$SPONGE (SPONGE/USD) Soaring: Buying Spree Propels Price Higher!

The $Sponge market is experiencing a surge in bullish momentum, propelling prices towards the $0.00006 mark. It is important to acknowledge that this upward movement has coincided with an increase in market volatility. Bears are taking advantage of this volatility, consolidating their positions at the $0.00006 level. Repeated bullish price rejections at $0.00006 could solidify it as a resistance level. However, bulls can take comfort in the fact that they are actively seeking support around the $0.000055 mark.

Əsas bazar dinamikası:

  • Müqavimət səviyyələri: 0.0010, 0.0011 və 0.0012 dollar.
  • Dəstək səviyyələri: $0.000035, $0.000030 və $0.000025.

$SPONGE (SPONGE/USD) Soaring: Buying Spree Propels Price Higher!

$SPONGE (SPONGE/USD) üçün Texniki Analizlərə Dair:

With the market demonstrating a minor bullish inclination and the support level stabilizing around $0.000053, there’s a possibility of a gradual upward movement, potentially reaching the $0.000055 price point for the next higher support level. It’s important to recognize that these incremental bullish shifts are occurring within the framework of a consolidation market trend. Both the Bollinger Bands indicator and the Moving Average Convergence and Divergence continue to exhibit kripto siqnalları consistent with a consolidation phase. Nonetheless, a modest advance to the $0.000055 price level could set the stage for a potential breakout in the market.

$SPONGE (SPONGE/USD) Soaring: Buying Spree Propels Price Higher!

1 Saatlıq Perspektivdən İnsights:

From the 1-hour chart analysis of the market, it’s observed that the recent bearish movement triggered some unease in the $SPONGE market, leading to heightened volatility. However, despite this turbulence, both bulls and bears are currently deadlocked around the $0.000053 level. Nonetheless, indications suggest a decreasing trading volume. This decline in volume may bolster the position of the bulls, potentially catalyzing a price rally.

Sponge/USD al!

Ən isti və ən yaxşı meme sikkəsinə investisiya edin. Bu gün Sponge ($SPONGE) alın!

Sam Bankman-Fried Sentenced to Nearly 25 Years for Crypto Fraud

In a significant development, Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, has been sentenced to nearly 25 years in prison for his involvement in a fraud that led to losses of approximately $8 billion for retail investors.

The sentencing, handed down by Judge Lewis Kaplan of the U.S. District Court for the Southern District of New York, also includes an order for Bankman-Fried to pay restitution of up to $11 billion to investors and lenders.

Sam Bankman-Fried Sentenced to Nearly 25 Years for Crypto Fraud
X vasitəsilə şəkil

The trial, which has garnered widespread attention, concluded with Judge Kaplan criticizing Bankman-Fried for his “apparent lack of remorse” və onun “flexibility with the truth.” Despite efforts by the defense to portray Bankman-Fried as a misunderstood genius, Judge Kaplan highlighted instances of perjury, indicating the defendant’s awareness of his criminal actions.

Bankman-Fried appeared subdued in court, a departure from his previous high-profile persona. In his final statement, he acknowledged making “selfish decisions” and expressed regret over the collapse of FTX and its associated entities, which he described as “something really beautiful” built with his colleagues Gary Wang, Caroline Ellison, and Nishad Singh.

Sam Bankman-Fried to Serve His Time at a Low-Security Facility

The sentence, significantly less than the maximum potential term of 110 years, reflects the seriousness of Bankman-Fried’s crimes, which include multiple counts of wire fraud and conspiracy to commit securities and commodities fraud.

Judge Kaplan recommended that Bankman-Fried serve his sentence in a medium- or low-security prison near the California Bay Area, citing his social skill deficiencies and the potential risks he may face from other inmates due to his past association with vast wealth.

This case represents a pivotal moment in the cryptocurrency industry, highlighting the legal and ethical obligations of individuals operating within this rapidly evolving sector.

As the fallout from this high-profile trial continues to unfold, the repercussions of Bankman-Fried’s actions are likely to be felt across the crypto community and beyond.

 

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Tamadoge (TAMA/USD) Pushing Through Bearish Resistance

In our previous analysis of the Tamadoge price, it was observed that bulls were resiliently defending the $0.00009 price level against mounting pressure. However, faced with persistent pressure, bulls were compelled to retreat, regrouping below this threshold, specifically at $0.000083. Notably, the region below the $0.00009 price level appears to be a favorable zone for bullish activity, evidenced by traders’ willingness to engage at this level. Consequently, a robust price rally ensued, propelling the market above the $0.00009 price level.

Əsas səviyyələr

  • Müqavimət: $0.013, $0.014 və $0.015.
  • Dəstək: $0.0045, $0.0040 və $0.0035.

Tamadoge (TAMA/USD) Pushing Through Bearish Resistance

TAMA/USD Qiymət Təhlili: Göstəricilərin Baxışı

Upon analyzing the candlestick representing the current trading session, it is evident that a struggle persists above the $0.009 price level, characterized by a spinning top candlestick pattern. This indicates considerable volatility, with both bulls and bears actively participating in the market.

It appears that establishing a pivotal support level above the $0.009 price threshold may be imperative before any upward momentum can be sustained in the tamadoge market. The Bollinger Bands continue to depict a ranging market, while the trade volume, reflected in the histograms, lacks convincing strength. Considering the facts, these kripto siqnalları collectively suggest that the market is likely poised for a consolidation phase before resuming its bullish trajectory.

Tamadoge (TAMA/USD) Pushing Through Bearish Resistance

Tamadoge Qısamüddətli Görünüş: 1 Saatlıq Qrafik

From a smaller timeframe analysis of the market, it becomes apparent that a significant resistance level has likely emerged at $0.0092. Traders should closely monitor this level, as repeated attempts by bulls to push the market beyond this point have consistently met rejection. This indicates that bulls may require a pivotal support level slightly above $0.009 but in close proximity to this critical resistance level.

Establishing such a support level is crucial to maintaining the bullish momentum in the market. However, if bearish pressure persists, the $0.009 threshold may emerge as a robust support level.

We are pleased to inform you that later today, liquidity will be added to $TAMA V2 on 0xPolygon!

Qarşıdakı bir neçə ayda 100 qat daha dəyərli bir sikkə istəyirsiniz? Bu Tamadoge. Bu gün TAMA alın!

Near Protocol (NEAR/USD) Breaks Above $7.00, Signaling a Bullish Shift

In March, bullish sentiment prevailed in the Protokolun yaxınlığında market, with a notable uptrend commencing in late February. As the market surged towards the $9.00 price threshold, volatility heightened significantly. This volatility provided an opportunity for bears to capitalize, resulting in a consolidation phase between $7.00 and $9.00. At a juncture, the bulls demonstrated resilience by maintaining support levels below $7.00, countering the prevailing bearish sentiment. It appeared that the bulls successfully exhausted the bears, as evidenced by a shift in support levels above $7.00.

Near Protocol Market Data

  • NEAR/USD Price Now: $
  • NEAR/USD Market Cap: $7.7 billion
  • NEAR/USD Circulating Supply:1.1 billion
  • NEAR/USD Total Supply: 1.2 billion
  • NEAR/USD CoinMarketCap Ranking: #19

Near Protocol (NEAR/USD) Breaks Above $7.00, Signaling a Bullish Shift

Əsas səviyyələr

  • Resistance: 8.00, 8.50 və 9.00 dollar.
  • Support: 6.50, 6.00 və 5.50 dollar.

Near Protocol Market Analysis: The Indicators’ Point of View

In mid-March, the Near Protocol market encountered significant resistance at $9.00 as bears capitalized on the prevailing volatility to establish a formidable presence. Despite this, volatility persisted until March 23, when bulls initiated an upward push, breaking through the $7.00 price threshold. Subsequently, volatility began to subside. This trend is notably reflected in the convergence of the Bollinger Bands.

The reduction in market volatility suggests a potential waning of bearish momentum, with bulls potentially reclaiming control, according to this kripto işarəsi, and steering the market back onto a bullish trajectory.

Near Protocol (NEAR/USD) Breaks Above $7.00, Signaling a Bullish Shift

NEAR/USD 4-Hour Chart Outlook

Upon reviewing the 4-hour chart, it’s evident that bulls are maintaining their position firmly around the $7.20 price level. However, should bearish pressure intensify, the $7.00 price mark could potentially serve as a robust support level. Notably, as the market appears to plateau around the $7.20 price level, it suggests a standoff is occurring.

Nevertheless, there’s a possibility that bulls could leverage the current market bias that has converged at this level to gain an advantage in this tug-of-war.

BYBIT-də kriptovalyutalarla ticarət edin!

Bu gün, 2 Mart üçün Dash 28 Ticarət Qiyməti Proqnozu: D2TUSD 0.00491 ABŞ dolları Müqavimət Səviyyəsində Boğa Momentumunu artırır

Dash 2 Trade Price Forecast: D2TUSD Builds up Bullish Momentum at $0.00491 Resistance Level (March 28)
D2TUSD‘s price is currently building up its bullish momentum at the $0.00491 resistance level and remains stable. The price might head to the $0.020000 resistance level as the crypto is facing high pressure from the bulls. Thus, a sharp breakout and closure above the current correction phase will invalidate any bearish thesis and the price might hit the high at the$0.01000 resistance level and beyond.

Açar səviyyələri:
Müqavimət səviyyəsi: $ 0.00600, $ 0.00700, $ 0.00800
Dəstək səviyyələri: $ 0.00400, $ 0.00300, $ 0.00200

D2T (USD) Uzunmüddətli Trend: Boğa (4H)
Dash 2 Ticarət remains in a bullish trend in its long-term outlook. The bulls are trying not to fall this time around. Further, the coin prices are traded above the EMA-9 with its wick touching the EMA-50, this confirms a bullish trend. The sustained bulls’ pressure to a $0.00481 high level in the previous action has led to the coin’s recent high.
Bu gün, 2 Mart üçün Dash 28 Ticarət Qiyməti Proqnozu: D2TUSD 0.00491 ABŞ dolları Müqavimət Səviyyəsində Boğa Momentumunu artırır
Bu gün qiyməti Dash 2 Ticarət is making higher highs and higher lows. However, presently the coin trades at the $0.00491 resistance value slightly above the EMA-9, this implies a gradual weakness in the strength of the sell traders while buyers are building up the bullish momentum in a grand style.

Hence, fresh entries by the buy traders toward the higher side are likely as indicated by the momentum indicator pointing upward. The bulls could therefore aim at the psychological $0.01000 level in the upper resistance area in the days ahead in its long-term perspective.

D2T (USD) Ortamüddətli Trend: Boğa (1H)
On the medium-term outlook, the bulls are showing us that they are still very strong while making higher highs towards the overhead resistance levels.
Bu gün, 2 Mart üçün Dash 28 Ticarət Qiyməti Proqnozu: D2TUSD 0.00491 ABŞ dolları Müqavimət Səviyyəsində Boğa Momentumunu artırır
Qiyməti D2TUSD can now be seen progressing upward above the moving averages. This shows that buyers are currently gaining more strength in the market. The bulls’ pressure on the crypto in the past few hours has sustained its bullishness in its recent high.

Today, additional buying pressure by the bulls has pushed the coin price to a high of $0.00491 supply level above the two EMAs which suggests an uptrend. This will further encourage more buyers to dive into the crypto. To push the price above the supply zone more buyers’ participation is a prerequisite.

More to that, there is a possibility of more upsides as suggested by the daily stochastic pointing up; it is expected of the long traders to continue with the bullish race and this may reach the $0.01000 upper resistance level in the medium-term time frame as we watch the market turns strongly bullish.

Kriptovalyuta bot ticarəti dünyasına daxil olmaq heç vaxt bu qədər asan olmayıb. Dash 2 Ticarət proqramında biz sizə tez bir zamanda başlamağınıza kömək edəcək mübadilə üçün xüsusi təlimatlar təqdim edirik!

 

Kütləvi gəlirlər üçün böyük potensiala malik bir sikkə istəyirsiniz? Bu sikkə Dash 2 Trade-dir. İndi D2T alın.

$SPONGE (SPONGE/USD) Bulls Reconverging at $0.000050 Price Level Amidst Growing Bearish Pressure

In prior analyses of the Süngər/USD market, it was observed that bullish investors maintained their stance at the $0.000055 price level despite increasing bearish pressure. Nevertheless, as selling pressure persists into the current trading session, we observe the bulls being compelled toward the $0.00005 price threshold. Historically, this price level has served as a robust support level. It is noteworthy that from this level, we have witnessed price surges surpassing $0.00006 and reaching towards $0.00007. Therefore, it is plausible that upon reaching this level, a bullish response may be triggered within the market.

Əsas bazar dinamikası:

  • Müqavimət səviyyələri: 0.0010, 0.0011 və 0.0012 dollar.
  • Dəstək səviyyələri: $0.000035, $0.000030 və $0.000025.

$SPONGE (SPONGE/USD) Bulls Reconverging at $0.000050 Price Level Amidst Growing Bearish Pressure

$SPONGE (SPONGE/USD) üçün Texniki Analizlərə Dair:

The Moving Average Convergence and Divergence (MACD) indicator has indicated a clear bearish signal. The two MACD lines have experienced a bearish crossover above the zero level, with both lines showing significant downturns. Furthermore, the indicator exhibits a strong bearish histogram, indicating aggressive bearish sentiment at present.

However, it is worth noting that the extent of bearish pressure in the SPONGE/USD market may be limited to $0.00005, as there remains detectable bullish activity amidst the ongoing bearish trend. To further corroborate the possibility that bears may not entirely dominate, the Relative Strength Index (RSI) line remains close to the equilibrium level. Currently, the Relative Strength Index has a value of 44, which does not signify a particularly strong bearish kripto siqnalı.

$SPONGE (SPONGE/USD) Bulls Reconverging at $0.000050 Price Level Amidst Growing Bearish Pressure

1 Saatlıq Perspektivdən İnsights:

The market picture becomes clearer when observing the 1-hour chart. Bulls are maintaining their position around the $0.000055 price level, with the ongoing tug-of-war between bulls and bears temporarily holding the market at approximately $0.000054, which is in close proximity to $0.000055.

Notably, the Bollinger Bands are narrowing, indicating the formation of a falling wedge triangle pattern. This pattern is characterized by descending price peaks amidst a stable support level. The convergence of the Bollinger Bands reflects this market dynamic. The downward trend in price peaks suggests diminishing bearish pressure, potentially paving the way for a bullish price breakout.

However, in the event that such a breakout fails to materialize, it is worth noting that bulls also exhibit strength at the $0.00005 price level.

SpongeV2 is going to be greater than before with the addition of P2E functionality and larger exchanges in the near future!

Ən isti və ən yaxşı meme sikkəsinə investisiya edin. Bu gün Sponge ($SPONGE) alın!

KuCoin, DOJ ittihamları arasında 783 milyon dollar xalis çıxışla üzləşir

In a significant development, KuCoin, a leading cryptocurrency exchange, has seen a substantial outflow of funds totaling over $780 million. This comes in the wake of charges filed by the U.S. Department of Justice (DOJ) earlier this week.

Reporting on-chain data analysis by Nansen, The Block revealed that KuCoin has experienced an outflow of $ 882 milyon in the last 24 hours, partially offset by an inflow of $99 million, resulting in a net outflow of $783 million. These transactions spanned various blockchain networks, including Etereum, BNB Chain, Avalanche, Fantom, and poliqon.

The DOJ's indictment against KuCoin and two of its founders alleges violations of anti-money laundering regulations. Concurrently, the Commodity Futures Trading Commission (CFTC) has classified ether, among other cryptocurrencies, as a commodity, adding weight to the accusations.

Martin Lee, Content and Communications Lead at Nansen, told The Block:

“Regulatory crackdowns typically lead to increased outflows. However, as long as the exchange maintains a one-to-one ratio of customer deposits and funds, it should withstand these pressures and remain solvent.”

KuCoin Maintains Strong Reserves Despite Massive Outflows

Despite the outflows, KuCoin’s cryptocurrency reserves remain strong, valued at $ 5.1 milyard, according to Nansen. CryptoQuant reports that KuCoin’s bitcoin reserves stand at approximately 6277 BTC, with its ether reserves at 99,359 ETH as of Wednesday noon in Asia.

Ki Young Ju, founder and CEO of CryptoQuant, assured stakeholders, stating, “KuCoin appears stable on-chain. The increase in BTC and ETH withdrawals, mostly by retail users, has had a minimal impact on overall reserves. The exchange seems to segregate customer funds and has sufficient reserves for user withdrawals.”

This significant movement of funds highlights the cryptocurrency market’s sensitivity to regulatory actions. As the situation evolves, industry observers are closely monitoring KuCoin’s ability to navigate these challenges while upholding trust and operational standards. Likewise, we’ll be keeping an eye out to see how this affects the market on our channel.

 

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The Future of Finance: AI and Crypto Working Together 

Forget Bitcoin for a sec. AI cryptocurrencies are surging, showing that blockchain technology is about more than just payments. Research suggests AI and crypto could even solve future problems like fake videos and data privacy concerns. While some of these AI coins might be overhyped, there are signs they’re being used in real projects.

Forget the CEO shuffle at OpenAI; it’s the bigger picture that matters. This event sparked discussions at Davos about who controls powerful AI. Here’s where things get interesting: could blockchain technology, known for transparency and shared control, be the key to safe and responsible AI development?

Experts like Sheila Warren and Fred Wilson seem to think so. They believe blockchain (the tech behind cryptocurrencies) can act as a system of checks and balances for AI, making its development fair, competitive, and open for everyone to see. While it’s still early days, the potential for this tech mashup is getting a lot of buzz.

Battling Misinformation with Blockchain Innovations

In the ongoing war against the spread of misinformation and the rise of AI-generated deception, innovative solutions emerge. One pressing concern looms large: the impending threat of deepfakes influencing the 2024 US presidential election. However, amidst the turmoil, a glimmer of hope emerges from the realm of blockchain technology.

Worldcoin: Empowering Trust through Biometrics and Blockchain

Worldcoin, spearheaded by Sam Altman, stands at the forefront of this battle. With an audacious mission to register every individual on Earth through biometric scans, Worldcoin aims to definitively differentiate humans from bots. Leveraging the power of blockchain tokens, this initiative incentivizes participation while ensuring transparency and integrity. In a mere six months since its inception, Worldcoin has successfully onboarded 2.9 million individuals worldwide, demonstrating its rapid progress. Moreover, bolstered by a recent $50 million injection of private funding, its momentum only continues to grow.

DCPR: Upholding Integrity in the Digital Sphere

Parallelly, the Digital Content Provenance Record (DCPR) standard, pioneered by Arweave and Bundlr, offers a beacon of integrity in the digital landscape. By harnessing the capabilities of the Arweave blockchain, DCPR timestamps and verifies digital content, furnishing users with reliable metadata to assess the credibility of information.

In the face of rampant misinformation, these initiatives stand as bastions of trust, utilizing blockchain technology to safeguard the integrity of information in an increasingly digitized world.

Decentralizing AI: Navigating Bias in an Evolving Landscape

In an era where AI permeates our daily interactions, concerns about dependency and bias loom large. Picture a world where AI-driven chatbots subtly sway consumer decisions or perpetuate political ideologies, and where employment screenings reflect unconscious biases based on demographic traits. The erosion of trust in AI systems extends further, with even AI detectors exhibiting biases against non-native English writing styles, as revealed by research.

Enter Bittensor, a pioneering decentralized network striving to combat AI bias. Through incentivizing diverse pre-trained models to compete for superior responses, validators reward excellence while culling out underperforming and biased models. By fostering inclusivity and collaboration among a spectrum of models and datasets, Bittensor endeavors to propel AI advancement while mitigating the negative impact of bias.

Although Bittensor’s development is in its infancy, promising strides have been made. The network boasts 32 specialized subnetworks tailored for various applications, from chatbots to image generation and language translation. Notably, during the aftermath of the OpenAI leadership conflict, Bittensor and other leading AI-related crypto assets experienced a significant uptick in value. This trend suggests a growing recognition in the market of these assets as potential safeguards against the centralization risks posed by dominant AI corporations.

The Future of Finance: AI and Crypto Working Together

Revolutionizing AI Infrastructure: Empowering Decentralized Compute Markets

In an ever-evolving landscape, concerns about AI development extend beyond model bias to the concentration of resources. As AI models expand in size, the exorbitant capital costs associated with compute and storage threaten to monopolize development, relegating it to the realm of a select few tech giants capable of bearing such expenses. Moreover, the surge in demand for AI and compute resources has led to major providers restricting GPU availability, despite latent capacity.

Empowering Access, Redefining Efficiency

Decentralized compute marketplaces like Akash and Render emerge as beacons of innovation, aiming to rectify the inefficiencies inherent in underutilized GPU resources. By seamlessly connecting GPU owners with AI developers in need of computational power, these platforms facilitate global monetization of idle compute resources while affording developers flexible access to vital computing infrastructure. Leveraging blockchain technology to eliminate profit-driven intermediaries and overhead costs, these networks offer services at significantly reduced rates compared to centralized incumbents, often at a fraction of the cost.

For instance, a Columbia student grappling with access barriers on Amazon Web Services found respite in Akash, renting GPUs for as little as $1.10 per hour. The traction gained by decentralized marketplaces is evident; Akash, since launching GPU deployments, has garnered over 70 active GPU leases. Noteworthy contributors to this ecosystem include Foundry, one of the largest crypto mining companies, offering its idle GPU compute on Akash. Similarly, Render, specializing in GPU marketplace for 3D image rendering, experienced a substantial surge in usage in 2023.

BYBIT-də kriptovalyutalarla ticarət edin!

Fetch.ai (FET/USD) Finally Surges Above the $3.00 Price Level

The price point of $3.00 has consistently served as a pivotal level for profit-taking in the Fetch.ai market. During the recent bullish trend, this threshold marked the peak, prompting significant profit-taking activities. Subsequently, the ensuing bearish market encountered resilient bullish sentiment, constraining its movement within the price range of $2.40 to $3.00. Notably, since March 10th, the market has exhibited sideways movement within this range until today, when renewed bullish interest propelled the price above the crucial $3.00 threshold.

Fetch.ai Bazar Məlumatı

  • FET/USD Qiymət İndi: $3.282
  • FET/USD Market Cap: $2.7 billion
  • FET/USD Dövriyyə Təchizatı: 840 milyon
  • FET/USD Ümumi Təchizat: 1.2 milyard
  • FET/USD CoinMarketCap Reytinq: #50

Fetch.ai (FET/USD) Finally Surges Above the $3.00 Price Level

Əsas səviyyələr

  • Resistance: 3.50, 4.00 və 4.50 dollar.
  • Support: 2.50, 2.00 və 1.50 dollar.

Fetch.ai Bazar Təhlili: Göstəricilərin Baxışı

For the past 15 days, the Fetch.ai market has undergone a consolidation phase, culminating today in a significant shift as bullish momentum surged, driving the market above a key resistance level that has persisted as a barrier since March 10th. This current bullish momentum appears potentially sustainable, as evidenced by the prevailing dominance of bulls in today’s trading session, which has led to an increase in volatility as indicated by diverging Bollinger Bands. According to this kripto siqnalı, Bulls could leverage this heightened volatility to further propel the price upward. Moreover, considering the longstanding resistance at $3.00, a breakthrough at this level could catalyze additional bullish sentiment, potentially setting the market on a trajectory towards the $4.00 price level.

Fetch.ai (FET/USD) Finally Surges Above the $3.00 Price Level

FET/USD 4 Saatlıq Qrafik Görünüşü

Before considering a potential resistance at the $4.00 mark, the 4-hour chart outlook highlights the $3.50 price level as a proximate resistance level. Given the current high volatility in the market, bears may emerge as a significant force at the $3.50 price level. Thus, a nearby support level to sustain the bull run’s momentum towards $3.50 is crucial. As mentioned earlier, the breach of the long-standing $3.00 price level could incentivize additional traders to join the bullish trend, thereby maintaining momentum towards the $4.00 milestone.

BYBIT-də kriptovalyutalarla ticarət edin!