$BTC $ETH $SOL Artificial Intelligence Predicts Bitcoin Price by End of Year
OpenAI has unveiled its latest cutting-edge model, o1. To test its capabilities, the tool was tasked with predicting the price of Bitcoin (BTC) by the end of 2024.
•In its optimistic forecast, o1 believes that Bitcoin could “experience significant upward momentum” with a rise above its all-time high. The conservative forecast suggests that BTC will be in the range of $80,000 to $100,000 by the end of the year.
•The pessimistic forecast indicates that the price of Bitcoin will be between $60,000 and $70,000 at the end of December 2024.
The bullish forecast of the OpenAI AI model is based on several significant factors. The first two are the April halving and the launch of a spot Bitcoin ETF. #Market_Update #bitcoin☀️ #AI爆发 #Token2049
dYdX plans to launch a leveraged prediction market
The tool will allow betting on the outcome of specific events, from sports to politics. The product will use perpetual futures.
Augur, launched in 2018, was the first prediction market platform. But it did not become popular due to high Ethereum fees and lack of liquidity. PolyMarket is currently the largest such platform. $BTC $USDC $ETH
Donald Trump's World Liberty Financial to Sell Its Tokens Under SEC Oversight
•63% of WLFI tokens are allocated for public sale, 17% will be used to reward users, and the remaining 20% will be used for the team's needs.
•WLFI is a non-transferable governance token for the World Liberty Financial lending platform.
•The token will be sold under Rule 506(c) of Regulation D from the SEC. This rule allows unregistered securities to be sold in the United States, but only to accredited investors. $BTC $BTC $SOL
•This surge will correspond to the cycles of price changes after halving, which happens every four years.
•Previous Bitcoin halvings caused a rise to new historical highs a few months after the supply was reduced and new coins were issued.
📍This year there is no reason to believe that the situation will not repeat itself.
📍After the US Securities and Exchange Commission (SEC) approved Bitcoin-based exchange traded funds (ETFs) in January 2024, BTC reached a new historical the maximum was at the level of $73,750.
•After halving, the cryptocurrency did not show any significant results, however, they can be achieved in the last quarter year. Over the past seven days, Bitcoin has fallen by 8.5%, and over the past 30 days – by 10.47%.
•Relative to its historical maximum, BTC lost 20.13%, and its maximum in August reached $65 593.24.$ETH $BNB $BTC
#CryptoForEveryone #TON #CryptoMarketMoves August saw the lowest cryptocurrency losses to scams since January 2021 (around $4.8 million, after $10 million was returned to Ronin Network)
👀However, this result is overshadowed by two scary phishing cases in August, which cost users $293 million.$BTC $ETH $BNB
The move highlights the growing interest of institutional investors in cryptocurrencies, especially amid the increased focus on Ethereum as a platform for decentralized applications and smart contracts.
Advertising on one of the most influential financial streets in the world is not just a marketing ploy, but also a signal that cryptocurrencies continue to gain a foothold in the traditional financial system.
💡It is no surprise that more and more investors are looking to take a position in this market.$ETH $BTC $USDC
$BTC #DOGSONBINANCE Memcoin buyer lost $1 million in an hour
At night, the account of football player Kylian Mbappe was hacked to promote a fraudulent token.
•Several posts appeared in the hacked account of the football player in X advertising the MBAPPE token on the Solana blockchain.
•After its capitalization grew to tens of millions of dollars in just a few minutes, the creators sold their tokens and crashed the rate.
•According to observations, someone specifically created a wallet on Solana to buy a token for 7156 SOL ($1.03 million). After the rate collapsed, his investments turned into $9.2 thousand in just an hour.
⚙️ Binance has announced the addition of the euro-pegged stablecoin Eurite (EURI) to its platform.
The issuer is Banking Circle SA. Trading will begin on August 28, and the exchange will offer zero fees on EURI on both the spot and margin markets until further notice.
This is a great opportunity for traders to take advantage of the new conditions.
#CryptoForEveryone $BTC The cost of one mined bitcoin was $51,887 for BitFuFu❗️
•BitFuFu mines bitcoins on its own devices and provides cloud mining services.
•In 2021, mining equipment manufacturer Bitmain invested in it. BitFuFu shares are traded on NASDAQ under the ticker FUFU.
•BitFuFu received 780 BTC as a result of mining in the second quarter of 2024, and the average cost of one bitcoin for the company was $51,887.
•In the same period in 2023, one mined bitcoin cost it $19,344.
•According to the report, BitFuFu is engaged in mining on 25 farms with a total capacity of 522 MW, located on three continents. The total hashrate of its equipment has grown to 24.7 EH/s, up from 15.2 EH/s in 2023.
🏆Fanton Fantasy has secured a $1 mln funding round from top-tier investment funds, including Animoca Brands, Delphi Digital, Kenetic Capital, Hashkey, along with previously raised funds.
Earlier, we gained support from TON Accelerator, PAKA Fund, Sign VC, and TOP Labs. We'd also like to highlight Notcoin and Tonstarter acceleration program. Soon, we'll share our experience on how it all went 💎$BTC $ETH
#TelegramCEO $ETH $BTC 1confirmation founder Nick Tomaino predicts that Ethereum will surpass Bitcoin in the future.
Tomaino believes #Ethereum, which has been the most influential blockchain in the last 5 years, is the platform where top developers are creating the decentralized internet. #ETH is compared to digital oil fueling this ecosystem.$ETH