The price of #WOO moving in an ascending channel in the daily time frame.
The price strongly reacts to the support and resistance of the channel, and now it has reached the bottom of the channel. It should be seen whether it will support the price this time or not.
To continue the upward trend, the price must cross the dynamic resistance and return to the level of $0.3150-$0.3600 . A break and violation of the channel will cause the price to move towards the $0.1500 demand area.
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The price strongly reacts to the support and resistance of the channel, and now it has reached the bottom of the channel. It should be seen whether it will support the price this time or not.
To continue the upward trend, the price must cross the dynamic resistance and return to the level of $0.3150-$0.3600 . A break and violation of the channel will cause the price to move towards the $0.1500 demand area.
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#Zcash has almost reached its historic bottom. The descending channel in which the price is still moving in that after more than 2 years.
In the daily time frame, a downward channel has been formed since about 2 years ago, and the price is decreasing in this channel. Now, the price has decreased to the level of $17.50-$19.00 .
Breaking the current level will push the price towards the bottom of the channel. Although the possibility of the price falling further is very low. The rise and recovery of the price from the current level is more likely.
▶️ 🆕 ⭐️ @KasifyX
In the daily time frame, a downward channel has been formed since about 2 years ago, and the price is decreasing in this channel. Now, the price has decreased to the level of $17.50-$19.00 .
Breaking the current level will push the price towards the bottom of the channel. Although the possibility of the price falling further is very low. The rise and recovery of the price from the current level is more likely.
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iZUMi Finance: Completed 100% ZK airdrop redistribution, with a total of 920,000 addresses distributed
According to financial reports, multi-chain DeFi protocol iZUMi Finance announced that it has completed the redistribution of 100% ZK airdrop. Previously, the iZUMi platform promised to redistribute 100% of the ZK token airdrops it received to its user base and community. 50% of the airdrops will be distributed to holders of iPoints on a proportional basis, 10% of the airdrops will be distributed as incentives to early liquidity supporters of the platform on the zkSync Era network, and 40% of the points will be distributed as additional empowerment. Holders of iZi and veiZi tokens..
▶️ 🆕 ⭐️ @KasifyX
According to financial reports, multi-chain DeFi protocol iZUMi Finance announced that it has completed the redistribution of 100% ZK airdrop. Previously, the iZUMi platform promised to redistribute 100% of the ZK token airdrops it received to its user base and community. 50% of the airdrops will be distributed to holders of iPoints on a proportional basis, 10% of the airdrops will be distributed as incentives to early liquidity supporters of the platform on the zkSync Era network, and 40% of the points will be distributed as additional empowerment. Holders of iZi and veiZi tokens..
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AI Revolution Alert: Matrix Math Gets the Boot! 💥
Hey AI enthusiasts!🤖 ✨ We’ve got a game-changer in the world of AI! Researchers from UC Santa Cruz, UC Davis, LuxiTech, and Soochow University have shaken up the status quo by eliminating matrix multiplication (MatMul) in large language models (LLMs). This breakthrough could dramatically cut power consumption and reduce reliance on GPUs, which currently dominate AI landscape.
In their groundbreaking paper, "Scalable MatMul-free Language Modeling," the team introduced a 2.7 billion parameter model that performs on par with traditional LLMs, all without MatMul. They achieved this by using simpler arithmetic operations and custom-programmed FPGA chips, slashing energy use to just 13 watts—38 times less than conventional methods.
This innovation not only promises greener AI but also paves the way for deploying powerful models on devices with limited resources, like smartphones. It's a major leap towards making AI more accessible, efficient, and sustainable.
Stay tuned as we watch this MatMul-free marvel reshape the future of AI! 🚀🌍 Source
Hey AI enthusiasts!
In their groundbreaking paper, "Scalable MatMul-free Language Modeling," the team introduced a 2.7 billion parameter model that performs on par with traditional LLMs, all without MatMul. They achieved this by using simpler arithmetic operations and custom-programmed FPGA chips, slashing energy use to just 13 watts—38 times less than conventional methods.
This innovation not only promises greener AI but also paves the way for deploying powerful models on devices with limited resources, like smartphones. It's a major leap towards making AI more accessible, efficient, and sustainable.
Stay tuned as we watch this MatMul-free marvel reshape the future of AI! 🚀🌍 Source
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The price of #RLC has reached the support level of $1.900-$2.020 .
There is a possibility of the price returning to the broken upward trend line and dynamic resistance and then returning to the current level.
If the price declines from the current level, it will fall to the level of $1.250-$1.350.
Both specified levels are considered important demand levels.
▶️ 🆕 ⭐️ @KasifyX
There is a possibility of the price returning to the broken upward trend line and dynamic resistance and then returning to the current level.
If the price declines from the current level, it will fall to the level of $1.250-$1.350.
Both specified levels are considered important demand levels.
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Coinbase: Ocean-Fetch AI merge will not be supported
Coinbase said in a statement that the exchange will not implement the migration of Ocean Protocol (OCEAN) and Fetch.ai (FET) on behalf of users, but plans to continue to support transactions of each asset until further notice. Coinbase said that it will allow users to migrate through self-hosted wallets, including but not limited to Coinbase Wallet. Coinbase said that the token merger will support "all major software wallets". Coinbase does not support the transaction of Singularity NET (AGIX), which is the third token to be merged with OCEAN and FET in July. The company did not comment on AGIX in the latest statement.
▶️ 🆕 ⭐️ @KasifyX
Coinbase said in a statement that the exchange will not implement the migration of Ocean Protocol (OCEAN) and Fetch.ai (FET) on behalf of users, but plans to continue to support transactions of each asset until further notice. Coinbase said that it will allow users to migrate through self-hosted wallets, including but not limited to Coinbase Wallet. Coinbase said that the token merger will support "all major software wallets". Coinbase does not support the transaction of Singularity NET (AGIX), which is the third token to be merged with OCEAN and FET in July. The company did not comment on AGIX in the latest statement.
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BTC exceeded $61,000
The market shows that BTC has exceeded $61,000 and is now reported at $6,005.15, with a daily decline of 1.25%. The market fluctuates greatly. Please do a good job of risk control
The market shows that BTC has exceeded $61,000 and is now reported at $6,005.15, with a daily decline of 1.25%. The market fluctuates greatly. Please do a good job of risk control
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#Bitcoin’s🪙 price has experienced mounting sell-side pressure, causing it to shed more than 5.5% over the last seven days and setting a six-week low at $58,400 on June 25.
“If this structure persists, it has historically resulted in a deterioration of investor confidence, and risks this correction being deeper and taking longer to recover from.
⭐️ @KasifyX
“If this structure persists, it has historically resulted in a deterioration of investor confidence, and risks this correction being deeper and taking longer to recover from.
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VanEck has submitted Solana trust application documents to the U.S. SEC
According to financial reports, according to SEC documents, asset management institution VanEck has submitted Solana Trust (VANECK SOLANA TRUST) application documents to the US SEC. The VanEck Solana Trust is an ETF that issues equity common shares that are expected to be listed and traded on Cboe BZX Exchange, LLC, subject to notice of issuance.
The Trust's investment objective is to reflect the price performance of Solana, less Trust operating expenses. To achieve its investment objective, the Trust will hold SOL and value its shares daily based on the MarketVectorTM Solana benchmark
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According to financial reports, according to SEC documents, asset management institution VanEck has submitted Solana Trust (VANECK SOLANA TRUST) application documents to the US SEC. The VanEck Solana Trust is an ETF that issues equity common shares that are expected to be listed and traded on Cboe BZX Exchange, LLC, subject to notice of issuance.
The Trust's investment objective is to reflect the price performance of Solana, less Trust operating expenses. To achieve its investment objective, the Trust will hold SOL and value its shares daily based on the MarketVectorTM Solana benchmark
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Coinbase: Ocean-Fetch AI merge will not be supported
Coinbase said in a statement that the exchange will not implement the migration of Ocean Protocol (OCEAN) and Fetch.ai (FET) on behalf of users, but plans to continue to support transactions of each asset until further notice. Coinbase said that it will allow users to migrate through self-hosted wallets, including but not limited to Coinbase Wallet. Coinbase said that the token merger will support "all major software wallets". Coinbase does not support the transaction of Singularity NET (AGIX), which is the third token to be merged with OCEAN and FET in July. The company did not comment on AGIX in the latest statement.
▶️ 🆕 ⭐️ @KasifyX
Coinbase said in a statement that the exchange will not implement the migration of Ocean Protocol (OCEAN) and Fetch.ai (FET) on behalf of users, but plans to continue to support transactions of each asset until further notice. Coinbase said that it will allow users to migrate through self-hosted wallets, including but not limited to Coinbase Wallet. Coinbase said that the token merger will support "all major software wallets". Coinbase does not support the transaction of Singularity NET (AGIX), which is the third token to be merged with OCEAN and FET in July. The company did not comment on AGIX in the latest statement.
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The crypto transaction fee hedging protocol Hedgehog has introduced Blinks.
The crypto transaction fee hedging protocol Hedgehog has introduced support for Solana Blinks, enabling users to directly place bets on prediction markets on platform X. Subsequently, this news was retweeted by the official Hedgehog account, indirectly confirming its authenticity.statement.
▶️ 🆕 ⭐️ @KasifyX
The crypto transaction fee hedging protocol Hedgehog has introduced support for Solana Blinks, enabling users to directly place bets on prediction markets on platform X. Subsequently, this news was retweeted by the official Hedgehog account, indirectly confirming its authenticity.statement.
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Chief Legal Officer of Variant Fund: SEC may reject SOL ETF application citing lack of futures market
Jake Chervinsky, Chief Legal Officer of Variant Fund, stated, "I suspect the SEC will reject the SOL ETF application on the grounds of a lack of futures market." Hasseb Qureshi, Partner at Dragonfly Capital, suggested that there are stronger reasons to argue that BTC and ETH-based ETFs meet the SEC's market surveillance requirements because these assets have well-developed futures markets. However, without listed futures markets, meeting market surveillance standards becomes challenging.
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Jake Chervinsky, Chief Legal Officer of Variant Fund, stated, "I suspect the SEC will reject the SOL ETF application on the grounds of a lack of futures market." Hasseb Qureshi, Partner at Dragonfly Capital, suggested that there are stronger reasons to argue that BTC and ETH-based ETFs meet the SEC's market surveillance requirements because these assets have well-developed futures markets. However, without listed futures markets, meeting market surveillance standards becomes challenging.
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Decentralized cross-chain oracle network developer AnchorZero has completed an $8 million seed funding round.
AnchorZero, a developer of decentralized cross-chain oracle networks, has completed an $8 million seed funding round. The funding was led by Bain Capital Crypto and Spark Capital, with participation from Ethereal Ventures, Robot Ventures, Mischief Fund, Pascal Capital, and Sarah Meyohas. AnchorZero specializes in providing secure and reliable price feed data services for smart contracts, enabling access to external data across multiple platforms. Additionally, they offer Web3 tax planning solutions. Specific valuation details were not disclosed
AnchorZero, a developer of decentralized cross-chain oracle networks, has completed an $8 million seed funding round. The funding was led by Bain Capital Crypto and Spark Capital, with participation from Ethereal Ventures, Robot Ventures, Mischief Fund, Pascal Capital, and Sarah Meyohas. AnchorZero specializes in providing secure and reliable price feed data services for smart contracts, enabling access to external data across multiple platforms. Additionally, they offer Web3 tax planning solutions. Specific valuation details were not disclosed
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#DENT fell to the demand area of $0.000880-0.000950 while maintaining the resistance ranges.
The current level is very important, and maintaining it is a sign of the continuation of the upward trend. If #DENT continues to be traded above the current level, the first and most important target is to reach the dynamic resistance, and the price reaction to it is very important.
Closing the daily candle below the current level will indicate an invalidation of uptrend.
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The current level is very important, and maintaining it is a sign of the continuation of the upward trend. If #DENT continues to be traded above the current level, the first and most important target is to reach the dynamic resistance, and the price reaction to it is very important.
Closing the daily candle below the current level will indicate an invalidation of uptrend.
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#DENT fell to the demand area of $0.000880-0.000950 while maintaining the resistance ranges.
The current level is very important, and maintaining it is a sign of the continuation of the upward trend. If #DENT continues to be traded above the current level, the first and most important target is to reach the dynamic resistance, and the price reaction to it is very important.
Closing the daily candle below the current level will indicate an invalidation of uptrend.
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The current level is very important, and maintaining it is a sign of the continuation of the upward trend. If #DENT continues to be traded above the current level, the first and most important target is to reach the dynamic resistance, and the price reaction to it is very important.
Closing the daily candle below the current level will indicate an invalidation of uptrend.
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#FET is moving in an ascending channel in the daily time frame.
After the price reached the ceiling of the channel, the price tried to cross the ceiling with good liquidity, but selling pressure prevented it, and the price witnessed more than 50% correction.
If the price can break the specified dynamic resistance, it will return to the channel ceiling area.
If the current market trend continues, there is a possibility of further correction and price reduction to the support level of $0.550-$0.780 .
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After the price reached the ceiling of the channel, the price tried to cross the ceiling with good liquidity, but selling pressure prevented it, and the price witnessed more than 50% correction.
If the price can break the specified dynamic resistance, it will return to the channel ceiling area.
If the current market trend continues, there is a possibility of further correction and price reduction to the support level of $0.550-$0.780 .
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#AXS is testing a supply level that can continue to grow until the next supply level by successfully passing this level.
If $AXS manages to break the supply level of $6.500-$6.300 in the daily chart and close above it, it will show an upward confirmation, which indicates the continuation of the upward movement towards the target resistance zone.
If the price fails to break through the current resistance level, there may be a potential return to lower levels, and the price can fall to the demand area of $5.400.
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If $AXS manages to break the supply level of $6.500-$6.300 in the daily chart and close above it, it will show an upward confirmation, which indicates the continuation of the upward movement towards the target resistance zone.
If the price fails to break through the current resistance level, there may be a potential return to lower levels, and the price can fall to the demand area of $5.400.
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A proposed Bitcoin and gold-backed ETF is set to launch on September 9th.
A proposed Exchange-Traded Fund (ETF) aims to launch on September 9th, offering investors exposure to both Bitcoin and gold without directly purchasing either asset. The STKD Bitcoin&Gold ETF, submitted in a prospectus on Thursday, is a collaboration between Tidal Investments and Quantify Chaos Advisors. It plans to utilize Bitcoin futures, Bitcoin ETFs, gold futures, and gold ETFs to provide combined investment opportunities in both assets. The strategy seeks to leverage the complementary benefits of Bitcoin and gold investment approaches to potentially stabilize investment returns amid market volatility
⭐️ @KasifyX
A proposed Exchange-Traded Fund (ETF) aims to launch on September 9th, offering investors exposure to both Bitcoin and gold without directly purchasing either asset. The STKD Bitcoin&Gold ETF, submitted in a prospectus on Thursday, is a collaboration between Tidal Investments and Quantify Chaos Advisors. It plans to utilize Bitcoin futures, Bitcoin ETFs, gold futures, and gold ETFs to provide combined investment opportunities in both assets. The strategy seeks to leverage the complementary benefits of Bitcoin and gold investment approaches to potentially stabilize investment returns amid market volatility
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Bitcoin ATM operator RockItCoin has donated funds to support the Lost Boyz Inc youth program.
Bitcoin ATM operator and fintech company RockItCoin has announced a donation to Lost Boyz Inc. Lost Boyz Inc focuses on helping youth in Chicago's South Side community develop confidence and life skills through sports programs. RockItCoin's donation is part of their charitable initiative, RockItCoin Gives, aimed at supporting community development and youth education.
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Bitcoin ATM operator and fintech company RockItCoin has announced a donation to Lost Boyz Inc. Lost Boyz Inc focuses on helping youth in Chicago's South Side community develop confidence and life skills through sports programs. RockItCoin's donation is part of their charitable initiative, RockItCoin Gives, aimed at supporting community development and youth education.
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