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Crypto
BNB
CEO(CEO)

$2.38e-3

2.47%

Market Cap
N/A
 

Volume (24h)
66.73k
 

3.81%

Released on 27 Feb 2023
Crypto
BNB
GROK CEO(GROKCEO)

$5.04e-12

-15.86%

Market Cap
N/A
 

Volume (24h)
1.52m
 

11.26%

Released on 17 Jan 2024
NewsBTC
NewsBTC
CEO Drops Bombshell Why Bitcoin Price Is Muted Post-ETFs
2 days ago
Crypto
BNB
Dogecoin(DOGE)

$0.08

1.27%

Market Cap
11.44b
 

1.27%

Volume (24h)
254.58m
 

64.95%

Released on 15 Dec 2013
Crypto
ETH,MATIC,SOL
Render(RNDR)

$4.51

-6.99%

Market Cap
1.70b
 

-6.99%

Volume (24h)
134.08m
 

18.94%

Released on 11 Jun 2020
Crypto
ETH,BNB,SOL,LUNC,MATIC,AVAX,OSMO,SCRT
Terra Classic(LUNC)

$1.09e-4

-0.82%

Market Cap
629.41m
 

-0.82%

Volume (24h)
158.76m
 

-19.71%

Released on 26 Jul 2019
Cointelegraph
Cointelegraph
followers

Bitcoin (BTC) saw continued weakness into Feb. 23 as consolidation accompanied a brief slowdown in institutional investment.  BTC/USD 1-day chart. Source: TradingView Bitcoin ETFs bounce back from day of outflows Data from Cointelegraph Markets Pro and TradingView showed BTC price action struggling around $51,000. Bulls remained caught in a narrow trading zone, in place for more than a week, as concerns surfaced over inflows to the spot Bitcoin exchange-traded funds (ETFs). These slowed considerably in recent days, with Feb. 21 even seeing a net outflow of some $36 million, per data uploaded to X (formerly Twitter) by sources including BitMEX Research. Same data in BTC terms.694 BTC net outflow on 21 Feb 2024 pic.twitter.com/mpqoo44VA2 — BitMEX Research (@BitMEXResearch) February 22, 2024 Feb. 22 saw stronger activity — net inflows of just over a quarter of a million dollars, even accounting for outflows from the Grayscale Bitcoin Trust (GBTC). “Normality resumed a $251M inflow into the Bitcoin ETFs,” James Van Straten, research and data analyst at crypto insights firm CryptoSlate, responded. Continuing on the pace of buying from the ETF operators, Thomas Fahrer, CEO of crypto-focused reviews portal Apollo, predicted that the largest of them, BlackRock’s iShares Bitcoin ETF (IBIT), would in future change BTC supply dynamics. “98% of all the #Bitcoin in existence already costs >100K if you tried to buy it,” he argued alongside a chart of IBIT holdings. “Remember that the current price is just the marginal trade. Blackrock is going to test this theory, so we'll find out soon enough.” Spot Bitcoin ETF holdings (screenshot). Source: Apollo As of Feb. 23, IBIT held 124,535 BTC ($6.35 billion), per data from Apollo’s own ETF tracker. BTC price nears "trend inflection point" Focusing on low-timeframe BTC price analysis, meanwhile, popular trader Skew captured the mood among seasoned market observers. Related: Bitcoin pre-halving ‘pullback’ calls for $45K BTC price support retest The uptrend, he concluded, remained intact, but important support levels were now coming back into play. These were the 88-period and 100-period exponential moving averages (EMAs) on the 4-hour chart at $50,017 and $49,654, respectively, along with the 18-period EMA on the daily chart at $49,645. “Currently price trades around range low & 4H 55EMA which typically is a near term trend inflection point, meaning momentum picks up soon,” part of his latest X analysis read. “Buyers & Sellers likely to fight here for control.” BTC/USD 4-hour chart with EMA data. Source: TradingView This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

2 days ago
TopCryptoNews
TopCryptoNews
followers

The company that wants to scan your eyeballs for some cash is flying high, along with other projects connected with artificial intelligence. Worldcoin, a cryptocurrency initiative led by OpenAI CEO Sam Altman, has soared to unprecedented heights—joined in flight by a dozen other AI-related tokens and stocks. Worldcoin's WLD digital currency registered a remarkable 21% price increase in the past 24 hours, catapulting from $7.08 to an all-time high of $8.96 per token—before settling at a robust $8.20 at the time of writing, according to CoinGecko. The leap marks a staggering 300% appreciation in February alone, a month that began with WLD valued at a mere $2.20. Worldcoin's big pitch is to be the primary decentralized digital identification platform that gives every person on the planet the ability to prove their humanity—distinguishing real people from bots or AI algorithms. To achieve this, Tools for Humanity, the startup behind the protocol, developed World ID, a privacy-centric solution that allows users to confirm their "humanness.” This verification process relies on the Orb, an iris-scanning device that creates a unique IrisCode for each user. This code, akin to a fingerprint, is stored on a decentralized blockchain, ostensibly protecting it from fraud. As dystopian as it sounds, people are piling up to present their eyes to the Orb and registering their iris. The World App, the project's first wallet, surpassed 1 million daily users this week. The idea has gained traction, especially among young people and citizens in developing countries in which the payment they get in exchange for registering their identities is valuable enough to be significant secondary income. The excitement isn't confined to Worldcoin alone. The broader AI token market is also ablaze, with notable projects like The Graph, Ocean, and Render Protocol seeing over 50% gains in the last seven days. Fetch AI is up by 75%, the lonh-forgotten Golem went up 68%, and SingularityNET recorded a 120% increase. The AI fervor extends to the stock market as well, which was already buoyed by Nvidia's announcement yesterday of record profits. Nvidia's stock (NASDAQ:NVDA) has risen 16% since then, achieving a near 30% increase in February to reach an ATH of $785. Other tech giants, including AMD and Microsoft, have also seen significant upswings, with AMD (NASDAQ:AMD) experiencing an 11% spike today and Microsoft (NASDAQ:MSFT) enjoying a 3% rise. Meta, not to be left behind, has climbed almost 4% today, contributing to its 25% growth over the month. All of these stocks are flirting near their all-time high prices. The resurgence of interest in AI has been a driving force behind the recovery of the S&P 500 since last year, with technology companies the focus of discussions among analysts. A spike in related searches in Google Trends further indicates a widespread fascination with AI and its potential impact on the cryptocurrency market and the broader financial landscape. $WLD #WLD #Write2Earn #TrendingTopic

2 days ago

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