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sabir technical
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Grok AI on X: Musk's social media platform, X (formerly Twitter), is set to introduce a new feature that uses Grok AI to summarize news events. This feature aims to provide concise news summaries based on user tweets, enhancing the platform's utility for premium subscribers #StartInvestingInCrypto #ETHETFsApproved #btc70k

Grok AI on X: Musk's social media platform, X (formerly Twitter), is set to introduce a new feature that uses Grok AI to summarize news events. This feature aims to provide concise news summaries based on user tweets, enhancing the platform's utility for premium subscribers

#StartInvestingInCrypto #ETHETFsApproved #btc70k

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé. Consultez les CG.
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The Bitcoin (BTC) price briefly reclaimed the $70,000 level following the release of the latest US macro data. This came after business activity in the US manufacturing sector unexpectedly slowed down in May. The ISM Manufacturing PMI experienced a decline to 48.7 compared to 49.2 that was recorded during the previous month. According to analyst Matt Weller, this could be another sign that the US economy could be experiencing downshifting in the second quarter. The drop in the #ISM manufacturing index in May adds to the sense that the economy is losing momentum .. driven by the new orders index falling to a 12-month low. London-based research provider Capital Economics has also noted that the US economy is likely losing momentum. "The drop in the #ISM manufacturing index in May adds to the sense that the economy is losing momentum .. driven by the new orders index falling to a 12-month low," it said. The recent macro data might prompt the U.S. Federal Reserve to speed up the pace of rate cuts. In the meantime, West Texas Intermediate Crude Oil (WTI) futures have now dropped to $75, the lowest level since Feb. 6. 🔸 A short-lived bounce? After briefly regaining the $70,000, Bitcoin has pared some recent gains. This might be due to renewed selling pressure. According to blockchain sleuth Lookonchain, four miners' addresses that had been dormant for over a decade transferred $7 million out shortly after the flagship cryptocurrency surpassed the much-coveted $70,000 level#MtGox #MtGox #StartInvestingInCrypto
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📉 Shiba Inu (SHIB) Loses 84% in Key Metric as Whales Disappear In a recent report, data from IntoTheBlock revealed a significant decline in large transaction volumes for the meme-inspired cryptocurrency Shiba Inu (SHIB). Over the past 48 hours, the volume of these transactions, characterized by transfers exceeding $100,000 USD, has plummeted by a striking 83.77%. This drop translates from 11.65 trillion SHIB tokens to just 1.89 trillion SHIB tokens. In monetary terms, this decline is even more pronounced, with a decrease of 85.2% from $321.63 million to $47.69 million. The price of Shiba Inu itself fell by 2.4% during this period. The number of large transactions has also seen a dramatic decrease, falling from 584 to just 99 over the two-day period. Large transactions are typically indicative of the actions of whales and institutional players in the market. The decline in these transactions suggests a notable reduction in the activity of these major players within the Shiba Inu ecosystem. Shiba Inu (SHIB) price outlook Obviously, whale activity with SHIB has decreased, which is seen as negative, but its causes may not be so. It is known that big players tend to gain positions during periods of calm in the market and on price charts. Over the last month and a half, SHIB's price has shown significantly decreased volatility, trading mostly sideways. Despite this, the price of Shiba Inu has been registering higher and higher lows, demonstrating an uptrend. This can be seen as a positive sign. In this context, it could be considered that the whales have finished accumulating SHIB, and some big movement is on the horizon for the token. Whether this movement will be upward or downward remains to be seen.#ETHETFsApproved #StartInvestingInCrypto #shiba
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DOT traders could be in for good news soon. Over the past 90 days, Polkadot’s (DOT) price has experienced a significant decline of 23.60%. DOT holders may soon find cause for celebration. One factor contributing to this positive outlook is the liquidation heatmap, indicating high liquidity that could potentially drive DOT’s price above $7.59. Additionally, the approval of a new project upgrade has been confirmed, which is expected to support a sustained upward trend in the long term. Understanding DOT’s Market Dynamics and Analyst Insights Liquidation in trading occurs when a trader’s position is closed due to price fluctuations or insufficient margin. However, tools like the liquidation heatmap help traders pinpoint areas with high liquidity, aiding in strategic decision-making for entries and exits. Currently, Hyblock’s data highlights a liquidity concentration between $7.59 and $7.70 for Polkadot (DOT), termed as a magnetic zone where price movements are likely to gravitate. If DOT surpasses $7.70 with increased buying pressure, further upward momentum can be expected. Conversely, if liquidation levels show a strong presence on the sell side of the order book, a price reversal could occur. According to analyst Michaël van de Poppe, DOT has been undervalued despite its robust scalability and security features, highlighted by recent upgrades like the JAM Upgrade and focus on Real World Assets (RWA). He emphasizes DOT’s potential based on these strengths, stating: “DOT is significantly undervalued in the blockchain space. Their recent JAM Upgrade and focus on scalability and security underline their potential in the market.” 🔸 Polkadot (DOT) Upgrade and Market Analysis Polkadot (DOT) recently implemented the Join-Accumulate Machine (JAM) upgrade after a swift and xunanimous community vote. This upgrade aims to enhance the relay chain’s capabilities and improve interoperability with other blockchains, potentially bolstering DOT’s ecosystem.#DOT_UPDATE
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Bitcoin Bull Nayib Bukele is President of El Salvador Again: Here is the Amount of BTC His Country Owns. #ElSalvador President Nayib Bukele was sworn in for a second term on Saturday, vowing to address the country's economic problems with the same determination that marked his campaign against gang violence in his first term. #Bukele , who was re-elected in February with more than 80% of the vote after a controversial court decision, has declared his intention to cure the country's economic "illnesses". Speaking from the balcony of the National Palace in San Salvador, 42-year-old Bukele assured the public that the gang-related violence plaguing the country was largely under control. “#Salvadorian society is still sick, but it is no longer cancerous,” he said, referring to the criminal gangs that once made El Salvador one of the most dangerous countries in the world. With security largely restored, Bukele now faces the difficult task of reviving the stagnant economy. “Now that we have ensured the most urgent issue, security, we will focus on important problems, starting with the economy,” he said. Despite Bukele's popularity for improving security in the country of 6.3 million, his economic policies have faced obstacles. The ambitious #Bitcoin City project, designed as a tax-free, cryptocurrency-supported center, has had difficulty attracting investment. Additionally, El Salvador's public debt has risen to over $30 billion, reaching nearly 84% of its gross domestic product. There are currently 5,769 #Bitcoins worth approximately $389 million in the country's treasury. Bukele reported that his country purchased 1 BTC every day. $BTC #BTC☀ #BitcoinTherapist
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NVIDIA CEO Jensen Huang addressed industry leaders, press members, entrepreneurs and technology enthusiasts ahead of #COMPUTEX2024 . Huang said that Taiwan is the home of NVIDIA's most valuable partners and everything #NVIDIA does starts from here. He stated that they created the world's artificial intelligence infrastructure together with their partners in Taiwan. He touched on three main topics in his speech: What generative artificial intelligence is and its impact, the roadmap for the future, and what's next. Huang noted that the computer industry is about 60 years old and has experienced only a few major technological changes in that time. Today, we are on the verge of such a change. He said the performance growth of central processing units (CPUs) is slowing down, but our processing needs are increasing exponentially. This leads to computing inflation. The solution lies in accelerated computing, which they have been working on for 20 years. NVIDIA's #CUDA platform supports CPUs, accelerating workloads where dedicated processors can perform much better. Huang predicted that every application and data center will be accelerated in the future. Accelerated computing is a solution that is both logical and sustainable. Huang showed that 25 times more performance/Watt ratio can be achieved with only a 3-fold increase in power consumption and a 50% increase in costs, while providing 100-fold acceleration. Accelerated computing is no easy task. Software needs to be completely rewritten and algorithms restructured. #NVIDIA has been developing domain-oriented libraries for 20 years to meet this challenge. These include the deep learning library cuDNN, the artificial intelligence physics library, the 5G radio library Ariel, the chip manufacturing library cuLitho, the gene sequencing library Parabricks, the combinatorial optimization library cuOpt, and cuQuantum for quantum computer simulation.#btc70k #ETHETFsApproved #StartInvestingInCrypto
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