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Ethereum price rally intensifies toward $3,000; bulls touch $2,800 for the first in history

Ethereum has continually led the price action this week, especially in the top ten cryptocurrencies. The pioneer smart contract token hit support at $2,000 twice last week before bulls focused on gains toward $3,000. Support at $2,000 was particularly vital to the upswing, which saw Ethereum hit highs above $2,700 and later brushed shoulders at

The post Ethereum price rally intensifies toward $3,000; bulls touch $2,800 for the first in history appeared first on Coingape.

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Ethereum has continually led the price action this week, especially in the top ten cryptocurrencies. The pioneer smart contract token hit support at $2,000 twice last week before bulls focused on gains toward $3,000. Support at $2,000 was particularly vital to the upswing, which saw Ethereum hit highs above $2,700 and later brushed shoulders at $2,800.

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eIntro

Ethereum relentless fight for $3,000

At the time of writing, Ethereum teeters at $2,750 as bulls concentrate on revisiting the hurdle at $2,800. However, sideways price action seems to be taking precedence based on the Relative Strength Index (RSI). The trend strength indicator levels 63 after the uptrend fizzled out before hitting the overbought.

This current situation is not bad for Ethereum bulls because it shows that the token is overbought. In other words, buyers still have ample room for growth. Therefore, holding above higher support, perhaps at $2,700, will ensure that bulls don’t lose focus from the near-term target at $2,800. Note that trading above this crucial level would trigger massive gains as investors stream in to take a piece of the likely breakout at $3,000.

ETH/USD four-hour chart

ETH/USD price chart
ETH/USD price chart by Tradingview

It is worth mentioning that the Moving Average Convergence Divergence (MACD) has a bearish impulse. This follows the MACD line crossing under the signal line. If the divergence expands in the upcoming sessions, overhead pressure will rise, forcing Ether to test the tentative support at $2,700. Other critical anchor zones to keep in mind include $2,600, the 100 Simple Moving Average (SMA), and the 200 SMA.

Etheruem intraday levels

Spot rate: $2,750

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Trend: Sideways

Volatility: Low

Support: $2,700, $2,600 and $2,400

Resistance: $2,800

To keep track of DeFi updates in real time, check out our DeFi news feed Here.

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Disclaimer
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
About Author
John is a talented writer with over two years of experience actively contributing to the cryptocurrency industry by providing credible, interesting and easy to read the content. His main focus is on cryptocurrency price analysis and industry news coverage. Lets follow him on Twitter at @jjisige

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Blockchain

The North American Bitcoin Conference Returns

Bitcoin. Blockchain. Enterprise Pioneering crypto conference announces high-power, enterprise-savvy lineup On January 16 and 17,2020, the global Bitcoin and blockchain community will meet in Miami for the seventh year running to create the future of the industry. The North American Bitcoin Conference (TNABC) has hosted 20,000 attendees since 2013 and the ongoing show of support … Continued

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Bitcoin. Blockchain. Enterprise

Pioneering crypto conference announces high-power, enterprise-savvy lineup

On January 16 and 17,2020, the global Bitcoin and blockchain community will meet in Miami for the seventh year running to create the future of the industry. The North American Bitcoin Conference (TNABC) has hosted 20,000 attendees since 2013 and the ongoing show of support and community convergence from around the world continues to propel cryptocurrency from niche to mainstream.

A key focus of the 2020 conference is enterprise and global adoption, delving into the commercial potential of blockchain. Attendees can also expect the traditional South Beach launch night to mingle with highly sought-after, international crypto names.

TNABC has announced a lineup of over 60 world-class presenters, including technology veterans and founders of companies transforming finance across the globe

The second round of speakers include:

  • Francis X Suarez – City of Miami, Mayor
  • Bobby Lee – Ballet, Founder & CEO
  • Kathleen Breitman – Tezos & Coase, Co-Founder
  • Jon Najarian – Market Rebellion, Co-Founder
  • Bill Barhydt – Abra, CEO
  • Brock Pierce – Blockchain Pioneer
  • Andrew ‘Flip’ Filipowski – Fluree, Co-Founder
  • Colleen Sullivan – CMT Digital, Partner and CEO
  • Stefan Rust – Bitcoin.com, CEO
  • Jenna Pilgrim – Streambed, CEO
  • Perianne Boring – Chamber of Digital Commerce, Founder

The two-day conference has announced further partnerships with VeriBlock, BnkToTheFuture and CrytpoCurrencyWire. TNABC will focus on themes of investment, blockchain enterprise, legal implications and regulation, and how decentralization is disrupting international supply chains. TNABC has hosted crypto events in Miami for seven years and continues to give voice to the city as a LATAM-US crypto hub, with an innovative lineup, guest appearance from the Mayor and multiple satellite events.

Miami Blockchain Week 2020 will begin with an extra special installment of community meetup ‘CryptoMondays’ at Bitcoin Center Miami and feature a job fair run by international student volunteers running alongside the TNABC conference. A hackathon and executive dinners round out the highlights of the week.

Keynote’s founder Moe Levin says, “This conference comes at a pivotal time, as innovation forces us all to make wise investing decisions. With an influx of new opportunities and new blockchain applications, Keynote wants to give our attendees the opportunity to meet the people and products they’ll be investing in and get a better understanding of the fast-expanding blockchain ecosystem. We’re also excited for our attendees to meet and interact with our sponsors and exhibitors, who number among the greatest blockchain companies active at the moment.”

TNABC

For Sponsorship and Exhibiting information please email amy@keynote.ae


About Keynote

Keynote was launched in 2012 by blockchain strategist Moe Levin. Further information and details about Keynote can be found at keynote.ae

For media inquiries, please contact lyndsey@keynote.ae

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Source: https://cryptocanucks.com/the-north-american-bitcoin-conference-returns/

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Blockchain

Palantir Now Accepts Bitcoin, Mulling Investment: Report

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The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

See full terms and conditions.

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Source: https://cryptobriefing.com/palantir-now-accepts-bitcoin-mulling-investment-report/

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Blockchain

VulcanVerse’s Marketplace Volume Triples from $5m to $15m, $20M Giveaway to Follow

Press Release: Newly-launched decentralized gaming platform, VulcanVerse, offers $20m giveaway as volume on its in-game marketplace triples.  11th May 2021, Cardiff, United Kingdom – Decentralized gaming platform, VulcanVerse is launching into the online gaming world, with record growth in users following a successful token sale.  The gaming platform is positioning itself as a pioneer in […]

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Press Release: Newly-launched decentralized gaming platform, VulcanVerse, offers $20m giveaway as volume on its in-game marketplace triples. 

11th May 2021, Cardiff, United Kingdom – Decentralized gaming platform, VulcanVerse is launching into the online gaming world, with record growth in users following a successful token sale. 

The gaming platform is positioning itself as a pioneer in NFT-based gaming, an area that has recently seen a huge surge in interest as a result of the wider NFT-mania that permeated the cryptocurrency market earlier this year. VulcanVerse expects to capitalize by converting this newly-found interest in online gaming into increased adoption for its own unique virtual world. 

With that aim, VulcanForged, the project behind VulcanVerse, has made several integrations with other blockchain-based platforms, including Polygon (formerly Matic), to broaden its reach. The team recently completed a sale for the platform’s native token, PYR, aimed at stimulating activity in its in-world marketplace. VulcanVerse wants to establish itself as a leader in decentralized gaming.

VulcanVerse In Demand 

Indeed, both have increased demand for VulcanVerse’s fantasy platform. PYR completed a successful token sale just over three weeks ago which led to a threefold increase in the volume from $5 million to $15 million on the platform’s marketplace, Vulcan Marketplace. The marketplace, which allows users to trade NFTs used in the fantasy game, is now one of the top five NFT marketplaces in the cryptocurrency space as a whole. 

As well as arctic as the native currency for the Vulcan Marketplace, PYR is also a utility token that can be used for staking, fee settlements, DeFi game launchpads, platform pools, and play-to-earn benefits as well as discounts for items on the Vulcan Marketplace. PYR is now available on Uniswap and Quickswap DEX.

In addition to sound economic performance, both for PYR and the platform’s own marketplace, VulcanVerse’s team has been pushing ahead with a number of integrations to sure up the platform’s infrastructure, as well as attract new users. The team has partnered with several leading blockchain platforms, Arkane Network and Polygon. The most recent Polygon partnership sees PYR launched on the Polygon network via an adapted version of the network’s Plasma feature, a layer two solution that aims to fix Ethereum’s scalability issues. The objective is to ensure VulcanVerse’s infrastructure can handle any increased output generated by an expected influx of users as the game expands as well as gain support from more established projects.

In a bid to incentivize even more growth, the VulcanVerse team is conducting a $20m PYR giveaway, the details of which can be found here

Navigating the VulcanVerse

As well as good macro-performance, VulcanVerse’s gaming world is a carefully scripted and rich environment itself. Land is integral to the in-world gameplay, with users able to buy plots of 20×20 square meters to build on or sell later at a higher price. Although new users can explore the universe without owning land, certain features of play are only available to landowners in order to encourage the evolution of the environment through building. 

Each plot of and the tools used to build on land are associated with specific “levels” all themed after Greek mythology. Users unlock these levels in gameplay, with each new level producing higher-value land and a more complex set of building tools.

As well as land, the VulcanVerse hosts NFT-based creatures called Vulcanites. Each Vulcanite is unique, has a tailored lore and set of skills that can be upgraded. They can be used to forage materials, compete for exclusive NFTs during treasure hunts or participate in community-led mini-games and side-quests. To balance world-building and interactivity, they provide benefits for their owners and help them level up but cannot be used to negatively affect others (e.g. they cannot attack players unless it’s part of an event). 

Vulcanites can be traded as 2d game cards on the VulcanMarketplace where users can browse other users’ Vulcanite stats. 

About VulcanVerse

VulcanVerse is a virtual world set in the Greco-Roman era. It is a stand-alone game that uses blockchain technology to enable users to truly own their land and assets. Its detailed lore is written by the authors of Fighting Fantasy, a series of successful single-player role-playing gamebooks created by Steve Jackson and Ian Livingstone. Additionally, the virtual world boasts complex gaming tools and multiplayer game-playing functionalities. 

VulcanVerse is blockchain-based, with key items in the virtual world existing as NFTs on a purpose-built blockchain. Its virtual world can be accessed via a downloadable application that recently became available on Google’s Play Store. 

The team behind the virtual world consists of a number of veteran online gaming developers and enthusiasts, selected from a wide cross-section of gaming companies including Vulcan Forged, Serv Reality, Spark Labs, and Fabled Lands Ltd.

For more information on how to become part of the VulcanVerse, visit their website here.

VULCANVERSE is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

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Source: https://bitcoinist.com/vulcanverses-marketplace-volume-triples-from-5m-to-15m-20m-giveaway-to-follow/?utm_source=rss&utm_medium=rss&utm_campaign=vulcanverses-marketplace-volume-triples-from-5m-to-15m-20m-giveaway-to-follow

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Blockchain

Introducing CoinWind: Smart Yield Optimizer on BSC and HECO

Singapore, May 10, 2021 – Currently supported on HECO (Huobi Eco-Chain) and BSC (Binance Smart Chain), CoinWind is a smart yield farming platform that automatically matches pledged tokens to maximize all user revenues. In the increasingly competitive landscape of DeFi (decentralized finance) yield farming, CoinWind effectively solves issues of both low revenues from single-token mining […]

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Singapore, May 10, 2021 – Currently supported on HECO (Huobi Eco-Chain) and BSC (Binance Smart Chain), CoinWind is a smart yield farming platform that automatically matches pledged tokens to maximize all user revenues.

In the increasingly competitive landscape of DeFi (decentralized finance) yield farming, CoinWind effectively solves issues of both low revenues from single-token mining and high risks from impermanent losses on LP (liquidity pool) mining. Currently the TVL (Total Volume Locked) on the platform is an impressive USD 2.69 Billion.

A Smart Decentralized Finance Management Platform

Positioned as a smart decentralized finance management platform and not simply an aggregator tool, CoinWind focuses on optimizing users’ yields.

The high-yield, safe and reliable platform places tokens deposited by users into the different pools, and mobilizes funds from certain token pools to participate in different liquidity minings, all according to a combination of project selection and mining strategies.

At the same time, this is combined with token price hedging strategies to mitigate impermanent loss in liquidity mining so as to ensure the safety of funds.

The aim is to maximize the rate of returns for users while reducing unpredictable losses.

High Yield Products: Single-Token and LP Farms

Currently launched on HECO and BSC, CoinWind plans to integrate other chains such as ETH and OKT in the future.

According to Musk, Head of CoinWind Community, CoinWind’s competitive edge is in offering low user thresholds and maintaining high yields that work together to attract liquidity providers. In the Chinese DeFi space, the platform is one of the most popular in terms of single-token mining.

Professional project selections include screening audited, popular and relatively stable projects, combined with mining strategies to optimally match up with high-yield pools for highest profit returns as well as hedging strategies to reduce impermanent losses, a frequent concern in yield farming.

CoinWind offers both Single-token (or Single-Asset) mining and LP (liquidity pool) mining opportunities, offering attractive APY (annual percentage yield) with flexible staking.

For single-token mining opportunities, there are currently 16 tokens on HECO and 14 on BSC. Some APY highlights would include MDX token (208.99% on HECO and 305.67% on BSC), USDT (30.08% on HECO and 35.37% on BSC), DOGE (44.85% on HECO), HUSD (33.87% on HECO), UNI (31.44% on HECO), HDMX (140.23% on BSC), BUSD (44.27% on BSC) and WBNB (37.57% on BSC), amongst many others.

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For liquidity pool mining opportunities, there are currently 15 pairs on HECO and 15 pairs on BSC. Some APY highlights would include MDX-USDT (215.38% on HECO and 278.73% on BSC), MDX-WHT (207.72% on HECO), MDX-WBNB (376.08% on BSC), MDX-BUSD (402.76% on BSC), MDX-HBTC (191.33% on HECO), MDX-BTCB  (341.53% on BSC), WBNB-USDT (74.79% on BSC) and MDX-ETH (232.58% on HECO), amongst many others.

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Automatically Reinvests Profits

CoinWind also does not let the income generated in the LP pool lie idle. Every 5 – 10 minutes, it automatically reinvests the profits into high-yield projects and this process is continuously repeated so that incomes are efficiently used to generate optimal profits and it also saves time for the user who would otherwise have to manually process this.

As of this writing, total user revenues have reached USD 85,578,977.14.

Strong Growth Potential MDX Token as Target Value

CoinWind currently uses the MDX token as the target value, a nod to MDEX, the largest platform on HECO and performing well in the competitive BSC environment. The leading DEX (decentralized exchange) implements a unique strategy of dual mining, combining liquidity and transaction mining. This has led to an explosive growth in its platform trading volumes.

Recognizing the stellar performance and strong growth potential of the MDEX platform, CoinWind’s utilization of the MDX token as a core value of exchange on its platform is yet another astute move.

For more info about CoinWind, visit the official website: https://www.coinwind.com

CoinWind official channels:

Twitter: https://twitter.com/coinwind_com

English Telegram: https://t.me/CoinWind

Chinese Telegram: https://t.me/coinwind_cn

Medium: https://mdex.medium.com/

Media Contact

Cecilia Wong, yourPRstrategist.com

pr@yourPRstrategist.com

+65-91826605

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Source: https://bitcoinist.com/introducing-coinwind-smart-yield-optimizer-on-bsc-and-heco/?utm_source=rss&utm_medium=rss&utm_campaign=introducing-coinwind-smart-yield-optimizer-on-bsc-and-heco

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