Jacob & Co. Launches Luxury Watch with Real Bitcoin Mining Capacity
- Luxury Meets Mining: Jacob & Co. partners with GoMining to launch the Epic X GoMining watch, priced at $40,000 and limited to 100 pieces, integrating 1,000 TH/s Bitcoin mining power, allowing owners to earn daily Bitcoin rewards with an estimated annual net return of $7,000.
- Innovative Design and Functionality: Housed in a 44-mm black DLC titanium case with an open-worked mechanical movement, this watch transcends previous purely aesthetic 'crypto-themed' timepieces by functioning as a revenue-generating asset, eliminating the need for owners to maintain hardware or pay electricity bills.
- Digital Management Experience: Owners can track their daily Bitcoin rewards and scale mining capacity through the GoMining mobile app, which integrates with the watch's digital twin, appealing to enthusiasts seeking a 'mechanical statement piece' with real-world utility in the blockchain ecosystem.
- Market Trend Shift: This launch signifies a major pivot for Jacob & Co. from its previous Astronomia Solar Bitcoin watch priced at $348,000, which lacked mining capabilities, aligning with broader Web3 trends that merge luxury brands with digital assets for future growth.
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Technical Analysis for X
Technical Sentiment Analysis for X Empire (X) As of , X Empire (X) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for X 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, X 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 $-.
X Empire (X) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00000598 | 0.00000893 | 0.0000115 | 0.0000145 | 0.0000171 | 0.00002 | 0.0000226 |
| Fibonacci | 0.00000893 | 0.000011 | 0.0000124 | 0.0000145 | 0.0000166 | 0.0000179 | 0.00002 |
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