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šŸ“ˆ Analysis and Prediction (ADA and TWT): šŸš€ ADA/USDT - On October 2nd, #cardano reached a 30-day high of $0.28. From September 27th to October 5th, the indicator increased from 62.74% to 63.5%. Perhaps the ecosystem participants have responded positively to the recent development activity of the Cardano team. 63.5% represents the highest level of ADA staker activity since June 22, 2023. Considering that more coins are being taken out of circulation by holders, the asset's price may gradually rise above the $0.30 mark. Another confirmation of the bullish forecast is the noticeable increase in demand for Cardano. On October 2nd, 3860 new addresses were registered on the network. In the first week of October, a total of 11,383 wallets joined the ecosystem. If market participants remain active, the next wave of demand could push ADA towards the $0.30 level. Cardano could potentially reach $0.35 if the bulls manage to overcome resistance from 509,000 addresses that bought 5.7 billion tokens at the minimum price of $0.29. šŸ“ˆ What do you think about these price movements? šŸ¤”šŸ’­ šŸ“ˆ TWT/USDT - #twt is currently below a descending trendline of resistance since May 28th. The asset has made multiple attempts to break above it, but has failed each time. The latest attempt led to Trust Wallet Token's price dropping to a local low of $0.71 on September 11th. The subsequent bounce formed a long lower wick and a bullish candle that engulfed the entire drop. A few days later, TWT accelerated its growth, reaching a high of $0.97 and breaking the descending resistance. In the coming days, the price of Trust Wallet Token may experience a slight pullback to confirm the long-term resistance line as support. However, continuation of the upward movement without a pullback is also quite common. šŸš€šŸ“‰

šŸ“ˆ Analysis and Prediction (ADA and TWT):

šŸš€ ADA/USDT - On October 2nd, #cardano reached a 30-day high of $0.28. From September 27th to October 5th, the indicator increased from 62.74% to 63.5%. Perhaps the ecosystem participants have responded positively to the recent development activity of the Cardano team. 63.5% represents the highest level of ADA staker activity since June 22, 2023. Considering that more coins are being taken out of circulation by holders, the asset's price may gradually rise above the $0.30 mark. Another confirmation of the bullish forecast is the noticeable increase in demand for Cardano. On October 2nd, 3860 new addresses were registered on the network. In the first week of October, a total of 11,383 wallets joined the ecosystem. If market participants remain active, the next wave of demand could push ADA towards the $0.30 level. Cardano could potentially reach $0.35 if the bulls manage to overcome resistance from 509,000 addresses that bought 5.7 billion tokens at the minimum price of $0.29. šŸ“ˆ

What do you think about these price movements? šŸ¤”šŸ’­

šŸ“ˆ TWT/USDT - #twt is currently below a descending trendline of resistance since May 28th. The asset has made multiple attempts to break above it, but has failed each time. The latest attempt led to Trust Wallet Token's price dropping to a local low of $0.71 on September 11th. The subsequent bounce formed a long lower wick and a bullish candle that engulfed the entire drop. A few days later, TWT accelerated its growth, reaching a high of $0.97 and breaking the descending resistance. In the coming days, the price of Trust Wallet Token may experience a slight pullback to confirm the long-term resistance line as support. However, continuation of the upward movement without a pullback is also quite common. šŸš€šŸ“‰

Disclaimer: Includes third-party opinions. No financial advice.Ā See T&Cs.
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šŸ” Cybersecurity News (Mar 27, 2024): 1ļøāƒ£ Justice: The US Federal Prosecution accused cryptocurrency exchange #KuCoin and its two founders of money laundering worth $9 billion. According to authorities, platform founders Chun (Michael) Gan and Ke (Eric) Tang did not implement KYC/AML procedures from 2017 to 2023, despite serving over 30 million clients. Subsequently, identification and verification were not applied to existing users. šŸ”’ 2ļøāƒ£ Cyvers Alerts: DeFi project #Curio fell victim to an attack, with experts at Cyvers Alerts estimating damages at $16 million. šŸšØ 3ļøāƒ£ Checkmarx: Hackers targeted #GitHub users using fake Python infrastructure. Malware disguised itself as the popular package "colorama" and was spread among over 170,000 members of the Top.gg community through a compromised account. šŸ”’ 4ļøāƒ£ Plum: An expert has uncovered a phishing scam, presumably targeting creditors of bankrupt crypto companies BlockFi and FTX. In just five days, losses from this ongoing fraud amounted to $7 million. Researcher #Plum found that victims receive emails purporting to be from restructuring teams with updates on legal proceedings. Users are offered the chance to withdraw digital assets by clicking a link to confirm ownership of their wallet. šŸŽ£ 5ļøāƒ£ Pacman: Gaming Web3 platform Munchables, built on Ethereum Layer 2 solution Blast, lost $97 million due to an exploit. The hacker returned the funds unconditionally. On March 26, the team announced the incident, stating they are tracking fund movements and attempting to halt transactions. šŸ”’ šŸ‘‰ Subscribe to our channel to stay updated on the latest news and security tips in the cryptocurrency world!
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šŸ¤– AI News (Mar 28, 2024): 1ļøāƒ£ University of Ottawa Heart Institute: Scientists from the University of Ottawa have announced the integration of #AI models into their work to study cardiovascular diseases. A digital innovation center has been established at the University's Heart Institute. The main goal is to more widely implement neural networks and machine learning in the diagnosis and care processes for patients. šŸ§  2ļøāƒ£ Tether: #Tether Operations Limited has declared a strategic expansion of its activities in the artificial intelligence industry. According to the press release, this move demonstrates the company's commitment to enhancing the accessibility and efficiency of AI, emphasizing its role in shaping the future of new technologies. šŸ’” 3ļøāƒ£ MicroStrategy: #MicroStrategy Incorporated has announced a customizable AI bot named Auto, which provides faster and easier access to the organization's business analytics. It complements the AITM service released in October 2023. šŸ¤– 4ļøāƒ£ Adobe: At the #Adobe Summit conference, Microsoft and Adobe revealed plans to merge products into the AI tool Copilot. The new features will assist marketers in collaborating on content development and managing advertising campaigns in applications like Microsoft Outlook, Teams, and Word. The capability to transfer current data and workflows from Adobe Experience Cloud and Dynamics 365 to Microsoft's AI model will be introduced. šŸš€ 5ļøāƒ£ Amazon: #Amazon has announced new investments of $2.75 billion in the AI startup Anthropic. In total, the tech giant has invested $4 billion, fulfilling the promise made in September 2023. Under the collaboration agreement, Anthropic will utilize Amazon Web Services (AWS) as its main cloud provider, including security research and the development of future foundational models. The AI startup will create, train, and deploy models using AWS Trainium and Inferentia chips, with a long-term commitment to providing customers worldwide with access to new generations of chatbots on Amazon Bedrock. šŸŒ šŸŒŸ If you enjoyed our news compilation, subscribe!
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šŸ“ˆ Analysis and Prediction (BTC and FET): šŸ˜€ #BTC/USDT - The "Realized Price and Profit/Loss Margin of Short-Term Holders" indicator tracks the average price at which coins held by investors holding #BTC for less than 155 days last moved. According to its readings, this cohort currently has a 70% unrealized profit ā€” the highest in the last three years. Forecast: Based on the MVRV Pricing Bands indicator, a price correction could push Bitcoin towards testing the 2.4 MVRV level, which is currently near $61,700. The MVRV Pricing Bands indicator is a graphical representation that displays the MVRV ratio over time, delineating various market sentiment levels. It allows assessing how the current price relates to historical realization prices and signals potential market reversals. However, one significant bullish factor may nullify the alarming signals. Increased investor interest in recently launched spot Bitcoin ETFs has led to these financial instruments accumulating assets at unprecedented rates. In just 2 months, ETF issuers have acquired 433,843.58 BTC worth around $31.67 billion. If ETFs continue to accumulate Bitcoin reserves and its price stabilizes above $74,000, the leading cryptocurrency may continue to rise and test the 3.2 MVRV level at $85,000. #HotTrends šŸ¤§ #FET/USDT - Forecast: Fetch.ai price nearly dropped to $2.37 but bounced back to $2.80, indicating bulls still have strength. The altcoin remains above the 50-day exponential moving average, which is also a positive signal, allowing #FET not to fall below the $2.46 support level. However, the Parabolic SAR indicator suggests a downward trend. Although black dots are present above the candle, they are not yet intense. If the correction prolongs and whales pause accumulation, Fetch.ai price may lose support and head towards $2.26 and even lower. āœØ If you found this overview informative, please share it with others!
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