Qubetics Appoints New CEO to Drive Strategic Transition
- Leadership Transition: Qubetics has appointed Godspower Effiong as the new CEO, marking a strategic internal transition aimed at reinforcing continuity in the company's core infrastructure vision, with Effiong's prior role as Executive Advisor highlighting his deep understanding of the platform's architecture and significant contributions to its development.
- Chain Abstraction Innovation: Qubetics introduces a Chain Abstraction system that simplifies cross-chain transactions, allowing users to submit a single intent while the system manages execution, significantly reducing operational friction and enhancing user experience, thereby advancing the usability of the blockchain ecosystem.
- Network Growth and Participation: Qubetics currently operates 45 validator nodes across 11 countries, with 230 million tokens locked out of a total supply of 1.36 billion, reflecting growing confidence from validators and delegators, while the token's availability on major exchanges enhances liquidity and market presence.
- Strategic Vision: As CEO, Effiong will prioritize the expansion of the Chain Abstraction framework, aiming to simplify cross-chain interactions into a single transaction, driving improvements in liquidity and execution efficiency, and building strategic partnerships to support cross-chain adoption.
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Technical Analysis for BTC
Technical Sentiment Analysis for Bitcoin (BTC). As of , Bitcoin (BTC) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Bitcoin (BTC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 59042.703 | 62662.351 | 66550.703 | 70170.351 | 74058.703 | 77678.351 | 81566.703 |
| Fibonacci | 62662.351 | 65530.407 | 67302.295 | 70170.351 | 73038.407 | 74810.295 | 77678.351 |
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