling the trading and circulation of digital currencies. Digital currency trading is a global act. At…
12/24/2020 -
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…
04/29/2023 -
In 2022 Elven World, the dark horse, Gamefi phenomenon is born! The Genesis equipment pre-sale is officially open!!
The Metaverse , also known as the next-generation Internet, exploded in 2021. However, the Internet’s practice of mapping the real world into the virtual space is still in its infancy. Some metaverse projects stay in the partial mapping of reality, such as somatosensory and VR games. And Gamefi games, a breakthrough in the metaverse world, have been sought after by users all over the world! The rapid development of GameFi is inseparable from the distributed structure of blockchain technology. Through this distributed structure and the confirmation of assets by the blockchain,…
01/20/2022 -
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…
01/23/2021 -
The Future of NLP Driven by AI Stores
The rapid development of artificial intelligence in AI stores is accelerating the advancement of NLP (Natural Language Processing) technology. AI stores offer powerful algorithms and computational capabilities for NLP, making natural language processing more efficient and intelligent. The progress in AI allows machines to better understand and generate human language, bringing convenience to various industries. AI-Enhanced Language Models With the advancement of AI technology, language models such as GPT (Generative Pre-trained Transformer) and BERT (Bidirectional Encoder Representations from Transformers) have become revolutionary forces in the NLP field. These AI-based models…
Uncategorized 03/12/2024 -
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…
08/15/2022