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🪙 Crypto and Blockchain News (January 30, 2024): 1️⃣ 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. 🌍 2️⃣ 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). 🚀 3️⃣ Immutable: In collaboration with Polygon Labs, #Web3 gaming studio Immutable has introduced the zkEVM mainnet to scale Ethereum for selected ecosystem partners. 🎮 4️⃣ 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." 💼 5️⃣ 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. 🖼️ 🔔 Stay informed with the latest cryptocurrency news!

🪙 Crypto and Blockchain News (January 30, 2024):

1️⃣ 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. 🌍

2️⃣ 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). 🚀

3️⃣ Immutable: In collaboration with Polygon Labs, #Web3 gaming studio Immutable has introduced the zkEVM mainnet to scale Ethereum for selected ecosystem partners. 🎮

4️⃣ 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." 💼

5️⃣ 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. 🖼️

🔔 Stay informed with the latest cryptocurrency news!

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🤖 AI News (Apr 10, 2024): 1️⃣ Spotify: The streaming service #Spotify has introduced a beta version of a new feature called AI Playlist, which allows users to create playlists based on prompts. 🤖 2️⃣ Adversa AI: The chatbot #Grok from the xAI company of billionaire Elon Musk showed the lowest security results compared to similar solutions. After certain manipulations, the program provided recommendations for car theft and explosive manufacturing. 🔒 3️⃣ UBTECH Robotics: Chinese company UBTech has partnered with #Baidu to integrate speech and reasoning functions into the industrial humanoid Walker S. 🗣️ 4️⃣ Intel: Intel introduced the next-generation #AI chip Gaudi 3. The new model is more than twice as energy efficient as its predecessor and is available in various configurations. For example, as a set of eight Gaudi 3 chips on one motherboard or a card that can be installed in existing systems. 💻 5️⃣ Bayer: Google Cloud and the German medical company #Bayer have announced the creation of an AI platform that will help radiologists diagnose faster. Generative AI detects anomalies in images and extracts relevant information from the patient's medical history. For example, if a patient comes in for an annual breast cancer screening, the platform can detect current issues, compare the image with previous results, and summarize this data. ⚕️ 🎉 If you're interested in staying up-to-date with all the news and innovations in the world of crypto-technologies, subscribe to our channel!
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📈 Prediction (SOL and LINK): 🖖 SOL/USDT - It may seem like things are going well for Solana's project token. Over the past month, SOL's price has twice hit yearly highs. However, from a historical perspective, the altcoin appears undervalued. Despite a high intraday return of over $1.20 million, Solana has failed to demonstrate an increase in its overall value in line with the Price-to-Sales (P/S) Ratio. As a result, the price may face bearish activity as it seems to be moving against the market trend already. Forecast: The price is nearing a breakthrough of the $172 support level, which could confirm the altcoin's "double top" pattern. This bearish technical analysis formation consists of two consecutive peaks at similar price levels, separated by a trough. It implies a potential trend reversal, indicating that the asset's price may decline, failing to break the resistance at the previous peak. Consequently, this often leads to a downward movement. At the moment, the current pattern suggests that the target for #SOL is set at $142. This implies a potential drop of 17.27% from the current price levels at the time of writing. However, if the $172 support level holds, #Solana may invalidate the bearish model and bounce back towards $190. 🤔 LINK/USDT - Forecast: The price is currently testing local support at $17.85, a bounce from which could propel the altcoin above the $18.73 resistance level. As the aforementioned supply volume enters the profitability zone, #LINK may continue to rise. However, losing the $17.85 support level could trigger a decline to the base at $16.95. This support has been tested multiple times in the past, and its breakthrough will lead to a rejection of the bullish scenario. In this case, the price may drop to $16.00. 👉 Please share the analysis with others.
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📈 Prediction (XRP and MATIC): 😁 XRP/USDT - The price of #XRP is recovering very slowly. Partly, this is due to the lack of interest from institutional investors: according to the report on fund flows into digital asset funds by CoinShares, in the last week, only $100,000 flowed into Ripple. For comparison, Litecoin, Polkadot, and BNB registered inflows of $4.4 million, $0.6 million, and $0.6 million respectively. Forecast: At the time of writing, XRP is trading above the Fibonacci correction level of 0.382, which coincides with the $0.60 mark. Its loss will lead to a drop to the 0.236 level at $0.55. The Ichimoku Cloud, a technical analysis tool that displays support/resistance levels, trend direction, and momentum, supports the development of such a scenario. Candles below the cloud are a clear bearish signal. However, if the 0.382 level turns into support, #Ripple will have a chance to break the Fibonacci 0.5 level at $0.64, making the bearish thesis invalid. 📊 MATIC/USDT - Forecast: #MATIC has been in a downtrend for almost a month now. If the altcoin manages to close above this trendline and successfully break it, considering the factors mentioned above, #Polygon can overcome the resistance level of $0.97. This will allow the price to reclaim the $1.00 barrier, ultimately enabling the cryptocurrency to surpass the $1.02 resistance level. Once it's breached, we can talk about a successful breakout from the downtrend. However, if this bullish breakthrough fails, MATIC will fall below support at $0.92 and reach $0.88. Losing this support level will result in abandoning the bullish scenario and the token dropping to $0.81. 🔍 Please share this review with others.
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