Bitcoin Price Watch; Trading Things As They Come 1138

Right now is a tough time to be a bitcoin holder. Things have been moving fast and very much in the wrong direction over the latter half of the weekend, despite some early weekend reprieve that saw a few of the majors pick up a few percentage points and stem the tide – temporarily.

As we move into a fresh week of trading, nobody really knows where price is going near term. Some analysts suggest that current levels are a major support region and, when looked at against the backdrop of a traditional technical analysis approach, this seems valid. With that said, however, traditional technical analysis was built around traditional assets, so while it can be useful, it would be foolish to assume it’s failsafe.

So, all we can do is set up against the action we are seeing and hope that things don’t play out against our bias.

With this in mind, then, here’s a look at what we’re focusing on and where we intend to jump in and out of the markets as and when things move and in whatever direction the movement comes.

As ever, take a quick look at the chart below before we get started so as to get an idea where things stand. It’s a one-minute candlestick chart and it’s got our primary range overlaid in green.

As the chart shows, the range that we are looking at for the session today comes in as defined by support to the downside at 7551 and resistance to the upside at 7710. We will look out initially for a close above resistance to validate an immediate upside target of 8000 flat.

Conversely, if we see price close below support, we’ll get in short towards a downside target of 7300.

Stops on both positions just the other side of the entries will take us out of the trades if things turn against us.

Let’s see what happens.

Charts courtesy of Trading View

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Powerful Duo Joint Hand: aelf is Pivoting to AI Blockchain by Forging Alliance with AgentLayer 1959

aelf, the high-performance Layer 1 blockchain, and AgentLayer, the world’s first decentralised network tailored for AI agents, have formed a strategic alliance to advance the integration of blockchain with artificial intelligence. Together, they aim to launch a pioneering decentralised AI infrastructure and ecosystem. This alliance plans to bring together stakeholders from across Asia — including leading researchers, startups, government bodies, and industry experts — to collaboratively develop and expand AI-enhanced blockchain infrastructure and applications through open innovation.

“This partnership goes beyond technology. It’s a commitment to creating an ecosystem where AI and blockchain coexist and thrive to deliver unprecedented solutions. By harnessing the potential of AgentLayer’s autonomous AI agents with our high-performance Layer 1 blockchain, we are setting the stage for a transformative leap in decentralised AI infrastructure,” shared Auric, Founder of aelf.

“The alliance with aelf is a strategic step towards realising our vision of a permissionless network for AI agents,” commented Prof Yang Liu, Co-founder of AgentLayer. “Leveraging the combined strengths of aelf’s blockchain expertise and our innovative AI protocol, we are gearing up to revolutionise how AI agents operate and collaborate, bringing the vision of decentralised AI to life.”

Strategic Synergy

  • Enhancing Underlying AI and Blockchain Capabilities: As AI and large language models (LLMs) grow in adoption, aelf’s AI-enhanced blockchain architecture allows AI systems to effectively use the blockchain’s computational resources, distributing and rebalancing workloads for complex computations. Integrating AI agents to automate and verify smart contracts also minimises human error and biases, leading to more reliable and equitable contracts. This innovative AI-blockchain architecture will establish a robust foundation for developing a robust suite of Layer 1 (L1) and Layer 2 (L2) projects, decentralised computing networks, and AI agents.
  • AI Innovation at Scale: AgentLayer’s AI integrated with aelf’s decentralised cloud blockchain creates a dynamic, scalable architecture for both the foundational blockchain level and the broader ecosystem. Resource allocation is optimised by analysing network data to allocate resources dynamically and pre-emptively balance loads. This enhanced AI and automation layer in blockchain management enables developers to create and deploy smarter, more efficient decentralised applications (dApps), spurring innovation across the ecosystem. aelf will introduce developer-friendly toolkits to help the community utilise these advanced technologies for data processing, model training, and monetisation within the new aelf AI-blockchain environment.
  • Decentralised Security: The new AI-blockchain architecture ensures data integrity through blockchain’s immutability, protecting data against tampering and revision. Thanks to TrustLLM, AgentLayer’s proprietary foundation model for Web3 security, and a number of state-of-the-art on-chain monitoring and vulnerability detection agents, the blockchain network benefits from optimal threat detection and response. AI agents excel in monitoring the network continuously, detecting anomalies, and pre-empting security breaches with advanced threat response capabilities, thereby safeguarding the network more effectively.
  • AI-Blockchain Ecosystem Support: aelf and AgentLayer will jointly transform AEVOLVE Labs into a pioneering decentralised AI hub for research, incubation, and acceleration to bolster the decentralised AI ecosystem. Additionally, the duo will explore a novel Initial AI Offering (IAO) model designed to facilitate the creation, distribution, and management of AI and Web3 assets securely and transparently.

The Promise of a Decentralised AI Future

The alliance between aelf and AgentLayer, aimed at developing a decentralised AI infrastructure, is set to establish new benchmarks in the AI and blockchain sectors. Together, blockchain and AI technologies can drive forward innovations that are only achievable with each operating in collaboration. This synergy not only improves performance but also opens up new avenues for advanced, decentralised applications and research networks. This pioneering initiative is expected to drive significant advancements in foundational Layer 1 and Layer 2 solutions, networks of AI computational resources and a comprehensive suite of decentralised AI agents.

Stay updated on aelf’s news and engage with the aelf community on:

Website: https://aelf.com
Telegram: https://t.me/aelfblockchain
Discord: https://discord.gg/bgysa9xjvD
For additional information on AgentLayer visit https://www.agentlayer.xyz/
Twitter: https://twitter.com/Agent_Layer

About aelf

aelf, a high-performance Layer 1 featuring multi-sidechain technology for unlimited scalability. aelf blockchain is designed to power the development of Web3 and support its continuous advancement into the future. Founded in 2017 with its global hub based in Singapore, aelf is one of the pioneers of the mainchain-sidechain architecture concept. Incorporating key foundational components, including AEDPoS, aelf’s variation of a Delegated Proof-of-Stake (DPoS) consensus protocol; parallel processing; peer-to-peer (P2P) network communication; cross-chain bridges, and a dynamic side chain indexing mechanism, aelf delivers a highly efficient, safe, and modular ecosystem with high throughput, scalability, and interoperability.

aelf facilitates the building, integrating, and deploying of smart contracts and decentralised apps (dApps) on its blockchain with its native C# software development kit (SDK) and SDKs in other languages, including Java, JS, Python, and Go. aelf’s ecosystem also houses a range of dApps to support a flourishing blockchain network. aelf is committed to fostering innovation within its ecosystem and remains dedicated to driving the development of Web3 and the adoption of blockchain technology.

About AgentLayer

AgentLayer, a pioneering protocol and public blockchain leveraging the powerful OP Stack, is designed to facilitate the coordination and collaboration of autonomous AI agents with human oversight in a permissionless, secure, and reliable manner. It stands out as the world’s first decentralized network for autonomous AI agents, leveraging a Byzantine fault-tolerant blockchain to establish a decentralized registry of AI Services, Agents and Models. Additionally, AgentLayer introduces a new AI currency ($AGENT) to fuel an innovative AI-powered Agent Economy on the L2 blockchain, enabling the minting, deployment, and swapping of AI assets on-chain.

AgentLayer’s innovative protocol not only revolutionizes the coordination of autonomous AI agents but also sets a new standard for decentralized governance in the realm of artificial intelligence. By combining cutting-edge technologies like blockchain with AI capabilities, AgentLayer paves the way for a more efficient, collaborative, and responsible ecosystem for autonomous agents.

Changelly surpasses 7 million users, celebrating its 9th anniversary 3057

Changelly, a global crypto exchange platform, marks its 9th anniversary with a new milestone of over 7 million registered users worldwide. Established in 2015, Changelly has become the leading crypto exchange platform and the trusted exchange API partner for over 500 Web3 companies.

Through precise market analysis and never-ending innovation in product development, Changelly has thrived through several crypto winters and dedicated itself to developing a sustainable and secure exchange infrastructure to simplify access to crypto. Anniversaries are the best time to reflect, so the platform has presented its key achievements and future plans for the year ahead of an even bigger landmark — its 10th anniversary.

Driving a User-Centric Narrative: Expanding the Assets and Products

‘Anything to anything’ is a concept Changelly implemented within its product portfolio, offering plenty of swapping options for all popular and trending coins, blockchains, and trading pairs. Since its previous anniversary, the platform’s listing strategy has resulted in 208 new listings, marking an impressive 130% year-on-year increase.

Security is the cornerstone of Changelly’s operations across 150 markets: the company strictly adheres to security protocols and does not store user funds. While providing ease of authentication, the exchange platform pays special attention to security checks and assists users in returning stolen funds in case of hacks and fraud.

The Changelly team prioritizes the optimization of the customer experience for its core exchange product. Its mobile app helps its users swap crypto-to-crypto and fiat-to-crypto on the go at the most competitive market rates, thanks to partnerships with over 20 crypto trading platforms.

Besides, the platform is dedicated to regular updates and enhancements to its UI/UX design, ensuring it’s user-friendly for all expertise levels: the smooth usability and onboarding experience is proven by the fact that Changelly saw a growing percentage of mature audience (50+ years old).

Overall, Changelly has grown a dedicated community by educating users with the Changelly blog that provides helpful guides, an informative Crash Course, and price predictions for over 1.5M monthly readers. Meanwhile, the dedicated 24/7 live customer support reached an average response time of less than one minute and strives to help users with every issue they may face.

Harnessing Crypto Payments and Exchange API for Global Business Growth

Building a CeDeFi ecosystem, Changelly expands its product portfolio with solutions that synergistically help businesses benefit from the advantages of Web3 and blockchain with no limits and borders.

With confident leadership in its core category, Changelly, as a provider of crypto-to-crypto and fiat-to-crypto exchange APIs, has won the trust of the crypto industry leaders — Ledger, Trezor, Exodus, Tonkeeper, Tangem, and many others. For its partners’ growth, Changelly expands the variety of available assets, improves swap pricing, and offers 0% service and flexible exchange fees.

Last year, Changelly completed its ecosystem with the merchant payment solution Changelly PAY, which offers custom crypto checkouts for 80+ crypto coins and tokens with instant settlement and flexible fee management. Among other remarkable achievements in 2023, there was a launch of the fiat on-ramp API to meet the growing market demand.

Not Afraid to Face Challenges and Level Up

Speaking of the future of Changelly, its CEO Jake Cormack comments: “Our priorities are to develop our products, list new tokens across different chains, and serve users on a global scale. We are working on expanding our presence and reaching new markets with tailored offers. From the B2B perspective, Changelly will continue to grow the partner network for the exchange APIs and focus on the merchant payment gateway, on-ramp, and off-ramp solutions.”

About Changelly

Changelly is a global crypto exchange platform serving over 7 million users worldwide. Founded in 2015 and headquartered in Hong Kong, Changelly offers safe and fast crypto-to-crypto and fiat-to-crypto exchanges of over 100,000 trading pairs with 24/7 live customer support. As a CeDeFi ecosystem, Changelly provides its B2B partners with an instant exchange API, a platform for listing, and a DEX aggregator for decentralized swaps.

SquaredFinancial trading mobile app’s enhanced version now available 3547

Industry-leading FinTech firm, SquaredFinancial, launches the latest version of its all-in-one mobile application. This next-generation platform aims at empowering investors to trade anytime, wherever they go, and offers them a client-focused seamless and cross-channel experience. The SquaredFinancial mobile app is available on Android and iOS devices, and users can download it for free on Apple Store and Google Play Store.

Since its inception in 2005 and with nearly two decades of expertise in the fintech industry, SquaredFinancial has banked on technology to offer quality service to its clients from different backgrounds. Users interested in investment and trading can utilize the latest SquaredFinancial app to access a wide range of services and products. The app’s intuitive user interface and navigation make online trading simple and accessible for the average retail investor. This comprehensive approach enables the client to manage his trading account, Visa card wallet and portfolio, and funds transfers, all in one app.

About SquaredFinancial

SquaredFinancial is a well-capitalized FinTech firm founded in 2005. It aims at becoming a one-stop shop that meets investors’ financial needs. With around two decades of experience in financial technology and trading, it offers global solutions to traders of different generations and backgrounds who are looking for an intuitive and sophisticated investment gateway. It is led by market experts and leadership veterans who share a passion for trading and a vision to reshape the industry landscape. As a regulated firm, it provides investors with an online platform backed by cutting-edge technology that offers the opportunity to trade a wide range of instruments from different asset classes. SquaredFinancial has recently launched its proprietary mobile trading app and its innovative fixed-time deposit account.

Cardano Spot & TapTools Join Hands For News & Data Sharing 3722

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Cardano Spot offers its News API to Cardano native projects for free. Meanwhile, the TapTools platform leads the data aggregation for Cardano markets.

Singapore (1st April 2024): Cardano Spot is thrilled to announce a partnership with TapTools, Cardano’s native assets data aggregator. Cardano Spot, the first Cardano Social network, strives to educate and spread awareness about the ecosystem. This collaboration focuses on bringing the latest crypto news to the community.

Enhanced Visibility

The partnership is a significant move towards fostering a better understanding of the Cardano ecosystem, using accurate data and news updates within the Cardano community. Cardano Spot and TapTools facilitate comprehensive information and data insights to empower degens.

“Cardano Spot aims to educate the community and onboard new users to the ecosystem. Our strategic partnership with TapTools will optimise our efforts to provide accurate data reporting and enhanced news articles. Our News API brings the latest updates from the Cardano blockchain and its native projects. This collaboration further complements community-generated content and brings more engagement on both platforms,” stated Anuj Chaudhary, Content Head of Cardano Spot.

“Integrating Cardano Spot’s news articles into our platform is a great step forward in spreading awareness, and we’re thankful to be working together to provide great news and updates to the community,” said James Cadena, COO & Co-Founder, TapTools.

Educational Content

The collaborative effort is to create informative content to educate the community about several aspects of Cardano’s decentralised finance (DeFi) segment. Both entities work closely with the native projects, guiding the ecosystem to the next level. TapTools has consistently demonstrated its commitment to simplifying the Cardano ecosystem, making it more accessible to users.

Mutual Collaboration

This collaboration depicts just the beginning of what promises to be a series of impactful synergies between Cardano Spot and TapTools. Both entities share a mutual goal of enriching the Cardano experience for users. Reporting on the latest developments with accurate data will help to create impactful content and research papers.

In a nutshell, the partnership between Cardano Spot and TapTools signifies a shared commitment to promoting transparency, accessibility, and education within the Cardano ecosystem. Through this collaboration, users can expect enhanced access to timely and informative content, further empowering them to engage with and understand the evolving landscape of Cardano.

About Cardano Spot

Cardano Spot is an emerging Web3 social media platform developed with the Cardano community at its core. It is a home for Cardano enthusiasts, where users can stay updated with the ecosystem. They can also grow through insights into the market and connections with the community.

About TapTools

TapTools is an all-in-one data platform for Cardano native assets. The TapTools Pro suite comes with important tools like hot wallets, wallet profiler, volume profiler pro, and distribution pro. These tools are crucial for serious investors and traders. TapTools offers personalised watchlists for tokens, wallets, and CNFTs.

For media inquiries or further information, please contact:
Mozhalova Oleksandra
PR/Marketing Manager
[email protected]

Frontier Leadership: How a Rising Layer 0 Platform, Vitreus, Revolutionizes Business with Blockchain and AI 3643

Collaborative Digital Innovations (CDI), a Florida-based Regulatory Technology (RegTech) company makes waves revealing they will be using the Vitreus platform, a budding Layer 0 blockchain, to power their flagship product, COMPLiQ. This is an incredible milestone for both parties as this relationship represents opportunities for convergence between RegTech and blockchain solutions, offering a transformative approach to Artificial Intelligence (AI) governance, compliance, and cybersecurity.

COMPLiQ: AI Governance & Compliance

COMPLiQ, developed by CDI, operates atop the Vitreus platform. This revolutionary AI Governance & Logging solution, the first of its kind, is designed to address the challenges inherent in leveraging AI technologies amidst a booming market and an evolving compliance landscape. By leveraging blockchain, COMPLiQ provides unprecedented transparency, traceability, and unity across AI systems, aligning with the stringent requirements of regulatory frameworks like the European Union’s Artificial Intelligence Act and the Securities and Exchange Commission’s (SEC) Cybersecurity Disclosure Rule. Coupled with its partner product, Intercept, these products not only introduce a way to understand your AI systems, but also enables you to rapidly note and assess materiality of traditional and non-traditional cybersecurity occurrences within your organization. Together these products represent a compounding effect of technology simplification for businesses.

In keeping with evolving compliance requirements, with CDI’s products, you stand to shield business from the mounting penalties which could reach up to 7% of global turnover for non-compliance within the EU’s landmark AI Act. Not only does CDI’s solution leverage blockchain technology to conquer distributed system harmonization, immutable logging and data collation, they also optimize a niche within the current technology market.

Vitreus: The Foundation for Next-Gen Technology

Vitreus emerges as a Layer 0 blockchain platform designed to support and cultivate progressive technology solutions in fields such as Industry 4.0, AI, Cybersecurity & Identity. As a new platform, Vitreus offers significant cost opportunities for emerging technologies, providing a cost-effective, secure by design, and reliable decentralized computing network. As seen by CDI’s product suite, Vitreus is more than just a smart contract or finance ledger. This distributed ledger technology stands to be a real-world technology platform, designed to integrate with and handle the complexity of transitions from the old to the new. While still nascent, yet available, the Vitreus ecosystem is poised to challenge the norms of blockchain platforms, geared not just towards finance, but also towards compliance, security and other progressive technologies.

Vitreus’ architecture supports the concept of Parallel Chains, introduced by Polkadot in 2017, to support the holistic compartmentalization of functions and features within a distributed computing environment. Not only is Vitreus highly scalable, it also supports entirely sovereign entities with its shared security model, allowing progressive builders to leverage the platform with their own solutions, catalyzing growth with this symbiotic relationship. Vitreus also introduces a unique dual asset system that powers the ecosystem in a manner that is not only user and business friendly, but also opens the door for cost savings and compliance adherence.

A Partnership Poised to Transform the Digital Landscape

The partnership between CDI and Vitreus marks a significant milestone in the integration of traditional software development with blockchain’s value additions and opportunities. This collaboration addresses the urgent need for securing business keen on leveraging AI/ML models against increasing threats and regulations, and paves the way for cost-efficient, transparent, and compliant deployment of AI technologies across complex system disparity.

As rules for AI get more complex, platforms like COMPLiQ and Vitreus become essential. They help organizations follow these rules while making the most of AI and blockchain technologies. These platforms provide a key benefit for businesses that want to meet regulatory demands and use AI’s groundbreaking potential.

Organizations looking to dive into blockchain through Vitreus, or simplify AI projects and cybersecurity reports, will find the CDI-Vitreus partnership very helpful. Learn how these platforms can boost your business in today’s digital and regulatory landscape by checking out their websites.

zkLink Nova Unifies Liquidity On-Chain with Token Merge Event 3781

zkLink Nova (“Nova”), the first aggregated Layer 3 (L3) ZK-Rollup network with EVM-compatibility, today announced the consolidation of stablecoins and wBTC into single tokens on Nova, enhancing liquidity within the Nova ecosystem, aimed at creating the largest liquidity pool across all Layer 2 (L2) and Layer 3 networks. The announcement follows shortly after Nova’s mainnet launch and is the next milestone in zkLink’s mission to resolve the issue of liquidity fragmentation across L2 networks.

Currently, Nova has achieved asset aggregation, allowing users to deposit native assets from various L2 networks onto Nova for cross-chain asset trading. However, having the same assets from these networks shown as different tokens on Nova (i.e. USDC.arbi, USDC.Linea, etc.) can hinder users’ trading experience. As such, Nova has deployed “MergeToken” smart contracts to consolidate assets of the same value from different chains on Nova into a single token (e.g. USDC.arbi, USDC.Linea merge into USDC). The first tokens to merge are stablecoins USDC, USDT, DAI; followed by wBTC and other tokens upon projects’ requests.

The token merge process will be managed by a prestigious governance committee of 12 prominent projects and institutions including Wintermute, Particle Network, Skynet Trading, Flowtraders, Ascensive Assets, Republic Crypto, Efficient Frontier, SIG, USDV, Layer Bank, Redstone Oracles and Manta Network. This committee will review and approve or deny the proposals to merge additional tokens into Nova’s L3 infrastructure—decentralizing decision making and preventing autonomous control.

“We’re setting the precedent for a practice that we hope more projects will adopt to make the web3 trading environment friendlier. Support from the governance committee underscores token merge’s legitimate potential to unlock new DeFi use cases.” said Vince Yang, CEO and co-founder of zkLink. “Our liquidity pool from MergeToken provides the industry’s most flexible, secure resource that cuts the frustration of fragmented stablecoin transfers, especially useful as more RWAs & LRTs go on-chain.”

MergeToken allows zkLink developers to deploy dApps that take full advantage of consolidated liquidity for tokens of the same value, expanding the kinds of use cases projects can offer and fosters more growth to encourage cross-chain user interaction. Nova will serve as the network on which assets of the same value can be combined into a single token—boosting liquidity of the Nova network as well as overall L2 ecosystem.

When users deposit into MergeToken smart contracts, users will gain the equivalent value of unified tokens. On the other hand, unified tokens deposited into the same contract will be burned and the user will receive the original source tokens of the same value.

MergeToken contracts are upgradable to meet new token unification requirements given Nova’s expansion in connecting different networks. Through voting on a multi-sig safe wallet, the governance committee approves the upgrade to add or remove tokens on the MergeToken contract. To prevent the risk from malicious upgrading, the contract will follow a multi-party signature requiring 2/3 vote for passage moving forward.

About zkLink

Dedicated to unifying liquidity and scaling the Ethereum ecosystem, zkLink is pioneering Aggregated Rollup solutions to bridge the ecosystem siloes within the blockchain space. By facilitating a more interconnected, efficient, and accessible digital asset environment, zkLink is driving forward the vision of a unified and decentralized blockchain ecosystem without boundaries.

About zkLink Nova

zkLink Nova is the pioneering Aggregated Layer 3 Rollup zkEVM network that brings unprecedented liquidity and asset aggregation to Ethereum and its Layer 2 Rollups. Built with ZK Stack and zkLink Nexus, it leverages ZK Proofs to enhance scalability and security. Developers enjoy an open platform for deploying Solidity smart contracts and instantly tapping into integrated networks like Arbitrum and zkSync. Nova simplifies DeFi by presenting a unified ecosystem for users and DApps, promoting a seamless blockchain experience.