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The cryptocurrency community witnessed one of its most volatile and challenging weeks in recent history. Bitcoin, for example, went from $100,000 last Saturday to over $108,000 by Tuesday to reach a new record but then dumped by $16,000 to a multi-week low of $92,000 after the Fed’s hawkish comments for 2025. It has recovered about seven grand since then and is now close to $100,000 once again. Aside from causing billions of dollars worth of liquidations from over-leveraged traders, these enhanced fluctuations played with a lot of people’s emotions, with many speculating whether the bull cycle has ended. The Fear and Greed Index, a metric showing the overall sentiment in the crypto market toward BTC and the altcoins, went from deep ‘extreme greed’ of 87 down to just ‘greed’ – 73 in a couple of days. Such large differences only go to show the emotional part of the ever-volatile crypto market. Zooming out a bit, though, and it’s about perspective. Fear and Greed 7-Day. Source: Alternative.me The Emotional Part It’s obvious that we cannot exclude emotions from anything; otherwise, we wouldn’t be humans. The financial markets are no different, especially crypto, due to its substantial price fluctuations. One cannot just shut down their emotions when they see their portfolio going up and especially down by double-digits within a day or two. Julian Hosp, Bake’s CEO, outlined the importance of emotions but also perspective in a recent X post during the correction. He believes the most vital part of people’s perspective is the direction and not the actual numbers. “Here’s the crazy thing about crypto: It doesn’t matter if Bitcoin is at 30k, 60k, or 100k – it’s all about the direction. Price goes up? Everyone’s euphoric: 90k to 100k? Amazing. 108k to 100k? Disaster. Same price, totally different vibes.” Let’s analyze what happens during those massive green or red candle periods. When BTC’s price surges toward a new all-time high, euphoria kicks in. Remember what happened back in 2021? Bitcoin jumped toward $70,000, and people put laser eyes on X (then Twitter) as they were focused on its price going to $100,000. And what happened next – BTC dumped and went into a year-long bear market. Fear dominated during that dark period, especially when previous industry giants like FTX and Celsius went bust. The landscape changed once again in 2023 when BlackRock filed for a spot in Bitcoin ETF, which essentially guaranteed that the US SEC would finally greenlight such products. The same happened when Donald Trump, who made numerous pro-crypto promises during his campaign, won the elections, and BTC started pumping. The asset indeed went into six-digit territory, and the aforementioned euphoria started to kick in. People celebrated when it hit $100,000, but it then tapped $108,000 and went back to $100,000 – this time, the overall sentiment was not all that bullish, even though it seemed impossible just two years ago to be at this level. Mirror of Emotions Hosp concluded that the crypto market is a “mirror of emotions: greed, feat, hope – it’s all about the feeling of where the market is heading.” He noted that the ultimate utility is the price itself, and rationality goes away when that price and trends “dominate over facts.” He added that large green candles “generate more hype than any actual numbers ever could.” We know it’s impossible to leave emotions at the door when dealing with finances, especially crypto. However, one should zoom out during such violent corrections as the one from this week and look at the bigger picture – is your portfolio better now than it was a few months/years ago? If yes, then keep calm and keep doing what you have been doing. If not, then you need to analyze what went wrong and how you can improve. The post Is Crypto the Ultimate Mirror of Emotions Like Greed, Fear, and Hope? appeared first on CryptoPotato .
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On-Chain Analysis Empowers Investors to Predict Bitcoin Price Movements
On-chain data helps predict Bitcoin`s price movements effectively. Key metrics indicate a significant bull market potential by late 2025. Continue Reading: On-Chain Analysis Empowers Investors to Predict Bitcoin Price Movements The post On-Chain Analysis Empowers Investors to Predict Bitcoin Price Movements appeared first on COINTURK NEWS . Crypto Potato
![[21 Dec 2024, Dubai] – Cluster Protocol , a forward-thinking player in the decentralized AI space, is thrilled to announce that it has successfully secured seed and strategic investment funding. Led by Pivot Ventures , with participation from Maven Capital , Mapleblock , and a host of seasoned angel investors such as Ryan Horn (Binance), Tal Cohen (Kraken), Sanders Gortjes (Hello Labs), Jeff Nowak (Maven Capital), Amit Patel (Fusion 7), Nelson Paul (Tezos), Marcello Mari (SingularityDAO), Vijay Praveen (BitsCrunch), Ashish Sood (Polytrade), Tomer Nuni (Kima Network), Vijay Garg (Mapleblock), Sundeep Krishna (Trustswap), Anshul Dhir (Pivot), and more, this funding marks an important step toward creating a more accessible, open, and collaborative AI future. Breaking Down Barriers in AI Cluster Protocol’s vision goes beyond simply building another AI platform. It’s about empowering everyone, technical or not, to participate in the evolution of AI. By streamlining the creation, training, and execution of AI agents, the platform erases complexity and gives a wider range of people the tools they need to get involved. What Makes Cluster Protocol Different? Privacy & Security First: Using advanced techniques like Fully Homomorphic Encryption and Federated Learning, Cluster Protocol protects sensitive data while still making it useful. This ensures that data privacy remains a top priority, even as the platform encourages global collaboration. Truly Decentralized AI: Instead of keeping all resources in one place, Cluster Protocol relies on a decentralized network of datasets and computational resources. This approach makes high-quality, industrial-grade compute power accessible to everyone, not just big players. Fair & Transparent Access to Compute: A unique “Proof of Aggregated Compute” mechanism keeps the system honest and efficient. This ensures GPU providers can offer their resources at competitive rates while users can trust the process every step of the way. Simple Agent Creation: With its “Cluster Agents Arena,” the platform offers a virtual sandbox where anyone can quickly build, test, and launch AI agents. This lowers the barrier to entry and helps spark creativity. A Vision for Growth and Collaboration “Our platform is designed to make building and hosting AI agents straightforward,” said Yatharth Jain ( https://x.com/depindaddy ), Co-Founder of Cluster Protocol . “We bring together compute power from all over the world at unbeatable prices, providing a foundation of integrity and openness that’s crucial for decentralized networks.” “Under the leadership of young and hardworking builders like Prateek and Yatharth, Cluster Protocol is poised to redefine decentralized AI.” said Anshul Dhir ( https://www.linkedin.com/in/anshuldhirr/ ) from Pivot Ventures. In addition to Nelson Paul ( https://www.linkedin.com/in/nelsonpaul005/ )from Tezos who quoted “ Tomorrow’s AI solutions demand a seamless, comprehensive build station and Cluster Protocol is delivering just that. By creating a Boeing-like assembly line for AI development, they’re streamlining the entire process, enabling users to effortlessly build and deploy cutting-edge AI agents. We’re excited to support them on this ambitious journey. ” With this new funding, Cluster Protocol will focus on: Attracting Top Talent: Bringing on board world-class AI researchers and blockchain engineers to refine and expand the platform. Accelerating Decentralized Solutions: Advancing decentralized AI capabilities to meet growing demand. Open-Source Evolution: Embracing open-source principles to ensure that Cluster Protocol remains flexible, community-driven, and transparent. About Cluster Protocol Think of Cluster Protocol as the glue that holds the decentralized AI ecosystem together. It helps AI developers get paid for their contributions while giving end-users a smooth, frictionless way to build the next generation of AI applications and agents. By focusing on openness, accessibility, and innovation, Cluster Protocol aims to power a future where AI is truly for everyone. For more information, please visit https://www.clusterprotocol.ai/](/image/67668f4cc89c1.jpg)
Cluster Protocol Secures Seed & Strategic Investment to Bring Decentralized AI Agents to the World
[21 Dec 2024, Dubai] – Cluster Protocol , a forward-thinking player in the decentralized AI space, is thrilled to announce that it has successfully secured seed and strategic investment funding. Led by Pivot Ventures , with participation from Maven Capital , Mapleblock , and a host of seasoned angel investors such as Ryan Horn (Binance), Tal Cohen (Kraken), Sanders Gortjes (Hello Labs), Jeff Nowak (Maven Capital), Amit Patel (Fusion 7), Nelson Paul (Tezos), Marcello Mari (SingularityDAO), Vijay Praveen (BitsCrunch), Ashish Sood (Polytrade), Tomer Nuni (Kima Network), Vijay Garg (Mapleblock), Sundeep Krishna (Trustswap), Anshul Dhir (Pivot), and more, this funding marks an important step toward creating a more accessible, open, and collaborative AI future. Breaking Down Barriers in AI Cluster Protocol’s vision goes beyond simply building another AI platform. It’s about empowering everyone, technical or not, to participate in the evolution of AI. By streamlining the creation, training, and execution of AI agents, the platform erases complexity and gives a wider range of people the tools they need to get involved. What Makes Cluster Protocol Different? Privacy & Security First: Using advanced techniques like Fully Homomorphic Encryption and Federated Learning, Cluster Protocol protects sensitive data while still making it useful. This ensures that data privacy remains a top priority, even as the platform encourages global collaboration. Truly Decentralized AI: Instead of keeping all resources in one place, Cluster Protocol relies on a decentralized network of datasets and computational resources. This approach makes high-quality, industrial-grade compute power accessible to everyone, not just big players. Fair & Transparent Access to Compute: A unique “Proof of Aggregated Compute” mechanism keeps the system honest and efficient. This ensures GPU providers can offer their resources at competitive rates while users can trust the process every step of the way. Simple Agent Creation: With its “Cluster Agents Arena,” the platform offers a virtual sandbox where anyone can quickly build, test, and launch AI agents. This lowers the barrier to entry and helps spark creativity. A Vision for Growth and Collaboration “Our platform is designed to make building and hosting AI agents straightforward,” said Yatharth Jain ( https://x.com/depindaddy ), Co-Founder of Cluster Protocol . “We bring together compute power from all over the world at unbeatable prices, providing a foundation of integrity and openness that’s crucial for decentralized networks.” “Under the leadership of young and hardworking builders like Prateek and Yatharth, Cluster Protocol is poised to redefine decentralized AI.” said Anshul Dhir ( https://www.linkedin.com/in/anshuldhirr/ ) from Pivot Ventures. In addition to Nelson Paul ( https://www.linkedin.com/in/nelsonpaul005/ )from Tezos who quoted “ Tomorrow’s AI solutions demand a seamless, comprehensive build station and Cluster Protocol is delivering just that. By creating a Boeing-like assembly line for AI development, they’re streamlining the entire process, enabling users to effortlessly build and deploy cutting-edge AI agents. We’re excited to support them on this ambitious journey. ” With this new funding, Cluster Protocol will focus on: Attracting Top Talent: Bringing on board world-class AI researchers and blockchain engineers to refine and expand the platform. Accelerating Decentralized Solutions: Advancing decentralized AI capabilities to meet growing demand. Open-Source Evolution: Embracing open-source principles to ensure that Cluster Protocol remains flexible, community-driven, and transparent. About Cluster Protocol Think of Cluster Protocol as the glue that holds the decentralized AI ecosystem together. It helps AI developers get paid for their contributions while giving end-users a smooth, frictionless way to build the next generation of AI applications and agents. By focusing on openness, accessibility, and innovation, Cluster Protocol aims to power a future where AI is truly for everyone. For more information, please visit https://www.clusterprotocol.ai/ Crypto Potato
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