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LITECOIN PRICE ANALYSIS & PREDICTION (April 12) LTC Finds Support But Yet To Regain Strength Due To Low … – NullTX

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Litecoin showed sign of strength yesterday but the price seems to be down today following 2% drops overnight. However, it has found support daily but the volume is not strong enough activate a buy.

Starting this month on a weak note due to the recent bearish sentiment in the market, Litecoin witnessed a notable reduction and later found support above $93. Following a slight increase, it encountered resistance again and rolled back to the mentioned price level.

On Wednesday, the price bounced again and closed with a bullish pin bar, leading to yesterdays notable increase. Unfortunately, the bulls are yet to reiterate actions today as the price remains calm on the daily chart.

Technically, the asset has undergone re-accumulation phase and its now looking set to continue its swing high with the recent bullish candle formation. But as it stands now, trading volume level is low from the bulls sides to activate a buy.

While that support level continued to hold as monthly lows, we can expect LTC to resume its bullish pattern: higher highs and higher lows movement, as seen in the daily price chart. If that happens, it may create a new resistance at around $130.

Losing this monthly low on the other hand could result into a more drag downs before increasing. Regardless of the above, the trend remains bullish on a mid-term perspective.

Having found a solid support level, we can expect a buy to $105.7 and $109.8. Increasing above the $113 and $115 resistance levels could trigger a breakout of structure from a mid-term perspective.

In the opposite direction, the $88 level is the next support to watch if the price dips below the holding $93.1 support. Far below this level lies $81.

Key Resistance Levels: $105.7, $109.8, $115

Key Support Levels: $93.1, $88, $81

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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LITECOIN PRICE ANALYSIS & PREDICTION (April 12) LTC Finds Support But Yet To Regain Strength Due To Low ... - NullTX

Bitcoin Halving: A History of Economics Shift & Financial Independence – Crypto Times

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Bitcoin Halving, a much-anticipated event in the crypto ecosystem, is being monitored closely by crypto enthusiasts across the globe as the price of the super volatile currency Bitcoin (BTC) is expected to set new benchmarks.

A short history of halving has shown us that the price of BTC and other cryptocurrencies have grown exponentially in a short time post the halving event. Trade analysts say that the halving events have the potential to disrupt markets, surge or plunge digital currencies and bring a shift in the economics of the crypto ecosystem.

In this article, we look at the history of halving and how the events unfolded to take BTC to newer heights through bullish sentiments and innovations.

Halving is a programmed event where the reward for mining BTC gets slashed by 50% for every new block created by the miners. As per the algorithm developed by makers of BTC and blockchain technology, a total of 21 million BTCs could ever be generated and the fee for generating BTCs and creating blocks gets reduced by %)% every time a total of 2,10,000 blocks are formed, which usually takes four years. Such a mechanism was introduced to remain intact the scarce value of BTC through controlled demand and supply.

Since its launch in 2009, Bitcoin has experienced three halving events, occurring approximately every four years. The first was in 2012, followed by 2016, 2020, and the upcoming in 2024.

The first Bitcoin halving took place after the network had confirmed 210,000 blocks, resulting in miners rewards being reduced from 50 to 25 BTC per block. At the moment of the halving, Bitcoin was priced at approximately $12 in the market. Following the halving, a bullish trend emerged, propelling Bitcoins price to $1,000 by the subsequent year.

The second Bitcoin halving occurred on July 9, 2016, at block 420,000, reducing the block reward to 12.5 BTC, coinciding with a market price of around $650. Following this event, Bitcoin witnessed another significant surge in value, with its price soaring to almost $20,000 within the subsequent 18 months, marking an extraordinary increase of 3,000%.

Following the third Bitcoin halving on May 11, 2020, occurring at block 630,000 and reducing the block reward to 6.25 BTC, the cryptocurrency demonstrated remarkable resilience amidst global economic uncertainty, with its price experiencing a surge. By April 2021, Bitcoin surpassed $69,000, reflecting an impressive 690% increase from its pre-halving value, which was approximately $9,000.

The upcoming fourth halving of Bitcoin is expected to occur on 19th April 2024, marked by the 840,000th block and a reward reduced to 3.125 BTC. At the current trading price of approximately $70,000, there is anticipation for a substantial surge in value post-halving.

Although the exact price surge is challenging to predict, historical patterns suggest a significant upward momentum, potentially propelling Bitcoin to new highs, with projections ranging from surpassing $100,000 to reaching $200,000 in the subsequent years, fueled by increasing institutional adoption and mainstream acceptance.

Based on the historical data available, there appears to be a diminishing rate of increase in Bitcoins price following each halving event, with the growth rate reducing by a factor of approximately 3.5 to 3.9 compared to the previous halving cycle.

Applying this observed pattern, one might infer that for the 2024 halving, Bitcoins price could potentially experience an uptick of around 200% from its trough.

However, its essential to recognize that past performance is not indicative of future results, and various factors can influence Bitcoins price dynamics, including market sentiment, adoption trends, regulatory developments, and macroeconomic conditions.

Presently, the circulating supply of Bitcoins exceeds 19 million, leaving less than 2 million BTC to be mined before reaching the maximum cap of 21 million. Nevertheless, due to the mechanism of Bitcoin halving, the process of mining these remaining 2 million Bitcoins will extend over approximately a century.

The final Bitcoin halving is projected to occur in the year 2140, coinciding with the completion of the mining of the entire 21 million BTC supply.

As we near Bitcoins fourth halving, the crypto community is on the edge, eagerly waiting for the changes it will bring. With each halving, Bitcoin solidifies its status as the digital equivalent of gold, its limited supply mirroring that of precious metals.

History shows us that after these events, Bitcoin often experiences dramatic price increases, challenging traditional market rules. But beyond its financial gains, Bitcoin represents something more profound: a decentralized ideal, offering financial freedom in an uncertain world.

As we look ahead to the post-2024 halving landscape, one thing is clear: Bitcoins story is just beginning. Its a testament to human innovation, a revolutionary force capable of reshaping economies, empowering individuals, and transforming our understanding of money itself.

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Bitcoin Halving: A History of Economics Shift & Financial Independence - Crypto Times

ChatGPT Predicts Ethereum Price Post-ETH ETF Approval – Watcher Guru

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With the Bitcoin ETF witnessing a huge surge in inflows, driving the assets price to a new all-time high, the anticipation surrounding an Ethereum ETF has reached fever pitch.

The price of Ethereum (ETH) has significantly increased due to the growing buzz around a potential Ethereum ETF, increasing institutional investments, and community support. Bulls have managed to push the ETH price towards the $4,000 mark, setting a new 52-week high and signaling a strong bullish sentiment in the market.

Also read: Shiba Inu: Machine Learning AI Predicts SHIBs Price for March 31

We shared the weekly ETH price chart with ChatGPT to gain further insight into the potential impact of an Ethereum ETF on the assets price. Based on its analysis of the recent price action and utilizing Fibonacci retracement levels, ChatGPT predicts that Ethereum could surge to new heights, reaching a target of $6,835 amidst the growing enthusiasm surrounding the ETF launch.

The AI model further suggests that beyond this initial target, Ethereum may face psychological barriers at the $7,000 and $8,000 levels. However, with the increasing institutional interest and the potential influx of capital from the ETF, Ethereum could be well-positioned to overcome these obstacles and establish new all-time highs.

Also read: Shiba Inu vs. Dogecoin: ChatGPT Predicts If SHIB Can Outperform DOGE

As the cryptocurrency market eagerly awaits the launch of an Ethereum ETF, the road ahead for the second-largest cryptocurrency appears promising. The growing institutional adoption, combined with the assets strong fundamentals and the robustness of the Ethereum ecosystem, has created fertile ground for significant price appreciation.

As Ethereum stands on the cusp of a potential ETF launch, the cryptocurrency market is abuzz with excitement and anticipation. With bulls driving the ETH price towards $4,000 and ChatGPT predicting even higher targets, the future looks bright for Ethereum and its investors.

Also read: Cryptocurrency: Top 3 Coins Under $1 To Buy Before Bitcoin Halving

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ChatGPT Predicts Ethereum Price Post-ETH ETF Approval - Watcher Guru

Genome-wide association study identifies human genetic variants associated with fatal outcome from Lassa fever – Nature.com

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Genome-wide association study identifies human genetic variants associated with fatal outcome from Lassa fever - Nature.com

Amazon Discounts Apple AirTags; UK PM Impersonated on Social Media; Tech Giants Make Waves at CES 2024 – BNN Breaking

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Amazon Discounts Apple AirTags; UK PM Impersonated on Social Media; Tech Giants Make Waves at CES 2024

In a notable move, Amazon is currently offering a substantial deal on a four-pack of Apple AirTags, marking a 10 percent discount on the original price of $99. This offer is fortified by an additional $10 coupon, which further slashes the price down to a mere $79. These AirTags, slightly larger than a quarter, are designed with precision, aiding Apple device owners in keeping track of their possessions effortlessly.

These Bluetooth trackers, a product of Apples innovation, operate in coordination with Apples Find My network, providing location information rapidly and efficiently. They do not require charging, boasting a life span of about a year before the battery necessitates replacing. Capable of tracking up to 32 items, AirTags carry an IP67 rating, ensuring robust resistance against water and dust.

In a startling revelation, a communications firm recently uncovered 143 different ads impersonating the UK Prime Minister on social media in the previous month. This raises serious questions about the security measures in place on these platforms.

The tech landscape continues to evolve, with the new Vision Pro headset requiring a Face ID scan to ensure a precise band fit. Pre-orders for this tech marvel commence on January 19. Meanwhile, the focus at CES 2024 saw giants like Nvidia, LG, Sony, and Samsung making significant announcements, reshaping the technological future.

Adding to the tech narrative, Microsoft momentarily overtook Apple as the most valuable company, sparking a wave of discussions about their investments and advancements in AI. This event also shed light on the implications of the declining iPhone demand in China.

On the international front, a historic decision unfolded in Victoria as Robert Farquharson, convicted of murdering his three young sons in 2005, was stripped of the right to his childrens gravesite. Concurrently, Ukrainian Air Force spokesperson Yuriy Ihnat made a statement on national television regarding President Volodymyr Zelenskyys claim about the destruction of 26 Russian helicopters and 12 planes.

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Amazon Discounts Apple AirTags; UK PM Impersonated on Social Media; Tech Giants Make Waves at CES 2024 - BNN Breaking

Don’t knock the economic value of majoring in the liberal arts | Brookings – Brookings Institution

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For years, economists and more than a few worried parents have argued over whether a liberal arts degree is worth the price. The debate now seems to be over, and the answer is 'no.'

Can we please lighten up on knocking the value of a liberal arts education? With a recent spate of bad press for liberal arts departments on university campuses, many commentators conclude that the writing is on the wall. When it comes to economics, I argue the liberal arts still belong on college campuses: The liberal arts pay.

There are many reasons to be legitimately concerned about the direction the humanities and other liberal arts have taken in recent decades. Course enrollments and declared majors have plummeted across many disciplines since the pandemic, ranging from history to foreign language. This is the continuation of a decades-old pattern: According to the American Academy of Arts and Sciences Humanities Project, the share of humanities degrees out of all bachelors degrees peaked in 1967 at 17.2% and by 2018 had fallen to 4.4%.

Research universities also continue to turn out humanities doctorates for whom job prospects are bleak. Liberal arts colleges have been at risk for decades.

Despite arguments that a liberal arts education may be exactly the right preparation for a world in which routine tasks are taken over by AI, students are apparently not yet persuaded. Thus, humanities departments in colleges face very real budget pressures, including sometimes the risk of being eliminated. Indeed, West Virginia University is eliminating all foreign language degrees, and the University of Nebraska at Kearney has also proposed cutting its theater and philosophy programs.

I suspect that part of the political push to eliminate the humanities, especially from off-campus sources, is connected to the myth that the price of college has skyrocketed. In fact, the real price of college attendance has been falling modestly in recent years. Consequently, the share of undergraduates taking out student loans and the loan values are also down slightly.

Since Im an economist, in what follows Im going to stick to earnings numbers. But I also recognize there is more to a career than earnings. The American Academy of Arts and Sciences reports that responses to the statement I am deeply interested in the work I do are about the same for majors in the arts, humanities, engineering, and social sciences, although responses were a little higher in education and the natural sciences. And for a good reminder that careers are not all there is to life, see this article by a former poet laureate of Mississippi who writes, Students who master written and spoken communication can change the world.

Angst notwithstanding, here are two facts that are both true:

Heres a picture that illustrates why both are true.

Using data from the American Community Survey (ACS) collected between 2017 and 2021, Ive looked at graduates falling into one of four categories: education ended with a high school diploma, education ended with an associate degree, education ended with a bachelors degree in a liberal arts field, and education ended with a bachelors degree in a field other than liberal arts. Using the categories provided in the ACS, Ive defined liberal arts majors as Area, Ethnic, and Civilization Studies, Linguistics and Foreign Languages, English Language, Literature, and Composition, Liberal Arts and Humanities, Fine Arts, and History. Everything else Im categorizing as not liberal arts. The figure above gives average annual wage and salary income for each kind of degree. (The latest data is for 2021, so all the figures are in 2021 dollars. The sample is for ages 23 through 65. For a similar analysis with slightly older data but a broader listing of majors, see The College Payoff.)

For fact number one, compare the dark blue liberal arts bachelors bar to the orange bar for other majors. The latter is considerably higher. On average, people with a liberal arts degree earned only $50,000 a year while those with other degrees earned $65,000. Thats a big difference. (Median earnings are lower than average earnings of course, but the gap isnt much different$37,000 versus $50,000.)

For fact number two, compare the dark blue liberal arts bar to the light blue bar for those earning only a high school diploma. The liberal arts bar is much highergetting a liberal arts degree is a good investment compared to not going to college at all. On average, the liberal arts degree led to a $50,000 annual income compared to $28,000 for those stopping at the end of high school. (Median earnings are $37,000 versus $21,000 for high school only.) A $12,000 annual difference in earnings will, over a lifetime, more than pay for a college education. Suppose one worked for 35 years after graduation. The lifetime difference would be $420,000 (ignoring inflation). That way, way more than makes up the cost of tuition plus and foregone earnings from a student not working while in college. Unsurprisingly, pay associated with an associate degree falls in between what liberal arts bachelors degrees earn and what one gets with a high school diploma. Its worth noting that employment rates in the data also follow a similar pattern: strongest for non-liberal-arts bachelors holders (81.9%), followed by liberal arts bachelors holders (78.5%), then associate degree holders (77%), then high school graduates only (64.4%).

An important part of the story is that right out of college, liberal arts majors do not earn much more than high school graduates, though this understates earnings potential over the long term. Earnings for all college graduates rise rapidly after graduation and continue to rise for decades. In contrast, the age-earnings profile of high school graduates is relatively flat. One hidden advantage of majoring in non-STEM fields is that students learn general skills that last a lifetime, where the specific skills in more technical subjects often have a shorter shelf life and differences between majors eventually narrow later down the career path.

The picture above shows average earnings for holders of each credential across different survey respondents ages; this provides a plausible pathway for earnings over the course of ones career (though its possible nobodys career path looks exactly like this). At age 22, the liberal arts line is not much higher than either the high school or associate degree lines. But the liberal arts bachelors line rises very rapidlymuch more so than is true for either high school graduates or those whove earned an associate degree. You can also see that graduates with bachelors degrees outside the liberal arts do begin their careers earning noticeably more than either liberal arts majors or high school graduates, and the gap grows over time. For example, at age 50, the average earnings with a liberal arts degree are $67,000 a year. Thats not as good as a non-liberal arts degree at $81,000, but its quite a bit better than an associate degree at $49,000 or a high school diploma at $33,000.

One hopes that students go to college for more than just the financial value of the degreenot just for their own sake but also because society needs a citizenry equipped to think broadly. But that hope aside, liberal arts degrees do pay. They dont pay as well as other college degrees, but they do pay and policymakers need to be clear-eyed about that before running roughshod across humanities departments. The humanities are indeed in trouble, but its silly to say that a liberal arts degree is not worth the price.

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Don't knock the economic value of majoring in the liberal arts | Brookings - Brookings Institution