$400,000,000 Destroyed as Bitcoin (BTC) Drops Below ATH
U.Today - The price of Bitcoin is plummeting, falling below its peak and leading to significant market liquidations. Bitcoin is currently trading at $105154 with a slight downward...
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Litecoin Falls 10% In Selloff
- Litecoin was trading at $115.997 by 12:55 (17:55 GMT) on the Index on Wednesday, down 10.47% on the day. It was the largest one-day percentage loss...
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dTRINITY Launches Subsidized Stablecoin Lending Protocol on Fraxtal L2
Singapore, Singapore, December 18th, 2024, Chainwire dTRINITY, a next-generation stablecoin liquidity protocol, has announced its mainnet debut on the Fraxtal L2 network. The...
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Sophon Mainnet Goes Live with $500M TVL and Strategic Industry Collaborations
Dubai, India, December 18th, 2024, Chainwire Sophon has launched its mainnet, introducing the first-ever Validium on ZKsync powered by Avail DA. With over $500M in Total ...
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'The Window to Accumulate Bitcoin Is Rapidly Closing': Samson Mow Warns
U.Today - Renowned Bitcoin maximalist Samson Mow, the former CSO at Adam Back’s Blockstream and currently the CEO of JAN3 and a few other companies, believes that there is...
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COIN Scenarios. Thoughts?
If we gain here and hold I see all time highs. If we reject here I expect way lower. My play is to enter in the box. Going to wait or miss it.
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24/12/13 Tesla 427 USD - volcano erupted
Tesla actually as an high flyer. Since end of october, the value has been doubled. Are there any fundamental reasons, to substantiate such a move? 100% for sure not. Why? Musk will launch next year another cheaper car. This may help to keep the piece of the market, but not to increase very higher sales in total. 2024 tesla sold end of Q3 not more cars than in 2023. last quarter .- we will see. But chinese Market is blocked by there own. See, in what a velocity china creates new companies in EV. They do it in the same way how they did it with PV Moduls. Musk also will push the robotaxi. But he has neither a requires functionality nor a permission for such vehicles. And dont forget, amazon and google have already such cars driving. Google with her daughter with 50000 bookings per week, which will generate a lot of datas, Tesla does not have. And lot of important Tesla people in this technology leaved the company this year. But overall: the US taxi market revenue per year is roundabout 22 B USD. Maybe 10% net earnings. Even with driverless vehicles the net earings are 30%, maximal net earnings for Tesla will be in 3-4 years maybe 70 Million USD, 10 years maybe 800 Million USD (USA, europe). Discount it with 4% and you will see … If this robotaxi are good enough, not to buy an own car… we will see. Every man liked his own car. And if not, this business model will cannibalize the own business. So - Tesla is fundamental overrated. Technical side see chart. Maybe actually prices are driven by short covering (remember Volkswagen and Mr. Merckly was driven in suicide). So, prices now on upper bollinger boundary. Prices extrem above SMA 40 Weeks, which was a sign for sharp correction. And - I guess, some Short Sellers are coming onto to the floor. But - richest man in the world is naturally at any time aible, to buy for private, for several billions. That means: Hedge funds as short sellers must have min. 10-20 B USD to fight or covered. Dan 13.12.24
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Sonic Labs Launches the Sonic Mainnet: EVM-Compatible, Verifiable 10,000 TPS, and Sub-Second Finality
George Town, Cayman Islands, December 13th, 2024, Chainwire Sonic Labs today announced the launch of the Sonic mainnet, an EVM-compatible layer-1 blockchain platform that offers...
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NFTMozaic Secures Web3 Foundation Grant to Unite and Elevate Polkadot's NFT Ecosystem
Singapore, Singapore, December 18th, 2024, Chainwire NFTMozaic, the newest project to hit the Polkadot ecosystem, has been awarded a Decentralized Futures Grant by the Web3...
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CELH - Reload opportunity?
As per my last post on CELH, we built enough demand to hit our HTF supply at $32. Successful trade an outlook there. Now after an expected rejection at that HTF supply, we are back at our flip zone which was a strong resistance level now looking to turn into support. With a strong reaction off of this zone we may have another opportunity to at least retest the $32 supply and continue to attempt to break it. Happy Trading :)
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How a U.S. Port Strike Could Affect You
Key Takeaways A potential strike could shut 14 shipping ports that handled 68% of all …
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+1,170% in 1 day! $1.39 to $17.66!
BOOM 💥 $1 to $17 a 1,000% runner in just hours on massive billions USD in volume! NASDAQ:NUKK bringing nuclear power 💪 3 Buy Alerts for our team, easliest one at $2.91!
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Will Quantum Computing Inc. return a1000x ??
That is a 100,000% return. Bold statement. Been studying.. hear me out, I think photonic hardware solutions in the Quantum machine space will be the next big thing. NVIDIA GPUs would become obsolete in the cloud computing space if this small business succeeds. Scaling up quantum qbits is the bottleneck to establishing a stable working Quantum computer.. The big tech companies are falling over each other in the race to be the first to develop a system using cryogenics to advert interference. Along comes Quantum Computing with a novel approach. Why try to stop the interference? To use their own words: “In quantum information processing, loss and noise are usually detrimental and must be minimized. This is why quantum systems using atomic and alike qubits must be hosted in cryogenic vacuum chambers, and why photon loss is the roadblock to quantum communications and computing. This requirement translates to exceeding challenges in quantum system manufacture and operations, and has been the bottleneck preventing the scaling up of the qubit number and connectivity. With entropy quantum computing, we flip the coin around. Instead of trying to avoid loss and noise, we harness them to build quantum machines whose capacity and speed outmatch existing computing modalities. This fundamentally new quantum computing approach is called Entropy Quantum Computing (EQC). It roots deeply in the intriguing principles of quantum mechanics. First, loss or decoherence of a quantum state occurs through its coupling to an entropy source with many degrees of freedom. The apparent diminishing of quantum characteristics as a result is just a statistically averaged manifestation of many possible outcomes of such coupling. Second, vacuum is never quiet, although it does not appear to contain any energy or particle. There are, in fact, enormous amounts of random fluctuations occurring at all times in each of the vacuum mode. EQC is conceived and developed with those intriguing quantum principles. Rather than trying to create and manipulate pristine qubits isolated from the environment, EQC utilizes loss and decoherence, and turns entropy into super-power fuels of its computing engine. In sharp contrast to any existing quantum platforms, there is no need for cryogenic or isolated housing, and the implementation can use integrated photonics, leading to SWAP-C friendly devices, just like regular PC’s.” This is amazing. As someone who studied probability theory & stochastic processes, their approach strikes a chord. ** Technical analysis ** On the above 12 day chart price action has corrected 98% since early 2021. Why bullish? 1) Support and resistance, price action prints on past resistance after the 2018 breakout. 2) Dragonfly DOJI candle. 3) Regular bullish divergence as measured over 60 days. 4) No stock splits. 5) We have a macro symmetrical triangle and bull flag. The bull flag forecasts a 20,000% print on confirmation, which would also be repeated on the symmetrical triangle confirmation extending price action to 1000x from where it is today. Is it possible price action corrects further? Sure. Is it probable? No Ww Type: investment Risk: you decide Timeframe for long: Now Return: 1000x Stop loss: will say elsewhere
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WELF Announces Token Listing on MEXC
Dubai, UAE, December 18th, 2024, Chainwire Welf, a comprehensive ecosystem of private banking services that bridge traditional finance with the digital age, is announcing the...
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