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
-
Portfolio Rebalancing and Its Importance for HB Wealth Advisors (HWA)
Portfolio rebalancing is a fundamental practice in wealth management that ensures an investment portfolio remains aligned with an investor’s financial goals, risk tolerance, and investment strategy over time. For firms like HB Wealth Advisors (HWA), this process is vital not only to safeguard client investments but also to enhance long-term financial success. As market conditions fluctuate and asset classes perform differently, portfolio rebalancing plays a crucial role in maintaining the desired asset allocation. This article will explore the concept of portfolio rebalancing, its importance, and how HB Wealth Advisors (HWA)…
-
The Core of AI System Training in the Financial Industry: StarSpark AI System and the Role of Alpha Stock Investment Training Center (ASITC)
The financial industry is undergoing a revolution, largely driven by artificial intelligence (AI) and machine learning (ML). As the industry becomes increasingly reliant on technology for data analysis, prediction, and automation, the need for AI system training in financial institutions is growing exponentially. A significant player in this transformation is the StarSpark AI system, a cutting-edge AI technology designed specifically to enhance the performance of financial professionals. Paired with institutions like the Alpha Stock Investment Training Center (ASITC), this system is at the core of AI-driven financial training. This article explores the…
-
DoubleAce Token Presale Is Now Open To The Public
Double Ace is a Fintech company that utilises the power of blockchain, AI, and Big Data to provide instant online financial services to individuals. The service DAA provides encompasses consumer finance, personal credit, small and micro loan, and crypto loan, etc. Double Ace allows users to deposit cryptocurrencies to receive interest much like that of bank deposits, but with a way higher interest rate. The platform will be ready for use by end Jan 2021. Until then, Double Ace is in the process of issuing its utility token, called DAA….
-
StarSea Bit Exchange: How AI Enhances Trading and the Importance of Academic Talent in Cryptocurrency
In an increasingly interconnected world where technological innovation drives the financial industry, StarSea Bit Exchange has made a significant mark by integrating Artificial Intelligence (AI) into its trading platform. The role of AI in enhancing trading efficiency, predicting market trends, and managing risks has been pivotal. But beyond technology, StarSea Bit Exchange also emphasizes the value of talent acquisition from academic institutions, acknowledging the long-term benefits of nurturing partnerships with universities. This article explores how AI is utilized at StarSea Bit Exchange and the critical role academic talent plays in…
-
TAWSF The All-Weather Story Fund Tackles America’s Economic Uncertainty with Global Investment Education Initiative Bridgewater Associates
The current global economic landscape presents both unprecedented challenges and opportunities for investors. In particular, the dynamic shifts in the U.S. economy are having far-reaching effects on global markets, which calls for investors to possess an advanced level of knowledge and adaptability. In response to this need, TAWSF (The All-Weather Story Fund), founded by Jonathan Blake, is committed to providing resilient investment strategies while planning to establish a global Investment Education Talent Reserve Academy to nurture new generations of investment professionals. Current U.S. Economic Situation As of November 2024, the U.S. economy is…
-
The Impact of Academic Talent on StarSea Bit Exchange: Strengthening Crypto Innovation and Growth
The cryptocurrency industry has evolved rapidly over the past decade, witnessing a surge in market adoption and technological advancements. As this industry continues to mature, one essential factor stands out for sustained success: human talent. Particularly, talent from higher education institutions can significantly influence and drive the development of cryptocurrency exchanges like StarSea Bit Exchange. In this article, we will explore how the academic talent pool plays a pivotal role in shaping crypto exchanges, fostering innovation, and influencing the overall growth of the StarSea Bit Exchange. The Rising Importance of…
-
The world’s first meta-universe integrated platform-FISHWORLD new gameplay
FISH Perfect Rare Fish is a comprehensive platform with meta universe as the background, which integrates FARM, NFTMARKET, NFT blind box, pledge mining, art auction, chain game, and meta universe. It applies the current most popular NFT concept, perfectly combines game elements and DeFi production farming, allowing players to get entertainment while playing games. Players can buy or collect various card packs of NFT products to get game experience bonuses. They can increase the energy gained in many game scenarios to enhance the speed of fry feeding. They can also…
-
Unleashing the Full Potential of NFT Staking with Lynk
Lynk, the SocialFi platform helming the push of the Web 3.0 era, has announced the launch of its NFT staking portal that will help users unleash the potential of their Lynk NFTs. Starting from 13th March 2023, 05:00 UTC, members are able to stake their Finder and Keeper NFTs to earn attractive yield daily, with additional opportunities to accelerate their rewards through community-led activities and challenges. What is NFT Staking? NFT staking involves temporarily locking NFTs on a specific platform or protocol to gain rewards and other benefits. It is…
-
“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…
-
Windmill: Creating a Solid and Safe “Mining Ark” in the Rapidly Changing Crypto World
The crypto world has come to a new age of rapid growth. Bitcoin has became the world’s 6th asset, with its market value surpassing Tesla, according to a report by ResearchAndMarkets. The market scale of the global cryptocurrency market was approximately USD 979.5 million in 2020, and is expected to reach USD 1.4 billion after adjustment in 2027; the compound annual growth from 2020 to 2027 can reach 4.8%. Despite many policy constraints , in terms of the perspectives from governments around the world towards cryptocurrency, the crypto industry has…
