Gate News: Latest Crypto News and Cryptocurrency Prices

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2024-11-25

07:45

$ELF price pump52.37%, aelf has reached cooperation with multiple AI platforms to build a comprehensive AI ecosystem gate News: The OG AI project aelf (ELF) recently announced that it has partnered with Aethir, EMC, Gaia, Nuklai, NetMind.AI, and NAWS.AI to expand the $ELF integration and build a comprehensive AI ecosystem. As a result, $ELF has surged over 50%. gate data shows that the price of $ELF has pumped 52.37% in the past 24 hours, with the current price at $0.6928, a market cap of $519.14M, and 24-hour trading volume of $333.69K.

ELF24.39%

OG0.77%

ATH-3.67%

EMC-5.01%

10:23

EMC Labs: $64,000-$66,000 is considered a key level to judge whether the market can break through the previous high.

The latest report from EMC Labs shows that BTC has remained stable overall after the Fed's interest rate cut, and may enter the second half of the Bull Market. BTC has broken through multiple moving averages and needs to break through the downward trend line in the short term. ETF and Stable Coin saw a net inflow of 931 million US dollars this week, and supply analysis shows a long entry phenomenon. The EMC BTC Cycle Metrics indicator is 0.25, and the Bull Market signal needs further activation.

EMC-5.01%

BTC-0.24%

10:34

EMC Labs BTC Weekly Observation (8.5~8.11): Depth adjustment brings in bottom-fishing funds, BTC holds steady in the high-range oscillation zone

The drop this week once again broke through the 200-day moving average of BTC, but also attracted a large amount of bottom-fishing funds. It is believed that BTC is still in a high-level oscillation zone and is accumulating power for the Bull Market in the next year.

EMC-5.01%

BTC-0.24%

10:33

EMC Labs BTC Weekly Review (7.29~8.4): Japan's interest rate hike combined with doubts about US recession, without reducing the bottom color of this bull market.

The recent 30% decline in the past 8 days is directly related to Japan's interest rate hike, deleveraging, and concerns about the US recession. After further liquidation and consolidation, it will free up better space for the second half of the bull market.

EMC-5.01%

BTC-0.24%

2024-06-25

03:58

EMC Labs: Medium-term adjustment may have ended, BTC rebounds at $58400.

According to EMC Labs, a research institution for encrypted assets, BTC fell to $58,400 yesterday and tested the lower edge of the new high adjustment box. The effective increase in trading volume reflects that a large amount of funds have taken over the selling pressure in the $58,000 to $60,000 range. EMC Labs believes that the mid-term adjustment of BTC has ended, and the market will rebound at $58,400. At the same time, 9% of the top 500 currencies have started rebounding, and the future is worth following.

EMC-5.01%

BTC-0.24%

EMC Labs: $64,000-$66,000 is considered a key level to judge whether the market can break through the previous high.

EMC Labs BTC Weekly Observation (8.5~8.11): Depth adjustment brings in bottom-fishing funds, BTC holds steady in the high-range oscillation zone

EMC Labs BTC Weekly Review (7.29~8.4): Japan's interest rate hike combined with doubts about US recession, without reducing the bottom color of this bull market.

EMC Labs: Medium-term adjustment may have ended, BTC rebounds at $58400.

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