Mr. Mohamed from Egypt is a social studies teacher interested in analyzing digital currencies I work in profit from 2017 I follow the biggest analysts in the wo
3 AI Coins to Watch Ahead of NVIDIAâs Q2 Earnings Announcement
Nvidia, the worldâs leading AI computing and chipmaker, is set to release its second-quarter earnings results on August 28. As in the past, the results could impact AI token prices. (FET) coin Nvidiaâs latest earnings report on May 22 revealed a dramatic 262% year-to-date revenue increase, sending AI coins like Fetch.ai (FET) soaring. Before the announcement, FET had fallen to $1.90.
- El Salvador Bets on Bitcoin: Daily Buying to Build a Sustainable Digital Economy: El Salvador took an unconventional step when it became the first country in the world to adopt Bitcoin as legal tender in September 2021. Recently, President Nayib Bukele announced that El Salvador would start buying one Bitcoin per day. - This decision reflects El Salvadorâs commitment to promoting the use of Bitcoin as part of its economic strategy and promoting blockchain technology. The idea behind this daily buying is to take advantage of price fluctuations and try to get good value over time. - The reasons for this decision may be multiple: - 1. Diversifying foreign exchange reserves: Bitcoin can be a form of diversification, especially in the case of countries that rely heavily on the US dollar. - 2. Encouraging investment in digital technology: El Salvador aims to become a hub for blockchain technology and digital currencies, which will boost the digital economy. - 3. Long-term strategy: Daily buying of Bitcoin may be part of a long-term strategy to capitalize on the future potential of the digital currency. However, this move is not without risks, especially given the high volatility of Bitcoin's price and the uncertainty about its global acceptance as a currency.
Julie Vavilova, who was reportedly traveling with Durov before his arrest, has not been heard from since the tech mogul was detained at Le Bourget Airport near Paris last weekend.
Julie Vavilova, a 24-year-old âcryptocurrency coachâ and the latest online influencer in video games, has disappeared, sparking speculation that she may have been involved in the arrest of Telegram CEO Pavel Durov in France
French data privacy researcher Baptiste Robert pointed to the potential implications of Vavilovaâs social media activity.
âItâs complicated to say whether her posts played a direct role in his arrest, but if you follow her on social media, you can easily track Durovâs movements,â he told the New York Post.
Robertâs compilation of posts shared by Julie Vavilova on X, A striking connection between her travels and Durov's well-known route. These include videos of the duo together in Uzbekistan and a photo showing Vavilova in the passenger seat of Durov's car in Azerbaijan on August 21.
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FLock partners with io.net to deliver âAI proofâ for decentralized computing
Decentralized AI ecosystems offer: FLock has partnered with io.net to create the worldâs first âproof-of-stakeâ consensus mechanism, designed to verify the integrity of nodes within decentralized computing networks. This approach uses AI training tasks to ensure that decentralized physical infrastructure networks operate honestly and efficiently, according to a press release shared with crypto.news.
DOGS is currently facing fierce resistance at 0.0014200 and if it can hold and prevent a positive breakout below 0.0013, this will lead to strong positivity that will make it head upwards to the partial breakout 0.0016800 and a full breakout is expected at 0.0018 to form a new high $BTC
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In October 2023, we were asked to freeze over 1,500 user accounts. #Binance
We review all requests and conduct thorough audits and verifications of all requests we receive.
After careful examination, only 220 accounts in Palestine were frozen that were linked to illicit activities, in accordance with international standards that all financial institutions must follow.
This represents less than 0.1% of the total registered users there.
The rumors that Binance has blocked and frozen all Palestinian accounts are completely false.
In a world full of opinions, where some support Binance and others oppose it, facts still matter.
As you know, investing and trading in altcoins is a high-risk, high-reward venture. Most traders fail to minimize the risks and miss out on the opportunity. Unfortunately, it boils down to the following three basic obstacles that prevent many from getting rich quickly from altcoins:
1_ Fear of Missing Out â Many traders do not have the right trading tools and lack a system to control their emotions. As a result, they end up chasing the hype. As a result, they fear missing out on coins near the top, just in time to experience a price drop.
2_ Fraud â Unfortunately, even regular traders who are new to this field are exposed to scams and fraud. Regular traders fail to identify suspicious cryptocurrencies and fall victim to fraud.
3_ Time â In an attempt to track different tokens, many traders spend their entire days looking for opportunities. After all, cryptocurrencies never sleep, and the market is very volatile â opportunities come and go quickly.
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The DOGS currency's decline from 0.0016700 to 0.0014300 was not a surprise to investors, but rather it was expected. This is called Imposed reverse rebound, which is the expected reverse rebound to create new conditions and achieve a positive impact on supply and demand, which helps attract trading whales and investors to this currency, leading to a strong and sudden rise.. $DOGS
More on Cointelegraph Arabic: Rumble founder leaves Europe after Telegram CEOâs arrest
Following widespread backlash from the crypto community and free speech activists, French President Emmanuel Macron issued a response claiming that Durovâs arrest was not political. However, Macronâs response only drew further criticism from the online community.
Following Durovâs arrest, Rumble CEO and founder Chris Pavlovsky fled Europe, citing the French governmentâs âthreateningâ stance toward Rumble and the possibility that French officials might attempt to detain other CEOs associated with free speech projects.
TON Continues Plummeting As Pavel Durov Remains in Franceâs Custody
Toncoin (TON), the native token of The Open Network, has been getting hammered, dropping 20% after Telegramâs CEO, Pavel Durov, got himself arrested in France.Â
Pavel, fresh off a flight from Azerbaijan, was grabbed by French authorities at Le Bourget airport in Paris. Why? They slapped him with charges over Telegramâs alleged slack on content moderation, which, they say, allowed all sorts of illegal crap to go downâfraud, drug trafficking, and even pedo stuff.Â
Not exactly the headlines the crypto community wanted to see.
TON was sitting pretty at around $7 before this mess hit the fan. But as soon as news broke, it tanked to a low of $5.31. Weâre talking a serious faceplant here, folksâ20% in a blink. That sent the market cap crashing from over $17 billion to just about $13.4 billion.Â
And yeah, it bounced back a bit to around $14 billion, but itâs still looking rough. TONâs fate is pretty much tied to Telegramâs hip, given it was once a baby of Telegramâs own projects before it found its footing under the TON Foundation.Â
Now, with Pavel in hot water, everyoneâs wondering where TONâs headed next. The coin slipped below its support line in a symmetrical triangle pattern on August 24, signaling that the bears had the bulls cornered.Â
The chartâs long tail on August 25 showed bulls trying hard to bounce off a $5.25 support, but no dice. They couldnât keep up the momentum. Now, the bears are back, trying to drag the price below that $5.25 mark again.Â
If they manage to push it through, we might see the token slide all the way down to $4.72. And if that happens, buckle upâitâll confirm a nasty bearish head-and-shoulders pattern.
The only flicker of hope for TON right now is if it breaks above the 20-day Exponential Moving Average (EMA) at $6.34. Get past that, and it might just claw its way up to the 50-day Simple Moving Average (SMA) of $6.66.Â
Though letâs not get too excitedâTON needs to show some serious strength, and with Pavel in custody, confidence is shaky.
But wait, thereâs more. Notcoin (NOT), another crypto that runs on the TON blockchain and is linked to a âtap-to-earnâ game in Telegram, got hit just as hard.Â
It dropped 24% too, from $0.012 to $0.0091. Its market cap also fell off a cliff, going from $1.2 billion to below $950 million.
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