Bitcoin is holding support and ready to make another run at a record, according to the charts

Bitcoin has pulled back in recent weeks following the announcement that creditors to the collapsed Mt Gox exchange will be returned approximately $9 billion of bitcoin and the fear is that supply will hit the market. That pullback has materialized and according to our Elliott Wave analysis of the bitcoin chart, support has possibly been formed in the zone of $59k – $49k. If successfully defended, this sets up a third attempt to break through the formidable $65k – $73k resistance zone. In fact, we just added a 2% holding…

Moonpay Partners With Mesh to Enhance Crypto Accessibility

Moonpay has announced a new partnership with Mesh, aimed at simplifying the process of depositing and transferring crypto assets from centralized exchanges. This collaboration seeks to enhance liquidity and accessibility for users across the crypto industry. Moonpay and Mesh Partner to Expand Crypto Payment Options Moonpay, a leading provider of fiat-to-crypto services, has teamed up […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Why We’re (Still) Investing in Web3 Gaming

It wasn’t until late 2017 when we went all in on Web3, joining a crypto payments startup that sought to level the playing field for business operators that were fighting tooth and nail with the banks for a fair go. We got to go around the world giving talks and running workshops, while Leah wrote red pill-styled opinion pieces on everything from peer-to-peer (P2P) payments and crypto-asset backed remittance to decentralized identity and reputation. But, OMG, the education effort was a hard slog. Yes, of course, people would nod emphatically…

Solana Mirroring 2021 Bullish Pattern, Crypto Analyst Reveals

An analyst has explained how Solana (SOL) is currently mirroring the same pattern that led to a bullish breakout for its price back in 2021. Solana Appears To Be Showing Similar Trend To 2021 Right Now In a new post on X, analyst Ali Martinez has discussed about how the pattern recently forming in SOL has been reminiscent of what the cryptocurrency showed back in the July of three years ago. Related Reading Below is the chart shared by the analyst, that highlights the similarity between the two periods: Looks…

Tether (USDT) Collaborates with Vietnam Blockchain Association to Boost Blockchain and AI Education

Tether Operations Limited, the prominent entity in the digital asset industry, has announced a strategic partnership with the Vietnam Blockchain Association (VBA) aimed at advancing blockchain and artificial intelligence (AI) education in Vietnam. This initiative, revealed on July 9, 2024, focuses on educating public stakeholders through a series of conferences and workshops, according to Tether.io. Objectives of the Collaboration The collaboration aims to foster knowledge-sharing and capacity-building within the blockchain industry. Based in Ho Chi Minh City, the VBA is instrumental in standardizing and promoting…

Bitcoin Price (BTC) Flat as Jerome Powell Highlights Two-Sided Risk

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Why Gaming Is the New King of Entertainment

AI is set to transform the gaming industry by reducing costs and enhancing creativity. Creating a game requires a wide range of skills, including art, writing, animation, and programming. AI can automate many aspects of this process, making development more efficient and cost-effective. The technology powering AI, primarily GPUs, is the same used for rendering games. This alignment has been reflected in NVIDIA’s stock price, making it one of the most valuable companies in the world. Moreover, as AI takes on more tasks, people will have more free time to…