Cardano (ADA) recently managed to inch up by 1% on the weekly charts, demonstrating resilience amidst the ongoing volatility. On the other hand, a more audacious contender, Pomerdoge (POMD), is generating significant buzz. In fact, some experts whisper of an impending price pump that could bring Pomerdoge to the next level. Cardano shows green weekly price charts AnetaBTC announces the start of Cardano’s mainnet operations Pomerdoge to experience a 17x surge before its presale finishes Click Here To Find Out More About The Pomerdoge (POMD) Presale Cardano (ADA) and Its Steady Climb Cardano (ADA) has long been a favorite among crypto enthusiasts for its commitment to scalability and sustainability. As the Cardano price experienced a 1% uptick on the weekly charts, it reaffirmed its ability to weather market turbulence. In recent Cardano news, AnetaBTC has proudly announced the start of Cardano’s long-awaited mainnet operations, marking a considerable advancement. After the ADA blockchain’s successful public test net release earlier in April, anetaBTC seeks to ignite Cardano’s DeFi potential by injecting it with on-chain wrapped BTC. The launch of the mainnet is important for Cardano as it sets out on a mission to include Bitcoin liquidity via the BTC asset. Now, the Cardano price sits at $0.2984 with a market cap of $10.4B. With its moving averages also showing buy signals, many experts remain bullish about its long-term growth potential. Thus, they forecast a $0.37 price point by December 2023. Pomerdoge (POMD): Beyond the Hype In a market characterized by rapid shifts, new contenders are constantly vying for attention, and Pomerdoge (POMD) is the latest star on the horizon, promising more than just a cryptocurrency. Pomerdoge represents a P2E game that taps into the gaming world’s immense potential as over 3B individuals spend time on online games. With Pomerdoge, players can build and shape their characters into elite figures within the game’s dynamic world. The allure of customization beckons, as players can craft unique items and outfits, allowing them to express their individuality and style. However, the journey doesn’t end there. As players progress and attain the coveted gold status Pomer, a new realm of possibilities opens up. This elite status grants access to the Pomerplace, a marketplace within the game where players can trade an array of skins. This innovative feature also introduces a dynamic economic ecosystem where the virtual treasures collected can translate into tangible rewards. At the core of this game lies the POMD native token, now worth just $0.008. In addition, it is in Phase One of its presale. In other words, this price will increase as the presale picks up steam. With access to an exclusive 7,777 NFT collection for POMD holders, buyers are flooding the presale. As a matter of fact, demand is so high that experts forecast a 17x jump before it ends. Find out more about the Pomerdoge (POMD) Presale Today Website: https://pomerdoge.com/ Telegram Community: https://t.me/pomerdoge

Bitcoin Cash (BCH) and several prominent altcoins are experiencing an upward trajectory in their trading prices, attributed to a recent report indicating a favorable ruling by the US federal appeals court. The court’s decision suggests that the US Securities and Exchange Commission (SEC) erred in its rejection of Grayscale’s application for a spot bitcoin exchange-traded fund (ETF). This development has once again underscored the impact of positive regulatory news on the sentiment and valuation of the cryptocurrency market. Regulatory Reassurance Boosts BCH, Overall Market Confidence The crypto market has long been susceptible to fluctuations driven by regulatory uncertainty. However, instances of regulatory clarity, such as the latest ruling regarding Grayscale’s ETF application, have repeatedly shown their potential to galvanize positive sentiment among investors. The maturation and legitimacy that regulatory approvals signify are often interpreted as promising indicators for the industry’s future growth. This enhanced sentiment invariably piques interest not only in Bitcoin but also in various alternative cryptocurrencies, including Bitcoin Cash. Bitcoin Cash Seizes The Momentum With Bitcoin Cash exhibiting a robust price rally, the digital asset’s value soared to $217, as reported by CoinGecko. Over the span of 24 hours, the coin witnessed an impressive surge of 14.8%, which further expanded to 16% over the course of the past week. The remarkable gains can be largely attributed to the positive ripple effect generated by the Grayscale-SEC ruling, which has reverberated across the entire cryptocurrency landscape. The Bitcoin Effect On Altcoins Bitcoin, as the vanguard of cryptocurrencies, continues to wield substantial influence over the market. The surge in its price to $27,456—an increase of more than 5% within a single day—epitomizes the profound impact of Grayscale’s triumph over the SEC. What makes this rally even more intriguing is its domino effect on altcoins like Bitcoin Cash. As investors seek to diversify their portfolios, they inevitably explore alternative cryptocurrencies to maximize their potential gains. This trend has triggered a surge in interest and investment in altcoins, propelling them to new heights. The collective effect of these developments is evident in the substantial growth of the total crypto market capitalization. A surge of nearly $50 billion underscores the immediate impact of regulatory advancements on the market’s valuation. The fact that some of the most significant gains were recorded by cryptocurrencies closely linked to Bitcoin reinforces the notion that regulatory wins and leading cryptocurrency performance are intertwined in a symbiotic relationship. (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 Getty Images

Tether partners with Bahamas’ Britannia Bank, expands offshore banking relationships. USDT market cap steady at $80-82B; dominates stablecoin market. Tether (USDT) , the widely-used stablecoin, has recently taken strategic steps to enhance its operational landscape. Reports indicate that Tether has entered into a collaboration with Britannia Bank & Trust, a private bank situated in the Bahamas. This venture aims to streamline dollar transfers within Tether. Moreover, sources familiar with the matter reveal that Tether has been advising its clients to direct funds to Britannia’s bank account over the past several months. The inception date of this partnership remains undisclosed. And Tether’s existing banking affiliations encompass institutions like Deltec Bank and Capital Union Bank. In a climate where U.S.-based cryptocurrency enterprises are grappling with amplified regulatory scrutiny, Tether’s offshore banking alliances mirror an evolving trend. Following the abrupt downfall of FTX in November 2022, American cryptocurrency firms have increasingly sought international banking collaborations to navigate the changing regulatory landscape. However, Tether’s practice of not completely revealing its balance sheet or banking associations has periodically raised concerns. As it propagates FUD regarding the safeguarding of its substantial $86 billion in assets. Analyzing Recent Developments At present, USDT continues its reign as a dominant player in the stablecoin arena, commanding a market capitalization of $82.9 billion. It translates to an impressive 66.5% of the total market, as per the data from CoinGecko. The market capitalization of USDT underwent a robust surge of 20% in the initial four months of 2023. This surge was during a period marked by upheavals in the banking sector. It includes the troubles faced by Silvergate Bank, Signature Bank, and Silicon Valley Bank. Since then, the market capitalization has stabilized in the $80-82 billion range, highlighting its resilience. Meanwhile, In the realm of Bitcoin mining, Paolo Ardoino, Tether’s Chief Technology Officer, found himself clarifying speculations stemming from images of industrial containers holding Tether logo circulating online. These images prompted conjectures about Tether’s Bitcoin mining endeavors and the locations where mining activities were unfolding. In response, Ardoino took to social media to shed light on the matter. He revealed that the image in question was from a control room within one of Tether’s upcoming Bitcoin mining sites in South America. Although Ardoino disclosed the continent, he refrained from divulging additional details for security considerations. Adding to it, Tether is at the forefront of innovation in the mining sector with its mining software called Moria. This software is designed to provide comprehensive data analytics on energy production at Bitcoin mining sites. Ardoino also recently highlighted the necessity for improved analytics and performance assessment in Bitcoin mining operations. He envisions Moria as a tool that will greatly assist in evaluating a site’s performance. And ultimately optimizing energy usage and enhancing overall efficiency. Finally, A notable point of emphasis is Tether’s continued dominance in trading volume charts, exemplified by 133.03% surge in the past 24 hours. It can be attributed to news breakout of US court stating SEC wrong to deny Grayscale’s spot bitcoin ETF proposal. Also this underscores the significant demand and influence that Tether commands within the cryptocurrency trading sphere.

Pepe (PEPE) has made many millionaires ever since its launch in April 2023. But since it was listed on major exchanges in June, Pepe (PEPE) has stagnated and is trading sideways. The bear market has taken over after the SEC vs. XRP ruling euphoria in July. In the bearish market, experts have picked VC Spectra (SPCT), with its real-world utility, as the next top gainer. Let’s understand why experts want to move away from Pepe (PEPE) and invest in VC Spectra (SPCT). >>BUY SPCT TOKENS NOW<< Pepe (PEPE) Heads Lower Amid Waning Popularity Pepe (PEPE) had one of the most successful launches ever in April 2023. When the news of Pepe (PEPE) being listed on all major exchanges broke in June, it surged massively. PEPE reached its all-time high of $0.0000043 on June 5. At the same time, PEPE has become the third-largest meme coin in terms of its market capitalization. On July 13, PEPE announced that it had more than 130k on-chain holders. But that number has since stagnated, according to data from Etherscan. The only other major announcement from PEPE since then is the update of its token image on Etherscan. As investors and experts look for the next big project, PEPE has been falling consistently. However, PEPE witnessed a minor relief after the July 13 SEC vs. XRP judgment. PEPE went from $0.0000014 on July 13 to $0.0000018 on July 14. But as the markets turned bearish, PEPE has also seen a sharp decline. PEPE is down 52.78% since its July 14 high and is trading at $0.0000008552 on August 28. According to experts, PEPE is a risky investment with no respite or signs of growth in the pipeline. They point towards VC Spectra (SPCT) as their choice of investment because, unlike Pepe (PEPE), SPCT is more than just a token. VC Spectra (SPCT) Shows the Way Forward To Combat the Bears VC Spectra (SPCT) operates as a decentralized hedge fund, asset management protocol, and trading platform. By leveraging cutting-edge technology and artificial intelligence, VC Spectra (SPCT) aims to democratize investing in blockchain products. It is built on the Bitcoin network, is open to all, and thrives on community participation. VC Spectra (SPCT) generates sustainable profits in an ethical manner. It does so by investing in ICOs and blockchain startups. VC Spectra (SPCT) also uses multiple strategies, such as algorithmic trading, systematic trading, scalping, and arbitrage. The users gain access to different funds, such as Alpha Matrix, Quantum Ventures, and Eclipse Opportunity Fund, among others. The profits generated by VC Spectra (SPCT) are protected through the best risk management practices, such as portfolio diversification and hedging. VC Spectra (SPCT) redistributes the profits as rewards and dividends to the users. SPCT is the native governance token of the VC Spectra protocol. It can be used to make trades, vote, and pay transaction fees on the Spectra platform. The SPCT token has a total supply of 2 billion and is deflationary in nature. VC Spectra is conducting the Stage 3 public presale of its token at a price of $0.025 per SPCT. The token is predicted to reach $0.033 in Stage 4, giving a profit of 33% to Stage 3 investors. Yet, the real gains of 220% will be made when VC Spectra (SPCT) reaches $0.08 at the end of the presale. These gains are predicted for VC Spectra (SPCT) even before it is listed on exchanges. As a result, experts have picked VC Spectra (SPCT) as the best investment for 2023! Learn more about the VC Spectra presale here: Buy Presale: https://invest.vcspectra.io/login Website: https://vcspectra.io Telegram: https://t.me/VCSpectra Twitter: https://twitter.com/spectravcfund Disclaimer: The information provided in this release is not investment advice, financial advice, or trading advice. It is recommended that you practice due diligence (including consultation with a professional financial advisor) before investing or trading securities and cryptocurrency.

Bitcoin surges 7.5%, propelling altcoins STX, BCH, and XDC to substantial gains in positive market response. The US Court of Appeals ruled the SEC wrong in rejecting Grayscale Investments’ application for a Bitcoin ETF. On Tuesday, the federal appeals court ruled that the Securities and Exchange Commission (SEC) must reevaluate the application of Grayscale Investments, a crypto asset manager, to launch the first bitcoin exchange-traded fund (ETF). This ruling marks a setback for SEC Chair Gary Gensler’s attempts to regulate the burgeoning crypto sector. As a direct response to this development, the world’s largest cryptocurrency, Bitcoin, experienced a significant price surge of over 7.5%, jumping from $25,968 to $27,983. Top Gainers (Source: CoinMarketCap) The positive momentum initiated by Bitcoin’s price movement had a jetting effect on the global crypto market, with many leading altcoins demonstrating gains. Notably, three altcoins—Stacks (STX), Bitcoin Cash (BCH), and XDC Network (XDC)—emerged as the top gainers of the day. Stacks (STX) Registers 18% Surge Stacks (STX), one of the prominent altcoins, surged over 18% within the past few hours, bringing its trading value to $0.5383. The altcoin also witnessed a stunning increase in its daily trading volume, skyrocketing by more than 1,439% to reach $173 million. Stacks (STX) Price Chart (Source: CoinMarketCap) A notable technical aspect of Stacks’ price has risen above the 50-day exponential moving average (EMA), underlining its upward trajectory. Additionally, the Relative Strength Index (RSI) of STX is approaching the neutral zone, signifying a balanced market sentiment. Bitcoin Cash (BCH) Achieves a 15% Rally Secondly, Bitcoin Cash (BCH) exhibited a rally of over 15% in the past 24 hours, currently trading at $219. This notable price increase was accompanied by a substantial surge in the daily trading volume, which surged by 258% in a single day, reaching $525 million. Bitcoin Cash (BCH) Price Chart (Source: CoinMarketCap) The strong performance of BCH demonstrates the heightened interest and confidence among investors in the altcoin. XDC Network (XDC) Continues Positive Momentum The XDC Network (XDC) has maintained positive momentum since the beginning of the week, showcasing consistent growth. At the time of writing, XDC is trading at $0.06458, reflecting an impressive 17% surge over the last 24 hours. Furthermore, the daily trading volume of XDC witnessed a notable increase of 52%, reaching $14 million. XDC Network (XDC) Price Chart (Source: CoinMarketCap) In conclusion, these developments highlight the dynamic and fast-paced nature of the crypto market, where regulatory decisions and market sentiment can lead to rapid shifts in asset values. What do you think about the recent ruling by the US Court of Appeals? Will it influence the cryptocurrency market? Tweet to us at @The_NewsCrypto and let us know your thoughts.

IQM Spark will be installed at the user’s premises to give them full control for experiments IQM Spark is available for under one million euros ESPOO, Finland & MUNICH–(BUSINESS WIRE)–#deeptech—IQM Quantum Computers (IQM), the European leader in building quantum computers, today launched “IQM Spark,” comprising a superconducting quantum computer and tailored learning experiences for universities and research labs worldwide. IQM Spark comes pre-installed with a 5-qubit quantum processing unit, with more options available allowing for a wide variety of research experiments. To help universities kick-start their quantum program, in addition, universities will have free maintenance for one year, and IQM will also provide training for running the system and learning materials accessible through IQM Academy, a user-friendly online platform. With IQM Spark, students of all levels (bachelor, master, and PhD) will have the opportunity to learn hands-on about quantum computing. Additionally, universities can also provide their students with the skillset needed for a quantum-enabled future by leveraging both hardware and software within the learning materials. With its technical track record and world-class expertise, IQM is also committed to collaborating with universities to drive advancements in quantum science. Dr. Kuan Yen Tan, Chief Technology Officer and Co-founder of IQM Quantum Computers, said: “Since our inception, we’ve invested in and promoted quantum education and the advancement of research, and it’s apparent that universities around the globe need critical tools like IQM Spark to train the workforce needed for the next generation. Given the potential of quantum computing, the ecosystem will require a wide range of talent across electronics, chip fabrication, hardware design, and software engineering. We are confident that our system will facilitate the learning experience and engage students with the physical system.” “We’ve designed this offering for universities and research labs to build up their quantum expertise and we believe that our system will not only perform fundamental quantum experiments and raise interest in Science, Technology, Engineering, and Mathematics (STEM) but we will also advance university science around quantum computing in general, while addressing the shortage of talent and providing value for the job market,” Dr. Björn Pötter, Head of Product at IQM Quantum Computers, points out. IQM has already delivered 5-qubit quantum computers to some universities and research institutions, including the VTT Technical Research Centre of Finland and the Leibniz Supercomputing Centre in Germany. The quantum computer at VTT has been connected to LUMI, Europe’s most powerful supercomputer, hosted by the CSC – IT Center for Science. “VTT and IQM successfully collaborated in delivering Finland’s first quantum computer in 2021. The 5-qubit quantum computer enables users to take the first steps in developing quantum algorithms and learn how to utilise the new technology in practice”, said Pekka Pursula, Research Manager in Quantum Technologies at VTT. “On-premises quantum hardware is only available from a very limited number of vendors. This fact alone makes it hard for us to provide this leading-edge hardware to our scientists. Pricing and missing learning resources make it even harder to make this leading-edge technology available for educational purposes for our students,” said Prof. Dr. Dieter Kranzlmüller, Chairman of the Board of Directors of the Leibniz Supercomputing Centre, which caters to all universities of Bavaria in Germany. “IQM Spark will address three major challenges: availability, learning resources, and affordability. In that way, universities can give practical experience to the next generation of quantum computing experts,” he added. “Making on-premises quantum computer hardware available to our scientists and students as a low-barrier resource will give a boost to scientific progress and educate the next generation of quantum experts. This paves the way for students in Bavarian universities, such as Ludwig Maximilian University of Munich (LMU) and Technical University of Munich (TUM) students, to become entrepreneurs in the field of quantum technologies and live up to the excellence claim of the Munich universities,” he concluded. About IQM Quantum Computers: IQM is the European leader in building quantum computers. IQM provides on-premises quantum computers for supercomputing centres and research labs and offers full access to its hardware. For industrial customers, IQM delivers quantum advantage through a unique application-specific, co-design approach. IQM’s commercial quantum computers include Finland’s first commercial 54-qubit quantum computer with VTT, IQM-led consortium’s (Q-Exa) HPC quantum accelerator in Germany, and IQM processors will also be used in the first quantum accelerator in Spain. IQM has over 280 employees with offices in Paris, Madrid, Munich, Singapore, and Espoo. Contacts Sylwia Barthel de Weydenthal, Head of Marketing and Communications Email: [email protected] Mobile: +358505966629 www.meetiqm.com

Internet Computer Community enabled 1-proposal of the SNS initialization feature. ICP has experienced a significant surge of over 3% in the last 24 hours. DFINITY developers, the developers building on the Internet Computer Protocol, announced that the ICP community has adopted all the proposals. Moreover, the 1-proposal of the SNS initialization feature is enabled. In August 2023, the NNS voted to release the new version of SNS with a new and simplified process. On August 28, DFINITY developers shared a tweet about announcing the launch of 1-Proposal. The new launch process only requires one NNS proposal. That will trigger the creation of SNS canisters as well as starting and finishing the decentralized swap. Moreover, some of the dapps projects have already started planning and testing the SNS launch. Internet Computer Actively Shaping Blockchain Ecosystem The Service Nervous System (SNS) is an advanced form of a DAO. It is a digital democracy that can run any dapps, such as social networks, in a fully decentralized way. Moreover, an SNS derives from a Network Nervous System (NNS), the autonomous tokenized governance system that controls the Internet Computer blockchain in a completely decentralized way. The Internet Computer Community is continuously shaping the blockchain’s features and upgrades with a list of technical updates. The DFINITY Foundation has proposed a partnership with developers and stakeholders to allow entrepreneurs and developers to create a decentralized and tokenized governance system for their dapps. Service Nervous System is one of the proposals among them all. The launch of 1-Proposal SNS enables the Dapp to have sufficient cycles to run, develop additional features, and scale with demand. Moreover, SNS facilitates token-based governance that can also be used to attract users to their Dapps and drive network effects to extend their reach. On the other hand, Internet Computer (ICP) has experienced a significant surge in the last 24 hours. At the time of writing, the Internet Computer has been trading at $3.54, with an increase of over 3.16% in the last 24 hours. The daily trading volume of ICP has experienced a surge of around 169.59%, according to CoinMarketCap.

Circle’s CEO Jeremy Allaire has announced that USDC will be launched natively on the Base Network platform next week. Allaire took to social media platform X (formerly known as Twitter) to share this news, emphasizing the benefits and implications of this integration. Circle also confirmed the announcement, stating that USDC issued by Circle will be considered the official form of USDC for the Base Network ecosystem. They further highlighted that native USDC will gradually replace the currently circulating bridged USDbC liquidity that originates from Ethereum. Base Network’s Native USDC Integration To Attract Capital? The integration of native USDC on Base Network offers numerous advantages for users and developers alike. Key among these benefits is the expansion of liquidity, as native USDC gains traction within the ecosystem. An important aspect of the integration is the potential replacement of bridged USDbC (USD Coin on Ethereum) liquidity. Base Network aims to establish a “self-sustaining” ecosystem, where transactions and value transfers occur natively within the network. Per the announcement, by reducing reliance on external bridges, the integration of native USDC enhances efficiency, security, and scalability, resulting in a more streamlined and user-friendly experience. Notably, the migration process from bridged USDbC to native USDC will be managed by Base Network in collaboration with ecosystem apps to ensure a seamless transition of liquidity. In addition to the expected boost to the network’s financial infrastructure, the integration of native USDC aims to create new opportunities for developers to leverage stablecoin functionality within their decentralized applications (dApps). This integration is also expected to simplify the integration of fiat currency and cryptocurrency for institutional investors, further broadening the appeal and utility of Coinbase’s Base. Importantly, the integration of native USDC will not immediately impact Base Bridge, which will continue to operate “normally”, ensuring uninterrupted functionality for users, according to the announcement made on Monday. Overall, The impending integration of the stablecoin on the Base Network marks an important development for the decentralized ecosystem. The introduction of USDC brings potential benefits such as enhanced liquidity, streamlined value transfer, and increased opportunities for developers. While the transition from bridged USDbC to native USDC may present challenges, Base Network is committed to managing the migration process effectively and addressing any concerns. As the launch of native Circle USD on Base Network approaches, industry participants eagerly anticipate its potential impact on liquidity dynamics and the broader cryptocurrency landscape. While the integration holds promise, it remains to be seen how successful it will be in attracting users within the Base Network ecosystem. Featured image from iStock, chart from TradingView.com

Bitcoin price rallied above $26,500 and $27,000. BTC tested the $28,000 resistance zone and is currently correcting lower toward $27,000. Bitcoin jumped and cleared the $26,500 resistance zone. The price is trading above $26,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance near $26,100 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is correcting gains, but it might find bids near $27,000 or $26,700. Bitcoin Price Regains Strength Bitcoin price started a decent increase following news that a US court ruled in favor of Grayscale against the SEC, opening the doors for ETF. BTC gained pace and was able to clear the $26,500 resistance zone. There was a steady increase, and the price even broke the $27,500 resistance zone. Finally, it tested the $28,000 resistance zone. A high is formed near $28,150 and the price is now correcting gains. There was a minor decline below the $27,800 level. The price traded below the 23.6% Fib retracement level of the upward move from the $25,927 swing low to the $28,150 high. However, Bitcoin is still trading above $26,500 and the 100 hourly Simple moving average. Source: BTCUSD on TradingView.com If there is a fresh increase, immediate resistance is near the $27,650 level. The first major resistance is near the $28,000 level. A clear move above the $28,000 level might send the price toward $28,500. The next major resistance is near $29,200, above which there could be a sustained increase. In the stated case, the price could test the $30,000 level. Any more gains might set the pace for a larger increase toward $31,200. Are Dips Limited In BTC? If Bitcoin fails to clear the $28,000 resistance, it could continue to move down. Immediate support on the downside is near the $27,000 level. The next major support is near the $26,700 level or the 61.8% Fib retracement level of the upward move from the $25,927 swing low to the $28,150 high. A downside break below the $26,700 level might push the price again into a bearish zone. In the stated case, the price could drop toward $26,000. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $27,000, followed by $26,700. Major Resistance Levels – $28,000, $28,500, and $29,200.

Ethereum price rallied above the $1,700 resistance against the US Dollar. ETH struggled near $1,750 and is currently correcting gains. Ethereum gained momentum above the $1,660 and $1,670 levels. The price is trading above $1,700 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance near $1,650 on the hourly chart of ETH/USD (data feed via Kraken). The pair is now correcting gains from the $1,750 resistance. Ethereum Price Rally Stalls Ethereum’s price was able to start a decent increase from the $1,620 zone. ETH formed a base and started a steady increase above the $1,650 resistance, like Bitcoin. There was a break above a key bearish trend line with resistance near $1,650 on the hourly chart of ETH/USD. The pair climbed higher above the $1,670 and $1,700 resistance levels. However, the bears were active near the $1,750 zone. A high is formed near $1,747 and the price is now correcting gains. There was a move below the $1,720 level. The price declined below the 23.6% Fib retracement level of the upward move from the $1,639 swing low to the $1,747 high. Ether is now trading above $1,700 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $1,725 level. The next resistance is near the $1,750 level. A close above the $1,750 level might send the price toward the $1,850 zone. If there is a clear move above $1,850, Ethereum could rise toward the $1,920 resistance. Any more gains might send the price toward the $2,000 resistance. Are Dips Supported in ETH? If Ethereum fails to clear the $1,750 resistance, it could continue to move down. Initial support on the downside is near the $1,700 level. The first key support is close to $1,680 or the 61.8% Fib retracement level of the upward move from the $1,639 swing low to the $1,747 high. The next major support is near the $1,660 level. If there is a downside break below $1,660, the price could accelerate lower toward the $1,620 level. Any more losses might send the price toward the $1,540 level in the near term. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 level. Major Support Level – $1,680 Major Resistance Level – $1,750

Dogecoin is showing positive signs above the $0.0642 level against the US Dollar. DOGE could continue to rise if it stays above the $0.0606 support. DOGE started a decent increase above the $0.0642 resistance against the US dollar. The price is trading above the $0.065 level and the 100 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.0630 on the 4-hour chart of the DOGE/USD pair (data source from Kraken). The price could correct lower, but dips might be attractive near the $0.062 zone. Dogecoin Price Starts Recovery After a major decline, Dogecoin price found support near the $0.055 zone. DOGE traded as low as $0.0557 and started a fresh increase. There was a decent move above $0.0600 and the price settled above $0.0606. Recently, there was a strong increase in Dogecoin like Bitcoin and Ethereum, and it was able to clear the $0.0620 resistance. The price climbed above the 50% Fib retracement level of the main decline from the $0.0772 swing high to the $0.0557 low. Besides, there was a break above a key bearish trend line with resistance near $0.0630 on the 4-hour chart of the DOGE/USD pair. It is now trading above the $0.065 level and the 100 simple moving average (4 hours). On the upside, the price is facing resistance near the $0.0665 level. The first major resistance is near the $0.0690 level or the 61.8% Fib retracement level of the main decline from the $0.0772 swing high to the $0.0557 low. Source: DOGEUSD on TradingView.com A close above the $0.0690 resistance might send the price toward the $0.0725 resistance. The next major resistance is near $0.0780. Any more gains might send the price toward the $0.080 level. Are Dips Supported in DOGE? If DOGE fails to gain pace above the $0.0690 level, it could start a downside correction. Initial support on the downside is near the $0.0642 level. The next major support is near the $0.0606 level. If there is a downside break below the $0.0606 support, the price could decline further. In the stated case, the price might decline toward the $0.055 level. Technical Indicators 4 Hours MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. 4 Hours RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.0642, $0.0625, and $0.0606. Major Resistance Levels – $0.0665, $0.0690, and $0.075.

Shiba Inu (SHIB) price is once again at a crucial crossroads. Currently, it’s down a staggering 91% from its all-time high (ATH) of $0.00008845, recorded in October 2021. Over the past year, the token has been on a consistent downtrend, marking lower highs and lower lows on the monthly time frame. But all is not bleak for SHIB investors. The recent relaunch of Shibarium, a layer 2 blockchain, is a beacon of hope. This move is seen as Shiba Inu’s attempt to transition from its meme coin status to a more serious player in the crypto world, aiming to enable applications for millions across a vast ecosystem. Shiba Inu Faces A Double-Edged Sword From a technical chart analysis perspective, there’s another glimmer of hope: the formation of a triple bottom pattern. This pattern, if validated, could signal the end of SHIB’s two-year-long downtrend. However, it’s a double-edged sword. If invalidated, this pattern could morph into a descending triangle, potentially pushing SHIB to new lows. A closer look at SHIB’s weekly chart reveals the formation of this triple bottom pattern. A triple bottom is a bullish chart pattern. It’s characterized by three roughly equal lows bouncing off a support level, followed by a breakout above the resistance. This visual pattern indicates a shift in power from sellers (bears) to buyers (bulls). Remarkably, the formation of a triple bottom is often seen as an opportunity for traders to enter a bullish position, especially after a prolonged bearish trend, as is the case with SHIB. A few rules typically qualify triple bottoms. An existing downtrend should precede the pattern. SHIB checks this box. Second, the three lows should be roughly equal in price, allowing for a horizontal trendline. SHIB fits this criterion as well. Third, the volume should decrease throughout the pattern, indicating weakening bears, while bullish volume should surge as the price breaks through the final resistance. The chart highlights this for SHIB. To delve deeper into the specifics: SHIB’s first bottom was recorded when it dropped to the $0.00000715 mark in June 2022. A subsequent recovery was short-lived, causing SHIB to fall to its second bottom at $0.00000781 in December 2021. The third bottom was formed at $0.0000060 in June 2023, after another recovery attempt faced resistance and marked a lower high. However, the danger lies in the striking similarity between the triple bottom and the descending triangle. If the support at $0.00000715 breaks, SHIB could validate the descending triangle and target its previous yearly low at $0.000006. Holding this level is crucial; otherwise, SHIB might enter uncharted territory. It’s worth noting that traders often seek confirmation of a triple bottom using other technical indicators. An oversold Relative Strength Index (RSI) is one such indicator. Currently, SHIB’s weekly RSI stands at 45 (neutral), leaning more towards the possibility of a descending triangle pattern. But if the triple bottom plays out, the rewards could be substantial. The first major target for SHIB could be the 23.6% Fibonacci retracement level at $0.00002545, translating to a potential gain of approximately 200% from its current price.

Onboarding users and an insufficient number of builders are some of the key challenges for Metaverse and Web3 space. Followed by its virtual airdrop, ZTX records 200,000 new user wallets in a day. ZTX, a prominent builder of metaverse and web3 platforms, has just completed a rapid and highly effective onboarding campaign over the weekend. With a limited-edition virtual hoodie airdrop, ZTX has attracted more than 200,000 new user wallets on Arbitrum, the Ethereum scaling solution that is known for its high-throughput, low-cost transactions. The hoodie can be used in both legacy Web2 and newer Web3 settings and exemplifies the ZTX’s ethos of delivering interoperability that projects across the board hail as the solution to the world’s tech challenges but few have adequately addressed. ZTX’s Limited Edition Virtual Hoodie Onboarding users has been the most critical challenge for many virtual worlds and Web3 platforms in recent times. Without a sufficient number of users participating in online offerings and creators building those offerings, many projects have fizzled out all too quickly. Too much of the world’s online activity still takes place in the Web2 space, and Web3 likely still needs some time to mature. Why not combine offerings or functionalities that cater to both? That’s exactly what ZTX did with the release of its virtual collectible. The platform has been gradually building out its interactive and immersive virtual world over the past year. Packed with novel experiences of all kinds, and designed with user-focused utility and benefits from the ground up, ZTX is leading the march toward delivering a fully functional and self-sustaining virtual world for creators and users alike. Confering Real Utility To Web3 & Metaverse Worlds The ZTX onboarding campaign was so successful that over 20 creators from its legacy platform – creators who collectively boast over 8 million followers — created content and hosted livestreams to educate their followers about ZTX’s on-chain expansion. These are the users and creators who will pioneer the Web3 future by leading initiatives during the overlapping transition stages between Web2 and Web3. The type of interoperability boasted by ZTX comes with numerous benefits. First and foremost, it allows creators and users to enjoy the best of both the Web2 and Web3 worlds without having to sacrifice participation, activities, or opportunities in one for those in the other. Second, it allows for quicker onboarding, better user education, and the kinds of streamlined offerings that users are accustomed to instead of relying on steep learning curves and high dropoff rates that are common in Web3 due to the perceived complexity and user unfamiliarity with Web3. Finally, it provides the perfect on-ramps for bringing people into the Web3 world by introducing them to wallets, blockchain-based tokens and rewards, and the digital asset-based future that we are collectively heading toward. As ZTX continues its journey of bringing innovative experiences to new audiences, it is primed to launch its Genesis Home Mint — a collection of 2,000 bespoke NFT homes with built-in utility and functionality — on OpenSea on August 30. This mint, which follows a sold-out presale, will be the basis of the economic engine for many users of ZTX since these homes can be used in a variety of ways and can help users establish their bases and earn real rewards. The mint will precede the release of ZTX’s updated private beta of its on-chain platform, which is scheduled for September of this year. Earlier this month, ZTX announced the results of a rounding round. Led by Jump Crypto, the project raised $13 million to do exactly what it is doing – advance its Web3 virtual world, help creators, and onboard users fast.

SEBA (Hong Kong) Limited (SEBA Hong Kong) is set to become the first licensed corporation in Hong Kong with crypto capabilities backed by a Swiss crypto bank, SEBA Bank AG (SEBA Bank), providing it with the platform to operate regulated activities in virtual assets. HONG KONG–(BUSINESS WIRE)–SEBA Bank, a full-service, global crypto bank providing financial solutions for the digital age (wealth management, investment, trading, and advisory services), has today announced that an approval-in-principle (AIP) from the Securities and Futures Commission (SFC) in Hong Kong has been issued to its regional subsidiary, SEBA Hong Kong. SEBA Hong Kong has received the AIP for its licence application to operate regulated activities in Hong Kong to deal in securities, including virtual assets-related products, such as OTC derivatives and structured products; advise on securities and virtual assets; and conduct asset management for discretionary accounts in both traditional securities and virtual assets. This licence, when issued, will pave the way for SEBA Hong Kong to be part of the first group of licensed corporations in Hong Kong to conduct investment services with crypto capabilities in the market, making the Switzerland-headquartered bank a significant frontrunner in Hong Kong’s burgeoning crypto economy. Amy Yu, CEO APAC, SEBA Hong Kong, commented: “It is exciting to be at the forefront of innovation in one of the world’s leading financial and technological centres, Hong Kong. This AIP signifies that all our efforts are heading in the right direction –– SEBA group wants to service crypto investors in jurisdictions that recognise the value of digital assets. We see enormous potential in Hong Kong’s journey to becoming a global crypto market leader and look forward to contributing to that trajectory. SEBA Hong Kong commends the example Hong Kong sets for regulatory standards worldwide, and values the role of this licence in expanding our regulated footprint across Asia Pacific.” Obtaining an AIP is the first step in SEBA Hong Kong’s path to acquiring an official licence that will allow it to operate as a licensed entity once all the SFC conditions have been met. The AIP marks a significant leap forward in SEBA group’s mission to secure the future of the global crypto economy and, in turn, validates SEBA Hong Kong’s position in the market as a trusted and regulated partner. Franz Bergmueller, Group CEO, SEBA Bank, commented: “SEBA Hong Kong’s AIP is a reflection of our team’s commitment towards compliance and due diligence — essential pillars of tomorrow’s digital economy. Complementing SEBA group’s established licences in Switzerland (FINMA) and Abu Dhabi (FSRA), the Hong Kong AIP significantly extends our global regulatory footprint. SEBA group aligns itself with the Hong Kong government and its financial regulators in facilitating an environment that supports the responsible growth of the digital assets industry.” SEBA Hong Kong’s licence will be an important milestone in its Asia Pacific strategy — to be on the ground providing wealth management, investment, and advisory services for investors with the security and customer experience that accompanies a regulated institution. To find out more, visit seba.swiss. ### Amy Yu, Chief Executive Officer APAC, SEBA Hong Kong, is available for interview. About SEBA Bank – Crypto.Banking.Simplified. Founded in April 2018 and headquartered in Zug, SEBA Bank is a pioneer in the financial industry and is the only global regulated crypto bank providing a fully universal suite of banking services in the emerging digital economy. In August 2019, SEBA Bank received a Swiss banking and securities dealer licence. The broad, vertically integrated spectrum of services, combined with the highest security standards, make SEBA Bank’s value proposition unique. CVVC Global Report and CB Insights named SEBA Bank as Top 50 Companies within the blockchain ecosystem. Aite Group awarded SEBA Bank their 2021 Digital Wealth Management Impact Innovation Award in the “Digital Startup of the Year” category, and LinkedIn listed SEBA Bank as one of the Top Startups 2021 in Switzerland. In 2022, SEBA Bank won the Digital Assets Offering or Service at the WealthBriefing Swiss EAM Awards, and the bank was also recognised for its product offering SEBAX and won the Best ETP of the Year award in Swiss ETF Awards 2022. In 2023, SEBA Bank won the European WealthBriefing Award in the Digital Assets Solution, Fund Manager category. For more information about SEBA Bank, please visit our website. — This document is for information only and is not intended as an offer, or a solicitation of an offer, to buy or sell any investment or other specific product/service. SEBA Bank is not licensed to conduct banking and financial activities in Hong Kong nor is SEBA Bank supervised by banking and financial authorities in Hong Kong. Contacts Media contact: Wachsman Matt Turner, Senior Consultant [email protected] SEBA Bank AG Yves Longchamp Managing Director [email protected]

The Bitcoin price trades close to the $26,000 level during today’s trading session, as it has since last week. However, new data points to a potential breakout out of the current range and into previously unexplored territory in 2023. As of this writing, Bitcoin trades at $25,950 with sideways movement across the board. Other cryptocurrencies in the top 10 by market capitalization display similar price action as the sector enters another period of low volatility. Bitcoin On The Verge Of Making A Decision? The co-founder of crypto analytics firm Glassnode, Yann Allemann, recently shared data that could hint at a potential rebound. Via social media X, Allemann pointed at Bitcoin’s Relative Index Strength (RSI), a metric used to measure when an asset has entered overbought or oversold territory. BTC’s recent downside price action pushed the RSI to a historical oversold level, 28. The chart below shows that almost every August with a negative RSI and a BTC monthly return north of 10% leads to a sideways September but to a green October. If the price of Bitcoin moves in tandem with its history, this decline in performance and RSI could hint at massive gains for the cryptocurrency in the coming two months. The Glassnode co-founder stated the following: Also, the chart shows that Bitcoin rarely sees two Octobers in the red following a bear market as the one experienced in 2022. This fact adds to the bullish thesis for Bitcoin as 2023 enters its final months, and new narratives increase their influence over the price action. On the other hand, Allemann pointed at the increasing Open Interest (OI) for Bitcoin as prices trend sideways. The analyst believes that most OI comes from traders opening long positions. As the OI rises, BTC will likely see another aggressive move. Short liquidation could push the cryptocurrency back into its previous range if the price trends to the upside. However, if the opposite occurs, the high amount of long positions could push BTC into crucial support.

Shiba Inu’s (SHIB) community’s resolution was tested following Shibarum’s launch, as the network didn’t get off to the best start, dragging SHIB’s price down in the process. However, the community’s faith didn’t waiver, and now, it is in celebratory mode as Shibarium marks a major milestone just a day after its relaunch. Shibarium Wallets Cross 100,000 Members of the SHIB community have stormed social media to celebrate this major milestone, with many users on the X (formerly Twitter) platform posting several tweets in this regard with the hashtag “#SHIBARMYSTRONG.” According to data from block explorer Shibariumscan, over 100,000 wallets have been created on the Shibarium network since going live. This figure signifies an increase of over 35,000 wallets created since Shibarium relaunched yesterday. Shibarium’s lead developer, Shytoshi Kusama, announced on August 28 that the network was ready for “prime time” and that the network was going to be reopened to the public. As part of the announcement, he noted that Shibarium had accumulated over 65,000 wallets before the relaunch. Since then, new users have flocked to the network, with the total number of wallet addresses on the network standing at around 101,658 (at the time of writing). That represents more than a 50% increase in the number of users on the network since it relaunched. This figure may not surprise the SHIB community, considering that Kusama had earlier credited them for the “massive influx of transactions and users” that overwhelmed the network upon launch. Such a milestone suggests that the SHIB community remains bullish on the layer-2 network despite the difficulties it experienced upon launch. Shibarium is projected to become a major player in the decentralized finance (DeFi) space as demand for the network increases. The network’s success is also expected to significantly impact the Shiba Inu token, considering that it is one of the governance tokens on the network. As such, its value should rise as trading activity on Shibarium increases. More To Come, Says Shiba Inu Lead Dev In his update on Shibarium’s restart, Kusama noted that there was more to come for the network as it continues to build. He further stated that the team would keep providing Shibarium updates on their official channels. As part of these updates, Kusama announced on their official Telegram channel that the official WBone will be launched shortly, stating that the contract verification “should be up early this week.” He also mentioned that there are plans to renounce BONE’s token contract. BONE is one of the governance tokens on the Shibarium network. With this development, the token’s developer will no longer be able to make future changes in a move that strengthens holders’ confidence. Shibaswap, Shiba Inu’s decentralized exchange (DEX), will also be moved to Shibarium. The DEX is currently built on the Ethereum network. This marks part of the efforts to move all Shiba Inu-related products to the layer-2 network. Kusama noted that Shibarium was still “very early” and had a long way to go. However, he will continue to focus on “building decentralized systems and showcasing projects.”

In a refreshing ruling on August 29, the United States District of Columbia Court of Appeals said the stringent Securities and Exchange Commission (SEC) was, after all, wrong in denying Grayscale to convert their over-the-counter (OTC) Bitcoin Trust (GBTC) into a Bitcoin spot exchange-traded fund (ETF). The regulator had previously barred the conversion of the GBTC to an ETF, citing an alleged absence of measures to prevent price manipulation, forcing Grayscale to sue. Before this ruling, the presiding judge said SEC needed to elaborate on why they denied Grayscale’s application. Litecoin Rebounds Following today’s court statement, Bitcoin prices soared, and the aftermath of this pump has positively impacted Litecoin. As it is, BTC is up roughly 10%, sharply rebounding from around $25,800 support recorded last week. Meanwhile, LTC, the bitcoin “silver,” is up 7% when writing, aiming to reverse losses of August 17. Litecoin is changing hands at around $70, with a noticeable increment in trading volumes. Typically, in crypto trading, a spike in volumes, regardless of trend direction, can point to engagement and provide a “hint” of traders’ sentiment. With rising volumes and expanding prices, it could suggest that bulls are positioning themselves for even more gains in the sessions ahead. Meanwhile, sharp losses with increasing volumes may mean bears are unloading, and prices may drop. Post-Halving Rally On? The expansion in LTC trading volumes, as visible in the daily chart, could translate to a possible bottom for the digital asset that has been under pressure in the past few sessions. To illustrate, LTC is down 26% in August 2023 alone. This dump is despite news of the Litecoin network halving its miner rewards to 6.25 LTC in early August. In crypto, halving events has historically been associated with fresh cycles of increasing demand for the underlying coin. For Bitcoin, past performances indicate that the coin tends to rally months after the halving event. Meanwhile, in Litecoin, it has been mixed, but spot prices are generally higher than in 2019 when it halved. With Grayscale igniting demand in Bitcoin and other proof-of-work altcoins like Litecoin, it is yet to be seen whether bulls will build on this and push prices, especially of LTC, higher. LTC prices are currently trending inside the August 17 bear candlestick. Technically, this is bearish from volume analysis. A sharp reversal and rally, ideally above $75, peeling back August 17 losses, might catalyze more demand, potentially setting the base for a relieving post-halving rally. If this is the case, August 17’s losses could be the climactic end of the leg down as LTC establishes a triple bottom at around the $60 and $65 support zone. Previously, LTC found support in this region in March 2023 and December 2022.

TORONTO–(BUSINESS WIRE)–$CBIT #Bitcoin–(Block Height: 805,355) – Cathedra Bitcoin Inc. (TSX-V: CBIT; OTCQB: CBTTF) (“Cathedra,” the “Company,” or “we”), is pleased to announce the results of our operations for the second quarter and six months ended June 30, 2023 (“Q2 2023”). Second Quarter 2023 Financial Highlights Our mining operations produced 77.15 gross bitcoin during Q2 2023, compared to 57.65 bitcoin during Q2 2022, an increase of 19.50 bitcoin. The increase was due primarily to the expansion of our hash rate from 231 PH/s as of June 30, 2022, to 382 PH/s as of June 30, 2023. This expansion of our hash rate more than offset an increase in network hash rate, from 214 EH/s as of June 30, 2022, to 370 EH/s as of June 30, 2023. We recorded revenue of C$2.9 million during Q2 2023 compared to C$2.5 million during Q2 2022, an increase of $0.4 million. The increase was due primarily to the expansion of our hash rate, which more than offset the increase in network hash rate and a decrease in the average price of bitcoin from US$32,492 during Q2 2022 to US$28,038 during Q2 2023. We settled C$2.5 million of the outstanding principal amount of our 3.5% senior secured convertible debentures into approximately 18.5 million common shares of the Company, which were issued at a deemed price of C$0.135 per share. As of August 29, 2023, the convertible debentures have an outstanding principal balance of C$19.9 million, which is due upon maturity on November 11, 2024. As of August 29, 2023, we held approximately C$3.7 million of cash and approximately C$744,300 of bitcoin (19.55 BTC) for total cash and bitcoin liquidity of approximately C$4.4 million. Second Quarter 2023 Operational Highlights We completed the deployment of the remaining Bitmain Antminer S19J Pro and XP machines that we purchased in Q4 2021 at our leased data centers in Washington and a third-party hosting facility in Kentucky. We renewed our hosting agreement with an existing partner in Tennessee for another 12-month term which began on July 1. Under the terms of the renewed agreement, we pay a fixed rate of US$72.50 per megawatt hour for electricity and hosting services for 1,129 Bitmain Antminer S19J Pro machines and retain the ability to underclock these machines without losing rights to the full power capacity. On August 17, 2023, we informed the hosting partner of our intention to begin underclocking these machines on September 1, 2023. Through underclocking, we will reduce the break-even hash price on these machines by 12% to approximately US$46.00/PH/s/day, ensuring these machines continue to produce positive cash flow. We announced a strategic partnership with 360 Mining, an off-grid bitcoin mining company with a presence in Texas. With the partnership, we have expanded our operating footprint to a fourth US state and have become the only publicly listed bitcoin miner with operations utilizing both on- and off-grid energy sources. We have deployed the first of our proprietary bitcoin mining Rovers—which are mobile data centers we design and manufacture in-house—at 360 Mining’s off-grid location in Texas, with 360 Mining providing natural gas and power generation infrastructure to supply continuous electricity to our bitcoin mining infrastructure. We pay an effective rate of US$45.80 per megawatt hour for power consumed, plus 10% of gross bitcoin mined at the site. Using underclocked machines which we have repurposed from our previous partnership with Great American Mining in 2021-22, the initial deployment currently produces approximately 5 PH/s and is expected to improve to 8 PH/s in the coming weeks as we implement further optimizations. The partnership gives us the right to up to 2.0 megawatts of total power capacity, which we expect to produce at least 54 PH/s of total hash rate if fully utilized. As of August 29, 2023, the Company’s active bitcoin mining hash rate totaled 387 PH/s across four states and six locations in the United States. Management Commentary “Recent weeks have seen the improved bitcoin mining conditions of H1 2023 regress to levels comparable to most challenging periods of Q4 2022. During this time, we remain focused on finding creative, capital-efficient ways to create value for our shareholders. This focus is exemplified by our recent partnership with 360 Mining, under which we will continue to deploy idle hash rate and infrastructure with minimal capex, as well as our ongoing efforts to underclock our machines using custom firmware to ensure profitability. As always, we thank our shareholders for their continued support.” About Cathedra Bitcoin Cathedra Bitcoin Inc. (TSX-V: CBIT; OTCQB: CBTTF) is a Bitcoin company that believes sound money and abundant energy are the keys to human flourishing. The Company has diversified bitcoin mining operations which produce 387 PH/s across four states and six locations in the United States. The Company is focused on managing and expanding its portfolio of hash rate through a diversified approach to site selection and operations, utilizing multiple energy sources across various jurisdictions. For more information about Cathedra, visit cathedra.com or follow Company news on Twitter at @CathedraBitcoin or on Telegram at @CathedraBitcoin. Cautionary Statement Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements This news release contains certain “forward-looking information” within the meaning of applicable Canadian securities laws that are based on expectations, estimates and projections as at the date of this news release. The information in this release about future plans and objectives of the Company, are forward-looking information. Other forward-looking information includes but is not limited to information concerning: the intentions and future actions of senior management, the intentions, plans and future actions of the Company, as well as the Company’s ability to successfully mine digital currency; revenue increasing as currently anticipated; the ability to profitably liquidate current and future digital currency inventory; volatility of network difficulty and, digital currency prices and the resulting significant negative impact on the Company’s operations; the construction and operation of expanded blockchain infrastructure as currently planned; and the regulatory environment of cryptocurrency in applicable jurisdictions. Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time it was made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. The Company has also assumed that no significant events occur outside of the Company’s normal course of business. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to revise or update any forward-looking information other than as required by law. Contacts Media and Investor Relations Inquiries Sean Ty Chief Financial Officer [email protected]

The exchange’s role in evading international financial scrutiny is likely behind this move. Similar actions were taken with Russian banks last week by the crypto exchange. Binance no longer accepts Banco de Venezuela as a funding source for its P2P trading service. Similar actions were taken with Russian banks last week, so this is certainly an attempt to comply with international financial crackdown. Users in Venezuela claim that Binance has removed Banco de Venezuela as a P2P payment option this week, following a similar pattern of withdrawals of Russian banks. The exchange’s role in evading international financial scrutiny is the clear impetus for this move. Complying With Sanctions Grupo Santander, a private holding corporation, handed over it to the state for around $1 billion in 2009. In 2018 and 2019, the U.S Treasury Department levied sanctions on leaders and connected entities in the Venezuelan government in reaction to the suppression of protesters in 2014 and 2017. The WSJ reported last week that Tinkoff Bank and Sberbank were available as transfer methods on Binance, sparking a renewed interest in whether or not sanctioned institutions were included on crypto P2P payment alternatives. On the same day, Tinkoff and Sberbank disappeared from the Binance P2P platform. Reporters on August 25 cited a representative for Binance as confirmation that the sanctioned institutions had been completely removed off the list. Also, on August 28, OKX and Bybit, two other prominent cryptocurrency exchanges, followed Binance’s lead and stopped accepting deposits from Russian banks under sanctions. Based on the results of the most recent assessment, Binance stated on Sunday that it would disable 39 liquidity mining pools this week. On September 1, 2023, it is anticipated that these 39 liquidity pools would cease operations due to their alleged inability to pass this evaluation. Highlighted Crypto News Today: Crypto Market Rallies on Grayscale’s Victory Against U.S SEC

The platform may now legally provide crypto wallet services in Rhode Island. It’s interesting to speculate how DOGE will fit in with the Twitter crypto wallet ambitions. X (twitter), the social media network owned by Elon Musk has been granted permission to provide crypto wallet services in one US state. A recent filing indicated that the firm has been issued a Currency Transmission License by the state of Rhode Island. The platform may now legally provide crypto wallet services after receiving a license in Rhode Island. The ability to store, transfer, and receive other cryptocurrencies is a potentially game-changing addition to X’s payments infrastructure. Financial Markets Ecosystem Expanding the crypto market to include more consumers, this action would also help promote cryptocurrency to a wider audience. Musk’s regular tweet related to Dogecoin is well known to all, so it’s interesting to speculate how the memecoin will fit in with the Twitter crypto wallet ambitions. Musk may be able to use the success of the crypto wallet launch to provide further cryptocurrency-related financial services to the platform. This is in addition to Musk’s plan to include a financial market ecosystem within the platform. During Twitter’s X rebranding announcement in 2023, he had previously announced ambitions to include the financial markets ecosystem. The payment processing corporation PayPal had recently introduced its own stablecoin called PYUSD. Also, there was talk at the time that the dollar-backed stablecoin may integrate with the X platform. Highlighted Crypto News Today: CoinDCX Leads Investment Round in BitOasis Crypto Exchange