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CATEGORY: ratio


Oct 01, 2024 02:15

Understanding the Complexities of Moderating a Code Collaboration Platform


Explore the unique challenges of moderating GitHub, including data updates, DMCA takedowns, and the evolving landscape of open source software. (Read More)

 South Korea joins global crackdown on Telegram, cites deepfakes

Author: Cointelegraph by Helen Partz
United States
Sep 04, 2024 12:00

South Korea joins global crackdown on Telegram, cites deepfakes

South Korea has joined the growing list of global jurisdictions launching probes against Telegram over illicit content dissemination.

Sep 29, 2024 12:05

Analyst Backs Bitcoin Hitting $290,000 In Bull Run Heres Why

In what has been an unusual September, Bitcoin (BTC) has now recorded another positive weekly performance.  According to data from CoinMarketCap, the maiden cryptocurrency surged by 5.07% in the last seven days, moving its cumulative gain in this month to 11.30%. Interestingly, with Bitcoin halving since gone, analysts remain highly expectant of the traditional market bull run by the largest digital asset. Related Reading: Heres Who Has Been Driving The Bitcoin Price Recovery Above $65,000 BTC In Consolidation As It Gathers Momentum For Breakout In an X post on Friday, popular analyst Crypto Rover predicted BTC will hit a $290,000 price mark in the upcoming bull run. Interestingly, this price projection tallies with previous statements from analysts who put a six-figure price target for BTC following the introduction of the Bitcoin spot ETFs which represents an increased institutional demand for the crypto market leader. Notably, BTC has been moving between $55,000 – $70,000 over the last seven months which represents a state of consolidation.  According to Crypto Rover,  following a breakout from this current sideways movement, Bitcoin is likely to enter the banana zone i.e. the phase of outrageous price growth, as seen in previous bull cycles.     The crypto analyst predicts that during this period which traditionally lasts for 12-18 months, BTC could trade as high as $290,000 representing a 339.39% gain on the assets current price. For many crypto enthusiasts, it is likely that the much-anticipated breakout will occur in the fast-approaching weeks as Bitcoin has now formed an inverse head and shoulders pattern as highlighted by Crypto Rover in another post. To explain, the inverse head and shoulders pattern is a common bullish indicator of potential reversals of a downtrend. If the price breaks above the neckline with significant volume, it indicates a shift to bullish control. These sentiments on a price breakout are further strengthened by the upcoming Q4 which has proven to be the most bullish period for Bitcoin with an average gain of 88% over the last 11 years.   Related Reading: MicroStrategys Bitcoin Bet Pays Off In Multiple Ways As Stock Surges 317% Bitcoin Exchange Stablecoins Ratio Shows Bullish Signal In more positive news for the Bitcoin community, the Bitcoin Exchange Stablecoin Ratio is currently indicating a buy signal. According to CryptoQuant analyst with username EgyHash, this metric which measures BTC reserves (in USD) to the combined stablecoin reserves on exchange is currently at the low levels seen at the start of 2024. EgyHash explains that a low ratio indicates traders have an increased buying power due to high stablecoin holdings which could translate into investments in Bitcoin, thus resulting in a price gain. Therefore, the current low Bitcoin Exchange Ratio adds to the list of bullish signals for Bitcoin investors. At the time of writing, the premier cryptocurrency continues to trade at $66,064 with a 1.14% gain in the last day. Meanwhile, Bitcoins daily trading volume is down by 12.92% and valued at $32.01 billion.  Featured image from Cwallet, chart from Tradingview

 Bitget to connect Telegram Mini Apps to broader Web3 with new dev kit

Author: Cointelegraph by Ezra Reguerra
United States
Sep 28, 2024 12:00

Bitget to connect Telegram Mini Apps to broader Web3 with new dev kit

The Bitget Wallet team said in a press release that the new integration opens up Telegram to the broader Web3 space.

 Google releases production-ready Gemini 1.5 for developers

Author: Cointelegraph by Arijit Sarkar
United States
Sep 26, 2024 12:00

Google releases production-ready Gemini 1.5 for developers

Google has launched Gemini 1.5 Pro and Flash models, offering developers improved performance at a reduced cost.

Sep 25, 2024 05:50

Bitcoin MVRV Ratio Is At A Critical Retest: Can Bulls Triumph?

On-chain data shows the Bitcoin Market Value to Realized Value (MVRV) Ratio of the short-term holders is currently making a retest that could prove significant for BTC’s price. Bitcoin STH MVRV Ratio Is Retesting Its 155-Day MA Right Now As explained by on-chain analyst Checkmate in a new post on X, the short-term holder MVRV [...]

The post Bitcoin MVRV Ratio Is At A Critical Retest: Can Bulls Triumph? appeared first on Crypto Breaking News.

Sep 25, 2024 02:15

BitMEX Introduces POL Token Conversion Amid MATIC Migration


BitMEX now supports the conversion of POL tokens, enhancing the MATIC to POL migration process. Users can convert Tether to POL without fees or slippage. (Read More)

 $8.1B in Bitcoin options expire this month  Do bulls or bears have the upper hand?

Author: Cointelegraph by Marcel Pechman
United States
Sep 25, 2024 12:00

$8.1B in Bitcoin options expire this month Do bulls or bears have the upper hand?

Will this weeks $8.1 billion Bitcoin options expiry fuel a rally to $70,000 or should traders anticipate a correction? 

 TON-based wallet to support crypto assets on Tron

Author: Cointelegraph by Ezra Reguerra
United States
Sep 24, 2024 12:00

TON-based wallet to support crypto assets on Tron

MyTonWallet said it would support TRX, USDT and other crypto assets using the TRC-20 token standard. 

Sep 03, 2024 02:15

Binance Completes Coin98 (C98) Integration on Viction Network, Enables Deposits and Withdrawals


Binance has finalized the integration of Coin98 (C98) on the Viction network, now allowing deposits and withdrawals, according to Binance. (Read More)

 RedStone integrates first oracle price feeds on TON blockchain

Author: Cointelegraph by Josh O'Sullivan
United States
Sep 20, 2024 12:00

RedStone integrates first oracle price feeds on TON blockchain

RedStone's integration with TON will introduce real-time asset prices, aiming to enhance DeFi, GameFi, and social applications.

Sep 17, 2024 02:15

HKMA and AMCM Establish Direct Linkage to Boost Bond Market Connectivity


The Hong Kong Monetary Authority and the Monetary Authority of Macao announce a direct linkage between their bond market infrastructures to enhance financial cooperation. (Read More)

Sep 15, 2024 05:50

Polygon Soars 16.6% As Binance Completes MATIC To POL Transition

The Polygon Network recently underwent a technical upgrade to migrate their native token from MATIC to POL. Following the migration, the new tokens price struggled to gain momentum, failing to reclaim the $0.39 resistance level. However, Binances recent listing of POL has pumped its price above key levels. Binance Completes Polygon Token Migration On Friday [...]

The post Polygon Soars 16.6% As Binance Completes MATIC To POL Transition appeared first on Crypto Breaking News.

 Why crypto stakeholders see bright future for prediction markets in Africa

Author: Cointelegraph by Amaka Nwaokocha
United States
Aug 08, 2024 12:00

Why crypto stakeholders see bright future for prediction markets in Africa

The combination of technological advancements, cultural factors and increasing financial diversification suggests that decentralized prediction markets could thrive on the continent.

Aug 07, 2024 02:15

AssemblyAI Enhances Zapier Integration with New Features


AssemblyAI launches an enhanced version of its Zapier app, introducing new transcription options, events, and improved integration. (Read More)

Aug 07, 2024 02:15

UK's Operation Cronos Successfully Takes Down LockBit Ransomware Group


UK's Operation Cronos, in collaboration with international partners, successfully dismantled LockBit, the worlds most prolific ransomware ecosystem, highlighting the importance of international cooperation in cybersecurity. (Read More)

 Slow FCA processing at odds with UK's crypto ambitions  Report

Author: Cointelegraph by Derek Andersen
United States
Aug 31, 2024 12:00

Slow FCA processing at odds with UK's crypto ambitions Report

Crypto firms may want to register somewhere they can receive more prompt attention, law firm warns.

 Crypto leaders, Harris campaign officials to hold roundtable

Author: Cointelegraph by Amaka Nwaokocha
United States
Aug 04, 2024 12:00

Crypto leaders, Harris campaign officials to hold roundtable

The roundtable hosted by Representative Ro Khanna is an opportunity for the cryptocurrency industry to influence the policy direction of Vice President Kamala Harriss election campaign.

Aug 28, 2024 02:15

NVIDIA Simplifies Camera Calibration for Enhanced AI Multi-Camera Tracking


NVIDIA introduces streamlined camera calibration processes to boost the accuracy of AI-powered multi-camera tracking applications. (Read More)

Aug 28, 2024 02:15

Examining the Costs of AI Video Generation Platforms: A Comprehensive Breakdown


Analyze the costs of AI video generation platforms like Leonardo.AI, DeepAI, and InVideo. Learn about plans, features, and pricing to make an informed choice. (Read More)

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