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This change is part of the bank’s larger goal to boost fee revenue for its corporate division. Deutsche firm’s latest action comes after the firm had a severe liquidity problem in March. Deutsche Bank AG, the biggest bank in Germany, has just submitted an application to the appropriate authorities to begin providing custody services for digital assets like cryptocurrencies. This change, according to Deutsche Bank’s head of commercial banking, David Lynne, is part of the bank’s larger goal to boost fee revenue for its corporate division. It also draws attention to the bank’s initiatives to boost revenue for its investment arm DWS Group via the sale of digital assets and their related services. Need for Regulated Custodial Solutions Deutsche Bank has already made efforts to provide custodial services for digital assets. It made a similar effort in 2020, but it has not yet been revealed when the services would go live. There will be a greater need for regulated custodial solutions providers as the number of institutional players in the cryptocurrency market grows. Deutsche Bank’s approach comes as other major financial institutions, such as BlackRock and Fidelity, have signaled their own intentions to enter the cryptocurrency market. Deutsche firm’s latest action comes after the firm had a severe liquidity problem in March when Credit Suisse collapsed. The German financial powerhouse, however, seems to be on firm ground after this storm. Moreover, German authorities are also trying to loosen restrictions on crypto staking and lending regulations. The implementation of MiCA rules will also simplify regulatory advancements. Germans’ interest in and use of cryptocurrencies has been rising, and it will accelerate as the country’s regulatory landscape becomes more transparent. Amid the rising crackdown of U.S SEC on the crypto sector, other nations are taking cautious steps toward the sector. Recommended For You: Industry Heavyweights Launch Crypto Exchange Dubbed EDX Markets
 
OPUSDT is exhibiting an Ascending Scallop pattern. The target for OP trade setup is set at $1.296. In the exciting world of cryptocurrency trading, market participants are constantly on the lookout for potential breakout opportunities that can offer significant profit potential. More so, one such intriguing prospect has emerged for Optimism, the trading pair of the OPUS token against Tether (USDT). Even more, a notable technical pattern known as the Ascending Scallop Pattern has been identified in the daily time frame. In addition, the Ascending Scallop Pattern is a bullish continuation pattern characterized through a rounded bottom formation. With higher lows and a relatively flat top. Notably, this pattern suggests that OP has experienced a period of consolidation, with buyers consistently stepping in at higher levels, demonstrating their interest and potential bullish sentiment. OP Price Chart (Source: TradingView) Optimism Price Analysis: Trade Setup According to CoinMarketCap, the OP is trading at $1.22 with a 24-hour trading volume of $247,789,490, at the time of writing. Entry: A long position has already initiated coz of some traders in anticipation of the breakout. In addition, for those who have not entered the trade yet. Moreover, it is advisable to consider entering once the breakout above the resistance area at $1.23 is confirmed. All-in-all, this confirmation could come in the form of a strong bullish candlestick close above the resistance level. This is indicating a shift in market sentiment. Target: The target for this trade setup is set at $1.296. This level represents a favorable upside potential from the breakout level. It is important to note that targets should be adjusted based on individual risk appetite and market conditions. Furthermore, traders should closely monitor the price action and adjust their targets accordingly. Stop Loss: To effectively manage risk, setting a protective stop loss is crucial. For this trade setup, a recommended stop loss level is at $1.154, positioned slightly below the breakout zone. More so, placing the stop loss in this manner helps mitigate potential downside risks and provides a buffer in case the breakout fails and the price retraces. OP’s Ascending Scallop Pattern presents a compelling trade setup for traders. Even more, with an entry point above the resistance area at $1.175, traders can position themselves to benefit from a potential bullish breakout. Moreover, target of $1.296 offers a favorable upside potential, while a stop loss at $1.154 helps manage risk effectively. As always, it is important for traders to conduct their own analysis, monitor market conditions, and adjust their trading strategy accordingly.
 
Matic currently displays an intriguing Ascending Triangle Pattern. Traders eye a target price of $0.72 for Matic. MATIC token currently displaying an intriguing technical pattern known as the Ascending Triangle Pattern on the daily time frame. More so, this pattern has captured the attention of traders and investors as it suggests a potential bullish breakout in the near future. In addition, the price action is nearing the support zone within the pattern, indicating a critical juncture where market dynamics could shift. Added to this, traders are closely monitoring this setup, eagerly anticipating the breakout and the potential trading opportunities it may present. Moreover, the Ascending Triangle Pattern is characterized through a series of higher lows, formed by an upward-sloping support trendline, while the resistance level remains relatively flat. In addition, this pattern signifies a period of consolidation, where buying pressure gradually increases and sellers struggle to push the price lower. All-in-all, as the price approaches the support zone, the potential for a breakout becomes more apparent, with traders keen to capitalize on the anticipated bullish momentum. In this trade setup, the Smart Money Move concept is applied, aligning with the actions of institutional or well-informed market participants. By selecting the entry area at the support level, traders aim to enter at a strategic point that offers a favorable risk-to-reward ratio. More so, this approach not only enhances the potential trading opportunity but also helps to reduce downside risk. With the Ascending Triangle Pattern forming on MATICUSDT and the price nearing the support zone, traders are eagerly positioning themselves to take advantage of a potential bullish breakout. Even more, by closely monitoring the price action, traders can seek confirmation of the breakout and execute their trading strategies accordingly. Notably, the target and stop loss levels are set strategically to manage risk and optimize potential profits. As always, traders should conduct their own analysis, adapt to changing market conditions, and exercise proper risk management techniques to navigate the dynamic cryptocurrency market successfully. According to CoinMarketCap, the Matic is trading at $0.6 with a 24-hour trading volume of $247,789,490, at the time of writing. Matic Price Chart (Source: TradingView) Matic Price Analysis: Trade Setup Entry: To capitalize on the potential breakout, it is recommended to enter a long position at $0.5920, the support level within the Ascending Triangle Pattern. This entry point is strategically chosen based on the Smart Money Move concept, which aligns with the actions of institutional or informed market participants. By entering at the support level, traders aim to benefit from the potential bullish momentum that may follow the breakout. Target: The target for this trade setup is set at $0.720, offering a significant upside potential from the entry level. This target represents the expected price movement after the breakout from the Ascending Triangle Pattern. Traders should monitor the price action closely and adjust their targets based on individual risk tolerance and market conditions. Stop Loss: To effectively manage risk, it is essential to place a stop loss at $0.5890. This stop loss level is strategically positioned below the entry point and the support zone, aiming to limit potential downside risks. By implementing a stop loss, traders can protect their capital in case the breakout fails and the price retraces. The formation of an Ascending Triangle Pattern on MATICUSDT suggests a potential bullish breakout on the horizon. By strategically entering a long position at the support level of $0.5920, traders can position themselves to potentially benefit from the anticipated bullish momentum. Furthermore, with a target set at $0.720 and a stop loss at $0.5890, traders can effectively manage risk while aiming for a favorable upside potential. More so, with any trading decision, conducting thorough analysis, monitoring market conditions, and adjusting strategies accordingly remain crucial for successful trading. Disclaimer: Any information contained in this article is not proposed to be and doesn’t constitute financial advice, investment advice, trading advice, or any other advice. The NewsCrypto is not responsible to anyone for any decision made or action taken in conjunction with the information and/or statements in this article.
 
Cardano’s ADA token recently formed a technical analysis pattern called the ‘death cross.’ The appearance of the death cross comes at a time of regulatory uncertainty for Cardano and altcoins in general. ADA has experienced a significant decline in market value this month, attributed to fears of increased regulatory oversight if ADA is categorized as a security. Cardano’s ADA token, a competitor to Ethereum, has displayed a technical analysis pattern known as the “death cross” on its daily price chart. The death cross is observed when the 50-day simple moving average (SMA) falls below the 200-day SMA. While some followers of the technical analysis view the death cross as an indication of a potential market downturn, it should be noted that moving average crossovers have limitations as standalone indicators. Nevertheless, the appearance of the death cross aligns with the current regulatory uncertainties surrounding ADA and other altcoins. ADA classified as a security by the SEC In recent developments, the U.S. Securities and Exchange Commission (SEC) classified several tokens, including ADA, as securities in its lawsuit against Binance. Although Cardano’s development company, IOG, promptly refuted the SEC’s claim, the market sentiment was affected, resulting in a 30% decline in ADA’s market value this month, marking the most significant monthly drop since March 2022. The concerns arise from the possibility of increased regulatory oversight if ADA is categorized as a security. The regulatory risk primarily impacts altcoin investors, according to Matt Hu, CEO of the crypto asset management firm Blofin. He emphasized that holders who exclusively possess BTC and ETH would have a limited impact. At the time of reporting, ADA was trading at $0.2545. Additionally, Cardano released Node version 8.1.1 on its mainnet, aiming to enhance network processes by reducing epoch transitions or time periods on the blockchain.
 
EDX Markets began conducting transactions with the backing of industry heavyweights. Only Bitcoin, Ethereum, Bitcoin Cash, and Litecoin will be available for trade on EDX Markets. The non-custodial cryptocurrency exchange EDX Markets will be launching today with support from major broker-dealers, global market makers, and venture capital companies. Investors respond to EDX Markets as numerous established banks and brokerages join the cryptocurrency space. The registration of BlackRock iShares spot Bitcoin ETF with the US SEC last week restored industry optimism. In recent weeks, EDX Markets quietly began conducting transactions with the backing of industry heavyweights including Charles Schwab, Citadel Securities, Fidelity Digital Assets, Paradigm, Sequoia Capital, and Virtu Financial. Growing Adoption of Crypto Sector EDX Markets is worried about increased attention from US authorities in the wake of problems at FTX and Binance, even as it actively pursues business from brokers and investors interested in crypto assets. Despite legal crackdowns spearheaded by the US Securities and Exchange Commission (SEC), interest in cryptocurrency remains high on Wall Street. It’s the first of its kind, and it’ll help meet the unmet demand for trading digital assets by making it possible to do so in a secure and regulated manner via vetted third parties. It is a “noncustodial” exchange, meaning that it does not store its users’ digital assets on its own. Only Bitcoin, Ethereum, Bitcoin Cash, and Litecoin will be available for trade on EDX Markets. It will also introduce a clearinghouse to streamline trade settlement. Additionally, DV Trading, GTS, GSR, and Hudson River Trading affiliates participated in EDX Markets’ second investment round along with Miami International Holdings. The entry of established financial institutions into the cryptocurrency industry has brought further optimism over the growth and adoption of the crypto sector. Recommended For You: Binance Labs Accelerates Web3 With Strategic Investments
 
The Galileo LLM Studio Contains Multiple Free Tools for Data Scientists to Fine-Tune LLMs with Proprietary Data, Create and Manage Prompts, Identify Potential Model Hallucinations and More SAN FRANCISCO–(BUSINESS WIRE)–Today, Galileo, the first-ever machine-learning (ML) data intelligence company for LLMs and Computer Vision, announced a suite of new tools called Galileo LLM Studio — now available for waitlist signups here. As organizations of all sizes and across industries begin to consider the potential applications of generative AI, it is more important than ever for data science teams to have access to tools to quickly and easily evaluate the results of these Large Language Models (LLMs) and optimize their performance. Specially designed for high-performance data science teams, the Galileo LLM Studio will serve as a one-stop platform for LLM analysis and prompt management. Individual LLM Studio users will have access to two free tools to improve LLM performance and accuracy: the Galileo Prompt Inspector, which enables users to identify potential model hallucinations; and the Galileo LLM Debugger, which allows users to fine-tune LLMs with their own proprietary data. “Adapting LLMs to specific real-world applications depends on data more than ever before. Today, an organization’s data is its only differentiator. Galileo LLM Studio acts as a data force multiplier, enabling data scientists to fine-tune these models and use the best prompts with the right amount of context, to set appropriate guardrails and prevent hallucinations,” said Yash Sheth, Galileo co-founder and chief product officer. “A major factor in getting the best outputs from LLMs comes down to exploring the semantic search space of possible inputs that resolve to the accurate user intent,” said Atindriyo Sanyal, Galileo co-founder and chief technology officer and an early engineer at Apple working on Siri, allowing iPhone app developers to build powerful natural language processing (NLP) applications leveraging Siri. “I started my career in artificial intelligence over a decade ago. And although models today are way more advanced and powerful, the principles determining the quality of language model outputs remain the same: preventing model hallucinations and reducing model bias by leveraging consensus from sources that are not biased by the model and data at hand. We designed Galileo LLM Studio with those principles in mind.” “The introduction of Galileo’s LLM Studio has opened up exciting new possibilities across industries. Its comprehensive tools allow customers to fine-tune large language models using their own unique data, while effectively identifying and managing model hallucinations. This isn’t just a time-saver; it’s a game-changer, allowing companies to leverage generative AI more effectively and confidently and providing the right resources to ensure model accuracy and reliability,” said Dharmesh Thakker, general partner at Battery Ventures, the technology-focused investment firm backing Galileo. Galileo Prompt Inspector With the Galileo Prompt Inspector, users can quickly and efficiently identify potential model hallucinations, or overconfident, incorrect predictions from the LLM. The Inspector provides a Hallucination Likelihood Score — surfacing where the model is hallucinating, or generating unreliable and spurious output, including factual inaccuracies. With this information, users are able to more quickly address hallucinations and other errors in their model, reducing the likelihood of customers encountering misinformation or other incorrect model output. Users will also be able to create, manage and evaluate prompts in one platform, then transfer prompts from Galileo to the application of their choice, such as Langchain, OpenAI, HuggingFace and many more. Additional built-out product features in the Galileo Prompt Inspector include: The ability to organize prompt projects, runs and queries to LLMs in one place; Support for OpenAI and Hugging Face models; Collaboration features to streamline prompt engineering across multiple teams; Helps minimize the costs of prompt engineering by monitoring and estimating cost of calls to OpenAI while providing key signals on what isn’t working; and A/B comparison of prompts and their results. Galileo LLM Debugger With the Galileo LLM Debugger, users will be able to fine-tune LLMs with their own proprietary data, ensuring a high-performing model. Today, this process is frequently done manually with spreadsheets and Python scripts working with human-curated labels, which is time-intensive, costly and error-prone. Data science teams can connect LLMs directly to the Galileo LLM Debugger to instantly uncover and fix cumbersome errors in their dataset where their models are struggling; leading to better performing models faster, increasing team efficiency and reducing costs across the board. Potential use cases of the Galileo LLM Debugger include: A data science team in healthcare wants to build a smarter patient record summarizer. Leveraging an open-source LLM would yield generic results. Therefore, the team will need to train the LLM on their proprietary EMR data. A consumer-facing enterprise wants to build a chatbot for answering their customer’s questions related to their business, services and product offerings. A financial institution wants to summarize company data (financials, macro trends and industry-wide news) to make effective risk assessments on lending to that business. Galileo LLM Studio Waitlist and Webinar Demo For more information on Galileo LLM Studio, sign up for the waitlist here and register for the Debugging LLMs: Best Practices for Better Prompts and Data Quality webinar on 6/22 here. About Galileo Galileo’s mission is to create data intelligence tools for unstructured data ML practitioners. With more than 80% of the world’s data being unstructured and recent model advancements massively lowering the barrier to utilizing the data for enterprise ML, there is an urgent need for the right data-focused tools to build high performing models fast. Galileo is based in San Francisco and backed by Battery Ventures, Walden Catalyst and The Factory. For more information, visit https://www.rungalileo.io or follow @rungalileo. Contacts Media Contact Leigh Disher [email protected]
 
Mark Tercek, Peter Gross, Joe Weinman, and Stacey Shulman join world-class board comprised of thought leaders, technologists and environmentalists DOVER, Del.–(BUSINESS WIRE)–Redivider today announced the appointment of four new advisory board members to drive the company’s mission of delivering energy with impact. Mark Tercek, Peter Gross, Joe Weinman, and Stacey Shulman will join existing members Francis Suarez, Tad Hunt, and Tony Greenberg, creating a world-class advisory board with a focus on people, planet and profit. “Redivider is transforming the data center industry by leveraging sustainable technology to benefit the planet and humanity, and so it was important to appoint an advisory board that shared our passion for our mission and values,” said Tom Frazier, co-founder & CEO, Redivider. “Our board offers unparalleled experience and a wealth of knowledge we will leverage to help grow our company and achieve our goals.” About Redivider’s new advisory board members: Mark Tercek advises private sector and NGO leaders on ambitious environmental strategies. He previously served as the CEO of The Nature Conservancy (2008-2019) and as partner and managing director at Goldman Sachs (1984-2008). He is the author of the bestselling book “Nature’s Fortune: How Business and Society Thrive by Investing in Nature.” “Redivider has set out to make a real difference in the data center industry that will have far-reaching economic and environmental effects.” – Mark Tercek Peter Gross is an internationally recognized technology and energy expert. A titan in the data center industry, Peter has been at the forefront of many innovations that have transformed compute infrastructure, and is recognized as a thought leader in the mission-critical information, communication, and infrastructure design realm. “Redivider’s focus on people, planet and profits has positioned the company to be a leader in the next evolution of the data center industry.” – Peter Gross Joe Weinman is a noted authority on cloud and edge computing, digital strategy, and IT economics. A prolific speaker, Joe has appeared at more than 450 events on six different continents and been awarded 27 patents. In his career, Joe has held executive positions at Telx, Bell Labs, AT&T, and HP, and is the author of the acclaimed books “Cloudonomics” and “Digital Disciplines.” “For too long, traditional data centers have been associated with negative effects on the environment. Redivider is shattering that image with a thoughtful mission to create positive change.” – Joe Weinman Stacey Shulman is vice president of Intel’s Network and Edge Computing Group. In a career spanning more than 25 years, Stacey has spearheaded multi-billion-dollar initiatives to drive digital transformation. She combines her expertise in artificial intelligence, machine learning, and data with a strong focus on social impact and sustainability. “Redivider is showing that responsible edge computing is not only good for the planet, but is good for business as well.” – Stacey Shulman Founded in 2021 by Tom Frazier, Eric Appelblom and a team of veteran experts, Redivider is on a mission to deliver edge data centers with a simultaneous focus on sustainability and impact. The advisory council was formed in collaboration with RampRate, a global advisory firm. For more information on Redivider, visit www.redivider.co. About Redivider Redivider is delivering on its mission to uplift humanity and create a positive environmental impact by deploying edge data centers in Opportunity Zones throughout the United States. By focusing on people, planet and profits, in that order, Redivider is solving the business need for increased computing amidst scarce energy while helping close the US economic divide. For more information, visit www.redivider.co. Contacts Donna Loughlin Michaels for Redivider LMGPR [email protected] (408) 393-5575
 
EDX Markets provides a trusted, efficient, and liquid cryptocurrency trading experience EDX to launch new clearinghouse business later this year to provide members with the most competitive and capital efficient market through a single settlement process New EDX funding round welcomes additional strategic investors to accelerate platform development and market expansion HOBOKEN, N.J.–(BUSINESS WIRE)–EDX Markets (EDX), the first-of-its-kind digital asset marketplace designed to enable safe and compliant trading of digital assets through trusted intermediaries, today announced the successful launch of its digital asset market and the completion of an investment round with new equity partners. Already backed by a consortium of major financial institutions, EDX has opened trading as the crypto marketplace of choice for industry leaders and builds on best practices from traditional finance to provide customers with distinctive benefits including liquidity, competitive quotes and a unique, non-custodial model designed to mitigate conflicts of interest. EDX also introduced a retail-only quote to the crypto markets, allowing participants the benefit of better pricing for retail-originated orders. Products traded on EDX include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH). Later this year, EDX will launch EDX Clearing to settle trades matched on EDX Markets. The clearinghouse will facilitate trades against a central counterparty, allowing participants to benefit from enhanced price competition and reduced settlement risks, while increasing operational efficiencies. EDX’s launch and the announcement of EDX Clearing come as the company recently closed a new funding round that welcomed additional strategic investors, including Miami International Holdings, DV Crypto, GTS, GSR Markets LTD, and HRT Technology. These firms join a coalition of founding investors, including Charles Schwab, Citadel Securities, Fidelity Digital AssetsSM, Paradigm, Sequoia Capital, and Virtu Financial. The new funding will support EDX as it continues to develop its trading platform and solidifies its market leadership position. “EDX’s ability to attract new investors and partners in the face of sector headwinds demonstrates the strength of our platform and the demand for a safe and compliant cryptocurrency market,” said Jamil Nazarali, CEO of EDX. “We are committed to bringing the best of traditional finance to cryptocurrency markets, with an infrastructure built by market experts to embed key institutional best practices. With the endorsement of our new and growing list of investors and customers, we’re proud to launch trading and look forward to further enhancements to our offering. Looking ahead, EDX Clearing will be a major differentiator for EDX — and resolve an unmet need in the market – by enhancing competition and creating unparalleled operational efficiency through a single settlement process.” Contacts [email protected]
 
Canada Crypto Week Kicks off with the Country’s Largest & Longest Running Crypto Conference Back for its 5th Year TORONTO–(BUSINESS WIRE)–Untraceable, a veteran blockchain events company that has been organizing crypto events for over a decade, announces that the 5th annual Blockchain Futurist Conference is set to take place on August 15–16, 2023 in Toronto, Canada. Located at Rebel Entertainment Complex and Cabana Pool Bar, this unconventional venue provides a Web3-centric experience, complete with crypto-enabled helicopter rides, interactive NFT Galleries and marketplaces, Bitcoin ATMs, blockchain bootcamps for beginners and more, all taking place in a one-of-a-kind venue overlooking Lake Ontario. As the flagship event of Canada Crypto Week, there will be more than 30 separate crypto events and meet-ups taking place over the course of the week, including the inaugural ETHWomen and the second annual ETHToronto hackathons. As Canada’s largest and longest running Web3 event, Blockchain Futurist Conference will bring together over 10,000 attendees across the week , over 350 speakers, over 150 sponsors and over 200 community and media partners. The conference will feature 3 stages, 2 floors of expo booths, NFT galleries, crypto marketplaces, blockchain bootcamps, developer hackathons, networking events and more. Prominent speakers include Charles Hoskinson, Founder of IO Global, most well-known for Cardano, Michele Romanow, “Dragon” on CBC Dragons’ Den and Co-Founder & Executive Chairman of Clearco, Anthony Di Iorio, Founder of Andiami, Decentral and Ethereum, and Ethan Buchman, Co-Founder of Cosmos and CEO of Informal Systems. This year will include a focus on Artificial Intelligence technologies, with a speaker even being the infamous ChatGPT AI. The conference will also feature top companies in the industry. Prominent brands include NDAX, XDC, WonderFi, Brave, Arbitrum, Foundry, MetisDAO, Chainanalysis, StifleGMP, Parallel Gaming, Stratos, Starkware, and zk Era. “I am thrilled to present the culmination of over 10 years of Untraceable’s unwavering commitment to building the Canadian blockchain ecosystem. The Blockchain Futurist Conference stands as a beacon of Canadian innovation, uniting a global audience right here in Canada. As a Toronto-based female founder in a male-dominated industry, we proudly lead with the highest number of female participants worldwide, shaping a more inclusive future. Get ready for a groundbreaking gathering that will redefine possibilities and shape the future of blockchain. Says Tracy Leparulo, the Founder of Untraceable and Organizer of Blockchain Futurist Conference. Blockchain Futurist Conference is true to its ethos and enables cryptocurrency payments for everything onsite, including: outdoor vendors, food trucks, carnival stations, ticketing, Bitcoin ATMs, NFT access passes, and even crypto-enabled helicopter rides. The conference is also the grounds for sub-events taking place during Canada Crypto Week. Some sub-events to look forward to this year include Kraken VIP Happy Hour, Bored Ape Club Meetup, and F3 Ventures Female Founder Showcase. This year’s conference will again feature Untraceable’s event engagement token, UNNY. The token uses gamification to power the conference’s engagement, and provides exclusive rewards. Attendees are incentivized to visit expo booths, attend speaker sessions, and create positive real world actions onsite among other activities. Last year, thousands of attendees earned UNNY to claim rewards such as access to food stations, front row seats to Vitalik Buterin’s talk, and helicopter rides onsite. “For the past 7 years, we have pioneered the integration of blockchain gamification in events, revolutionizing the attendee experience. Through the UNNY Token, we create real-world engagement that translates into tangible impact. Serving as the currency for conference payments, including food trucks, marketplace, and carnival activations, the UNNY Token showcases the potential of programmable money in driving positive real-life outcomes. As Central Bank Digital Currencies (CBDCs) continue to rise, our token exemplifies the power of this transformative technology to incentivize and promote real-life positive change.” says Tracy Leparulo Opportunities are now open to get involved as a sponsor, exhibitor, media partner, NFT artist, speaker or attendee. Tickets are on sale now at futuristconference.com If you are still reading this press release, congratulations… We want to reward you with 1000 points for the UNNY Event Gamification. CODE: “Futurist2023“ Save this code for later when the game begins. Subscribe at unny.io About Untraceable: Since 2013, Untraceable events has been at the forefront of organizing blockchain events worldwide. Over the past decade, the company has spearheaded pivotal Web3 conferences across the globe, from the Bahamas and Barbados to Australia, Italy, New York, Chicago, and their hometown of Toronto, Canada. Under the leadership of Tracy Leparulo, a female founder, the team has achieved significant milestones, including the organization of Canada’s inaugural Bitcoin Expo in 2014, the world’s first Ethereum Hackathon in 2014 with the original Ethereum team, and the groundbreaking Security Token Conference in 2017. With an impressive portfolio of over 150 major Web3 events, Untraceable is widely recognized for their expertise. Notably, their flagship event, the Blockchain Futurist Conference, stands as Canada’s largest Web3 Conference, attracting over 10,000 attendees as part of the illustrious Canada Crypto Week, an event series they proudly organize. Contacts 917-900-2534
 
MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–#ancilia–Ancilia, Inc., a web3 security company, has been selected for the prestigious Franklin Templeton’s Incubator Program to collaborate with the global asset management firm on developing advanced web3 security solutions for fintech companies. The Incubator Program by Franklin Templeton is aimed at fostering innovation in the fintech space and providing emerging companies with the resources and guidance they need to bring new and innovative products to market. Ancilia was chosen from a competitive field of applicants for its deep expertise in web3 security and its track record of delivering robust and reliable solutions to clients. As part of the program, Ancilia will work closely with Franklin Templeton’s team of experts to develop and implement cutting-edge security protocols for fintech companies that leverage web3 technologies. This collaboration will enable fintech companies to operate in a secure and compliant manner while harnessing the power of decentralized systems. “We are thrilled to be selected for the Franklin Templeton Incubator Program and to collaborate with their team of experts on developing advanced security solutions for fintech companies,” said Huagang Xie, CEO of Ancilia. “Our expertise in web3 security, combined with Franklin Templeton’s extensive experience in the financial services industry, will enable us to create innovative and robust security solutions for the fintech sector.” “We are excited to welcome Ancilia to our Incubator Program and to collaborate with them on developing advanced web3 security solutions for fintech companies,” said Margaret King, Vice President at Franklin Templeton’s Incubator Program. “Ancilia’s deep expertise in web3 security and their commitment to delivering innovative solutions aligns perfectly with our mission to foster innovation in the fintech space. Together, we are well-positioned to bring new and innovative security solutions to market that will benefit the entire industry.” Through the collaboration between Ancilia and Franklin Templeton, fintech companies will have access to world-class web3 security solutions that enable them to focus on their core business activities without worrying about cybersecurity threats. Ancilia’s cutting-edge technology and Franklin Templeton’s experience and resources make for a powerful partnership that is poised to revolutionize the fintech industry. About Ancilia: Ancilia is a leading web3 security company that provides advanced security solutions for businesses that operate in decentralized environments. The company’s expertise in web3 security enables it to deliver innovative and reliable security solutions to clients in the fintech, blockchain, and cryptocurrency sectors. About Franklin Templeton: Franklin Templeton is a global asset management firm that provides investment solutions to individuals, institutions, and sovereign wealth funds. With a history dating back to 1947, Franklin Templeton is one of the world’s largest asset managers, with assets under management of over $1.5 trillion as of December 31, 2022. Contacts [email protected] www.ancilia.ai
 
Binance Labs selects only 2% of applicants, empowering promising projects. Strategic investments by Binance Labs shape the future of Web3 ventures. Binance Labs, the venture capital and incubation arm of cryptocurrency exchange Binance, has recently announced its investment in the projects that performed the best in Season 5 of its renowned Incubation Program. Out of more than 900 project applications received, only a select few, representing less than 2% of the total, were admitted into the program. Throughout the season, these chosen projects benefited from a tailored curriculum designed to meet the specific needs of the founders. They also had access to exclusive resources from the Binance ecosystem and engaged in enlightening fireside chats with industry leaders. Yibo Ling, Chief Business Officer at Binance, expressed the organization’s commitment to empowering early-stage projects that can contribute to the industry’s advancement. Ling stated, “Binance Labs remains dedicated to empowering scalable early-stage projects that contribute to the advancement of the industry. We look forward to witnessing the positive impact of Season five’s incubated projects on the broader Web3 ecosystem.” Meanwhile with the Binance King’s green flag, the selected projects have gained additional recognition. Projects Funded by Binance Labs Bracket Labs: This project focuses on building leveraged structured products on-chain, featuring user-friendly interfaces and innovative pricing mechanisms. DappOS: Dedicated to creating an operating protocol that reduces the barriers to entry for Web3 applications by improving their usability. Kryptoskatt: Simplifies Web3 finance for global users through a comprehensive suite of solutions, including accounting, portfolio management, and tax reporting. Mind Network: Constructs a fully-encrypted network using a patented Adaptive Fully Homomorphic Encryption (FHE) framework to ensure the security. zkPass: Provides a composable, privacy-preserving decentralized identity verification solution for Web3 applications, based on multi-party computation (MPC) and zero-knowledge proof (ZKP) technologies. The Build The Block event marked the culmination of Season 5. It is where the cohort presented their projects to industry leaders and investors. Consequently, Binance Labs decided to provide funding to five exceptional projects that exhibited remarkable potential. These projects cover various sectors of Web3, including decentralized finance (DeFi), infrastructure, tooling, and middleware. Following the success of Season 5, Binance Labs is now preparing for the launch of Season 6 of its Incubation Program.
 
Bitcoin fell back in value immediately after it closed the weekend’s CME futures gap around the $26,500 price range. Data gathered by TradingView showcased that Bitcoin is still avoiding a high level of volatility. The XRP price has showcased an uptick and might even rally further as the situation evolves with the Hinman documents, and Tradecurve reached a major milestone with 10,000 registered users. Summary: Bitcoin has stagnated in value and rejected the CPI boost XRP rallied by 18.3% in the last 30 days. Tradecurve to spike by 20% at the start of its Stage 4 presale. >>BUY TCRV TOKENS NOW<< Bitcoin’s Current Price The Bitcoin cryptocurrency saw a spike towards $26,500 on the back of the United States Consumer Price Index (CPI) print as it came below expectations. Crypto markets remained cautious, and the market did not experience a significant shift in growth. The Trading firm QCP Capital believed that “consensus has it right” surrounding the aspect of the Fed would not raise rates further, at least this time. “Based on high-frequency indicators, US inflation is falling rapidly, which will enable the FOMC to make this week’s meeting their first pause in more than a year,” they wrote during a market update. The Founder and CEO of the trading firm Eight, Michaël van de Poppe, flagged $25,000 as a potential downside entry point. As of June 14, 2023, Bitcoin traded at a value of $25,983.46. During the last week, the cryptocurrency saw its low point at $25,576.91, with its high point at $26,753.64. During the last 24 hours, Bitcoin increased by 0.9%, but in the last 30 days, it has been down 5.1%. Aside from Bitcoin, investors are eyeing XRP. XRP Rallies in Value XRP experienced a growth in its value during the last 30 days, where it spiked by 18.3%. As of June 14, 2023, XPR trades at $0.504699. During the last week, XRP saw its low point at $0.486993, with the high point at $0.558968. During the last 24 hours, XRP did see a decline of 1.5%, but analysts predict that it will rally in its value even further. Optimism surrounding the SEC lawsuit after the release of the Hinman documents has fueled its growth, and the widespread adoption of crypto can bring its value forward even further. Aside from XRP, investors are also eyeing Tradecurve. Tradecurve Achieves Major Milestone of 10,000 Registered Users and Stage 3 Presale Almost Complete Tradecurve reached a major milestone on June 12, 2023, when 10,000 users registered for the exchange. This momentum, coupled with the major success seen with its presale so far, has led many investors to see the bullish momentum behind the project. During Stage 3, 72,232,801 tokens have already been sold at $0.015 out of the maximum amount of 75,000,000, indicating that the presale is already 96.31% complete. Furthermore, during Stage 4, the value of TCRV will reach $0.018, indicating that an increase of 20% is coming. But that’s not where the growth ends, as analysts predict a 100x climb in value for the TCRV token. This is due to Tradecurve’s privacy-centric approach, where anyone can sign up, deposit crypto, and make trades in both crypto and derivatives without KYC completion. Anyone can access advanced features like AI-driven trading bots, negative balance protection, and a dedicated Trading Academy and can transparently see the exchange’s authenticity as Proof of Reserves (PoR) is implemented. TCRV is also planned to get listed on the Tier-1 exchange and on Uniswap at launch, further bolstering its bullish outlook. Learn more about TCRV below: Click Here For Website Click Here To Buy TCRV Presale Tokens Follow Us Twitter Join Our Community on Telegram
 
Code Reader, Etherscan’s beta app incorporates the ChatGPT API. Etherscan Code Reader operates independently of the chatbot’s website. Etherscan, a well-known Ethereum block explorer, has added ChatGPT to its arsenal of Ethereum blockchain analysis tools. Code Reader, Etherscan’s beta app that incorporates the ChatGPT API into its analytics platform, was released on Monday. Etherscan stated: A blockchain explorer, sometimes called a block explorer, is a web-based database that allows users to search for and see blockchain-related data and transactions. Rising AI Integration Etherscan is just another member of a rapidly expanding fraternity. Earlier last week, Alchemy, a prominent blockchain platform developer, released AlchemyAI, a ChatGPT-based application that has a GPT-4 plugin for navigating blockchains. Solana Labs released their proprietary ChatGPT plugin in May. Etherscan Code Reader operates independently of the chatbot’s website, therefore it costs extra on top of a ChatGPT Plus membership and an OpenAI API key. Code Readers users may use this to learn how the underlying contract interacts with decentralized apps, acquire a better knowledge of the contracts’ code through AI-generated explanations, and receive complete listings of smart contract operations connected to Ethereum data. Etherscan cautions users not to accept the information provided by ChatGPT at face value, not to use the service for evidence or bug bounties, and to constantly verify the replies provided by the service. This warning is in response to the frequent issue of AI chatbots providing inaccurate or misleading responses to user queries. Hallucinating describes this behavior pattern. When an AI produces false findings that are not supported by real-world evidence, this is called an AI hallucination. Recommended For You: Blockchain Analytics Firm Elliptic Integrates ChatGPT to Boost Efficiency
 
XRP and other listed tokens receive the trading license in indonesia. The country has shown a favorable stance towards XRP. According to a recently released regulatory document, the Indonesian government has made changes to the Trade Controlling Agency Regulations Commodity Futures Number 11 of 2022. In a significant development, XRP and other listed tokens have been granted trading licenses in the country. With the recent amendment, the Indonesian government has given its seal of approval to the listed crypto tokens, affirming their status as legally tradable cryptocurrencies and signaling a positive move toward crypto adoption. Under the title “Supervisory Body Regulatory Commodity Futures Trading Number 4 of 2023,” the updated documents specify the assets eligible for trading within Indonesia’s crypto assets market. The comprehensive list in the updated regulation includes nearly all assets that the United States Securities and Exchange Commission has classified as securities, such as XRP, ADA, ETH, BTC, SOL, DOT, UNI, SAND, and more. The updated regulatory measures in Indonesia have generated significant reactions within the crypto space, with reports suggesting that the country has shown a favorable attitude towards XRP. As part of Indonesia’s expanding embrace of cryptocurrencies, Indodax, the largest crypto exchange in the country, made Floki Inu (FLOKI) available for trading on its platform in April this year. Recommended For You Ripple (XRP) Price Prediction 2023
 
The identified assault can render networks completely inoperable. Sui network has deployed precautionary measures to protect the blockchain from harm. CertiK, a blockchain security company, was awarded a $500,000 prize by the Sui network for reporting a problem that may have affected the whole layer-1 blockchain. The CertiK team, in a statement, said that the “HamsterWheel” vulnerability was unique in comparison to other assaults that have shut down blockchains by crashing nodes. This attack ensnares nodes, making it so they can’t process any new transactions but may keep running in place like hamsters on a wheel. The assault might even render networks completely inoperable. Proactive Security Measures Before Sui’s mainnet launch, the security firm found and reported the flaw to the company. In light of the security risk, the Sui network has deployed precautionary measures to protect the blockchain from harm. Sui decided to reward the security company CertiK with a $500,000 bounty for all of their hard work. CertiK claims this underlines the need for proactive security measures and bug reward programs. CertiK’s chief security officer Kang Li has said that blockchain network risks are always developing and changing. The release states that further technical information would be disclosed and made accessible in the near future. In addition, after all, countermeasures have been implemented and rigorously evaluated, complete reports will be made public. On the other hand, a cyberattack was launched on the European Investment Bank (EIB), the biggest multilateral lender in the world. The Western banking system is in imminent danger, and Russian hackers are widely suspected as the culprits. In addition, pro-Russian Killnet hackers stated on telegram that they had breached EIB’s network. Recommended For You: European Investment Bank’s Website Down Following Cyberattack
 
Bullish BTC price prediction for 2023 is $30655.20 to $21973.54. Bitcoin (BTC) price might reach $36k soon. Bearish BTC price prediction for 2023 is $21973.54. In this Bitcoin (BTC) price prediction 2023, we will analyze the price patterns of BTC by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. Bitcoin (BTC) Current Market Status Current Price $26,784.98 24 – Hour Trading Volume $14,928,856,365 24 – Hour Price Change 1.51% up Circulating Supply 19,407,256 All – Time High $68,789.63(On November 10, 2021) BTC Current Market Status (Source: CoinMarketCap) What is Bitcoin (BTC)? Bitcoin (BTC) is the pioneer decentralized digital currency built on the peer-to-peer blockchain network Bitcoin. Pseudonymous founder(s) Satoshi Nakamoto introduced BTC and the blockchain in 2009, laying the foundation for the advent of numerous cryptocurrencies. Bitcoin is the first generation of blockchain technology that is based on the proof-of-work (PoW) consensus. By PoW, validators secure every transaction on the blockchain through a complex, energy-consuming mechanism called “mining.” Since its inception, the creators fixed the cryptocurrency’s supply cap at 21 million. Less than 1.7 million BTC are only left to be mined, as of March 2023. Notably, Bitcoin (BTC) transformed to become the most popular virtual currency in the global financial economy – TradeFi and DeFi. It dominates the crypto market by being the first largest cryptocurrency by market capitalization. Remarkably, Bitcoin became the first cryptocurrency to get legal recognition from some global nations. El Salvador declared BTC as one of the country’s legal tenders. Bitcoin adoption accelerated since 2020 – BTC as the payment option in every domain from retail to education and the launch of real-world Bitcoin ATMs. Several other countries are in the process of adopting a crypto regulatory framework. Alongside the popularity among traders and investors, BTC also received criticisms and labels such as “mother of all bubbles.” Bitcoin (BTC) Price Prediction 2023 The overview of the Bitcoin Price Prediction for 2023 is explained below with a daily time frame. BTC/USDT Ascending channel pattern (Source: TradingView) In the above chart, Bitcoin (BTC) ascending channel pattern. Ascending channel pattern, also known as the rising channel. The upper and lower trend lines that connect the higher highs and higher lows respectively appear to move within a rising slope. This pattern is generally a characteristic of a bullish trend. At the time of analysis, the price of Bitcoin (BTC) was recorded at $27119.72 If the pattern trend continues, the price of BTC might reach the resistance levels of $27300.22 and $30570.31 If the trend reverses, then the price of BTC may fall to the support of $25080.61, $19533.85 and $1558.6. Bitcoin (BTC) Resistance and Support Levels The chart given below elucidates the possible resistance and support levels of Bitcoin (BTC) in 2023. BTC/USDT Resistance and Support Levels (Source: TradingView) From the above chart, we can analyze and identify the following as the resistance and support levels of Bitcoin (BTC) for 2023. Resistance Level 1 $30655.20 Resistance Level 2 $36047.02 Support Level 1 $25174.35 Support Level 2 $21973.54 BTC/USDT Support and Resistance Levels As per the above analysis, if Bitcoin’s (BTC) bulls take the lead, it might hit and break through its resistance level of $36047.02. Conversely, if Bitcoin’s (BTC) bears dominate the trend, the price of BTC might plunge to $21973.54 . Bitcoin (BTC) Price Prediction 2023 — RVOL, MA, and RSI The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Bitcoin (BTC) are shown in the chart below. BTC/USDT RVOL, MA, RSI (Source: TradingView) The technical analysis indicator Relative Volume (RVOL) is used to measure the trading volume of an asset in relation to its recent average volumes. It is typically calculated by dividing the current day’s trading volume by the average volume over a specified period, such as the past 20 or 50 trading days. The resulting ratio is known as the “relative volume,” which can help traders identify unusual trading activity and changes in market sentiment. High relative volume readings suggest that there is increased interest in the asset, which may indicate a potential trend reversal or breakout. Conversely, low relative volume readings may indicate a lack of interest or a consolidation period. At the time of analysis, the RVOL of Bitcoin (BTC) was below the cutoff line, denoting weak participants trading in the current trend. The next technical indicator is the Moving Average (MA). This momentum indicator is used to smooth out price data and identify trends in the market. It helps in calculating the average price of an asset over a specific period. Particularly, the 50-day moving average (50 MA) evaluates the average closing price of the asset over the past 50 days. When the price of an asset is above its 50MA, it is considered to be in an uptrend (bullish), if laid below 50MA, it is in a downtrend (bearish). Notably, in the above chart, the BTC price lies above 50 MA (short-term), indicating its uptrend trend. Hence, it can be concluded that BTC is in a bullish state. Although this is the current state, a trend reversal might occur. Next up is the Relative Strength Index (RSI). This analysis indicator helps traders to determine the strength and momentum of an asset’s price movement over a specific period. In this analysis, the RSI is calculated by comparing the average gains and losses of the asset over the past 14 periods. The resulting value is expressed as a number between 0 and 100, with readings above 70 indicating an overbought state and readings below 30 indicating an oversold state. Traders often use the RSI to crucially identify potential trend reversals or to confirm the direction of a trend. For instance, if an asset is in an uptrend and the RSI reaches an overbought reading of 70, it may suggest that the asset is due for a pullback or correction. Conversely, if an asset is in a downtrend and the RSI reaches an oversold reading of 30, it may suggest that the asset could potentially reverse direction. Markedly, during analysis, the RSI of BTC is at 54.06. Therefore, this indicates BTC is neither an overbought nor oversold state. Bitcoin (BTC) Price Prediction 2023 — ADX, RVI In the below chart, we analyze the strength and volatility of Bitcoin (BTC) using the following technical analysis indicators – Average Directional Index (ADX) and Relative Volatility Index (RVI). BTC/USDT ADX, RVI (Source: TradingView) To analyze the strength of the trend momentum, let us take note of the Average Directional Index (ADX). The ADX value is derived from the two directional movement indicators (DMI) such as +DI and -DI and is expressed between 0 to 100. According to the data on the above chart, the ADX of BTC lies in the range of 27.81`pointing out a strong trend. The above chart also displays another technical indicator – the Relative Volatility Index (RVI). This is used to measure the volatility of an asset’s price movement over a specific period. With respect to the chart’s data, the RVI of BTC lies above 50, indicating high volatility. Comparison of BTC with ETH Let us now compare the price movements of Bitcoin (BTC) with Ethereum (ETH). BTC Vs ETH Price Comparison (Source: TradingView) From the above chart, we can interpret that, recently the price actions in BTC is a similar trend with respect to ETH. This indicates that when the price of ETH increases or decreases, the price of BTC also increases or decreases respectively. Bitcoin (BTC) Price Prediction 2024-2030 With the help of the aforementioned technical analysis indicators and trend patterns, Let us predict the price of Bitcoin (BTC) between 2024 and 2030. Bitcoin Price Prediction 2024 If bulls dominate the price momentum and trend patterns, then Bitcoin (BTC) might successfully test and surpass its resistance levels to hit $57k by 2024. Bitcoin Price Prediction 2025 The significant upgrades in the Bitcoin ecosystem might persuade the entry of an increased number of investors. This may eventually boost the Bitcoin (BTC) price to reach $80k by 2025. Bitcoin Price Prediction 2026 If Bitcoin (BTC) successfully tests its major resistance levels and continues to move upside, then it would rally to hit $100k. Bitcoin Price Prediction 2027 Bitcoin (BTC) might sustain major resistance levels and continue to be recognized as a good investment option. If it stands so in the market, BTC would rally to hit $120k. Bitcoin Price Prediction 2028 If Bitcoin (BTC) holds a positive market sentiment amid the highly-volatile crypto market by driving significant price rallies, BTC would hit $135k by 2028. Bitcoin Price Prediction 2029 If investors flock in and continue to place their bets on Bitcoin (BTC), then the crypto would witness major spikes. Hence, BTC might hit $150k by 2029. Bitcoin Price Prediction 2030 If the trend momentum aligns in favor of Bitcoin, then the BTC price is expected to rally to $180k by 2030. Furthermore, BTC would hold a positive market sentiment and be recognized as a long-term investment with highly profitable ROI. Conclusion If Bitcoin (BTC) establishes itself as a profitable investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish Bitcoin (BTC) price prediction for 2023 is $36047.02. Relatively, the bearish Bitcoin (BTC) price prediction for 2023 is $21973.54 . If there is a positive elevation in the market momentum and investors’ sentiment, Bitcoin (BTC) might hit $36k. With future upgrades and advancements in the Bitcoin ecosystem, BTC might surpass its current all-time high (ATH) of $68,789.63 and mark its new ATH. FAQ 1. What is Bitcoin (BTC)? Bitcoin (BTC) is the pioneer decentralized digital currency built on the peer-to-peer blockchain network Bitcoin. It was launched by pseudonymous founder(s) Satoshi Nakamoto in 2009. 2. Where can you purchase Bitcoin (BTC)? Bitcoin (BTC) has been listed mostly on all crypto exchanges – from Binance, Coinbase, KuCoin, Crypto.com, and so on. 3. Will Bitcoin (BTC) reach a new ATH soon? With the ongoing developments and upgrades within the Bitcoin platform, BTC has a high possibility of reaching its ATH soon. 4. What is the current all-time high (ATH) of Bitcoin (BTC)? On November 10, 2021 Bitcoin (BTC) reached its new all-time high (ATH) of $68,789.63. 5. What is the lowest price of Bitcoin (BTC)? According to CoinMarketCap, BTC hit its all-time low (ATL) of $0.04865 on July 14, 2010. 6. Will Bitcoin (BTC) reach $36k? If the bullish trend continues and if Bitcoin (BTC) retests its resistance levels, it will hit $40k soon. 7. What will be Bitcoin (BTC) price by 2024? Bitcoin (BTC) price is expected to reach $57K by 2024. 8. What will be Bitcoin (BTC) price by 2025? Bitcoin (BTC) price is expected to reach $80K by 2025. 9. What will be Bitcoin (BTC) price by 2026? Bitcoin (BTC) price is expected to reach $100K by 2026. 10. What will be Bitcoin (BTC) price by 2027? Bitcoin (BTC) price is expected to reach $120K by 2027. Top crypto prediction Shiba Inu (SHIB) Price Prediction 2023 Sui (SUI) Price Prediction 2023 Baby Doge Coin (BABYDOGE) Price Prediction 2023 Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
 
The voting period for a historic community vote to provide a $10 million educational fund for web3 is about to end. It will be the first time a DAO has been utilized to allocate funds to producers of educational content. A proposal for the $10 million global educator fund is now live via the first-ever education DAO. Key sponsors including TinyTap, Animoca Brands, GEMS Education, Liberty City Ventures, and many more joined Open Campus in launching the $10 million Global Educators Fund (the “Fund”) in May 2023. The funding of individual teachers and content producers to create educational material using a decentralized methodology is being attempted for the first time in history. The pioneer in web3 games and the metaverse, Animoca Brands, said on May 15 that it had contributed funds to the Global Educators Fund, which was set up by Open Campus Protocol to help education by introducing web3-based solutions. The Fund intends to encourage areas of study that supplement the standard curriculum (such as emotional intelligence, life skills, etc.) but may not have historically received enough money from the school or government. The courses will be tokenized and marketed as Publisher NFTs, which will be minted in EDU. Moreover, the funds split with the author, co-publisher, partner, and DAO will also be denominated in EDU. The community will be able to vote on the first round of Global Educators Fund proposals on June 15 to determine how the organization, which is backed by partners like TinyTap and Animoca Brands, will distribute the first round of funding from the $10M pool. Educational material employing a range of multimedia has been proposed by educators from all over the globe. The first set of ten contributions was discussed and voted on by the DAO on June 15. More than 300 concepts were submitted for the community’s review, and the DAO will have the opportunity to vote on each one that qualifies. The Global Educators Fund’s inaugural winners will be made known following the voting on June 22. The courses proposed are: 1. English language for pre-k students 2. Gearing Up For Reading 3. Teaching Dyslexic students 4. STEAM Unit for Teaching Time Concepts 5. A Loving Hug 6. Reading and Writing Enhancement 7. SEL – Circle of Friends 8. Solar Energy Immersion for students 9. SCORA-Sexual and Reproductive Health and Rights including HIV and AIDS 10. Foundations of Mathematics To motivate educators and encourage the production of top-notch instructional materials, the Global Educators Fund was established. Creators of courses maintain their digital property rights, assuring that all educators control their creative property and that they will be paid for it with grant funds. The Global Educators Fund’s grant beneficiaries will be chosen for the first time after the voting on June 22 for the ambitious web3 educational project. Based on the Ideation Guidelines and the Global Educator Fund selection criteria provided on the website, the DAO Administrator has chosen the first batch of 10 submissions. The Open Campus DAO may now decide whether to support the first 10 proposals for the courses. Please be aware that applications for the Fund are reviewed on a rolling basis. Only a tiny portion of the total number of applications that will ultimately be supported by the Fund is represented by the first batch of submissions included in this proposal. Applicants will eventually hear from the DAO Administrator again, either with a request for further material to support the first proposal or a denial. One may find more information about the Fund, including its objective, criteria for selection, and the application procedure, at https://www.opencampus.xyz/fund 6.
 
Brazilian company is first Accenture Ventures “Project Spotlight” investment in Latin America NEW YORK & SAO PAULO–(BUSINESS WIRE)–Accenture (NYSE: ACN) has made a strategic investment through Accenture Ventures in Parfin, a leading provider of responsible, compliant Web3 infrastructure services to financial institutions in Latin America. Founded in 2019, with headquarters in London and Rio de Janeiro, Parfin offers digital asset custody, trading, tokenization and management tools to some of Latin America’s largest financial institutions. Accenture’s investment in Parfin marks its first Accenture Ventures “Project Spotlight” investment in Latin America. The next iteration of the Internet will require new forms of digital ownership that will be powered by technologies such as blockchain, AI, and confidential computing that enable new forms of digital currency, digital identity, and digital assets. Parfin is currently developing Parchain, a permissioned blockchain technology that is designed to enable regulated entities to participate in decentralized finance (DeFi) and asset tokenization. This technology enables financial institutions to participate in this new digital economy and is well-positioned to play a role in broadening the scope of the Digital Real, Brazil’s central bank digital currency. “Web3, new forms of digital identity and end-to-end digital asset platforms like Parfin’s are challenging global financial services organizations to rethink their digital asset strategies,” said Mauricio Barbosa, Financial Services group lead, Accenture Brazil. “Powered by Parfin’s enterprise-grade digital assets and blockchain infrastructure, Accenture is accelerating and enabling Brazil’s largest financial services institutions to leverage digital asset transactions with a compliant, secure technology platform.” “The digital asset economy is extremely relevant to Accenture and our clients, and with our deep expertise in financial services, we are uniquely positioned to capture this emerging opportunity,” said Leonardo Framil, Growth Markets CEO at Accenture. “Web3 requires new infrastructure that financial institutions, particularly those in emerging growth markets, don’t have, and we believe Parfin is a perfect fit with our strategy to advance the adoption of digital currency around the world.” In March 2022, Accenture formed the Accenture Metaverse Continuum business group, which combines metaverse-skilled professionals and deep capabilities in customer experience, digital commerce, extended reality, blockchain, digital twins, artificial intelligence and generative AI to help clients design, execute and accelerate their spatial experiences and digital ownership journeys. “Accenture’s global presence, coupled with its industry expertise in technology and financial services, makes them an ideal strategic investor to help us advance our development of next generation infrastructure for the global adoption of digital assets,” said Marcos Viriato, co-founder and CEO of Parfin. “With Accenture’s support, and the introductions they can make on our behalf, we are even better positioned to help our existing clients in Brazil execute their digital asset strategies and expand our solution offerings to new clients in other parts of Latin America and around the world.” Parfin is the latest company to join Accenture Ventures’ Project Spotlight, an engagement and investment program focused on investing in companies that create or apply disruptive enterprise technologies. In addition to funding, Project Spotlight connects emerging technology startups with the Global 2000 to fill strategic innovation gaps and offers extensive access to Accenture’s domain expertise and enterprise clients, helping startups harness human creativity and deliver on the promise of their technology. Terms of the investment were not disclosed. About Accenture Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent and innovation led company with 738,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology with unmatched industry experience, functional expertise and global delivery capability. We are uniquely able to deliver tangible outcomes because of our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Accenture Song. These capabilities, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients succeed and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at www.accenture.com. About Parfin Parfin is the leading Web3 infrastructure provider in Latin America. With prominent clients in its portfolio, ranging from banks to crypto-native companies, its platform provides institutions with an end-to-end solution for custody, trading, tokenization, and digital asset management. Its mission is to accelerate institutional Web3 adoption through solutions that simplify access to the ecosystem while maintaining the highest and best standards of security, robustness, and compliance required by these companies. For more information, visit www.parfin.io. Copyright © 2023 Accenture. All rights reserved. Accenture and its logo are trademarks of Accenture. Contacts Jenn Francis Accenture +1 630 338 6426 [email protected]
 
When whales start buying, it’s a good sign since they have a long-term view. At its current price of $26,799, Bitcoin is demonstrating steady growth. Over the last two months, significant Bitcoin holders have been active in the market, buying up Bitcoin at a rapid pace. Despite what may seem like a recent decline in the value of BTC, large Bitcoin holders, or “whales,” have collected almost $3.5 billion in cryptocurrency since early April. Santiment, a market intelligence tool, reports that Bitcoin whales have been buying up Bitcoin at a rapid pace despite the recent price drop. There has been a massive $3.5 billion infusion into wallets that store 1,000 to 10,000 BTC since the first week of April. Upward Momentum Witnessed When whales start buying, it’s a good sign that they have a long-term view and are anticipating future price increases. Santiment also revealed its most recent observation, which focuses on the divergent reactions to the Blackrock and SEC litigation and the increase in BTC whale trades. Bitcoin’s upward momentum was boosted when the American multinational investment firm BlackRock applied to the United States Securities and Exchange Commission (SEC) for a spot Bitcoin Exchange Traded Fund (ETF). At its current price of $26,799, Bitcoin is demonstrating steady growth around the $27,000 barrier. Moreover, TradingView reports that Bitcoin’s dominance, measured by Bitcoin’s market capitalization as a proportion of the whole cryptocurrency market, has crossed the 50% level. According to data published by CoinMarketCap, the total value of all Bitcoin in circulation is presently $522 billion. Following growing governmental efforts against competing digital currencies, Michael Saylor has said that he expects BTC dominance to exceed 80%. Despite the SEC’s designation of 68 cryptocurrencies as securities, Saylor emphasized Bitcoin’s widespread acceptance as the industry’s digital commodity.
 
ApeCoin (APE) hit its all-time low (ATL) at $1.953 on Monday. Price of APE dropped 40% over the past 15 days. All Ape-related creations from Yuga Labs — ApeCoin, BAYC and MAYC — dominated the trends on Crypto Twitter during the Asian noon hours. Neither a positive update nor a pivotal price reversal has occurred. Currently, ApeCoin (APE) is weighed down by the bearish storm. In the past fifteen days, this web3 altcoin has experienced a decline of over 40%, dropping from $3.372 on June 4 to $2.02 at press time. On Monday, after plunging to its all-time low of $1.953, it pushed all its investors into a state of panic. Notably, last week, ApeCoin DAO landed in a heated debate with its community regarding the controversial six-figure annual salaries. APE fell 10% in the subsequent 24-hour window post this controversy, intensifying the downtrend pressure. Meanwhile, the project’s NFT siblings — Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (NFT) — experienced notable upsides in sales volume. According to CryptoSlam data, BAYC recorded a 24-hour gain of 230% and a weekly gain of 12%. Likewise, MAYC surged 133% in 24 hours and 2.5% in a week. Decoding Recent Patterns of ApeCoin (APE) At press time, as per CoinMarketCap, APE traded at $2.03 after recording a 1.6% gain in the last 24 hours. This brief uptick is insignificant compared to the major losses the token had witnessed since the start of Q2 2023. Let us analyze and decode the price patterns of ApeCoin (APE) ApeCoin Price Chart (Source: TradingView) The metrics on the above daily timeframe chart highlight the disappointing market performance of ApeCoin (APE). The negative crossover, indicated by the movement of APE’s 21-day moving average (21MA) crossing above the 9MA, confirms the extreme bearish condition. Furthermore, the RSI reading at 25.70 denotes the token’s strong oversold state. APE/USDT Resistance and Support Levels (Source: TradingView) Key Resistance Levels $2.292 and $2.812 Key Support Level $1.951 If the downtrend continues with no sign of trend reversal, APE might record a new ATL in the upcoming weeks. In this harsh bear trap, there is a possibility of APE breakdown at its key support level of $1.951. By any chance, if a bullish correction, APE could also rally to newer resistance levels — $2.292 and $2.812. A rebound at or a further breach below the support level could change the game for ApeCoin (APE). Tweet your prediction on this @TheNewsCrypto. Disclaimer: The views expressed in this article are for informational purposes only and do not necessarily reflect the opinions of TheNewsCrypto. The content provided should not be interpreted as investment advice. Recommended For You: Bitcoin Market Dominance Exceeds 50%, Setting New Record
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