Crypto News
Billions.Network Launches Privacy-Focused Digital ID to Rival Sam Altman’s Worldcoin
Billions.Network offers a non-biometric ID verification platform, using zero-knowledge proofs for privacy and security.Source link
Phantom Acquires Simplehash to Enhance Token Data for Users
The acquisition of Simplehash by Phantom aims to provide users with real-time, high-performance blockchain insights. This move enhances Phantom’s wallet capabilities, offering improved market data, NFT tracking, and spam protection. Phantom Boosts Wallet Performance with Simplehash Integration Phantom, a crypto wallet provider has acquired Simplehash, a token data platform, to deliver faster, more reliable blockchainSource link
Bitcoin Sell-Off Could Be a Textbook ‘Breakout and Retest’ Play: Godbole
Remember the last time you went on vacation? After locking the door and heading toward your car, you likely turned back abruptly to ensure the lock was secure before continuing your journey.Financial markets, led by a range of human emotions, exhibit similar behaviors. After a convincing move beyond a long-held resistance, assets typically return to confirm the validity of the breakout. That serves as a test of the strength of the former resistance-turned-support, following which bigger rallies unfold.The "breakout and retest play" phenomenon is well-known across asset classes. Bitcoin's (BTC) ongoing sell-off might be just that – a healthy retest of the breakout point or the former resistance-turned-support of $73,835 breached in November.In other words, the downward momentum could run...
Alibaba Announces $53 Billion AI and Cloud Computing Push
Chinese e-commerce giant Alibaba reported that it was ready to invest $53 billion in artificial intelligence (AI) and cloud computing initiatives in the next three years. The commitment is part of a gradual push of the company to these technologies, allowing it to increase its growth. According to Alibaba CEO Eddie Wu, AI has theSource link
Bitcoin’s Decline: How It Stacks Up Against Past Market Corrections
Bitcoin's drop below $80,000 comes as ETF outflows surge and macro pressures mount. But how does the current dip stack up against the past?Source link