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🪙 Crypto and Blockchain News (Feb 14, 2024): 1️⃣ Starknet: The #Starknet Foundation has announced the distribution of over 700 million native tokens of the Ethereum Layer 2 network, StarkNet, among nearly 1.3 million addresses. The opportunity to apply for STRK will be available from February 20. Users can check their eligibility for the airdrop on the Starknet Provisions program page. 🚀 2️⃣ CoinDesk: On February 12, the number of pre-orders for the Web3 smartphone #Saga Chapter 2 from Solana Mobile reached 100,000 units. The company previously set this milestone as a condition for developing the second device. 📱 3️⃣ Bitso: According to a report from the Mexican cryptocurrency exchange Bitso, approximately 60% of all purchases by residents of Argentina were made with "stable" coins #Circle (USDC) and Tether (USDT). Bitcoin (BTC) accounted for only 13%. 💸 4️⃣ quit.q00t.eth: A group of cryptocurrency developers has introduced an alternative implementation of the experimental #ERC-404 token standard. 🔄 5️⃣ JPMorgan: Artificial intelligence technologies will play a leading role in trading over the next three years. In a traditional E-Trading Edit: Insights from the Inside research, 4010 institutional traders from 65 countries participated. 🤖 🚀 Subscribe if you haven't already to stay updated on the latest crypto news!

🪙 Crypto and Blockchain News (Feb 14, 2024):

1️⃣ Starknet: The #Starknet Foundation has announced the distribution of over 700 million native tokens of the Ethereum Layer 2 network, StarkNet, among nearly 1.3 million addresses. The opportunity to apply for STRK will be available from February 20. Users can check their eligibility for the airdrop on the Starknet Provisions program page. 🚀

2️⃣ CoinDesk: On February 12, the number of pre-orders for the Web3 smartphone #Saga Chapter 2 from Solana Mobile reached 100,000 units. The company previously set this milestone as a condition for developing the second device. 📱

3️⃣ Bitso: According to a report from the Mexican cryptocurrency exchange Bitso, approximately 60% of all purchases by residents of Argentina were made with "stable" coins #Circle (USDC) and Tether (USDT). Bitcoin (BTC) accounted for only 13%. 💸

4️⃣ quit.q00t.eth: A group of cryptocurrency developers has introduced an alternative implementation of the experimental #ERC-404 token standard. 🔄

5️⃣ JPMorgan: Artificial intelligence technologies will play a leading role in trading over the next three years. In a traditional E-Trading Edit: Insights from the Inside research, 4010 institutional traders from 65 countries participated. 🤖

🚀 Subscribe if you haven't already to stay updated on the latest crypto news!

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3 Major Token Unlocks - May 20-22
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🪙 Crypto News (May 19, 2024): 1️⃣ Tether: The company #Tether has formed a partnership with the non-profit organization The Open Network Foundation (TON) and the payment service Oobit. Together, they aim to develop a comprehensive solution for cryptocurrency payments. 💱 2️⃣ Evmos: California-based project Ripple has announced a collaboration with the #Evmos protocol from Cosmos, which operates on the Ethereum Virtual Machine (EVM). Their joint effort will focus on developing the XRP Ledger EVM sidechain. This sidechain, built on the evmOS solution, will ensure compatibility with #EVM and support the creation and maintenance of native Web3 applications. 🔗 3️⃣ Alchemy: Crypto payment solutions provider #AlchemyPay has partnered with Victory Securities. This partnership will make it easier to access spot ETFs for Bitcoin and Ethereum, as Victory Securities is licensed by Hong Kong's Securities and Futures Commission (SFC). This agreement bridges the gap between traditional finance and digital assets. 📈 4️⃣ HKMA: Hong Kong has officially launched a pilot project for the digital yuan (e-CNY), enabling local residents to conduct transactions with counterparts in Mainland China. 🏦 5️⃣ Lookonchain: A user with the address sundayfunday.sol earned approximately $2.26 million from the new token 1DOL. The trader spent 13 #SOL ($2275) to buy 242 million 1DOL, which, eight hours later, was valued at $2.26 million. Analysts report that the token's value increased 993-fold. 📈 💪 Enjoyed these updates? Don't forget to like and subscribe!
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🤖 AI News (May 18, 2024): 1️⃣ 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. 🤖 2️⃣ 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. 📱 3️⃣ 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. 📉 4️⃣ 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. 🌏 5️⃣ Ilya Sutskever: Ilya Sutskever, co-founder and chief scientist of OpenAI, has announced his departure from the company nearly 10 years after its inception. 👋 👍 If you enjoyed this update, don't forget to subscribe or leave a comment below!
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📈 Prediction (ETH and BCH): 👍 ETH/USDT - When the asset trades above its 20-day EMA, it is considered a bullish signal — 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. 🖖 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. 💪 Share, please.
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🔐 Cyber News (May 16, 2024): 1️⃣ Reuters: In March, North Korean hackers utilized the Tornado Cash cryptocurrency mixer to launder $147.5 million stolen from the #HTX exchange in 2023. 💸 2️⃣ Justice: Brothers Anton and James Perrier-Bueno were apprehended in Boston and New York, respectively, on charges related to exploiting the Ethereum blockchain and embezzling cryptocurrencies worth $25 million. ⚖️ 3️⃣ OSC: Canadian authorities apprehended self-styled "crypto king" Aiden Pleterski and his associate on allegations of orchestrating a Ponzi scheme. As per the Ontario Securities Commission (OSC), they stand accused of defrauding investors of $30 million. 🔒 4️⃣ Binance: #Binance Kazakhstan, the cryptocurrency exchange, has been honored with international ISO certifications in the domains of information security management and confidentiality. These certifications, bestowed by the British Standards Institution, followed a comprehensive audit of Binance Kazakhstan's security protocols, policies, and processes. 🔐 5️⃣ Cointelegraph: Cybersecurity specialists at the Binance cryptocurrency exchange have devised an algorithm capable of pinpointing addresses implicated in fraudulent "spam transactions." 🛡️ 👍 Found these updates informative? Don't miss out on more crypto insights - hit subscribe!
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