5.7 billion SHIB tokens burned, reducing supply and sparking interest. Token withdrawals now live in Shibarium, resolving issues from botched launch. The distinctive meme coin, Shiba Inu, known for its consistent updates and developments, marked a significant milestone last month with the launch of its mainnet blockchain, Shibarium. Adding to it , In its special month August, Shiba Inu burned a staggering 5,715,986,938 SHIB tokens. It is currently valued at $45,532. This impressive burn took place through 763 transactions, showcasing the commitment to reducing token supply. Adding to it, One of the recent developments of Shiba Inu is the activation of token withdrawals from the Shibarium bridge. Weeks following the much-anticipated launch that suffered from software bugs, which resulted in millions of dollars temporarily trapped on the network. Users can now access their tokens and utilize them as intended Also the ecosystem displayed resilience as some 600,000 wallets engaged in over 700,000 transactions on the Shibarium network within just a week after resolving the initial hiccups. Data from blockchain explorers reveals that nearly 100,000 transactions occurred on August 31. With a peak activity of 132,000 transactions on August 25. As of the latest update, Shibarium users can seamlessly swap tokens, engage in lending and borrowing activities. And stake tokens to earn rewards, adding utility to the ecosystem. Whale Movements And SHIB Price Reflections In a notable twist, an unknown SHIB whale made a significant move by transferring nearly $38 million worth of tokens in an unusual transaction early Friday. Transactional data reveals that the whale first moved $160,000 in SHIB. And subsequently transferred $37.4 million in SHIB to a new wallet on the Ethereum blockchain. Finally, Amid these developments, SHIB continues to face bearish pressure, currently priced at $0.00000796, reflecting a 3% decline. The Relative Strength Index (RSI) stands at 41, indicating that the token is approaching oversold conditions.

New York, US, September 1st, 2023, Chainwire In a significant stride towards revolutionizing data privacy and verification, zkPass, the innovative privacy-preserving protocol for private data verification, announces that its Pre-alpha Testnet is open for public testing. A Glimpse into the Future: zkPass Pre-alpha Testnet The zkPass Pre-alpha Testnet presents a transformative approach to private data verification. Built on the bedrock of Multi-Party Computation (MPC), Zero-Knowledge Proofs (ZKP), and Three-party Transport Layer Security (3P-TLS), zkPass introduces TransGate—a gateway empowering users to selectively and privately validate their data from any HTTPS website. This encompasses diverse data types, including legal identity, financial records, healthcare information, social interactions, work history, education, and skill certifications. zkPass achieves these verifications securely and privately, obviating the necessity to reveal or upload sensitive personal data to third parties. The Power of Scalability zkPass can be readily incorporated into multiple application scenarios, including composable decentralized identity passes, DeFi lending protocols based on off-chain credit, privacy-ensured healthcare data marketplaces, and dating apps featuring verifiable zkSBTs, etc. Wherever there is a need for trust and privacy, zkPass can provide a solution. By employing cryptographic technologies like MPC, ZKP, and others, zkPass enables users to validate their private data through the verification of their HTTPS-based web session—eliminating the need for file uploads or the exposure of sensitive details. For example, through zkPass, Alice can prove: Based on her server response to the Steam/GOG website, she has purchased 10+ games with 100+ hours of gameplay and is not required to disclose any other private information about her account to a third party. Based on her server response with the Harvard Alumni website, she has a Bachelor’s degree and is an alumnus of Harvard University, but does not disclose any of her other superfluous personal data. Based on her server response with the Porsche website, she owns a Porsche, but does not disclose her frame number, purchase order, or other private data. Based on her server response with the bank’s website, she owns assets greater than $100K, but does not disclose any of her specific account assets, transfer records, or other private data. zkPass can be applied in various scenarios to enhance user experience, trust, and privacy: The Metaverse/GameFi program is looking for gaming ambassadors to participate in a test and offer a reward, and they can easily verify that Alice is their target user. Alice can seamlessly access the Alumni DAO via her zkPass zkSBT while ensuring privacy and trustworthiness. Alice leveraged her RWA ZKPs to establish a reputation for high ratings, which allowed her to access a DeFi lending platform and secure lower mortgage and borrowing rates, ultimately boosting her capital efficiency. By redesigning the TLS protocol to Three-party TLS, zkPass makes it seamless for any HTTPS-based website to be used as a trusted data source for provenance of zero-knowledge metadata without having to authorize any APIs. Open Invitation to Shape the Future zkPass launched its Pre-alpha Testnet in July, receiving an overwhelming response with over 200,000 waitlist signups. Currently, tens of thousands of whitelisted users have already generated more than 100,000 zero-knowledge proofs, each representing their respective private data, identity, or ownership. User feedback holds immense importance as it helps refine and enhance their solution. The public release of the Pre-alpha Testnet extends a warm invitation to technology enthusiasts, privacy advocates, and individuals who deeply value secure data practices. This invitation aims to shape the future landscape of data privacy alongside zkPass collectively. Participating in the Pre-alpha Testnet not only grants users early access to an advanced solution but also empowers them to actively contribute towards its improvement. This collaborative effort is a key driver in tailoring zkPass into a privacy-focused protocol that empowers users in an increasingly data-centric world. How to Get Involved Getting involved in zkPass’s Pre-alpha Testnet is simple: Users can Install the TransGate Extension from Google Chrome Web Store. Interested users join pre.zkpass.org to be a part of the Pre-alpha Testnet and experience firsthand the power of private data validation. More tutorial details can be found on the doc wiki and engage with the zkPass community. Users are invited share their insights, and become an integral part of shaping this groundbreaking technology. About ZkPass zkPass is an advanced privacy-preserving protocol for private data verification. It allows users to securely and selectively validate their data from any HTTPS website, making it highly versatile for various applications, including banking and DeFi lending protocols. zkPass is the ideal solution whenever trust and privacy are essential. Contact Mason Bennett [email protected]

As Binance Coin (BNB) grapples with a turbulent market, its recent struggles have highlighted a decline in network activity, fueling a lack of buying pressure. The latest roadblock at the formidable $225 resistance level has compounded the altcoin’s long-term bearish bias, casting a shadow over its prospects in the crypto landscape. Taking a closer look at BNB’s recent performance, the altcoin faced a flurry of selling pressure in mid-August, a critical moment that saw the key support level of $225 transform into a major resistance. This shift firmly established bearish dominance on the higher timeframes, shaking investor confidence in BNB’s ability to rally. However, not all hope was lost as bulls rallied from the nearby support level just above $205, providing a glimmer of optimism amidst the prevailing bearish sentiment. BNB’s Price and On-Chain Metrics BNB’s price, currently hovering at $213 according to CoinGecko, reflects the ongoing volatility. Over the past 24 hours, BNB has witnessed a 4.5% decline, while its seven-day performance shows a modest gain of 0.4%. The Relative Strength Index (RSI), after a recent surge that took it above the neutral 50, experienced a sharp drop from the 60-mark, signaling unstable demand and wavering investor sentiment. Examining BNB’s on-chain metrics, we find interesting developments among market speculators. Coinalyze data reveals that the futures market reacted strongly to the short-term pump on August 29, with a sharp drop in Open Interest (OI). This indicates that traders may be growing cautious as they navigate the unpredictable waters of the BNB market. Prospects for the Future Looking ahead, the fate of BNB appears to hinge on the weekly time frame and the closing price of its charts. If the week concludes with a strong closure above the $230 mark, buyers may seize the initiative. This potential resurgence could pave the way for a further climb towards the $240 zone, offering a glimmer of hope for BNB enthusiasts. However, a separate report highlights that such a scenario remains relevant only until mid-September, and the market’s mood can shift rapidly. BNB faces significant challenges as it grapples with declining network activity and a persistent lack of buying pressure. The recent rejection at the $225 resistance level has cemented a bearish bias on the higher timeframes, leaving investors to closely monitor BNB’s price movements and on-chain metrics for signs of a potential turnaround. Amidst this uncertainty, market participants must remain vigilant and adaptable, as the cryptocurrency landscape is known for its rapid fluctuations and ever-changing dynamics. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from Telegaon

Sam Bankman-Fried (SBF), the founder of the defunct FTX exchange, is set to face trial in October, barring any postponement. Amid the fracas, the former exchange CEO has maintained that he isn’t guilty of all these charges leveled against him and will be reportedly bringing expert witnesses to prove his innocence. Sam Bankman-Fried Defense To Call Seven Expert Witnesses According to a Bloomberg report, Sam Bankman-Fried is employing the services of seven different expert witnesses to help bolster his case. These expert witnesses may form part of SBF’s defense, and if so, they will be allegedly paid $1,200 an hour to testify in favor of FTX’s former CEO. This means that SBF’s defense could be spending up to $8,400 an hour for these expert witnesses, a staggering figure given that high-profile trials like these can drag out for a long time. This list of expert witnesses released so far includes Lawrence Akka, Thomas Bishop, Brian Kim, Joseph Pimbley, Bradley Smith, Peter Vinella, and Andrew Di Wu. Expert witnesses are persons with specialized knowledge in a particular field. They are usually called upon in court proceedings to break down complex or technical issues that the Judge and the jury may not be conversant with. According to the defendant’s notice, SBF’s expert witnesses will give evidence of various issues, including campaign finance laws, the finances of FTX and its sister company, Alameda Research, and the crypto exchange’s software infrastructure. However, it is surprising that SBF is calling an expert witness to give background information on the US campaign finance laws, considering that the prosecution had dropped the charge of him violating campaign finance rules. The charge was dropped because it didn’t form part of the US government’s extradition agreement with the Bahamas government, and thus had no legs to stand on. But it seems defending himself against such allegations is important to the FTX founder given he is preparing a defense for it. DOJ Objects To SBF’s Expert Witnesses In reply to SBF’s notice of his expert witnesses, the government has filed a motion to exclude the testimony of these witnesses. The prosecutors argue that these experts and their accompanying disclosures suffer from an “array of deficiencies” that necessitate their exclusion. For one, their opinions have no basis as required by the Federal Rule of Criminal Procedure. According to the prosecutors, their opinions, among other things, are “irrelevant, unfairly prejudicial, and confusing to the jury.” They further argue that these experts will offer legal conclusions that “invade” the power of the court and the jury, so the court should exercise its “gatekeeping authority” and preclude their testimonies.” The Prosecutor’s motion contains extensive arguments on why each of these expert witnesses’ opinions should be excluded. They stated that Professor Smith’s testimony is “irrelevant, confusing, and a waste of time” since SBF’s trial doesn’t include a charge stemming from the defendant’s “illegal campaign finance scheme.” Meanwhile, they argue that Mr. Vinella’s testimony should be excluded on the grounds of qualifications, relevancy, and admissibility. If rejected, they have the court to grant them a Daubert hearing to evaluate his “qualifications, methodology, and the relevance and reliability of his proposed testimony. Mr. Vinella seems to be SBF’s primary expert witness as he is set to opine on various topics, including FTX’s operations and how the company took “commercially reasonable steps” to protect customers’ funds despite the lack of regulatory clarity in the US. SBF currently faces seven counts of financial fraud, including wire fraud on FTX and Alameda customers, securities fraud, and money laundering.

After a short-lived rally above $28,000 this week following Grayscale’s landmark court case victory against the US Securities and Exchange Commission (SEC) over the conversion of GBTC into a spot ETF, the price of BTC has once again settled around the $26,000 mark. This comes after yesterdays’ SEC’s decision to postpone all Bitcoin spot ETF decisions for 45 days. Renowned crypto analyst, Rekt Capital, has weighed in on the situation with a series of tweets that provide insight into Bitcoin’s potential trajectory for the upcoming month. As the analyst remarks, Bitcoin has registered a bearish monthly candle close for the month of August due to yesterdays’ price plunge. Bitcoin Price Prediction For September 2023 In a series of tweets, Rekt Capital explained, “BTC closed below ~$27,150, confirming it as lost support. It’s possible BTC could rebound into ~$27,150, maybe even upside wick beyond it this September. But that would likely be a relief rally to confirm ~$27,150 as new resistance before dropping into the $23,000 region. Historically, September has not been particularly kind to Bitcoin, with the month recording the least number of positive-returning months at just two, and currently being on a 6-year negative-returning streak. Rekt Capital delves deeper into this trend, stating, “A frequently recurring downside amount for BTC in the month September is -7%. If BTC were to drop -7% from current price levels this month, price would retrace to ~$24,000.” However, according to the analysis by the analyst, the next major monthly level is sitting at ~$23,400. This suggests that price maybe does not stop at -7% if BTC can’t gain new momentum. Instead, BTC could potentially downside wick -10% in total to reach that next major monthly level. The analyst further elaborated on the historical performance of Bitcoin in September, noting, “September – positive or negative month? Typically, we tend to see a negative month for BTC in September. However, for the most part BTC sees single-digit drawdown in Septembers. 8 out of 10 of the past Septembers have experienced downside. Only 2 months saw small, single-digit gains in the month of September (+2% in 2015 and +6% in 2016).” Worst Case Scenario Drawing parallels with previous years, Rekt Capital highlighted that the most recurring drawdown in September has been a -7% dip, as observed in 2017, 2020, and 2021. However, he also pointed out that Bitcoin only saw double-digit retracement in 2019 (-13%) and in 2014 (-19%). The latter, being a bear market year, might not be the best comparison for 2023, which is shaping up to be a bottoming out year, akin to 2019 or 2015. Addressing the looming question of another potential crash in September, the analyst opined, “In 2019 BTC saw a -13% retrace but we also need to keep in mind that BTC just saw one of its worst-ever August drawdowns at -16%. It’s unlikely that Bitcoin would experience severe back-to-back drawdown both in August and now in September as well.” Concluding his analysis, Rekt Capital shared his personal forecast, “I think a drawdown of around -7% to -10% September could reasonably occur from current levels. This would see price drop to ~$24,000 – $23,000.” Remarkably, there is unlikely to be a Bitcoin spot ETF decision in September, which may be the biggest catalyst for the market at the moment. The next deadlines for filings by Bitwise, BlackRock, Fidelity and the others is October 16 and 17. Only an action by the SEC after the lost lawsuit against Grayscale could provide a surprise event. However, there are currently no deadlines or statements from the SEC if and when they will carry out the ruling. At press time, BTC traded at $26,104.

London, United Kingdom, September 1st, 2023, Chainwire Veloce, the world’s leading digital racing media network, will be launching its Utility and Governance token, VEXT, on September 4th, 2023. VEXT will be launching exclusively on ByBit a top three global crypto exchange. Veloce has collaborated with Polygon Labs, an international software development company building Ethereum scaling architecture which facilitates swift, cost-effective, and secure transactions across the Polygon protocols. Veloce Media Group CEO, Rupert Svendsen-Cook, will be on stage at Korea Blockchain Week alongside Mike Blank, COO at Polygon Labs to talk about the VEXT integration with Polygon (September 4th). Veloce’s token, VEXT, empowers holders to become part of the Veloce ecosystem which will have substantial influence over decentralised assets within the Veloce Media Group, encompassing its multiple gaming and real-world teams, creators, leagues, and content. With the launch phase already offering multiple features and a roadmap introducing game-changing utility, Veloce will harness all of its resources to build a truly future-facing sports and media group on the Blockchain. VEXT’s launch brings an evolving user experience with voting and proposal features, 6 gamified staking pools, integrated games and will evolve the platform to offer product and merchandise privileges, token holder event access, with interoperability across all features. For more information: Website | Telegram Group | Telegram Channel | Twitter | Discord | Instagram | YouTube | CoinMarketCap | CoinGecko | ByBit About Veloce Media Group Founded in 2018, Veloce is a multi-pillared gaming and sports media group operating across some of the most innovative, fast-growing, and future-focused sectors in the UK. Headquartered in London, the Veloce brand comprises the industry-leading gaming and racing platform, Veloce Esports, and race-winning outfit, Veloce Racing, currently competing in the renowned Extreme E championship. As the world’s largest digital racing media network, Veloce has so far attracted over 35 million subscribers and nearly one billion monthly views with a focus on esports, gaming, purpose-driven motorsport, and Web3. Veloce is partnered with a number of high-profile teams from across the globe, running multiple gaming and esports team operations, including Mercedes AMG, Ferrari, McLaren, and Yas Heat. Well-established JV sub-brands, including Lando Norris’ gaming and lifestyle brand Quadrant, make up another key aspect of Veloce’s vast global network. To learn more, please visit: https://www.velocemediagroup.com/ Contact Chief Executive Officer Rupert Svendsen-Cook Veloce Media Group [email protected]

Bitwise has unexpectedly withdrawn its application for the Bitcoin and Ethereum Market Cap ETF. Bitwise’s withdrawal timing raises concern, as its recent call for SEC approval of ETFs. Bitwise, a prominent provider of cryptocurrency investment solutions, has officially withdrawn its application for the Bitcoin and Ethereum Market Cap Strategy and Exchange-Traded Fund (ETF). The decision has left investors and industry observers puzzled, as it comes one day after Bitwise’s Chief Investment Officer, Matt Hougan, publicly vouched for the approval of ETFs in an interview with Bloomberg. Bitwise submitted its withdrawal request to the U.S. Securities and Exchange Commission (SEC) on August 3rd, 2023. The now-abandoned ETF had a unique approach. Intending to allocate funds into either Bitcoin futures contracts or Ethereum futures contracts based on the relative market capitalization of these two leading cryptocurrencies. Bitwise had even forged a partnership with ProShares to create a similar ETF during the same period. What Exactly Happened? This development comes at a time when the cryptocurrency market has been experiencing bullish sentiments following Grayscale’s victory in its battle with the SEC. Grayscale, a cryptocurrency asset management firm, successfully converted its Grayscale Bitcoin Trust into an SEC-reporting company. Bitwise’s decision to withdraw its ETF application has left many wondering about the reasons behind this sudden change in strategy. The company has not publicly disclosed the specific reason. But the official filing stated, “The Trust no longer intends to seek effectiveness of the Fund, and no securities of the Fund were sold, or will be sold, pursuant to the above-mentioned Post-Effective Amendment to the Trust’s Registration Statement.” In a broader context, this move by Bitwise adds to the uncertainty surrounding cryptocurrency-related ETFs in the United States. Further, the SEC has recently postponed its decision on a range of spot Bitcoin ETF applications filed by various entities. Including BlackRock, WisdomTree, Invesco Galaxy, Wise Origin, VanEck, Bitwise, and Valkyrie Digital Assets. These decisions, originally expected sooner, are now slated for evaluation in October, as confirmed by agency filings.

The Chinese court news stated that cryptocurrencies are considered legal property. China has an unstable relationship with cryptocurrencies. The crypto market has experienced significant growth and massive development over the years. Every country around the world has started adopting and creating a crypto-friendly environment for people. On the other hand, Justin Sun, the founder of Tron, disclosed that in China, cryptocurrencies are protected by law and are regarded as legal property. On September 1, Justin Sun, the founder of Tron, tweeted that the Chinese court news stated that cryptocurrencies considered legal property and protected. China is one of the countries that have banned cryptocurrencies around the world. The news from Justin Sun has caught the attention of the crypto community around the world. China is Returning to the Crypto Sector After banning cryptocurrency exchanges in 2017, China had an unstable relationship with virtual currencies and began tightening regulations in the middle of 2021. Moreover, the Bank of China issued a statement saying that users of cryptocurrencies will considered criminals. The recent tweet from Justin Sun sent shockwaves through the crypto community. Tron founder Justin Sun has already stated that China is planning to return to the crypto sector. On January 30, 2023, Justin Sun tweeted that China’s new tax on cryptocurrency transactions was a signal that the government was once again interested in the cryptocurrency sector. China has taken a major step by returning to the crypto sector. The tweet from Justin Sun confirms that the country is back in crypto by considering its legal property. The news sparks a debate among the crypto community. The return of China to the crypto sector expected to boost the market.

TORONTO–(BUSINESS WIRE)–Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or the “Company”), a publicly-traded company that invests in web3 assets and builds web3 businesses, today announces that its board of directors (the “Board”) has approved a change of the Company’s auditor. The Company’s former auditor, Raymond Chabot Grant Thornton LLP (the “Former Auditor” or “RCGT“), was not reappointed by the Board, effective as of August 3, 2023. The Board and the audit committee of the Board (the “Audit Committee“) have appointed Davidson & Company LLP (the “Successor Auditor” or “Davidson“) as the successor auditor of the Company, effective as of August 3, 2023. “Tokens.com is grateful for the services provided by RCGT for the past two years,” said Andrew Kiguel, CEO. “The Company is looking forward to a smooth transition with the Davidson team and planning for a successful FY2023 audit term.” There were no disagreements or unresolved issues with the Former Auditor on any matter of the audit scope or procedures, accounting principles or policies, or financial statement disclosure. There have been no “reportable events” (as defined in National Instrument 51-102 – Continuous Disclosure Obligations) between the Company and the Former Auditor. The Former Auditor did not provide a modified opinion in their auditor’s report for the financial statements of the Company fiscal years ended September 30, 2022 and December 31, 2021. A Notice of Change of Auditor (the “Notice“), together with the response letters from the Former Auditor and Successor Auditor have been reviewed by the Audit Committee and the Board and have been filed on www.sedar.com. About Tokens.com Tokens.com Corp is a publicly traded company that invests in web3 assets and builds web3 businesses. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) play-to-earn crypto gaming. Tokens.com owns digital assets and operating businesses within each of these categories. Staking operations occur within Tokens.com. Metaverse operations occur within a subsidiary called Metaverse Group. Metaverse Group wholly-owns a subsidiary called cocoNFT, a platform that allows Instagram users to mint and sell NFTs easily. Additionally, Metaverse Group is a strategic investor in Metaverse Architects, a leading 3D modeling and game development studio. Web3 gaming operations occur within a subsidiary called Hulk Labs. All our businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue. Visit Tokens.com to learn more. Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube. Forward-Looking Statements This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law. Contacts Tokens.com Corp. Andrew Kiguel, CEO Telephone: +1-647-578-7490 Email: [email protected] Jennifer Karkula, Head of Communications Email: [email protected] Media Contact: Ali Clarke – Talk Shop Media Email: [email protected]

The Bitcoin price has been experiencing a series of price fluctuations for two years now. The cryptocurrency has been on a bullish threshold multiple times but has failed to hold a bullish momentum for long. Nevertheless, a Bloomberg analyst has predicted an unfeigned bull run for BTC, but the potential uptrend comes with certain factors and conditions. Investors Prepare For Possible Bitcoin Bull Run The slow growth of Bitcoin price has left investors and crypto enthusiasts hoping for a potential bull run since its crash in 2022, which saw the cryptocurrency dropping from $46,000 to below $20,000. The morale of the crypto space has been uplifted, however, following a forecast made by Senior Macro Strategist at Bloomberg Intelligence, Mike McGlone, who proposes a potential bull run for Bitcoin. In an X (formerly Twitter) post, the senior analyst implies that if the Bitcoin price rises above the $30,000 mark, investors should expect a significant bull run similar to the uptrend recorded in 2020 when Bitcoin was at its all-time high. McGlone explained that Bitcoin’s $30,000 is analogous to its $12,000 price mark in 2020, just before its surge. To put this in perspective, in 2020, while Bitcoin price was as low as $12,000, the cryptocurrency recorded one of the highest surges in its history, and McGlone has equated that price jump to the bullish momentum he foresees for Bitcoin if it crosses the $30,000 price threshold. “Bitcoin $30,000 May Be New $12,000, With Fed-Tightening Overhang,” McGlone said in the X post. He also added that Bitcoin’s price may see substantial growth if regulatory burdens are addressed and spot Bitcoin ETFs are eventually approved. “The inevitable approval of Bitcoin ETFs in the US is moving closer, but the elephant in the room for all risk assets remains. The Fed is still tightening despite the tilt toward economic contraction,” the analyst said. Factors Hindering Bullish Momentum For The Bitcoin Price As the crypto space keeps an eye out for more confirmation of a favorable price reversal for Bitcoin, several factors could impede Bitcoin’s expected growth trajectory. Industry experts have highlighted that the increased adoption of the Bitcoin ETF following Grayscale’s victory against the SEC could have a significant impact on the price of Bitcoin. However, the United States Securities and Exchange Commission (SEC) previously rejected applications for spot Bitcoin ETFs by prominent financial service firms and crypto exchanges in the industry. The SEC has also delayed applications for Bitcoin ETF from renowned firms like Blackrock, and WisdomTree even after Judges from the District of Columbia Court of Appeals in the US were not in favor of the SEC’s rejection of Grayscale’s Bitcoin ETF. Furthermore, the SEC has also been aggressively suing many crypto exchanges, including Binance and Coinbase. This lack of a proper regulatory framework has affected the prices of cryptocurrencies, including Bitcoin, so crypto investors are hesitant to invest in an exchange facing multiple lawsuits and potential legal repercussions. Bitcoin’s transaction volume has also taken a hit, plunging to 3-year lows. The transaction volume declined by a staggering 90% previously cutting short a potential rally and positioning the cryptocurrency at a bearish mark. Additionally, Bitcoin mining which was once a lucrative crypto venture has also seen a significant decline for participants. However, while the factors hindering a Bitcoin price growth spurt are considerable, investors’ hopes still remain strong as they prepare for a price spike.

LAS VEGAS–(BUSINESS WIRE)–$AGREE #14_million_engaged_users—Ault Alliance Inc. (“Ault Alliance”) and BitNile Metaverse, Inc. (“BitNile Metaverse”) announced today that BitNile.com (the “Platform”) is celebrating the BitNile.com Grand Prix of Portland by giving 200,000 Nile tokens to everyone who creates an avatar on the Platform. BitNile Metaverse recently announced that the Platform is the title sponsor for this year’s NTT INDYCAR SERIES event at Portland International Raceway (“PIR”), being held on September 3, 2023. The Platform is owned and operated by BitNile.com, Inc. (“BNC”), a wholly owned subsidiary of BitNile Metaverse, which is a consolidated minority beneficially owned subsidiary of Ault Alliance. BitNile Metaverse stated that from midnight, September 1, 2023 through 11:59 pm on September 30, 2023 (all times Eastern), any account, either new or previously active, that has a saved avatar on the Platform will be awarded a gift of 200,000 Nile Tokens for in-world use with social gaming on the Platform, including Roulette and Blackjack, the latter of which has been launched as of September 1, 2023. The Platform anticipates that the reward of 200,000 Nile tokens will be uploaded into each account within 72 hours of confirmation of the saved avatar. The Platform is a rapidly growing virtual world with over 1.4 million engaged users. Launched earlier this year, the Platform introduced social gaming with the launch of roulette, offering users an opportunity to play for fun or real money prizes, and also allows gamers the opportunity to drive on virtual racetracks including the Indianapolis Motor Speedway. BNC also sponsors Ed Carpenter Racing, an NTT INDYCAR SERIES team that will be represented by previous Indianapolis 500 winner Ryan Hunter-Reay and Rinus VeeKay in the BitNile.com Grand Prix of Portland. “BNC is launching this giveaway of 200,000 Nile tokens for use in the social gaming area of the Platform to achieve its goal of introducing the Platform to the widest audience possible and to gain the greatest number of new active memberships through the sponsorship of the Portland Grand Prix. We firmly believe that the BitNile.com Grand Prix of Portland embodies the essence of innovation and technology, mirroring the cutting-edge nature of the metaverse world,” stated Milton “Todd” Ault III, Executive Chairman of Ault Alliance and BNC. “By sponsoring this thrilling event at PIR, we applaud BitNile.com’s passion for technological advancement within their virtual world and for creating an electrifying experience for IndyCar fans both at the track and in the metaverse.” Users can access and explore the early-access version of the Platform and receive updates by visiting https://BitNile.com. Single-day tickets for the BitNile.com Grand Prix of Portland at the PIR, featuring 10 total races from five different series and taking place between September 1 and September 3, 2023, are on sale. Ticket prices start as low as $25 for single-day general admission and $70 for single-day grandstand seats. Three-day tickets remain available for purchase and offer the best value. Fans should visit portlandgp.com to buy tickets for the BitNile.com Grand Prix of Portland weekend. The 2023 BitNile.com Grand Prix of Portland marks the 29th running of this event, adding to the rich history of open-wheel racing in the Rose City. The NTT INDYCAR SERIES headlines the weekend events. This late-season race that could decide and finalize the championship chase. The series points leader after the completion of the past four Portland rounds (2018, 2019, 2021 and 2022) has gone on to claim the NTT INDYCAR SERIES championship. This year’s field will feature returning race winners Scott McLaughlin (2022), Alex Palou (2021) and Will Power (2019). The grid will boast other notable drivers such as 10-year Formula One veteran Romain Grosjean and, including Mr. Power, eight Indianapolis 500 winners, including this year’s winner Josef Newgarden, four-time winner Helio Castroneves, 2008 winner and six-time NTT INDYCAR SERIES champion Scott Dixon, Marcus Ericsson, Ryan Hunter-Reay, Simon Pagenaud and Alexander Rossi. About Ault Alliance, Inc. Ault Alliance, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, Ault Alliance owns and operates a data center at which it mines Bitcoin and offers colocation and hosting services for the emerging artificial intelligence ecosystems and other industries, and provides mission-critical products that support a diverse range of industries, including metaverse platform, oil exploration, crane services, defense/aerospace, industrial, automotive, medical/biopharma, consumer electronics, hotel operations and textiles. In addition, Ault Alliance extends credit to select entrepreneurial businesses through a licensed lending subsidiary. Ault Alliance’s headquarters are located at 11411 Southern Highlands Parkway, Suite 24w0, Las Vegas, NV 89141; www.Ault.com. About BitNile Metaverse, Inc. Founded in 2011, BitNile Metaverse (Nasdaq: BNMV) owns 100% of BNC, including the BitNile.com metaverse Platform. The Platform, which went live to the public on March 1, 2023, allows users to engage with a new social networking community and purchase both digital and physical products while playing 3D immersive games. In addition to BNC, BitNile Metaverse also owns three non-core subsidiaries either directly or indirectly: approximately 66% of Wolf Energy Services Inc. (OTCQB: WOEN) indirectly; 100% of Zest Labs, Inc. directly; and approximately 89% of Agora Digital Holdings Inc. directly. BitNile Metaverse also owns approximately 70% of White River Energy Corp (OTCQB: WTRV). Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and neither Ault Alliance nor BitNile Metaverse undertake any obligation to update any of these statements publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. In addition to risks relating to the acceptance of the Platform by individuals, competition with much larger companies operating metaverses and BitNile Metaverse’s ability to raise capital, investors should review risk factors, that could affect either or both of the Ault Alliance’s and BitNile Metaverse’s respective businesses and financial results which are included in Ault Alliance’s and BitNile Metaverse’s respective filings with the U.S. Securities and Exchange Commission, including, but not limited to, their respective Forms 10-K, 10-Q and 8-K. All such filings are available at www.sec.gov and on the companies’ websites at www.Ault.com and www.BitNile.net, respectively. Contacts Ault Alliance Investor Contact: [email protected] or 1-888-753-2235 BitNile Metaverse Investor Contact: [email protected] or 1-800-762-7293

On August 29, flagship cryptocurrency Bitcoin soared to as high as $28,000 following Grayscale’s victory. However, it has now lost these gains as the US Securities and Exchange Commission (SEC) chose to delay its decisions on seven Spot ETF applications. Bitcoin Crashes Below $26,000 Bitcoin dropped by over 4% to $26,000 as the SEC extended the timeline to decide on the ETF applications of BlackRock, WisdomTree, Invesco, Fidelity, Valkyrie, VanEck, and Bitwise. This price action contrasts with when the cryptocurrency had reacted positively to the news of Grayscale’s victory, with the US Court of Appeals ruling in favor of the asset manager against the Commission. Many had looked forward to the SEC’s decision in these ETF applications following Grayscale’s victory, hoping that the legal loss would have softened the regulator into approving these applications. However, Bloomberg ETF analyst Eric Balchunas had stated earlier that he would not be “surprised” if the SEC delayed these applications. According to him, these timelines may not matter as much as the SEC is still likely to “give in” at some point, and we will eventually see the approval of these applications. Following this extension, the SEC will have another 45 days to review these applications and choose whether to approve, deny, or delay its decision. The regulator also has a maximum of 240 days to decide whether or not to approve or disapprove these applications. However, it has several key deadlines in between. What’s Next For BTC? Many have projected the approval of a Spot Bitcoin ETF as one of the key events that could spark a significant surge in Bitcoin’s price (as we saw how the market reacted following Grayscale’s victory). However, the SEC’s decision to delay these applications shows that it is not ready to back down just yet, and there could be continued resistance to approving a Spot Bitcoin ETF. While the approval of a Spot Bitcoin ETF remains uncertain, Bitcoin may be hanging in the red throughout this month. According to historical data, September has always been known to be bearish for Bitcoin’s price as the digital asset has closed in the red most times at the end of September. Meanwhile, October seems more promising as there are major days to watch as Bloomberg analyst James Seyffart noted that the SEC’s next deadline for these ETF applications is in October. Ethereum Futures ETFs are also expected to launch in October, which could be a major boost for the market. Despite this, analysts aren’t hopeful of Bitcoin hitting any new highs this year, as one predicts that Bitcoin could consolidate between $25,000 and $32,000 for the remainder of this year.

In a recent report by Capriole Investments’ Charles Edwards explored the Federal Reserve’s ever-expanding war chest and its potential implications for the Bitcoin and crypto market. As Bitcoin gears up for its halving in April 2024, a pivotal event that will make it scarcer than gold, understanding the macroeconomic environment becomes crucial. Why Macro Matters For Bitcoin And Crypto Edwards underscores the inherent interconnectedness of global markets, asserting, “Bigger markets drive smaller markets.” This symbiotic relationship is evident in the crypto realm, where altcoins’ performance is closely tethered to Bitcoin’s movements. Drawing a parallel with traditional markets, Edwards elucidates, “Bonds drive equities, equities drive Bitcoin and Bitcoin drives altcoins.” Contrary to the prevailing sentiment of an impending recession in 2023, the equities market defied expectations with a robust rally. This surge was not arbitrary but was propelled by the groundbreaking integration of usable AI, which has the potential to significantly augment GDP. Edwards directs attention to the NAAIM Exposure Index, a barometer of NAAIM managers’ equities exposure. The current readings of this index are reminiscent of those in June and October 2022, both of which signaled local bottoms for the S&P 500. Furthermore, the AAII sentiment survey results, which are currently moderate, could provide a more convincing buy signal if they align with the NAAIM Exposure Index. Another metric that Edwards holds in high regard is the Put/Call ratio. This ratio offers insights into the relative bullishness or bearishness of market participants in the options market. A recent spike in this ratio suggests that the traditional finance market might be on the cusp of a near-term upward movement, Bitcoin and crypto could follow. However, Edwards tempers this optimism with a note of caution. For a more definitive bullish signal, the S&P 500 would need to breach and sustain above the pivotal monthly resistance level at 4600. A consistent performance above this threshold would dispel any notions of a transient “dead-cat-bounce.” Macro Fundamentals: A Mixed Bag The broader macroeconomic picture presents a mosaic of varying hues. The aggressive tightening cycle, a hallmark of the Fed’s recent monetary policy, is still being assimilated by the markets. With the reservoir of household savings accumulated during the Corona stimulus years now running dry, a consequential contraction in consumer spending is on the horizon. Edwards shines a spotlight on a couple of particularly disconcerting metrics: a marked decline in manufacturing, a sector whose downturns have historically been harbingers of recessions and consumer spending, which has not only dipped below its 20-year average growth rate but has done so at an alarming velocity. Other red flags in the US economic landscape include a relative rise in the cost of living as income growth, at a meager 1% annually, lags behind inflation; an unprecedented credit card debt mountain of $1 trillion; escalating delinquency rates; and a squeeze on net worth as housing prices wane in the face of dwindling demand. Yet, despite these ominous signs, the robust employment rates render any immediate proclamations of a recession premature. Edwards emphasizes the significance of the “initial claims” metric as a bellwether for unemployment trends. However, the integration of AI into the workforce is not just a technological marvel but a potential economic game-changer. Edwards, drawing from personal experience, notes a 50% surge in productivity with AI’s aid. He references a statement by Sam Altman, CEO of OpenAI, which projects that in the near future, a single programmer, with tools like ChatGPT and Copilot, could rival the productivity of 20-30 of today’s programmers. The Fed’s War Chest Aware of the looming economic uncertainties, the Federal Reserve has been bolstering its defenses. The unprecedented rate hikes, catapulting interest rates from zero to 5% in a mere year, coupled with a contraction in the money supply rate, have engendered the most stringent economic conditions ever recorded that has been weighing heavy on tradfi, Bitcoin and crypto. The Fed’s dual strategy of high interest rates, which provide leeway to slash rates during crises, and its recent success in paring down its balance sheet by a whopping $1trillion, are central to its defensive posture. Edwards speculates on the timing of the next QE round, suggesting that given the impending election year, the Fed might be compelled to deploy its liquidity arsenal sooner than anticipated. Given the current macroeconomic tableau and the 90% of rate hikes already factored into the market as per the CME FedWatch, Edwards posits that the Fed might be compelled to infuse liquidity in the imminent future, especially if indicators like rising unemployment or plummeting consumer spending manifest. What will happen then should be clear to everyone: risk assets like Bitcoin and crypto will rally, aligning perfectly with the BTC halving. At press time, BTC traded at $26,015.

Hedera (HBAR) recently encountered a significant hurdle as it faced price rejection at a crucial weekly bearish order block. Currently hovering at the $0.0500 level, this juncture has emerged as a formidable obstacle for sellers looking to capitalize on the prevailing bearish sentiment. In a price report, it was revealed that HBAR’s funding rates have consistently remained in negative territory for the past few days. This bearish skew in the futures market further underscores the challenges HBAR faces in its price recovery. The current HBAR price, as reported by CoinGecko, stands at $0.050716, with a 5.0% decline over the last 24 hours and nearly 13% drop over the past seven days. Declining Open Interest Reflects Reduced Hedera Demand Adding to the bearish narrative, open interest rates for HBAR have plummeted from $27 million to $21 million within the last five days (from August 24th to August 31st). This substantial drop indicates a waning demand for HBAR within the futures market, potentially emboldening sellers to seek further gains. The fate of HBAR remains closely intertwined with Bitcoin’s performance. As Bitcoin drops below the key $26,000 level, it has retraced a significant portion of its loss courtesy of a favorable US court ruling in Grayscale Investments’ Bitcoin ETF case against the Securities and Exchange Commission. SEC’s ETF Delay Casts a Shadow on the Crypto Market Bitcoin’s value, along with that of other cryptocurrencies, took a hit following the SEC’s announcement of a delay in reviewing seven spot Bitcoin exchange-traded fund (ETF) applications until October. This delay has cast a shadow of uncertainty over the cryptocurrency market, impacting investor sentiment. CoinShares, in its latest Digital Asset Fund Flows Weekly Report, revealed that digital assets collectively experienced outflows of $168 million over the past week, marking a two-week streak of declining investments. This negative sentiment can be attributed to the growing belief that the approval of a spot Bitcoin ETF will take longer than initially anticipated. However, amidst this turbulent market atmosphere, there is a glimmer of hope, especially after Grayscale’s win in its lawsuit against the SEC. The court acknowledged the SEC’s error in rejecting Grayscale’s bitcoin ETF application. This legal triumph could potentially inject some optimism back into the crypto market in the coming days. The fate of HBAR remains closely linked to Bitcoin’s performance, and uncertainties stemming from the SEC’s ETF delay continue to weigh on the broader cryptocurrency market. Grayscale’s legal victory, however, offers a ray of hope amidst the prevailing bearish sentiment. Meanwhile, traders and investors are advised to tread cautiously and monitor market developments closely. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from IntelligentHQ

Bullish XMR price prediction for 2023 is $168.9 to $205.6. Monero (XMR) price might reach $250 soon. Bearish XMR price prediction for 2023 is $104.7. In this Monero (XMR) price prediction 2023, 2024-2030, we will analyze the price patterns of XMR by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. TABLE OF CONTENTS INTRODUCTION Monero (XMR) Current Market Status What is Monero (XMR)? Monero (XMR) 24H Technicals MONERO (XMR) PRICE PREDICTION 2023 Monero (XMR) Support and Resistance Levels Monero (XMR) Price Prediction 2023 — RVOL, MA, and RSI Monero (XMR) Price Prediction 2023 — ADX, RVI Comparison of XMR with BTC, ETH MONERO (XMR) PRICE PREDICTION 2024, 2025, 2026-2030 CONCLUSION FAQ Monero (XMR) Current Market Status Current Price $144.31 24 – Hour Price Change 0.83% Up 24 – Hour Trading Volume $94,385,004 Market Cap $2,645,121,863 Circulating Supply 18,325,836 XMR All – Time High $517.62 (On May 08, 2021) All – Time Low $0.213 (On jan 15, 2015) XMR Current Market Status (Source: CoinMarketCap) What is Monero (XMR) TICKER XMR BLOCKCHAIN Monero blockchain CATEGORY Public blockchain platform LAUNCHED ON April 2014 UTILITIES Governance, Fast Transactions, gas fees & rewards Monero cryptocurrency (XMR) was established in 2014, which is open-source and focuses on privacy. Its blockchain is opaque, which makes transaction details and amounts anonymous by masking the addresses used by participants. Investors can mine Monero using their own CPUs, which means they don’t need to pay for special hardware. The mining process for Monero is based on an egalitarian concept where all are equal and deserve equal opportunities. Monero 24H Technicals (Source: TradingView) Monero (XMR) Price Prediction 2023 Monero (XMR) ranks 25th on CoinMarketCap in terms of its market capitalization. The overview of the Monero price prediction for 2023 is explained below with a daily time frame. XMR/USDT Ascending Triangle Pattern (Source: TradingView) In the above chart, Monero (XMR) laid out an Ascending Triangle. The ascending triangle is a characteristic pattern of an ongoing bullish trend. This triangle is formed by a horizontal upper trendline that connects the highs and the lower trendline that connects the rising lows. If the trend breakout at the resistance level, the price will continue to move up in this ascending triangle pattern. At the time of analysis, the price of Monero (XMR) was recorded at $144.31. If the pattern trend continues, then the price of XMR might reach the resistance levels of $173.3 and $283.3. If the trend reverses, then the price of XMR may fall to the support of $131.1, and $107.5. Monero (XMR) Resistance and Support Levels The chart given below elucidates the possible resistance and support levels of Monero (XMR) in 2023. XMR/USDT Resistance and Support Levels (Source: TradingView) From the above chart, we can analyze and identify the following as resistance and support levels of Monero (XMR) for 2023. Resistance Level 1 $168.9 Resistance Level 2 $205.6 Support Level 1 $133.5 Support Level 2 $104.7 XMR Resistance & Support Levels Monero (XMR) 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 Bitcoin (XMR) are shown in the chart below. XMR/USDT RVOL, MA, RSI (Source: TradingView) From the readings on the chart above, we can make the following inferences regarding the current Monero (XMR) market in 2023. INDICATOR PURPOSE READING INFERENCE 50-Day Moving Average (50MA) Nature of the current trend by comparing the average price over 50 days 50 MA = $155.9Price = $143.1 (50MA>Price) Bearish/Downtrend Relative Strength Index (RSI) Magnitude of price change;Analyzing oversold & overbought conditions 40.56 <30 = Oversold 50-70 = Neutral>70 = Overbought Nearly Oversold Relative Volume (RVOL) Asset’s trading volume in relation to its recent average volumes Below cutoff line Weak volume Monero (XMR) Price Prediction 2023 — ADX, RVI In the below chart, we analyze the strength and volatility of Monero (XMR) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI). XMR/USDT ADX, RVI (Source: TradingView) From the readings on the chart above, we can make the following inferences regarding the price momentum of Monero (XMR). INDICATOR PURPOSE READING INFERENCE Average Directional Index (ADX) Strength of the trend momentum 44 Strong Trend Relative Volatility Index (RVI) Volatility over a specific period 52.62 <50 = Low >50 = High High volatility Comparison of XMR with BTC, ETH Let us now compare the price movements of Monero (XMR) with that of Bitcoin (BTC), and Ethereum (ETH). BTC Vs ETH Vs XMR Price Comparison (Source: TradingView) From the above chart, we can interpret that the price action of XMR is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of XMR also increases or decreases respectively. Monero (XMR) Price Prediction 2024, 2025 – 2030 With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Monero (XMR) between 2024, 2025, 2026, 2027, 2028, 2029 and 2030. Year Bullish Price Bearish Price Monero (XMR) Price Prediction 2024 $252 $108 Monero (XMR) Price Prediction 2025 $264 $110 Monero (XMR) Price Prediction 2026 $276 $115 Monero (XMR) Price Prediction 2027 $288 $119 Monero (XMR) Price Prediction 2028 $290 $123 Monero (XMR) Price Prediction 2029 $302 $125 Monero (XMR) Price Prediction 2030 $314 $129 Conclusion If Monero (XMR) establishes itself as a good investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish Monero (XMR) price prediction for 2023 is $205.6. Comparatively, if unfavorable sentiment is triggered, the bearish Monero (XMR) price prediction for 2023 is $104.7. If the market momentum and investors’ sentiment positively elevate, then Monero (XMR) might hit $250. Furthermore, with future upgrades and advancements in the Monero ecosystem, XMR might surpass its current all-time high (ATH) of $517.62. and mark its new ATH. FAQ 1. What is Monero (XMR)? Monero is a privacy-centric cryptocurrency based on the CryptoNote protocol, which is a secure, private and undetectable currency system. 2. Where can you buy Monero (XMR)? Traders can trade Monero (XMR) on the following cryptocurrency exchanges such as Binance, OKX, Deepcoin, Bybit, and Bitrue. 3. Will Monero (XMR) record a new ATH soon? With the ongoing developments and upgrades within the Monero platform, Monero (XMR) has a high possibility of reaching its ATH soon. 4. What is the current all-time high (ATH) of Monero (XMR)? Monero (XMR) hit its current all-time high (ATH) of $517.62 on May 08, 2021. 5. What is the lowest price of Monero (XMR)? According to CoinMarketCap, XMR hit its all-time low (ATL) of $0.213 On Jan 15, 2015. 6. Will Monero (XMR) hit $250? If Monero (XMR) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $250 soon. 7. What will be the Monero (XMR) price by 2024? Monero (XMR) price might reach $252 by 2024. 8. What will be the Monero (XMR) price by 2025? Monero (XMR) price might reach $264 by 2025. 9. What will be the Monero (XMR) price by 2026? Monero (XMR) price might reach $276 by 2026. 10. What will be the Monero (XMR) price by 2027? Monero (XMR) price might reach $288 by 2027. Top Crypto Predictions Polkadot (DOT) Price Prediction 2023, 2024, 2025-2030 Ethereum (ETH) Price Prediction 2023, 2024, 2025-2030 Binance Coin (BNB) Price Prediction 2023, 2024, 2025-2030 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.

Ripple Labs has initiated the strategy release of 1B XRP from its escrow accounts, worth over $510M. The XRP saw a minimal impact on price down by 3.50% over the past 24 hours. In a strategic move aimed at maintaining the liquidity of the XRP cryptocurrency, Ripple Labs has released a total of one billion XRP coins from its escrow accounts. The release was executed in four transactions, with the overall transferred XRP valued at $510 million. According to popular blockchain tracker Whale Alert, the transactions occurred on September 1 at 12:00 a.m. (UTC), with the first transaction seeing the unlocking of 300 million XRP tokens. Subsequent transactions included the release of 100 million XRP in the second, 200 million XRP in the third, and an impressive 400 million XRP in the final transaction. XRP Coins Unlock (Source: Whale Alert Telegram Group) The phased release of XRP from escrow is part of Ripple’s strategy to maintain a balanced circulation of the cryptocurrency, thereby preventing any drastic downfall. Ripple Labs introduced the process of locking XRP in escrow accounts back in 2017 as a means to ensure controlled distribution. This method involved a gradual monthly release of one billion tokens over a span of 55 months. As per this schedule, the final transaction is anticipated to be made available by December 2023. Out of the total supply of 99,988,458,761 XRP, approximately 52,977,697,600 XRP, equivalent to about 47%, are currently in circulation. XRP’s Price Reaction Notably, this recent escrow release has demonstrated limited impact on the XRP price. Currently, XRP is trading at $0.5093, reflecting a 3.50% decrease over the past 24 hours. This price dip coincides with a broader trend of price decline affecting several major cryptocurrencies in the market. The SEC’s decision to delay the Bitcoin ETF until October additionally contributed to the decline in the crypto market. XRP (XRP) Price Chart (Source: TradingView) In terms of its moving averages, XRP’s current outlook reveals an upward track relative to its 200-day moving average (MA), though it remains below its 50-day MA. The Relative Strength Index (RSI) for XRP stands at 34.21, indicating an oversold condition. If the bearish sentiment continued, XRP’s price could potentially plummet to support levels of $0.4538. Or even further down to $0.3275. Conversely, if bullish momentum takes charge, XRP’s value could surge to $0.5837 and potentially reach as high as $0.9421. What do you think about Ripple’s release of one billion XRP, and how would it impact the XRP’s price in the future? Tweet to us at @The_NewsCrypto and let us know your thoughts. Recommended for you XRP (XRP) Price Prediction 2023

The Monetary Authority of Singapore recently unveiled its Stablecoin Regulatory Framework to strong international reception, buttressing the nation-state’s prominence as a cornerstone of the blockchain industry. It is thus befitting that Singapore has been selected as the venue of choice for the inaugural Stablecoin Summit, set to take place at Raffles Hotel Singapore on September 15, 2023. Organized by XREX and the Unitas Foundation, this trailblazing event focuses on exploring the transformative potential stablecoins bring to fintech, cross-border, and business-to-business (B2B) payments, with the aim to catalyze innovation and foster collaborations within the financial landscapes in Singapore and beyond, right on the heels of TOKEN2049. Expect influential thought leaders such as Cynthia Wu (co-founder & COO, Matrixport), Lennix Lai (Global Chief Commercial Officer, OKX), and Hassan Ahmed (Country Director of Singapore, Coinbase) to debate the practical implementation of digital currencies for institutions, cross-border merchants, small business owners, and how this impacts the lives of the everyday consumer. Be part of the conversation with leading stablecoin providers and protocols, such as Circle, CELO, Mento Labs, Unitas, and Goldfinch. “XREX is proud to bring this summit to life with partners and speakers from organizations who share our vision of stablecoin adoption in real-world use cases,” said Wayne Huang, co-founder and CEO of XREX, a blockchain-enabled financial institution focusing on emerging markets like India. “We’ve seen first-hand how stablecoin payments have solved USD liquidity issues and helped small and medium enterprises and merchants access the global market. We believe stablecoins will be the next trillion-dollar industry.” Less than a decade ago, the notion of sending billions of dollars internationally without a trusted third party was regarded as untenable. Sceptical voices believed sending large sums for just a few cents in fees was nothing more than a pipedream. Fast forward to today, the landscape looks diametrically different, with individuals, businesses, banks, and governments all have access to stable, reliable, and trustless transactions at almost any size – thanks to stablecoins. “The Stablecoin Summit in Asia is timely given the recent policy developments in Singapore, Japan, Hong Kong, and around the world,” said Yam Ki Chan, Vice President, Strategy and Policy for Circle. “As the issuer of USDC, one of the most trusted digital dollars, we are excited to participate in the event that brings together leaders from diverse sectors to reshape the global financial landscape.” “ADDX is at the intersection of traditional finance and blockchain technology and we are honored to share our take at this Summit on the potential benefits and challenges of tokenizing real-world assets on blockchain,” said Inmoo Hwang, Co-Founder and Chief Operating Officer, ADDX, a global private market exchange regulated by the Monetary Authority of Singapore. “We look forward to being a part of a cross-industry discussion that will take into account different regulatory environments and economic contexts.” As a premier knowledge-sharing and networking platform, Stablecoin Summit is proud to include association partners such as Blockchain Association Singapore and Taiwan Fintech Association, bringing life to ideas and discussions such as: Design & Use Cases of Stablecoins Cross-border payments Compliance & Regulation Tokenized T-Bills and other Real World Assets Real World Adoption Impact on Banking & other sectors Incentivising institutional adoption Global Outlook & Future Developments About the organizers: XREX is a blockchain-enabled financial institution working with banks, regulators and users to redefine banking together. XREX provides enterprise-grade banking services to small to medium-sized businesses (SMBs) in or dealing with emerging markets, and novice-friendly financial services to individuals worldwide. Unitas Foundation is the team behind Unitas Protocol, which defines a new stablecoin category — unitized stablecoins. These serve as units of account representing emerging market currencies. Unitas’ unitized stablecoins are over-reserved with exogenous USD stablecoins (e.g., USDT, USDC, Dai), thereby providing transaction ease and efficiency for people in emerging markets while secured by underlying USD stablecoin value. For press and media enquiries, please contact: Yoyo Yu Fred Lai [email protected] | Telegram: @CWYoyoyu [email protected] | Telegram: @efflai 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.

Ethereum (ETH) has shown a decline of over 3% in the last 24 hours. ETH is back in the bearish zone as its current price is trading below the 50 EMA. Ethereum (ETH), the second-largest cryptocurrency, has dropped below $1700 again, with a decline of over 3% in the last 24 hours. ETH has been oscillating between $1600 and $1700 for the past few weeks. However, it exceeded $1700 last week. Ethereum has traded around $1600 for the past few weeks. On August 29, ETH experienced a sudden price surge, surpassing $1700. ETH has traded above $1700 with an uptrend for a few days, reaching $1741. However, the price surge didn’t last for long. Ethereum has shown a downward trend again, resulting in a price drop below the $1700 mark. Ethereum (ETH) Back to Bearish Momentum At the time of writing, Ethereum has been trading at $1,649, with a decline of over 3.04% in the last 24 hours. However, the daily trading volume of ETH has experienced a surge of 45.67%, according to CoinMarketCap. Ethereum (ETH) Daily Trading Price Chart (Source: TradingView) The daily trading chart shows that Ethereum is back in the bearish zone as its current price is trading below the 50-day exponential moving average (50 EMA). Meanwhile, the daily relative strength index (RSI) is at 32.50, denoting the largest altcoin’s position on the border of the oversold zone. If the current trend reverses, ETH will experience a bullish rally to surpass the $1700 mark again. If the momentum continues, it will breach $1750 and even advance to surpass the $1800 level. On the other hand, there is a possibility that Ethereum will experience a further downtrend. If it occurs, the price will breach the nearest support level of $1600. In a worst-case scenario, the downtrend will potentially bring it below $1540. Do you think ETH will break the bearish momentum soon? Tweet to us at @The_NewsCrypto and let us know your thoughts.

Bullish TRX price prediction for 2023 is $0.08477 to $0.10367. TRON (TRX) price might reach $250 soon. Bearish TRX price prediction for 2023 is $0.05857. In this TRON (TRX) price prediction 2023, 2024-2030, we will analyze the price patterns of TRX by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. TABLE OF CONTENTS INTRODUCTION TRON (TRX) Current Market Status What is TRON (TRX)? TRON (TRX) 24H Technicals TRON (TRX) PRICE PREDICTION 2023 TRON (TRX) Support and Resistance Levels TRON (TRX) Price Prediction 2023 — RVOL, MA, and RSI TRON (TRX) Price Prediction 2023 — ADX, RVI Comparison of TRX with BTC, ETH TRON (TRX) PRICE PREDICTION 2024, 2025, 2026-2030 CONCLUSION FAQ TRON (TRX) Current Market Status Current Price $0.07718 24 – Hour Price Change 1.60% Up 24 – Hour Trading Volume $197,127,294 Market Cap $6,894,291,753 Circulating Supply 89,325,630,387 TRX All – Time High $0.3004 (On Jan 05, 2018) All – Time Low $0.001091 (On Sep 15, 2017) TRX Current Market Status (Source: CoinMarketCap) What is TRON (TRX) TICKER TRX BLOCKCHAIN TRON CATEGORY Blockchain based digital platform LAUNCHED ON September 2017 UTILITIES Governance, Fast Transactions, gas fees & rewards TRON (TRX) exists as the native crypto coin on the TRON blockchain. TRON was founded by Justin Sun and is managed by the TRON Foundation. Initially, TRX was launched as an ERC-20 token on the Ethereum blockchain in 2017. Later in 2018, TRX migrated onto its native blockchain. TRON blockchain runs based on the delegated proof-of-stake (DPoS) consensus mechanism. TRON (TRX) is utilized as a governance token on the blockchain granting voting rights. It is also deployed as credit card payments too. Even more, TRX continues to stay as a potential payment option for content creators. TRON 24H Technicals (Source: TradingView) TRON (TRX) Price Prediction 2023 TRON (TRX) ranks 10th on CoinMarketCap in terms of its market capitalization. The overview of the TRON price prediction for 2023 is explained below with a daily time frame. TRX/USDT Horizontal Channel Pattern (Source: TradingView) In the above chart, TRON (TRX) laid out a horizontal channel. A horizontal channel or sideways trend has the appearance of a rectangle pattern. It consists of at least four contract points. This is because it needs at least two lows to connect, as well as two highs. Horizontal channels provide a clear and systematic way to trade by providing buy and sell points. The longer the horizontal channel, the stronger the exit movement will be. There is frequently a price on the channel after exit. the exit often occurs at the fourth contact point on one of the horizontal channel’s lines. At the time of analysis, the price of TRON (TRX) was recorded at $0.07718. If the pattern trend continues, then the price of TRX might reach the resistance levels of $0.08574 and $0.14926. If the trend reverses, then the price of TRX may fall to the support of $0.06526, and $0.04957. TRON (TRX) Resistance and Support Levels The chart given below elucidates the possible resistance and support levels of TRON (TRX) in 2023. TRX/USDT Resistance and Support Levels (Source: TradingView) From the above chart, we can analyze and identify the following as resistance and support levels of TRON (TRX) for 2023. Resistance Level 1 $0.08477 Resistance Level 2 $0.10367 Support Level 1 $0.07182 Support Level 2 $0.05857 TRX Resistance & Support Levels TRON (TRX) 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 Bitcoin (TRX) are shown in the chart below. TRX/USDT RVOL, MA, RSI (Source: TradingView) From the readings on the chart above, we can make the following inferences regarding the current TRON (TRX) market in 2023. INDICATOR PURPOSE READING INFERENCE 50-Day Moving Average (50MA) Nature of the current trend by comparing the average price over 50 days 50 MA = $0.07839Price = $0.07682 (50MA>Price) Bearish/Downtrend Relative Strength Index (RSI) Magnitude of price change;Analyzing oversold & overbought conditions 49.75 <30 = Oversold 50-70 = Neutral>70 = Overbought Nearly Oversold Relative Volume (RVOL) Asset’s trading volume in relation to its recent average volumes Below cutoff line Weak volume TRON (TRX) Price Prediction 2023 — ADX, RVI In the below chart, we analyze the strength and volatility of TRON (TRX) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI). TRX/USDT ADX, RVI (Source: TradingView) From the readings on the chart above, we can make the following inferences regarding the price momentum of TRON (TRX). INDICATOR PURPOSE READING INFERENCE Average Directional Index (ADX) Strength of the trend momentum 10.12554 Weak Trend Relative Volatility Index (RVI) Volatility over a specific period 68.31 <50 = Low >50 = High High volatility Comparison of TRX with BTC, ETH Let us now compare the price movements of TRON (TRX) with that of Bitcoin (BTC), and Ethereum (ETH). BTC Vs ETH Vs TRX Price Comparison (Source: TradingView) From the above chart, we can interpret that the price action of TRX is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of TRX also increases or decreases respectively. TRON (TRX) Price Prediction 2024, 2025 – 2030 With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of TRON (TRX) between 2024, 2025, 2026, 2027, 2028, 2029 and 2030. Year Bullish Price Bearish Price TRON (TRX) Price Prediction 2024 $0.52 $0.08 TRON (TRX) Price Prediction 2025 $0.64 $0.1 TRON (TRX) Price Prediction 2026 $0.76 $0.15 TRON (TRX) Price Prediction 2027 $0.88 $0.19 TRON (TRX) Price Prediction 2028 $0.90 $0.23 TRON (TRX) Price Prediction 2029 $1.02 $0.25 TRON (TRX) Price Prediction 2030 $1.14 $0.29 Conclusion If TRON (TRX) establishes itself as a good investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish TRON (TRX) price prediction for 2023 is $0.10367. Comparatively, if unfavorable sentiment is triggered, the bearish TRON (TRX) price prediction for 2023 is $0.05857. If the market momentum and investors’ sentiment positively elevate, then TRON (TRX) might hit $0.5. Furthermore, with future upgrades and advancements in the TRON ecosystem, TRX might surpass its current all-time high (ATH) of $0.3004. and mark its new ATH. FAQ 1. What is TRON (TRX)? TRON (TRX) exists as the native crypto coin on the TRON blockchain. TRON was founded by Justin Sun and is managed by the TRON Foundation. 2. Where can you buy TRON (TRX)? Traders can trade TRON (TRX) on the following cryptocurrency exchanges such as Binance, KuCoin,Gate.io, LBank, FTX. 3. Will TRON (TRX) record a new ATH soon? With the ongoing developments and upgrades within the TRON platform, TRON (TRX) has a high possibility of reaching its ATH soon. 4. What is the current all-time high (ATH) of TRON (TRX)? TRON (TRX) hit its current all-time high (ATH) of $0.3004 on Jan 05, 2018. 5. What is the lowest price of TRON (TRX)? According to CoinMarketCap, TRX hit its all-time low (ATL) of $0.001091 On Sep 15, 2017. 6. Will TRON (TRX) hit $0.5? If TRON (TRX) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $0.5 soon. 7. What will be the TRON (TRX) price by 2024? TRON (TRX) price might reach $0.52 by 2024. 8. What will be the TRON (TRX) price by 2025? TRON (TRX) price might reach $0.64 by 2025. 9. What will be the TRON (TRX) price by 2026? TRON (TRX) price might reach $0.76 by 2026. 10. What will be the TRON (TRX) price by 2027? TRON (TRX) price might reach $0.88 by 2027. Top Crypto Predictions Polkadot (DOT) Price Prediction 2023, 2024, 2025-2030 Ethereum (ETH) Price Prediction 2023, 2024, 2025-2030 Binance Coin (BNB) Price Prediction 2023, 2024, 2025-2030 Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

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