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These two Black Swan events have set Bitcoin for a parabolic shift

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Currently, Bitcoin (BTC) is aiming to reclaim the $35,000 mark, a significant resistance level for the maiden cryptocurrency. Analysts argue that maintaining sustained gains above this position could pave the way for further advances. Amid the short-term price gains, a section of the market believes that Bitcoin is poised for another significant price correction before rallying.  However, on November 4, a crypto trader and analyst known by the X (formerly Twitter) pseudonym Thescalpingpro observed that the likelihood of Bitcoin correcting is impossible, as the triggers for lower price levels have already occurred. From Thescalpingpro’s perspective, Bitcoin is on track for a parabolic shift following two significant ‘Black Swan’ event s – the coronavirus crash and the recent FTX collapse. He pointed out that Bitcoin’s gradual recovery since the FTX incident has set the stage for a potential surge in value. Bitcoin price analysis chart. Source: Thescalping...

University students reveal new Web3 solutions at ETHDenver 2023

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Students showcased new Web3 solutions focused on enabling better user experience, privacy and security at ETHDenver 2023. Thousands of attendees recently gathered at Denver’s National Western Complex for ETHDenver 2023 to learn about the current and future cryptocurrency ecosystem.  John Paller, founder and executive steward of ETHDenver, told Cointelegraph that 15,000 ticketholders attendedr ETHDenver’s main event. While ETHDenver attracted a diverse crowd, many students from leading universities attended the event, showcasing new solutions to advance the crypto and Web3 sector. Devs focus on UX, security and privacy Gil Rosen, president of the Stanford Blockchain Accelerator — a program that connects Stanford University students and alumni founders in the Blockchain space — told Cointelegraph that he believes current Web3 Technology platforms are generally non-performant. “These platforms often lack privacy preservation, are extremely challenging to develop on (especially complex...