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AssemblyAI updates its Speaker Diarization model for better accuracy and multilingual support, alongside new tutorials for developers. (Read More)
Cape Town, South Africa Get ready for an extraordinary convergence of technology, culture, and innovation at Crypto Fest 2024!
The post Crypto Fest 2024: A Unique Celebration of Web3.0 Innovation and Culture in Cape Town, South Africa appeared first on Crypto Breaking News.
Northern Data is considering listing its cloud computing and data center business under two separate entities on the Nasdaq in the first half of 2025.
Explore the top speaker diarization libraries and APIs, how they work, and their benefits for developers and product teams. (Read More)
AssemblyAI improves Speaker Diarization accuracy by 13%, adds 5 new languages, and introduces billing alerts for better spend management. (Read More)
AssemblyAI announces major improvements to its Speaker Diarization service, enhancing accuracy by up to 13% and adding support for five new languages. (Read More)
The 16.7% capital rotation of Bitcoin indicates a healthy flow of new entrants into this market and a more mature crypto market sector.
Here is a roundup of the top crypto stories you may have missed.
An analyst has explained why the recent high in Bitcoin has experienced different market conditions than those observed during the 2021 bull run peak. Bitcoin Liquidations Have Been Short-Dominated In Recent Market High In a new post on X, on-chain analyst Checkmate pointed out how the latest 2024 high achieved following the spot exchange-traded fund [...]
The post Latest Bitcoin Top Is Different From 2021 Peak, Analyst Explains Why appeared first on Crypto Breaking News.
Chart technician Charting Guy told his audience that XRPs current four-hour structure suggests a measured climb toward a cycle peak near $8yet nothing higher. Displaying a BITSTAMP four-hour chart overlaid with multi-sigma deviation bands, he wrote that XRP is over this standard deviation and we likely move up quickly to the next one at the $3 area, then one around $4.20 and the last one at the top around $8 coincidently my main target this cycle. No Double Digits For XRP This Cycle The analysts tone turned caustic when addressing hopeful forecasts for double- or triple-digit prices. To all the people saying $8 isnt high enough, he said, please throw your brain in the dryer after it got washed by all these influencer moonboys. He argued that a move from last cycles capitulation low near $0.28 to $8 already implies a 2,757% advance. Imagine not taking at least some profit lol, he added, warning that fixation on outlier targets had trapped retail investors in every prior top. Charting Guy conceded that valuations beyond three digits are theoretically possible if they completely achieve their goal, referencing Ripples long-term ambitions in cross-border settlement and CBDC plumbing, yet he insisted that such a scenario is absurd for the current market phase. Itll likely take a few decades for all that to play out, he wrote. Influencer moonboys who know nothing have been saying these things for 10 YEARS and look at the chart. Its at $2.23 right now. Related Reading: XRP Price Pullback To $2 According To Plan For Historic Breakout To $10, Analyst Says His broader technical read remains constructive. In a slew of follow-ups he highlighted that XRP is holding monthly Tenkan and Kijun perfectly, fighting between Kijun and Tenkan on weekly Ichimoku Cloud, and has held weekly EMA Ribbon perfectly as well as the weekly Supertrend. Those confluences keep the medium-term structure intact, he implies, even if short-term volatility remains. On the daily timeframe he cautioned that XRP broke out of channel, might come back to retest, a move thatby his chartcould drag price briefly below $1.90 before the anticipated climb resumes. For Charting Guy, the disciplined approach is to respect those levels rather than chase grandiose numbers. That lack of understanding will make these people miss bull-cycle tops and ride it down 50 to 90 percent every cycle when they can trade a big chunk of their bag each cycle and quit their 9-5 sooner, he said. I just try my best to be realistic and help people based on actual data in the charts, not some fairy tale a YouTuber told me. Related Reading: XRP Will Print A New All-Time High If This Happens: Analyst While his $8 ceiling may disappoint the most fervent XRP believers, the targetif hitwould still mark the highest price in the tokens history and a near-thirty-fold return from the bear-market lows. For now, traders watching the four-hour deviation bands will be looking first for confirmation of a push through $3, then $4.20, as the analysts path to eight dollars begins to unfold. At press time, XRP traded at $2.33. Featured image created with DALL.E, chart from TradingView.com
British iconic TV series Peaky Blinders stakes its claim in Web3, adapting into a blockchain-based game. The AAA title will feature digital collectibles and on-chain fan engagement, aiming to bring the show’s 80 million global fans into crypto via interactive gameplay. Wojciech Gruszka, head of development at Peaky Blinders Web3 Game, stated: The Peaky Blinder […]
Bitcoin’s price reaching all-time highs has historically been correlated with declines in the US Dollar Index, according to analysts. This relationship suggests an inverse correlation between the value of Bitcoin and the strength of the US dollar. Analysts have observed that during previous peaks in Bitcoin’s price, the US Dollar Index has shown a downward [...]
The post Historical Link between Bitcoin Price Peaks and Declines in the US Dollar Index: Insights from Analysts appeared first on Crypto Breaking News.
As Bitcoin continues to show strength in the market, Bitfinex reports a surge in Bitcoin long positions to a 6-month high. This development has sparked speculation about whether the BTC price will rally in the near future. The increase in Bitcoin longs on Bitfinex suggests growing investor confidence in the leading cryptocurrency. Long positions reflect [...]
The post Bitfinex Bitcoin Longs Surge to 6-Month Peak: Will BTC Price Rise? appeared first on Crypto Breaking News.
Solana Labs CEO Speaks Out on Controversial Advertisement The CEO of Solana Labs has finally addressed the backlash surrounding a controversial advertisement that has generated a lot of discussion in the crypto community. Anatoly Yakovenko, the CEO of Solana Labs, broke his silence on the matter to provide some clarity and context regarding the ad. [...]
The post Solana CEO Speaks Out: Addressing Controversy Surrounding Ad Backlash appeared first on Crypto Breaking News.
An analytics firm has explained how the data related to the stablecoins could hint at whether the Bitcoin market top is in or not. Stablecoins Have Seen Their Market Cap Touch New Highs Recently In a new post on X, the market intelligence platform IntoTheBlock has discussed about the trend in the combined stablecoin market cap. “Stablecoins” refer to cryptocurrencies that are pegged to a fiat currency (with USD being the most popular choice). Generally, investors make use of these assets when they want to avoid the volatility associated with other coins like Bitcoin. Traders who invest into stablecoins, however, usually do so because they plan to venture (back) into the volatile side of the sector. Related Reading: Dogecoin Can Still Go Parabolic If This Support Holds, Analyst Says As such, the supply of these fiat-tied tokens is often considered as the available ‘dry powder’ for Bitcoin and other cryptocurrencies. Given this placement of the stables in the sector, their market cap can be worth keeping an eye on. Here is the chart shared by the analytics firm that shows the trend in the stablecoin market cap over the past few years: As displayed in the above graph, the market cap of the stablecoins has been riding an uptrend recently and exploring new all-time highs (ATHs). Following the latest continuation to the increase, the metric has hit a whopping $219 billion. To put things into perspective, the market cap of Ethereum (ETH), the second largest asset in the sector, is just under $233 billion. Thus, the stables are less than $14 billion away. IntoTheBlock has pointed out an interesting pattern related to this indicator. In the chart, it’s visible that the metric’s top last cycle was when it hit $187 billion in April 2022. Evidently, this peak in the market cap of the stables coincided with the start of the bear market. “Historically, stablecoin supply peaks align with cycle highs,” notes the analytics firm. So far in the current cycle, the indicator has continued to rise, despite the decline in the asset’s price. If the previous trend is anything to go by, this could be an indication that Bitcoin and other coins are yet to enter a bear market. That said, the latest market conditions haven’t exactly been entirely bullish. The most positive scenario occurs whenever both BTC and the stablecoins enjoy an increase in their market caps. In such a period, a net amount of fresh capital inflows are entering into the sector. Related Reading: Bitcoin & Altcoin Volume FadesInvestor Exhaustion Setting In? At present, though, the stablecoins have been rising while Bitcoin and others have been falling. This could potentially imply a rotation of capital has been occurring, rather than fresh inflows. During the mid-2021 correction, a similar pattern emerged, but the market was able to find its footing and the second half of the rally took place. It now remains to be seen whether something similar would happen for Bitcoin this time as well, or if the market will go the way it did in 2022. Bitcoin Price At the time of writing, Bitcoin is trading around $84,700, down over 4% in the last seven days. Featured image from Dall-E, IntoTheBlock.com, chart from TradingView.com
As the cryptocurrency market continues its upward trajectory, stablecoin supply has seen significant growth, reaching a whopping 219 billion. This surge in stablecoin supply indicates a shift in the market dynamics, suggesting that we are still in the midst of a bullish cycle rather than reaching its peak. Stablecoins are digital assets designed to maintain [...]
The post $219B Stablecoin Supply Surge Indicates Mid-Bull Cycle, not Market Peak appeared first on Crypto Breaking News.
On May 24, Binance CEO Changpeng Zhao, also known as CZ, shared through Twitter that “Chinese speaking communities are buzzing” following a news broadcast by state-operated media network China Central Television (CCTV) regarding Hong Kong’s latest cryptocurrency-focused regulatory policy. CCTV’s Coverage of Hong Kong’s Crypto Regulations Sparks Excitement, Says Binance CEO; Nanxin University Launches Metaverse
The post Binance CEO Claims Chinese Communities Are ‘Buzzing’ After CCTV Airs Crypto Segment appeared first on BTC Ethereum Crypto Currency Blog.
Oriental Peak Mining promises a guaranteed 5% daily profit, or a total profit of 300% for 60 days, 225% for 45 days, or 100% for 15 days.
The post 5% Daily Profit? SEC Flags Down Oriental Peak Mining’s Online Investment Scheme appeared first on BitPinas.
According to Yeeha Games, the game has garnered 300,000 pre-registered players and an impressive number of favorable reviews.
The post MMORPG NFT Game ‘Oath of Peak’ on Polygon Achieves 300K Pre-Registered Players appeared first on BitPinas.
Starting January 12th, Oath of Peak will be available to download on Google Play Store and Apple App Store.
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