Many crypto enthusiasts believe that Optimism’s (OP) renamed blockchain and its integration with COIN’s L2 Base could attract new investors and developers in the following term. However, top experts are suggesting VC Spectra (SPCT) as a more viable investment that brings an unrivaled level of real-world utility. Let’s explore why this hidden gem has made such amazing progress while still in the public presale phase. >>BUY SPECTRA TOKENS NOW<< Optimism (OP) Blockchain Rebranded as ‘OP Mainnet’ The Optimism Foundation announced the official rebranding of Optimism’s (OP) blockchain into ‘OP Mainnet’ via a June 23 tweet. This decision is based on Optimism’s (OP) need to distinguish the OP Mainnet blockchain from Optimism’s (OP) core concepts and values. Another reason is Optimism’s (OP) intention to create a so-called ‘superchain’ network that will enable a seamless connection with other Layer-2 blockchains such as Coinbase’s (COIN) Ethereum (ETH) L2 Base. Experts believe that the latest developments in Optimism’s (OP) camp will soon enable the network to surpass Arbitrum’s (ARB) blockchain in terms of daily active addresses and TVL. Thus, Optimism’s (OP) rebranded blockchain is predicted to continue its growth and retain its advantage in the developer community. On the other hand, critics point out that Optimism’s (OP) network is more expensive than Arbritrum’s (ARB). VC Spectra (SPCT) Threatens to Smash Competitors While Optimism (OP) supporters believe that the platform’s latest announcements hold great promise for the future, VC Spectra (SPCT) has displayed an enormous growth potential that could soon secure VC Spectra’s (SPCT) position at the top of the crypto world. This rising platform has earned significant praise from crypto analysts because of its revolutionary features and fantastic real-life utility. VC Spectra (SPCT) is a community-based decentralized hedge fund that gives its users a chance to profit from the best investment opportunities in the crypto market. VC Spectra (SPCT) users can explore a large variety of tokens and niche markets and receive countless gains in the form of quarterly dividends and buybacks. VC Spectra (SPCT) utilizes the latest advancements in AI technology and implements rigorous risk analysis to choose the best opportunities in current blockchain projects in technology startups. Thus, VC Spectra (SPCT) users can trade safely and anonymouslyand receive optimal returns while minimizing the risks. The platform’s groundbreaking features can transform even inexperienced traders into crypto experts by empowering them to identify recurring market trends. Furthermore, VC Spectra’s (SPCT) visualization tools provide seamless tracking of each portfolio’s performance and enable holders to retain complete control over their assets. The VC Spectra (SPCT) token incorporates a deflationary burn mechanism that will reduce token circulation over time. It provides VC Spectra (SPCT) holders with unique accessto pre-ICO discounts and voting rights for future investments. Experts agree that VC Spectra’s (SPCT) democratic governance is highly beneficial for each person in the community, as everyone can impact the platform’s direction and future policies. On top of that, VC Spectra (SPCT) investors can profit from the platform’s core funds and achieve great success by continually making informed investment decisions. At its current low price of $0.008, the VC Spectra (SPCT) token is set to bring early adopters 10x gains after it reaches the targeted $0.008 during the presale. The profits are bound to get infinitely bigger after the token’s official launch, so don’t hesitate to support VC Spectra (SPCT) today! >>BUY SPECTRA TOKENS NOW<< Learn more about the VC Spectra presale here: Presale: https://invest.vcspectra.io/login Website: https://vcspectra.io/ Twitter: https://twitter.com/spectravcfund Telegram: https://t.me/VCSpectra 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.

Avalanche (AVAX) is currently trading at $12.33. Over the past 24 hours, AVAX has witnessed a decrease of 5.36%. Avalanche (AVAX), the Layer 1 blockchain protocol, is gaining momentum., as daily active users of AVAX have seen a significant surge, doubling compared to the average recorded in the past year. As per the information provided on Avalanche’s official site, the number of AVAX holders currently stands at 113,981. AVAX Daily Active Address (Source: Avalanche official site) The active addresses for AVAX reached their highest point on June 14th, totaling 141,680 on that particular day. According to the latest data from CoinMarketCap, AVAX is currently trading at $12.33, with a 24-hour trading volume of $163,261,847. Over the past 24 hours, AVAX has witnessed a decrease of 5.36%. According to reports, the declining prices of Avalanche (AVAX) have led market experts to forecast a substantial price explosion for the token. They believe it is currently trading below its true value. Also, From its inception as a high-speed and scalable blockchain venture enabling unrestricted innovation, Avalanche (AVAX) rapidly climbed the ranks to become a prominent cryptocurrency. Nevertheless, the year 2023 witnessed a significant downturn for AVAX due to various macroeconomic influences, leading to substantial declines in its price. Recent developments on the Avalanche network include the introduction of AvaGPT. An AI-powered chatbot, showcasing the platform’s dedication to cutting-edge technologies. Furthermore, the Avalanche team unveiled HyperSDK and Avalanche Warp Messaging (AWM) as part of their ongoing efforts to enhance the network’s capabilities. Highlighted Crypto News Today Avalanche (AVAX) Price Prediction 2023

Canadian lawmakers support the adoption and integration of blockchain technology. Canada expresses its potential to become a leader in the crypto economy. Coinbase, the leading crypto exchange, has shared that Canadian lawmakers have recently released a comprehensive report that unequivocally supports the adoption and integration of blockchain technology. This significant move by the Canadian government marks a pivotal moment in the global blockchain landscape. Moreover, it creates expectations and anticipation throughout the industry. On June 29, Coinbase shared the report of the Canadian House of Commons Parliamentary Standing Committee on Industry and Technology (INDU). It released an extensive report earlier this month that explores the complexities of blockchain technology and cryptocurrency use cases in Canada. The crypto exchange Coinbase expressed that it was pleased to see that the Canadian committee recognizes the benefits, utility, and value of blockchain technology. The report mentioned that blockchain is an emerging technology with significant economic benefits. Moreover, it emphasizes consumer protection and regulatory clarity. Coinbase is Expanding its Team in Canada The updated financial system increases economic freedom and creates opportunities around the world. Significant achievements in Canada are an important go-deep market for Coinbase worldwide as part of our continued international expansion strategy. Moreover, it brings an innovative approach to the regulatory approach of stablecoins. Canada expresses its potential to become a leader in the crypto economy. In March, Coinbase signed a potentially improved pre-registration undertaking. And also, the exchange mentioned that it continues to have a productive conversation with policymakers, regulators, and customers. Moreover, the exchange is expanding its team in Canada and looking for ways to localize the Coinbase experience for customers there. According to one of the committee’s key recommendations, the federal government recognizes blockchain as a developing sector with massive long-term economic and job development opportunities. Adopting blockchain technology brings in investments and encourages innovation to fuel economic expansion and open up job possibilities for Canadian citizens. Coinbase Supports Canada’s Decision The committee’s emphasis is on the importance of enhancing consumer protection and regulatory clarity regarding digital assets. Coinbase believes that blockchain and cryptocurrency technologies can improve economic freedom and opportunity around the world. The exchange supports Canada’s decision by developing the most trusted crypto products and services. The Canadian government, in collaboration with the provinces and interested individuals, will establish a clear policy direction and regulatory framework. Moreover, it should develop a national blockchain strategy. The committee suggests that Canada implement stablecoin regulations that are unique from those used for other cryptocurrencies. This specialized strategy will allow for efficient supervision while encouraging innovation. This strategy would serve as a road map for promoting innovation, assisting industrial expansion, and guaranteeing regulatory coherence nationwide. And also, emphasizing the federal government’s significant involvement in this developing sector. Canada could present itself as a promising location for blockchain-related enterprises and startups by expressing support for the sector.

Bitcoin outperforms traditional assets with 84% growth in H1 2023. Despite minor fluctuations, Bitcoin maintains a high price and market dominance. In the first half of 2023, Bitcoin (BTC) stormed the financial markets, boasting an impressive 84% growth rate. Significantly, this rise has outclassed most traditional financial assets. Consequently, the digital currency is no longer simply an alternative but a strong contender for the most profitable investment of 2023. Comparatively, traditional financial assets have not had the same luck. Besides being overshadowed by Bitcoin’s tremendous growth, these assets have offered moderate returns at best. On the same note, despite recording a commendable 15% growth, the S&P 500 failed to match the remarkable surge witnessed by Bitcoin. Conversely, the precious metals market encountered a mixed fate as gold made progress of 5% while silver notably declined by 5%. Bitcoin’s Recent Performance and Market Statistics However, CryptoRank’s data reflects a slight slump in Bitcoin’s value over the last 24 hours. The premier cryptocurrency witnessed a 1.66% decrease, valuing each BTC token at $30,185. Nevertheless, this brief contraction does not detract from Bitcoin’s extraordinary performance this year. As per the latest figures, Bitcoin boasts a staggering market capitalization of $585 billion. As a result, this underscores the digital asset’s dominance and the immense faith investors have placed in it. Additionally, the coin reported a significant 24-hour trade volume of over $5.2 billion, reaffirming its market’s vibrant and liquid nature. Similarly, Bitcoin’s value has modestly climbed by 0.61% over the past week, a promising sign. During this period, the cryptocurrency’s price experienced swings, bottoming at $29,725 and peaking at $31,323. These movements highlight Bitcoin’s resilience, maintaining relative stability amidst the usual cryptocurrency market volatility. Reflecting this positive dynamic, MicroStrategy, recognized as the leading corporate accumulator of Bitcoins, once again demonstrated its unwavering faith in this digital asset. In addition, CEO Michael Saylor, on Tuesday, unveiled that the enterprise had augmented its Bitcoin holdings with a whopping investment of $347 million. This latest bold move translates into an acquisition of 12,333 additional Bitcoins, reinforcing MicroStrategy’s pivotal role in the cryptocurrency domain. In conclusion, Bitcoin continues to uphold its reputation as a formidable contender in the global financial market. Despite minor fluctuations, the digital giant remains a profitable avenue for savvy investors. Further, with an ever-increasing acceptance and integration into mainstream finance, Bitcoin’s unprecedented rise in H1 2023 signals a paradigm shift in asset valuation and investment strategies. Given these remarkable figures, Bitcoin’s performance in H2 2023 is eagerly awaited by investors worldwide. After all, if history is any indication, it could continue to outperform traditional markets significantly, carving its unique trajectory in the financial landscape. Highlighted Crypto News Today: Algorand Sets New Speed Record: 10k Transactions Per Second on Blockchain

500 billion Shiba Inu tokens have been moved out of the wallets of investors. SHIB has failed to surpass the critical resistance level. Shiba Inu (SHIB), the popular dog-themed memecoin, has experienced significant outflows from exchanges that have occurred within the last week. There are around 500 billion SHIB tokens that have been moved out of the wallets of investors. This sudden movement of SHIB tokens reflects growing investor concern about the future of the most anticipated Shibarium project, sending shockwaves through the crypto market. According to the report, the memecoin has witnessed a half trillion SHIB token outflows as the Shibarium faces uncertainty. In the past few days, SHIB has clearly shown bullish intent, resulting in a significant increase in its trading price. However, the investor’s uncertainty about Shibarium brought it back to bearish momentum. One trillion SHIB have suddenly left the wallets of major investors since Monday, surpassing the rise of 745 billion tokens. As a result, the net flow of Shiba Inu whales’ wallets over the last week dropped to 377.35 billion SHIB, marking a significant half-a-trillion token drop from just the previous day’s index value. Concerns About Shibarium Launch Shytoshi Kusama came up with an update on Shibarium a few days ago, mentioning that “something physical is coming. Moreover, people from the Shiba Inu community have revealed some of Shytoshi’s updates related to Shibarium. Even though the creator of Shiba Inu, Shytoshi Kusama, hinted that some updates related to Shibarium were coming soon, that didn’t convince the SHIB investors. Shibarium, the recent development from the Shiba Inu, created massive anticipation around the SHIB community. The Shibarium layer-2 solution is now functioning in the test network. Moreover, the launch of the Shibarium has been postponed for some reasons. Still, there has been no clear timeline announced for the Shibarium launch. The continuous postponement has disappointed the investors. This creates uncertainty about the Shibarium project among the SHIB community. Major holders may have reduced their holdings of the token because of the uncertainty surrounding the release of Shibarium on the main network. Shiba Inu’s Trading Price Drop Another factor that may be a reason for the significant outflow is the trading price of the Shiba Inu memecoin. In the last week, the memecoin has failed to surpass the critical resistance level of $0.0000084 per SHIB. Despite the bullish intent, Shiba Inu has experienced a massive decline and is trading in an uncertain environment. This raises the question of whether Shiba Inu will overcome the challenges and regain bullish momentum. While these things are happening, the memecoin hits significant milestones. Puppynet, the Shibarium testnet, has set a new milestone by surpassing the 25 million mark within two days of the previous record. Moreover, the Hong Kong Virtual Asset Consortium (HKVAC) announced that it includes the SHIB in the virtual asset list index. The announcement has sparked excitement around the SHIB community. At the time of writing, the trading price of Shiba Inu is around $0.000007326, with a decline of over 3.82% in the last 24 hours. The trading volume has experienced an increase of 4.71%, according to CoinMarketCap. Highlighted Crypto News Today: MicroStrategy Piles Up Additional 12,333 Bitcoin Worth $347M

The step is being taken to better adhere to international Anti-Money Laundering standards. After July 15th, 2023, all new KuCoin users will be subject to KYC verification. KuCoin, one of the largest cryptocurrency exchanges, is implementing stricter identity verification procedures as part of its ongoing efforts to improve its KYC system. To better adhere to international Anti-Money Laundering standards, KuCoin stated on June 28 that it will be upgrading its Know Your Customer (KYC) system. After July 15th, 2023, all new KuCoin users will be subject to KYC verification as part of the upgraded authentication process. KuCoin has said that new customers who join without completing KYC will not have access to the company’s goods and services. Restricted Access for Existing Users Existing users who signed up for KuCoin before July 15, 2023, would also be required to complete the KYC procedure in order to utilize certain services of the platform. The notice specifies that such customers would be unable to make any further deposits, however, withdrawals will continue as normal. Existing KuCoin users will still have access to all of the platform’s features. Moreover, existing non-KYC users may also redeem through KuCoin Earn, the staking and lending center, and KuCoin’s ETF redemption. KuCoin also gathers information on the customer’s company and risk profile in order to comply with the rules and regulations of relevant countries. The risk profile information covers the kind and amount of trading activity, as well as the source of any deposited virtual currency. Since there is no universal KYC legislation, CEO Johnny Lyu emphasized that KuCoin established its KYC policy in accordance with rules in appropriate countries. Many people all around the globe who use cryptocurrencies will be affected by the new Know Your Customer upgrade. Highlighted Crypto News Today: Court Rejects FTX Founder SBF’s Plea To Dismiss Criminal Charges

SBI Group enters crypto trading and adds Shiba Inu (SHIB) to offerings. SHIB market faces bearish sentiment, but trading volume shows promise. SBI Group’s move strengthens SHIB’s position as a recognized digital asset. SBI Group, a prominent financial service giant in Japan, has taken a major step into cryptocurrency trading. Through its subsidiary, SBI VC Trade, the company has announced plans to offer trading services for Shiba Inu (SHIB), a digital currency inspired by Dogecoin. Starting June 28, customers can buy, accumulate, and lend SHIB and other supported digital assets like Dai (DAI) and Cosmos (ATOM). The decision to include SHIB on its trading platform indicates SBI Group’s recognition of digital assets’ growing prominence and potential. By expanding its offerings to cater to the changing demands of customers, SBI VC Trade aims to provide a seamless and efficient trading experience. A month ago, XDC network also achieved this significant milestone by partnering with SBI in Japan, marking a major development for the financial group. This collaboration strengthened their position and showcased their commitment to progress in the Japanese market. SBI Group Embraces Shiba Inu Trading It’s worth noting that BitPoint, another leading exchange in Japan, became the first major platform to list SHIB back in November 2022. In a recent tweet, BitPoint reaffirmed its support for Shiba Inu and highlighted the 18 crypto assets it handles, including SHIB. As for the current state of the SHIB market, the native token of Shiba Inu is experiencing a bearish sentiment. Over the past 24 hours, the SHIB price has decreased by 3.77%, reaching lows of $0.00000726 and highs of $0.00000762. However, there is a glimmer of hope as the trading volume of SHIB has seen a surge of 1.14%. SBI Group’s move to embrace SHIB trading demonstrates its commitment to meeting the increasing demand for cryptocurrencies. And also, catering to the evolving needs of its customers. With the addition of Shiba Inu on its platform, alongside other digital assets. SBI VC Trade aims to provide a comprehensive range of services to enhance customer satisfaction. SBI Group’s entry into SHIB trading marks a significant development in the cryptocurrency market. As the industry continues to evolve, financial institutions like SBI are taking notice and adapting their services accordingly. The inclusion of Shiba Inu on SBI VC Trade’s platform opens up new possibilities for investors. And further solidifies the position of SHIB as a globally recognized crypto asset. Highlighted Crypto News Today: Shiba Inu & XRP Featured in Hong Kong’s Virtual Asset Index

The mutually beneficial relationship might have an impact on both Tether and Georgia. Tether will launch a fund for local entrepreneurs to aid in the growth of blockchain. Tether, the firm behind USDT, the biggest stablecoin, and the officials of Georgia have signed a Memorandum of Understanding (MOU). Because of this collaboration, the country will be able to get closer to its goal of being a worldwide hub for blockchain technology, and the company’s reputation as “a pioneering infrastructure partner for cities and nations globally” will be strengthened. The mutually beneficial relationship might have an impact on both Tether and Georgia. The stablecoin issuer’s chief technology officer, Paolo Ardoino, called the development “a significant milestone” that might aid his company in its effort to broaden its product range. Eyeing Global Leader Position At the same time, the parties to the MOU will work to strengthen Georgia’s position as a global leader in the blockchain and cryptocurrency industries. Georgia’s good quality of life and business climate were lauded by both Tether and the Georgian government as factors that may help the country attract foreign investment. According to Deputy Minister of Economy and Sustainable Development Irakli Nadareishvili, Tether is considering making investments in the area. As a result, the firm will launch a fund for local entrepreneurs to aid in the growth of blockchain technology and establish Georgia as a frontrunner in the sector. The business has shaken hands with the officials of the Swiss city of Lugano in the past, in addition to its participation in Georgia. Moreover, the agreement was signed last year with the goal of expanding the city’s blockchain infrastructure and legitimizing Bitcoin (BTC) and USDT as means of payment. Highlighted Crypto News Today: MicroStrategy Piles Up Additional 12,333 Bitcoin Worth $347M

DUBLIN–(BUSINESS WIRE)–The “Blockchain Market by Type, Platform, Organization, End User, and Geography – Global Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering. The global blockchain market is projected to reach $403.36 billion by 2030, at a CAGR of 67.7% from 2023 to 2030. Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network. It stores data in blocks known as chains in the network connected through peer-to-peer nodes. Every transaction in this ledger is authorized by the digital signature of the owner, which authenticates the transaction and safeguards it from tampering. Further, it helps reduce compliance costs and speeds up data transfer processing. One of the most well-known applications of blockchain technology is Bitcoin, a decentralized digital currency that operates on a blockchain network. However, blockchain technology has many other potential uses beyond cryptocurrency, including supply chain management, voting systems, and digital identity verification. The growth of this market is attributed to the rising demand for secure and transparent payments in the BFSI sector, the increasing need to prevent data tampering in the healthcare sector, and the growing popularity of cryptocurrency. Furthermore, the increasing adoption of blockchain among SMEs and retailers is expected to create significant opportunities for this market. However, the high implementation costs hamper the growth of this market. In addition, regulatory uncertainty and lack of interoperability between blockchain ecosystems are major challenges to the growth of this market. Based on type, the global blockchain market is segmented into public, private, hybrid, and consortium. The private segment is projected to register the highest CAGR during the forecast period. Private blockchains enable enterprises to efficiently handle confidential information, trade secrets, business records, and intellectual property areas. The rising demand for robust network structures in enterprises drives the adoption of private blockchains due to their stability and scalability. These benefits contribute to the growth of this segment. Based on platform, the global blockchain market is segmented into Ethereum, Hyperledger, R3 Corda, Polygon, Solana, BSC, Terra, and other platforms. The Hyperledger segment is projected to register the highest CAGR during the forecast period. The growth of this segment is attributed to the benefits offered by this platform, including flexibility, scalability, and interoperability, making it well-suited for a wide range of use cases. Based on organization size, the global blockchain market is segmented into large enterprises and small & medium-sized enterprises. The small & medium-sized enterprises segment is projected to register the highest CAGR during the forecast period. The growth of this segment is driven by the increasing need to address specific business problems and enhance operational efficiency and the increasing demand for reliable blockchain solutions from SMEs. Based on application, the global blockchain market is segmented into digital currency, asset protection & transfer, identity protection, payments, data reconciliation & sharing, track & trace, certification, and other applications. The payments segment is projected to register the highest CAGR during the forecast period. The growth of this segment is driven by the growing demand for secure and reliable transactions, the increasing demand for secure and effective payment processing platforms, and the need to reduce the role of intermediaries. Based on sector, the global blockchain market is segmented into BFSI, government organizations, healthcare & life sciences, retail & e-commerce, energy & utility, professional services, media & entertainment, manufacturing, and other sectors. The healthcare & life sciences segment is projected to register the highest CAGR during the forecast period. The growth of this segment is driven by the rising need to secure the integrity of individuals’ information, reduce the duration of the pre-authorization process, and enable patients to receive the necessary and informed care more efficiently. Asia-Pacific is slated to register the highest CAGR during the forecast period. The growth of this regional market is attributed to growing customer demand for effective digital payment services, the presence of well-established presence fintech companies, and the growing popularity of cryptocurrency in the region. Key Questions Answered in the Report: Which are the high-growth market segments in terms of type, platform, organization size, application, sector, and geography? What is the historical market size for the blockchain market across the globe? What are the market forecasts and estimates for the period 2023-2030? What are the major drivers, restraints, opportunities, and challenges in the global blockchain market? Who are the major players in the market, and what are their market shares? How is the competitive landscape for the global blockchain market? What are the recent developments in the global blockchain market? What are the different strategies adopted by the major players in the market? What are the key geographic trends, and which are the high-growth countries? Who are the local emerging players in the global blockchain market, and how do they compete with other players? Market Insights Blockchain Market Drivers: Impact Analysis (2023-2030) Rising Demand for Secure and Transparent Payments in BFSI Sector Surge in Need to Prevent Data Tampering in Healthcare Sector Growing Popularity of Cryptocurrency Blockchain Market Restraints: Impact Analysis (2023-2030) High Implementation Cost Blockchain Market Opportunities: Impact Analysis (2023-2030) Leveraging Blockchain Solutions among SMEs Increasing Adoption of Blockchain by Online Retailers Blockchain Market Challenges: Impact Analysis (2023-2030) Regulatory Uncertainty Lack of Interoperability between Blockchain Ecosystems Trends Technology Trends Market Trends Case Studies Value Chain Analysis Porter’s Five Forces Analysis Competitive Landscape International Business Machines Corporation (U.S.) Microsoft Corporation (U.S.) Oracle Corporation (U.S.) Amazon Web Services Inc. (U.S.) Infosys Limited (India) Accenture plc (Ireland) Wipro Limited (India) Blockchain.com (U.K.) Circle Internet Financial Limited (U.S.) Ripple (U.S.) Tata Consultancy Services Limited (India) Intel Corporation (U.S.) Chainalysis Inc. (U.S.) Coinbase (U.S.) BitGo (U.S.). Scope of the Report: Blockchain Market Assessment – by Type Public Private Hybrid Consortium Blockchain Market Assessment – by Platform Ethereum Hyperledger R3 Corda Polygon Solana BSC Terra Other Platforms Blockchain Market Assessment – by Organization Size Large Enterprises Small & Medium-sized Enterprises Blockchain Market Assessment – by Application Digital currency Asset Protection & Transfer Identity Protection Payments Data Reconciliation & Sharing Track and Trace Certification Other Applications Blockchain Market Assessment – by Sector BFSI Government Organizations Healthcare & Life Sciences Retail & E-commerce Energy & Utility Professional Services Media & Entertainment Manufacturing Other Sectors Blockchain Market Assessment – by Geography North America U.S. Canada Asia-Pacific China Japan India South Korea Australia & New Zealand Singapore Rest of Asia-Pacific Europe Germany U.K. France Italy Spain Sweden Rest of Europe Latin America Brazil Mexico Rest of Latin America Middle East & Africa UAE Israel Rest of Middle East & Africa For more information about this report visit https://www.researchandmarkets.com/r/ufzx6c About ResearchAndMarkets.com ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Contacts ResearchAndMarkets.com Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

Algorand’s upgrade enhances processing speed to 10,000 transactions per second. The update fosters rapid, secure crypto transactions, promoting mass adoption. New features introduced aim to streamline application development in Algorand. The tech world thrives on speed, and Algorand has just gone full throttle. With its latest feat, the blockchain giant is outpacing most sports cars and promising the world an experience that’s nothing short of a digital revolution. Sporting a 10% increase in processing speed, the mainnet now whittles down block times to approximately 3.3 seconds. Notably, this speedy upgrade comes without compromising the network’s celebrated instant transaction finality. Further, demonstrating its power and efficiency, Algorand now processes transactions faster than a sports car going from 0 to 60 mph. Consequently, with a whopping 10,000 transactions per second, Algorand has proven that it’s not here to play. But how is this significant, you ask? As per sources, this speed can potentially revolutionize how blockchain technology is approached. Moreover, it could pave the way for the mass adoption of cryptocurrencies by ensuring quick, secure transactions. Besides, with Algorand’s current velocity, businesses can execute transactions almost instantaneously, enhancing overall productivity. More Power to Developers On the other hand, besides enhancing transaction speeds, the Algorand upgrade brings a suite of new features aimed at streamlining application development. These improvements include group resource sharing, developer timestamp control, and new algod endpoints. Furthermore, Algorand continues to empower builders with innovative features. “Simulate,” a powerful simulator for smart contracts, and “Conduit,” a novel tool for flexible and lightweight data access, are the latest additions to the Algorand ecosystem. Hence, as Algorand bolsters transaction speeds and enriches the developer experience, the network reiterates its commitment to driving blockchain technology’s evolution. With its unwavering focus on tech innovation, it is all set to propel itself further up the blockchain speedway. Algorand Price Analysis Per Coinmarketcap, the Algorand token currently stands at $0.1197, down 6.20% in the past day. Its market cap has also slipped by 5.5% to $877M. Nonetheless, there’s a silver lining as its 24-hour trading volume has spiked by 14.52% to hit $43M. Highlighted Crypto News Today: MicroStrategy Piles Up Additional 12,333 Bitcoin Worth $347M

Hoskinson claims that the ADA ecosystem is expanding even if the market is volatile. Cardano is gaining traction and maturing as an ecosystem, as seen by the data. Cardano (ADA) is one of several leading cryptocurrencies whose value has recently plummeted due to the U.S. Securities and Exchange Commission’s (SEC) onslaught on Binance and Coinbase. Cardano’s creator, however, claims that the ADA ecosystem is expanding even if the market is volatile. Cardano’s creator Charles Hoskinson presented data that backed up the cryptocurrency’s ascent. He warned that while the crypto sector is chaotic, savvy investors should keep an eye out for indications. Cardano is gaining traction and maturing as an ecosystem, as seen by data, despite the sector facing its most challenging environment yet. Hoskinson made an analogy between ADA and Bitcoin, implying that the development is occurring in a decentralized fashion. After the SEC classified Cardano and other cryptocurrencies as securities, however, prominent cryptocurrency exchanges like Huobi introduced Cardano trading pairs on their platforms. The value of ADA has decreased by around 26% in the last 30 days. Highest TVL According to the data, Cardano DeFi has the highest total value locked (TVL) growth rate of any ecosystem. In January of 2023, Cardano’s statistics showed a TVL of $265 million. In June of 2023, it reached $657 million, an increase of around 148%. While the TVL of Ethereum (ETH) has dropped from $20.9 million in January 2023 to $15.6 million in March 2023, a decrease of 25%. Cardano (ADA), Solano (SOL), and Polygon (MATIC) all saw a modest sell-off on Tuesday when the popular trading app Robinhood removed them from its list of tradable assets. On June 9th, the platform declared that the three cryptocurrencies will no longer be supported after June 27th. Highlighted Crypto News Today: Algorand Sets New Speed Record: 10k Transactions Per Second on Blockchain

Sam Bankman-Fried (SBF) has been accused of running a multibillion-dollar Ponzi scheme. The motion to split out illegal political donations was also turned down. Judge Lewis Kaplan refused Sam Bankman-Fried’s petition to throw out or sever most of the allegations in his thirteen-count criminal indictment, dealing a huge blow. Sam Bankman-Fried is the founder of FTX and Alameda Research. Sam Bankman-Fried (SBF) has been accused of running a multibillion-dollar Ponzi scheme using his crypto businesses. Judge Kaplan has upheld all of the allegations against SBF. Including those that were added following his extradition from The Bahamas. Too Early to Dismiss SBF’s claims that the charges violated the “rule of specialty” were rejected by Judge Kaplan because the organization lacked standing to do so. Furthermore, The Bahamas did not protest the additional accusations, therefore they were not dropped. The motion to split out count 12, which dealt with illegal political donations, was also turned down. Judge Kaplan disagreed with SBF’s contentions that this accusation was unrelated to or not part of a similar conspiracy with the other counts and that it would unfairly prejudice the trial. As for SBF’s argument that the government failed to identify an offense in ten of the thirteen counts, Kaplan brushed it aside, saying that dismissal at this point would be “an ‘extraordinary remedy.’ SBF is accused of misappropriating billions of dollars in consumer deposits from his cryptocurrency exchange and utilizing them for his own benefit, speculative investments, and charity gifts. On the other hand, FTX is starting a new chapter after a difficult time in its development. The corporation is relaunching its main platform after a disastrous failure in 2021. John J. Ray III, who took the helm during the bankruptcy, has verified that the relaunch of the FTX exchange has begun. Highlighted Crypto News Today: FTX Announces Official Relaunch: Here’s What You Need to Know

New Google Marketplace offering enables teams to quickly spin up Trusted Digital Ecosystems to test and demonstrate verifiable credential use cases, understand the power of open-source decentralized identity technology, and accelerate business innovation. SEATTLE–(BUSINESS WIRE)–#GoogleCloud—Indicio, the market leader in delivering enterprise-class verifiable data solutions, today announced the availability of Indicio Proven Sandbox on Google Cloud. Indicio Proven Sandbox is a fast, simple way for teams to dive in and explore verifiable credential technology for seamless, trusted data sharing and verification using Indicio’s award-winning Proven ecosystem. Proven Sandbox comes with everything needed to devise, build, and test out use cases, to develop integration-free ecosystems for sharing and verifying data, and to understand the power of open-source and open-standard decentralized identity technology. Organizations are able to deploy Indicio Proven Sandbox directly from Google Cloud Marketplace and quickly start building from within their Google Cloud resources; adoption of Indicio Proven Sandbox will count toward any existing enterprise-committed spend agreements with Google. “To be competitive in today’s market, businesses need efficient, innovative ways to create and manage accurate, actionable data, develop seamless processes, and prepare for a much more flexible and frictionless digital future,” said Heather Dahl, CEO, Indicio. “That’s why we created a sandbox version of our Proven ecosystem. It’s a complete package for getting started with verifiable credentials, making it simple to develop, test, and demonstrate use cases. We wanted to give IT teams the opportunity to see how they can build verifiable credentials into existing technology investments and devise seamless processes and solutions instead of ripping and replacing — and do all this quickly from Google Cloud Marketplace.” Google Cloud customers using Proven Sandbox can also avail of significantly discounted access to Indicio’s team of field-leading experts for assistance across all stages of use-case development, from architecture design to demonstration support. Google customers also get discounted access to the Indicio Academy workshops and training modules, where they can acquire the technical knowledge they need to make the most out of open-source decentralized identity technology. Indicio Proven Sandbox joins Indicio NoDe, a quick-start solution for setting up and operating a node on any Hyperledger Indy network, on Google Cloud Marketplace, and it deepens Indicio’s commitment to bringing open-source, Web 3, decentralized solutions to the hybrid cloud, making it easier for customers and partners to purchase and consume open source decentralized identity and Trusted Digital Ecosystem solutions. Go to Indicio to learn more about Indicio Proven Sandbox for Google Cloud Marketplace, Indicio NoDe, or other Indicio products. About Indicio: Indicio is the market leader in developing enterprise-class verifiable data solutions that optimize your existing systems ensuring digital privacy, efficiency, and trust. Through its flagship product range, Indicio Proven, companies now have an easy way to integrate, implement, and scale decentralized identity and verifiable credential solutions, manage data privacy, and avail of enhanced, Zero-Trust enabling security. Specializing in applications for financial, healthcare, and travel markets, Indicio enables its global customers to create and use immediately actionable, verifiable data and implement Web 2.0 and Web3 digital transformation. Go to https://indicio.tech to learn more. Contacts Helen Garneau [email protected] 888-434-7344

The European Commission has unveiled its proposal for a digital euro, with the aim of making it widely accepted and easily accessible. Privacy protection and offline payment capabilities are key features of the proposed legislation. The proposal also introduces measures to encourage competition in the payments market The European Commission made an official announcement on June 28 regarding its proposal for a legislative plan for a digital euro. The aim of this proposal is to establish the digital euro as a widely accepted and easily accessible form of payment. The commission highlighted the importance of ensuring easy accessibility for individuals to obtain digital euros through their banks upon request, in order to prevent exclusion. As part of the proposal, there are provisions for offering free basic digital euro services, ensuring privacy protection, and enabling offline payments. In addition, the commission put forth a separate proposal suggesting that banks, insurers, and funds share customer data with fintech companies, receiving compensation in return. The goal of this proposal is to promote the advancement of digital finance by enabling participating companies to have real-time access to customer data upon request. European Commission envisions fostering payments market By introducing this proposal, the commission aims to foster competition in the payments market, which is currently dominated by banks, Visa, and Mastercard, by encouraging alternative services offered by fintech companies. The proposed legislation also prioritizes user privacy and data protection, while addressing concerns related to money laundering and terrorist financing. The European Central Bank (ECB) expressed its support for the commission’s proposal, particularly in ensuring the continued importance of cash in the payments system. The European Central Bank (ECB) expressed its support for safeguarding the legal tender status of cash euros, aligning with the proposal. ECB President Christine Lagarde expressed her enthusiasm for collaborating with other European Union institutions to ensure the digital euro meets the needs of the digital age. The investigation phase of the project is set to be completed by October 2023, after which the ECB will proceed with further development and testing of technical solutions and business arrangements. The evaluation of the Governing Council’s decision to issue a digital euro will take place after the adoption of the legislative act.

A Solidus Labs study, examining tokens listed on major crypto platforms, also shows how serial insider traders have systematically taken advantage of token listings and announcements NEW YORK–(BUSINESS WIRE)–#blockchain–In a new study, Solidus Labs, a category-definer for crypto and DeFi-native market surveillance and risk monitoring, has found that insider trading in crypto is far more prevalent than previously reported. Data from Solidus HALO’s DEX-based insider trading detection tool shows evidence that insiders have traded against more than half of all ERC-20 token listing announcements on major centralized exchanges since 2021.1 In total, Solidus has identified more than 100 entities – individual cryptocurrency wallets, or groups of connected wallets – that have executed over 400 suspected insider trades since January 2021. 51 “serial insiders” have used decentralized exchanges to buy and then sell soon-to-be-listed cryptocurrencies on two or more occasions, with certain serial insiders trading against more than 25 distinct listings apiece. Of the 234 ERC-20 token listings announced by the centralized exchanges examined in the report since January 2021, 131 have shown signs of insider activity, in some cases netting individuals over $200,000 in profits within minutes. The report – which is the first part of Solidus’ Crypto Market Manipulation Report Series – provides extensive data on the challenge of crypto insider trading, with case studies and walkthroughs of the methods used by crypto insiders. “Our study affirms that DEX-based insider trading is a major market integrity problem — but one with a clear solution,” says Chen Arad, CXO and co-founder of Solidus Labs. “The permanent, public, and traceable nature of blockchains means that we can detect and deter this phenomenon with unprecedented transparency. With this technology, we can help regulators and exchanges enable safe crypto trading.” DEX-Based Insider Trading Detection is the newest addition to Solidus HALO, the firm’s suite of crypto-native market integrity solutions currently in use by regulators, crypto and DeFi platforms and financial institutions worldwide. HALO monitors more than 1 trillion events per day across more than 150 markets, protecting over 25 million retail and institutional entities. About Solidus Labs Solidus Labs is the category-definer for crypto-native market integrity solutions – trade surveillance, transaction monitoring, and threat intelligence. Our mission is to enable safe crypto trading throughout the investment journey across all centralized and DeFi markets. As the founder of industry-leading initiatives like the Crypto Market Integrity Coalition and DACOM Summit, Solidus is deeply committed to ushering in the financial markets of tomorrow. Crypto exchanges, financial institutions and regulators globally rely on Solidus HALO – our real-time, comprehensive, testable, and future-proof platform. Safeguarding their business from known forms of market abuse and a plethora of emerging crypto-specific risks, we enable our clients to grow faster – and safer. To learn more, please visit https://soliduslabs.com. ____________________ 1 The analysis excluded listings of wrapped tokens and stablecoins. Contacts Trevor Davis Gregory FCA for Solidus Labs 443.248.0359 [email protected]

Rollux, an innovative EVM Layer-2 solution, has been launched by SYS Labs, a Web3 product suite powered by Syscoin. Rollux presents a unique method of scaling Ethereum that sets SYS Labs apart from its rivals. Rollux is meant to optimize the performance of Ethereum network applications by using the power of Bitcoin. Rollux is SYS Labs’ first offering in a series of cutting-edge solutions. It makes use of SuperDapp, an AI-enhanced Web3 social platform with vital chat features, a built-in non-custodial wallet for easy asset management, and optimized versions for both mobile and online platforms, as part of a holistic ecosystem. This end-to-end encryption-protected combination of blockchain and AI technology marks a significant advancement in the sector’s development. To speed up mainstream investments and self-custody, the ecosystem also includes Pegasys DeFi exchange and AMM, Luxy NFT Platform, Pali Wallet (web & mobile), DAOSYS, and Camada, a noncustodial, regulatory-compliant crypto trading platform. By strategically forming connections with other teams who are also releasing their products on Rollux, SYS Labs is advancing the development of a strong ecosystem that roughly resembles the Ethereum mainnet. Jagdeep Sidhu, CEO of SYS Labs, articulated the profound implications of Rollux, asserting, “Rollux is the embodiment of our shared vision and unwavering commitment. We’re delivering on our promise of speed, decentralization, security, affordability, and scalability — the core pillars of blockchain technology that we always believed were vital for fostering mass adoption.” With its unmatched speed, scalability, and cost, Rollux creates a new benchmark for the market as the best EVM-rollup solution. Through combined mining with Bitcoin, the only significant rollup to use this technique, it offers the best throughput at scale, the quickest speeds, and the most economical user experience with the lowest transaction fees, all while retaining high levels of decentralization and security. The launch of Rollux is a significant development for the blockchain sector as a whole. It resolves the persistent blockchain trilemma, fostering hope for the future and enabling widespread adoption while respecting the core ideas that gave blockchain its value in the beginning.

MicroStrategy CEO Michael Saylor made the latest disclosure on Tuesday. In total MicroStrategy holds around $4.52 billion worth of Bitcoins. On Tuesday, June 27, MicroStrategy, the biggest corporate holder of Bitcoins, announced the acquisition of Bitcoins (BTC) for an astounding $347 million. MicroStrategy CEO Michael Saylor made the latest disclosure on Tuesday, stating that the company has acquired 12,333 Bitcoin. On Twitter, Saylor sent the following message: Banking on Bitcoin MicroStrategy has been making consistent Bitcoin purchases since they first began doing so in August 2020. Despite the crypto winter of 2022, the firm is adamant about piling up more BTC. In light of the present inflationary circumstances in the global economy, Michael Saylor has been one of the most vocal proponents of Bitcoin. Saylor is also optimistic that the Lightning Network, Bitcoin’s Layer-2 scalability technology, will one day be able to handle more transactions per second than VISA. The Bitcoin price has been on the rise, increasing by more than 20% in little over a month, ever since BlackRock and other financial behemoths applied for the initial Bitcoin ETFs this month. With approximately $187 million flowing into Bitcoin investment products last week, on-chain data reveals that institutional interest in cryptocurrencies, and Bitcoin in particular, has soared. MicroStrategy’s recent update boosts the sector’s institutional inflows even more. In total MicroStrategy holds around $4.52 billion worth of Bitcoins, making it without any doubt the largest corporate holder of BTC. Highlighted Crypto News Today: European Commission Proposes Digital Euro to Foster Universal Acceptance

FTX’s relaunch marks a turning point after a difficult period. Discussions around compensation for affected customers provide a glimmer of hope. Recovering the lost billions in customer funds poses a significant challenge for FTX. FTX, the international cryptocurrency exchange, is embarking on a new phase after a tumultuous period in its history. Following a highly publicized collapse in 2021, the company is now focused on relaunching its flagship platform. John J. Ray III, who assumed leadership during the bankruptcy proceedings, confirmed that FTX has initiated the process of rebooting the exchange. The team is actively engaging with potential investors and exploring different structures, including joint ventures, to support this endeavor. As part of the revival plan, a complete rebranding of FTX is being considered. Addressing the concerns of customers affected by the crisis, discussions have taken place regarding possible compensation. It is being contemplated that existing customers may receive stakes in the reorganized entity, providing some form of redress for their losses. FTX plans to relaunch after a tumultuous fall in 2022 Notably, blockchain technology company Figure has shown interest in supporting the FTX relaunch, having previously sought to acquire the rights to restart another failed crypto company. One of the significant challenges faced by FTX is the recovery of the billions of dollars lost in customer funds. The examination of FTX’s financial activities has revealed questionable investment decisions that contributed to the significant deficit in customer account balances. Despite these obstacles, a successful relaunch of the exchangewould be a more favorable outcome for its customers than a complete shutdown. It is worth noting that FTX’s in-house token, FTT, represents a substantial pool of assets that could potentially be distributed to customers. Without the exchange, these tokens would lose their utility and value. The journey of the exchange toward its relaunch is a complex and challenging one, given the magnitude of the financial losses and the tarnished reputation. However, with strategic investor engagement, potential compensation for affected customers, and a fresh branding approach, FTX aims to overcome these obstacles and reestablish itself in the cryptocurrency exchange market.

Bullish AVAX price prediction for 2023 is $13.79 to $17.70. Avalanche (AVAX) price might also reach $20 soon. Bearish AVAX price prediction for 2023 is $8.95. In Avalanche (AVAX) price prediction 2023, we use statistics, price patterns, RSI, RVOL, and other information about AVAX to analyze the future movement of the cryptocurrency. Avalanche (AVAX) Current Market Status Current Price $12.77 24 – Hour Trading Volume $120,288,806 24 – Hour Price Change 4.83% down Circulating Supply 345,217,222 All – Time High $146.22 (On November 21, 2021) AVAX Current Market Status (Source: CoinMarketCap) What is Avalanche (AVAX)? Avalanche (AVAX) is the native cryptocurrency of the Avalanche network. AVAX was launched in 2020. Avalanche is an open-source decentralized blockchain for creating dApps and customized blockchains. It is popularly known as the “winter-themed” ecosystem that holds AVAX, the “red coin.” AVAX tokens have 3 primary use cases. Firstly, they serve as the transaction fee. They serve as the fundamental unit for all Avalanche’s subnets. Moreover, users can stake AVAX and earn these tokens as rewards. Avalanche comprises 3 interoperable blockchains with distinct functionalities and multiple subnets. The Exchange Chain (X-Chain) handles the trading activities. The contract chain (C-Chain) meant for creating dApps. The Platform Chain (P-Chain), meant for validating transactions and maintaining subnets.Avalanche consensus protocol is distinctive. It is not completely based on the proof-of-work (PoW) or proof-of-stake (PoS). It operates with a directed acyclic graph (DAG) optimized consensus. Notably, the Snowman protocol, a part of the Avalanche consensus protocol, worth mentioning and meant for block production. Avalanche (AVAX) Price Prediction 2023 Avalanche (AVAX) holds the 18th position on CoinGecko right now. AVAX price prediction 2023 is explained below with a daily time frame. AVAX /USDT Descending channel Pattern (Source: Tradingview) In the above chart, Avalanche (AVAX) laid out a descending channel pattern. Descending channel patterns are short-term bearish in that a stock moves lower within a descending channel, but they often form longer-term uptrends as continuation patterns. The descending channel pattern is often followed by higher prices. but only after an upside penetration of the upper trend line. A descending channel is drawn by connecting the lower highs and lower lows of a security’s price with parallel trendlines to show a downward trend. Within a descending channel, a trader could make a selling bet when the security price reaches its resistance trendline. An ascending channel is the opposite of a descending channel. Both ascending and descending channels are primary channels followed by technical analysts. At the time of analysis, the price of Avalanche (AVAX) was recorded at $13.37. If the pattern trend continues, then the price of AVAX might reach the resistance levels of $21.10 and $35.73. If the trend reverses, then the price of AVAX may fall to the support of $10.67. Avalanche (AVAX) Resistance and Support Levels The chart given below elucidates the possible resistance and support levels of Avalanche (AVAX) in 2023. AVAX /USDT Support and Resistance Levels (Source: Tradingview) From the above chart, we can analyze and identify the following as the resistance and support levels of Avalanche (AVAX) for 2023. Resistance Level 1 $13.79 Resistance Level 2 $17.70 Resistance Level 3 $10.76 Support Level $8.95 AVAX Support & Resistance Levels As per the above analysis, if Avalanche’s (AVAX) bulls take the lead, then it might hit and break through its resistance level of $17.70. Conversely, if Avalanche’s (AVAX) bears dominate the trend, the price of AVAX might plunge to $8.95. Avalanche (AVAX) Price Prediction 2023 — RVOL, MA, and RSI The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Avalanche (AVAX) are shown in the chart below. AVAX /USDT RVOL, MA, RSI (Source: Tradingview) The technical analysis indicator Relative Volume (RVOL) is used to measure the trading volume of an asset in relation to its recent average volumes. It is typically calculated by dividing the current day’s trading volume by the average volume over a specified period, such as the past 20 or 50 trading days. Also, it helps traders in identifying unusual trading activity and changes in market sentiment. At the time of analysis, the RVOL of Avalanche (AVAX) was found below the cutoff line. Thus, it denotes a weak volume of participants trading in the current trend. The next technical indicator is the Moving Average (MA). This momentum indicator is used to smooth out price data and identify trends in the market. It helps in calculating the average price of an asset over a specific period. Particularly, the 50-day moving average (50 MA) evaluates the average closing price of the asset over the past 50 days. When the price of an asset is above 50MA, it is considered to be in an uptrend (bullish), and if laid below 50MA, it is in a downtrend (bearish). Notably, in the above chart, the AVAX price lies below 50 MA (short-term), indicating its downtrend. Hence, AVAX is in a bearish state. Although this is the current state, a trend reversal might occur. Next up is the Relative Strength Index (RSI). Significantly, this analysis indicator helps traders to determine the strength and momentum of an asset’s price movement over a specific period. In this analysis, the RSI is calculated by comparing the average gains and losses of the asset over the past 14 periods. The resulting value lies between a range of 0 and 100. Hence, the readings above 70 indicate an overbought state, and below 30 indicate an oversold state. Significantly, traders often use the RSI to identify potential trend reversals or to confirm the trend’s direction. For instance, if an asset is in an uptrend and the RSI reaches an overbought reading of 70, it may suggest that the asset is due for a pullback or correction. Conversely, if an asset is in a downtrend and the RSI is in an oversold reading of 30, it may suggest a potential reversal. At the time of analysis, the RSI of AVAX is at 52.11. Therefore, this indicates AVAX is neither overbought nor oversold state. Avalanche (AVAX) Price Prediction 2023 — ADX, RVI In the below chart, we analyze the strength and volatility of Avalanche (AVAX) using the following technical analysis indicators – Average Directional Index (ADX) and Relative Volatility Index (RVI). AVAX /USDT ADX, RVI (Source: Tradingview) To analyze the strength of the trend momentum, let us take note of the Average Directional Index (ADX). The ADX value is derived from the two directional movement indicators (DMI) such as +DI and -DI and is expressed between 0 to 100. According to the data on the above chart, the ADX of AVAX lies in the range of 32.42 pointing out a strong trend. The above chart also displays another technical indicator – the Relative Volatility Index (RVI). This indicator measures the volatility of an asset’s price movement over a specific period. With respect to the chart’s data, the RVI of AVAX lies below 50, indicating low volatility. Comparison of AVAX with BTC, ETH Let us now compare the price movements of Avalanche (AVAX) with that of Bitcoin (BTC), and Ethereum (ETH). BTC Vs ETH Vs AVAX Price Comparison (Source: Tradingview) From the above chart, we can interpret that the price action of AVAX is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of AVAX also increases or decreases respectively. Avalanche (AVAX) Price Prediction 2024-2030 With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Avalanche (AVAX) between 2024 and 2030. Avalanche (AVAX) Price Prediction 2024 If bulls dominate the price momentum and trend patterns, then Avalanche (AVAX) might successfully test and surpass its resistance levels to hit $22 by 2024. Avalanche (AVAX) Price Prediction 2025 The significant upgrades in the Avalanche Ecosystem might persuade the entry of an increased number of investors. This may eventually boost the Avalanche (AVAX) price to reach $24 by 2025. Avalanche (AVAX) Price Prediction 2026 If Avalanche (AVAX) successfully tests its major resistance levels and continues to move upside, then it would rally to hit $26. Avalanche (AVAX) Price Prediction 2027 If Avalanche (AVAX) sustains major resistance levels and stands as a better investment option in the market, then AVAX would rally to hit $28. Avalanche (AVAX) Price Prediction 2028 If Avalanche (AVAX) holds a positive market sentiment amid the highly-volatile crypto market by driving significant price rallies, then AVAX would hit $30 by 2028. Avalanche (AVAX) Price Prediction 2029 If investors flock in and continue to place their bets on Avalanche (AVAX), then the crypto would witness major spikes. Hence, AVAX might hit $32 by 2029. Avalanche (AVAX) Price Prediction 2030 By 2030, the AVAX price might rally to $35 if the trend momentum aligns in favor of Avalanche. Furthermore, AVAX would hold a positive market sentiment and be labeled as a long-term investment with highly profitable ROI. Conclusion If Avalanche (AVAX) establishes itself as a good investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish Avalanche (AVAX) price prediction for 2023 is $17.70. Comparatively, the bearish Avalanche (AVAX) price prediction for 2023 is $8.95. If there is a positive elevation in the market momentum and investors’ sentiment, then Avalanche (AVAX) might hit $20. Furthermore, with future upgrades and advancements in the Avalanche ecosystem, AVAX might surpass its current all-time high (ATH) of $146.22 and mark its new ATH. FAQ 1. What is Avalanche (AVAX)? Avalanche (AVAX) is the native cryptocurrency of the Avalanche network. AVAX was launched in 2020. Avalanche is an open-source decentralized blockchain for creating dApps and customized blockchains. 2. Where can you buy Avalanche (AVAX)? Traders can trade Avalanche (AVAX) on the following cryptocurrency exchanges such as Binance, OKX, Deepcoin, CoinW, and Bitrue. 3. Will Avalanche (AVAX) record a new ATH soon? With the ongoing developments and upgrades within the Avalanche platform, Avalanche (AVAX) has a high possibility of reaching its ATH soon. 4. What is the current all-time high (ATH) of Avalanche (AVAX)? Avalanche (AVAX) hit its current all-time high (ATH) of $146.22 On November 21,2021. 5. What is the lowest price of Avalanche (AVAX)? According to CoinMarketCap, AVAX hit its all-time low (ATL) of $2.79 on December 31, 2020. 6. Will Avalanche (AVAX) hit $20? If Avalanche (AVAX) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $20 soon. 7. What will be the Avalanche (AVAX) price by 2024? Avalanche (AVAX) price might reach $22 by 2024. 8. What will be the Avalanche (AVAX) price by 2025? Avalanche (AVAX) price might reach $24 by 2025. 9. What will be the Avalanche (AVAX) price by 2026? Avalanche (AVAX) price might reach $26 by 2026. 10. What will be the Avalanche (AVAX) price by 2027? Avalanche (AVAX) price might reach $28 by 2027. Top Crypto Predictions Dogecoin (DOGE) Price Prediction 2023 SingularityNET (AGIX) Price Prediction 2023 Arbitrum (ARB) Price Prediction 2023 Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

NEW BRUNSWICK, N.J.–(BUSINESS WIRE)–DatChat, Inc. (“DatChat” or the “Company”) (Nasdaq: DATS), a secure messaging, metaverse and social media company, today announced that Darin Myman, CEO of DatChat will be a featured speaker at the Investor, Bizz, Art & Web3 forum sponsored by the Bogota Chamber of Conference on July 10, 2023. The forum being held in Bogota, Colombia, will be attended by both international and local investors and business leaders, coming from as far away as Dubai. The forum will feature three companies including DatChat, that are focused on the metaverse and other Web3 technologies being developed in Colombia. Conference attendees will have the opportunity to interact with management during breakout sessions after their presentations. About DatChat, Inc. DatChat Inc. is a secure messaging, metaverse and social media Company. DatChat’s Messenger & Private Social Network via application presents technology that allows users to change how long their messages can be viewed before or after users send them, prevents screenshots, and hides encrypted photos in plain sight on camera rolls. The Company’s patented technology offers users a traditional texting experience while providing control and security for their messages. The Company continues to innovate and implement strategic initiatives to increase the adoption of blockchain technology and advance its Social Network+ and Metaverse initiatives. For more information, please visit datchat.com. Forward-Looking Statements Certain statements in this press release constitute “forward-looking statements” within the meaning of the federal securities laws. Words such as “may,” “might,” “will,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “predict,” “forecast,” “project,” “plan,” “intend” or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company’s filings with the SEC, not limited to Risk Factors relating to its business contained therein. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law. Contacts 917-900-2534