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Crypto De Nostradame
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Ethereum (ETH) Ready to Explode: Analysts Predict It Could Rise to $5,000. *Ethereum could make a potential comeback towards the $5,000 level thanks to key long-term indicators. *Finally, the SEC's approval of eight spot Ethereum ETFs has significantly increased investor interest. *Blockchain Mane emphasizes the importance of Fibonacci Retracement and Parabolic Curve in predicting Ethereum's price movements. Discover the latest insights on Ethereum's potential comeback, fueled by key technical indicators and recent regulatory developments. The U.S. Securities and Exchange Commission (SEC) approved eight spot #Ethereum exchange-traded funds (ETFs) on May 23. This regulatory milestone resulted in a 19.56% increase in Ethereum's dominance, according to TradingView data. The approval triggered growing investor interest, signaling a potential bull run for Ethereum. Blockchain Mane highlights the importance of the Fibonacci Retracement pattern, a critical support indicator that determines Ethereum's recovery potential. #Fibonacci levels show resistance targets at $5,080.60 and $6,231.83. Currently, Ethereum is trading at $3,802, which is significantly off its November 2021 peak of $4,878. $BTC $ETH

Ethereum (ETH) Ready to Explode: Analysts Predict It Could Rise to $5,000.

*Ethereum could make a potential comeback towards the $5,000 level thanks to key long-term indicators.

*Finally, the SEC's approval of eight spot Ethereum ETFs has significantly increased investor interest.

*Blockchain Mane emphasizes the importance of Fibonacci Retracement and Parabolic Curve in predicting Ethereum's price movements.

Discover the latest insights on Ethereum's potential comeback, fueled by key technical indicators and recent regulatory developments. The U.S. Securities and Exchange Commission (SEC) approved eight spot #Ethereum exchange-traded funds (ETFs) on May 23. This regulatory milestone resulted in a 19.56% increase in Ethereum's dominance, according to TradingView data. The approval triggered growing investor interest, signaling a potential bull run for Ethereum.

Blockchain Mane highlights the importance of the Fibonacci Retracement pattern, a critical support indicator that determines Ethereum's recovery potential. #Fibonacci levels show resistance targets at $5,080.60 and $6,231.83. Currently, Ethereum is trading at $3,802, which is significantly off its November 2021 peak of $4,878.
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🧙‍♂️ #FTX settled its $24 billion tax claim with the IRS in bankruptcy court for $200 million. 🧙‍♂️ This compensation will be paid within 60 days after the company's proposed restructuring plan comes into effect.
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🧙‍♂️Renzo's (#REZ ) official X account was hacked. •Please do not click on shared links. 🧙‍♂️Hong Kong spot Bitcoin ETFs experienced an inflow of $32 million on June 3. 🧙‍♂️Ripple CEO Brad Garlinghouse said he expects spot XRP ETFs in 2025.
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A New Era In Artificial Intelligence Will Begin in 2026 With The Rubin Platform Nvidia, which is one of the companies that has adapted the fastest to AI development in the chip world, whose rising value is one of the most important components of artificial intelligence, announced that it plans to launch the next generation AI chip platform in 2026. #Nvidia CEO Jensen Huang made an important statement about artificial intelligence chips during his keynote speech at National Taiwan University as part of the Computex trade fair. The California-based company announced that its next-generation artificial intelligence (AI) chip platform, called Rubin, will be released in 2026. This new platform will include a family of chips that includes updated graphics (#GPU ), central processor (CPU) and networking chips. The Rubin platform is part of Nvidia's plan to put AI at the center of its technology development strategy. The company plans to release a new family of AI chips every year, accelerating from its previous roughly two-year schedule. Nvidia, which dominates approximately 80% of the AI ​​chip market, is both a major supporter and beneficiary of the rapid development in #AI . The upcoming CPU in the Rubin family is called Versa, and the new graphics chips will power AI applications with next-generation high-bandwidth memory made by companies like SK Hynix, Micron, and Samsung. This advancement is expected to significantly increase #AI capabilities and performance. Nvidia's move to update its AI accelerators annually is seen as a response to the growing demand for more powerful and efficient AI computing solutions. With the rise of generative artificial intelligence, Nvidia sees this technology expanding into personal computers and beyond as a new industrial revolution and aims to play a key role in this field. $BTC $ETH $BNB
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Qatar has launched the Central Bank Digital Currency (CBDC) project. Qatar Central Bank (QCB) has launched the first phase of the experimental initiative by completing the infrastructure of a central bank digital currency (CBDC) project. The QCB will examine large-scale payments between various local and foreign institutions. Few details about the project have been released publicly. Priorities include distributed ledger technology, artificial intelligence, increasing liquidity and improving securities transactions, according to the state news agency. It was stated that the project will last until October. QCB said it would launch a project in June this year after starting research on #CBDC technology in March 2022. “We are at the foundational stage and evaluating the pros and cons of issuing a central bank digital currency,” QCB governor Sheikh Bandar bin Mohammed bin Saud al-Thani said at the Qatar Economic Forum in May, according to press reports. said. Neighboring United Arab Emirates (UAE), along with China, Hong Kong and Thailand, was a founding member of the mBridge initiative. Remittance payments to India and wholesale transfers between mBridge project members have already been sent using mBridge. The #UAE has also collaborated with Saudi Arabia on a CBDC proof-of-concept project called Project Aber, which runs until 2020. A day before the CBDC project was announced, QCB opened a new fintech sandbox. For qualified participants, Express Sandbox offers “reduced testing time, rapid testing cycles, and a simplified overall evaluation process.” Although CBDC is not specifically addressed in any of the official national development strategies, the #CBDC initiative was introduced as part of the new #sandbox . $BTC $SAND
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PlanB expects a serious rise in Bitcoin according to its model. PlanB, who is among the most ambitious Bitcoin analysts by developing his own model among crypto analysts, claimed that the cryptocurrency could reach up to 500 thousand dollars in its current cycle. The analyst, who recently updated his own Stock-Flow model in his YouTube broadcast, said that he expected a strong fluctuation after the halving and predicted the closest target to be 100 thousand dollars. PlanB referenced previous cycles in the S2F model when interpreting Bitcoin price performance. Accordingly, the analyst, who predicted a rapid rise depending on the demand for Bitcoin after the halving, claimed that Bitcoin could reach up to 500 thousand dollars in the current cycle. The price level seen for the next cycle is $4 million. In addition, PlanB, which updated the model it uses for Bitcoin price prediction with the last 5 years of data, also claimed that the Stock-Flow model has become much more accurate and understandable in its current form. The analyst also points out that the RSI indicator has moved consistently with previous price predictions, and believes that this technical indicator will move the same way in the current cycle. While #PlanB supports its price prediction with the data that more than 90% of Bitcoin owners are in profit, it thinks that this data will be another factor that triggers the rise of the BTC price. When the current price movements of Bitcoin are checked, it is seen that the cryptocurrency price has not been able to remain permanent in the $ 70,000 range since last month. Finally, the cryptocurrency, which was sold once again at the $ 70,000 limit yesterday, continues to be traded in the narrow band of $ 67,000-70,000. $BTC $ETH
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