Bullish HNT price prediction for 2023 is $2.004 to $3.548. Helium (HNT) price might reach $5 soon. Bearish HNT price prediction for 2023 is $0.687. In Helium (HNT) price prediction 2023, we use statistics, price patterns, RSI, RVOL, and other information about HNT to analyze the future movement of the cryptocurrency. Helium (HNT) Current Market Status Current Price $1.62 24 – Hour Trading Volume $11,635,323 24 – Hour Price Change 12.22% up Circulating Supply 143,934,821 HNT All – Time High $55.22 (On Nov 12, 2021) HNT Current Market Status (Source: CoinGecko) What is Helium (HNT)? Helium (HNT) is the native utility token of Helium, a decentralized wireless Internet-of-things (IoT) network. HNT was launched in 2019. The token was created based on a burn-and-mint equilibrium (BME) model. HNT are burnt and converted to Data Credits (DCs) that users hold to access and use the network. Helium operates on a proof-of-coverage (PoC) consensus algorithm. PoC relies on Honey Badger Byzantine Fault Tolerant (HBBFT). With this algorithm, the transactions are encrypted by a shared public key and can only be decrypted by an elected consensus group. HNT tokens can be mined through ‘hotspots’, wireless devices that use radio waves. Miners mine HNT and create network coverage for IoT devices. Also, the network aims to achieve decentralized IoT communication. Helium (HNT) Price Prediction 2023 Helium (HNT) ranks 125th on CoinMarketCap in terms of its market capitalization. The overview of the Helium price prediction for 2023 is explained below with a daily time frame. HNT/USDT Horizontal Channel Pattern (Source: TradingView) In the above chart, Helium (HNT) laid out a horizontal channel pattern. A horizontal Channel pattern is also known as a sideways trend. In general, the horizontal channel is formed during 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 Helium (HNT) was recorded at $233.1. If the pattern trend continues, the price of HNT might reach the resistance levels of $2.015, and $3.493. If the trend reverses, then the price of HNT may fall to the support of $1.547, and $1.158. Helium (HNT) Resistance and Support Levels The chart given below elucidates the possible resistance and support levels of Helium (HNT) in 2023. HNT/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 Helium (HNT) for 2023. Resistance Level 1 $2.004 Resistance Level 2 $3.548 Resistance Level 3 $1.174 Support Level $0.687 HNT Support & Resistance Level As per the above analysis, if Helium’s (HNT) bulls take the lead, it might hit and break through its resistance level of$3.548. Conversely, if Helium’s (HNT) bears dominate the trend, the price of HNT might plunge to $0.687. Helium (HNT) 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 Helium (HNT) are shown in the chart below. HNT/USDT RVOL, MA, RSI (Source: TradingView) The technical analysis indicator Relative Volume (RVOL) is used to measure the trading volume of an asset in relation to its recent average volumes. It is typically calculated by dividing the current day’s trading volume by the average volume over a specified period, such as the past 20 or 50 trading days. The resulting ratio is known as the “relative volume,” which can help traders identify unusual trading activity and changes in market sentiment. High relative volume readings suggest that there is increased interest in the asset, which may indicate a potential trend reversal or breakout. Conversely, low relative volume readings may indicate a lack of interest or a consolidation period. At the time of analysis, the RVOL of Helium (HNT) was below the cutoff line, denoting weak participants trading in the current trend. The next technical indicator is the Moving Average (MA). This momentum indicator is used to smooth out price data and identify trends in the market. It helps in calculating the average price of an asset over a specific period. Particularly, the 50-day moving average (50 MA) evaluates the average closing price of the asset over the past 50 days. When the price of an asset is above its 50MA, it is considered to be in an uptrend (bullish), if laid below 50MA, it is in a downtrend (bearish). Notably, in the above chart, the HNT price lies above 50 MA (short-term), indicating its uptrend. Hence, it can be concluded that HNT is in a bullish state. Although this is the current state, a trend reversal might occur. Next up is the Relative Strength Index (RSI). This analysis indicator helps traders to determine the strength and momentum of an asset’s price movement over a specific period. In this analysis, the RSI is calculated by comparing the average gains and losses of the asset over the past 14 periods. The resulting value is expressed as a number between 0 and 100, with readings above 70 indicating an overbought state and readings below 30 indicating an oversold state. Significantly, traders often use the RSI to identify potential trend reversals or to confirm the direction of a trend. For instance, if an asset is in an uptrend and the RSI reaches an overbought reading of 70, it may suggest that the asset is due for a pullback or correction. Conversely, if an asset is in a downtrend and the RSI reaches an oversold reading of 30, it may suggest that the asset could potentially reverse direction. Markedly, during analysis, the RSI of HNT is at 70.56. This denotes that HNT is neither in an overbought nor oversold state. Helium (HNT) Price Prediction 2023 — ADX, RVI In the below chart, we analyze the strength and volatility of Helium (HNT) using the following technical analysis indicators – Average Directional Index (ADX) and Relative Volatility Index (RVI). HNT/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 HNT lies in the range of 21.731 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 HNT lies below 50, indicating low volatility. Comparison of HNT with BTC, ETH Let us now compare the price movements of Helium (HNT) with that of Bitcoin (BTC), and Ethereum (ETH). BTC Vs ETH Vs HNT Price Comparison (Source: TradingView) From the above chart, we can interpret that the price action of HNT is similar to BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of HNT also increases or decreases respectively. Helium (HNT) Price Prediction 2024-2030 With the help of the aforementioned technical analysis indicators and trend patterns, Let us predict the price of Helium (HNT) between 2024 and 2030. Helium (HNT) Price Prediction 2024 If bulls dominate the price momentum and trend patterns, then Helium (HNT) might successfully test and surpass its resistance levels to hit $6 by 2024. Helium (HNT) Price Prediction 2025 The significant upgrades in the Helium Ecosystem might persuade the entry of an increased number of investors. This may eventually boost the Helium (HNT) price to reach $6.5 by 2025. Helium (HNT) Price Prediction 2026 If Helium (HNT) successfully tests its major resistance levels and continues to move upside, then it would rally to hit $7. Helium (HNT) Price Prediction 2027 Helium (HNT) might sustain major resistance levels and continue to be recognized as a good investment option. If it stands so in the market, HNT would rally to hit $7.5. Helium (HNT) Price Prediction 2028 If Helium (HNT) holds a positive market sentiment amid the highly-volatile crypto market by driving significant price rallies, HNT would hit $8 by 2028. Helium (HNT) Price Prediction 2029 If investors flock in and continue to place their bets on Helium (HNT) , then the crypto would witness major spikes. Hence, HNT might hit $8.5 by 2029. Helium (HNT) Price Prediction 2030 If the trend momentum aligns in favor of Helium, then the HNT price is expected to rally to $9 by 2023. Furthermore, HNT would hold a positive market sentiment and be recognized as a long-term investment with highly profitable ROI. Conclusion If Helium (HNT) establishes itself as a good investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish Helium (HNT) price prediction for 2023 is $3.548. Relatively, the bearish Helium (HNT) price prediction for 2023 is $0.687. If there is a positive elevation in the market momentum and investors’ sentiment, Helium (HNT) might hit $5. With future upgrades and advancements in the Heliume ecosystem, HNT might surpass its current all-time high (ATH) of $55.22 on November 12, 2021, and mark its new ATH. FAQ 1. What is Helium (HNT)? Helium (HNT) is the native utility token of Helium, a decentralized wireless Internet-of-things (IoT) network. 2. Where can you buy Helium (HNT)? Traders can trade Helium (HNT) on the following cryptocurrency exchanges such as Binance, and KuCoin. 3. Will Helium (HNT) record a new ATH soon? With the ongoing developments and upgrades within the Helium platform, Helium (HNT) has a high possibility of reaching its ATH soon. 4. What is the current all-time high (ATH) of Helium (HNT)? Helium (HNT) hit its current all-time high (ATH) of $55.22 On November 12, 2021 5. What is the lowest price of Helium (HNT) ? According to CoinMarketCap, HNT hit its all-time low (ATL) of $0.2534 on June 10, 2020. 6. Will Helium (HNT) hit $5? If Helium (HNT) becomes one of the active cryptocurrencies that majorly maintain a bullish a trend, it might rally to hit $5 soon. 7. What will be the Helium (HNT) price by 2024? Helium (HNT) price might reach $6 by 2024. 8. What will be the Helium (HNT) price by 2025? Helium (HNT) price might reach $6.5 by 2025. 9. What will be the Helium (HNT) price by 2026? Helium (HNT) price might reach $7 by 2026. 10. What will be the Helium (HNT) price by 2027? Helium (HNT) price might reach $7.5 by 2027. Top Crypto Predictions Ripple (XRP) Price Prediction 2023 Litecoin (LTC) Price Prediction 2023 eCash (XEC) 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.

Judge Torres agreed with Ripple Labs’ position that the XRP coin is not a security. The announcement caused the price of XRP to spike from $0.45 to $0.63. In a lawsuit brought up by the Securities and Exchange Commission (SEC) in 2020, Ripple Labs triumphed on July 13 in the United States District Court for the Southern District of New York, when Judge Analisa Torres ruled in favor of the firm. Documents submitted on July 13 indicate that Judge Torres agreed with Ripple Labs’ position that the XRP coin is not a security and issued a summary decision in their favor. Claiming that XRP constituted a security that needed further regulation, the SEC filed an action against Ripple to prevent it from selling XRP tokens. Crypto Community Celebrates The announcement caused the price of XRP to spike from $0.45 to $0.63 shortly. At the time of writing, this is a gain of nearly 35.09% for the token. The SEC filed suit against Ripple and its two CEOs, Brad Garlinghouse and Chris Larsen, in December 2020 on the grounds that the business was issuing unregistered securities. There has been plenty of dramatic interest in this case over the last three years, from the emergence of the “Hinman Documents” through Garlinghouse’s continued resistance in the face of charges from the SEC. The general mood in the crypto world seems to be one of celebration, as seen by the XRP token’s noticeable movement on the news. Highlighted Crypto News: Former Celsius CEO Alex Mashinsky Arrested Amid Ongoing Investigation

Shiba Inu sees notable growth in new users and token burn activity. Influx of New Users Impressive influx of new users into the Shiba Inu ecosystem. Shibarium testnet experiences significant surge in transaction activity. Data shared by CryptEye portal reveals noteworthy developments in the growth of the Shiba Inu meme coin, particularly in terms of new user acquisition and token burns. Additionally, Bitrue crypto exchange has introduced a SHIB staking pool, allowing customers to stake LEASH and BONE and earn up to 10% APY. The Shiba Inu ecosystem has experienced a significant influx of new users, as reported by CryptEye. In the span of one month, the number of new users has surged to 10,589, while over the past three months, the inflow amounted to 25,271. Notably, in the past year, a remarkable 338,533 new holders have joined SHIB. In the most recent day alone, approximately 900 new SHIB holders joined, marking a significant milestone in the adoption of this prominent meme cryptocurrency. Shibarium testnet hits new milestones Recent data from the Puppyscan explorer indicates a significant surge in transaction activity within the Shibarium testnet. Over the course of just a few days, the total number of transactions has experienced a rapid increase, with several million new transactions being added. Comparing the current count to two days ago, the total transaction count has risen by approximately two million, reaching a current count of 29,287,081 SHIB transactions. Additionally, the price of Bone ShibaSwap (BONE), which serves as the gas token powering transactions on Shibarium, has demonstrated notable fluctuations and upward movements throughout the week.

US government officials’ skepticism towards crypto contrasts with personal investments. Regulatory scrutiny challenges the crypto industry, but resilience and interest resist. In 2023, the cryptocurrency industry witnessed a notable chapter in its history, particularly within the United States. While the SEC’s rigorous actions against major exchanges and coins have created a challenging environment, the impact has been far-reaching. Amidst the market’s roller coaster ride, the struggle to reach a bullish trajectory remains evident. Meanwhile, within the realm of US cryptocurrency, two contrasting forces emerge: government officials who exhibit animosity towards cryptocurrencies and those who paradoxically hold digital assets, including influential senators who support the rise of these blockchain-based currencies. As the dominant economic power globally, every move by the United States government carries significant weight. While authorities emphasize the importance of safety and employ strict measures, cryptocurrency users display resilience and unwavering support, ensuring the US remains a top contender in terms of crypto adoption. US Government’s Regulatory Scrutiny The US Securities and Exchange Commission (SEC) has been at the forefront of regulatory actions against major exchanges and coins. Lawsuits were filed against prominent crypto titans such as Binance and Coinbase, accusing them of securities violations, unregistered offers, and sales of tokens. These legal battles have intensified regulatory scrutiny globally, raising concerns and uncertainties within the cryptocurrency industry. Looking back , Ripple Labs, along with its co-founder and CEO, faced a lawsuit from the SEC, alleging an unregistered securities offering through the sale of XRP tokens. And The SEC filed charges against Binance, accusing the exchange of allowing high-value US customers to trade on the platform and exerting control over customer assets. Impact The lawsuits against major exchanges and the ongoing legal battles contribute to increased uncertainty and decreased confidence in the cryptocurrency sector. Trust issues arise between the crypto community and regulatory authorities, further complicating the regulatory landscape. The outcome of these legal proceedings will have far-reaching implications. FOMC’s Impact on Crypto Market Sentiment The Federal Open Market Committee’s decisions regarding interest rates and economic growth indirectly influence cryptocurrency values. Rate hikes can prompt investors to retreat from risky assets, including cryptocurrencies, seeking stability. Conversely, positive economic projections and inflation concerns may reignite confidence in venturesome investments like cryptocurrencies. The FOMC’s battle against rising inflation and its efforts to anchor inflation back to its 2% objective could impact the appeal of cryptocurrencies as inflation hedges. What’s Behind The US Curtain ? Despite the expressed skepticism, several US government officials have been found to hold cryptocurrencies themselves. This paradoxical situation raises questions about their personal beliefs and motivations. It suggests that while they may publicly criticize cryptocurrencies, they recognize their potential value and investment opportunities. Just recently, there have been notable instances of government officials holding cryptocurrencies, revealing a contrasting picture. One such example involves presidential candidate Robert F. Kennedy Jr., who had previously denied being a bitcoin investor but was found to have holdings exceeding $250,000 in a recent financial disclosure. Additionally, SEC chairman Gary’s past application to Binance highlights his personal interest in cryptocurrencies, despite public criticism. Furthermore, members of Congress have also disclosed their investments in cryptocurrencies, with some going a step further to advocate for more transparent regulations. These disclosures suggest that these officials recognize the long-term potential of digital currencies. In summary, these instances reflect a complex and nuanced relationship between government officials and cryptocurrencies Conclusion The US government’s stance on cryptocurrencies remains complex, with regulatory actions and personal investments revealing a dual nature. While regulatory scrutiny continues to pose challenges for the crypto industry, the resilience of crypto users and the ongoing investments in digital assets suggest a broader acceptance and interest in the digital revolution.

Circle, the company behind the USDC stablecoin, has recently laid off a portion of its workforce amid a turbulent year for the digital asset industry. According to the company, the recent layoffs aimed to maintain a strong balance sheet. And by streamlining its workforce and reducing costs, the company may be better positioned to weather the challenging market conditions. Circle has characterized the recent layoffs as a marginal reduction in headcount, which is part of a broader effort to reduce operational expenses and discontinue investments in non-core activities. According to the Reuters report, a Circle spokesperson said that: Circle Had Expressed Plans To Expand The Workforce Earlier The recent news of Circle’s workforce reduction comes as a surprise, given that the company’s finance chief, Jeremy Fox-Green, had announced earlier this year that the USD Coin issuer had other plans. Fox-Geen mentioned that Circle had plans to increase this headcount by 15% to 25% by the end of the year, which would have added to its 900-employee workforce. Despite the recent workforce reduction, Circle has indicated that it is still actively recruiting for “key areas of focus.” Related Reading: Celsius Takes Legal Action Against StakeHound For Withholding $150 Million Fox-Green said that the company is “growing and investing and we are fortunate to be in a financial position to be able to sustain our investments.” Circle’s decision to expand its workforce by up to 25% this year represented a slower growth rate compared to 2022 when the company had doubled its headcount from the previous year. In other news, Circle had recently announced its new chief legal officer, Heath Tarbert, who previously served as the chairman of the Commodity Futures Trading Commission(CFTC). According to Circle CEO Jeremy Allaire, the company aims to bridge the gap between traditional finance and Web3, and Tarbert’s experience and legal expertise will be instrumental in advancing the utility value of the USDC stablecoin worldwide. On the developmental front, Circle made significant progress last week when CEO Jeremy Allaire announced that the company had launched its programmable wallets into production beta, marking a major milestone in the rollout of Circle’s Web3 services. The programmable wallets are designed to enable developers to build and deploy decentralized applications (dApps) on the Ethereum blockchain. In the past few months, a number of high-profile companies in the cryptocurrency industry have announced workforce reductions. Among them are well-known firms such as Blockchain.com, Coinbase, Genesis, Huobi, and SuperRare, to name a few. Around one month ago, Binance carried out employee layoffs as part of its efforts to assess whether it has the appropriate talent to navigate the cryptocurrency market. Related Reading: Chainlink Price Stalls At Key Support Level, Have The Bears Taken Over? The cryptocurrency industry appears to be in a prolonged period of adjustment. And as of yet, there are no signs that the trend of workforce reductions will abate anytime soon.

BABYDOGE started a quadrillion token burn poll. 99% of voting reports ‘yes burn them!’ as it remains in deflation. On a recent note, Baby Doge Coin (BABYDOGE) has crossed the crypto market with effective massive burns and transactions. The community keeps planning the demand and multiple dumps in the last few days. This is with respect to the deflation that piles up the economic revenue in the crypto market. However, the Baby Doge Coin (BABYDOGE) has given a new proposal seeking votes from the crypto communities. Furthermore, this reflects the fact of BABYDOGE remains deflationary with assured activity. The additional source of information is that the coin shares a live proposal of burning the farm reward tokens. Effectively, the token burn ranges between 1 to 2 quadrillion on the BNB network. Is Burning Farm Reward Tokens Worth? The proposal mainly focuses on disabling the core farms that run currently so that there will be little activity. From Wednesday, the voting is kept active and it ends by this Saturday. For now, the current result of the poll on snapshot falls to 99% ‘Yes Burn them!’ and the rest 1% says ‘No Leave them!’. The ones who support the BABYDOGE burn are around 165 trillion in numbers whereas the rest includes 1.7 trillion. The voting system is set to be single-choice voting so that the strict note on casting a vote of either yes or no, is made. The crypto enthusiasts have no comments on this vote cast yet, there is an expectation that BABYDOGE would expand its community with limited supply in demand. Related Crypto News: Baby Doge Coin (BABYDOGE) Price Prediction 2023

The idea of a metaverse – a virtual world in which billions of people live, work, learn, shop, and interact with each other online in hyper-realistic fashion using customizable avatars – was first introduced in 1992 in Neal Stephenson’s groundbreaking sci-fi novel Snow Crash. It took about 30 years for that idea to gain massive traction, but as recently as last year, hundreds of millions of dollars have been spent on research, projects, platforms, and services of all kinds aimed at making that idea a reality. While the idea of a metaverse has been approached in numerous ways, few projects – if any – have been able to combine the utility, functionality, user-friendliness, social engagement, immersive experiences, and monetization opportunities needed to attract users and create a self-sustaining ecosystem of online interactivity. It is within this context that ZTX (ZEPETOX), a blockchain project backed by some of the largest avatar social networks in Asia, has partnered with Arbitrum, a pioneering Layer-2 scaling solution for Ethereum, to build out its eagerly anticipated 3D open-world metaverse. With this partnership in place, ZTX hopes to bring a new wave of unmatched capabilities to millions of users, brands and partners around the world. These include immersive social interaction, monetization, entertainment, business collaboration, marketing, education, and more. Much of the ongoing interest in the metaverse is due to the inherent security, transparency, scalability, and decentralization of blockchain-based applications. In the ZTX virtual world, users not only participate in activities of their choice but can earn, play, work, and collaborate from the comfort of their homes. However, they can also have a say in the governance and economics of the platform – a stark departure from the centralization seen on legacy Web2 applications and platforms. ZTX hopes to launch a beta version of its application during the coming weeks. In this version, users will be able to explore the ZTX world and customize their ZTX virtual land base and home. New gameplay features such as trade, material harvesting, ownership, and crafting will be added in subsequent updates and releases. As per the ZTX vision of creating an expansive ecosystem of playable and ownable worlds and digital assets and providing players and users with income-earning and investment opportunities, ZTX continues to expand by partnering with leading blockchain projects and partners. ZTX already offers a unique avatar builder and has numerous partnerships with globally recognized brands covering everything from collectibles to wearables. Scaling these offerings to a global user base is where Arbitrum comes in, and using Arbitrum’s resilient and flexible development framework, ZTX is laying the groundwork for reaching the right audiences with the right offerings, at the right time, with the right features and capabilities that will ensure continued growth and user adoption. Senior leaders at ZTX spoke highly of the partnership with Arbitrum, stating that Web3 creators, developers, and projects will benefit from it by having access to toolkits and customizable templates that can be designed and built based on the needs of developers and user communities. The economics of the ZTX ecosystem – based on universal accessibility and land parcels that are offered for free – also helps to ensure that access barriers are eliminated. The Arbitrum team views the partnership with the same positivity, and has stated that ZTX has changed the definition of what an immersive, value-generating virtual world should look like. Arbitrum was built to bridge tech gaps, open new opportunities, and deliver fast and effective capabilities to blockchain projects of all kinds. In a similar manner, ZTX has been built from the ground up to be the destination of choice for users, brands, and businesses to participate in and benefit from the metaverse. With the power of Arbitrum running the ZTX virtual world, perhaps Neil Stephenson’s vision of what the metaverse should be will finally become a reality.

Alex Mashinsky was detained on Thursday morning as a result of the ongoing investigation. The US Securities and Exchange Commission wasn’t the only US agency to take action. According to a court filing made on Thursday, the U.S. SEC is suing defunct cryptocurrency lender Celsius Network and its founder and former CEO Alex Mashinsky. According to Bloomberg, citing a source familiar with the matter, Alex Mashinsky was detained on Thursday morning as a result of the ongoing investigation into the company’s collapse that followed the court petition. Multiple Charges Filed On July 13, the US Securities and Exchange Commission (SEC) filed a complaint against Celsius Network and its former chief executive, Alex Mashinsky, accusing them of fraud, market manipulation, and violations of securities laws. The US Securities and Exchange Commission wasn’t the only US agency to take action against Celsius Network and its former CEO Alex Mashinsky; the Department of Justice, the CFTC, and the FTC all did so as well. These claims come on the heels of a lawsuit filed against Celsius Network by New York’s attorney general earlier this year. On Thursday morning, law enforcement officials detained former CEO Alex Mashinsky after the filing of various lawsuits against him and the company. After major cryptocurrency exchanges Binance and Coinbase were sued by the SEC last month, regulatory uncertainty surrounded the cryptocurrency market. Meanwhile, Mashinsky has also been accused of breaking federal securities laws by the SEC. The SEC has filed a lawsuit against CEL and Celsius, over unregistered securities. Recent announcements by Celsius Network to convert all cryptocurrencies to Bitcoin (BTC) and Ethereum (ETH) have raised community worries over the gradual sale of altcoins. Legal action may put a hold on BTC, ETH, and other tokens, while authorities figure out how to pay back Celsius’s creditors. Highlighted Crypto News Today: BABYDOGE Quadrillion Burn to Reduce Supply: Bullish?

On-chain data shows the Bitcoin “Market Value to Realized Value” (MVRV) is at a critical level currently. Will a bullish breakout take place? Bitcoin MVRV Ratio Is Retesting The 1.5 Level Right Now As pointed out by an analyst in a CryptoQuant post, the BTC MVRV ratio has been around a critical level recently. The “MVRV ratio” is an indicator that measures the ratio between the market cap of Bitcoin and its realized cap. The “realized cap” here refers to a capitalization model for the asset that assumes that the true value of each coin in the circulating supply is not the current spot price, but the price at which the coin was last transferred on the blockchain. This model aims to find a sort of “real value” for the coin, so its comparison with the market cap in the MVRV ratio can tell us how the current spot price (that is, the market cap) weighs up against this fair value. When the indicator has a value greater than one, it means that the market cap is more than the realized cap right now. In this situation, the investors are holding more value than they put in, so they become more likely to sell and harvest these profits. Thus, this kind of trend can suggest the asset is becoming overpriced and a correction may be on the horizon. On the other hand, low values imply the market cap of the cryptocurrency may be undervalued at the moment as the average investor is holding their coins at a loss. Now, here is a chart that shows the trend in the Bitcoin MVRV ratio over the last few years: As displayed in the above graph, the Bitcoin MVRV ratio had been below the one mark back during most of the second half of 2022. This isn’t an unusual trend, as bearish periods normally see investors going into deep losses, which naturally results in the indicator’s value plunging. What’s interesting, though, is the metric’s interaction with the line where its value becomes 1. While bearish trends last, the level usually provides resistance to the asset. Examples of this happening during the past year’s bear market can be seen in the chart. With the rally this year, however, Bitcoin was able to break past this level, implying that a transition toward a bullish regime had occurred. The indicator briefly dropped to this level in March, but the line provided support to it, confirming that a bullish trend was indeed active. The MVRV ratio has now recently surged towards the 1.5 level, at which the market cap is 50% more than the realized cap. At these values, the asset naturally starts becoming overpriced and the risk of corrections goes up. From the graph, it’s visible that the coin found resistance at this 1.5 level when it was retested back in April. Since surging back toward it recently, the cryptocurrency has been moving sideways around this level so far. It now remains to be seen whether the Bitcoin MVRV ratio can break through this level with the current retest, or if it will end up facing another rejection. Naturally, if it’s the former, the rally might be able to continue. BTC Price At the time of writing, Bitcoin is trading around $30,500, down 2% in the last week.

11th consecutive quarter of net inflows Another record high month-ending AUM of $93.7 billion NEW YORK–(BUSINESS WIRE)–WisdomTree, Inc. (NYSE: WT), a global financial innovator, today released monthly metrics for June 2023, including assets under management (AUM) and flow data by asset class. Monthly Commentary: Net inflows of nearly $1.6 billion in June driven by robust flows into fixed income, non-U.S. equity strategies, as well as U.S. equity strategies Nearly $8.7 billion of year-to-date net inflows, a best-in-class 21% annualized pace of organic growth relative to our publicly traded asset manager peers Year-to-date, WisdomTree has generated net inflows in all of our 8 major product categories, showcasing the breadth and depth of our organic growth profile WisdomTree Prime went live in app stores in late June and is now available in 20 states; the platform will continue to expand its footprint, offerings, and features throughout the remainder of 2023 (see https://www.wisdomtreeprime.com/ for more details) As of June 30, 2023 AUM Rollforward ($ in millions) Annualized Flow Rate MTD QTD YTD MTD QTD YTD Beginning of Period Total AUM $89,558 $90,739 $81,986 Total Net Flows U.S. Equity $199 $414 $265 10.0% 6.8% 2.2% International Dev. Mkt Equity $724 $1,592 $2,043 72.7% 55.9% 40.4% Emerging Market Equity $123 $329 $815 16.9% 15.0% 20.3% Fixed Income $1,142 $1,471 $4,985 72.8% 31.5% 65.8% Commodity & Currency ($605) ($1,513) $490 (31.9%) (24.3%) 4.5% Alternatives $14 $22 $3 54.8% 28.5% 2.1% Cryptocurrency $6 ($1) $12 30.4% (1.9%) 17.8% Leveraged & Inverse ($11) $12 $55 (7.7%) 2.7% 6.4% Total Net Flows $1,591 $2,327 $8,668 21.6% 10.3% 21.3% Market Move $2,517 $601 $3,012 Current Total AUM $93,667 $93,667 $93,667 Average Total AUM $92,808 $91,577 $89,340 Blended Total Average Fee Rate 36 bps 36 bps Source: https://ir.wisdomtree.com/ Please visit https://ir.wisdomtree.com/ for downloadable spreadsheets containing detailed AUM and flow data by asset class and fund broken out by daily, monthly, quarterly and annual timeframes. About WisdomTree WisdomTree is a global financial innovator, offering a well-diversified suite of exchange-traded products (ETPs), models and solutions. We empower investors to shape their future and support financial professionals to better serve their clients and grow their businesses. WisdomTree is leveraging the latest financial infrastructure to create products that provide access, transparency and an enhanced user experience. Building on our heritage of innovation, we are also developing next-generation digital products and structures, including digital funds and tokenized assets, as well as our blockchain-native digital wallet, WisdomTree Prime. WisdomTree currently has approximately $94 billion in assets under management globally. For more information about WisdomTree and WisdomTree Prime, visit: https://www.wisdomtree.com. Please visit us on Twitter at @WisdomTreeNews. WisdomTree® is the marketing name for WisdomTree, Inc. and its subsidiaries worldwide. Cautionary Statement Regarding Forward-Looking Statements This press release may contain a number of “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about our ability to achieve our financial and business plans, goals and objectives and drive stockholder value, including with respect to our ability to successfully implement our strategy relating to WisdomTree Prime, our ability to continue to make achievements in AUM, levels of net inflows, analyst ratings, P/E multiple and stock price performance and other risk factors discussed from time to time in WisdomTree’s filings with the Securities and Exchange Commission (“SEC”), including those factors discussed under the caption “Risk Factors” in our most recent annual report on Form 10-K, filed with the SEC on February 28, 2023, and in subsequent reports filed with or furnished to the SEC. These forward-looking statements are based on WisdomTree’s management’s current expectations, estimates, projections and beliefs, as well as a number of assumptions concerning future events. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside WisdomTree’s management’s control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. Forward-looking statements included in this release speak only as of the date of this release. WisdomTree does not undertake any obligation to update its forward-looking statements to reflect events or circumstances after the date of this release except as may be required by the federal securities laws. Category: Business Update Contacts Media Relations WisdomTree, Inc. Jessica Zaloom +1.917.267.3735 [email protected] / [email protected] Investor Relations WisdomTree, Inc. Jeremy Campbell +1.646.522.2602 [email protected]

Quantum-Safe, Secure Networking and Communications Visionary Joins Prestigious Cohort of Young Companies Poised to Disrupt the Communications Industry BETHESDA, Md. & SUNNYVALE, Calif.–(BUSINESS WIRE)–#BeCryptoDiverse—Quantum Xchange, delivering the future of encryption with quantum safe crypto-agility, visibility, and management solutions, today announced it has been selected to join the 2023 Innovation Showcase on Sept. 22, 2023. Hosted by Silicon Valley’s Telecom Council, the invitation-only event introduces startups and innovation to global telcos and major telecom vendors who are dedicated to partnering with new companies, investing in new technologies, and exploring new market opportunities. 5G will be the infrastructure in place when the era of quantum computing has fully arrived, adding new complexities and security concerns to next-generation connectivity. For the promise of 5G innovation to be met, these new software-defined networking environments must embrace future-forward security measures that can keep pace with an evolving threat landscape, changing business requirements, and regulatory mandates without requiring network downtime or expensive rip and replace scenarios. Quantum Xchange’s patented technology works with an organization’s existing encryption environment as an architecture overlay, enabling organizations to immediately and effortlessly build a crypto-agile infrastructure capable of bringing quantum-safe security to every data link, interconnect, and VPN tunnel on a 5G network. “Telcos take cybersecurity very seriously,” said Liz Kerton, President of the Telecom Council. “So, the fact they chose Quantum Xchange as part of this year’s Innovation Showcase reflects how network operators are looking at future risks and understand that classic encryption is no match for threats from quantum computing.” During the Innovation Showcase, 15 private companies with ready-to-deploy technologies and services addressing telecom priorities will be introduced to their future partners from global carriers, telecom vendors and investors. See Telecom Council press release for the full list of 2023 participants and to learn more about the selection criteria. This is not the first time Quantum Xchange has been recognized for its contribution to the telecom industry. Earlier this year the company was awarded a 2023 INTERNET TELEPHONY SD-WAN Product of the Year Award for its ability to demonstrate the innovation, vision, and execution to deliver software-based networking tools to support different and unique communities of interest. Download the Quantum Xchange solutions brief to learn more about the quantum advantage for managed connectivity and networking-as-a-service providers. About Quantum Xchange Quantum Xchange protects the world’s data in motion from advances in computing and everyday cybersecurity risks. Its award-winning, cryptographic management platform, Phio Trusted Xchange (TX) and network monitoring and risk assessment tool, CipherInsights empowers organizations to bring existing IT infrastructure and SD-WAN environments into the post-quantum era easily, affordably, and through policy configuration and control. Commercial enterprises, government agencies, and managed connectivity providers can leverage all NIST-approved PQCs, achieve cryptographic clarity, embrace crypto-agility, diversify risk, and implement cryptographic governance with no bumps in the wire, no latency, no new hardware on the critical path. To learn more about future-proofing your data from whatever threat awaits, watch the explainer video and visit QuantumXC.com for the latest company news and events. About Telecom Council The Telecom Council is a global community of major telcos, telecom vendors and communications investors committed to partnering with new companies, investing in new technologies, and exploring new market opportunities. Over 100 startups and new technologies are introduced every year through monthly meetings in Silicon Valley, private introductions, focused demos and our proven MatchMaker service. Our members, calendar, speaker application, and membership benefits are online at http://www.telecomcouncil.com Contacts April Burghardt CMCO at Quantum Xchange [email protected]

The G20 set to reveal a comprehensive framework for regulating crypto. This is the first G20 meeting to be held in India as well as South Asia. The crypto market has experienced significant growth and developments over the past few years. As every country is developing and adopting crypto, the G20 is to discuss a game-changing move for crypto regulations, international taxation, and bank finances. Moreover, the G20 finance ministers and central bank governors came up with exciting news for the crypto community. According to the report, global finance ministers will meet in India next week to discuss the regulations on cryptocurrencies, reforming debt architecture, and increasing loans to developing countries. Moreover, the G20 set to reveal a comprehensive framework for regulating and supervising crypto assets. The G20 is the premier forum for international economic cooperation. Moreover, it plays a crucial role in shaping and enhancing global architecture and governance on all major international economic issues. The recent move to regulate cryptocurrency aims to bring clarity and stability to the crypto market. It ensures protection and fosters innovation. Guiding Principles for Crypto Regulation at the G20 Meeting The committee will present recommendations to optimize the balance sheets of development banks in an independent committee co-chaired by N.K. Singh and Lawrance Summer. And also, the move expected to enhance lending capacity and improve the effectiveness of these institutions. The G20 Treasury heads and finance ministers anticipated coming to an understanding of the guiding principles for handling cryptocurrencies in their different regions. Moreover, The IMF supported the Indian government’s stance that crypto assets would need global and coordinated regulation while giving sovereigns the choice to outlaw such assets at the first meeting of finance chiefs in February. Ajay Seth, India’s Economic Affairs Secretary, stated that the coming meeting will cover the first volume of a report and a “guidance note” to create a globally coordinated framework for the regulation and supervision of crypto assets. The Organization for Economic Co-operation and Development (OECD) has proposed a framework that highlights important disparities in how large multinational corporations taxed. Moreover, this is the first G20 meeting to be held in India as well as South Asia.

MetaCene has completed its seed fundraising round, amassing a remarkable group of both Web2 and Web3 investors. Bolstered by renowned powerhouses of both spheres, the round culminated with a total of $5M. MetaCene: The Future of Blockchain-Powered MMORPG MetaCene is crafting a blockchain-based MMORPG, featuring a surreal post-apocalyptic world where players utilize a variety of NFTs to redefine civilization. MetaCene aims to create an accessible Web3 world for the masses, with a focus on player-centric entertainment, governance, and AIGC-powered creation. Impressive Investor Support for MetaCene’s Vision As a Web3 pioneer, MetaCene seeks to build a Web3 environment that is not only innovative but also Web2 friendly. This ambitious vision has garnered investments from a number of notable corporations, including a wealth of Web2 firms backed by renowned listing companies. SevenX Ventures and Hash Global are spearheading the investment round, with WeMade, Emurgo, MixMarvel DAO Venture, Sinovation Ventures, and LK Venture among the other powerful names bolstering MetaCene. SevenX Ventures is a venture capital fund birthed by crypto veterans boasting an average industry experience of 5 years. SevenX Ventures has built a name through expertise in marketing, funding, tokenomic design, and resource integration. Their remarkable track record in fostering entrepreneurship underlines their critical role in MetaCene’s journey. Hash Global, another prominent player in this round, is a fund management firm that specializes in blockchain and crypto asset investment. They intend to create a thriving Web3 ecosystem by connecting global creative forces with professional skills and robust resources. With their investment in MetaCene, their mission continues to gain traction. WeMade, a well-known South Korean video game developer and one of MetaCene’s prestigious backers, recently flaunted an impressive user base exceeding 120 million across Asia. They consistently demonstrate their potential through outstanding performance. Emurgo is a founding entity of the Cardano blockchain that provides products and services that accelerate the adoption of Cardano’s Web3 ecosystem. They’ve shown a strong interest in MetaCene’s shining potential. Further strengthening MetaCene’s alliance is LK Venture, a subsidiary of Linekong Group and a Web3 investment and research institution. Known previously as Consensus Lab, and having invested in over a hundred projects across diverse regions, It now pins considerable expectations on MetaCene. Sinovation Ventures, a dominant Chinese technology venture capital firm, bolster this lineup with its extensive experience investing in early-stage companies. Lastly, MixMarvel DAO Venture, a decentralized investment group known for working with high-caliber Web3 projects, extends its support to MetaCene. Their efforts have earned them a commendable reputation in the recent years of exponential growth. In total, MetaCene has secured an impressive $5 million in investment, fueling its ambitious vision for the future. MetaCene’s Extensive Collaboration As the MetaCene world evolves, it garners widespread attention, interest, and the coveted trust of some of the industry’s most renowned entities. Their support serves as an endorsement of MetaCene’s potential and capabilities. Even prior to the successful completion of the investment round, MetaCene had already forged alliances with world-renowned partners, officially announcing the collaborative union of 24 prominent entities. These include integrating blockchain content platforms MixMarvel and Space3, Web3 solutions provider BlockchainSpace, and the technical backbone services of Rangers Protocol. MetaCene also collaborates with metaverse supporters such as BreederDAO and Ancient8, while building a strong economic system with the powerful Element NFT marketplace. The partnership with IndiGG, one of the world’s largest gaming guilds, reflects the critical role of guilds and community participation in MetaCene’s growth. Other members like Hooga Gaming, Troy Guild, and MGG demonstrate their confidence in MetaCene’s performance and express their support for its world-building and expansion. A Rising Tide of Anticipation for MetaCene’s Upcoming Initiatives In the wake of the successful fundraising campaign, MetaCene’s disclosure of its upcoming plans has incited waves of interest and anticipation among both investors and gaming enthusiasts. A key highlight is the release of the Apostle NFT collection, the genesis NFT of the game ecosystem. This exclusive collection, limited to only 500 generative NFTs, grants early access to both testing and official versions of MetaCene, advanced in-game NFTs, and exclusive event participation. MetaCene is also gearing up for alpha testing, seeking critical insights and feedback to fine-tune user experience and optimize player-centric gameplay. Alongside the Apostle NFT collection and alpha testing, MetaCene will soon open whitelist applications for those interested in securing a coveted spot in the early access phase of the MetaCene ecosystem. A maximum of 3000 slots will be offered for the Alpha test, providing an opportunity to pre-test and preview the expansive landscape. With this successful fundraising effort, MetaCene confidently strides into the future of the Metaverse. The attentive community also echoes this optimism and anticipation for MetaCene’s upcoming developments. About MetaCene MetaCene is building a next-gen blockchain MMORPG homeland for mass players. It presents a surreal post-apocalyptic society where survivors interact with diverse NFTs to redefine civilizations. MetaCene pioneers player-centric entertainment, governance, and creation through innovative PVE and PVP gameplays, robust technology infrastructures, social guild DAO governance, sustainable economic systems, and in-game editors. MetaCene is founded by gaming experts with 20+ years of industry experience from Shanda Games, Blizzard, Perfect World, and others. It envisages a multi-chain future from Rangers Protocol with real-time confirmation and super-low gas fees. The MetaCene Apostle NFT collection and the Alpha version are coming in 2023 Q2. Website | Twitter | Discord | Telegram 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.

Indian Home Minister, Amit Shah on a plot to get rid of crypto terrorism. Any virtual asset transaction should involve biometric identification, Amit Shah says. Though crypto and virtual assets are gaining popularity, there exists certain criticism including terrorists’ usage of cryptocurrencies in an anonymous way. Amit Shah, an Indian Minister of Home Affairs has highlighted the consequences of terrorists utilizing the crypto assets and metaverse. However, the growing crypto exploitation points the terrorism as fuel. As per the information from Crypto India, the financial transactions of terrorists have been predicted using crypto assets. The way of reach might hype the younger generation through the metaverse platform. Amit Shah Alarms the Nation Concerning the speech delivered by Amit Shah, India seeks new ideas through unknown methodologies of using virtual assets. Alongside, he condemned retaining the financial wealth of the country with ridiculous methods. He also mentioned that the terrorists use the DarkNet for the game-change mechanism. Moreover, India needs to look for the safety measures of abrupt change before terrorists do. The virtual assets and metaverse have reached far ahead in the country with their knowledge. Furthermore, in the future, there could be something more innovative would rise than metaverse which might tend to provide a huge impact across the world. For the concern of safety, there needs a biometric way of approval identifying the user before making a transaction of any cryptocurrency. This way we could have cyber security by our side interpreting the misinformation which gets transferred, added Amit Shah.

The round was led by Greenfield, with supporting investment from the NEAR Foundation, Draper Associates, and Polygon Ventures DENVER–(BUSINESS WIRE)–Opolis, a member-owned platform that uses blockchain to provide employment infrastructure for independent workers, has secured a bridge fundraising round of $6.6M. The round was led by Berlin-based European crypto investment firm Greenfield, with supporting investment from notable entities including the NEAR Foundation, Draper Associates, and Polygon Ventures. “At Opolis, we’re creating a radically new workplace structure and empowering independent workers to dream bigger than a traditional 9-to-5 career,” said John Paller, Executive Steward of Opolis. “We’re obsessed with creating the best possible experience for our Members, and thanks to the support of Greenfield and our other aligned investors, we’re now able to dial in our proof of scale for the long game.” Opolis supplies tools for independent workers to professionalize their businesses, allowing them to secure and manage employment benefits, payroll, and to access shared services like unemployment, disability, and tax compliance. “Opolis represents a new paradigm for employment: regenerative (ReGen) employment. One where mutualistic outcomes prevail for workers and the clients, communities or projects they serve,” said Felix Machart, Partner at Greenfield. “We believe the team is best suited to accomplish its mission to build the future of work: John Paller, with over 20 years experience in HR tech and founder of ETHDenver along with his colleague Eddie Pastore, a seasoned professional in the payroll industry. Hence, we are very excited to support Opolis on this journey.” The funds raised will be used to scale the business and implement a more frictionless user experience. The roadmap for feature enhancements focuses on improved information accessibility, specifically accounting data, tax reporting details, and health insurance information. “Opolis stands at the nexus between the evolution of work and next generation technologies,” added Tim Draper, Founder of Draper Associates. “With millions of workers exiting the ‘traditional office,’ Opolis fills the need for a platform that serves these workers with amazing services that historically were only available to workers in the old economy.” Marieke Flament, CEO of the NEAR Foundation, said, “Opolis is using web3 technology to provide much needed solutions for a changing workforce that is increasingly characterized by fractionalized, decentralized, and remote work. We are excited to play a part in their journey, and believe that their technology has the potential to deliver real value for millions of workers by democratizing access to career development regardless of geography.” This fundraise follows pre-seed and seed round raises, bringing Opolis to a total of $13.3M with the most recent funding raised at a $50M valuation. To become a member or learn more, visit opolis.co for additional information. About Opolis Opolis is a member-owned digital employment platform that uses blockchain technology to supply tools that independent workers can use to manage their employment benefits, payroll, and shared services. Opolis was founded by John Paller, a technology entrepreneur with 20 years in HR technology, compliance and employment systems and founder of ETHDenver, the largest and longest-running Web3 innovation event in the world. Visit Opolis.co for more information. About Greenfield Greenfield Capital is a European crypto investment firm, backing developer teams building toward an open, decentralized, and more robust architecture of tomorrow’s web. Founded by Sebastian Blum and Jascha Samadi in 2018, Greenfield provides funding and competent support in operations (e.g. running validators for networks and protocols in-house), token economics and governance. Having delivered superior capital returns with their I. and II. crypto fund, Greenfield initiated 2021 its III. crypto fund, one of the largest funds dedicated to crypto in Europe to date (€135m). Greenfield’s portfolio includes Nym, NEAR, Celo, Dapper Labs, Safe, Liquity, Arweave, 1inch, The Fabricant and DRESSX among others. About Draper Associates Founded in 1985 by Tim Draper, Draper Associates is the leader in early-stage venture capital that continues to invest in technology companies that show exceptional promise. The firm’s investments have included Coinbase, Baidu, Tesla, Skype, SpaceX, Twitch, Hotmail, Focus Media, Robinhood, Carta, and other industry unicorns at the early stage. Draper Associates has built a reputation for encouraging entrepreneurs to drive their businesses to greatness, to transform industries with new technologies, and to build platforms for extraordinary growth, jobs and wealth creation. Send plans to [email protected]. To learn more, visit www.draper.vc. About NEAR Foundation NEAR Foundation is a non-profit that supports the growth and Web3 development on NEAR, the Blockchain Operating System (BOS) – an industry-first common layer for browsing and discovering open web experiences. NEAR Protocol’s front end is compatible with all blockchains, making it the entry point to the open web for users and developers alike. Established by a community-driven team of engineers and entrepreneurs, NEAR Protocol is simple to use and good for the environment. Contacts Taryn Kosinski [email protected]

The first crypto industry ETF in the U.S., BITQ provides equity exposure to the bitcoin and digital asset sector through leading “pure-play” crypto companies. SAN FRANCISCO–(BUSINESS WIRE)–Bitwise Asset Management, one of the world’s leading crypto asset managers, announced today that the Bitwise Crypto Industry Innovators ETF (NYSE: BITQ) recently surpassed $100 million in assets under management. The milestone comes amid what many consider a turning point for the crypto sector, which has seen positive industry developments, strong market performance, and growing investor interest throughout 2023. As of June 30, bitcoin had risen more than 83% year-to-date,1 while BITQ was up more than 135% over the same period.2 Since the fund’s inception in 2021, investors have utilized BITQ for its potential impact on portfolio diversification and as a way to access an emerging growth sector through a traditional equity ETF vehicle. “We’re proud that investment professionals continue to trust BITQ to get exposure to the bitcoin and digital asset economy through a carefully designed, traditional equity ETF,” said Mick McLaughlin, Chief Distribution Officer at Bitwise Asset Management. “We’re grateful to our clients for this milestone and for the privilege of being their partner.” The first crypto industry ETF, BITQ seeks to track an index designed by Bitwise that consists of leading companies driving the fast-growing crypto economy. At each rebalancing, at least 85% of BITQ’s holdings are “pure-play” firms, which derive more than three-quarters of their revenue from crypto-related businesses, while up to 15% of holdings are reserved for more diversified companies making meaningful investments in the space. Founded in 2017, Bitwise manages a broad suite of 18 professional investment solutions, including ETFs, publicly traded trusts, SMA strategies, multi-strategy solutions, and private funds. The firm is known for its nationwide distribution team of crypto specialists, five-year track record, and industry-leading research, including its quarterly reports, white papers, and weekly CIO memo. Today, over 1,800 wealth teams, RIAs, family offices, and institutional investors leverage Bitwise to understand and access crypto markets strategically. Bitwise developed the Bitwise Crypto Innovators 30 Index on which BITQ is based with input from Morningstar-owned Moorgate Benchmarks, a London-based index calculation and benchmark administration firm known for its expertise in the index space. Exchange Traded Concepts, an ETF platform provider, serves as the investment adviser to the BITQ fund, and SEI Investments Distribution Co., a provider of technology and investment solutions for the financial services industry, is the fund’s distributor. About Bitwise Asset Management Based in San Francisco, Bitwise is one of the largest and fastest-growing crypto asset managers, offering both index and active strategies across a wide array of investment vehicles. The firm is known for creating the world’s largest crypto index fund (OTCQX: BITW), a suite of crypto-focused equity and futures ETFs, and investment products that span Bitcoin, Ethereum, DeFi, NFTs, and the Metaverse. Bitwise focuses on partnering with financial advisors and investment professionals to provide quality education and research. The team at Bitwise combines expertise in technology with decades of experience in traditional asset management and indexing, coming from firms including BlackRock, Blackstone, Meta, and Google, as well as the U.S. Attorney’s Office. Bitwise is backed by leading institutional investors and asset management executives, and has been profiled in Institutional Investor, CNBC, Barron’s, Bloomberg, and The Wall Street Journal. RISK DISCLOSURE AND IMPORTANT INFORMATION Carefully consider the fund’s investment objectives, risk factors, charges, and expenses before investing. This and additional information can be found in the Fund’s full or summary prospectus, which may be obtained by visiting www.BITQETF.com. Investors should read it carefully before investing. Investing involves risk, including the possible loss of principal. There is no guarantee or assurance that the methodology used to create the Index will result in the Fund achieving positive investment returns or outperforming other investment products. Indices are unmanaged and do not include the effect of fees. One cannot invest directly in an index. The Fund is non-diversified and will not invest in crypto assets directly or through the use of derivatives and also will not invest in initial coin offerings. The Fund may, however, have indirect exposure to crypto assets by virtue of its investments in Crypto Industry Innovators that use one or more crypto assets as part of their business activities or that hold crypto assets as proprietary investments. Diversification does not ensure a profit or guarantee against a loss. In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Narrowly focused investments and investments in small companies typically exhibit higher volatility. Investors in the Fund should be willing to accept a high degree of volatility in the price of the Fund’s shares and the possibility of significant losses. An investment in the fund involves a substantial degree of risk. Certain of the Fund’s investments may be subject to the risks associated with investing in crypto assets, including cryptocurrencies and crypto tokens. Because crypto assets are a new technological innovation with a limited history, they are highly speculative asset. Future regulatory actions or policies may limit actions that can be taken with regard to crypto assets. The price of a crypto asset may be impacted by the transactions of a small number of holders of such crypto asset. Crypto assets may decline in popularity, acceptance or use, which may impact their price. The technology relating to crypto assets and blockchain is new and developing. Currently, there are a limited number of publicly listed or quoted companies for which crypto asset and blockchain technology represents an attributable and significant revenue stream. Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Exchange Traded Concepts, LLC serves as the investment advisor of the fund. The Fund is distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Exchange Traded Concepts, LLC or any of its affiliates. 1 Source: Bitwise Asset Management 2 As of June 30, BITQ’s three-month return was 37.50%, its one-year return was 44.68%, and its annualized return since inception was -40.08%. The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted. Performance data current to the most recent month-end may be obtained by calling 1-833-365-BITQ (2487). Please see additional important disclosures below. Contacts Frank Taylor / Ryan Dicovitsky, Dukas Linden Public Relations, [email protected]

Dubai, United Arab Emirates, July 13th, 2023, Chainwire XBorg, the Web3 company developing a collaborative credential infrastructure that allows players to create their digital identity and enjoy tailored user experiences within enhanced gaming applications, sold out their $2 million seed round community allocation in record time. The funds will facilitate the scaling and adoption efforts of XBorg’s infrastructure and applications to reach millions of players and fans worldwide. Ahead of the raise, XBorg collected interest from more than 8,300 investors totalling $7M in soft commitments but decided to cap the community allocation at $2 million and maintain the remaining $3 million for leading VCs, closing out the $5 million seed round. The $XBG token, expected to be launched towards the end of 2023, is now sitting at a $50m valuation. In the coming months, XBorg is launching its first application in partnership with some of the most prominent esports teams in the industry. The current Rocket League world champions, Team BDS, were the first team to be announced, with many more in the pipeline. The XBorg app will enable players and fans to build their digital identity, meaningfully connect with their favourite gaming communities, and collect digital items with unique perks that unlock exclusive experiences. By the end of the year, XBorg aims to become the fastest-growing gaming credential infrastructure via its partnerships with tier-1 esports teams and popular gaming influencers. Users can already create an XBorg account and get a taste of what their complete app will be like here. Users are rewarding early supporters of their ecosystem, so they should be sure to be active participants and refer their friends if they want to take advantage of this. About XBorg XBorg is developing a collaborative credential infrastructure that allows players to create their digital identity and enjoy tailored user experiences within enhanced gaming applications. XBorg is releasing its first application powered by its credential infrastructure, in partnership with the largest esports organisations in the world, to scale the adoption of its technology to millions of players and fans. XBorg is a spin-off of SwissBorg, a crypto wealth management application with over 750,000 users. For more information about XBorg, visit their website, follow them on Twitter, or join their community on Discord. Contact Growth & Marketing Connor Kirsten XBorg [email protected]

Bullish BRISE price prediction for 2023 is $0.0000002806 to $0.0000003863. Bitgert (BRISE) price might reach $0.0000005 soon. Bearish BRISE price prediction for 2023 is $0.0000001529. In this Bitgert (BRISE) price prediction 2023, we will analyze the price patterns of BRISE by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. Bitgert (BRISE) Current Market Status Current Price $0.0000002606 24 – Hour Trading Volume $2,529,049 24 – Hour Price Change 2.49% Down Circulating Supply 395,688,215,721,653 All – Time High $0.00000404 (On Aug 13, 2021) BRISE Current Market Status (Source: CoinMarketCap) What is Bitgert (BRISE)? Bitgert (BRISE) is a blockchain project that emerged in July 2021, focusing on crypto engineering and centralized exchange solutions. Originally built on BNB Chain, it later introduced the BRC20 blockchain in 2022, enabling near-zero gas fees and rapid cross-chain transactions. More specifically, the gas fee is $0.0000000000001 per transaction, while the supported throughput is up to 100,000 TPS. Notable products offered by Bitgert include Bitgert Blockchain, Bitgert Exchange, Paybrise, Realestate Marketplace, Decentralized Marketplace, BRISE staking, and BRISE Swap. BRISE serves as the native token of Bitgert, offering staking opportunities and rewards in BUSD on the BSC network exclusively. Also, Bitgert offers an alternative to the popular DEX platform PancakeSwap. Bitgert (BRISE) Price Prediction 2023 Bitgert (BRISE) ranks 192nd on CoinMarketCap in terms of its market capitalization. The overview of the Bitgert Price prediction for 2023 is explained below with a daily time frame. BRISE/USDT Inverse Ascending Channel Pattern (Source: TradingView) In the above chart, Bitgert (BRISE) laid out an Horizontal Channel 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 Bitgert (BRISE) was recorded at $0.0000002556. If the pattern trend continues, the price of BRISE might reach the resistance levels of $0.0000002903 and $0.0000003894. If the trend reverses, then the price of BRISE may fall to the support of $0.0000002514 and $0.0000002165. Bitgert (BRISE) Resistance and Support Levels The chart given below elucidates the possible resistance and support levels of Bitgert (BRISE) in 2023. BRISE/USDT RVOL, MA, RSI (Source: TradingView) Resistance Level 1 $0.0000002806 Resistance Level 2 $0.0000003863 Support Level 1 $0.0000002048 Support Level 2 $0.0000001529 BRISE/USDT Resistance and Support Levels As per the above analysis, if Bitgert’s (BRISE) bulls take the lead, it might hit and break through its resistance level of $0.0000003863. Conversely, if Bitgert’s (BRISE) bears dominate the trend, the price of BRISE might plunge to $0.0000001529. Bitgert (BRISE) 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 Bitgert (BRISE) are shown in the chart below. BRISE/USDT RVOL, MA, RSI (Source: TradingView) The technical analysis indicator Relative Volume (RVOL) is used to measure the trading volume of an asset in relation to its recent average volumes. It is typically calculated by dividing the current day’s trading volume by the average volume over a specified period, such as the past 20 or 50 trading days. The resulting ratio is known as the “relative volume,” which can help traders identify unusual trading activity and changes in market sentiment. High relative volume readings suggest that there is increased interest in the asset, which may indicate a potential trend reversal or breakout. Conversely, low relative volume readings may indicate a lack of interest or a consolidation period. At the time of analysis, the RVOL of Bitgert (BRISE) was below the cutoff line, denoting weak participants trading in the current trend. The next technical indicator is the Moving Average (MA). This momentum indicator is used to smooth out price data and identify trends in the market. It helps in calculating the average price of an asset over a specific period. Particularly, the 50-day moving average (50 MA) evaluates the average closing price of the asset over the past 50 days. When the price of an asset is above its 50MA, it is considered to be in an uptrend (bullish), if laid below 50MA, it is in a downtrend (bearish). Notably, in the above chart, the BRISE price lies above 50 MA (short-term), indicating its uptrend trend. Hence, it can be concluded that BRISE is in a bullish state. Although this is the current state, a trend reversal might occur. Next up is the Relative Strength Index (RSI). This analysis indicator helps traders to determine the strength and momentum of an asset’s price movement over a specific period. In this analysis, the RSI is calculated by comparing the average gains and losses of the asset over the past 14 periods. The resulting value is expressed as a number between 0 and 100, with readings above 70 indicating an overbought state and readings below 30 indicating an oversold state. Traders often use the RSI to crucially identify potential trend reversals or to confirm the direction of a trend. For instance, if an asset is in an uptrend and the RSI reaches an overbought reading of 70, it may suggest that the asset is due for a pullback or correction. Conversely, if an asset is in a downtrend and the RSI reaches an oversold reading of 30, it may suggest that the asset could potentially reverse direction. Markedly, during analysis, the RSI of BRISE is at 54.84. Therefore, this indicates BRISE is nearly in an overbought state. Bitgert (BRISE) Price Prediction 2023 — ADX, RVI In the below chart, we analyze the strength and volatility of Bitgert (BRISE) using the following technical analysis indicators – Average Directional Index (ADX) and Relative Volatility Index (RVI). BRISE/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 BRISE lies in the range of 36.06, pointing out a weak trend. The above chart also displays another technical indicator – the Relative Volatility Index (RVI). This is used to measure the volatility of an asset’s price movement over a specific period. With respect to the chart’s data, the RVI of BRISE lies below 50, indicating low volatility. Comparison of BRISE with BTC ETH Let us now compare the price movements of Bitgert (BRISE) with Bitcoin (BTC) and Ethereum (ETH). BTC Vs ETH Vs BRISE Price Comparison (Source: TradingView) From the above chart, we can interpret that the price action of BRISE is in a similar trend with respect to BTC and ETH. This indicates that when the price of BTC and ETH increases or decreases, the price of BRISE also increases or decreases respectively. Bitgert (BRISE) Price Prediction 2024-2030 With the help of the aforementioned technical analysis indicators and trend patterns, Let us predict the price of Bitgert (BRISE) between 2024 and 2030. Bitgert (BRISE) Price Prediction 2024 If bulls dominate the price momentum and trend patterns, then Bitgert (BRISE) might successfully test and surpass its resistance levels to hit $0.000001 by 2024. Bitgert (BRISE) Price Prediction 2025 The significant upgrades in the Bitgert ecosystem might persuade the entry of an increased number of investors. This may eventually boost the Bitgert (BRISE) price to reach $0.000003 by 2025. Bitgert (BRISE) Price Prediction 2026 If Bitgert (BRISE) successfully tests its major resistance levels and continues to move upside, then it would rally to hit $0.000005. Bitgert (BRISE) Price Prediction 2027 Bitgert (BRISE) might sustain major resistance levels and continue to be recognized as a good investment option. If it stands so in the market, BRISE would rally to hit $0.000008. Bitgert (BRISE) Price Prediction 2028 If Bitgert (BRISE) holds a positive market sentiment amid the highly-volatile crypto market by driving significant price rallies, BRISE would hit $0.00001 by 2028. Bitgert (BRISE) Price Prediction 2029 If investors flock in and continue to place their bets on Bitgert (BRISE), then the crypto would witness major spikes. Hence, BRISE might hit $0.00003 by 2029. Bitgert (BRISE) Price Prediction 2030 If the trend momentum aligns in favor of Bitgert, then the BRISE price is expected to rally to $0.00005 by 2030. Furthermore, BRISE would hold a positive market sentiment and be recognized as a long-term investment with highly profitable ROI. Conclusion If Bitgert (BRISE) establishes itself as a profitable investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish Bitgert (BRISE) price prediction for 2023 is $0.0000003863. Relatively, the bearish Bitgert (BRISE) price prediction for 2023 is $0.0000001529. If there is a positive elevation in the market momentum and investors’ sentiment, Bitgert (BRISE) might hit $0.0000005. With future upgrades and advancements in the Bitgert ecosystem, BRISE might surpass its current all-time high (ATH) of $$0.00000404 and mark its new ATH. FAQ 1. What is Bitgert (BRISE)? Bitgert (BRISE) is one of the leading cryptocurrencies that was launched in July 2021. Initially, Bitgert was built on the BNB Chain and used BNB to pay rewards. However, a major milestone for Bitgert came in 2022 with the introduction of the BRC20 blockchain. 2. Where can you purchase Bitgert (BRISE) ? Bitgert (BRISE) has been listed mostly on all crypto exchanges – from Gate.io, PancakeSwap (V2), MEXC, and Hotbit. 3. Will Bitgert (BRISE) reach a new ATH soon? With the ongoing developments and upgrades within the Bitgert platform, BRISE has a high possibility of reaching its ATH soon. 4. What is the current all-time high (ATH) of Bitgert (BRISE)? On Aug 13, 2021, Bitgert (BRISE) reached its new all-time high (ATH) of $0.00000404. 5. What is the lowest price of Bitgert (BRISE)? According to CoinMarketCap, BRISE hit its all-time low (ATL) of $0.000000000616584 on September 09, 2021. 6. Will Bitgert (BRISE) reach $0.0000005? If the bullish trend continues and if Bitgert (BRISE) retests its resistance levels, it will hit $0.0000005 soon. 7. What will be Bitgert (BRISE) price by 2024? Bitgert (BRISE) price is expected to reach $0.000001 by 2024. 8. What will be Bitgert (BRISE) price by 2025? Bitgert (BRISE) price is expected to reach $0.000003 by 2025. 9. What will be Bitgert (BRISE) price by 2026? Bitgert (BRISE) price is expected to reach $0.000005 by 2026. 10. What will be Bitgert (BRISE) price by 2027? Bitgert (BRISE) price is expected to reach $0.000008 by 2027. Top Crypto Predictions Solana (SOL) Price Prediction 2023 Bone ShibaSwap (BONE) Price Prediction 2023 Binance Coin (BNB) Price Prediction 2023 Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

The operator of a decentralized wireless network, World Mobile, has said that it has obtained licensed spectrum in the United States. In the company’s effort to provide dependable and inexpensive internet connectivity to underserved parts of the United States, this strategic initiative represents a critical turning point. World Mobile’s aspirations for US growth are well-supported by the acquisition of up to 20MHz of spectrum in the states of California, New Mexico, Nevada, and Utah. The company’s decentralized hybrid-connection solution, which integrates blockchain technology with aerial and terrestrial infrastructure to deliver connectivity at a cost many times cheaper than conventional mobile network providers, will be made possible thanks in large part to the spectrum. World Mobile CEO Micky Watkins said: “By securing licensed spectrum, we are signaling our intent to revolutionize the connectivity landscape in the United States. Securing spectrum strengthens our position to deploy our network and support a profitable sharing economy. We believe in harnessing the collective power of individuals and communities to create a more inclusive and connected world.” Securing licensed spectrum by World Mobile is in line with the US government’s strategy to facilitate nationwide connectivity. A $42 billion high-speed internet project, recently unveiled by President Biden, promises to increase broadband access in low-income and rural regions while also fostering market competition and affordability. The funds have been formally dispersed by the Commerce Department, which awarded grants at the State level ranging from around $27 million to more than $3.3 billion, mostly depending on local needs. After a successful commercial debut in Tanzania and field testing in Kenya, Nigeria, and Mozambique, World Mobile hopes to roll out its service in the US later this year. Manoj Kohli, formerly the national head of Softbank India and the CEO of Bharti Airtel, was recently hired by the firm, which has resulted in a boost to the company’s leadership team. Kohli brings more than 40 years of expertise in the telecommunications industry to the table.

Following the bearish wave which has swept across the crypto market today, the KAVA token has experienced a significant fall in its market price. According to data from CoinMarketCap, KAVA is currently down by 10.90%, representing the biggest loss of the day. In general, the total crypto market cap is down by 0.31%, with the market leader, Bitcoin (BTC), losing by 0.46% in the last 24 hours. This is while prominent tokens, such as Ripple (XRP), Dogecoin (DOGE), and Solana (SOL), have managed to stay afloat, recording no significant gain or loss. KAVA Price Action And Analysis KAVA began the week with sideways movement hovering around that $0.94 price region. However, after a slight price dip which saw the token retest at $0.91 on July 10, it embarked on a bullish run reaching as high as $1.02 the next day. Related Reading: PEPE Price Drops More Than 60% From ATH – What Lies Ahead? Following a consolidation at this zone for some hours, the token experienced a significant price boost yesterday, hitting a top price of $1.06. Albeit, since attaining this price level, KAVA has been on a downward trend returning to the price levels seen at the start of the week. Analyzing its 4-Hour chart, KAVA is currently in a strong consolidation zone, but if the bulls assume control of the market, the token could rise to the $1.06 price region, which has previously served as a strong resistance level. A sustained bullish momentum that results in the altcoin pushing past this level could lead to a market price in the region of $1.22. That said, if the current selling pressure remains strong, KAVA could drop from its consolidation zone, falling as low as $0.73. Based on CoinMarketCap data, KAVA is currently trading at $0.94, with a 0.16% gain in the last hour. Meanwhile, the token’s daily volume is down by 16.64% and now stands at $48 million. KAVA ranks as the 70th biggest cryptocurrency with a market cap value of $588 million. KAVA Records Some Positive Moves Despite Price Movement Contrary to its negative price movement today, Kava has actually recorded some positive news in the last few days. Just yesterday, its blockchain network launched the Kava 14 mainnet upgrade, which in part likely caused the price hike seen yesterday. As expected, this latest upgrade introduces a lot of new features, most notably smooth and seamless asset conversion between the Cosmos and Ethereum ecosystems. Related Reading: Shiba Inu Whale Holding 10% Of Total SHIB Supply Shocks The Market In addition to this network upgrade, KAVA was also recently listed by the Bitfinex cryptocurrency exchange. Launched in 2012, Bitfinex ranks as one of the top exchanges in the world, with a presence in 52 countries worldwide.