Man Group PLC : Form 8.3 – Dowlais Group plc
Year: 2025
What Next For Bitcoin as BTC RSI Flashes Oversold Signal?
The post What Next For Bitcoin as BTC RSI Flashes Oversold Signal? appeared com. This is a technical analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole. A key technical indicator is flashing a signal that marked the slowdown in the bitcoin BTC$90. 470, 56 downtrend in February. BTC’s price fell below $90, 000 early Tuesday, down 28% from the record high of over $126,000 reached early last month. With that the 14-day relative strength index (RSI) a widely followed measure of price momentum has dipped below 30, signaling an oversold condition. This means BTC’s ongoing slide has been sharp enough to invite a pause or a potential rebound. But an oversold RSI should never be taken at face value. The indicator can remain in this territory far longer than buyers can hold their ground. Many experienced traders view an oversold RSI as a sign of strong downward momentum, rather than an immediate reversal of the trend. What really matters is whether the price action confirms the signal. Traders, therefore, should look for emerging support levels or candlestick patterns, such as Doji or candles with long lower wicks, that suggest selling pressure is easing. If those appear, they would validate the oversold RSI and lay the groundwork for a bounce. The last time RSI dived below 30 in late February, bitcoin was trading under $80,000. That marked a slowdown in the downtrend, followed by a bottom near $75,000 in early April. Traders would be wise to watch closely for signs of a similar move now. BTC’s daily chart. (TradingView) Because the RSI is so widely tracked by traders, this signal can sometimes become a self-fulfilling prophecy, where collective trading actions based on the indicator amplify its effect. Source:.
Glassnode and Swissblock Release Bitcoin Vector Report
Glassnode, in collaboration with Swissblock and Willy Woo, presents the Bitcoin Vector #30, offering insights into Bitcoin, Ethereum, and DeFi markets. (Read More).
Key Insights From David Liberman
The post Key Insights From David Liberman appeared com. Gonka is redefining decentralized infrastructure by optimizing computational power for AI model training and inference. Unlike traditional centralized cloud providers-often costly, monopolistic, and prone to censorship-Gonka offers a scalable and efficient alternative that channels nearly 100% of its computing resources into meaningful AI tasks. Recently, David Liberman, co-founder of Gonka, joined BeInCrypto for an AMA session to discuss how the platform’s novel consensus mechanism transforms Proof-of-Work into a productive system for AI computation. During the session, David explored why compute power is becoming the new currency, how Gonka bridges the gap between AI and decentralization, and what gives the project the potential to outperform tech giants like AWS, Google, and OpenAI. In this article, we’ll recap the key takeaways from the AMA and unpack how Gonka is pioneering a new era for decentralized AI infrastructure. BeInCrypto: So, for everyone just joining today we’re talking about Gonka, the decentralized AI compute protocol that’s taking on centralized giants and redefining Proof-of-Work for the AI era. So David, let’s start with the big one you’ve said that Gonka is not a company, not a startup, and not even a platform, but rather a network and a protocol. Can you explain what that means in practice? How does Gonka actually function without a traditional team or ownership structure? David Liberman: In practice, everything is governed by consensus of the protocol; there is no foundation or any org controlling the protocol. Miners with their vote control the network. Bitcoin is a great example, how protocols can be governed without traditional structures We’re based in the U. S., where regulators are quite clear that you shouldn’t raise funds to build protocols. Otherwise, the coins are considered securities. We know that many projects outside the U. S. don’t follow those rules, but in our case, we wanted.
Treasury market urged to beef up operational resilience plans
Treasury market urged to beef up operational resilience plans
How to create agents that people actually want to use
Ryan welcomes Assaf Elovic, head of AI at monday. com, to discuss creating AI tools that users will actually adopt, how they created their Monday Sidekick agent with the user experience in mind, and the opportunities that AI creates for better productivity and more efficiency.
The amount of mined Bitcoin in circulation has reached 95% with approximately a century of issuance remaining
The post The amount of mined Bitcoin in circulation has reached 95% with approximately a century of issuance remaining appeared com. Mined Bitcoin in circulation has reached 95% with approximately a century of issuance remaining, further strengthening its long-term scarcity principle. Glassnode data shows that 19. 949 million of the 21 million total BTC lifetime supply have already been mined, leaving approximately 1. 051 million BTC to be issued until 2138. Glassnode noted that the milestone emphasizes Bitcoin’s gradual tightening of supply, which makes the token more valuable as halving events slow down issuance. The crypto research platform stated that this moment marks Bitcoin’s transition from a rapidly expanding cryptocurrency to a mature, scarcity-anchored currency network. According to Glassnode, Bitcoin is now expanding at a much slower rate than gold, as annual inflation falls towards 0. 8%. Bitcoiners reportedly view this moment as a turning point, where scarcity becomes a real force in market behavior, rather than just an abstract concept. Bitcoin’s maximum supply edges closer to fulfillment The supply architecture is almost fully realized since the first Bitcoin was mined in 2009, according to Glassnode. And the Bitcoin network remains governed by the same rules 16 years later. At a glance, Clark Moody data shows that Bitcoin’s circulating supply is 19, 949, 776 BTC out of the maximum supply of 21, 000, 000 BTC. Approximately 1, 049, 996 BTC are yet to be issued, while 230. 09 BTC are deemed unspendable. Meanwhile, future issuance is expected to be increasingly slower as block rewards were slashed after the April halving to 3. 125 BTC. The block rewards are expected to dwindle until the last coin is created. According to the Clark Moody dashboard, future BTC supply is expected to hit 99% on January 7, 2035. The total mined supply is projected to reach 99. 9% by November 5, 2047, and the final full BTC token is expected to be issued on August 16, 2104. All coins will be issued by July 20, 2138.
Maryland grandparents allegedly shot dead by close business associate outraged over money dispute while on phone with 911
Maryland grandparents allegedly shot dead by close business associate outraged over money dispute while on phone with 911
5 best GPUs to get on Newegg this Black Friday
Newegg is rolling out impressive deals on GPUs for this year’s Black Friday sale. The lineup includes a selection of graphics cards that offer excellent value thanks to massive discounts.
Hamas rejects UN Gaza resolution, says international force would become party to conflict
Nov 18 (Reuters) Hamas rejected the United Nations Security Council passing a U. S.-drafted resolution endorsing U. S. President Donald Trump’s Gaza plan, saying it fails to meet Palestinians’ rights and demands and seeks to impose an international trusteeship on the enclave that Palestinians and resistance factions oppose. “Assigning the international force with tasks and roles inside the Gaza Strip, including disarming the resistance, strips it of its neutrality, and turns it into a party to the conflict in favor of the occupation,” the group added.