A great looking H5 Setup that just needs a breakout!
Warning: High Risk/ High Reward Small Cap
-H5 indicator is GREEN
-Pennant breakout that needs a retest. Measured move is $6.13 which puts us to a breakout of the Cup&Handle!
-Williams Consolidation Box needs to create support and bounce in order to be live! A big pullback to retest the Pennant breakout then bounce would be a perfect area for an entry into this trade.
-Large Volume Shelf with nothing but SPACE above.
📏$6.13 🎯$7.75 📏$11 Not Financial Advice - Muhd Al'amiin Gwadda
🚨 Ads might be coming to ChatGPT — despite Sam Altman not being a Fan
Advertisements are being introduced on ChatGPT, despite OpenAI CEO Sam Altman's previous reluctance towards ads. Although Altman has voiced concerns about the potential negative effects of advertising on user experience, OpenAI hasn't dismissed the idea of incorporating ads into the chatbot in the future.
OpenAI is exploring various monetization strategies, including a subscription model, to ensure ChatGPT's sustainability and profitability. However, it emphasizes the ongoing debate within the AI community regarding the best monetization approaches for large language models and the potential risks associated with introducing ads into these technologies.
🛫Bank of America’s forecast of $50 trillion in national debt by 2033 raises concerns about fiat stability. As debt grows, will crypto adoption accelerate?
In 2024, Bitcoin miners generated over $5 billion in revenue, with an expenditure of $3.6 billion on machinery and infrastructure for mining operations.
🧾The largest gainers of the third quarter of 2024 are memecoins SPX6900 with 565.9% growth and Gigachad with (445.8%), followed by Verus (VRSC) with 200.6% and Ultima (147.4%). DePIN project Helium (HNT) rounds up the top five with a 120.6% price increase in Q3. Other top gainers include Sui (115.1%), Bittensor (106.9%), Saga (92.1%), Aerodrome Finance (81.4%), and SATS Ordinals (76.9%).
🎤"Meme coins are getting weird," CZ said. The Binance CEO believes the crypto space should move towards practical applications rather than relying on meme-based hype.
🟢 In finance, digital assets and stocks are often conflated but represent distinct entities. Cryptocurrencies, like Bitcoin, are digital tokens with specific values, while stocks signify ownership shares in publicly traded companies. Stocks are traded on regulated exchanges, whereas cryptocurrencies are primarily traded on largely unregulated crypto exchanges.
🟢 Despite their differences, both assets share similarities such as volatility and high liquidity. However, their purposes diverge: cryptocurrencies aim to function as alternative forms of money, while stocks reflect ownership in companies.
🟢 When investing in crypto stocks, you're not purchasing cryptocurrencies directly but buying individual stocks in companies within the crypto industry. Examples include Coinbase, a cryptocurrency exchange that went public in 2021, as well as crypto mining companies and blockchain technology providers.
🟢 Understanding the distinction between digital assets and stocks is crucial for making informed investment decisions. While both offer opportunities, their unique characteristics and purposes necessitate different approaches. By recognizing these differences, you can make informed choices and potentially unlock new opportunities in the world of finance.