On-chain data shows the Polygon trading volume has seen a significant increase compared to the other altcoins. Here’s what this means for MATIC. Polygon Trading Volume Has Observed A Sharp Jump Recently According to data from the on-chain analytics firm Santiment, altcoins have observed an increase in trading volume during the last few days. The “trading volume” here is an indicator that measures the daily total amount of a given cryptocurrency that’s getting involved in transactions on the blockchain. When the value of this metric is high, it means that a large number of tokens are being shifted around on the network. Such a trend can be a sign that traders of the asset are actively participating in the market right now. On the other hand, low values imply that the cryptocurrency is observing a low amount of activity currently. This kind of trend can suggest that there isn’t much interest in the coin among general investors at the moment. Now, here is a chart that shows the trend in the trading volume of some of the largest assets in the sector over the past week: As displayed in the above graph, the trading volume of most of the altcoins had declined to relatively low values a few days back, implying that interest in them had dropped. However, during the last couple of days or so, the indicator’s value has bounced back for these assets, suggesting that investors are once again participating in trading. From the chart, it’s visible that two altcoins in particular have enjoyed the sharpest increase in the metric: Polygon and BNB. This would mean that these cryptocurrencies have a stronger interest backing them right now. Generally, high amounts of volume are needed to sustain any sharp moves in the price. This is because a high volume implies the presence of a large number of traders, who can provide fuel for building any such move. Thus, whenever the trading volume rises for any asset, the price of the coin becomes more likely to show volatility. Which direction such volatile price action might take the cryptocurrency in is hard to say from the volume alone, however. In the case of Polygon and BNB, though, a surge in their prices occurred in the same period as when their trading volumes jumped. This may imply that this fresh trading interest is leaning toward the buying side, at least for now. With this latest uptrend, MATIC’s price has gone up by almost 9%. Naturally, if the trading volume continues to remain high in the coming days, it’s possible that this fresh increase might continue into the near future. MATIC Price At the time of writing, Polygon is trading around $0.73, up 5% in the last week.

cheqd, a business that enables users and organizations to acquire control and portability over their data, has launched Credential Service, which provides organizations with an easy-to-use, plug-and-play solution for issuing and maintaining digital credentials. The “Credential-as-a-Service” provided by cheqd is a ready-made software-as-a-service solution that can be quickly implemented into any business. Cheqd offers an easy way for businesses to easily issue and validate decentralized credentials with its Credential Service. It eliminates all the complexity and technical expertise needed to create or integrate Decentralized Identity into current systems, enabling businesses to issue and verify trustworthy credentials in just a few easy steps. By employing basic API services, application developers may easily create and maintain credentials. It offers functions like Revocation Registries, Decentralized Identifiers, Identity Keys, Verifiable Credentials and Presentations, and Credential Payment. As a result, cheqd partners now have the choice to employ a basic set of API services as opposed to including more intricate and nuanced Software Development Kits (SDKs). Credential Service will provide a way for everyone to access impending payments capabilities, cheqd’s first-of-its-kind feature permitting on-chain payments for off-chain verified data, as part of the company’s overall mission. Anyone may develop whole new business models using payment capability, such as Trusted Data Markets. Organizations may use Credential Service to access cheqd’s Decentralized Identity (DID) framework in the fastest and most effective manner possible without needing any specialized technical knowledge. DIDs are a key piece of enabling technology for self-sovereign identity (SSI), which provides individuals authority over the data they use to authenticate themselves to websites, apps, and services on the Web. Users may save all of their information in digital wallets that safeguard their privacy, make personal data more secure, reduce risk, and streamline the verification process. The Credential Service is based on cheqd’s blockchain technology, a reliable, permissionless, public network that complies entirely with the GDPR in Europe. It is carefully built with the impending EU eIDAS legislation, which regulates electronic identification and trust services for electronic transactions, in mind since it is based on self-sovereign identity technology. No personally identifiable information is kept on its network, as is the case with all cheqd products. Instead, the user’s sensitive information is stored off-ledger, where it is kept secret and safe. Any credential may be quickly reviewed and confirmed since the information is signed and verified by trustworthy identifiers on-chain. The Credential Service from cheqd may be used for a variety of use cases, such as Know Your Customer (KYC) checks, the verification of educational credentials, and online reputation. In complete accordance with all applicable regulations, it also facilitates payments for digital credentials. Avishay Litani may be reached at [email protected] for any more inquiries or interview requests.

BRISE trends on Twitter with its effective price surge. Upcoming Big Promo Campaign creates hype among communities. Bitgert (BRISE), the cryptocurrency has got a reach with its significant growth and developments. Considerably, the burn rate has increased with regard to Tuesday’s records. As per the records of Crypteye, the Bitgert Coin Burn Tracker has listed 3,931,598 BRISE token burns. This approximately values around $0.91 and the overall burn of worth $39.47. Meanwhile, the increase in burn rate creates a demand and pulsed the trading volume. Current Status of BRISE BRISE keeps trending on Twitter and the reason is expected to be the price surge than usual. Currently, the token is traded at $0.0000002661 with an increase of 5.31% in the last 24 hours. The trading volume has hit $3,838,154 with a surge of 40.99%. BRISE 24Hr Price Chart (Source: CoinMarketCap) According to CoinMarketCap, the circulation supply accounts for 395,688,215,721,653 BRISE which is 39.57% of the total supply. Compared to the last 7 days, it is seen that the market capitalization has reached a growth on this Wednesday rather than other days. Henceforth, the market capitalization skyrocketed by 5.26% with a value of $105,384,616. The upcoming promo campaign is creating hype, scheduled on July 30, 2023. Moreover, the effective potential of BRISE exceeds the incredible growth of the community. Hope that the future will be amazing with productive teams shaping the effective crypto market. Disclaimer: The opinions expressed in this article are solely those of the writer and not of this platform. The data in the article is based on reports that we do not warrant, endorse, or assume liability for. Related Crypto News: Bitgert (BRISE) Shows Sudden Price Surge After the Remarkable Move

Bad Idea AI (BAD), an AI-based meme coin, surged over 1000% since its launch. The token secured a listing on a centralized cryptocurrency exchange, BitMart. The AI-based meme token known as Bad Idea AI (BAD) has witnessed an impressive rally of over 1000% since its launch. Further, the excitement surrounding BAD reached new heights today as the token successfully secures a listing on a centralized cryptocurrency exchange, BitMart. This development opens up avenues for increased liquidity and accessibility for investors interested in exploring the experimental project. Bad Idea AI combines blockchain technology, artificial intelligence, and a decentralized autonomous organization (DAO), and aims to foster collaboration and decision-making between humans and AI. At the time of writing, Bad Idea AI traded at $0.00000003431 with a market cap of over $16.8 million. Also, the meme coin has climbed more than 800% in a month. However, today the meme currency experienced a minor setback, as it declined by 6% in value. Bad Idea AI (BAD) Price Chart (Source: CoinMarketCap) Meme Coins Frenzy One notable achievement of Bad Idea AI is its recent partnership with Shibarium, a prominent player in the meme coin zone. The collaboration between Shiba Inu’s Shibarium and Bad Idea AI is expected to yield revolutionary solutions, potentially reshaping the meme coin landscape. Also, the Bad Concept artificial intelligence Telegram team, which is actively involved in the development of the meme token, recently hinted at numerous upcoming projects awaiting launch. Also, Shiba Inu lead developer Shytoshi Kusama mentioned that “Something lovely is coming”. However, this announcement created a wave of enthusiasm within the meme coin’s community. The rise of BAD demonstrates the growing interest in meme tokens. And their potential to drive innovation in the cryptocurrency space. Recommended for you Analyzing Top Crypto Gainers: Will they pump more?

APT, the native cryptocurrency of the Aptos blockchain, continues to exhibit an underwhelming market performance in 2023. Following a somewhat positive run at the beginning of July, it seems the bears are back in control, with APT’s value dipping by nearly 10% in the last seven days. This has pretty much been the case for the APT token since the end of January as its price has declined steadily since reaching its all-time high of $18.58 on January 26. APT Falls By 14% In One Week – Price Overview The Aptos token made a bright start to July, gaining more than 13% in a few days. However, the prominent altcoin has shed all its recent gains, now trading below the month’s opening price of $7.29. Related Reading: Dogecoin (DOGE) Price Downtrend Set To Persist – What To Expect After reaching a high of $8.24 on July 4, the Aptos token experienced a significant decline, bringing its value to $7.15 two days later. Since then, it appears that the coin’s price has been moving mostly sideways. But it is worth noting that APT fell below the $7 price level for the first time this month on July 8. The token dropped below this level again on July 10 before climbing back to $7.18 the following day. As of this writing, APT is valued at $7.03, with a mere 0.3% gain in the past 24 hours. According to CoinGecko data, the coin has a market capitalization of over $1.48 billion, making it the 36th-biggest cryptocurrency. The Aptos token has a 24-hour trading volume of roughly $48.9 million, representing a 14.6% decline in the past day. Is The Downward Trend Over? A look at the daily chart shows that the APT token faces significant resistance at the $8 price zone. The token’s price has failed to break through this level twice in the past three weeks, falling back to $7 at each instance. That said, the daily Relative Strength Index (RSI) indicates that the selling pressure is high at the moment, having crossed below the 50 mark. This means there may not be sufficient buying pressure to push the token’s price above the $8 resistance. Related Reading: Standard Chartered Raises Bitcoin Forecast To $120,000, Citing Miners’ Reduced Selling Meanwhile, price action data reveals that APT has been stuck in a downtrend channel since the high of $16.22 made on February 16, 2023. Over the past five months, Aptos has failed to record a higher high, while writing three lower lows. If Aptos continues in its descending trend channel, we might see its price fall below $4. On the flip side, if it manages to break out of the downtrend channel and through the $8 resistance, then cryptocurrency might reach a price of $10.

KAVA is one of the Layer-1 blockchains in the crypto industry with links to two top blockchains, Ethereum and Cosmos. The network combines the Cosmos blockchain, and the EVM technology boosting its speed, security, and maximum scalability. It also utilizes the developer support of the Ethereum network. As such, Kava supports cross-chain interoperability, allowing users to transfer assets between Cosmos and Ethereum ecosystems. Kava’s native token, KAVA, which powers all the transactions on the blockchain, currently sits at the 62nd position on Coinmarketcap rankings. At the time of writing today, July 12, KAVA’s market cap stands at $661,668,155, showing an increase of 5.95%. Also, the coin has recorded more gains in 7 days than other top coins like Bitcoin and Ethereum, showing losses in their weekly gains. KAVA Posts Positive Price Moves Amid Plummeting Trading Volume KAVA’s price stands at $1.06, depicting a gain of 5.51% in 24 hours, while the weekly price shows an 11.31% increase. But KAVA’s trading volume currently stands at $59,625,037, a decline of 22.88%. This is unexpected, given the increasing price gains. Looking at the declining volume, trading activities with KAVA show low participation. Also, the global market Fear & Greed Index is currently at 57, depicting Neutral. As such, the current gains on KAVA may not be sustainable. Also, KAVA’s daily chart on TradingView, shows that the RSI is at 62 moving towards the overbought region of 70. Such a movement suggests a trend reversal to the downside once the asset reaches the overbought region. So while traders might be encouraged by the greenish moves today, represented by KAVA’s trend above the 50-day moving average, they should be careful, given the possibility of a downtrend soon. Network Upgrade And USDT Launch Might Be Pushing KAVA Many factors affect the prices of crypto assets. Some of these factors include market-wide sentiment, network developments, news, regulations, etc. Regarding KAVA’s price gains today, network developments and events are seemingly responsible for it. The much anticipated Kava 14 blockchain upgrade is slated for today, July 12, at the block height of 5,597,000 at 3:00 p.m. UTC. GitHub reveals that the release will facilitate the seamless unlocking of Cosmos native assets on Kava EVM. Not only that, it will support the conversion of assets between Ethereum and Cosmos through a safer new internal bridge feature. Six days ago, USDT launched on Cosmos through Kava. Even though the launch expanded the Cosmos DeFi Ecosystem, it also brought Kava to the limelight. Kava Co-founder Paolo Ardoino, talking about the integration, said, “Our support for Tether’s USDt integration unlocks much-needed stablecoin liquidity across the Cosmos and EVM ecosystems. Tether’s choice makes Kava a key support and a strong ally for Cosmos ecosystem projects building out the Internet of Blockchains.”

The Consumer Price Index (CPI) data for June, released by the Bureau of Labor Statistics today, has sent ripples of optimism throughout the Bitcoin and crypto market. The latest figures reveal a surprising cooling in inflation, which has ignited hopes of a positive outlook. According to the data, the headline CPI year-over-year (YoY) inflation fell to 3.0%, coming in below expectations of 3.1%. This represents a noteworthy decline from the previous month’s 4.0% figure. Even more encouraging is the fact that core CPI YoY inflation dropped to 4.8%, surpassing market expectations of 5.0%. Notably, this is the first time the core CPI has fallen below 5.0% since December 2021, leading analysts at The Kobeissi Letter to remark, “The 26-month battle against inflation may finally be nearing its end.” On a month-on-month (m/m) basis, headline CPI came in at 0.3%, picking up slightly compared to May (+0.1%). Meanwhile, core CPI m/m came in lower than expected, landing at 0.3% instead of 0.4%. Why The CPI Data Is Crucial For Bitcoin And Crypto The Fed has raised interest rates by 5.0 basis points since March 2022 to bring down the highest inflation in the US in four decades. During the June meeting, the Federal Open Market Committee (FOMC) announced a pause for the first time in this cycle to give itself time to assess the still-evolving impact of the previous hikes. Fed Chair Jerome Powell, as always, stressed data dependency. Prior to the release of the CPI and core CPI, the market was expecting a 92% probability (according to the CME Fed Watch Tool) that Fed policymakers would decide in favor of a 0.25 basis points rate hike at their July 25-26 meeting, which would bring the policy rate into the 5.25% to 5.50% range. Today’s figures are likely to influence the decision by the Fed. However, San Francisco Fed President Mary Daly recently said at a Brookings Institution event that the Fed “may end up doing less because we have to do less; we may end up doing just that; we may end up doing more. The data will tell us.” Despite that, 20 minutes after the CPI release, the CME Fed Watch Tool still displayed a 89% of a 25 basis point hike at the end of July. Renowned journalist Walter Bloomberg, citing “The Economists,” stated that the surprisingly good CPI reading is unlikely to deter the Fed from raising interest rates by a quarter point later this month. But, he notes that this rate hike could potentially be the last one in the current cycle. In that vein, it’s important to note that he Fed’s inflation job might not be done yet. Despite headline inflation trending lower and approaching the 2% target fast, sticky inflation is still at levels last seen in 1982, as the following chart shows. The sticky price consumer price index less food and energy is still highly elevated, causing fear of a re-emergence of higher headline inflation. Fed research published two days ago by economist Michael Kiley showed that core CPI data in 2022 and early 2023 were consistent with models showing greater persistence. “Updating forecasts from these models suggests core CPI inflation is likely to remain above 3.5% thru 2024,” writes Kiley. BTC Price Reacts Cautiously At press time, the Bitcoin price quickly jumped above $31,000 before retracing under $30,800. In the coming hours, the market’s true valuation of the data remains to be seen. As analyst Daan explained via Twitter, there is often an initial positive market reaction to positive CPI releases. This rally often lasts between 5 and 15 minutes, after which it begins to roll over. The price then tends to look for liquidity just below the “data release candle”.

Bone ShibaSwap has played an important role in the Shiba Inu ecosystem. DogPad Finance tweeted that the team bought a massive amount of BONE tokens. The crypto market has experienced massive growth and significant development over the past few years. The reveal of the launch date for the highly anticipated Layer 2 blockchain solution, Shibarium, has boosted investors’ confidence. As the excitement goes on, DogPad Finance, the Shibarium launchpad ecosystem, has announced an interesting purchase in the crypto market. On July 12, DogPad Finance tweeted that the team bought a massive amount of Bone ShibaSwap (BONE) tokens worth $20,000. The tweet also mentioned that the team also bought a huge amount of BONE tokens four months ago. Moreover, the team added that it continues to hold the BONE. Bone ShibaSwap is Expected to Reach New Milestones According to the report, the team is aiming for Shibarium to skyrocket BONE’s trading price. DogPad Finance is one of the proactive players in the Shibarium ecosystem. It has shown its strong confidence in BONE. Shibarium is set to launch in August and is expected to trigger the trading price of BONE. Moreover, DogPad Finance aims to convert the entire liquidity pool, approximately $200,000 worth of Ethereum, into BONE. This clearly shows the DogPad’s confidence in the BONE to reach new heights. Bone ShibaSwap has played an important role in the Shiba Inu ecosystem as a governance token and the authorized gas token for Shibarium. As the excitement around the Shibarium increases day by day, it is expected to reflect on the BONE. At the time of writing, the trading price of Bone ShibaSwap is around $1.27, with an increase of over 0.54% in the last 24 hours. The trading volume of BONE has experienced a decline of over 33.61%, according to CoinMarketCap. Moreover, the whole crypto community is expecting that BONE will gain bullish momentum after the launch of Shibarium on the mainnet.

MarketAcross, the world’s top PR and content marketing agency for blockchain firms, today announced that it has partnered with Chainlink Labs, the company behind Chainlink, the premier Web3 services platform in the market. Through this channel agreement, Chainlink BUILD program startups will get assistance and have access to services in PR, content marketing, brand reputation management, social media marketing, influencer outreach (KoL), SEO, community development, and other areas. For startups and cryptocurrencies, MarketAcross is a top-tier PR and content marketing solution. It has been working with well-established blockchain solutions since 2014. It is a one-stop shop for content marketing, covering everything from content production to placement and amplification. The channel partnership with MarketAcross will allow startups in the BUILD program to access the PR and content marketing expertise of the same team that has assisted in scaling many of the biggest exchanges and blockchain projects in the world, including Binance, Polkadot, Solana, Polygon, Crypto.com, Huobi, and eToro. Conventional marketing strategies are rarely applicable to web3, after all. The goal of the Chainlink BUILD program is to support budding early-stage entrepreneurs in the Chainlink ecosystem. Through this collaboration, more entrepreneurs in BUILD will have access to a wide range of high-end content marketing services, allowing them to concentrate on creating their core business logic and opening up new and intriguing Web3 use cases.

Over the next few years, firms will need to balance risk with reward when unlocking the transformative benefits of generative AI CAMBRIDGE, Mass.–(BUSINESS WIRE)–According to Forrester’s (Nasdaq: FORR) The Top 10 Emerging Technologies In 2023 report, generative AI will begin to deliver significant return on investment for most enterprises in the next two to four years. To fully benefit from generative AI’s applications, firms will need to navigate its risks, including trustworthiness, evolving regulations, and potential intellectual property complications. Despite these risks, generative AI remains a top emerging technology to invest in due to its breadth of impact and ability to accelerate many other top emerging technologies, including autonomous workplace assistants (AWAs) and conversational AI. Conversational AI, enabled by generative AI, is the second top emerging technology that will deliver the fastest ROI. E-commerce, B2B sales, and customer service functions will see the biggest impacts from conversational AI. AWAs will also deliver near-term benefits for most firms, as they are poised today to take over increasingly complex but repetitive human tasks. According to Forrester, additional emerging technologies that will offer significant benefits for firms in two to four years include: Decentralized Digital Identity (DDID). DDID will ultimately replace physical proof-of-identity documents, with financial services, government, and education likely to benefit most. Blockchains and zero-knowledge proofs will play a substantial role in this slow transformation. Edge Intelligence. Turning massive data sets produced by computer vision and sensors into real-time action requires more intelligent software running at the edge of business and consumer networks. Customer digital experiences will benefit from edge intelligence the most. Explainable AI (XAI). To be useful, new AI software needs to be trustworthy, which means it must be explainable. While XAI capabilities are still immature, this technology will see its greatest utilization in highly regulated and high-risk use cases in the finance and healthcare sectors. TuringBots. There has been a dramatic acceleration in the number and capability of TuringBots, AI-powered software robots that help developers build applications. In two to four years, a substantial part of enterprise applications could be generated by this technology. Some emerging technologies that will take at least five years to deliver tangible value for enterprises include: Extended Reality (XR). Only 20% of US online adults are comfortable using virtual reality or augmented reality to consume information, which means that XR will take more years of hardware innovation and consumer adoption. In the short term, enterprises will benefit in the areas of employee training and onboarding. Web3. Despite its promise of a new, more democratic web, Web3 remains a self-referencing ecosystem of financial engineering fraught with risk and scandal. Key technical challenges surrounding Web3 still exist for enterprises, including scaling and security, identity and key management, and privacy. Zero Trust Edge (ZTE). ZTE embeds Zero Trust security principles into software-defined networks that are deployed to offices and physical spaces but controlled centrally via the cloud. The improved security and performance promised by these tools will take more time as security and networking vendor offerings merge and mature. “While many emerging technologies show great promise, it is imperative for tech leaders to assess whether these technologies can deliver value and if their business can navigate their associated risks,” said Brian Hopkins, Forrester VP, emerging technology portfolio. “This means side-stepping misinformation, mitigating poor decisions driven by a fear of missing out, and narrowing focus from the shiny objects down to the few technologies that have real potential. Firms must also ensure that their time frame for implementing these technologies is commensurate with their overall risk/reward tolerance.” Resources: Read more about the top emerging technologies that will deliver ROI for enterprises. Read The Top 10 Emerging Technologies In 2023 report to gain insight into maturity trends, business value, important use cases, example innovations, and risks associated with each listed emerging technology (client access required). Learn more about how Forrester arrived at the top 10 emerging technologies for 2023, and register for an upcoming deep-dive webinar on this topic. Register to attend Forrester’s 2023 Technology & Innovation North America Forum. About Forrester Forrester (Nasdaq: FORR) is one of the most influential research and advisory firms in the world. We help leaders across technology, customer experience, digital, marketing, sales, and product functions use customer obsession to accelerate growth. Through Forrester’s proprietary research, consulting, and events, leaders from around the globe are empowered to be bold at work — to navigate change and put their customers at the center of their leadership, strategy, and operations. Our unique insights are grounded in annual surveys of more than 700,000 consumers, business leaders, and technology leaders worldwide; rigorous and objective research methodologies, including Forrester Wave evaluations; 100 million real-time feedback votes; and the shared wisdom of our clients. To learn more, visit Forrester.com. Contacts Ira Kantor Forrester Research [email protected]

Bitcoin registered a $68,789 range on November 10, 2021. BTC’s price could soar to a staggering $138,000, mirroring the remarkable 346% return. Bitcoin (BTC), the largest cryptocurrency’s consolidation at the $30,000 mark, has brought a strong pattern. According to the data from Glassnode, approximately 75% of the total Bitcoin supply is held in profit, while the remaining 25% is held in loss. Remarkably, this balance mirrors the equilibrium point observed during previous milestones in 2016 and 2019. The intriguing balance arises from the fact that this 75:25 balance of supply held in profit vs loss appears to be the equilibrium point for Bitcoin. Throughout its trading history, 50% of all trading days have seen a higher Profit-to-Loss balance, while the remaining 50% have witnessed a lower one. Bitcoin (BTC) Track (Source: Glassnode) Also, it is important to note that the current market consolidation has caused the Bitcoin price to stick at $30,000. However, it does serve as a point of reference for market observers, hinting at potential patterns that have historically played out during Bitcoin’s price cycles. At the continuation of the 2019 cycle, Bitcoin registered a $68,789 range on November 10, 2021. Will Bitcoin (BTC) Price Surge Further? In a major development for the cryptocurrency market, there is growing speculation that a Bitcoin Exchange-Traded Fund (ETF) may receive approval at a relatively low entry point of $30,000. If this were to happen, market analysts are predicting that Bitcoin’s price could soar to a staggering $138,000, mirroring the remarkable 346% return that gold experienced after the approval of its first ETF back in 2004. The potential approval of a Bitcoin ETF has been a highly anticipated event in the cryptocurrency community, as it could open the doors for institutional investors and traditional financial institutions to enter the Bitcoin market more easily. At the time of writing, Bitcoin (BTC) traded at $30,700 with a 24 hour trading volume of over $11.59 billion. Further, Bitcoin continues its impressive bullish run, gaining over 1.5% in a single day and showing an impressive 87% surge since the beginning of the year. With a current market share of 50%, BTC’s market cap now stands at over $595 billion, contributing to the overall global cryptocurrency market cap of $1.19 trillion. Bitcoin (BTC) Price Chart (Source: Tradingview) Technical indicators also support the bullish sentiment surrounding Bitcoin. The 50-day moving average (MA) for BTC is signaling an uptrend, reinforcing the positive outlook for the leading cryptocurrency.

Overall Crypto Market is Up 0.93%. Factors driving today’s top gainers’ performance offer insights for crypto investor Today,several cryptocurrencies have experienced notable price surges,adding to the overall market cap surging over 0.93%. Each of these top gainers has seen varying degrees of growth and recovery in the market. Let’s take a closer look at their performances and reasons behind their price fluctuations. Top Gainers : Bitcoin Cash(BCH) Bitcoin Cash, holding the fifth position among the top gainers, witnessed a surge of 3.85% today, reaching a price of $283.89. While it had a strong performance in Q3, reaching its highest price of $285, the cryptocurrency faced regulatory uncertainty regarding ETFs during Q4. However, Bitcoin Cash has managed to sustain its uptrend, even amidst challenges. In the past seven days, it saw a surge of 6.77%. Today’s surge can be attributed, in part, to Binance.US’s response to recent FUD over trading Bitcoin Cash (BCH) and their commitment to maintaining the coin’s reserves. BCH 24H Price Chart, Source: TradingView Sui(SUI) Sui,a relatively new player in the cryptocurrency field, has showcased its strength and determination to compete. Although SUI experienced a downtrend last month, hitting an all-time low of $0.558, the coin has displayed persistence, with a modest 1.56% surge over the past month. Today, SUI saw a significant surge of 3.71%, with the price standing at $0.6782. This surge broke the downtrend line, leaving the community curious about its future performance. SUI 24H Price Chart, Source: TradingView 1inch Network(1INCH) 1inch Network claims the top spot in terms of price surge today, with a significant increase of 8.84%. While it experienced a downward trend over the past week, it showed resilience with a 4.33% surge during that period. Notably,1INCH reached an all-time high of $0.2535, and in Q2, its user base doubled by 36%, leaving its strong community wondering if a bull run is on the horizon. 1INCH 24H Price Chart, Source: TradingView Conflux(CFX) Conflux emerges as the winner in the price surge game today, with an impressive surge of 11.23%. The cryptocurrency has demonstrated a strong recovery, with its price increasing by approximately 817.56% from its all-time low earlier this year. Over the past seven days, CFX experienced a surge of 4.88%, primarily driven by today’s substantial increase.Additionally, yesterday’s partnership between Dypius and Conflux Network aimed to deliver an unrivaled metaverse experience, contributing to the impressive surge. CFX 24H Price Chart, Source: TradingView Aave(AAVE) Aave, a decentralized finance (DeFi) coin, impressed with a surge of 4.73% today. However, it falls into the recovery category, considering its performance over the past week.Last Seven day it has seen some downward movement. The current price of AAVE stands at $76.01, fluctuating between a low of $72.35 and a high of $76.50. AAVE 24H Price Chart, Source: TradingView Also with the above gainers, Stacks also had a significant surge of 4.47% and kava had a surge of 4.92%. In summary, Bitcoin Cash, Sui, Aave, 1inch Network, and Conflux have shown significant price surges today, influencing their top gainers performance. While Bitcoin Cash maintains its uptrend amidst regulatory challenges, Sui breaks its downtrend, and Aave exhibits signs of slow recovery. Meanwhile, 1inch Network’s resilient surge raises questions about a potential bull run, and Conflux’s recovery game remains strong, fueled by recent partnerships.It will be interesting to observe how these cryptocurrencies perform in the coming days and whether these surges indicate sustained growth.

The Shiba Inu ecosystem token Bone ShibaSwap (BONE) has seen a staggering 88% price increase within the last 28 days, since Jun 15. Last Saturday, the price rally stopped for the time being at just under $1.50, which means that the Shiba Inu-based token has already experienced an interim price increase of over 120%. Since then, the BONE price has been in a consolidation. A look at the 1-day chart of BONE shows that the price initially shot above the 50% Fibonacci retracement level, but failed to defend the gains on a daily basis and eventually fell below the resistance. Thus, the $1.38 level is the key resistance. The current correction has caused the overheated daily RSI to reset from 81 to 61. Still, further consolidation might be needed to ignite further upside potential. A target for bears could be the 100-day exponential moving average (EMA)and the 38.2% Fibonacci level in the $1.00 to $1.01 range. After a potentially necessary reset of technical indicators and another breakout above $1.38, the 61.8% Fibonacci retracement level at $1.50 and the 78.6% Fibonacci retracement level at $1.80 would then be the next targets before the all-time high of late February 2023 at $2.10 would be within reach. Shiba Inu: Reasons For The BONE Price Rally The main reason for the current rally in the price of Shibaswap Bone (BONE) can be seen in the announcement by Shiba Inu chief developer Shytoshi Kusama about the launch of Shibarium next month. BONE will be the governance token of the upcoming highly anticipated layer 2 network and will also serve as a gas token. As NewsBTC reported, Kusama published a new blog post last week stating that Shibarium will “likely” be unveiled at the Blockchain Futurist Conference. The conference will be held on August 15 and 16 in Toronto, Canada. BONE will then not only be the official governance token for Shibarium, but will also be used for any payment of transaction fees (gas fees) on Shibarium. Thus, BONE will get a great utility that did not exist before. Undoubtedly, this will increase the demand for BONE. Traders might currently try to front-run the news. In classic crypto fashion, the event could become a “buy the rumor, sell the news” event. Investors should therefore be cautious. Worth noting: While BONE is rallying strongly, Shiba Inu has fallen -1.5% in the last seven days. The popular dog-themed cryptocurrency managed to break out of a multi-month downtrend channel, but currently lacks momentum to confirm the breakout. While BONE is benefiting from the Shibarium news, SHIB investors seem to remain skeptical and suffer from the launch delays. The network was originally scheduled for a 2022 release.

LAS VEGAS–(BUSINESS WIRE)–$AGREE #200_million_projected_annual_revenue_2023—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company, (“Ault Alliance” or the “Company”), today provides a business update letter to stockholders. Dear Stockholders, We are pleased to provide you with a business update as we enter the third quarter of 2023. Our commitment to transparency and effective communication drives us to share clear and concise information about our company’s financial status and strategic holdings. As of July 11, 2023, Ault Alliance had approximately 2.1 million shares of common stock outstanding. Based on our balance sheet as of March 31, 2023, the book value of our shares stands at approximately $80 per share. In addition, on March 31, 2023 we reported total assets of $527 million. Looking ahead, we project robust financial growth with an anticipated $200 million in annual revenue for the year 2023. These positive projections are a testament to the strength of our business model and our commitment to create value for our stockholders. We also want to provide an update on our portfolio of holdings. Ault Alliance is a diversified company with numerous subsidiaries and holdings in both public and private companies. Notably, we have strategic investments in innovative biotechnology companies Alzamend Neuro, Inc. and AdTech Pharma, Inc. These are just a few of the significant investments that help position Ault Alliance as a diversified holding company. Our corporate structure is currently as presented in the organization chart. We thank you for your continued support and your interest in Ault Alliance Inc. We look forward to delivering another strong year and will continue to keep our valued stockholders updated on our progress. Ault Alliance notes that revenue estimates and other projections are subject to volatility in Bitcoin market price, the fluctuation in the mining difficulty level and other factors that may impact the results of Bitcoin mining production or operations. Revenues from Ault Alliance trading activities include unrealized gains and losses from market price changes, which can cause significant volatility in the Company’s periodic earnings. For more information on Ault Alliance and its subsidiaries, Ault Alliance recommends that stockholders, investors, and any other interested parties read Ault Alliance’s public filings and press releases available under the Investor Relations section at https://www.ault.com/ or available at https://www.sec.gov/. About Ault Alliance, Inc. Ault Alliance, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, Ault Alliance owns and operates a data center at which it mines Bitcoin and provides mission-critical products that support a diverse range of industries, including metaverse platform, oil exploration, crane services, defense/aerospace, industrial, automotive, medical/biopharma, consumer electronics, hotel operations and textiles. In addition, Ault Alliance extends credit to select entrepreneurial businesses through a licensed lending subsidiary. Ault Alliance’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141; www.ault.com. Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10‑Q and 8-K. All filings are available at https://www.sec.gov/ and on the Company’s website at https://www.ault.com/. Contacts [email protected] or 1-888-753-2235

MacStadium has secured two patents: one for retrofitting current racking designs with KVM devices (aka, helmets) to offer local and remote keyboard, video and mouse access to Mac servers, and one to offer a new rack shelving architecture and design aimed at optimizing server density The helmet design was rapidly prototyped and refined via 3D printing technology and is manufactured via injection molding, dramatically reducing time to market and yielding very low cost per unit economics The new shelf design offers six times the server density of older Mac Pro racks and 50% more server density than existing Mac mini racks. Importantly, this optimized density design also includes the KVM devices ATLANTA–(BUSINESS WIRE)–#Apple—MacStadium, the industry-leading Mac private cloud and software-as-a-service provider enabling macOS workloads, today announced it has secured two patents: one for injection molded “helmets” providing keyboard, video and mouse (KVM) and precise power button control remotely, and one for a new rack shelving design with optimizing server density along with the KVM system. MacStadium’s helmets, which sit atop a Mac mini or Mac Studio, are specifically designed to retrofit the company’s current shelving offering. Leveraging 3D printing technology to rapidly prototype and refine the design, this innovation dramatically reduces time-to-market and yields very low cost per unit. While the helmets remain compatible with former shelving solutions, the new shelf design offers six times the server density of older Mac Pro racks and 50% more server density than existing Mac mini racks. Additionally, each Mac server is provisioned with an Apple-focused KVM device providing significant capabilities and advantages while slashing rack shelving costs by 50% or more. “These patents offer an exciting glimpse into how much we have grown and evolved our technology to better service our customers with scalability on-demand and faster deployment made possible via our enterprise hardware program,” said Paul Benati, MacStadium’s senior vice president and COO. “MacStadium has been and remains at the forefront of Apple enterprise innovation. As the first to market with new Apple servers, we continue to innovate, prioritizing reduced system friction, increased customer ease and satisfaction and decreased costs.” MacStadium’s proprietary helmet – which is currently in production – houses a temperature probe, LED light, OLED display and a servo, which allows for granular remote control of Apple devices’ power button. These KVM devices can remotely control the Apple devices to which they are connected, eliminating the need for customers to request server control and for IT teams to physically go to data centers to correct issues. With these remote control and self-service features, customers unlock new capabilities, including the ability to dynamically define the purpose of the Apple device, access to network storage and the long-awaited ability to run FileVault. The KVM system is securely accessed via SSL, SSO integration and authentication and authorization via lightweight directory access protocol (LDAP). The shelving system, which will soon begin production, is designed to hold 24 Mac minis and 24 Apple-focused KVM devices, increasing the capacity of a standard rack to 144 Mac minis. In addition to increased operational efficiencies and secure server access from anywhere in the world, the shelving design offers tremendous cost savings due to its injection molded manufacturing. Not only is this manufacturing offered globally by a multitude of vendors, but it also allows for reduced shipping costs and more server density per square foot due to the product’s reduced bulk and weight. These innovations provide a clear competitive advantage for customers and are just some of the foundational elements of MacStadium’s offering, aimed at driving Mac compute to customers via self-service. The patents come after MacStadium announced Orka Workspace with Pulse, designed to enable high-definition audio and visual streaming on virtual Mac desktops via any HTML5-supported browser. In addition, the company recently made public its Orka Small Teams edition, a self-service purchase option, giving MacDevOps teams immediate access to the industry’s leading enterprise-grade macOS virtualization and orchestration tool. As tech companies look to streamline operations and maximize their resources, this automation is critical to remain competitive. To learn more about MacStadium’s latest patents, please visit https://www.macstadium.com/datacenters. For more information on Orka and its features, visit https://www.macstadium.com/. About MacStadium Founded in 2011 and headquartered in Atlanta, MacStadium is a private Mac cloud provider delivering scalable and secure enterprise cloud solutions exclusively for macOS. The company’s suite of advanced software-enabled infrastructure, combined with its innovative technology, delivers the security, performance, reliability and flexibility its MacDevOps customers require for successful app development on Apple devices. Powered by MacStadium, Orka® (Orchestration with Kubernetes on Apple) Platform is the only virtualization layer available for Mac build infrastructure based on popular Docker and Kubernetes technology. MacStadium is a Summit Partners portfolio company with multi-site operations in the U.S. and EU. Please follow the company on social @macstadium or visit macstadium.com. Contacts Treble Matt Grant [email protected]

A crypto investor purchased a PEPE of around 613B overall. A set of ETH was spent for the purchase on their wallet. The second week of July 2023 has kept the global crypto market capitalization at a certain percentage high. Comparatively, the whales are ongoingly spotted in recent while with Bitcoin and other altcoins as well. As of now, the huge Ethereum (ETH) was sold in order to purchase Pepe Inu (PEPE) by the crypto investor named OSF on Twitter. The effect of such whale purchases of PEPE has led to a price surge with an increase of 1.65% in the overall market value. Yet, the investor who stacked a lot of PEPE might hold an effective number of approximately 613 billion in count from this purchase. Details of Purchase OSF has purchased 173B PEPE over the last 24 hours as per the reports of Etherscan. This highlights the prolonged purchase by OSF thereby spending 141 ETH on the last transfer. Meanwhile, a transaction worth $265K ETH was spent. Furthermore, a count of 536 ETH worth $1.04 million was spent. Again, a total of 613B PEPE during the time period of June 14 to July 11, 2023. OSF has bought all tokens with a market price of $0.00000169. Currently, the circulation supply of PEPE has reached 391 trillion which is approximately 93.13% of its total supply. And, the trading volume is dropping by 28.99% worth $81M. The market capitalization surges by 1.10%. The demand and supply of this token is getting increased in the meanwhile over this whale. ETH vs PEPE Though PEPE was bought in huge selling ETH on the other hand, while ETH is being traded at $1889.85 and PEPE is at $0.000001534. This is with respect to the price value stated by CoinMarketCap. Comparatively, the graph of ETH points higher than the one that was purchased. ETH vs PEPE Price Chart (Source: CoinMarketCap) Subsequently, the investor might have got other plans with PEPE so that the stacking would prominently be helpful. Highlighting Crypto News Today: ConsenSys Launches Linea Network To Boost Ethereum Scalability

Coinbase, one of the leading cryptocurrency exchanges has experienced a surge in its stock price, despite a large sale of shares by Cathie Wood’s Ark Investment Management LLC. On July 11, Ark Investment Management sold approximately 135,152 Coinbase shares, worth around $12 million. This marked Cathie Wood’s first sale of Coinbase shares since July 26, after nearly 11 months of consistently buying up the stock. Cathie Wood’s Ark Investment Management Sells Significant Stake In Coinbase Cathie Wood’s investment in Coinbase solidified Ark Investment Management as one of the major stakeholders, ranking fourth in terms of Coinbase shares held. However, the recent sale by Ark Investment Management suggests a shift in strategy as the firm decided to put a pause on its buying spree. Notably, Cathie Wood’s Coinbase stock buying frenzy came at a time when the crypto market was in a period of uncertainty, specifically during the regulatory scrutiny from the US Securities and Exchange Commission (SEC), the fallout from the FTX exchange, and an increase in bankruptcy cases which cast a shadow over investor sentiment. Though there are no specific reasons why Cathie Wood has decided to sell a large portion of its Coinbase shares, this move can be attributed to being a reflection of a calculated response to the current market conditions. Over the past month, the US regulator has intensified its scrutiny of the industry and this intensification has impacted even larger players in the industry such as Binance and Coinbase. Both exchanges saw the US SEC file a lawsuit against them over the alleged offering of unregulated securities. COIN Buck The Trend Despite the large sale of Coinbase’s shares by Ark Investment Management, the market reacted unexpectedly as the stock price defied expectations and surged by nearly 10% in just one day. Particularly, over the past 24 hours, Coinbase shares saw an increase of 9.78%, reflecting a positive investor sentiment. The stock has seen an increase from the $46 level which it traded at early in June, to trading at a price of $91.54, at the time of writing. The performance of Coinbase’s stock is noteworthy, considering the context of the crypto market. Since the beginning of the year, Coinbase’s stock has been on an upward trajectory, with its stock surging more than 150%. This increase has outpaced the overall cryptocurrency market, which has gained around 50% in the same period. Coinbase’s performance reflects the confidence of investors in the platform and its ability to navigate the challenges and opportunities within the crypto industry. It is worth noting that while Coinbase’s stock has surged nearly 10% in the past day, the global crypto market has only seen a mere 0.5% increase over the same period. Featured image from iStock, Chart from TradingView

ARKK sold 135,152 Coinbase (COIN) shares valued at over $12 million on July 11. The CBOE mentioned Coinbase as a partner in conducting surveillance. Ark Invest, the investment management business run by Cathie Wood, sold Coinbase (COIN) shares on Tuesday as the price hit a new high for the year. Shares of Coinbase remained rising when several spot Bitcoin ETF applicants picked Coinbase as its surveillance-sharing partner, despite a lawsuit from the US Securities and Exchange Commission (SEC). The leading ARK Innovation ETF (ARKK) managed by Cathie Wood sold 135,152 Coinbase (COIN) shares valued at over $12 million on July 11. According to the transactions database, this is the first time ARK Innovation ETF has sold COIN shares since July 26 of last year. Booking Profits Furthermore, after accumulating shares in Coinbase (COIN) since last year, ARK Fintech Innovation ETF (ARKF) unloaded 160,887 of them in March. Despite the volatile cryptocurrency market, US governmental crackdown, and sector bankruptcy, Ark Invest has been a major investor in Coinbase for the last year and is now the fourth biggest holder. After seeing Coinbase’s stock price rise 10% to an intraday high of $92.15 before closing at $89.15, Cathie Wood’s Ark Invest opted to sell some of its holdings. In agreements covering the refiling of five spot Bitcoin ETFs, the Chicago Board Options Exchange (CBOE) mentioned Coinbase as a partner in conducting surveillance. Moreover, since the price of Coinbase (COIN) has risen 165% so far this year and 76% in the past month, the sale of shares by Cathie Wood suggests that she is likely booking profit. The price of COIN shares has risen further following the close of trading. Highlighted Crypto News Today: Cboe Refilings Added More Pressure on SEC to Approve Bitcoin ETF

The court rules that LBRY, Inc. violated Section 5 of the Securities Act of 1933. Attorneys assess the significance of this judgement in regard to Coinbase and Ripple case. The United States District Court for the District of New Hampshire has released its final judgement in the case of SEC v. LBRY. The court rules that LBRY, Inc. violated Section 5 of the Securities Act of 1933 and penalizes the company accordingly. In light of the continuing legal struggle between the SEC and others like Coinbase and Ripple, attorneys assess the significance of this judgement. Violation of Securities Act The Court approved the SEC’s Motion for Summary Judgement on November 7, 2022, finding LBRY liable for breaching Section 5 of the Securities Act. In light of the Court’s decision (Doc. 86), the Commission moved for the entry of a Final Judgement, which the Court has now granted. As a result of the Final Judgement, LBRY is prohibited from further breaching Section 5 of the Securities Act. In addition, under Section 21(d)(5) of the Exchange Act, LBRY is permanently prohibited from taking part in, or causing or permitting any other person to take part in, any issuance of crypto asset securities that is not registered under the Act. The LBRY decision casts doubt on how the pending dispute between the SEC and Ripple and Coinbase will turn out. The Major Questions Doctrine and secondary sales were not addressed in the LBRY judgement, which instead focused on Section 5 infractions. Similar claims about the selling of XRP as unregistered securities are at the heart of Ripple’s argument. According to Deaton, the SEC used the summary judgement ruling in the LBRY case to support its position in the Coinbase case, arguing that the court erred in failing to distinguish between primary sales from the issuer (LBRY) and secondary sales on exchanges. Highlighted Crypto News Today: Solana (SOL) Enters Top 10, Overtaking Litecoin (LTC)

The MATIC price has increased by over 15% since the beginning of the month. The BNB price is expected to continue its climb toward the $300 intermediate goal. Bitcoin (BTC) has been settling around the $30,500 level for some time after a significant gain in the second half of June 2023. The price has been consolidating around these levels, exhibiting compression, throughout July. Moreover, this indicated a breakout is possible in the near future. On the other hand, Polygon (MATIC) and Binance Coin (BNB) are two altcoins that have shown tremendous growth in popularity recently. Santiment, a famous on-chain platform, reports that as the BTC price continues to drop below $31,000. These tokens are attracting the interest of many traders. Bullish Momentum Ahead Consequently, enormous bullish flags are waving around their values, which may be more potent than the BTC and ETH rises. The price of Polygon (MATIC) has been exhibiting extreme strength for over a month, as it has been consistently making new highs and new lows in its trading range. The MATIC price has increased by over 15% since the beginning of the month, while most other cryptocurrencies (particularly BTC and ETH) have remained stagnant. It is expected that the price will continue to rise strongly over the next several days, reaching the first aim of $0.8 and then attempting to achieve $0.9, which might then overcome the obstacles to achieving $1. More importantly, the Binance Coin (BNB) price has maintained a steady trend inside a predefined threshold. The last few days have seen a massive injection of liquidity into the coin, which has increased the purchasing pressure. Since bullish technical persist, the BNB price is expected to continue its moderate climb toward the $300 intermediate goal. Highlighted Crypto News Today: Breaking News: 20M MATIC Transferred from Polygon Staking to Unknown Wallet