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Bitcoin News: Bitcoin (BTC), the world’s largest digital asset is on an upward run amid the ongoing banking collapse. Bitcoin price recorded a surge of 20% over the last 30 days to regain the vital $28K level. However, an analysis of Tether’s (USDT) market behavior suggests that the BTC price might be at risk of a major pullback.
Bitcoin Price On The Edge?
According to Doctor Profit, a crypto market analyst implied that the more the Tether prints USDT more it will impact Bitcoin price. He highlighted that in the period when USDT’s market cap touched its all time high (ATH) of $83.5 billion, BTC price went on to dump from $40K to $20K straight.
However, USDT’s market cap now stands at $79 billion while Bitcoin is hovering around $28K. The analyst added as long as Tether’s printing continues, more BTC price will pump. Once this process halts, Bitcoin will witness a healthy accumulation as it happened when the largest crypto was trading between $19K-$21K region about two months ago.
Also Read: Bitcoin (BTC) Liquidity Hits 10-Month Low, Expect More Volatility Ahead
Analyst stated that Bitcoin price jump from $16k to $21k was a kind of a healthy pump and the rest is just a trap. He added that the recent pump was not a reaction of people fleeing banks and buying more BTC. He added that being bullish is the biggest danger here, even if Bitcoin price breaches $30K in some time, the price dump will be huge and fast.Read More Bitcoin News Here…
Bitcoin price is marginally down over the past 24 hours. It is trading at an average price of $27,908, at the press time. Its 24 hour trading volume is down by 4% to stand at $14.2 billion.
Also Read: Credit Suisse Largest Shareholder Chief Calls Quit After Sparking A Debacle
The post Bitcoin Price At Risk Of Major Pullback; Banking Crisis Not Helping BTC? appeared first on CoinGape.
]]>Dogecoin Daddy Elon Musk’s 24/7 Work Schedule Not Helping DOGE Boom CoinChapter
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Artificial Intelligence is no longer something that is strictly reserved for movie screens and science fiction novels. In today’s world, AI and machine learning technologies are utilized in a vast array of applications across a multitude of industries, driving real change and helping businesses optimize their operations. As a result, the AI market is expected to contribute a staggering $15.7 trillion to the global economy by 2030.
One of the industries currently benefiting from AI’s rapid development is the web accessibility sector. In the past, web accessibility has been a large source of frustration for companies and website owners looking to improve the usability of their digital content. Most of the time, achieving full accessibility meant hiring specialized web developers who would manually remediate new and existing content line-by-line. Of course, this is an expense that most SMB’s cannot afford.
Consequently, many business owners overlook the importance of web accessibility, which impacts a significant portion of their user base and exposes them to a high level of risk, namely in the form of accessibility lawsuits.
What is web accessibility?
Web accessibility is the inclusive practice of ensuring that all digital content, whether it be blogs, videos, images, files, or audio, are free from barriers that prevent users with disabilities from navigating the site. Web content should be compatible with assistive technologies, such as screen readers, and sites should be fully navigable via keyboard. However, there is far more to accessibility than merely these two factors.
WCAG 2.1 is the universally acknowledged set of guidelines that provides advice on how website owners may create a fully accessible site. Perceivable, operable, understandable, and robust are the four main criteria for defining online accessibility in this comprehensive document. A company may violate the Americans with Disabilities Act (ADA), a civil rights statute forbidding discrimination on the basis of disability if it is unable to comply with any of these standards.
The impact of AI on web accessibility
A study conducted in 2020 found that 98% of the world’s top one million websites reported accessibility failures, likely due to the complexity involved with maintaining compliance across all digital mediums. Fortunately, AI-based solutions are proving to be a game-changer when it comes to improving the accessibility of digital content, which is welcome news to business owners that have been struggling to gain compliance with the WCAG and ADA. On that note, let’s take a look at some primary use cases of AI in the web accessibility sector.
Automated scanners
Part of the problem with web accessibility is that most business owners are blissfully unaware that their site is not accessible. That being said, if you don’t know you have an issue, it’s not very likely that you are going to fix it. Thanks to advancements in AI, website owners can now use automated accessibility scanners, such as accessScan, to quickly learn whether their site is accessible and compliant with legislation.
AI-powered overlays
Rather than relying on web developers to manually remediate the code on your website to make it accessible, there are now a host of AI-powered solutions that automatically scan, diagnose, and rectify accessibility errors for you. All you need to do is install a plug-in, and the overlay will do the heavy lifting without changing your source code.
Automated captioning
Automated Speech Recognition (ASR) algorithms are helping users who are deaf and hard of hearing to interact with video content. Thanks to these solutions, content creators do not need to input captions manually themselves. Instead, ASR services will automatically input captions without the need for user input. Furthermore, ASR solutions can caption video content in real-time, making live streams available to those with disabilities.
Why is web accessibility so significant?
Web accessibility lawsuits are rising year on year, with 2021 breaking the record for the most digital accessibility lawsuits. Thus, operating with an inaccessible website means your business will be at an increased risk of being on the receiving end of one of these lawsuits, which can be extremely costly.
Aside from the legal threat, the World Health Organization estimated that over 15% of the global population suffers from some form of disability. As a result, business owners are making a big mistake by neglecting users with disabilities since they will inadvertently exclude a significant portion of the user market from interacting with their brand.
Fortunately, AI technology offers new solutions that can help website owners improve the accessibility of their sites, opening up their services to people of all ability levels. As these technologies improve, we can only hope that the internet will eventually become fully accessible to all users.
The post 3 Ways AI Technology is Helping to Improve Web Accessibility appeared first on .
Original Source: https://www.analyticsinsight.net/3-ways-ai-technology-is-helping-to-improve-web-acces…
Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.
The ongoing crisis between Russia and Ukraine may just be bringing out the best in Bitcoin. According to Bloomber strategist Mike McGlone, the conflict may mark another step in Bitcoin’s journey to becoming the primary digital store of value globally.
Bitcoin is benefiting from a spike in the price of crude
Bloomberg’s chief commodity strategist, Mike McGlone, has long maintained that Bitcoin is on its way to becoming the “global digital collateral.” In a tweet today, he noted that surging oil prices caused by the Russia-Ukraine conflict is likely to speed up the process.
This is because rising energy prices are a strong reminder of the need for embracing technology. He supports the argument with a chart that shows that amidst the surge in the price of crude oil, Bitcoin and bonds have been rising as well.
The #RussiaUkraine conflict may mark another step in #Bitcoin‘s maturation toward becoming the global digital collateral. Spiking energy prices are a reminder of the benefits of embracing technology, and North America achieving the status of net fossil-fuel exporter. pic.twitter.com/UWA2BnMgmw
— Mike McGlone (@mikemcglone11) March 3, 2022
The price of crude has continued to surge since the conflict broke out as markets have feared supply shortages of Russian crude oil. The global benchmark, Brent Crude, has reached a high of $117.3 per barrel, up 4.32% on the day.
McGlone has previously noted that the Russian invasion of Ukraine may have marked “the inflection point in bitcoin’s transition toward global digital collateral in a world going that way.” While risk assets are subject to the contraction of the US stock market, Bitcoin was showing “divergent strength,” he said at the time.
The market strategist is also very bullish for Bitcoin, predicting that the market-leading crypto is set to reach a price of $100,000 as its next significant level.
Bitcoin adoption increasing globally
As McGlone expects, mainstream acceptance of Bitcoin has been rising in recent times. Both Russia and Ukraine have shown a marked increase in Bitcoin transactions as citizens look to get their money out of traditional financial mediums.
More regulators across the world, including several states in the US, as well as countries like Brazil, Mexico, and Tonga are also looking to recognize Bitcoin legally or even make it legal tender this year. Regardless, the price of Bitcoin has continued to show volatility in the short term. Bitcoin is currently trading at around $43,300, down -3.53% in the last 24 hours.
Disclaimer
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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Popular meme coin Dogecoin is working towards moving to a proof of stake mechanism and it is getting help from some heavy hitters in the industry. The digital asset had grown to a holder base of 4 million holders and an all-time high of $0.8. However, since then it has been a case of constant downtrend with devs upping utility for the token to keep it going.
Buterin Supports Dogecoin Proof Of Stake
In a recent podcast episode of UpOnly, Ethereum founder Vitalik Buterin shared thoughts around the meme coin and what he was doing to help guide it in this new direction. It will not be the first time that Buterin will be showing support for the meme coin but is actually the first time that he has talked about getting involved in the project. Additionally, he confirms that Dogecoin is indeed moving to the proof of work mechanism.
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The founder had pointed towards the official roadmap of the meme coin which had first made mention of the move to proof of stake. There has not been much said about this part of the roadmap since then until Buterin made mention of it on the podcast.
The founder whose own project is gearing up to complete the move to proof of stake explained that this was an inevitable destination for most projects. It is a mechanism that gives holders more power over what happens with a crypto project by enabling everybody to take a part in it, he said.
Buterin supports Dogecoin by being an advisor on the Dogecoin Foundation which was announced last year. He has previously stated in the past that he hopes the meme coin eventually moves to proof of stake consensus mechanism and it looks like this will be happening.
Doge On The Charts
Dogecoin is still trending low in terms of price. The meme coin which had started gaining popularity last year has been unable to replicate the surge that sent it towards a new all-time high. It is still not close to its price point at the same time last year, but it had declined significantly from its May 2021 peak.
Doge loses over 60% of all-time high | Source: DOGEUSD on TradingView.com
Most of the downtrend can be attributed to the die down of the hype surrounding the coin. After the digital asset had gotten close to the $1 price mark, investors who had not gotten in early had to look elsewhere for an asset that could provide the same kind of returns. Thus, investors had begun to leave Dogecoin for other alternatives like Shiba Inu that were still cheap at the time.
Related Reading | FTX Beats Out Shiba Inu To Become New Ethereum Whale Favorite
The price of Dogecoin is now $0.14, trending at an 8-month low.
Featured image from Crypto News, chart from TradingView.com