Month: May 2024

Crypto Analyst Reveals Trigger For 17% Polygon (MATIC) Rally

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An analyst has explained how Polygon could see a rally of around 17% if the cryptocurrency’s price breaks above this level. Parallel Channel May Reveal What Could Be Next For Polygon In a post on X, analyst Ali has discussed about a parallel channel that Polygon has been consolidating inside during the last few weeks. The “parallel channel” here refers to a technical analysis (TA) pattern that’s drawn using two parallel trendlines. This pattern’s upper line joins successive tops in the asset while the lower one connects bottoms. While the…

How Blockchain is Revolutionizing Supply Chain Management Across Industries

Conclusion: It’s not too late to explore the vast opportunities in the blockchain space. As the industry continues to evolve and mature, early adopters stand to benefit from investment opportunities, technological advancements, and market growth. Blockchain tech holds immense potential beyond finance, offering transparency, security, and efficiency across various industries. By dispelling myths, embracing opportunities, and staying informed, businesses can harness the power of blockchain to drive innovation, foster trust, and achieve sustainable growth. Source link

How Blockchain Technology Can Combat the Rising Threat of AI-Generated Deepfakes

For those unfamiliar, a public blockchain transparently records information in a time-bound manner, accessible to all, globally, and without gatekeeping. This allows anyone to verify the validity of information, such as its creator or a timestamp, making it a source of truth. Public blockchains are also decentralized, eliminating the need for a central decision-maker, and reducing the risk of manipulation. This decentralized structure also offers high network security by eliminating single points of failure, and ensuring an immutable and tamper-resistant record. Source link

Ether Volatility Expected as Traders Flood Exchanges With $231M of ETH Amid ETF Hopes

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

A Financial Professional’s Guide to Consensus 2024

Real-world assets, i.e. traditional financial products that are brought on-chain, is one of the fastest growing sectors in the digital asset space, to such an extent that BlackRock CEO Larry Fink thinks tokenization will soon eat the world. Founders of three of the hottest RWA startups, Centrifuge, Superstate and Maple Finance, will discuss where this transformation is heading. Source