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📈 Prediction (RVN and AKT): 👉 RVN/USDT - #Ravencoin (RVN) is attempting to recover from a local minimum at $0.028 and surpass the 23.6% Fibonacci correction level from $0.058 to $0.028, located at $0.035. Surpassing it would allow the altcoin to break through to $0.039 and $0.043, respectively, solidifying its growth. The MACD is also on the verge of a bullish crossover with green bars on the histogram. Once this occurs, the upward trend will be confirmed. However, if #RVN fails to overcome the 38.2% or 50% Fibonacci levels, it may retract back to the 23.6% line and then test the local minimum. 📊 AKT/USDT - After a recent listing on Upbit, the price of Akash Network (AKT) surged by almost 74% in just one day. However, the rally slowed down afterward, and the altcoin's price retraced by 25%. Currently, #AKT is trading at $4.80, just below the 50% Fibonacci correction line from $6.25 to $3.44. Closing above it would allow the token to surpass the 61.8% Fibonacci level, coinciding with the $5.17 mark. This could help Akash Network rise to $5.50 and beyond. However, if the breakthrough fails, the asset's price risks falling back to $4.10. 👍 Liked the analysis? Share it with others for their insights!

📈 Prediction (RVN and AKT):

👉 RVN/USDT - #Ravencoin (RVN) is attempting to recover from a local minimum at $0.028 and surpass the 23.6% Fibonacci correction level from $0.058 to $0.028, located at $0.035. Surpassing it would allow the altcoin to break through to $0.039 and $0.043, respectively, solidifying its growth. The MACD is also on the verge of a bullish crossover with green bars on the histogram. Once this occurs, the upward trend will be confirmed. However, if #RVN fails to overcome the 38.2% or 50% Fibonacci levels, it may retract back to the 23.6% line and then test the local minimum.

📊 AKT/USDT - After a recent listing on Upbit, the price of Akash Network (AKT) surged by almost 74% in just one day. However, the rally slowed down afterward, and the altcoin's price retraced by 25%. Currently, #AKT is trading at $4.80, just below the 50% Fibonacci correction line from $6.25 to $3.44. Closing above it would allow the token to surpass the 61.8% Fibonacci level, coinciding with the $5.17 mark. This could help Akash Network rise to $5.50 and beyond. However, if the breakthrough fails, the asset's price risks falling back to $4.10.

👍 Liked the analysis? Share it with others for their insights!

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🔐 Cyber News (May 27, 2024): 1️⃣ Gala Games: The #hacker who breached the gaming platform Gala Games has returned the stolen 5913 ETH to the developers. As of now, these assets are valued at $22.2 million. 🎮💰 2️⃣ rthk: The Office of the Privacy Commissioner for Personal Data (PCPD) in Hong Kong has concluded its investigation into Worldcoin. The agency determined that Worldcoin's operations violate the "Privacy Ordinance." The findings revealed breaches in data protection principles concerning the collection, storage, access, and correction of personal information. 🔍🛡️ 3️⃣ Coinbase: On May 22, 2024, the cryptocurrency exchange Coinbase announced the creation of the Tech Against Scams coalition. This partnership is designed to protect and educate users, as well as to fight against online fraud and illegal financial schemes. 🤝🚫 4️⃣ Bloomberg: The UK court has issued an interim ruling in a $5.6 billion investment fraud case. One of the defendants has been sentenced to 80 months in prison. Jian Wen was found guilty of laundering 150 #BTC worth over $10 million. The court believes these funds were obtained through a multi-billion dollar scheme carried out in China. ⚖️🚔 5️⃣ Cointelegraph: Reports indicate that celebrity accounts on X are being hacked en masse. On May 26, 2024, a crypto investor known as GCR announced that his account had been hacked and warned others not to click on any links. 📱🔐 👍 If you haven't subscribed yet, make sure to hit the subscribe button, give this post a like, or leave a comment below!
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🪙 Crypto News (May 27, 2024): 1️⃣ Kabochan: On May 24, 2024, Kabosu, the dog who symbolizes the #Dogecoin (DOGE) token, passed away. She lived for 18 years and nearly seven months. 🐕❤️ 2️⃣ LAW60: Shane Haynes, the former CEO of Heartland Tri-State Bank, admitted to stealing $47.1 million of client funds, which led to the bank's collapse. He spent the stolen money on purchasing crypto assets. 💰🔒 3️⃣ Tom Emmer: The House of Representatives passed the "Countering Surveillance of Central Bank Digital Currency (CBDC)" bill. This legislation aims to prevent the Federal Reserve from promoting initiatives to issue a digital dollar. 📜🚫 4️⃣ Dadvan Yousuf: At 23, crypto entrepreneur Dadvan Yousuf unfurled a flag bearing the logo of the first cryptocurrency at the summit of Mount Everest, the highest point on Earth. He completed his ascent of the 8,848-meter peak on May 20, becoming the first Kurd and Iraqi to achieve this feat. Yousuf stated that by displaying the #Bitcoin symbol, he wanted to highlight global injustices in access to financial education. 🏔️🏴 5️⃣ Binance: The cryptocurrency exchange Binance announced a new #NFT collection in partnership with renowned Portuguese footballer Cristiano Ronaldo. The first batch of NFTs will be released on May 29. Users can purchase these items on the Binance NFT marketplace using Binance Pay. ⚽🎨 👍 If you haven't subscribed yet, be sure to do so! Don't forget to like and leave a comment!
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🤖 AI News (May 25, 2024): 1️⃣ OpenAI: The AI lab #OpenAI has paused the use of Sky's voice in ChatGPT. This action followed numerous comparisons to Scarlett Johansson's voice in the 2013 movie "Her." Lawyers representing Johansson have asked OpenAI to reveal how the Sky assistant's voice, which is "eerily similar" to the actress's, was created. 🎙️ 2️⃣ Adobe: #Adobe has introduced a new AI feature called Generative Remove in its Lightroom photo editor. This tool allows users to erase unwanted elements from photos and seamlessly fill in the cleared areas. Adobe claims it can handle even the most complex backgrounds, such as removing stains from a patterned shirt, wrinkles on a tablecloth in food photography, or unwanted reflections in water. 🖼️ 3️⃣ News Corp: OpenAI has entered a multi-year partnership with News Corp, the media company that owns The Wall Street Journal, New York Post, The Daily Telegraph, and over 10 other publications. While the details of the deal remain undisclosed, a WSJ report indicates that News Corp will receive about $250 million over five years in cash and credits for utilizing OpenAI's technology. 📰 4️⃣ JAXA: The Japan Aerospace Exploration Agency (JAXA) is utilizing #AI failure prediction technology from the railway company JR West to detect issues in the operation of orbital satellites. This partnership began in October 2022, and now includes satellite operator SKY Perfect JSAT. 🛰️ 5️⃣ Scale AI: Scale AI has successfully closed a Series F funding round, raising $1 billion and valuing the startup at $13.8 billion. The round was led by venture capital firm Accel, with participation from Y Combinator, NVIDIA, Tiger Global Management, Cisco Investments, Intel Capital, Amazon, Meta, and others. 💼 👍 If you found this update interesting, please like, comment, and subscribe for more tech news!
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