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๐Ÿช™ Crypto and Blockchain News (January 30, 2024): 1๏ธโƒฃ Circle: #Circle has announced the release of the USD-pegged stablecoin, USDC, on the Celo blockchain. According to them, the Celo ecosystem encompasses over 1000 projects across more than 150 countries. Among its notable partners are the telecommunications company Deutsche Telekom and the Opera browser. ๐ŸŒ 2๏ธโƒฃ Orbiter Finance: The team behind the cross-chain bridge Orbiter Finance plans to launch the second-layer network, Orbiter Rollup, based on zero-knowledge proofs (ZKP). ๐Ÿš€ 3๏ธโƒฃ Immutable: In collaboration with Polygon Labs, #Web3 gaming studio Immutable has introduced the zkEVM mainnet to scale Ethereum for selected ecosystem partners. ๐ŸŽฎ 4๏ธโƒฃ OKX: The OKX team has announced the addition of support for Atomicals (ARC-20), Stamps (SRC-20), Runes, and Doginals (DRC-20). The platform aims to become a leading ecosystem for "crypto signatures." ๐Ÿ’ผ 5๏ธโƒฃ Magic Eden: #NFT marketplace Magic Eden, in partnership with Exodus Wallet, has launched a non-custodial wallet supporting Ethereum, Polygon, Solana, as well as Ordinals and BRC-20 tokens. ๐Ÿ–ผ๏ธ ๐Ÿ”” Stay informed with the latest cryptocurrency news!

๐Ÿช™ Crypto and Blockchain News (January 30, 2024):

1๏ธโƒฃ Circle: #Circle has announced the release of the USD-pegged stablecoin, USDC, on the Celo blockchain. According to them, the Celo ecosystem encompasses over 1000 projects across more than 150 countries. Among its notable partners are the telecommunications company Deutsche Telekom and the Opera browser. ๐ŸŒ

2๏ธโƒฃ Orbiter Finance: The team behind the cross-chain bridge Orbiter Finance plans to launch the second-layer network, Orbiter Rollup, based on zero-knowledge proofs (ZKP). ๐Ÿš€

3๏ธโƒฃ Immutable: In collaboration with Polygon Labs, #Web3 gaming studio Immutable has introduced the zkEVM mainnet to scale Ethereum for selected ecosystem partners. ๐ŸŽฎ

4๏ธโƒฃ OKX: The OKX team has announced the addition of support for Atomicals (ARC-20), Stamps (SRC-20), Runes, and Doginals (DRC-20). The platform aims to become a leading ecosystem for "crypto signatures." ๐Ÿ’ผ

5๏ธโƒฃ Magic Eden: #NFT marketplace Magic Eden, in partnership with Exodus Wallet, has launched a non-custodial wallet supporting Ethereum, Polygon, Solana, as well as Ordinals and BRC-20 tokens. ๐Ÿ–ผ๏ธ

๐Ÿ”” Stay informed with the latest cryptocurrency news!

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๐Ÿค– AI News (May 18, 2024): 1๏ธโƒฃ Reddit: Reddit has announced a partnership with #OpenAI to integrate the social platform with the ChatGPT chatbot and other #AI products from the company. As part of the agreement, Sam Altman's startup will gain access to Reddit's API, which "provides structured and unique Reddit content in real-time." This will allow OpenAI's AI tools to better understand and interact with posts on the platform, particularly recent ones. ๐Ÿค– 2๏ธโƒฃ Apple: #Apple has revealed new AI-powered accessibility features for iOS and iPadOS, set to roll out on devices "later this year." One of the standout features is eye-tracking, which enables individuals with disabilities to navigate iPhones and iPads using eye contact. ๐Ÿ“ฑ 3๏ธโƒฃ The Information: British AI startup Stability AI has been in discussions over the past few weeks about a potential sale to at least one interested buyer. The company is experiencing a cash crunch, with reports indicating that in Q1 2024, the generative AI developer earned less than $5 million in revenue while suffering losses exceeding $30 million. ๐Ÿ“‰ 4๏ธโƒฃ WSJ: #Microsoft has asked hundreds of employees in its Chinese cloud computing and AI division to consider relocating to other countries. This request comes amid escalating tensions between China and the United States over AI and semiconductor technologies. ๐ŸŒ 5๏ธโƒฃ Ilya Sutskever: Ilya Sutskever, co-founder and chief scientist of OpenAI, has announced his departure from the company nearly 10 years after its inception. ๐Ÿ‘‹ ๐Ÿ‘ If you enjoyed this update, don't forget to subscribe or leave a comment below!
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๐Ÿ“ˆ Prediction (ETH and BCH): ๐Ÿ‘ ETH/USDT - When the asset trades above its 20-day EMA, it is considered a bullish signal โ€” this scenario implies that the current price has surpassed the average price of the last 20 days. Market participants interpret this as a shift towards accumulation of coins. A brief period of #ETH price above the 20-day EMA suggested that bulls temporarily regained control of the market, but then yielded it back to bears. However, at the time of writing, the on-chain sentiment metric for #Ethereum stands at 0.32. A positive value of the indicator indicates an overall bullish sentiment towards the asset on social media. Forecast: Despite bullish activity in the ETH market, on the daily chart, the price remains within a descending triangle. This is typically considered a bearish signal. A descending triangle forms when the price records a series of lower highs. When this occurs, a certain price level forms support. In ETH's case, it sits at $2,864. If bearish pressure intensifies and the coin loses gained ground, it may drop below $3,000 towards the $2,800 area. However, if the coin breaks above the upper boundary of the triangle, it may move higher towards $3,100 in the short term. ๐Ÿ–– BCH/USDT - The price of Bitcoin Cash has crossed the critical Fibonacci 23.6% correction level at $430. This is a key support that serves as the basis for a bear market. Historically, its testing has led to recovery. Such an outcome is expected this time as well, considering that the altcoin is receiving support from investors. Potential growth could push #BCH towards $450, above the Fibonacci 38.2% correction level. This is an important psychological level that could further fuel the rally. However, there has already been one unsuccessful breakout this month. A new failure could send Bitcoin Cash back to the $430 mark. A drop below this line could trigger a decline to $410 or $400, refuting the bullish scenario. ๐Ÿ’ช Share, please.
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๐Ÿช™ Crypto News (May 16, 2024): 1๏ธโƒฃ Binance: The cryptocurrency exchange #Binance has introduced a new featureโ€”spot copy trading. This allows clients to mirror the trading strategies of experienced traders directly in their own activities. ๐Ÿ“ˆ 2๏ธโƒฃ pSTAKE: The team behind the pSTAKE Finance protocol, previously supported by Binance Labs venture fund, has launched a solution for liquid bitcoin staking in collaboration with Babylon. This initiative enables long-term bitcoin holders to earn passive and secure income. ๐Ÿ’ฐ 3๏ธโƒฃ IOTA: The IOTA Foundation has announced the public testnet launch of #IOTA 2.0, incorporating a built-in Proof-of-Stake (PoS) consensus mechanism. Developers aim to establish a more secure, scalable, and environmentally friendly network. Notably, this version marks a transition to a fully decentralized model by eliminating the coordinator that previously managed consensus. ๐Ÿ”— 4๏ธโƒฃ Lookonchain: An unidentified trader achieved a staggering 137-fold increase in their deposit within approximately five minutes. This feat was accomplished by trading the meme coin TOBI on the Solana network. Acquiring 28.58 million #TOBI tokens on the Raydium exchange for 9 SOL, the trader swiftly sold all assets for 1238 SOL when the meme coin's price surged. ๐Ÿ’ธ 5๏ธโƒฃ BillTrack50: Oklahoma Governor Kevin Stitt has signed into law the "Bitcoin Rights Act" (HB3594). This legislation confirms the rights of local residents to independently hold bitcoin and use it for purchasing legal goods and services. ๐Ÿ›๏ธ ๐Ÿ˜€ Enjoying the updates? Want more insights and news? Consider subscribing for regular updates, or drop a like or comment below to share your thoughts or questions!
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