Fabric Cryptography To Develop Cryptography Processing Unit After Raising $33 Million !!
Fabric Cryptography, a Silicon Valley hardware startup, has reportedly raised $33 million in a Series A funding round.
The round was co-led by Blockchain Capital and 1kx, with participation from Offchain Labs, Polygon and Matter Labs.
The team plans to use the funds to develop a cryptography processing unit, which it calls the Verifiable Processing Unit (VPU).
The companyâs press release describes the VPU as a âcustom silicon chip that uses an instruction set architecture specific to cryptography.â
They expect the VPU to be able to âdrastically improve the speed and cost of running advanced cryptographic workloadsâ compared to currently available CPUs and GPUs. The new chips are slated to go into production later this year.
#FabricCryptography #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves #Write2Earn!
Exciting News for Cryptocurrency Traders this September! đ
Get ready for a thrilling month ahead! A major interest rate cut is on the horizon, potentially unleashing a flood of new funds into the market. This could signal the start of a powerful altcoin season, bringing Bitcoin and other cryptocurrencies back to life with a major rally. đ
Spotlight on Binance's CARV Airdrop:
Binance has just launched the highly anticipated CARV airdrop event, capturing the attention of the crypto community. CARV is an innovative platform poised to revolutionize the gaming industry and AI technology by delivering top-tier data solutions.
Why CARV Should Be on Your Radar:
- Pioneering Web3 Technology: CARV is at the forefront of Web3, utilizing blockchain's decentralized power to create more transparent, fair data management and economic models.
- Empowering Users: With CARV, users have complete control over their data, deciding how itâs used and earning rewards by sharing it, all while protecting their privacy.
- Future-Forward Potential: CARV is set to play a pivotal role in the growth of decentralized infrastructure, enhancing data autonomy and economic freedom. Its groundbreaking approach could transform the global data economy by promoting transparency and efficiency.
In a nutshell, CARV is a project bursting with potential. Keep it on your watchlistâit could be one of the standout opportunities in the evolving Web3 landscape. đđĄ
#CARVProtocol #CARVingTheFutureOfData #BinanceAirdrop #BinanceWeb3Airdrops #Write2Earn! @carv_official
#CryptoMarketMoves #BTC500K
I started my crypto journey with just $1,000, and today, thatâs grown into a staggering $2.8 million. đ Just a year ago, I had only $8k. It took me 6 long years in the crypto world, with the first 5 being incredibly challenging. But finally, I cracked the code to trading altcoins successfully.
Before I dive into my strategy, Iâd really appreciate it if you could bookmark, retweet, comment, or like this post if it resonates with you. Your support truly means the world to me! đ
In the past year, Iâve turned $1k into $2.8Mânot by trading the big names like $BTC or $ETH , but by hunting down and trading hidden altcoin gems. Today, Iâm ready to share the exact strategy I used to spot these lucrative opportunities.
Hereâs the secret sauce:
- đ Understanding Crypto Market Psychology
- đ Tracking Insider Wallets
- đ Finding Undervalued Projects
Master these, and you could be on your way to 100x gains or more in this market cycle. Letâs break it down:
1ïžâŁ Understanding Crypto Market Psychology
The crypto market moves in predictable cycles, driven by emotions. Peopleâs behaviors donât change, and this causes the market to follow familiar patterns. The image below shows a classic market psychology pattern.
2ïžâŁ Buy During Fear, Sell During Greed
This is the golden rule. It sounds simple, but itâs tough to follow. Most people panic sell during fear and buy during greed. To truly win, you need to do the oppositeâbuy when the market is fearful, and sell when itâs greedy.
3ïžâŁ Insider Trading Secrets
Hereâs an insider tip: I tracked a wallet that bought $POPCAT right after its launch for just $140. Today, that same wallet is worth $155M. Many think itâs a developerâs wallet, but Iâm convinced itâs insider trading at work.
If you find this strategy useful, make sure to follow me and bookmark this post on Binance so you can revisit it anytime. Your support is everything! Let's keep growing together! đȘ
#CryptoGains #Write2Earn! #AltcoinGems #TraderRai
{spot}(BTCUSDT)
{spot}(ETHUSDT)
_đ„Mt. Gox Transfers $700 Million in Bitcoin_ đš
$BTC đ‎ïžđȘ
{spot}(BTCUSDT)
- Mt. Gox, a cryptocurrency exchange platform đ, has transferred 12,000 Bitcoins đ° (approximately $700 million) to an unknown wallet đ€
Mt. Gox transferred 12,000 BTC, worth around $700 million, to an unknown wallet Âč. This move is part of its reimbursement process for creditors, who are expected to receive $9 billion worth of Bitcoin and Bitcoin Cash ÂČ. The transfers have sparked concerns about a potential sell-off and market volatility
- This transfer is part of its reimbursement process for creditors đ, who will receive $9 billion worth of Bitcoin and Bitcoin Cash đ€
_Concerns Sparked_ đ€
- The transfer has sparked concerns about a potential sell-off đ, which could impact the market
- Market volatility is a concern, as large sell-offs can cause price fluctuations đ
In summary, Mt. Gox has made a large Bitcoin transfer to an unknown wallet as part of its reimbursement process, causing concerns about a potential sell-off and market volatility đ€Ż.
$LUNC /USDT
Spot trading and resistance levels are critical concepts in financial markets. Spot trading refers to the purchase or sale of a financial instrument, like stocks, commodities, or currencies, for immediate delivery. In contrast to futures or options, where transactions are settled at a later date, spot trades settle "on the spot," typically within one or two business days.
Resistance, on the other hand, is a key technical analysis concept that refers to a price level at which an asset faces selling pressure, preventing its price from rising further. Traders use resistance levels to identify potential price ceilings, where upward momentum might stall or reverse.
Understanding resistance in spot trading is essential for traders aiming to maximize profits. If the price of an asset approaches a resistance level, it might struggle to break through, leading to a price decline. Spot traders often use resistance levels to determine entry and exit points, setting sell orders near resistance to lock in profits or placing stop-loss orders just below to limit potential losses.
In summary, successful spot trading requires recognizing resistance levels, allowing traders to make informed decisions and optimize their trading strategies in the fast-paced financial markets.#BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves #BinanceBlockchainWeek #LowestCPI2021
{spot}(LUNCUSDT)
Bitcoin 4-Hour Analysis: Key Insights for Newcomers (August 21, 2024)
đ Support and Resistance:
Support: Bitcoin's immediate support is hovering around $58,000, a level where it has previously bounced back.Resistance: The $60,000 mark is acting as a significant resistance. This psychological level has previously rejected price movements, making it a critical point to watch.
đ RSI (Relative Strength Index):
The RSI is currently around 50, indicating a neutral market phase. This suggests that the market is in a state of indecision, neither overbought nor oversold.
đ MACD (Moving Average Convergence Divergence):
The MACD lines (blue and orange) are in a neutral phase, with no significant crossovers to confirm a trend reversal or momentum shift. The stable histogram indicates that Bitcoin is in a consolidation phase.
đ Volume:
The trading volume remains steady, but there is no significant spike yet. A surge in volume could signal a strong price move in the near future.
đ° Fundamental News:
Recent economic data, like the CPI report, has had a minor impact on the market. However, no major global news is currently putting significant pressure on Bitcoin.
Keep an eye out for upcoming U.S. data reports or Federal Reserve decisions, which could impact BTC's price.
Curious about the next move? Stay tuned for more insights!
â
Like â€ïž | đŻïž Comment đŹ | â»ïž Retweet đ @khannamirr
#bitcoinupdates2024 #Marketupdate #BinanceLaunchpoolDOGS #PowellAtJacksonHole #CryptoMarketMoves
#Bitcoin traders eye a tactical RALLY as US election polls shift.
đ1-13) Bitcoin attempted to rally yesterday but couldn't break out of its triangle formation. However, with shifting election odds (this chart is a must-see) and a slightly favourable risk-on environment, Bitcoin might try to break higher again. Still, significant risks loom, possibly leading to a correction later in September before a potential rebound by year-end.
đ2-13) All three of our reversal indicators show a strong rebound, with momentum outpacing their slower-moving averagesâan encouraging sign that market technicals are improving. A rally towards $65,000 is within reach. However, we will closely follow the direction of the triangle breakout. Risk management remains critical.
đ3-13) Must read report: https://mail.10xresearch.co/p/bitcoin-traders-eye-tactical-rally-us-election-polls-shift
đ đźđđđČđżđ¶đ»đŽ đđ”đČ đđżđ đŒđł đŠđđżđźđđČđŽđ¶đ° đđżđđœđđŒ đđ»đđČđđđșđČđ»đ
[Click here and VOTE on My Profile](https://app.binance.com/uni-qr/cpro/bullish_banter?l=en&r=826227325&uc=app_square_share_link&us=copylink)
Venturing into the crypto market is an adventure that promises the potential for impressive returns, but itâs crucial to play your cards right. Unfortunately, most investors miss the mark, chasing quick profits without a sound strategy. The truth is, if you donât change your approach, you could be among the 80% who will lose moneyâeven in a bull market.
One common mistake is following the crowd, investing in coins that are trending simply because theyâre popular. This often leads to buying at inflated prices and then panicking when the value drops. It's time to break free from this cycle. Take charge of your financial future by adopting a smarter strategy.
The key to success in crypto investing lies in uncovering hidden gemsâcryptocurrencies that are listed on platforms like Binance but haven't yet hit the mainstream radar. Instead of jumping on the bandwagon of coins that have already skyrocketed, focus on those that are undervalued and have room to grow. When you find a promising coin, invest a small portion of your portfolioâno more than 10%. Then, set your sights on a reasonable profit target, and most importantly, be patient. The best gains often come to those who wait.
#Write2Earn! #BinanceBlockchainWeek #CryptoMarketMoves #HamsterKombat #BullBanter