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The crypto market is extremely dynamic and volatile. Hence, it is advised to invest in projects that have long-term and stable growth prospects. Litecoin (LTC), Ripple (XRP), and Tradecurve (TCRV) are considered good investment options for 2023. However, Tradecurve’s growth rate is significantly higher than Litecoin and Ripple. Therefore, the presale of Tradecurve became a huge hit in just a few weeks. >>Register For The Tradecurve Presale<< Litecoin (LTC) Gains Ahead of Halving Event As the halving event of Litecoin is nearing, LTC has started to attract investors from across the world. Anticipating a positive outcome, many investors have started to accumulate Litecoin tokens, pushing the price of LTC in an upward direction. The market value of Litecoin (LTC) has increased by 4% in the last week. Thus, Litecoin is available to trade at $90.53. The third halving event of the Litecoin network will be on August 2, 2023. Since the first two halving events of Litecoin were beneficial for LTC holders, this year’s event will fetch the same results. Litecoin’s last halving event in 2019 caused LTC to post a yearly gain of 38%. Earlier, the number of transactions on the Litecoin network crossed the mark of $150 million. Ripple’s (XRP) Q1 2023 Report Encourages Investors Despite the ongoing legal tussle with SEC and broader market turmoil, Ripple (XRP) has witnessed a rise in its market volume and on-chain transactions. According to the latest data, Ripple’s market volume has increased by 46% QoQ (Quarter-on-Quarter) in the first quarter of 2023. Besides, the number of on-chain transactions of Ripple surged by 9%. Additionally, Ripple has also benefited from XLS-20, which fueled the NFT activity on the network. These development activities have helped Ripple rise on the price chart. The trading price of Ripple has surged by 2% in the last week, and is trading at $0.48. >>Register For The Tradecurve Presale<< Strong Rallies on Table for Tradecurve (TCRV) During Presale Phase According to the latest market data, user penetration in the crypto market will be 8.8% in 2023, and 12.5% by 2027. Tradecurve (TCRV) is a blockchain-based trading platform that addresses issues including high commissions, limited options for trading, and many more. But Tradecurve is a first-of-its-kind platform that allows the trading of cryptocurrencies, stocks, Forex, commodities, ETFs, bonds, and more, on the same platform, using a single account. Here, users can open a trade account by using their email IDs without undergoing arduous KYC verification, unlike other trading platforms. Tradecurve has also launched an educational academy, where novice investors can learn new techniques and nuances of trading. TCRV, the platform’s native token, has been built on the Ethereum blockchain. Tradecurve’s presale round is currently in stage 5, where the price of TCRV tokens is $0.025. It will explode by 80x during the presale, and 100x after getting listed on Uniswap and multiple CEXs. So what are you waiting for? Lock your TCRV now before all tokens are sold out. For more information about the tradecurve (TCRV) presale: Click Here For the Website Click Here To Buy TCRV Presale Tokens Follow Us Twitter Join Our Community on Telegram
 
Octo will provide innovative IT solutions using Agile, Information Technology Infrastructure Library (ITILv4), and other IT methodologies/best practices to support NCI’s Mission of accelerating the understanding, diagnosis, prevention, and treatment of cancer RESTON, Va.–(BUSINESS WIRE)–Octo, an IBM company, announced today it has been awarded an IT Infrastructure and Operations Call Order under the NCI IT Blanket Purchase Agreement (BPA) to support the Center for Biomedical Informatics and Information Technology’s (CBIIT) Office of the Chief Information Officer (OCIO) at the National Cancer Institute (NCI). The four-year contract has a total award ceiling of $64,722,790.00. Octo will work with partners Unissant, Axle Informatics, and TRex to provide technical and professional IT services including infrastructure engineering, operations management, and customer support services required by the NCI’s OCIO. “Octo and NCI have a long history, and we are excited by the possibilities this new Call Order brings,” said Octo’s Health General Manager Charlie McQuillan. “With our partners, we will support the OCIO’s service-oriented philosophy by minimizing IT infrastructure maintenance, enhancing existing capabilities through the likes of serverless computing solutions that increase efficiency and effectiveness, as well as lower costs.” CTO of Octo, Sujey Edward, added, “We are pleased to bring a full scope of best practices and emerging technologies to NCI. Our approach enables continuous modernization of NCI’s IT infrastructure by engineering solutions using artificial intelligence and machine learning technologies.” Octo’s CEO, Mehul Sanghani, said, “Octo is eager to continue to advance the NCI’s mission by providing customer-focused, seamless IT services that facilitate scientific collaboration, critical research, effective exchange of research information that supports the needs of NCI’s scientists and research support communities.” About Octo Octo, an IBM company, is a technology firm dedicated to solving the Federal Government’s most complex challenges, enabling agencies to jump the technology curve. We don’t just modernize. We create lasting change through best practices that help agencies implement and integrate at-scale, next-generation technology and innovation. We provide Artificial Intelligence, DevSecOps, Cloud and Infrastructure, Data Management and Analytics, Cybersecurity, and Low-Code/No-Code. Headquartered in Reston, Virginia, Octo delivers proven technology vital to the intelligence community and health care, defense, national security, and civilian agencies that directly impact our nation. Visit octo.us. Contacts Ethan Meurlin, Vice President, Marketing & Corporate Partnerships [email protected] M: 571.271.5349
 
Digital Collectible Celebrates 50th Anniversary of Bob Marley and the Wailers’ First Appearance in the US AUSTIN, Texas–(BUSINESS WIRE)–Lee Jaffe, a cross-disciplinary visual artist, musician and poet, today announced the release of an open edition digital collectible featuring a never-before-seen image of reggae pioneer, Bob Marley, with whom Jaffe worked closely in the 1970s. Entitled Hope Road 73, the open edition drop serves as an ode to Bob Marley and the Wailers – coinciding with the 50th anniversary of the group’s first appearance in the United States. The collection will launch on Fair.xyz, a no-code platform that allows creators to launch end-to-end non-fungible tokens (NFT); secure, accessible and fair; in collaboration with Howl.xyz, a web3 ecosystem developer focused on communications, talent management, and product. Ninety percent of human history has been lost over time, as time and natural destruction have eroded some of the most influential art and writings in history. The advancement of technology has provided increasingly better means to record and preserve important pieces – including the advent of the camera, the computer, and blockchain technology. As an immutable ledger, blockchain technology effectively protects historically relevant works from physical degradation as well as its provenance. Across the various use cases for blockchain technology, historical preservation continues to emerge as one of the most promising. With Hope Road 73, Jaffe is leveraging blockchain’s immutability to preserve and enshrine the legacy of Bob Marley. The drop will be a timed Open Edition of a still image coming from a personal video captured by Lee during his time living with Marley in the Hope Road house in Jamaica in March of 1973. The video will be raffled to holders of the Open Edition as a means to share culturally significant history and increase its accessibility. An iconic figure in the traditional art world, Jaffe has work featured on SuperRare, an industry leading digital art market, as well as in top museum and private collections, including The Museum of Modern Art, New York (MoMA) and Ryan Zurrer’s dynamic digital art collector’s club, 1of1. Jaffe’s book about his time traveling and working with Jean-Michel Basquiat, Crossroads, was published by Rizzoli in 2022 and is in its second printing. “Fifty years ago, I organized The Wailers’ first North American shows including a one week stint at Max’s Kansas City in NYC opening for Bruce Springsteen,” said Jaffe. “From there, I would go on to tour and record with them. I felt there is no better way to honor that occasion than to share a never-before-seen visual asset celebrating that historic debut.” The video and still image were captured with a Sony Portapak – the first instant portable video camera released in 1967. Through Fair.xyz’s differentiated conditional minting features, the collection will require participating buyers to qualify by meeting specific engagement criteria. Fair.xyz’s conditional mint parameters present a new, novel model for asset collection and encouraging community growth. Howl.xyz hopes to organize future collaborations with Jaffe and other consumer brands that pay homage to his artwork. “This footage will never belong anywhere else, its provenance unscathed, just as the veracity of the moment in time prior to Marley’s rise to fame. History recorded on-chain this way sets a precedent for the role of art—which has always been to tell our history. There is beauty in truth and we’ve made it immutable,” added Howl.xyz Co-Founder & CEO, Ivan Perez. The sale of Hope Road 73 will open on Thursday, July 27 at 12:00 pm EST, and close on Thursday, August 3 at 12:00 pm EST. To mint, to learn more details about the sale, or to learn more about Lee Jaffe, visit: fair.xyz/c/lee-jaffe1/HopeRoad73. To explore Lee Jaffe’s previous work and to stay up-to-date on upcoming releases, follow along on Twitter and Instagram. ABOUT LEE JAFFE Lee Jaffe is a multi-disciplinary artist who works across photography, film, music, painting, performance, and digital art. Jaffe’s work is in the permanent collections of The Metropolitan Museum of Art, NY; The Museum of Modern Art, NY; Moderna Museet, Stockholm; The Irish Museum of Modern Art, Dublin; and the digital art 1of1 Collection. Jaffe’s work was highlighted in a solo sale at Phillips New York in August 2022, and he was onboarded to SuperRare in November 2022. Jaffe’s photography is currently on view in Los Angeles in King Pleasure, the touring immersive exhibition dedicated to Jean-Michel Basquiat. ABOUT FAIR.XYZ Fair.xyz is a trailblazing NFT creation platform, empowering the next generation of creators, artists, and brands and standing at the forefront of digital asset monetization. With over 800,000 individual NFTs minted on Fair.xyz, the platform has facilitated a remarkable $7M in fees directly benefiting its creators, with a staggering $45M in sales volume. Founded by a team of experienced engineers hailing from Meta, Instagram, and Goldman Sachs, Fair.xyz leverages their world-leading industry expertise to craft the finest consumer products in the realm of Web3. The ultimate goal is to create an unparalleled NFT launch experience that caters to both collectors and creators alike, positioning Fair.xyz as the go-to hub for NFTs, akin to the esteemed ‘Amazon Marketplace’ of Web3. Notably, Fair.xyz has recently partnered with the Ukrainian government to create the world’s first government-backed NFT, a testament to their collaboration with major institutions, brands, and global movements. This collaboration allows them to bring forth truly bespoke Web3 solutions, pushing the boundaries of what’s possible in this rapidly evolving landscape. ABOUT HOWL.XYZ Howl.xyz is a web3 communications agency focused on product and ecosystem development. Our boutique service approach offers a team of experts that work with a roster of creators to craft culturally relevant promotional campaigns and product case studies. Since 2019, Howl.xyz’s founders and team members have worked with companies like Binance, Solana, Cosmos, Coinbase, Tom Bilyeu, Steve Aoki, Quentin Tarantino and other market leaders. Howl.xyz specializes in emerging tech across web3, DeFi (decentralized finance), NFTs, AI, XR, Layer 1 protocols, and early stage company launches. As previous product founders, our team has a deep understanding of the adoption lifecycle from conception to market. The history of communications is the intersection of art and technology. Howl.xyz brings these elements under one umbrella to meet web3’s demand that we break with traditional conventions and old standards. Website | Twitter | Linkedin Contacts Isaiah Jackson Howl.xyz e: [email protected] t: 805 674 7348
 
Ron Luniewski brings decades of business growth experience to a Silks team poised to scale up operations in 2023 BOCA RATON, Fla.–(BUSINESS WIRE)–Game of Silks (“Silks”), the first metaverse that mirrors the real world of thoroughbred horse racing, has added Ron Luniewski, a sports, gaming, and entertainment veteran with a proven track record of success and growth, to its executive suite. Luniewski joins Silks from the gaming world where he established a reputation as a builder, leveraging emerging technology to initiate hyper growth for companies and lead them successfully through massive expansion. Prior to joining the Silks team, Luniewski transformed Xpressbet from a small regional phone operation with 15 employees to a multi-platform juggernaut generating more than $300M in annual revenue and growing the team up to 150 employees by the end of his tenure. Before that, Luniewski was a pioneer in expanding access to horse racing early on, leading the first ever legal online horse gambling website, YouBet.com, as Chief Executive Officer from 1996 to 2002, kickstarting what is now a $7 Billion enterprise. “Throughout my career, I have looked for ways to employ innovative technology to grow the sport of horse racing, so I was immediately inspired when I came across Game of Silks,” said Luniewski. “Silks is a revolutionary platform that can fundamentally change horse racing by giving a whole new class of fan the ability to participate in this sport. Major players in racing, like the New York Racing Association (NYRA), have already hitched their wagon to Game of Silks, having seen its potential. We’re excited to establish additional partnerships with the racing community as we advance.” Despite the current bear market, the Silks executive team continues to expand to meet demand. Game of Silks, the fasting growing metaverse sports game in the space, added Srini Vasan, former DraftKings Vice President of Engineering, in April as the platform’s Chief Technology Officer. Additionally, Silks has secured landmark partnerships and agreements with horseracing titans NYRA, Fox Sports and The Jockey Club while also distributing record-breaking payouts to owners of Silks Horses. “With the first Game of Silks racing season in full swing, our business is looking to scale rapidly to new users and showcase what’s possible when you marry the timeless tradition of horse racing with blockchain technology,” said Dan Nissanoff, CEO and co-founder of Silks. “Ron’s experience growing successful companies from start-up status to IPO, adapting and implementing new technology, and his deep industry connections to the global horse racing community are invaluable in any market.” Silks utilizes a blockchain-enabled metaverse and a derivative model to create digital twins of each year’s crop of registered thoroughbred yearlings.. These NFTs track the bloodlines, training progress, and racing performance of their real-world counterparts; owners of Silks Horses are rewarded as their real-life counterparts win races and breed offspring. Today, Silks is a Top 10 global sports-themed NFT platform with a highly active gaming community of more than 25,000 members. For more information or to get started playing, visit silks.io or join the Silks Discord channel. About Game of Silks, Inc. Game of Silks (Silks) is the first blockchain game to mirror the real world of thoroughbred horse racing. The Silks metaverse is powered by an in-game economy and marketplace where participants can own and trade horses, avatars, land, and stables to earn rewards through skilled gameplay, and experience the thrill of thoroughbred horse ownership. Game of Silks was launched in June 2021 by Co-founders Dan Nissanoff and Troy Levy. To read the Silks whitepaper and learn more, visit silks.io or join the Silks Discord. Contacts Media: Matt Brannon [email protected]
 
As the year 2023 continues to unfold, Bitcoin’s retreat below the pivotal $30,000 mark raises questions about the overall strength and stability of the cryptocurrency market. Once, the crypto market held a significant lead over traditional stocks, according to Bloomberg. However, this advantage seems to be dwindling as Bitcoin – a leading market indicator – exhibits signs of struggle. The year-to-date rise of the top 100 digital tokens now stands at 46%, narrowing the gap with the 41% increase of the tech-driven Nasdaq 100 Index. Technology stocks, particularly those influenced by artificial intelligence hype, have been rapidly gaining ground. This surge resulted in the Nasdaq 100 Index briefly surpassing the MVIS CryptoCompare Digital Assets 100 Index in June. Impact of Regulatory Changes And Fed Decisions Previously, the crypto market received a positive push from both regulatory efforts on digital assets that face a stumbling block in US court on digital assets and the hope that spot Bitcoin exchange-traded funds (ETFs) would be authorized in the US. However, these boosting factors have waned. Investors are now cautiously considering how the anticipated interest-rate hike by the Federal Reserve could impact both traditional and digital markets. According to Caroline Mauron, co-founder of digital-asset derivatives liquidity provider OrBit Markets, the rally has lost momentum since the initial excitement sparked by the ETF news. “There are no other visible catalysts on the horizon,” she noted. She also hinted at a potential silver lining, pointing out that the “downside risk should be limited as the Fed is near the end of the current rate hiking cycle, which should support risk assets including crypto.” Bitcoin Chart Patterns Signal Warning Signs Further cause for concern is seen in the various chart patterns that track Bitcoin’s performance. A key indicator, Bitcoin’s 20-week Bollinger bandwidth, has contracted to its narrowest in seven years. This tightening suggests that moves in the value of Bitcoin could intensify, according to Bloomberg. If crucial thresholds aren’t maintained, it’s likely we could see a downward trend. The Bollinger study also provides an invaluable method for analyzing the volatility of this digital asset. Market analyst at IG Australia Pty, Tony Sycamore, noted the potential for Bitcoin’s drop to continue, “Bitcoin should extend toward $26,000/$25,000 before finding support,” he predicted. Meanwhile, Bitcoin price has continued to swim in red over the past week following its fall below the $30,000 mark. Particularly, in the past 24 hours, the asset has traded slightly above $29,000 down by 1.3%. This price action has resulted in more than 45,000 traders caught in the crypto market total liquidation of over $130 million in the past day. Furthermore, Bitcoin currently has a 24-hour high of $29,762 and a 24-hour low of $29,983, at the time of writing. The asset’s market cap has plunged from a high of $583 billion seen last Tuesday to $567 billion, as of today. Additionally, BTC trading volume has also declined in the past week indicating less trading activity. Featured image iStock, Chart from TradingView
 
Cardano has leaped considerably in the realm of DeFi activities, particularly in terms of Total Value Locked (TVL), despite the somewhat lackluster performance of ADA itself. TVL refers to the total value of assets locked within various decentralized finance protocols and applications on the Cardano blockchain. An increasing TVL can have several positive implications for the Cardano ecosystem. The significance of TVL lies in its reflection of the overall engagement and adoption of DeFi projects built on Cardano. A higher TVL indicates greater trust and confidence in these decentralized financial services. It demonstrates that users are willing to lock their assets within the ecosystem, utilizing various DeFi protocols for lending, borrowing, staking, and other financial activities. Cardano TVL Surges Amid Price Decline ADA has experienced a recent decline in its price, with the latest data from Coingecko showing it currently stands at $0.305. Over the past 24 hours, the price has faced a modest 0.4% decline, and over the last seven days, it has decreased by a mere 0.3%. Despite these losses, there is a notable silver lining in the form of Cardano’s TVL on the network. The surge in Cardano’s TVL by 28% in the last three months indicates a growing interest in the DeFi activities offered by the network. It reflects growing confidence among users willing to lock their assets in decentralized applications, such as lending platforms, decentralized exchanges, and liquidity pools. This increased participation can foster the development of a vibrant and robust DeFi ecosystem on Cardano, offering users a wide range of financial services. Moreover, the year-to-date (YTD) triple growth of Cardano’s TVL raises optimism for the project’s potential recovery and a potential return to its previous all-time high levels achieved in 2022. As the DeFi ecosystem on Cardano expands, it can attract more developers, projects, and investors, further enhancing the network’s utility and value proposition. Cardano DeFi Lockup Surpasses Ethereum, But Market Cap Lags Behind Meanwhile, a recent report sheds light on a noteworthy plunge in the total tokens locked within Ethereum, Cardano’s main rival. On the other hand, Cardano has emerged as a strong contender, outperforming Ethereum regarding individual token lockup within its DeFi ecosystem. While Cardano excels in terms of token lockup, it still needs to catch up in other critical areas compared to Ethereum. One of the most significant disparities lies in the market capitalization of the two cryptocurrencies. Ethereum’s market capitalization remains considerably higher than Cardano’s, highlighting Ethereum’s long-standing dominance in the blockchain space. (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 Blog Tiền Ảo
 
CFTC has raised a court filing against Binance and its CEO. Binance claims to increase the page limit by 50 for the Memoranda of Law. On Monday, the United States District Court in Chicago shared a plaintiff from Commodity Futures Trading Commission (CFTC) with its defendants who are Binance and its CEO and Founder. Changpeng Zhao, the CEO tries to submit a dismissal motion for the complaint that has been filed against them. Reports portray that the response time limit was set till the 17th of July. Also, the complaint extends the addition of a new page limit: The accusation includes several violations of working with illegal virtual asset exchange in the nation. Binance and their prominent representatives intend to dismiss the court filing including the former chief compliance officer in Binance, Samuel Lim. Back History of the Battle The battle has begun in March when CFTC’s lawsuit was found disappointing to the crypto exchange which ended up suing Binance. Later, the U.S. Securities and Exchange Commission (U.S. SEC) sued Binance and its CEO, Changpeng Zhao in June. The SEC action is due to considering the violation of securities laws. Current Status of Court Filing The reason behind the complaint raised by CFTC is the alleged violations of the Commodity Exchange Act and some other federal regulations. Furthermore, the defendants wish to expand the page limit to 50 on Local Rule 7.1 for the Memoranda of Law which currently stands at 25 pages. Also, the opposition isn’t raised by CFTC counsel against the defendants. Related Crypto News: Fake Binance Nigeria Limited Issued Cease and Desist Order by Binance
 
Ethereum (ETH) hit the $2K mark twice this year, in April and July. The largest altcoin exhibited a year-to-date (YTD) gain of over 55.02%. A whale initiated a notable dump of over 16K ETH over the past 24 hours. Ethereum (ETH), the largest altcoin by market capitalization, has experienced fluctuations in the crypto market. Similar to Bitcoin (BTC), ETH also struggles to surpass its key resistance – the $2000 level. Following the positive Ripple lawsuit verdict, the Ethereum (ETH) price experienced a sudden surge, alongside several altcoins. On July 14, Ethereum reached the $2K mark for the second time this year. Currently, the largest altcoin has failed to trade above the $2K range and has clearly shown a downtrend. Ethereum (ETH) Price Analysis: 24-Hour Timeframe At the time of writing, the trading price of Ethereum (ETH) was around $1,856, with a surge of over 0.37% in the last 24 hours. According to CoinMarketCap data, the daily trading volume of ETH crossed $5.8 billion, experiencing an increase of 29.89%. Ethereum (ETH) Daily Price Chart (Source: TradingView) he daily price chart shows the bearish price movement of ETH as the current price hovers below the 50-day exponential moving average (50 EMA). Moreover, according to the daily RSI, Ethereum (ETH) withdrew from its neutral territory and is found to inch closer to the oversold zone. ETH has been trading within a horizontal channel since mid-April. Since then, this cryptocurrency faced rejections at the $2,000 level. However, on July 14, ETH did exhibit a brief spike to hit its monthly high at $2,028. If the largest altcoin experiences a breakout, it might rally to attain its nearest resistance at $1916 and even advance further to $2021. Conversely, if ETH resumes a further downside, it would retrace to new lows at $1818. A Massive Ethereum Whale Transfer Detected The on-chain analytics platform Lookonchain reported massive activity in the last 24 hours. After the recent market crash, an anonymous whale account dumped 16,751 ETH tokens, worth $30.8 million, on the crypto exchange Binance. Simultaneously, the whale has withdrawn 30.8 million USDT. The market now looks forth to witness the impact of this huge ETH deposit.
 
FINSYNC’s open network is free to join and bi-directional, allowing bankers to invite new businesses to connect with their banker Bankers can connect with a business through FINSYNC to solve banking or cash flow challenges as they work to earn the entire banking relationship Businesses grow exponentially through FINSYNC with new payment services like CollectEarly, which allows them to get paid on invoices in hours instead of weeks ATLANTA–(BUSINESS WIRE)–FINSYNC, Inc. (“FINSYNC”), the all-in-one platform that serves as a financial network to help connect everything and everyone needed to centralize control of cash flow and build a successful business, today announced bankers and companies can enjoy the benefits of its network for free. To help more businesses go from startup to scale-up with less time and better results, companies can now join the FINSYNC open network and, for no charge, can: Connect bank and credit card accounts to see all transactions in one place Better manage cash flow with built-in charts, calendars, projections and more Connect with customers and vendors for faster payments Connect with their banker for help with banking, financing or payments “When it comes to success for businesses, relationships and networks are more important than ever,” said Tucker Mathis, CEO and founder of FINSYNC. “Our mission is to help businesses manage cash flow with less time and improved results by working with financial partners who use our software to deliver unmatched services. This no-charge approach will help our bank partners connect with more businesses in a way that will help them both scale more successfully.” Another benefit of FINSYNC’s open network is CollectEarly, an industry differentiator exclusively available through FINSYNC and select bank partners, that allows businesses to get paid weeks faster on invoices. “Being able to connect with and empower local businesses in our community is core to who we are,” said Cathy Cooper, EVP and chief consumer banker at WaFd Bank, a FINSYNC partner. “Connecting with businesses for free and offering innovative solutions like CollectEarly are an important part of our own growth strategy moving forward.” Ricky Gudino, the owner of Caked Las Vegas, was banking elsewhere before he met WaFd Bank personal banker Dianne Pasimiak, who connected with him through FINSYNC. Via CollectEarly, Pasimiak was able to help Gudino go from waiting weeks to get paid on invoices to just hours and move his deposit accounts to WaFd Bank, a testament to the power of FINSYNC’s open network. “When I saw all my finances on FINSYNC’s platform, it gave me such peace of mind, and CollectEarly has been huge for the growth of our business,” Gudino said. Of the roughly 32 million businesses in the United States, 78% have only one employee, and less than 1% have 26 employees or more. Building and scaling a successful business is increasingly difficult, and over 80% of companies that try to do so fail along the way as a result of poor cash flow management. FINSYNC’s open network — with additional benefits like CollectEarly — can help streamline operations and fast-track payments. “At Fulton Bank, we are pleased to offer FINSYNC to our business customers,” said Michele Richards, EVP and Director of commercial product and strategy at Fulton Bank, another FINSYNC partner. “Simplifying payroll, projects and accounting into one, complete solution for cash flow management has proven valuable for our customers. Continuing to help businesses get started and grow supports our mission of changing lives for the better.” To learn more about FINSYNC and getting started as a business or financial institution partner, please visit www.finsync.com. About FINSYNC FINSYNC is the one platform that serves as a financial network for helping businesses connect everything and everyone needed to centralize control of cash flow and build a successful business. On one platform, one can connect: 1) bank and credit card accounts for better banking and cash flow management, 2) customers and vendors for faster payments, 3) contractors and employees for affordable payroll, 4) time and expense tracking with built-in payroll, 5) all of this in sync for automated accounting, and 6) partner services are connected so one gets the best options with less time, including banking and financing, card processing, bookkeeping and accounting, insurance, HR consulting and business coaching. Contacts Treble Matt Grant [email protected]
 
Two anonymous blockchain investigators were awarded a total of 9,519.26 ARKM. The platform uses a bounty system to reward users who discover on-chain information. A platform with the stated goal of “deanonymizing the blockchain” has approved its first input, which details wallet addresses associated with Terraform Labs and its co-founder, Do Kwon. On July 24, Arkham Intel Exchange announced that it had accepted a submission from two “on-chain sleuths.” For which a bounty of 9,519.26 Arkham (ARKM), or around $4,950 was attached. Moreover, after satisfying the reward requirements and receiving permission from the platform. Two anonymous blockchain investigators were awarded a total of 9,519.26 ARKM, or around $4,950. In May of 2022, Terraform Labs had one of the worst collapses in the history of the cryptocurrency industry when its stablecoin TerraUSD and cryptocurrency Luna both crashed. Moreover, Do Kwon was charged with securities offenses by the SEC after he allegedly engaged in unregistered sales of crypto asset securities, failed to disclose material facts, and repeatedly misled investors. Severe Criticism Furthermore, launched on July 10th, Arkham Intel Exchange uses a bounty system to reward users who discover on-chain information. Anyone may put out a “bounty” for information, but the platform must first authorize any contributions. Also, if a bounty is collected, the hunter receives the payment. And the poster of the bounty keeps the information secret for 90 days. This would imply that the whole details of the Kwon and Terra wallet addresses would be made public by the end of October. Some in the crypto world are concerned that innocent individuals may be doxed with the use of this platform. And this has raised debate and drawn severe criticism since its launch. Highlighted Crypto News Today: CFTC Vs Binance: CZ Hits Back
 
Recent analysis from Kaiko attributes the increase in volume to yen market instability. Japanese Prime Minister Kishida stressed Web3’s potential for social transformation. Southeast Asian traders and investors have been heavily involved in the crypto sector. The amount of trading on Japanese exchanges increased by more than 60 percent last month compared to the start of 2023. Recent analysis from Kaiko attributes the increase in volume to yen market instability. The yen’s value versus the dollar has plummeted during the last year and a half. As a consequence of its high degree of volatility investors in Japan have moved toward crypto. Push for Web3 Adoption Key personalities such as Koichi Hagiuda, chairman of the Policy Research Council for Japan’s Liberal Democratic Party, and Japanese Prime Minister Fumio Kishida spoke at the WebX Conference, the biggest worldwide conference focused on digital technology in Asia. Hagiuda, according to a report by local media, emphasized Japan’s established regulatory framework and dedication towards nurturing Web3’s development as an example of why the country is so supportive of the technology. On the other side, Japanese Prime Minister Kishida stressed Web3’s potential for social transformation, expressing his hope that the conference will inspire new internationally significant initiatives, especially in the Metaverse domain. The Liberal Democratic Party in Japan released a paper in April outlining strategies for expanding the country’s crypto business. Among their proposals are reforms to tax policy, clarifications to accounting standards, and the establishment of a legal framework for decentralized web3 firms. Prime Minister Fumio Kishida’s “Cool Japan” technology promotion policy includes these proposals, which seek to cement Japan’s position as a crypto-friendly jurisdiction while also reiterating the country’s status as a global leader in both neutral and responsible technological advancement. Highlighted Crypto News Today: Elon Musk’s ‘X’ Vision: Twitter Teases Banking and Crypto Expansion
 
WBS, an event by Trescon, is gathering the region’s leading voices in the web3 ecosystem as Asia puts down its marker as the home of blockchain and crypto. Join the countdown! Book your passes now for the most anticipated blockchain event of the year. WBSSingapore, one of the world’s longest running blockchain events, is back! Taking place on 2nd-3rd August, this eagerly awaited summit will be presented by Nordek, the driving force behind innovation in the industry. Nordek, a leading web3 payment and gaming solution ecosystem, is taking the industry by storm with its recent entry into the Singapore’s leading crypto exchange, Coinstore. With its association with one of the longest running blockchain event, World Blockchain Summit exhibits its commitment to the growth and rapid adoption of blockchain-based solutions. With its wide array of products, Nordek is playing a pivotal role in bringing web3 based payment platforms into the mainstream. Naveen Bharadwaj, CEO of Trescon, expressed his gratitude, stating,” We are excited to have Nordek be a part of the World Blockchain Summit in Singapore. Their expertise and innovative approach ensure a seismic boom of the blockchain industry. This partnership aligns with our common ambition to empower businesses with the transformative solutions of blockchain-based solutions. We are certain that the World Blockchain Summit in Singapore will not only showcase the latest innovations but also provides attendees with valuable insights, actionable strategies, and exceptional networking opportunities.” “We are thrilled to showcase NORDEK and its innovative features at the World Blockchain Summit Singapore 2023 and to launch some new products at the event,” NORDEK’s Raajessh Kashyap, CEO remarked. “Our vision is to build a blockchain ecosystem that is accessible and user-friendly for both businesses and consumers.” NORDEK is well-positioned to accelerate the widespread adoption of web3 payments with its technology and comprehensive portfolio of services. WBS will give us the right platform and visibility to bring our innovations to masses.” The World Blockchain Summit has become a leading platform where top industry experts, web3 innovators and visionaries converge to deliberate over latest trends and technologies that are driving the transformative potential of the emerging technologies a step forward. World Blockchain Summit aims to drive collaboration and presents unlimited networking opportunities to its attendees. Don’t miss the opportunity to be part of #WBSSingapore, where cutting-edge ideas and game-changing solutions will take centre stage. Engage with leading experts, entrepreneurs, and industry pioneers who will shape the future of blockchain. Unveiling the latest trends and advancements in the field, this summit offers a platform for funding opportunities, expert guidance, and invaluable networking. Register now to secure your spot at World Blockchain Summit Singapore. Last few discounted tickets are up for grabs, so act fast to ensure your presence at the most thought-provoking blockchain event of the year. Key Topics Include: What Web 3.0 means for enterprises NFT Market Overview: Trends & Opportunities Bridging DeFi and CeFi Value Creation in the Metaverse Looking into the Future of Web3 DAOs: A Business-Building Opportunity Digital Asset Solutions for Business Regulation of Crypto Assets The Big Picture: Market Outlook for 2023 Experience an exclusive exhibition area showcasing ground-breaking projects, dedicated spaces for investors to explore potential deals, and unparalleled networking opportunities with industry icons and pioneers. To book your passes and gain access to this extraordinary event, visit: https://bit.ly/WBSG-GAINACCESS About World Blockchain Summit (WBS) World Blockchain Summit (WBS), a part of Trescon, one of the world’s fastest-growing organizers of emerging tech B2B events, demand gen services and more, is a web 3.0 focused events organizer. The management team has over 20 years of experience organizing successful conferences, expos, and summits. WBS works with web 3.0 industry leaders and innovators as advisors to ensure alignment with current market trends and needs. About Nordek Nordek is at the forefront of revolutionizing Web3 with its innovative payment and gaming solutions. Through its light speed-fast ecosystem, Nordek empowers consumers and businesses to embrace the potential of blockchain technology. Whether integrating solid codes or crafting tailor-made solutions, Nordek’s optimized blockchain platform enables seamless payment and gaming experiences. Get ready to mingle with our stellar partners: Presenting Partner: NORDEK Lead Sponsor: FIRDAOS Gold Sponsor: PHOENIX, TELESIGN Silver Sponsor: HUMBL, MILLIONERO, GPTCoin, FUTURECX Bronze Sponsor: MIMO, ZOKSH Pitch Partner: U2U FOUNDATION, FLOIN Exhibitors: SINGAPORE BLOCKCHAIN INNOVATION PROGRAMME, MRMINT, ESPSOFTTECH Association Partner: WOMEN IN BLOCKCHAIN ASIA Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.
 
Bullish DOT price prediction for 2023 is $7.003 to $8.885. Polkadot (DOT) price might reach $10 soon. Bearish DOT price prediction for 2023 is $4.186. In Polkadot (DOT) price prediction 2023, we use statistics, price patterns, RSI, RVOL, and other information about DOT to analyze the future movement of the cryptocurrency. Polkadot (DOT) Current Market Status Current Price $5.18 24 – hour trading volume $138,358,194 24 – hour price change 2.76% Down Circulating supply 1,245,111,279 DOT All – Time High $55.00 (Nov 04, 2021) DOT Current Market Status (source: CoinMarketCap) What is Polkadot (DOT)? Polkadot (DOT) is the native cryptocurrency of the Polkadot ecosystem. Polkadot is a multi-chain blockchain ecosystem home to a network of interoperable sharded blockchains, and parachains. The token, DOT, was launched in August 2020. DOT is primarily used as network fees and grants governance rights to the holders. Furthermore, the Polkadot ecosystem comprises a core network, relay chain, and several parachains. The blockchain utilizes the nominated proof-of-stake (NPoS) consensus to secure the transactions of the blockchain. Polkadot (DOT) Price Prediction 2023 Polkadot (DOT) ranks 13th on CoinMarketCap in terms of its market capitalization. The overview of the Polkadot price prediction for 2023 is explained below with a daily time frame. DOT/USDT Cup and Handle Pattern (Source: TradingView) In the above chart, Polkadot (DOT) laid out a cup and handle pattern. A cup and handle is a technical chart pattern that is similar to a cup and handle where the cup is in the shape of a “u” and the handle has a slight downward drift. A cup and handle is considered a bullish signal extending an uptrend and is used to spot opportunities to go long. At the time of analysis, the price of Polkadot (DOT) was recorded at $5.18. If the pattern trend continues, then the price of DOT might reach the resistance levels of $5.549 and $7.216. If the trend reverses, then the price of DOT may fall to the support of $4.988, and $4.264 Polkadot (DOT) Resistance and Support Levels The chart given below elucidates the possible resistance and support levels of Polkadot (DOT) in 2023. DOT/USDT Resistance and Support Levels (Source: TradingView) From the above chart, we can analyze and identify the following as the resistance and support levels of Polkadot (DOT) for 2023. Resistance Level 1 $7.003 Resistance Level 2 $8.885 Resistance Level 3 $5.183 Support Level $4.186 DOT/USDT Support and Resistance Level As per the above analysis, if Polkadot’s (DOT) bulls take the lead, then it might hit and break through its resistance level of $8.885. Conversely, if Polkadot’s (DOT) bears dominate the trend, the price of DOT might plunge to $4.186. Polkadot (DOT) 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 Polkadot (DOT) are shown in the chart below. DOT/USDT RVOL, MA, RSI (Source: TradingView) The technical analysis indicator Relative Volume (RVOL) is used to measure the trading volume of an asset in relation to its recent average volumes. It is typically calculated by dividing the current day’s trading volume by the average volume over a specified period, such as the past 20 or 50 trading days. Also, it helps traders in identifying unusual trading activity and changes in market sentiment. At the time of analysis, the RVOL of Polkadot (DOT) was found below the cutoff line. Thus, it denotes a weak volume of participants trading in the current trend. The next technical indicator is the Moving Average (MA). This momentum indicator is used to smooth out price data and identify trends in the market. It helps in calculating the average price of an asset over a specific period. Particularly, the 50-day moving average (50 MA) evaluates the average closing price of the asset over the past 50 days. When the price of an asset is above 50MA, it is considered to be in an uptrend (bullish), and if laid below 50MA, it is in a downtrend (bearish). Notably, in the above chart, the DOT price lies above 50 MA (short-term), indicating its upward. Hence, DOT is in a bullish state. Although this is the current state, a trend reversal might occur. Next up is the Relative Strength Index (RSI). Significantly, this analysis indicator helps traders to determine the strength and momentum of an asset’s price movement over a specific period. In this analysis, the RSI is calculated by comparing the average gains and losses of the asset over the past 14 periods. The resulting value lies between a range of 0 and 100. Hence, the readings above 70 indicate an overbought state, and below 30 indicate an oversold state. Significantly, traders often use the RSI to identify potential trend reversals or to confirm the trend’s direction. For instance, if an asset is in an uptrend and the RSI reaches an overbought reading of 70, it may suggest that the asset is due for a pullback or correction. Conversely, if an asset is in a downtrend and the RSI is in an oversold reading of 30, it may suggest a potential reversal. At the time of analysis, the RSI of DOT is at 54.52. Therefore, this indicates DOT is a nearly overbought state. Also, this confirms that DOT sends out a buy signal. Polkadot (DOT) Price Prediction 2023 — ADX, RVI In the below chart, we analyze the strength and volatility of Polkadot (DOT) using the following technical analysis indicators – Average Directional Index (ADX) and Relative Volatility Index (RVI). DOT/USDT ADX, RVI (Source: TradingView) To analyze the strength of the trend momentum, let us take note of the Average Directional Index (ADX). The ADX value is derived from the two directional movement indicators (DMI) such as +DI and -DI and is expressed between 0 to 100. According to the data on the above chart, the ADX of DOT lies in the range of 18.263 pointing out a weak trend. The above chart also displays another technical indicator – the Relative Volatility Index (RVI). This indicator measures the volatility of an asset’s price movement over a specific period. With respect to the chart’s data, the RVI of DOT lies below 50, indicating low volatility. Comparison of DOT with BTC, ETH Let us now compare the price movements of Polkadot (DOT) with that of Bitcoin (BTC), and Ethereum (ETH). BTC Vs ETH Vs DOT Price Comparison (Source: TradingView) From the above chart, we can interpret that the price action of DOT is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of DOT also increases or decreases respectively. Polkadot (DOT) Price Prediction 2024-2030 With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Polkadot (DOT) between 2024 and 2030. Polkadot (DOT) Price Prediction 2024 If bulls dominate the price momentum and trend patterns, then Polkadot (DOT) might successfully test and surpass its resistance levels to hit $15 by 2024. Polkadot (DOT) Price Prediction 2025 The significant upgrades in the Polkadot ecosystem might persuade the entry of an increased number of investors. This may eventually boost the Polkadot (DOT) price to reach $20 by 2025. Polkadot (DOT) Price Prediction 2026 If Polkadot (DOT) successfully tests its major resistance levels and continues to move upside, then it would rally to hit $25. Polkadot (DOT) Price Prediction 2027 If Polkadot (DOT) sustains major resistance levels and stands as a better investment option in the market, then DOT would rally to hit $29. Polkadot (DOT) Price Prediction 2028 If Polkadot (DOT) holds a positive market sentiment amid the highly-volatile crypto market by driving significant price rallies, then DOT would hit $35 by 2028. Polkadot (DOT) Price Prediction 2029 If investors flock in and continue to place their bets on Polkadot (DOT), then the crypto would witness major spikes. Hence, DOT might hit $37 by 2029. Polkadot (DOT) Price Prediction 2030 By 2030, the DOT price might rally to $40 if the trend momentum aligns in favor of Polkadot. Furthermore, DOT would hold a positive market sentiment and be labeled as a long-term investment with highly profitable ROI. Conclusion If Polkadot (DOT) establishes itself as a good investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish Polkadot (DOT) price prediction for 2023 is $8.885. Comparatively, the bearish Polkadot (DOT) price prediction for 2023 is $4.186 If there is a positive elevation in the market momentum and investors’ sentiment, then Polkadot (DOT) might hit $10. Furthermore, with future upgrades and advancements in the Polkadot ecosystem, DOT might surpass its current all-time high (ATH) of $55.00 and mark its new ATH. FAQ 1. What is Polkadot (DOT)? Polkadot (DOT) is the native cryptocurrency of the Polkadot ecosystem. Polkadot is a multi-chain blockchain ecosystem home to a network of interoperable sharded blockchains, parachains. 2. Where can you buy Polkadot (DOT)? Polkadot (DOT) has been listed on many crypto exchanges which include Binance, FMFW.io, MEXC, OKX, Coinbase, WhiteBIT, Bybit, Gate.io, and Phemex. 3. Will Polkadot (DOT) record a new ATH soon? With the ongoing developments and upgrades within the Polkadot platform, Polkadot (DOT) has a high possibility of reaching its ATH soon. 4. What is the current all-time high (ATH) of Polkadot (DOT)? Polkadot (DOT) hit its current all-time high (ATH) of $55.00 on Nov 04, 2021. 5. What is the lowest price of Polkadot (DOT)? According to CoinMarketCap, DOT hit its all-time low (ATL) of $2.69 on Aug 20, 2020. 6. Will Polkadot (DOT) hit $10? If Polkadot (DOT) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $10 soon. 7. What will be the Polkadot (DOT) price by 2024? Polkadot (DOT) price might reach $15 by 2024. 8. What will be the Polkadot (DOT) price by 2025? Polkadot (DOT) price might reach $20 by 2025. 9. What will be the Polkadot (DOT) price by 2026? Polkadot (DOT) price might reach $25 by 2026. 10. What will be the Polkadot (DOT) price by 2027? Polkadot (DOT) price might reach $29 by 2027. Top Crypto Predictions Pepe (PEPE) Price Prediction 2023 Waves (WAVES) Price Prediction 2023 Avalanche (AVAX) 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.
 
Dogecoin leads in trading volume with a 513.20% surge. DOGE Surges over 8.11%, in 24 hours The memecoin community is rejoicing over the recent news of Dogecoin dominating other major cryptocurrencies like Bitcoin and Ethereum in terms of trading volume. It has experienced an impressive surge of 513.20%, breaking the 24-week streak of flat trading charts. Even Litecoin, which saw a persistent surge in trading volume due to the halving anticipation, falls behind in comparison to Dogecoin. Investors’ high interest in Dogecoin can be largely attributed to market waves caused by the former CEO of X, adding DOGE to his Twitter address. Moreover, newborn X’s announcement of implementing buying and selling of DOGE and other cryptocurrencies also caused a price surge of 8.11%, with the price hitting the lowest at $0.07713 and the highest at $0.07798 within 24 hours. DOGE Price Chart, Source: TradingView Dogecoin vs Bitcoin, Ethereum and Litecoin While most memecoins are in the bearish zone, Dogecoin stands out as a light in the dark. Its ROI saw a surge of 13668.78%, and the long-standing association with Elon Musk helped it go viral on social media platforms, especially given X’s current popularity. According to LunarCrush, the social engagement of Dogecoin reached 261.11M, up 362.8%. With a lot of social chatter and speculation around X’s utility, DOGE at the time of writing holds the second position in LunarCrush AltRank— a combined measure of social and market activity. Meanwhile, the gold coin BTC is struggling to maintain the $30,000 upmark, facing a decline of 2.02% in its price and ranking third in the trading volume price race, with a volume increase of 45.34%. The silver coin ETH is also experiencing a price decline of 0.96%, standing at $1,856, and is running fourth in the trading volume race. Standing second in the race, Litecoin’s trading volume is up 43.86%, largely due to the anticipation surrounding its halving event as mentioned. However, its price is currently in the bearish zone, down by 3.62%. Overall, Dogecoin’s surging trading volume and price, combined with its high ROI and strong social engagement, set it apart from other cryptocurrencies, making it a standout contender in the market right now. Do you think that Dogecoin will sustain the positive trading momentum? Tweet us @The_NewsCrypto and let us know your thoughts. Highlighted News Today Dogecoin Whales Accumulate Billions: Speculating on Their Intentions
 
Bitcoin whales are witnessing a historic exodus. @CryptoVizArt, a senior researcher at Glassnode has shed light on the significant shifts within the whale cohort in a new analysis. Bitcoin Whales’ Impact: Unveiling The Numbers In a remarkable revelation, the research highlights the substantial impact of whales on recent market activity. According to the data, “34% of sell pressure in the last 30 day was from Binance whales.” These influential entities have been instrumental in shaping the recent market dynamics. Moreover, the research also highlights a trend in whale behavior: a noteworthy decline in the total balance of whale entities on exchanges. In the last 30 days, the report states, “Whale Flow to Exchanges witnessed the largest monthly balance decline in history, hitting -148,000 BTC/month.” This dramatic decline marks a significant shift within the whale cohort, raising intriguing questions about their motives and strategies. As the market witnessed the rally above $31,000, the influx of whale funds to exchanges surged remarkably. Glassnode’s data reveals that whale inflow volumes reached an impressive +16,300 BTC/day, signifying their active involvement in recent market movements. Notably, this whale dominance accounted for 41% of all exchange inflows, which is comparable to both the LUNA crash (39%) and the failure of FTX (33%). Throughout June and July, whale inflows have sustained an elevated inflow bias of between 4,000 to 6,500 BTC/day. Among all exchanges, Binance emerged as the primary destination for whale inflows. The report discloses that around 82% of whale-to-exchange flows were heading into Binance. In contrast, Coinbase accounted for 6.8%, and all other exchanges account for 11.2%. While the overall balance of whales may have declined, @CryptoVizArt’s analysis points to intriguing internal dynamics within the whale cohort. As some whales increased their balances, others experienced declines. This phenomenon led the researcher to introduce the concept of ‘Whale Reshuffling,’ suggesting that not all whales follow the same strategy. The examination of the whale cohort over the last 30 days shows that whales with more than 100,000 BTC have recorded an increase of +6,000 BTC, whales with 10k-100k BTC have decreased their account balance by -49.0k BTC and whales with 1k-10k BTC have increased their account balance by +33.8k BTC. However, in aggregate, the whale group has seen just -8.7k BTC in net outflows. Remarkably, whale entities now account for only 46% of the total supply, down from 63% at the beginning of 2021. Since the early days of Bitcoin, a steady downward trend can be observed. Short-Term Holders: The Driving Force The research also sheds light on the dominance of short-term holders (STHs) among the whale entities. The data indicates that STHs represent a significant portion of recent trading activity, actively trading the market. This behavior is evident as market rallies and corrections lead to notable upticks in profit or loss among this group. Short-Term Holder (STH) Dominance across Exchange Inflows has exploded to 82%. This is drastically above the long-term range over the last five years (typically 55% to 65%). “From this, we can establish a case that much of the recent trading activity is driven by Whales active within the 2023 market and thus classified as STHs”, states the analyst. Each rally in 2023 has seen heightened profit taking. BTC whale transactions can therefore currently be a good indicator. However, special attention also needs to be paid to the STHs, which will eventually run out of bullets at some point. At press time, the BTC price stood at $29,203.
 
Bullish FIL price prediction for 2023 is $4.975 to $7.048. Filecoin (FIL) price might reach $10 soon. Bearish FIL price prediction for 2023 is $2.702. In Filecoin (FIL) price prediction 2023, we use statistics, price patterns, RSI, RVOL, and other information about FIL to analyze the future movement of the cryptocurrency. Filecoin (FIL) Current Market Status Current Price $4.52 24 – Hour Trading Volume $161,689,555 24 – Hour Price Change 0.14% down Circulating Supply 437,721,171 FIL All – Time High $236.84 (On April 01, 2021) FIL Current Market Status (Source: CoinMarketCap) What is Filecoin (FIL)? Filecoin (FIL) is the native cryptocurrency of the Filecoin blockchain. Filecoin is an open-source, decentralized storage protocol that exists on top of the InterPlanetary File System (IPFS). Filecoin (FIL) was launched in an ICO in 2017 whereas the Filecoin mainnet went live in October 2020. Filecoin was developed by Protocol Labs. Filecoin enables users to store any size of data on multiple hack-proof storage providers or devices. It serves as a better alternative to the existing cloud storage providers such as Dropbox, Google Drive, and Amazon S3. Filecoin deploys proof-of-replication (PoRep) and proof-of-spacetime (PoSt) consensus mechanisms to secure the blockchain. Miners use these consensus models to verify the data that is being stored on the blockchain. They require only GPUs, CPUs, and hard drives for mining. Filecoin nodes act as storage nodes. Filecoin (FIL) is given out as mining rewards and also as rewards to users for renting out the space for storage. Filecoin (FIL) Price Prediction 2023 Filecoin (FIL) holds the 29th position on CoinGecko right now. FIL price prediction 2023 is explained below with a daily time frame. FIL /USDT Descending Channel Pattern (Source: Tradingview) The above chart of Filecoin (FIL) laid out the descending channel pattern. Descending channel patterns are short-term bearish in that a stock moves lower within a descending channel, but they often form longer-term uptrends as continuation patterns. The descending channel pattern is often followed by higher prices. but only after an upside penetration of the upper trend line. A descending channel is drawn by connecting the lower highs and lower lows of a security’s price with parallel trendlines to show a downward trend. Within a descending channel, a trader could make a selling bet when the security price reaches its resistance trendline. An ascending channel is the opposite of a descending channel. Both ascending and descending channels are primary channels followed by technical analysts. At the time of analysis, the price of Filecoin (FIL) was recorded at $4.52. If the pattern continues, the price of FIL might reach the resistance levels of $4.618, $6.711, and $8.8740. If the trend reverses, then the price of FIL may fall to $3.338. Filecoin (FIL) Resistance and Support Levels The chart below shows the support and resistance levels of Filecoin (FIL). FIL /USDT Support and Resistance Levels (Source: Tradingview) From the above daily time frame, we can clearly interpret the following as the resistance and support levels for Filecoin (FIL). Resistance Level 1 $4.975 Resistance Level 2 $7.048 Support Level 1 $3.486 Support Level 2 $2.702 FIL /USDT Support and Resistance Levels The charts show that Filecoin (FIL) has performed a bullish trend over the past month. If this trend continues, FIL might run along with the bulls overtaking its resistance level at $7.048. Accordingly, if the investors turn against the crypto, the price of Filecoin (FIL) might plummet to almost $4.016, a bearish signal. Filecoin (FIL) 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 Filecoin (FIL) are shown in the chart below. FIL/USDT RVOL, MA, RSI (Source: TradingView) The technical analysis indicator Relative Volume (RVOL) is used to measure the trading volume of an asset in relation to its recent average volumes. It is typically calculated by dividing the current day’s trading volume by the average volume over a specified period, such as the past 20 or 50 trading days. Also, it helps traders in identifying unusual trading activity and changes in market sentiment. At the time of analysis, the RVOL of Filecoin (FIL) was found below the cutoff line. Thus, it denotes a weak volume of participants trading in the current trend. The next technical indicator is the Moving Average (MA). This momentum indicator is used to smooth out price data and identify trends in the market. It helps in calculating the average price of an asset over a specific period. Particularly, the 50-day moving average (50 MA) evaluates the average closing price of the asset over the past 50 days. When the price of an asset is above 50MA, it is considered to be in an uptrend (bullish), and if laid below 50MA, it is in a downtrend (bearish). Notably, in the above chart, the FIL price lies above 50 MA (short-term), indicating its upward. Hence, FIL is in a bullish state. Although this is the current state, a trend reversal might occur. Next up is the Relative Strength Index (RSI). Significantly, this analysis indicator helps traders to determine the strength and momentum of an asset’s price movement over a specific period. In this analysis, the RSI is calculated by comparing the average gains and losses of the asset over the past 14 periods. The resulting value lies between a range of 0 and 100. Hence, the readings above 70 indicate an overbought state, and below 30 indicate an oversold state. Significantly, traders often use the RSI to identify potential trend reversals or to confirm the trend’s direction. For instance, if an asset is in an uptrend and the RSI reaches an overbought reading of 70, it may suggest that the asset is due for a pullback or correction. Conversely, if an asset is in a downtrend and the RSI is in an oversold reading of 30, it may suggest a potential reversal. At the time of analysis, the RSI of FIL is at 58.62. Therefore, this indicates FIL is a nearly overbought state. Also, this confirms that FIL sends out a buy signal. Filecoin (FIL) Price Prediction 2023 — ADX, RVI In the below chart, we analyze the strength and volatility of Filecoin (FIL) using the following technical analysis indicators – Average Directional Index (ADX) and Relative Volatility Index (RVI). FIL/USDT ADX, RVI (Source: TradingView) To analyze the strength of the trend momentum, let us take note of the Average Directional Index (ADX). The ADX value is derived from the two directional movement indicators (DMI) such as +DI and -DI and is expressed between 0 to 100. According to the data on the above chart, the ADX of FIL lies in the range of 21.305 pointing out a weak trend. The above chart also displays another technical indicator – the Relative Volatility Index (RVI). This indicator measures the volatility of an asset’s price movement over a specific period. With respect to the chart’s data, the RVI of FIL lies below 50, indicating low volatility. Comparison of FIL with BTC, ETH Let us now compare the price movements of Filecoin (FIL) with that of Bitcoin (BTC), and Ethereum (ETH). BTC Vs ETH Vs FIL Price Comparison (Source: TradingView) From the above chart, we can interpret that the price action of FIL is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of FIL also increases or decreases respectively. Filecoin (FIL) Price Prediction 2024-2030 With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Filecoin (FIL) between 2024 and 2030. Filecoin (FIL) Price Prediction 2024 If bulls dominate the price momentum and trend patterns, then Filecoin (FIL) might successfully test and surpass its resistance levels to hit $15 by 2024. Filecoin (FIL) Price Prediction 2025 The significant upgrades in the Filecoin ecosystem might persuade the entry of an increased number of investors. This may eventually boost the Filecoin (FIL) price to reach $20 by 2025. Filecoin (FIL) Price Prediction 2026 If Filecoin (FIL) successfully tests its major resistance levels and continues to move upside, then it would rally to hit $25. Filecoin (FIL) Price Prediction 2027 If Filecoin (FIL) sustains major resistance levels and stands as a better investment option in the market, then FIL would rally to hit $29. Filecoin (FIL) Price Prediction 2028 If Filecoin (FIL) holds a positive market sentiment amid the highly-volatile crypto market by driving significant price rallies, then FIL would hit $35 by 2028. Filecoin (FIL) Price Prediction 2029 If investors flock in and continue to place their bets on Filecoin (FIL), then the crypto would witness major spikes. Hence, FIL might hit $37 by 2029. Filecoin (FIL) Price Prediction 2030 By 2030, the FIL price might rally to $40 if the trend momentum aligns in favor of Filecoin. Furthermore, FIL would hold a positive market sentiment and be labeled as a long-term investment with highly profitable ROI. Conclusion If Filecoin (FIL) establishes itself as a good investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish Filecoin (FIL) price prediction for 2023 is $7.048. Comparatively, the bearish Filecoin (FIL) price prediction for 2023 is $2.702. If there is a positive elevation in the market momentum and investors’ sentiment, then Filecoin (FIL) might hit $10. Furthermore, with future upgrades and advancements in the Filecoin ecosystem, FIL might surpass its current all-time high (ATH) of $236.84 and mark its new ATH. FAQ 1. What is Filecoin (FIL)? Filecoin (FIL) is the native cryptocurrency of the Filecoin blockchain. Filecoin is an open-source, decentralized storage protocol that exists on top of the InterPlanetary File System (IPFS). 2. Where can you buy Filecoin (FIL)? Traders can trade Filecoin (FIL) on the following cryptocurrency exchanges such as Binance, OKX, Deepcoin, CoinW, and Bitrue. 3. Will Filecoin (FIL) record a new ATH soon? With the ongoing developments and upgrades within the Filecoin platform, Filecoin (FIL) has a high possibility of reaching its ATH soon. 4. What is the current all-time high (ATH) of Filecoin (FIL)? Filecoin (FIL) hit its current all-time high (ATH) of $236.84 on April 01, 2021. 5. What is the lowest price of Filecoin (FIL)? According to CoinMarketCap, FIL hit its all-time low (ATL) of $1.83 on Aug 03, 2019. 6. Will Filecoin (FIL) hit $10? If Filecoin (FIL) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $10 soon. 7. What will be the Filecoin (FIL) price by 2024? Filecoin (FIL) price might reach $15 by 2024. 8. What will be the Filecoin (FIL) price by 2025? Filecoin (FIL) price might reach $20 by 2025. 9. What will be the Filecoin (FIL) price by 2026? Filecoin (FIL) price might reach $25 by 2026. 10. What will be the Filecoin (FIL) price by 2027? Filecoin (FIL) price might reach $29 by 2027. Top Crypto Predictions Pepe (PEPE) Price Prediction 2023 Waves (WAVES) Price Prediction 2023 Avalanche (AVAX) 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.
 
Twitter rebranded as “X” to align with Elon Musk’s vision of an “everything app.” CEO Linda Yaccarino hinted at “X” potentially focusing on payments and banking features. On July 5, Twitter acquired money transmitter licenses in multiple states to expand financial services. The microblogging site Twitter has completed its rebranding process and officially changed its name to “X,” in line with CEO Elon Musk’s ambitious vision to transform the platform into an “everything app.” The rebranding signals the company’s intention to expand beyond its traditional social media roots and venture into new territories. Twitter CEO Linda Yaccarino recently shared some intriguing insights into the company’s future plans in a memo reported by CNBC. She hinted at X’s potential focus on payments and banking features, indicating that the platform aims to become a comprehensive financial service provider. Also, Musk has long expressed interest in offering fintech services on the platform, including peer-to-peer transactions, savings accounts, debit cards, and more. As part of this endeavor, on July 5, Twitter successfully acquired money transmitter licenses from Arizona, Michigan, Missouri, and New Hampshire, signaling its commitment to expanding its financial services within these states. The licenses will enable X to facilitate money transfers, enhancing its capabilities beyond a mere social media platform. Notably, the rebranded platform will continue to develop experiences in video, audio, messaging, and banking. With the goal of delivering delightful user experiences across various domains. Elon Musk’s Love for Crypto Elon Musk is known for his affinity for cryptocurrencies, especially Dogecoin (DOGE). In a symbolic gesture, Musk changed both the Twitter logo to “X” and his location to “X Д. Where “X” represents the new logo of Twitter and “Д is the symbol for Dogecoin. However, his tweets and statements would significantly impact the price of DOGE. At the time of writing, DOGE’s price had climbed over 9.11% to $0.07759. Further, the microblogging site currently provides real-time updates on the status of stocks and cryptocurrencies, displaying their current prices for users. (Source: Twitter) With Twitter’s transformation into X and its potential foray into the financial services industry. The company appears poised to reshape the digital landscape. Further solidify Elon Musk’s vision of an “everything app” that incorporates multiple functionalities to delight users worldwide.
 
As XDC, the digital token for XinFin Network, exhibits a powerful display of bullish momentum, the cryptocurrency market is humming enthusiastically. XDC has increased by an incredible 74% in just one week, impressing traders and investors with its massive rise. The altcoin’s ascent over the past 30 days has been remarkable; it has seen a substantial 56% increase, solidifying its place as one of the market’s most exciting digital assets. The altcoin has demonstrated its strength by trading at a startling 100% premium over its January opening. XDC’s price at the time of writing was $0.058, up 16.6% in the last 24 hours. At cryptocurrency market tracker Coingecko, the token continues to lead the list of the top 100 coins for the week. XDC Dominates Weekly Rankings XDC Network is a blockchain platform for businesses and developers who want to build decentralized apps (dApps) on an efficient and scalable blockchain infrastructure. The platform is built on an enhanced Ethereum codebase and is compatible with the Ethereum Virtual Machine (EVM). In order to attain the target price of $1, analysts predict that the value of the XDC token will increase by a factor of about 24. This suggests a big potential for growth and offers a chance for investors looking for significant returns. XDC has previously shown significant price appreciation. From its lowest price of $0.050 in June 2021, the token’s value increased by slightly more than three times in just two months. In August 2021, XDC reached its highest recorded price of $0.18 thanks to this outstanding performance. Such a sharp price increase demonstrates the token’s intrinsic volatility and ability to provide substantial returns in a short amount of time. A total of 37,705,012,600 XDC coins are available, with a circulating supply of 13,851,401,350 and a market cap of $812 million for XDC. Strong Price Performance This year, the token has boomed, reaching a high of $0.050 before turning erratic, with periodic upward and downward movements. A 10% increase would allow XDC to test its 2023 highs again. Meanwhile, the blockchain project’s collaboration with the Japanese cryptocurrency trading firm SBI VC Trade to sponsor WebX 2023 coincides with the token’s price increase. Users of the XDC network anxiously anticipate an upcoming event that will reveal cutting-edge innovations, open doors to exciting possibilities, and enable interactions with influential personalities in the business. The XDC community is brimming with anticipation for the network’s bright future, and this excitement has driven the network’s price higher over the past week. (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 Crast.net
 
~Aiming For Sustainable Play-to-Earn~ TOKYO–(BUSINESS WIRE)–#IEO–The wholly owned subsidiary of COLOPL, Inc. (HQ: Minato City Tokyo; CEO: Takashi Miyamoto), Brilliantcrypto, Inc. (HQ: Minato City Tokyo; CEO: Naruatsu Baba), announced its new blockchain game “Brilliantcrypto,” which introduces the new “Proof of Gaming” concept at the global Web3 conference “WebX” (held on 25/07/2023). Game Overview Brilliantcrypto is a blockchain game where players around the world become miners and excavate the mines with the aim of finding gemstones and tokens. Users buy pickaxes in the in-game marketplace, and use items like the “detector” while carrying out mining. By mining, players can obtain tokens and gemstones, and there will be the possibility to bring the gemstones, which can turn into NFTs, into many different metaverse worlds. There will also be the possibility to buy and sell the gemstones, as well as use them. What is “Proof of Gaming”? Simply put, “Proof of Gaming” is the game model version of “Proof of Work,” which is Bitcoin’s consensus algorithm. In Bitcoin, mining is carried out in the form of a tremendous amount of hash calculations, which in turn guarantees value on the blockchain. Similarly, in Brilliantcrypto, mining will be carried out in the form of people throughout the world playing the game, which will guarantee the value of gemstones in the digital world. Generating Economic Value In the Metaverse with “Proof of Gaming” The metaverse is currently being developed, and we believe that one reason that could be given for it not fully catching on yet is that there is currently no “economic value.” If the value of digital world gemstones is guaranteed by “Proof of Gaming,” it becomes possible to use them not only in-game, but also in many different metaverse worlds, and so becomes possible to exchange them and use them. Therefore, the more exchanges begin to take place, the more the demand for gemstones with value will grow, and the more people from around the world will gather to play the game. We believe that through this cycle, “Proof of Gaming” will be activated further and as a result, true economic value will be generated in the metaverse. Realizing Sustainable Play-to-Earn In recent years, “play-to-earn,” which made it possible to earn money while playing games using a combination of blockchain technology and cryptocurrency, has been gathering global attention. On the other hand, there has existed a sustainability issue with play-to-earn, as the system only allows individual, early adopters to actually make a profit. Through guaranteeing the value of digital world gemstones with Brilliantcrypto’s “Proof of Gaming” model, societal value will be generated and brought out into the world. That is why we believe sustainable play-to-earn can finally be made a reality. About the Closed Beta Test We will carry out a closed beta test before the official service launch. Therefore, from today until Monday 08/08/2023 05:59 (UTC), we are accepting applications to participate in the beta. Closed Beta Details – Application Period: Tues. 25/07/2023 05:00 〜 Tues. 08/08/2023 05:59 (UTC) – Amount of spots: Limited availability expected – Beta Test Period: 1st Test: Tues. 15/08/2023 06:00 – Tues. 22/08/2023 05:59 (UTC) 2nd Test: Tues. 12/09/2023 06:00 – Tues. 19/09/2023 05:59 (UTC) 3rd Test: Tues. 10/10/2023 06:00 – Tues. 17/10/2023 05:59 (UTC) – Clear Reward (1): Win ¥5000 worth of ETH (receivable by all who clear) – Clear Reward (2): Enter a lottery, where 6 lucky players will win 2 VIP tickets to watch PSG play in France, in the tournament that decides the top European football team (return flight tickets included). Closed Beta Application Page https://beta-user-registration.brilliantcrypto.net Game Website https://brilliantcrypto.net Social Media – Twitter https://twitter.com/Brypto_Official – Discord https://discord.gg/x23GWNu73B – Youtube https://www.youtube.com/@Brilliantcrypto Company Name: Brilliantcrypto, Inc. Headquarters: Tokyo, Minato City, Akasaka 9-7-2, 5F & 6F Midtown East Founded: 2022/11/09 Executive Director: Naruatsu Baba Contacts Point of Contact regardings inquiries from the media on this release Brilliantcrypto PR Representative: Hugo Church, Naoki Nose, Yasuhiro Noguchi Mail:[email protected]
 
The COLOPL Group Blockchain Game Company Brilliantcrypto has signed a contract for a global partnership lasting until June 2025 with the top class football club Paris Saint-Germain F.C. TOKYO–(BUSINESS WIRE)–#IEO–Brilliantcrypto, Inc. (HQ: Minato City Tokyo, CEO: Naruatsu Baba, henceforth “Brilliantcrypto”) has partnered with the international football club Paris Saint-Germain F.C. as an “Official Premium Partner.” Comment from Sébastien Wasels, Managing Director of Paris Saint-Germain in Asia-Pacific “We are delighted to welcome Brilliantcrypto as the new Premium Partner of Paris Saint-Germain. This partnership represents the 12th deal signed by the Club’s Asia Pacific office since its opening, highlighting the strong positioning of Paris Saint-Germain in the region. It is an honor to have an ambitious partner like Brilliantcrypto place its trust in our Club to promote its brand and bring forth a revolutionary game that will allow our fans around the world to interact with the club on a whole new level. With its unique positioning as a lifestyle brand, a strong presence of over 200 million fans on social media and a growing permanent and physical presence in many countries such as Japan via official stores and PSG academies, Paris Saint-Germain has strengthened its ability to support its partners and their objectives worldwide. We look forward to working together with Brilliantcrypto to develop creative and impactful campaigns.” Comment from Naruatsu Baba, CEO of Brilliantcrypto “Brilliantcrypto was established to take on the challenges of blockchain gaming, and create games that truly shine and stand out. Our blockchain game is a provocative project that will implement the “Proof of Gaming” concept, aiming to make sustainable play-to-earn※2 a reality, and generate real economic value in the metaverse. The metaverse has no borders, so in order to deliver real economic value to the metaverse, achieving global recognition is essential. This is why we have been searching for a global marketing partner. I am therefore very pleased that we have partnered with Paris Saint-Germain, a top global brand known for innovation that is directly getting involved with web3. Through this partnership with Paris Saint-Germain, who have many enthusiastic fans globally, especially in Southeast Asia and Latin America where many blockchain gamers reside, we plan to generate lots of excitement across the world.” Paris Saint-Germain F.C. Spectator Ticket Giveaway Campaign Live Now! A closed beta test will be held from 15/08/2023 for Brilliantcrypto, the new blockchain game where players can play-to-earn through mining gemstones. And as a special thank-you for participation players who have successfully cleared the objective of the test will be entered into a lottery to win 2 VIP tickets (plane tickets included) to see Paris Saint-Germain play in the tournament that decides the top European football team. A total of 6 winners will be randomly selected. Closed Beta Registration Page https://beta-user-registration.brilliantcrypto.net/ Game Website https://brilliantcrypto.net Social Media ・Twitter  https://twitter.com/Brypto_Official ・Discord  https://discord.gg/x23GWNu73B ・Youtube https://www.youtube.com/@Brilliantcrypto Company Name: Brilliantcrypto, Inc. Headquarters: Tokyo, Minato City, Akasaka 9-7-2, 5F & 6F Midtown East Founded: 2022/11/09 Executive Director: Naruatsu Baba Contacts Brilliantcrypto PR Representatives: Hugo Church, Naoki Nose, Yasuhiro Noguchi Mail: [email protected]
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