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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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Bitcoin vs. Other Assets: A 10-Year Comparison
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🤖 AI News (May 25, 2024): 1️⃣ OpenAI: The AI lab #OpenAI has paused the use of Sky's voice in ChatGPT. This action followed numerous comparisons to Scarlett Johansson's voice in the 2013 movie "Her." Lawyers representing Johansson have asked OpenAI to reveal how the Sky assistant's voice, which is "eerily similar" to the actress's, was created. 🎙️ 2️⃣ Adobe: #Adobe has introduced a new AI feature called Generative Remove in its Lightroom photo editor. This tool allows users to erase unwanted elements from photos and seamlessly fill in the cleared areas. Adobe claims it can handle even the most complex backgrounds, such as removing stains from a patterned shirt, wrinkles on a tablecloth in food photography, or unwanted reflections in water. 🖼️ 3️⃣ News Corp: OpenAI has entered a multi-year partnership with News Corp, the media company that owns The Wall Street Journal, New York Post, The Daily Telegraph, and over 10 other publications. While the details of the deal remain undisclosed, a WSJ report indicates that News Corp will receive about $250 million over five years in cash and credits for utilizing OpenAI's technology. 📰 4️⃣ JAXA: The Japan Aerospace Exploration Agency (JAXA) is utilizing #AI failure prediction technology from the railway company JR West to detect issues in the operation of orbital satellites. This partnership began in October 2022, and now includes satellite operator SKY Perfect JSAT. 🛰️ 5️⃣ Scale AI: Scale AI has successfully closed a Series F funding round, raising $1 billion and valuing the startup at $13.8 billion. The round was led by venture capital firm Accel, with participation from Y Combinator, NVIDIA, Tiger Global Management, Cisco Investments, Intel Capital, Amazon, Meta, and others. 💼 👍 If you found this update interesting, please like, comment, and subscribe for more tech news!
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🪙 Crypto News (May 24, 2024): 1️⃣ Bitget: The cryptocurrency exchange #Bitget has announced the fifth edition of its trading tournament, the "King's Cup Global Invitational 2024" (KCGI 2024). The prize pool boasts 5 million USDT, a Ferrari 296 GTB sports car, autographed soccer balls by Lionel Messi, and other exciting rewards. ⚽🏎️ 2️⃣ FSC: The U.S. House of Representatives has passed the "Financial Innovation and Technology for the 21st Century Act" (FIT21 or HR 4763). Coinbase CEO Brian Armstrong remarked that this marks the first step towards clear regulation of the industry. The vote, held on May 22, 2024, saw 279 legislators in favor and 136 against. Remarkably, the bill garnered broad bipartisan support despite some reservations from Democrat Joe Biden. 🇺🇸🏛️ 3️⃣ Taiko: Taiko, a Layer 2 scaling solution for Ethereum, announced an upcoming token airdrop for community members and the imminent launch of its mainnet. The team has allocated 5% of the total 1 billion #TKO supply for this "genesis airdrop." 🌐🎁 4️⃣ Cointelegraph: Interest in the Runes protocol is waning, with related transactions plummeting by 84%. This project, seen as an evolution of the BRC-20 standard, is positioned by its developer Casey Rodarmor as akin to Ordinals. 📉📜 5️⃣ Waves: The developers of #Waves have launched the Units.Network testnet, an interoperability solution connecting Ethereum, BNB Chain, Solana, and other blockchains. To participate in the testing phase, users need to set up a node. 🔗🖥️ 👍 If you found this update informative, please subscribe, like, or share your thoughts in the comments!
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🪙 Crypto News (May 24, 2024): 1️⃣ SEC: On May 23, 2024, the U.S. Securities and Exchange Commission (SEC) formally greenlit #Ethereum ETFs for spot trading. Issuers, including BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy, and Franklin Templeton, received approval for their 19b-4 filings. 📈 2️⃣ DFINITY: The #DFINITY Foundation has unveiled a new API, enabling the interaction of Internet Computer smart contracts with any Ethereum Virtual Machine (EVM). While L2 solutions like Optimism, Arbitrum, and Base are already integrated, users have the flexibility to integrate other EVM networks as needed. 🌐 3️⃣ Decrypt: #Grayscale Investments has rolled out two new trusts, offering exposure to Stacks (STX) and Near Protocol (NEAR) assets. 💼 4️⃣ Fantom Foundation: Ahead of the launch of the Sonic blockchain, the #Fantom Foundation, a non-profit entity, will establish Sonic Foundation and Sonic Labs. With a transaction processing capacity of 2000 transactions per second (TPS), Sonic Foundation will oversee governance and treasury, while Sonic Labs will focus on decentralized application development for the ecosystem. 🌀 5️⃣ StarkWare: In collaboration with Cartridge, #StarkWare has introduced ZKThreads, a scaling solution for decentralized ZK applications within the StarkNet L2 network. 🛠️ 👍 Have any questions? Feel free to ask in the comments below.
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📈 Prediction (TON and FET): 🖖 TON/USDT - The price of #Toncoin is feeling the impact of declining bullish sentiment and confidence among #TON holders. This is evident from the decrease in the on-chain metric known as Mean Coin Age (MCA). This indicator measures the trading sentiment among long-term investors. It calculates the average number of days that coins in circulation have remained on their current addresses. An increase in this indicator suggests that investors prefer to hold onto the asset. Its decrease, on the other hand, means that investors are moving their assets between addresses, which is seen as a sign of low confidence. For TON, this indicator has been declining since February, but overall market signals continued to support the price of Toncoin. However, these signals are now weakening, and the lack of confidence might affect the price dynamics. Forecast: The price of Toncoin attempted to break through the resistance at $7.0 but has failed to do so in the past ten days. As a result, TON has fallen below the significant psychological support level of $6.5. A recent market-wide rally pushed the token above this support, but it couldn't sustain and retraced below it. This bearish sentiment will pressure Toncoin's price until investor behavior changes. Consequently, the cryptocurrency may test the support at $6.0. Losing this support could lead to a decline to $5.4. 🤫 FET/USDT - The price of #Fetch.ai broke through the resistance at $2.50 and reached $2.58, showing an almost 18% increase in three days. This allowed the altcoin to exit a month-long consolidation, but #FET may soon return to it. This is due to the aforementioned factors that suggest a bearish scenario for the price. Accordingly, Fetch.ai may lose support at the $2.50 level and fall to $2.26 or lower. On the other hand, a bounce from the $2.50 support could lead to sideways movement as the market cools down. Such dynamics might support the price if high demand persists, contradicting the pessimistic forecast. 👍 If you found this analysis helpful, please share it with others!
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