Recent data reveals a movement of 27.6 billion SHIB. Anonymous wallets shift 17 billion Shiba Inu to leading exchanges: Binance and Coinbase Large volume of SHIB purchased on Binance, including 1.1 billion SHIB acquired via jump trading Recent data shared by Etherscan indicates significant transfers of Shiba Inu meme coins within the past few hours. A total of 27.6 billion Shiba Inu were moved in five transactions, with the largest transfer consisting of 10 billion SHIB. Anonymous wallets were responsible for moving approximately 17 billion Shiba Inu to addresses associated with leading crypto exchanges, namely Binance and Coinbase. Additionally, 6,039,968,812 SHIB were sent to a Coinbase 10 wallet, while 9,988,799,999 SHIB were transferred to Binance 14 wallet by an anonymous whale. Source: Etherscan Shiba Inu whales moving SHIB after surge It appears that these particular portions of Shiba Inu were intended for selling purposes by their owners. However, the data suggests a larger volume of SHIB was bought, including 1,140,690,612 SHIB acquired on Binance through the company Jump Trading. Furthermore, 6,039,968,812 SHIB were sent from the Binance 14 wallet to an anonymous address, and 4,569,449,905 SHIB meme coins were transferred from one unknown address to another. Last week, Whale Alert, a popular crypto tracker, reported two substantial transfers of Shiba Inu, each involving the movement of 3,811,233,843,288 SHIB tokens from an anonymous address to a new wallet. According to recent data shared by Shibburn, the burn rate of SHIB has experienced a significant increase of over 1,000% within the last 24 hours. A total of 15,487,160 SHIB coins were destroyed during this period. The SHIB community continues to actively burn these meme tokens, effectively removing them from circulation by transferring them to dormant wallets.

Any unsatisfied party has eight days to file an appeal. Do Kwon stated that he has never met or conducted business with Milojko Spajic. On Monday, the Basic Court of Montenegro decided in favor of the prosecution in the passport falsification case, convicting Terra co-founder Do Kwon and former CFO Han Chang-joon. Within the next six months, Montenegrin officials will have completed their investigation and legal process necessary to extradite Terra co-founder Do Kwon to South Korea. Judge Ivana Becic of the Montenegrin Court found on June 19 that defendants Do Kwon and Han Chang-joon used counterfeit Costa Rican passports to try to board a trip to Dubai in March. The case was heard in the Basic Court. Both were given prison terms of four months, which will encompass the period they were detained from March 23 to June 15. Eight Days to File an Appeal Moreover, the judge quickly stated her reasoning for reducing the punishment. She also said that the unsatisfied party has eight days from the time they received the written decision to file an appeal. Earlier, Montenegro’s highest court granted bail to Do Kwon and Han Chang-joon on June 15. However, the Montenegrin High Court mandated up to six months in extradition detention at South Korea’s request. As a result, they’ll both be held in custody. Do Kwon and Han Chang-joon claimed on June 16 that they were unaware their passports issued under the economic citizenship program were counterfeit as they traveled the globe using documents purporting to be from Costa Rica and Belgium. Do Kwon, founder of Terra, said he acquired these passports in Singapore. In addition, Do Kwon stated before the SDT and the defense lawyers that he has never met or conducted business with the ex-finance minister, Milojko Spajic.

ETH has displayed a Descending Channel Pattern on the daily time frame Traders may consider entering a long position at $1650, targeting $1890 Ethereum (ETH) has recently displayed a Descending Channel Pattern on the daily time frame, indicating a prevailing bearish trend. However, it is important to note that technical patterns are not infallible and can sometimes provide opportunities for trend reversals. In this trade setup, we will explore the potential for a bullish trend reversal in ETH. And discuss the entry point, target, and stop loss levels for a long position. The Descending Channel Pattern is characterized as a series of lower highs and lower lows, forming parallel trendlines that converge towards each other. More so, this pattern suggests a gradual weakening of bullish momentum and a potential continuation of the bearish trend. However, it is important to remain open to the possibility of a breakout and trend reversal. Ethereum Price Analysis: Trade Setup Entry: Following the Smart Money Move concept, we recommend considering a long position in ETH at $1650. This level is identified as an opportune entry point, taking into account the potential breakout from the Descending Channel Pattern. By entering at this level, traders and investors aim to capitalize on a potential shift in market sentiment towards the bullish side. Target: Our target for this trade setup is set at $1890. This target represents a significant upside potential from the breakout level, reflecting the expected price movement following a successful trend reversal. In addition, traders can look to book profits around this level or adjust their targets based on subsequent market developments. Stop Loss: To effectively manage risk, it is advisable to set a stop loss at $1620. This stop-loss level is strategically placed below the entry point, providing a buffer against potential downside risks. Even more, by implementing a stop loss, traders can limit potential losses in the event that the anticipated trend reversal does not materialize. Ethereum Price Analysis: ETH’s Descending Channel Pattern While Ethereum (ETH) has display a Descending Channel Pattern on the daily time frame, shows a bearish trend. Moreso, it is important to remain open to the potential for a trend reversal. By entering a long position at $1650, with a target set at $1890. And traders can position themselves to take advantage of a breakout and potential bullish momentum. However, risk management is crucial, and setting a stop loss at $1620 helps protect against adverse price movements. More so, as with any trading decision, it is recommended to conduct thorough analysis and consider personal risk tolerance before executing trades. 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.

Binance Markets Limited did not launch its services and had zero consumers. The FCA demanded that Binance cease all UK regulatory efforts in 2021. The UK Financial Conduct Authority (FCA) has granted the request to deregister Binance Markets Limited (BML) made by the world’s biggest crypto exchange, Binance. Due to increased scrutiny from authorities, Binance Markets Limited did not launch its services and had zero consumers. Binance, a popular cryptocurrency exchange, is having further problems as it pulls out of the Dutch and Cyprus markets recently due to regulatory uncertainties. No Longer Authorized by FCA Binance Markets Limited’s deregistration with the UK’s Financial Conduct Authority (FCA) was finalized on May 30. There is currently no other Binance company that has FCA authorization to provide regulated services in the UK. The authorities stated: Since Binance Markets Limited never provided any services and had no users, its deregistration does not affect Binance operations, according to Ilir Laro, sub-regional manager for growth in the UK and Europe at Binance. Laro further added: Since launching its cryptocurrency service in 2020, Binance has been at odds with UK officials. The Financial Conduct Authority demanded that Binance cease all UK regulatory efforts in 2021. Despite the company’s problems in the United States, Binance’s chief strategy officer Patrick Hillmann recently stated the company’s intention to become regulated in the United Kingdom.

LTC displays an ascending triangle pattern, indicating a bullish trend. Traders eye a target price of 84.8 for LTC Litecoin (LTC) forms an ascending triangle pattern, a bullish technical formation that has caught the attention of cryptocurrency traders and investors alike. Moreover, with a target price of $84.8 and an entry point set at $74.95, market participants are eagerly monitoring this pattern for potential price breakouts. LTC Price Chart (Source: TradingView) Added to this, the ascending triangle pattern in LTC is characterized by a horizontal resistance level, formed by multiple price highs, and a rising trendline acting as support, marked by higher swing lows. Moreso, this pattern signifies an equilibrium between buyers and sellers, often leading to an eventual bullish breakout. In addition, traders and technical analysts have been closely studying LTC’s price action within the ascending triangle, recognizing the potential for a sustained upward move in the near future. – LTC Technical Analysis: Trade Setup Entry: For this trade setup, it is advisable to enter a long position once the price of Litecoin successfully breaks above the consolidation range, particularly surpassing the level of $74.95. Moreover, this breakout indicates a bullish signal, potentially leading to a significant upward move in LTC’s price. Target: The target for this trade setup is $84.8. This level represents a substantial potential upside from the breakout level, indicating the anticipated bullish momentum in Litecoin. In addition, traders and investors can consider this target as an objective to take profits from the trade. Stop Loss: Even more, to manage risk effectively, it set a stop loss at $73.8. Placing the stop loss below the lower boundary of the consolidation range helps protect against potential downward movements that may invalidate the bullish setup. By implementing a stop loss, traders can limit potential losses in case the trade does not go as anticipated. LTC Shows Ascending Triangle Pattern Even more, while technical patterns like the ascending triangle can provide insights into possible price movements, it’s important to consider additional factors that could impact LTC’s trajectory. In addition, the market conditions, investor sentiment, and broader cryptocurrency trends may also influence the price action of LTC. According to CoinMarketCap, the LTC price is trading at $76.49, at the time of writing. To note, traders and investors advised to keep a close eye on Litecoin (LTC) in the coming days as the ascending triangle pattern unfolds. Moreover, the potential breakout above the resistance level could generate significant trading opportunities. However, it is crucial to conduct thorough research, consider multiple indicators, and consult with financial professionals before making any investment decisions. 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.

What Exactly is the Proposed Governance? The entire supply of $SWEAT allotted for these accounts is around 2.5 billion tokens or nearly 13% of the total supply. Under normal conditions, the project and the community have no recourse for reclaiming these tokens. In our instance, however, 90% of the TGE tokens were locked up in a lockup contract that was meant to release the remaining tokens over the course of 24 months, and the foundation retains the keys to this contract, offering us a unique chance to repurpose these “abandoned” tokens. This suggestion is a stage of a two-phase process. We have already finished the first stage and saw incredible community involvement. For outcomes, see below. Community Members Have Two Options: If you vote “Yes,” the 2 billion idle SWEAT tokens will be retrieved and returned to the Sweat Treasury for possible future distribution (or other uses as determined by further votes in #2 below), and if you vote “No,” the tokens will remain in dormant user accounts. At the Start of the Voting, the Community Provided the Following Feedback: The outcomes: (The in-app live result is shown upon the casting of the vote; the screenshot above displays the outcome.) The whole user experience takes place inside the Sweat Wallet app. Users are not needed to link their wallets or do any cross-platform operations. Between June 7 at 1 PM UTC and June 14 at 1 PM UTC, 355,506 votes were cast in the election. The majority of respondents (83%) supported the release of idle tokens that were kept in dormant user accounts. We will now transfer 2.4 billion SWEAT tokens (precise quantity to be updated) from tge-lockup.sweat to governance.treasury.sweat (execution in process, on-chain evidence to be updated) in order to respect the outcome. These tokens will be kept by us in a governance.treasury.sweat; they won’t be used in any manner till the second portion of the proposal is finished (see below). Next, What? We’ll present it to the community for a vote in a subsequent vote on whether to distribute the 2B tokens to our US launch in September 2023. More information is coming. What do we believe? Our target was 350,000 votes, but we exceeded it by 5,506 after receiving 355,506 in only 7 days. Oleg Fomenko, a co-founder of Sweat Economy, stated: Our system of governance is built on the tenet that each token holder has one vote, and everyone is allowed to have an impact on the project as long as they have any SWEAT. Following the vote, our technical team updated the lockup contracts, which generated a lot of activity on the NEAR blockchain. To maintain stability on the mainnet, we carefully collaborated with the NEAR team (see also Oleg Fomenko’s tweet). How did we manage it? In our last vote for governance, 153,783 people participated. Increased participation of over +130% was seen this time around because of the larger amount of SWEAT tokens involved, pre-launch socializing of the issue via Discord AMA, and enhanced UX in the app. We’ve provided enough time and chances for the community to learn about the proposal and voice questions before the launch.

Do Kwon denies passport forgery, and blames the Chinese agency in a legal battle. Alleged financial ties between Do Kwon and Montenegrin politician disputed. Terraform Labs founder, Do Kwon, firmly denied allegations of forging travel documentation and distanced himself from any financial connections with Europe Now party leader, Milojko Spajić, during a Montenegro court hearing. Kwon attributed the alleged passport forgery to a Chinese-named agency. According to a report by South Korean news outlet Segye Ilbo on June 17, Kwon revealed in court that he had obtained his passports, including a Costa Rican passport, through third-party “agencies” recommended by acquaintances. He argued that he had used his Costa Rican passport without any doubts about its authenticity throughout the years. When pressed for details about the agency responsible for procuring his passports, Kwon admitted to being unable to recall the precise name, only mentioning that it was “in Chinese.” Endless Court Turmoil During the hearing, Kwon vehemently denied allegations of financial donations to Milojko Spajić, the current leader of the Europe Now party. Despite Kwon’s claims of innocence, reports have circulated in Korean media for years. It suggests his clandestine sponsorship of a prominent Montenegrin politician using illicit funds. Judge Ivana Becić, presiding over the case, announced that a verdict on the forgery charges would be delivered on June 19. Meanwhile, Kwon will remain in extradition custody for a maximum of six months as the court reviews extradition requests from South Korea. Kwon, along with former Terraform Labs Chief Financial Officer Han Chong-joon, was initially arrested in Montenegro on March 23. He allegedly possessed forged documents while attempting to depart for Dubai on a private flight. The court initially approved their bail of 400,000 euros, but they later overturned the decision on appeal. However, on June 5, they dismissed their appeal. The collapse of Terraform Labs’ Terra ecosystem in May 2022 resulted in substantial losses estimated at up to $40 billion. Kwon’s ongoing custody in Montenegro, coupled with extradition requests from South Korea and the United States. Further compound his legal predicament, potentially leading to imprisonment for the document forgery charges.

Binance USD (BUSD), was one of the top dollar-pegged stablecoins in the crypto market, but its growth has taken a side track since its issuer was sued by the Securities and Exchange Commission (SEC). The market cap of BUSD has now been on a decline, causing it to fall to the position of the fourth biggest stablecoin. Meanwhile, the rest of the cryptocurrency market has been on an upward trajectory, with Tradecurve catching the attention of investors with its 30% price increase in a week. Binance USD (BUSD) Stablecoin Slides to Fourth Binance USD (BUSD), a dollar-pegged stablecoin issued by Paxos is now ranked as the fourth largest stablecoin, following a $1 billion dip in its market capitalization over the last 30 days. At the time of this writing, BUSD has a market cap of $4.295 billion and still maintains its 1:1 ped with the U.S. dollar. At its peak, Binance USD (BUSD) had a market cap north of $23 billion. The steep decline in the market cap of Paxos’s BUSD can be traced back to the collapse of FTX in November 2022 when the stablecoin was linked to the failed crypto exchange. Stablecoins naturally act as a safety net for cryptocurrency investors because of their 1:1 peg to the U.S. dollar, and the link BUSD had to FTX threatened that. In February 2023, Paxos would be investigated by the SEC and New York Department of Financial Services (NYDFS), with the latter ordering the stablecoin issuer to halt the minting and issuance of BUSD. These episodes together contributed to the decline of BUSD’s market cap from above $23 billion to $4.295 over the last seven months. Tradecurve Price Increases By 30%,, What’s Behind the Bullish Momentum? Unlike BUSD which has struggled with declines, Tradecurve has been on the rise, with its price increasing by 30% over the last week to reach a new high at $0.018. The primary drive for the recent TCRV price jump is the bullish sentiments market experts have expressed over Tradecurve’s potential to rekindle interest in the decentralized finance (DeFi) space through its connection to massive liquidity. Tradecurve is building the first DeFi platform that will seamlessly bridge the global derivatives market, including forex, option, ETFs, stocks, and commodities, with the nascent cryptocurrency market. The new trading platform will allow its users to trade all these assets from a single account, thus, acting as a bridge for the DeFi industry to tap into the massive OTC derivatives market that was valued at $632 trillion by the Bank for International Settlements in June 2022. Cryptocurrency market analysts have predicted that the volumes of the OTC market will not only provide liquidity for Tradecurve and the DeFi space but also be the source of massive price gains for the TCRV utility token. Now priced at $0.018 in the fourth stage of the Tradecurve presale, market analysts have predicted that the price of the token could shoot up to $1.5 before the end of 2023. For more information about the Tradecurve presale: Click Here For Website Click Here To Buy TCRV Presale Tokens Follow Us Twitter Join Our Community on Telegram

~Web3 Leaders Tackle Centralization vs. Decentralization Debate at Proof Of Talk ~ PARIS–(BUSINESS WIRE)–A captivating panel discussion at the Proof Of Talk conference in Paris featured Dorian Vincileoni, Head of Business Development, Europe at KuCoin, alongside industry leaders from BitMEX, Messari, and Ceffu (formerly Binance Custody). The panel, moderated by Peter Zemsky, the Deputy Dean of INSEAD, addressed the contentious issue of centralization’s role in the rapidly evolving Web3 landscape and explored the challenges and opportunities arising from the interplay between centralization and decentralisation. KuCoin Europe Business Development Head, Dorian Vincileoni emphasised the importance of both centralised and decentralised elements coexisting and playing a beneficial role in the Web3 paradigm. He highlighted how centralised structures can act as stepping stones towards full decentralisation, providing the necessary infrastructure, support, and user experience to facilitate the adoption of decentralised technologies. Throughout the conversation, the panellists acknowledged the challenges and opportunities presented by the tension between centralization and decentralisation. Emphasizing that CEX and DEX are joining forces to revolutionize the future of crypto trading, catering to the needs of all investors. Centralized exchanges (CEX) will drive mass adoption, while decentralized exchanges (DEX) may remain the preferred choice for mature investors. By focusing on building trust, transparency, and fostering collaboration between centralized and decentralized participants, the industry aims to collectively promote innovation and growth, enabling investors to freely diversify their assets across both platforms. Centralised exchanges will continue to focus on building trust and transparency across all stakeholders. They emphasised the need for collaboration and interoperability between centralized and decentralized players to foster innovation and drive growth in the industry. Trust-building as a centralized player in a decentralized environment was another key topic of discussion. Vincileoni highlighted KuCoin’s commitment to user asset safety, transparency, and a user-centric platform, stressing the importance of robust security measures, transparency initiatives such as Proof of Reserves (PoR), and maintaining a user-friendly experience. Looking ahead, the panellists expressed their belief that centralised elements will continue to have a place within Web3, albeit in a more collaborative and integrated manner with decentralised systems. They acknowledged the value that centralised players like KuCoin can provide in terms of services, support, and infrastructure to facilitate the growth and adoption of decentralised technologies. The panel discussion today generated insightful conversations and deepened the understanding of the centralization-decentralisation debate within the Web3 ecosystem. By striking the right balance between these two paradigms, the industry aims to develop a robust Web3 ecosystem that benefits all stakeholders. For more information about the panel discussion or to schedule an interview with Dorian Vincileoni, Head of Business Development, Europe please contact KuCoin’s media relations team at [email protected] 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. To find out more, visit https://www.kucoin.com Contacts For media inquiries, please contact: [email protected]

DUBAI, United Arab Emirates–(BUSINESS WIRE)–#B2Broker–B2Broker, an industry-leading liquidity and technology provider, has added Non-Deliverable Forwards (NDFs) to its existing range of liquidity options. This addition shows the company’s dedication to providing a full range of asset options and top-quality risk management tools to their clients. Now, B2Broker supports virtually every major asset class, including: Rolling Spot FX & Precious Metals Crypto Derivatives/CFDs Single Stocks/CFDs Equity Indices Energies Commodities ETFs NDFs The new offering by B2Broker grants clients access to the most liquid markets in today’s global economy and offers significant advantages in terms of pricing, liquidity, order execution, and hedging. NDFs: An Overview NDFs are a type of financial derivative used in global trade to guard against losses caused by currency exchange rate changes. These contracts enable buyers and sellers to lock in an agreed-upon exchange rate at the outset of the transaction, with the difference between the agreed rate and the prevailing market exchange rate settled in cash at a later date. No physical exchange of currencies occurs in NDF transactions. NDFs are especially useful for managing risk in emerging markets where it may not be practical to use local currency forwards. They provide businesses with a cost-effective way to handle currency exposure, allowing parties to protect themselves against possible losses when conducting international operations. NDF Currencies at B2Broker B2Broker provides clients with a comprehensive selection of NDF currency pairs to protect themselves against price fluctuation risks in numerous developing markets. Among these pairs are: USD/BRL USD/CLP USD/COP USD/IDR USD/INR USD/KRW USD/TWD What B2Broker Liquidity Offers B2Broker offers clients a more flexible and convenient option for NDFs by structuring them as Contracts For Difference (CFDs). Unlike traditional NDFs that have a settlement period of T+30, B2Broker clients can receive their settlements the next business day through CFD contracts. This improvement reduces settlement risks and speeds up the process, providing clients with an enhanced level of security and effectiveness. B2Broker offers its clients some of the most competitive commission rates available in the market, with an emphasis on providing institutional and retail brokers with the best possible service. Reduced Margin Requirements on 10 Additional Crypto CFDs In addition to adding a new asset class, B2Broker has decreased margin requirements from 20% to 10% on these particular pairs: BNB/USD DSH/USD TRX/USD XMR/USD ZEC/USD SOL/USD DOT/USD LNK/USD AVA/USD ATM/USD Updated PoP Institutional Liquidity Offer B2Broker has upgraded its PoP institutional liquidity packages by integrating connectivity points for Prime Margin Accounts through OneZero, PrimeXM, and Centroid. This improvement allows clients to take advantage of STP/DMA (A-book model) terms resulting in genuine market execution and complete transparency. Additionally, B2Broker offers technical assistance 24/7 to guarantee seamless execution. B2Broker provides an effortless onboarding experience with their free setup of the Prime Margin Account. Also, clients are able to benefit from affordable monthly minimum liquidity fees against traded volume. About B2Broker B2Broker is the premier provider of technology and liquidity for financial institutions, crypto exchanges, and brokers. With its suite of services, B2Broker gives customers access to 800+ trading instruments across 8 asset classes allowing them to trade with confidence. With the latest update to its liquidity offerings, B2Broker stands to cement its position as a global leader in the B2B space. Contacts [email protected] +44 208 068 8636

Bullish KAVA price prediction for 2023 is $1.148 to $1.915. Kava (KAVA) price might reach $1.5 soon. Bearish KAVA price prediction for 2023 is $0.518. In Kava (KAVA) price prediction 2023, we use statistics, price patterns, RSI, RVOL, and other information about KAVA to analyze the future movement of the cryptocurrency. Kava (KAVA) Current Market Status Current Price $0.819 24 – Hour Trading Volume $28,542,011 24 – Hour Price Change 0.47% Down Circulating Supply 579,710,883 All – Time High $9.1926 (On September 09, 2021) KAVA Current Market Status (Source: CoinMarketCap) What is Kava (KAVA)? Kava is a cross-chain decentralized financial platform (DeFi) that enables users to obtain credit by blocking collateral in exchange for USDX, a stable currency pegged to the US dollar. The protocol built on Cosmos uses ecosystem partitions to provide interoperability and support for cryptocurrencies hosted on disparate blockchains such as Bitcoin and XRP. Kava Token (KAVA) is a native governance token and a shared asset of the Kava protocol. Token holders are responsible for regulating the protocol, voting on smart contracts and proposals for operating parameters, securing the network and acting as the lender of last resort. Kava (KAVA) Price Prediction 2023 Kava holds the 74th position on CoinGecko right now. KAVA price prediction 2023 is explained below with a daily time frame. KAVA/USDT Horizontal Channel Pattern (Source: TradingView) In the above chart, Kava (KAVA) laid out a Horizontal Channel Pattern, Horizontal Channel Pattern also known as the sideways trend. In general, the horizontal channel is formed during the price consolidation. In this pattern, the upper trendline, the line which connects the highs, and the lower trendline, line which connects the lows, run horizontally parallel and the price action is contained within it. A horizontal channel is often regarded as one of the suitable patterns for timing the market as the buying and selling points are in consolidation. At the time of analysis, the price of Kava (KAVA) was recorded at $0.799. If the pattern trend continues, then the price of KAVA might reach the resistance levels of $1.126 and $1.838. If the trend reverses, then the price of KAVA may fall to the support of $0.886 and $0.695. Kava (KAVA) Support and Resistance Levels The chart below shows the support and resistance levels of Kava (KAVA). KAVA/USDT Resistance and Support Levels (Source: TradingView) From the above daily time frame, we can clearly interpret the following as the resistance and support levels of Kava (KAVA). Resistance Level 1 $1.148 Resistance Level 2 $1.915 Support Level 1 $0.756 Support Level 2 $0.518 KAVA/USDT Support and Resistance Level As per the above analysis, if Kava’s (KAVA) bulls take the lead, then it might hit and break through its resistance level of $1.915. Conversely, if Kava’s (KAVA) bears dominate the trend, the price of KAVA might plunge to $0.518. Kava (KAVA) 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 Kava (KAVA) are shown in the chart below. KAVA/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 Kava (KAVA) 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 KAVA price lies below 50 MA (short-term), indicating its downward. Hence, KAVA is in a bearish 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 KAVA is at 39.31. Therefore, this indicates KAVA is neither an overbought nor oversold state. Kava (KAVA) Price Prediction 2023 — ADX, RVI In the below chart, we analyze the strength and volatility of Kava (KAVA) using the following technical analysis indicators – Average Directional Index (ADX) and Relative Volatility Index (RVI). KAVA/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 KAVA lies in the range of 16.429 pointing out a weak 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 KAVA lies below 50, indicating high volatility. Comparison of KAVA with BTC, ETH Let us now compare the price movements of Kava (KAVA) with that of Bitcoin (BTC), and Ethereum (ETH). BTC Vs ETH Vs KAVA Price Comparison (Source: TradingView) From the above chart, we can interpret that the price action of KAVA is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of KAVA also increases or decreases respectively. Kava (KAVA) Price Prediction 2024-2030 With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Kava (KAVA) between 2024 and 2030. Kava (KAVA) Price Prediction 2024 If bulls dominate the price momentum and trend patterns, then Kava (KAVA) might successfully test and surpass its resistance levels to hit $3 by 2024. Kava (KAVA) Price Prediction 2025 The significant upgrades in the Kava ecosystem might persuade the entry of an increased number of investors. This may eventually boost the Kava (KAVA) price to reach $5 by 2025. Kava (KAVA) Price Prediction 2026 If Kava (KAVA) successfully tests its major resistance levels and continues to move upside, then it would rally to hit $7. Kava (KAVA) Price Prediction 2027 If Kava (KAVA) sustains major resistance levels and stands as a better investment option in the market, then KAVA would rally to hit $9. Kava (KAVA) Price Prediction 2028 If Kava (KAVA) holds a positive market sentiment amid the highly-volatile crypto market by driving significant price rallies, then KAVA would hit $11 by 2028. Kava (KAVA) Price Prediction 2029 If investors flock in and continue to place their bets on Kava (KAVA), then the crypto would witness major spikes. Hence, KAVA might hit $13 by 2029. Kava (KAVA) Price Prediction 2030 By 2030, the KAVA price might rally to $15 if the trend momentum aligns in favor of Kava. Furthermore, KAVA would hold a positive market sentiment and be labeled as a long-term investment with highly profitable ROI. Conclusion If Kava (KAVA) establishes itself as a good investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish Kava (KAVA) price prediction for 2023 is $1.915. Comparatively, the bearish Kava (KAVA) price prediction for 2023 is $0.518. If there is a positive elevation in the market momentum and investors’ sentiment, then Kava (KAVA) might hit $1.5. Furthermore, with future upgrades and advancements in the Kava ecosystem, KAVA might surpass its current all-time high (ATH) of $9.1926 and mark its new ATH. FAQ Kava is a cross-chain decentralized financial platform (DeFi) that enables users to obtain credit by blocking collateral in exchange for USDX, a stable currency pegged to the US dollar. 2. Where can you buy Kava (KAVA)? Traders can trade Kava (KAVA) on the following cryptocurrency exchanges such as Binance, KuCoi, CoinbaseExchange, Huobi and Bitget. 3. Will Kava (KAVA) record a new ATH soon? With the ongoing developments and upgrades within the Kava platform, Kava (KAVA) has a high possibility of reaching its ATH soon. 4. What is the current all-time high (ATH) of Kava (KAVA)? Kava (KAVA) hit its current all-time high (ATH) of $9.1926 on September 09, 2021. 5. What is the lowest price of Kava (KAVA)? According to CoinMarketCap, KAVA hit its all-time low (ATL) of $0.3 on May 13, 2020. 6. Will Kava (KAVA) hit $1.5? If Kava (KAVA) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $1.5 soon. 7. What will be the Kava (KAVA) price by 2024? Kava (KAVA) price might reach $3 by 2024. 8. What will be the Kava (KAVA) price by 2025? Kava (KAVA) price might reach $5 by 2025. 9. What will be the Kava (KAVA) price by 2026? Kava (KAVA) price might reach $7 by 2026. 10. What will be the Kava (KAVA) price by 2027? Kava (KAVA) price might reach $9 by 2027. Top Crypto Predictions Sui (SUI) Price Prediction 2023 Baby Doge Coin (BABYDOGE) Price Prediction 2023 Shiba Inu (SHIB) 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.

Binance has issued a cease-and-desist order for misusing the Binance brand. The imposter entity was recently under scrutiny by the Nigerian SEC. The Securities and Exchange Commission of Nigeria has banned a company called Binance Nigeria Limited from operating in the country. Investments placed on Binance Nigeria Limited are not protected by law, as stated in a circular released by the local authorities. Binance is now engaged in a heated legal struggle in the United States. But its purported difficulties in other parts of the globe seem to be unwarranted. The announcement comes only days after Binance.US was taken to court by U.S. authorities on several allegations. Including acting as an unlicensed broker-dealer, exchange, clearing agency, and misrepresenting trade restrictions. Moreover, Binance has said that the SEC’s action has harmed the cryptocurrency exchange’s operations and image. Moreover, the exchange had reached a settlement with the SEC that would enable it to operate normally. Misusing Brand Name A representative for Binance, the legitimate cryptocurrency exchange, has said that the business was unaware of the existence of the imposter. According to a statement released by CZ himself, the worldwide exchange has issued a cease-and-desist order to the organization for misusing the Binance brand. The vigilance of both local authorities and Binance itself seems to have momentarily blocked their attempts. To settle digital currency transactions. Nigeria has created a Central Bank-issued Digital Currency (CBDC), making it one of the most cryptocurrency-friendly governments in the area. The Nigerian government has been seeking methods to improve the country’s economy during a time of severe cash shortages, an employment crisis, and other problems. Moreover, recently the naira hit an all-time low against the U.S. dollar. Recommended For You: Nigerian Naira Hits All-time Low Against the U.S Dollar

The altcoin Aragon (ANT) laid five consecutive daily green candles since Thursday. Remarkably, ANT hit its 1-year-high at $3.999 on June 17. June 10 was nearly a partial doomsday of 2023 for the crypto market when most of the altcoins hit horrible lows. But the subsequent rebound experienced by them captured the attention. The altcoin Aragon (ANT) pulled off an astonishing rise. It jumped 51.24% to hit its one-year-high at $3.999 last Saturday, as per TradingView. Right before this, ANT recorded its one-month low at $2.644 on June 10. Over the past 5 days, it surged 31.25% from $2.976 on Thursday to $3.906 at press time. Aragon (ANT) Price Chart (Source: TradingView) In the above chart, the bullish crossover, indicated by the MACD line surpassing the signal line, highlights the positive price action of Aragon (ANT). Additionally, the token’s average directional index (ADX) value above 25 denoted the favorable strength of the current trend. With this momentum, ANT hints at a potential upward trend in the market. At the time of writing, ANT traded at $3.91 with a 24-hour price gain of 1.8%, as per CoinMarketCap. Giant Whale Activity Linked to Altcoin Recorded In the last 24 hours, an altcoin whale acquired nearly 767.2K ANT tokens from two prominent cryptocurrency exchanges — Binance and OKX. The on-chain analytics firm Lookonchain identified Wintermute Trading as the owner of this whale account. Reportedly, the DeFi trading platform Wintermute is the tenth-largest holder of this altcoin. But an hour ago, the Wintermute-labeled account transferred the entire 767,203 ANT holdings, now worth nearly $2.98 million, to an anonymous wallet “0x2F48.” It is also important to know the past events of Aragon. In May, Aragon Network encountered the “51% attack” from a group of activist investors who attempted to manipulate the price of ANT. This led the project to cancel and repurpose its own DAO. A piece of negative news comes in after positive news. That is, just a month before this attack, Aragon pleased its community by announcing its upcoming collab with Polygon. Within the community, high anticipation for witnessing project collaborations and new launches accompanied by altcoin bull runs soars as June nears the end.

The investing approach of Spot DCA mitigates risk and weather market volatility. Spot DCA allows consumers to take advantage of pricing trends across time. Binance CEO CZ announced the introduction of Spot DCA (Dollar-Cost Averaging) on the Binance Spot platform amidst continuing regulatory issues including a recent lawsuit brought by the U.S. Securities and Exchange Commission (SEC). The biggest cryptocurrency exchange aims to protect its customers’ assets and lessen the effects of market fluctuations. Weathering Market Volatility Binance, in its most recent blog post, announced the debut of Spot DCA in an effort to improve users’ trading experiences and dampen the effects of market volatility. This ground-breaking capability allows users to routinely buy and sell assets at predefined price points and intervals, mitigating the impact of market swings. Moreover, the investing approach of dollar-cost averaging has been used successfully by many to mitigate risk and weather market volatility. Users may set up their accounts with a cryptocurrency exchange. So that their transactions are automatically executed at defined intervals regardless of the asset’s current market price. Furthermore, Spot DCA allows consumers to take advantage of pricing trends across time. Thus, mitigating the impact of price spikes and dips. Also, trading bots may be built up in Spot DCA to automatically place buy and sell orders depending on user-defined criteria. This allows users to benefit from market downturns by stocking up on assets at reduced costs while locking in gains when asset values rise beyond a predetermined “take-profit” threshold. The SEC has launched a lawsuit against Binance, and the exchange has been the subject of other regulatory actions. Binance is being sued for allegedly running an unlicensed exchange, selling unlicensed securities, and mixing consumer cash with company assets. Recently, the duo has reached a settlement which was further approved by the Court. Recommended For You: BabyDogeCoin Launches Own DEX Dubbed BabyDogeSwap

Bullish BABYDOGE price prediction for 2023 is $0.000000001921 to $0.000000002947. Baby Doge Coin (BABYDOGE) price might reach $0.000000005 soon. Bearish BABYDOGE price prediction for 2023 is $0.000000000854. In Baby Doge Coin (BABYDOGE) price prediction 2023, we use statistics, price patterns, RSI, RVOL, and other information about Baby Doge to analyze the future movement of the cryptocurrency. Baby Doge Coin (BABYDOGE) Current Market Status Current Price $0.000000001415 24 – Hour Trading Volume $1 million 24 – Hour Price Change 1.30% down Circulating Supply 152,097,728,149,483,070 All – Time High $0.00000002 (On July 04, 2021) BABYDOGE Current Market Status (Source: CoinMarketCap) What is Baby Doge Coin (BABYDOGE)? Baby Doge Coin (BABYDOGE) is the trending memecoin that was created following its pioneer Dogecoin. BABYDOGE was launched on June 1, 2021. Tesla CEO Elon Musk’s gibberish tweet, “Baby Doge, doo, doo…”, boosted the token’s recognition among the crypto community. Just like Dogecoin, BabyDoge continues to gain popularity. Baby Doge was launched as a BEP-20 token on the Binance Smart Chain (BSC) and was forked later on to Ethereum. This deflationary token is supported by proof-of-authority (PoA) consensus. Baby Doge Coin (BABYDOGE) Price Prediction 2023 Baby Doge Coin (BABYDOGE) ranks 220th on CoinMarketCap in terms of its market capitalization. The overview of the Baby Doge Coin price prediction for 2023 is explained below with a daily time frame. BABYDOGE/USDT Descending Channel Pattern (Source: TradingView) In the above chart, Baby Doge Coin (BABYDOGE) laid out a 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 characteristic of a bearish market. At the time of analysis, the price of Baby Doge Coin (BABYDOGE) was recorded at $0.000000001418. If the pattern trend continues, then the price of BABYDOGE might reach the resistance levels of $0.000000001560, $0.000000002169 and $0.000000003718. If the trend reverses, then the price of BABYDOGE may fall to the support of $0.000000001299. Baby Doge Coin (BABYDOGE) Resistance and Support Levels The chart given below elucidates the possible resistance and support levels of Baby Doge Coin (BABYDOGE) in 2023. BABYDOGE/USDT Resistance and Support Levels (Source: TradingView) From the above chart, we can analyze and identify the following as the resistance and support levels of Baby Doge Coin (BABYDOGE) for 2023. Resistance Level 1 $0.000000001921 Resistance Level 2 $0.000000002947 Support Level 1 $0.000000001295 Support Level 2 $0.000000000854 Baby Doge /USDT Support and Resistance Levels As per the above analysis, if Baby Doge Coin’s (BABYDOGE) bulls take the lead, then it might hit and break through its resistance level of $0.000000002947. Conversely, if Baby Doge Coin’s (BABYDOGE) bears dominate the trend, the price of BABYDOGE might plunge to $0.000000000854. Baby Doge Coin (BABYDOGE) 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 Baby Doge Coin (BABYDOGE) are shown in the chart below. BABYDOGE/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 Baby Doge Coin (BABYDOGE) 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 BABYDOGE price lies below 50 MA (short-term), indicating its downtrend. Hence, BABYDOGE is in a bearish 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 BABYDOGE is at 100.00. Therefore, this indicates BABYDOGE is in an overbought state. Also, this confirms that BABYDOGE sends out a sell signal. Baby Doge Coin (BABYDOGE) Price Prediction 2023 — ADX, RVI In the below chart, we analyze the strength and volatility of Baby Doge Coin (BABYDOGE) using the following technical analysis indicators – Average Directional Index (ADX) and Relative Volatility Index (RVI). BABYDOGE/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 BABYDOGE lies in the range of 48.75 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 BABYDOGE lies below 50, indicating low volatility. Comparison of BABYDOGE with BTC, ETH Let us now compare the price movements of Baby Doge Coin (BABYDOGE) with that of Bitcoin (BTC), and Ethereum (ETH). BTC Vs ETH Vs BABYDOGE Price Comparison (Source: TradingView) From the above chart, we can interpret that the price actions BABYDOGE is a dissimilar trend with respect to BTC and ETH. This indicates that when the price of BTC and ETH increases , the price of BABYDOGE decreases. And when the price of BTC and ETH decreases, the price of BABYDOGE increases Baby Doge Coin (BABYDOGE) Price Prediction 2024-2030 With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Baby Doge Coin (BABYDOGE) between 2024 and 2030. Baby Doge Coin (BABYDOGE) Price Prediction 2024 If bulls dominate the price momentum and trend patterns, then Baby Doge Coin (BABYDOGE) might successfully test and surpass its resistance levels to hit $0.00000001 by 2024. Baby Doge Coin (BABYDOGE) Price Prediction 2025 The significant upgrades in the Baby Doge Coinecosystem might persuade the entry of an increased number of investors. This may eventually boost the Baby Doge Coin (BABYDOGE) price to reach $0.00000005 by 2025. Baby Doge Coin (BABYDOGE) Price Prediction 2026 If Baby Doge Coin (BABYDOGE) successfully tests its major resistance levels and continues to move upside, then it would rally to hit $0.0000001. Baby Doge Coin (BABYDOGE) Price Prediction 2027 If Baby Doge Coin (BABYDOGE) sustains major resistance levels and stands as a better investment option in the market, then BABYDOGE would rally to hit $0.0000005. Baby Doge Coin (BABYDOGE) Price Prediction 2028 If Baby Doge Coin (BABYDOGE) holds a positive market sentiment amid the highly-volatile crypto market by driving significant price rallies, then BABYDOGE would hit $0.0000008 by 2028. Baby Doge Coin (BABYDOGE) Price Prediction 2029 If investors flock in and continue to place their bets on Baby Doge Coin (BABYDOGE), then the crypto would witness major spikes. Hence, BABYDOGE might hit $0.000001 by 2029. Baby Doge Coin (BABYDOGE) Price Prediction 2030 By 2030, the BABYDOGE price might rally to $0.000005 if the trend momentum aligns in favor of Baby Doge Coin. Furthermore, BABYDOGE would hold a positive market sentiment and be labeled as a long-term investment with highly profitable ROI. Conclusion If Baby Doge Coin (BABYDOGE) establishes itself as a good investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish Baby Doge Coin (BABYDOGE) price prediction for 2023 is $0.000000002947. Comparatively, the bearish Baby Doge Coin (BABYDOGE) price prediction for 2023 is $0.000000000854. If there is a positive elevation in the market momentum and investors’ sentiment, then Baby Doge Coin (BABYDOGE) might hit $0.000000005. Furthermore, with future upgrades and advancements in the Baby Doge Coin ecosystem, BABYDOGE might surpass its current all-time high (ATH) of $0.00000002 and mark its new ATH. FAQ 1. What is Baby Doge Coin (BABYDOGE)? BabyDoge Coin (BABYDOGE) is a trending memecoin often regarded as the offspring of the popular memecoin, Dogecoin. It was launched as an ERC-20 and BEP-20 token on June 01, 2021. 2. Where can you buy Baby Doge Coin (BABYDOGE)? Traders can trade Baby Doge Coin (BABYDOGE) on the following cryptocurrency exchanges such as OKX, Bybit, KuCoin, Uniswap, and Huobi. 3. Will Baby Doge Coin (BABYDOGE) record a new ATH soon? With the ongoing developments and upgrades within the Baby Doge Coinplatform, Baby Doge Coin (BABYDOGE) has a high possibility of reaching its ATH soon. 4. What is the current all-time high (ATH) of Baby Doge Coin (BABYDOGE)? Baby Doge Coin (BABYDOGE) hit its current all-time high (ATH) of $0.00000002 On July 04, 2021. 5. What is the lowest price of Baby Doge Coin (BABYDOGE)? , BABYDOGE hit its all-time low (ATL) of $0.000000000094771 on June 09, 2021. 6. Will Baby Doge Coin (BABYDOGE) hit $0.000000005? If Baby Doge Coin (BABYDOGE) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $0.000000005 soon. 7. What will be Baby Doge Coin (BABYDOGE) price by 2024? Baby Doge Coin (BABYDOGE) price is expected to reach $0.00000001 by 2024. 8. What will be Baby Doge Coin (BABYDOGE) price by 2025? Baby Doge Coin (BABYDOGE) price might reach $0.00000005 by 2025. 9. What will be Baby Doge Coin (BABYDOGE) price by 2026? Baby Doge Coin (BABYDOGE) price might reach $0.0000001 by 2026. 10. What will be Baby Doge Coin (BABYDOGE) price by 2027? Baby Doge Coin (BABYDOGE) price might reach $0.0000005 by 2027. Top Crypto Predictions Shiba Inu (SHIB) Price Prediction 2023 Stacks (STX) Price Prediction 2023 IoTeX (IOTX) 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.

Dubai, UAE – The Blockchain Economy Summit, recognized as the world’s largest blockchain conference network, is set to redefine the future of finance by bringing together key players and experts from the crypto industry. The highly anticipated 8th edition of the summit will take place over two days in Dubai on October 4-5, 2023, in Le Meridien Dubai Hotel & Conference Center, attracting the world’s top crypto companies and blockchain entrepreneurs. Solidifying its position as a premier event in the blockchain and cryptocurrency space, the Blockchain Economy Summit has achieved remarkable success with previous editions held in London and Istanbul earlier this year. These highly acclaimed summits have further established the event’s global reputation. Notably, OKX, the World’s second-largest crypto exchange, proudly serves as the Exclusive Title sponsor for all of Blockchain Economy’s 2023 Summits. As Dubai rapidly emerges as a global crypto hub, the Blockchain Economy Dubai Summit will serve as the region’s premier gathering, representing the world of blockchain and cryptocurrency. With participants from over 72 countries, this prestigious event offers a comprehensive program focused on the future of financial technologies, providing extensive networking opportunities for attendees. “We are thrilled to be back in Dubai, a city at the forefront of embracing blockchain technology,” said Servi Aman, General Manager of the Blockchain Economy Summit. “Dubai’s strategic vision and commitment to innovation perfectly align with our mission to shape the future of finance. This event will spark collaboration and exploration of groundbreaking ideas, driving the crypto industry forward.” The Blockchain Economy Dubai Summit will feature renowned speakers from various sectors of the crypto industry. The first lineup of notable speakers joining the event this year includes: Martin Hanzl – Head of New Technologies at EY Law Lennix Lai – Global Chief Commercial Officer at OKX Fred Sun – Head of Strategy at Tencent Cloud International Matthew Sigel – Head of Digital Assets Research at VanEck Michaël van de Poppe – Crypto Investor, Technical Analyst and CEO of MN Trading Charles Cheng – Ph.D, Forbes China 60 Sam Blatteis – CEO of The MENA Catalysts Alex Fazel – Chief Partnership Officer at SwissBorg These influential speakers, along with many others, will share their expertise and insights, contributing to the vibrant discussions and knowledge exchange at the summit. The summit will delve into the latest developments and trends within the blockchain and cryptocurrency space, featuring industry leaders, engaging panel discussions, and opportunities for growth and investment. With top crypto companies and blockchain entrepreneurs converging in Dubai, the event will serve as an unparalleled platform for networking, knowledge sharing, and fostering strategic partnerships. Dubai’s dynamic ecosystem, progressive regulatory framework, and thriving crypto community provide the ideal backdrop for the Blockchain Economy Dubai Summit. The event aims to solidify Dubai’s position as a global leader in blockchain innovation and accelerate its journey toward becoming a prominent crypto hub. For more information about the Blockchain Economy Dubai Summit and to secure your participation, please visit the below links: Early Bird Tickets: https://beconomydubai.com/tickets Sponsorships: https://beconomydubai.com/why-sponsor Discounted Hotel Booking: https://beconomydubai.com/venue Name: Blockchain Economy Dubai Summit 2023 Date: October 04-05, 2023 Venue: Le Meridien Dubai Hotel & Conference Center Event Hashtag: #BESUMMIT Contact address: [email protected] Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

The protocol introduced an aggregator where tokens could be traded between users. Users of the DEX also have the option of using its free token locker. Baby Doge Coin (BABYDOGE), a competitor to Shiba Inu, has launched its own DEX platform called BabyDogeSwap. As a result of BabyDogeSwap’s release, the memecoin community now has access to previously inaccessible services. The protocol introduced an aggregator where tokens could be traded between users. In addition to simple token trading, users of the DEX have the option of using its free token locker, checking out the Non-fungible Tokens (NFTs), and functionally creating farms and pools on demand. While Shiba Inu’s ShibaSwap exchange was the first of its kind, BabyDoge deserves some credit for being the first to create a decentralized exchange (DEX). Long Way to Go As the ShibaSwap exchange has become one of the most popular Decentralized Finance (DeFi) trading systems, many people are curious to see whether the BabyDogeSwap platform will overtake it. According to statistics from CMC, ShibaSwap now sustains a daily trading volume of close to one million dollars. BabyDoge, the memecoin plans to build out a new trading platform while also capitalizing on innovations that will empower its community members and increase the value of its token. The company has announced that anyone who utilizes their token burn facility to dispose of their BabyDoge will be eligible for reduced trading costs on the new exchange. In addition, an ‘on-ramp’ function will be included in a ‘Virtual Crypto Card’ so that users may withdraw funds from their accounts and use the card to make purchases. The debut of BabyDogeSwap, which has amassed more than 1.9 million Twitter followers, is likely to improve general optimism about the future of its ecosystem.

In less than 18 hours, almost 30,000 Ethscriptions were produced. With the use of Ethscriptions, any kind of data may be added to the Ethereum blockchain. There’s a new protocol on Ethereum that lets people create and trade objects. It’s clear that the name “Ethscriptions” is a nod to “Inscriptions,” a related project by Ordinals that was implemented on the Bitcoin network. Tom Lehman, the former CEO of Genius.com and co-creator of the initiative, noted an immediate surge in interest after its debut on Saturday. In less than 18 hours, almost 30,000 Ethscriptions were produced, as tweeted by Lehman, making the launch a “huge success.” With the use of Ethscriptions, any kind of data, not only monetary transactions, may be added to the main Ethereum blockchain. Users may inscribe any file type so long as its size is less than 96 kilobytes. However, its inventor claims that this feature presently only supports photos. Multiple Outages Due to Massive Demand These inscriptions make use of “calldata,” the information sent along with a call to an Ethereum smart contract. Lehman claims that adopting the protocol instead of contract storage would save money and increase decentralization. NFT-style photos and other non-monetary data are included in the main chain’s ledger, similar to the Bitcoin Ordinals launch. However, many in the maximalist movement were upset by the introduction of the Ordinals. The Ethereum community seems more receptive because of its willingness to try new things. New protocol users have shown a lot of interest this weekend, much as they did during the Ordinal mania. Because of this, Ethscriptions had multiple times of outages. Tom tweeted:

‘Explain This Bob’ account had over 400,000 followers. Twitter has not acted against the Bob Token account. Following Elon Musk’s accusation of being a “scam crypto account,” the Twitter account of the widely-known meme coin-associated AI bot “Explain This Bob” has been suspended. On June 18, Elon Musk took to Twitter to accuse the account of being a scam, and shortly after his tweet, the bot’s account suspended. Utilizing Open AI‘s GPT-4 model, ExplainThisBob, an AI-powered bot designed to simplify complex tweets by breaking them down into more easily understandable language. When tagged in a tweet, it would provide an ‘explanation’ of that particular tweet. Furthermore, the project had a connection to the Bob Token (BOB), an ERC-20 memecoin that released in April 2023. By suspending the account, Musk‘s previous favorable impression of the bot has taken a complete turn, contradicting his earlier tweet on April 20 where he openly declared “I love Bob” in response to one of its tweets. This specific tweet is also prominently featured on the project’s website. Despite the suspension of the ExplainThisBob account, Twitter has not implemented any measures against the Bob Token account. Reports indicate that BOB’s current price stands at $0.00001908, accompanied by a 24-hour trading volume of $8,801,002. Over the past 24 hours, BOB has witnessed an decrease of 8.5%. Recommended For You: Elon Musk Faces Legal Battle Over Dogecoin Price Manipulation

Bangladesh submits a formal request to join the BRICS Alliance. The upcoming BRICS summit decisions will shape the global economic trajectory. Bangladesh has submitted a formal application to join the BRICS alliance, which has Brazil, Russia, India, China, and South Africa in hand. The application follows a meeting between Prime Minister Sheikh Hasina and South African President Matamela Cyril Ramaphosa in Geneva. This development carries significant implications for the global economic landscape. As a current “Friend of BRICS,” Bangladesh already engages in cross-border transactions with the alliance. By submitting a formal application, Bangladesh aims to strengthen its partnership and cooperation with the member nations of BRICS. The positive response received by Bangladesh indicates the potential for future inclusion as a full member of BRICS. The decision regarding membership will be discussed during the upcoming BRICS summit, scheduled to take place in South Africa. Potential Global Economic Shift Bangladesh‘s application comes when approximately 24 countries have expressed their interest in conducting trade using the new BRICS currency. This development could potentially impact the dominance of the U.S. dollar, as more nations seek alternatives for international transactions. Furthermore, the inclusion of Saudi Arabia, along with five Arab nations, highlights the potential ramifications for the American economy. Saudi Arabia, being a major oil exporter, holds significant leverage. If these countries were to demand payments in the new BRICS currency, it would challenge the position of the U.S. dollar and have far-reaching consequences. While the exact economic impacts of BRICS expansion and the adoption of a new currency remain uncertain, it is evident that these developments could reshape the global economic landscape. The declining value and demand for the U.S. dollar could have long-term consequences, necessitating careful observation by international economic players. As interest in the BRICS currency grows and the potential expansion of the alliance looms, the global economic landscape is expected to undergo significant transformations. Therefore, the decisions made during the upcoming summit will be crucial in shaping the future trajectory.