Peter Brandt, a veteran trader and respected chartist, says gold is poised for a massive chart breakout with targets of $2,800 and then $3,200, based on an inverse head and shoulders pattern indicating a bullish trend. This outlook aligns with recent bullish forecasts from various analysts and economists. Gold Poised for Major Breakout, Says Trader […] Source: https://news.bitcoin.com/veteran-trader-peter-brandt-says-gold-is-poised-for-massive-chart-breakout/
Month: August 2024
Huawei’s Upcoming AI Chip Could Challenge Nvidia’s Dominance
Chinese electronics giant Huawei Technologies is poised to unveil a new artificial intelligence chip that could rival Nvidia’s powerhouse H100 processor. The firm has been testing its Ascend 910C with major players in China’s tech sector, including ByteDance, Baidu, and China Mobile, according to a report in the Wall Street Journal. The development comes after a series of stringent U.S.…
Elon Musk Offers to Assist Donald Trump Boost Government Efficiency
Tesla and Spacex CEO Elon Musk has offered to assist former U.S. President Donald Trump in managing government spending if Trump is re-elected, proposing the creation of a government efficiency commission. Trump endorsed the idea, praising Musk as “the greatest cutter” and suggesting he would be a great leader for such a commission. Trump and […] Source: https://news.bitcoin.com/elon-musk-offers-to-assist-donald-trump-boost-government-efficiency/
New Pixel 9 and Gemini Live Show Google Is All In on AI
Google is adding even more AI features to its suite of products, including the new Pixel 9 mobile phone, the company said during the annual Made by Google conference on Tuesday. Attendees at the event in Mountain View, Calif., were shown several updates to Android OS, the new Pixel 9 phones, Pixel 9 Pro Fold, Pixel Watch 3, and Pixel Buds…
Bitcoin Holders Tighten Their Grip, Glassnode’s Latest Report Reveals
The latest onchain report from the analytics firm Glassnode highlights a resurgence in the holding (referred to as ‘HODLing’ in the report) behavior among bitcoin market participants, particularly long-term holders, despite the ongoing market volatility. Onchain data reveals that, following months of significant distribution pressure, the trend is now shifting back toward accumulation. Report Shows […] Source: https://news.bitcoin.com/bitcoin-holders-tighten-their-grip-glassnodes-latest-report-reveals/
Vivek Ramaswamy predicts Harris may adopt a pro-crypto position
Both Kamala Harris and her running mate, Tim Walz, have yet to present clear policy positions on digital asset regulation in the United States. Source: https://cointelegraph.com/news/vivek-ramaswamy-predicts-harris-adopt-pro-crypto-position?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
FOMO HOUR 178 – TRUMP AND ELON ON X
FOMO HOUR 178 – TRUMP AND ELON ON X SOLETH down 10% from ATH. Grayscale ETH ETF shows no outflows. Bitcoin slump due to rising Kamala odds: Bernstein. Alt season won’t return until BTC above $70k: Hayes. PayPal stablecoin on SOL flips ETH TVL. 3AC files $1.3bn claim against Terraform Labs. Marathon to stamp ‘Made in USA’ on mined BTC.…
Canadian regulators are looking to investor protection with stablecoin rules — CIRO
CIRO executive Suzanne Lasrado offered her opinion on the regulatory guidelines affecting Canadian stablecoin users at the Blockchain Futurist Conference. Source: https://cointelegraph.com/news/canadian-regulators-are-looking-to-investor-protection-with-stablecoin-rules-ciro?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
WonderFi expands to Australia — Blockchain Futurist Conference
The crypto firm merged with Coinsmart and Coinsquare in 2023, securing $1 billion in assets under management in the same year. Source: https://cointelegraph.com/news/wonder-fi-expands-australia-blockchain-futurist-conference?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Telegram Game ‘TapSwap’ Adds City Builder Mode Linked to TON Token Airdrop
Telegram game TapSwap racked up tens of millions of players in recent months ahead of a planned token launch and airdrop on The Open Network (TON)—and now it’s expanded beyond the original Notcoin-esque tap-to-earn premise with a new city builder mode. Launched on Monday, Tappy Town is a new game mode found within the TapSwap mini app on Telegram that…