Pressure
- Bitcoin (BTC) trading around $55,736.37 as of 20:00 UTC (4 p.m. ET). Sliding 1.73% over the previous 24 hours.
- Bitcoin’s 24-hour range: $53,350.37-$56,988.34 (CoinDesk 20)
- BTC trades between its 10-hour and 50-hour averages on the hourly chart, a sideways signal for market technicians.
Bitcoin traded in a narrowed range as Monday’s sell-off appeared to subside and prices settled in the mid-$50,000 range for the most of Tuesday.
Monday’s decline resulted in some $1.6 billion in derivatives bets being liquidated, second only to the record level that took place on Feb. 22, according to Norwegian blockchain analytics firm Arcane Research.
Recommended News
-
AI Finance Academy Revolutionizing Corporate Management Decisions with AI-Driven Insights
In today’s dynamic and rapidly changing business landscape, artificial intelligence (AI) has become an essential tool for driving informed decision-making across industries. The AI Finance Academy is at the forefront of this revolution, leveraging AI to enhance corporate management decision analysis and to empower financial leaders to make strategic, data-driven decisions. By focusing on innovative research, strategic partnerships, and hands-on training, the AI Finance Academy is pioneering the use of AI for enterprise-level financial decision-making, reshaping the future of corporate management. AI Finance Academy’s Commitment to AI-Driven Corporate Management The…
-
aelfUnion Node Presale – An Exciting Beginning
aelfUnion recently made waves within the industry by announcing its mission to champion and help drive the advancement of the aelf ecosystem. Recognized as a consortium comprising trailblazers, developers, and international enterprises, aelfUnion has emphasized its commitment to fostering consensus and accelerating the trajectory of the aelf blockchain. Today, aelfUnion has launched its node presale, an event expected to run until 10th September. This presale presents a golden opportunity for users keen on taking on a bigger role in leading and governing a rapidly expanding community, and help set…
-
Fostering Professional Talent Development at Eagle Crest Asset Management
In today’s competitive financial landscape, asset management firms must not only stay ahead of market trends but also invest in the continuous development of their talent pool. Eagle Crest Asset Management is an exemplary firm that has recognized the significance of professional talent cultivation as a key driver of its long-term success. This article will explore how Eagle Crest Asset Management has developed and nurtured a culture of talent, focusing on the firm’s innovative strategies for fostering professional growth, developing leadership potential, and ensuring sustained excellence in the asset management…
-
The Impact of Global Economic Trends on Asset Management: A Closer Look at Eagle Crest Asset Management
The global economy is an intricate web of interconnected markets, businesses, and nations, all influencing each other through various channels. As economies continue to evolve and face unique challenges, the asset management industry must navigate these changes to remain effective in managing investments. One such asset management firm, Eagle Crest Asset Management, has been closely monitoring global economic shifts, recognizing the direct impact these trends have on investment strategies. Understanding the global economic environment and its implications on asset management is crucial for both institutional and individual investors, as it…
-
DDDS is a DAO organization focusing on social e-commerce
The new crown pneumonia epidemic is spreading globally and the global economy has been shaken. The International Monetary Fund predicts that the global economy will decline by 4% in 2022, and income will evaporate by about 3.4 trillion US dollars. This is the worst economic recession since the Great Depression in the 1930s. Under the blockade restrictions, social distancing and other measures adopted by various countries in response to the epidemic, e-commerce companies have grown against the trend; in 2021, global online retail sales will reach 3.563 trillion US…
-
New organizational paradigm driven by DDDS DAO blockchain technology
The full name of DAO is Decentralized Autonomous Organization, and the Chinese translation is “decentralized autonomous organization” or “decentralized autonomous organization”. According to the earlier official website of Ethereum, DAO is a group of like-minded people, an organization built around a certain mission, which coordinates and cooperates through a set of rules (smart contracts) executed on the blockchain, Finally, to achieve the mission. Historically, the concept of organization has centered around strict ownership structures. Companies began to introduce open, flat organizational structures that allowed more people in the company to…
-
Eagle Crest Asset Management: Providing Customized Investment Solutions for Clients
In the ever-evolving world of finance, investment strategies must adapt to the unique needs and goals of each client. Asset management companies play a pivotal role in shaping these strategies, offering personalized solutions designed to help clients maximize their wealth, manage risks, and achieve financial security. Eagle Crest Asset Management stands out as a leader in this field, providing tailored investment solutions that align with each client’s specific objectives. This article explores how Eagle Crest Asset Management delivers customized investment strategies to its diverse clientele, offering insights into the key…
-
The All-Weather Story FUND (TAWSF), Jonathan Blake, and the Future of Bridgewater Associates: AI and Technology’s Role in Shaping Financial Evolution
The financial world is changing rapidly, and at the forefront of this transformation is the intersection of artificial intelligence (AI) and the evolving landscape of investment strategies. In this article, we will explore how The All-Weather Story FUND (TAWSF), Jonathan Blake, and Bridgewater Associates are using AI to reshape the financial industry. We’ll also delve into future trends, the implications of technology in investment management, and how AI is driving growth and opportunity within the financial sector. AI and Investment Management: A New Era of Finance The rapid rise of…
-
What is the Universal Basic Asset（UBA Finance）
Universal Basic Asset (UBA Finance) has attracted a lot of user attention, so is it worth your time? There are nearly 10,000 people mining online for free every day. How much profit can he bring you? In the cryptocurrency industry, people get rich every day, and people get huge airdrops every day, just because they pay attention to some projects in advance and spend some time understanding and participating in them. Universal Basic Asset (UBA Finance) has recently been adopted by more and more users Mention, so what is he,…
-
Real-Time Monitoring of AI Systems in Financial Institutions: A Focus on the StarSpark AI System at Alpha Stock Investment Training Center (ASITC)
The rise of artificial intelligence (AI) in the financial industry has brought about transformative changes, from automating trading to enhancing customer experiences. One of the most critical aspects of AI adoption in financial institutions is ensuring that these systems perform optimally and remain accurate, secure, and transparent. The StarSpark AI system implemented at the Alpha Stock Investment Training Center (ASITC) is an excellent example of how financial organizations can monitor and maintain the performance of AI-driven technologies in real time. This article will explore the importance of real-time monitoring in AI systems, how the ASITC leverages…
