The Republican frontrunner also said that AI-powered deepfakes were a “tremendous problem.” Source
Donald Trump Calls CBDCs and Artificial Intelligence 'Dangerous'
Day: February 5, 2024
Crypto Market Stagnant in the Last Days of the ‘Year of the Rabbit’
Last year, CLSA, a Hong Kong-based brokerage firm, predicted in a January note that 2023 will see market fluctuations, attributing a calmer outlook to the Year of the Rabbit while advising investors to venture beyond their comfort zones cautiously. And indeed, the market “hopped” back from its dismal 2022 performance, with bitcoin having jumped nearly 94% over the last year, with ether (ETH) rising 47%. Source
BNB Price Increase To Continue? This Resistance Could Trigger Fresh Rally
BNB price is attempting a fresh increase from the $288 zone. The price could start a fresh rally if there is a clear move above the $310 resistance. BNB price is showing bullish signs above the $300 pivot level. The price is now trading below $310 and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $306 on the 4-hour chart of the BNB/USD pair (data source from Binance). The pair gather bullish momentum if there is a close above the…
Ethereum Bears Keep Pushing, Why Decline Isn’t Over Yet
Ethereum price is again moving lower from the $2,325 resistance. ETH could decline heavily if there is a move below the $2,270 support zone. Ethereum is showing a few bearish signs from the $2,325 zone. The price is trading below $2,300 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $2,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair might start a fresh increase if it manages to clear the $2,325 resistance zone. Ethereum Price Struggles Below $2,325…
Bitcoin Price Stuck In Range, Can BTC Bulls Save The Day?
Bitcoin price struggled to continue higher above the $43,800 resistance. BTC is moving lower and might decline heavily if it breaks the $41,800 support. Bitcoin price is declining from the $43,800 resistance zone. The price is trading below $42,800 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance near $42,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to decline if there is a clear move below the $41,800 support. Bitcoin Price Takes Hit…
Nayib Bukele Wins Re-Election in El Salvador
In 2021, El Salvador became the first nation to adopt the largest cryptocurrency as legal tender, developed and introduced a crypto wallet Chivo to enhance bitcoin adoption and also started buying the asset as an investment. The move, while widely applauded by bitcoin enthusiasts, drew criticism from international organizations such as the International Monetary Foundation (IMF). Source