Solana (SOL) has recorded progressive gains in the past week, with its 7-day high at 15.95%. It is currently trading at $18.73 today with slight gains on its price. Although SOL is still 92.61% below its all-time high value of $260, its recent gains in the past week have pushed its price closer to the $20 price level. SOL Price Outlook This Week Suggests A Bearish Trend SOL is in a sideways trend this week, following positive price action in the last two weeks. It has formed a small red candle on the weekly chart implying that the bears are active this week. Also, SOL is still trading in the lower region of the Donchian Channel (DC), expressing a bearish sentiment. Its Relative Strength Index (RSI) is at 45.60 in the neutral zone between the oversold region of 30 and the overbought region of 70. The RSI indicator reflects the sideways trend this week. SOL’s Moving Average Convergence/Divergence (MACD) is slightly above its signal line and shows convergence which is a bearish signal. Although the MACD displays a negative value, the Histogram bars are green, signaling a bullish recovery ahead. So if the bulls prevail, SOL will likely move to an uptrend in the coming weeks. SOL’s Key Support And Resistance Levels SOL is trading at $18.73 after it found critical support at the $15.43 price level weeks ago. This puts the altcoin close to the $19.48 resistance level. A break above the $19.48 resistance level will help to boost its price to reclaim the $20 psychological resistance level. If this happens, SOL will likely rally to the $21.81 resistance level after breaking above $20. However, a price decline below $18 in the short term remains possible due to its bearish outlook on the weekly chart. Factors Influencing Solana’s Price There are several factors right now that could influence the SOL’s price. These factors include macroeconomic factors such as inflation and crypto regulation in several areas. Also, utility and adoption are vital factors alongside recent trends and developments in the ecosystem. Another trend in SOL’s ecosystem likely influencing its price action this week is its decentralized exchange (DEX) volume. According to a report from the on-chain analytic platform DefiLlama, Solana’s weekly DEX volume increased to see it rank fifth on the list at press time. Related Reading: Lido (LDO) Sustains Weekly Run With 16% Gain – What Fuels It? SOL’s DEX volume surged by 84%, and its 24-hour volume rose above $38 million. This increase will likely help to boost its price action in the coming week. However, despite an increase in its total DEX volume, its Total Value Locked (TVL) is stagnant. DefiLlama shows that SOL’s TVL has been stagnant since its decline in November 2022 following the collapse of FTX. The TVL is currently sitting at $273.26 million, with no notable increase in value despite slight gains in SOL’s price on the daily chart.

A world of luxury and pampering with thousands of Euro/USD in vouchers. DUBAI, United Arab Emirates–(BUSINESS WIRE)–#blockchain–Embarking on a ground-breaking journey, the Cleopatra Club introduces a new era of customer benefits by merging the potential of blockchain technology with the essence of traditional loyalty programs. Inspired by one of the most legendary figures of all time, the symbol of charm, strength and leadership, the Cleopatra Club introduces a lifestyle of luxury, beauty and wellness. Each membership card is a digital asset granting access to unique offers and experiences from renowned global partners. The Cleopatra Club goes live today and its members will receive their welcome pack starting the 14th of July 2023. During the third phase, members will have the option to sell their vouchers to peers directly or through the TLC marketplace. This unique attribute will not only enhance the value of the loyalty card but will also provide flexibility for members to monetize vouchers, adding up to the savings occurring from the use of the platform. Dimosthenis Manginas, founder of Cleopatra, stated: “Our vision is to bring the loyalty club world into the digital age. With Cleopatra, we are creating the first of a series of thematic clubs designed to change the way the world interacts with loyalty cards. When joining our innovative gains-for-all platform, you will be taking your luxury experience to another dimension.” Dr. John Anastasatos, a famous plastic surgeon from Beverly Hills, California, is an early adopter of Cleopatra Club: “The Cleopatra platform represents a new paradigm in luxury and exclusivity. I have the pleasure to announce that I am offering an exclusive discount for my cosmetic surgery services to the first 1,000 members who join Cleopatra.” The pre-sale for the Cleopatra Club is now live, offering the chance to secure a place in this game-changer loyalty program. To learn more and join Cleopatra’s community, visit https://thecleopatra.club. “Token Loyalty Card DMCC” is a pioneer in blockchain-based loyalty programs, offering secure and transparent access to diverse benefits through tokenization. To learn more, visit https://thetlc.club. Contacts Mr Michael Grabner [email protected]

XRP, one of the prominent cryptocurrencies in the market, has witnessed a remarkable surge in its daily burn rate, sparking speculation about its potential to go on a bull rally. Crypto analyst and influencer 24HRSCRYPTO is one of those who have put forward an extremely optimistic outlook for the XRP cryptocurrency. The analyst says that the altcoin, which is currently trading below $1, will reach as high as $100, and has provided reasons. XRP’s Daily Burn Rate Surges, Fueling Speculation of $100 Token Value 24HRSCRYPTO unveiled an astonishing increase in XRP’s burn rate through a series of tweets that captivated the attention of the XRP community. Related Reading: Bitcoin Humpback Wallets Reach ATH, Is BlackRock Behind The Surge? The surge in XRP’s daily burn rate has been a topic of great interest within the crypto community. Just a month ago, the total supply of XRP stood at 99,988,863,851. However, it has now dropped to 99,988,616,835, indicating a reduction of 247,016 XRP. With the total supply of XRP decreasing by 247,016 over the course of just 30 days, equivalent to an average of approximately 8,233 XRP burned per day, the stage is set for a potential upward trend that could lead to a significant appreciation in XRP’s value. In comparison to the figures observed in previous months, the recent 247,016 burned XRP represents a significant increase. This development has prompted crypto enthusiasts to question the potential for further growth and whether it could drive XRP’s value to unprecedented heights. The increased burn rate and the subsequent reduction in XRP’s supply have sparked a wave of excitement among investors. It suggests the possibility of a bullish trend, with the burn rate potentially rising even further as trillions of dollars flow into the crypto market. Senior Ripple Engineer Shares Insight A deeper dive into the factors driving the heightened burn rate reveals valuable insights as a Software engineer at Ripple, Neil Hartner, shed light on the situation, attributing the surge to the deletion of XRPL accounts as a deleted account equals two XRP burned. Hartner specifically highlighted Poloniex, a leading crypto exchange, which recently deleted a staggering 85,566 outdated XRPL accounts. This action alone contributed to the burning of 171,132 XRP. As the burn rate accelerates and the supply of XRP dwindles, the prospect of XRP reaching $100 per token gains traction. While some skeptics may question the validity of such a bold claim, the consistent upward trend in the burn rate provides a compelling argument if it continues at such a scale. The continuous rise in the burn rate and the deletion of XRPL accounts by prominent exchanges reflect the evolving landscape of the crypto market. Investors and enthusiasts are closely monitoring these trends, eagerly anticipating the future value of XRP and the potential rewards it may bring. Amidst these developments, XRP’s current trading price stands at $0.4883, with a market valuation exceeding $25.5 billion.

AAVE, one of the most prominent DeFi tokens, has made a bright start to July. The coin is experiencing a price rally, jumping by more than 26% in the past week. Overall, the AAVE market seems to be enjoying much attention as shown by recent high whale activity. AAVE Aims For $90 Again – Price Action AAVE has been on a positive run in the past few weeks. Since reaching a yearly low of $50 in mid-June, the token has been on a bullish course, which has seen its value rise by over 53%. Related Reading: Lido (LDO) Sustains Weekly Run With 16% Gain – What Fuels It? It is worth noting that the price of AAVE declined for a few days after touching the $75 mark on June 26. This fall caused the token to shed most of its price gain at the time. However, the DeFi token appears to have fully recovered from this loss, with its yearly high of $91.73 now in sight. According to historical price data, there seems to be resistance at the $80 price zone. So the AAVE token would need to overcome this barrier in order to make its way to $90 again. If the coin fails to break this threshold, it could experience a slight retracement to find support at the $70 price level. CoinGecko data shows that AAVE currently trades at $75.81, losing more than 2% of its value in the past 24 hours. This signals a waning buying pressure, which could hamper the token’s chance of breaking the $80 resistance zone. Aave Freezes TUSD Reserve on V2 Ethereum Pool On July 3, 2023, the Aave community executed a proposal to freeze the TrueUSD (TUSD) reserve on the Aave V2 Ethereum pool. This comes in response to the recent controversy surrounding the stablecoin. This proposal will prevent users from depositing or borrowing TUSD on the Aave V2 Ethereum pool. “This AIP (Aave Improvement Proposal) is designed to take a conservative approach to the TUSD situation,” the proposal read. Related Reading: Aptos (APT) Gains By 10% Ahead Of July Token Release TUSD jitters started after its technology partner Prime Trust was rumored to have gone bankrupt. These issues were compounded when the embattled Fintech company shut off withdrawals and deposits due to pressure from Nevada state regulators. Although TrueUSD has halted the minting of its stablecoin via Prime Trust, there is still some uncertainty surrounding the use of its assets. And losing its dollar peg in the month of June didn’t help its case. This AIP to freeze TUSD reserves received overwhelming support, as nearly 84% of voters approved it. However, it is worth noting that users will still be able to repay and withdraw their TUSD from the stablecoin pool.

One of the top online learning platforms in the world, Coursera, has partnered with Binance Academy, the education division of Binance, the largest cryptocurrency exchange in the world. Coursera has more than 124 million users worldwide. Through this partnership, educational opportunities will be made available to everyone in the world via a full suite of learning programs that will start to roll out over the next months and beyond. A wide variety of topics will be covered throughout the programs. Both those wanting to get a fundamental grasp of blockchain, web3, and crypto technologies as well as those wishing to obtain a professional certification in order to pursue a career in the blockchain sector will find them to be catered to. Learners who successfully complete these courses will get digital certifications, which may help create new possibilities in this quickly expanding industry. Businesses that use blockchain effectively are expanding right now. By 2030, this technology is expected to boost more than 40 million employment worldwide, according to PWC’s “Time for Trust” study. The blockchain and cryptocurrency industries already have a high demand for specialists. The need for blockchain programming skills increased by 552% in 2022, according to a DevSkiller analysis based on over 200,000 skills evaluations. Experts from Binance Academy will create the programs. Each educational program will include a number of courses, including video lectures, readings, practice exams or projects, and graded exams. As part of an all-encompassing system that enables millions of people to enter the digital economy, this partnership with Coursera complements Binance Academy’s already-existing global education efforts including multimedia content, Learn & Earn campaigns, and the University Outreach Program. Reference: PwC’s “Time for trust” report DevSkiller Digital & IT Skills Report 2023

CoinDCX CEO Sumit Gupta stated that P2P should be avoided. In P2P transactions, two users can interact directly with each other. Sumit Gupta, CEO of the Indian crypto exchange CoinDCX, expressed strong opinions about the risks associated with P2P trading. He stated that peer-to-peer (P2P) should be avoided because it is not at all worth the risk. Gupta’s notable tweet has sparked a heated debate within the crypto community, raising important questions about the safety and reliability of P2P transactions. The crypto market has continued to revolutionize with enhanced methods of trading. Peer-to-peer trading has emerged as a popular avenue for crypto investors seeking direct and decentralized transactions. Moreover, with P2P transactions, two users can interact directly with each other without intermediation by a third party. CoinDCX CEO Responded to the Crypto Investor’s Tweet On July 4, a crypto investor tweeted that his bank account had continued to frozen after selling USDT on the world’s largest crypto exchange, Binance P2P. Moreover, he asked for a solution to this from Binance’s CEO. Responding to the tweet, CoinDCX’s CEO stated that P2P should avoided as there are inherent risks in doing P2P transactions over and above the severe penalties associated with TDS non-compliance. Moreover, P2P is not at all worth the risk. Sumit Gupta’s perspective emphasizes the potential risks and challenges that can arise from engaging in P2P. While P2P transactions have their advantages, such as decentralization and direct interaction between users, Gupta’s caution highlights the risks. Recently, CoinDCX announced its partnership with KoinX to provide an accurate compliance infrastructure that enables users to file their taxes accurately. Moreover, it enhances the overall user experience. As a result of this collaboration, traders and investors on the CoinDCX platform will have access to KoinX’s simplified and hassle-free crypto tax calculation and reporting.

Operated approximately 210,000 owned and colocated bitcoin miners Produced 1,030 self-mined bitcoin and 508 bitcoin for colocation customers AUSTIN, Texas–(BUSINESS WIRE)–$CORZQ #bitcoin—Core Scientific, Inc. (OTC: CORZQ) (“Core Scientific” or “the Company”), a leader in high-performance blockchain computing data centers and software solutions, today announced production and operations updates for June 2023. Data Centers As of month-end, the Company operated approximately 210,000 bitcoin miners for both colocation and self-mining, representing a total potential hash rate of 22.1 EH/s at its data center facilities in Georgia, Kentucky, North Carolina, North Dakota and Texas. Self-Mining Core Scientific’s self-mining operations produced 1,030 bitcoin in June. As of month end, the Company operated approximately 144,000 bitcoin miners, accounting for approximately 69% of its total number of miners and representing a total potential self-mining hash rate of 15.0 EH/s. Colocation Services In addition to its self-mining fleet, Core Scientific provided data center colocation services, technology and operating support for approximately 66,000 customer-owned bitcoin miners, representing approximately 31% of the bitcoin miners operating in the Company’s data centers as of June 30. Customer-owned bitcoin miners produced approximately 508 bitcoin in June. Grid Support The Company powered down its data center operations on several occasions due to seasonal high temperatures. Curtailments in June totaled 12,444 megawatt hours. Core Scientific works with utility companies and the communities in which it operates to enhance electrical grid stability. ABOUT CORE SCIENTIFIC Core Scientific (OTC: CORZQ) is one of the largest blockchain computing data center providers and miners of digital assets in North America. Core Scientific has operated blockchain computing data centers in North America since 2017, using its facilities and intellectual property portfolio for colocated digital asset mining and self-mining. Core Scientific operates data centers in Georgia, Kentucky, North Carolina, North Dakota and Texas. Core Scientific’s proprietary Minder® fleet management software combines the Company’s colocation expertise with data analytics to deliver maximum uptime, alerting, monitoring and management of all miners in the Company’s network. To learn more, visit http://www.corescientific.com. FORWARD LOOKING STATEMENTS AND EXPLANATORY NOTES This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, those related to the Company’s ability to scale and grow its business, meet its expected operating plan, source clean and renewable energy, the advantages and expected growth of the Company, future estimates of revenue, net income, adjusted EBITDA, total debt, free cash flow, liquidity and future financing availability, future estimates of computing capacity and operating capacity, future demand for colocation capacity, future estimate of hash rate (including mix of self-mining and colocation) and operating gigawatts, future projects in construction or negotiation and future expectations of operation location, orders for miners and critical infrastructure, future estimates of self-mining capacity, the public float of the Company’s shares, future infrastructure additions and their operational capacity, and operating capacity and site features of the Company’s operations and planned operations. These statements are provided for illustrative purposes only and are based on various assumptions, whether or not identified in this press release, and on the current expectations of the Company’s management. These forward-looking statements are not intended to serve, and must not be relied on by any investor, as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of the Company. These forward-looking statements are subject to a number of risks and uncertainties, including, but not limited to, the Company’s ability to obtain bankruptcy court approval with respect to motions in its Chapter 11 cases, successfully enter into and implement a restructuring plan, emerge from Chapter 11 and achieve significant cash flows from operations; the effects of the Chapter 11 cases on the Company and on the interests of various constituents, bankruptcy court rulings in the Chapter 11 cases and the outcome of the Chapter 11 cases in general, the length of time the Company will operate under the Chapter 11 cases, risks associated with any third-party motions in the Chapter 11 cases, the potential adverse effects of the Chapter 11 cases on the Company’s liquidity or results of operations and increased legal and other professional costs necessary to execute the Company’s reorganization; satisfaction of any conditions to which the Company’s debtor-in-possession financing is subject and the risk that these conditions may not be satisfied for various reasons, including for reasons outside of the Company’s control; the consequences of the acceleration of the Company’s debt obligations; the trading price and volatility of the Company’s common stock as well as other risk factors set forth in the Company’s reports filed with the U.S. Securities & Exchange Commission. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. Accordingly, undue reliance should not be placed upon the forward-looking statements. Please follow us on: https://www.linkedin.com/company/corescientific/ https://twitter.com/core_scientific Contacts Investors: [email protected] Media: [email protected]

The ZIL token has seen a jump in its price over the last day in anticipation of the latest Zilliqa network upgrade. According to data by CoinMarketCap, ZIL has now gained 10.13% in the last 24 hours, emerging as the top gainer of the day. Zilliqa Network Upgrade Now Underway According to a tweet by Zilliqa’s official Twitter handle, its mainnet network upgrade v9.2 has commenced today, July 5, as scheduled. This network upgrade is expected to introduce vital improvements to the Zilliqa network, most notably increased interoperability between the Scilla – the platform’s customized smart contract language – and the Ethereum Virtual Machine. Related Reading: Stablecoins Volume Down Despite Crypto Market Recovery, Ratings Agency Finds Furthermore, the upgrade will look to augment Zilliqa’s security and functionality by extending support for third-party EVM contracts and implementing full backward compatibility with all existing Scilla (v0.13.3) contracts. That said, as the Zilliqa network upgrade got closer, its native token, ZIL, has experienced significant buying pressure in the last few days. Most notably, in the early hours of today, ZIL gained by 11% moving from $0.0222 to hit a price of $0.0247 for the first time since the first week of June. Following that price gain, the ZIL token witnessed a slight price loss finding support at the $0.0237 price level and has since remained in that price zone. At the time of writing, Zilliqa (ZIL) is exchanging hands at $0.238, with a 0.10% decrease in the last hour. However, the token’s daily trading volume is up by 189.83% and is valued at $83 million. With a total market cap value of $377 million, Zilliqa is ranked as the 93rd biggest cryptocurrency. Zilliqa’s Price Analysis Looking at ZIL’s hourly chart, the Relative Strength Index shows the token is descending from the overbought zone indicating the bullish run may be over. Furthermore, Ziliqa’s Moving Average Convergence Divergence (MACD) is just about crossing the signal line, meaning a potential incoming bearish run is on the horizon. According to chart data, ZIL appears to have encountered a resistance zone at the $0.0250 price mark. If the bulls are able to increase the buying pressure and push ZIL past this barrier, the token is expected to resume its upward price trajectory. Related Reading: What’s Next For Bitcoin Price? Bulls Aren’t Running Out Of Steam Yet However, a significant level of selling pressure in the market could drive the token’s price as low as $0.0225, which represents its next support level. If this support level falls to hold, ZIL is likely to fall to the price level of $0.02. Launched in 2019, Zilliqa is a public, permissionless blockchain, equipped with a sharded architecture designed to address the scalability and throughput issues common with most blockchains. Featured Image from Binance Academy, Chart from Tradingview.

Non-custodial prime brokerage protocol Primex Finance is thrilled to announce the upcoming launch of its highly anticipated mainnet. With the code frozen and the auditing process underway, the Primex core team is making significant strides towards the release. With independent auditors expected to complete the auditing process in the next 12 weeks, Primex Finance is scheduled to launch its mainnet Beta in September 2023. Meanwhile, the team is actively developing subsequent protocol versions, which will be rolled out in early 2024 to align with the Primex V1 release. For its initial deployment, Primex will be launching on the Polygon PoS network, leveraging the network’s fast-growing ecosystem. The mainnet launch will introduce support for leveraged trading of Wrapped Ether (wETH), Wrapped Bitcoin (wBTC), Polygon (MATIC), USD Coin (USDC), and Tether USD (USDT). These five assets will be available for trading in Primex Credit Buckets, specialized smart contracts that facilitate margin trading on the platform. Lenders will have the opportunity to earn yield by supplying liquidity to the Buckets, while traders can borrow assets for spot margin trading. In addition to margin trading, Primex’s initial deployment will enable users to engage in non-leveraged trading through Spot1X trades and decentralized limit swaps. Following the mainnet launch, the list of supported assets for these trade types is expected to expand significantly. Beyond the Polygon network, Primex has plans to deploy on one or two additional chains in the near future. The team is actively exploring various options, including Arbitrum and the Ethereum mainnet. Ethereum mainnet stands as the leading DeFi ecosystem, with over $26 billion locked in decentralized finance protocols on its mainnet. Considering Ethereum’s established infrastructure, it presents an attractive choice for Primex’s expansion, particularly catering to traders with large position sizes. Simultaneously, the protocol aims to support the broader community by leveraging more L2 blockchains to accommodate lower position sizes. “We are thrilled about the upcoming mainnet launch, as it signifies a significant milestone on our roadmap,” said Dmitry Tolok, Co-founder of Primex. “In the meantime, Primex continues to be available to early users on the testnet, offering a risk-free environment to explore and test the platform’s capabilities.” Alongside the mainnet update, the Primex team has unveiled additional information regarding the protocol’s documentation. Users can now conveniently access the project’s Whitepaper and the highly anticipated Yellow Paper. About Primex Finance Founded in 2021, Primex Finance is a non-custodial prime brokerage protocol that bridges the gap between lenders and traders. With a focus on enhancing the trading experience on existing decentralized exchanges (DEXs), Primex enables spot margin trading backed by lender liquidity. The platform revolutionizes trading on DEXs by offering a wide range of limit orders with decentralized execution, providing traders with more options and flexibility in their trading strategies. Twitter Discord 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.

The global payments infrastructure platform Mercuryo has announced the launch of Big Time Summit – a FinTech event to be held for the first time in Limassol, Cyprus, on July 7, 2023. The event will be held with the support of Invest Cyprus, Mercuryo’s trusted partner. Their team is ready to support businesses during the location selection process and expanding operations in Cyprus. Offering unparalleled value to professionals in the field, the conference will gather over 400 FinTech thought leaders, and industry innovators from around the globe. In order to put the Big Time Summit together, Mercuryo has partnered with a number of major industry representatives, including names like Binance, Coinbase, TrustWallet, MetaMask, 1inch, and Consensys. Mercuryo has also struck an exclusive partnership with the international PR firm Drofa Comms for the purposes of providing media support and coverage of the event in global media. Throughout the course of the Summit, a lineup of 20+ keynote speakers will hold panels, roundtables and workshops on the topics relevant to the FinTech sector, discussing what trends and drivers this industry is seeing today. The event will also include plenty of opportunities for networking and an evening party where attendees will be able to engage in conversations of their preference. The topics to be covered as part of the conference include leveraging blockchain technology in businesses, the latest trends in digital payments, current regulation landscape, and valuable learnings taken from a tumultuous period in the CEX and DEX markets. Events like Big Time Summit represent a crucial element in the development of the global FinTech stage because they allow numerous participants of this market to interact with peers and industry leaders and exchange experiences. They get to share opinions and insights about the ongoing market agenda, as well as emerging trends and technologies. “Attending such events is how industry members get to stay up-to-date on all the recent developments, broaden their knowledge base, and contribute to shaping the future of finance worldwide. At Mercuryo, we recognize this and it is our intention to hold more such events in the upcoming years,” – states Petr Kozyakov, CEO of Mercuryo. About Mercuryo Mercuryo is a global payments infrastructure platform, providing businesses from both the fiat and crypto worlds with a wide range of financial services accessible through API integration. Since its inception in 2018, Mercuryo has secured over 200 partners, working with leading industry players to accelerate growth and boost enterprise revenues worldwide.

Solana (SOL) LSD protocols have witnessed a surge of 91% in TVL. Marinade Finance holds a dominant 64% share of the TVL with $120 million locked. Solana (SOL), blockchain the so-called Ethereum killer making significant strides in the cryptocurrency market. Recent data from DeFiLlama reveals that Solana’s Liquid Staking Derivatives (LSDs) protocol has experienced an impressive surge in Total Value Locked (TVL) this year, signifying its growing prominence among top cryptocurrencies. Solana (SOL) TVL Surges Since the beginning of the year, the TVL on Solana’s LSD protocols has skyrocketed by more than 91%, jumping from $98 million to $187 million. This surge indicates the increasing confidence and adoption of Solana’s blockchain ecosystem. Currently, the combined total value locked in the Solana network is approximately $285 million, with these protocols representing around 70% of that total. Further, the leading pack among the LSD protocols on Solana is Marinade Finance, which currently holds an impressive 64% share of the TVL. Marinade Finance’s position as the dominant player in the Solana ecosystem with $120 million in total value locked. Solana Ecosystem’s Liquid staking TVL Rankings (Source: DeFiLlama) Other notable protocols that contribute significantly to the TVL include Lido Finance, Jito, JPool, and Socean, collectively enhancing the diversity and growth potential of Solana’s ecosystem. In addition to the flourishing TVL, Solana’s native cryptocurrency, SOL, has also experienced a notable price rally. At the time of writing, Solana (SOL) traded at $19.12 with a 24 hours trading volume of over $374 million. Also, Solana price climbed around 18% in a week and 15% in the last 14 days. Solana (SOL) Price Chart (Source: CoinMarketCap) As Solana continues to expand its ecosystem and capture the attention of the cryptocurrency community. Its remarkable performance in terms of TVL and price appreciation signifies the network’s growing influence and potential for further advancements. Recommended for you Solana (SOL) Price Prediction 2023

Bitcoin Shrimps’ 33k BTC accumulation signals impending bull run. Miners sell as retail investors stack, hinting at a market shift. In the face of recent market volatility and downward pressure on Bitcoin’s price, a remarkable trend has emerged among retail investors, affectionately dubbed the ‘shrimps.’ The Shrimps who possess less than 1 BTC each, have been steadfastly accumulating the king coin at an impressive rate of 33,800 BTC per month. The analysis was conducted by Glassnode, a prominent blockchain analytics firm. It shed light on the increasing conviction displayed by these retail investors. Interestingly, for every new coin minted, the shrimps are effectively removing 1.25 BTC from circulation. It highlights their determination to acquire and hold onto Bitcoin. Moreover, the crabs, are a category of investors holding between 1 and 10 BTC. They have also been actively accumulating Bitcoin, stacking approximately 22,400 BTC per month. Combined, the shrimps and crabs account for an astonishing 83% of the newly mined supply. Bitcoin Owns the Crown Forever? While retail investors exhibit steadfastness, other market participants are contributing to the selling pressure. Notably, miners, who historically played a crucial role in supporting the market during bull runs. It has been increasingly offloading its coins on exchanges. Glassnode’s analysis reveals that miners are currently sending around $105 million worth of BTC to exchanges. It marked the second-largest USD-denominated transfer on record. Notably, CZ Binance, the CEO of Binance, the largest cryptocurrency exchange, acknowledged the principle of supply and demand in a retweet of the analysis. The continued accumulation by investors against the backdrop of increased selling from miners underscores the delicate balance between supply and demand. Summing up, while miners fuel selling pressure by offloading their coins, the shrimps and crabs of the Bitcoin world continue their resolute accumulation. These retail investors’ conviction reflects a belief in Bitcoin’s potential, providing a testament to the enduring strength which can pull an anticipated bull run.

A recent development has caught the attention of on-chain analysts and Bitcoin enthusiasts alike. On-chain expert Axel Adler Jr, citing data from CryptoQuant, has revealed that wallets belonging to the ‘Humpback’ cohort, have reached a new all-time high (ATH). This surge has raised speculation about the involvement of institutional giants such as BlackRock or Fidelity. Remarkably, not only humpback but also shrimps are currently displaying a historical high conviction. The Phenomenon Of Bitcoin Humpback Wallets The term ‘Humpback’ refers to a specific cohort of wallets within the cryptocurrency ecosystem that hold an impressive amount of Bitcoin, surpassing the 5,000 BTC mark. The recent surge in these wallets reaching an ATH indicates a significant level of accumulation and activity within the crypto market. According to Axel Adler Jr, “The number of wallets in the ‘Humpback’ cohort with a balance of over 5,000 BTC has shown a new ATH. Is this BlackRock, Fidelity, or other giants?” The mystery surrounding the identity of these major players has piqued curiosity and speculation about their motivations and impact on the market. From the on-chain data alone, it is not possible to determine which entity commenced the accumulation of BTC. However, the temporal connection with the ETF applications is striking. Regardless of the actual entity, a whale accumulation can be interpreted as a positive sign for the price. In this vein, expert Will Clemente recently stated: It is worth noting that Bitcoin’s whale & shark addresses (different cohorts combined, wallets with 10 to 10,000 BTC) have continued to accumulate, with a big chunk of BTC buying coming in the last 2 weeks of June as news of ETF launches came out. On-chain-data provider Santiment tweeted on July 1 that the aforementioned cohorts have accumulated 154,500 BTC in the last week of June alone. ‘Shrimps’ Show Crazy Conviction While the activity by Humpback wallets is astonishing another intriguing cohort known as the ‘Shrimps’ has also come into focus. Lead analyst of Glassnode, Checkmate highlighted today the enthusiasm displayed by the Shrimp cohort in stacking sats (satoshi, the smallest unit of Bitcoin) at an astonishing rate. He states, “Bitcoin Shrimp (< 1 $BTC) are stacking sats at a rate of 33.8k $BTC per month. Issuance is ~27.0k $BTC/month. For every 1 new coin, Shrimp are taking 1.25 off the market. Crazy conviction on display.” The Shrimp cohort, consisting of smaller Bitcoin holders, showcases an incredible conviction and sustained buying behavior despite market fluctuations. As Checkmate points out, “The last time the little guy stacked this hard was 2017 ATH, buying the top. Five years later, they are stacking harder, faster, and in a more sustained manner, despite all the bullshit. Bullish.” The simultaneous rise of both the Humpback and Shrimp cohorts signifies a captivating dichotomy within the ecosystem. On one hand, the Humpback wallets, with their massive holdings, hint at the potential involvement of institutional giants like BlackRock or Fidelity. Their accumulation of Bitcoin could serve as a catalyst for increased adoption and market confidence. On the other hand, the resilience and conviction displayed by the Shrimp cohort highlight the broader appeal and democratization of BTC. Despite previous market downturns, the Shrimp class remains undeterred, stacking sats at an unprecedented pace and demonstrating unwavering belief in the long-term potential of Bitcoin. At press time, the BTC price continued to hover below the $31,000 mark, trading at $30,728.

VANCOUVER, British Columbia–(BUSINESS WIRE)–$NFT #NFT—NFT Technologies Inc. (NEO: NFT | Frankfurt: 8LO | OTCQB: NFTFF) (“NFT Tech”), a pioneer in the technology driven solutions for the world’s most cherished intellectual property, is pleased to announce its collaboration with the United States Golf Association (the “USGA”) and Pebble Beach Company to introduce an innovative and immersive fan engagement experience for the 2023 U.S. Women’s Open at Pebble Beach Golf Links. This collaboration, representing the crossroads of sports and technology, brings forth the 2023 U.S. Women’s Open ArtBall – a gamified program that transcends traditional boundaries, keeping fans connected to the championship in ways never experienced before. The ArtBall, a unique NFT concept, returns in a more immersive format this year. Fans will have the opportunity to claim an ArtBall uniquely linked to a designated area on and around the iconic 17th green at Pebble Beach. The gamified elements, revolving around these plots, will offer holders dynamic, shot-by-shot generated art, reflecting the ebb and flow of the championship. The 2023 U.S. Women’s Open ArtBall harmonizes the rich legacy of the ArtBall with the illustrious history of the U.S. Women’s Open and Pebble Beach. It leverages data, gamification, and fantasy to not only spotlight player skills and the course’s beauty but also to create a new, exciting engagement channel for golf fans. With acclaimed artist Amy Goodchild on board, each ArtBall will evolve into unique golf ball artwork as NFTs, authenticated and secured on the blockchain. This marriage of sports data and generative art allows fans to ‘Own the Ball’ in an unprecedented fashion. ‘Own the Shot’ adds another layer to the fan experience. The art will visualize official championship data, presenting a novel way to engage with the most memorable shots of the 2023 U.S. Women’s Open. Additionally, fans will have the opportunity to ‘Own the Moment.’ Each ArtBall, corresponding to a specific area of the legendary 17th Hole at Pebble Beach, will dynamically update in real-time in response to pivotal moments from the championship as they unfold. This collaboration aims to transform the way fans experience golf, converting passive spectators into active participants. At NFT Tech, we are thrilled to bring this innovative concept to life and look forward to seeing how fans engage with the championship in a whole new way. This 2023 U.S. Women’s Open ArtBall is accessible to all via a virtual experience for mobile and desktop, where fans can explore the 17th Hole at Pebble Beach, stroke data replays and all the gamified competitions in real time. Want to play along? The U.S. Women’s Open ArtBall will be limited to 3,010 unique golf balls/ plot locations as a free offering (excluding Ethereum/ transaction costs). For all information, visit usga.artball.io. About NFT Tech NFT Tech builds products that accelerate web3 adoption by infusing utility into digital assets. The company’s technology is designed to increase consumer engagement, enable digital asset ownership, and discover new business models, making NFT Tech a trusted partner to global brands across many industries, including sports, entertainment, and art. NFT Tech’s award-winning studio is the recipient of the first-ever Cannes Lion for an NFT Activation, of the most respected and well-known awards in the industry. NFT Tech is publicly listed on the NEO exchange under the symbol NFT and on OCTQB under the symbol NFTFF. By bridging the gap between traditional capital markets and the web3 space, NFT Tech is mainstreaming the new era of the internet while bringing insights and benefits to the public markets. About the USGA The USGA is a nonprofit organization that celebrates, serves and advances the game of golf. Founded in 1894, we conduct many of golf’s premier professional and amateur championships, including the U.S. Open and U.S. Women’s Open. With The R&A, we govern the sport via a global set of playing, equipment, handicapping and amateur status rules. The USGA campus in Liberty Corner, New Jersey, is home to the Association’s Research and Test Center, where science and innovation are fueling a healthy and sustainable game for the future. The campus is also home to the USGA Golf Museum, where we honor the game by curating the world’s most comprehensive archive of golf artifacts. To learn more, visit usga.org. About Pebble Beach Company Pebble Beach Company, headquartered in Pebble Beach, Calif., owns and operates the world-famous Pebble Beach Resorts®, including The Lodge at Pebble Beach, The Inn at Spanish Bay, and Casa Palmero®. The company also operates five renowned golf courses: Pebble Beach Golf Links®, Spyglass Hill® Golf Course, The Links at Spanish Bay, Del Monte Golf Course, and The Hay. Its other famed properties include scenic 17-Mile Drive®, The Spa at Pebble Beach, Pebble Beach Golf Academy, and Pebble Beach® Equestrian Center. It annually hosts premier events such as the Pebble Beach Concours d’Elegance®, AT&T Pebble Beach Pro-Am, TaylorMade Pebble Beach Invitational, and the PURE Insurance Championship Impacting The First Tee. Future site of the 2023, 2035, 2040 and 2048 U.S. Women’s Opens and 2027, 2032, 2038, and 2044 U.S. Open Championships, Pebble Beach Golf Links® has hosted six U.S. Opens, five U.S. Amateurs, one PGA Championship, and numerous other tournaments. For reservations or more information, please call 800-654-9300 or visit pebblebeach.com. Follow us on social media: twitter.com/nfttech medium.com/@nfttechnologies Cautionary Note on Forward-Looking Information This press release contains certain forward-looking statements within the meaning of applicable securities laws with respect to the Company. These forward-looking statements generally are identified by words such as “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” and similar expressions. Forward-looking statements in this press release include statements relating to the launch, implementation, and expected fan engagement of the 2023 U.S. Women’s Open ArtBall project; potential for the gamification and digitization of fan experiences in sporting events; the perceived benefits and acceptance of integrating NFT technology with traditional sports experiences; potential benefits, development and acceptance of web3 and related applications; plans for accelerating growth; and the continued public acceptance of NFTs. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release including, without limitation, the risk factors described in the Prospectus, the risk of lower than anticipated fan engagement with the 2023 U.S. Women’s Open ArtBall, potential technical difficulties in implementing the digital platform, changes in the regulatory environment pertaining to NFTs and blockchain technologies, market volatility of NFTs, and any adverse events or disruptions related to the 2023 U.S. Women’s Open. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward-looking statements included in this news release are expressly qualified by this cautionary statement. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable laws. No securities regulatory authority has either approved or disapproved of the contents of this news release. The Neo Exchange has not reviewed or approved this press release for the adequacy or accuracy of its contents. Contacts Email: [email protected] Phone: +1 (604) 800-5838

Despite the higher burn rate, SHIB price remains unaffected. Over the past day, SHIB has experienced a decline of 2.36%. Shiba Inu, a meme-inspired cryptocurrency, has managed to retain its widespread appeal in the crypto market. It started as a joke, but its popularity surged unexpectedly and rapidly. The burn activity of Shiba Inu (SHIB) holds a crucial role in the token’s utility, underscoring its deflationary attributes and exerting a considerable impact on investor sentiment. Shibburn, the Shiba Inu burn tracking website, reports that the total number of burned tokens has reached over 71 million, reflecting a 1.19% increase in burn rate compared to the previous day. Albeit, Two days prior, the burn rate of SHIB underwent a significant surge, achieving an impressive 150% growth rate. The significant uptick in Shiba Inu’s burn has not translated into a proportional price upswing for the digital asset. SHIB lags, recording losses even as Bitcoin and Ethereum witness a resurgence. SHIB price chart (source: TradingView) Shiba Inu is currently trading at $0.000007548, with a 24-hour trading volume of $115,846,232. Over the past day, SHIB has experienced a decline of 2.36%. Analyzing the trading movements in the crypto market, SHIB’s RSI is currently at 38.00, suggesting that Shiba Inu is in a neutral state without being overbought or oversold. Comparing its present price to its all-time high, SHIB has demonstrated one of the poorest performances among cryptocurrencies, witnessing a decline of approximately 91% since its peak in 2021, resulting in widespread losses for investors. Highlighted Crypto News Today Shiba Inu (SHIB) Price Prediction 2023

Comparative data show that only Cardano has a favorable growth trend. As per Hoskinson, Cardano DeFi’s TVL growth rate is the greatest of any ecosystem. Despite what may seem to be excessive price swings, Cardano’s (ADA) DeFi TVL has been trending upwards. According to DeFi aggregator DeFiLlama, the total number of ADA tokens locked on all of the DApps it monitors has hit a new all-time high of 557.62 million ADA. This figure has increased continuously from its 198.65 million ADA value on January 1. Investors have a lot of confidence in the Cardano DeFi market, as this statistic shows. Although several blockchain protocols provide the impression of a flourishing DeFi world, comparative data show that only Cardano has a favorable growth trend. Multiple Factors Contribute Over the last year, Cardano’s developers have steadily worked to introduce a number of excellent new features and tools. Important factors that contribute to the buzz surrounding the technology include Lace, the first Light wallet for the network, and improvements to its staking offerings. Decentralized identification and the pursuit of scalability have helped Cardano gain traction in the commercial sector. Cardano is remarkable as a smart contract platform because of the attention it has received despite its price volatility. Cardano’s developer asserts that the ADA ecosystem is growing, despite the fact that the market is unstable. Charles Hoskinson, the founder of Cardano, provided evidence supporting the rise of cryptocurrency. While the crypto market may be chaotic, he said, astute investors should be on the lookout for signs of stability. Despite the industry experiencing its most hostile climate to yet, evidence shows that Cardano is gaining momentum and developing as an ecosystem. As per Hoskinson, data shows that Cardano DeFi’s TVL growth rate is the greatest of any ecosystem. Highlighted Crypto News Today: Cardano Founder Charles Hoskinson Takes Twitter Timeout in Light of ‘Rate Limit

APT, the native token of the Aptos Network, is currently making market waves as it prepares for its upcoming token release in July. According to data by CoinMarketCap, APT has gained by 10.14% in the last 24 hours, emerging as part of the top gainers in today’s market. Aptos Anticipates New Token Release According to data from the token tracker site Token Unlocks, 4.54 million APT tokens, valued at $36.94 million, are scheduled to be released on July 12. This upcoming token release will account for 2.17% of the total circulating supply. For investors familiar with the APT market, this is quite normal, as the Aptos Network is programmed to unlock new tokens on the 12th of each month. These tokens are released to the Aptos Foundation as well as its user community to support ecosystem projects, provide grants, and push other community growth initiatives. Related Reading: Coinbase Stock Soars Nearly 12% As BlackRock Reveals Surveillance Partnership However, while APT is currently gaining, the effects of token release on the market are unpredictable, as seen in previous times. In January, APT witnessed a jump of over 50% following the scheduled unlock but fell by 13% in February after the same event occurred. Following the launch of the Aptos Mainnet in October 2022, the total supply of APT tokens stood at 1 billion. Of this amount, data from Token Unlocks shows that 166.35 million APT tokens have been unlocked so far, representing only 17% of the total supply. APT Price Analysis On Saturday, October 19, 2022, the Aptos (APT) token made an impressive debut in the crypto market, reaching a market price of $100. However, this was followed by a sharp downturn as the price plunged to the $3.5 level. Over the next three months, APT gradually recovered and climbed to the $20.00 price zone, where it was resisted. Since then, the token has experienced an overall bearish trend losing over 58% of its value to date. Looking at the APT hourly chart, the token’s current price movement suggests it has encountered a resistance zone at the price level of $8.33. If APT is able to break through this barrier, it will continue its bullish momentum and possibly trade as high as $8.82, which appears to be the next resistance zone. Related Reading: USDC Circulating Supply Down 38% Since Jan. 1 – Will It Affect Price? However, failure to push past the $8.33 price mark may induce a bearish trend with the possibility of the token falling to a market price of $7.14, which represents the next support level. At the time of writing, APT is currently trading at $8.1556, with a 0.17% decrease in the last hour. The token’s daily trading volume is also up by $276 million, with a 137% gain. Aptos stands as the 33rd biggest cryptocurrency with a market cap of $2 billion.

Lido (LDO), a prominent player in the decentralized finance (DeFi) space, has emerged as a frontrunner in the rapidly expanding Liquidity Staking Derivatives (LSD) sector. Amidst the turbulence caused by the highly controversial lawsuit filed by the US Securities and Exchange Commission (SEC) in June, the decentralized finance (DeFi) sector has found itself in a state of uncertainty and caution. This legal battle has prompted many projects to reevaluate their strategies and has made investors more cautious in their approach. However, even in this challenging climate, the LSD space has managed to experience substantial growth and defy the odds. LSD Sector’s Dominance And Lido’s Remarkable Performance As per data from Messari, the LSD sector has demonstrated significant dominance in the cryptocurrency markets. One of the leading contributors to the sector’s expansion has been Lido, which has showcased impressive performance over recent months. CoinGecko reports that currently, the price of Lido’s native token, LDO, stands at $2.16. While there has been a slight decline of 1.7% in the past 24 hours, the token has experienced a solid 15.7% increase in value during the last seven days. The surge in LDO’s price has also resulted in a noticeable increase in the MVRV ratio of the token. This signifies that a considerable number of addresses holding LDO have become profitable in the past few days, indicating a positive sentiment among investors and further fueling the success of Lido in the competitive DeFi landscape. Growth Amidst Concerns: Lido Declining APR Despite the notable growth and success witnessed by Lido, there has been a recent decline in the Annual Percentage Return (APR) offered by the platform. According to a recent LDO price report, his decline in APR over the past few days raises concerns about the attractiveness of using Lido for staking, potentially leading users to seek alternative options. The declining APR indicates that the rewards and returns generated from staking LDO tokens on the Lido platform have decreased. This development could discourage some users who prioritize maximizing their staking yields from continuing to use Lido. As staking rewards play a crucial role in incentivizing users to participate in networks and secure their protocols, a sustained decline in APR might prompt individuals to explore alternative platforms that offer more competitive and potentially higher returns. To maintain its position as a leading player in the LSD sector, Lido would need to address the declining APR and explore avenues to enhance the rewards offered to stakers, ensuring they remain competitive and appealing to their user base. Featured image from The Market Periodical

FCA in the UK will implement a new financial promotional system for cryptos starting on October 8th. The FCA aims to enhance consumer protection by implementing stricter regulations and standards for crypto advertising. On Sunday, October 8th, the Financial Conduct Authority’s (FCA) new financial promotional system will go into force. The FCA has reportedly sent letters to both domestic and international companies marketing cryptocurrencies to consumers in the United Kingdom. Warning them that they must adhere to the forthcoming crypto ad compliance rules or risk facing criminal penalties and a maximum sentence of two years in jail. Critical Change for the Industry According to a LinkedIn post by FCA Crypto Financial Promotions Lead Jayson Probin, anyone found to be in violation will face consequences. He emphasized the importance of this development, writing, “This is a critical change for the industry.” These alerts to crypto leaders is not the first of its kind. The FCA issued a statement earlier this year urging social media firms to take more measures “to protect consumers.” While individuals have the ultimate say in whether or not they choose to purchase cryptocurrency, FCA Executive Director Sheldon Mills has noted that studies have shown that individuals often make a hurried choice that ends up costing them. Investors will have plenty of time and accurate data thanks to the new standards for crypto advertising, Mills said. The Financial Conduct Authority (FCA) has established four “legal routes” for crypto businesses to follow in order to promote crypto assets in the UK while remaining compliant. These choices include online advertisements, social network postings, mobile app promotions, and website promotions. Because of worries about consumer safety and the significant risks linked with cryptocurrencies, the FCA is tightening down on crypto marketing and incentives.

ASIC has decided to investigate the derivatives business of Binance Australia. Binance Australia decided in April 2023 to shut down its derivatives business. Australian financial authorities are investigating cryptocurrency exchange Binance, and they recently conducted a search of the company’s premises. This is related to the investigation into derivatives, a business that Binance stopped doing in Australia earlier this year. Bloomberg claims that on Tuesday, July 4, agents from the Australian Securities and Investments Commission (ASIC) raided Binance Australia offices. ASIC has decided to investigate the derivatives business of Binance Australia as part of its investigation. The distinction between Binance’s retail and wholesale customers will also be examined. Binance Australia decided in April 2023 to shut down its derivatives business in response to the regulatory action. In April, the Australian Securities and Investments Commission (ASIC) revoked Binance Australia’s derivatives license. It has, however, kept its crypto spot trading platform up and running. However, as of the end of June, Binance Australia no longer allows deposits or withdrawals in Australian Dollars. The cryptocurrency exchange has already stated that they misclassified certain Australian customers as wholesale investors and therefore closed their derivatives holdings. Global Regulatory Crackdown Binance, a cryptocurrency exchange, has been receiving significant regulatory criticism from governments throughout the world. As a result, it has lost the backing of certain payment processors that fear regulatory backlash. Binance was recently probed by French police looking into possible criminal activity involving digital assets and money laundering. Binance asserts that it abides by all applicable regulations in France and elsewhere it does business. US Securities and Exchange Commission (SEC) charged Binance and its CEO Changpeng Zhao (CZ) with mishandling client cash, deceiving investors and regulators, and breaking securities laws in June. Highlighted Crypto News Today: UK FCA Reveals Deadline for Crypto Promotion Compliance