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Tag: Show

  • Global Blockchain Show and Global AI Show Premier in Dubai | by BitMedia Buzz | Apr, 2024

    Global Blockchain Show and Global AI Show Premier in Dubai | by BitMedia Buzz | Apr, 2024

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    BitMedia Buzz
    InsiderFinance Wire

    Our PR partner, yourPRstrategist, is a proud PR partner of the Global Blockchain Show and is pleased to giveaway 10 standard tickets to our community. Check out their Twitter for more details!

    For those who wish to purchase a ticket, our PR partner, yourPRstrategist is happy to offer our community a 15% discount code: ‘PRstrategist’

    Dubai, April 12, 2024 — VAP Group is pleased to announce the inaugural edition of the Global AI Show and the Global Blockchain Show, scheduled to take place on April 16 and 17, 2024, at the Grand Hyatt, Dubai.

    The Global AI Show is a power stage hosting international and regional thought leaders in the artificial intelligence and the machine learning space, while the Global Blockchain Show will bring together experts from the Web3 ecosystem to share their insights and discuss future opportunities in the rapidly evolving industry.

    A wide range of themes will be discussed at both conferences in two days. At the Global AI Show, attendees will get a glimpse into an AI-powered future with keynote speeches on sectors such as healthcare, finance, retail, oil and gas unlocking new possibilities with the help of AI. The evolution of the digital ecosystem, data protection, blockchain in finance, gaming, the metaverse, and NFTs are some of the topics that will be discussed at the Global Blockchain Show.

    Jamie Metzl, a technology and healthcare futurist, will be navigating the implications of the AI, genetics, and biotechnology revolutions. Attendees can get their copies of Hacking Darwin: Genetic Engineering and the Future of Humanity signed and also get exclusive insights from Metzl’s new book — Superconvergence: How the Genetics, Biotech, and AI Revolutions Will Transform our Lives, Work, and World.

    Dr. Divya Chander, a neuroscientist and medical futurist, will take us on a journey from brain reading to brain writing to closed-loop brain machine interface systems through her headliner at the Global AI Show. Another prominent speaker at the Global AI Show is H.E. Dr. Mohamed Al Kuwaiti, Head of Cyber Security at United Arab Emirates Government, who will present a keynote on a future with AI.

    The Global Blockchain Show will showcase the dynamic landscape of blockchain technology. Among the distinguished speakers, H.E. Justin Sun, the visionary Founder of TRON and Member of the HTX Global advisory board, will take center stage. Renowned for his groundbreaking contributions to the blockchain space, Justin Sun will grace the event with his profound insights and forward-thinking vision. Additionally, Global Blockchain Show will feature a fireside chat with Lennix Lai, Chief Commercial Officer of OKX, who will encompass the yin and yang of crypto trading. Dominic Williams, Founder & Chief Scientist of DFINITY Foundation, will discuss the decentralized cloud vision of the DFINITY blockchain.

    Furthermore, the Global AI Show and the Global Blockchain Show are thrilled to have the world’s first AI humanoid robot Sophia as their Official Ambassador. Sophia is a prime example of the wonders of artificial intelligence and robotics, converging technology with humanity. Her presence at the two events seeks to inspire attendees on the limitless possibilities of AI and web3 technologies.

    The Global AI Show and the Global Blockchain Show will feature a start-up village where start-ups and scale-ups will have the chance to power pitch their innovative ideas, technology and creations to investors, venture capitalists and big tech. A VAP Accelerator will be launched to serve as an incubator for ambitious start-ups. Meanwhile, a community stage at the Global Blockchain Show and the Global AI Show will be set up to focus on fostering inclusivity, collaboration, and engagement within the blockchain and AI community.

    An official awards ceremony will take place on April 17 at the Grand Hyatt, Dubai. The Global AI Awards and the Global Blockchain Awards seek to recognise excellence and innovation, and pay tribute to the trailblazers, innovators and guardians who tirelessly push the boundaries of possibility in the field of AI and blockchain technology.

    The Global AI Show and the Global Blockchain Show will finish with an afterparty at the luxurious White Beach at Atlantis, The Palm. Hosted by VAP Group, the afterparty provides a unique platform for industry experts and enthusiasts to mingle, exchange ideas, build valuable connections, explore potential collaborations, and unwind in a relaxed atmosphere.

    About VAP Group

    VAP Group, an industry leader with over a decade of expertise in Web3 and Blockchain solutions, continues to revolutionize the landscape of digital innovation. Established in 2013, VAP Group has consistently delivered premium services including public relations, advertising, recruitment, content development, media, and management. Led by Mr. Vishal Parmar, the Founder and Chief Executive Officer, VAP Group stands at the forefront of innovation, shaping the future of blockchain technology. Under his mentorship, the company has focused on pioneering strategies in PR marketing, influencer marketing, bounty campaigns, conferences, and campaigns, setting new benchmarks in the industry. What truly sets VAP Group apart is its dedication to creativity, uniqueness, and holistic solutions. By adopting an innovative and forward-thinking approach, VAP Group has distinguished itself as a beacon of innovation amidst the competitive landscape of blockchain consultancy.

    VAP Group is the organiser of Global Blockchain Show and Global AI Show, extraordinary platforms poised to redefine the landscape of blockchain and AI technology respectively, offering dynamic gatherings where the brightest minds converge to unlock the potential of these transformative technologies.

    For media inquiries, exclusive interviews, or press passes, please reach out to: media@globalaishow.com or media@globalblockchain.com



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  • Ethereum Show Positive Signs, Why ETH Could Outperform Bitcoin

    Ethereum Show Positive Signs, Why ETH Could Outperform Bitcoin

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    Ethereum remained stable above $4,050 against the US Dollar. ETH could gain bullish momentum once it clears the $4,325 and $4,350 resistance levels.

    • Ethereum is showing a few positive signs above the $4,200 level.
    • The price is now trading above $4,200 and the 100 hourly simple moving average.
    • There was a break above a major bearish trend line with resistance near $4,205 on the hourly chart of ETH/USD (data feed via Kraken).
    • The pair could extend gains if there is a clear break above the $4,350 resistance zone.

    Ethereum Price Is Recovering

    Ethereum remained strong above the $4,050 support level, unlike bitcoin. ETH price formed a base and started a steady recovery wave above the $4,120 resistance zone.

    There was a clear break above the $4,200 resistance zone and the 100 hourly simple moving average. Besides, there was a break above a major bearish trend line with resistance near $4,205 on the hourly chart of ETH/USD.

    The pair climbed higher above the $4,300 resistance zone and formed a high near $4,386. It is now correcting gains below the $4,300 level. There was a break below the 23.6% Fib retracement level of the upward move from the $4,026 swing low to $4,386 high.

    Ethereum Price

    Source: ETHUSD on TradingView.com

    Ether price is now trading above $4,200 and the 100 hourly simple moving average. An initial resistance on the upside is near the $4,300 level.

    The first major resistance is near the $4,350 level. A close above the $4,300 and $4,350 levels could start a fresh increase in the near term. In the stated case, the price might rise towards the $4,450 level. Any more gains could lift the price towards the $4,500 barrier in the near term.

    Fresh Drop in ETH?

    If ethereum fails to start a fresh increase above the $4,350 level, it could start a fresh decline. An initial support on the downside is near the $4,220 level. There is also a connecting bullish trend line near $4,220 on the same chart.

    The first key support is now forming near the $4,200 level. It is close to the 50% Fib retracement level of the upward move from the $4,026 swing low to $4,386 high. A downside break below the $4,200 support might push the price further lower.

    Technical Indicators

    Hourly MACDThe MACD for ETH/USD is losing pace in the bullish zone.

    Hourly RSIThe RSI for ETH/USD is now near the 50 level.

    Major Support Level – $4,200

    Major Resistance Level – $4,350

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  • Indicators Show Bitcoin Might Be Gearing Up For One Last Push Up

    Indicators Show Bitcoin Might Be Gearing Up For One Last Push Up

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    Some Bitcoin indicators show similarities between the post-ATH price action and current trend, implying that there will be one last push up before a bigger drop.

    Indicators Might Show Today’s Price Action Is Similar To That After $64.5k ATH

    As explained by a CryptoQuant analyst, there seem to be many similarities between the Bitcoin indicators of the post all-time-high (ATH) period and that of present day.

    There are three main metrics of relevance here. The first is the exchange reserve, which shows the amount of BTC currently being held on centralized exchange wallets.

    Here is how this indicator’s value has changed during the past year:

    The BTC exchange reserve after the ATH vs today

    Looking at the above graph, there does seem to be a similarity between the two periods. Both had declining prices as well as declining exchange reserves.

    Next is the estimated leverage ratio, an indicator that shows how much leverage is used by traders on average. It’s calculated by taking the open interest divided by the exchange reserve.

    The leverage ratio seems to be plunging down

    Here too a similarity can be seen as the indicator seems to have sharply dropped down during both present day and the post-ATH period.

    Related Reading | Why This Investor Fled His Bitcoin Position, Should You Do The Same?

    Finally, there is the Spent Output Profit Ratio (SOPR), which is calculated by taking the ratio of realized value (in USD) to the value of creation of a spent output.

    In simpler terms, the indicator shows whether Bitcoin wallets are selling their coins at a profit or a loss. The below chart shows the trends for this metric.

    The BTC SOPR over the past six months

    Looks like the value of the SOPR dropped down below 1 during both these periods. Such a value indicates that investors have been selling BTC at a loss (while values above 1 would imply the opposite).

    Related Reading | Bitcoin Price “Pitchfork Channel” Could Pin-Point The Last Dip Ever

    If the current trend really is similar to the post-ATH one as these indicators would seem to imply, then it means BTC’s price might move up soon and make a local peak. And just like last time, a big drop could happen after that which takes the price to lower levels. So that this uptrend could turn out to be the last move up for a while.

    BTC Price

    At the time of writing, Bitcoin’s price floats around $45.7k, down 10% in the last 7 days. Over the past month, the cryptocurrency has dropped 1% in value.

    Here is a chart showing the trend in the price of the coin over the last three months:

    Bitcoin Price Chart

    Bitcoin's price moves sideways after a big plunge downwards | Source: BTCUSD on TradingView
    Featured image from Unsplash.com, charts from TradingView.com, CryptoQuant

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