Bearish Analysts Expect a Bitcoin Price Drop to $2,800 124

Depending on whom you pose the question to, Bitcoin will either rebound or meet its demise. As of right now, some analysts are convinced the Bitcoin price will drop well below $5,000 pretty soon. If Market Securities Dubai’s Paul Day is to be believed, we will hit $2,800 in the not so distant future.

The Bitcoin Price Decline So Far

Anyone who has paid attention to Bitcoin this year may have noticed a peculiar trend. After hitting nearly $20,000 in late 2017, that same Bitcoin is now worth just over $8,200. Such a price trend is not uncommon in the world of cryptocurrency, though. The Bitcoin price goes through a bearish cycle virtually every year. Each time this happens, the value retraces from an all-time high by up to 90%. Right now, we are looking at a 53% decline with little improvement in sight.

Despite this negative trend, some speculators remain optimistic. John McAfee is a permabull when it comes to the Bitcoin price. His prediction of a value of $500,000 in the next two years still holds true to this date. Whether or not such a price goal is even remotely possible, is a different matter altogether. It will depend on merchant adoption, payment integrations, and new regulatory measures being deployed all over the world.

Speaking of regulation, things remain uncertain in this regard. South Korea still keeps an open mind, which is good to see. Additionally, we see India contemplating regulation of cryptocurrencies, yet no one knows how things will play out. In the US, cryptocurrency remains largely unregulated as well. The European Central Bank has no intention of intervening in this regard, which is rather interesting. A mixed bag of regulatory measures, as one would come to expect at this point.

The Bearish Bitcoin Price Outlook

Despite there being no real reason for it, the Bitcoin price is still struggling for traction. Bloomberg analysts are concerned this may only be the beginning “of the end”. More specifically, a prediction is made which puts the Bitcoin price at $2,800 in the very near future. This trend is known as a “death cross”, although it remains to be seen how things will play out.

According to the analysts, the chart trend paints a worrisome outlook. The “bubble” of 2017 has triggered a massive sell-off, although this trend could have materialized without such a big bull run last year as well. Market Securities Dubai’s Paul Day fears a  major Bitcoin price dip is looming just ahead. That is, assuming the current trends of 2018 will continue to repeat themselves in the coming weeks and months.

This prediction does not take any of the positive Bitcoin developments into account, though. A lot of things are happening behind the scenes. All of those developments can have a positive impact on the Bitcoin price in the long run. Charting and technical analysis are valuable tools, but they only tell part of the story. For now, we have to wait and see where the Bitcoin price will head during the remainder of 2018.

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Satoshiverse brings their epic comic characters to Quidd 3063

1 2022 08 02 в 11 26 44

Aug 1st, 2022, New York – Quidd is proud to announce the newest collection of Mintable NFTs with the epic NFT comic universe Satoshiverse. The Satoshiverse is a comic NFT collaboration between premiere metaverse studio Apollo Entertainment and legendary DC and Marvel comic artist and creator of the first NFT comic book, Jose Delbo. It tells the story of the half-man, half-machine hero, Satoshi The Creator, and his quest to save the world from the Defenders of Fiat and the many other foes attempting to strip the people of their freedom. Together, Apollo Entertainment and Delbo are creating a universe of blockchain themed superheroes that will change the way comic storytelling is told through gamification and Web 3 technology.

In a first appearance with Quidd, on August 5, 2022, the Satoshiverse will be launching a collection of interactive, 3D augmented reality-enabled digital figurines NFTs featuring the heroes of the Apemo Army – a team of half man, half animal superheroes lead by Captain Apemo, Delbo’s superhero creation based on his Bored Ape Yacht Club ape. Through Quidd’s Mintables technology, collectors can buy into the collection with fiat and then mint their items seamlessly on-chain, with no crypto required.

Ranking award holders from the Satoshiverse x Quidd collection will unlock access and discounts to Satoshiverse’s much anticipated Apemo Army avatar mint, dropping August 22, 2022. To earn these awards, collectors will compete to collect these 3D heroes across all color rarities which will be tracked on a leaderboard. The top 10 ranking collectors on the leaderboard will earn a Gold Captain Apemo digital figurine mintable NFT and free minting for the Apemo Army avatar collection. Spots 11-50 are awarded a Silver Captain Apemo digital figurine mintable NFT and a 50% discounted mint. And spots 51-200 will win a Color Captain Apemo digital figurine mintable NFT and a 20% discounted mint.

The Satoshiverse x Quidd collection drops on August 5th, 2022. The later avatar collection will give collectors exclusive early access to Apollo Entertainment’s much anticipated Satoshi’s Legions play and earn video game.

About Satoshiverse

The Satoshiverse is an epic comic NFT collaboration between premiere metaverse studio Apollo Entertainment and legendary DC and Marvel comic artist and creator of the first NFT comic book, Jose Delbo. It tells the story of the half man, half machine hero, Satoshi The Creator and his quest to save the world from the Defenders of Fiat and the many other foes who are attempting to strip the people of their freedom.

The Satoshiverse combines the work of some of the best 2D and 3D artists in the space to create a blockchain based superhero universe with the goal of changing the way comic art is consumed by creating engaging gamified storytelling experiences. After the successful release of its avatar collection “Satoshi’s Legions – The Legionnaires” in November of 2021, Apollo Entertainment and Delbo are at it again with the release of a new high fidelity animated 3D avatar collection called “the Apemo Army” which introduces to the Satoshiverse Delbo’s beloved character Captain Apemo and the part human part animal heroes that form his army. Set to be released on August 22, 2022, the collection will give collectors exclusive early access to Apollo Entertainment’s much anticipated Satoshi’s Legions play and earn video game, which the Apollo Entertainment team is developing in Unreal Engine 5 and is set to be released in Alpha in December 2022. To learn more about Apollo Entertainment’s new collection visit: https://www.satoshiverse.io/apemo-army

About Apollo Entertainment

Apollo Entertainment is a premier NFT and metaverse consulting, curation, and production firm. Through its consulting arm, Apollo Entertainment provides consulting, management, and promotional services to top artists and brands wishing to enter the NFT space or improve their NFT offerings. A veteran of the NFT industry, Apollo NFT has consulted on some of the most significant NFT releases to date. Through its production arm, Apollo Entertainment works with artists and brands to produce top-quality art NFTs taking advantage of the latest technologies. This allows Apollo Entertainment to be a true 360 NFT and metaverse solution for artists and brands alike.

About Quidd

Quidd, a subsidiary of Animoca Brands, is the original digital collectibles and NFT marketplace. Since 2016, Quidd has worked with the world’s most prominent brands, including Disney, HBO, Funko, and over 300 others, to bring fan-first collecting to digital and blockchain platforms. The Quidd marketplace is the most innovative, robust, and accessible platform for digital and NFT collecting experiences.

Website | Twitter (QUIDD Token) | Twitter (Quidd Platform) | Discord | Telegram | Medium

About Animoca Brands

Animoca Brands, a Deloitte Tech Fast winner and ranked in the Financial Times list of High Growth Companies Asia-Pacific 2021, is a leader in digital entertainment, blockchain, and gamification that is working to advance digital property rights and contribute to the establishment of the open metaverse. The company develops and publishes a broad portfolio of products including the REVV token and SAND token; original games including The Sandbox, Crazy Kings, and Crazy Defense Heroes; and products utilizing popular intellectual properties including Disney, WWE, Snoop Dogg, The Walking Dead, Power Rangers, MotoGP™, and Formula E. It has multiple subsidiaries, including The Sandbox, Blowfish Studios, Quidd, GAMEE, nWay, Pixowl, Forj, Lympo, Grease Monkey Games, Eden Games, Darewise, Notre Game, and TinyTap. Animoca Brands has a growing portfolio of more than 340 investments, including Colossal, Axie Infinity, OpenSea, Dapper Labs (NBA Top Shot), Yield Guild Games, Harmony, Alien Worlds, Star Atlas, and others. For more information visit www.animocabrands.com or follow on Twitter or Facebook​.
​
Contacts:
Quidd: [email protected]
Apollo: [email protected]

Why Is Alchemy Pay (ACH) On The Rise? 2783

July has seen a jump in crypto prices, and none more so than the utility token of Alchemy Pay, ACH.

ACH saw a 43% increase in just 24 hours on July 20th, making it crypto’s biggest gainer. ACH has also broken into the TOP 10 most searched tokens on almost every crypto site over the past two weeks, including Coingecko and Coinmarketcap. The ACH token has seen so much interest that Binance is now supporting it for margin trading – unusual for a project of Alchemy Pay’s size.

Alchemy Pay is a Singapore-based payment provider addressing some of the industry’s biggest barriers to entry with its crypto on/off ramp payment plugins, as well as its crypto acceptance for merchants and businesses.

ACH Listed On Binance US, Crypto.com & KuCoin

Part of the reason for the impressive price action is the token’s recent listings on Binance US, Crypto.com (website and app), KuCoin, and Kraken. As well as its availability across the world’s largest exchanges, ACH can now be staked on Binance and KuCoin, meaning the token is able to bring generous yields to its long-term investors.

Alchemy Pay’s sizable online community has doubled in less than 12 months and now stands at around 200,000. The rapid growth demonstrates the momentum of the project, as do its partnerships with the many of crypto’s biggest layer-1 chains.

Alchemy Pay (ACH) Partnerships

Alchemy Pay has been partnering with the world largest payment providers, remittance firms, and blockchain projects (think Avalanche, Polygon, VeChain, Algorand, Binance) but the market downturn since November last year has been suppressing the price. After all their progress however, ACH is set to outperform the rest of the market on green days.

Alchemy Pay has also integrated with Binance Pay and Crypto.com Pay to become one of the payment partners facilitating the apps so that users can use their crypto funds for real-world payments, both in-store and online.

ACH Crypto Payment Solutions

There is also excitement surrounding the crypto ramp payment solutions that Alchemy Pay is now beginning to widely integrate into web3 and crypto platforms. Onboarding users via payments with their own local currency has been challenging for these platforms, particularly those in their more nascent stages. To bring newcomers to blockchain gaming, NFTs, metaverses, socialfi, and DeFi though, it is necessary to enable the purchase of crypto using fiat funds. Alchemy Pay’s ramps do just that, by providing a simple and direct way to buy crypto with debit and credit cards, local mobile wallets, and bank transfers.

The plugins also offer off-ramping facilities by remitting funds to any Mastercard and Visa card in the world, and to users’ bank accounts in 50+ local currencies.

ACH on Ethereum and Binance Smart Chain

ACH is available as an ERC20 token on Ethereum and, since January it has been available on Binance Smart Chain as a BEP20 token.

CES 2022: CoolBitX Unveils New CoolWallet Pro NFT features for Pioneering DeFi Hardware Wallet at TTA Pavilion 3133

Crypto security pioneer CoolbitX has announced that it is debuting at CES 2022 the new in-app integrated non-fungible tokens (NFT) functions for its flagship CoolWallet Pro, the leading DeFi-focused mobile cold wallet with a credit card form factor at CES 2022.

The CoolWallet upgrade includes integrated support for the world’s leading NFT marketplaces OpenSea and Rarible and a daring metaverse-focused innovation lab comes in response to the growing evolution of digital assets in 2021, and positions it well for the expected boom in new NFT applications to be used across DeFi, GameFi, Web 3.0 and metaverse protocols in 2022.

CoolWallet Pro Answers Rising Demand for Opensea and Rarible NFTs

Launched in 2016, CoolbitX’s flagship product, CoolWallet allows users to not only safely store an ever-growing portfolio of elite digital assets, but to also interact with an integrated in-app marketplace that provides access to the world’s best decentralized finance protocols and exchanges, and the unique services they provide, such as DeFi staking, borrowing and lending.

NFTs have enjoyed incredible mainstream adoption and pop culture success in 2021, with projects like Bored Ape Yacht Club (BAYC), NBA TopShots, and CryptoPunks generating millions in revenue and aligning with some of the world’s biggest brands such as Nike, Visa and Adidas. There is no question anymore that NFTs serve as a bridge between real-world and digital asset ownership. Practical enterprise applications and use-cases available across a variety of exciting new industries such as metaverse, Play-to-Earn (P2E) and Play-to-Learn (P2L) gaming are widely expected for 2022.

As such, CoolWallet Pro is now offering mobile in-app integrated NFT functions, which features support for leading NFT marketplaces such as OpenSea and Rarible. It not only benefits original CoolWallet users but also serves as an accessible portal to bring new audiences from outside the crypto space to participate in the industry.

“We have been committed to our mission of fostering the mass adoption of crypto assets since 2014, when we began work on the world’s first Bitcoin mobile hardware wallet. NFT support on the CoolWallet will help to seamlessly blend our users’ physical and virtual worlds, empowering them to manage and protect both their crypto assets and digital collectibles with confidence. At the same time, it opens the doors to limitless partnership opportunities with NFT creators and we look forward to many more exciting projects to come,” says Michael Ou, CEO and Founder of CoolBitX.

CoolWallet Pro supports more currencies

CoolWallet Pro users can earn passive income on their DeFi (decentralized finance) assets such as Polkadot (DOT), Cosmos (ATOM), and Tron (TRX), with support for Cardano (ADA), Polygon (MATIC), Solana (SOL), and other leading currencies in the pipeline.

This comes in addition to its existing native support of BTC, ETH, LTC, XRP, BCH, ZEN, BNB, DOT, ATOM, TRX, USDT, USDC, and ERC20, BEP20, and TRC20 tokens.

CoolBitX to make NFTs securely accessible to all

In the meantime, CoolBitX is exploring possibilities to attract audiences outside the crypto space through the newly launched “CoolBitX Innovation Lab”. It introduced its first ‘metaverse-like’ project, NAO NFT, which brings together the virtual and physical worlds through an exclusive collaboration with Jinguji Nao, a Japanese adult film actress.

The NAO NFT project includes four special auction items and limited blind box offerings that will be sold through the CoolBitX Innovation Lab project site. Each NAO NFT pack comes with a threefold surprise — an exclusive NFT; a dedicated Nao version CoolWallet Pro hardware wallet, and a possible mystery prize from Nao herself.

For many creators looking to enter the crypto industry, entry barriers are high and also require potential collectors to understand the value of this new form of content creation.

However, CoolWallet’s unique design provides a tangible aspect to the collector, which may be more familiar and hence more viable for mass-market adoption, whilst at the same time safe keeping the consumer’s digital assets and NFT collection.

About CoolBitX Ltd. (CBX)

Founded in 2014 by Michael Ou and backed by SBI Holdings, CoolBitX is a global blockchain security company building the next-generation infrastructure necessary to maximize digital asset adoption.

CoolBitX provides solutions for a rapidly changing blockchain industry in order to foster the mass adoption of virtual assets through its two product lines: CoolWallet and Sygna.

CoolWallet is a credit card-sized hardware wallet range that allows for Bluetooth-enabled pairing with users’ mobile phones. The Sygna line of regulatory compliance products is tailored toward Virtual Asset Service Providers (VASPs), simplifying the compliance efforts of VASPs through the use of effective and secure technology.

Blockchain Labs Invests in the TOPL Ecosystem 3136

Blockchain Labs is proud to announce that they have made one of their most exciting and significant moves as an investment firm to date, through a strategic investment in the TOPL Blockchain ecosystem.

TOPL is a Layer 1 Blockchain ecosystem that has raised $15 million in Series A funding. The fund was co-led by investors Mercury Fund, Republic Asia, Cryptology Asset Group and Blockchain Labs. TOPL prides itself on being the creator of the world’s only blockchain built to drive impact initiatives and sustainable transformation for companies across the world. They have helped track and monetize a variety of products across the globe including conflict-free diamonds, ethically sourced coffee, and fair-wage cocoa. TOPL as a blockchain has also helped measure and verify water usage in industrial processes and confirmed the cold chain for COVID-19 test kits. Beyond its core blockchain protocol, TOPL also offers services that include a Blockchain-as-a-Service (BaaS) solution and software development kits (SDKs), equipping users and technology partners with simplified tools to drastically cut certification costs and create trust and transparency around impact and sustainability initiatives. By the end of this year, Topl expects to have about 40 to 50 projects launched on-chain and set a goal of at least 100 applications launched by next year.

Blockchain Labs has been following TOPL’s development for a while and have had the privilege of getting to know the team over the investment process. They believe that TOPL fits perfectly into their portfolio as they resonate with them in regards to their vision for the future and their values as a whole. Blockchain Labs believes the vision will pioneer growth and solve challenges yet to be solved, which is more than suitable for their investment thesis. They also believe that the TOPL team’s expertise and knowledge, as well as their determination to facilitate widespread adoption, will create a formula for success that they are eager to be a part of.

Blockchain Labs is excited to embark on this journey with the TOPL team and cannot wait to see what the future holds for this project.

About Topl

Topl, Inc., is a Houston-based venture-backed ESG technology company developing a purpose-built blockchain ecosystem to prove a company’s ethical and sustainable business practices. Founded in 2017, Topl empowers companies to drastically cut operational and certification costs, through the use of their purpose-built blockchain technology. www.topl.co

About Blockchain Labs

Blockchain Labs is a venture capital fund that was built with the purpose of fostering innovation in the Web3 space, specifically innovation that seeks to revolutionize and improve the world for current and future generations. Blockchain Labs has a well-equipped team that provides hands-on assistance to portfolio companies to ensure success. www.blockchainlabs.xyz

TRON’s Mission to Create an Internet for All, Defining Decentralization 3258

1 2022 07 27 в 19 15 36

Geneva, Switzerland / July 27 / – TRON was established in 2017 with the vision to decentralize the web, and it has aligned its mission to follow that purpose over the last five years.

For most blockchains, decentralization is a central theme. It’s a form of administration that delegates power to individuals; as a result, users are able to contribute to and own a piece of the network.

The four elements of TRON’s decentralized architecture are the protocol, nodes, assets, and dApps. Decentralization encourages putting the power in the hands of the people, which is why TRON took its commitment to decentralization to the next stage in December 2021, by dissolving its foundation and establishing itself as a community-governed Decentralized Autonomous Organization (DAO).

Decentralization of the Protocol

TRON aims to empower developers and users to create and share content without limitations. It uses the Delegated Proof-of-Stake (DPoS) consensus mechanism to manage its blockchain. Only elected nodes can approve transaction blocks, unlike a PoS system, which allows anybody with enough assets staked to do so. This structure enables users to safeguard the network by delegating their staked assets through a mechanism of incentives.

Every blockchain network uses a consensus mechanism, and DPoS is one of the most efficient consensus algorithms available. DPoS consumes less energy and completes transactions faster than PoW (Proof-of-Work) or traditional PoS systems. Every six hours, the TRON community elects 27 block validators to serve as “Super Representatives” (SRs) in the ecosystem.

Due to the numerous advantages, many blockchains have transitioned to a DPoS mechanism to power their networks. Regardless of the amount of staked TRX or how many votes SRs receive, each SR has identical voting power on the TRON network, ensuring that the governing percentage per SR is equally balanced.

Decentralization of Nodes

Nodes are the foundation of every blockchain network. As a result, any examination of decentralization must evaluate them. TRON’s geographical diversity in nodes makes it more secure and durable.

Decentralization of Assets

The distribution of native assets, as well as their availability, also contributes to the blockchain’s decentralization. The amount of TRX wallets has risen at a tremendous pace with a 134% increase in one year, from about 26 million in July 2021 to over 61 million by July 2022. The network’s popularity and user base grow with more TRON wallet users and will continue to contribute to the network’s decentralization. Today there are over 100 million user accounts on the network, and the number of users is growing daily.

Decentralization of dApps

The number of dApps, smart contracts, and users is also noteworthy for decentralization. The TRON Grand Hackathon is an outstanding opportunity for budding entrepreneurs and their ideas to grow the TRON network. The various projects submitted during the Hackathon contribute to the diversification of the ecosystem by providing numerous dApps that continue to develop it.

To learn more about TRON’s decentralization and review what the historical data shows, read the “A Deep Dive Into Decentralization” report on https://trondao.org/blog/.

About TRON DAO

TRON is dedicated to accelerating the decentralization of the internet via blockchain technology and decentralized applications (dApps). Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of July 2022, it has over 104 million total user accounts on the blockchain, more than 3.6 billion total transactions, and over $11 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently, the over-collateralized decentralized stablecoin USDD was launched on the TRON blockchain, backed by the first-ever crypto reserve for the blockchain industry – TRON DAO Reserve, marking TRON’s official entry into decentralized stablecoins.

TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum

Media Contact
Feroz Lakhani
[email protected]

Polygon announced as the title sponsor of this year’s Crypto Fest 2022 3168

Bitcoin Events has announced Polygon as the title sponsor of Crypto Fest 2022 hybrid edition. Polygon is a decentralized Ethereum scaling platform that enables developers to build scalable, user-friendly DApps with low transaction fees and without sacrificing security. Over 20,000 DApps have used the Polygon platform to scale their applications.

Polygon is committed to fostering the growth of Web3 applications by providing the infrastructure needed for the next generation of the internet.

Shodipo Ayomide, developer relations at Polygon, said: “We are excited to be joining the 2022 edition of Crypto Fest as the title sponsor, and we are looking forward to supporting more conferences like this in South Africa and across Africa as a whole.”

Dalip Tyagi, developer relations at Polygon, said: “I’m excited about the happenings in Africa and I can’t wait to experience Crypto Fest this September 2022.”

Muskan Kalra, developer relations at Polygon, said, “When I heard about Cryptofest from Ayo, I researched it and was ultimately impressed, I was sure this is one event in Africa that we cannot miss.”

The Crypto Fest has become a popular annual event. This year, it forms part of the Week of Innovation in Cape Town, a collaboration with the SA Innovation Summit, the largest start-up event in Africa, which is taking place in Cape Town from Sept. 27 to 29, 2022.

On Sept. 30, more than 2,000 attendees will be joining this event either virtually or in-person in Cape Town, South Africa. Top global speakers will be sharing their insights on trending cryptocurrency, nonfungible tokens (NFTs), the Metaverse, Web3 and Decentralized Finance (DeFi) topics.

The Crypto Fest 2022 theme “(Don’t) Look Up” is a play on the satire-comedy movie title “Don’t Look Up.” Change is coming to the crypto-DeFi-NFT-Web3 space and now is the time to “look up” and notice the changes as well as the opportunities.

The Crypto Fest will ignite hard-hitting conversations, spark critical debates and host a one-of-a-kind experience on how the crypto-DeFi-NFT-Web3 technologies and communities are altering the worlds of finance, investing, art, music, sport, gaming, entertainment, marketing, governance and more.

Expect a packed day of exciting keynote presentations, a marketplace with a hive of activity at the various booths, NFT art and Metaverse gaming experiences, competitions and giveaways, and top local artist and DJ performances at the afterparty. Well-known South African radio personality Kienno Kammies will lead the proceedings as the Master of Ceremonies. All this action will be taking place in Cape Town, ranked as one of the most beautiful cities in the world.

A variety of tickets are available, from in-person general and VIP tickets to livestreaming tickets for those who prefer to attend virtually.

Bitcoin Events is offering a 40% discount on tickets to the SA Innovation Summit with the coupon codes “CRYPIP5” for in-person tickets and “CRYPON20” for virtual tickets.

About Bitcoin Events

Bitcoin Events is the first events company to host world-class blockchain and cryptocurrency-specific events in Africa. The company has hosted eight highly successful Blockchain Africa Conferences in Cape Town, Johannesburg and online. In 2019, Bitcoin Events introduced the Crypto Fest and in 2020, it introduced DeFi Conferences.

Over 15,000 attendees from 165 countries and 270 global speakers have attended these events.