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Get Ready! TEAMZ WEB3 / AI SUMMIT 2024 in Japan is on the Horizon!

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The TEAMZ WEB3 / AI SUMMIT 2024, among Japan’s premier Web3 and AI conferences, is scheduled for April 13th (Saturday) and 14th (Sunday), at Toranomon Hills!

 

【About TEAMZ WEB3 / AI SUMMIT 2024】

The TEAMZ WEB3 / AI SUMMIT represents an evolution from the TEAMZ WEB3 SUMMIT 2023, previously recognized as one the most significant and influential events in Japan’s Web3 landscape. For 2024, we’re expanding our focus to encompass both the burgeoning realms of Web3 and AI, two domains that have seen explosive growth recently.

 

With our rallying cry, “WEB3 / AI: The Future”, we aim to facilitate vibrant discussions on the trajectory of the Web3 sector post-2024 and the emerging societal and economic paradigms being shaped by AI. Thought leaders, pioneers, and experts in Web 3 and AI, hailing from both Japan and overseas, will offer a kaleidoscope of insights on technological applications, market dynamics, and innovative solutions. Additionally, interactive sessions are planned to deepen the discourse among attendees from diverse industries and nations.

This summit anticipates a gathering of over 100 VCs and investors, more than 100 exhibitors, and 120+ esteemed experts and scholars from the Web3 and AI sectors. We also expect a global audience of over 5,000 attendees.

 

Our objective remains clear: to champion the introduction and evolution of both Web3 and AI. Through highlighting the groundbreaking solutions offered by pioneers in these sectors we aspire to foster their wider acceptance and tangible impact in the real world.

 

【Web3 / AI:New Key to Japan’s Breakthrough】

The Japanese government has designated Web3 as a crucial element of its growth strategy and is actively cultivating the Web3 business environment through a range of measures, such as regulatory flexibility. In addition to this, the Japanese government has publicly stated that it will develop an aggressive approach to the use of AI and aims to be a world leader in the field.

 

Web3 and AI have a high affinity for each other, and their integration has unlimited potential. The application of blockchain technology to AI training data and the use of AI data analytics in decentralized finance (DeFi) lending protocols, are just a few of the possibilities.

 

By building an ecosystem that integrates Web3 and AI, Japan has the potential to pioneer related projects on the world stage.

 

Japan’s advancement in Web3 and AI necessitates the expansion of its business sectors. In alignment with this major companies are aggressively investing in Web3 and AI projects. Furthermore, a myriad of industries, including telecommunications, finance and manufacturing, are integrating these technologies into their operations. Concurrently, there is a surge in Web3 and AI projects initiated by startups. This has led to the creation of innovative business models related to daily life, such as NFT concert tickets featuring exclusive videos and AI-driven apps that allow users to virtually try on clothes.

 

Let’s usher in a renaissance in Japanese society by fusing Web3 and AI in the transformative year of 2024!

 

【About Event Detail】

Event Name:TEAMZ WEB3 / AI SUMMIT 2024

 

Dates:2024/4/13,14

Venue:TORANOMON HILLS FORUM

Host:TEAMZ, Inc

 

Audience:5000+

Speaker:120+

Summit Sponsor:100+

VC & Investor:100+

Media Partner:50+

Community Partner:50+

 

Summit Home Page:https://web3.teamz.co.jp/

 

【What to expect at the event】

Eminent leaders making strides in the Web3 and AI sectors will grace the stage, offering profound insights into current advancements, industry projections, specific applications and pioneering business concepts.

 

A confluence of experts and industry frontrunners in the Web3 and AI realms will converge to deliberate on technological prospects, sectoral challenges, business avenues, and varied viewpoints, all aimed at sparking novel ideas and groundbreaking innovations.

 

An exclusive segment spotlighting all speakers and panelists from the Summit Here, VIP attendees will be accorded the unique privilege of obtaining firsthand guidance and input from the crème de la crème of the industry

 

The Summit’s exhibition area will be a hub of innovation, featuring over 100 standout Web3 and Ai initiatives. These projects will present their groundbreaking solutions and engage in productive interactions with investors and attendees.

 

Marking the Summit’s grand conclusion, this event promises a splendid change to network with guest orators, specialists, and global investors. Revel in delectable beverages and gourmet cruising. Adorn your best attire and revel in a splendid evening set against the mesmerizing Tokyo night vista.

 

Spanning five days from April 11th to 17th, TOKYO WEB3 / AI Week is set to captivate attendees with close to 100 eclectic side events, all centered on the Web3 and AI sectors. Participants can anticipate a whirlwind of thrilling experiences and fresh perspectives.

 

【Past Speakers】

Tim Draper (Founder / Draper Associates)

Masaaki Taira (Former Vice Minister of the Cabinet Office)

Yuzo Kano (President / bitFlyer Blockchain, Inc.)

Ciara Sun (Founder / C2 VENTURES)

Hironao Kunimitsu (Representative Director / Financier, Inc.)

Kensuke Amo (Managing Executive Officer / Coincheck K.K.)

Yoshiaki Ueno (Executive Officer / Group CDO and General Manager / Corporate Planning Department / Mitsubishi UFJ Financial Group, Inc.)

※Please refer to the summit website for other past speakers.

 

【Past Sponsors】

LINE, Microsoft Japan, IBM, Fujitsu, animoca BRANDS, NTV WANDS, Zaif, STEP’N, Accenture, Deloitte Tohmatsu, DMM Bitcoin, Quoine, Litecoin, HUBLOT, LOOT a DOG, etc.

※Please refer to the summit website for past sponsors.

 

【About Summit Sponsor and Partner】

As we gear up for this event, we’re on the lookout for individuals and companies to collaborate with in the following capacities:

 

・Summit Sponsor

・Community Partner

・Media Partner

 

If you, or any company or organizations you’re familiar with, are interested in these roles, we would love to hear from you. Participating in this event offers a golden opportunity to engage with industry trailblazers, stay abreast of the latest updates, and broaden your business horizons.

 

For further details or to get in touch with our team, please visit our official website as mentioned in the company profile. Alternatively, you can reach out to us directly at the email address provided below.

[email protected]

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Binance Lists ChainGPT (CGPT): Unlocking a New Era for AI-Powered Blockchain Solutions

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Binance Lists ChainGPT (CGPT): Unlocking a New Era for AI-Powered Blockchain Solutions – BitcoinWorld
































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$88K Critical for Bitcoin Momentum

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Bitcoin’s price trajectory is at a pivotal juncture, with $88,000 emerging as a key level for sustaining market momentum, according to on-chain analytics firm Glassnode. Using the UTXO Realized Price Distribution (URPD) metric, Glassnode emphasized the significance of the Short-Term Holder (STH) cost basis, noting minimal trading volume below this threshold.

The $88,000 level serves as a critical psychological and technical support, and a decisive loss could pave the way for further downside. This article explores the importance of this metric and what it could mean for Bitcoin’s future price movement.


Understanding Bitcoin’s STH Cost Basis

The Short-Term Holder (STH) cost basis represents the average price at which recently acquired Bitcoin has been purchased. This metric is essential for analyzing:

  • Price Momentum: Indicates the health of recent buyer confidence.
  • Support Levels: Highlights crucial price points where short-term investors are likely to defend positions.

At $88,000, the STH cost basis underscores its significance as a level where short-term traders might capitulate if breached, potentially triggering a larger sell-off.


The Role of the URPD Metric

Glassnode’s UTXO Realized Price Distribution (URPD) metric maps the distribution of Bitcoin trading volumes across different price levels. Key insights from the current analysis include:

1. Minimal Volume Below $88K

  • Glassnode’s data reveals limited trading activity beneath $88,000, suggesting weak historical support in this range.

2. Vulnerability to Downside Pressure

  • A breakdown below $88,000 could lead to accelerated selling, as short-term holders exit positions to minimize losses.

Why $88K Is Critical for Bitcoin

1. Psychological Benchmark

  • Round numbers like $88,000 hold psychological significance for traders, influencing decision-making and market sentiment.

2. Technical Relevance

  • The STH cost basis aligns closely with support and resistance levels derived from historical price action, making it a reliable marker.

3. Momentum Indicator

  • Holding above $88,000 would demonstrate resilience, while a breach could signal a shift in momentum toward bearish conditions.

Potential Scenarios Based on $88K Level

1. Holding Above $88K

  • Sustaining this level could reaffirm Bitcoin’s bullish momentum, encouraging accumulation by both short-term and long-term holders.
  • Positive macroeconomic news or institutional support could bolster price stability.

2. Breaching $88K

  • A decisive loss of $88,000 might lead to panic selling, increasing volatility and pushing Bitcoin toward lower support levels.
  • Traders may target $85,000 or lower as the next critical support zone.

Market Sentiment and Influences

1. Institutional Activity

  • Institutional investors closely monitor key levels like $88,000, adjusting strategies based on market strength or weakness.

2. Broader Economic Factors

  • Macroeconomic elements, including interest rate policies and inflation data, continue to impact risk assets like Bitcoin.

3. Short-Term Trader Behavior

  • As the primary holders at this cost basis, short-term traders play a pivotal role in determining Bitcoin’s near-term price movements.

How Traders Can Respond

1. Monitor Key Levels

  • Keep a close watch on Bitcoin’s behavior around $88,000, as this level is crucial for gauging momentum.

2. Set Stop Losses and Alerts

  • Traders should establish clear stop-loss levels to minimize risk in case of a breakdown.

3. Consider Accumulation Opportunities

  • If Bitcoin holds above $88,000, it could present a buying opportunity for those confident in a bullish continuation.

FAQs

1. Why is $88,000 significant for Bitcoin?
The $88,000 level represents the Short-Term Holder (STH) cost basis, a critical indicator of price momentum and market confidence.

2. What happens if Bitcoin drops below $88,000?
A loss of this level could trigger selling pressure, as short-term holders exit positions, potentially leading to further downside.

3. What is the URPD metric?
The UTXO Realized Price Distribution (URPD) metric tracks Bitcoin’s trading volume at different price levels, highlighting key areas of support and resistance.

4. How does $88K influence market sentiment?
Maintaining this level reinforces confidence in the market’s bullish momentum, while losing it could shift sentiment toward bearish expectations.

5. What should traders do at this level?
Traders should monitor Bitcoin’s performance around $88,000, set stop-loss levels, and consider accumulation if the level holds.


Conclusion

The $88,000 level is more than just a price point; it’s a pivotal marker for Bitcoin’s momentum and market sentiment. Glassnode’s analysis underscores its significance as the Short-Term Holder cost basis, with the potential to dictate Bitcoin’s next move.

Whether Bitcoin sustains this critical level or breaches it will determine its trajectory in the coming weeks. For traders and investors, staying vigilant and adapting strategies to this key metric will be essential in navigating Bitcoin’s dynamic market.

To learn more about the innovative startups shaping the future of the crypto industry, explore our article on latest news, where we delve into the most promising ventures and their potential.

Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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Mantra Partners with UAE Real Estate Giant Damac to Tokenize $1B in Assets

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