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Amid recent market recovery, Akashs AKT landscape has briefly changed to bullish following an impressive gain since yesterday. While the market sentiment remains bearish, we may see a continuation of the supply level increases. During the last leg down, AKT lost the vital $3 level following a steady meltdown since […]
The potential for the next breakthrough in the cryptocurrency industry may very well begin in the classroom, according to the CEO of Animoca Brands, Yat Siu. Siu believes that education and awareness are crucial in driving the adoption and growth of cryptocurrencies. In a recent interview, Siu highlighted the importance of teaching the younger generation [...]
The AI industry could be on the brink of a significant breakthrough, according to Salesforce AIs Clara Shih.
AKT has registered a notable gain since the start of the month, gaining traction in the continuation of its recent recovery from a short correctional phase. Following the latest increase, it is currently the markets top gainer following a 45% weekly jump. The past two months saw AKT through a […]
Decentralized and open-source computing platform Akash Network has captured significant attention in the cryptocurrency market as its native token, AKT, has outperformed the top 100 cryptocurrencies with a 2400% price increase year-to-date. While Bitcoin (BTC) and other major cryptocurrencies experience price corrections, the Akash Network and its native token are surging at a remarkable pace. [...]
The post The Akash Network Phenomenon: Breaking Down Its 2400% Uptrend And Market Outperformance appeared first on Crypto Breaking News.
Discover the latest news on Arctic Pablo Coin (APC), Zignaly, and Chainlink with Best New Meme Coins for Exponential Returns insights. Get the details now!
The post Arctic Pablo Breaks Records with Over $2 Million Raised! Next Surge Is Coming Best New Meme Coin for Exponential Returns Amid Zignaly and Chainlink appeared first on Kanalcoin.
The cryptocurrency market has witnessed diverging performances between its two largest assets, Bitcoin (BTC) and Ethereum (ETH). While Bitcoin has shown signs of recovery, gaining 3.8% over the past two weeks and reclaiming the $85,000 price level, Ethereum has struggled to keep up. ETH remains below the $2,000 mark, a level it fell below last week, currently trading just above $1,900. The disparity in performance between Bitcoin and Ethereum has drawn attention from analysts, particularly regarding Ethereums declining strength against Bitcoin in the derivatives market. Related Reading: Ethereum Price Consolidates and Eyes RecoveryIs a Bounce Incoming? Ethereums Decline Against Bitcoin: Key Market Trends CryptoQuant analyst SunflowrQuant recently analyzed the ETH/BTC market trends, noting that Ethereum has weakened against Bitcoin over the past two years, reflecting a drop in investor confidence and reduced speculative interest in ETH derivatives. According to SunflowrQuant, during the 2021-2022 period, Ethereum outperformed Bitcoin, signaling strong market interest and increasing activity in Ethereum-based derivatives at the time. However, since then, the ETH/BTC ratio and open interest have both declined, suggesting that Ethereum has been losing ground against Bitcoin in terms of market dominance. By March 2025, the open interest ratio of ETH futures had fallen to 0.15, while the ETH/BTC price ratio dropped to 0.02. This indicates that the bearish sentiment around Ethereum continues to dominate the market, as traders and investors shift their focus toward Bitcoin. The declining open interest in Ethereum perpetual futures contracts further reinforces the idea that traders are showing less speculative interest in ETH compared to BTC. What This Means for ETH’s Future Despite ETHs underperformance, SunflowrQuant suggests that its current weakness may also reflect broader market fear and uncertainty. The analyst points out that crypto markets are often driven by emotions, and when sentiment reaches an extreme low, a rapid recovery could follow. Related Reading: This Ethereum Monthly RSI Chart Just Crashed To New Lows To Break 2022 Records, What Happened Last Time? Such low-liquidity conditions may lead to unexpected price movements, creating opportunities for ETH to regain strength in the ETH/BTC ratio. Historically, market downturns have been followed by periods of strong recovery, and Ethereums fundamentals remain intact. The analyst wrote: Emotional fluctuations and market fear could lead investors to act more cautiously and strategically. We may be at the foundations of new beginnings for Ethereum; just like in previous cycles, after tough times, a strong rebound may occur, reaching new highs. If investor confidence returns, ETH could potentially reverse its trend, similar to how it performed against Bitcoin in 2021-2022. However, this will likely depend on broader market dynamics, including institutional adoption, ETHs network upgrades, and Bitcoins price stability. SunflowrQuant concluded: Looking at the price fluctuations in Ethereum, now could be the perfect time to be part of this transformative process. We are at the bottom of potential new beginnings and opportunities for ETH. Featured image created with DALL=E, Chart from TradingView
The rapid development of AI is undoubtedly causing headaches for legislators and court systems globally as they struggle to deal with the technology. A German magazine has used artificial intelligence to simulate an interview with former Formula One driver Michael Schumacher and now his family said they’ll pursue legal action over the matter.The German magazine
The post Michael Schumacher’s family to pursue legal action over AI interview appeared first on BTC Ethereum Crypto Currency Blog.
The Governor of the Reserve Bank of India described cryptos as a clear threat.
These three DeFi projects on Cosmos should get you excited about the blossoming Cosmos ecosystem. Covered: Osmosis (OSMO) Akash Network (AKT) Juno (JUNO) As Bitcoin is trying to find support around the $40,000 range, altcoins have been feeling the pain alongside Bitcoin’s weakness. One altcoin that seems to be ignoring the red market, however, is […]
The post Three DeFi Projects On Cosmos That You Need To Check Out appeared first on CryptosRus.
IRIS, SCRT and AKT are among the Cosmos ecosystem assets that turned bullish in anticipation of Ethereum interoperability via Evmos.
The governor of India’s central bank, the Reserve Bank of India (RBI), says the “ongoing U.S. banking crisis” clearly demonstrates the risks cryptocurrency poses to the financial system. The central bank chief added that the “Indian economy remains resilient,” emphasizing that the “worst of inflation is behind us.” India’s Central Bank Governor on Crypto Risks [...]
The post Indian Central Bank Chief: US Banking Crisis Clearly Shows Risks Crypto Poses to the Financial System appeared first on Crypto Breaking News.
In this Akash Network (AKT) price prediction 2024, 2025-2030, we will analyze the price patterns of AKT by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. TABLE OF CONTENTS INTRODUCTION Akash Network (AKT) Current Market Status What is Akash Network (AKT)? Akash Network (AKT)
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