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Vika
@vika1213
1963 Following
1130 Followers
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New Crypto to Explode as 20 US States Consider Bitcoin Reserve
While implementing a strategic Bitcoin reserve on a federal level isn’t easy, 20 US states have proposed their own Bitcoin bills.
This includes Oklahoma, Massachusetts, Ohio, Texas, and Illinois. North Carolina plans to allocate the largest sum to $BTC purchases, over $2.6B.
If passed, these 20 US states would collectively buy roughly 247,000 $BTC, worth $23B at the current price.
Some states plan to buy $BTC with general funds, while others are considering spending seized assets and donations.
https://bitcoinist.com/new-crypto-explodes-as-us-considers-bitcoin-reserve/ 0 reply
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Ethereum Price Analysis: ETH Faces Deeper Troubles, Risks Falling to $2.4K
On the daily chart, it is evident that ETH has been experiencing a massive crash since breaking below the 200-day moving average, which is currently located around the $3,000 mark.
While the price has even tested the $2,100 support zone during the crash, it has recovered and is currently testing the $2,700 level from below. If the market is able to reclaim this level and the 200-day moving average soon, a new bullish trend could begin. On the other hand, if it fails, the $2,400 support level will be the first target for a subsequent bearish move.
https://cryptopotato.com/ethereum-price-analysis-eth-faces-deeper-troubles-risks-falling-to-2-4k/ 0 reply
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Making it Decentralized! Kite AI launches its first AI-focused Blockchain on Avalanche
Kite AI, the decentralized AI infrastructure provider, announced on Feb 6, its first AI-focused Layer 1 sovereign blockchain built on Avalanche, the 2020 launched Blockchain platform. Currently launched in its testnet stage, it made its public testnet live on Thursday, which is Stage 1: Aero. It is set to go through subsequent stages, viz., Ozone, Strato, Voyager and Lunar – the final launch embarking its complete transition to the mainnet.
The launch is intended for providing free, transparent mechanisms for data providers, AI models and autonomous agents developers. By using Avalanche’s high scalability and 4,500+ TPS rate (Transactions per second), it will be able to process Kite AI’s heavy AI workloads.
https://coingape.com/brandtalk/pulse/making-it-decentralized-kite-ai-launches-worlds-first-ai-focused-blockchain-on-avalanche/ 0 reply
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Shiba Inu Skyrockets 847% in Burn Rate as 31,010,900 SHIB Vanishes
Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a significant increase in its burn rate in the last 24 hours and since the past week. According to the SHIB burn X's most recent update, Shiba Inu's burn rate has skyrocketed by 847% in the last 24 hours, with 31,010,900 SHIB burned in this time frame.
The figure remains higher for the week, with over 1.1 billion SHIB burned in the last seven days. According to Shibburn, 1,167,948,671 were burned since the past week, resulting in a 4,930% surge in the weekly burn rate. Contributing to the major surge in burn rate in the week was a massive 1 billion SHIB tokens burned as the Shiba Inu Core Team marked a significant milestone with the launch of the enhanced Shiba Inu Burn Portal, ShibTorch V2.
https://u.today/shiba-inu-skyrockets-847-in-burn-rate-as-31010900-shib-vanishes 0 reply
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