The shift in AI chip dominance to Huawei may accelerate China&#8217;s tech self- 
sufficiency, impacting global AI market dynamics and supply chains.
The post Nvidia concedes China&#8217;s AI chip market to Huawei amid export 
restrictions appeared first on Crypto Briefing.

The shift in AI chip dominance to Huawei may accelerate China&#8217;s tech self- sufficiency, impacting global AI market dynamics and supply chains. The post Nvidia concedes China&#8217;s AI chip market to Huawei amid export restrictions appeared first on Crypto Briefing.

Nvidia concedes China’s AI chip market to Huawei amid export restrictions

Bitcoin price started a recovery wave above the $76,800 zone. BTC is 
consolidating and might aim for more gains if it clears the $78,300 resistance 
zone. Bitcoin managed to form a base above $76,000 and started a recovery 
wave. The price is trading above $77,200 and the 100 hourly simple moving 
average. There was a break above a bearish trend line with resistance at 
$77,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The 
pair might gain bullish momentum if it settles above the $79,000 zone. Bitcoin 
Price Eyes Fresh Upside Break Bitcoin price remained supported above the 
$76,000 zone. BTC formed a base and settled above $76,500 to start a recovery 
wave. There was a move above the $76,650 and $77,000 levels. The bulls were 
able to push the price above the 23.6% Fib retracement level of the downward 
move from the $82,017 swing high to the $76,020 low. Besides, there was a 
break above a bearish trend line with resistance at $77,200 on the hourly 
chart of the BTC/USD pair. Bitcoin is now trading above $77,500 and the 100 
hourly simple moving average. If the price remains stable above $77,500, it 
could attempt a fresh increase. Immediate resistance is near the $78,300 
level. The first key resistance is near the $79,000 level or the 50% Fib 
retracement level of the downward move from the $82,017 swing high to the 
$76,020 low. A close above the $79,000 resistance might send the price further 
higher. In the stated case, the price could rise and test the $80,500 
resistance. Any more gains might send the price toward the $81,500 level. The 
next barrier for the bulls could be $82,000. Another Decline In BTC? If 
Bitcoin fails to rise above the $79,000 resistance zone, it could start 
another decline. Immediate support is near the $77,200 level. The first major 
support is near the $76,500 level. The next support is now near the $76,000 
zone. Any more losses might send the price toward the $75,000 support in the 
near term. The main support now sits at $73,500, below which BTC might 
struggle to recover in the near term. Technical indicators: Hourly MACD – The 
MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength 
Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – 
$76,500, followed by $76,000. Major Resistance Levels – $78,300 and $79,000.

Bitcoin price started a recovery wave above the $76,800 zone. BTC is consolidating and might aim for more gains if it clears the $78,300 resistance zone. Bitcoin managed to form a base above $76,000 and started a recovery wave. The price is trading above $77,200 and the 100 hourly simple moving average. There was a &#8230;

Bitcoin Price Bounce Weakens, Downside Risks Begin Rising Again

AI&#8217;s rapid advancement could reshape job markets, prompting economic shifts 
and necessitating new workforce strategies to mitigate impacts.
The post One in five US jobs faces high risk of AI automation, OpenAI finds 
appeared first on Crypto Briefing.

AI&#8217;s rapid advancement could reshape job markets, prompting economic shifts and necessitating new workforce strategies to mitigate impacts. The post One in five US jobs faces high risk of AI automation, OpenAI finds appeared first on Crypto Briefing.

One in five US jobs faces high risk of AI automation, OpenAI finds

OpenAI&#8217;s IPO could reshape AI investment dynamics, intensifying competition 
and boosting infrastructure demand, impacting tech giants and investors.
The post OpenAI aims for speedy IPO amid competitive landscape appeared first 
on Crypto Briefing.

OpenAI&#8217;s IPO could reshape AI investment dynamics, intensifying competition and boosting infrastructure demand, impacting tech giants and investors. The post OpenAI aims for speedy IPO amid competitive landscape appeared first on Crypto Briefing.

OpenAI aims for speedy IPO amid competitive landscape

The case underscores the need for stricter crypto regulations and 
transparency, highlighting vulnerabilities in insider trading prevention.
The post Jane Street allegedly used insider info to profit from UST collapse 
appeared first on Crypto Briefing.

The case underscores the need for stricter crypto regulations and transparency, highlighting vulnerabilities in insider trading prevention. The post Jane Street allegedly used insider info to profit from UST collapse appeared first on Crypto Briefing.

Jane Street allegedly used insider info to profit from UST collapse

The US&#8217;s aggressive crypto asset freezes highlight the growing role of digital 
currencies in geopolitical strategies and sanctions enforcement.
The post US targets Iran&#8217;s $7.7B in cryptocurrency, freezes $500M in assets 
appeared first on Crypto Briefing.

The US&#8217;s aggressive crypto asset freezes highlight the growing role of digital currencies in geopolitical strategies and sanctions enforcement. The post US targets Iran&#8217;s $7.7B in cryptocurrency, freezes $500M in assets appeared first on Crypto Briefing.

Nvidia concedes China’s AI chip market to Huawei amid export restrictions

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