Generative Data Intelligence

Tag: Spark

Bringing the solar system to life in 3D with NASA

The experience is also a way of helping inspire future students who may be considering careers as our next generation of explorers. As Kris...

Top Cardano Projects in 2023: Best Cardano DApps Worth Knowing!

<!-- --> Cardano is one of the most innovative and exciting blockchain projects in the space, being referred to by many...

Top Cardano Projects in 2022: Best Cardano DApps Worth Knowing!

<!-- --> Cardano is one of the most innovative and exciting blockchain projects in the space, being referred to by many...

European Central Bank Explores Anonymity-Focused CBDC In New Report

<!-- --> The European Central Bank (ECB) has laid out suggestions for an anonymity-centric central bank digital currency (CBDC) in a...

Technologies of future: How AI will impact online relationships?

We’re living in a world that changes every day. Some of these changes come unnoticed at first, others arrive with a bang and seem...

Bitcoin World Reserve Currency- Possible, or Probable?

<!-- --> Though fairly new and not even close to reaching its full potential, blockchain technology has already revolutionized the world...

Crypto Exchange Coinbase Opens Trading Services in India After Big Hiring Spree

<!-- --> Top US crypto exchange Coinbase has opened up shop in India as part of its expansion into one of...

Oil surges, lower US yields boost gold

Oil prices soar overnight Russian President Putin shocked the energy markets on Wednesday when he directed that payments for Russian natural gas by “unfriendly nations” must be paid for in roubles. The announcement and the full closure of the Caspian Pipeline Consortium’s (CPC) pipeline by Russia sent European natural gas prices 30% higher, and also aggressively […]

GameStop Launches NFT Marketplace on Loopring (LRC)

GameStop has launched a beta version of its highly anticipated non-fungible token (NFT) marketplace on the Loopring (LRC) blockchain, sending LRC parabolic in the process. First announced last year, GameStop aims to bring fast, cheap, and secure NFT trading to the masses, addressing the issue of most regular developers and gamers being priced out of […]

The post GameStop Launches NFT Marketplace on Loopring (LRC) appeared first on Coin Bureau.

Oil surges, gold eases

Oil prices soar overnight Oil markets are a mess of volatility at the moment, along with my oil data feeds, as Brent crude and WTI endured another day of very choppy trading in a very wide intraday range. Brent crude gave back all its intraday gains, even after API Crude Inventories fell, to finish 1.85% […]

TA: Bitcoin Steadies Above $42K, What Could Spark More Upsides

Bitcoin started a steady increase above the $42,000 resistance against the US Dollar. BTC tested the $43,400 zone and recently corrected lower. Bitcoin started a downside correction after a test of $43,400. The price is trading above $42,000 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $41,950 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must stay above the $41,500 support zone to remain in a positive zone. Bitcoin Price Remains In Uptrend Bitcoin price started a steady increase after it cleared the $42,000 resistance zone. BTC gained pace for a move above the $42,500 level and settled above the 100 hourly simple moving average. The upward move was such that the price even broke the $43,200 resistance. It traded as high as $43,402 and is currently correcting lower. There was a move below the 23.6% Fib retracement level of the recent increase from the $40,510 swing low to $43,402 high. However, the bulls are defending the $42,000 support zone. There is also a key bullish trend line forming with support near $41,950 on the hourly chart of the BTC/USD pair. The trend line is close to the 50% Fib retracement level of the recent increase from the $40,510 swing low to $43,402 high. On the upside, the price is facing resistance near the $42,800 level. The next major resistance could be near the $43,000 zone. A successful break and close above the $43,000 level might start another steady increase. Source: BTCUSD on TradingView.com In the stated case, the price might rise towards the $43,500 level. Any more gains could send the price towards the $44,200 level in the coming sessions. Downside Break in BTC? If bitcoin fails to clear the $43,000 resistance zone, it could correct further lower. An immediate support on the downside is near the $42,000 zone. The next major support is seen near the trend line and the 100 hourly SMA. The main support sits near the $41,500 zone (the previous breakout zone). A downside break below the $41,500 support zone could push the price further lower towards $40,500. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $42,000, followed by $41,500. Major Resistance Levels – $42,800, $43,000 and $43,500.

Institutions Going for XRP, Polkadot and One Ethereum Challenger As War Jitters Spark Uncertainty: CoinShares

A leading digital assets manager says crypto investment products suffered nearly $50,000,000 in outflows last week despite inflows to altcoins. In the latest Digital Asset Fund Flows Weekly report, CoinShares says most of last week’s outflows originated in North America. “Digital asset investment products saw outflows for the second consecutive week, totaling US$47m last week. The […]

The post Institutions Going for XRP, Polkadot and One Ethereum Challenger As War Jitters Spark Uncertainty: CoinShares appeared first on The Daily Hodl.

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