Industrial Canvas delivers the ultimate no-code experience to derive cross-data source insights and drive high-quality production optimization, maintenance, safety, and sustainability decisions OSLO, Norway & AUSTIN, Texas–(BUSINESS WIRE)–#AI—Cognite, a globally recognized leader in industrial software, today announced Industrial Canvas, an intuitive, composable, visual workspace that revolutionizes data exploration and visualization. Industrial Canvas is built on top of the market-leading Industrial DataOps foundation within Cognite’s core platform, Cognite Data Fusion®, and is powered by Cognite AI, a comprehensive suite of Generative AI capabilities. With Industrial Canvas, Cognite makes cross-data source insights available to everyone, at all levels of the organization, to easily build specific use case applications. This decreases time spent searching for data and increases time spent collaborating, accelerating high-quality business decisions by 90%. “Industrial Canvas makes data ‘speak human,’ as for every one person that can ‘speak code,’ there are 100s who cannot,” says Geir Engdahl, Chief Technology Officer at Cognite. “Industrial Canvas can now empower everyone utilizing data to inform their daily production optimization, maintenance, safety, and sustainability decisions with simple access to complex industrial data – in their language and on their terms.” Industrial Canvas is a collaborative environment where users can view all data types (documents, engineering diagrams, sensor data, images, 3D models, and more), choose to share workspaces, tag users, and share insights as comments. Industrial Canvas is unique in the way it leverages contextualized data and Generative AI. “With Cognite, we’ve already increased efficiencies, reduced fuel consumption, and improved production flow and maintenance – and we’ve scaled across our Houston plant and three vessels in Antarctica,” says Matts Johansen, CEO at Aker BioMarine. “Now with Industrial Canvas, we are on the forefront of leveraging Generative AI to further support our people and enable them to use their specialist knowledge to drive our organization forward.” Cognite uses Generative AI to enhance data onboarding, complete with lineage, quality assurance, and governance, while a unique Generative AI architecture enables deterministic responses from a native AI Copilot. This allows subject matter experts to answer operational questions, compile and develop no-code applications, and analyze complex scenarios without a single line of code. Industrial Canvas overcomes the challenges of other single pane of glass solutions, which often over-promise capabilities and are too rigid with prescribed workflows, preventing users from working with the data how they choose. Cognite Data Fusion’s Industrial Canvas is available in beta for select customers participating in the early adopter program on Cognite Hub. About Cognite Cognite is a globally recognized leader in industrial software with a clear vision: to rapidly empower industrial companies with accessible, trustworthy, and contextualized data and drive the full-scale digital transformation of asset-heavy industries. With its market-leading Industrial DataOps platform, Cognite Data Fusion®, and a comprehensive suite of Industrial Generative AI capabilities, Cognite AI, Cognite makes it easy for decision-makers to access and understand complex industrial data. Cognite Data Fusion® is a user-friendly, secure, and scalable platform that enables industrial data and domain users to collaborate quickly and safely to develop, deploy, and scale Industrial Generative AI solutions that deliver both profitability and sustainability. Visit us at www.cognite.ai and follow us on LinkedIn and Twitter. Contacts Michelle Holford Vice President, Global PR Cognite [email protected]

Canadian regulators have failed to serve the interests of the people. Jeff Kirdeikis shows his support for the crypto exchange Binance. Jeff Kirdeikis, the CEO of TrustSwap, has expressed his disappointment in Canadian regulations. He claims that Canadian regulators have failed to serve the interests of the people. Jeff Kirdeikis’s controversial tweet got the attention of the crypto community. On June 21, TrustSwap’s CEO tweeted, “Canadian regulators are a joke.” He has been forced to pull his money from the most reputable and safe CEX out there. Moreover, the regulators are not serving the people. Canada Tightens Its Regulation Canadian regulators have been continuously tightening the regulations for the crypto trading platform in recent months with the introduction of the pre-registration process. According to the Ontario Securities Commission website, companies that do not adhere to the rules may face regularity actions. The country has announced a series of regulations for cryptocurrency exchanges, including investor limits and requirements for registration. In this pre-registration process, exchanges and other companies will have to follow the custody rules, which discuss the separation of crypto assets held for local clients, a ban on margin or other forms of leverage, and a ban on selling stablecoins without the CSA’s permission. According to the report, Unregistered cryptocurrency trading platforms now have 30 days to provide a new pre-registration undertaking. Companies that are unable or unwilling to comply are expected to be banned in Canada and remove Canadian users. Binance Departs from Canada After the new regulations, the world’s largest crypto exchange, Binance, announced that it was withdrawing from Canada. Binance stated that It disagrees with the latest guidelines and aspires to collaborate with Canadian regulators to develop a thorough framework for crypto activities in the country. Binance mentioned that the Canadian market is no longer available for Binance due to the recent guidelines offered to crypto exchanges about stablecoins and investor limitations. Changpeng Zhao, the CEO of Binance, has stated that the exchange still believes that it will return to the Canadian market when Canadian customers once again access a wider range of digital assets without restriction. TrustSwap CEO Supports Changpeng Zhao In the tweet, Jeff Kirdeikis mentioned, “Keep up the fight,” to show his support for the crypto exchange Binance, which has left the Canadian market disagreeing with the new crypto guidelines. Moreover, the crypto exchange is now fighting against the lawsuit filed by the U.S. Securities and Exchange Commission. Jeff Kirdeikis also added that Bitcoin reached the landmark of $30,000 and will surge more. Cryptocurrency is the future of money. The corrupt regulator and politicians can try to stop the future of money, but they can’t do that. Bitcoin brings the power back to the people, he mentioned in his tweet. A crypto enthusiast replied to his tweet, questioning whether TrustSwap is based out of Canada. He replied that it used to be that TrustSwap left because of regulations and high taxes. Moreover, a lot of crypto enthusiasts continue to show their support for Jeff Kirdeikis’s disagreement against Canadian Regulations.

House Committee voting on digital assets’ transition from securities to commodities. Separate legislation seeks a comprehensive regulatory framework for stablecoins. The U.S. is aiming for balanced crypto innovation and consumer protection. This July, the U.S. House Financial Services Committee, under its Chair, Patrick McHenry, is slated to vote on two pivotal pieces of legislation. These laws could decisively influence the future of digital assets, particularly cryptocurrencies and stablecoins. In particular, the committee seeks to carve out a well-defined route for digital assets to transition from being classified as securities to commodities. Notably, commodities tend to carry lighter reporting and regulatory burdens. This shift would significantly ease some constraints on the thriving crypto market. According to reports, McHenry, a Republican from North Carolina, announced a regular oversight hearing with Federal Reserve Chair Jerome Powell. Besides his pivotal role, another Republican, Glenn ‘GT’ Thompson, chair of the House Agriculture Committee, has been instrumental in drafting the legislation. However, the bills will require backing from Senate Democrats and the signature of President Joe Biden to become law. Structuring Stablecoin Regulation Additionally, the committee will deliberate a separate bill to establish a comprehensive regulatory framework for stablecoins. On the same note, Arkansas Republican, French Hill, has primarily authored this legislation, with substantial input from McHenry. Similarly, stablecoins pegged to a stable asset, such as a traditional fiat currency, have surged in popularity. Consequently, this legislation could bring much-needed clarity and security to this sector of the crypto market. In addition, the July session is poised to allow committee members to introduce amendments to the bills’ texts. The final versions will then undergo an up or down vote to determine if they advance favorably out of the panel. Moreover, a successful committee vote would tee up the bills for consideration in the full House of Representatives. In conclusion, this July’s legislative efforts underscore the U.S. government’s move to respond to the crypto industry’s rapid evolution. Hence, these potential laws represent an essential step toward establishing a regulatory environment supporting continued innovation in the United States. Simultaneously, they aim to ensure consumer protection in the dynamic digital assets domain.

SINGAPORE & SAN FRANCISCO–(BUSINESS WIRE)–Ripple, the leader in enterprise blockchain and crypto solutions, today announced that its Singapore subsidiary Ripple Markets APAC Pte Ltd, has obtained In-Principle Approval of the Major Payments Institution License application from the Monetary Authority of Singapore (MAS). This license will allow Ripple to offer regulated digital payment token products and services in the city state, and further scale its customers’ use of its crypto-enabled On-Demand Liquidity (ODL) service. Ripple experienced unprecedented business momentum for ODL globally in 2022 – with a majority of this growth driven by its Singapore operations. In 2022, well over a majority of global ODL transactions flowed through Singapore, which serves as the company’s Asia Pacific headquarters. As a result of this monumental growth trajectory, Ripple doubled its headcount in Singapore over the past year across key functions such as business development, compliance, finance, legal, and sales – with plans to continue increasing its presence in the world’s fastest growing region. “Singapore is a leading global financial center, and a prominent gateway to business in Asia Pacific. We’re incredibly proud to receive an in-principle license from the MAS, reaffirming our commitment to the region and ongoing proactive engagement with regulators globally,” said Brad Garlinghouse, Chief Executive Officer of Ripple. “The MAS continues to be a global leader in establishing clear rules of the road to recognise the innovation and real-world utility of digital assets, and its benefits to the global financial system. We look forward to strengthening this partnership to collectively propel the growth and development of the digital assets ecosystem in Singapore.” “As more countries develop regulatory frameworks for crypto, many are looking to Singapore’s early leadership in developing a clear taxonomy and licensing framework. This in-principle regulatory approval from the MAS will enable us to better support our forward-looking customers looking to hone in on blockchain and crypto technologies to build a more inclusive and borderless financial system,” said Stu Alderoty, Chief Legal Officer of Ripple. As part of Ripple’s ongoing engagement with the MAS, Brad will be taking the stage at the Point Zero Forum in Zurich, Switzerland on June 27, 2023, to discuss the resurgence of innovation in digital assets through investment and thoughtful regulation. About Ripple Ripple is the leader in enterprise blockchain and crypto solutions, transforming how the world moves, manages and tokenizes value. Ripple’s business solutions are faster, more transparent, and more cost effective – solving inefficiencies that have long defined the status quo. And together with partners and the larger developer community, we identify use cases where crypto technology will inspire new business models and create opportunity for more people. With every solution, we’re realizing a more sustainable global economy and planet – increasing access to inclusive and scalable financial systems while leveraging carbon neutral blockchain technology and a green digital asset, XRP. This is how we deliver on our mission to build crypto solutions for a world without economic borders. Contacts Sheryl Tham [email protected]

Singapore’s Monetary Authority (MAS) has granted Ripple an in-principle license for a Major Payment Institution License. The approval comes amidst regulatory challenges faced by Ripple, including the ongoing lawsuit with the SEC in the United States. Ripple, a prominent blockchain company, secures in-principle approval for a Major Payment Institution License from the Monetary Authority of Singapore (MAS), the central bank of Singapore. This approval comes at a time when the crypto industry is grappling with increasing regulatory scrutiny in its home country, the United States. Particularly the ongoing lawsuit with the US Securities and Exchange Commission (SEC) However, this significant development marks a major milestone for Ripple. As the approval positions the company as a trusted and regulated player within Singapore. The Major Payment Institution Licence will enable Ripple to expand its operations and offer its innovative payment solutions to businesses and consumers in the South Asian region (APAC). In addition, the approval from the MAS underscores the country’s commitment to fostering innovation in the financial technology sector. While maintaining robust regulatory oversight. Singapore has emerged as a leading global hub for blockchain and cryptocurrency companies. Due to its progressive approach and supportive regulatory framework. While the cryptocurrency industry faces increased scrutiny and tightening policies in the US, Ripple’s approval in Singapore brings a glimmer of positive news. It highlights the potential for international expansion. And the importance of fostering an enabling environment for blockchain and cryptocurrency companies to thrive. Moreover, Ripple native cryptocurrency XRP price surged more than 3.6% in a day and 7% in the past week to trade at $0.5152. Also, XRP holds a 24 hours trading volume of $2B, which climbs over 31% and market cap of $27B. Recommended for you Ripple (XRP) Price Prediction 2023

Ledger Recovery white paper is released in Ledger Labs. The goal of the Ledger seed recovery tool is to enhance transparency and provide security. As Q3 of 2023 is near completion, something huge awaits in Q4 from the hardware crypto wallet company. From the reports available, it is noted that the Ledger seed recovery tool is yet to launch though it has sustainable criticism. Charles Guillemet, the Chief Security Officer in the Ledger who is also an expert in the Cryptography world along with the hardware security sector, tweeted the publication of Ledger’s white paper. He also mentioned that this is been building on 150 applications and some other public Ledger for implementation. This white paper has led the way to audit the cryptographic protocols thereby recovering the security precisely. Coincover, the digital asset security and insurance provider firm that provides this forthcoming launch service launch, says Charles Guillemet. He also added: For public reference, the white paper on Ledger Recover is made available on GitHub, a cloud-based platform for software developers. Moreover, this GitHub has a version control called Git for code storage and management. What Does This Ledger Recover Include? Starting the services with the operational flows which include seed backup followed by restoring and secured deletion of the particulars. The team has set an implementation strategy to split the seed into shares involving a secured key distribution technology called Shamir backup. The white paper then adds the feature of user accessibility of Ledger for flexible recovery. Guillemet highlighted the recovery option for the users’ support and commitment purposes. Opinions From Crypto Firm Officials Other than Charles Guillemet, the representatives from Polygon Labs and Binance added some perspective on processing the Ledger seed recovery tool. Mudit Gupta, security research from Polygon Labs said: Meanwhile, Changpeng Zhao, the CEO of the top cryptocurrency exchange, Binance said: And these issues are been resolved from Guillemet’s statement which says that this seed recovery solution won’t change the security in any of the Ledger devices. It is evident that all the measures are enlisted on the white paper so that the researchers, enthusiasts, and crypto developers can clearly of understanding this system. A Walk Through The Roadmap The published white paper drives the roadmap phases for public sources with the processes held to complete. It has four phases in which the first phase is done with more than 50 applications. Furthermore, the second phase starts with the whitepaper launch of the Ledger seed recovery tool-based crypto protocol. And this has been done now so that it concludes the state is held in the white paper release. Apparently, the third phase defines the tool implementation of sharing the backup provider yet this is the specific part of Recovery. The rest phase is all about the additional modularization of the possibilities that could be trusted. Obviously, Charles Guillemet declared the goal of this launch is to increase the transparency ahead. But, the security of the Ledger won’t be affected, he guarantees.

The last time Bitcoin reached the 30K mark was in April 2023. BTC has surged more than 10% in the last 24 hours. Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, has reached the $30K mark for the second time this year. The last time Bitcoin reached the 30K mark was in April 2023, according to CoinMarketCap. On May 21, Bitcoin experienced a significant surge that helped it reach the $30,000 trading price milestone. The sudden surge in Bitcoin boosts investors’ confidence and the whole crypto market. Bitcoin’s Performance in 2023 Bitcoin has witnessed a lot of ups and downs in 2023. BTC has started the year with a trading price around the $20K mark and clearly shows bullish intent. In April, Bitcoin reached a new high in trading price. BTC has crossed the psychological mark of $30k for the first time since June 2022. Moreover, with this significant milestone, Bitcoin became the top-performing asset in the crypto market in Q1 of 2023. The performance of BTC has gained remarkable attention in the crypto market. Investors have started expecting the bullish trend of Bitcoin to continue and reach its next high. However, after crossing the $30K mark, BTC suddenly falls below the $28K mark within a few days. A lot of factors continue to affect the crypto market, which has started reflecting on the Bitcoin trading price. The continuous lawsuit against the crypto firms by the U.S. Securities and Exchange Commission had a great impact on the crypto market. Following that, Bitcoin fell for consecutive days from its peak of $30k. Moreover, the Fed’s interest rate hike is also expected to be one of the factors that affect the BTC trading price. After that, the trading price of Bitcoin continued to decline and traded at around the 25K mark. The whole crypto market has witnessed a downward trend after the SEC filing against the leading crypto exchanges, Binance and Coinbase. Peter Schiff, the founder of Schiff Gold, has expressed his view on BTC reaching the $28K mark yesterday. Peter Schiff stated that this price surge hasn’t been achieved due to any type of brokerage platform. Several Factors Contributed to the BTC Surge However, the SEC’s effect on BTC didn’t last for long. As the world’s largest cryptocurrency, BTC has broken $30,000 for the second time this year. The cryptocurrency has surged more than 10% over the last 24 hours. The BTC’s surge comes as several incidents take place, including BlackRock’s filing for spot Bitcoin ETF applications. On Tuesday, the EDX cryptocurrency exchange announced that it will provide four tokens in the United States, including Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. Following the announcement, Bitcoin Cash (BHC) has also increased, rising 25% on the day. Moreover, the German-based Deutsche Bank announced that it has applied for a digital asset custody license in Germany. The news boosts the crypto market as the leading financial provider in Germany is interested in crypto adoption. At the time of writing, the trading price of Bitcoin is around $30,073, with an increase of 7.74% in the last 24 hours. The trading volume of BTC has witnessed a massive surge of 70.92%, according to CoinMarketCap. Moreover, the bullish momentum is expected to take BTC to greater heights in the upcoming days.

Mexico City, Mexico, June 21st, 2023, Chainwire ENO, the native token of an emerging wine industry platform, has been listed on LATOKEN. The news marks a milestone in the history of wine while cementing LATOKEN’s reputation as a testbed for innovative new tokens. The ENO platform aims to provide access to a rapidly expanding wine ecosystem while distilling the greatest elements of the industry by combining centuries of tradition with web3 technology. Wine culture has fascinated people for centuries, and web3 offers exciting and disruptive opportunities. ENO’s listing on LATOKEN will allow users of the global exchange to tap into a new web3 vertical and to leverage a digital asset that enables users to enjoy exclusive experiences that combine art, music, web3 technology, and wine. Through the ENO platform, this club provides access to special auctions, unique wine-tasting experiences, and the opportunity to acquire limited-edition wine bottles in collaboration with renowned artists from around the world. Being part of this select group of wine enthusiasts and NFT collectors brings wine culture to a new audience. The ENO platform also includes the Wine Academy, an educational portal that uses blockchain technology to issue digital certificates based on the courses aspiring vintners have completed. ENO brings together farmers, vineyards, exporters, importers, consumers, sommeliers, hotels, and wine enthusiasts in a decentralized community, expanding the horizon of wine culture. The ENO token listed on LATOKEN on June 20, marking a new chapter in the fusion of tradition and technology. About ENO ENO is a platform that combines the tradition of wine with technological innovation. Its goal is to facilitate access to the wine ecosystem and promote the growth of wine culture worldwide through the implementation of advanced technologies such as tokenization. About LATOKEN LATOKEN is a globally recognized token exchange platform. It offers a stable trading environment backed by real assets and provides opportunities for participation in innovative and promising projects. For more information about ENO and its inclusion in LATOKEN, please visit: Official Website | Twitter | Telegram | Facebook | Instagram | YouTube Channel Contact Co-Founder Alberto Fernandez ENO [email protected]

PBM intends to let crypto senders establish criteria for digital currency transactions. Amazon, DBS, and Grab are just some of the fintech companies testing out PBM. The Monetary Authority of Singapore (MAS), has proposed a universal protocol that would outline the parameters for the usage of different cryptocurrencies. The Monetary Authority of Singapore (MAS) released a white paper on its new Purpose Bound Money (PBM) concept on June 21. The report details the idea’s lifespan and lists the financial institutions and fintech companies that will be involved in the pilot program. Strengthening Positions of Digital Currencies PBM intends to let digital currency senders establish criteria for digital currency transactions, such as validity duration and kinds of shops, for digital currencies across multiple systems, such as central bank digital currencies (CBDCs) or stablecoins. This has strengthened the position of digital currencies in the future financial view, according to Sopnendu Mohanty, the chief fintech officer of MAS. The paper’s development included input from the World Bank, the European Central Bank, the Bank of Italy, the Bank of Korea, and others in the financial sector. Amazon, DBS, and Grab are just some of the fintech companies testing out PBM. For online purchases, Amazon will explicitly test out escrow-like agreements. Payment to the retailer won’t be made until the buyer has actually received the goods. The white paper also suggests that governments, banks, and fintech firms study the practical applications of digital currency more thoroughly. This comes as Singapore continues to show support for the cryptocurrency industry. Circle, the company behind the USDC stablecoin, was granted a license on 7 June with other major financial institutions. Crypto exchange Crypto.com, had its own MAS license issued only days before.

For the gladiators who don’t know, Spectral Stadiums is the genesis collection of 5555 NFTs with underlying utilities on the Gladiator ecosystem. The Gladiator ecosystem is building a massive sports fan engagement platform which brings a 360-degree- immersive sporting fan experience with XR/VR technologies that revolutionize how we watch, play, and predict live IRL games. Gladiator Ecosystem: Spectral Stadium NFTs are just the beginning of the awe-inspiring Gladiator Ecosystem. The trifecta of extraordinary products designed to elevate your sports journey to extraordinary heights rules the roost. First up, we’ve got FanCrypt, the fantasy sports platform that will test your skills and knowledge like never before, with sweet prizes waiting to be won. Join over 10,000+ active users and witness FanCrypt’s meteoric rise as the premier web3 fantasy sports platform. Get ready to showcase your expertise and be rewarded like never before! Prepare to be dazzled by PitchVision, an avant-garde XR/VR technology that immerses you in a dynamic and captivating game-watching experience. Feel the adrenaline rush as you become an active participant in the action, taking the traditional sports viewing experience to unprecedented levels. And let’s not forget G-Rush, the ultimate haven for sports enthusiasts! Engage in thrilling gameplay, seize the opportunity to win incredible prizes, and earn coveted IRL rewards and $SGTR tokens. Get ready to embark on an extraordinary journey where your passion for sports knows no bounds! Now time for the first BIG news. Spectral Stadiums now has its own Digital Space. That’s right. We’ve created a virtual haven that’s bursting with life and energy. This is not some static museum; it’s a vibrant, dynamic arena where the action is live and kicking! And guess what? It’s live and ready for you to explore! Meet fellow fans, interact with community members, and discover a whole new level of sports engagement. This digital space is where the magic happens, where the thrill of the game comes alive. So, don’t miss out on the action – come on in and be part of something truly extraordinary! Check it out Now! Welcome to the future of sports fandom Folks! Now time for the second BIG news… COUNTDOWN TO THE GRAND UNVEIL!!! It’s time to make some noise because the wait is finally over. Spectral Stadium NFTs are about to take the world by storm. Mark your calendars because June 23, 2023, is the big day! That’s when Spectral Stadiums NFTs will hit the scene, and you won’t want to miss out. Snag your very own piece of this historic revolution for just 0.025ETH. Believe us when we say, this is an opportunity you don’t want to pass up. As you gear up for this monumental launch, we want to ensure your journey is smooth and secure. Here are a couple of tricks to keep in mind while purchasing your Spectral Stadiums NFTs: Do Your Research: Take the time to understand the process and familiarize yourself with the platform. Read through our website, explore our social media channels, and gain insights from the community. Stay Vigilant: Be cautious of phishing attempts and scammers lurking in the digital realm. Always double-check URLs, verify the authenticity of communication channels, and exercise caution when sharing personal information. Join the community to cut down the scam noise. Meet the Founding team The Gladiator ecosystem is the brainchild of GLADIATOR INFOTECH LLP and Digital Strom LLC, Dubai. Led by a visionary founder Akash Patel, who previously founded streaming solutions to take the cricket World Cup to every household in India and provided CRM services to Uber. The Advisory team include, Jibran, Founder – Manifest Studios, Goddesses of sun, NFT KHI. Caleb, core team member at Omega Alpha. Gameskii – Founder – OctagonWeb3. James, Ex- Otherside Collab Manager. Matt – NFT advisor. Are you as hyped as we are? We thought so! Join us on this extraordinary journey by staying in the loop with all the latest updates and insights. Head over to our website at spectralstadiums.io to catch a glimpse of the magic. Follow us on Twitter at @spectralstadium for all the buzz and banter. And if you’re looking for a place to connect with like-minded fans, our Discord channel is where the party’s at. Also, Don’t forget to check us out on premint. Get ready to be part of a cosmic tapestry where your love for sports collides with cutting-edge technology. Spectral Stadiums NFTs are more than just digital assets; they’re your keys to an epic realm of sporting adventures. So, don’t miss your chance to redefine the future of sports fandom. Seize the moment, grab your ticket to immortality, and let the games begin! We can’t wait to embark on this unforgettable journey with you. Twitter: https://twitter.com/spectralstadium Discord: https://discord.com/invite/gHhkAbYbP6 Gitbook: https://spectralstadiums.gitbook.io/s/ Website: https://spectralstadiums.io/ Medium: https://medium.com/@spectralstadiums

Since inflation is still over the central bank’s 2% objective, he predicted further rate rises. The likelihood of a rate rise of 25 basis points at the FOMC meeting on July 26th is high. On Wednesday, Bitcoin and Ethereum values touched their highest point in six weeks, marking a general resurgence in the cryptocurrency market. In the previous day, the price of Bitcoin has increased by 8% to over $29,000, while the price of Ethereum has increased by 6% to over $1800. Meanwhile, in testimony before the US House Financial Services Committee, US Federal Reserve Chair Jerome Powell indicated that the current hiatus in interest rate increases is only temporary. Since inflation is still over the central bank’s 2% objective, he predicted further rate rises. The likelihood of a rate rise of 25 basis points at the FOMC meeting on July 26th has increased to 80%, as reported by the CME FedWatch Tool. Traders anticipated that prices would retrace again since it was another short squeeze event that triggered a strong market comeback. Market Optimistic Over ETF Filings After BlackRock iShares spot Bitcoin ETF filed with the US SEC last week, the market began to rebound, prompting other financial behemoths to file for Bitcoin ETFs. Institutional interest in the cryptocurrency market has contributed to a rising tide of optimism. Bitcoin’s upward momentum continues as the cryptocurrency bounced back from the $24,800 support level. New purchasing activity from whales and institutional interest in cryptocurrency sent the price of Bitcoin soaring beyond $29,000 today. On the other hand, in response to growing regulatory tensions led by the U.S regulatory body, the world’s largest cryptocurrency exchange, Binance, has announced the launch of a digital asset platform in Kazakhstan. Binance Kazakhstan and representatives from the Kazakh financial industry held a press conference on June 20, 2023, to announce the opening of the new platform.

Struct Finance, backed by Ava Labs, has launched customizable interest rate products on the mainnet. Now cautious investors no longer need to avoid DeFi, whether they are institutions or smaller players. The mainnet launch of Struct Finance’s cutting-edge Interest Rate Vaults and a distinctive tranching mechanism was announced today. Struct Finance is a DeFi platform that allows investors to interact with bespoke structured financial products tied to digital assets. Users may now invest in products catered to their risk-return preferences, offering predictable and diversified returns, amid the very volatile crypto market. Innovative investment instruments called “structured financial products” are developed from and connected to underlying on-chain or physical assets. To meet particular investing goals, they make use of a range of credit/risk, liquidity, and maturity transformation approaches. These investment products draw interest from a wide range of investors because they provide risk-return dynamics that differ from the underlying assets. On Struct Finance, various tokens, tokenized derivatives, vaults, pools, and protocols interact in an unrestricted way to create novel products that are suited to the risk tolerance of the investor. Through an innovative method known as “tranching,” the new Interest Rate Products enable anybody to split and repackage the risk of any yield-bearing DeFi assets in numerous ways to meet their risk profile. The user has the option of fixed returns (10%) at a reduced risk or variable returns (up to 65%) at a larger risk. Each Interest Rate Product is a single vault divided into two tranches, each of which has a distinct return structure: A fixed-return tranche for cautious investors seeking steady profits. A variable-return tranche for investors wanting bigger profits but with a higher risk tolerance. To achieve predictable returns, the yield from the underlying asset goes into the fixed tranche first. The remaining funds are then distributed to the variable tranche, which now has increased exposure to the underlying yield-bearing asset. The variable tranche may provide a greater yield than the fixed tranche, less yield, or no yield at all. Interest Rate Products provide risk-averse investors seeking greater yields a way to be protected against conservative investors seeking a set rate. Depending on their risk tolerance, consumers may choose between Fixed and Variable Tranches using the innovative “tranching” mechanism. Through trading, institutional liquidity and crypto derivatives may basically exchange liquidity. Struct has established an initial cap per tranche for secure operations with a pledge to progressively raise these limits over time. In addition, Struct Finance will provide the Struct Factory, a feature that none of its rivals currently offer, to let investors create their own customized structured financial products on-chain. Notably, these unique solutions will benefit not just the creators but also the general public, promoting a more inclusive and flexible financial climate. You may create your own Interest Rate Product utilizing assets like USDC, BTC.b, AVAX, or WETH thanks to this ground-breaking innovation. Struct Finance offers back-testing assistance to help you with the product development process. The absence of fixed-yield returns in the cryptocurrency market has prevented both bigger institutions and smaller players with more cautious risk appetites from entering. Given that permissionless liquidity pool switching is permitted by the Struct Factory, fixed-rate returns may become prevalent enough to tame the erratic and unpredictable returns of Web3. Once unlocked, fixed-rate returns have the potential to open the DeFi up to institutional liquidity without jeopardizing the fundamental principles of decentralization. For the benefit of its customers, Struct Finance is integrating with GMX and using the Liquidity Provider Token (GLP) from GMX to provide predictable returns in the form of Fixed and Variable Returns. GMX is a pioneering decentralized exchange renowned for its cutting-edge features and capabilities, including the GLP token. This token is presently a key component of GMX’s trading system and marks a major industry advance. Struct Finance uses GLP to provide consumers with a stable and variable return while also giving GMX access to liquidity through the GLP token. Through this interface, Struct Finance is able to satisfy the liquidity requirements of the GMX platform while optimizing returns for its consumers.

In the past 24 hours, the original meme coin DOGE has demonstrated an increase of nearly 6%. A sizeable sum of 306,260,470 DOGE was moved between internal wallets on the Binance exchange. The rise of Dogecoin by almost 6% closely followed the positive trend of Bitcoin, the leading digital currency In the last 24 hours, DOGE, the original meme coin, has experienced a rise of just under 6.9%. Today, a significant amount of Dogecoin, valued at nearly $20 million, was transferred. The transaction occurred approximately two hours ago. According to a recent tweet from @DogeWhaleAlert, a notable amount of 306,260,470 DOGE was moved between internal wallets on the Binance exchange. Such transfers are common, especially when exchanges engage in activities such as establishing new cold wallets or conducting other operational processes involving stored funds. Dogecoin surges 6.9% alongside Bitcoin Prior to this transfer, Dogecoin witnessed an increase of nearly 6.9%, following the upward trend of Bitcoin, the leading digital currency. Currently, DOGE is valued at $0.06598. BTC experienced a gain of 12.92% in the last 24 hours, reclaiming the $28,000 level and crossing $30,000. This growth can be attributed to the announcement of major Wall Street financial firms, including Fidelity, Charles Schwab, and Citadel Securities, expressing their support for a newly launched cryptocurrency exchange called EDX. Additionally, there are rumors circulating that Fidelity intends to submit an application for a Bitcoin spot ETF, taking inspiration from BlackRock, the world’s largest fund manager, which recently did the same. Furthermore, Ethereum has regained the $1,890 level and is currently being traded at $1,828, according to CoinMarketCap.

Conflux currently displays an intriguing Descending Channel Pattern. Traders eye a target price of $0.449 for CFX. In this technical analysis, let’s examine the price action of CFXUSDT within a descending channel pattern on the daily time frame. Technical analysis is a method used by traders and investors to analyze historical price data and identify potential future price movements based on patterns, trends, and indicators. CFXUSDT is a trading pair representing the price of Conflux (CFX) quoted in USDT. The descending channel pattern is a technical chart pattern characterized by a series of lower highs and lower lows, indicating a downward trend in the price movement. From June 10th to June 20th, the price of CFX exhibited a period of consolidation near the support level within the descending channel. This consolidation phase suggests a temporary equilibrium between buyers and sellers, often referred to as a period of indecision. During this time, market participants may be accumulating positions, preparing for a potential shift in market sentiment. The subsequent range breakout, which is the price movement beyond the upper boundary of the consolidation range, indicates a potential change in momentum. Breakouts are significant events in technical analysis as they signify a shift in the balance between supply and demand, often leading to substantial price movements. Currently, the price of CFXUSDT is approaching the resistance area within the descending channel. The resistance level represents a price level at which selling pressure has historically been strong, causing the price to reverse or consolidate. Traders and investors closely monitor the resistance area as a potential key level for a breakout, which could signal a bullish rally and a potential trend reversal. By analyzing the technical patterns and price action, traders can develop trade setups and strategies to capitalize on potential market opportunities. In the following sections, we will outline a trade setup for CFXUSDT based on the observed price dynamics and provide specific entry, target, and stop loss levels to guide traders in their decision-making process. CFX Price Chart (Source: TradingView) CFX Price Analysis: Trade Setup Entry Point: According to the Smart Money Concept, a suitable entry point for this trade setup is at $0.2080, preferably after the breakout above the resistance area. This entry level aligns with the expectation of a bullish rally following the breakout. Target: The target for this trade setup is set at $0.4490, indicating a significant upside potential from the entry level. This target reflects the anticipated price movement once the breakout above the resistance area is confirmed. Traders should consider monitoring the price action and adjust their targets accordingly. Stop Loss: To effectively manage risk, it is recommended to set a stop loss at $0.1900. Placing the stop loss below the entry level helps protect against potential downside risks. Traders should be mindful of adjusting their stop loss level as the trade progresses, considering factors such as price volatility and market conditions. CFXUSDT has been trading within a descending channel pattern, and recent price action suggests a potential bullish breakout. Traders can consider entering the trade after the breakout above the resistance area at $0.2080, with a target set at $0.4490. It is essential to implement a stop loss at $0.1900 to manage risk effectively. As with any trading decision, it is crucial to conduct thorough analysis, monitor the market, and adjust the strategy based on changing conditions. Disclaimer: Any information contained in this article is not proposed to be and doesn’t constitute financial advice, investment advice, trading advice, or any other advice. The NewsCrypto is not responsible to anyone for any decision made or action taken in conjunction with the information and/or statements in this article.

Solana currently displays an intriguing Ascending Channel Pattern Traders eye a target price of $19.35 for Solana. Trading patterns provide valuable insights into the behavior of financial markets, helping traders identify potential opportunities for profit. One such pattern that has emerged on the daily time frame for the Solana cryptocurrency pair is the ascending channel. This pattern is characterized by a rising support line and a parallel resistance line, suggesting a potential bullish outlook for the asset. Over the course of several days, from June 14th to June 20th, SOLUSDT exhibited a consolidation phase within the boundaries of the ascending channel. This period of consolidation indicates a period of indecision among market participants, as buying and selling pressures balanced each other. However, as the price approaches the resistance area of the channel, traders are now closely monitoring for a breakout, which could serve as a confirmation of an upcoming bullish rally. SOL Price Chart (Source: TradingView) SOL Price Analysis: Trade Setup Entry Point: According to the Smart Money Concept, a fresh entry can be taken at $16.40, preferably after the breakout above the resistance area. The idea behind this entry point is to confirm the breakout and participate in the potential bullish momentum that may follow. Target: The target for this trade setup is set at $19.35. This target represents a notable upside potential from the entry level and reflects the expected price movement once the breakout above the resistance area is confirmed. It is important to note that targets are subjective and should be adjusted based on individual risk tolerance and market conditions. Stop Loss: To manage risk effectively, a stop loss is recommended at $16.00. Placing the stop loss below the entry level helps protect against potential downside risks. If the price reverses and hits the stop loss, it would indicate a failed breakout and the trade would be exited to limit losses. Risk management is a crucial aspect of trading, and placing a stop loss is essential to protect against potential losses. For this trade setup, it is recommended to set a stop loss at $16.00, which is positioned below the entry level. This ensures a controlled exit in case the trade does not unfold as expected, minimizing potential downside risks. Traders should be aware that trading involves inherent risks and market conditions can change rapidly. Conducting thorough analysis, considering individual risk tolerance, and staying updated with market developments are essential factors for successful trading. By carefully evaluating the ascending channel pattern, the consolidation phase, and employing risk management strategies, traders can strive to capitalize on potential bullish opportunities in the SOLUSDT market. Disclaimer: Any information contained in this article is not proposed to be and doesn’t constitute financial advice, investment advice, trading advice, or any other advice. The NewsCrypto is not responsible to anyone for any decision made or action taken in conjunction with the information and/or statements in this article.

Polygon Labs has revolutionized the cryptocurrency education landscape with their groundbreaking no-code platform. Introducing Polygon Copilot, the beta AI guide that caters to both novice and experienced users in the cryptocurrency realm. Polygon Copilot, powered by the state-of-the-art ChatGPT-4, is here to tackle the rising complexities of the ‘ZK era’ in cryptocurrencies. Following the establishment of OpenAI’s ChatGPT, prominent figures in the cryptocurrency industry began utilizing it to educate their communities. One notable development came from Polygon Labs, which introduced a novel no-code platform aimed at explaining the fundamentals of Polygon (MATIC) to enthusiasts. The platform even includes pre-designed ChatGPT prompts to facilitate the process of asking questions. Polygon Unveils Polygon Copilot In a beta release, Polygon Copilot, an AI guide trained on publicly available Polygon (MATIC) documentation and general Web3 content, has been launched. This resource enables individuals to enhance their understanding and experience with Polygon (MATIC), irrespective of their level of familiarity with cryptocurrency. The announcement was made on June 21, 2023, via Polygon’s (MATIC) Twitter account. The collaborative effort behind Polygon Copilot involves Polygon Labs and Layer-E, a start-up specializing in the monetization of Web3 content. Leveraging ChatGPT-4, the most advanced publicly accessible offering from OpenAI, Polygon Copilot aims to tackle the growing intricacies of the cryptocurrency landscape during the “ZK era,” as stated by Polygon Labs.

The investment management business received $8.6M in exchange for selling 31,500 shares. 73,113 Tesla shares were sold by Cathie Wood’s firm on June 16 for about $19.05 million. Despite the electric vehicle (EV) titan reaching eight-month highs and up over 28% in June, the Cathie Wood-led Ark Invest business cut large Tesla stock holdings on Tuesday. The investment management business received $8.6 million in exchange for selling 31,500 of Elon Musk’s Tesla shares. Ark Invest, led by Cathie Wood, liquidated its Tesla stock holdings the day before Elon Musk’s meeting with the Indian PM because the business plans to invest in India. Yesterday, Tesla stock finished nearly 5% higher, for a monthly gain of 45.31%, trading at $274. Ark Investment has been on a buying and selling binge as it continues to reap huge gains from its holdings in Tesla. When Tesla’s stock dropped last year, Ark pounced. Cathie Backs Coinbase An earlier transaction involving 73,113 Tesla shares was completed by Cathie Wood’s investment management business on June 16 for about $19.05 million. Cathie Wood has been a vocal advocate for Tesla for years, claiming the electric vehicle manufacturer will become a trillion-dollar business in the near future. While visiting the United States, Indian Prime Minister Narendra Modi met with Tesla CEO Elon Musk to explore expanding the company’s operations in India. Elon Musk has been considering opening new Tesla assembly plants in China and India. Moreover, after the Securities and Exchange Commission (SEC) sued Binance, one of Coinbase’s biggest competitors, ARK Invest CEO, and CIO Cathie Wood recently discussed why her flagship fund, Ark Innovation (ARKK), is increasing its position in shares of Coinbase (COIN) with Bloomberg. Ark has invested a total of $1.77 billion over three different funds, with an average entry price of $272.75 to $282.93. Recommended For You: Binance Launches Regulated Digital Asset Platform in Kazakhstan

L1TF proposes a maximum quota for LUNC supply in July and August. Terra Classic will transfer from Columbus-5 to Columbus-6 in August and September. In Q3, the Joint L1 Task Force (L1TF), which is responsible for developing the basic infrastructure of Terra Luna Classic, submitted a new proposal to continue the network’s development and maintenance. The L1TF development team primarily aims to use the market module to improve and speed up LUNC and USTC supply reduction. To help external teams like ‘quant’ for USTC repeg, the L1TF plans to enhance the Cosmos SDK, integrate Edward Kim’s Block Entropy AI app chain, allow Token Factory, and more. Significant Updates The project manager for the Joint L1 Task Force LuncBurnArmy has updated the Terra Luna Classic development team on a new proposal for Q3. The team has upgraded the Cosmos SDK to version 0.45.13 and Tendermint to version 0.34.24 and implemented a minimum validator commission of 5%, so they feel confident submitting their Q3 activities and budget. L1TF proposes a maximum quota for LUNC supply in July and August, as well as an upgrade to a stable version of Cosmos SDK and testing of the market module in the USTC test environment. In order to reduce blockchain size and improve efficiency for validators and infrastructure providers, Terra Classic will transfer from Columbus-5 to Columbus-6 in August and September. When it comes to Terra Classic and the ‘quant’ team for USTC repeg, the Joint L1 Task Force will collaborate with Edward Kim to implement the Block Entropy AI app chain. The proposed budget for the third quarter is $133,000 (1.48 billion LUNC). At the conclusion of each quarter, any remaining funds in the budget will be returned to the community pool.

The platform will include a number of services tailored to the needs of its Kazakh consumers. Freedom Finance Bank, a Kazakh bank, will provide the banking services. In light of mounting regulatory concerns in the West, the global cryptocurrency exchange Binance has announced the opening of a regulated digital asset platform in Kazakhstan. On June 20, 2023, Binance Kazakhstan and members from the financial sector in Kazakhstan held a press conference to announce the launch of the new platform. A permanent license to provide a digital asset platform and custodial services at the Astana International Financial Centre (AIFC) in Kazakhstan was granted to the cryptocurrency exchange by the AIFC Financial Services Authority in October of last year, following the exchange’s receipt of in-principle approval to operate in Kazakhstan in August. Banking on International Expansion The new platform will include a number of services tailored specifically to the needs of its Kazakh consumers, such as the ability to deposit and withdraw fiat currency and the storage of digital assets. Freedom Finance Bank, a Kazakh bank, will provide banking services that will enable new users of the digital asset exchange to deposit fiat currency into their accounts. Currently, Freedom Finance Bank accepts deposits and withdrawals through bank cards and direct bank transfers for fiat currency. This new action by the most popular cryptocurrency trading platform comes as regulatory concerns mount in the United States and many European nations. U.S. regulatory agency, the Securities and Exchange Commission (SEC) has filed lawsuits against Binance. The SEC is leading the probe against Binance, but European officials are reportedly collaborating with them. On the other hand, Bitcoin (BTC) had a substantial increase of over 8%, up to the $29,000 level. This remarkable price shift has sent shockwaves across the market. Leading major altcoins also witness gains. Recommended For You: U.S Court Grants 120 Days’ Time to SEC in Coinbase Lawsuit

TORONTO–(BUSINESS WIRE)–$ETHC–Ether Capital Corporation (“Ether Capital”, “ETHC” or the “Corporation”) (NEO: ETHC) announced today that at the June 16, 2023, annual meeting of shareholders (the “Meeting”), the holders of common shares of the Corporation (“Shareholders”) fixed the number of directors to be elected for the ensuing year at six. Shareholders also authorized and empowered the directors to determine the number of directors of the Corporation from time-to-time within the minimum and maximum number of directors as provided in the articles of the Corporation and the number of directors to be elected at the annual meeting of the shareholders of the Corporation. The percentage of votes cast “for” or “against” from the vote are set forth below. DIRECTOR FOR WITHHELD Brian Mosoff 7,891,786 (98.911%) 86,853 (1.089%) Som Seif 7,919,836 (99.263%) 58,803 (0.737%) Boris Wertz 7,519,284 (94.243%) 459,355 (5.757%) Colleen McMorrow 7,510,635 (94.134%) 468,004 (5.866%) Camillo di Prata 7,510,933 (94.138%) 467,706 (5.862%) Liam Horne 7,891,786 (98.911%) 86,853 (1.089%) The results of these matters considered at the Meeting are reported in the Report of Voting Results as filed on SEDAR (www.sedar.com) on June 21, 2023. About Ether Capital Corporation Ether Capital (NEO: ETHC) is a public company that invests its balance sheet in Ethereum’s native utility token “Ether” as a core strategic asset while generating yield through staking the majority of its Ether balance with the primary goal of being a net-accumulator of Ether. It develops unique intellectual property in its pursuit to maximize profits and optimize total return from staking. Ether Capital’s management team and Board of Directors is composed of crypto natives, leading venture capitalists and traditional finance experts, which uniquely positions the company to identify and capitalize on opportunities in the digital asset ecosystem. For more information, visit http://ethcap.co. The content of this document is for informational purposes only and is not being provided in the context of an offering of any securities described herein, nor is it a recommendation or solicitation to buy, hold or sell any security. The information is not investment advice, nor is it tailored to the needs or circumstances of any investor. Information contained in this document is not, and under no circumstances is it to be construed as, an offering memorandum, prospectus, advertisement, or public offering of securities. No securities commission or similar regulatory authority has reviewed this document and any representation to the contrary is an offence. Information in this press release is current only as of the date provided and Ether Capital is under no obligation to update this information, other than in accordance with applicable securities laws. Contacts Brian Mosoff Chief Executive Officer [email protected] Jillian Friedman Chief Operating Officer [email protected] Ashley Stanhope Senior Associate, KPW Communications [email protected]