Day: March 11, 2024

Performance of AI-Related Crypto Tokens Driven by News and ‘Memetic Speculation’ — Coinbase

Since the beginning of the last quarter of 2023, artificial intelligence (AI)-related crypto tokens have not only outperformed the top two crypto assets but have also outpaced key AI stocks such as Nvidia and Microsoft. According to a report by Coinbase, much of this market-beating performance of AI-related tokens can be attributed to AI headline […] Source CryptoX Portal

LINK Price Regains Strength, Why Chainlink Could Surge Over 10%

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Chainlink’s LINK price is moving higher above the $20.00 resistance. The price is now up over 5% and might aim for a move toward the $25.00 resistance. Chainlink price is showing positive signs above $20.00 against the US dollar. The price is trading above the $20.50 level and the 100 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $20.00 on the 4-hour chart of the LINK/USD pair (data source from Kraken). The price could rally further if it clears the…

Bitcoin Price Rejects $70K, Here Are Key Levels To Watch

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Bitcoin price is still struggling to clear the $70,000 resistance. BTC is slowly moving lower and might soon drop toward the $67,000 support. Bitcoin price is struggling to clear the $69,500 and $70,000 levels. The price is trading above $68,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $68,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to move down and trade toward the $67,000 support zone. Bitcoin Price Starts Consolidation Bitcoin…