Dow Jones today: Major stock indices fall at the beginning of the week; stocks linked to artificial intelligence continue to pressure the Nasdaq.
The major stock indices reversed their initial gains and declined on Monday, with stocks linked to artificial intelligence putting pressure on the Nasdaq again, at the start of the last full trading week of the year.
On Friday, the three major stock indices fell, with technology stocks remaining under pressure due to fears of an artificial intelligence bubble.
Investors will be attentive to various important economic data this week. The Federal Reserve linked the interest rate cut last Wednesday to concerns about the growing fragility of the labor market, and this scenario will become a bit clearer when the Department of Labor Statistics releases the employment data for November tomorrow.
Busy market! The signal for a rise to $SAPIEN can be canceled in a few hours. We still have significant support representing the hope that we do not go down.
Do not be optimistic until you lose all your money.
This is not a warning, but I say that after the support breaks, the probability of seeing $BNB drop to $840 is higher. When this happens, buying opportunities will increase.
NEAR Protocol ($NEAR ) is a blockchain focused on smart contracts for DApps with cross-chain interoperability. It uses sharding to increase throughput and scalability.
NEAR was developed to simplify the use of blockchain. Two of its main innovations - Chain Abstraction and NEAR Intents - make Web3 invisible to users while unlocking powerful functionalities for developers and AI agents.
Chain Abstraction allows users and developers to interact with multiple blockchains - Ethereum, Bitcoin, Solana, Zcash, and others - using a single NEAR account. NEAR Intents enable users and agents to express what they want to do - such as swapping tokens or buying an item - without needing to manually execute the action.
What is NEAR Protocol for? It is used to create and execute decentralized applications (dApps) quickly, securely, and at low cost, using blockchain technology.
In practice: 1. Create decentralized applications (DApps) 2. Offer fast and cheap transactions 3. Make life easier for developers 4. Security and decentralization
Its token is used for transaction fees, storage, staking rewards, and ecosystem governance. It has great potential, increasing the likelihood of appreciating in value in the coming years.
Beautiful supports have been formed that I call significant supports, they increase the probability of seeing the $SAPIEN rise in value. The resistances are good, but if they are broken, the probability will be much greater.
Non-speculative optimism comes from technical and fundamental analysis.
This is a chart of the cryptocurrency $DASH , we can see that the trend is downward, all attempts at correction have been interrupted by the breakdown of the support levels formed. If we look at the resistances we can clearly see that Dash tends downward, the buying opportunities increase as it goes down, but purchases should not be made speculatively.
Where the optimism of seeing $DASH appreciate lies is in its potential or the problem it solves in the real world. Know that it offers a form of payment that is anonymous, portable, cheap, and fast, its focus is the payment industry.
The AI sector is experiencing a sharp decline again this Friday, this time led by Broadcom.
Broadcom's shares plummeted on Friday, despite quarterly results exceeding analysts' estimates due to strong demand for artificial intelligence. Other AI hardware stocks also fell along with Broadcom, widening losses on Thursday amid concerns about an AI bubble.
Why this is important for investors The artificial intelligence boom has driven much of the stock market growth in recent years, but many stocks in the sector have recently suffered declines amid concerns about a potential bubble. Broadcom's drop on Friday — even after a solid financial result — could be interpreted as a sign of weakening support for the sector.
For some optimistic investors regarding AI, Friday's correction may seem like a buying opportunity on the dip.
Knowing about a crypto before investing in it is very essential to reduce the risk of losing everything. We know that the crypto market is very volatile, but each crypto has its levels of volatility.
I want to talk about the cryptocurrency $SOL .
SOL is the native cryptocurrency of Solana. It uses the SPL protocol, which is the token standard of Solana (analogous to Ethereum's ERC-20 standard). The Solana network burns SOL as part of its deflationary model. The SOL coin has two main uses:
👉Payment of transaction fees incurred when using the network or smart contracts. 👉Staking coins as part of the PoS consensus mechanism.
Staking SOL: SOL holders can stake their coins on the Solana network using compatible wallets like Phantom. They delegate their SOL to validators, who are responsible for processing transactions. When these validators perform well, they receive rewards and share a portion with those who staked. This system incentivizes both validators and delegators to contribute to the security and proper functioning of the network. You can also stake SOL through Binance using BNSOL, which allows you to continue earning rewards while maintaining the liquidity of your assets.
The Solana ecosystem has grown significantly since its launch in 2020, at the beginning of this year it registered more than 4 million active wallets and thousands of developers on the network. It has become preferred due to fast transactions and high processing capacity; in Web3, it is used for various use cases such as:
✅DeFi ✅Payments ✅Games and entertainment ✅Non-fungible tokens (NFTs) ✅Decentralized Physical Infrastructure Networks (DePIN)
#BNSOL Its ability to solve a real-world problem has made it increasingly popular.
In 24 hours, $SOL had the third highest volume, being below $ETH and $BTC , the maximum value is $137.77 and a minimum of $129. Now let's analyze the 1-day chart.
After the bullish session, we had a decline, as you can see the downward trend line, but I want to show the breakout of this line which indicates a possible correction, two supports that I consider important were also formed, they increase the probability of us seeing the price rise.
Bill Gates warned on Wednesday that the AI industry will be "hyper-competitive" and that "a reasonable percentage" of today's expensive tech stocks will lose a lot of their value. The massive investments from large tech companies in data centers have fueled concerns about an AI bubble and pressured the sector's stocks in November.
The legendary Bill leaves a warning for AI investors: not everyone can be winners. Not all of these valuations will go up. Some will fall, competition will be fierce, a considerable percentage of these companies will not be worth much.
Only those who have their stocks well coordinated will remain strong.
Web3 protocols are the fundamental technologies and standards that enable the creation, operation, and interaction of decentralized applications and services (DApps) on the blockchain. These protocols form the backbone of the Web3 ecosystem, a new iteration of the web that emphasizes decentralization, privacy, and user sovereignty.
Key Features and Functionalities of Web3 Protocols:
Decentralization: Web3 protocols operate on a decentralized network of computers or nodes, eliminating the need for central authorities or intermediaries.
Smart contracts: Many Web3 protocols support smart contracts, which are self-executing contracts with the terms of the agreement written directly into the code. Smart contracts automate transactions and enforce agreements without the need for intermediaries, enabling trustless interactions.
Interoperability: Some Web3 protocols are designed to allow interoperability between different blockchain networks, enabling communication and asset exchange in an integrated manner across various ecosystems.
Privacy and security: Web3 protocols often incorporate advanced cryptographic techniques to protect data and transactions on the network.
Tokenization: Tokenization is a common feature in Web3 protocols, allowing the digital representation of assets on the blockchain. This includes cryptocurrencies, utility tokens, and non-fungible tokens (NFTs), which can represent property rights or access within the Web3 ecosystem.
Consensus mechanisms: Web3 protocols utilize various consensus mechanisms (such as Proof of Work, Proof of Stake, and others) to validate transactions and secure the network. These mechanisms ensure that all participants agree on the state of the blockchain without the need for a central authority.
After a bullish session, $ZEC has been trying to correct the price, but is always being rejected by short-term traders; this attempt shows that a possible correction may occur in the future. Today we reached $449.99, but unfortunately, the supports that would have been significant were broken, thus increasing the likelihood of a price drop, but that does not mean it is all over, because when there is depreciation in the market, buying opportunities increase.
Let us await the signal for today’s correction. Stay informed.
Every investor needs to have knowledge about the asset they wish to invest in.
Read a little about the role of $BTC in Web3.
First, we need to understand what Web3 is. Web3 refers to the next generation of the internet, characterized by decentralized applications (dApps), Blockchain technology, and a focus on user privacy and control. Unlike Web 2.0, dominated by centralized platforms and data silos, Web3 aims to empower users and create a more open and transparent digital ecosystem.
THE ROLE OF BTC IN WEB3
Bitcoin is fundamental to Web3 as it is a decentralized cryptocurrency that promotes transparency, security, and user autonomy. Its blockchain technology allows for direct transactions without intermediaries, aligning with the principles of Web3. Moreover, its limited supply makes it an attractive store of value, strengthening its adoption and driving innovation in the Web3 ecosystem.
The integration between Bitcoin and Web3 is transforming the digital environment by driving DeFi, NFTs, and DAOs, changing the way value is created, exchanged, and governed. Bitcoin, as the digital gold standard, strengthens financial sovereignty and digital ownership, while blockchain technology promotes transparency and security, also impacting sectors beyond finance.
This year Ethereum reached $4800, we had a liquidity up to 2k, if we draw a downtrend line it will be broken, this indicates a signal of a possible correction. The correction can happen at any moment, but if you don't have a goal, nothing will be achieved.
Stablecoins are an attempt to create a cryptocurrency token with a stable price. This stability is usually achieved by pegging the token to an asset, such as gold or fiat currency.
WHAT IS A STABLECOIN?
A stablecoin is a type of cryptocurrency created to maintain a stable value, typically linked to a real asset, such as the dollar (USD), euro, gold, or even other cryptocurrencies.
Unlike Bitcoin or Ethereum, which fluctuate significantly, stablecoins serve to reduce volatility in the crypto market.
HOW DOES IT WORK?
It maintains a stable price through a backing or control mechanism.
Main stablecoins.
1-Fiat-backed stablecoin: each coin is backed by real money held in reserve.
Stablecoins are an attempt to create a cryptocurrency token with a stable price. This stability is generally achieved by tying the token to an asset, such as gold or fiat currency.
WHAT IS A STABLECOIN?
A stablecoin is a type of cryptocurrency created to maintain a stable value, typically linked to a real asset, such as the dollar (USD), euro, gold, or even other cryptocurrencies.
Unlike Bitcoin or Ethereum, which fluctuate significantly, stablecoins serve to reduce volatility in the crypto market.
HOW DOES IT WORK?
It maintains a stable price through a backing or control mechanism.
Main stablecoins.
1-Fiat-backed stablecoin: each coin is backed by real money held in reserve.
The day is almost over, the price of $BTC is going up and down all the time, this means that there is no dominant force, both bears and bulls do not dominate the market. There is no sign of a downward or upward trend.
In this case, it is most sensible to stick to your plan firmly and not let yourself be carried away by emotions.
Green day for $BTC ,$BNB e $ETH . Speaking of BNB it had dropped to $886 after reaching $928, the cycle is the same the price goes down and then up, those who have a strategic plan profit if you don't have one I recommend you get one.