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PBM intends to let crypto senders establish criteria for digital currency transactions. Amazon, DBS, and Grab are just some of the fintech companies testing out PBM. The Monetary Authority of Singapore (MAS), has proposed a universal protocol that would outline the parameters for the usage of different cryptocurrencies. The Monetary Authority of Singapore (MAS) released a white paper on its new Purpose Bound Money (PBM) concept on June 21. The report details the idea’s lifespan and lists the financial institutions and fintech companies that will be involved in the pilot program. Strengthening Positions of Digital Currencies PBM intends to let digital currency senders establish criteria for digital currency transactions, such as validity duration and kinds of shops, for digital currencies across multiple systems, such as central bank digital currencies (CBDCs) or stablecoins. This has strengthened the position of digital currencies in the future financial view, according to Sopnendu Mohanty, the chief fintech officer of MAS. The paper’s development included input from the World Bank, the European Central Bank, the Bank of Italy, the Bank of Korea, and others in the financial sector. Amazon, DBS, and Grab are just some of the fintech companies testing out PBM. For online purchases, Amazon will explicitly test out escrow-like agreements. Payment to the retailer won’t be made until the buyer has actually received the goods. The white paper also suggests that governments, banks, and fintech firms study the practical applications of digital currency more thoroughly. This comes as Singapore continues to show support for the cryptocurrency industry. Circle, the company behind the USDC stablecoin, was granted a license on 7 June with other major financial institutions. Crypto exchange Crypto.com, had its own MAS license issued only days before.
 
For the gladiators who don’t know, Spectral Stadiums is the genesis collection of 5555 NFTs with underlying utilities on the Gladiator ecosystem. The Gladiator ecosystem is building a massive sports fan engagement platform which brings a 360-degree- immersive sporting fan experience with XR/VR technologies that revolutionize how we watch, play, and predict live IRL games. Gladiator Ecosystem: Spectral Stadium NFTs are just the beginning of the awe-inspiring Gladiator Ecosystem. The trifecta of extraordinary products designed to elevate your sports journey to extraordinary heights rules the roost. First up, we’ve got FanCrypt, the fantasy sports platform that will test your skills and knowledge like never before, with sweet prizes waiting to be won. Join over 10,000+ active users and witness FanCrypt’s meteoric rise as the premier web3 fantasy sports platform. Get ready to showcase your expertise and be rewarded like never before! Prepare to be dazzled by PitchVision, an avant-garde XR/VR technology that immerses you in a dynamic and captivating game-watching experience. Feel the adrenaline rush as you become an active participant in the action, taking the traditional sports viewing experience to unprecedented levels. And let’s not forget G-Rush, the ultimate haven for sports enthusiasts! Engage in thrilling gameplay, seize the opportunity to win incredible prizes, and earn coveted IRL rewards and $SGTR tokens. Get ready to embark on an extraordinary journey where your passion for sports knows no bounds! Now time for the first BIG news. Spectral Stadiums now has its own Digital Space. That’s right. We’ve created a virtual haven that’s bursting with life and energy. This is not some static museum; it’s a vibrant, dynamic arena where the action is live and kicking! And guess what? It’s live and ready for you to explore! Meet fellow fans, interact with community members, and discover a whole new level of sports engagement. This digital space is where the magic happens, where the thrill of the game comes alive. So, don’t miss out on the action – come on in and be part of something truly extraordinary! Check it out Now! Welcome to the future of sports fandom Folks! Now time for the second BIG news… COUNTDOWN TO THE GRAND UNVEIL!!! It’s time to make some noise because the wait is finally over. Spectral Stadium NFTs are about to take the world by storm. Mark your calendars because June 23, 2023, is the big day! That’s when Spectral Stadiums NFTs will hit the scene, and you won’t want to miss out. Snag your very own piece of this historic revolution for just 0.025ETH. Believe us when we say, this is an opportunity you don’t want to pass up. As you gear up for this monumental launch, we want to ensure your journey is smooth and secure. Here are a couple of tricks to keep in mind while purchasing your Spectral Stadiums NFTs: Do Your Research: Take the time to understand the process and familiarize yourself with the platform. Read through our website, explore our social media channels, and gain insights from the community. Stay Vigilant: Be cautious of phishing attempts and scammers lurking in the digital realm. Always double-check URLs, verify the authenticity of communication channels, and exercise caution when sharing personal information. Join the community to cut down the scam noise. Meet the Founding team The Gladiator ecosystem is the brainchild of GLADIATOR INFOTECH LLP and Digital Strom LLC, Dubai. Led by a visionary founder Akash Patel, who previously founded streaming solutions to take the cricket World Cup to every household in India and provided CRM services to Uber. The Advisory team include, Jibran, Founder – Manifest Studios, Goddesses of sun, NFT KHI. Caleb, core team member at Omega Alpha. Gameskii – Founder – OctagonWeb3. James, Ex- Otherside Collab Manager. Matt – NFT advisor. Are you as hyped as we are? We thought so! Join us on this extraordinary journey by staying in the loop with all the latest updates and insights. Head over to our website at spectralstadiums.io to catch a glimpse of the magic. Follow us on Twitter at @spectralstadium for all the buzz and banter. And if you’re looking for a place to connect with like-minded fans, our Discord channel is where the party’s at. Also, Don’t forget to check us out on premint. Get ready to be part of a cosmic tapestry where your love for sports collides with cutting-edge technology. Spectral Stadiums NFTs are more than just digital assets; they’re your keys to an epic realm of sporting adventures. So, don’t miss your chance to redefine the future of sports fandom. Seize the moment, grab your ticket to immortality, and let the games begin! We can’t wait to embark on this unforgettable journey with you. Twitter: https://twitter.com/spectralstadium Discord: https://discord.com/invite/gHhkAbYbP6 Gitbook: https://spectralstadiums.gitbook.io/s/ Website: https://spectralstadiums.io/ Medium: https://medium.com/@spectralstadiums
 
Since inflation is still over the central bank’s 2% objective, he predicted further rate rises. The likelihood of a rate rise of 25 basis points at the FOMC meeting on July 26th is high. On Wednesday, Bitcoin and Ethereum values touched their highest point in six weeks, marking a general resurgence in the cryptocurrency market. In the previous day, the price of Bitcoin has increased by 8% to over $29,000, while the price of Ethereum has increased by 6% to over $1800. Meanwhile, in testimony before the US House Financial Services Committee, US Federal Reserve Chair Jerome Powell indicated that the current hiatus in interest rate increases is only temporary. Since inflation is still over the central bank’s 2% objective, he predicted further rate rises. The likelihood of a rate rise of 25 basis points at the FOMC meeting on July 26th has increased to 80%, as reported by the CME FedWatch Tool. Traders anticipated that prices would retrace again since it was another short squeeze event that triggered a strong market comeback. Market Optimistic Over ETF Filings After BlackRock iShares spot Bitcoin ETF filed with the US SEC last week, the market began to rebound, prompting other financial behemoths to file for Bitcoin ETFs. Institutional interest in the cryptocurrency market has contributed to a rising tide of optimism. Bitcoin’s upward momentum continues as the cryptocurrency bounced back from the $24,800 support level. New purchasing activity from whales and institutional interest in cryptocurrency sent the price of Bitcoin soaring beyond $29,000 today. On the other hand, in response to growing regulatory tensions led by the U.S regulatory body, the world’s largest cryptocurrency exchange, Binance, has announced the launch of a digital asset platform in Kazakhstan. Binance Kazakhstan and representatives from the Kazakh financial industry held a press conference on June 20, 2023, to announce the opening of the new platform.
 
Struct Finance, backed by Ava Labs, has launched customizable interest rate products on the mainnet. Now cautious investors no longer need to avoid DeFi, whether they are institutions or smaller players. The mainnet launch of Struct Finance’s cutting-edge Interest Rate Vaults and a distinctive tranching mechanism was announced today. Struct Finance is a DeFi platform that allows investors to interact with bespoke structured financial products tied to digital assets. Users may now invest in products catered to their risk-return preferences, offering predictable and diversified returns, amid the very volatile crypto market. Innovative investment instruments called “structured financial products” are developed from and connected to underlying on-chain or physical assets. To meet particular investing goals, they make use of a range of credit/risk, liquidity, and maturity transformation approaches. These investment products draw interest from a wide range of investors because they provide risk-return dynamics that differ from the underlying assets. On Struct Finance, various tokens, tokenized derivatives, vaults, pools, and protocols interact in an unrestricted way to create novel products that are suited to the risk tolerance of the investor. Through an innovative method known as “tranching,” the new Interest Rate Products enable anybody to split and repackage the risk of any yield-bearing DeFi assets in numerous ways to meet their risk profile. The user has the option of fixed returns (10%) at a reduced risk or variable returns (up to 65%) at a larger risk. Each Interest Rate Product is a single vault divided into two tranches, each of which has a distinct return structure: A fixed-return tranche for cautious investors seeking steady profits. A variable-return tranche for investors wanting bigger profits but with a higher risk tolerance. To achieve predictable returns, the yield from the underlying asset goes into the fixed tranche first. The remaining funds are then distributed to the variable tranche, which now has increased exposure to the underlying yield-bearing asset. The variable tranche may provide a greater yield than the fixed tranche, less yield, or no yield at all. Interest Rate Products provide risk-averse investors seeking greater yields a way to be protected against conservative investors seeking a set rate. Depending on their risk tolerance, consumers may choose between Fixed and Variable Tranches using the innovative “tranching” mechanism. Through trading, institutional liquidity and crypto derivatives may basically exchange liquidity. Struct has established an initial cap per tranche for secure operations with a pledge to progressively raise these limits over time. In addition, Struct Finance will provide the Struct Factory, a feature that none of its rivals currently offer, to let investors create their own customized structured financial products on-chain. Notably, these unique solutions will benefit not just the creators but also the general public, promoting a more inclusive and flexible financial climate. You may create your own Interest Rate Product utilizing assets like USDC, BTC.b, AVAX, or WETH thanks to this ground-breaking innovation. Struct Finance offers back-testing assistance to help you with the product development process. The absence of fixed-yield returns in the cryptocurrency market has prevented both bigger institutions and smaller players with more cautious risk appetites from entering. Given that permissionless liquidity pool switching is permitted by the Struct Factory, fixed-rate returns may become prevalent enough to tame the erratic and unpredictable returns of Web3. Once unlocked, fixed-rate returns have the potential to open the DeFi up to institutional liquidity without jeopardizing the fundamental principles of decentralization. For the benefit of its customers, Struct Finance is integrating with GMX and using the Liquidity Provider Token (GLP) from GMX to provide predictable returns in the form of Fixed and Variable Returns. GMX is a pioneering decentralized exchange renowned for its cutting-edge features and capabilities, including the GLP token. This token is presently a key component of GMX’s trading system and marks a major industry advance. Struct Finance uses GLP to provide consumers with a stable and variable return while also giving GMX access to liquidity through the GLP token. Through this interface, Struct Finance is able to satisfy the liquidity requirements of the GMX platform while optimizing returns for its consumers.
 
In the past 24 hours, the original meme coin DOGE has demonstrated an increase of nearly 6%. A sizeable sum of 306,260,470 DOGE was moved between internal wallets on the Binance exchange. The rise of Dogecoin by almost 6% closely followed the positive trend of Bitcoin, the leading digital currency In the last 24 hours, DOGE, the original meme coin, has experienced a rise of just under 6.9%. Today, a significant amount of Dogecoin, valued at nearly $20 million, was transferred. The transaction occurred approximately two hours ago. According to a recent tweet from @DogeWhaleAlert, a notable amount of 306,260,470 DOGE was moved between internal wallets on the Binance exchange. Such transfers are common, especially when exchanges engage in activities such as establishing new cold wallets or conducting other operational processes involving stored funds. Dogecoin surges 6.9% alongside Bitcoin Prior to this transfer, Dogecoin witnessed an increase of nearly 6.9%, following the upward trend of Bitcoin, the leading digital currency. Currently, DOGE is valued at $0.06598. BTC experienced a gain of 12.92% in the last 24 hours, reclaiming the $28,000 level and crossing $30,000. This growth can be attributed to the announcement of major Wall Street financial firms, including Fidelity, Charles Schwab, and Citadel Securities, expressing their support for a newly launched cryptocurrency exchange called EDX. Additionally, there are rumors circulating that Fidelity intends to submit an application for a Bitcoin spot ETF, taking inspiration from BlackRock, the world’s largest fund manager, which recently did the same. Furthermore, Ethereum has regained the $1,890 level and is currently being traded at $1,828, according to CoinMarketCap.
 
Conflux currently displays an intriguing Descending Channel Pattern. Traders eye a target price of $0.449 for CFX. In this technical analysis, let’s examine the price action of CFXUSDT within a descending channel pattern on the daily time frame. Technical analysis is a method used by traders and investors to analyze historical price data and identify potential future price movements based on patterns, trends, and indicators. CFXUSDT is a trading pair representing the price of Conflux (CFX) quoted in USDT. The descending channel pattern is a technical chart pattern characterized by a series of lower highs and lower lows, indicating a downward trend in the price movement. From June 10th to June 20th, the price of CFX exhibited a period of consolidation near the support level within the descending channel. This consolidation phase suggests a temporary equilibrium between buyers and sellers, often referred to as a period of indecision. During this time, market participants may be accumulating positions, preparing for a potential shift in market sentiment. The subsequent range breakout, which is the price movement beyond the upper boundary of the consolidation range, indicates a potential change in momentum. Breakouts are significant events in technical analysis as they signify a shift in the balance between supply and demand, often leading to substantial price movements. Currently, the price of CFXUSDT is approaching the resistance area within the descending channel. The resistance level represents a price level at which selling pressure has historically been strong, causing the price to reverse or consolidate. Traders and investors closely monitor the resistance area as a potential key level for a breakout, which could signal a bullish rally and a potential trend reversal. By analyzing the technical patterns and price action, traders can develop trade setups and strategies to capitalize on potential market opportunities. In the following sections, we will outline a trade setup for CFXUSDT based on the observed price dynamics and provide specific entry, target, and stop loss levels to guide traders in their decision-making process. CFX Price Chart (Source: TradingView) CFX Price Analysis: Trade Setup Entry Point: According to the Smart Money Concept, a suitable entry point for this trade setup is at $0.2080, preferably after the breakout above the resistance area. This entry level aligns with the expectation of a bullish rally following the breakout. Target: The target for this trade setup is set at $0.4490, indicating a significant upside potential from the entry level. This target reflects the anticipated price movement once the breakout above the resistance area is confirmed. Traders should consider monitoring the price action and adjust their targets accordingly. Stop Loss: To effectively manage risk, it is recommended to set a stop loss at $0.1900. Placing the stop loss below the entry level helps protect against potential downside risks. Traders should be mindful of adjusting their stop loss level as the trade progresses, considering factors such as price volatility and market conditions. CFXUSDT has been trading within a descending channel pattern, and recent price action suggests a potential bullish breakout. Traders can consider entering the trade after the breakout above the resistance area at $0.2080, with a target set at $0.4490. It is essential to implement a stop loss at $0.1900 to manage risk effectively. As with any trading decision, it is crucial to conduct thorough analysis, monitor the market, and adjust the strategy based on changing conditions. 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.
 
Solana currently displays an intriguing Ascending Channel Pattern Traders eye a target price of $19.35 for Solana. Trading patterns provide valuable insights into the behavior of financial markets, helping traders identify potential opportunities for profit. One such pattern that has emerged on the daily time frame for the Solana cryptocurrency pair is the ascending channel. This pattern is characterized by a rising support line and a parallel resistance line, suggesting a potential bullish outlook for the asset. Over the course of several days, from June 14th to June 20th, SOLUSDT exhibited a consolidation phase within the boundaries of the ascending channel. This period of consolidation indicates a period of indecision among market participants, as buying and selling pressures balanced each other. However, as the price approaches the resistance area of the channel, traders are now closely monitoring for a breakout, which could serve as a confirmation of an upcoming bullish rally. SOL Price Chart (Source: TradingView) SOL Price Analysis: Trade Setup Entry Point: According to the Smart Money Concept, a fresh entry can be taken at $16.40, preferably after the breakout above the resistance area. The idea behind this entry point is to confirm the breakout and participate in the potential bullish momentum that may follow. Target: The target for this trade setup is set at $19.35. This target represents a notable upside potential from the entry level and reflects the expected price movement once the breakout above the resistance area is confirmed. It is important to note that targets are subjective and should be adjusted based on individual risk tolerance and market conditions. Stop Loss: To manage risk effectively, a stop loss is recommended at $16.00. Placing the stop loss below the entry level helps protect against potential downside risks. If the price reverses and hits the stop loss, it would indicate a failed breakout and the trade would be exited to limit losses. Risk management is a crucial aspect of trading, and placing a stop loss is essential to protect against potential losses. For this trade setup, it is recommended to set a stop loss at $16.00, which is positioned below the entry level. This ensures a controlled exit in case the trade does not unfold as expected, minimizing potential downside risks. Traders should be aware that trading involves inherent risks and market conditions can change rapidly. Conducting thorough analysis, considering individual risk tolerance, and staying updated with market developments are essential factors for successful trading. By carefully evaluating the ascending channel pattern, the consolidation phase, and employing risk management strategies, traders can strive to capitalize on potential bullish opportunities in the SOLUSDT market. 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.
 
Polygon Labs has revolutionized the cryptocurrency education landscape with their groundbreaking no-code platform. Introducing Polygon Copilot, the beta AI guide that caters to both novice and experienced users in the cryptocurrency realm. Polygon Copilot, powered by the state-of-the-art ChatGPT-4, is here to tackle the rising complexities of the ‘ZK era’ in cryptocurrencies. Following the establishment of OpenAI’s ChatGPT, prominent figures in the cryptocurrency industry began utilizing it to educate their communities. One notable development came from Polygon Labs, which introduced a novel no-code platform aimed at explaining the fundamentals of Polygon (MATIC) to enthusiasts. The platform even includes pre-designed ChatGPT prompts to facilitate the process of asking questions. Polygon Unveils Polygon Copilot In a beta release, Polygon Copilot, an AI guide trained on publicly available Polygon (MATIC) documentation and general Web3 content, has been launched. This resource enables individuals to enhance their understanding and experience with Polygon (MATIC), irrespective of their level of familiarity with cryptocurrency. The announcement was made on June 21, 2023, via Polygon’s (MATIC) Twitter account. The collaborative effort behind Polygon Copilot involves Polygon Labs and Layer-E, a start-up specializing in the monetization of Web3 content. Leveraging ChatGPT-4, the most advanced publicly accessible offering from OpenAI, Polygon Copilot aims to tackle the growing intricacies of the cryptocurrency landscape during the “ZK era,” as stated by Polygon Labs.
 
The investment management business received $8.6M in exchange for selling 31,500 shares. 73,113 Tesla shares were sold by Cathie Wood’s firm on June 16 for about $19.05 million. Despite the electric vehicle (EV) titan reaching eight-month highs and up over 28% in June, the Cathie Wood-led Ark Invest business cut large Tesla stock holdings on Tuesday. The investment management business received $8.6 million in exchange for selling 31,500 of Elon Musk’s Tesla shares. Ark Invest, led by Cathie Wood, liquidated its Tesla stock holdings the day before Elon Musk’s meeting with the Indian PM because the business plans to invest in India. Yesterday, Tesla stock finished nearly 5% higher, for a monthly gain of 45.31%, trading at $274. Ark Investment has been on a buying and selling binge as it continues to reap huge gains from its holdings in Tesla. When Tesla’s stock dropped last year, Ark pounced. Cathie Backs Coinbase An earlier transaction involving 73,113 Tesla shares was completed by Cathie Wood’s investment management business on June 16 for about $19.05 million. Cathie Wood has been a vocal advocate for Tesla for years, claiming the electric vehicle manufacturer will become a trillion-dollar business in the near future. While visiting the United States, Indian Prime Minister Narendra Modi met with Tesla CEO Elon Musk to explore expanding the company’s operations in India. Elon Musk has been considering opening new Tesla assembly plants in China and India. Moreover, after the Securities and Exchange Commission (SEC) sued Binance, one of Coinbase’s biggest competitors, ARK Invest CEO, and CIO Cathie Wood recently discussed why her flagship fund, Ark Innovation (ARKK), is increasing its position in shares of Coinbase (COIN) with Bloomberg. Ark has invested a total of $1.77 billion over three different funds, with an average entry price of $272.75 to $282.93. Recommended For You: Binance Launches Regulated Digital Asset Platform in Kazakhstan
 
L1TF proposes a maximum quota for LUNC supply in July and August. Terra Classic will transfer from Columbus-5 to Columbus-6 in August and September. In Q3, the Joint L1 Task Force (L1TF), which is responsible for developing the basic infrastructure of Terra Luna Classic, submitted a new proposal to continue the network’s development and maintenance. The L1TF development team primarily aims to use the market module to improve and speed up LUNC and USTC supply reduction. To help external teams like ‘quant’ for USTC repeg, the L1TF plans to enhance the Cosmos SDK, integrate Edward Kim’s Block Entropy AI app chain, allow Token Factory, and more. Significant Updates The project manager for the Joint L1 Task Force LuncBurnArmy has updated the Terra Luna Classic development team on a new proposal for Q3. The team has upgraded the Cosmos SDK to version 0.45.13 and Tendermint to version 0.34.24 and implemented a minimum validator commission of 5%, so they feel confident submitting their Q3 activities and budget. L1TF proposes a maximum quota for LUNC supply in July and August, as well as an upgrade to a stable version of Cosmos SDK and testing of the market module in the USTC test environment. In order to reduce blockchain size and improve efficiency for validators and infrastructure providers, Terra Classic will transfer from Columbus-5 to Columbus-6 in August and September. When it comes to Terra Classic and the ‘quant’ team for USTC repeg, the Joint L1 Task Force will collaborate with Edward Kim to implement the Block Entropy AI app chain. The proposed budget for the third quarter is $133,000 (1.48 billion LUNC). At the conclusion of each quarter, any remaining funds in the budget will be returned to the community pool.
 
The platform will include a number of services tailored to the needs of its Kazakh consumers. Freedom Finance Bank, a Kazakh bank, will provide the banking services. In light of mounting regulatory concerns in the West, the global cryptocurrency exchange Binance has announced the opening of a regulated digital asset platform in Kazakhstan. On June 20, 2023, Binance Kazakhstan and members from the financial sector in Kazakhstan held a press conference to announce the launch of the new platform. A permanent license to provide a digital asset platform and custodial services at the Astana International Financial Centre (AIFC) in Kazakhstan was granted to the cryptocurrency exchange by the AIFC Financial Services Authority in October of last year, following the exchange’s receipt of in-principle approval to operate in Kazakhstan in August. Banking on International Expansion The new platform will include a number of services tailored specifically to the needs of its Kazakh consumers, such as the ability to deposit and withdraw fiat currency and the storage of digital assets. Freedom Finance Bank, a Kazakh bank, will provide banking services that will enable new users of the digital asset exchange to deposit fiat currency into their accounts. Currently, Freedom Finance Bank accepts deposits and withdrawals through bank cards and direct bank transfers for fiat currency. This new action by the most popular cryptocurrency trading platform comes as regulatory concerns mount in the United States and many European nations. U.S. regulatory agency, the Securities and Exchange Commission (SEC) has filed lawsuits against Binance. The SEC is leading the probe against Binance, but European officials are reportedly collaborating with them. On the other hand, Bitcoin (BTC) had a substantial increase of over 8%, up to the $29,000 level. This remarkable price shift has sent shockwaves across the market. Leading major altcoins also witness gains. Recommended For You: U.S Court Grants 120 Days’ Time to SEC in Coinbase Lawsuit
 
TORONTO–(BUSINESS WIRE)–$ETHC–Ether Capital Corporation (“Ether Capital”, “ETHC” or the “Corporation”) (NEO: ETHC) announced today that at the June 16, 2023, annual meeting of shareholders (the “Meeting”), the holders of common shares of the Corporation (“Shareholders”) fixed the number of directors to be elected for the ensuing year at six. Shareholders also authorized and empowered the directors to determine the number of directors of the Corporation from time-to-time within the minimum and maximum number of directors as provided in the articles of the Corporation and the number of directors to be elected at the annual meeting of the shareholders of the Corporation. The percentage of votes cast “for” or “against” from the vote are set forth below. DIRECTOR FOR WITHHELD Brian Mosoff 7,891,786 (98.911%) 86,853 (1.089%) Som Seif 7,919,836 (99.263%) 58,803 (0.737%) Boris Wertz 7,519,284 (94.243%) 459,355 (5.757%) Colleen McMorrow 7,510,635 (94.134%) 468,004 (5.866%) Camillo di Prata 7,510,933 (94.138%) 467,706 (5.862%) Liam Horne 7,891,786 (98.911%) 86,853 (1.089%) The results of these matters considered at the Meeting are reported in the Report of Voting Results as filed on SEDAR (www.sedar.com) on June 21, 2023. About Ether Capital Corporation Ether Capital (NEO: ETHC) is a public company that invests its balance sheet in Ethereum’s native utility token “Ether” as a core strategic asset while generating yield through staking the majority of its Ether balance with the primary goal of being a net-accumulator of Ether. It develops unique intellectual property in its pursuit to maximize profits and optimize total return from staking. Ether Capital’s management team and Board of Directors is composed of crypto natives, leading venture capitalists and traditional finance experts, which uniquely positions the company to identify and capitalize on opportunities in the digital asset ecosystem. For more information, visit http://ethcap.co. The content of this document is for informational purposes only and is not being provided in the context of an offering of any securities described herein, nor is it a recommendation or solicitation to buy, hold or sell any security. The information is not investment advice, nor is it tailored to the needs or circumstances of any investor. Information contained in this document is not, and under no circumstances is it to be construed as, an offering memorandum, prospectus, advertisement, or public offering of securities. No securities commission or similar regulatory authority has reviewed this document and any representation to the contrary is an offence. Information in this press release is current only as of the date provided and Ether Capital is under no obligation to update this information, other than in accordance with applicable securities laws. Contacts Brian Mosoff Chief Executive Officer [email protected] Jillian Friedman Chief Operating Officer [email protected] Ashley Stanhope Senior Associate, KPW Communications [email protected]
 
Top 10 cryptocurrencies are BNB, XRP, DOGE, TRX, LTC, DOT, SHIB, ATOM, LINK, and UNI Bitcoin holds a market dominance of 49.5%. Bitcoin (BTC), the global leader in the cryptocurrency market, experienced a significant surge of over 8%, reaching the $29,000 range. This impressive price movement has had a ripple effect throughout the market, causing several top altcoins to display gains and chart a positive trajectory. In addition the second largest cryptocurrency Ethereum (ETH) climbs about 5.5% to $1,820. The BTC price propelled by two major developments. The world’s leading asset management firm, BlackRock, has announced its intention to launch a Bitcoin Exchange-Traded Fund (ETF) and Deutsche Bank has made a request for a cryptocurrency custody license. The sudden surge in Bitcoin price has attracted renewed investor interest and injected optimism into the crypto market. Further, the top altcoins follow suit with green charts. Let’s look at top 10 cryptocurrencies and it’s price actions. Binance Coin (BNB) Market Cap: $39B 24-H Trading Volume: $657M Despite the downfall in the past few days, which led by the Binance vs SEC lawsuit, BNB seems to be experiencing some gains. At the time of writing, BNB traded at $247, which soared about 2.6% in a day and it’s trading volume skyrockets around 75%. Binance Coin (BNB) Price Chart (Source: CoinMarketCap) Ripple (XRP) Market Cap: $26B 24-H Trading Volume: $1B Recently, Ripple grabs attention in the crypto community as the Ripple vs SEC lawsuit nears ending. Also, the SEC-Ripple case’s final decision will have significant effects on the cryptocurrency market and may set a precedent for how cryptocurrencies should be categorized and regulated. Ripple (XRP) Price Chart (Source: CoinMarketCap) At the time of writing, XRP traded at $0.495, which rose about 2.5% in a day and the 24 hours trading volume soared 35%. Dogecoin (DOGE) Market Cap: $9B 24-H Trading Volume: $280M Dogecoin is the popular memecoin and a favorite coin for Twitter CEO Elon Musk. Also, it never fail to attract crypto investors and enthusiasts. At the time of writing, DOGE traded at $0.06467 with a price surge of over 3.6% in a day and 4% in a week. Also, the meme coin trading volume is up about 84%. Dogecoin (DOGE) Price Chart (Source: CoinMarketCap) TRON (TRX) Market Cap: $6B 24-H Trading Volume: $215M At the time of writing, TRON traded at $0.07044 with a price rally of over 2.5%. Also, recently Arkham, the groundbreaking platform offering comprehensive crypto intelligence, announced the complete integration of the TRON network. Tron (TRX) Price Chart (Source: CoinMarketCap) Litecoin (LTC) Market Cap: $6B 24-H Trading Volume: $707M Litecoin price increased over 9.5% in the last 24 hours and 8.5% in the past to trade as at $84.43. Also, LTC 24 hours trading volume skyrockets over 126%. Litecoin (LTC) Price Chart (Source: CoinMarketCap) Polkadot (DOT) Market Cap: $6B 24-H Trading Volume: $707M Recently Polkadot has unveiled a new network upgrade, introducing significant modifications to its blockchain. DOT price surged over 5.5% in a day to reach $4.69 range. And the altcoins trading volume is up 50%. Polkadot (DOT) Price Chart (Source CoinMarketCap) Shiba Inu (SHIB) Market Cap: $4B 24-H Trading Volume: $128M Shiba Inu is the second largest meme coin. But now it is booming with its later 2 blockchain Shibarium launch, which created hype over the community. SHIB traded at $0.000007289 with a price surge of 2% in the last 24 hours and 5.5% in the past week. Shiba Inu (SHIB) Price Chart (Source CoinMarketCap) Cosmos (ATOM) Market Cap: $3B 24-H Trading Volume: $98M Next to Polkadot, we have Cosmos with a price rally of more than 5.5%. DOT traded at $8.84 with a trading volume surge of 56%. Following these gains, the ATOM market still hints towards an impending bullish scenario. Cosmos (ATOM) Price Chart (Source CoinMarketCap) Chainlink (LINK) Market Cap: $3B 24-H Trading Volume: $201M At the time of writing, Chainlink traded at $5.35 with a rise of approximately 5.5% in a day and 24 hours trading volume rise of 60%. Further, Chainlink launched NFT Floor Price Feeds, which combines decentralized oracle networks with the pricing methodology of Coinbase Cloud. This solution provides developers with reliable and top-notch data on the floor prices of NFTs. Chainlink (LINK) Price Chart (Source CoinMarketCap) Uniswap (UNI) Market Cap: $3B 24-H Trading Volume: $54M Uniswap is the largest decentralized crypto exchange. At the time of writing, Uniswap price soared more than 3% in the last 24 hours and 2% I the past week week to trade at $4.54. Also, UNI trading Volume increased 3%. Uniswap (UNI) Price Chart (Source CoinMarketCap)
 
Ethereum’s value has moved within the last 24 hours, and its position has left a golden cross in the charts. Analysts have noted that the short-term moving average has risen above its long-term average for the first time since 2019. However, Cardano has tumbled in value and has worried investors, but the Tradecurve project has experienced a 30% spike in value as Stage 4 of its presale began this week. >>BUY TCRV TOKENS NOW<< Summary: Ethereum’s future is looking up, as the charts showcase a golden cross forming, indicating that it might be primed for a rally. Cardano has plummeted in value, and has left investors to seek alternatives. Tradecurve has stood out with its rapid Stage 3 presale sales, and will very soon begin Stage 4. Ethereum’s Chat Data Showcases a Golden Cross Form On June 14, 2023, Ethereum traded at a value of $1,741.15. Within the previous week, the low point for the cryptocurrency was at $1,728.24, while the high point was at $1,861.09. During the previous 30 days, Ethereum decreased in value by 4.7%, while in the last 24 hours, Ethereum went up in value by 0.4%. Moreover, Ethereum now trades 64.31% below its all-time high that occurred in November of 2021 at $4,878.26. Ethereum’s golden cross showcase could mean that it is in line for a big rally to occur soon. With the SEC vigorously pushing legal actions against exchanges like Binance and Coinbase, the situation currently remains uncertain. But Ethereum’s fundamentals have remained among the best within the blockchain market, and analysts expect another big change to occur in its value soon. >>BUY TCRV TOKENS NOW<< Cardano Tumbles in Value and Worries Investors When we go over the value of the Cardano cryptocurrency, on June 14, 2023, it traded at $0.273886. During the previous seven days, the low point for Cardano was at $0.238477, while the high point was at a value of $0.330902. However, Cardano has showcased a bearish pattern. In the last 30 days, Cardano decreased in value by 26.2%. In the last week alone, Cardano decreased in value by 16.1%, worrying investors. Those who want to profit from the blockchain space began looking at presale-stage projects that showcase a high level of growth, and Tradecurve has stood out. Tradecurve Stage 4 to Begin Soon Tradecurve as a project stands out to investors and traders as it takes a privacy-oriented approach to trade, where it opens not just the crypto markets but the derivatives markets as well by enabling a truly anonymous, self-custodial platform where anyone can begin trading without completing KYC. The TCRV utility token recently completed Stage 3 of the presale, and began Stage 4. The value of the TCRV token will increase from $0.015 to $0.018, indicating a 30% spike in its value. The presale stage completed much quicker than anticipated, as a flood of investors moved toward the project following the broader bear market looking for profits. But Tradecurve offers a lot more, as users can utilize AI-driven trading bots to optimize their portfolio and can even get high leverage starting at 500:1, with negative balance protection and a VIP account system. All of these aspects, coupled with the Proof of Reserves (PoR) implementation, will help TCRV grow in value by 100x at launch. Learn more about Tradecurve and the TCRV token at the links here: Click Here For Website Click Here To Buy TCRV Presale Tokens Follow Us Twitter Join Our Community on Telegram
 
Tether expands on Kava, enhancing liquidity and offering more blockchain options. KAVA token surges 5% amid wider crypto market recovery. Tether, the leading stablecoin issuer, is expanding its reach by issuing its USDT stablecoin on the Kava blockchain. The move aims to enhance liquidity and provide users with more options across multiple blockchains. Kava is a layer-1 blockchain known for its scalability and speed. It offers a unique co-chain design that combines the flexibility of the Ethereum virtual machine with the interoperability of the Cosmos software development kit. Following the announcement, KAVA, the native token of the Kava blockchain, experienced a surge of 4.8% before settling at $0.912. The token remains over 12% higher in the past 24 hours. Kava’s mainnet upgrade is implemented last month. It improved transaction speeds and the functionality of cross-chain bridges, further enhancing its appeal to users Tether’s decision to launch USDT on Kava solidifies its position as the most widely adopted stablecoin. With a market cap that reached an all-time high of $83.5 billion, Tether continues to gain market share over its main competitor, USD Coin (USDC). Meanwhile, Paolo Ardoino, CTO at Tether, expressed excitement about the partnership, highlighting Kava’s robust track record of security and reliability. The collaboration between Tether and Kava aims to reshape the future of decentralized finance. It also fosters a robust and inclusive ecosystem for users worldwide. As Tether expands its presence on various blockchain networks, it strengthens the stability and accessibility of its stablecoin, further contributing to the growth and adoption of cryptocurrencies in the global financial landscape.
 
Fintechs are an appealing entry point for the Crypto Curious and the next wave of adopters ALPHARETTA, Ga.–(BUSINESS WIRE)–Bakkt Holdings Inc (NYSE: BKKT) (“Bakkt”) released findings from its “Bi-Annual U.S. Consumer Crypto Sentiment Study” of more than 2,000 U.S. consumers who own crypto or are interested in crypto, examining their sentiments, adoption and usage, along with their concerns regarding crypto regulation and consumer protections. Despite recent crypto market turmoil, overall purchase considerations hold steady for Crypto Owners at 84%. Interest amongst the Crypto Curious waned to 27%, down 11 percentage points from Wave 1, which was fielded in October 2022. Overall, almost half (48%) of surveyed participants say their interest in purchasing crypto hasn’t changed, and 30% report an increase in interest. With the collapse of FTX in the rearview mirror, Wave 2 data shows that crypto news and events are not top of mind for respondents, with economic and financial events such as the inflationary environment and recent banking collapses seeing higher unaided recall. Both groups continue to agree that crypto is gaining popularity (78%) and will be more regulated in the future (78%), with only single-digit declines from Wave 1. More than half (58%) also continue to believe that crypto is the next advancement in modern finance. “This study is a testament to continued interest in crypto and the role of regulatory clarity in catalyzing further adoption,” said Bakkt CEO Gavin Michael. “Consumer concerns with security highlight the importance of working with a secure crypto company that prioritizes a regulatory-first and compliant approach.” Regulation will Drive Future Interest Of those who reported a decrease in crypto interest over the past 6 months, regulation was noted as the most prominent driver of rekindling interest. Among the Crypto Curious, increased regulation jumped 20 percentage points in importance from Wave 1, highlighting the growing importance of consumer protections over gains. Although Crypto Owners still feel that increased value of the cryptocurrencies themselves will be the top event that revives their interest (69%), increased crypto regulations moved higher for them as well, jumping 10 percentage points. Security and regulation around purchasing crypto remain a top concern for both (Crypto Owners 60%, Crypto Curious 77%). Furthermore, half of Crypto Owners say they evaluate crypto providers differently following last year’s crypto failures. 45% say that they now review a company’s risk management practices when reviewing providers. Fintechs as an Onramp for the Future Where Crypto Owners acquired their crypto plays a key role in their concern about safety and regulation. Those who purchase crypto primarily through a fintech provider reported significantly lower safety and regulation concerns (54%) than those who primarily purchase through traditional crypto exchanges (66%.) When it comes to trust, traditional exchanges are most out of favor with Crypto Curious, while fintech channels are significantly more trusted. While Owners who buy from crypto exchanges predominantly view crypto as a long-term asset along with a belief in its potential because of blockchain technology, fintech crypto buyers view crypto as a way to diversify their investments, suggesting they view it more in the context of their holistic financial lives. Among all respondents, the use of crypto as a way to send money or make payments is the lowest purchasing motivator. Trust Powering the Next Phase of Crypto Adoption Although the study revealed that trust is a growing barrier for new market entrants, the data also suggests that trust can be built through existing customer relationships, as channels that Crypto Curious are already utilizing are rated as most trustworthy. This includes purchasing from their financial advisor (70%), primary bank or credit union (77%), a favorite brand’s loyalty rewards system (49%) or from a trusted fintech (46%), such as a personal finance app or investing platform. Traditional exchanges are most out of favor with the Crypto Curious, with the fintech channel significantly more trusted than traditional exchanges (46% vs. 36%). About the Study: Commissioned by Bakkt and conducted via the insights automation platform quantilope, the Wave 2 study polled more than 2,000 consumers across the U.S. and was fielded in April 2023, providing insight into how individuals have begun to explore and invest in cryptocurrency in the past six months, as well as those who plan on doing so in the next six months. The Wave 1 survey polled more than 2,000 consumers across the U.S and was fielded in October 2022 to add additional context to how sentiments on crypto have changed post-FTX collapse. To learn more about this research, please click here. About Bakkt: Founded in 2018, Bakkt builds technology that connects commerce. Our vision is to connect the digital economy by offering one platform for cryptocurrency, loyalty, and commerce. We enable our partners and clients to deliver new opportunities to their customers through SaaS and API solutions that unlock crypto and drive loyalty, powering engagement and performance. Bakkt is headquartered in Alpharetta, GA. For more information, visit: https://www.bakkt.com/ | Twitter @Bakkt | LinkedIn https://www.linkedin.com/company/bakkt/. This does not constitute, and should not be construed as, investment advice or a recommendation to buy, sell, or otherwise transact in any investment, including any of the product(s) mentioned herein, or an invitation, offer or solicitation to engage in any investment activity. This information is provided solely on the basis that you will make your own investment decisions, and Bakkt does not take account of any investor’s investment objectives, particular needs, or financial situation. It is strongly recommended that you seek professional investment advice before making any investment decision. Bakkt-C Contacts Lauren Post, VP – Communications [email protected]
 
FREMONT, Calif. & CLEARWATER, Fla.–(BUSINESS WIRE)–TD SYNNEX (NYSE: SNX), a leading global distributor and solutions aggregator for the IT ecosystem, announced today that it has landed at No. 64 on the 2023 FORTUNE 500 List. TD SYNNEX reported revenue of $62.3 billion for fiscal 2022. “Earning this ranking is a result of the great work of our co-workers to drive the growth and evolution of our organization, which ensures we continue to lead the industry and deliver superior solutions to our customers and vendors,” said Rich Hume, CEO, TD SYNNEX. “I am excited for the opportunities ahead for TD SYNNEX as we continue to strengthen our portfolio of solutions and elevate the value we deliver to our stakeholders.” FORTUNE 500 companies are ranked by total revenues for their respective fiscal years ended on or before March 31, 2023. All companies on the list must publish financial data and report part or all of their figures to a government agency. For more information about the FORTUNE 500 List, visit fortune.com/fortune500. About TD SYNNEX TD SYNNEX (NYSE: SNX) is a leading global distributor and solutions aggregator for the IT ecosystem. We’re an innovative partner helping more than 150,000 customers in 100+ countries to maximize the value of technology investments, demonstrate business outcomes and unlock growth opportunities. Headquartered in Clearwater, Florida, and Fremont, California, TD SYNNEX’s 23,500 co-workers are dedicated to uniting compelling IT products, services and solutions from 1,500+ best-in-class technology vendors. Our edge-to-cloud portfolio is anchored in some of the highest-growth technology segments including cloud, cybersecurity, big data/analytics, IoT, mobility and everything as a service. TD SYNNEX is committed to serving customers and communities, and we believe we can have a positive impact on our people and our planet, intentionally acting as a respected corporate citizen. We aspire to be a diverse and inclusive employer of choice for talent across the IT ecosystem. For more information, visit www.TDSYNNEX.com or follow us on Twitter, LinkedIn, Facebook and Instagram. Safe Harbor Statement Statements in this news release that are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 involve known and unknown risks and uncertainties which may cause the Company’s actual results in future periods to be materially different from any future performance that may be suggested in this release. The Company assumes no obligation to update any forward-looking statements contained in this release. Copyright 2023 TD SYNNEX Corporation. All rights reserved. TD SYNNEX, the TD SYNNEX Logo, and all other TD SYNNEX company, product and services names and slogans are trademarks of TD SYNNEX Corporation. Other names and trademarks are the property of their respective owners. Contacts Bobby Eagle Global Corporate Communications 727-538-5864 [email protected]
 
Financing also included participation from major blockchain-focused venture firms Pantera Capital, Binance Labs, Coinbase Ventures, and Apollo Crypto NEW YORK–(BUSINESS WIRE)–Maverick Protocol, a decentralized finance (DeFi) infrastructure provider focused on increasing industry efficiency, has announced a $9M fundraise. The round was led by venture capital firm Founders Fund, with support from other distinguished firms including Pantera Capital, Binance Labs, Coinbase Ventures, and Apollo Crypto. Maverick Protocol was founded to bring greater efficiency to DeFi markets, and this fundraise will be used to expand upon that mission. Specifically, the firm will focus on building more efficient Liquid Staking Token (LST) infrastructure, and solving cross-chain liquidity inefficiencies. New capital will also be utilized to scale the protocol to deploy on new chains, support developers to build on its infrastructure, and attract more projects to its growing ecosystem. “We founded Maverick to provide the critical market infrastructure required to eliminate inefficiencies from DeFi and help the industry grow to new highs,” said Alvin Xu, founding member of Maverick Protocol. “In a very short period of time, we’ve delivered consistently strong levels of capital efficiency to liquidity providers, and equipped token projects with new incentivization tools to build liquidity using precisely targeted rewards. This fundraise enables us to continue building towards our mission of making a stronger, more efficient DeFi ecosystem for everyone.” Maverick Protocol launched in March 2023 with its DEX, powered by a revolutionary native Automated Market Maker (AMM) that enabled liquidity providers (LPs) to achieve higher capital efficiency compared to existing AMMs. Since launch, the protocol has been ranked as top 3 DEX on Ethereum and #1 DEX on zkSync Era by volume, securing more than $37M in total value locked (“TVL”), supporting over $2B in on-chain volume, and achieving an active capital or “capital efficiency” rate of up to 374%. In that time, Maverick has also integrated with projects like Lido, Frax, Liquity, cbETH, Rocket Pool, and Swell. Following that, the platform introduced ‘Boosted Positions,’ a set of surgical incentivization tools that provided token projects with greater control over liquidity, reducing wasted incentives and maximizing the value from reward programs. “Maverick has quickly established itself as a hub for liquid staking token trading whilst having greater capital efficiency for liquidity providers. The company’s surgical approach to decentralized finance will push the entire industry forward,” said Joey Krug, Partner at Founders Fund. Maverick’s latest fundraise follows a seed raise in 2021 and strategic fundraise in 2022. To get started on Maverick or learn more, visit mav.xyz. About Maverick Protocol Maverick Protocol is a new infrastructure for decentralized finance, built to bring higher capital efficiency and greater capital control to traders, liquidity providers, DAO treasuries, and developers, powered by a revolutionary Automated Market Maker (AMM). Learn more at www.mav.xyz or follow us on Twitter @MavProtocol to keep up with the latest news. Contacts Holly Dugan [email protected]
 
French Rapper Naps’ MV Showcases Crypto Exchange KuCoin – A Game-Changing Partnership Elevating Crypto from Geek to Mass Adoption in Pop Music! VICTORIA, Seychelles–(BUSINESS WIRE)–In honor of World Music Day on June 21st, we celebrate the powerful alliance between cryptocurrency and rap culture, as demonstrated by the collaboration between KuCoin, a top global cryptocurrency exchange, and French rapper Naps. This partnership highlights the growing influence of crypto in the pop culture scene, particularly in France, where Naps’ latest music video featuring KuCoin’s brand placement has gone viral, amassing over 7.5 million views and sparking a new cultural phenomenon. The Evolution of Crypto and Rap Collaborations The fusion of crypto and rap music videos can be traced back to the early days of Bitcoin’s rise in popularity. Rap artists, known for their avant-garde approach and exploration of emerging trends, quickly embraced the potential of cryptocurrencies. In 2013, rapper 50 Cent famously became one of the first artists to accept Bitcoin as payment for his album, recognizing its disruptive nature and aligning it with his own brand. Rap music, originating from marginalized communities and serving as a platform for expressing social issues and inequality, found common ground with cryptocurrencies, which promised financial inclusivity and challenged traditional financial systems. In this ever-evolving creator economy, artists worldwide are discovering innovative ways to connect with their audiences and redefine their creative journeys. The rising interest in cryptocurrencies has led numerous talented musicians to delve into new opportunities for financial growth and artistic expression by incorporating crypto investments and themes into their work. As the Web3 movement gains momentum, creators are now embracing a more equitable ecosystem that empowers them to take control of their own destinies. Crypto and Pop Music Collaboration in France On World Music Day, we recognize the growing presence of crypto in French pop culture, as exemplified by Naps’ latest music video subtly integrating KuCoin’s brand placement. This collaboration reflects the global popularity of cryptocurrencies and resonates deeply within the societal context of France, where rap music serves as a powerful voice for the disenfranchised. The Future Role of Crypto in French Culture The collaboration between crypto and rap culture in France opens up exciting possibilities for the future. With cryptocurrencies gaining mainstream recognition, they have the potential to become a catalyst for positive change within the cultural scene, empowering artists and communities and challenging existing power structures. The convergence of crypto and rap culture represents a profound shift in the cultural and financial landscape, exemplifying the power of collaboration between seemingly disparate realms. In France, the integration of cryptocurrencies within pop music, exemplified by Naps’ music video, serves as a mirror to the country’s societal challenges and the spirit of the rap movement. As the influence of crypto continues to grow, its impact on the cultural scene in France will become increasingly pronounced. By empowering artists and communities and challenging existing power structures, cryptocurrencies have the potential to reshape the future of both finance and culture, ushering in a new era of inclusion and creative expression. Crypto Making A Comeback in French Pop Music KuCoin’s notable appearance in the music video of the hit single “C’est carré le S ” by renowned French rapper Naps, featuring Gazo and Ninho, showcases the evolving relationship between the crypto industry and pop culture. The song, which debuted in the first week of May, swiftly soared to the top of France’s SNEP Top Singles chart, captivating listeners with its infectious beats and captivating lyrics. “The collaboration between KuCoin and Naps demonstrates the growing synergy between crypto and popular culture, reflecting the increasing acceptance and adoption of digital assets worldwide across all kinds of investors,” said KuCoin, Managing Director, Alicia Kao.“KuCoin’s appearance in this high-profile music video highlights our commitment to innovation and our ability to connect with a diverse range of individuals across cultural boundaries. As the ‘People’s Exchange,’ we strive to provide a seamless platform for people from all walks of life to engage with digital assets, empowering them to explore the possibilities of the digital financial ecosystem. By supporting the creator economy, we believe that bear markets present opportunities to build stronger communities and foster innovation in the crypto space.” To further engage with their users on World Music Day, KuCoin is launching a crypto meme contest on their social media where users stand a chance to share 1,000 USDT by creating funny crypto-themed memes using any scene in Naps’ music video. More details are available on KuCoin’s Twitter and Instagram. For more information about KuCoin and its services, please visit www.kucoin.com. About KuCoin Launched in September 2017, KuCoin is a global cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community action reach, it offers over 700 digital assets and currently provides spot trading, margin trading, P2P fiat trading, futures trading, staking, and lending to its 27 million users in 207 countries and regions. In 2022, KuCoin raised over $150 million in investments through a pre-Series B round, bringing total investments to $170 million with Round A combined, at a total valuation of $10 billion. KuCoin is currently one of the top 5 crypto exchanges according to CoinMarketCap. Forbes also named KuCoin one of the Best Crypto Exchanges in 2023. In 2022, The Ascent named KuCoin the Best Crypto App for enthusiasts. Contacts For media inquiries, please contact: [email protected]
 
Bullish VRA price prediction for 2023 is $0.00560856 to $0.00803127. Verasity (VRA) price might reach $0.008 soon. Bearish VRA price prediction for 2023 is $0.00311959. In this Verasity (VRA) price prediction 2023, we will analyze the price patterns of VRA by using accurate trader-friendly technical analysis indicators and also predict the future movement of the cryptocurrency. Verasity (VRA) Current Market Status Current Price $0.004911 24 – Hour Trading Volume $15,900,202 24 – Hour Price Change 14.97% Up Circulating Supply 10,305,680,354 All – Time High $0.08683 (On November 01, 2021) VRA Current Market Status (Source: CoinMarketCap) What is Verasity (VRA)? VRA is the native cryptocurrency of the Verasity platform. Verasity is an esports, video entertainment, and digital content management protocol and product layer platform. VRA token is a digital currency designed specifically for value exchange and transfer in the global esports, gaming, NFTs, and video economy. VRA tokens can be staked as part of Verasity’s VRA staking program and used as rewards for participating in the VRA network’s activities. Verasity (VRA) Price Prediction 2023 Verasity (VRA) ranks 351st on CoinMarketCap in terms of its market capitalization. The overview of the Verasity price prediction for 2023 is explained below with a daily time frame. VRA/USDT Descending Channel Pattern (Source: TradingView) In the above chart, Verasity (VRA) laid out a descending Channel Pattern. Descending Channel Pattern also known as the falling channel. A descending channel is formed by two parallel trendlines. The upper trendline, which joins the highs, and the lower trendline, which joins the lows, run parallelly downwards. This pattern is the characteristic of a bearish market. At the time of analysis, the price of Verasity (VRA) was recorded at $0.00469548. If the pattern trend continues, then the price of VRA might reach the resistance levels of $0.00483323, $0.00535524 and $0.00627852. If the trend reverses, then the price of VRA may fall to the support of $0.00439635 and $0.00399201. Verasity (VRA) Support and Resistance Levels The chart given below elucidates the possible resistance and support levels of Verasity (VRA) in 2023. VRA /USDT Support and Resistance Levels (Source: Tradingview) From the above chart, we can analyze and identify the following as the resistance and support levels of Verasity (VRA) for 2023. Resistance Level 1 $0.00560856 Resistance Level 2 $0.00803127 Support Level 2 $0.00415948 Support Level 1 $0.00311959 VRA/USDT Support and Resistance Level As per the above analysis, if Verasity’s (VRA) bulls take the lead, then it might hit and break through its resistance level of $0.00803127. Conversely, Verasity’s (VRA) bears dominate the trend, the price of VRA might plunge to $0.00311959. Verasity (VRA) 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 Verasity (VRA) are shown in the chart below. VRA /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. Also, it helps traders in identifying unusual trading activity and changes in market sentiment. At the time of analysis, the RVOL of Verasity (VRA) was found below the cutoff line. Thus, it denotes a weak volume of 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 50MA, it is considered to be in an uptrend (bullish), and if laid below 50MA, it is in a downtrend (bearish). Notably, in the above chart, the VRA price lies above 50 MA (short-term), indicating its uptrend. Hence, VRA is in a bullish state. Although this is the current state, a trend reversal might occur. Next up is the Relative Strength Index (RSI). Significantly, 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 lies between a range of 0 and 100. Hence, the readings above 70 indicate an overbought state, and below 30 indicate an oversold state. Significantly, traders often use the RSI to identify potential trend reversals or to confirm the trend’s direction. 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 is in an oversold reading of 30, it may suggest a potential reversal. At the time of analysis, the RSI of VRA is at 56.08. Therefore, this indicates VRA is neither an overbought nor oversold state. Verasity (VRA) Price Prediction 2023 — ADX, RVI In the below chart, we analyze the strength and volatility of Verasity (VRA) using the following technical analysis indicators – Average Directional Index (ADX) and Relative Volatility Index (RVI). VRA /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 VRA lies in the range of 26.83 pointing out a strong trend. The above chart also displays another technical indicator – the Relative Volatility Index (RVI). This indicator measures the volatility of an asset’s price movement over a specific period. With respect to the chart’s data, the RVI of VRA lies above 50, indicating high volatility. Comparison of VRA with BTC, ETH Let us now compare the price movements of Verasity (VRA) with that of Bitcoin (BTC), and Ethereum (ETH). BTC Vs ETH Vs VRA Price Comparison (Source: Tradingview) From the above chart, we can interpret that the price action of VRA is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of VRA also increases or decreases respectively. Verasity (VRA) Price Prediction 2024-2030 With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Verasity (VRA) between 2024 and 2030. Verasity (VRA) Price Prediction 2024 If bulls dominate the price momentum and trend patterns, then Verasity (VRA) might successfully test and surpass its resistance levels to hit $0.05 by 2024. Verasity (VRA) Price Prediction 2025 The significant upgrades in the Verasity ecosystem might persuade the entry of an increased number of investors. This may eventually boost the Verasity (VRA) price to reach $0.09 by 2025. Verasity (VRA) Price Prediction 2026 If Verasity (VRA) successfully tests its major resistance levels and continues to move upside, then it would rally to hit $0.1. Verasity (VRA) Price Prediction 2027 If Verasity (VRA) sustains major resistance levels and stands as a better investment option in the market, then VRA would rally to hit $0.3 Verasity (VRA) Price Prediction 2028 If Verasity (VRA) holds a positive market sentiment amid the highly-volatile crypto market by driving significant price rallies, then VRA would hit $0.5 by 2028. Verasity (VRA) Price Prediction 2029 If investors flock in and continue to place their bets on Verasity (VRA), then the crypto would witness major spikes. Hence, VRA might hit $1 by 2029. Verasity (VRA) Price Prediction 2030 By 2030, the VRA price might rally to $3 if the trend momentum aligns in favor of Ripple. Furthermore, VRA would hold a positive market sentiment and be labeled as a long-term investment with highly profitable ROI. Conclusion If Verasity (VRA) establishes itself as a good investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish Verasity (VRA) price prediction for 2023 is $0.00803127. Comparatively, the bearish Verasity (VRA) price prediction for 2023 is $0.00311959. If there is a positive elevation in the market momentum and investors’ sentiment, then Verasity (VRA) might hit $0.08. Furthermore, with future upgrades and advancements in the Verasity ecosystem, VRA might surpass its current all-time high (ATH) of $0.08683 and mark its new ATH. FAQ 1. What is Verasity (VRA)? Verasity is a protocol layer platforms for esports, video entertainment, and digital content management. 2. Where can you buy Verasity (VRA)? Traders can trade Verasity (VRA) on the following cryptocurrency exchanges such as Binance, Bitfinex, Bittrex, Bybit and OKX. 3. Will Verasity (VRA) record a new ATH soon? With the ongoing developments and upgrades within the Verasity platform, Verasity (VRA) has a high possibility of reaching its ATH soon. 4. What is the current all-time high (ATH) of Verasity (VRA)? Verasity (VRA) hit its current all-time high (ATH) of $0.08683 on November 01, 2021. 5. What is the lowest price of Verasity (VRA)? According to CoinMarketCap, VRA hit its all-time low (ATL) of $0.000217 on May 17, 2019. 6. Will Verasity (VRA) hit $0.008? If Verasity (VRA) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $0.008 soon. 7. What will be the Verasity (VRA) price by 2024? Verasity (VRA) price might reach $0.05 by 2024. 8. What will be the Verasity (VRA) price by 2025? Verasity (VRA) price might reach $0.09 by 2025. 9. What will be the Verasity (VRA) price by 2026? Verasity (VRA) price might reach $0.1 by 2026. 10. What will be the Verasity (VRA) price by 2027? Verasity (VRA) price might reach $0.3 by 2027. Top Crypto Predictions Bitcoin (BTC) Price Prediction 2023 Baby Doge Coin (BABYDOGE) Price Prediction 2023 Sui (SUI) 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.
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