In an era where blockchain technology and cryptocurrencies are revolutionizing the world of digital finance, interoperability has emerged as a vital catalyst for seamless transactions across diverse blockchain ecosystems. At DPEX, our unwavering commitment to innovation, transparency, and user-centric solutions drives us forward. With great excitement, we announce the integration of deBridge, an exceptional cross-chain interoperability solution, into our platform. This represents a significant milestone in our pursuit of excellence. Introducing deBridge: The Definitive Solution for High Performance Interoperability deBridge is a groundbreaking interoperability solution that facilitates effortless asset transfers across a wide range of both Ethereum Virtual Machine (EVM) compatible chains and diverse non-EVM blockchain ecosystems. With deBridge, the previously intricate hurdles posed by heterogeneous blockchains become a mere stroll in the serene park, empowering users to fully embrace the vast horizons of decentralized finance (DeFi). Reasons for Selecting deBridge and DLN API Our decision to integrate deBridge was driven by three core tenets: Unbeatable Speed, Competitive Rates, and Endless Liquidity. Unbeatable Speed: DLN API stands out with its impressive transaction speeds. Through this integration, users can effortlessly move assets across chains, natively, in record time, greatly enhancing the overall user experience on DPEX. Competitive Rates: deBridge’s DLN API offers the most competitive rates in the market, ensuring that users receive the utmost value from their transactions. Furthermore, by avoiding liquidity pools, DLN’s sophisticated algorithms protect users from potential price slippage and Miner Extractable Value (MEV), maximizing transaction value. Endless Liquidity: With DLN API, the limitations of liquidity are a thing of the past. deBridge unlocks access to boundless liquidity, enabling users to execute transactions of any size without concerns about market depth or liquidity constraints. Ensuring Security and Trust Trust is a crucial component in the DeFi landscape. deBridge understands this importance and therefore subjects its infrastructure to thorough audits by respected cybersecurity firms such as Zokyo, Halborn, Ackee Blockchain, and Neodyme. These audits are particularly significant since DPEX, the platform itself, undergoes scrutiny from Zokyo and CertiK. Through this meticulous audit process,deBridge ensures the security and reliability of its interoperability solution. In addition, deBridge has embraced the Immunefi bug bounty program, enabling security researchers worldwide to identify potential vulnerabilities in the system. This program enhances the platform’s security and reliability, reinforcing its robustness. Overall, deBridge prioritizes trust and takes significant measures to ensure the safety and dependability of its services. Take advantage of decentralized cross-chain leveraged trading by using Binance Smart Chain to trade on DPEX through deBridge. By leveraging deBridge’s integration with DPEX in combination with Binance Smart Chain, users can now reap the benefits of decentralized cross-chain leveraged trading. This enables users to trade assets across multiple blockchains without compromising their security. Furthermore, this integration provides users with access to an expansive range of markets and trading pairs, diversifying their portfolios and unlocking potentially lucrative opportunities. Stay tuned for more exciting updates! Up next, we’ll be integrating Solana using deBridge for DPEX. Expect even more chains to come your way! Unlock seamless connectivity with deBridge, effortlessly bridging assets from other chains to Polygon. Experience flawless interoperability like never before. Introducing the deBridge integration, now allowing users to effortlessly acquire MATIC on the Polygon chain without leaving DPEX. This seamless integration enhances transaction efficiency, bridging the gap between blockchain ecosystems, and elevating the overall user experience on DPEX. It not only benefits traders but also liquidity providers who require assets on the Polygon network. Our collaboration with deBridge goes beyond a mere partnership; it represents the fusion of shared visions and values, driving user empowerment and pushing the boundaries of the DeFi space. With this integration, we are one step closer to realizing our goal of delivering innovative, secure, and user-friendly solutions to our valued customers. Embark on a journey of endless possibilities with deBridge on DPEX today. Experience seamless interoperability, unparalleled convenience, and embrace the future of DeFi with DPEX and deBridge. About DPEX DPEX.io is a groundbreaking decentralized leverage trading platform that aims to reshape the way traders interact with the financial markets. By offering up to 50x leverage within a decentralized setting, DPEX stands at the forefront of the movement to democratize access to financial opportunities. The platform allows users to tap into leveraged trading without sacrificing the transparency, security, and autonomy that come with decentralized finance (DeFi). About deBridge deBridge is the infrastructure for high performance interoperability. By removing the bottlenecks and risks of liquidity pools, deBridge enables DeFi applications to scale faster with ultra capital-efficient and deep liquidity transfers across chains. Socials DPEX Website: https://dpex.io DPEX Twitter: https://twitter.com/DPEX_io DPEX Telegram: https://telegram.me/dpex_io DPEX Discord: https://discord.com/invite/aPvKNytvZT deBridge Website: https://debridge.finance deBridge Twitter: https://twitter.com/deBridgeFinance deBridge Telegram: https://t.me/deBridge_finance

You may remember Gora started off as Algoracle, before rebranding to Goracle in May 2022. The new name — Goracle — reduced confusion with Algorand, was easier to pronounce, and clearly identified what we did — an oracle service. With the network now on mainnet, thousands of participants in the community, and enough history to see the thousands of interactions various communities had with our brand, its time to take another major step forward in our journey and have our name reflect the essence of what we do. Why Gora? In Sanskrit, “Gora” means “mountain” or “elevated.” We chose this name as it symbolizes the strength, stability, and solidity of our platform, while retaining the core of what people have come to know us as. More than just an Oracle The Gora network is a more than just a traditional Oracle. Decentralized applications can use the network to run off-chain computations, or store larger amounts of data. Data that is retrieved, like megabytes worth of sports data, can be transformed and stored, before committing only the required data on chain. This allows for applications currently using web2 back-ends to truly decentralize, and eliminate the need for infrastructure that makes up for the shortcomings of traditional layer-1/2s. Further Differentiation The old name, Goracle, was a great step forward from Algoracle in helping us stand out on our own. But the name Goracle (often mispronounced G-Oracle), was ultimately too generic, lacking specificity in the overall Blockhain oracle sector. We wanted a name that would not just be memorable, but also stand out in the Blockchain Oracle sector. A New Chapter, Same Commitment Though our name has changed, our dedication to advancing the state-of-the-art in oracle technology remains. We are proud to be able to play a role in the future of bridging the gap between real-world data and blockchain networks, enabling developers to create cutting-edge dApps with accurate, real-time external data feeds. The $GORA Token: Where Identity and Utility Align As we embrace the name, Gora, we also celebrate the seamless alignment between our new identity and the $GORA token. The $GORA token powers our decentralized oracle network, serving as the lifeblood that fuels secure and reliable data feeds for smart contracts. The connection between “Gora” and “GORA” token showcases the harmony between our vision and the practicality of our ecosystem. We believe that a cohesive identity, encompassing both name and token, strengthens our position as a transformative force in the blockchain world. Embracing Innovation, Embracing Community Our journey has been shaped by the incredible support and enthusiasm of the blockchain community. The Gora Network is powered by a diverse and global community of developers, validators, influencers, partners, and enthusiasts. We are immensely grateful for the dedication and passion of our community members, whose contributions have been instrumental in making Gora what it is today. We extend our heartfelt thanks for being part of this journey. As we embark on this new chapter, we reiterate our commitment to fostering a collaborative and inclusive ecosystem. Looking Ahead: A Bright Future for Gora The rebranding to Gora marks an exciting chapter in our journey. As we look ahead, we have ambitious plans to continue evolving, expanding, and innovating. Our dedication to creating a secure, decentralized, and scalable oracle network will remain at the heart of all our endeavors. With upcoming growth in product offerings, expansions to different ecosystems and collaborations with prominent projects, we are confident that Gora will play a pivotal role in shaping the future of the blockchain industry. The rebranding process will be a well-thought-out and gradual journey, ensuring a seamless transition for our users and partners. We now begin the process of integrating our new brand identity across our website, social media platforms, and communication channels in a process to ensure a seamless update from “Goracle” to “Gora” by phasing out the old branding elements and embracing the new identity. Welcome to Gora, where the future of decentralized oracle solutions is limitless! About Gora Gora is a decentralized oracle network that links the Blockchain to the physical world. For more information about Gora, visit our Linktree.

The FBI has published a PSA alerting consumers against non-fungible token (NFT) scams in which fraudsters pretend to be the creators of well-known projects. It was noted that the criminals hijack the accounts of NFT developers and undergo digital theft activities by draining the victim’s wallet. Also, an alert number is been activated by the FBI as a safety measure. Alongside, questions can be raised to FBI Field Office with regards to PSA, said the agency. FBI Alerts on NFT Scam Criminals come up with new possible ways to cheat NFT users through social media. One among such is hijacking the profiles and draining the user’s wallet. The criminals impersonate the social profiles and provide new collections of fake NFTs with keyphrases like ‘limited supply’, ‘surprise’, or any unannounced mints. FBI seeks the urgency to intimate users as these operations are likely happening in and around. Making it clear, the FBI states in PSA that the victims are redirected to spoofed websites so that the criminal profile might look familiar and legitimate to buy the NFT with cryptocurrency transfers. In this way, the victims drain their wallets. In addition, the PSA read: Tips to Protect NFT Users Furthermore, this announcement adds certain tips to protect the accounts of NFT users from illegal theft. FBI indicates that any type of surprise NFT offers are termed suspicious so the background study of past announcements and mints is necessary to be checked before purchasing. Verifying the legitimate accounts of the particular NFT developer is important including their identification in the profile. If any account is found to be suspicious or fraudulent then referring or raising a complaint to the FBI Internet Crime Complaint Centre, is appreciable. Also, it would be better to mention ‘NFTHack’ in the complaint including their scam activities, says the FBI. Related Crypto News: Top NFT Projects By Social Activity 2023

Global payments giant PayPal (PYPL) has officially stepped into the cryptocurrency arena by launching its very own U.S. dollar-pegged stablecoin, PayPal USD (PYUSD). The announcement, made on Monday, marks a significant milestone as it is the first time a major financial company has issued its own stablecoin. Built on the Ethereum blockchain, PYUSD will soon be accessible to PayPal users in the United States, opening up a range of possibilities for seamless transactions within the platform. The stablecoin allows users to transfer funds between PayPal and supported external wallets, make purchases of goods and services, and convert any of PayPal’s supported cryptocurrencies to and from PYUSD. PayPal aims to expand the reach of its stablecoin beyond its existing user base, offering access to an extensive community of external developers, wallets, and Web3 applications. The company’s strategic approach positions PYUSD to be seamlessly integrated by various crypto exchanges, providing a robust and versatile stablecoin solution. PayPal’s new stablecoin will be issued by Paxos Issued by New York-based crypto financial services firm Paxos Trust, PYUSD boasts full backing from U.S. dollar deposits, short-term Treasuries, and similar cash equivalents, instilling confidence in its stability and redeemability. The token’s value is tied to the U.S. dollar, ensuring it can be readily exchanged and redeemed for fiat currency at any time. PYUSD adds to PayPal’s existing lineup of supported cryptocurrencies, including Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH), and Litecoin (LTC). With its entry into the stablecoin space, PayPal is embracing the rapid shift towards digital currencies, recognizing the need for a reliable instrument that seamlessly bridges the gap between digital and fiat currencies. The stablecoin project underwent a brief pause in February, with regulatory scrutiny cited as the primary reason, according to reports from Bloomberg. However, the company’s persistence in responsible innovation and compliance has culminated in the successful launch of PYUSD. Dan Schulman, President and CEO of PayPal, expressed his enthusiasm for contributing to the growth of digital payments through the introduction of PYUSD. The stablecoin’s rollout will first take place on the PayPal platform and subsequently extend to the popular Venmo app, further expanding its accessibility to a wider user base. As PYUSD gains traction within the crypto and financial communities, all eyes are on PayPal’s evolving crypto strategy and its potential impact on the broader digital payments landscape. With a growing interest in stablecoins and their adoption in various sectors, the launch of PYUSD heralds an exciting new chapter in the world of cryptocurrencies and financial innovation.

Reports indicate that PayPal’s stablecoin, PYUSD, was originally intended to be launched in collaboration with FTX on the Solana blockchain in 2022. However, unforeseen circumstances led to a sudden suspension of these plans. The collaboration between PayPal and FTX for the initial issuance of PYUSD on Solana was unexpectedly put on hold. According to Colin Wu, the delay was primarily attributed to FTX’s unfortunate crash, which introduced uncertainty and prompted both parties to reevaluate their strategies. Solana Failure To Secure Partnership With PayPal Regulatory challenges arose due to the classification of main public chain tokens as securities by the US Securities and Exchange Commission (SEC), complicating the expansion of PYUSD to other Layer 1 (L1) blockchains. As a result, PayPal has now chosen to issue its stablecoin through the Paxos Trust Company, marking a significant shift in their original collaboration plans. PayPal, renowned as a leading online payment platform, had diligently prepared to launch their stablecoin, PYUSD, with the assistance of cryptocurrency exchange FTX. The collaboration aimed to leverage the speed and scalability of the Solana blockchain, renowned for its throughput and low transaction fees. This partnership sought to unlock new possibilities for PayPal within the rapidly expanding realm of digital assets. Unfortunately, the collaborative efforts between PayPal and FTX were abruptly interrupted when FTX experienced a significant crash. This unforeseen event forced both parties to suspend their work on PYUSD issuance through the Solana blockchain. The crash created an atmosphere of uncertainty and caution, compelling PayPal and FTX to reassess their plans and explore alternative approaches. Moving forward, PayPal’s PYUSD stablecoin will now be issued by the Paxos Trust Company. Initially available to eligible US customers, this digital asset enables seamless transfers within the PayPal platform and compatible external wallets. Additionally, users can utilize PYUSD for purchases and exchange it for other prominent cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and more. The unexpected delay in PayPal’s collaboration with FTX on the Solana blockchain highlights the challenges and uncertainties that can arise within the evolving crypto landscape. Overall, FTX’s crash and regulatory obstacles prompted PayPal to reconsider their strategy, leading to a shift in their issuance partnership to the Paxos Trust Company. As PayPal’s PYUSD stablecoin enters the market under this revised approach, it remains to be seen how this change in strategy will impact the stablecoin’s adoption and growth trajectory. Featured image from Unsplash, chart from TradingView.com

Worldcoin (WLD) has recently emerged as a subject of fervent discussion especially due to its biometric data collection through retina scans. Its launch came in amid the growing interest in decentralized finance (DeFi) and blockchain technology as well as new tokens and projects constantly striving to stand out and make a significant impact. Among the voices guiding investors through the labyrinthine world of crypto is Jordi Alexander, a renowned crypto influencer and the chief alchemist of the Mantle Network. Recently, he stirred conversations by drawing a parallel between Worldcoin and LUNA, though not entirely for auspicious reasons. According to the crypto influencer, Worldcoin might just be the next LUNA given some factors that comes with the token’s objective which makes it similar to LUNA which was portrayed as a “new digital currency” that needed to “maximize adoption in order to become useful.” The Rise Of Worldcoin And Its Ambitions Worldcoin, under the vision of Sam Altman – the brains also behind ChatGPT, has made headlines with its mission. The Worldcoin Foundation envisions creating the largest decentralized identity and financial network on the globe. Central to this vision is Worldcoin’s native token, WLD. For the project to be successful, WLD’s widespread adoption is imperative, as is its ability to service the “Orbs” used in the new user onboarding process via retina scans. In his discussion on Crypto Banter, Alexander elaborated on Worldcoin’s goal to position WLD as an alternative to fiat currencies. Their agenda to become a digital base currency mimics the aspirations that LUNA once held. The gravity of this comparison is substantial, especially when considering LUNA’s precipitous fall from grace due to financial challenges. Trillion-Dollar Bubble In The Making? While drawing parallels with LUNA, Alexander’s intent wasn’t to prophesize an equivalent success for Worldcoin but rather to signal the risks of potential downfall. A primary concern centers around the controversial methods that Worldcoin employs, notably, collecting biometric data through retina scans. The rapid appreciation of WLD’s value further compounds these concerns. Since its inception just over a week ago, the token’s value has surged significantly from $0.1 to as high as trading above $5. This growth has inevitably attracted a slew of investors, catapulting its market capitalization to more than $200 million. It’s this velocity of growth, coupled with Worldcoin’s overarching ambition, that leads Alexander to opine that the cryptocurrency might be veering into “bubble” territory. He even suggested the possibility of it snowballing into a trillion-dollar bubble if unchecked. Worldcoin (WLD) price is moving sideways on the 4-hour chart. Source: WLD/USDT on TradingView.com Featured image from Unsplash, Chart from TradingView

In a significant development, Ripple joined the International Swaps and Derivatives Association (ISDA), placing itself at the forefront of the derivatives market valued at a staggering $1.2 quadrillion. This move aligns Ripple with prominent industry leaders such as J.P. Morgan, Goldman Sachs, and BNY Mellon, solidifying its position within traditional financial systems. This particular membership category caters to technological solution providers and exchanges integral to the derivatives ecosystem and Ripple now stands equal with big players and elite groups in the high cadre of the crypto community. This move is a declaration of its ambitions and a sign of potential growth. Ripple’s Entry Into The Prestigious Circle The approval of Ripple’s entry into the ISDA marks a noteworthy achievement. The association, comprising more than 1,000 institutions spanning 79 countries, sets the benchmarks and guidelines for the global derivatives market. A famous X ( formerly known as Twitter) user and a Ripple advocate JackTheRippler shared the news in a recent tweet which triggered excitement from many users. By joining this distinguished league, Ripple underlines its commitment to bridging the gap between the realm of cryptocurrency and the world of traditional finance. This development comes after Ripple launched its own Central Bank Digital Currency (CBDC) platform to enable governments to create their own digital currencies. The firm is also looking to enter the real-world assets (RWAs) sector as it believes the tokenized assets market could rise as high as a $30 trillion market cap. Impact On Ripple And Beyond: A Ripple Effect With the recent legal clarity surrounding XRP due to a favorable ruling, Ripple’s engagement with the ISDA presents opportunities for deeper collaboration and the wider acceptance of cryptocurrencies within the traditional financial realm. The cryptocurrency community is buzzing with enthusiasm over Ripple’s new affiliation. This calculated maneuver signifies Ripple’s intent to firmly establish its presence in the financial landscape, enabling strategic alliances with major financial institutions and unlocking opportunities for the XRP cryptocurrency. Although the immediate impact on Ripple’s valuation remains uncertain, this strategic collaboration sets the stage for prospective growth. Ripple’s inclusion among well-established institutions widens doors for increased acceptance and adoption of cryptocurrencies within conventional financial systems. Despite the latest development, XRP’s price has not responded positively. Rather, the altcoin continues to see losses on both the daily and weekly charts. It is currently trading at $0.61, translating to 2.11% and 12.01% losses on the daily and weekly charts, respectively.

Shiba Inu has gone down 10% since hitting a local top two days ago. But here are some metrics that suggest the rally could still continue. Shiba Inu On-Chain Metrics Have Seen Positive Developments Recently Shiba Inu had been stuck in a perpetual sideways trend during most of July, but the meme coin’s fate switched in the first few days of this month as its price showed some strong upwards momentum. In this rally, the asset had managed to breach the $0.00001000 level, meaning that it had risen almost 30% in a matter of days. The coin, however, couldn’t keep this rise up and soon hit a local top, and since then, SHIB has been moving down. The below chart shows how Shiba Inu has performed during the past month: As you can see in the graph, while SHIB has seen a notable 10% drawdown since the top around two days back, the full gains of the rally haven’t been wiped out just yet. Shiba Inu is still around 9% up during the past week, which makes it by far the best-performing coin among the top assets by market cap, as most of the sector has in fact gone into the red in this period. Investors of SHIB’s eternal rival, Dogecoin, for instance, are 5% underwater in the past seven days. When looking at only the last 24 hours, though, the meme coin is the worst-performing top coin, as it has registered losses of around 5%. So it’s possible that Shiba Inu has already lost its steam and the asset would gradually keep declining until all the profits of the rally are retraced. Data from the on-chain analytics firm Santiment, however, might provide a glimmer of hope to the meme coin’s holders, as some positive developments seem to have occured in the coin’s underlying metrics. There are two indicators of interest here: the “trading volume” and the “supply on exchanges.” The former of these is the measure of the total amount of SHIB that investors are transacting on the blockchain right now, while the latter keeps track of the total number of coins sitting in the wallets of all centralized exchanges. From the chart, it’s visible that the trading volume has shot up for the asset recently. This is a sign that there is a high amount of interest around Shiba Inu right now, which could potentially help fuel more price surges. The supply of exchanges, on the other hand, has registered a decline at the same time. This is also likely to be constructive for the meme coin, as these platforms are what investors use for selling-related purposes. Since holders are withdrawing their coins from them (possibly for holding onto the SHIB for extended periods), the selling pressure in the market as a whole may be going down. It’s far from a guarantee, but if these factors continue to stay favorable in the coming days, then a bounce back for the Shiba Inu rally may become more probable.

Operated approximately 210,000 owned and colocated bitcoin miners Produced 1,022 self-mined bitcoin and 493 bitcoin for colocation customers AUSTIN, Texas–(BUSINESS WIRE)–$CORZQ #bitcoin—Core Scientific, Inc. (OTC: CORZQ) (“Core Scientific” or “the Company”), a leader in high-performance blockchain computing data centers and software solutions, today announced production and operations updates for July 2023. Data Centers As of month-end, the Company operated approximately 210,000 bitcoin miners for both colocation and self-mining, representing a total potential hash rate of 22.2 EH/s at its data center facilities in Georgia, Kentucky, North Carolina, North Dakota and Texas. Self-Mining Core Scientific’s self-mining operations produced 1,022 bitcoin in July, including 22.9 bitcoin in transaction fees. As of month end, the Company operated approximately 145,000 of its own bitcoin miners, accounting for approximately 69% of its total number of miners and representing a total potential self-mining hash rate of 15.2 EH/s. Colocation Services In addition to its self-mining fleet, Core Scientific provided data center colocation services, technology and operating support for approximately 64,000 customer-owned bitcoin miners, representing approximately 31% of the bitcoin miners operating in the Company’s data centers as of July 31. Customer-owned bitcoin miners produced approximately 493 bitcoin in July. Grid Support The Company powered down its data center operations on several occasions due to seasonal high temperatures. Curtailments in July totaled 14,484 megawatt hours. Core Scientific works with utility companies and the communities in which it operates to enhance electrical grid stability. ABOUT CORE SCIENTIFIC Core Scientific (OTC: CORZQ) is one of the largest blockchain computing data center providers and miners of digital assets in North America. Core Scientific has operated blockchain computing data centers in North America since 2017, using its facilities and intellectual property portfolio for colocated digital asset mining and self-mining. Core Scientific operates data centers in Georgia, Kentucky, North Carolina, North Dakota and Texas. Core Scientific’s proprietary Minder® fleet management software combines the Company’s colocation expertise with data analytics to deliver maximum uptime, alerting, monitoring and management of all miners in the Company’s network. To learn more, visit http://www.corescientific.com. FORWARD LOOKING STATEMENTS AND EXPLANATORY NOTES This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, those related to the Company’s ability to scale and grow its business, meet its expected operating plan, source clean and renewable energy, the advantages and expected growth of the Company, future estimates of revenue, net income, adjusted EBITDA, total debt, free cash flow, liquidity and future financing availability, future estimates of computing capacity and operating capacity, future demand for colocation capacity, future estimate of hash rate (including mix of self-mining and colocation) and operating gigawatts, future projects in construction or negotiation and future expectations of operation location, orders for miners and critical infrastructure, future estimates of self-mining capacity, the public float of the Company’s shares, future infrastructure additions and their operational capacity, and operating capacity and site features of the Company’s operations and planned operations. These statements are provided for illustrative purposes only and are based on various assumptions, whether or not identified in this press release, and on the current expectations of the Company’s management. These forward-looking statements are not intended to serve, and must not be relied on by any investor, as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of the Company. These forward-looking statements are subject to a number of risks and uncertainties, including, but not limited to, the Company’s ability to obtain bankruptcy court approval with respect to motions in its Chapter 11 cases, successfully enter into and implement a restructuring plan, emerge from Chapter 11 and achieve significant cash flows from operations; the effects of the Chapter 11 cases on the Company and on the interests of various constituents, bankruptcy court rulings in the Chapter 11 cases and the outcome of the Chapter 11 cases in general, the length of time the Company will operate under the Chapter 11 cases, risks associated with any third-party motions in the Chapter 11 cases, the potential adverse effects of the Chapter 11 cases on the Company’s liquidity or results of operations and increased legal and other professional costs necessary to execute the Company’s reorganization; satisfaction of any conditions to which the Company’s debtor-in-possession financing is subject and the risk that these conditions may not be satisfied for various reasons, including for reasons outside of the Company’s control; the consequences of the acceleration of the Company’s debt obligations; the trading price and volatility of the Company’s common stock as well as other risk factors set forth in the Company’s reports filed with the U.S. Securities & Exchange Commission. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. Accordingly, undue reliance should not be placed upon the forward-looking statements. Please follow us on: https://www.linkedin.com/company/corescientific/ https://twitter.com/core_scientific Contacts Investors: [email protected] Media: [email protected]

XDC Price has declined by 5.20% in the past 24 hours. The market capitalization remains low, experiencing a decrease of 1.07%. XDC, the native cryptocurrency of Singapore-based XinFin Network, has captured the attention of the crypto community for over a month due to its impressive bullish performance. The coin recently reached an all-time high for the year at $0.08, marking an surge of over 300% from its monthly low of $0.03. Over the past 30 days, XDC soared by an impressive 123.71%. Behind this rally lies a significant collaboration with IMDA’s TradeTrust – a Singaporean framework designed to establish interoperability for electronic trade documents across various digital platforms. The collaboration marks a milestone for the XDC Network, with the potential to expand its reach and user base. It also serves as a driving force behind the recent surges in XDC’s value and trading activities. However, the current market scenario has prompted some speculation within the community about the sustainability of the ongoing bull rally. Presently, XDC is valued at $0.0693, reflecting a decline of 5.20% and a modest market capitalization decrease of 1.07% within a 24-hour timeframe. This has led to questions regarding whether the bullish momentum is beginning to wane. Is The End of the XDC Bull Rally Near ? An analysis of the daily price chart offers insights into the situation. While the price has dipped above the short-term 50-day simple moving average (50 SMA), indicating a prevailing bullish sentiment.But the recent price fluctuations suggest a potential downward shift and the emergence of bearish sentiment. A glance at the daily Relative Strength Index (RSI) reveals that XDC currently stands at 58, potentially hinting at an overbought condition. This observation raises the possibility of a correction in the near future. If the pattern trend continues, then the price of XDC might reach the resistance levels of $0.07690 and $0.12866. If the trend reverses, then the price of XDC may fall to the support of $0.06538, $0.05673, and $0.04682. Meanwhile, trading volume has experienced a slight increase of 5.85%, reaching $22,388,088. In conclusion, while XDC Network has enjoyed a sustained bull rally, recent market dynamics and technical indicators suggest a need for caution.

XRP is currently undergoing a notable price correction, with a 24-hour decline of 2.2% and a seven-day slump of 12.1%, bringing its price to $0.61 according to CoinGecko. However, amidst this downturn, prominent crypto YouTuber and XRP analyst, Alex Cobb, has set an ambitious price target of $10 for the digital asset, employing the Elliott Wave Theory to analyze its monthly price chart. Understanding Elliott Wave Theory Elliott Wave Theory is a technical analysis approach that seeks to predict price movements in financial markets by identifying recurring patterns in market sentiment. It is named after its creator, Ralph Nelson Elliott, who proposed that market prices unfold in repetitive patterns of five upward waves, called impulse waves, and three downward corrective waves. These waves are believed to reflect the psychology of market participants, alternating between optimism and pessimism. Amidst the bearish sentiment surrounding XRP, Cobb’s prediction of a $10 price target showcases his optimism and faith in the potential of the cryptocurrency. Cobb’s application of Elliott Wave Theory to the monthly price chart of XRP has led him to believe that a significant upward movement is on the horizon, potentially taking the price to unprecedented levels. Ripple’s Expanding Ecosystem Despite the current market challenges, Ripple, the company behind XRP, has been making notable strides in expanding its ecosystem. A major boost came in the form of Ripple’s membership acquisition in the International Swaps and Derivatives Association (ISDA), granting access to a massive derivatives market. This move has positioned Ripple among over a thousand member institutions from 79 countries, potentially opening new avenues for XRP’s adoption. Bullish Sentiment And Recent Developments Meanwhile, Ripple’s partial victory against the US Securities and Exchange Commission (SEC) has acted as a catalyst for bullish sentiment within the XRP community. With more clarity on XRP’s legal status as “not an investment contract,” Ripple has been able to focus on its developmental efforts and forge new partnerships. These developments, coupled with the company’s strides in technology and collaborations, drive the adoption of XRP tokens across various use cases. A recent analysis reveals that XRP finds itself at a crucial juncture as it clings to the 50 Exponential Moving Average (EMA) support level. This level has historically provided strong support during market downturns, often acting as a springboard for price rebounds. While the current market conditions are challenging, the reliance on this support level gives hope to XRP enthusiasts that a potential price recovery might be on the horizon. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from Crypto News Flash

The past week has painted a vivid picture of shifting investor sentiment worldwide. While Bitcoin and the broader cryptocurrency market witnessed a significant outflow of funds from investment products like ETPs, ETFs and funds, Solana (SOL) emerged as a beacon of hope for altcoin enthusiasts. A Dive Into The Numbers By Crypto Products Digital asset investment products experienced a net outflow of $107 million this week, a figure that underscores the growing trend of profit-taking that has been evident in recent weeks. “Digital asset investment products saw outflows this week, totalling $107m with profit taking gathering pace in recent weeks,” James Butterfill noted in his recent report published in CoinShares’ blog. Bitcoin, the de facto king of cryptocurrencies, bore the brunt of these outflows, seeing a staggering $111.4 million leave its coffers. This marks the “largest weekly outflows since March,” a time when US regulatory scrutiny began to intensify. Interestingly, for the first time in 14 weeks, the outflows into short bitcoin positions have also come to a halt. Ethereum wasn’t spared either. The second-largest cryptocurrency by market capitalization saw outflows totalling $5.9 million, bringing the combined outflows for both Bitcoin and Ethereum to $117.3 million in just the past week. Solana Is The Rising Star Amidst this backdrop of outflows, Solana stood out, not just for its resilience, but for its impressive inflows. The altcoin witnessed the “largest inflows, totaling $9.5m, the largest single week of inflows since March 2022.” This surge in interest has propelled Solana’s Assets Under Management (AUM) to $89 million. With month-to-date inflows equalling $9.5 million and year-to-date inflows at $25 million, Solana is clearly on an upward trajectory. To put this in perspective, Bitcoin has the largest AUM with $24,136 million, followed by Ethereum with $7,820 million and multi-asset investment products with $3,060 million. Litecoin ($134 million) and Bitcoin Short ($104) also have bigger AUM than Solana. However, Solana’s AUM has now surpassed that of established altcoins like XRP ($74 million), Cardano ($28 million), and Polygon ($24 million). While Solana basked in the limelight, other altcoins had a mixed week. XRP and Litecoin registered modest inflows of $0.5 million and $0.46 million respectively. However, Uniswap and Cardano weren’t as fortunate, witnessing outflows of $0.8 million and $0.3 million respectively. Regionally, the outflows were predominantly concentrated among two ETP providers in Germany and Canada, which saw outflows of $71 million and $29 million respectively. SOL Price Analysis At press time, the Solana (SOL) price was trading at $23.05, above the 200-day EMA. If SOL manages to defend the 200-day EMA in the following days and confirm the breakout from the descending triangle, the chart looks very bullish. The next resistance level can be expected at the 50% Fibonacci retracement level ($24.00), before another move to the 61.8% Fibonacci level at $27.44 seems possible.

Bullish AXS price prediction for 2023 is $6.87 to $8.43. Axie Infinity (AXS) price might reach $10 soon. Bearish (AXS) price prediction for 2023 is $4.61. In this Axie Infinity (AXS) price prediction 2023, 2024-2030, we will analyze the price patterns of AXS by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. TABLE OF CONTENTS INTRODUCTION Axie Infinity (AXS) Current Market Status What is Axie Infinity (AXS)? Axie Infinity (AXS) 24H Technicals AXIE INFINITY (AXS) PRICE PREDICTION 2023 Axie Infinity (AXS) Support and Resistance Levels Axie Infinity (AXS) Price Prediction 2023 — RVOL, MA & RSI Axie Infinity (AXS) Price Prediction 2023 — ADX, RVI Comparison of AXS with BTC, ETH AXIE INFINITY (AXS) PRICE PREDICTION 2024, 2025, 2026-2030 CONCLUSION FAQ Axie Infinity (AXS) Current Market Status Current Price $5.85 24 – Hour Price Change 0.42% Down 24 – Hour Trading Volume $50,989,517 Market Cap $822,532,625 Circulating Supply 140,506,242 AXS All – Time High $165.37 (On Nov 07, 2021) All – Time Low $0.1234 (On Nov 06, 2020) SOL Current Market Status (Source: CoinMarketCap) Axie Infinity 24H Technicals (Source: TradingView) What is Axie Infinity (AXS) TICKER AXS BLOCKCHAIN Axie Infinity CATEGORY web3 LAUNCHED ON November 2020 UTILITIES Governance, security, gas fees & rewards Axie Infinity (AXS) is the governance token of Axie Infinity, an Ethereum-based play-to-earn (P2E) NFT game. AXS was launched as an ERC-20 token in November 2020. Besides, the token also exists as a BEP-20 token, compatible with the Binance Smart Chain (BSC). Axie Infinity was launched by the Vietnam-based Sky Mavis on the Ethereum blockchain in 2018. This P2E NFT game includes the Axies, native NFTs, and another governance token, Smooth Love Potion (SLP). By playing this game, users earn AXS and SLP tokens and later exchange those for other cryptocurrencies. Axie Infinity (AXS) Price Prediction 2023 Axie Infinity (AXS) holds the 52nd position on CoinMarketCap right now. Axie Infinity price prediction for 2023 is explained below with a daily time frame. AXS/USDT Ascending Triangle Pattern (Source: TradingView) In the above chart, Axie Infinity (AXS) laid out an Ascending Triangle. The ascending triangle is a characteristic pattern of an ongoing bullish trend. This triangle is formed by a horizontal upper trendline that connects the highs and the lower trendline that connects the rising lows. If the trend breakout at the resistance level, the price will continue to move up in this ascending triangle pattern. At the time of analysis, the price of Axie Infinity (AXS) was recorded at $5.68. If the pattern trend continues, then the price of AXS might reach the resistance levels of $6.61 and $9.37. If the trend reverses, then the price of AXS may fall to the support of $4.64. Axie Infinity (AXS) Resistance and Support Levels The chart given below elucidates the possible resistance and support levels of Axie Infinity (AXS) in 2023. AXS/USDT Support and Resistance Levels (Source: TradingView) From the above chart, we can analyze and identify the following as resistance and support levels of Axie Infinity (AXS) for 2023. Resistance Level 1 $6.87 Resistance Level 2 $8.43 Support Level 1 $5.62 Support Level 2 $4.61 AXS Resistance & Support Levels Axie Infinity (AXS) 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 Axie Infinity (AXS) are shown in the chart below. AXS/USDT RVOL, MA, RSI (Source: TradingView) From the readings on the chart above, we can make the following inferences regarding the current Axie Infinity (AXS) market in 2023. INDICATOR PURPOSE READING INFERENCE 50-Day Moving Average (50MA) Nature of the current trend by comparing the average price over 50 days 50 MA = $6Price = $5.70 (50MA > Price) Bearish(Downtrend) Relative Strength Index (RSI) Magnitude of price change;Analyzing oversold & overbought conditions 38.86 <30 = Oversold 50-70 = Neutral >70 = Overbought Oversold Relative Volume (RVOL) Asset’s trading volume in relation to its recent average volumes Below cutoff line Weak Volume Axie Infinity (AXS) Price Prediction 2023 — ADX, RVI In the below chart, we analyze the strength and volatility of Axie Infinity (AXS) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI). AXS/USDT ADX, RVI (Source: TradingView) From the readings on the chart above, we can make the following inferences regarding the price momentum of Axie Infinity (AXS). INDICATOR PURPOSE READING INFERENCE Average Directional Index (ADX) Strength of the trend momentum 10.19 Weak Trend Relative Volatility Index (RVI) Volatility over a specific period 31.85 <50 = Low >50 = High Low Volatility Comparison of AXS with BTC, ETH Let us now compare the price movements of Axie Infinity (AXS) with that of Bitcoin (BTC), and Ethereum (ETH). BTC Vs ETH Vs AXS Price Comparison (Source: TradingView) From the above chart, we can interpret that the price action of AXS is dissimilar to that of BTC and ETH. That is, when the price of BTC and ETH increases, the price of AXS decreases, if the price of BTC and ETH decreases, the price of AXS increases. . Axie Infinity (AXS) Price Prediction 2024, 2025 – 2030 With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Axie Infinity (AXS) between 2024, 2025, 2026, 2027, 2028, 2029 and 2030. Year Bullish Price Bearish Price Axie Infinity (AXS) Price Prediction 2024 $12 $8 Axie Infinity (AXS) Price Prediction 2025 $14 $6 Axie Infinity (AXS) Price Prediction 2026 $16 $5 Axie Infinity (AXS) Price Prediction 2027 $18 $4 Axie Infinity (AXS) Price Prediction 2028 $20 $3 Axie Infinity (AXS) Price Prediction 2029 $22 $2 Axie Infinity (AXS) Price Prediction 2030 $24 $1 Conclusion If Axie Infinity (AXS) establishes itself as a good investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish Axie Infinity (AXS) price prediction for 2023 is $8.43. Comparatively, if unfavorable sentiment is triggered, the bearish Axie Infinity (AXS) price prediction for 2023 is $4.61. If the market momentum and investors’ sentiment positively elevates, then Axie Infinity (AXS) might hit $10. Furthermore, with future upgrades and advancements in the Axie Infinity ecosystem, AXS might surpass its current all-time high (ATH) of $165.37 and mark its new ATH. FAQ 1. What is Axie Infinity (AXS)? Axie Infinity (AXS) is the governance token of Axie Infinity, an Ethereum-based play-to-earn (P2E) NFT game. It exists as an ERC-20 and BEP-20 token and was launched in 2018. 2. Where can you buy Axie Infinity (AXS)? Traders can trade Axie Infinity (AXS) on the following cryptocurrency exchanges such as Binance, OKX, WEEX, Deepcoin, and Bitrue. 3. Will Axie Infinity (AXS) record a new ATH soon? With the ongoing developments and upgrades within the Axie Infinity platform, Axie Infinity (AXS) has a high possibility of reaching its ATH soon. 4. What is the current all-time high (ATH) of Axie Infinity (AXS)? Axie Infinity (AXS) hit its current all-time high (ATH) of $165.37 on November 07, 2021. 5. What is the lowest price of Axie Infinity (AXS)? According to CoinMarketCap, AXS hit its all-time low (ATL) of $0.1234 on November 06, 2020. 6. Will Axie Infinity (AXS) hit $10? If Axie Infinity (AXS) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $10 soon. 7. What will be the Axie Infinity (AXS) price by 2024? Axie Infinity (AXS) price might reach $12 by 2024. 8. What will be the Axie Infinity (AXS) price by 2025? Axie Infinity (AXS) price might reach $14 by 2025. 9. What will be the Axie Infinity (AXS) price by 2026? Axie Infinity (AXS) price might reach $16 by 2026. 10. What will be the Axie Infinity (AXS) price by 2027? Axie Infinity (AXS) price might reach $18 by 2027. Top Crypto Predictions Kaspa (KAS) Price Prediction 2023 Helium (HNT) Price Prediction 2023 Injective (INJ) Price Prediction 2023 Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

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Curve Finance, a popular decentralized (DeFi) protocol, has recently announced that it was rewarding persons capable of identifying the exploiters behind the draining of over $61 million from the platform’s stable pools on July 30. The huge bounty offer is open to every person who can pinpoint the individual behind the incident in such a way that would lead to definitive legal repercussions. Curve Finance Extends Bounty Offer to the Public Curve Finance announced the public offer using an Ethereum transaction’s input data, noting that the allowed time for the voluntary return of the funds connected to the Curve exploit was 08:00 UTC, and that time is now elapsed. Curve and other protocols that were affected by the attack had previously offered a 10% bug bounty to the hacker on August 3. Upon agreeing to the offer, the hacker returned part of the stolen assets to JPEGd and Alchemix but did not refund other affected pools. Since the time allowed has elapsed, Curve announced that any person capable of identifying the hacker would receive assets worth $1.85 million. This recent announcement was extended in scope to include members of the general public. According to Curve, while the deadline for the voluntary return of stolen funds had passed, should the hacker elect to return the stolen funds, the platform “…will not pursue this further.” While returning the parts of the funds earlier, the hacker left a message that was seemingly targeted at Curve and Alchemix teams, noting their intention to return the funds. However, the hacker stated that the decision to return such funds was not based on fear of being recognized but rather out of a desire not to “ruin” the projects associated with the exploit. The $61 Million Reentrancy Attack Members of the Curve Finance community were left shocked after a hacker utilized vulnerable versions of the Vyper programming language to implement reentrancy attacks on stable pools within Curve Finance on the 31st of July. The attack drained Curve Finance of over $61 million, including $13.6 million from Alchemix’s aIETH-ETH, $11.4 million from JPEGd’s pETH-ETH, and $1.6 million from Metronome’s sETH-ETH. The event raised concerns about the likely fallout in the cryptocurrency ecosystem, especially with respect to the risks posed to every pool using Wrapped Ether (WETH). The DeFi community rallied around to provide support to Curve Finance and on the 31st of July, a white hat hacker was able to successfully recover from the exploiter about 2,879 Ether worth about $5.4 million, which was later returned to Curve Finance. Another ethical hacker also recovered about 3,000 ETH and refunded it to Curve Finance’s deployer address.

Compound (COMP), a leading player in the decentralized finance (DeFi) sector, has encountered a significant setback, witnessing a 20% decline in its price over the past week. The downward trend continued with a 3.06% decrease in the last 24 hours and an additional 0.79% shrinkage in the most recent hour, placing the current price at $55.62 per COMP. Moreover, COMP is now 93.90% below its all-time high of $911.20, a substantial drop from its previous peak. Related Reading: Crypto Analyst Points To Bitcoin Price History Repeating Itself – Are The Signs Bullish? Challenges Ahead For Compound Currently priced at $56.69, Compound (COMP) holds the 85th spot among all cryptocurrencies based on market capitalization. With 7,792,894 COMP tokens in circulation, the token’s total market capitalization amounts to $440,641,903. The current rankings and market performance indicate that COMP faces significant challenges amid recent market conditions. Contact Details – Name : Antony Jackson Email : [email protected] Phone Number : 7397349813 Company Name : Thenewscrypto City : Bangalore Country : India

The community as a whole agreed to implement Proposal 286. Last week, $61 million worth of funds were stolen from Curve Finance pools. The proposal to prohibit further CRV borrowing was supported by 100% of the Aave community. The community has been advised by risk management company Gauntlet to avoid the liquidation risk of Curve Finance founder Michael Egorov’s debt, which might cause a ripple effect and perhaps a DeFi meltdown, by prohibiting the borrowing of Curve DAO Tokens (CRVs). The community as a whole agreed to implement Proposal 286. No one voted against the plan to prevent further borrowing against CRV. Gauntlet has been investigating Michael Egorov, founder of Curve Finance, and his risk profile. There are around $54 million in USDT borrowed against $158 million in CRV in this account. But because of OTC sales of CRV tokens, Egorov is swiftly erasing his $80 million debt. According to DeBank records, a loan application for about $29 million USDT against $116 million of CRV has been submitted on Aave. Significant Impact Last week, $61 million worth of funds were stolen from Curve Finance pools. After the time for the hacker’s voluntary return of money passed, the DeFi platform decided to take legal action against the exploiter. Meanwhile, Michael Egorov has paid off over $40 million of his $80 million debt via over-the-counter (OTC) sales of CRV tokens. The consequence was a 10% increase in the price of CRV tokens on Saturday. The price recovered, although the upswing is weakening. The 70% drop in volume over the last day is more evidence that investors are losing interest. According to CMC, at the time of writing the price of CRV is $0.6157, up 0.07% in the last 24 hours. Highlighted Crypto News Today: Elon Musk Sets Off a Frenzy: Crypto Boom Upcoming, or Are Tokens Just Twitter Chatter?

The team will collaborate with the London police and a surveillance unit. Compensation starts at $44,145 (£34,672) and goes up to $48,782 (£38,314). The National Crime Agency (NCA) of the UK is looking to hire four senior investigators to join its Complex Financial Crime Team and look into offenses involving digital assets. The job entails looking into organized criminal organizations’ use of blockchain technology for things like high-end crypto fraud and money laundering. The team will collaborate with the London police and a surveillance unit. Collaborating with other investigators, intelligence team members, and analytical team members to solve complicated cases from raw data and evidence is a necessary part of this profession. The role calls for a Level 2 certification in the government’s Professionalising Investigation Program or an equivalent qualification in investigating crime. Compensation starts at $44,145 (£34,672) and goes up to $48,782 (£38,314) plus additional government benefits. Controlling Rising Crime Rate The United Kingdom has been making efforts to establish a special crypto crime investigation unit. The NCA has shown a greater interest in crypto assets by establishing a digital assets unit on January 4. The rise in monetary losses due to crypto-related crimes in the United Kingdom in 2022 inspired the establishment of the unit. The United Kingdom’s cybercrime and fraud reporting system estimates that in 2022, crypto fraudsters have stolen at least $287M. The NCA has often sought to bolster its crypto division with more personnel. On July 26th, the NCA advertised for financial investigations managers. From the standpoint of the Proceeds of Crime Act, which deals with the confiscation and redistribution of criminal proceeds, these investigators will manage inquiries into criminal activity involving cryptocurrencies and digital assets. Highlighted Crypto News Today: Aave Community Unanimously Supports CRV Borrowing Prohibition

Bullish ATOM price prediction for 2023 is $12.539 to $17.084. Cosmos (ATOM) price might reach $20 soon. Bearish (ATOM) price prediction for 2023 is $5.880. In this Cosmos (ATOM) price prediction 2023, 2024-2030, we will analyze the price patterns of ATOM by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. TABLE OF CONTENTS INTRODUCTION Cosmos (ATOM) Current Market Status What is Cosmos (ATOM)? Cosmos (ATOM) 24H Technicals COSMOS (ATOM) PRICE PREDICTION 2023 Cosmos (ATOM) Support and Resistance Levels Cosmos (ATOM) Price Prediction 2023 — RVOL, MA & RSI Cosmos (ATOM) Price Prediction 2023 — ADX, RVI Comparison of ATOM with BTC, ETH COSMOS (ATOM) PRICE PREDICTION 2024, 2025, 2026-2030 CONCLUSION FAQ Current Price $8.51 24 – Hour Price Change 0.03% Down 24 – Hour Trading Volume $62,046,912 Market Cap $2,949,569,641 Circulating Supply 346,608,690 ATOM All – Time High $44.70 (On Sep 20, 2021) All – Time Low $1.13 (On Mar 13, 2020) SOL Current Market Status (Source: CoinMarketCap) Cosmos 24H Technicals (Source: TradingView) What is Cosmos (ATOM) TICKER ATOM BLOCKCHAIN Cosmos CATEGORY web3 LAUNCHED ON March 2019 UTILITIES Governance, security, gas fees & rewards The Cosmos is a decentralized network of independent parallel blockchains, each driven by BFT consensus algorithms such as the Tendermint consensus. In other words, the cosmos is an environment of blockchain that can measure and operate on each other. Before the cosmos, the blockchain were silent and could not communicate with each other. They were hard to generate and could only handle a small number of transactions per second. Cosmos solves these problems with a new technological vision. To understand this vision, we need to go back to the basics of blockchain technology. Cosmos (ATOM) Price Prediction 2023 Cosmos (ATOM) ranks 27th on CoinMarketCap in terms of its market capitalization. The overview of the Cosmos price prediction for 2023 is explained below with a daily time frame. ATOM /USDT Descending Channel Pattern (Source: Tradingview) In the above chart, Cosmos (ATOM) laid out a Descending Channel. Descending Channel also known as the falling channel. A descending channel is formed by two parallel trendlines. The upper trendline, which joins the highs, and the lower trendline, which joins the lows, run parallelly downwards. This pattern is the characteristic of a bearish market. At the time of analysis, the price of Cosmos (ATOM) was recorded at $8.40. If the pattern trend continues, then the price of ATOM might reach the resistance levels of $12.881 and $15.379. If the trend reverses, then the price of ATOM may fall to the support of $8.134. Cosmos (ATOM) Resistance and Support Levels The chart given below elucidates the possible resistance and support levels of Cosmos (ATOM) in 2023. ATOM /USDT Support and Resistance Levels (Source: Tradingview) From the above chart, we can analyze and identify the following as resistance and support levels of Cosmos (ATOM) for 2023. Resistance Level 1 $12.539 Resistance Level 2 $17.084 Support Level 1 $8.432 Support Level 2 $5.880 ATOM Resistance & Support Levels Cosmos (ATOM) 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 Cosmos (ATOM) are shown in the chart below. ATOM /USDT RVOL, MA, RSI (Source: Tradingview) From the readings on the chart above, we can make the following inferences regarding the current Cosmos (ATOM) market in 2023. INDICATOR PURPOSE READING INFERENCE 50-Day Moving Average (50MA) Nature of the current trend by comparing the average price over 50 days 50 MA = $9.193Price = $8.397 (50MA > Price) Bearish(Downtrend) Relative Strength Index (RSI) Magnitude of price change;Analyzing oversold & overbought conditions 32.36 <30 = Oversold 50-70 = Neutral >70 = Overbought Oversold Relative Volume (RVOL) Asset’s trading volume in relation to its recent average volumes Below cutoff line Weak Volume Cosmos (ATOM) Price Prediction 2023 — ADX, RVI In the below chart, we analyze the strength and volatility of Cosmos (ATOM) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI). ATOM /USDT ADX, RVI (Source: Tradingview) From the readings on the chart above, we can make the following inferences regarding the price momentum of Cosmos (ATOM). INDICATOR PURPOSE READING INFERENCE Average Directional Index (ADX) Strength of the trend momentum 21.075 Weak Trend Relative Volatility Index (RVI) Volatility over a specific period 27.07 <50 = Low >50 = High Low Volatility Comparison of ATOM with BTC, ETH Let us now compare the price movements of Cosmos (ATOM) with that of Bitcoin (BTC), and Ethereum (ETH). BTC Vs ETH Vs ATOM Price Comparison (Source: Tradingview) From the above chart, we can interpret that the price action of ATOM is dissimilar to that of BTC and ETH. That is, when the price of BTC and ETH increases, the price of ATOM decreases, if the price of BTC and ETH decreases, the price of ATOM increases. . Cosmos (ATOM) Price Prediction 2024, 2025 – 2030 With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Cosmos (ATOM) between 2024, 2025, 2026, 2027, 2028, 2029 and 2030. Year Bullish Price Bearish Price Cosmos (ATOM) Price Prediction 2024 $22 $18 Cosmos (ATOM) Price Prediction 2025 $24 $16 Cosmos (ATOM) Price Prediction 2026 $26 $15 Cosmos (ATOM) Price Prediction 2027 $28 $14 Cosmos (ATOM) Price Prediction 2028 $30 $13 Cosmos (ATOM) Price Prediction 2029 $32 $12 Cosmos (ATOM) Price Prediction 2030 $34 $10 Conclusion If Cosmos (ATOM) establishes itself as a good investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish Cosmos (ATOM) price prediction for 2023 is $17.084. Comparatively, if unfavorable sentiment is triggered, the bearish Cosmos (ATOM) price prediction for 2023 is $5.880. If the market momentum and investors’ sentiment positively elevates, then Cosmos (ATOM) might hit $20. Furthermore, with future upgrades and advancements in the Cosmos ecosystem, ATOM might surpass its current all-time high (ATH) of $44.70 and mark its new ATH. FAQ 1. What is Cosmos (ATOM)? Cosmos (ATOM) is a cryptocurrency designed to power the blockchain environment. 2. Where can you buy Cosmos (ATOM)? Traders can trade Cosmos (ATOM) on the following cryptocurrency exchanges such as Binance, OKX, Deepcoin, WEEX, and Bybit. 3. Will Cosmos (ATOM) record a new ATH soon? With the ongoing developments and upgrades within the Cosmos platform, Cosmos (ATOM) has a high possibility of reaching its ATH soon. 4. What is the current all-time high (ATH) of Cosmos (ATOM)? Cosmos (ATOM) hit its current all-time high (ATH) of $44.70 On September 20, 2021 5. What is the lowest price of Cosmos (ATOM)? According to CoinMarketCap, ATOM hit its all-time low (ATL) of $1.13 On May 13, 2020. 6. Will Cosmos (ATOM) hit $20? If Cosmos (ATOM) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $20 soon. 7. What will be the Cosmos (ATOM) price by 2024? Cosmos (ATOM) price might reach $22 by 2024. 8. What will be the Cosmos (ATOM) price by 2025? Cosmos (ATOM) price might reach $24 by 2025. 9. What will be the Cosmos (ATOM) price by 2026? Cosmos (ATOM) price might reach $26 by 2026. 10. What will be the Cosmos (ATOM) price by 2027? Cosmos (ATOM) price might reach $28 by 2027. Top Crypto Predictions Kaspa (KAS) Price Prediction 2023 Helium (HNT) Price Prediction 2023 Injective (INJ) 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.