Fetch.ai Alleges Misconduct by Ocean Protocol, Causing Turmoil in AI Crypto Alliance
Conflict in the ASI Alliance: The partnership between Fetch.ai, Ocean Protocol, and SingularityNET has escalated into a legal dispute, with Fetch.ai accusing Ocean Protocol of secretly minting and selling millions of tokens, leading to allegations of misconduct and a potential class-action lawsuit.
Binance's Involvement: In response to the growing controversy, Binance announced it would halt OCEAN ERC-20 deposits, which Fetch.ai's CEO interpreted as an implicit support for his claims against Ocean Protocol.
Ocean Protocol's Defense: Ocean Protocol has denied the allegations, labeling them as baseless and asserting that the matter is under review by an independent adjudicator, while also highlighting that Fetch.ai rejected a proposal to publicly disclose the findings.
Impact on AI-Crypto Vision: The ongoing feud threatens the ambitious goals of the ASI Alliance, which aimed to create a decentralized AI ecosystem, now serving as a cautionary tale about the importance of trust in collaborative ventures within the crypto space.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI) As of , Sleepless AI (AI) 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 AI 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 stock.
Support, Resistance & Moving Averages From a structural perspective, AI 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 $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00933 | 0.0149 | 0.02 | 0.0256 | 0.0307 | 0.0363 | 0.0414 |
| Fibonacci | 0.0149 | 0.019 | 0.0215 | 0.0256 | 0.0297 | 0.0322 | 0.0363 |
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