Friday, April 19, 2024
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AI and dot-com bubble share some similarities but differ where it counts

Artificial intelligence (AI) has seen tremendous growth in recent years, exploding into popular culture and industry and leading to comparisons with the now infamous dot-com bubble and crash of the 1990s.During the late 1990s up until the early 2000s, internet-based companies were the subject of massive hype and investment, with

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3 Bitcoin price metrics showing ‘insane’ similarities to 2020 breakout

Bitcoin (BTC) is copying the prelude to its 2020 breakout to an “insane” extent, the co-founders of Glassnode have said.In a tweet on June 15, Yann Allemann and Jan Happel highlighted three BTC price metrics which are anything but bearish.Metrics echo Bitcoin's "major reversals and rallies"BTC/USD reached local highs of

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Bitcoin on-chain data highlights key similarities between the 2019 and 2023 BTC price rally

Bitcoin’s (BTC) recent price rally from $16,500 to $25,000 can be attributed to a short squeeze in the futures market and recent macroeconomic improvements. However, while prices increased, data suggests that many interested buyers (including whales) were left on the sidelines. The recent rally to $25,000 shared many similarities with the

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3 striking similarities with past Bitcoin price bottoms — But there’s a catch

Bitcoin (BTC) has been consolidating inside the $18,000-$20,000 price range since mid-June, pausing a strong bear market that began after the price peaked at $69,000 in November 2021.Many analysts have looked at Bitcoin's sideways trend as a sign of a potential market bottom, drawing comparisons from the cryptocurrency's previous bear

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The Eerie Similarities of Today’s Great Monetary Shift and the Panic-Led Creation of the Federal Reserve System – Featured Bitcoin News

While many Americans believe the U.S. Federal Reserve is the caretaker of the country’s monetary system, its also believed to be one of the worst financial institutions ever created. In 2022, amid a gloomy economy, war, and a number of global crises, the possibility of a great monetary shift has

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