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‘Control’ is headed to PS5 and Xbox Series X

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Remedy’s mind-bending action-adventure Control has won plenty of praise, including for its gorgeous visuals. But, at least before the developer improved the game’s performance with patches, it struggled on the base PS4 and Xbox One, and dropped to as low as 10 frames per second at some points. Performance certainly shouldn’t be a problem on next-generation consoles, however.

Control is headed to PlayStation 5 and Xbox Series X, Remedy said. The studio didn’t reveal any more details beyond that for now — it didn’t shed light on a release date, for instance. The upcoming consoles will have significant hardware upgrades from the PS4 and Xbox One, so Control should run like a dream on them, all going well.

Source: https://e-cryptonews.com/control-is-headed-to-ps5-and-xbox-series-x/

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Co-founder of Argo Blockchain to launch its Initial Public Offering 

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Co-founder of Bitcoin mining company Argo Blockchain is all set to launch the Initial Public Offering (IPO) of the new crypto company, which will focus on decentralized finance. The company announcement intended to float on the Aquis Stock Exchange Growth Market. The announcement was made by the Chief Executive Mike Edwards told Financial News, in London on 19th April. 

Argo Launches the Initial Public Offering

Edwards, the co-founder of Bitcoin miner Argo which floated in London in 2018 at 16p a share. The shares are now trading at 163p, boosted by the explosion in the bitcoin price over the last year.

The aim is to raise approximately £10m before expenses in a float that will value the company at approximately £25m. Aiming to place 200 million shares at 5p each through Novum Securities, the company’s corporate adviser, and joint broker alongside Tennyson Securities. The first dealings in the shares are expected to commence at the end of this month.

Based on the theory that resembles the Argo, Dispersion aims to give investors exposure to cryptocurrencies but without the technical barriers to entry.

Invests in Non-Fungible Tokens

According to a statement from Edward, “Dispersion would adopt a portfolio approach, investing in the infrastructure underpinning the sector such as blockchain Ethereum and crypto wallets, as well as investing in early-stage fintech companies in the space.”

“We hope to create a very large, diversified portfolio that is at the earliest stages of investing in this asset class,” he added.

Edwards, who also holds the position of director of NFT Investments, raised £35m to invest in non-fungible tokens which were listed on Aquis on 16 April. The Non-Fungible market is booming as the physical markets for collectibles such as art, music, film, and TV boost.

Further being on the position of the co-founder of Guild Esports, floated in London at 8p per share in October, with shares now trading at 6p.

READ  Argo Blockchain Mines Record Number of Bitcoin in First Quarter

#[initial public offering] IPO #Argo Blockchain #Non-fungible tokens (NFT)

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Source: https://www.cryptoknowmics.com/news/co-founder-of-argo-blockchain-to-launch-its-initial-public-offering

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ALGO Technical Analysis – Currently Above the Fibonacci Pivot Point of $1.47

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In today’s technical analysis of ALGO, we will discuss some of the key factors that will influence its price overall performance. Algorand is a robust blockchain technology-based platform that enables users to build innovative financial products and means of exchange. It integrates centralized and traditional finance. It is an open-source PoS-based protocol that is highly scalable, fast, and secure with advanced privacy features. ALGO is the native token of this ecosystem.

Past Performance

On April 12, 2021, ALGO started trading at $1.52. As of April 18, 2021, the closing price of ALGO is $1.46. Thus, in the past week, the ALGO price has declined by 4%. In the last 24 hours, ALGO has traded between $1.42-$1.53.

ALGO Price Analysis

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Day-Ahead and Tomorrow

Currently, ALGO is trading at $1.49. The price has increased from the opening price of $1.45. Thus, the market seems uptick.

The MACD and signal lines have just turned positive. Moreover, a bullish crossover by the MACD line over the signal line has occurred. Thus, the overall market momentum is positive. Hence, we can expect the ALGO price to go up further.

However, the OBV indicator is declining gradually. Thus, selling volumes are slowly overtaking buying volumes. Heavy offloading activity will push the ALGO price downwards. Thus, the OBV indicator is pointing towards a price dip.

The RSI indicator faced rejection at 56% and fell to the current level of 38%. Like the OBV indicator, the RSI indicator too is showing high selling pressures. Thus, we can expect a price pullback soon.

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In a nutshell, a price drop is on the anvil but since the overall market momentum is bullish, we can expect the price to start rising after some time. The ALGO market is currently in a price adjustment phase. So, we need to wait and watch to understand the price direction.

ALGO Technical Analysis

As per technical analysis, the price is currently above the Fibonacci pivot point of $1.47. If the price uptrend is strong, we can expect it to break out of the first Fibonacci pivot resistance level of $1.51 in some time.

The price is soon likely to test and break out of the 38.2% FIB retracement level of $1.49. If it breaks out of the 23.6% FIB retracement level of $1.50 too, then probably the price upswing is strong. In that case, we can expect the bullish momentum to continue today as well as tomorrow.

READ  Cybercriminals Steal Cryptos Worth $5.4 Million From Six Hot Wallets At Eterbase

#ALGO #Algorand

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Source: https://www.cryptoknowmics.com/news/algo-technical-analysis-currently-above-the-fibonacci-pivot-point-of-1-47

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Paris Hilton’s NFT Collection Sells for Over $1.1 Million

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American media personality, Paris Hilton is the latest to join the non-fungible token (NFT) movement by launching her very own collection. Collaborating with designer, Blake Kathryn, Hilton’s collection includes three unique pieces.

Paris Hilton Launches Three NFTs

Socialite Paris Hilton has set up a collection of three NFT pieces. The two pieces dubbed “Hummingbird in my metaverse” and “Legend of love” were up for 11 editions. Each piece was sold out for $10,000 each, bringing a total of $220,000.

However, the third one “Iconic Crypto Queen” offers only one edition that was sold for over $1.11 million.

Hilton’s foray into the world of NFT space isn’t a recent one. Last year, Hilton auctioned her first non-fungible token titled “Cryptograph of Munchkin” stating the auction was done to benefit three different Charity organizations.

Earlier this month, Paris Hilton revealed her understanding of non-fungible tokens in a blog post and the potential applications of the technology in an extensive blog post.

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In a blog post titled “I’m Excited About NFTs—You Should Be Too,” Hilton demonstrates an informed understanding of the NFT industry.

On her Nifty Gateway NFT bio, Hilton describes herself as:

“an icon in every endeavor she’s pursued, from the original influencer to a wildly successful DJ and innovative businesswoman.”

Celebrities, Influencers Joins the NFT Bandwagon

Non-fungible tokens have allowed artists to sell their digital work for thousands and even millions of dollars. The NFT market now currently sits at more than $1 billion. As the craze for crypto art continues, celebrities, billionaires, and influencers are getting in on the NFT bandwagon.

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NFL player Rob Gronkowski, rapper Ja Rule, Lindsay Lohan, The Weeknd among others have jumped on board.

Billionaire and Shark Tank star Mark Cuban sold an NFT of a motivational quote, that read, “Nobody ever changed the world by doing what everyone else was doing – Mark Cuban.”

Meanwhile, pop sensation, Shawn Mendes made virtual versions of his guitar and gold ring and sold them as NFTs.

#NFT #NFT Art #Paris Hilton

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Source: https://www.cryptoknowmics.com/news/paris-hiltons-nft-collection-sells-for-over-1-1-million

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ATOM Technical Analysis – Price Above $21.48 Uptrend to Continue

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In a new technical analysis of ATOM, the Cosmos blockchain network is a fast-growing player in the DeFi (Decentralized Finance) market. It facilitates cross-chain and multi-chain digital money transactions.

The apps and services on this platform are interconnected using Inter-Blockchain Communicated protocol. This connectivity enables users to exchange cryptocurrencies across borders. ATOM is the prime governance token of this ecosystem.

Past Performance

On April 12, 2021, ATOM started trading at $23.46. As of April 18, 2021, ATOM closed at $21.40. Thus, in the past week, the ATOM price has decreased by approximately 9%. In the last 24 hours, ATOM has traded between $20.78-$22.25.

ATOM Price Analysis

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Day-Ahead and Tomorrow

Currently, ATOM is trading at $21.99. The price has increased slightly since morning. Thus, the market seems bullish.

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The MACD and signal lines are negative. Moreover, a bearish crossover by the MACD line over the signal line has occurred. Thus, the overall market momentum is bearish. Hence, we can expect a price pullback.

The RSI indicator is currently at 39%. It faced rejection at 35% and rose to the current level. Hence, as of now, the selling pressures are high but buying pressures are slowly mounting. Thus, we can expect a price pullback before the price resumes its upward journey.

However, the OBV indicator is steadily rising. Buying volumes are higher than selling volumes. High demand for crypto will push the ATOM price upwards. Thus, the OBV indicator is giving strong indications of a bullish trend. But, since the other oscillators are showing a price pullback, we can expect some intermittent price dips amidst an overall positive trend. At this point, it is too early to confirm a trend reversal.

READ  S&P 500 SPY IWM QQQ XLF XLV XBI VIX Oil Gold Technical Analysis Chart 7/4/2019 by ChartGuys.com

ATOM Technical Analysis

As per technical analysis, currently, the price is above the Fibonacci pivot point of $21.48. If the bulls remain strong, we can expect the price to break out of the subsequent resistance levels of $22.38 and $22.95 respectively, in some time.

The price has tested and broken out of the 38.2% FIB retracement level of $21.69. It is soon likely to surpass the 23.6% FIB retracement level of $21.90. Thus, we can conclude that as of now the price uptrend is strong and is likely to continue tomorrow as well with intermittent price pullbacks.

#ATOM #Cosmos

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Source: https://www.cryptoknowmics.com/news/atom-technical-analysis-price-above-21-48-uptrend-to-continue

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