harecrypta
Public crypto community, more casts about crypto activities (testnets, NFT, retrodrops, tap-to-earn and etc, but you can make casts about your life (not often)
https://t.me/harecrypta_lab_ann
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Will Ether (ETH) recover ?
Crypto analyst Rekt Capital stated that the Ether ($ETH ) price could fall below $3,000.
The crypto market has witnessed a huge outflow of money in the last few days. Fed Chairman Jerome Powell's statements about interest rates and strategic Bitcoin reserves caused the crypto market, especially $BTC , to decline.
BTC, which fell below $100,000 due to the influence of the US, fell to $93,000 with a big drop. One of the cryptocurrencies most affected by this decline was Ether (ETH). The ETH price fell from $3,894 to $3,183.
According to Rekt Capital, the Ether (ETH) price may remain between two important levels in the near term as it has difficulty holding above $4,000.
ETH, after reaching a peak of $4,077 on December 6, could not hold on to this level.
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Tether Eyes AI Expansion in 2025
Tether, the issuer behind the $140 billion USDT stablecoin, is set to enter the artificial intelligence sector by early 2025. CEO Paolo Ardoino revealed plans to launch an AI platform in Q1 next year, signaling a strategic shift beyond its core focus on stablecoins.
In recent years, Tether has diversified into Bitcoin mining, energy, and commodities financing, with notable investments like Northern Data, an AI and cloud computing startup. As the company explores new horizons, it continues to report record profits, generating $5.2 billion in the first half of 2024.
This move highlights Tether’s ambition to grow beyond stablecoin dominance and tap into the rapidly evolving AI landscape. 2 replies
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