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Feb 18, 2023

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DECENTRALIZED AI AND CRYPTO: THE RISE ASI TOKENS

27m

🚀 Bitcoin (BTC) Rebound Alert: After a rocky start to April, BTC is showing signs of recovery, climbing to $84,525.65 as of April 11, with a 1.10% increase in the last 24 hours and a 1.79% rise over the past week. Despite a recent dip to $74,508—its lowest this year—market sentiment is shifting as institutional interest grows and Trump’s pro-crypto policies fuel optimism. With a market cap of $1.68T and a 24-hour trading volume of $28.75B, Bitcoin remains a powerhouse, though it’s still 22.47% below its all-time high of $109,026.02 from November 2024. 📈 On-Chain Insights: Bitcoin’s resilience is evident as large wallets have been accumulating recently, signaling strong confidence among whales despite global trade concerns. Analysts note that BTC’s 7-day strength and the return of margin and spot traders suggest a potential rally, with some eyeing a breakout past the $90,000 resistance level. However, volatility remains high—total liquidations across crypto markets hit $2.18B recently, reflecting market uncertainty. As Bitcoin hovers around $83,788.74 today, April 13, the community is bullish, but will it reclaim its record highs soon? #BTCRebound

Apr 13

📉 Pi Network (PI) Price Update: Currently at $0.7443, down 3.0% today. After peaking near $2.50 in early March, the price has been on a steady decline. Market Cap: $5.6B, with a 24H trading volume of $421M. Circulating supply: 6.86B PI. What are your thoughts on PI's price movement? #PiNetwork

Apr 13

The Bitcoin price chart from CoinMarketCap, set to a 1-day interval, shows a current price of $79,013.36 with a 3.44% increase, indicating a short-term bullish movement. The chart displays a series of candlesticks reflecting price action, with a notable peak at $95,043.44 followed by a sharp decline to $73,406.34, and a recent recovery to the current level. The moving averages (MA) provide additional context: the 7-day MA at $81,342.90, 50-day MA at $86,099.74, and 100-day MA at $92,459.15 are all trending downward, suggesting a longer-term bearish trend despite the recent uptick. The price has also dipped below a descending trendline, which acted as resistance around $89,987.11, and is now testing this level again, indicating potential volatility ahead. From a technical perspective, Bitcoin appears to be at a critical juncture. The recent 3.44% gain could signal a short-term reversal, but the downward-sloping moving averages and the failure to break above the descending trendline suggest caution for bulls. The price action shows a strong rejection at the $95,000 level, followed by a significant drop, which may indicate profit-taking or broader market uncertainty. For traders, the current price around $79,000 is a key level to watch—if Bitcoin can break above the trendline and the 7-day MA, it might signal a stronger recovery toward $85,000 or higher. Conversely, failure to hold above $74,436.67 could lead to further downside, potentially retesting the $73,406.34 low. Market participants should monitor volume and broader crypto market sentiment for confirmation of the next move.

Apr 8

The Trump family’s World Liberty Financial just dropped USD1, a dollar-backed stablecoin, after raising over $500 million. They’ve taken the reins on this one, with governance skewed toward insiders, stirring up chatter about their sway in crypto. It’s a bold move that’s got people talking power play or game changer?

Apr 2

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Binance CEO | Formerly Binance Head of Regional Markets | Former CEO of Financial Services Regulatory Authority ADGM

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